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

[Last of the V8s]

Went to visit some distant cousins. Not even sure we're related.

[Last of the V8s]

https://twitter.com/LightCrypto/status/1122648229877776385 thread + charts

Redemption arbitrage flow was outnumbered by derisk trades over the weekend - the brief move towards par on the back of Bitfinex's spirited response to the NY AG complaint reversed with a new high printed on tether discount - currently standing at 6.5% going into the Asian open. ... Someone is doing their best effort to hide the 6.5% Tether discount by wash trading/misprinting billions in volume on fake volume Asian exchanges. ... Crisis management in the blockchain era: ... Whoever it is - they are deathly scared of a bank run.

[Last of the V8s]

https://www.thestar.com.my/business/business-news/2019/04/29/jaguar-land-rover-planning-to-allow-helpful-car-drivers-to-earn-cryptocurrency/

https://www.topgear.com/car-news/fancy-earning-cryptocurrency-while-driving-new-jag

[yefi]

I think 50K is pretty conservative

Not a bad guess for this cycles high, I'll probably sell a few coins around $50k in case the cycle ends there and buy the way down.

So far the patterns of contraction and expansion haven't shown the kind of deviation that would suggest 50K as the top.

One must be mindful that deviation is the devil that is coming, of course.

[Toxic2040]

thread + charts

Crisis management in the blockchain era: ... Whoever it is - they are deathly scared of a bank run.

-------
Not really comfortable with market dynamics at the moment to be honest. Still waiting for the other shoe to drop. The fallout from the tether/bitfinex...fiasco is the only word that really fits..is still reverberating and until it settles I think patience is the best course of action. #dyor
1h


4h


D


W

#stronghands

[realr0ach]

https://twitter.com/LightCrypto/status/1122648229877776385 thread + charts

Redemption arbitrage flow was outnumbered by derisk trades over the weekend - the brief move towards par on the back of Bitfinex's spirited response to the NY AG complaint reversed with a new high printed on tether discount - currently standing at 6.5% going into the Asian open. ... Someone is doing their best effort to hide the 6.5% Tether discount by wash trading/misprinting billions in volume on fake volume Asian exchanges. ... Crisis management in the blockchain era: ... Whoever it is - they are deathly scared of a bank run.

That would provide circumstantial evidence that the single entity which has controlled bitcoin price all the way from $200 to $20,000 on the fraudulent exchange Bitfinex is some coalition of Asian actors, probably including Bitmain/Chinese mining cartel.  Rig bitcoin price upwards - sell more ASICs.  Why would they NOT do it?

[jojo69]

https://www.thestar.com.my/business/business-news/2019/04/29/jaguar-land-rover-planning-to-allow-helpful-car-drivers-to-earn-cryptocurrency/

https://www.topgear.com/car-news/fancy-earning-cryptocurrency-while-driving-new-jag

Now I have to buy a fucking jag, at least theyre cool

does the new electric E type count?

[HairyMaclairy]

Astute Wall Observers

A Wall Observing Challenge


Where in the world is this wall located (top left of picture).

10 merit to first correct answer, sufficient to name a nearby landmark.  More pixels to be provided on an ongoing basis.

[realr0ach]

NOT

JayJuanGee seems upset about the fact Jews will most likely be used as sandbags to build a wall with to keep out the 3rd world invaders they've been trying to import to destroy the country on purpose with the Kalergi Plan. He'll be trapped on the other side of the border in Tijuana asking people if they accept digital shitcoins and be met with a resounding no.

[HairyMaclairy]

does the new electric E type count?

It is the correct answer to most questions.

[JayJuanGee]

NOT

JayJuanGee seems upset .....

And you seem wrong,




again.


What else is new?

[realr0ach]

Lol @ new Zerohedge ad:



(that's a whopping $22k a year working 5 days a week)

[jojo69]

does the new electric E type count?

It is the correct answer to most questions.

It certainly looks the part, I would like to see some reliability data on the "bespoke" electric powertrain.

No offense, but y'alls' British motorcars, while stunningly beautiful, are not renowned for their electrical systems.

[Arriemoller]

Astute Wall Observers

A Wall Observing Challenge


Where in the world is this wall located (top left of picture).

10 merit to first correct answer, sufficient to name a nearby landmark.  More pixels to be provided on an ongoing basis.

Alamo?

[Toxic2040]

Astute Wall Observers

A Wall Observing Challenge


Where in the world is this wall located (top left of picture).

10 merit to first correct answer, sufficient to name a nearby landmark.  More pixels to be provided on an ongoing basis.

Taipei or HK because I dont think Japan. Dosent look familiar tbh. More pixels required.

[JimboToronto]

Alien technology is not by definition artificial. Nor is that created by chimps for that matter, so WO thread is also natural.

Everything is natural. If something exists it's natural.

Is it any more natural for a bee to make a honeycomb or a beaver to build a dam than for a human to make a nuclear reactor?

[infofront]

I don't recall seeing this posted:
Bitfinex is Mixed Up with Colombian Cocaine, Polish Media Reports
$371 million seized by Polish authorities from two shell companies, possible connection with Bitfinex.

[realr0ach]

Everything is natural. If something exists it's natural.

Is it any more natural for a bee to make a honeycomb or a beaver to build a dam than for a human to make a nuclear reactor?

Jimbo keeps a pitcher of glyphosate to sprinkle on all his dinners for seasoning.

[realr0ach]

I don't recall seeing this posted:
Bitfinex is Mixed Up with Colombian Cocaine, Polish Media Reports
$371 million seized by Polish authorities from two shell companies, possible connection with Bitfinex.

I posted it months ago.

Massive amounts of drug money is laundered BY THE BANKS into the US stock market which provides a lot of it's liquidity.  If you remove the drug money laundering, the stock market loses much of it's liquidity and crashes (unless the PPT picks up the slack).  It appears they are doing the exact same thing with digital shitcoins now.  Criminal banks like HSBC laundering massive amounts of money in Bitfinex which artificially raises the market.
How can you launder money in stocks if no millenials want to purchase them and have no money to do so (or anyone else for that matter) even if they wanted to?

[dyask]

I don't recall seeing this posted:
Bitfinex is Mixed Up with Colombian Cocaine, Polish Media Reports
$371 million seized by Polish authorities from two shell companies, possible connection with Bitfinex.

I posted it months ago.

Massive amounts of drug money is laundered BY THE BANKS into the US stock market which provides a lot of it's liquidity.  If you remove the drug money laundering, the stock market loses much of it's liquidity and crashes (unless the PPT picks up the slack).  It appears they are doing the exact same thing with digital shitcoins now.  Criminal banks like HSBC laundering massive amounts of money in Bitfinex which artificially raises the market.

Even if that were completely true, it is only a tiny drop in the bucket.  World-wide the illegal drug trade isn't even worth $400 billion US dollars.   Just the New York stock exhange market alone is worth over $30 trillion US dollars.   If you are going to post FUD at least try to have a small amount of intelligence in the post.     

https://en.wikipedia.org/wiki/Illegal_drug_trade
https://en.wikipedia.org/wiki/New_York_Stock_Exchange