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

[cAPSLOCK]

So quiet here and in all my channels, I thought I better check if my internet broke, but no such luck.



Anyway I put my last few coins into BlockFi, seems such a great deal and such a safe place, nothing could possibly go wrong. /s

In fact I think it will be one of the scandals we need to keep pushing us up the bull hill in due course. When they run of with the money they promise to in their terms and conditions. But I'll be in and out before then.

"Jeb. Just remember, whatever happens, happens."

[1713875015]

1713875015

[1713875015]

1713875015

[marcus_of_augustus]

Pentarudi/Masterluc newest Update:

"Trade closed: target reached: The target of local short-term triangle is above $11000. Which will trigger break of long term resistance line at around $10000. And this will trigger break of giant long term triangle with target well above all time high. 

This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.

masterluc's long term calls are worth considering ... bitcoin hasn't had a bull wave longer than ~2 years I don't think (besides the on-going 11 year secular bull), so a 4 year bull run would be something epic and worthy of examining how it might play out.

I think because we are in a time of extreme uncertainty (saecular crisis) a lot of the TA is v. undecided, swinging wildly and could go either way right now. BTC has already shown it can be effected by crisis moves on March 13. But the resolution of the crisis can mean major trends are established on the smallest of actions at this critical juncture in time.

I can imagine a 4 year bull scenario where btc grinds higher being fought all the way by the banksters/institutions using fiat future/derivatives games on CME and Bakkt and so not really blowing off until 2024 around the $300k range of PlanB's S2Fx model top for this cycle.

The 10 year bear call is also intriguing ...

[Hueristic]

So quiet here and in all my channels, I thought I better check if my internet broke, but no such luck.



Anyway I put my last few coins into BlockFi, seems such a great deal and such a safe place, nothing could possibly go wrong. /s

In fact I think it will be one of the scandals we need to keep pushing us up the bull hill in due course. When they run of with the money they promise to in their terms and conditions. But I'll be in and out before then.

What's going on with that amount?  Satoshis?  Is there supposed to be a decimal somewhere in there?

Regarding people wanting to put money with 3rd parties to get interest, I doubt that phenomena will be going away any time soon.  There are a lot of people who buy into a nonsense belief that they have to have their money working for them, as if the whole scarcity of bitcoin is not a sufficiently sound and potentially profitable investment thesis. 

It looked like a joke to me. lol



Edit: Dammit
Your session timed out while posting. Please try to re-submit your message.

[Hueristic]

Pentarudi/Masterluc newest Update:

"Trade closed: target reached: The target of local short-term triangle is above $11000. Which will trigger break of long term resistance line at around $10000. And this will trigger break of giant long term triangle with target well above all time high.

This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.

masterluc's long term calls are worth considering ... bitcoin hasn't had a bull wave longer than ~2 years I don't think (besides the on-going 11 year secular bull), so a 4 year bull run would be something epic and worthy of examining how it might play out.

I think because we are in a time of extreme uncertainty (saecular crisis) a lot of the TA is v. undecided, swinging wildly and could go either way right now. BTC has already shown it can be effected by crisis moves on March 13. But the resolution of the crisis can mean major trends are established on the smallest of actions at this critical juncture in time.

I can imagine a 4 year bull scenario where btc grinds higher being fought all the way by the banksters/institutions using fiat future/derivatives games on CME and Bakkt and so not really blowing off until 2024 around the $300k range of PlanB's S2Fx model top for this cycle.

The 10 year bear call is also intriguing ...

No, nothing he postulates is worth considering.

SOMA is a better option and I'm being serious here.

[Toxic2040]

the afternoon wall report


A volatile day for bitcoin as it plunges from $10.2k to $9.1k before settling around $9.5k as we near Tuesdays closing bell. Whelp..nothing left but to get back on our feet..dust ourselves off and carry on..the bull market is inevitable. Resistance is futile.

#dyor
1h


4h

#stronghands

[JayJuanGee]

Pentarudi/Masterluc newest Update:

"Trade closed: target reached: The target of local short-term triangle is above $11000. Which will trigger break of long term resistance line at around $10000. And this will trigger break of giant long term triangle with target well above all time high. 

This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.

The 10 year bear call is also intriguing ...

Intriguing that Masterluc might be retarded...   I'm giving him the benefit of the doubt.   

[Hueristic]

Pentarudi/Masterluc newest Update:

"Trade closed: target reached: The target of local short-term triangle is above $11000. Which will trigger break of long term resistance line at around $10000. And this will trigger break of giant long term triangle with target well above all time high. 

This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.

The 10 year bear call is also intriguing ...

Intriguing that Masterluc might be retarded...   I'm giving him the benefit of the doubt.   

I don't wanna dos him but this is his hometown.

[jojo69]

Kraken is by far the best exchange we have.

Fuck Kraken in it's thieving tentacled face.

[Vectra]

Stop shilling turd coin Zilliqa. This is a sacred thread, ain't nobody got time for no penny alt.

I don't shill anything, I couldn't give a less fuck about it as soon as I finish my trade on it. It's same with bitcoin though. Peace

[JimboToronto]

Stop shilling turd coin Zilliqa. This is a sacred thread, ain't nobody got time for no penny alt.

I don't shill anything, I couldn't give a less fuck about it as soon as I finish my trade on it. It's same with bitcoin though. Peace

Just another tarder. 

[JayJuanGee]

Stop shilling turd coin Zilliqa. This is a sacred thread, ain't nobody got time for no penny alt.

I don't shill anything, I couldn't give a less fuck about it as soon as I finish my trade on it. It's same with bitcoin though. Peace

Yes, one of the difficulties that no coiner and even precoiners tend to have is to value their wealth in dollars, while failing and refusing to appreciate that bitcoin may well serve as a decent hedge against the dollar - yet you might never personally profit from that aspect of bitcoin since your tendency is to sell too much too soon.  You might have some problems with impatience.

Just imagine if you had invested around $10 per week into bitcoin from around the time of your forum registration (for about 7 years), you would have received around a 15x return overall, so your total investment of around $3,600 would have been valued more than $60k.  Not too many investments would have done as well as bitcoin over the past 7 years... and there really is no evidence to suggest that investing in bitcoin does not continue to be a decent choice relative to other possible investments.

Sure, you might feel that you are too late, but a lot of folks have said that too over the years, but those who have continually invested into bitcoin over the years have done pretty well for themselves overall, as long as they stuck with some kind of ongoing investing for at least 3 years, and I recommend a minimum of a 4-year investment time horizon, these days.

[infofront]

Pentarudi/Masterluc newest Update:

"Trade closed: target reached: The target of local short-term triangle is above $11000. Which will trigger break of long term resistance line at around $10000. And this will trigger break of giant long term triangle with target well above all time high.

This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.

masterluc's long term calls are worth considering ... bitcoin hasn't had a bull wave longer than ~2 years I don't think (besides the on-going 11 year secular bull), so a 4 year bull run would be something epic and worthy of examining how it might play out.

I think because we are in a time of extreme uncertainty (saecular crisis) a lot of the TA is v. undecided, swinging wildly and could go either way right now. BTC has already shown it can be effected by crisis moves on March 13. But the resolution of the crisis can mean major trends are established on the smallest of actions at this critical juncture in time.

I can imagine a 4 year bull scenario where btc grinds higher being fought all the way by the banksters/institutions using fiat future/derivatives games on CME and Bakkt and so not really blowing off until 2024 around the $300k range of PlanB's S2Fx model top for this cycle.

The 10 year bear call is also intriguing ...

Where is Masterluc posting now, anyway? I see nothing since March on his tradingview page and Telegram. Anyway, it sounds a lot like @davthewave's thesis.

[bitebits]

@JJG
I am totally gambling with my crypto investment. I’m way over invested, if it all goes to $0 I am still a partner in a business & can live comfortably on what that brings in though.

Bitcoin is my honey pot though, I could sell everything now & pull out a lot of fiat but I have bigger dreams, much bigger. It’s all worked out very well so far.

I trust in the process, end of 2021 = fireworks.

Hodling with you LFC:


https://twitter.com/chartsbtc/status/1267830853352087554

[infofront]

Right. Like the peaceful, non-violent protesters who burned the church down.
Also, Source: Washington Post. That might as well have been a DNC press release.

No, that was last night. Note the lack of sun, which happens when it's night.

This was today, different time, and different people. Can you cite any damage being done today at that place at that time by the protesters there this evening?

Should we tear gas and shoot peaceful protesters?

So much for all of your tear gassing and shooting peaceful protestors:

After thousands of false tweets, print stories, and broadcast stories to the contrary, local journalist Neal Augenstein of WTOP reported that a Park Police source said “tear gas was never used — instead smoke canisters were deployed, which don’t have an uncomfortable irritant in them.” Further, the source said the crowd was dispersed because of projectiles being thrown by the “peaceful protesters” at the Park Police and because “peaceful protesters” had climbed on top of a structure in Lafayette Park that had been burned the prior night.

Surprise, surprise.

https://thefederalist.com/2020/06/02/media-falsely-claimed-violent-riots-were-peaceful-and-that-tear-gas-was-used-against-rioters/

[VB1001]

Adam Back: Crisis Will Push BTC to $300K Even Without Institutions

Crypto pioneer Adam Back thinks the current financial situation could propel Bitcoin to $300K — even without Goldman Sachs on board.

https://cointelegraph.com/news/adam-back-crisis-will-push-btc-to-300k-even-without-institutions

[aesma]

Same guy dumping and pumping lol. How much loss would he make if he do that? Buy 5k coins, sell again at same price range.

That's what I'm trying to figure out, but I think he can win thanks to the short squeezes. He buys buys buys until the movement is self-sustaining because of margin calls and shorters capitulating, and starts selling during that last phase. Then sells back the rest.

So he buys coins at say 9500$ average, but sells them at 9800$ average. If it's 10000 coins, that's a 3 million dollars profit (less fees).

[OutOfMemory]

Same guy dumping and pumping lol. How much loss would he make if he do that? Buy 5k coins, sell again at same price range.

That's what I'm trying to figure out, but I think he can win thanks to the short squeezes. He buys buys buys until the movement is self-sustaining because of margin calls and shorters capitulating, and starts selling during that last phase. Then sells back the rest.

So he buys coins at say 9500$ average, but sells them at 9800$ average. If it's 10000 coins, that's a 3 million dollars profit (less fees).

And if dude slowly sells on the way up, he'd make more profit.
So either silly or (also silly) market manipulation, imho.

[Karartma1]

@JJG
I am totally gambling with my crypto investment. I’m way over invested, if it all goes to $0 I am still a partner in a business & can live comfortably on what that brings in though.

Bitcoin is my honey pot though, I could sell everything now & pull out a lot of fiat but I have bigger dreams, much bigger. It’s all worked out very well so far.

I trust in the process, end of 2021 = fireworks.

Same. Either it goes to Mars and I get rich, or it goes to $0 and my life stays the same. YOLO

An accountant friend tried telling me to take some profits. I know that's good advice. However, what am I going to do with non-life changing amounts of money? I can already afford to eat what I want, take vacations, whatever. So, I'll let it all ride.  

I think many of us here are on the same space shuttle. We saw this way before the average joes, we kind of know the protocol better than the 99% and if we saw this right why should we sell at a discount?
My coins are not for sale. Yesterday I said I didn't believe at the 10k top: I was right. I am starting to recognize all the barts around

[serveria.com]

@JJG
I am totally gambling with my crypto investment. I’m way over invested, if it all goes to $0 I am still a partner in a business & can live comfortably on what that brings in though.

Bitcoin is my honey pot though, I could sell everything now & pull out a lot of fiat but I have bigger dreams, much bigger. It’s all worked out very well so far.

I trust in the process, end of 2021 = fireworks.

Same. Either it goes to Mars and I get rich, or it goes to $0 and my life stays the same. YOLO

An accountant friend tried telling me to take some profits. I know that's good advice. However, what am I going to do with non-life changing amounts of money? I can already afford to eat what I want, take vacations, whatever. So, I'll let it all ride.  

I think many of us here are on the same space shuttle. We saw this way before the average joes, we kind of know the protocol better than the 99% and if we saw this right why should we sell at a discount?
My coins are not for sale. Yesterday I said I didn't believe at the 10k top: I was right. I am starting to recognize all the barts around

So a whale manipulator using bullish sentiment for his pump&dump schemes. Move on, there's nothing to see here. 

[ivomm]

Same guy dumping and pumping lol. How much loss would he make if he do that? Buy 5k coins, sell again at same price range.

That's what I'm trying to figure out, but I think he can win thanks to the short squeezes. He buys buys buys until the movement is self-sustaining because of margin calls and shorters capitulating, and starts selling during that last phase. Then sells back the rest.

So he buys coins at say 9500$ average, but sells them at 9800$ average. If it's 10000 coins, that's a 3 million dollars profit (less fees).

This is possible but not likely. He can buy in Bitstamp to raise the price and transfer quickly to Binance where the volume is really high and sell slowly at 10K without moving the price. The more likely scenario is this:
He buys, say 1000BTC, at Bitstamp while placing an even larger long position on Bitmex with some high leverage. On the next day he sells at Bitstamp while having a large short leverage position at Bitmex. Since Bitmex is unregulated he can manipulate the market until he's alive with no fear of being banned or sued. Unlike US derivative exchanges where CFTC investigates such manipulations and the criminals are put in jail. Moreover, the thing is that CFTC suspects the owners of Bitmex to do regularly these manipulations against their clients. But of course CFTC has no jurisdiction unless some USA citizens or institutions are involved. That's why it's been told many times here that without this cancer derivate exchange (and probably many other largely unregulated asian exchanges where KYC is a formality) Bitcoin price should have been much higher. The price should be above 100K by the end of 2021 but with such manipulations I'm not so sure it will be (much) above 20K by then. Again, until Bitmex cancer is cured, such 'crashes' like yesterday's or 12th March will appear from time to time. The cure is a strong bull market like in 2017 which may happen in 2021 but it may also be delayed to 2022 or even later. That's why it is a good thing to be mentally prepared to hold 3-4 years until the clouds are cleared. I am even determined to hold >10 years if needed to fulfil my selling plan. (And I believe by then I will not actually 'sell' for fiat but rather be able to buy real estate and everything directly with BTC.)