Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[HairyMaclairy]

the billion dollar eth play on mex

Bitcoin still doing at least twice that on Mex.  But Mex volume is fake as fuck.  I have never had $70 slippage on another exchange, I don’t care how big the move. The slippage on Mex is just outrageous. It’s liquidity is worse than HitBTC. 

[1714061830]

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[1714061830]

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[bitserve]

the billion dollar eth play on mex

Bitcoin still doing at least twice that on Mex.  But Mex volume is fake as fuck.  I have never had $70 slippage on another exchange, I don’t care how big the move. The slippage on Mex is just outrageous.

$70 spread? Maybe I should go there for my scalping. I could make a living out of that if real. How much are the fees for market makers (limit orders not big volume)?

[HairyMaclairy]

Not spread, slippage.  As in you place a market stop loss at $3650 and it executes a market sell at $3570.  

[bitserve]

Not spread, slippage.  As in you place a stop loss at $3650 and it executes a sell at $3570.  

But that depends on how big your order is. Nowadays I just play with multiple fraction of a BTC orders, so no slippage for me.

Stop losses always have had an ugly outcome. That's why I never use them.

[HairyMaclairy]

Except on Mex even a tiny order can have massive slippage.

Which I think shows their books are cooked.  

Stop losses have their place on a proper exchange.  You need tools to take you out of a position if the market turns.

[Majormax]

There will only be 818,913 more bitcoin mined before the next halvening event.

That is only $3 billion worth of bitcoin.

Let bears enjoy a few extra percentage points.

Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.

https://twitter.com/alecziupsnys/status/1099746204433506304?s=21

Well nobody new is buying at the moment, let alone $3B of new money. Down we go.

Well, that doesn't include any existing holders who wish to cash out a little bit to fiat.

A net sale is a given for the next year or so, but that might only mean a slow drift down, not a sudden move at a predictable time..

IMO any new buyers in the next year or two will take up the issuance, leaving the price in a stable range. If volatility is low for a long time, it will ease objections about volatility making real use cases  difficult..

Between 3k and 4k until 2021 is quite possible.

[Phil_S]

Now THAT is what I’m talking about. Could maybe do with a few more blacked out windows, nobody wants to see you jerking off on the sofa.

On the other hand, it could protect you from pirates.

[Last of the V8s]

Arthur does front run the little fish when his mates need to flog off a big chunk; saw this in action over the past few days.
For that fourth leg up and dump, the one whale theory holds.

Meanwhile we sprats fiat cost average in and btfd at these paltry prices.

[Last of the V8s]

The dildo. It's coming.

[Last of the V8s]

Unfortunately, time and time again we have witnessed ecosystem members engage in toxic behavior that discourages open discussion such as doxxing, violent threats, or brigading against people they disagree with. In an instance just last week, one of our longest standing contributors, and the catalyzer of the Görli Testnet, Afri, received a wave of verbal violence from some Redditors, forced into the center of a storm on r/ethtrader which, triggered by a couple of tweets issued by him, turned menacing, dark, and deeply toxic. Under stress from this backlash and to protect himself and his family from threats coming from unknown internet users, he made the decision to leave his position as a core Ethereum developer.

not even funny

[vroom]

The dildo. It's coming.

WO fellows, get prepared



with lightning support

[El duderino_]

via Imgflip Meme Generator

Ginger lightning

[RayX12]

Yes, proof that too many pricks own too much bitcoin.

[Globb0]

Funny story, I brought some anal fisting gel and rope  from the internet to make giant bubbles.

I didn't mention it to my gf and she found them one day when tidying.

[Last of the V8s]

oh god now i gotta ddg anal fisting rope

[Globb0]

oh god now i gotta ddg anal fisting rope

She wouldn't believe me. Just said anal fisting? you can forget that idea.  LMAO

https://youtu.be/VXsPqUFsArM?t=147

[BitcoinGirl.Club]

Good Afternoon WO. Sad news. We lost another good forum member:

RIP brother. See you on the other side.

[_javier_]

There will only be 818,913 more bitcoin mined before the next halvening event.

That is only $3 billion worth of bitcoin.

Let bears enjoy a few extra percentage points.

Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.

https://twitter.com/alecziupsnys/status/1099746204433506304?s=21

Well nobody new is buying at the moment, let alone $3B of new money. Down we go.

All the people that have been selling from higher prices will begin to buy after a couple of green candles.. its called FOMO.

[realr0ach]

For that fourth leg up and dump, the one whale theory holds.

That's what I've been telling you morons for years.  The price of bitcoin has been controlled by a single entity operating on the fraudulent exchange Bitfinex ever since it was $200.  It was solely manipulation from a single entity all the way up, and then a 9/11 controlled demolition all the way down.  There is no actual bitcoin market.  A market requires more than one actor.  The market is completely fake.

[Globb0]

How bias?

https://www.weforum.org/agenda/2018/12/24-cognitive-biases-that-are-warping-your-perception-of-reality?