Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6263. (Read 26709128 times)

My best guess is that we correct 'sideways' with $26k as the bottom end (not immediately but a few bumps away). An excellent period to accumulate more  

Yeah I saw that too.
Looks like a Bitmex screwup for allowing a user to withdraw without block confirmation or only single block confirmation.

Ah the old fake "double spend" news as well. Classic.

Someone must have wanted to take a large position.

I figure that we're only about 2-3 months out from a major bullish announcement. One of many coming this year.

Good morning Bitcoinland.

Still bouncing along in the $3xxxx range... currently $32021USD/$40420CAD (Bitcoinaverage).

The buying opportunity continues.

  :thumbsup:

What i like!

Quote: "The price of bitcoin slipped 10% in two days to fall below the $32,000 level for the first time since Jan. 11."

Wait ... that's 10 day ago ... 

This is fine. Into btc since 2013. Gone through hundreds of FUDs to drop the price short term. So the whales just squeeze out the newbies of a cycle. 2014 or 17 big trend was "China banned Bitcoin" on a monthly Basis, ATH after ATH. Now it's the US, Biden or who ever. Hodl. Even if it's the end of the bullrun, wich I dont think so, in 2-4 years next cycle begins. I expect lots of blood and pain before the next ATH. Still does not feel that painful so far. Sub 25k we talking about pain. Sub 20k would be serious blood loss. But so far we never dropped below last cycle ATH.

But wasn't there the curse, where someone mentioned the bitcoin in a positive way and the price plummeted? Was the cnbc or cbs or another cxx? Don'T know any more.

Yep, the MSM is always right on top of it when reporting negative Bitcoin news.

Two-day bitcoin sell-off wipes out $100 billion from the entire crypto market
https://www.cnbc.com/2021/01/21/bitcoin-btc-price-falls-wiping-off-100b-from-entire-crypto-market.html

And of course their favorite word "plunge" shows up several times.


Ya hear that Average Joe, stay away!

When was the last time, when the leader of world biggest economie openly talk about taxation of not realized gains? Never!


But in the long run I agree, the price will rise.

But as you are since 2014 here on the board, you know what FUDdy brain farts do, when we are currently moving downward. I am pretty sure it will go up again. But in the end of 2017 all I read here was. Buy the dip ... bla bla bla ... don't hear about the FUD. And basically nothing happend since 2017. No actions, no crypto ban, no, no or not many hurting regulations, only brain farts 2 or 4 times that china or what ever bans crypto bla bla ...

this cause a decline from 20k to 3k (and the fact, that you could bet on declining prices).

So yes, the price is also driven by the future market by these fucking long and short liquidations. (all the leverage shit fuck up). And by more FUD came together and the next 10% / 20% decline you will always have panic sellers and more long liqudations which decline the price further down. (on the upwards trend the short liquidations drive the price.)

I am bullish in the long run. Bought and mined my first BTC's in 2011. (and sold them in the same year and 2012 and so on ... so no whale here).

But brain farts hurt the price, if there is enough, as we seen in the past. What do you think, why we hit today 31k (and no bottom yet)? It's also about this brain farts. And maybe be go to 50k in Feb. (the hopes are on grayscale, but what if they buy nothing?), that we have to wait 3 or 5 years again. And maybe you have enough time on your end. But mine is not endless. 3 or 5 year more working means 3 or 5 year later into the pension on my island with my boat and helicopter

Only because you say, that only action matters, doesn't mean, that all other market participant see it this way.  As we saw in the past multiple times. FUD can hurts. And yes this is complaining on a very high level.

If the right person has brain farts, that it hurts the market. And maybe institutional players are scared with this shit.

All things can happen. (would be nice, if I can bought me finally a house until the end of the year - the stupid prices are a joke here >500k for a normal house. nothing fancy. nothing big. 700m² ground and 200m² house ... what a joke!)

All my orders filled down to $31k. Placing an order to double-tap $31k and see how things go.

Almost stacked 0.1 BTC in the last 24 hours.

EDIT: Seeing some shorts getting rekt. A new hope ?
EDIT2: Nope. Order in to triple-tap $31k, then next target at $30.5k. > 0.1 BTC stacked since the USA didn't fall apart yesterday.

I thought this would happen after old Joe took office. Hardly surprising.

BlackRock will deal in futures, not corn. They will try to profit from both up and down. Historically, some of the big players in the futures market have pushed btc down at maturity dates, or at least tried to. Many times they succeeded. This time I'm not so sure they'll get lucky by shorting the (virtual) corn.

We will tax you on unrealized gains.
Here are my unrealized tax dollars my brokerage sent me some forms.

What is this? A dump for ants? Whale orchestrated dump for BlackRock to get in? 

#HODL #nextstop50k 

The perks of never have been rich: you cannot get poor again!

Poor again

Please, print da money! That simply means more opportunities to buy bitcoins.

Kinda neat that Bitcoin is on sale, hope it holds till I get yet another $1400 check to buy coinz.....