Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7572. (Read 26723289 times)

Quoted, printed, and hung on my wall.

This is possible but not likely. He can buy in Bitstamp to raise the price and transfer quickly to Binance where the volume is really high and sell slowly at 10K without moving the price. The more likely scenario is this:
He buys, say 1000BTC, at Bitstamp while placing an even larger long position on Bitmex with some high leverage. On the next day he sells at Bitstamp while having a large short leverage position at Bitmex. Since Bitmex is unregulated he can manipulate the market until he's alive with no fear of being banned or sued. Unlike US derivative exchanges where CFTC investigates such manipulations and the criminals are put in jail. Moreover, the thing is that CFTC suspects the owners of Bitmex to do regularly these manipulations against their clients. But of course CFTC has no jurisdiction unless some USA citizens or institutions are involved. That's why it's been told many times here that without this cancer derivate exchange (and probably many other largely unregulated asian exchanges where KYC is a formality) Bitcoin price should have been much higher. The price should be above 100K by the end of 2021 but with such manipulations I'm not so sure it will be (much) above 20K by then. Again, until Bitmex cancer is cured, such 'crashes' like yesterday's or 12th March will appear from time to time. The cure is a strong bull market like in 2017 which may happen in 2021 but it may also be delayed to 2022 or even later. That's why it is a good thing to be mentally prepared to hold 3-4 years until the clouds are cleared. I am even determined to hold >10 years if needed to fulfil my selling plan. (And I believe by then I will not actually 'sell' for fiat but rather be able to buy real estate and everything directly with BTC.)

So a whale manipulator using bullish sentiment for his pump&dump schemes. Move on, there's nothing to see here. 

I think many of us here are on the same space shuttle. We saw this way before the average joes, we kind of know the protocol better than the 99% and if we saw this right why should we sell at a discount?
My coins are not for sale. Yesterday I said I didn't believe at the 10k top: I was right. I am starting to recognize all the barts around

And if dude slowly sells on the way up, he'd make more profit.
So either silly or (also silly) market manipulation, imho.

That's what I'm trying to figure out, but I think he can win thanks to the short squeezes. He buys buys buys until the movement is self-sustaining because of margin calls and shorters capitulating, and starts selling during that last phase. Then sells back the rest.

So he buys coins at say 9500$ average, but sells them at 9800$ average. If it's 10000 coins, that's a 3 million dollars profit (less fees).

Adam Back: Crisis Will Push BTC to $300K Even Without Institutions
https://cointelegraph.com/news/adam-back-crisis-will-push-btc-to-300k-even-without-institutions

So much for all of your tear gassing and shooting peaceful protestors:


Surprise, surprise.

https://thefederalist.com/2020/06/02/media-falsely-claimed-violent-riots-were-peaceful-and-that-tear-gas-was-used-against-rioters/

Hodling with you LFC:


https://twitter.com/chartsbtc/status/1267830853352087554

Where is Masterluc posting now, anyway? I see nothing since March on his tradingview page and Telegram. Anyway, it sounds a lot like @davthewave's thesis.

Yes, one of the difficulties that no coiner and even precoiners tend to have is to value their wealth in dollars, while failing and refusing to appreciate that bitcoin may well serve as a decent hedge against the dollar - yet you might never personally profit from that aspect of bitcoin since your tendency is to sell too much too soon.  You might have some problems with impatience.

Just imagine if you had invested around $10 per week into bitcoin from around the time of your forum registration (for about 7 years), you would have received around a 15x return overall, so your total investment of around $3,600 would have been valued more than $60k.  Not too many investments would have done as well as bitcoin over the past 7 years... and there really is no evidence to suggest that investing in bitcoin does not continue to be a decent choice relative to other possible investments.

Sure, you might feel that you are too late, but a lot of folks have said that too over the years, but those who have continually invested into bitcoin over the years have done pretty well for themselves overall, as long as they stuck with some kind of ongoing investing for at least 3 years, and I recommend a minimum of a 4-year investment time horizon, these days.

Just another tarder. 

I don't shill anything, I couldn't give a less fuck about it as soon as I finish my trade on it. It's same with bitcoin though. Peace

Fuck Kraken in it's thieving tentacled face.

I don't wanna dos him but this is his hometown.

Intriguing that Masterluc might be retarded...   I'm giving him the benefit of the doubt.   

the afternoon wall report


A volatile day for bitcoin as it plunges from $10.2k to $9.1k before settling around $9.5k as we near Tuesdays closing bell. Whelp..nothing left but to get back on our feet..dust ourselves off and carry on..the bull market is inevitable. Resistance is futile.

#dyor
1h


4h

#stronghands

No, nothing he postulates is worth considering.

SOMA is a better option and I'm being serious here.

It looked like a joke to me. lol



Edit: Dammit
Your session timed out while posting. Please try to re-submit your message.

masterluc's long term calls are worth considering ... bitcoin hasn't had a bull wave longer than ~2 years I don't think (besides the on-going 11 year secular bull), so a 4 year bull run would be something epic and worthy of examining how it might play out.

I think because we are in a time of extreme uncertainty (saecular crisis) a lot of the TA is v. undecided, swinging wildly and could go either way right now. BTC has already shown it can be effected by crisis moves on March 13. But the resolution of the crisis can mean major trends are established on the smallest of actions at this critical juncture in time.

I can imagine a 4 year bull scenario where btc grinds higher being fought all the way by the banksters/institutions using fiat future/derivatives games on CME and Bakkt and so not really blowing off until 2024 around the $300k range of PlanB's S2Fx model top for this cycle.

The 10 year bear call is also intriguing ...