Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14898. (Read 26723980 times)

This will only lead to direct use of retailer acceptance and bypassing the banking system and accepting crypto as the standard currency. Ultimately giving even more value to the cryptosphere.


I think the banks are performing suicide!!!     ... I think the japanese ordered them to entertain them with some more  of them hara-kiri's.

https://www.youtube.com/watch?v=N6RB62gHO6U

Why do you presume they are selling on their own exchange? They are in position to move fiat between the exchanges, which their customers can not do as easily as them. If you were in their place, wouldn't you do exactly what they are doing to cover the obvious?

You got plenty of merit already, and if you were to recover your old account, then you likely could achieve even more merit.

Regarding your predictions, tone, substance, humour, etc... Sure many of us engage in various kinds of exaggerations to make our points or even to figure out reactive effects.

Regarding the receipt of merit for either substance humor or whatever, sometimes there can be purpose and sometimes there can be some randomness as well.  Don't you think?  In recent times, this thread generates between 5 to 30 pages in a day.  Sometimes posts get missed or people do not feel like giving merits, or they run out of smerits or a variety of reason.

Oh, based on your response, I am not sure whether to conclude that you sold 50% at $18,800 ... hm?  When it gets to this level of representation, I, personally, try to keep any of my exaggerations within reason... because surely there can be a lot of variation in what to do regarding how you play the various ups and downs, it is not frequent that anyone is going to maximize on trades, unless just getting lucky.

Just bizar to see the bot activity at GDAX now placing buy and sell orders of 0.001 BTC with 1 dollar spread to manipulation the price down

Have you heard of the new stance of the Gov. in India about "blockchain" and "Bitcoin" ?? You'll get your fill of drama in our new budget for this year.

If any of this conjecture were true, Bitfinex would be trailing in price not leading.

Can you not see that most of my posts are either just flat out jokes or saying what COULD (not will) happen? I make very few "predictions" - most are very short term. For example here is a prediction I made:

Within the next hour it both filled the 1600B wall and went up $300. I got no merit for this post.

Target is already on view, now.



Source : https://www.zerohedge.com/news/2018-02-01/gold-jumps-bonds-stocks-dollar-bitcoin-all-slump

Tera Beara.  If what you are saying is true, you are going to be doing pretty good if you buy some back, at some point and if you don't wait to buy back at $17k... hahahahahaha.   

Is that called an emerging stegosaurus chart formation?

Thats when they will gox their users. I dont understand these people who let their money sitting on exchanges, when we have all kinds of wallets for personal use.

In general, it's very unlikely that a bitcoin exchange can go bust - unless it is massively hacked or its assets are confiscated by governments. Most of this fud-storm with finex is probably aimed to send the government at its door.

Exchanges have plenty of ways to make money, whether in an ethical or unethical manner... probably so many that I lack the imagination to cover all of them. They can claim shitforks and dump them for tens/hundreds of millions, they can manipulate their own markets, they can make money on trading fees, they can make money on withdrawal fees, they can frontrun their clients (since they know what kind of fiat is deposited and when the client clicks the "buy btc" button), they can issue their own tokens and get money from the spreads (like if you sell tethers for less than 1$), they can get multi-million bribes to include shitcoins, perform ICOs, etc etc etc.

And even if things go wrong, by a hack or something, they can issue a few stocks of their own company to new shareholders, showing how their business plan can generate tremendous profits in a booming market, and raise capital from there to cover the unfortunate event.

Exchanges don't even need to play the fractional reserve card nowadays... They are making too much money to question their solvency.

Having said that: Don't leave money in exchanges.

if i only had the balls to sell my house and go all in

Not just you my friend!!!!

Welcome and good first post.   

Interesting. I also never would have gotten into bitcoin early if not for some kandi kid telling me about the silk road. However, once I learned and got fascinated with the technology, I forgot about the silk road and was solely focused on trading and mining. Its not easy to trade on drugs - the mind is slow and the chart does wierd shit on its own. I hope youre not still getting mdma in the mail - thats a bad idea - its bulky and dogs can smell it, not to mention it is neurotoxic,

You dont have to give an excuse to sell 50%. Thats a very rational thing to do if youre dealing with 6-7+ digit figures and you want to diversify and make youre set for life. I sold half at $18,800. Only if you sodl all would you need to confess.

People, things are not complicated, this is not some kind of natural disaster, what is happening is that scammers at Scamfinex have to produce 1 US$ for every 1 USDT they produced out of the thin air, or they will go to jail. No matter how low the price is, they have no choice but to sell BTC, there's no other way they can produce US$. Point is they can not sell your coins, they can only sell theirs. It's that simple, why would anyone care if they loose the whole sum they've acquired through scam? They can either sell enough to cover the scam, or fail and go to jail. Sooner or later they will run out of BTC and the line will be drown under, their BTC will be in someone else hands, but your BTC will remain in yours. It's that simple, as someone said 1 BTC will always be 1 BTC, there's no reason to fear of their failure. Only way you can fail is to sell your coins, otherwise you can not lose because this is not your game that is happening right now.

I'd feel guilty if I didn't share with you guys - join me and eat up...

A much better idea than selling at this point even if we do go down further.

I am really tempted to go and actually purchase some bitcoins......