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

[OutOfMemory]

stuff

As I said to others, there is a ignore button, feel free to use it.



ps Notice it is just generally one person that I have issue with on this forum, and I have my reasons....  sure it is not graceful, and I get it can piss people off, but, the yappy dog thing, yeah it really gets on my tits... and, I would have him on ignore, and have done, but then people fricken well quote his pointless replies to conversations I am having with others, or posts I have made, and then I unfortunately have to read them anyway... and then I sometimes end up responding.  



And if you care why or not, is up to you, but the post you commented on "you are five" is literally , JJGs posts basically over and over and over again pretty much everyday, regardless who he talks to, hence my ire.... I swear he would talk to Satoshi himself in exactly the same way.


Anyways, I have put him back on ignore, for my own good, and so I do not bore the shit out of everyone with it.  Be great if people didn't quote him @'ing me though, I would appreciate that.


As for the other stuff.... yeah we all have differing opinions. That is all I gots to say on that.

There's also en EDIT button, no need to post many times in a row.
Also, there's that CAPS thing...

I didn't criticize you about "arguing" with JJG (or against JJG), nor do i choose a side in this discussion, but dude, your spamming got really annoying.
Control your emotions before they control you - that was the message.

I think the fear of potential MTGOX coins being sold will affect the rate temporarily, not the actual coins sold eventually. Besides, who would be dumb enough to sell right after receiving their BTC? Waiting since 2014 makes you patient if nothing else.

I also hope EXPhorizon gets his alleged coins back as well, so he can stop begging for corn 

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[Gachapin]

under 20k again

GOX coins coming as well...

Mmh... frankly, I don't expect much from 2022.  Please surprise me, Bitcoin... (to the upside please)

Is there any further news besides your expecting the Gox coins to be negative on the BTC price (which surely is not an obvious deduction)?

The last I saw was potential for them to start to get released in late August/early September at the earliest, and even that is far from certain in terms of the coins actually coming available at those earliest of dates.

By the way, one of the ONLY reasonable logics for the GOX coins to be negative on the BTC price is because a lot of individuals sold their claims, so a decent amount of coins are sitting with third-party purchasers who got those coins for pennies on the dollar.  Even though they got a lot of coins cheap, I am not even sure if the smartest move is to dump the coins, but you never know with some of the financial shysters who seem to like to play around with manipulation rather than appreciating bitcoin's ongiong upside investment thesis.. but for sure, if there is a perception of the BTC price going down, then some of the BIGGER players who get coins won't necessarily be shy to dump a lot of coins (but not even sure if that is what they are going to - especially if the market dumps before they even get access to the coins).

The gox coins are hanging like the sword of Damocles.

Some will definitely be sold.  It doesn't even matter how many will be sold, but I'm pretty sure there are bear whales waiting to use the story to perform a cascading dump.

I hope I'm totally wrong though and the market does what nobody expects and pumps like crazy.  But even then, 140k additional coins are there to be potentially sold into the next halving pump which might take a bit off the upwards steam.


(Btw.. I think you can choose how you want to receive the repayment (fiat or BTC), so the trustee might even sell some coins to repay fiat claims.)

I think the fear of potential MTGOX coins being sold will affect the rate temporarily, not the actual coins sold eventually.

Yes.  That fear could be well used by bears to make a move.

Besides, who would be dumb enough to sell right after receiving their BTC? Waiting since 2014 makes you patient if nothing else.

Institutions who bought the claim. 
If they want to take a quick profit (in fiat), they'd sell the coins themselves or ask for a fiat repayment, so the trustee would sell them instead.

Such parties often don't give a fuck about Bitcoin or hodling..

[JayJuanGee]

Cringe AF ^^

there are times that You bring out "the best" in dee udder peeps.   


 

JJGs posts basically over and over and over again pretty much everyday, regardless who he talks to, hence my ire....

Yeah... there are times that I don't really like myself very well either.... it's complicated like that... because there are times that I do like myself too.. .so hard to say really.  I would not want to read all of my posts, if I had not written them my lil selfie, so there is that... but usually, there are times that writing them is not really that bad... for the most part.... so in the end, there are times that I am torn.  Am I waffling, yet? 

Starting to sound like Save the RF (don't want to 'specially pick on any peep da poo, neither).. there are times that I just need a few more bolds and ALL CAPS (or is it call miXXeD cApS?) in there.

 

[edited out]

Oh, I'm a goofy goober (yeah!)
You're a goofy goober (yeah!)

I wrote that one 'specially 4 uie pooie.   

 

It's called art..

well a kind of liberal idea of art, but still.

under 20k again

GOX coins coming as well...

Mmh... frankly, I don't expect much from 2022.  Please surprise me, Bitcoin... (to the upside please)

Is there any further news besides your expecting the Gox coins to be negative on the BTC price (which surely is not an obvious deduction)?

The last I saw was potential for them to start to get released in late August/early September at the earliest, and even that is far from certain in terms of the coins actually coming available at those earliest of dates.

By the way, one of the ONLY reasonable logics for the GOX coins to be negative on the BTC price is because a lot of individuals sold their claims, so a decent amount of coins are sitting with third-party purchasers who got those coins for pennies on the dollar.  Even though they got a lot of coins cheap, I am not even sure if the smartest move is to dump the coins, but you never know with some of the financial shysters who seem to like to play around with manipulation rather than appreciating bitcoin's ongiong upside investment thesis.. but for sure, if there is a perception of the BTC price going down, then some of the BIGGER players who get coins won't necessarily be shy to dump a lot of coins (but not even sure if that is what they are going to - especially if the market dumps before they even get access to the coins).

The gox coins are hanging like the sword of Damocles.

Some will definitely be sold.  It doesn't even matter how many will be sold, but I'm pretty sure there are bear whales waiting to use the story to perform a cascading dump.

I hope I'm totally wrong though and the market does what nobody expects and pumps like crazy.  But even then, 140k additional coins are there to be potentially sold into the next halving pump which might take a bit off the upwards steam.


(Btw.. I think you can choose how you want to receive the repayment (fiat or BTC), so the trustee might even sell some coins to repay fiat claims.)

I think the fear of potential MTGOX coins being sold will affect the rate temporarily, not the actual coins sold eventually. Besides, who would be dumb enough to sell right after receiving their BTC? Waiting since 2014 makes you patient if nothing else.

I think also there is a bit of too much extrapolation of extreme cases if people believe that the GOX participants were so locked into ONLY gaining exposure to BTC through their GOX coins..

So it takes a bit of extreme view of what people did (early adopters by the way.. these do not tend to be non-technical grandmas) or what they would do in order to believe that GOX HODLers did not hedge their exposure to BTC in various kinds of ways through the past 8.5 years (not everyone just sat on their hands like some lame ducks like eXPHorizon claims that he is doing - take representations from folks like eXPHorizon with a decent sized grain of salt for sure). 

On the other hand, surely business can be more cruel and manipulative in their approach and their behaviors. so there does to have had developed a pretty wide-spread practice for some businesses to scoop up many of those coins from various retail GOX account holders.. which contributes to potentially perverse incentives in terms of both informational manipulation and potentialities for actual physical coin manipulation too.  I am not going to put it past them to manipulate and/or for others to manipulate based on the possible manipulation of the GOX coin holder businesses.. but to me, that still does not rise to making preparations ONLY in one direction .. even though  I understand that gamblers love to do that because they believe that they are smarter than everyone else (and even sometimes they end up being correct about the direction.. but not necessarily that they are smarter than everyone else, just because they ended up getting the direction right.. hahahahaha)

[ChartBuddy]

Explanation

[WatChe]

Don't fall into the whale traps. Its under the boat and can sink it if he wants.

[ChartBuddy]

Explanation

[Hueristic]

Don't fall into the whale traps. Its under the boat and can sink it if he wants.

Had one swim under me like that once and I almost shit myself!

Dick shriveled up to a peanut!

At least I hope it was a Whale.

[Hamich124D]

Number of #Bitcoin addresses ever created hits 1 billion!

[JayJuanGee]

[edited out]

Yes.  That fear could be well used by bears to make a move.

Of course, bears are going to use whatever they can (even if made-up shit) to get the BTC price to go down as far as they are able to get it to go down and also to keep the BTC price down as long as they can keep it down.. so sure.. that dynamic exists,  but are we going to modify our own BTC balancing practices in any kind of a material/substantial way merely because of those kinds of manipulative behaviors and efforts?  Sure you might... but I personally consider those kinds of manipulations to be problematic (mostly a waste of time - noise) in terms of tweaking my own set practices in any kind of significant or meaningful way.

Besides, who would be dumb enough to sell right after receiving their BTC? Waiting since 2014 makes you patient if nothing else.

Institutions who bought the claim. 
If they want to take a quick profit (in fiat), they'd sell the coins themselves or ask for a fiat repayment, so the trustee would sell them instead.

Such parties often don't give a fuck about Bitcoin or hodling..

True.. but still.  Are you going to tweak your plans based on that?  (or try to trade it?).. seems like a way to get some folks to inadequately pee pare their lil selfies for Up.

Be great if people didn't quote him @'ing me though, I would appreciate that.

Poor widdow empowering.. sufferening sooooo muchie.

 

[Hamza2424]

Make Your Comment on it

[ChartBuddy]

Explanation

[OutOfMemory]

Make Your Comment on it

Miners providing liquidity to exchanges?
Whales manipulation, trying to start panic?

[eXPHorizon]

[edited out]

Oh, I'm a goofy goober (yeah!)
You're a goofy goober (yeah!)

I wrote that one 'specially 4 uie pooie.  

 

It's called art..

well a kind of liberal idea of art, but still.

I know you did i mean its visible miles away but i still gave you the Goofy Goober vibe

It IS Art

[xhomerx10]

Who else agree with me

 Hmmm... I'm not buying it.

[ChartBuddy]

Explanation

[Bushdark]

Don't fall into the whale traps. Its under the boat and can sink it if he wants.

Had one swim under me like that once and I almost shit myself!

Dick shriveled up to a peanut!

At least I hope it was a Whale.

You don't need to be scared buddy 😂
Remember what Arrdee said on the pulpit

...this life we come and we go...

I don't go too far in the river or ocean when I know I have much left at the home to enjoy
Life is sweet but risk can mishandle it 😂

[348Judah]

Who else agree with me

 Hmmm... I'm not buying it.

Should it be that this trick work as you've said then we wouldn't have the so called investors to place their assets on bitcoin, just same as we have some buying and immediately bitcoin runs bullish we also have those that buy and it goes bearish, i will say it's a thing of knowing when to set in that determines winning or loosing to volatility.

[cygan]

[ChartBuddy]

Explanation

[Biodom]

Make Your Comment on it

Miners providing liquidity to exchanges?
Whales manipulation, trying to start panic?

it's like 1/150 (or less) of today's volume.
Not nothing, of course, but also not something big.