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

[Hueristic]

Accidental leak reveals US government has secretly hit Google with 'keyword warrants' to identify ANYONE searching certain names, addresses, and phone numbers

https://www.dailymail.co.uk/news/article-10063665/Government-orders-Google-track-searching-certain-names-addresses-phone-numbers.html

[cygan]

Fix the money

https://twitter.com/LinaSeiche/status/1452730666244771842

[ChartBuddy]

Explanation

[bitcoinPsycho]

Accidental leak reveals US government has secretly hit Google with 'keyword warrants' to identify ANYONE searching certain names, addresses, and phone numbers

https://www.dailymail.co.uk/news/article-10063665/Government-orders-Google-track-searching-certain-names-addresses-phone-numbers.html

The UK government has/are doing this for decades
in telecommunications and from the birth of the internet

Utter bastards

[JayJuanGee]

Actually, another thing that I thought of regarding a kind of gradual scenario is that at some point we have to get suspicious regarding "why isn't there no battle?"  So, even if the battle is not constant, it seems that we should want to see a "battle" every once in a while, just to be able to appreciate that whatever move is happening is real rather than just cooperating whales causing the price moves to happen.. and it gets so much better and exciting when the whales lose control... .. for example I doubt that the bearwhales wanted the price to get above $43k/$46k in early August.. but they likely did not really have a choice.. and I doubt that they wanted the price to get above $53/$55k in early October, and they likely did not have much of a choice at that point, either.. my tentative thinking....

"Are these bearwhales with us in the room right now?"   
Seriously, i think bearwhales (BW) progress, like most other market participants, over time.

To the extent that I believe that I understand what you are saying, I have a wee bit of a quibble with you here OOM.  I believe that I am NOT too heavily into various manipulation theories or desires to blame manipulation on every kind of irregular BTC price move that takes place, but I am neither going to deny manipulation nor down-play the extent to which there are some players in the bitcoin market with superior information and/or way more fire power and not merely because they have studied the market more.  Sure maybe some of them got into their superior positions through a lot of hard work, and others may well just have "insider" information or connections.

On the other hand, I was attempting to explain recently my belief about many more difficulties that exist to manipulate bitcoin prices both in terms of needing to have way more capital or insider position and part of the difficulties come from way more ways to exchange your bitcoin (liquidation avenues) that have been growing through the years. 

For sure some of us may well not be thrilled with some of the recent financial tools that have been introduced into the bitcoin space that allow players can manipulate bitcoin prices without even owning the underlying asset, and surely some of us HOPE that those kinds of manipulators are going to get reckt to fuck based on what can happen with the underlying asset (bitcoin), but sure only time is going to tell how some of these most recent financial instruments are going to be used and whether some folks (perhaps traditional whales) might end up overplaying their hands by using some of those kinds of newly introduced financial instruments (coupled with other possible instruments to attempt to manipulate bitcoin's price DOWNity).

The levels of leverage and increased volumes using it make it easy to make it drop in the BW's favour in sideways moments on low trading volumes. The way down is steeper, chances to trigger a decrease in price enough to pick up the liquidated mess from the ground. This is slowing down bullish momentum and empowering the BW, imo. When retail money is being poured in, they stop the selling to have ammo for the next bear cycle(s). This way, they also profit from steep rises in price, if they are patient enough to ride it out. There's much in the (order)books to evaluate and manage the bear's risk ratio.
Damn goblins! 

We are not always going to know or find out the extent to which some bearwhales might have gotten reckt or were able to recover from whatever mistakes that they had made in betting down when the btc price ends up going up.

[El duderino_]

[ChartBuddy]

Explanation

[lightfoot]

Accidental leak reveals US government has secretly hit Google with 'keyword warrants' to identify ANYONE searching certain names, addresses, and phone numbers

https://www.dailymail.co.uk/news/article-10063665/Government-orders-Google-track-searching-certain-names-addresses-phone-numbers.html

This would explain why Google has been blocking TOR searches with endless capchas. I thought it was just profitz.

[ChartBuddy]

Explanation

[philipma1957]

Hey still looking for my 10k greenie

[ChartBuddy]

Explanation

[JayJuanGee]

Hey still looking for my 10k greenie

I don't want to be limited in predicting to the starting and ending times of a daily candle, but I would consider that a 24-hour period could produce a $10k candle relatively soon^tm.. maybe even within this here deadman's zone.. of let's say anywhere between $64.4k and $79.8k, we could have a $10k price appreciation within 24 hours within that price range.. seems very plausible to me... maybe having greater than 28% (which is NOT ant-sized) odds?....SOMA^tm.. and getting a less than 24-hour $10k UPpity candle before reaching $100k has closer to supra 38% odds...

[Copetech]

Hey still looking for my 10k greenie

I don't want to be limited in predicting to the starting and ending times of a daily candle, but I would consider that a 24-hour period could produce a $10k candle relatively soon^tm.. maybe even within this here deadman's zone.. of let's say anywhere between $64.4k and $79.8k, we could have a $10k price appreciation within 24 hours within that price range.. seems very plausible to me... maybe having greater than 28% (which is NOT ant-sized) odds?....SOMA^tm.. and getting a less than 24 hour $10k candle before reaching $100k has closer to supra 38% odds...

You Go Mr. Ferdinand!

[JayJuanGee]

Hey still looking for my 10k greenie

I don't want to be limited in predicting to the starting and ending times of a daily candle, but I would consider that a 24-hour period could produce a $10k candle relatively soon^tm.. maybe even within this here deadman's zone.. of let's say anywhere between $64.4k and $79.8k, we could have a $10k price appreciation within 24 hours within that price range.. seems very plausible to me... maybe having greater than 28% (which is NOT ant-sized) odds?....SOMA^tm.. and getting a less than 24 hour $10k candle before reaching $100k has closer to supra 38% odds...

You Go Mr. Ferdinand!

You going to take the over or the under?

 

 

[Copetech]

Hey still looking for my 10k greenie

I don't want to be limited in predicting to the starting and ending times of a daily candle, but I would consider that a 24-hour period could produce a $10k candle relatively soon^tm.. maybe even within this here deadman's zone.. of let's say anywhere between $64.4k and $79.8k, we could have a $10k price appreciation within 24 hours within that price range.. seems very plausible to me... maybe having greater than 28% (which is NOT ant-sized) odds?....SOMA^tm.. and getting a less than 24 hour $10k candle before reaching $100k has closer to supra 38% odds...

You Go Mr. Ferdinand!

You going to take the over or the under?

 

 

All of my BTC if you win, all of yours if I win... and you got yourself a bet!

Edit: Timeline matters,, if in Oct, definitely under, if by end of year, Over... just to answer the question.

(Can't blame a guy for trying right?)

[BitcoinBunny]

Another brilliant talk with James from InvestAnswers, this time Robert Breedlove.

Recommended listen:

https://www.youtube.com/watch?v=Wm0w-EGtqgM&ab_channel=InvestAnswers

Breedlove's BTC price prediction 2031: $12,5 million!

(Today's purchasing power of around $1 million per coin though).

[ChartBuddy]

Explanation

[JayJuanGee]

Hey still looking for my 10k greenie

I don't want to be limited in predicting to the starting and ending times of a daily candle, but I would consider that a 24-hour period could produce a $10k candle relatively soon^tm.. maybe even within this here deadman's zone.. of let's say anywhere between $64.4k and $79.8k, we could have a $10k price appreciation within 24 hours within that price range.. seems very plausible to me... maybe having greater than 28% (which is NOT ant-sized) odds?....SOMA^tm.. and getting a less than 24 hour $10k candle before reaching $100k has closer to supra 38% odds...

You Go Mr. Ferdinand!

You going to take the over or the under?

 

 

All of my BTC if you win, all of yours if I win... and you got yourself a bet!

Edit: Timeline matters,, if in Oct, definitely under, if by end of year, Over... just to answer the question.

(Can't blame a guy for trying right?)

I have a repeated theme in which I grant some permissiveness to others.. including gamblers and other loser wannabes to risk higher portions of their stake.. so I could relate to some kind of gamble of something like 30% of your stake for crazy ass peeps.. and I have also frequently stated that for myself, even the craziest of bets would likely maximize out at something like 10% of my stake.. so that would have to be something that I am pretty passionate about or even for some reason considering that there's some important reason to gamble on such a proposition.  On the other hand, I suppose that if I felt that I was going to die soon, maybe I would take out some greater than 10% stakes in those kinds of scenarios, too... ...

Regarding your bet proposition, we would have to know sizes too.. so even talking in terms of percent makes little sense... If any of you remember one of my recent bet propositions to ImThour (in which he ignored me like any person making a disingenuine proposition), I had made some kind of 80/20 proposition.. and I cannot even remember the details, but since he was stating something in certain terms, I was being generous to allow him something like a 20% escape hatch.. and his proposition did not even come close to playing out, anyhow.. When we were at $42k-ish, he was propositioning that there was some kind of indicator that was taking us down to $36.5k, and  I suggested that I would take the other side of such bet that we would make it to $47.5k before getting to his number.. and what did I get ----- silence from him...

I was not talking about any timeline, so I am not sure if it matters, unless you are changing the bet, because my way of presenting left the timeline open and suggested the odds upon which we might be getting a $10k uppity daily candle between the prices of $64.5k to $79.5k or the odds for getting such $10k candle your timeline for the price before we reach $100k.. so not sure how timeline actually helps to perfect the bet in any kind of way because there was no timeline within the earlier description of the matter - beyond the assertion of "soon^tm"  .. so you seem to be proposing something different in terms of adding a time factor in there.

I might inclined to blame a guy for trying when he seems to be convoluting the terms of a potential bet.

[Copetech]

All joking aside, I have been giving considerable thought to how I am going to handle this bull run of my first cycle.
As many of you know, I didn't actually get onboard until late June of this year. I have since been consistently buying every week from my DCA amount. And in the midst I have done a little dabbling (J1G would call it gambling) with various "shitcoins" to take advantage of short term gains to be invested into BTC. I have consistently accumulated approximately 30% more BTC than the market price I invested, and at this point am at a bit over 100% profit. But, realistically, it's nothing. So I'm leaning heavily towards an attempt to DCA out to the top and then buy back after the crash with my profits. First sale at $98k would be the smallest and last sale at $249k the biggest leaving me with a little less than 10% of my current bag but nearly 100x in profits. If all works perfectly and we see 60% dip after a $250k top, I would be a whole coiner by my 1 yr BTC anniversary date. Even if it tops at any point below $249k but above $100k I would still be well on my way to whole coin status by end of year 2022. Only way I lose is A) it shoots up significantly higher than $300k and never drops back below $200k OR if it ends up in a super-cycle that never comes back. Either way, I'm still up significantly in Fiat, but will be back to ground zero in BTC accumulation. But considering I've only got 6 mos. of weekly DCA's invested, I just don't see the downside as being anywhere near the potential or even likely upside. Regardless of the outcome, I still continue my weekly DCA for the next 10 years, but if my bet pays off, I continue as a whole coiner. If it doesn't I just continue as a low coiner.

Open to thoughts and criticism, but can't honestly say I'll change my course based on it.

-Cope

[goldkingcoiner]

in the midst I have done a little dabbling (J1G would call it gambling) with various "shitcoins" to take advantage of short term gains to be invested into BTC.

Well in this case I think every single person in this thread would call that gambling. But hey, who cares what veteran coiners have to say? Im sure the next big thing will definitely be dog coin #312151.

Coping is all you will be able to do if you shitcoin too much.