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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336604 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. (170 posts by 1 users with 9 merit deleted.)
somac.
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May 11, 2022, 12:56:53 PM

This shitcoin luna is going to 0 and is dragging down BTCitcoin. 70K BTC market sell even on Binance is no joke. There is no way to know how many BTC are remaining in luna account in Binance.

They must of sold everything by now.

This move is coupled with the CPI. have a look at the nasdaq, big red dildo.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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May 11, 2022, 01:03:28 PM


Explanation
somac.
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May 11, 2022, 01:05:36 PM

Bitcoin gaining dominance slightly.
aysg76
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May 11, 2022, 01:09:41 PM

This shitcoin luna is going to 0 and is dragging down BTCitcoin. 70K BTCs market sell even on Binance is no joke. There is no way to know how many BTCs are remaining in luna account in Binance.
The so called stable coin or shitcoin has contributed even worse to the situation causing the whole market to crash and this is what it now looks like :



So now you are having a dollar with 90 cents? This is the magical crypto space where some new things are also possible and now Luna is almost 97% down in value so who else is fan of these coins?

Get yourself some bitcoin at discounted rates because we might not get this opportunity once this Luna bullshit crap is over.
UnDerDoG81
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May 11, 2022, 01:13:09 PM

Heavy. Dont forget, Bitcoin is death once again.
somac.
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May 11, 2022, 01:18:34 PM

This shitcoin luna is going to 0 and is dragging down BTCitcoin. 70K BTCs market sell even on Binance is no joke. There is no way to know how many BTCs are remaining in luna account in Binance.
The so called stable coin or shitcoin has contributed even worse to the situation causing the whole market to crash and this is what it now looks like :



So now you are having a dollar with 90 cents? This is the magical crypto space where some new things are also possible and now Luna is almost 97% down in value so who else is fan of these coins?

Get yourself some bitcoin at discounted rates because we might not get this opportunity once this Luna bullshit crap is over.

It looks like an intentional take down of the Luna shitcoins. Question is who made all the profit shorting this crap and where will they put the proceeds. Bitcoin?
somac.
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May 11, 2022, 01:21:59 PM
Merited by vapourminer (1), Torque (1)

https://twitter.com/DylanLeClair_/status/1524377921338724354?cxt=HHwWhMC-jZPp1qcqAAAA



Shitcoins right?
ivomm
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May 11, 2022, 01:23:05 PM

This shitcoin luna is going to 0 and is dragging down BTCitcoin. 70K BTC market sell even on Binance is no joke. There is no way to know how many BTC are remaining in luna account in Binance.

They must of sold everything by now.

This move is coupled with the CPI. have a look at the nasdaq, big red dildo.
May be they did, may be not (yet). My guess is they sell BTC each time someone sells 1 ust for 0.3 usd (at the current price). There is some correlation with their shitcoin luna, which is losing %'s by each second down to 0.69$ while BTC traded below 30K a couple of minutes ago. I would advise anyone to be cautious and not to enter with big sums now, since this crisis may last a few more days, even weeks. Nobody knows what will happen in the short term, the market is completely irrational now.
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May 11, 2022, 01:26:00 PM
Merited by vapourminer (1)

Terra USD is going down to zero. Currently 0.35$ for 1UST. What a joke. So much for bitcoin pegged usd. Grin Grin Grin

LUNA Will be zero before UST

That seems to be the reasonable expectation given what I'm hearing.  The rumor that I read was that they would be giving a 50% discount in LUNA for those willing to put up money to buy back UST, but with LUNA already dumping well beyond that, you have to wonder if UST can be saved.  The goal of the LUNA dumping being to restore UST to $1.  It being at $0.30 right now seems like it may be an opportunity.  The BTC that was sold was only sold at a 33% loss.  I'm not sure exactly what sort of funding was used to purchase it, but I'd imagine that $0.30 is a result of panic and that the fair value should still be higher.  LUNA on the other hand will likely be dumped and dumped as long as there are people willing to buy.

I think the worst damage to Bitcoin has been done.  The cascading liquidations seem to have stopped and so has Do Kwon's selling. 

So, Luna is going to be zero before UST.
Well, I am not sure What the Heck is doing by LFG? This was announced on April two by DokWon on Twitter.
Anyone Noticed? I noticed this today.

https://twitter.com/stablekwon/status/1510021707377287170

Because of their dumb algorithm, Whole Market is in a Critical situation, Including Bitcoin.
somac.
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May 11, 2022, 01:27:38 PM

This shitcoin luna is going to 0 and is dragging down BTCitcoin. 70K BTC market sell even on Binance is no joke. There is no way to know how many BTC are remaining in luna account in Binance.

They must of sold everything by now.

This move is coupled with the CPI. have a look at the nasdaq, big red dildo.
May be they did, may be not (yet). My guess is they sell BTC each time someone sells 1 ust for 0.3 usd (at the current price). There is some correlation with their shitcoin luna, which is losing %'s by each second down to 0.69$ while BTC traded below 30K a couple of minutes ago. I would advise anyone to be cautious and not to enter with big sums now, since this crisis may last a few more days, even weeks. Nobody knows what will happen in the short term, the market is completely irrational now.

I don't know what they are doing but their on-chain wallet is empty. So while they could still have some on the exchange, hence this move, they would have to have little left.
Paashaas
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May 11, 2022, 01:29:42 PM
Merited by vapourminer (1), JayJuanGee (1)

Terra still has ~12k left to sell.

https://bitinfocharts.com/bitcoin/address/bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h
philipma1957
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May 11, 2022, 01:33:46 PM
Merited by HI-TEC99 (1), somac. (1)

Well lets hope they dump it today. dropping btc to 26k and starting the upward climb to 71k. By the end of may as Proudhon has predicted.
somac.
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May 11, 2022, 01:35:25 PM


I thought this one was theirs

https://bitinfocharts.com/bitcoin/wallet/Luna-LFG
El duderino_
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May 11, 2022, 01:40:05 PM
Merited by OROBTC (2), xhomerx10 (1), JayJuanGee (1), Torque (1)



Fully agree
eddie13
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BTC or BUST


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May 11, 2022, 01:42:25 PM
Merited by somac. (1)

Bought some 29

Where can I read more about this Luna attack?
Preferably medium-high intelligence and not in the form of an article..
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May 11, 2022, 01:45:16 PM
Merited by vapourminer (1), psycodad (1), OutOfMemory (1), greensheep (1)



https://twitter.com/FreddieRaynolds/status/1463960623402913797
somac.
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May 11, 2022, 01:45:48 PM



Fully agree

Absolutely. It's crazy, but it is what it is, I can't blame people honestly. Losing what little you have is very scary, especially when you see posts from people wanting to kill themselves because of the correction so far.
UnDerDoG81
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May 11, 2022, 01:47:01 PM

Covid, Lockdowns, war, inflation, food crisis, financial crash... People still believe these are all just random unlucky coincidences lol... Keep believing msm and your leaders  Cheesy nobody could have ever been imagined a global lockdown and destruction of the economy would lead to all this. I mean who are these people who get paid millions by their governments to   analyse and predict future events... Cbdc and the great reset is coming. And therefore they need to destroy the old... They are not even hiding it. The man himself Klaus Schwab wrote his version of Hitlers "mein Kampf" called Covid 19 and the great reset. Yet ppl call it a conspiracy.
philipma1957
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May 11, 2022, 01:48:41 PM

we got over 31k for a quick minute or two.

https://aggr.trade/



this volatility

will last till that shit coin dies.


How many other coins are pegged to btc like that one was.
somac.
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May 11, 2022, 02:01:05 PM

we got over 31k for a quick minute or two.

https://aggr.trade/



this volatility

will last till that shit coin dies.


How many other coins are pegged to btc like that one was.

This volatility is because of the stock market.

here's the nasdaq



and now BTC



I doubt this luna fuck up would be affecting the stock market

Edit: not saying luna isn't having an effect, but the stock market is mostly calling the shots for the moment.
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