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

[El duderino_]

I have serious Hat Envy. Hard to keep up with the HODLers.
Go, BTC, Go!
I hope everyone else traded their free stellar lumens for BTC when it was around $5K and XLM was at 12 cents.
I did, and now BTC is over $6K, XLM is 9 cents, LOL.
Thanks for the free pump, XLM!

Free lumens? I didn't know it was distributed based off btc?

I think it only was for BTC on Kraken....

[El duderino_]

happy mothers day 

Yeah, but its not the real one

[El duderino_]

I think he's out of shape, maybe the misery feeling of not buying those precious coins on the low?

[Retina]

I believe manipulation is in full effect currently as these exchanges are trying to cover their butts to liquidate leveraged shorts that have been stacking. As a result this will extend the length of our current bear market, cause a much faster and harder drop and possibly take us to lows lower than previously expected by even the most bearish of bears. Sleep tight!

[El duderino_]

Second attempt at crashing it.  

Failed.

$8k Incoming this time. Just like the good old days in 2017. Aaah.



Edit: Was I early?

so you like your beers Belgian....



^
I'm no beer drinker, but this one is a real Bullish beer imo (also Belgium most sold I think)

[d_eddie]

Hahaha that’s about correct.

They make it really easy to use leverage on longing or shorting so that makes it appealing.  But it is a home of deep fuckery and the volume and order books are completely fake and their in-house trading team is front running trades.  Hard work to consistently make a profit there.  

... unless you stay under the radar with small trades.

[600watt]

happy mothers day 

Yeah, but its not the real one

call your mother and thank her for having given birth & raised you towards a level of intellectual capability that made it possible for you to identify this live changing invention the way you did.

[Gyrsur]

Hahaha that’s about correct.

They make it really easy to use leverage on longing or shorting so that makes it appealing.  But it is a home of deep fuckery and the volume and order books are completely fake and their in-house trading team is front running trades.  Hard work to consistently make a profit there.  

... unless you stay under the radar with small trades.

indeed the best way to make profits is to trade small quantities constantly.

like a market maker. 

[serveria.com]

I believe manipulation is in full effect currently as these exchanges are trying to cover their butts to liquidate leveraged shorts that have been stacking. As a result this will extend the length of our current bear market, cause a much faster and harder drop and possibly take us to lows lower than previously expected by even the most bearish of bears. Sleep tight!

https://www.tradingview.com/chart/BTCUSD/Sddv9e7I-A-possible-result-from-current-Bitcoin-manipulation/

Very constructive TA of just 2 sentences. Beartrolls are getting lazier each day. 2 minutes to type a SOMA bullsh*t TA (he's even too lazy to mention the exact numbers of doom ($1500 is not scary anymore?). You need to try harder, it won't work.  

[d_eddie]

https://twitter.com/CryptoHayes/status/1127482437490106369

Now that's a good indicator, kinda rules out tether fud.

I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.

every exchange does market making to provide liquidity to the market. there is no possibility to differ between market making (by the exchange itself or other market making parties) and the "real" volume by clients of the exchange. only the exchange itself knows the real figures.

EDIT: the so called "wash trading" or "fake volume" on the exchanges is in fact market making which provides liquidity to Buyers and Sellers. but the Noobs don't really understand how the business is working and start to blame the exchanges.

Bitmex is only dealing in derivatives (paper coin). So they say they are only acting as middlemen and profiting from commissions. Every user short has a matching user long and vice versa. They are not taking sides! Don't you believe them?  

[Gyrsur]

happy mothers day 

Yeah, but its not the real one

call your mother and thank her for having given birth & raised you towards a level of intellectual capability that made it possible for you to identify this live changing invention the way you did.

call your mother if you want to call!  

[Gyrsur]

https://twitter.com/CryptoHayes/status/1127482437490106369

Now that's a good indicator, kinda rules out tether fud.

I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.

every exchange does market making to provide liquidity to the market. there is no possibility to differ between market making (by the exchange itself or other market making parties) and the "real" volume by clients of the exchange. only the exchange itself knows the real figures.

EDIT: the so called "wash trading" or "fake volume" on the exchanges is in fact market making which provides liquidity to Buyers and Sellers. but the Noobs don't really understand how the business is working and start to blame the exchanges.

Bitmex is only dealing in derivatives (paper coin). So they say they are only acting as middlemen and profiting from commissions. Every user short has a matching user long and vice versa. They are not taking sides! Don't you believe them?  

BS!!  

this would mean in times with low activity of clients you would have a massive gap in price between Buyers and Sellers.

EDIT: take a look at decentralised markets like Bisq (Bitsquare) and you can figure it out for yourself.

[xhomerx10]

Guys I can't take this anymore!  Too much excitement for one weekend.




 PUMP EEEET!!!

[Retina]

happy mothers day 

Yeah, but its not the real one

call your mother and thank her for having given birth & raised you towards a level of intellectual capability that made it possible for you to identify this live changing invention the way you did.

call your mother if you want to call!  

This is mothers day Bitcoin created a magic nice day we are happy but alt Dump.

[d_eddie]

https://twitter.com/CryptoHayes/status/1127482437490106369

Now that's a good indicator, kinda rules out tether fud.

I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.

every exchange does market making to provide liquidity to the market. there is no possibility to differ between market making (by the exchange itself or other market making parties) and the "real" volume by clients of the exchange. only the exchange itself knows the real figures.

EDIT: the so called "wash trading" or "fake volume" on the exchanges is in fact market making which provides liquidity to Buyers and Sellers. but the Noobs don't really understand how the business is working and start to blame the exchanges.

Bitmex is only dealing in derivatives (paper coin). So they say they are only acting as middlemen and profiting from commissions. Every user short has a matching user long and vice versa. They are not taking sides! Don't you believe them?  

BS!!  

this would mean in times with low activity of clients you would have a massive gap in price between Buyers and Sellers.

EDIT: take a look at decentralised markets like Bisq (Bitsquare) and you can figure it out for yourself.

I guess they justify the absence of wide gaps by the market making commissions they pay to users adding liquidity to the book. I'm playing devil's advocate but not really defending them, because the verlakking is plain to see in times of turbulence.

[El duderino_]

Guys I can't take this anymore!  Too much excitement for one weekend.




 PUMP EEEET!!!

Dammit XhomerX, I was watching the pre LFC-game talk, toke the laptop, opened the WO, saw your pump eeeet so instantly open the price chart, that we where attacking UP again

[El duderino_]

happy mothers day 

Yeah, but its not the real one

call your mother and thank her for having given birth & raised you towards a level of intellectual capability that made it possible for you to identify this live changing invention the way you did.

Of-course I contacted here, but she lives so faaaaaaaaaaar away from me  ... still she's always happy to hear mr of-course

[El duderino_]

[El duderino_]

^Boys my heart is beating RED ...... if everything stays as it is right now


Would be magical

[El duderino_]

Wooooooooow

City behind LFC in front

Last game Come On !!!!!!!!!!!!!!

Still long game !!!!!!!!!!!!!!!!

F*** one minute later equalised