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

[JimboToronto]

Damn, I was really planning to spend my bags on coke and guns. You mean, there's legal opportunities using Bitcoin?

No CP? That's the #1 use case for that crim token.

Don't forget terrorism.

[1715512519]

1715512519

[1715512519]

1715512519

[1715512519]

1715512519

[1715512519]

1715512519

[Dabs]

My meme stock isn't "worthless" yet. Soon we will have more reliable short interest data (old, but real - not estimates). Until HFs are out of the pit, the squeeze can still be squoze.

BTW, no big dip today ATM, it's holding its ground just fine. Oh, it may be just a coincidence that the NYSE had to stop shorting at prices under the current best bid? It's automatic after a stock has a daily drop larger than 10%.

Its funny how prices move "after market". .... still hodling... waiting for squoze.

[Karartma1]

I miss proudhon's math and science revelations.

[OutOfMemory]

My meme stock isn't "worthless" yet. Soon we will have more reliable short interest data (old, but real - not estimates). Until HFs are out of the pit, the squeeze can still be squoze.

BTW, no big dip today ATM, it's holding its ground just fine. Oh, it may be just a coincidence that the NYSE had to stop shorting at prices under the current best bid? It's automatic after a stock has a daily drop larger than 10%.

Its funny how prices move "after market". .... still hodling... waiting for squoze.

After- and pre- hours should be forbidden. Still, the unfair aspects of stonk investing drive quite some people to Bitcoin (and crypto), where trading is 24/7, for all participants.

EDIT: FYI, on Feb 9th the GME short interest figures will be updated for 2021/02/01. I'm curious if the hedgefunds really had covered their shorts by that date, as the MSM announced on the weekend.

EDIT2: But even if they got out, i will keep holding. I'll ride this horse until it drops dead. Yee-Ha!!! (Yes, you can call me "retard", IDC)  

EDIT3: Also, FYI:

the situation (2/3 9:30 AM ET):

    short interest:

    26.39m (51.72% of float) by S3 Shortsight (2/2), 27.14m (53.18% of float) by Ortex (2/2)
    short share public availability:

    0 (Interactive Brokers)
    short share public borrow rate:

    19.67% (Ortex)
    Shorts have stopped exiting their positions and are maintaining a level of short interest of about 50% of float.
    how often is this site updated? As often as the data is updated. Typically this is daily, before market open.
    is the squeeze ever going to be squoze? possibly. short interest is still high, but it'll take some sort of catalyst: without one, at this point it's more likely short repurchasing continues as a gradual upward pressure, rather than a sudden mass event that causes the price to explode.
    one feature worth looking at is the unusual level of failures to deliver GME stock, compiled from SEC data at (wherearetheshares.com). Michael Burry reported a delay of weeks recalling his shares that had been lent out to shorts. It's definitely odd.

https://isthesqueezesquoze.com/

[d_eddie]

I miss proudhon's math and science revelations.

It isn't time yet. Should we dip to the high 20's, I'm sure he will explain why we are doomed and need to get out ASAP.

[serveria.com]

I miss proudhon's math and science revelations.

Wait we need to break $100k to summon him 

[d_eddie]

EDIT: FYI, on Feb 9th the GME short interest figures will be updated for 2021/02/01. I'm curious if the hedgefunds
really had covered their shorts by that date, as the MSM announced on the weekend.

Exactly. And probably on Feb 17 (19?) there's one more technical deadline that resets the cycle of synthetic long wash trading between conniving shorters, starting a new one. A reckoning of sorts.

the situation (2/3 9:30 AM ET):

    short interest:

    26.39m (51.72% of float) by S3 Shortsight (2/2), 27.14m (53.18% of float) by Ortex (2/2)
    short share public availability:

    0 (Interactive Brokers)
    short share public borrow rate:

    19.67% (Ortex)
    Shorts have stopped exiting their positions and are maintaining a level of short interest of about 50% of float.

An important fact: just this weekend, this site changed its own accounting rules for short interest. It used to be

SI = shorts/float

and it was > 100%, as we know. Now it is

SI = shorts/(shorts+float)

which obviously can NEVER go above 100%. An independent estimate (which I'm not able to link because I didn't bookmark it) says that we are around SI = 120%. There are different estimates ranging from ~50% (absolute minimum) up.

https://isthesqueezesquoze.com/

EDIT2: But even if they got out, i will keep holding. I'll ride this horse until it drops dead. Yee-Ha!!! (Yes, you can call me "retard", IDC)  

The folks on WSB call this "weaponized autism". I love that  

I am holding too. I've been a bitcoiner for some time already, and these self-appointed "diamond hands" are no match for true hodlers.

[OutOfMemory]

I am holding too. I've been a bitcoiner for some time already, and these self-appointed "diamond hands" are no match for true hodlers.

I even tried to post an according statement on their Reddit.
It failed, because everything crypto gets auto-deleted by mod-bots there.
IDC, we all know what real diamond hands are, because we grew them.
#mindrustnotaffected 

[d_eddie]

I am holding too. I've been a bitcoiner for some time already, and these self-appointed "diamond hands" are no match for true hodlers.

I even tried to post an according statement on their Reddit.
It failed, because everything crypto gets auto-deleted by mod-bots there.
IDC, we all know what real diamond hands are, because we grew them.
#mindrustnotaffected 

I haven't been able to post at all there. Maybe I fail to satisfy some prerequisite, can't be bothered to check actually.

I wanted to point out the fact that when the "short ladder" attack is impossible (shorts under bid are blocked today), the price stays put or drifts a little up. I think we must give it some time. The shorters may have bought some $800 puts to limit damages, but they're still bleeding ~15+% interest on their shorts.

[Sayeds56]

I give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH.

Perfectly working chain of “metal” blocks

[JayJuanGee]

BTC is facing tough resistance around 37K.

Yeah right...  

Define tough.

Sounds like you are pulling a random number out of your ass... just that we happen to be here.

Torque... lecture this guy about the meaning of random numbers....  


 

According to my 4h lines, BTC should be bouncing up to around $38k soon.
So it is likely to tank a bit more *lol*

Funny! My 4h lines say... sideways for 6 months.

Sideways in 4h, like ranging between $35k-$37k?

What's the likelihood of the nonsenses that you two speak?  Perhaps less than 15%...

why talk about such unlikelihoods as if they were going to happen.. merely because you wish them to happen?

I am on a roll.. on a roll...

Don't stop me now...

 

I would have merited.. but no link is showing...

 

https://twitter.com/ICOffender/status/1308669800286220288

plays in endless loop during my writing!  

we broke the important line in USD yesterday (UTC) and in EUR today (UTC). stay tuned and be patient!!111

In Udder wurds:

We be going UPpity.

Why don't you provide us a bit more of your bitcoin related backstory, Tweak25.. without so much ambiguity?

By the way, we are not puzzle solvers, here... as you likely realize.

 

Come on! who forgot about the 32 btc puzzle? That was exciting, in fact everything cryptic and mysterious has a place here and there are many puzzle solvers here than what you'd like to believe.

Yeah.. but if you are not posting very much in this thread.. don't you believe that some kind of backstory or something is preferred?

Sure, we have some amorphous folks who still become quite popular through the years of posting amorphously... but still...   take friends1980.. for example.. who came into the thread by saying that he was going to read the whole thread... but at least he had a hook, even if he made little to no progress in that direction, as far as we can see.

[Wekkel]

https://i.imgur.com/r6mMswK.png

That's why you don't tell the wife 

[serveria.com]

I smell new ATH... 

Banksy Assails the Wickedness of Wall Street



Love Banksy he's a genius! #nohomo 

[serveria.com]

70 percent of Americans have less than $1,000 stashed away, according to GOBankingRates' 2019 savings survey. The poll, released December 16, revealed 45 percent have nothing saved.

This is actually shocking... I'm not sure if BTC can help them at this point... 

[serveria.com]

https://i.imgur.com/r6mMswK.png

That's why you don't tell the wife 

Why so? You don't respect your wife? I told my wife all the truth about that boating accident... 

[serveria.com]

Meanwhile, somewhere on Planet Anus:



P.S. I know I'm going to hell for this 

[Elwar]

70 percent of Americans have less than $1,000 stashed away, according to GOBankingRates' 2019 savings survey. The poll, released December 16, revealed 45 percent have nothing saved.

This is actually shocking... I'm not sure if BTC can help them at this point... 

The poll likely shows that a large percentage has a lot of debt.

[serveria.com]

This pump is gaining momentum.. 

[El duderino_]

I miss proudhon's math and science revelations.

its all math

[El duderino_]

https://twitter.com/100trillionUSD/status/1356986769250668546?s=20

Gogogogogogo