Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WaltKitty
on 29/06/2021, 20:58:21 UTC
Crabs, crabs, everywhere.

Aha, there is a name for the pattern, bullish crabs, thanks.

I like it. I think also of note is the parabolic curve that can be observed on the hourly chart. Very symmetrical, revealing strong control by a sophisticated algorithm. This reeks of institutional HFT in my opinion.
edit- cAPSLOCK has a very nice chart showing this presumed object a few post's down thread.

JPM advising investors to hold off buying as there will be corn at $16k, whilst they are busy hoovering up anything sub £35k.

I am not convinced these institutions have reached the enlightenment stage yet with Bitcoin and are still treating it like a conventional asset.

Fake Satoshi perjured himself yesterday and was v happy with the "default" judgement in the London Court, as always there is one law for the poor and no law for the rich.

Same goes for Musk any other person without substantial wealth would have faced the SEC with possible jail time for market manipulation via his tweets.

However I loath that lowlife POS CSW, whilst Musk basks in the sunshine in comparison.

I agree that there might have been other option besides defaulting in this case. I think a competent barrister could have argued for a sealed proceeding on the grounds of possible bodily harm or some other form of retaliation being made upon the defendant if his identity had been revealed to the general public. I also think that if there were financial considerations that kept this case from being defended properly that the Bitcoin community would have rallied in support. I also agree that the disparity between the haves and have nots in most judicial systems is a heinous thing. I think Elon Musk is more clever than most give credit for, it could just be he was tweaking the nose of the SEC and exercising his right to free speech. I do not care for his obsession with dogecoin even though it is a interesting community with tremendous support. I remain unconvinced of its long term store of value properties and usefulness. There is only one person who really knows the motive and I don't believe the man has time or the inclination to explain to us mere mortal's.

First glimmer of daybreak. Long working day ahead.

Have a good day all.

Day late and a dollar short probably but have a good day as well Farmer Bill.


If we can bump up past here it's pretty clear to 38k.  But there is no actual volume.

What we seem to have is a bullish small player, retail.  And whales selling .

I am not sure I agree with this premise. Without people selling, there are no people buying. Without people buying, there are no people selling. I don't whale's need or want to sell at this point of the adoption curve.


Of course, it is your choice regarding how amorphous you want to be in terms of presenting your information in the thread in terms of what you know and why you might have arrived at some of your speculative conclusions, whether posting about BTC or other related areas that we might touch upon here from time to time. 

I appreciate having choices and I really appreciate the diversity of this thread. The people here are amazing and the range of discussion is quite stimulating. I do not believe I am being inchoate in presenting any information and have not touched at all upon what I know and don't know. I do think there is a lot more I don't know than there is I know. I think I am confused now, no matter.

But, yeah if you want to come off as if you are smarter than everyone else, that could be problematic... but do as you wish.. I have no problem with your participation, and likely with the passage of time, many of us will get to know you better anyhow, so long as you continue to post and provide various kinds of information... however, if some of your information seems in need of details, seems misleading or disingenuine or raises questions about how you are arriving at your conclusions, don't be surprised if some people might question your intentions or your reasons for raising such topic(s)...   

I hope I am not coming off that way. That is not my intent at all and I think there are many people here who are far more educated and much smarter than me. I think everyone should raise questions if what is posted appears to be misleading or shows a lack of relationship with whatever the current topic of discussion might be.

Personally, I appreciate coming across some potentially new perspectives in the thread, but of course, if I believe some aspects of your posts (or the posts of any other member for that matter) are problematic in one way or another, I am not going to be easily cowed or dissuaded in terms of saying my piece in the way that I have decided to do so.. Of course, I don't read every post, and sometimes I don't feel that I understand some posts sufficiently enough to respond (or sometimes some posts might not raise any point that interests me at the moment I come across the post), so there are those angles, too...

New perspectives are the bread of life in my opinion. I surely hope anything I have said has not dissuaded you from thinking what you want and stating it on a public forum. I don't think many have the time or inclination to read and especially respond to the many post's that flow through this thread. It sure is fun trying though.

In any event, so far, you have made some somewhat interesting points and posts... even if I have not agreed with several of them.

I agree with you on that and the feeling is mutual.  Smiley