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

[rdbase]

Not looking great
Was Musk the manipulator all along?

Seems like he is at this point.

I posted some scenarios about what I thought might happen the last time I was on the forums:

I am pretty certain this all was just an attempt to thwart the main goal of cryptocurrency so to gain more customers for his companies.
In several ways:
1. Appear on a national syndicate television show and say something to garner an audience world-wide and have a play on words so to leave speculation for what everybody was expecting to happen but it didn't.
2. Once he had everyone's focus say something else which will leave a bad taste in those investors mouth.
3. Tweet out that using a certain cryptocurrency is bad for the environment but I am here to fix that with said other crytpocurrency he garnered speculation on.
4. Present his solution that the company in which he owns will be providing clean energy to those who are using the cryptocurrency which is bad for the environment.
5. Gather more attention to said company and tells of the first cryptocurrency will be paying for his second company's journey into space.

Seems like he had it all thought out and is just setting his plan in motion.
One step at a time.

https://bitcointalk.org/index.php?topic=5336007.msg57014563#msg57014563

This was prior to the tweet heard around the crypto world roughly 7 hours ago in response to Mr.Whale causing this mass hysteria.

[somac.]

Not looking great
Was Musk the manipulator all along?

Seems like he is at this point.

I posted some scenarios about what I thought might happen the last time I was on the forums:

I am pretty certain this all was just an attempt to thwart the main goal of cryptocurrency so to gain more customers for his companies.
In several ways:
1. Appear on a national syndicate television show and say something to garner an audience world-wide and have a play on words so to leave speculation for what everybody was expecting to happen but it didn't.
2. Once he had everyone's focus say something else which will leave a bad taste in those investors mouth.
3. Tweet out that using a certain cryptocurrency is bad for the environment but I am here to fix that with said other crytpocurrency he garnered speculation on.
4. Present his solution that the company in which he owns will be providing clean energy to those who are using the cryptocurrency which is bad for the environment.
5. Gather more attention to said company and tells of the first cryptocurrency will be paying for his second company's journey into space.

Seems like he had it all thought out and is just setting his plan in motion.
One step at a time.

https://bitcointalk.org/index.php?topic=5336007.msg57014563#msg57014563

This was prior to the tweet heard around the crypto world roughly 7 hours ago in response to Mr.Whale causing this mass hysteria.

If this is the case he just shot his load, because the order book is not following it.

At least not yet.

[Richy_T]

Exactly what I was just looking at

see https://data.bitcoinity.org/markets/books/USD

good time for chart buddy's return I might add

Your post prompted me to do it.

Unfortunately, I don't know if ChartBuddy will be able to come back. When I was logging in for that, I was reminded that there is an anti-bot Captcha on login. I  can't see any easy way around that.

[somac.]

Exactly what I was just looking at

see https://data.bitcoinity.org/markets/books/USD

good time for chart buddy's return I might add

Your post prompted me to do it.

Unfortunately, I don't know if ChartBuddy will be able to come back. When I was logging in for that, I was reminded that there is an anti-bot Captcha on login. I  can't see any easy way around that.

Well, if that's the case maybe just bring it out for times like these.

Also, what exchanges have you included in that?

[Richy_T]

Well, if that's the case maybe just bring it out for times like these.

Also, what exchanges have you included in that?

That's just Bitstamp. I'm still gathering data on finex and gdax but will probably just stick with bitstamp.

I'm thinking of putting chartbuddy on twitter (or similar service). People would then be able to post in here as needed. It was a plan for a while. He was on bitco.in for a while but people got fussy and now it's not for BTC anymore really. Twitter would just be more generally available. Unfortunately somebody already grabbed the chartbuddy handle.

[somac.]

Well, if that's the case maybe just bring it out for times like these.

Also, what exchanges have you included in that?

That's just Bitstamp. I'm still gathering data on finex and gdax but will probably just stick with bitstamp.

I'm thinking of putting chartbuddy on twitter (or similar service). People would then be able to post in here as needed. It was a plan for a while. He was on bitco.in for a while but people got fussy and now it's not for BTC anymore really. Twitter would just be more generally available. Unfortunately somebody already grabbed the chartbuddy handle.

Fair enough. I feel bitstamp is the only genuine orderbook anyway, same as most of us here feel, I'm sure.

[Richy_T]

Fair enough. I feel bitstamp is the only genuine orderbook anyway, as most of us feel here I'm sure.

I know coinbase isn't well liked around here but I'm more not including them mostly because you can choose to get enough data about the order book to fill up your HD quickly or hardly any at all. Finex seems to be less unpopular here than I feel about them but I think one is enough for now anyway.

[Richy_T]

Asks starting to fill up a bit

I think some really interesting data could be gathered from analyzing the book like especially whether walls are being bought or moved. Probably some inferences could be made about the players too.

[somac.]

Fair enough. I feel bitstamp is the only genuine orderbook anyway, as most of us feel here I'm sure.

I know coinbase isn't well liked around here but I'm more not including them mostly because you can choose to get enough data about the order book to fill up your HD quickly or hardly any at all. Finex seems to be less unpopular here than I feel about them but I think one is enough for now anyway.

Problem with coinbase here is not the exchange itself, but more the person running it, nobody here wants to support if for that reason. I also don't think anyone here views bitfinex with high regard honestly.

For me, I would trust coinbase's orderbook over bitfinex. I think many would. But, keeping it on bitstamp make sense for stated reasons.

[somac.]

Asks starting to fill up a bit

I think some really interesting data could be gathered from analyzing the book like especially whether walls are being bought or moved. Probably some inferences could be made about the players too.

I think you're right.

Edit: we're getting some large differences between exchanges in price. $500 at one point between finex and stamp

[El duderino_]

[El duderino_]

[El duderino_]

Same imho .....

[ChartBuddy]

OK, hour's not up but I'm getting off of here so...

[rdbase]

Seriously this guy needs to stop tweeting



Can we close his twitter account if people start reporting.

Well if he did come out and straight out say "Yes! Tesla did sell all of the bitcoin they bought just a mere month ago."
Then the feds would come knocking on his door for the same thing Martha Stewart went to jail for..
Insider trading: To raise a stock up or down fully knowing their influence can sway the markets of a particular commodity.

They will be buying up on the dip if it goes below $30k for sure.

To close his twitter account he would need to pull a Trump-esque type coup at American corporate level to do that.

[Richy_T]

Same imho .....

Yep, all those people who were saying 60k was too expensive... where are you?

[philipma1957]

Seriously this guy needs to stop tweeting



Can we close his twitter account if people start reporting.

Well if he did come out and straight out say "Yes! Tesla did sell all of the bitcoin they bought just a mere month ago."
Then the feds would come knocking on his door for the same thing Martha Stewart went to jail for..
Insider trading: To raise their stock up or down fully knowing their influence can sway the markets of a particular commodity.

They will be buying up on the dip if it goes below $30k for sure.

To close his twitter account he would need to pull a Trump-esque type coup at American corporate level to do that.

why ? Martha Stewart was a licensed broker with inside info in a regulated stock exchange that she was licensed to broker trades.

Musk does not own a crypto exchange.

I don’t see the crime that Martha Stewart did.

Btw if I had my way I rather he be jailed then her.

As his actions have hurt a lot of people and her actions did not.

[El duderino_]

Same imho .....

Yep, all those people who were saying 60k was too expensive... where are you?

Those never are the buyers.... near ATH’s always to expensive, 30-50% from ATH it’s broken.... for them nocoiners...

Non believers always have there excuse for not buying, good we don’t need them and they will only buy at the real TOP’s....

My hands are strong and will remain strong ...

Btw same for a lot of people, we know this DIP was coming so when it’s there we better not complain to much just wait for the recovery do some DCA along the way and look in the brighter long term road ahead of us, it’s just another day in BTC.

Nothing is only sunshine, sometimes it does rain, where is that meme with raining red bars and one person holding a green one, appropriate time for posting it ...

[El duderino_]

Back In HODLsleep for a few more ...

[DaRude]

This probably provides some evidence to the doubters that we are NOT quite ready for a supercycle.. but hey.. maybe some peeps are thinking that there will be, and I doubt that the world works like that and I doubt that status quo institutions are just going to roll over without at least a certain amount of fight both with financial tools if they can do that and with information wars too, if they can maintain some amount of credibility in propagating ideas that put bitcoin into doubt, at least to those who are less familiar with what really causes bitcoin to tick, and even some of us longer term bitcoiners will sometimes have our doubts, too... but hopefully we neither panic nor sell too much of our stash too soon because of our sometimes over receptivities to whatever new talking points are getting put out into the social media or wherever else such information is being propagated.

I think the institutional interest is enough to kick off the "supercycle".

I wish there was a way to know how many CFOs got a text from their board members this weekend about how Elon is doing them all such a big favor.  I imagine the OTC desks are going bonkers tomorrow.  in fact I imagine VIP customers are making deals tonight. The market may have already swallowed up the 19k TSLA sold, assuming I am right about this.  It will go down as a great short term move, but shortsighted.

I suppose I am a hopeless bull.  I just have a hard time seeing this pulback not getting snapped off pretty quickly.

CFO? Oh you mean "Master of Coin" must be awkward for him now https://www.bloomberg.com/news/articles/2021-03-15/musk-adds-technoking-of-tesla-title-cfo-is-master-of-coin-kmahgu33