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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25877. (Read 26608471 times)

legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
I was ready for the choo choo but today's value is dropping again.
whales are currently investing in the altcoins.
Noobs see the rise and will buy them at the top because bitcoin is falling.
Once noobs are pushing the price of alts to the moon, whales will sell the alts for bitcoin and the result is bitcoin pump.
Noobs see bitcoin in stratosphere and will sell their expensive alts and exchange them for expensive bitcoin.
Rinse, repeat in a year.
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
full member
Activity: 182
Merit: 100
If anyone is interested, you can read the posts for the last x days and:
- find a guy with a LOT of coins (based on account age and his post history)
- with far too high a percentage of his wealth invested (based on magnitude of attitude change when the market moves)
- with far too high a percentage of his wealth invested in shorts (based on direction of attitude change)

Hint: he will always argue that manipulation is natural market action, he will magnify every drop or piece of semi-bad news, and get very, very upset when the market moves against him.  Did I mention hodl is stupid for newbies?  They should be trading with the whales!

It is safe to say that whales ARE in this thread and the sentiment in this thread influences price.  I will definitely say that he is not today's wall guy (at least on Bfx; he might be on Stamp), but he is probably 2k or more of shorts.

Stay happy, (name withheld)!  I pray you drive btc into the ground so you can lose far more than the rest of us!  Those dreams of 50M in hookers and blow will disappear; you really should have settled for 10M. (I am 100% fiat, so let's drop, (name withheld)!)

PS: Figure it out for yourselves.
PPS: 96% serious.
donator
Activity: 2772
Merit: 1019
I'm quite amazed where these huge sellers get their coins from.

Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat?

I would be wary of exchanges. If you look at Stamp, for over a month, you see huge sell walls placed at intervals. And to withdraw that much of fiat, the exchange would require your identity and bank account. So, the key person to know why the huge btc quantity of sell limit order is the exchange owner.

Many people are speculating why the market has been so bearish. If the bitcoin news websites are smart, they would bug the exchange owners for answers. Think about it, all we can see are just the orders and transactions. The exchange owners are able to see who are placing these orders and making these huge transactions.

The exchange owners are in the perfect position to make such manipulations. They have their own funds, and I think nothing stop them from doing such things.

I would not be surprised if they are behind the recent moves.

They don't even need real funds for that.
member
Activity: 64
Merit: 10
legendary
Activity: 1176
Merit: 1000
sr. member
Activity: 471
Merit: 250
member
Activity: 64
Merit: 10
I was ready for the choo choo but today's value is dropping again.
legendary
Activity: 1237
Merit: 1010
Is crypto done??  Huh

Confirmed. Get out now while you still can!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
There was a tiny dead cat bounce. Now we're heading down to sub 450.

Sell now or loose everything bagholders.

Edit: Oops, I forgot to mention "final capitulation".

You are fallling!

LOL. Better get your sarcasm meter checked.
sr. member
Activity: 434
Merit: 250
There was a tiny dead cat bounce. Now we're heading down to sub 450.

Sell now or loose everything bagholders.

Edit: Oops, I forgot to mention "final capitulation".

You are fallling!
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
There was a tiny dead cat bounce. Now we're heading down to sub 450.

Sell now or loose everything bagholders.

Edit: Oops, I forgot to mention "final capitulation".
sr. member
Activity: 476
Merit: 250
There was a tiny dead cat bounce. Now we're heading down to sub 450.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
Is crypto done??  Huh

Unfortunately yes, it is complete failure, that's why we don't have any recent good news Grin
legendary
Activity: 1159
Merit: 1001
Is crypto done??  Huh
sr. member
Activity: 378
Merit: 254
...
I'm one of many miners not selling at a loss but did have to reduce hash rate to stay profitable...

When you say "profitable," do you mean to say it costs you less in electricity to mine a coin than you could get for it at the current exchange rate?  If so, what do you mean by "not selling at a loss"?
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