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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 10, 2020, 02:22:40 PM
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I think we can agree that bulls AND bears are exhausted.
Huh? I think we might agree that bears might be getting tired... and your lil admission about your current level of tired and your attempt to project exhaustion onto the bulls might be more revealing upon the situation of the bears rather than the bulls, maybe? Perhaps? From my armchair perspective, I cannot really know if the beartards are running out of fuel.. I cannot be that presumptuous to know short-term readiness, willingness or abilities of bears to pump more value into trying to drive BTC's prices down - which surely they will do it if they can; however, from time to time, since about April 1, we have been witnessing these little bitcoin UPspurts here and there (hint look at the price charts for the past year-ish - and maybe even longer for context), providing us bitcoin HODLers signs of bitcoin life and strength, for those HODLers who are ready, willing and able to recognize and appreciate such seemingly ongoing bitcoin POWER signs. Accordingly, we just had a nice lil $1,600-ish / 5 day-ish pumpening of our lil product (aka good ole lil buddy) culminating to about $8,463.60 - slight more than a day or so ago... That lil UPPITY situation did NOT feel at all exhausting, for yours truly (and can I speak for other HODLers? Perhaps? Not exhausting...)... The past few days, may have been a wee bit exhausting for a few beartards? Especially the dumbass beartards who thought that the lopsided longs on Bitfinex (or does bitmex count too?) "guaranteed" them some kind of DOWN movement rather than UP.... Poor lil tinglies.. BTC prices did not go their way.  Saaaaaadddd. For me, that lil UP bumpening felt pretty yummy over those recent 5-ish days.. and seeing a few bear shorteners getting their down bets REKKT along the way during such processenings.. Even if not quite half of the UP has been closed to retraced as I type (in the last 6 hours, largely bouncing between about $7,750 and $7,850), I don't mind. Even if most or all of the UP progress ends up getting retraced, so what... ? Not feeling like an exhausting situation, but instead feeling like a possible buying opportunity (or alternatively a HODLing rather than selling situation).. for those who can appreciate it. Ultimately, we still seem to be in a bull-leaning market.  You will thank me later, for pointing out these lil recent-historical minor perspective matters to you, bear wannabe.. never read so many stupid words in a row. look at the data. run the numbers.
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 09, 2020, 12:58:37 PM
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So i followed that interesting conversation today...
.... At that time, they might even ask me if i heard about bitcoin, and that i should sell my house to buy btc)
It's somewhat entertaining to find out it's ponzi only if you are not an early adopter.  And yes, they are the majority in the world, we are just a small and strange(!) minority. early entrants of a ponzi never complain. BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.2:0.018 Long Daily Charge $73,327 Short Daily Charge 0.09205 BTC Total Long 35,803 ($283,087,160)Funded Longs $162,947,778 Total Short 3,282 ($25,950,118)Funded Shorts 2,630 BTC observing 7900$ bulls deleveraging hard it seems.
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 08, 2020, 08:47:41 PM
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today i did something different and shorted $eth for a change.
lets help them to get to their fair value.
feeling cute in my shorts. BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.21:0.019 Long Daily Charge $69,680 Short Daily Charge 0.098784 BTC Total Long 38,301 ($304,113,770)Funded Longs $158,363,170 Total Short 3,375 ($26,797,838)Funded Shorts 2,744 BTC meanwhile we made a new ATL on finex shorts. Longs closing in rapid to. Finex premium is gone. wondering what's up. maybe they got banking sorted...
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 07, 2020, 09:37:04 PM
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The gann theory told us to buy between 15th and 20th at the bottom. Now everybody wants to buy at the higher price at 8k instead of 6k. The gann works because people think it's retarded. Even some of them who believe in this they don't know how to use it. Looking for the next gann dates...
what do u think about the upcoming pluto saturn cross ? BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.22:0.02 Long Daily Charge $61,167 Short Daily Charge 0.099552 BTC Total Long 39,718 ($320,794,342) Funded Longs $152,916,525 Total Short 3,577 ($28,890,714)Funded Shorts 2,928 BTC Finex shorts new ATL Observing 8100$
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 06, 2020, 10:56:43 PM
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today i did something different and shorted $eth for a change.
lets help them to get to their fair value.
Shorting ANYTHING is a suicide! Why is it so hard to understand that the biggest bubble nowadays is the $ itself? And yes, the fair value of EVERYTHING isn't calculated in $$$ anymore. It is calculated in bitcoins! i hope u are right because i hold considerable assets outside the $ but its protected by the FED and predator drones  How will the FED print bitcoins and Predator drones bomb Bitcoin to protect the $? u can't be serious. don't make me go full r0ach on u.
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 06, 2020, 10:45:35 PM
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today i did something different and shorted $eth for a change.
lets help them to get to their fair value.
Shorting ANYTHING is a suicide! Why is it so hard to understand that the biggest bubble nowadays is the $ itself? And yes, the fair value of EVERYTHING isn't calculated in $$$ anymore. It is calculated in bitcoins! i hope u are right because i hold considerable assets outside the $ but its protected by the FED and predator drones  just made a new ATL on Finex shorts. so i can't help myself. BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.24:0.02 Long Daily Charge $48,954 Short Daily Charge 0.098076 BTC Total Long 42,656 ($328,382,950) Funded Longs $143,983,325 Total Short 3,710 ($28,561,064)Funded Shorts 2,972 BTC
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 06, 2020, 05:51:46 PM
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got stoped out of my short...... weeeeh.
hmm will reassess later.
hope the world will calm down a bit.
cheering for war to pump prices feels wrong.
Yeah... I feel so bad that the world is against you... and peeps are so fucking dumb that they don't understand the negatives of bitcoin, but at least, I have to give you some credit for admitting your dumb and your getting stopped out... Anyhow, just keep shorting our lil buddy, and sooner or later it is likely to work out for you, as long as you don't go broke in the trying to make money in the wrong direction process... and your ongoing reliance on what "should happen" in your world view that is negative about the power of king daddy.... Bitcoin needs shorters like you.  Along with the CME and CBOE instruments that are NOT adequately backed, and in the end going to get totally fucked by their betting against king daddy... at least hopefully. got stoped out of my short...... weeeeh.
hmm will reassess later.
hope the world will calm down a bit.
cheering for war to pump prices feels wrong.
Nobody is saying or hoping for war .... and surely not as a motivator to pump the price.... even if an instant ATH would mean and require war and unnecessary casualties then NOT 1 (i'm for sure not) of the WO-members would be hoping for it. <--- insane thoughts But some could discus is there a connection/reaction etc... I honestly don't think there is, but then again who am I... also just a fish not knowing anything. You're back going short? I am sure that there are a few perverted fucks who want war in or Armageddon out of a belief that it is going to help their BTC position, but that seems to be a misinformed, jaded perspective... that is likely the vast minority of WO peeps..... In other words, whiteboy420 is just making shit up when he suggests that there are jaded incentives out there plotting against his logic in shorting, blah blah blah... If he was a wee bit smarter, he should not be shorting king daddy anywhooo. can't believe i just read an entire JJG post. do i have to remind u of the price performance since 30.11.2019 ?
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 06, 2020, 11:16:56 AM
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got stoped out of my short...... weeeeh.
hmm will reassess later.
hope the world will calm down a bit.
cheering for war to pump prices feels wrong.
Nobody is saying or hoping for war .... and surely not as a motivator to pump the price.... even if an instant ATH would mean and require war and unnecessary casualties then NOT 1 (i'm for sure not) of the WO-members would be hoping for it. <--- insane thoughts But some could discus is there a connection/reaction etc... I honestly don't think there is, but then again who am I... also just a fish not knowing anything. You're back going short? 1.We broke down 3-months consolidation and 200DMA -> I am assuming bear market till proven wrong. 2.With #1, it means $btc bull market failed to break previous ATH for the 1st time -> I am going to assume the first MACRO-BEAR market!
current plan is to watch the 200DMA retest and quite likely short it. (depending on the tape)
I still think i need to clarify.
pls realize the difference between assuming bear market for trading vs actually calling something like 1k.
Assuming bear market means I'm preferring to enter shorts on bounces vs buying dips, UNTIL TREND CHANGES.
Ps: How do i get a Profile picture ?
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 04, 2020, 10:02:10 PM
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BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.24:0.022 Long Daily Charge $44,128 Short Daily Charge 0.13236 BTC Total Long 43,997 ($324,548,270) Funded Longs $133,719,768 Total Short 3,987 ($29,410,504) Funded Shorts 3,309 BTC
shorts got squeezed
what comes next ?
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 04, 2020, 08:46:30 AM
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BTC/USD Long/Short Ratio 89:10 % of supply long:short 0.25:0.029 Long Daily Charge $43,384 Short Daily Charge 0.19135 BTC Total Long 45,584 ($336,779,150) Funded Longs $131,467,927 Total Short 5,314 ($39,260,363) Funded Shorts 4,450 BTC
shorts gave up rather easily
marketmaker's actual geniuses for making everyone bullish at a lower low and lower high
run the fucking numbers
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 02, 2020, 09:00:23 PM
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BTC/USD Long/Short Ratio 87:12 % of supply long:short 0.25:0.037 Long Daily Charge $42,226 Short Daily Charge 0.28934 BTC Total Long 45,253 ($316,277,742) Funded Longs $131,957,759 Total Short 6,744 ($47,134,490) Funded Shorts 5,905 BTC
got some shorts to liquidate.
bounce should be near.
observing 6930$
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: December 25, 2019, 01:47:28 AM
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She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.
The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup. She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one. We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark. As posters have said, nobody can claim to know for sure, and that includes the most bullish cheerleaders.... So, there is indeed a possibility that BTC does not rise due to the next halving. There have only been 2 halvings so far, way too little for a certain judgment. Price is always dependent on demand first and foremost... supply is important, but it is secondary.The next bubble, if and when it happens , will have to be a function of a very large amount of fresh capital entering the market. The numbers required are much larger now than in previous bull phases. Cost of production also plays a major part... Cutting production (per block) in half, while cost of production (per block) remains the same, could make mining unprofitable, unless the price rises. Edit: Rephrased last sentence. 2020 lead up to halvening will be the most pathetic hopium cope by folks that cant into economics but somehow think the supply/demand discourse magic is an apodictic certainty. Meanwhile corn will continue dooming
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: December 23, 2019, 09:05:23 AM
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BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.26:0.024 Long Daily Charge $40,883 Short Daily Charge 0.19964 BTC Total Long 47,132 ($339,006,336) Funded Longs $123,888,979 Total Short 4,387 ($31,554,375) Funded Shorts 3,442 BTC
shorts on Finex just made a new All time low.
The resolution of this will be epic.
I love to take the $$$ of stupid people that short bitcoin, convert them into bitcoins, and increase my bitcoin stash! BTC/USD Observing 7542$ Long/Short Ratio 91:8 % of supply long:short 0.26:0.023 Long Daily Charge $40,147 Short Daily Charge 0.19152 BTC Total Long 47,446 ($358,278,980)Funded Longs $125,460,357 Total Short 4,224 ($31,896,691)Funded Shorts 3,360 BTC started a small short around 75xx. come and get it.
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: December 22, 2019, 08:57:14 AM
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BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.26:0.024 Long Daily Charge $40,883 Short Daily Charge 0.19964 BTC Total Long 47,132 ($339,006,336) Funded Longs $123,888,979 Total Short 4,387 ($31,554,375) Funded Shorts 3,442 BTC
shorts on Finex just made a new All time low.
The resolution of this will be epic.
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: December 21, 2019, 08:54:52 AM
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BTC/USD Long/Short Ratio 91:8 % of supply long:short 0.26:0.025 Long Daily Charge $42,219 Short Daily Charge 0.2251 BTC Total Long 47,012 ($337,066,638) Funded Longs $124,174,426 Total Short 4,560 ($32,694,288) Funded Shorts 3,573 BTC
shorts approaching ATL again.
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