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

[somac.]

lol

They will rekt these longs before market goes up any further.

Many people reckon these are hedges of spot short positions

What ever it is, it has something to do with these falls I know it.

EDIT: Actually this is probably the whale/s who are driving the price down. By hedging with long futures it means they don't have to buy their short spot position back. The short trade does not need to be closed then, essentially preventing an increase in price.

[tadamichi]

The question is do you wanna buy something in the short term or not? If the answer is no, i dont see a reason to sell. Escaping into the dollar will save you from what?

No, I dont want to buy anything. Yes, maybe physical gold, to rescue my money from couple psychopaths that want us own nothing and be happy. I am pretty emotional right now so I wait this to settle. I did not expect it really would drop below 2017/18 ATH. This is a critical level for me. I was thinking that we could see 18K but I was not expecting it. And it does not even bounce. All those 6 digits predictions were wrong so I was sure all those sub 20K predictions will fail either.

Gold could be one way for peace of mind, to save some of your purchasing power long term, just don’t expect major gains from it.

Im not too concerned about what is happening now, because 1. the economic environment is way different than 2017/18, the biggest winners will probably be industrial commodities now. 2. the market will probably go after as many liquidations as possible, if you see how many btc ponzis like celsius are holding. 3. if we go back to a longer time horizon and evaluate Bitcoin from an economic point of view, nothing changed, if we’re looking at how money comes into existence, there’s many factors speaking for a slow long term organic adoption as hard money first.

[Hamza2424]

10k not impossible, but 1 BTC = 1 BTC so I'm taking the low stress option and staying out of any trading shenanigans.

Sounds like a good plan.

No bro 😁😁 not really this plan is consuming my Life forced haha.

I'm Just trying to avoid market but market is calling me that see how you lossing it.
2T + market is bend on the value of the 880M thats called a next level destruction 😁😁. But Really this Experience is unforgettable and it will help in future if we lived in this blood shed.

[ImThour]

I think most of the whales are targeting this liquidation price.  
BTW This is the liquidation price of Celsius.


https://defiexplore.com/cdp/25977

[ChartBuddy]

Explanation

[somac.]

Public Opinion On Ukraine Shifts As Europeans Back Immediate Peace Over Seeking Russian Defeat

https://www.zerohedge.com/geopolitical/public-opinion-ukraine-shifts-europeans-back-immediate-peace-over-seeking-russian

Wait till winter comes and everyone is freezing to death and unable to avoid food. My only hope is that things change before that happens.

[teramit]

from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

[empowering]

from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

$3500

[serveria.com]

Consider selling 20-25% of my Bitcoin. Anyone else? I have this great reset theory and now they introduced the digital USD. Its going into that direction. I start to be worried BTC will end up like Luna, once the panic kicks in? Dumped to 18.6K and nobody is buying WTF.

I am in since 2013 and ever since holded BTC. Never took profits. Never sold. I would go nuts leaving this game without a cent in my pockets after 9 years

All these people writing only an idiot would sell at these levels. I remember people were saying the same at 69K while talking about 300K.

Edit: I have gone through 2 bear markets and the covid dump. But never had I felt that dark powers are involved. Unless now. Thats why my worries.

Man I know it's hard, I'm in the same boat. I'm all in, probably overinvested (I don't like this term but ok) and this bear is MUCH worse than the previous one. Psychologically in the first place, because of the blowoff top missing, sea of red on the graphs, inflation, war, anxiety, overall market conditions etc etc... but, as El Dude helpfully reminded today: guys, don't mindrust! It's hard I know, but please HODL! We are the last spartans holding the line. Who else can do it if we're done?

[Wilhelm]

from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

They will get liquidated at 3k but Saylor has said that at that point he can take out a 300M or so loan which would protect him all the way to 0 without getting liquidated.

[toknormal]

The question is do you wanna buy something in the short term or not? If the answer is no, i dont see a reason to sell. Escaping into the dollar will save you from what?

No, I dont want to buy anything. Yes, maybe physical gold, to rescue my money from couple psychopaths that want us own nothing and be happy. I am pretty emotional right now so I wait this to settle. I did not expect it really would drop below 2017/18 ATH. This is a critical level for me. I was thinking that we could see 18K but I was not expecting it. And it does not even bounce. All those 6 digits predictions were wrong so I was sure all those sub 20K predictions will fail either.

I smell the next mindrust.

[dragonvslinux]

the fuck  

ETH 999$ ... AHAHAHA !!

it's still higher against BTC than 5 days ago... someone clearly doesn't like BTC

We've seen this before to be fair. In 2018 Bitcoin's dominance hit a high in September, prior to the drop to $3.2K in December. During that drop and sideways movement, there was more speculation towards shitcoins than Bitcoin. It was only once a recovery was confirmed in April/May 2019 that Bitcoin's dominance rose again, as shitcoins dropped 50%+ against BTC ie went sideways against USD or failed to keep up.

Personally I'm expecting the same type of fake-out, one that gives the impression that shitcoins will bounce harder than Bitcoin during the recovery, prior to the opposite happening. The fact that Bitcoin's dominance has dropped by 7.5% this week, as it's price fell 25%+, is therefore a positive sign if history is anything to go by. This is very similar to December 2018 at Bitcoin's lows.

Once we see a relevant bounce (back above $20K maybe) I expect Bitcoin to lose further market dominance, but then swiftly outpace the market once we see a genuine recovery (above $25K).

[tadamichi]

I have no problem with both the concept of a bet to attempt to resolve a difference of opinion.. and I agree with several of the points that you had made in your earlier post D_W.. but holy shit.. you want to take this to a way further level than even seems plausible..

No one is going to bet you when you are getting so excited about the issue and even seeming to unilaterally impose the betting terms, even though some of those terms are not unreasonable.. but some of them are a bit much (and seemingly emotionally laden, too).. but still format wise.. it seems reasonable to outline some of the terms if the other party might be amenable to entering into such a bet..

Sure, I understand that if you feel that you have a winning bet then you may well want to get the other side to bet a larger amount.. but even according to yourself, you don't even have 0.1BTC.. and for sure, hardly anyone would want to run the risk of losing a whole BTC unless you just happen to find a gambler who might be as deranged as ur lil selfie.

Another thing is that goldkingcoiner said that he did not even want to bet you, and sure there could be a way of making the terms bettable.. but 10/1 odds?  I am having my doubts if those are fair reflections of the level of confidence being expressed, so far.. but sure, if you can get someone to proclaim something to be nearly certain about some facts, then yeah.. I suppose 10 to 1 odds is more than reasonable .. since it is 90% rather than 100%.

Even if we could arrive at 10 to 1 odds, I would think that your budget might really ONLY be able to allow you around .001 at most.. perhaps?..

and by the way.. even though goldkingcoiner does seem to like betting.. part of the reason that goldkingcoiner likely has a decent amount of BTC would be that he is likely somewhat measured in the ways that he bets.. we have already seen quite a bit of that from his historical forum participation..  

By the way, I was considering not saying anything.. but from the whole escalation angle ... holy moley.....    You might even make a street fighter start to feel uncomfortable.. and I would hope that our atmosphere here need not be that rough and tumble even though we might want to verbally throw down on some of the various issues from time to time... but still..

Amen, i also dont think this fighting or betting will do anyone good. Also goldkingcoiner has no obligation to bet on anyone, he helped a guy out, who he thought did good, that’s it. He’s not dabs, so he can’t know everything another person did. Just like i have no clue everything death wish did, yet i still defended him, it’s the same situation.

Im not a friend of begging, but i also cant judge another person’s situation, even if this guy begged, it’s still anyones decision to help out or not, and when there’s serious accusations to be made, for something fishy going on, i would say tell it to the people who gave their money.

Get back on your feet death wish, fighting or betting people or taking more margin will just make ur situation worse and is a waste of time. There will be many open doors for a person with ur tech skills, so stop knocking against closed doors and get back on track.

[elevates]

$3500

Nope, that will not happen again.

from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

No news, for now, wait for some time more and we will find out. The US is waking up now.  

[death_wish]

Jay, I am writing another reply to you.  This first:

Modification of terms:  I say that there is also at least one other PM, in addition to the one to Wilhelm (which I did not know about).

Accruing evidence of habitual PM-begging.

I believe that it may well be acceptable to describe some contents and context of PMs.. but it is generally not a good practice to either disclose them or offer to expose them.. and I am not sure if the fact that such PMs might break forum rules would be enough because there is already a remedy for that, which is to hit the report button within the PM.

It is generally not a good practice, as a matter of etiquette and common decency.  I am deeply sensitive to the privacy of good-faith correspondents, with whom I am mutually engaged.

That generality does not apply to unsolicited requests for money—i.e., beggar-spam.  Especially not from a random stranger.  (It also does not apply to personal attacks and harassment from trolls, etc.)

Please also remember that I didn’t just suddenly start getting PMs dragged out in public.  I started with what you say: “describe some contents and context of PMs”.  I briefly noted that Dabs had a history of begging for money in PMs.  goldkingcoiner lashed out at me, insulted me, smeared me as a liar—and he demanded evidence.  Well, that last part is reasonable enough!  I am a big believer in going by the evidence.

My word has been challenged.  I called on Dabs to come clean; he has not done so, and at this point, I think it may be too late.  If I seek to establish that anyone who called me a liar is, in fact, lying about me, then any and all extant Dabs begging PMs are the evidence.

And—I know you are aware of this, Jay; but for the n00bs, I should make it clear that posting PMs is not against forum rules.

Re: Publicly posting PMs

There is no restriction against it. PM = Personal Message, not Private Message.

Compare "private interview" to "personal interview" or "private locker" to "personal locker". Something private isn't expected to be made public, but something personal is only owned by or associated with a single person, not necessarily with a strong guarantee of privacy.

[serveria.com]

from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

STFU you troll! 

[pakhitheboss]

Trending now!

[empowering]

$3500

Nope, that will not happen again.

I am talking about the price that Michael Saylor needs to cover

[ImThour]

from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.

In an interview yesterday he mentioned they are safe until $BTC reaches $3.7k.

[tadamichi]

Jay, I am writing another reply to you.  This first:

Modification of terms:  I say that there is also at least one other PM, in addition to the one to Wilhelm (which I did not know about).

Accruing evidence of habitual PM-begging.

I believe that it may well be acceptable to describe some contents and context of PMs.. but it is generally not a good practice to either disclose them or offer to expose them.. and I am not sure if the fact that such PMs might break forum rules would be enough because there is already a remedy for that, which is to hit the report button within the PM.

It is generally not a good practice, as a matter of etiquette and common decency.  I am deeply sensitive to the privacy of good-faith correspondents, with whom I am mutually engaged.

That generality does not apply to unsolicited requests for money—i.e., beggar-spam.  Especially not from a random stranger.  (It also does not apply to personal attacks and harassment from trolls, etc.)

Please also remember that I didn’t just suddenly start getting PMs dragged out in public.  I started with what you say: “describe some contents and context of PMs”.  I briefly noted that Dabs had a history of begging for money in PMs.  goldkingcoiner lashed out at me, insulted me, smeared me as a liar—and he demanded evidence.  Well, that last part is reasonable enough!  I am a big believer in going by the evidence.

My word has been challenged.  I called on Dabs to come clean; he has not done so, and at this point, I think it may be too late.  If I seek to establish that anyone who called me a liar is, in fact, lying about me, then any and all extant Dabs begging PMs are the evidence.

And—I know you are aware of this, Jay; but for the n00bs, I should make it clear that posting PMs is not against forum rules.

Re: Publicly posting PMs

There is no restriction against it. PM = Personal Message, not Private Message.

Compare "private interview" to "personal interview" or "private locker" to "personal locker". Something private isn't expected to be made public, but something personal is only owned by or associated with a single person, not necessarily with a strong guarantee of privacy.

I get your point, but remember goldkingcoiner thought, that this guy actually did good things before, it’s an expected first reaction. I wouldn’t take it personally, lets see how he reacts after you provided him the proof he asked for.