Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14818.

flynn

hero member

Activity: 728

Merit: 540

Quote from: Elwar on February 01, 2018, 04:21:56 PM

Quote from: flynn on February 01, 2018, 04:06:16 PM

ok

I'll say it :

Who sold at bottom ?

I paid for a hotel room on Expedia when the price was at like $8600 or so.

On the other hand, it's the first time I've spent bitcoins in a while because the transaction fees didn't make it worth it. I paid $300 for the room and only paid $1 in fees (could have lowered the fee if I wanted).

I gave you 1 merit for the pain.

Or else I said that because it's supposed to officially end the dip

But when I say it, nothing special happens of course ...

Biro Bob

full member

Activity: 308

Merit: 146

Quote from: toknormal on February 01, 2018, 02:58:55 PM

I think the idea of "Guvs" and big banks was to buy up all know bitcoin in sight during the last 8 months of 2017, drive the price up to kingdom come and then slam the market into the ground in attempt to destroy confidence in bitcoin as an asset.

They had to do that to avoid the worldwide debt bubble being "pricked" by bitcoin.

May or may not work.

I also think this would account for some of the bizarre dumpfests...

Ie.. ‘Hey look! Bitcoin is recovering and seems to be gaining momentum and may end this month/week on a high ... let’s dump the shit out of it... so it doesn’t end the month/week on a high an I can maximise my...er....losses!!’

Yep. That seems legit!

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: Cassius on February 01, 2018, 03:17:14 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

If that was the case I don't think it is even fraud. They were ultimately issuing tether in $100 million chunks which is a small percentage of the total. As soon as most the previous ones were already covered by USD from the sale of BTC they had enough money to cover just the latest issued Tether by their OWN USD. I can't see why that is fraud.

If Tether were backed not by USD but by other different assets (ie: BTC) that would be a much different thing and a clear fraud even if at some point of time those BTC were theoretically worth double or more than the amount of USD being backed.

Of course this is all speculation.

ImI

legendary

Activity: 1946

Merit: 1019

Anyone here from 2013?? Cool

https://www.youtube.com/watch?v=K2ku1A5Ox8U

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: flynn on February 01, 2018, 04:06:16 PM

ok

I'll say it :

Who sold at bottom ?

That would be me. My weak hands just couldn't HODL any longer. Ranks up there in one of the dumb moves that I have made. Cheesy

Probably, because at 3:00 am in the morning, I got up to use the restroom and looked at the charts. Been up ever since, looking at the charts more than actually working. Cheesy

Exhausted and cranky, I just dumped during my lunch break. Oh well, at least I still have 70% of my holdings in the private keys stored on my Trezor.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: becoin on February 01, 2018, 04:19:40 PM

Quote from: Cassius on February 01, 2018, 04:09:42 PM

Quote from: becoin on February 01, 2018, 03:51:08 PM

Quote from: Cassius on February 01, 2018, 03:34:57 PM

Quote from: becoin on February 01, 2018, 03:31:20 PM

Quote from: Cassius on February 01, 2018, 03:17:14 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

It doesn't make sense.

Quote

The timing of the creation of new USDT. Analysts have noted this often happens at critical moments, for example when the market is falling sharply or is threatening to breach a significant technical level. That would make sense if Tether are using those opportunities not only to buy cheap BTC, but potentially to manipulate prices higher in order to sell them at a better rate.

Bullsh!t. Every margin trader is doing that.

True. Though not every margin trader gets to print the currency with which they buy BTC.
It's pretty well accepted that the creation of new USDT tends to occur at key points in the trading cycle.

Margin traders borrow money that might or might not exist at the time trade is done. That's what banks are doing all the time while trading. They borrow overnight to finance their trading positions.

Nobody knows in advance where are the key points in the "trading cycle". Those points become key points only after somebody invests a lot of money buying or selling. In this case acquiring a lot of USDT and selling them for BTC.

By minting 100m usdt, Finex become the trading cycle. That's the whole point.

Every central bank is the trading cycle for their respective currency. USDT is a private currency of Fiinex. It is quite natural if Finex defines the trading cycle of USDT.

Fed is the trading cycle for USD. Finex is the trading cycle for USDT. Get used to it and move on!

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: flynn on February 01, 2018, 04:06:16 PM

ok

I'll say it :

Who sold at bottom ?

I paid for a hotel room on Expedia when the price was at like $8600 or so.

On the other hand, it's the first time I've spent bitcoins in a while because the transaction fees didn't make it worth it. I paid $300 for the room and only paid $1 in fees (could have lowered the fee if I wanted).

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: Cassius on February 01, 2018, 04:09:42 PM

Quote from: becoin on February 01, 2018, 03:51:08 PM

Quote from: Cassius on February 01, 2018, 03:34:57 PM

Quote from: becoin on February 01, 2018, 03:31:20 PM

Quote from: Cassius on February 01, 2018, 03:17:14 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

It doesn't make sense.

Quote

The timing of the creation of new USDT. Analysts have noted this often happens at critical moments, for example when the market is falling sharply or is threatening to breach a significant technical level. That would make sense if Tether are using those opportunities not only to buy cheap BTC, but potentially to manipulate prices higher in order to sell them at a better rate.

Bullsh!t. Every margin trader is doing that.

True. Though not every margin trader gets to print the currency with which they buy BTC.
It's pretty well accepted that the creation of new USDT tends to occur at key points in the trading cycle.

Margin traders borrow money that might or might not exist at the time trade is done. That's what banks are doing all the time while trading. They borrow overnight to finance their trading positions.

Nobody knows in advance where are the key points in the "trading cycle". Those points become key points only after somebody invests a lot of money buying or selling. In this case acquiring a lot of USDT and selling them for BTC.

By minting 100m usdt, Finex become the trading cycle. That's the whole point.

Every central bank is the trading cycle for their respective currency. USDT is a private currency of Fiinex. It is quite natural if Finex defines the trading cycle of USDT.

Fed is the trading cycle for USD. Finex is the trading cycle for USDT. Get used to it and move on!

Cassius

legendary

Activity: 1764

Merit: 1031

Quote from: becoin on February 01, 2018, 03:51:08 PM

Quote from: Cassius on February 01, 2018, 03:34:57 PM

Quote from: becoin on February 01, 2018, 03:31:20 PM

Quote from: Cassius on February 01, 2018, 03:17:14 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

It doesn't make sense.

Quote

The timing of the creation of new USDT. Analysts have noted this often happens at critical moments, for example when the market is falling sharply or is threatening to breach a significant technical level. That would make sense if Tether are using those opportunities not only to buy cheap BTC, but potentially to manipulate prices higher in order to sell them at a better rate.

Bullsh!t. Every margin trader is doing that.

True. Though not every margin trader gets to print the currency with which they buy BTC.
It's pretty well accepted that the creation of new USDT tends to occur at key points in the trading cycle.

Margin traders borrow money that might or might not exist at the time trade is done. That's what banks are doing all the time while trading. They borrow overnight to finance their trading positions.

Nobody knows in advance where are the key points in the "trading cycle". Those points become key points only after somebody invests a lot of money buying or selling. In this case acquiring a lot of USDT and selling them for BTC.

By minting 100m usdt, Finex become the trading cycle. That's the whole point.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: flynn on February 01, 2018, 04:06:16 PM

ok

I'll say it :

Who sold at bottom ?

the bottom was 10k

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: fabiorem on February 01, 2018, 11:35:37 AM

Quote from: Thekool1s on February 01, 2018, 11:32:54 AM

BTC has seen worse... These are Rookie figures.. These need to be "pumped" up to make new hodlers feel what its like to hodl... Wink

I'm seeing this as a kind of a "initiation" into the cult.

Get out of here with your "cult" exaggeration bullshit. Roll Eyes

flynn

hero member

Activity: 728

Merit: 540

ok

I'll say it :

Who sold at bottom ?

Dakustaking76

sr. member

Activity: 579

Merit: 267

Quote from: rafanadal on February 01, 2018, 03:45:03 PM

Quote from: Dakustaking76 on February 01, 2018, 03:42:11 PM

Quote from: Elwar on February 01, 2018, 03:37:45 PM

Quote from: toknormal on February 01, 2018, 03:28:43 PM

If the price goes down to $6k I'm selling it all because obviously the graph will flip and the price will go negative.

Never sell boy! Until the Next halving

Yes the next halving, price will double

from 5 dollars to 10. Tongue

I have nothing to lose, i Will get rich ore i Will stay the same like now..
And if your not for btc then move out And fuck your selfff hater

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

next 72h are critical!

MelMan2002

sr. member

Activity: 461

Merit: 251

FOMO train revving its engines

serveria.com

legendary

Activity: 2478

Merit: 1220

Privacy Servers. Since 2009.

Hold the line, bitches, just hodl the line! Angry

Don't you even try to sell!

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: Cassius on February 01, 2018, 03:34:57 PM

Quote from: becoin on February 01, 2018, 03:31:20 PM

Quote from: Cassius on February 01, 2018, 03:17:14 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

It doesn't make sense.

Quote

The timing of the creation of new USDT. Analysts have noted this often happens at critical moments, for example when the market is falling sharply or is threatening to breach a significant technical level. That would make sense if Tether are using those opportunities not only to buy cheap BTC, but potentially to manipulate prices higher in order to sell them at a better rate.

Bullsh!t. Every margin trader is doing that.

True. Though not every margin trader gets to print the currency with which they buy BTC.
It's pretty well accepted that the creation of new USDT tends to occur at key points in the trading cycle.

Margin traders borrow money that might or might not exist at the time trade is done. That's what banks are doing all the time while trading. They borrow overnight to finance their trading positions.

Nobody knows in advance where are the key points in the "trading cycle". Those points become key points only after somebody invests a lot of money buying or selling. In this case acquiring a lot of USDT and selling them for BTC.

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Am I still the only one that finds it ironic bob was telling everyone to "HODL" while he was dumping everything that wasn't nailed down? LOL. No, wait...it gets better...then he comes back and talks about...he just bought two Porsches in the garage, and probably some municipal bonds that are obviously getting defaulted on and going to zero.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: rezurect007 on February 01, 2018, 11:02:44 AM

Quote from: rezurect007 on February 01, 2018, 08:59:23 AM

Quote from: rezurect007 on February 01, 2018, 08:24:26 AM

Quote from: rezurect007 on February 01, 2018, 08:02:01 AM

Quote from: rezurect007 on February 01, 2018, 06:29:48 AM

Quote from: rezurect007 on January 30, 2018, 01:46:21 PM

2000 BTC wall @9500
https://i.imgur.com/2ljIwpy.png

Moving Wall Tracker: 2000BTC @ $9300
https://i.imgur.com/FJkcAwC.png

2000 BTC Wall splits:
1000@$9300
1000@$8500 - Appears and disappears repeatedly
https://i.imgur.com/zoMnrF0.png

Wall is pulled completely:
https://i.imgur.com/vzRenc5.png
Note: Walls keeps popping up and disappearing

1000 BTC Wall retreats to $9200
https://i.imgur.com/GU6KFzl.png

Wall retreats to $9100
https://i.imgur.com/ytxf35A.png

Mustn't we conclude: "That wall isn't real."

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: El duderino_ on February 01, 2018, 10:54:52 AM

So i read the Many Many predictions that we can actually fall a little deeper specialy with the extra FUD throwing @us (seems like extra highlighted days for those FUDspreaders) but like most i also believe there is much of positive things Going on and we must again look further than al of This FUD and focus on the more important and fundamentels of the sector , a few offers of the great news like Samsung gig on bitcoin miningchips production, appraising Words from CEO of twitter on bitcoin..., adoption from Japan , southkorea ( NOT banning btc), attention from big thinkers of This time like elon musk, nasim taleb.....
So maybe Just This are very good prices for new peoples to get involved and for others to invest a little extra
Or am i Wrong ?

Now I am beginning to recognize the genius in your BTC give away plan.... Give portions of your BTC away if the price goes up towards and past ATHs in order to build good Karma... And, if BTC prices go down, you don't have to give away nuttin. Cheesy

On a more serious note: Of course, you are correct with your above statement. The BTC fundamentals have not changed, so in that regard, there should be buying and continued buying on the way down, in spite of the downward price pressures that are based on manipulation and FUD spreading. If you buy on the way down, you are likely to profit.. even if it takes 5 years... ... hopefully the time frame is not that long.. and we are decently likely to be in ATH territories once again in the coming 4 to 18 months... which would be more than a doubling return on any investment made during these dipping times... good odds, good odds.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14818. (Read 26709421 times)