We all know how it ends...
HoDL.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6987. (Read 26720873 times)
October 20, 2020, 06:43:55 AM
Observing the charts:
We all know how it ends...
HoDL.
We all know how it ends...
HoDL.
October 20, 2020, 06:43:28 AM
as always: there is a pump and it gets dumped the shit out of it. who in his right mind is playing with this Uber-fire? e v e r y metric regarding bitcoin is bullish. what is the gain if I burn $2mio to dump the price back where it was 1 hour ago, when in general price is going upwards for 10 years?
since this is a speculation subforum there ought to be traders here. what strategy do traders follow when they market dump bitcoins that are worth millions? I don't get it.
since this is a speculation subforum there ought to be traders here. what strategy do traders follow when they market dump bitcoins that are worth millions? I don't get it.
In the near past we used to call this the shaking out of weak hands.
Edit:
In other words, call their bluff and buy like a MOFO - with FOMO.
October 20, 2020, 06:41:13 AM
Pretty sure it's caused by margin traders getting called and liquidated, which then carries over to the other exchanges by arbitrage bots
October 20, 2020, 06:36:14 AM
as always: there is a pump and it gets dumped the shit out of it. who in his right mind is playing with this Uber-fire? e v e r y metric regarding bitcoin is bullish. what is the gain if I burn $2mio to dump the price back where it was 1 hour ago, when in general price is going upwards for 10 years?
since this is a speculation subform there ought to be traders here. what strategy do traders follow when they market dump bitcoins that are worth millions? I don't get it.
since this is a speculation subform there ought to be traders here. what strategy do traders follow when they market dump bitcoins that are worth millions? I don't get it.
October 20, 2020, 06:06:28 AM
October 20, 2020, 06:03:25 AM
looking good.
rocket.gif
rocket.gif
October 20, 2020, 06:02:13 AM
Craving for 14 k today
October 20, 2020, 04:58:35 AM
Soon
October 20, 2020, 04:45:52 AM
First successful multi-Raptor engine test fire of Starship prototype! To the moon! (and Mars)
https://youtu.be/Bc4_iu7U3ic?t=8830
https://youtu.be/Bc4_iu7U3ic?t=8830
October 20, 2020, 04:30:43 AM
me - bitcoin
them - omg omg omg bitcoin? but that uses up all the planet's scarce resources, i literally can't breathe because of your funny internet game tokens
me - https://bitcoinmagazine.com/articles/introducing-cbpi-a-new-way-to-measure-bitcoin-network-electrical-consumption
them - that's a lot of words, I have sandalwood chopping boards to craft and you want to literally starve me to death
me - tl;dr:
them - yeah i don't know much about science, but i know what i like
me - (barely resisting the urge to literally stop them breathing) have fun staying poor
My pick: let's get rid of X-mas lights! Let's buy fireworks instead. them - omg omg omg bitcoin? but that uses up all the planet's scarce resources, i literally can't breathe because of your funny internet game tokens
me - https://bitcoinmagazine.com/articles/introducing-cbpi-a-new-way-to-measure-bitcoin-network-electrical-consumption
them - that's a lot of words, I have sandalwood chopping boards to craft and you want to literally starve me to death
me - tl;dr:
them - yeah i don't know much about science, but i know what i like
me - (barely resisting the urge to literally stop them breathing) have fun staying poor
October 20, 2020, 04:03:43 AM
A PUMP FOR ANTS ?!???
Ant or not, I have to confess I do feel better when I see the price at over 10k EUR.
10000€ yesterday.
It was there today too for a short while.
October 20, 2020, 03:48:11 AM
10000€ yesterday.
I decided to stop my experiment "trading" BTC, after 6 months. It worked about as intended, if the price goes back to what it was in April, I will have grown the starting capital both in BTC and EUR, but my hodler self is taking over so I don't want to sell anymore BTC. I have cancelled all my sell orders and only kept my buy orders. I have a decent EUR stash to buy BTC when/if it goes down again. Next time I do some trading I will probably start with EUR only, with the goal to only grow the EUR stash (and spend the gains buying BTC, for example).
Overall I think I sold less BTC than I would have otherwise, because pumps always made my heart pump, while with this strategy ups and downs led to excitement, but I've had enough excitement for a while. And I believe more and more, with what's happening with central banks, that BTC is destined to go to 6 digits in a few years at most.
I decided to stop my experiment "trading" BTC, after 6 months. It worked about as intended, if the price goes back to what it was in April, I will have grown the starting capital both in BTC and EUR, but my hodler self is taking over so I don't want to sell anymore BTC. I have cancelled all my sell orders and only kept my buy orders. I have a decent EUR stash to buy BTC when/if it goes down again. Next time I do some trading I will probably start with EUR only, with the goal to only grow the EUR stash (and spend the gains buying BTC, for example).
Overall I think I sold less BTC than I would have otherwise, because pumps always made my heart pump, while with this strategy ups and downs led to excitement, but I've had enough excitement for a while. And I believe more and more, with what's happening with central banks, that BTC is destined to go to 6 digits in a few years at most.
October 20, 2020, 03:38:49 AM
WHAT IS THIS ?!
A PUMP FOR ANTS ?!???
A PUMP FOR ANTS ?!???
Not so much a green dildo, as a mint butt plug.
But hey... us ants appreciate it.
I'm feeling a tingling down there... must be the mint.
October 20, 2020, 03:33:35 AM
from https://twitter.com/propelforward/status/1318340321701396481
Quote
a #thread on the #FinCEN $60mm civil money penalty assesed against #harmon related to #Helix #crypto tumbler as a service that was used to launder #bitcoin for much of the dark web. Buckle up. Allegations is ugly. 1/x
October 20, 2020, 03:29:30 AM
me - bitcoin
them - omg omg omg bitcoin? but that uses up all the planet's scarce resources, i literally can't breathe because of your funny internet game tokens
me - https://bitcoinmagazine.com/articles/introducing-cbpi-a-new-way-to-measure-bitcoin-network-electrical-consumption
them - that's a lot of words, I have sandalwood chopping boards to craft and you want to literally starve me to death
me - tl;dr:
them - yeah i don't know much about science, but i know what i like
me - (barely resisting the urge to literally stop them breathing) have fun staying poor
them - omg omg omg bitcoin? but that uses up all the planet's scarce resources, i literally can't breathe because of your funny internet game tokens
me - https://bitcoinmagazine.com/articles/introducing-cbpi-a-new-way-to-measure-bitcoin-network-electrical-consumption
them - that's a lot of words, I have sandalwood chopping boards to craft and you want to literally starve me to death
me - tl;dr:
them - yeah i don't know much about science, but i know what i like
me - (barely resisting the urge to literally stop them breathing) have fun staying poor
October 20, 2020, 03:02:56 AM
yep here's the speech, dull though it is
https://www.youtube.com/watch?v=g-jegM5q-yo&feature=youtu.be&t=535
LIVE: Fed Chair Jerome Powell speaks to the IMF on digital currencies [CBDC's]
Brr man speaks
LIVE: Fed Chair Jerome Powell speaks to the IMF on digital currencies [CBDC's]
Brr man speaks
and here's our pal Pal's pre-emptive shill/response, dull but outlines the cbdc thing pretty well
https://youtu.be/qL2LfVRl3J0 The Bitcoin Life Raft: The End of Monetary & Fiscal Policy As We Know It (w/ Raoul Pal)
Quote
Real Vision CEO, Raoul Pal, breaks down the events leading to the recent tidal wave of interest in Central Bank Digital Currencies. He touches on the various crises that have encouraged the rampant printing by central banks and the destructive consequences this has left in its wake. Touting Bitcoin as the unkillable “cockroach of finance” and the life raft for this transitional period in history, Raoul sees CBDCs as the killer of stable coins and the start of a new era in the world of monetary and fiscal policy - the first major steps of technology eating the traditional finance world. Pal says that all of the macro signals are pointing towards a major shift in how the system is run. He cites the allowance of banking custody for crypto assets by regulators, major corporate treasuries investing in Bitcoin, and new types of banks, such as Kraken, all as pivotal events in the coming shift to a digital asset world. Filmed on October 18, 2020.
October 20, 2020, 02:38:23 AM
Jeff Bridges diagnosed with lymphoma 
Read it too ..... I’m getting depressed by sh*t like that
October 20, 2020, 02:35:12 AM
October 20, 2020, 02:27:13 AM
https://twitter.com/filbfilb/status/1318181034169683968
Quote
Bitcoin's cyclical behaviour is difficult to escape from.
Same week 4 years ago, Bitcoin was trying to finally break the 50% bear market fib retracement.
It never looked back after that & tested ATH by January.
This time it's different?
[...]
From this point in the last cycle, Bitcoin did a 30x in a little over a year.
Going from $700 to $20k in 12 months was pretty much unthinkable.
Happened though!
Same week 4 years ago, Bitcoin was trying to finally break the 50% bear market fib retracement.
It never looked back after that & tested ATH by January.
This time it's different?
[...]
From this point in the last cycle, Bitcoin did a 30x in a little over a year.
Going from $700 to $20k in 12 months was pretty much unthinkable.
Happened though!
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