Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4542. (Read 26623248 times)

Just buy regularly.. and then buy on dips from time to time.. and once you get overstocked with BTC.. you can sell a wee bit, but hopefully not too much and don't sell in order to buy back later... even if you might end up buying back later with proceeds from your sales.. and fuck stop losses.. they are merely manipulation tools that are not needed in order to either get richie, to benefit from bitcoin's asymmetric bet.. so long as you are largely going long without fucking around with any significant levels of trading.

You asked..

And so, therefore, there you have it.


I believe that it is called fat fingered.. meaning that it was a mistake... but who knows.. bears might be getting desperate and willing to lose in order to hope that they can control this bad boy.


Hahahaha

Picturing Wekkel with one big finger.. and a bunch of skinny ones. #nohomo  

Long JJG posts keep my ‘skip this’ scroll finger in shape. Don’t take this away.

Yes... chartbuddy.. that jerk.. doesn't use words... hardly...


As I type this here post, I am considering that I am going to have to start to really ponder....



 over the contents of my intended posts



and


summarize each and every thing therein that I would want to say down to one or two sentences..   







That's going to really help.......   






......  rite?





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...  AmiNOTrite?


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NOT!!!!!!


 



 

Explanation

Huh?  They have made quite a few claims to super sound money or whatever the fuck that is supposed to mean based on some of their latest supposed burning of tokens.

I am getting sick just considering some of these posts on the topic that we should be comparing which shitcoin is less shitty.  blah blah blah.


Oh gawd.. we have a budding soothsayer....

 


 

... mmm, looks like institutional level fuckery, like to stall a massive run into a newly opened futures ETF

Checked the price then went to the W.O. for my usual replies-update and saw this, guess I've already lost without even starting the game 

Ooohhhh! You Poor Thing!!!
You Got 42K corn that screwed up all you bot figurations?

Excuse me while I cry you an F'n Mississippi River!!!

Explanation

Wow... I had not realized this until I saw your post, Paashaas. 

A bit strange for me, because of the way that I have been changing around my buy orders in recent times... Actually historically, some members here might remember that last year I had buy orders down to about $9k, but in recent times, I had considered ONLY maintaining buy orders down to the 208-week moving average, which is nearly $17k, but even based on my own moving around of values and even spending some my value, I have only kept buy orders down to $24k and on that particular exchange, I had only maintained buy orders down to $42k  (which started at $60k) - so all of my buy orders on that exchange (about 17 of them were filled between $42k and $60k).. cannot really complain... except such surprise filling of all of those orders did cause me to have to reset a number of orders and to consider how I was going to treat this whole matter in order to attempt to get my systems rebalanced... and yeah did mess me up in terms of further overallocating into BTC by filling those extra orders.. but who is going to complain about a discount - when considering spot price, right?

I'm going to have to take exception there. For XRP to be a scam in crypto history, it would have to be a crypto.

You mean the Hyperloop guy?

Just hodl? Mebe?

No worries, Amazon has already got you covered with their upcoming smart (*cough* spy *cough*) refrigerator:

https://www.theverge.com/2021/10/5/22711240/amazon-smart-fridge-cameras-go-stores

Explanation

^ this game would probably result in a WO funeral (mass) event.

I would definitely be dead from this game

That's indeed always the trick   Or least go for "the" big wall, as opposed to a big wall.


Bots don't appear to reduce the chance of flash crashes though, at least not on Bitstamp very recently, if anything they encourage these flash crashes.
The algorithms just "help" to drive the price back up usually within millisecond(s).

Previously it'd take a few minutes for "real-ish life traders" to buy the price back up to a reasonable level, now it all happens in a blink of an eye as you probably know, usually within a second or a few, before traders can place buy or sell orders themselves most notably. The relevance is the bots will always allow the price to crash (no doubt triggering their stop losses as well), but immediately buy back once the selling has ended (ie the backlog of stop losses cleared through) or there is sign of buying strength. The sign of buying strength is simply the fastest or most sophisticated algo bot that first buys the lows  

In summary it seems bots help the price to "stabilise" back to it's previous un-crashed value, but not before selling the drop and buying the lows. Probably being responsible for a fair few flash crashes as well.

It mainly just means traders using stop losses (nearly all of them) get stopped out and lose their positions  

EDIT: Out of my lil memory handicap and usual habit, i lost the game after less than 30 secs, pretty much straight after answering your post  

EDIT2: Challenge me!