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Question: What happens first:
New ATH - 42 (70%)
<$60,000 - 18 (30%)
Total Voters: 60

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26355884 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.)
El duderino_
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April 18, 2021, 08:00:25 AM
Merited by JayJuanGee (1)



https://twitter.com/documentingbtc/status/1383502343304404995?s=21

Mindrust wouldn’t mind the banning, he ain’t searching it to much anymore I guess
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1713289535
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Reply with quote  #2

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fillippone
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April 18, 2021, 08:24:58 AM
Last edit: May 16, 2023, 12:05:00 AM by fillippone

Yes, liquidations amplified the movement, but what caused that in the first place?
I am thinking about a possibility (I posted something on the Italian board, if you want to peek), but I am a poor guy who cannot afford a Glassnode subscription:




birr
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April 18, 2021, 08:25:54 AM

rumour has it Bob just bought Texas

Not yet. Working on it. I'm fairly certain that between, Elwar, myself, and a bunch of other degens on Twitter, we could probably scrounge up enough BTC to take Texas off the USA's hands...
SECEDE!
Oh wait, they did that 160 years ago...
bitcoinPsycho
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April 18, 2021, 09:03:34 AM

Got me some dip

Karartma1
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April 18, 2021, 09:08:34 AM

It looks like mining and such is back to normal. Time to buying the chinese dip again.
happy buying fellas.
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April 18, 2021, 09:18:43 AM

rdbase
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April 18, 2021, 10:26:00 AM

It looks like mining and such is back to normal. Time to buying the chinese dip again.
happy buying fellas.
Back to normal?
In what sense: Chinese still banning mining or those who are mining BTC are back to selling their newly minted coins?

This was a surprise to wake up to see the price dip violently down nearly $12k some 6 hours ago.
What the FUD can do on a supposedly peaceful sunday morning while the money markets are sleeping is beyond me sometimes. Embarrassed
vapourminer
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what is this "brake pedal" you speak of?


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April 18, 2021, 10:28:05 AM
Merited by BobLawblaw (4)

Poor.

Again.

yeah.

gonna get a 3x5 card and stick it to the monitor.  write "poor" on one side and "rich" on the other. just flip it accordingly. or maybe just randomly.
vapourminer
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what is this "brake pedal" you speak of?


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April 18, 2021, 10:36:02 AM



Needs an extra frame with pitchforks and torches $5 wrenches appearing in their hands.

ftfy

well melee weapons (wrenches) from the low ground against someone (likely with ranged weapons) on the high ground in a fortified structure traditionally hasnt gone over so well in history. gives that "i fart in your general direction" vibe.

i picture the battle of Helms Deep from LotR in my head for some reason.

of course im hoping civilization doesnt turn Mad Max so..
shahzadafzal
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April 18, 2021, 10:43:48 AM
Merited by BobLawblaw (4), vapourminer (2), philipma1957 (1)

Poor.

Again.

yeah.

gonna get a 3x5 card and stick it to the monitor.  write "poor" on one side and "rich" on the other. just flip it accordingly. or maybe just randomly.


strawbs
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April 18, 2021, 10:46:24 AM
Merited by JimboToronto (1)

A dip for big ants.
Oh no, are we poor again?
Nope. Corn is still corn.

#haiku Sunday
vapourminer
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what is this "brake pedal" you speak of?


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April 18, 2021, 10:54:47 AM

Poor.

Again.

yeah.

gonna get a 3x5 card and stick it to the monitor.  write "poor" on one side and "rich" on the other. just flip it accordingly. or maybe just randomly.

ouch, just checked the price ~$6k USD drop like overnight. maybe i should just write "poor" on both sides
vapourminer
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what is this "brake pedal" you speak of?


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April 18, 2021, 11:03:54 AM
Merited by BobLawblaw (2)

rumour has it Bob just bought Texas

Not yet. Working on it. I'm fairly certain that between, Elwar, myself, and a bunch of other degens on Twitter, we could probably scrounge up enough BTC to take Texas off the USA's hands...

"King Bob!"

https://www.youtube.com/watch?v=TjAg-8qqR3g
AlcoHoDL
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April 18, 2021, 11:09:36 AM
Merited by BobLawblaw (4)

Guys ('n' gal), its all OK, if you were "fuck you" rich @ $63k, you're still "fuck you" rich @ $55k. And if you weren't, you still aren't.

All is fine. Just HoDL. Works every time.
shahzadafzal
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April 18, 2021, 11:09:59 AM

Who else having ramen noodles in lunch today?
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April 18, 2021, 11:11:43 AM
Merited by bitcoinPsycho (1)

$4.86 billion worth of BTC positions got liquidated over the past 12 hours, and $9.12 billion if you look at all markets. That must be a new record.

https://www.bybt.com/LiquidationData

I see now why some nasty bastards offered millions to buy twitter account with many followers. This was a planned attack and the n00b traders fell for it. Of course the news is fake and the market will recover quickly next week. Now the obstacles for a full-blown bull run above 100K are removed. No more high leverage longs, no more weak hands squeezing each pump. The bulls should be preparing now!
LoyceV
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April 18, 2021, 11:18:11 AM
Merited by JayJuanGee (1)

Guys ('n' gal), its all OK, if you were "fuck you" rich @ $63k, you're still "fuck you" rich @ $55k. And if you weren't, you still aren't.
What if I need @ $150k to be "fuck you" rich? I'm now as poor as I've been in all but 38 days of my life
AlcoHoDL
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April 18, 2021, 11:33:14 AM

Guys ('n' gal), its all OK, if you were "fuck you" rich @ $63k, you're still "fuck you" rich @ $55k. And if you weren't, you still aren't.
What if I need @ $150k to be "fuck you" rich? I'm now as poor as I've been in all but 38 days of my life

Exactly!

No big deal IMHO. Just wait it out.
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April 18, 2021, 11:44:30 AM

Krubster
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April 18, 2021, 11:58:55 AM

$4.86 billion worth of BTC positions got liquidated over the past 12 hours, and $9.12 billion if you look at all markets. That must be a new record.

https://www.bybt.com/LiquidationData

I see now why some nasty bastards offered millions to buy twitter account with many followers. This was a planned attack and the n00b traders fell for it. Of course the news is fake and the market will recover quickly next week. Now the obstacles for a full-blown bull run above 100K are removed. No more high leverage longs, no more weak hands squeezing each pump. The bulls should be preparing now!

Following the link quoted above, you can read
Quote
The largest single liquidation order happened on Binance-BTC value $68.73M

Ouch, that's brutal.
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