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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15598. (Read 26613347 times)

sr. member
Activity: 406
Merit: 361
New ATH on Bitstamp $11920   Smiley

Finex is having a nap.
legendary
Activity: 3066
Merit: 1188
a) If you honestly believe this FUD crap

It's not FUD. It's a coherent and thought about opinion on how the market dynamics could work when a futures market is introduced. Please stfu with your FUD accusations unless you've got a reasonable contribution to make that challenges the scenario. I'll be quite happy to entertain it.
legendary
Activity: 2520
Merit: 3038





This should be spread among all hodlers. Not to spread FUD, but to inform everybody about it.

The sharks are pumping the price right now. Just hodl it.


Indeed.

It wasn't my intention to spread FUD. Rather to make people aware of the manipulation they're about to be exposed to. The only way to combat it is to decouple the behaviour of the cash and futures markets as much as possible.

The only way to do that if for people to *want* to hold bitcoin the asset as opposed to bitcoin the derivative or USD cash. That means they'll need to resist the tendency to value BTC in terms of fiat currencies and instead value it for its utility, store of value and future-proofing qualities.

i.e. hold through-ought dips and crashes.
Of course. Extreme case: with everyone keeping their bitcoins and never selling, the Wall Street sharks can't buy "real" bitcoin, so their profits can only come on the derivatives side. For example, when they short massively, they can gain on cash-settled futures if the price goes down - provided there's a sucker who's longing those futures. If no hodler engages in derivatives trading, the sucker would be some trader - possibly another Wall street shark on the other side.

The logical question then is: what can a minnow do apart from hodling? Is there a way to benefit from swings in the derivatives market without touching one's btc stash?
sr. member
Activity: 406
Merit: 361





This should be spread among all hodlers. Not to spread FUD, but to inform everybody about it.

The sharks are pumping the price right now. Just hodl it.


Indeed.

It wasn't my intention to spread FUD. Rather to make people aware of the manipulation they're about to be exposed to. The only way to combat it is to decouple the behaviour of the cash and futures markets as much as possible.

The only way to do that if for people to *want* to hold bitcoin the asset as opposed to bitcoin the derivative or USD cash. That means they'll need to resist the tendency to value BTC in terms of fiat currencies and instead value it for its utility, store of value and future-proofing qualities.

i.e. hold through-ought dips and crashes.

My head hurts after reading this.

a) If you honestly believe this FUD crap you should put your money where your mouth is and short bitcoin & buy the dip.
b) Otherwise, shut up and stop spreading stupid FUD.

If you spread FUD, I assume it's A.

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I think everyone is just asleep at Bitstamp €. 
legendary
Activity: 3066
Merit: 1188





This should be spread among all hodlers. Not to spread FUD, but to inform everybody about it.

The sharks are pumping the price right now. Just hodl it.


Indeed.

It wasn't my intention to spread FUD. Rather to make people aware of the manipulation they're about to be exposed to. The only way to combat it is to decouple the behaviour of the cash and futures markets as much as possible.

The only way to do that if for people to *want* to hold bitcoin the asset as opposed to bitcoin the derivative or USD cash. That means they'll need to resist the tendency to value BTC in terms of fiat currencies and instead value it for its utility, store of value and future-proofing qualities.

i.e. hold through-ought dips and crashes.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Spending is easy. Just use the sweep option of a mobile wallet. In Mycelium  wallet, tap the 3 little dots in the upper right corner and choose "Cold Storage".

This will allow you to transfer all the coins to your wallet app. If you don't want to spend all your coins immediately, you can transfer the remainder to another paper wallet.

This is why I prefer to keep my coins in many wallets. You can sweep a wallet with only as many coins as you want to spend or feel comfortable carrying in your phone.

with the mycelium mobile app you can also sweep from paper wallet directly to another wallet, not just into mycelium. for example i swept a paper wallet directly to my trezor with it when i was splitting bcash out from it.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Grats to all of us.  That looks very nice indeed Alcohodl.  
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
This should be spread among all hodlers.

The sharks are pumping the price right now.

That's what bigger fish than you or I have been doing since 2010 anyway. There'll just be more zeroes on the end.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Ladies and gentlemen. It is my great pleasure to announce a historic event in Bitcoin's unstoppable march to infinity. Today we have reached a new All-Time-High, one of special significance, that brings Bitcoin to 5-digit € values in Euro-Land!

BTC ATH @ Kraken!
10,000 €

To mark this special event, I'm offering you some of my unpublished original artwork, made for, and dedicated to all participants of the WO thread here at BitcoinTalk, for your viewing pleasure. The image posted is in 720p (1280 x 720 pixels) resolution. For those interested in using it as a desktop wallpaper for larger screens, or for other uses, please let me know and I will post versions in 1080p (1920 x 1080 pixels) and 4K (3840 x 2160 pixels) resolutions.

To the Moon and BTCeyond!
Enjoy!

sr. member
Activity: 1400
Merit: 347





This should be spread among all hodlers. Not to spread FUD, but to inform everybody about it.

The sharks are pumping the price right now. Just hodl it.
legendary
Activity: 3066
Merit: 1188
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

"They can shut down Bitcoin in the blink of an eye by simply defining anyone who is a miner to be a financial institution."

Wut?

They're going to need rather a lot of round the world tickets for that, plus agents in every single building on Earth simultaneously.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Gdax through the wall.  10100 €
sr. member
Activity: 406
Merit: 361
legendary
Activity: 2338
Merit: 2106
€9999.70 on stamp.

why is it harder to cross €10k than $10k ?

edit:9999.99 lol
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
those are delicate ecosystems, important for migratory avian and other species

no

don't do that
full member
Activity: 154
Merit: 101




I don't think there is 'one' cartel moving coordinated attacks (there might be but seems strange) - remember to make money there must be a sucker on the derivatives side!
Eventually they will have to fight each other for profit
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