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1161  Economy / Scam Accusations / Re: SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper on: May 25, 2020, 12:16:10 PM
Hilarious people are still defending him.

As stated by Gent they cant escape their mind prison because they can never be wrong.

Their arguments are never about the facts or the details but about the level off trolling or what lie did he tell specifically.

Kind of like meta arguing.




There is a huge elephant in the room!  Well there is a lot of room where there isn't an elephant in it.
1162  Economy / Gambling discussion / Re: ESPORTS - predictions and tips (Dota 2, CS:GO, LoL) on: May 25, 2020, 10:31:56 AM
What happened Rand? did you get a ban or something?

No more suggestions since 21 May and same on spreadsheet.


Why have you forsaken us?!

WHY!   *screamed at the sky*


Seriously though hope all is OK buddy.
1163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2020, 10:28:42 AM
Now CSW will sue the blockchain
1164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2020, 08:40:36 AM
Im split on that one. I did have bitcoin and cryptocurrencies on my CV under interests.

I have reduced it down now to Blockchain technologies.

That way people who know will understand and people who are negative to it wont recognise it so easily.
1165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2020, 07:57:57 AM
I'm happy that this @corona@ thing came.


Check. Thanks for identifying yourself.
1166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2020, 07:39:10 AM
https://twitter.com/ssoeborg/status/1264655812984799234?s=20

Quote
Dont take the unemployment stimulus. Go get a job now, because if/when the unemployment stimulus runs out there is going to be alot of people looking for a job and your chances of getting one will be much lower.

Easy to say. I am seeing jobs with 100-130 applicants in first day, few hours even.

Friday was my last day so Im now in the red zone.
1167  Economy / Gambling discussion / Re: Poker talk - Specifically Hold'em - Hands and or strategy on: May 25, 2020, 07:33:28 AM
Last night I got told off for "limping" a monster hand

But they couldn't explain during the game and said will explain tomorrow.

I had   A K   off suit.


Thanks, I have no idea what it means.
1168  Economy / Gambling / Re: #2 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: May 24, 2020, 07:14:17 PM
I got to 11th this time. Big improvement on 20(19)th


I was 4th or 5th for ages, think I got too keen.



Thanks all. GL

1169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 06:57:33 PM
Stop shilling your coin Biodom
1170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 06:55:26 PM
Whats the price miners will give up and BTC dies? I wonder if these greedy people let BTC collapse just to make profit.

I think they will give up around 8k best to sell everything

A good technical analyst mindrust told me its going to zero
1171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 06:30:41 PM
In US, it is relatively easy. Typically, bankrupt company still trades with a different stock symbol, so you can still close the short, and if it is not traded, then you can still effectively "close" it once it becomes "worthless entity", might take some time, though. The best scenario is when it still trades at a few cents as a bankrupt entity. However, you NEVER "lose" when you are short and company goes bankrupt.

So the opposite side still gets screwed

My thoughts were specifically around an asset heading to zero I suppose


1172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 06:28:34 PM
Hertz has filed for Chapter 11

Damn. And Rickards told me to short _Avis_. Oh well.

If you are short on something and it folds? do you lose anyway?

I can never remember which it is but longs or shorts you have to make a buy to exit at market price? or both

Forgive my lack of comprehension. I probably read it here over the years and lost the fine detail.


1.  When you are short, you sell for $X and hope to rebuy it at a lower price.  Your profit is $X - your buy price - fees and charges.  

2. If you are short something and it folds, then it is complicated because you have sold it and still have the obligation to buy it.  It may have a zero value but if it is suspended from trading then you can’t buy it.  Which is awkward.  So unfortunately the answer is “it depends” on the terms of the trade you entered into which is probably set out in the Exchange rules.  This is a trap for young players.

I am no expert about any of this, either, which is maybe causing me to be overly confused by your explanation 2.

Let's stay with the example of a short, for now:  I thought that Globb0 was suggesting a situation in which a trader wants to get out of short prior to getting force out of it (presumably a trader gets forced out when the BTC price moves too far up before the trader can close the position).

So, for the sake of attempting to learn MOAR better (hypothetical) let's also assume some terms of a recent BTC trade, let's say on May 21, a trader was convinced that BTC prices were going down to below $8,500 or lower before the BTC price goes above $9,200, so that trader enters a fairly aggressive position to short 1BTC at $8,800-ish, with a plan to close that short at around $8,500 - but will be willing to ride out such short under certain circumstances or to close such short earlier if the BTC price does not reach $8,500 as expected.  So the level of confidence causes the shorter to leverage in such a way that he would be forced to close his short at $9,300 and lose his whole BTC- so feeling some confidence that he has a cushion between $9,200 and $9,300 because he does not expect the BTC price to go above $9,200 before it at least goes down to $8,500.

The BTC price ends up moving against this trader's short, and on May 23, he gets nervous that he is going to be forced to close at $9,300 and lose his whole BTC, so instead he manually closes the short at $9,250.  I am thinking that he just closes and loses most of his position but not all of it.  Maybe he loses 80% rather than 100%?  Globb0 seemed to have been asking whether the trader has to buy into the trade to close early, but I am thinking that the trader had already put up all of the collateral that he needed, so if he decides to close early, it is just a matter of where he closes that determines how much he is going to lose, but he does not have to put any more BTC into his trade because whatever he does is already been put up as collateral.

My whole point in bringing this up, Hairy, is because I thought that your answer was only addressing the more extreme situation of being forced out of the position when I thought that Globb0 was trying to explore the extent of the negative impact on a trader (or perhaps if a trader could save himself some money) when the trader decides to close out early rather than being forced out of his position.



No I wasn't saying exit early. it was an question about the absolute. You come to exit but you cant
1173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 05:44:10 PM
Stretched x or y cars are good for hire purposes mainly.

I don't think many just sit in a garage


1174  Economy / Gambling / Re: #2 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: May 24, 2020, 05:04:44 PM
I sent funds, I thought that you said pw would be the same but it says no this is private
1175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 04:43:25 PM
Lockdown is numbing
Every day is Sunday
Thank fuck there's Bitcoin

5 days a week I have been sat in front of a computer from 8 in case my boss wanted something. Monday the true monotony begins.

All I have left is cooking for the family and shopping for that food.

Sheesh



1176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 11:38:54 AM
Badger is the most ferocious  

xxx
1177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2020, 09:28:49 AM
Hertz has filed for Chapter 11

Damn. And Rickards told me to short _Avis_. Oh well.

If you are short on something and it folds? do you lose anyway?

I can never remember which it is but longs or shorts you have to make a buy to exit at market price? or both

Forgive my lack of comprehension. I probably read it here over the years and lost the fine detail.



1178  Economy / Gambling / Re: #2 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: May 24, 2020, 08:43:28 AM
The chat disappears quickly because the noise of the hands going past.

Shame it wasn't 2 separate boxes. I know Bwin is the same.

1179  Economy / Gambling / Re: #2 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: May 23, 2020, 10:45:46 PM
That is BS I finished in 19th so if I don't join I can get higher later than if I play. And others will be demoted places. Stupid system. No offence

Hehe, yes, I always thought it's a bit weird, but it's the same everywhere and I will just take the official result that SwC provides. I can put you at 19th place, if that helps Wink

Late reg will be gone next series - if there is any - if I am not mistaken.

hehe its OK, makes no odds. Understandably I don't want to just throw BTC down a hole though it was nice to have something to do.

I funded for 2 games so I guess I will likely still play the 2nd one.

I haven't done myself any favours by revealing here I am a bit clueless. Everyone kept out bidding me off every hand.



1180  Economy / Gambling / Re: #2 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: May 23, 2020, 10:29:32 PM
Congratulations @Steamtyme!  Smiley

The result today:



Overall standings:


That is BS I finished in 19th so if I don't join I can get higher later than if I play. And others will be demoted places. Stupid system. No offence

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