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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3472. (Read 26712860 times)

legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Quick dip below $30K as quick as we hopped above $31K.  It seems like there are some people with differences of opinion about which way this market is headed.  I think in the short term we appear to be oversold a little bit as there was some heavy selling to break through $30K.  It seems like the trips above $30K are shorter and shorter though.  This is the most clueless I've been about where the price of Bitcoin is headed, but I'm enjoying watching the market and trying to soak up all the I can.

Obviously market is really boring at the moment, it is only a paradise for the scalper. Anyway, I see high manipulation with strong accumulation in this price range, so, before a new rise, maybe we should expect a lot of time,

I think at least the new year, it is too early at the moment.

Hope to not see a price under the 25k-27k range.


Bear markets are a thriving ground for newly hatched manipulators, who think that they can outsmart  the market. There are at least 2 of them currently - one in Bitfinex and one in Binance. I've watched a flashing 2K BTC wall in Binance the whole day yesterday. I guess this night's drop is related to that guy.

Peeps tend to believe that playing with big money can bring bigger profit. In reality, these are low IQ n00bs who, just like the seekers of buried treasures, go around the block asking for money from criminals with promises of a double return. Then they use this  to take a 100x loan from some exchange and place some random 100x long. In 99% of the cases they fail completely, which means they will soon lose a leg, hand or even their life. In the remaining 1% they get several hundred bucks for themselves, write a proud TA on tradingview.com until the next time when they get burned.

Meanwhile, the accumulation is accelerating and despite the lack of influence on the price, it is very important even for mid-term. This short-long play can't be played indefinitely as the n00bs think. One day some exchange or all of them won't follow the sell and - Bang! The manipulator has shot himself in the foot! Then he won't be able to buy again at his selling point and if he tries to return higher, a second blow to his short will follow, which will leave him out of the game forever. We just need patience and doing our DCA stuff. The reward will be worth the wait!
legendary
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legendary
Activity: 1624
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Reputation first.
Quick dip below $30K as quick as we hopped above $31K.  It seems like there are some people with differences of opinion about which way this market is headed.  I think in the short term we appear to be oversold a little bit as there was some heavy selling to break through $30K.  It seems like the trips above $30K are shorter and shorter though.  This is the most clueless I've been about where the price of Bitcoin is headed, but I'm enjoying watching the market and trying to soak up all the I can.

Obviously market is really boring at the moment, it is only a paradise for the scalper. Anyway, I see high manipulation with strong accumulation in this price range, so, before a new rise, maybe we should expect a lot of time,

I think at least the new year, it is too early at the moment.

Hope to not see a price under the 25k-27k range.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
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donator
Activity: 4760
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Leading Crypto Sports Betting & Casino Platform
Quick dip below $30K as quick as we hopped above $31K.  It seems like there are some people with differences of opinion about which way this market is headed.  I think in the short term we appear to be oversold a little bit as there was some heavy selling to break through $30K.  It seems like the trips above $30K are shorter and shorter though.  This is the most clueless I've been about where the price of Bitcoin is headed, but I'm enjoying watching the market and trying to soak up all the I can.
legendary
Activity: 2380
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legendary
Activity: 2716
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Once a man, twice a child!
ubg
newbie
Activity: 16
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legendary
Activity: 2380
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legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Another bitmex style bart. So expected, that only 29M longs were liquidated. This is compared to the other day 1% drop and 200mil longs liquidated only in bitfinex. Are bears in a dead end? Scraping naked shorts with next to 0 profit? Selling to their own bids to simulate a crash? May be next time they will fall into a bear trap? This should easily bring back 40K in play.
hero member
Activity: 952
Merit: 779
Bitcoin has experienced choppy price action following nine consecutive red weekly candles. And the last few days, the price has consolidated between the $28,000 and $31,000-$32,000 range which ended the nine red candles with the appearance of a green candle for the 10th week. But in the 11th week we now see the red candle again. And this is an annual low recorded in May 2021.

With this is it possible BTC could drop below $24,000 before a possible relief rally.
member
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Take profit in BTC. Account PnL in BTC. BTC=money.
legendary
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legendary
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member
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Take profit in BTC. Account PnL in BTC. BTC=money.
The Strange Story of Satoshi Nakamoto’s Spelling Choices

Breakdown of Satoshi’s spelling.


Satoshi’s spelling by day of week.


Satoshi’s spelling choices (words grouped by common stem).


Full article
https://ungeared.com/the-strange-story-of-satoshi-nakamotos-spelling-choices-part-1/

Interesting read. Actually, a person mixing British and American spelling is most probably NOT a native speaker (writer). I'd say we should consider European countries where English is being taught in school at a decent level like the Netherlands or Sweden...  Cool

Actually, a cypherpunk mixing British and American spelling is most probably NOT doing it by accident.

Take me, for example.  I have been mixing British and American spelling in this account, which I originally created as an anonymous throwaway.  I was doing it before this discussion was raised—check my post history.  If I so wished, I could show you something I have previously written elsewhere, under a different pseudonym, frankly stating that I switch my spelling at will.

Sometimes, I do it as the sort of subtle, self-referential meta-joke that few will catch; e.g., from before your post:

Of course, that means Satoshi is British!  Because it’s not as if an honorable old cypherpunk could ever intentionally sow disinfo to divert future rumours.

That was fully intentional, I assure you.  I must amuse myself somehow.

I have been doing this for decades.  It is a well-developed habit.  I consciously switch between spelling variations, applying one or the other consistently for a particular pseudonym—or I consciously mix them, when I so desire.  And this goes far beyond mere spelling.  I am conscious of regional differences in vocabulary (“trunk” vs. “boot”), idioms, and, as applicable, punctuation.  Occasionally, I slip in the type of catachresis that would be expected of a non-native English speaker—say, using “auto” for “automobile” in a context where a native English speaker would not; a German may make that mistake.  When I so choose, I can also mimic the writing style and markup formatting of well-known persons; perhaps I may do that to troll the types of small souls who would be excited by a quixotic hunt for my “main account” (which one?).

I could be British, American, Continental European, Asian—or most anything else.

Satoshi was an old-school cypherpunk.  He used a pseudonym, he used Tor, and he otherwise spent considerable effort to conceal his identity.  He exhibited a keen awareness of privacy issues.  He was highly intelligent.

Do you suppose that he couldn’t do what I do?



In analysing such matters, most people make the fallacy presuming average abilities.  It is unsurprising, for the obvious reason.

The average person lacks the language skills to perform such a feat consistently—let alone to do it easily, as a matter of habit.

Do you suppose that Satoshi was of average intelligence?

Persons of rare, extraordinary intelligence exist in many societies.  They are statistical outliers.  They cannot be analyzed by comparison to their neighbours.

If you start with the premise that Satoshi was a genius, then it follows in reason that he could be British, American, Continental European, Asian—or most anything else.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
bitcoin loves Sweden (and hates Russia, as do every normal person in the world).

Bitcoin loves Russia, and Sweden, and the Ukraine, and America, and everyone else.

That’s not some sort of hippie singing-Kumbaya nonsense.  It is the hardheaded practical wisdom of an absolutely neutral monetary system—something that you will appreciate when the shoe is on the other foot.

Russia is welcome to use Bitcoin!  It also means that Putin can’t stop anyone anywhere from using Bitcoin.  That is a package deal:  You can’t get one without the other.

I defend my enemies’ right to use Bitcoin, and I even encourage them to use Bitcoin.  For if they use Bitcoin, their self-interest then compels them to protect my Bitcoin.  The more I hate someone, the more I want that person to use Bitcoin.  It should go without saying, I also want my friends to use Bitcoin; and the more I love someone, the more I want that person to use Bitcoin.  As such, nothing that I say about Bitcoin implies anything either way (or any which way) about my own political alignments.

It was a joke Sheldon.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto


Going long now. That last one kinda looks like a bart to me.
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