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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2757. (Read 26714829 times)

member
Activity: 61
Merit: 47
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
member
Activity: 113
Merit: 24
https://youtu.be/akc17VggwDk

We need more people such as MS in the space Cool
legendary
Activity: 3990
Merit: 4597
Only a person with no significant btc, like yourself,  would love it.
That, and you're are pulling your numbers out of air.
Why 90% and not 89 or 95%?


Theres no absolute truth in traded prices especially during excessive volatility.   I think the point you might have missed there is referring to a spike or flash sale, a very low register for BTC which was not actually correct.  It usually would mark a bottom, clear the short orders out and those who had been negative, a V bottom whatever you want to call it.
be
  Some prices end up just traded wrongly, a fat finger order or whatever but not all prices are equally valid and perfectly defined at that time.  In BTC market especially there must always be a quoted price every day of the year and at every hour it can mean markets guess incorrectly & I think this can apply on every time scale to some extent.   Most easily observable during major holiday when the price can wander in either direction and become incorrect relative to the wider market as some participants who would trade arent there.  I wouldnt argue about it especially but its known phenomena so far as I know, any price at all can register for a moment in extremis no matter how silly



sure, a flush down can happen, but you can't predict the value in that.
in this particular case, though, it is clear that he is just talking his book: all cash and no coins (almost).
STT
legendary
Activity: 4102
Merit: 1454
Only a person with no significant btc, like yourself,  would love it.
That, and you're are pulling your numbers out of air.
Why 90% and not 89 or 95%?


Theres no absolute truth in traded prices especially during excessive volatility.   I think the point you might have missed there is referring to a spike or flash sale, a very low register for BTC which was not actually correct.  It usually would mark a bottom, clear the short orders out and those who had been negative, a V bottom whatever you want to call it.

  Some prices end up just traded wrongly, a fat finger order or whatever but not all prices are equally valid and perfectly defined at that time.  In BTC market especially there must always be a quoted price every day of the year and at every hour it can mean markets guess incorrectly & I think this can apply on every time scale to some extent.   Most easily observable during major holiday when the price can wander in either direction and become incorrect relative to the wider market as some participants who would trade arent there.  I wouldnt argue about it especially but its known phenomena so far as I know, any price at all can register for a moment in extremis no matter how silly

legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
LOL I'm jealous again at Dude's jetsetting life.  Grin

He’s had more women than we’ve had hot dinners.

Only not the one I’m
With on holiday
Not in Bali not yet in Tulum… now see what Cancun brings
Just arrived…
But damn this is a hard nut to crack, I think uncrackable for me though  Undecided
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.


I wonder if a toy rusty pipe is included or should be bought separately?  Cool
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3990
Merit: 4597
looks like we are heading for 15.9 again

I would love to see a true dump say 7-9k.

69k down to 7k is 90%

maybe by thanksgiving.

Only a person with no any significant btc, like yourself,  would love it.
That, and you're are pulling your numbers out of air.
Why 90% and not 89 or 95%?


I sold off most of my coins months ago.

Was mocked here for a cash and bond position. Now I will do okay with btc dropping.

It is not like I did not share this opinion before this crash.


Opinions are just like assholes...everyone got one.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
looks like we are heading for 15.9 again

I would love to see a true dump say 7-9k.

69k down to 7k is 90%

maybe by thanksgiving.

Only a person with no any significant btc, like yourself,  would love it.
That, and you're are pulling your numbers out of air.
Why 90% and not 89 or 95%?


I sold off most of my coins months ago.

Was mocked here for a cash and bond position. Now I will do okay with btc dropping.

It is not like I did not share this opinion before this crash.





legendary
Activity: 3990
Merit: 4597
looks like we are heading for 15.9 again

I would love to see a true dump say 7-9k.

69k down to 7k is 90%

maybe by thanksgiving.

Only a person with no significant btc, like yourself,  would love it.
That, and you're are pulling your numbers out of air.
Why 90% and not 89 or 95%?
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
looks like we are heading for 15.9 again

I would love to see a true dump say 7-9k.

69k down to 7k is 90%

maybe by thanksgiving.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1612
Merit: 1608
精神分析的爸
Just got the latest BlockFi newsletter and am wondering: Is BlockFi the next domino to fall?



We determined late last week that in the current environment we could no longer operate our business as usual. Given that FTX and its affiliates are now in bankruptcy, the most prudent decision for us, in the interest of all clients, is to continue to pause many of our platform activities for now.

The rumors that a majority of BlockFi assets are custodied at FTX are false. That said, we do have significant exposure to FTX and associated corporate entities that encompasses obligations owed to us by Alameda, assets held at FTX.com, and undrawn amounts from our credit line with FTX.US. While we will continue to work on recovering all obligations owed to BlockFi, we expect that the recovery of the obligations owed to us by FTX will be delayed as FTX works through the bankruptcy process.



At this time, withdrawals from BlockFi continue to be paused. We also continue to ask clients not to submit any deposits to BlockFi Wallet or Interest Accounts.


^emphasis mine

I tested BlockFi as passive income opportunity end of 2020 for one month, was unhappy that the interest was not paid on 1st of new month and withdrew the 0.1BTC I deposited before back to my wallet. Then interest for that month got paid to my account and I have let that few sats compound interest over time for fun.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Surrounded the contagion as quickly as I could
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