Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19865. (Read 26609605 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Recently Coinbase has been engaging in various promotionals to lower fees and increase their volume, so it should be no secret NOR conspiracy that their volume would likely increase, in part, because of their promotional efforts.

Kids say the darnedest things.



^ https://cryptowat.ch/coinbase/btcusd/4h

Why don't you engage a bit about the point that you are attempting to make rather than merely employing a patronizing tone?   Roll Eyes Roll Eyes    Tongue

'Engage a bit'? You mean that huge red spike that pops out of nowhere to tower over everything else ain't enough?
Must've been pretty awesome 'promotional efforts,' like 'Trade one 1 BTC, get 10 BTC free!'






Well, I am glad that you are capable of words, beyond mere apparent attempts at denigration.

I, for one, do not claim to know everything in the bitcoin space, and I am merely attempting to contribute to the conversation in this thread. 

Sometimes, I become a bit jaded myself when I view multiple postings that do not appear to be considering plausible and reasonable explanations for strange events, but instead appear to take advantage of situations to devolve the conversation into outrageous proclamations and as exaggerations and attempts to find conspiracies everywhere. 

Surely I believe that there are a multitude of varying degrees of insiders attempting various manipulations and attempts to make easy money, but not every strange occurrence is clearly explained as a pure manipulation and without plausible fair dealings, at least part of the explanation.


Yes, the spike seems quite an anomaly.



legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
... silver ... bitcoins ... which is best deal ??........

We won't know for some time which is the better deal. They're both likely a safer bet than USD - at least for the long term.
legendary
Activity: 1106
Merit: 1007
Hide your women


Coinbase HUGE volume?? very abnormal for "Coinbase", daily avg 5k a 7k???!

Coinbase is regulated and I think their reported volume is more likely to be accurate.  Volume like that may indicate a sea change.
legendary
Activity: 1092
Merit: 1000
fed meeting is weds.. raise rates or not to raise rates.. bitcoin is up while gold and silver is down.. buy silver now while it is under 14.00 or buy bitcoins over 440.00 ?? i do not believe they will really raise rates. either way weds is the day we will find out and see what happens. i have this feeling that metals is going to get harder to obtain. i was in a shop today that had 2015 silver eagles priced at $19.00 if buy 100 or more coins.. that is still a good price at $5.00 over spot if you consider silver was $30.00+ a few months ago.. although the same shop had engelhard 100oz bars for $15.50 an oz if you bought more than one. which btw.. they stopped making 100oz engelhard bars in 2006. .. coinbase has bitcoins at $446.00 each. which is best deal ??........
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
finally, someone put a wall on finex.

(sorry for off topic)

Meanwhile, the intimidation wall at Coinbase was cut in half. Same coins?
legendary
Activity: 1512
Merit: 1000
finally, someone put a wall on finex.

(sorry for off topic)

I think bears are preparing a push down. To many longs...

I think a lot of those longs are fake to entice, along with the ask walls, traders to take short positions.

Psychological games have been playing out for some time now.
sr. member
Activity: 442
Merit: 250
finally, someone put a wall on finex.

(sorry for off topic)

I think bears are preparing a push down. To many longs...
legendary
Activity: 1652
Merit: 1029
finally, someone put a wall on finex.

(sorry for off topic)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
In the last 10 mins, there were arb opps spanning 14 exchange pair(s), yielding profits ranging between $0.00 and $716.76

I took advantage of the $0.00 arb.
sr. member
Activity: 420
Merit: 250
In the last 10 mins, there were arb opps spanning 14 exchange pair(s), yielding profits ranging between $0.00 and $716.76
legendary
Activity: 1106
Merit: 1007
Hide your women
on BFX:

~ 3 million coins margin long. That's ~20% of all coins in existence! Anybody rich could crash this market. I'm paying 0.5% interest every 100 days, there are so many coins available for shorting. All I have to do is wait.


So what's going to happen first, the Fed raising rates and crushing all dollar denominated assets or full blocks causing a fee spike and a network slowdown?

Go to Cryptofacilities.com, contracts trade at a ~60%/year premium, so you earn interest for shorting.

Also, where do you see 20% of coins long? Total swaps are 25M$, that's less than .5%.

Yeah, I screwed up.  it;s about 57,000 coins. Thanks for catching that.

This is what is called a low volume melt up.  $2 million in margin longs opened in the last 24 hours so more than the entire 1.6% rise has been caused by leveraged trading.  

according to the order book, it will take ~ $5 million more to get to $500. it's take between $2-3 million on stamp just to get up to last Friday's high.

We're at almost 3X the $162 low in August. It's hard to imagine a sustainable rise without one or more serious tests of support.




legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
I have Assburgers!

OMG, what's going on with your shitcoin?! Shocked

Any news?
This 20% price decreasing/day is brutal.

Cheesy

Lol, I hadn't noticed he headed the thing!

Cheating tofu-eating-hippies out of their money. Pure evil.
Roll Eyes I was not the creator of the crypto, I help the community organize bounties and community efforts to give use to the crypto. Before I began the help of organizing the community, it was rather dull. Again, no one is forcing you to hodl, or buy. Kindly park the FUD at the door. Wink Otherwise, feel free to stake, and use Sprouts to buy Sampey's trading bot, or feel free to use them at the DICE site. In fact, feel free to grab some from the multiple faucets that pay out daily. When PayServices has the official launch, you will be able to convert Sprouts into 50+ cryptos, 100+ National Fiats, and 20+ community currencies.

No FUD, this will not affect BTC. You are a colourful character, that's for sure.
sr. member
Activity: 442
Merit: 250
When margin was started they said they would allocate 500k$ to margin funding. Unless that has been increased a lot, it's really no big deal.

Agree that 500k$ isn't a big deal, but it will take time to push the price up more. Also bears will try to call those positions.
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
on BFX:

~ 3 million coins margin long. That's ~20% of all coins in existence! Anybody rich could crash this market. I'm paying 0.5% interest every 100 days, there are so many coins available for shorting. All I have to do is wait.


So what's going to happen first, the Fed raising rates and crushing all dollar denominated assets or full blocks causing a fee spike and a network slowdown?





 




Go to Cryptofacilities.com, contracts trade at a ~60%/year premium, so you earn interest for shorting.

Also, where do you see 20% of coins long? Total swaps are 25M$, that's less than .5%.
hero member
Activity: 798
Merit: 531
Crypto is King.
I have Assburgers!

OMG, what's going on with your shitcoin?! Shocked

Any news?
This 20% price decreasing/day is brutal.

Cheesy

Lol, I hadn't noticed he headed the thing!

Cheating tofu-eating-hippies out of their money. Pure evil.
Roll Eyes I was not the creator of the crypto, I help the community organize bounties and community efforts to give use to the crypto. Before I began the help of organizing the community, it was rather dull. Again, no one is forcing you to hodl, or buy. Kindly park the FUD at the door. Wink Otherwise, feel free to stake, and use Sprouts to buy Sampey's trading bot, or feel free to use them at the DICE site. In fact, feel free to grab some from the multiple faucets that pay out daily. When PayServices has the official launch, you will be able to convert Sprouts into 50+ cryptos, 100+ National Fiats, and 20+ community currencies.


Back on topic,

I can smell the bear sweat dripping from the Wall Observer thread.

hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
When margin was started they said they would allocate 500k$ to margin funding. Unless that has been increased a lot, it's really no big deal.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
... tofu-eating-hippies...

Hippies eat tofu?

I thought most of us hippies preferred well-marbled steaks.

Toadfood... yuck.

I'm thinking of the "Whale Wars" type. They've got scurvy before they enlist.
legendary
Activity: 1106
Merit: 1007
Hide your women
on BFX:

~ 3 million coins margin long. That's ~20% of all coins in existence! Anybody rich could crash this market. I'm paying 0.5% interest every 100 days, there are so many coins available for shorting. All I have to do is wait.


So what's going to happen first, the Fed raising rates and crushing all dollar denominated assets or full blocks causing a fee spike and a network slowdown?





 



Jump to: