Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7532. (Read 26723825 times)

legendary
Activity: 1722
Merit: 2213
Bull flag extrapolation on the 10 minute chart  Tongue Unlikely to occur, but wouldn't be surprised to see this happen either once volume returns again.



Keeping my eye on this price movement, it's starting to get interesting again  Cool
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Seems more like a nice drift up to 10k as opposed to yet another fake run.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
So, how does one take over a corporation by force, assuming the article means physical here given the context? Other than getting the gov't involved.
https://cointelegraph.com/news/bitmain-struggle-continues-as-ousted-ceo-reportedly-halts-asic-deliveries
Quote
Recent actions in June saw Zhan gain ground in the confrontation as he resorted to force, and now appears to have gained enough control to at least partially disrupt Bitmain’s operations, which was until then working normally.

According to what I've seen, Zhan burst into the office with a couple dozen mercs, took it over, and offered bonuses to any employee that would support him. so drama
legendary
Activity: 1834
Merit: 4197
the evening wall report

Another volatile intraday showing by bitcoin as we close today at $9,894.32       

Currently trading around $9.9k above short fib resistance at $9,881.68 and closing the door on a possible bearish long wick doji from the previous day imho

We have earned 5 digits and will not be denied       That is all

 Smiley
4h


#dyor
D

#stronghands
legendary
Activity: 3388
Merit: 3514
born once atheist

.....
This is OT and not for wall observer....


No worries being OT in here once in awhile, it’s what gives this thread its unique character.
Just don’t mention shitcoins or Jay will give you a Batman slap....
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!

Acid is a young persons game. After you get the message, hang up the phone.

I can't agree with you there Jimbo. I'm far from young and still use it. I find that the message changes over time. You could say it gives you the message you need to hear at the time.

Once you understand the universe you really don't need any more knowledge.

You haven't gotten the full picture yet.

Oh, I understand the universe as well as anyone can. Lots of help from meditation and psychedelics in that regard. However, I'm far from being able to claim omniscience. Anyone who claims to have the full picture most definitely does not have the full picture.

Understanding how is not really the important part, understanding why is and if you understand that then feel free to share.
OT:
All those who face the future are not doomed...embrace what you cannot change and enjoy the ride!
"How"is actually the thing we will be researching for millions of years and still not grasp... the "why"is quite simple just like everything in science when it is boiled down.
This is OT and not for wall observer and price action or I could discuss for hours... 🍻
Cheers hodlers and see you much higher 😎
legendary
Activity: 875
Merit: 1362
.......Understanding how is not really the important part, understanding why is and if you understand that then feel free to share.

If you are referring to the “how” and “why” of the existence of the Universe then I beg to differ
(if not then nm rest of my post)
How the universe came into existence is a whole branch of science aka cosmology and is pretty
important in advancing human knowledge (in my book anyway).
Asking why the Universe exists is kind of silly imo. The question assumes the Universe has a
purpose. Unless you buy into all that magic sky fairy crap and all the superstitious nonsense that
follows (sadly, like most of the human population) aka all religions, you know the Universe has no
purpose. It just is.
Just for shits and giggles I googled “why does the Universe exist” and the 1st result was a bunch of
godswill mumbo jumbo....what a surprise, lol .

You just made my point.

And you just made my point too

Lol, not quite but close enough as I will not spend the time necessary but the universe will explain it to you if you have the ability to listen, it has more than enough time.

One of the first lessons you should have learned from the universe is that there is no such thing as time  Tongue
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Is this some kind of algorithmic trading?
Bizarro.
...at least coinbase didn't glitch, apparently
Comical manipulation

Maybe.. just MAYBE ... it is Craig Wright fake M.D making a medical call to save BTC from the depths of despair. Cheesy
this might get me -2000 WOsmerits but meh. Undecided

follow up note below, on this revelation of wtf is going on with the price and it not breaking $10k already. God almighty ShAzHaMeR her already so she is satisfied! Tongue
Going down into the depths:

Who is coming along on down for the ride?
Why the price is so crazy right now. *cue beyonce back up singers* Lips sealed

https://www.youtube.com/watch?v=He7RrJsDnLo

Funny I didn't know amazon called the shots?
Quote
Amazon bans police use of facial recognition technology for one year
https://www.cnbc.com/2020/06/10/amazon-bans-police-use-of-facial-recognition-technology-for-one-year.html
Amazon owns all our base.
Didn't you know? Roll Eyes

Between them google, microsoft and facebook they know what everybody is doing and where they are at every given moment of everyday.

All your base are belong to us!
https://www.youtube.com/watch?v=jQE66WA2s-A
legendary
Activity: 1722
Merit: 2213
$10K here we come again? Just noticed price wicked back to 5 figures for a moment  Cool Some decent volume to support this move on lower time frames:



Notably on Bitstamp the 1hr candle looks more indecisive with stronger selling pressure, but still looking bullish none the less:



An initial rejection on smaller time-frames from $10K is to be expected, with some bears on Bitstamp clearly panicking a bit  Tongue
legendary
Activity: 2050
Merit: 1184
Never selling
Yeah, manipulate all the fuck that you want, does not mean that they can keep it up forever. 


I think what we are seeing here is the manipulation that has been going on for last couple years now. In a bear market it works great for them, they can beat down the price and it stays down and goes lower. Try this this continuously in a bull market though and your beat down gets bought up and you don't get to re-enter at the low prices.

As the manipulators coins start to dwindle, they get worried and stop, they learn that despite being a whale the market is actually much bigger than them. At this point prices start rising and then you have a 2016 happen, followed by a 2017.

Well the sad truth about "them" is they go Brrrrrrrr.

Are you saying these manipulators are the FED? are you also saying that the FED has a huge supply of BTC to sell. Because yeah, if they did we might have a problem. Or perhaps you mean the FED is playing in the derivatives markets so they can sell forever. Just know that the derivatives market won't be leading shit when there are no physical coins to buy. Why is gold a 10 trillion market, if the FED had unlimited power to keep it down, it should be worth nothing.

Sorry I can't reply to your response I won't be here for a while.
legendary
Activity: 3388
Merit: 3514
born once atheist
.......Understanding how is not really the important part, understanding why is and if you understand that then feel free to share.

If you are referring to the “how” and “why” of the existence of the Universe then I beg to differ
(if not then nm rest of my post)
How the universe came into existence is a whole branch of science aka cosmology and is pretty
important in advancing human knowledge (in my book anyway).
Asking why the Universe exists is kind of silly imo. The question assumes the Universe has a
purpose. Unless you buy into all that magic sky fairy crap and all the superstitious nonsense that
follows (sadly, like most of the human population) aka all religions, you know the Universe has no
purpose. It just is.
Just for shits and giggles I googled “why does the Universe exist” and the 1st result was a bunch of
godswill mumbo jumbo....what a surprise, lol .

You just made my point.

Hey anytime dude!  Wink
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Yeah, manipulate all the fuck that you want, does not mean that they can keep it up forever. 


I think what we are seeing here is the manipulation that has been going on for last couple years now. In a bear market it works great for them, they can beat down the price and it stays down and goes lower. Try this this continuously in a bull market though and your beat down gets bought up and you don't get to re-enter at the low prices.

As the manipulators coins start to dwindle, they get worried and stop, they learn that despite being a whale the market is actually much bigger than them. At this point prices start rising and then you have a 2016 happen, followed by a 2017.

Well the sad truth about "them" is they go Brrrrrrrr.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
.......Understanding how is not really the important part, understanding why is and if you understand that then feel free to share.

If you are referring to the “how” and “why” of the existence of the Universe then I beg to differ
(if not then nm rest of my post)
How the universe came into existence is a whole branch of science aka cosmology and is pretty
important in advancing human knowledge (in my book anyway).
Asking why the Universe exists is kind of silly imo. The question assumes the Universe has a
purpose. Unless you buy into all that magic sky fairy crap and all the superstitious nonsense that
follows (sadly, like most of the human population) aka all religions, you know the Universe has no
purpose. It just is.
Just for shits and giggles I googled “why does the Universe exist” and the 1st result was a bunch of
godswill mumbo jumbo....what a surprise, lol .

You just made my point.

And you just made my point too

Lol, not quite but close enough as I will not spend the time necessary but the universe will explain it to you if you have the ability to listen, it has more than enough time.
legendary
Activity: 2050
Merit: 1184
Never selling
Yeah, manipulate all the fuck that you want, does not mean that they can keep it up forever. 


I think what we are seeing here is the manipulation that has been going on for last couple years now. In a bear market it works great for them, they can beat down the price and it stays down and goes lower. Try this this continuously in a bull market though and your beat down gets bought up and you don't get to re-enter at the low prices.

As the manipulators coins start to dwindle, they get worried and stop, they learn that despite being a whale the market is actually much bigger than them. At this point prices start rising and then you have a 2016 happen, followed by a 2017.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
I really struggle to get in to the heads of some of these sellers.
Why would anyone want to give up an asset so valuable for some filthy fiat that banks have an infinite amount of?
Why trade hard money for soft money?
I understand that you can't buy everything with bitcoin yet so you may need to sell a small amount for necessaties but 1000s of BTC makes no sense.
Maybe super yatch manufacturers need to start accepting BTC as payment.

These exchanges are not differentiating between actual coins being traded and leverage therefore giving the impression the markets are moving when it is all in house fuckery. And people are so stupid they are buying and selling actual coins at those prices. On the bright side it cannot go on forever and eventually the house of cards should come down but in the mean time the big players are basically skimming the cream off the market cap.
legendary
Activity: 3794
Merit: 5474
Hey, Torque, I agree with a lot of the things that you say, and your various macro-level observations
Thanks

but even you should realize that you have both a tendency to go overboard with your conspiracy angle and your seemingly want to concede way more powers to status quo institutions than those fucktwats deserve and even taking matters way more personally than they should be taken.
No not really no

What you say, good ole buddy, can't we just get along?
Sure

Even though you have a lot of dumb ideas?   Tongue Tongue
 Cheesy Cheesy Cheesy Cheesy Cheesy
You mean dumber than your massive wall-of-text word vomit ideas? Doubt it.  Tongue
legendary
Activity: 875
Merit: 1362
.......Understanding how is not really the important part, understanding why is and if you understand that then feel free to share.

If you are referring to the “how” and “why” of the existence of the Universe then I beg to differ
(if not then nm rest of my post)
How the universe came into existence is a whole branch of science aka cosmology and is pretty
important in advancing human knowledge (in my book anyway).
Asking why the Universe exists is kind of silly imo. The question assumes the Universe has a
purpose. Unless you buy into all that magic sky fairy crap and all the superstitious nonsense that
follows (sadly, like most of the human population) aka all religions, you know the Universe has no
purpose. It just is.
Just for shits and giggles I googled “why does the Universe exist” and the 1st result was a bunch of
godswill mumbo jumbo....what a surprise, lol .

You just made my point.

And you just made my point too
hero member
Activity: 798
Merit: 909
I really struggle to get in to the heads of some of these sellers.
Why would anyone want to give up an asset so valuable for some filthy fiat that banks have an infinite amount of?
Why trade hard money for soft money?
I understand that you can't buy everything with bitcoin yet so you may need to sell a small amount for necessaties but 1000s of BTC makes no sense.
Maybe super yatch manufacturers need to start accepting BTC as payment.
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