Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 274. (Read 26498086 times)
August 28, 2024, 01:01:17 AM
August 28, 2024, 12:27:15 AM
A few thoughts: although I believe that bitcoin cycles are still in existence (until proven otherwise), bitcoin's market since March-April 2024 seems to be kind of chaotic.
I am not sure what is the reason for this.
One possibility is that large entities induce volatility to accumulate.
Another possibility is that some large 2010-2011 holders are selling, albeit this is contradicted by the fact that large whales are, apparently, buying, not selling.
Why this seems paradoxical to me: EVERYBODY are reported as buying, but the price is flat to slightly down.
Who is selling?
Space aliens, AI or Rothschilds (aka super big money)?
Like...why we suddenly lost 6% today with no known news and S&P being at least not much negative (Dow is even positive for the day)?
I am not sure what is the reason for this.
One possibility is that large entities induce volatility to accumulate.
Another possibility is that some large 2010-2011 holders are selling, albeit this is contradicted by the fact that large whales are, apparently, buying, not selling.
Why this seems paradoxical to me: EVERYBODY are reported as buying, but the price is flat to slightly down.
Who is selling?
Space aliens, AI or Rothschilds (aka super big money)?
Like...why we suddenly lost 6% today with no known news and S&P being at least not much negative (Dow is even positive for the day)?
A lot of this is futures driven from what I have read.
August 28, 2024, 12:01:15 AM
August 27, 2024, 11:01:15 PM
August 27, 2024, 10:04:20 PM
A few thoughts: although I believe that bitcoin cycles are still in existence (until proven otherwise), bitcoin's market since March-April 2024 seems to be kind of chaotic.
I am not sure what is the reason for this.
I am not sure what is the reason for this.
Oh gawd.. what else is new?
1) Bitcoin went through a potentially deflated blow-off top in 2021 - whether the deflated nature of such blow-off top was from the China bans mining circumstances or whatever,
2) Somewhat unprecedentedly, Bitcoin corrected way the fuck below the 200-WMA which might have had been partially caused by various frauds in the space related to rehypothecating BTC from various entities and potential contagion (including Terra/Luna, 3AC, Celsius, Voyager, Blockfi, FTX/Alameda, Genesis/Grayscale/Gemini and likely some others).. So in some sense, BTC prices overly were depressed below the 200-WMA for much of 16-ish months from June 2022 until October-ish 2023.**
**Part of the reason that I chose October 2023 as the end of the period that BTC was overly depressed is because the BTC spot price was still below the 200-WMA by the time it started to pump at that October 2023 time.
3) In mid-to-late October 2023, BTC prices started to pump largely due to either an anticipation of pending BTC spot ETF approvals or insiders (or speculators who felt good about BTC) putting a decent amount of ongoing buying pressure on BTC that pretty much lasted through the January 10th ETF approval, and such upward price pressures continued through our current local BTC price peak (ATH) in mid March (again prehalving by the way).
So yeah, quite a lot of had a pre-halvening run-up of BTC prices between October 2023 and March 2024 (right around 3x and corrected back down to 2-2.5x-ish).. so both what else is new in regards to strange BTC price dynamics, but also who knows what chicanery might still be going on behind the scenes (so not exactly new, but still not outside of bitcoin's history to be having chicanery going on behind the scenes).
One possibility is that large entities induce volatility to accumulate.
Another possibility is that some large 2010-2011 holders are selling, albeit this is contradicted by the fact that large whales are, apparently, buying, not selling.
Another possibility is that some large 2010-2011 holders are selling, albeit this is contradicted by the fact that large whales are, apparently, buying, not selling.
Could be ongoing fake coins, too... which is dangerous from the peeps doing it, even if they might have a certain amount of access to infinite money printing (maybe not exactly direct, but close enough).
Why this seems paradoxical to me: EVERYBODY are reported as buying, but the price is flat to slightly down.
Who is selling?
Space aliens, AI or Rothschilds (aka super big money)?
Like...why we suddenly lost 6% today with no known news and S&P being at least not much negative (Dow is even positive for the day)?
Who is selling?
Space aliens, AI or Rothschilds (aka super big money)?
Like...why we suddenly lost 6% today with no known news and S&P being at least not much negative (Dow is even positive for the day)?
I am not going to proclaim to know the answers - and I would not rule out fake coin influences that may or may not end up blowing up on some folks that may be able to receive a bailout.
On the other hand, it could well be that BTC price moves are merely within acceptable margins in which there frequently are going to be pauses and attempts to keep dee cornz down that sooner or later are not going to work anymore, yet in the mean time, there still are some weak hands that are able to be shaken along the way, too.
August 27, 2024, 10:01:18 PM
August 27, 2024, 09:42:57 PM
A few thoughts: although I believe that bitcoin cycles are still in existence (until proven otherwise), bitcoin's market since March-April 2024 seems to be kind of chaotic.
I am not sure what is the reason for this.
One possibility is that large entities induce volatility to accumulate.
Another possibility is that some large 2010-2011 holders are selling, albeit this is contradicted by the fact that large whales are, apparently, buying, not selling.
Why this seems paradoxical to me: EVERYBODY are reported as buying, but the price is flat to slightly down.
Who is selling?
Space aliens, AI or Rothschilds (aka super big money)?
Like...why we suddenly lost 6% today with no known news and S&P being at least not much negative (Dow is even positive for the day)?
I am not sure what is the reason for this.
One possibility is that large entities induce volatility to accumulate.
Another possibility is that some large 2010-2011 holders are selling, albeit this is contradicted by the fact that large whales are, apparently, buying, not selling.
Why this seems paradoxical to me: EVERYBODY are reported as buying, but the price is flat to slightly down.
Who is selling?
Space aliens, AI or Rothschilds (aka super big money)?
Like...why we suddenly lost 6% today with no known news and S&P being at least not much negative (Dow is even positive for the day)?
August 27, 2024, 09:39:43 PM
How long ago was this done. It appears like this was done in 2023.
Or was this done more recently as a response to the attack in 2023.
Or was this done more recently as a response to the attack in 2023.
The letter appears to have been written to Binance on November 1, 2023. The report was published early yesterday, and the reporter claims the assets of all Palestinians were seized recently in compliance to Israel's request.
August 27, 2024, 09:12:59 PM
How long ago was this done. It appears like this was done in 2023.
Or was this done more recently as a response to the attack in 2023.
Or was this done more recently as a response to the attack in 2023.
August 27, 2024, 09:01:31 PM
A warning to all you antisemitic goyim still keeping your bags on a CEX. As if the rest of us needed another reason to boycott Binance, they'll seize your assets if Israel tells them to.
Source: https://twitter.com/ray_noOnes/status/1828006618539212919
Quote
In accordance with the authority delegated to me by the Minister of Defense, according to Section 61(a) of the Law on Combating Terrorism, 556-
2016 (hereinafter: "The Law on the Fight against Terrorism") and further to your application as a reference, I would like to inform you that your claims against
Seizure of property by virtue of an administrative seizure order (T56/23) signed by the Minister of Defense on November 1, 2023
By virtue of his authority according to the law, were examined by and rejected for the following reasons:
1. Section 56(b) of the Anti-Terrorism Law states, among other things, that the Minister of Defense may issue an order on
Temporary seizure of property of a declared terrorist organization, as well as seizure of property that was used to commit a crime
Serious terrorism or property where a serious terrorist offense was committed.
2. At the basis of the administrative seizure order (Tt56/23) is reliable intelligence information that teaches that wallets
of cryptocurrencies, including one that is registered in your name, funds have been transferred by an organization
The declared terrorism of the Dubai Exchange Company in the Gaza Strip (declared on March 7, 2022, published in the
10084 p. 2505 on 4.4.2022 (.
3. According to the anti-terrorism law, cryptographic currencies that have been transferred by a declared terrorist organization
constitute property of a declared terrorist organization and cryptocurrency wallets to which it has been transferred
Said property constitutes property that was directly used to commit a serious terrorist offense of providing a service or
Establishing measures for a terrorist organization, as defined in the Law on Combating Terrorism, and therefore in accordance with the instructions
The law allows the Minister of Defense to order their seizure by administrative order in preparation for their confiscation.
4. In light of the above, and if nothing is found in your claims to contradict the information that formed the basis of issuing an order
The seizure, I intend to recommend to the Minister of Defense to order the confiscation of the property for which the seizure order was issued,
In accordance with the authority of the Minister of Defense according to section 66(a) of the law.
5. According to the provisions of the Anti-Terrorism Law, an appeal against this decision will be submitted as a petition to the Court of Matters
administrative.
2016 (hereinafter: "The Law on the Fight against Terrorism") and further to your application as a reference, I would like to inform you that your claims against
Seizure of property by virtue of an administrative seizure order (T56/23) signed by the Minister of Defense on November 1, 2023
By virtue of his authority according to the law, were examined by and rejected for the following reasons:
1. Section 56(b) of the Anti-Terrorism Law states, among other things, that the Minister of Defense may issue an order on
Temporary seizure of property of a declared terrorist organization, as well as seizure of property that was used to commit a crime
Serious terrorism or property where a serious terrorist offense was committed.
2. At the basis of the administrative seizure order (Tt56/23) is reliable intelligence information that teaches that wallets
of cryptocurrencies, including one that is registered in your name, funds have been transferred by an organization
The declared terrorism of the Dubai Exchange Company in the Gaza Strip (declared on March 7, 2022, published in the
10084 p. 2505 on 4.4.2022 (.
3. According to the anti-terrorism law, cryptographic currencies that have been transferred by a declared terrorist organization
constitute property of a declared terrorist organization and cryptocurrency wallets to which it has been transferred
Said property constitutes property that was directly used to commit a serious terrorist offense of providing a service or
Establishing measures for a terrorist organization, as defined in the Law on Combating Terrorism, and therefore in accordance with the instructions
The law allows the Minister of Defense to order their seizure by administrative order in preparation for their confiscation.
4. In light of the above, and if nothing is found in your claims to contradict the information that formed the basis of issuing an order
The seizure, I intend to recommend to the Minister of Defense to order the confiscation of the property for which the seizure order was issued,
In accordance with the authority of the Minister of Defense according to section 66(a) of the law.
5. According to the provisions of the Anti-Terrorism Law, an appeal against this decision will be submitted as a petition to the Court of Matters
administrative.
Source: https://twitter.com/ray_noOnes/status/1828006618539212919
August 27, 2024, 09:01:15 PM
August 27, 2024, 08:04:32 PM
hmm buddy doing some magic maybe he reaches my buy ladder.
Still dropping according to coingekco (and buddy.)
If I wait it'll go up, if I buy now it'll keep going down. What would you like me to do?
August 27, 2024, 08:01:15 PM
August 27, 2024, 07:38:04 PM
Boring chart never ending 
August 27, 2024, 07:23:11 PM
Yeah we know that the journey would be filled with some Road blocks
But is not too hard to ask for a fairytale like journey right?
hahaha
ever play Doom in "nightmare" mode?
August 27, 2024, 07:01:18 PM
August 27, 2024, 06:35:01 PM
hmm buddy doing some magic maybe he reaches my buy ladder.
August 27, 2024, 06:27:49 PM
We just got a big fat red candle. 5%.
Any idea on who is selling?
Weak hands?Any idea on who is selling?
August 27, 2024, 06:17:28 PM
Bit of a crappy day for Bitcoin today. Hopefully the price holds $60,000 or I am going to be quite annoyed. With any luck this is a retest and we’ll bounce soon.
I’ve been looking at tax rules in different parts of the world today. The UK is a shit hole, new extreme left government, dropping hints about capital gains tax increases, wealth taxes etc. With the ever increasing invasion by third world immigrants, I’m not sure I want to bring up my daughter here any more. UAE citizenship via investment is looking more attractive every day.
I’ve been looking at tax rules in different parts of the world today. The UK is a shit hole, new extreme left government, dropping hints about capital gains tax increases, wealth taxes etc. With the ever increasing invasion by third world immigrants, I’m not sure I want to bring up my daughter here any more. UAE citizenship via investment is looking more attractive every day.
Is Dubai a citadel-type city it seems to be?
Yet, it is freakishly hot, I surmise, in the A/c absence aka outside.
Basically, there is no outside during summer.
Having spent quite a bit of time in a very "hot" city, I can see the downside of this.
Re taxes-don't for a second think that centimillionaires (>$100mil) would not find some legal go-around..they did when the top marginal income tax in US was 91-92% (1944-1963).
there was a lot of triple tax exempt bonds for a while. but the rich have gotten over for thousands of years. every once in a while they get slaughtered. think of marie “let them eat cake” 🎂 antonette.
spelled her name wrong?
but most of the time the rich just stack bigger piles.
August 27, 2024, 06:01:16 PM
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