All posts made by MagicSmoker in Bitcointalk.org's Wall Observer thread



1. Post 46537237 (copy this link) (by MagicSmoker) (scraped on 2020-04-04_Sat_16.08h):

Quote from: Torque on October 04, 2018, 08:52:47 PM
Don't worry boys, the Bitcoin market will continue to stay down all this year, but will begin to rise again mid next year along with the whole U.S. stock market.

Just like 2014 was, going into 2015.

You see, it's all engineered and managed markets now. It's all fake and completely managed.
...

Setting aside the tin foil hat stuff, to truly manipulate a market you need deep/liquid derivatives trading (e.g. - options AND futures). See, for example, the overwhelming tendency for the S&P 500 (e.g. - SPX/SPY) to close under its high calls or over its high puts on each expiration (a looser interpretation of "max pain theory"). The exceptions are usually from delta hedging, which occurs when a security's price strays well beyond the high calls/low puts and market makers scramble to buy/sell the underlying, respectively, to close out their underwater options contracts.

Now I'll probably go back to lurking as I've done for the past few months or so.



2. Post 47286854 (copy this link) (by MagicSmoker) (scraped on 2020-04-04_Sat_16.10h):

Holy smokes this thread has gone off the rails... Y'all need Jesus somethin' fierce. Or maybe Cthulu...




3. Post 47930636 (copy this link) (by MagicSmoker) (scraped on 2020-04-04_Sat_16.13h):

Quote from: RivAngE on November 15, 2018, 02:58:40 PM

Buy NVDA stocks before they report earnings later today, wake up rich tomorrow and buy crypto in stupidly low prices!

Took the other side of this trade; NVDA likely hasn't a sold a single damn GPU in the last quarter; the 20xx series hasn't inspired much beyond yawns; recent game releases have gone full retard on the social justice thing and core gamers ain't having it.

Consequently, I've loaded up on the NOV23 190/185 put spreads because I'm bearish but I like to limit my risk.