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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8082. (Read 26713657 times)

legendary
Activity: 1652
Merit: 1265
$5782

Go corn go!



24 hr change - Up over 12%


Last 24 hours - the decoupling




Quoted for historic reference

---==== THE DECOUPLING !!!! ====----
legendary
Activity: 3010
Merit: 8114
Last 24 hours - the decoupling

Its true that BTC does anything it wants when the U.S. stock markets are closed, and this has been a good thing. But watch what happens when the market opens at 9:30 (in about 45 minutes)... BTC will resume looking to the Dow and S&P for instructions on where to go next... It started happened a couple weeks ago and intensified quite a bit over the last 2 days.

That's my guess anyway.
hero member
Activity: 968
Merit: 624
Still a manic miner
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
$5782

Go corn go!



24 hr change - Up over 12%


Last 24 hours - the decoupling


With the pound dropping it's more like 17% for us in uk Grin
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
$5782

Go corn go!



24 hr change - Up over 12%


Last 24 hours - the decoupling

legendary
Activity: 2050
Merit: 1184
Never selling
Stock market falling, my currency going down (vs US), credit markets frozen, and Bitcoin going up. Not too bad.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?

I have been trying to get you guys together, and it has not been successful, so far:

[...]


I condemn anybody and everybody who PANICS.


Even (our good buddy) Mindrust?

depends.  @mindrust: did you scream like a little girl when you panic sold?

anyway, its all about style at this point.
legendary
Activity: 1235
Merit: 1202
We getting a bit of up action here on this low volume or is it just a little tease?
legendary
Activity: 1652
Merit: 4393
Be a bank
The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP

You do know this has been a bait and switch tactic all along?

It's not in fact that we're running out of TP.

Now I don't want to scare the horses, but the reality is that due to social distancing we

are

running

out

of

porn.
legendary
Activity: 1652
Merit: 4393
Be a bank
https://twitter.com/sstackmore/status/1240603760914771968?s=20

Quote
China is stealth invading Philippines. 2000-3000 PLA already there undercover in metro Manila. Many Chinese are illegally in the country. Many bribes paid to politicians. Now ships are unloading Chinese directly on provincial shorelines without apparently clearing customs.

Remember when Russia snatched Crimea?
Well, China's similarly looking to 'regain' its sphere of influence.
Wonder whether the Trump is up to this part of the game.

Meanwhile there is some hope that the virus can be swerved https://translate.google.at/translate?hl=en&tab=rT1&sl=ru&tl=en&u=https://www.pravda.ru/news/health/1481622-virus/ /s
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP

Old sock user: Not affected!
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP

I see it too now. the real reason of the huge demand of TP. thanks, Dude!
legendary
Activity: 938
Merit: 2540
<>

https://imgur.com/SbPMzR5

The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. 'There are no limits.'

Quote
The European Central Bank (ECB) has unveiled a new €750 billion ($820 billion) response to the coronavirus in a bid to calm financial markets.
The so-called Pandemic Emergency Purchase Programme (PEPP) comes less than a week after the central bank announced policies which did little to provide comfort to traders.
It follows similar plans by the Federal Reserve and numerous major economies to stem the damage from Covid-19.

https://markets.businessinsider.com/news/stocks/coronavirus-lagarde-announces-ecb-pandemic-fund-to-calm-markets-2020-3-1029011851

People would be happy if the money was distributed to families.
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Anybody has an explanation of btc flatlining?
It's weird, but i take it in lieu of declining.

just a guess but it came in my mind today:

cash is king in these times and therefore a lot of speculation on the price of BTC is missing. what we see at the moment is maybe nearly the real value of BTC without the whole amount of speculation which is responsible for all the noise in other times. look how stable BTC can be without speculation. impressive!

No way this is even close to the real value of btc!

The price is stable because we have market makers involved in the system. They make their money by keeping the price stable. We had a massive dump the other day and then the market makers stepped in and are keeping the price stable at it's current level. If we have a massive pump, the market makers will stabilize the price at whatever it ends up at.

The price only moves up or down when the action is too much for the market makers to control.

That's a really strange explanation.
If market makers were buying (from sellers) on the way down, THEN they have to entice a pump (during which they can sell the inventory and stay neutral), otherwise they would be loaded with btc that they (market makers) don't need on a permanent basis.

They don't buy on the way down or the way up when there is a big move. They get out when there is too much price movement. They are mostly present when the action dies down. Look up market making bot.

I'm sure the pros at the big firms have more complex strategies than you can get with a crypto bot but it's the same concept.

I'm struggling to understand where I did say that the market makers are the speculators?  Huh

market makers are healthy for price finding in markets because they provide liquidity.

participants which drives the market in one or the other direction are in my eyes speculators not market makers.  Roll Eyes

EDIT: ok, maybe the word "noise" was misleading in that context because the meaning of noise in markets is often associated with the acting of market makers.
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
sr. member
Activity: 397
Merit: 250
Imagine having sold your coins over social distancing in the need for liquidity and now the government is giving everybody helicopter money.
legendary
Activity: 938
Merit: 2540
<>
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Observing $5,540 $5,651.

No sign of lower lows at the moment. I’m hoping we hit the true panic bottom last week at $3,800 or whatever it was. Feeling quite smug about picking up a handful of full bitcoin’s in the mid $4,000’s.

Thanks for the cheap coins weak hands.

There’s a new buzzword on twitter, certainly I haven’t seen it referenced to bitcoin before -

decoupling
verb
gerund or present participle: decoupling
1.
separate, disengage, or dissociate (something) from something else.



We’re decoupling from stocks/shares etc in the sense that we seem to be holding in this price range whilst they’re all still tumbling due to the pandemic. Previously we were following their panic. Fingers crossed the worst is over for bitcoin & we start to see the price rise significantly in the near future Smiley
legendary
Activity: 3122
Merit: 1538
yes

Whats new?

Are you going to post the dirty laundry list of the West as well?

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