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Lemming
Apr 21, 2008
Death to the 10,200 wall

Edit: lmfao already rip

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Oscar Wild
Apr 11, 2006

It's good to be a G
Lol, I was on a flight and the gal next to me told me she bought into a bitcoin mutual fund. I tried to press her on what the underlying asset was and she didn't know anything about bitcoin or crypto at all. I told he to be very careful with an investment you couldn t understand. What a lol. See you at $5K

Jymmybob
Jun 26, 2000

Grimey Drawer

Delthalaz posted:

SEems to be a wall around 10,205 and then a major one at 1200 if I'm reading this right

not for loooong

:laffo:

Delthalaz
Mar 5, 2003






Slippery Tilde
Holy crap here we go.

Oscar Wild
Apr 11, 2006

It's good to be a G

Lemming posted:

Death to the 10,200 wall

Its called floor or support. And its psychological.

sauer kraut
Oct 2, 2004
Seeing the big 9 at bitfinex already.

e; holy poo poo those swings are real

bvj191jgl7bBsqF5m
Apr 16, 2017

Í̝̰ ͓̯̖̫̹̯̤A҉m̺̩͝ ͇̬A̡̮̞̠͚͉̱̫ K̶e͓ǵ.̻̱̪͖̹̟̕
https://www.tradingview.com/chart/BTCUSDT/fbMl8lil-Model-of-Economic-Bubbles/

Rad Russian
Aug 15, 2007

Soviet Power Supreme!
Yeah some crazy whale has a huge bid up at 10200, will be hard to clear that.

EDIT: BTC is hitting this bid now!

Delthalaz
Mar 5, 2003






Slippery Tilde
We're probably about to see that big buy-in that triggers every time it hits an 050

Ahh yep it triggered

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC

Andy Dufresne posted:

Seeing a 200btc wall worth $2.2million at $11k, let's see how long this takes.

edit: ^ https://www.gdax.com/trade/BTC-USD look at the open orders. You'll see the walls.

Quick question. The numbers under trade size are Bitcoins right? That's why it's a bunch of decimals?

Ham Sandwiches
Jul 7, 2000

It's a repeat and yet it's fitting for the recent action

https://www.youtube.com/watch?v=DgRLlqEvOT8

Jymmybob
Jun 26, 2000

Grimey Drawer
i keep picturing people just listening to the soothing tunes on twitch while it rockets downwards

everything is fine


Rad Russian
Aug 15, 2007

Soviet Power Supreme!
GDAX hit 10K, Bitstamp still stuck at 10200 bid

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC

Rad Russian posted:

Yeah some crazy whale has a huge bid up at 10200, will be hard to clear that.

EDIT: BTC is hitting this bid now!
To turn a phrase:

The market can stay fearful for longer than you can remain solvent.

sauer kraut
Oct 2, 2004
Oh my god that was a whole bunch of huuge trades I just saw, like 10+ coins instead of the usual 0.0012

WalletBeef
Jun 11, 2005

Aaaaaaaaaaaaaaaand we're sub 10k on gdax! YESSSSSSSSSSSSSSS!!!! Time to buy guys!

Oscar Wild
Apr 11, 2006

It's good to be a G
I don't understand the volitility in btc. Are a ton of stop loss orders being triggered or are a bunch of poopsockers day trading on coinbase?

Delthalaz
Mar 5, 2003






Slippery Tilde
And here we go.

e: The drop below 10,000 triggered a poo poo ton of buy-ins.

shiksa
Nov 9, 2009

i went to one of these wrestling shows and it was... honestly? frickin boring. i wanna see ricky! i want to see his gold chains and respect for the ftw lifestyle
whoops there goes 10200

Andy Dufresne
Aug 4, 2010

The only good race pace is suicide pace, and today looks like a good day to die

OhFunny posted:

Quick question. The numbers under trade size are Bitcoins right? That's why it's a bunch of decimals?

The numbers that have a lot of decimals are bitcoin values, yes.

Broke through 250btc $10k wall again in seconds

(These walls aren't real)

Doccykins
Feb 21, 2006
:siren:
https://twitter.com/tetherprinter/status/953393377361330176
:siren:

Rad Russian
Aug 15, 2007

Soviet Power Supreme!

shiksa posted:

whoops there goes 10200

10200 still on Bitstamp somehow.

GDAX below 10K lol, we in freefall boys.

deadwing
Mar 5, 2007

saw 9988 on bitfinex for a few seconds :toot:

Soylent Yellow
Nov 5, 2010

yospos
https://www.youtube.com/watch?v=9azjzhoL670

Zelder
Jan 4, 2012


This is incredible

Delthalaz
Mar 5, 2003






Slippery Tilde
Wow down below 10,000 and back up to 10,230

Zelder
Jan 4, 2012

He should say "we're not panicking" a couple of more times

Scipiotik
Mar 2, 2004

"I would have won the race but for that."

Zelder posted:

This is incredible

These might be the dumbest group of people I've ever heard talk.

WalletBeef
Jun 11, 2005


So many people are selling right now and getting USDT instead of dirty filthy fiat, :lol:.

Jikes
Dec 18, 2005

candy of the ocean
jesus christ I'm glad I sold

Rad Russian
Aug 15, 2007

Soviet Power Supreme!
Well 10K is a huge psychological barrier so I'd imagine some crypto believers are throwing their mortgages in to keep it above that.

Will be interesting to see if it can break it for any significant duration.

Delthalaz
Mar 5, 2003






Slippery Tilde

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC
Pushed up to 10,450.

Never seen a dead cat bounce before in real time.

Mechanical Fiend
Sep 5, 2011

How'd that asshole get a white robe?!


Here's a screencap of the stream

Soylent Yellow
Nov 5, 2010

yospos
Odds on twitch guy blowing his brains out live?

sauer kraut
Oct 2, 2004
And the casual 7% bounce over a span of as many minutes.
e; 8% in the time it took to type this

Delthalaz
Mar 5, 2003






Slippery Tilde

OhFunny posted:

Pushed up to 10,450.

Never seen a dead cat bounce before in real time.

It's still bouncing. Wow!

Three Olives
Apr 10, 2005

Don't forget Hitler's contributions to medicine.
$800 price swing in less than 10 minutes, lol.

Zelder
Jan 4, 2012

Scipiotik posted:

These might be the dumbest group of people I've ever heard talk.

It's incredible. like i almost expect to hear a revolver being reloaded in the background

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WalletBeef
Jun 11, 2005

Up 8% in a matter of minutes after tether printed 100m of USDT. These are totally unrelated events. Do not look behind the curtain.

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