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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

O/T

Beverly Hills Cop: Axel F

F for Fucking awful.

1 / 10

Worse than 3, if that was even possible.
Low energy. Boring, no agency or making you care about anything. No stakes.
Eddie Murphy phones it in. He's just too old now. It reminded me of Harrison Ford in Indy 5.
You sort of recognise them but something seems off. They just waited too long with some of these sequels.

This and many other Netflix movies really seem amateurish somehow.
It doesn't matter how much money is thrown at it, who stars in it or who does the music.
It all seems terrible and doesn't reach basic cinema quality.

Should have left it with 2 Beverly Hills Cop movies, and especially after 3 never made a comeback.

It's astonishing Hollywood is so lost most of the times these days.
All these 80s franchises have been destroyed with the latest instalments:
Ghostbusters, Beverly Hills Cop, Indiana Jones, Evil Dead, Terminator, Bill & Ted

The "ingredients" are all there: the same actors, the massive budget, effects, etc.
But they all lack a story you care about. They are all convoluted and just bloody annoying.

RIP.

[bitcoinPsycho]

O/T

Beverly Hills Cop: Axel F

F for Fucking awful.

1 / 10

Worse than 3, if that was even possible.
Low energy. Boring, no agency or making you care about anything. No stakes.

Some of these Netflix movies really seem amateurish somehow.
It doesn't matter how much money is thrown at it, who stars in it or who does the music.
It all seems terrible. Even B movies from (indeed) the 80s are more enjoyable.

Should have left it with 2, and especially after 3 never made a comeback. They waited far too late anyway.

It's astonishing Hollywood is so lost most of the times these days.
All these 80s franchises have been destroyed with the latest instalments:
Ghostbusters, Beverly Hills Cop, Indiana Jones, Evil Dead, Terminator, Bill & Ted

The "ingredients" are all there: the same actors, the massive budget, effects, etc.
But they all lack a story you care about. They are all convoluted and just bloody annoying.

RIP.

Yeah  what a sad bag of shit

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

I don’t like seeing the market going down but this mtgox thing has been what everyone has been saying would drop the market for years. It isn’t crazy to think we’ll drop a little here. Still, I don’t like seeing the price go down. Maybe the devs can do something? Just kidding. More seriously, has anyone tried spitting on it?

everyone = OgNasty

FTFY

Nah, I can’t take credit for stating the obvious. For years people have been watching that BTC. Blackrock has built a multi-billion dollar short position. The market has dropped $13K, which is a massive slash off the market cap just on the news. I actually don’t think there has ever been a period in history where Bitcoin has had such a large total market short position. While this is bearish short term, long term those shorts will have to be covered eventually. That means future demand. Make no mistake about it though, the big boys have bet billions on the mtgox distribution and so far they’re rolling in profits.

Where is a proof of that?...pure hearsay..based on some crypto twitter noise?
The company cannot short it's own ETF-it is called self-dealing and is, ostensibly, illegal. Some associated funds can, of course.

<snip>Edit: A quick read about their own ETF shows Blackrock can effectively short any investor purchases of their fund for 48 hours on a rolling basis due to their settlement agreement with Coinbase. While this isn’t billions, it shows just one way they can easily short the market using their own ETF.

That's not shorting in a common meaning of the term, more like market-making
..if someone buys, then someone has to sell and if there is no investor currently selling, then to smooth the market, market maker sells from their inventory or otherwise so a buyer can buy.

Whatever you say buddy. That isn’t even how they would short the market, I was just proving your statement wrong. What evidence do you have that Blackrock didn’t go short when they discovered that billions of dollars in Bitcoin was going to hit the market?

I hate that I have to be the bearish guy because I’m as bullish as they come, but ignoring all the evidence of what’s happening is just weird. If mtgox wasn’t an issue, we wouldn’t be watching the price fall. It’s ok to admit you’re wrong.

[Biodom]

I don’t like seeing the market going down but this mtgox thing has been what everyone has been saying would drop the market for years. It isn’t crazy to think we’ll drop a little here. Still, I don’t like seeing the price go down. Maybe the devs can do something? Just kidding. More seriously, has anyone tried spitting on it?

everyone = OgNasty

FTFY

Nah, I can’t take credit for stating the obvious. For years people have been watching that BTC. Blackrock has built a multi-billion dollar short position. The market has dropped $13K, which is a massive slash off the market cap just on the news. I actually don’t think there has ever been a period in history where Bitcoin has had such a large total market short position. While this is bearish short term, long term those shorts will have to be covered eventually. That means future demand. Make no mistake about it though, the big boys have bet billions on the mtgox distribution and so far they’re rolling in profits.

Where is a proof of that?...pure hearsay..based on some crypto twitter noise?
The company cannot short it's own ETF-it is called self-dealing and is, ostensibly, illegal. Some associated funds can, of course.

<snip>Edit: A quick read about their own ETF shows Blackrock can effectively short any investor purchases of their fund for 48 hours on a rolling basis due to their settlement agreement with Coinbase. While this isn’t billions, it shows just one way they can easily short the market using their own ETF.

That's not shorting in a common meaning of the term, more like market-making
..if someone buys, then someone has to sell and if there is no investor currently selling, then to smooth the market, market maker sells from their inventory or otherwise so a buyer can buy.

Whatever you say buddy. That isn’t even how they would short the market, I was just proving your statement wrong. What evidence do you have that Blackrock didn’t go short when they discovered that billions of dollars in Bitcoin was going to hit the market?

I hate that I have to be the bearish guy because I’m as bullish as they come, but ignoring all the evidence of what’s happening is just weird. If mtgox wasn’t an issue, we wouldn’t be watching the price fall. It’s ok to admit you’re wrong.

Really...bullish? I keep hearing about mtgox from you the last month or two on a regular basis.

[OgNasty]

Really...bullish? I keep hearing about mtgox from you the last month or two.
OK, you do you, pal

Almost like mtgox was an issue people should’ve been concerned about when we were above $70K. I don’t get it… You’re mad at me for being right and warning people? I didn’t trade the news, I just told people what was coming and why. I’m still holding Bitcoin. That’s what makes me bullish.

[philipma1957]

og. watch your op sec


meanwhile i got me some 57.9 k corn

[Biodom]

I don’t like seeing the market going down but this mtgox thing has been what everyone has been saying would drop the market for years. It isn’t crazy to think we’ll drop a little here. Still, I don’t like seeing the price go down. Maybe the devs can do something? Just kidding. More seriously, has anyone tried spitting on it?

everyone = OgNasty

FTFY

Nah, I can’t take credit for stating the obvious. For years people have been watching that BTC. Blackrock has built a multi-billion dollar short position. The market has dropped $13K, which is a massive slash off the market cap just on the news. I actually don’t think there has ever been a period in history where Bitcoin has had such a large total market short position. While this is bearish short term, long term those shorts will have to be covered eventually. That means future demand. Make no mistake about it though, the big boys have bet billions on the mtgox distribution and so far they’re rolling in profits.

Where is a proof of that?...pure hearsay..based on some crypto twitter noise?
The company cannot short it's own ETF-it is called self-dealing and is, ostensibly, illegal. Some associated funds can, of course.

<snip>Edit: A quick read about their own ETF shows Blackrock can effectively short any investor purchases of their fund for 48 hours on a rolling basis due to their settlement agreement with Coinbase. While this isn’t billions, it shows just one way they can easily short the market using their own ETF.

That's not shorting in a common meaning of the term, more like market-making
..if someone buys, then someone has to sell and if there is no investor currently selling, then to smooth the market, market maker sells from their inventory or otherwise so a buyer can buy.

Whatever you say buddy. That isn’t even how they would short the market, I was just proving your statement wrong. What evidence do you have that Blackrock didn’t go short when they discovered that billions of dollars in Bitcoin was going to hit the market?

I hate that I have to be the bearish guy because I’m as bullish as they come, but ignoring all the evidence of what’s happening is just weird. If mtgox wasn’t an issue, we wouldn’t be watching the price fall. It’s ok to admit you’re wrong.

Really...bullish? I keep hearing about mtgox from you the last month or two.
OK, you do you, pal

Almost like mtgox was an issue people should’ve been concerned about when we were above $70K. I don’t get it… You’re mad at me for being right and warning people? I didn’t trade the news, I just told people what was coming and why. That’s what makes me bullish.

I gather that since you are STILL holding some it means that you also SOLD some and now getting on with your message of scare so you can buy lower?
Not a very pristine tactics. I never heard M.Saylor opining about MtGox so he could buy or re-buy lower.

[OgNasty]

I didn’t trade the news, I just told people what was coming and why.

I gather that since you are STILL holding some it means that you also SOLD some and now getting on with your message of scare so you can buy lower?
Not a very pristine tactics. I never heard M.Saylor opining about MtGox so he could buy or re-buy lower.

I quoted the part you didn’t seem to comprehend. Also, you’d have to be a complete moron to think anything said in this thread has any effect whatsoever on the Bitcoin price. So, in an effort not to confuse people with who is who, I will politely say that you can believe whatever you want. I will continue my market analysis without bias.

[philipma1957]

well i don’t have millions in BTC

but I am locked and ready to buy this downturn in price.

Who knows maybe I will finally get enough corn 🌽 this time around.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

Crazy how those bull cunts still saying: ''retest, breakout, RSI oversold, golden pump, CME gap filled, up only...''

Meanhwile, it tanked with another $2000.

[Biodom]

Crazy how those bull cunts still saying: ''retest, breakout, RSI oversold, golden pump, CME gap filled, up only...''

Meanhwile, it tanked with another $2000.

bull cunts? That's a new low, pardon the pun.
I might revisit this opinion in the future...to make fun of it.

Albeit...someone already did:
https://www.youtube.com/watch?v=XbZ8zDpX2Mg

[As-Soon-As]

NEW: Over 110 businesses are now building on #Bitcoin    in Africa. here

The Bitcoin continent 🚀



I found through this social media that there are more than 110 bitcoin business created in African countries, and many people think that African countries have a food crisis, yet they have bitcoins.  In this digital age, even if African countries have food shortages, they have the highest desire to have bitcoins.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Really...bullish? I keep hearing about mtgox from you the last year month or two on a regular basis.

FTFY

[BobLawblaw]

(sighs)

[OgNasty]

Really...bullish? I keep hearing about mtgox from you the last year month or two on a regular basis.

FTFY

And y’all are still surprised by this dip?

You get that I’m a mtgox creditor and there’s people here who appreciate me sharing information that I know first hand since I get information that isn’t publicly available right? You guys are acting like I’m causing this dip. I just told you it was coming and that the support level was around $56,500.

[Hueristic]

Really...bullish? I keep hearing about mtgox from you the last year month or two on a regular basis.

FTFY

And y’all are still surprised by this dip?

Haha, I'm never surprised by what it does, never said such a thing.

Pointing out you have been pushing that Gox coins dump narrative for years now.

China ban bitcoin, AMIRITE?