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

[adamstgBit]

typical battle speech before we fearlessly march to certain doom.

[1715352608]

1715352608

[vuduchyld]

Methinks megawhale is going to squeeze the shorts to death with invisible bid wall on Bitfinex.

Possible, but...cui bono?

Who benefits?

I'm not trying to push some hidden agenda and to avoid earlier confusion I caused, I think there is a difference between INFLUENCING price and MANIPULATING price.  

I'm not even saying that it is happening.  But IF it is, I can't imagine that anybody benefits from big rise before 9/1.  I'd personally expect another 9-10 days of massive volatility.  I don't have ANY facts to base this on.  It's pure speculation, which means I'm in the right subforum.

Personally, I made several buys under 470 that I didn't think I'd get to make.  Got to accumulate a little more than I'd expected, and I have powder dry because I'm going to back up the truck again if we get to 435-440.  If we don't, that's cool, too.

Ultimately, I'm a HUGE believer in the longer term.  Ran through some more calculations today and I'm as convinced as ever about VALUE.  Price is short term and it can vary massively from true value.  Right now we have a divergence between price and value, and I'm a BUYER.  I think I'll get more chances, too.

[shmadz]

Leverage is evil in general and shorting on leverage with margin is terrible idea in crypto, for all but the very best of traders....with deep pockets, not only for the individual but for crypto in general leverage sucks balls... as the flash twatage on BTCe  shows... useless leftover from the dying system... what is wrong with shorting thr traditional way? no for some reason, do it on borrowed funds, where you can get hunt stopped  seems like a reasonable idea for some...  wonder why? oh greed...  really wish leverage and margin trading never made it across to BTC personally... and I generally do not touch it... once upon a time with some low priced silver and low leverage sure.. but that really DID make sense.. and it was long not short.  

Meat and bone.....churn...churn...churn.... profit for exchanges churn churn hunt stop hunt stop swing churn, burn and fuck the consequences to the market, well there we go


Leverage is in general evil....think of it the same way as a casino... the odds are not on your side...of course, and if they were do you really think that an exchange/or broker would offer you "free money" to gamble with ?


Man each to their own... and those with the skills and the bankroll of course it can be childs play... in the long run most everyone else as in 90% of people get put through the grinder until they become so despondant they quit at a major loss, seen it over and over and over again.. sure there are some winners.. but much like a poker table... if you are looking around trying to figure out who the sucker is.... then it is most likely you.


Be careful out there.

 

I had to try leverage for myself just to see if it could offer me anything, but the combination of the spread and the interest on the outstanding bets made me realize that after spending the last 20 years getting out of debt, why bother borrowing and gifting someone else a cut of my earnings.

[wingsfan23]

https://www.youtube.com/watch?v=j-fWDrZSiZs&t=45s *waves a lighter* 

haha thats what it feels like when all my family is saying "you lost 25% in one week?"

[Walsoraj]

Methinks megawhale is going to squeeze the shorts to death with invisible bid wall on Bitfinex.

Possible, but...cui bono?

Who benefits?

I'm not trying to push some hidden agenda and to avoid earlier confusion I caused, I think there is a difference between INFLUENCING price and MANIPULATING price.  

I'm not even saying that it is happening.  But IF it is, I can't imagine that anybody benefits from big rise before 9/1.  I'd personally expect another 9-10 days of massive volatility.  I don't have ANY facts to base this on.  It's pure speculation, which means I'm in the right subforum.

Personally, I made several buys under 470 that I didn't think I'd get to make.  Got to accumulate a little more than I'd expected, and I have powder dry because I'm going to back up the truck again if we get to 435-440.  If we don't, that's cool, too.

Ultimately, I'm a HUGE believer in the longer term.  Ran through some more calculations today and I'm as convinced as ever about VALUE.  Price is short term and it can vary massively from true value.  Right now we have a divergence between price and value, and I'm a BUYER.  I think I'll get more chances, too.

Shut the fuck up and buy. Thanks. 

[Kupsi]

https://www.youtube.com/watch?v=j-fWDrZSiZs&t=45s *waves a lighter* 

This is my favourite:

https://www.youtube.com/watch?v=W9mZmCAR10g

PS: It ended well 

[adamstgBit]

LET YOUR VOICE BE HEARD
buy Buy BUY!!!

This is not investment advice, this is war. TM

[chriswilmer]

http://coinorama.net/

Bid sum shows signs of recovering. Probably at bottom (for today).

This turned out to be an epic call of unprecedented precision.

I demand respect and adoration from every bull in this thread. A brief statement about how awesome I am will suffice for now.

Everyone should know that Walsoraj is the ultimate bottom indicator. All hail Walsoraj.

[adamstgBit]

okcoin breaking away on volume

[mjk79]

https://www.youtube.com/watch?v=j-fWDrZSiZs&t=45s *waves a lighter* 

The comments are the best part!

[shmadz]

I would laugh if spiderlady pulled a Dr octopus and tanked on the wink etf.

This just feels like people trying to front run a deal by trying to keep the price low, and then setting up hidden walls to scoop up cheap coins in advance of good news.

I dunno

[grappa_barricata]

[ImI]

I dunno

exactly 

[Sandokan_]

Hello all, after years of reading on these boards i decided to finally create an account.

Just want to give my support for the bulls , im a true believer.

[wingsfan23]

Hello all, after years of reading on these boards i decided to finally create an account.

Just want to give my support for the bulls , im a true believer.

Confirmed. Going max long

[Kupsi]

Hello all, after years of reading on these boards i decided to finally create an account.

Just want to give my support for the bulls , im a true believer.

That's the spirit!

[vuduchyld]

Methinks megawhale is going to squeeze the shorts to death with invisible bid wall on Bitfinex.

Possible, but...cui bono?

Who benefits?

I'm not trying to push some hidden agenda and to avoid earlier confusion I caused, I think there is a difference between INFLUENCING price and MANIPULATING price.  

I'm not even saying that it is happening.  But IF it is, I can't imagine that anybody benefits from big rise before 9/1.  I'd personally expect another 9-10 days of massive volatility.  I don't have ANY facts to base this on.  It's pure speculation, which means I'm in the right subforum.

Personally, I made several buys under 470 that I didn't think I'd get to make.  Got to accumulate a little more than I'd expected, and I have powder dry because I'm going to back up the truck again if we get to 435-440.  If we don't, that's cool, too.

Ultimately, I'm a HUGE believer in the longer term.  Ran through some more calculations today and I'm as convinced as ever about VALUE.  Price is short term and it can vary massively from true value.  Right now we have a divergence between price and value, and I'm a BUYER.  I think I'll get more chances, too.

Shut the fuck up and buy. Thanks. 

Seriously, you are my favorite poster today, by far!!!!!  LOL!

[shmadz]

A mortgage? Man, I don't know. I think it is the worst way you can lock yourself into a life-time of debt, and for what? A house and a car? I have bigger plan. I want to live in 5 star hotels around the world drinking grappa barricata all day long. Or die trying. 

I just had to quote this and hand out the newbie post of the month award.

I don't know what grappa barricata is but welcome to the conversation newbie!
 

[blade87]

Nice buys to whoever bought $350 BTC and $3.50 LTC. DRK has also doubled in price today.

[adamstgBit]

now okcoin, hobi and btcchina have broken resistance.