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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382406 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Torque
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January 27, 2021, 06:33:07 PM

However, I think there might be legitimate reasons for limiting margin (leveraged) trading: if the shorters are insolvent, a massive liquidation might leave some longers holding the bag, and would sure as hell hurt the broker.

Well then if that were the case, they should close the trade and liquidate everyone asap. Why allow trading to continue?

Don't answer that, I know why. It would expose all the re-hypothecation and phantom sharing going on.

The world will someday understand why tens of thousands of legit small cap value stocks are getting constantly getting squashed, while just a few favored growth stocks get pumped to the moon.

There is an agenda behind it. How else do you funnel newly printed money where you want it to go?  Wink
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d_eddie
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January 27, 2021, 06:36:08 PM

However, I think there might be legitimate reasons for limiting margin (leveraged) trading: if the shorters are insolvent, a massive liquidation might leave some longers holding the bag, and would sure as hell hurt the broker.

Well then if that were the case, they should close the trade and liquidate everyone asap. While allow trading to continue?

Legit justification (not implying it's the truth):

<devils_advocate>
"What if things get back to normal, the shorters answer the margin call or the stock goes back down blah blah blah? We were just hoping for the best. Markets rational, traders solvent blah blah!"

</devils_advocate>

Quote
Don't answer that, I know why. It would expose all the re-hypothecation and phantom sharing going on.

 Wink quite likely.
However, there is outstanding proof of re-hypothecation already, as the GME shorts were something like 140% of market cap! What remains to be ascertained is where, which stocks got rehypothecated. Someone must be made into an example.

Imagine shuch a shitshow happening with corn... it would likely last less and be much more violent.

Learn your lessons, naked shorters.
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January 27, 2021, 06:38:26 PM

BTW1, who sold the bottom?  Grin

BTW2, British SARS-CoV-2 variant now in 70 countries available according WHO.int  Grin
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January 27, 2021, 06:42:59 PM
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BTW1, who sold the bottom?  Grin

BTW2, British SARS-CoV-2 variant now in 70 countries available according WHO.int  Grin

A glorious new start for British exports!
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January 27, 2021, 06:45:07 PM

R we just double bottoming at resistance $29.5k?

BTW1, who sold the bottom?  Grin

BTW2, British SARS-CoV-2 variant now in 70 countries available according WHO.int  Grin

A glorious new start for British exports!

The BritChain Genesis?
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January 27, 2021, 06:49:50 PM

these suckers tries again! resistance is strong!  Roll Eyes
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January 27, 2021, 06:52:24 PM

Support just under 30k is holding fast. It must be that Saylor guy with a bag full of greenbacks waiting for them suckers on the 30k line  Cheesy
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January 27, 2021, 06:58:03 PM


Whatever point you are making seems like a muddled mess to me.  Who gives any shits what you said or may have said in 2018.. but what you are saying now, seems quite muddled.
 Cry Cry Cry

I wasn't talking about me... See the little quotes in the beginning of the thing, what I wrote? That's the stuff, which was written here in the WO Thread. The same stuff is mentioned yet.
And the future will tell, if that's the same stuff from the beginning of the 2018. (all good, no worries, bla bla) Or if we are now, as you say in another situation.
But it's okay, to compare these 2 times, because after a massive gain of value (End of 2017) we go down again (like beginning of 2018).

But don't worry about me. I buy the fucking dip. And bought on 3k and bought on 7k and bought on 9k all in 2020. And bought and bought and bought. All the time. Except in 2018 (hehehe...) I sold a little amout to buy a new car for my dad. I know, not the best time to sell :/ But a promise is a promise!

And you are right, you have to prepare all the year long. Buy, if you can, always a little more. (always on dips!).

But again, you have to understand, why people made this comaprisons. Same timeframe, same pattern (shortsighted) And I am very bullish to finally get some property in the end of the year. (as I mentioned, I am to impatient... Wink )
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January 27, 2021, 07:00:39 PM

Support just under 30k is holding fast. It must be that Saylor guy with a bag full of greenbacks waiting for them suckers on the 30k line  Cheesy

maybe he has to delivery to the buyer call options which are OTM if they expire on Friday?
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January 27, 2021, 07:02:40 PM

Bought this double dip twice. First one on rebound, second one closely around the obvious bottom (support level).  Cool
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January 27, 2021, 07:04:19 PM

Saylor filling bags of physical btc and writing calls? He must be smarter than that.
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January 27, 2021, 07:42:17 PM


Whatever point you are making seems like a muddled mess to me.  Who gives any shits what you said or may have said in 2018.. but what you are saying now, seems quite muddled.
 Cry Cry Cry

I wasn't talking about me... See the little quotes in the beginning of the thing, what I wrote? That's the stuff, which was written here in the WO Thread. The same stuff is mentioned yet.

Yes.... I already understood that, and it is hardly worth a comment.

Who gives any shits what posters in this thread said or may have said?

It hardly matters.

This is a place to share ideas, and each person has to come to their own investment decisions and strategies.  Sure they can get some ideas from other people in this thread and even share their own ideas.... which is what we have been doing here since 2018 and even earlier than that.


And the future will tell, if that's the same stuff from the beginning of the 2018. (all good, no worries, bla bla) Or if we are now, as you say in another situation.

There are very convincing and solid BTC price prediction models in existence including stock to flow, 4 year fractal and exponential s-curve adoption based on metcalfe principles and networking effects.  You can  give them whatever weight you like or come up with your own models, but seems to me that you are deviating from such models with your doom and gloom nonsense and trying to suggest there is some kind of negative issue (or pattern) in what folks were saying here in 2018 or to give any kind of credit to what appears to be a goofball, namely Alexander_Z.

But it's okay, to compare these 2 times, because after a massive gain of value (End of 2017) we go down again (like beginning of 2018).

Yeah of course, it is o.k. to compare the two times and have pretty decent chances of being wrong.

But don't worry about me. I buy the fucking dip. And bought on 3k and bought on 7k and bought on 9k all in 2020.

That's good that you are buying the dip....    Not that I was worried about you... we are sharing ideas, so whatever my responses are not just about you.. but responding to some of the seemingly vague doom and gloom, quasi-misleading and seemingly FUD spreading quality ideas that you had shared.

And bought and bought and bought. All the time. Except in 2018 (hehehe...) I sold a little amout to buy a new car for my dad. I know, not the best time to sell :/ But a promise is a promise!

Good that your system is working out for you.

And you are right, you have to prepare all the year long. Buy, if you can, always a little more. (always on dips!).

The situations of people are going to vary.. there are not too many people who might get rich off of bitcoin in just one cycle, and some people might take 3-4 cycles before they really start to feel rich or they start to feel that they can slow down on the accumulation phase of making sur that they have enough bitcoin.

I am mot really super surprised by any of the length of time matters, especially when it may have taken 30 - 40 years to get rich in traditional ways of investing and sometimes those traditional ways may not have led to success.. but there can be considerable probability that bitcoin might well allow for a cutting down on those kinds of timelines, maybe even cutting the time line in half or even lower than cutting it in half, perhaps.

But again, you have to understand, why people made this comaprisons. Same timeframe, same pattern (shortsighted) And I am very bullish to finally get some property in the end of the year. (as I mentioned, I am to impatient... Wink )

Seems like a bad comparison to me, so I wonder what benefits to continue to go on about nonsense comparisons that do not seem to fit this current situation, and likely there are real low ass chances of fitting, something like less than 5%, so it seems to just be a BIG ASS stupid and inappropriate comparison... at least in my thinking.
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January 27, 2021, 07:43:24 PM

Having too much fun being utterly degenerate longing $GME and $AMC. Be back next week.

new hobby?

gotta admit, the lulz are worth the price of admission.
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January 27, 2021, 08:08:57 PM
Merited by vapourminer (1)

Meanwhile, on Reddit...

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January 27, 2021, 08:09:54 PM
Merited by vapourminer (2), Gyrsur (1), 600watt (1), arcmetal (1)

What's up guys. I've been away for a few days, travelling.

Let me try to summarize what I've missed for the past few days

* McGregor lost
* Swan != goose
* More CSW bullshit
* RIP r0ach
* Pump for ants
* Have fun staying poor #HFSP
* Bob making plans for his new ranch
* Corporate slavery
* GameStop shenanigans

Speaking of corporate slavery. I spent almost a decade working as an engineer at a pretty big manufacturing company. The first few years were OK, but it went downhill ever since we got bought up by a large global corporation with 100,000+ employees. More meetings, new HR bullshit policies (random drug tests etc) and what not. I got seriously depressed towards the end. In 2016 I had enough and I finally handed in my resignation letter. Not that was rich enough to retire or anything, but I had saved up enough to take a few years off to plan my next move. Then the epic 2017 bull run happen and the rest is history.

I no longer have to watch my shoulder at work for not doing my job.
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January 27, 2021, 08:19:08 PM

Bought this double dip twice. First one on rebound, second one closely around the obvious bottom (support level).  Cool

The price action of BTC is very boring. Though Bulls are defending 30K area of support which is very important to keep Bullish bias alive but if they fail then next support is 27K which I hope will not happen and Bulls will push up price to 35K after breaking out Descending Triangle.



https://www.tradingview.com/chart/BTCUSDT/5e81zFgM-BTC-USDT-Strong-Trendline-Resistance/
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January 27, 2021, 08:24:32 PM

Saylor filling bags of physical btc and writing calls? He must be smarter than that.

I told crap. OTM call options will expire worthless. nobody will execute them.  Roll Eyes

but how about this story?

1.) at the peak of a mini bubble sell call options OTM
2.) with the options premium short the underlying asset through futures
3.) buy the underlying asset back at lower price with the gains of the futures
4.) profit!!!
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January 27, 2021, 08:27:58 PM

Bought this double dip twice. First one on rebound, second one closely around the obvious bottom (support level).  Cool

The price action of BTC is very boring. Though Bulls are defending 30K area of support which is very important to keep Bullish bias alive but if they fail then next support is 27K which I hope will not happen and Bulls will push up price to 35K after breaking out Descending Triangle.



https://www.tradingview.com/chart/BTCUSDT/5e81zFgM-BTC-USDT-Strong-Trendline-Resistance/

Looks like a "Rule of Five" event to me. One more touching the upper bound, bouce off resistance to new heights.
Could also trail the CME close on 29th of feb jan.
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January 27, 2021, 08:48:27 PM

Bought this double dip twice. First one on rebound, second one closely around the obvious bottom (support level).  Cool

The price action of BTC is very boring. Though Bulls are defending 30K area of support which is very important to keep Bullish bias alive but if they fail then next support is 27K which I hope will not happen and Bulls will push up price to 35K after breaking out Descending Triangle.



https://www.tradingview.com/chart/BTCUSDT/5e81zFgM-BTC-USDT-Strong-Trendline-Resistance/

Looks like a "Rule of Five" event to me. One more touching the upper bound, bouce off resistance to new heights.
Could also trail the CME close on 29th of feb jan.

Sir, You mean CME gap at $24,000 that is yet to filled?
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January 27, 2021, 08:57:30 PM

This is mass adoption!
To the moon



Somewhere in Brazil.
translated from portuguese:
Quote
We accept cryptocurrencies:
Bitcoin
Tron
Ethereum
XPCoin (soon)(probably A local ponzi)

Meat
Fish
Chicken
Mocoto (calf's foot jelly)
minced meat
buchada (typical low cost brazilian food)

water
gas
coal
ice
eggs
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