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

[ivomm]

Yeah, bears are in agony right now.   Trying to scare someone between the € ATH and $ ATH? The worst possible  timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.

[samson]

That was unexpected.

Very unexpected

Really? You think that a major shakeout of the over leveraged right around months end just before we go on to make new highs in April is unexpected?

It's overdue if anything.

[Heater]

That was unexpected.

Very unexpected

Totally.
https://twitter.com/woonomic/status/1377095701595742218

[LFC_Bitcoin]

Yeah, bears are in agony right now.   Trying to scare someone between the € ATH and $ ATH? The worst possible  timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.

Such a risky game, why bother risking so much money for such relatively small profit?

Below is not organic selling. It is a whale or group of whales literally flushing the toilet at a particular price to cause a mini crash.



What’s the point? Surely the risk/reward ratio isn’t good enough for such small profit? What if another group or individual whale do what you see on the left of the chart & send the price the other way in a flash pump? The whale ends up losing all the bitcoin sold & has to buy back at a higher price?

This fuckery reminds me of constant barting at Bitmex. Hopefully we attack $60,000 on higher volume soon & wipe out these asshole bearwhales.

[samson]

Yeah, bears are in agony right now.   Trying to scare someone between the € ATH and $ ATH? The worst possible  timing for the bears. But there is another colossal stupidity that amazes me. It is when I see a single sell on some exchange of the kind 0.00002BTC. Some exchanges don't allow such small trades but other apparantly allow them. I really can't imagine what will these "whales" do with all this daily profit (2%), or even worse, what exactly they save by a cut loss of 5% below the last price? I know, bots and evetything, but it seems to me that there are many incredibly stupid (hence poor) people on the major exchanges.

Such a risky game, why bother risking so much money for such relatively small profit?

Below is not organic selling. It is a whale or group of whales literally flushing the toilet at a particular price to cause a mini crash.



What’s the point? Surely the risk/reward ratio isn’t good enough for such small profit? What if another group or individual whale do what you see on the left of the chart & send the price the other way in a flash pump? The whale ends up losing all the bitcoin sold & has to buy back at a higher price?

This fuckery reminds me of constant barting at Bitmex. Hopefully we attack $60,000 on higher volume soon & wipe out these asshole bearwhales.

The point of dumping in 'bear raid formation' is to buy up all the forced liquidations which are of course dumped on the open market, it's a way of buying coins cheaper or even at the current price without large amount of slippage by dumping and rebuying. Risky business without the over leveraged being there - but they know they're there of course.

You can then buy back your initial coins at the lower price after triggering a cascade of stop losses and liquidations.

The only way it will fail is if the sell orders meet a huge unseen / hidden bid wall in which case the whale is in the shit.

[El duderino_]

I watched Tenet a second time as well, it helped.

The movie isn't that difficult, but its brought on a way to make it difficult

[El duderino_]

https://twitter.com/100trillionUSD/status/1376954496396431360?s=20


The Spencer knows

[El duderino_]

[El duderino_]

https://twitter.com/CryptoDaRock/status/1377192749145993216?s=20

[Parazyd]

Let's go!

[shahzadafzal]

Let's go!

Lethal Cobra with Laser Eye... what a perspective...

[aesma]

Hello guys, I took a little BTC vacation but I'm back ! Price has moved but stayed in a (high) range, that's good. I'm bummed out that I had to stop my arbitraging as I need to figure out if it's legal, don't want to end up in j a i l.

About NFTs I'm not totally against the concept, but the applications I've seen so far are totally ridiculous, it's just fan people throwing money at their idols.

[rdbase]

I watched Tenet a second time as well, it helped.

The movie isn't that difficult, but its brought on a way to make it difficult

Watched it once when I first heard about it two or three months ago (think I caught it the first week it was released) and only because people were toting it as the sequel to inception as Nolan was at the helm and had been talking about doing one for years.
After the first viewing I didn't see where they came up with that conclusion.
After watching a couple of reviews of it from youtubers including everyones favorite scottish take on film the critical drinker , I had concluded it is not.
But they did come up with certain things I missed. Such as a character was actually the child at the end who the protagonist saved from getting shot.
Well that put a whole new twist in how one would follow the film after having a second viewing.
And with Nolan films we all know you need to watch it a second time around to wrap your head around what his intentions were to the viewer in the first place.

Anyhow, enough ranting about film that was very confusing to watch upon first viewing..
Going to watch Gozilla vs Kong!
Go away now (had to use the drinker's signature signing off there )

Hello guys, I took a little BTC vacation but I'm back ! Price has moved but stayed in a (high) range, that's good. I'm bummed out that I had to stop my arbitraging as I need to figure out if it's legal, don't want to end up in j a i l.

About NFTs I'm not totally against the concept, but the applications I've seen so far are totally ridiculous, it's just fan people throwing money at their idols.

Welcome back Aesma! A name I remember many moons (ATHs) ago.
Yeah I do see where your coming from with the whole nft thing.
Especially when someone like lindsey lohan can create one and it's going bid is over $30k for a really sh*tty song.
https://www.vulture.com/2021/03/lindsay-lohan-nft-song-lullaby.html

https://twitter.com/CryptoDaRock/status/1377192749145993216?s=20

Well ain't that a running start to a kick in the nuts?

[janggernaut]

Bitcoin falling $2,000

Trader : Oh no, bitcoin falling $2,000. Gotta Cut Loss my investment now.

While on bitcointalk...

WO people : YES!!!!! Time to BUY THE DIPPPP!

[aesma]

BTW are there any women on this forum ? I know that being a woman on internet is difficult but still, there should be more of them I would think.

[BitcoinBunny]

Probably just me but I really don't like Nolan's non Batman movies.

After Tenet I decided to just not bother with his stuff anymore.

[AlcoHoDL]

https://twitter.com/CryptoDaRock/status/1377192749145993216?s=20

Here's the direct link to the full article:

People's Expensive NFTs Keep Vanishing. This Is Why

What a mess... Not the way I imagined NFTs to function—I'm a total NFT newbie, so I can't really have an informed opinion, but based on the very few things I've read so far, it doesn't look so good...

Here's another relevant article:

People Are Stealing Art and Turning It Into NFTs

I don't think this NFT craze (as currently implemented) will end well...

[rdbase]

https://twitter.com/CryptoDaRock/status/1377192749145993216?s=20

Here's the link to the full article:
People's Expensive NFTs Keep Vanishing. This Is Why
What a mess... Not the way I imagined NFTs to function—I'm a total NFT newbie, so I can't really have an informed opinion, but based on the very few things I've read so far, it doesn't look so good...
Here's another relevant article:
People Are Stealing Art and Turning It Into NFTs
I don't think this NFT craze (as currently implemented) will end well...

It is the ICO craze all over again but this time they just want to get a one-shot/one-off without waiting months to get shutdown.

Just look!
It has already begun infiltrating the forums:

NFTs are just like gambling.

But we sure created a great product!
Check us out. And if you believe in the idea, why not hodl a NFT in our wallet.
https://www.weedpunkz.com/

Any feedback would be appreciated.

https://bitcointalk.org/index.php?topic=5327504.0

I think they are at a race too see who can scam more crypto out of people this time around. Happens in three-four year cycles perhaps?
I think bitconnnnneeeecccct was the king of the roost of this one.

[heslo]

Probably just me but I really don't like Nolan's non Batman movies.

After Tenet I decided to just not bother with his stuff anymore.

He's made quite a few bangers in his time; the Batman films and The Prestige being among them. While his newer offerings try to sometimes be too smart for their own good they're still enjoyable in their own right.

[Biodom]

Probably just me but I really don't like Nolan's non Batman movies.

After Tenet I decided to just not bother with his stuff anymore.

Really?
I thought that "Inception" was pretty cool.