Quote from: OutOfMemory on Today at 05:35:47 PM

Quote from: serveria.com on December 13, 2021, 10:33:49 PM

Me, I wasn't that lucky unfortunately so I'll just stay here for a while. I have raised all my sell orders from ~50k to 80k a while ago (some WOers clairvoyant granny's prediction remember? Grin

).

I think it was 600Watt?

You see OOM. Your memory is not that bad. I had not recalled the meaning of the "clairvoyant granny" referent until you mentioned 600watt, and now my memory has been refreshed in that direction too.

It's like each of us remember different things, and then there can be some power within some of the crowd sourcing matters, even though I am still waiting for the power of the crowd to give me some kind of a solution to my question regarding why I cannot set BTC sell orders above $100k on BinanceUS... and really, my problem with that particular issue is not really seeming as urgent in recent times anyhow.

Quote from: Torque on Today at 07:37:42 PM

Quote from: cAPSLOCK on Today at 07:32:51 PM

Quote from: Torque on Today at 02:05:07 PM

End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

Yes.

Wealthy elites, entities, and funds don't buy assets on-market and at high prices. They buy OTC, below spot when the asset is undervalued, and their whale connections help them to do it.

I do believe that you make a decently good point here Torque in terms of the goals of many larger investors is to strive to be ahead of the curve, and surely even in bitcoin some of them can play the game right to be able to get their little side deals and special treatment.

It likely has also been the case that a lot of the BIG entities have been way the hell too greedy and even underestimated bitcoin in several ways and they have become frustrated with several aspects in which they are not really able to easily shake a lot of the longer term HODLers from their coins - and especially NOT to the degree that they wished that they were able to accomplish such shakening.. so there are several times in which some of the BIGGER players had been forced to buy whatever BTC they do have at higher prices than they would have wanted to and surely some of them do get locked out of BTC's price appreciation because they are too smart for their own good (too smart by a half as Greg Foss likes to say)...

Even in recent times we have examples of such dynamics in which the BIG players got fucked... Hey Torque think about it.. this might be one of the areas that you and I might be able to come closer in resolving because it seems to me that you frequently want to presume that some of these BIGGER players are able to get there way, and I am sure that you agree that sometimes they get fucked in terms of the level of their greed, and you and I can agree to both be somewhat gleeful about their getting fucked by bitcoin way more frequently than they are either used to or that they would prefer.

So anyhow back on track and back to my story, my assertion remains that a lot of these privileged fucktwat manipulators were thinking that they were going to get BTC prices below $28,600 in May/June/July and perhaps even below $20k and even into the $15k arena.. similar to their thinking that they were going to be able to get sub $2k coins and maybe as low as lower $1ks in late 2018 and into 2019.. but both times they got fucked royally up the ass by UPpity BTC price performance.. and so this time around they are still hoping to get into BTC with sub $28,600 coins, and really I have my doubts about whether their quench will be satisfied.. maybe some of them are like Raja_MBZ and waiting for the spot price to meet the 200 week moving average, which is currently in the $18,500 arena and will soon be moving above $20k.. and sure anything is possible.. but I would still bet that the odds are not so highly in their favor as they would like and there are pretty decent odds that they are going to get fucked again, especially if they continue with those kinds of greedy expectations.. yeah they have futures and they have some new additional financial shorting tools that allow them to push the BTC price down without putting any BTC on the table, but are they really going to be successful or willing to loose that much money (even if they might have seemingly unlimited amounts of money) when the BTC price moves against their manipulation attempts?

Of course, retail is doing way better with BTC than they have been able to do with various traditional investments, and that contributes to causing even more resentment from some of the BIG players who really want to screw retail.. and they have been continuing to be as successful as they would like to be.. and don't get me wrong, I am not conceding that the haves do not have the ability to profit way more than the have nots, but there are plenty of them that remain too greedy by a half (Foss) and normies are also still able to get into bitcoin and to figure out ways to profit way more than they have historically been able to profit by any kind of prior investments that were difficult for them to get into.. and yeah of course we have the greatest wealth transfer going on too.. and so surely in the short term, some normies can get reckt by that too if they do not learn how to approach their BTC investment in terms of prioritizing buying, accumulating and HODLing for several years and riding out some of the shorter term attempts at DOWNity manipulation that may or may not end up being successful for those who are used to getting their ways in regards to finances/investments and getting/staying richie.