Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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There is a different dynamic for down versus up, and part of the reason for the different dynamics likely has to do with differing levels of ease to move BTC in comparison to moving fiat (and who may have access to mechanisms to move fiat quickly - surely, these days almost anyone has access to mechanisms to move BTC really quickly), which considerably changes the dynamics for each of two binary possible price directions.
There is a different dynamic for down versus up, and part of the reason for the different dynamics likely has to do with differing levels of ease to move BTC in comparison to moving fiat (and who may have access to mechanisms to move fiat quickly - surely, these days almost anyone has access to mechanisms to move BTC really quickly), which considerably changes the dynamics for each of two binary possible price directions.
The entities moving the market are not the entities who have problems with moving BTC/fiat onto exchanges quickly. There's little evidence that much money is actually moving in & out of exchanges. The fiat you sell (for BTC) is the fiat you buy (with BTC). It's simply a question of timing.
Well you may not have to really move very much fiat if you buy BTC in one location and sell BTC on an exchange (mostly thinking about Stamp). And, really how do you know about money moving off and onto various exchanges, is there some public way of verifying such beyond attempting to infer such info from the order books and/or trade volume?
No, there isn't. At best, the only thing to be inferred from volume is the sum spent on making the volume look like it does. Not even that, in reality.
There's one thing that hodlers say that I agree with: you will lose money if you trade (unless you're a 'market maker'). The reason
Financial fraud develops & advances, just like any other field. Regulators manage to plug one loophole, manipulators figure out another, and the game goes on.
Now imagine this wealth of experience, this boatload of scams that got invented and burnt down IRL over *centuries*, and, suddenly ...unregulated market!!1! Everything old is new again, you don't even have to figure out new ways to do shit -- just recycle. Hard to get this across, but another way to look at it is imagine some bacterial strain that becomes more and more antibiotic-resistant as new antibiotics are introduced, and then... stop taking antibiotics.
Good luck.
What the fuck are you talking about?
You are the one who made the claim suggesting that there was NO real evidence of money moving in and out of exchanges, and I asked you, more or less, how you would know... then you agree that you do not know and subsequently babble on in some side and distracting irrelevant tangent.
Not sure what you mean. I said there's no evidence, and you expect me to ...offer you evidence? Of what, pray tell? Of there being no evidence? How would one go about doing that?
Yeah. your response seems a great attempt at obfuscating matters.
In your first post: you imply that there's some kind of evidence that low amounts of money is going in and out of exchanges.
Then I ask you to provide some evidence for how you know what money is going in and out of the exchanges.
Fun With Shapes And Colors:
-Find the purple text. That's the first post.
-Now find the red letters that look chubbier then the rest within the purple text. That's where i tell you "There's little evidence that much money is actually moving in & out of exchanges."
Still with me? Good!
-Now find the navy (that means BLUE!) text. Read it. Read it again. Keep reading it until you start feeling the shame that's rightfully yours
WTF is wrong with you? Why can't you even format your posts like a human being? What's with all the extra blank lines? And all those dirty words and nasty obscenities! Why? You kiss your mother with that mouth?
Every one of my sincere and generous attempts to help the hapless gamblers in this thread is instantly met with nonsense and rage. Why is that? A lesser man than I would have abandoned your ungrateful ass long ago, leaving you to rely on your own wits, i.e. to continue your hideously predictable descent into poverty and destitution. Why is it that I continue to treat you as if you were worthy of my time?
Why?