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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25447. (Read 26608439 times)

FNG
hero member
Activity: 588
Merit: 500
I hardly see anyone cheering anymore every time we go down. What's the problem? Are all these cheap coins not so much fun anymore?

because there is no such thing called "cheap coins", coins will be cheaper and cheaper therefore less and less people want it

those who yelling for "cheap coins" are permabulls or scammers, that's why only few trolls are cheering about it


+1


The permabulls you're talking about are just miners dumping their coins like no tomorrow & they're trying to get suckers to buy them for as expensive as possible!

Perma bull here. I don't mine.

Permabull here. I mine and don't sell.


too bad your 10 TH "farm" does not make any difference.

big farms in china can dump till 140 $ and still make a nice profit.

dumper is happy because there are a lot of stubborn bulls.

correct, you see the point and The Winkelvoss EFT is a dump. They bought a lot of Bitcoins and can't unload them without crashing the market. The EFT is a way for them to exit Bitcoin.

Most retarded theory ever.

Between the time spent and the money wasted....
sr. member
Activity: 546
Merit: 250
Sigh... bitfinex is getting too glitchy lately.... I don't feel good trading in this exchange anymore  Undecided

Check out Okcoin.com, it is by far the best exchange experience i had so far. I switched over from Bitfinex 3-4 weeks ago.


I am considering it. About a month ago I signed up with OKCoin to use their API and it looks pretty sophisticated. Also there is quite a bit of volume. The only thing that annoys me a bit is that they are not on Bitcoinwisdom. Their built-in chart is basically the same as BW, so I guess I should just use that. Have you figured out how to short sell?
full member
Activity: 182
Merit: 100
Just a piece of advice: as long as there are people in this thread defending again the idea of manipulation or giving Ayn Randish justifications, don't buy.  It means we are still too high for their liking, and they have more market power than the rest of us put together.

Patience.  They need the market to go up eventually to get their profits out.

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Today we kill the BearWhale.

My trusted sources are telling me that those walls are NOT (look for the JJG NOT!) the one manipulators walls. I think it's Adam looking desperately for a way out. The one manipulator will eat those walls, gnawing on the bone marrow.


NOT!!!!


Cut your Loose!!!!
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
That depends on whether your money is in a bullish position or a bearish position, Chuckee.  Anyhow, they will be banging the close soon.

Monkey is a BTC buyer.  Above 395 next resistances are 400 and 413.  375 is support.  I.e., monkey tries to buy close to 375.

What happens on October 3rd anyhow?
  

member
Activity: 70
Merit: 10
Everyone here hates me for being pessimistic about bitcoin this year (and for always being right) but at least I can say that if you had your money in bitcoin, you've done better today than putting it in the stock markets. Holy shit, I just can't fucking win.
full member
Activity: 131
Merit: 100
they are not ending QE. they are moving their QE buying to Belgium.
they are fukd if they end QE. it aint gonna happen.
they are planning the death of the dollar .

Well, they are ending their public QE program. That's the only thing that forex traders care about.




don't get caught holding a wheel barrel full of usd and stocks and bonds is all i am saying.
i doubt anything goes down economically before the elections.
they will maintain the illusion of economic recovery at least till then.
stocks are at all-time highs ?? maybe is good time to SELL.
maybe is good timing to go against what all the sheeple are doing.


Couldn't agree more. +1
legendary
Activity: 1092
Merit: 1000
they are not ending QE. they are moving their QE buying to Belgium.
they are fukd if they end QE. it aint gonna happen.
they are planning the death of the dollar .

Well, they are ending their public QE program. That's the only thing that forex traders care about.




don't get caught holding a wheel barrel full of usd and stocks and bonds is all i am saying.
i doubt anything goes down economically before the elections.
they will maintain the illusion of economic recovery at least till then.
stocks are at all-time highs ?? maybe is good time to SELL.
maybe is good timing to go against what all the sheeple are doing.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
they are not ending QE. they are moving their QE buying to Belgium.
they are fukd if they end QE. it aint gonna happen.
they are planning the death of the dollar .

Well, they are ending their public QE program. That's the only thing that matters to forex traders.
FNG
hero member
Activity: 588
Merit: 500
legendary
Activity: 1092
Merit: 1000


well mining at this price is good since usa miners have to pay income tax on bitcoin mined at the price they are mined at.
so while everyone is panicking i am continue mining!
with the latest mining gear we appear to be good for mining into the beginning of next year.
maybe first few months of next year unless some new mining gear hits.
this decline in bitcoin, gold, and silver started as the dollar went up .
we are at our third peak in five years and each peak has resulted in a crash of the dollar.
it is possible we are at the run-up to the final crash of the dollar.
i heard a rumor when blood is in the streets then is time to buy!

The federal reserve is ending QE while the ECB is starting QE-like programs. As the euro has a 57.6% weight in DXY it's unlikely to crash any time soon.


they are not ending QE. they are moving their QE buying to Belgium.
they are fukd if they end QE. it aint gonna happen.
they are planning the death of the dollar .
member
Activity: 101
Merit: 10

But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer.  Even though the whales' intentions are so obvious an 8-year old could figure it out with the data.
I'm of the opinion that a large buyer is purchasing off exchange blocks and dumping on exchanges to build a massive and cheap stash. Nothing else makes much sense. Sure people panic but many of the sales come when you would least expect someone to panic

This guy already has a massive stash. This behaviour is not of someone selling to buy back cheap. It just isn't.

It's not buying back. It's setting his price on exchanges so he can buy off-exchange.

Miners / bitpay, ect use exchange prices to sell blocks. Drive down the exchange price and you get a lot more btc for your money

You would think that the miners could figure out a way to manipulate the price upwards then, for their own benefit?  Perhaps seriously slowing down mining when the price is this low or using some cash reserves to pump up price to sell higher?


This idea that miners are selling off exchange baffles me a bit.  Maybe there is something that I don't understand, but aren't miners just shooting themselves in the foot by selling off exchange.  Wouldn't they just be giving someone else the power to suppress the price while at the same time losing any buying pressure on the price.  If this turns out to be big miners trying to squeeze out inefficient miners, then I can see this taking a very long time to play out.




try to sell 10 k + coins on bitstamp and watch what will happen with the price.

True. I guess it is a question of slippage, but if those are mined coins then they are being used to suppress price anyways.  I guess it works out for the miners as long as the sellers don't overdo it.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life


well mining at this price is good since usa miners have to pay income tax on bitcoin mined at the price they are mined at.
so while everyone is panicking i am continue mining!
with the latest mining gear we appear to be good for mining into the beginning of next year.
maybe first few months of next year unless some new mining gear hits.
this decline in bitcoin, gold, and silver started as the dollar went up .
we are at our third peak in five years and each peak has resulted in a crash of the dollar.
it is possible we are at the run-up to the final crash of the dollar.
i heard a rumor when blood is in the streets then is time to buy!

The federal reserve is ending QE while the ECB is starting QE-like programs. As the euro has a 57.6% weight in DXY the dollar is unlikely to crash any time soon.
hero member
Activity: 882
Merit: 1003
Always some arbitragers looking  for a certain amount.

Also everyone know to sell 10000 btc at market price will make seller alot less!
legendary
Activity: 1092
Merit: 1000

But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer.  Even though the whales' intentions are so obvious an 8-year old could figure it out with the data.
I'm of the opinion that a large buyer is purchasing off exchange blocks and dumping on exchanges to build a massive and cheap stash. Nothing else makes much sense. Sure people panic but many of the sales come when you would least expect someone to panic

This guy already has a massive stash. This behaviour is not of someone selling to buy back cheap. It just isn't.

It's not buying back. It's setting his price on exchanges so he can buy off-exchange.

Miners / bitpay, ect use exchange prices to sell blocks. Drive down the exchange price and you get a lot more btc for your money

You would think that the miners could figure out a way to manipulate the price upwards then, for their own benefit?  Perhaps seriously slowing down mining when the price is this low or using some cash reserves to pump up price to sell higher?




well mining at this price is good since usa miners have to pay income tax on bitcoin mined at the price they are mined at.
so while everyone is panicking i am continue mining!
with the latest mining gear we appear to be good for mining into the beginning of next year.
maybe first few months of next year unless some new mining gear hits.
this decline in bitcoin, gold, and silver started as the dollar went up .
we are at our third peak in five years and each peak has resulted in a crash of the dollar.
it is possible we are at the run-up to the final crash of the dollar.
i heard a rumor when blood is in the streets then is time to buy!
FNG
hero member
Activity: 588
Merit: 500

But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer.  Even though the whales' intentions are so obvious an 8-year old could figure it out with the data.
I'm of the opinion that a large buyer is purchasing off exchange blocks and dumping on exchanges to build a massive and cheap stash. Nothing else makes much sense. Sure people panic but many of the sales come when you would least expect someone to panic

This guy already has a massive stash. This behaviour is not of someone selling to buy back cheap. It just isn't.

It's not buying back. It's setting his price on exchanges so he can buy off-exchange.

Miners / bitpay, ect use exchange prices to sell blocks. Drive down the exchange price and you get a lot more btc for your money

You would think that the miners could figure out a way to manipulate the price upwards then, for their own benefit?  Perhaps seriously slowing down mining when the price is this low or using some cash reserves to pump up price to sell higher?


This idea that miners are selling off exchange baffles me a bit.  Maybe there is something that I don't understand, but aren't miners just shooting themselves in the foot by selling off exchange.  Wouldn't they just be giving someone else the power to suppress the price while at the same time losing any buying pressure on the price.  If this turns out to be big miners trying to squeeze out inefficient miners, then I can see this taking a very long time to play out.




try to sell 10 k + coins on bitstamp and watch what will happen with the price.

This. They can deal with immediate slippage or sell off exchange for none
legendary
Activity: 1232
Merit: 1011

But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer.  Even though the whales' intentions are so obvious an 8-year old could figure it out with the data.
I'm of the opinion that a large buyer is purchasing off exchange blocks and dumping on exchanges to build a massive and cheap stash. Nothing else makes much sense. Sure people panic but many of the sales come when you would least expect someone to panic

This guy already has a massive stash. This behaviour is not of someone selling to buy back cheap. It just isn't.

It's not buying back. It's setting his price on exchanges so he can buy off-exchange.

Miners / bitpay, ect use exchange prices to sell blocks. Drive down the exchange price and you get a lot more btc for your money

You would think that the miners could figure out a way to manipulate the price upwards then, for their own benefit?  Perhaps seriously slowing down mining when the price is this low or using some cash reserves to pump up price to sell higher?


This idea that miners are selling off exchange baffles me a bit.  Maybe there is something that I don't understand, but aren't miners just shooting themselves in the foot by selling off exchange.  Wouldn't they just be giving someone else the power to suppress the price while at the same time losing any buying pressure on the price.  If this turns out to be big miners trying to squeeze out inefficient miners, then I can see this taking a very long time to play out.




try to sell 10 k + coins on bitstamp all in one go and watch what will happen with the price.
sr. member
Activity: 378
Merit: 254
...
under pure communism money does not exist, and if this were to happen then bitcoin as money would no longer exist

Comrade, under Communism, unions do not exist.
sr. member
Activity: 378
Merit: 254
The positive part of this is that ... the community will quickly coalesce to move against manipulators if need be.

Nah, because prisoner's dilemma/tragedy of the commons.  
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