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

[xhomerx10]

Good morning,
Observing 28,892 @Stamp

Fat finger anyone?

Bitcoin Price Spikes to $138K on Binance.US

Bitcoin temporarily surged to as much as $138,000 on crypto exchange Binance.US earlier today in a sudden price wick on the btc/tether trading pair, exchange data shows.

 With any luck it was BlackRock using the "market buy" option figuring it would get all the bitcoin cheap after siccing its dog (the SEC) on Binance.

[1714587833]

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[1714587833]

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[1714587833]

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[fillippone]

With any luck it was BlackRock using the "market buy" option figuring it would get all the bitcoin cheap after siccing its dog (the SEC) on Binance.

I prefer this reading of the story:

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

By the way,..... I would like to mention:

Some of you may know that a bit over a week ago, Binance US had stated that it may lose its banking services, so it suggested that either people withdraw their USD or convert them over to USDT.

I converted all mine over to USDT and then re-established my buy/sell orders on Binance US as part of the BTC/USDT pair, and so it was a bit strange that about 3.5 hours ago (calculated from the time of this post), I was waiting for my sell order at $28,900 to fill, and then all of a sudden all of my orders filled from $28,900 all the way up to $129,400... .. and there was some kind of a fat finger or something, and then the price moved back down to $28,800-ish... so I bought back all the BTC that I had sold (plus a little extra), and reset my BTC sell orders and also ended up with some extra USDT out of the deal, too.. ..  I don't really want to disclose the amounts, but it surely adds up... and I have not exactly added it up.. I suppose that I could do some math at some point.

I would have had my BTC sell orders (with the USDT pair) up to $150k; however, at the time that I set my orders (maybe a week and a half ago), their system did not allow me to set sell orders higher than $130k... but this fat finger, or whatever it was, had ended up buying bitcoin all the way up to $138k. .. When I just reset my sell orders, it allowed me to set them up to $145k... so usually those kinds of fat fingers do not happen twice, even though sometimes some variation of them can happen when the order books get cleared out like that.. or who knows what caused such a thing?

The market and the orders on Binance US's BTC/USDT pair seem to be working normally now, and it is difficult to know what caused such a spurt in the price.. whether a bug, a fat finger, or just very illiquid markets.. or even manipulation?

 Congrats Mr. JJG!  You must have been a boy scout as seems you were adequately peepared for uppity

[BobLawblaw]

FWIW, in the process of slowly moving some corn onto the exchange to prepare for a small sell somewhere above $30k

Going to convert some corn to ranch equipment, greenhouse, and other things we'll need before we get to building the ranch house.

Really finding my groove settling back into country life again.

Never mind a cattle rancher; I've discovered the joys of operating heavy machinery and farm tractors and that's just next level fun altogether.

I'm basically learning how to play https://www.farming-simulator.com/ in real life, and it's serene AF.

I never imagined cultivating or cutting many acres of farmland would be so enjoyable.

Feeling very blessed, considering the dark period I've exited - Celebrated 1 year of sobriety this week.

Be good to yourselves.

[xhomerx10]

I wonder what kind of stuff members would be doing with btc at $500K (10 tril)?
Make plans? Too early? 30 mo is just 2.5 years.

one step at a time bro

a new ATH at 70k next year
maybe 100k gets topped next year.



oh hats off to buddy 28k!

I was actually responding to the post by @OgNasty (without quoting it directly).
I can keep up the idea of both 70-100K next year and 500K in 30 mo in my head simultaneously, especially if it would result in the lack of premature selling at 70K, lol.

If we get to 70k and I am alive I am selling some. Not much but some.

 Seems like Philipma needs a brand new Pigbag!

[HI-TEC99]

[WatChe]

29k finally broken.

What's next 30k or 35k

[OgNasty]

It seems that every day now I wake up to a higher Bitcoin price. Either that or horrible news that causes a small correction. The big banks that are causing this market melt up will no doubt look like geniuses when they start collecting massive fees on their funds built with currently cheap BTC. Get some coins and get them off of exchanges…

[eXPHorizon]

Bhahah Will the Forum block that website as well? 🤣 Losers... Imgur rocks it just does not like your litter on its website 😆

forum has not blocked talkimg, talkimg.com is down.

You are not ignored yet. Quote the troll once more and be welcome to my growing list.

This place isn't what it used to be.

skantehead please STFU ! You got atleast something right in that skante head.. Bljatcoin is not what it used to be and ya are at fault

[seek3r]

Anyone feels addressed? 

[philipma1957]

I am liking this

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

buddy we are looking for a double or triple lift today.

30k
31k
32k and stay for a day.

[Hueristic]

By the way,..... I would like to mention:

Some of you may know that a bit over a week ago, Binance US had stated that it may lose its banking services, so it suggested that either people withdraw their USD or convert them over to USDT.

I converted all mine over to USDT and then re-established my buy/sell orders on Binance US as part of the BTC/USDT pair, and so it was a bit strange that about 3.5 hours ago (calculated from the time of this post), I was waiting for my sell order at $28,900 to fill, and then all of a sudden all of my orders filled from $28,900 all the way up to $129,400... .. and there was some kind of a fat finger or something, and then the price moved back down to $28,800-ish... so I bought back all the BTC that I had sold (plus a little extra), and reset my BTC sell orders and also ended up with some extra USDT out of the deal, too.. ..  I don't really want to disclose the amounts, but it surely adds up... and I have not exactly added it up.. I suppose that I could do some math at some point.

I would have had my BTC sell orders (with the USDT pair) up to $150k; however, at the time that I set my orders (maybe a week and a half ago), their system did not allow me to set sell orders higher than $130k... but this fat finger, or whatever it was, had ended up buying bitcoin all the way up to $138k. .. When I just reset my sell orders, it allowed me to set them up to $145k... so usually those kinds of fat fingers do not happen twice, even though sometimes some variation of them can happen when the order books get cleared out like that.. or who knows what caused such a thing?

The market and the orders on Binance US's BTC/USDT pair seem to be working normally now, and it is difficult to know what caused such a spurt in the price.. whether a bug, a fat finger, or just very illiquid markets.. or even manipulation?

It is difficult to conclude without knowing the amount of Bitcoin, but i do hope it was significant amount for you! I mean we do see flash crashes every now and then, why not the opposite...

Hopefully it is enough to mitigate the risk of not holding your own keys.

@ JJG

[xhomerx10]

 Sorry 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vroom]

 Sorry 

crucify you!

[philipma1957]

close to 30k

29.7

[El duderino_]

What about a re-launch of the vroom chopper starting from 30k ?