Bitcoin Forum
March 28, 2024, 09:18:02 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

Pages: « 1 ... 7845 7846 7847 7848 7849 7850 7851 7852 7853 7854 7855 7856 7857 7858 7859 7860 7861 7862 7863 7864 7865 7866 7867 7868 7869 7870 7871 7872 7873 7874 7875 7876 7877 7878 7879 7880 7881 7882 7883 7884 7885 7886 7887 7888 7889 7890 7891 7892 7893 7894 [7895] 7896 7897 7898 7899 7900 7901 7902 7903 7904 7905 7906 7907 7908 7909 7910 7911 7912 7913 7914 7915 7916 7917 7918 7919 7920 7921 7922 7923 7924 7925 7926 7927 7928 7929 7930 7931 7932 7933 7934 7935 7936 7937 7938 7939 7940 7941 7942 7943 7944 7945 ... 33202 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336359 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
billyjoeallen
Legendary
*
Offline Offline

Activity: 1106
Merit: 1007


Hide your women


View Profile WWW
August 20, 2014, 10:08:42 AM

So, basically all of the alts are up big time and we are flat on the whole for the day. http://coinmarketcap.com/

1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR

2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.



I'm going with 3.) No one knows wtf is going on and the whales have successfully completed confused the minnows

Um, yeah. If there is someone smarter than you with substantially more money, then he's probably going to take it from you.  Listen up, people: there are two things that we are doing here to provide value to the Bitcoin economy: We are either reducing volatility and making money, or we are contributing volatility and paying off the good traders and hopefully learning something in the process. WE are the decentral bankers of Bitcoin. We are the liquidity providers and we are also here to take away the punch bowl when things get too frothy. We are trying to do what central bankers would try to do if bitcoin had a central bank.  Now bitcoin is too volatile which means we are needed. The goal for most people here is to learn what the hell you are doing before you go broke. It's hard, but there is great opportunity for those with skill and a high risk tolerance.

Pay attention to the moving averages.  until the four hour cross, there is no real momentum at all and we can assume a bias to the down side. I missed the train on the shot up to $687 so I'm not risking all cash, but here we are back in the four hundreds, so all I really lost was three months and I still have the same money as if I rode the market up and back down. Make your money on the overshoots up and down, and have enough coin and fiat to profit if either happens.
"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711617482
Hero Member
*
Offline Offline

Posts: 1711617482

View Profile Personal Message (Offline)

Ignore
1711617482
Reply with quote  #2

1711617482
Report to moderator
1711617482
Hero Member
*
Offline Offline

Posts: 1711617482

View Profile Personal Message (Offline)

Ignore
1711617482
Reply with quote  #2

1711617482
Report to moderator
JayJuanGee
Legendary
*
Offline Offline

Activity: 3668
Merit: 10063


Self-Custody is a right. Say no to"Non-custodial"


View Profile
August 20, 2014, 10:09:48 AM

You're not getting my coins for less than $1000. HODL.

if your going to hold through all this don't sell at 1K...

if its going to 1K again its going to 10K


I hope that you are correct; however, I am NOT as bullish as you.  I am currently thinking that if it makes it to $1k, then it will go between $3k and $5k; however, I like your scenario better than mine... and yours certainly seems possible.   In my mind, $3-5K seems more plausible... but what the fuck do I know.Huh
manfred
Legendary
*
Offline Offline

Activity: 966
Merit: 1001


Energy is Wealth


View Profile
August 20, 2014, 10:13:20 AM

Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)
billyjoeallen
Legendary
*
Offline Offline

Activity: 1106
Merit: 1007


Hide your women


View Profile WWW
August 20, 2014, 10:24:03 AM

Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)


This suffers from the same flaw as Pascal's Wager (Google it).  If you want to say hedge your bets by getting some litecoin, then the same argument holds for all other alts with an even shorter history and steeper exponential trendline. Darkcoin? There are over a hundred alts to consider. What, bitcoin isn't risky and volatile enough for you? Are you day trading or gambling?
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
August 20, 2014, 10:28:17 AM

did we crash to 0 yet?
magicmexican
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
August 20, 2014, 10:29:41 AM

did we crash to 0 yet?


Could happen on btc-e, soon'ish
JayJuanGee
Legendary
*
Offline Offline

Activity: 3668
Merit: 10063


Self-Custody is a right. Say no to"Non-custodial"


View Profile
August 20, 2014, 10:29:48 AM

Does anyone have an explanation on who keeps lending fresh BTC on bitfinex for those shorts?

An interest rate of 0.0055 %/day (2% annual) doesn't seem worth the risk to me.

after BTC swaps shot to 8k BTC, an hour ago there was only miniscule amount available. Now there's again ~ 1000 BTC available to borrow at flash rate of 0.0055 %/day. wtf. who in his right mind is doing this???

wild theory: maybe those are just finexBTC being lent?



dude, come on. 1000 BTC? that's nothing. a year ago we used to see 5k walls, 5k dumps regularly. 9k total swaps and 1000 "fresh" BTC is nothing. any early adopter could be doing this, no need to make any accusations of finexBTC....


1k BTC today is very close to the same value as 5k BTC one year ago...
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
August 20, 2014, 10:31:33 AM

did we crash to 0 yet?


Could happen on btc-e, soon'ish

i better capitulate b4 its starts costing money to do that

SUB 0!
JayJuanGee
Legendary
*
Offline Offline

Activity: 3668
Merit: 10063


Self-Custody is a right. Say no to"Non-custodial"


View Profile
August 20, 2014, 10:36:33 AM

So, basically all of the alts are up big time and we are flat on the whole for the day. http://coinmarketcap.com/

1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR

2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.



I'm going with 3.) No one knows wtf is going on and the whales have successfully completed confused the minnows


3) sounds better to me, too... It does NOT make a whole hell of a lot of sense to attempt to make some comprehensive theory regarding alts b/c each of the alts are likely being manipulated in different ways, which in part may correlate to changes in bitcoin prices and other news drops related to any of the alt coins.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
August 20, 2014, 10:37:56 AM

if someone says we're bouncing on "low vol" i swear to god i'm going to pop out of your computer screen and moon you
Yololintian
Sr. Member
****
Offline Offline

Activity: 293
Merit: 250


View Profile
August 20, 2014, 10:38:17 AM

I'm starting to feel really bullish right now. Longs got squeezed to the extent that I wanted, been waiting for that for over a month. And now 8k shorts, mostly at the bottom. There's gonna be a nice short squeeze and I think we will see 500s soon.
spiderbrain
Legendary
*
Offline Offline

Activity: 889
Merit: 1013



View Profile
August 20, 2014, 10:42:29 AM

if someone says we're bouncing on "low vol" i swear to god i'm going to pop out of your computer screen and moon you
=D
klee
Legendary
*
Offline Offline

Activity: 1498
Merit: 1000



View Profile
August 20, 2014, 10:44:32 AM


This is Stellar!!!  Shocked
JayJuanGee
Legendary
*
Offline Offline

Activity: 3668
Merit: 10063


Self-Custody is a right. Say no to"Non-custodial"


View Profile
August 20, 2014, 10:50:06 AM

So, basically all of the alts are up big time and we are flat on the whole for the day. http://coinmarketcap.com/

1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR

2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.



I'm going with 3.) No one knows wtf is going on and the whales have successfully completed confused the minnows

Um, yeah. If there is someone smarter than you with substantially more money, then he's probably going to take it from you.  Listen up, people: there are two things that we are doing here to provide value to the Bitcoin economy: We are either reducing volatility and making money, or we are contributing volatility and paying off the good traders and hopefully learning something in the process. WE are the decentral bankers of Bitcoin. We are the liquidity providers and we are also here to take away the punch bowl when things get too frothy. We are trying to do what central bankers would try to do if bitcoin had a central bank.  Now bitcoin is too volatile which means we are needed. The goal for most people here is to learn what the hell you are doing before you go broke. It's hard, but there is great opportunity for those with skill and a high risk tolerance.

Pay attention to the moving averages.  until the four hour cross, there is no real momentum at all and we can assume a bias to the down side. I missed the train on the shot up to $687 so I'm not risking all cash, but here we are back in the four hundreds, so all I really lost was three months and I still have the same money as if I rode the market up and back down. Make your money on the overshoots up and down, and have enough coin and fiat to profit if either happens.


Probably the reason you got squeezed the last time (three months ago) was b/c you were shorting when you should have been betting long. 

It seems that you have NOT learned from your mistakes, which is sad for you; however, you are back here attempting to suggest that you are more knowledgable then the rest of us b/c you have been around the block and you seem to be playing the same tune to attempt to rally the troops to follow you and to sell coins. 

However, contrary to your plan the better and more sane solution towards BTC prosperity is:


HODL!!!!!!!   and BUYDL!!!!!!!!!
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
August 20, 2014, 10:52:43 AM

manfred
Legendary
*
Offline Offline

Activity: 966
Merit: 1001


Energy is Wealth


View Profile
August 20, 2014, 10:54:03 AM

lol, people selling the Facebook details for a meagre 100 scam stellars
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
August 20, 2014, 10:55:45 AM

lol, people selling the Facebook details for a meagre 100 scam stellars
wtf dose that mean?
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile
August 20, 2014, 10:56:53 AM

Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)

If you're going to accurately compare Bitcoin and Litecoin, then look at the LTC/BTC exchange rate instead of comparing them both to USD, which is irrelevant to the comparison.
findftp
Legendary
*
Offline Offline

Activity: 1022
Merit: 1005

Delusional crypto obsessionist


View Profile
August 20, 2014, 10:57:09 AM

Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)

Can you tell me what software you use to generate these charts?
rpietila
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1036



View Profile
August 20, 2014, 11:12:56 AM

If you're going to accurately compare Bitcoin and Litecoin, then look at the LTC/BTC exchange rate instead of comparing them both to USD, which is irrelevant to the comparison.

How is this so?
Pages: « 1 ... 7845 7846 7847 7848 7849 7850 7851 7852 7853 7854 7855 7856 7857 7858 7859 7860 7861 7862 7863 7864 7865 7866 7867 7868 7869 7870 7871 7872 7873 7874 7875 7876 7877 7878 7879 7880 7881 7882 7883 7884 7885 7886 7887 7888 7889 7890 7891 7892 7893 7894 [7895] 7896 7897 7898 7899 7900 7901 7902 7903 7904 7905 7906 7907 7908 7909 7910 7911 7912 7913 7914 7915 7916 7917 7918 7919 7920 7921 7922 7923 7924 7925 7926 7927 7928 7929 7930 7931 7932 7933 7934 7935 7936 7937 7938 7939 7940 7941 7942 7943 7944 7945 ... 33202 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!