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

[cAPSLOCK]

Damnit bitcoin.

That's all I'm sayin.

[cAPSLOCK]

and let the purple posts every 100 ft serve as the traditional Texas warning to officially "Fuck around and find out"

I find that you are doing purple fence posts to be so delightfully appropriate.  Your color... and one the locals most likely know to respect.  I guess the tradition goes back.

My moms side of the family were country folk.  I used to visit my grandfather in rural NC and we would take a couple cane poles for fishing.  We fished in a creek on his property, but that was on the edge of his neighbors property.  My grandfather, a man of few words pointed out a post with a purple top and asked me if I knew what it meant.  Nope, I said.  And he told me, it's a friendly way to warn people "if you go on that land they'll shoot ya" (the way my grandfather said it was more like "shoochee" lol).

Is this a US thing or a local Texas thing, I have never heard of it before.

I don;t think it's even the whole US.  I think it is a rural south thing.  From Virginia to Texas basically.  Maybe it goes further west.  But it is many decades old, and was a traditional thing before I think it ever ended up an actual ordinance or law, which it is now.  As in it is legally recognized as a no-trespassing signal now.  You can even see cans of paint sold specifically for the purpose.  It is often a purple not far from Bob's own trademark pink-urple color.

[LoyceV]

Damnit bitcoin.

I always wonder: Do they want people to panic sell to get their coins cheaper? Or do they want people to keep hodling so that they themselves can sell at a higher price?
I also wonder: who are "they" in the sentence I just wrote.

[Arriemoller]

and let the purple posts every 100 ft serve as the traditional Texas warning to officially "Fuck around and find out"

I find that you are doing purple fence posts to be so delightfully appropriate.  Your color... and one the locals most likely know to respect.  I guess the tradition goes back.

My moms side of the family were country folk.  I used to visit my grandfather in rural NC and we would take a couple cane poles for fishing.  We fished in a creek on his property, but that was on the edge of his neighbors property.  My grandfather, a man of few words pointed out a post with a purple top and asked me if I knew what it meant.  Nope, I said.  And he told me, it's a friendly way to warn people "if you go on that land they'll shoot ya" (the way my grandfather said it was more like "shoochee" lol).

Is this a US thing or a local Texas thing, I have never heard of it before.

I don;t think it's even the whole US.  I think it is a rural south thing.  From Virginia to Texas basically.  Maybe it goes further west.  But it is many decades old, and was a traditional thing before I think it ever ended up an actual ordinance or law, which it is now.  As in it is legally recognized as a no-trespassing signal now.  You can even see cans of paint sold specifically for the purpose.  It is often a purple not far from Bob's own trademark pink-urple color.

I see, thanks.

[AlcoHoDL]

and let the purple posts every 100 ft serve as the traditional Texas warning to officially "Fuck around and find out"

I find that you are doing purple fence posts to be so delightfully appropriate.  Your color... and one the locals most likely know to respect.  I guess the tradition goes back.

My moms side of the family were country folk.  I used to visit my grandfather in rural NC and we would take a couple cane poles for fishing.  We fished in a creek on his property, but that was on the edge of his neighbors property.  My grandfather, a man of few words pointed out a post with a purple top and asked me if I knew what it meant.  Nope, I said.  And he told me, it's a friendly way to warn people "if you go on that land they'll shoot ya" (the way my grandfather said it was more like "shoochee" lol).

Is this a US thing or a local Texas thing, I have never heard of it before.

I don;t think it's even the whole US.  I think it is a rural south thing.  From Virginia to Texas basically.  Maybe it goes further west.  But it is many decades old, and was a traditional thing before I think it ever ended up an actual ordinance or law, which it is now.  As in it is legally recognized as a no-trespassing signal now.  You can even see cans of paint sold specifically for the purpose.  It is often a purple not far from Bob's own trademark pink-urple color.

I like this kind of tradition, gives the region some character. I just hope the land owners fire some warning shots and let uninformed trespassers know what it means before shooting at them...

[Arriemoller]

Googled a little and found this "The law was first enacted in Arkansas in 1987 and signed by then Governor Bill Clinton."

[AlcoHoDL]

Such down,
So dip,
Pray to Karhu and weep.

[Arriemoller]

The whole text.


"If you’re in Missouri or Illinois and come across a purple fence, turn around. Here's why.

Missouri and Illinois are two of only 11 states in the country with the “Purple Paint Law” according to a story at AWM.com. Essentially, a fence or line of trees painted bright purple is the equivalent of a giant “NO TRESPASSING” sign. Though the symbol certainly resonates closely with hunters (the special paint is even called “No Hunting Purple”) it is important to note that the trespassing ban applies to all.

As signs can be damaged or blown away, the purple paint code serves as a more effective (and cheaper) alternative to landowners.

Other states with the “Purple Paint Law” include Texas, North Carolina, Florida, Idaho, Arkansas, Montana, Arizona, and Kansas. Missouri adopted the law in 1993 and Illinois in 2011.

The law was first enacted in Arkansas in 1987 and signed by then Governor Bill Clinton."

[Arriemoller]

Ok, I'm posting a cat picture.



Or not.

So now it works again, This is a weird day for me.

[OutOfMemory]

Such down,
So dip,
Pray to Karhu and weep.

I'm praying that my lowest buy order at $44.500 gets filled today.
All the higher ones were already hit, catching the knife  

[JimboToronto]

It seems that some entity is stubbornly selling despite the lack of bitcoin inflows to the spot exchanges.

A small nit: whales selling into their own walls is not actually selling.

Although I agree or at least resonate with most of your paranoid theories ( ), this one never makes that much sense to me.  Why would the "whales" spend the money to do this.  Unless, of course, the whales are actually the exchanges themselves?

I am not questioning the validity of your theory.  I am saying I honestly do not understand it.  Can you elucidate?

Perhaps you should consider that maybe the whales only use exchanges to dump the price down while accumulating much greater amounts off-exchange at the lower prices they've created with their manipulation.

[OutOfMemory]

It seems that some entity is stubbornly selling despite the lack of bitcoin inflows to the spot exchanges.

A small nit: whales selling into their own walls is not actually selling.

Although I agree or at least resonate with most of your paranoid theories ( ), this one never makes that much sense to me.  Why would the "whales" spend the money to do this.  Unless, of course, the whales are actually the exchanges themselves?

I am not questioning the validity of your theory.  I am saying I honestly do not understand it.  Can you elucidate?

Perhaps you should consider that maybe the whales only use exchanges to dump the price down while accumulating much greater amounts off-exchange at the lower prices they've created with their manipulation.

How long can they do this?
Until liquidity shock?
Then dump all BTC on spot and send the market into lower low regions?
Wait for all the hopeless to sell and buy OTC or from miners again?

EDIT: Will it go down forever, Laura?

[Arriemoller]

Apparently orange is purple too.

"In other states, such as Idaho, Montana and Arizona, orange is the color of choice for “No Trespassing” paint.

Can you get shot if you trespass?
Despite what many people may tell you, it’s not legal for landowners to shoot you if you happen to wander past one of these purple markers, however they do have the right to remove you with force if you’re caught trespassing."

[gembitz]

and let the purple posts every 100 ft serve as the traditional Texas warning to officially "Fuck around and find out"

I find that you are doing purple fence posts to be so delightfully appropriate.  Your color... and one the locals most likely know to respect.  I guess the tradition goes back.

My moms side of the family were country folk.  I used to visit my grandfather in rural NC and we would take a couple cane poles for fishing.  We fished in a creek on his property, but that was on the edge of his neighbors property.  My grandfather, a man of few words pointed out a post with a purple top and asked me if I knew what it meant.  Nope, I said.  And he told me, it's a friendly way to warn people "if you go on that land they'll shoot ya" (the way my grandfather said it was more like "shoochee" lol).

Is this a US thing or a local Texas thing, I have never heard of it before.

I don;t think it's even the whole US.  I think it is a rural south thing.  From Virginia to Texas basically.  Maybe it goes further west.  But it is many decades old, and was a traditional thing before I think it ever ended up an actual ordinance or law, which it is now.  As in it is legally recognized as a no-trespassing signal now.  You can even see cans of paint sold specifically for the purpose.  It is often a purple not far from Bob's own trademark pink-urple color.

that keeps bears out? hehe

[ChartBuddy]

Explanation

[Hueristic]

and let the purple posts every 100 ft serve as the traditional Texas warning to officially "Fuck around and find out"

I find that you are doing purple fence posts to be so delightfully appropriate.  Your color... and one the locals most likely know to respect.  I guess the tradition goes back.

My moms side of the family were country folk.  I used to visit my grandfather in rural NC and we would take a couple cane poles for fishing.  We fished in a creek on his property, but that was on the edge of his neighbors property.  My grandfather, a man of few words pointed out a post with a purple top and asked me if I knew what it meant.  Nope, I said.  And he told me, it's a friendly way to warn people "if you go on that land they'll shoot ya" (the way my grandfather said it was more like "shoochee" lol).

Is this a US thing or a local Texas thing, I have never heard of it before.

[BitcoinBunny]

Guess I will have to buy the fucking dip.

For any of you gamers out there, if you have a PS5 already, check out the free Matrix demo. It's like a mini GTA after the first part.

I couldn't believe my eyes at the graphics.

[cAPSLOCK]

Ok, I'm posting a cat picture.



Or not.

So no it works again, This is a weird day for me.

Arrie!  It has a red dildo in the foreground, damnit!

[AlcoHoDL]

Such down,
So dip,
Pray to Karhu and weep.

I'm praying that my lowest buy order at $44.500 gets filled today.
All the higher ones were already hit, catching the knife  

Yeah... I normally would not buy more Bitcoin, as I feel I have enough (can that really be said?), but that dip is far too tasty to resist.

[cAPSLOCK]

It seems that some entity is stubbornly selling despite the lack of bitcoin inflows to the spot exchanges.

A small nit: whales selling into their own walls is not actually selling.

Although I agree or at least resonate with most of your paranoid theories ( ), this one never makes that much sense to me.  Why would the "whales" spend the money to do this.  Unless, of course, the whales are actually the exchanges themselves?

I am not questioning the validity of your theory.  I am saying I honestly do not understand it.  Can you elucidate?

Perhaps you should consider that maybe the whales only use exchanges to dump the price down while accumulating much greater amounts off-exchange at the lower prices they've created with their manipulation.

Now that I have considered extensively, and have even FREQUENTLY posted the theory.

But I see the other theory as being quite different.  That is wash trading into their own buy walls.  I GUESS that might be a somewhat cheaper way to keep the price from going too far north.  But it will keep the price from going too far south...  But save some sats in the process.  Hmm... *scratching chin*... Maybe I DO see it...