Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 718. (Read 26469254 times)
February 28, 2024, 07:01:20 PM
February 28, 2024, 07:01:07 PM
Coinbase: Do not worry, your funds are safe, our top security person is fixing the crash
The security:
https://twitter.com/CramerTracker/status/1762906887165473180
This is absolutely insane:
The Coinbase, $COIN, crash just erased $100 BILLION of market cap in #Bitcoin in 15 minutes.
Between 12:15 PM ET and 12:30 PM ET, Bitcoin fell from $64,000 to $59,000.
This was a near 9% swing in 15 minutes right as many Coinbase users began showing a $0 balance in their account.
It also happened to occur just as Bitcoin was less than 10% away from a new all time high.
Coinbase is reportedly still working on fixing the issue.
What just happened?
https://twitter.com/KobeissiLetter/status/1762899668055232549
JUST IN: Coinbase CEO says "We are dealing with a LARGE surge of traffic" that crashed the exchange.
https://twitter.com/BTC_Archive/status/1762902467149238493
The security:
https://twitter.com/CramerTracker/status/1762906887165473180
This is absolutely insane:
The Coinbase, $COIN, crash just erased $100 BILLION of market cap in #Bitcoin in 15 minutes.
Between 12:15 PM ET and 12:30 PM ET, Bitcoin fell from $64,000 to $59,000.
This was a near 9% swing in 15 minutes right as many Coinbase users began showing a $0 balance in their account.
It also happened to occur just as Bitcoin was less than 10% away from a new all time high.
Coinbase is reportedly still working on fixing the issue.
What just happened?
https://twitter.com/KobeissiLetter/status/1762899668055232549
JUST IN: Coinbase CEO says "We are dealing with a LARGE surge of traffic" that crashed the exchange.
https://twitter.com/BTC_Archive/status/1762902467149238493
February 28, 2024, 06:31:36 PM
Hedge funds are shorting the hell out of Bitcoin right meow. This is likely going to come back to haunt them. Any short is a future buy, so imagine setting yourself up to have to buy Bitcoin at a higher price in the future. I wouldn’t be surprised if there are more shorted BTC than BTC in existence at some point in the future. This could be GameStop x1000. Maybe this will be the short squeeze that propels Bitcoin to a million in 2025.
February 28, 2024, 06:03:55 PM
Next week watching Dune II
Very looking forward
Very looking forward
No doubt you'll be watching it in some exotic location TBD.
Will be in Belgium 😬
And not seen the old version
February 28, 2024, 06:01:21 PM
February 28, 2024, 05:32:37 PM
...
Just checked Gemini exchange. Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything. 80k is my first sell point.
Just checked Gemini exchange. Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything. 80k is my first sell point.
coinbase always crashes during a rip. even the bank person i chatted with about bitcoin a bunch of years ago knew that happens.. i figured her for a coiner for sure when i heard that lol.
gemini is usually ok.
February 28, 2024, 05:31:21 PM
The Bitcoin price just dropped $4,000 and we’re still up $4,000 on the day. That’s crazy. If I weren’t an experienced Bitcoiner I might confuse this massive rally with a blow off top and sell here. Thankfully, I’ve got my eyes set on $100,000 and no $4,000 gain in 24 hours is going to shake me out. 
February 28, 2024, 05:29:01 PM
Next week watching Dune II
Very looking forward
Very looking forward
No doubt you'll be watching it in some exotic location TBD.
February 28, 2024, 05:27:13 PM
Next week watching Dune II
Very looking forward
Very looking forward
ever played this one?
February 28, 2024, 05:09:31 PM
Next week watching Dune II
Very looking forward
Very looking forward
February 28, 2024, 05:03:32 PM
February 28, 2024, 04:57:04 PM
Stops triggered some profit taking from 63-61k. I hope to spend some time again below 60k before we’re off to never ever land but we shall see. Reloading
February 28, 2024, 04:52:25 PM
At that price some big money cashes out so it's more BTC in circulation, bearish for the price
Retail ETF investors are buying
Big institutional investors are not buying much
Retail trading is still mostly short
==>82k then down to 45k to clean?
Retail ETF investors are buying
Big institutional investors are not buying much
Retail trading is still mostly short
==>82k then down to 45k to clean?
February 28, 2024, 04:50:13 PM
the noon wall report
another massive day of ETF inflow, bitcoin at its all time highs in over 30 countries
remember your training....remain calm and focused
the train is now leaving the station....hop aboard and enjoyer the ride
dyor
4h
D
stronghands
another massive day of ETF inflow, bitcoin at its all time highs in over 30 countries
remember your training....remain calm and focused
the train is now leaving the station....hop aboard and enjoyer the ride
dyor
4h
D
stronghands
February 28, 2024, 04:33:07 PM
This applies for being a hodler as well 
That's hilarious. Just two days ago while I was unzipping some weblogs I felt a slight pang of guilt about never, in all these years, paying for WinRAR. It's such an awesome program too.
edit: 0.0004812 BTC?! Forget that!
February 28, 2024, 04:31:30 PM
Looks like we're seeing some profit taking as Bitcoin's recent rally melted the faces off folks. I'm guessing this is going to be a massive bear trap. Judging from the volumes it does appear like someone is selling heavily into buy walls. This to me is a sign that traders are selling their positions and maybe even shorting into buy walls to try and knock the price down. This is a dangerous game when Bitcoin is in rally mode. I suspect it won't last long and the market will punish anyone dumb enough to take on short positions trying to cause a cascading fall in price. We've entered the battleground...
February 28, 2024, 04:28:12 PM
Good morning afternoon Bitcoinland.
Haven't posted in a few days due to getting food poisoning on Friday. Just started eating solid food (bananas, applesauce, oatmeal, etc) again yesterday. Bed-ridden but occasionally checking the price during this impressive rally and meriting a few posts. Too weak to bother creating any real posts though.
Haven't posted in a few days due to getting food poisoning on Friday. Just started eating solid food (bananas, applesauce, oatmeal, etc) again yesterday. Bed-ridden but occasionally checking the price during this impressive rally and meriting a few posts. Too weak to bother creating any real posts though.
That sucks, get well soon to fully enjoy the ride!
(and may the solid food stay with you!)
February 28, 2024, 04:22:08 PM
5k candle on the daily so far today. What was the largest ever?
February 28, 2024, 04:14:36 PM
...
Just checked Gemini exchange. Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything. 80k is my first sell point.
Just checked Gemini exchange. Still working (that is, got to my account OK, balance is correct), but I did not try to sell anything. 80k is my first sell point.
So you're selling next week then, approximately.
If /when we get to 80k, sure, I'll sell a tiny slice. Just like I sold slices in 2021 and 2017. It doesn't hurt to take some profits. At 90k, another slice. DCA in reverse if you will.
I'm one of those guys who's never sure about what will happen in the future... I'll take some of the money and run (like before).
But, I'll never sell all of my BTC. Never.
Me too. Most of my BTC holdings are destined to become some kind of inheritance for my kids (and the wife, if she keeps treating me well, lol).
For the latter, she has her own holdings, but i manage them. She's not tech-affine at all. I am still trying to get her in the mood to introduce her to Bitcoin and related common (and best) practices.
Good that the market cooled off now, i need to get some sleep, at least 6 hours
February 28, 2024, 04:01:16 PM
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