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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27017. (Read 26634093 times)

hero member
Activity: 672
Merit: 500
Ok, i have a question.
It's clear that this small auction completely controls the market. The market is filled with fear.
Apparently people expect a rally or a dump depending on the outcome.
I have 2 simple questions:

1: What will cause the rally and what will cause the dump.
2: Why is this considered so extremely important at the moment.

I really must be missing something. Hopefully someone can fill me in

I think that this forum acts as a magnifier...  (of peoples opinions)  there are far larger forces at play here then this auction... but the market likes any excuse, also the market does not need an excuse and the market is not always smart... lots of posturing and positioning and speculation from speculators... the market will shake this off like a case of the fleas and a few weeks down the line it will be all forgotten and there will be another thing to focus the magnifying glass on.. there will be dips and peaks, highs and lows... the market will move because that is what markets do.
 All the while there are several larger forces at play... tick tock tick tock


I completely agree with this. So that's why i ask these questions. Because it doesn't make sense.
legendary
Activity: 1078
Merit: 1441
Ok, i have a question.
It's clear that this small auction completely controls the market. The market is filled with fear.
Apparently people expect a rally or a dump depending on the outcome.
I have 2 simple questions:

1: What will cause the rally and what will cause the dump.
2: Why is this considered so extremely important at the moment.

I really must be missing something. Hopefully someone can fill me in

I think that this forum acts as a magnifier...  (of peoples opinions)  there are far larger forces at play here than this auction... but the market likes any excuse, also the market does not need an excuse and the market is not always smart... lots of posturing and positioning and speculation from speculators... the market will shake this off like a case of the fleas and a few weeks down the line it will be all forgotten and there will be another thing to focus the magnifying glass on.. there will be dips and peaks, highs and lows... the market will move because that is what markets do.
 All the while there are several larger forces at play... tick tock tick tock
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
Ok, i have a question.
It's clear that this small auction completely controls the market. The market is filled with fear.
Apparently people expect a rally or a dump depending on the outcome.
I have 2 simple questions:

1: What will cause the rally and what will cause the dump.
2: Why is this considered so extremely important at the moment.

I really must be missing something. Hopefully someone can fill me in

Do you think 30k is small auction. I really don't think, anyone will manipulate market with that number of Bitcoins.
hero member
Activity: 672
Merit: 500
Ok, i have 2 simple questions.
It's clear that this small auction completely controls the market. The market is filled with fear. It's reasonable to assume we even already went down 30 dollars because of this (which is insane btw).
Apparently people expect a rally or a dump depending on the outcome.

1: What will cause the rally and what will cause the dump?
2: Why is this considered so extremely important at the moment?

I really must be missing something. Hopefully someone can fill me in.
legendary
Activity: 1232
Merit: 1011
regular 500 coin dump every 8 hour.



May be some whale selling slowly so market will not down quickly.


yes. someone waiting for the bids to fill above 560.

570 acting as a resistance.
legendary
Activity: 1246
Merit: 1000
This thread is becoming unbearable

if people like shroomskit stopped bashing on every analyze or a prediction or a question and simply not take everything personally this thread would be cleaner, but well this is what happens when the price is not moving.

as I said before, Bitcoin needs bubbles for its survival, if that doesn't happen soon, the community will simply kill it.

What do you mean by: "the community will simply kill it"?

He probably means that the community is so addicted to bubbles that they need another one soon or they start suffering from bubble withdrawal symptoms and die as a result. You can just look at mmitech and already see the early symptoms. Tongue
hero member
Activity: 728
Merit: 500


here comes the boom

calm before the storm

hang onto your hats traders


drop in nearly all alts

sharp rise in btc

traders moving from alts to btc in anticipation of a huge rise


care to speculate



Usually the effect of the alts dropping is reactive rather than proactive.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
regular 500 coin dump every 8 hour.



May be some whale selling slowly so market will not down quickly.
legendary
Activity: 1232
Merit: 1011
regular 500 coin dump every 8 hour.

legendary
Activity: 1470
Merit: 1007
Why Bitcoin’s Scoring in Argentina
Now this is the kind of news I like to read. [ ... ]
What I see is a marketing push by SecondMarket and Pantera to convince Argentinians that bitcoin is a hedge against inflation (!) and therefore they should invest in SMBIT and PBP.   Which are not doing well in the US, meh?

It is Neo & Bee for Argentina, only with marketing and muscle upped an order of magnitude.  And not managed by a small-time crook.


You conflate the 'investment opportunity to shady types' aspect with the 'additionals options through technology' one. Ignore, if you will, all of that article except for the localbitcoins aspect.

Quote
There’s no way for sure to measure the uptake of bitcoins in any country, but the evidence suggests Argentina is outpacing most. The number of traders listed on Local Bitcoins Buenos Aires is often three times that of Manhattan, for example, and the Fundacion Bitcoin Argentina is known to run the largest bitcoin meetup in the world.

You will then still (I suspect) argue that it's only a marketing ploy. I doubt that, though. If Argentinians are as cynical about promises as I got the impression they are*, no Pantera marketing push was the cause for this uptake in usage. It's more likely that the investment opportunity arose from the usage increase.


* source: Argentinian friend. Extremely skeptical of Bitcoin, though Cheesy
hero member
Activity: 910
Merit: 1003
Why Bitcoin’s Scoring in Argentina
Now this is the kind of news I like to read. [ ... ]
What I see is a marketing push by SecondMarket and Pantera to convince Argentinians that bitcoin is a hedge against inflation (!) and therefore they should invest in SMBIT and PBP.   Which are not doing well in the US, meh?

It is Neo & Bee for Argentina, only with marketing and muscle upped an order of magnitude.  And not managed by a small-time crook.
hero member
Activity: 812
Merit: 587
Space Lord
This thread is becoming unbearable

if people like shroomskit stopped bashing on every analyze or a prediction or a question and simply not take everything personally this thread would be cleaner, but well this is what happens when the price is not moving.

as I said before, Bitcoin needs bubbles for its survival, if that doesn't happen soon, the community will simply kill it.

What do you mean by: "the community will simply kill it"?
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
So we're stuck at 569 until Friday then?

supposed to be 567, don't you know about numerology?   Cheesy
legendary
Activity: 1078
Merit: 1441
legendary
Activity: 1596
Merit: 1061
Smile


here comes the boom

calm before the storm

hang onto your hats traders


drop in nearly all alts

sharp rise in btc

traders moving from alts to btc in anticipation of a huge rise


care to speculate


legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 519
Merit: 500
So we're stuck at 569 until Friday then?
legendary
Activity: 1596
Merit: 1061
Smile
Some of us, rather than cursing the dark, are trying to light candles, with varying degrees of success.  It takes a pretty vigorous crap filter to glean anything useful here, but there is such as thing as exogenous input stimulating useful thought.  By voicing opinions, members stimulate each other to think about aspects of the situation which they might otherwise neglect.  If the stimulus is misleading, that is unfortunate, but a vigorous crapfilter should avoid most of that downside.  The worst part is the time-sink aspect.

You may not read this.  I know you don't like my monkey.  The monkey is a metaphorical monkey, used to voice signals derived by means I do not wish to disclose accurately or justify rigorously.  I find the signals useful, and it does not require any sort of faith in the monkey to observe its signals over time.  I know that some members have benefited from awareness of the monkey's moods, as have I, otherwise your complaint would have sufficed for me to silence the monkey here.  As a third-party reader I would accept the monkey as another source of stimulus for thought, no more and no less.  I regard the other members of this forum much as I regard the magic monkey.  They are a source of highly structured signal, which serves to stimulate thought.

Freedom requires possibilities.  Our possibilities are limited  by our awareness, oftentimes.  Exogenous stimuli often serve to draw attention to those possibilities, and thereby compound our freedom.

Often don't agree with what you write. With this, I do.

i love monkeys all 12 of them

legendary
Activity: 1078
Merit: 1441
Often don't agree with what you write. With this, I do.
=

 Cheesy Cheesy
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