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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381598 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.)
cAPSLOCK
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November 16, 2021, 01:36:06 PM
Merited by El duderino_ (5), HI-TEC99 (1)

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ChartBuddy
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November 16, 2021, 02:01:27 PM


Explanation
shahzadafzal
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November 16, 2021, 02:02:14 PM

“Everything gets cheaper over time when you price in #Bitcoin”

https://twitter.com/danheld/status/1460608601832050689?s=21
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November 16, 2021, 02:20:46 PM

This is how it works: n00bs who have spent an entire day reading about what is a short/long position get aroused by the 99.99% possibility to get rich by opening a 100x leverage long position  (yachts and lambos in their wet dreams I guess). And since their action is visible by everybody thanks to services like glassnode, it is easy for the bears to short the market liquidating $1 bil in 24 hours. It is like trying to win a poker game with your hand visible to everyone. Not gonna happen, pals. There is no such thing as a free lunch.  Grin Let's see if the optimism of the imbeciles will continue, leading to more liquidations. All this was helped by fake news and irrelevant fud throughout the year. Apart from that, everyone else is buying and holding as is seen by the stats.

Sometimes I get the idea the market will often only move if there are enough longs or shorts to liquidate (other then the times there actually is some news).

Aaaaand yes bought that dip. Started daytarding again a while ago just for the fun of it.
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November 16, 2021, 02:21:20 PM

Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.


Fur cough
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November 16, 2021, 02:26:49 PM
Merited by HI-TEC99 (1)

This, as a trader, I've really noticed this year with ETH that ...



It was worth it to dox.. dragonvslinux...

 Cheesy Cheesy Cheesy Cheesy Cheesy

Since when was I a day trader?

For reference, I only trade the seasons for satoshi profits and otherwise invest/accumulate in the cycle when it comes to a bull market. I therefore don't trade with fiat-based shitcoins (unless in a bear market), especially not leverage day-trading, as you probably know, but each to their own. It's also ok, I don't take offence, I don't mind being misrepresented while I accumulate more Bitcoin, makes me giggle a bit really. I get that for some this day maybe a sad one, bring up some negative emotions or "would suck" as someone put it, but for me it put's a smile on my face.

Fortunately the BTC drop was combined with a rise of it's dominance, so triggered some more profit taking to accumulate more just below $60K  Smiley

... hence I'd expect this liquidity to eventually shift back to Bitcoin.

Am otherwise liking the bounce of the 50 Day MA "what a coincidence" this would happen in a bull market  Tongue
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November 16, 2021, 02:31:27 PM
Merited by El duderino_ (3), BitcoinBunny (2), JayJuanGee (1), dragonvslinux (1)

I thought you guys were joking about China doing China things again. I’ve just looked on Twitter though & it appears they have been pressuring miners again.

I’m definitely not worried now. China haha, pathetic. I guess we’ll be back to $65,000 by the end of the week.


https://cointelegraph.com/news/china-warns-state-owned-enterprises-to-cease-involvement-in-bitcoin-mining

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November 16, 2021, 02:45:48 PM
Merited by El duderino_ (3), BitcoinBunny (2), JayJuanGee (1)

https://www.youtube.com/watch?v=S3zlqHdmPQs
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November 16, 2021, 02:49:29 PM

VanEck Bitcoin Futures ETF just launched. Now wondering if the correction was in anticipation of futures dumping the price (memories of 2017), but doesn't look like this is the case so far...



https://www.coindesk.com/markets/2021/11/16/vaneck-bitcoin-futures-etf-xbtf-launches-on-cboe-exchange/
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November 16, 2021, 02:56:58 PM
Merited by BitcoinBunny (2)

I thought you guys were joking about China doing China things again. I’ve just looked on Twitter though & it appears they have been pressuring miners again.

I’m definitely not worried now. China haha, pathetic. I guess we’ll be back to $65,000 by the end of the week.


https://cointelegraph.com/news/china-warns-state-owned-enterprises-to-cease-involvement-in-bitcoin-mining


Same here and now i enjoy this china ban shit talk and wait for the prices to recover more the next time.



They think they can stop or hinder it's growth then it's completely wrong and this is how ban works now:



Have diamond hands as CCP is having and they are dumping to accumulate more..
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November 16, 2021, 03:01:32 PM


Explanation
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November 16, 2021, 03:03:17 PM
Merited by JayJuanGee (1), dragonvslinux (1)

Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.

So far I'm up with every piece and every whole BTC I've ever bought. Think I will listen to my string of successes rather than to people without any evidence of success warning about potential failures.
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November 16, 2021, 03:35:50 PM

Good morning Bitcoinand.

I see we're halfway back up after a wee dip... currently $60970USD/$76508CAD (Bitcoinaverage).

Hope some smart folks too advantage of the suckers who sold. I was too busy enjoying life.

...sell before it gets worse.

Smart people don't sell. They buy and spend.
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November 16, 2021, 03:36:20 PM

China's final, final, final ever, Bitcoin ban honestly.

It's the end of Bitcoin again.

Works every time, Baa Baa better panic sell now!

Cue enter Billy and Proudhon full of glee.

1. CHECK


Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.


Like clockwork.

Proudhon is too funny to arrive reliably on cue. He might make the audience wonder for a bit... building expectation for some theatrical math&science effect.
julian071
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November 16, 2021, 03:41:18 PM
Merited by psycodad (1)

Proudhon usually shows up just before prices soar again. Hoping to see him soon.
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November 16, 2021, 03:46:53 PM

Proudhon usually shows up just before prices soar again. Hoping to see him soon.

That's the theatrical effect indeed  Cool
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what is this "brake pedal" you speak of?


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November 16, 2021, 03:46:57 PM

Proudhon is too funny to arrive reliably on cue. He might make the audience wonder for a bit... building expectation for some theatrical math&science effect.

the drama llama
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November 16, 2021, 03:53:44 PM
Merited by JayJuanGee (1)

Not much happening
Bitcoin keeps going sideways
Slow Sunday indeed

Never underestimate the importance of BORING BITCOIN 🚀


https://twitter.com/bitharington/status/1459867159836962821?s=21

There is No Reason To underestimate the importance of BORING BITCOIN.
Everyone Knows it will pump up again.

But Some newbies like me will start Panic like this one Grin

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November 16, 2021, 04:01:24 PM


Explanation
BobLawblaw
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November 16, 2021, 04:05:18 PM

Even if someone comes around as a fucking retarded asshole, he/she/it is acting this way just because he/she/it is struggling with life in some way, like all of us do/did and will always do so again.

This resonated deeply within me.

Very insightful.

Thank you for the perspective. As obvious as it is in retrospect, I have not considered the sentiment as you have stated.
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