Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

I've been waiting for Binance to be targeted as soon as the FTX situation blew up and regulators realized that Binance did the exact same thing as FTX, but they were able to survive a cycle doing so and became insanely wealthy as a result. Looks like now that regulators have caught on, they are going to be looking to take a piece of flesh from CZ. This is in no way a positive development for Bitcoin in the short term, and we're already seeing the start of the pain, but long term I think if we want to see Bitcoin hit the high 6 figures, it is absolutely necessary to weed out the bad actors in the space, and Binance is just FTX with a first mover advantage.

Who is a good actor among exchanges?
Some say that they are, but they got NO volume, like Gemini.
Congress needs to pass some laws pronto or, else, american exchanges can be shut down and US would lose whatever they did not lose yet (in this space).

Every exchange is a good actor waiting to become a bad actor. No matter how trustworthy, the problem lies with the fact that you still have to trust them. This goes against what Bitcoin stands for.

Lets stop pretending and all the fake surprise. No matter what Bitcoin stands for, the same cunts who run shit from the political and financial sector are still the same cunts who run shit in the so called "crypto"/ Bitcoin sector.

Wow!! You sound lost MERlT.

Do you know the difference between bitcoin and crypto?

Let's just lump everything together, right?

Everyone has equal motives, right?

Quote from: MERlT on Today at 07:02:33 PM

Until FIAT has no more value than shit stuck to the bottom of your shoe, the same BS Cycle of Crypto, Defi, Shitherum fanboys, and scams will continue

If the world is really like you proclaim it to be, bitcoin does not have a chance.

Good thing that the world is not like you proclaim it to be MERIT, and bitcoin is already winning...

Yeah.. change takes a long time, but the world is not a lost cause.. and then all of a sudden utopia comes.

We live in a world in which there are parallel systems, and if you cannot recognize the difference and/or you are not able to attempt to find ways to straddle both, then you are likely going to be separated from your coins one way or another.

Sucks to be uie-pooie..

but perhaps, you can still be saved?

perhaps? perhaps?

Quote from: MERlT on Today at 07:02:33 PM

Society is controlled by cunts, promoted by their corrupt propaganda media and the rest of the bottom feeders.

Maybe you are mostly right, but not completely right.

If the world was controlled by cunts, we would not have bitcoin... and bitcoin would not have reached the level of success that it already has. Do you think that the cunts want bitcoin or want bitcoin to already be where it is at right now?

hint hint.. the answer is no.

It would be good if you would be able to see the value of bitcoin as a rescue ship that is currently available for anyone to get onto, even if it could take a while for all of this to play out, maybe even 100 or 200 years, so don't confuse slow progress with no progress.

Quote from: MERlT on Today at 07:02:33 PM

Fuck! Binance and FTX, Cryptsy, MtGox, and the rest of the other centralised wankers.

Careful not to throw out the baby with the bath water. There are differences between each of those situations.

It would likely be for your own good not to lump them all together and to act as if they were all the same or to act as if we can all of a sudden transition to utopia or into a decentralized exchange, or whatever it might be that you are suggesting to be the better path forward.

Seems to me better to accept aspects of "what is" rather than getting too caught up into "ought to be" baloney wishful-thinking about how you wish the world would be... blah blah blah..

In other words, bitcoin was made for this, so keep your eyes on the prize rather than getting distracted into nonsense.

Quote from: goldkingcoiner on Today at 09:47:57 PM

From my experience, there will be more panic selling from the FUD incoming. Of course it's all market manipulation, but knowing that fact means that buying now is a good chance for a decent PnL. I think we will bounce back, as we always do after FUD.

I am planning on buying the dip at 24k Cheesy

https://www.tradingview.com/chart/BTCUSD/qMKPVb67-BTC-Binance-FUD-20k-or-Bear-trap/

Yeah.. you could be right..

At the same time, I am not really worried that you (goldkingcoiner) are not sufficiently/adequately prepared for UP (even while you are seemingly preparing for the possibility of down)...

Some of us have been in this space long enough that it is relatively clear that we have figured out a variety of ways to prepare for both up and down at the same time, no matter how cognitively dissonant that might sound to the gamblers who like to bet bigger than they should (such as 80x.... just using that as a reference).

Since you likely already realize that the lillie fiend market does not always go down on "bad news" merely because a lot of folks (even if the overwhelming majority) are speculating that it will go down.