selling hasn't stopped yet, the 0.81104-gang is still selling their BTC chunks
Probably the same lot who are longing futures on bitfinex.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3380. (Read 26714762 times)
June 18, 2022, 05:01:20 PM
Probably the same lot who are longing futures on bitfinex.
June 18, 2022, 05:01:02 PM
Sorry, I mean the lenders like Celsuis, Blockfi/Three Arrows and others if there are.
Celsius' position on MakerDAO can be viewed here: https://defiexplore.com/cdp/25977. It can take a minute for the page to load.
Current liquidation price is $13,603, but can go up or down depending on whether collateral is provided or withdrawn.
Note this is not their only exposure, they also have 9-figure liabilities on other platforms (src).
June 18, 2022, 05:00:05 PM
June 18, 2022, 04:59:44 PM
selling hasn't stopped yet, the 0.81104-gang is still selling their BTC chunks
June 18, 2022, 04:59:26 PM
We need another green candle to push us up over 19500
June 18, 2022, 04:58:49 PM
I am in utter disbelief we just shouldn't be here. 
EXACTAMENTE........!!!!!!!!
but we are...
fuck
I am in utter disbelief we just shouldn't be here.
Same here... it's like some bizarre dream... a nightmare...
Keep buying. Stop crying.
Sometimes easier said than done.. you supposed currently blowing with the winds / waffling bulltard wannabe.
the feelings are currently worse than the actual decline %.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.
I think that pessimistic feelings are coming from NOT ONLY that the BTC price bouncing around at or below the 200-week moving average for nearly a week (more than 5.5 days), but we have dipped to like 21% below the 200-week moving average within the past 90-minutes to our current low of $17,593 and that is not even clearly the bottom.. since in terms of time and even price hardly even very far of a distance from that.. So, it could be the bottom.. and still emphasizing how much we still have to make up just to get back up to the 200-week moving average.. but still also too soon to call that price from 90 minutes ago as the bottom of our current dippening, either.
June 18, 2022, 04:55:53 PM
[...]
I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash
I had a few billion of shibas/shibes wtf u call them, and I was so pissed that I had to pay ETH for the transaction. I had to send from my hard wallet some LTC on the swap wallet to buy 0.02 ETH for the fee. I was so mad that day and the stench of ETH stood with me in my mind for so long.
Well I remember BTC having a >$50 transaction fee at one point when the market was crazy...
Things can get fixed...
$50? You gotta be joking! I paid 1 grand + in fees to grab the forks back in 2017.
I really loved the airdrops and forks around that time. So much free money
June 18, 2022, 04:55:37 PM
I am in utter disbelief we just shouldn't be here.
maybe 17.6 k was bottom? it was the high number for miner support bottom
There is no bounce, none. I don't beleive we have hit it till we see a bounce and at this rate that might be never.
Not sure yet 17602 to 18024 is a bit of a bounce
now flat in 17900-18000 and over 18.1 now
https://aggr.trade
So, my little mindrusts: who sold at the bottom?
lol... sell...
cAPS is the ultimate sucker, I guess.
June 18, 2022, 04:54:15 PM
25 fucking merits sent. And i am NOT changing the width of THAT image except to make it BIGGER.
June 18, 2022, 04:52:17 PM
[...]
I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash
I had a few billion of shibas/shibes wtf u call them, and I was so pissed that I had to pay ETH for the transaction. I had to send from my hard wallet some LTC on the swap wallet to buy 0.02 ETH for the fee. I was so mad that day and the stench of ETH stood with me in my mind for so long.
Well I remember BTC having a >$50 transaction fee at one point when the market was crazy...
Things can get fixed...
$50? You gotta be joking! I paid 1 grand + in fees to grab the forks back in 2017.
June 18, 2022, 04:51:50 PM
Same here, I got X btc and $Y left in checking....
oof! you just broke an unwritten rule dude.
Please remove it from your reply to allow him to edit and protect himself from scammers.
Don't worry it's all safe and sound, secured on Mintpal.com
June 18, 2022, 04:50:14 PM
(whining)... need to feed my family... something something.. 13k bottom... blablabla.. my net worth just dropped 20%.... cry cry cry... have cash money left for 2 months living...
Now this feels like a real capitulation!
Now this feels like a real capitulation!
exactly
June 18, 2022, 04:49:45 PM
Same here, I got X btc and $Y left in checking....
oof! you just broke an unwritten rule dude.
Please remove it from your reply to allow him to edit and protect himself from scammers.
June 18, 2022, 04:48:31 PM
Same here, I got
oof! you just broke an unwritten rule dude.
June 18, 2022, 04:47:10 PM
I am in utter disbelief we just shouldn't be here.
You are right. But markets give 0 fucks about that.
I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.
Same here, I got 5.5 btc and $10,000 left in checking. Maybe I should get one of those bitcoin backed loans to buy more bitcoin.
The benefit of that would be you don't have to pay it back because the company won't exist anymore.
June 18, 2022, 04:45:41 PM
(whining)... need to feed my family... something something.. 13k bottom... blablabla.. my net worth just dropped 20%.... cry cry cry... have cash money left for 2 months living...
Now this feels like a real capitulation!
Now this feels like a real capitulation!
Yes, this is how I feel around every bottom.
June 18, 2022, 04:44:52 PM
the feelings are currently worse than the actual decline %.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.
And the fact that we were dropping from height of a blow off top back in 2018....
not some pathetic x3 like this time...I now think that bitcoin market was "pricing in" future stock declines (due to inflation and IR rises) and maybe even a possibility of a war, hence much LOWER rise than expected.
Who knows how market sniff it out, but they do it, always.
June 18, 2022, 04:44:02 PM
(whining)... need to feed my family... something something.. 13k bottom... blablabla.. my net worth just dropped 20%.... cry cry cry... have cash money left for 2 months living...
Now this feels like a real capitulation!
Now this feels like a real capitulation!
June 18, 2022, 04:43:46 PM
"they" might be going for 13600$
It seems if we reach down there, Celsius' holdings get liquidated and 24k BTC get thrown on the market.
If that happens we might just get the Vegeta memes ready again..
https://www.reddit.com/r/CelsiusNetwork/comments/vdxnq2/celsius_liquidation_price_is_now_13601/
disclaimer:
just stuff that I found... verify yourself pls
Seems right to me, either that or they are actually trying to destroy bitcoin here.
If they really wanna do harm, these liquidation come in handy. They wouldn't need to so much coins of their own to sell but could also use the liquidated coins to dump the price. Luna's BTC already used. Maybe Celsius' coins are next.
If that theory is correct, it would make sense that they seem to be in quite a hurry to dump (without bounces) : If not all done in one go, they'd probably lose momentum and would need more coins to reach their target low.
June 18, 2022, 04:43:26 PM
I am in utter disbelief we just shouldn't be here.
You are right. But markets give 0 fucks about that.
I am just angry that every penny of capital I have either already IS bitcoin, or I need for my family and cannot risk, though the risk grows smaller and smaller.
Same here, I got 5.5 btc and $10,000 left in checking. Maybe I should get one of those bitcoin backed loans to buy more bitcoin.
The benefit of that would be you don't have to pay it back because the company won't exist anymore.
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