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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22763. (Read 26714742 times)

legendary
Activity: 1512
Merit: 1005
Time to stop the infighting - this is gentlemen.
full member
Activity: 224
Merit: 100
As for me it looks like regular quick short squeeze manipulation.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
lol @ trading bitcoin. OUt of the total blue...........
legendary
Activity: 1148
Merit: 1001
This crap is looking like another P&D based on chinese wash volume trying to dump as high as possible before auction dump imo, its unhealthy without any decent good news.

"Good news" isn't always necessary.

However, I was wondering if there is some "news" that hasn't been published yet?  Some insider stuff going on perhaps?  

I will take any pump we can get at this point though!
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
This is interesting

legendary
Activity: 1792
Merit: 1047
full member
Activity: 224
Merit: 100
This crap is looking like another P&D based on chinese wash volume trying to dump as high as possible before auction dump imo, its unhealthy without any decent good news. Chinese douches made that trick so many times due to 0% fees buying their own coins using bots with instaorders.
sr. member
Activity: 392
Merit: 250
Shorts holding a trembling finger over the panic button.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
maybe not too long !
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
This thing is so bananas.

thats even an understatement, i have no idea what going on, but its all green now
bearmarket over ? definetly it seams

cheers
hero member
Activity: 854
Merit: 503
Legendary trader
This thing is so bananas.
legendary
Activity: 1148
Merit: 1001
Well, with this pump i'm quite confused. Why would you want the price to go up before the auction unless bull trap? Or trying to make it tougher and more expensive to purchase the lot of coins? So confused with all this green. I like the movement though! CCMF? Cheesy

Confusing "green" is what Bitcoin likes to do.  (confusing red happens too but that is not as much fun.)

I so hope this is the start of good things to come!  Grin
hero member
Activity: 798
Merit: 1000
Who's there?
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
It needs to break 266 convincingly and hold it for a while. How long will it take?
full member
Activity: 224
Merit: 100
This shit came from chinese exchanges (wash volume bots pumps) before an auction which means that its clearly a bulltrap imo. Those who are going to buy dont need price to be higher than 250$ until they buy it.
newbie
Activity: 55
Merit: 0
Bear market is over, big rise coming this weekend
sr. member
Activity: 392
Merit: 250
Well, that escalated quickly.
sr. member
Activity: 258
Merit: 250
Well, with this pump i'm quite confused. Why would you want the price to go up before the auction unless bull trap? Or trying to make it tougher and more expensive to purchase the lot of coins? So confused with all this green. I like the movement though! CCMF? Cheesy
sr. member
Activity: 258
Merit: 250
Is it unreasonable to not expect an increase on or after the BTC Marshall Auction?
I'm trying to wrap my head around it's impact. What the significance of the sale being off exchange and what would happen if those coins were bought on an exchange.

So they are selling 50,000 btc. The current coin price is say $236 usd.
So if you could push the price down to say, $220, coins worth  = $11.million
So if you could push the price up to say     $250, coins worth  =  $12.5 million
Or to push it further say -$36 at $200, coins worth = $10 million
And then say +36 say at $272, coins worth = $13.6 million
Plus whatever premium to not move markets and buy otc.


I guess I'm trying to understand how much of a premium buying these coins would represent.
Looking through the order books, it seems realistic that if someone wanted to buy and accumulate around 50k coins using the existent exchanges;
this would result in some rather extreme buying pressure. The markets still seem too young to be able to handle this sort of action without significant volatility.

So if you were an institutional investor it would appear that it might be in your interest to systematically push the price down to accumulate? Or is this just delusional bull thoughts and it's not that the value is being suppressed but support is floundering. Thoughts?
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