Whoever sold, well,thanks for the cheap coins. I love this game! Now we can just sit and watch how $5k is crashed.
Fun, isn't it?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16484. (Read 26710114 times)
September 04, 2017, 05:04:48 PM
Fun, isn't it?
September 04, 2017, 05:03:56 PM
Confirmed?
needs moar confirmations to be sure 
September 04, 2017, 04:58:33 PM
Whoever sold, well,thanks for the cheap coins. I love this game! Now we can just sit and watch how $5k is crashed.
September 04, 2017, 04:57:02 PM
Confirmed?
September 04, 2017, 04:19:12 PM
As for bitcoin (segwit) on this log chart, these corrections don't look very serious at this time. Although it 'could' be a top I think unlikely, more of a correction.
September 04, 2017, 04:14:23 PM
By the way, hasn't Roach got his account back yet?
In times such as this, we could all enjoy some explanation on the power of precious metals - and especially silver.
In times such as this, we could all enjoy some explanation on the power of precious metals - and especially silver.
So funny and true. Incidently I've been keeping my on the PM market. Something happening there that's very telling. Major short positions closed and new longs opened... signals? This is all happening along with rise of Bitcoin. If Gold breaks 1350 again along with silver 20+, there could be major things on the horizon. Canary in coalmine? I guess we'll see.
Yes gold has very definitely broken out of its several years bear market. Undeniably back to bullish on gold.
Heres a chart of gold versus US$
September 04, 2017, 04:11:44 PM
yes, but you can short BTC with leverage, even high, almost naked. And if you have deep pockets or a money printer you can short forever. But I guess that now the lizards are undecided between milking and killing crypto.
There are limits. Most exchanges don't allow shorting. Those that do have a limited amount of BTC they can lend out. These limits won't be noticed by the small players but are very real for a larger player trying to move the market.
This is different from other markets where unlimited naked short selling is allowed and overlooked.
September 04, 2017, 04:08:37 PM
https://twitter.com/DanDarkPill/status/904794226168401920
So I was just reading this Chinese bounty-hunter forum, when I saw this. I don't understand Chinese, but looks bad.
Who's the ace of diamonds
September 04, 2017, 04:06:04 PM
By the way, hasn't Roach got his account back yet?
In times such as this, we could all enjoy some explanation on the power of precious metals - and especially silver.
In times such as this, we could all enjoy some explanation on the power of precious metals - and especially silver.
So funny and true. Incidently I've been keeping my on the PM market. Something happening there that's very telling. Major short positions closed and new longs opened... signals? This is all happening along with rise of Bitcoin. If Gold breaks 1350 again along with silver 20+, there could be major things on the horizon. Canary in coalmine? I guess we'll see.
September 04, 2017, 04:05:24 PM
There's a big, smart short with pockets deeper than a whale puss that's gonna wreck any futile attempts at recovery.
It's just the way it is. Don't shoot the messenger.
It's just the way it is. Don't shoot the messenger.
The problem for the big pocketed folks is that unlike the gold futures market or the stock market you can't naked short BTC. You actually have to have some to sell or borrow.
This makes the market much harder to control hence the weekend attempts when people can't get fiat onto an exchange.
What does the weekend even do to keep people from "getting fiat onto an exchange"? I've never understood this. Any wire will have to be sent days in advance anyway.
You seem to be conflating a couple of concepts. ACH deposits take several days; however, there are a large number of wire services that can go through in less than an hour. I have done several wire transfers that cost me only $15 and the amount of the wire does not matter, and there are likely similar services for other people - possibly they charge more - but their speed can be quick for those paid-for services and well worth the amount of money, if the sender believes that s/he can profit grater than the amount of the fee.
I know this may be crazy to conceive but have you possibly thought that there are people who both own a lot of BTC and a lot of fiat? I know, crazy right? Who'd think that the two would be in any way correlated.
You are again engaging in distraction here. You certainly can have a lot of money and if your goal is to merely attempt to debilitate bitcoin, then you can spend a lot of money in such an attempt to buy and sell at a loss. However if you don't want to lose money, then your options are going to be more difficult because sooner or later you are going to run out of coins.. sure, you may be one of the richest folks in the world, but even rich folks do not like to throw away money if it does not serve any purpose for them.
So, sometimes a lot of small buyers can overwhelm a group of whales because they run out of coins (that is if they keep selling them, sooner or later they will run out).
September 04, 2017, 04:00:19 PM
The problem for the big pocketed folks is that unlike the gold futures market or the stock market you can't naked short BTC. You actually have to have some to sell or borrow.
This makes the market much harder to control hence the weekend/holiday attempts when people can't get fiat onto an exchange.
This makes the market much harder to control hence the weekend/holiday attempts when people can't get fiat onto an exchange.
yes, but you can short BTC with leverage, even high, almost naked. And if you have deep pockets or a money printer you can short forever. But I guess that now the lizards are undecided between milking and killing crypto.
September 04, 2017, 03:57:39 PM
-FUD-
You are starting to come off as desperate, banker shill troll.
Starting?
September 04, 2017, 03:56:53 PM
This ICO clampdown crash panic reminds me of the panic after Silk Road was shut down by the Feds. At the time the forum was full of people proclaiming doom as the "only real market" for Bitcoins was gone.
Check out the price action on October 2 2013 if you want to know how that played out. ICO clampdown is good for BTC and the market will figure that out sooner or later.
Check out the price action on October 2 2013 if you want to know how that played out. ICO clampdown is good for BTC and the market will figure that out sooner or later.
Indeed.
Also consider last January's crash caused by the PBoC's investigation of the Chinese Exchanges and the ensuing panic. How did that play out in 2017?
Smart people recognized it as an excellent buying opportunity and profited greatly. Fools panicked and suffered.
Oct 2013 and Jan 2017 were watershed moments. Sept 2017 could be too.
Looking back, I am thinking that May 2016 was a watershed moment, too... because at that time, when prices broke above $500, it became kind of clear that we were no longer in a bear market...
September 04, 2017, 03:55:01 PM
https://twitter.com/DanDarkPill/status/904794226168401920
So I was just reading this Chinese bounty-hunter forum, when I saw this. I don't understand Chinese, but looks bad.
September 04, 2017, 03:54:36 PM
There's a big, smart short with pockets deeper than a whale puss that's gonna wreck any futile attempts at recovery.
It's just the way it is. Don't shoot the messenger.
It's just the way it is. Don't shoot the messenger.
You are starting to come off as desperate, banker shill troll.
September 04, 2017, 03:54:05 PM
Guys what do you think that is gonna happen in the market tonight?
I really feel that bitcoin will break to $4000 zone, and it will stay there for maybe a few hours or maybe days.
And then go up again, i am sure that this is gonna happen, right now the market is crazy and all altcoins are going down and up in matter of minutes. I have never seen that volume in the altcoin market.
by the way, this is a good zone to buy bitcoin right now
I really feel that bitcoin will break to $4000 zone, and it will stay there for maybe a few hours or maybe days.
And then go up again, i am sure that this is gonna happen, right now the market is crazy and all altcoins are going down and up in matter of minutes. I have never seen that volume in the altcoin market.
by the way, this is a good zone to buy bitcoin right now
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September 04, 2017, 03:53:21 PM
I wonder how many of these chinese officials hold bitcoin and for that matter SEC officials who make a killing shorting every time they decide to "regulate"
Psh, this is typical of the mental illness within the cryptocurrency community. There MUST be conspiracy and evil meddling afoot! There is no way that infinite ICOs which attempt to steal kid's lunch money could POSSIBLY be negative! You might be right but the Chinese government also have reason behind their action and is not their fault but the fault of the bad eggs which in some ways generate this scenario. I believe every thing be fine though, let's keep fingers cross.
September 04, 2017, 03:49:50 PM
I hate fucking haircuts 
September 04, 2017, 03:41:33 PM
What does the weekend even do to keep people from "getting fiat onto an exchange"? I've never understood this. Any wire will have to be sent days in advance anyway.
I know this may be crazy to conceive but have you possibly thought that there are people who both own a lot of BTC and a lot of fiat? I know, crazy right? Who'd think that the two would be in any way correlated.
Only those lacking in IQ leave a large amount of money on an exchange if they don't plan to actively trade with it. I have both fiat and Bitcoin very little of it is on an exchange.
I could move my BTC onto the exchange right now in response to a market change. For fiat the banks are closed until tomorrow in the USA.
This dynamic makes it easier to push the price down on weekends and holidays. If you want to get a sense of how much of this is going on compare Gemini exchange which requires wired funds with Coinbase app which allows you to buy straight from a checking account and is one of the only weekend/holiday fiat on-ramps.
As of this post
BTC Gemini is $4240
BTC Coinbase app is $4523
Almost a $300 spread. Actual spread is over $300 after Coinbase fees.
September 04, 2017, 03:39:27 PM
GDAX leading the charge 
Why GDAX is always 100/200$ higher than other exchangers? It is not nice to buy
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