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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14331. (Read 26608003 times)

legendary
Activity: 1045
Merit: 1157
no degradation
... the interesting part of the trustee GOXing was it took so few coins to accomplish a ~14k drop in price, i.e. 36,000 btc or ~$380 million spread over ~50 days.

The flip side to that being how high/fast BTC price can appreciate when similar sized inflows are experienced.
Yes, let's ignore the usual trading games and consider supply and demand.

I guess it was a big chunk for the ecosystem. The 'natural' amount added by mining during 50 days is 50 * 24 * 6 * 12.5 = 90k BTC at the moment. He added 36k or 40%. Let's say miners will sell just half of their mined BTC to cover running costs. Then Mr. Kobayashi added 80% to the natural supply...

If he really dumped this amount on exchanges not using OTC trades I would say it was at least good fuel for the FUD campaigns we've seen so far in Q1 and the price keeps up very well. Cool
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Another wannabe trader thinks he can analyse patterns, trends and support/resistance on the 5 minute chart.



Sigh.
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3892
Merit: 4331
legendary
Activity: 1652
Merit: 4393
Be a bank
member
Activity: 196
Merit: 19
Did we hit support at 9100?



We have been oscillating $1k above and below $10k for the last twenty days. If the trend continues we will be back up to $11k in another week or two.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Normally I'm pretty cool, able to laugh away these kind of movements.

...I'm just a newbie with about a year of experience, but this seems more intense.

Nope. Normal. Welcome to Bitcoin. All we really know is that years from now, it will be worth a helluvalot more than it is now. What it does in the meantime is rollercoaster.

Strap in.
full member
Activity: 638
Merit: 118
Did we hit support at 9100?

legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
I hope everyone was able to buy before March 5..........


https://www.youtube.com/watch?v=HP8sofAN4xc
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK         common stay in 5-digits make us happy and slowly go to LIST target    also thanks for the Smerits from time to time  Shocked  Roll Eyes
                                                                                                                                                          maybe not the most technical post this list but nice to see its apriciated by many of you  Roll Eyes
                                                                                                                                                           

[/quote]

Can’t believe I forgot to enter this one. I’ll take -

09/11/2018

Please
[/quote]

Mmm sorry next one This game is closed ,wouldn’t be fair for the rest that picked before the dip Wink
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
@deathangekno need to quote such a post

@Mic heb je merit gestuurd

Thanks Wink

@elg .... wel wat Belgen/Nederlanders aanwezig hier.....
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Breaking 24777$ prediction game      FINAL LIST       

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18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK         common stay in 5-digits make us happy and slowly go to LIST target    also thanks for the Smerits from time to time  Shocked  Roll Eyes
                                                                                                                                                          maybe not the most technical post this list but nice to see its apriciated by many of you  Roll Eyes
                                                                                                                                                           
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... the interesting part of the trustee GOXing was it took so few coins to accomplish a ~14k drop in price, i.e. 36,000 btc or ~$380 million spread over ~50 days.

The flip side to that being how high/fast BTC price can appreciate when similar sized inflows are experienced.
member
Activity: 196
Merit: 20
I have a conclusion that may be true:
Due to there is a big drop in Bitcoin within this period. So  I think the main reason for this crisis is that the capitalists ( who have a huge amount of Bitcoin) has sold a large proportion of their money, in order to decrease the value of BTC and the other currencies.
And their goal is to buy  again Bitcoin and some currencies ( like, Ripple, Ethereum..)  also they want to improve their profit rate in a long term .
What do you think guys?  Huh

Most of the users thinking to withdraw the big parts of their balance in crypto currencies. Because they needed it in the first quarter of the year, because there's a lot of opportunities opened and they trying to be part of this. However don't worry with regards to the value, because it will raise again.

Try to wait until 3rd to 4th quarter of the year, bitcoin together with the other crypto currencies are strengthening growing up and they can't stop it.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
lol

it's like bag on Jay Thursday

we should make this a weekly thing

Poor Jay

what?

With my proposal we give him 6 days off.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
.... if I was a trading type (i'm not) ... I'd be buying this ugly dip.
full member
Activity: 417
Merit: 220
Faster than a speeding bull run!!

More powerful than a locomotive meme!!

Able to fill pages with a single post!!

"look!  up in  the  WOT!....

 

it’s a rocket..

it’s a train....

NO....  its  WORDYMAN!!! "

 

Yes its Wordyman!

With many more powerful words  than mortal men...

Wordyman !

Types pages with his bare hands!

Able to arrange walls  of mighty rivers of text!

fights a never ending battle against the trolls!!

...fudsters!!

in the wordy way.....*


*(apologies to the ancient Superman show )

His posts always sound like this to me...



I always see this:

Quote
This user is currently ignored.

Just as repetitive, but more concise, more informative.
Tripple lol, I love this thread :-)
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
lol

it's like bag on Jay Thursday

we should make this a weekly thing

Poor Jay
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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