Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5523.

LoyceV

legendary

Activity: 3290

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Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: Elwar on May 04, 2021, 09:04:51 PM

You know how when random relatives contact you and ask about bitcoin that it's about time to start considering selling?

I got asked my a distant cousin "what do you think about dodge?".

I just sold 5000 of them. I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left. But I do have a buy order for 100,000 Doge once they hit €0.002. In retrospect, I should have done that last year. But given Doge's track record, it's a cheap gamble that I expect to pay off somewhere in the next 4 years.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: shahzadafzal on May 05, 2021, 02:16:26 AM

Quote from: somac. on May 05, 2021, 01:27:17 AM

A huge amount of doge is traded on Binance, in fact so much that the volumes there have either massivly exceeded or matched the Bitcoin USD volumes since this whole doge pump begun last month.

Does that seem a little odd to anyone or is it just me? What considering the market caps and all.

Binance coin also pumped very high (just without the volume of doge). So what's going on over there at Binance? just doesn't seem legit to me.

Yes you are right I always feared these big exchange can manipulate and even influence users buying and selling behaviors. This is happening exactly the same way they set the pattern and set trends. It's like giant social media platforms like Facebook and Yotube. One trend will be all over the platform same thing is happening here.

and what you said about BNB and DOGE looks like binance has to do something with it i remember same pump in april too when Doge rose BNB followed and at same time Bitcoin in it's lowest fifties.

Edit:

Don't forget this dirty secret of DOGE, little outdated but still valid

“Over 65% of Dogecoins are distributed among just 98 wallets across the world, while the single largest wallet holds 28% of all Dogecoins. In fact, just five wallets control 40% of the coin's supply. Essentially, around 100 people control the entire $46 billion DOGE market.” Published on yahoo finance on 19 Apr 2021

Yep something must be rotten over there at Binance, They've always seemed like a shady exchange to me.

Those wallets that hold all the doge, I wonder if any coins have moved from them? It's possible there are a lot of lost doge out there.

bitebits

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Flippin' burgers since 1163.

https://antpumps.com

OutOfMemory

legendary

Activity: 1708

Merit: 3439

Man who stares at charts (and stars, too...)

Quote from: Wilhelm on May 05, 2021, 04:09:15 AM

Quote from: Elwar on May 04, 2021, 09:04:51 PM

You know how when random relatives contact you and ask about bitcoin that it's about time to start considering selling?

I got asked my a distant cousin "what do you think about dodge?".

Yup the FOMO indicator is the best indicator.
Combined with a parabolic growth means GTFO!

The "Day of the dead DOGE" seems to be near, yes.
I also expect Bitcoin to be back at $58k within a few days, according to my TA lines and shit.
We'll see.

Gotta cash out a bit for floor tiles, doors and the electrician, soon.

Wilhelm

legendary

Activity: 1652

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Quote from: Sayeds56 on May 04, 2021, 09:53:36 PM

Quote from: LittleBitFunny on May 04, 2021, 05:57:58 PM

Nowadays stop-loss is mandatory, no indicator is working perfectly...

This is how you save your capital when use stop - loss.

Well this is bad advice with Bitcoin.
A downward swing of 20% van literally happen every day.
You will get caught on your stop loss and have to buy back 20% higher again....

Also Bitcoin will always increase. Sometimes you have to wait a few years but it will go higher....

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: Elwar on May 04, 2021, 09:04:51 PM

You know how when random relatives contact you and ask about bitcoin that it's about time to start considering selling?

I got asked my a distant cousin "what do you think about dodge?".

Yup the FOMO indicator is the best indicator.
Combined with a parabolic growth means GTFO!

OutOfMemory

legendary

Activity: 1708

Merit: 3439

Man who stares at charts (and stars, too...)

Quote from: heslo on May 05, 2021, 03:12:28 AM

Quote from: machasm on May 05, 2021, 03:03:34 AM

Quote from: serveria.com on May 05, 2021, 02:43:48 AM

Quote from: heslo on May 05, 2021, 02:13:56 AM

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin? Grin

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

That is my worry as well

Liquid and Lightning are still in their early days. Paypal, Visa and even Banks will help paving the way for adoption, until every cash register in the 1st world is connected to a lightning node. Give it some time. Bitcoin does not really need speculating retail noobs, should they burn their hands with alts. Every rush is followed by a hangover. The slow rise of BTC is good for adoption. Remember: We don't want to get rich fast, but we don't want to get poor slowly.

Whenever i struggle with trust in Bitcoin's success, i focus on the bigger picture:
It's not about what Bitcoin is worth in shitty fiat, it's what bitcoin itself actually is.

serveria.com

legendary

Activity: 2422

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Privacy Servers. Since 2009.

Quote from: heslo on May 05, 2021, 03:12:28 AM

Quote from: machasm on May 05, 2021, 03:03:34 AM

Quote from: serveria.com on May 05, 2021, 02:43:48 AM

Quote from: heslo on May 05, 2021, 02:13:56 AM

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin? Grin

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

That is my worry as well

Worrying about retail investors getting scared is so 2017... Cool

Who needs them in 2021?

El duderino_

legendary

Activity: 2716

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BTC + Crossfit, living life.

Or...... should that be 2 merits.... Roll Eyes

heslo

legendary

Activity: 1235

Merit: 1202

Quote from: machasm on May 05, 2021, 03:03:34 AM

Quote from: serveria.com on May 05, 2021, 02:43:48 AM

Quote from: heslo on May 05, 2021, 02:13:56 AM

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin? Grin

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

That is my worry as well

machasm

hero member

Activity: 786

Merit: 857

Quote from: serveria.com on May 05, 2021, 02:43:48 AM

Quote from: heslo on May 05, 2021, 02:13:56 AM

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin? Grin

I do fear that all these noobs getting sucked into sh*tcoins does have a detrimental affect on Bitcoin.
After it all goes to hell and leaves a bitter taste in noobs mouths, they will be more reluctant to enter into bitcoin a second time around.
Worse still is the fact that the nanny state will probably step in at some point to "Save" the people from themselves.
I think it just slows the whole adoption.

serveria.com

legendary

Activity: 2422

Merit: 1191

Privacy Servers. Since 2009.

Quote from: heslo on May 05, 2021, 02:13:56 AM

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

I dunno, I don't care what happens in the shitcoin world. Frankly, I don't even care if they exist at all. I've never owned any shitcoin (except for the early BTC forks obviously). Just spotted something funny: while I was typing this post spellchecker offered me to replace the word "shitcoin" with "bitcoin". So my spellchecker is a bitcoin maximalist and generally pro-bitcoin? Grin

shahzadafzal

copper member

Activity: 1526

Merit: 2890

Quote from: somac. on May 05, 2021, 01:27:17 AM

A huge amount of doge is traded on Binance, in fact so much that the volumes there have either massivly exceeded or matched the Bitcoin USD volumes since this whole doge pump begun last month.

Does that seem a little odd to anyone or is it just me? What considering the market caps and all.

Binance coin also pumped very high (just without the volume of doge). So what's going on over there at Binance? just doesn't seem legit to me.

Yes you are right I always feared these big exchange can manipulate and even influence users buying and selling behaviors. This is happening exactly the same way they set the pattern and set trends. It's like giant social media platforms like Facebook and Yotube. One trend will be all over the platform same thing is happening here.

and what you said about BNB and DOGE looks like binance has to do something with it i remember same pump in april too when Doge rose BNB followed and at same time Bitcoin in it's lowest fifties.

Edit:

Don't forget this dirty secret of DOGE, little outdated but still valid

“Over 65% of Dogecoins are distributed among just 98 wallets across the world, while the single largest wallet holds 28% of all Dogecoins. In fact, just five wallets control 40% of the coin's supply. Essentially, around 100 people control the entire $46 billion DOGE market.” Published on yahoo finance on 19 Apr 2021

heslo

legendary

Activity: 1235

Merit: 1202

Jesus! The shitcoin market is fucked, literal absolute garbage shit is being pumped to the stratosphere. This won't end well, when the correction comes, and it will, there will be a lot of pain to go around. Interesting times ahead people!

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: shahzadafzal on May 04, 2021, 08:53:38 PM

“Bitcoin dragging all markets down as people flee to superior assets such as Dogecoin.”

I've seen that.
Imho it's a proof that too many people write on social media when they're high.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

A huge amount of doge is traded on Binance, in fact so much that the volumes there have either massivly exceeded or matched the Bitcoin USD volumes since this whole doge pump begun last month.

Does that seem a little odd to anyone or is it just me? What considering the market caps and all.

Binance coin also pumped very high (just without the volume of doge). So what's going on over there at Binance? just doesn't seem legit to me.

Edit: looks like doge will bring the whole market down with it. When ever I see it go down a little so does BTC, even though BTC has been going down as doge has gone up. People really are stupid and it seems like BTC is damned either way right now. What this says to me is that BTC is a very good buy right now (and more so if it goes lower) as it is currently oversold by stupid people.

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

What stop-loss? I just HoDL and enjoy the show. It will be fun reading the above comments this time next year.

As for "dodge" owners, I hope you enjoy your new pet dog, it sure looks great, but won't protect you, won't play with you, and worst of all, it shits a lot and you'll be left taking care of the mess... Good luck.

HoDL BTC.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

Quote from: LittleBitFunny on May 04, 2021, 05:57:58 PM

Nowadays stop-loss is mandatory, no indicator is working perfectly...

This is how you save your capital when use stop - loss.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

You know how when random relatives contact you and ask about bitcoin that it's about time to start considering selling?

I got asked my a distant cousin "what do you think about dodge?".

shahzadafzal

copper member

Activity: 1526

Merit: 2890

Ready to hear a joke?

“Bitcoin dragging all markets down as people flee to superior assets such as Dogecoin.”

https://twitter.com/cryptocobain/status/1389602375548035074?s=21

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5523. (Read 26608250 times)