Bitcoin Forum
August 23, 2019, 04:52:24 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: What do you think about more?
Sex - 50 (40%)
Bitcoin - 75 (60%)
Total Voters: 125

Pages: « 1 ... 16270 16271 16272 16273 16274 16275 16276 16277 16278 16279 16280 16281 16282 16283 16284 16285 16286 16287 16288 16289 16290 16291 16292 16293 16294 16295 16296 16297 16298 16299 16300 16301 16302 16303 16304 16305 16306 16307 16308 16309 16310 16311 16312 16313 16314 16315 16316 16317 16318 16319 [16320] 16321 16322 16323 16324 16325 16326 16327 16328 16329 16330 16331 16332 16333 16334 16335 16336 16337 16338 16339 16340 16341 16342 16343 16344 16345 16346 16347 16348 16349 16350 16351 16352 16353 16354 16355 16356 16357 16358 16359 16360 16361 16362 16363 16364 16365 16366 16367 16368 16369 16370 ... 24827 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21334699 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. (104 posts by 20 users deleted.)
hd060053
Hero Member
*****
Offline Offline

Activity: 575
Merit: 503


View Profile
February 02, 2017, 09:31:25 PM

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink
1566579144
Hero Member
*
Offline Offline

Posts: 1566579144

View Profile Personal Message (Offline)

Ignore
1566579144
Reply with quote  #2

1566579144
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566579144
Hero Member
*
Offline Offline

Posts: 1566579144

View Profile Personal Message (Offline)

Ignore
1566579144
Reply with quote  #2

1566579144
Report to moderator
soullyG
Hero Member
*****
Offline Offline

Activity: 727
Merit: 508


Decentralize everything


View Profile
February 02, 2017, 09:34:10 PM

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink

Weeeeeeeeeeeeee  Cheesy
prophetx
Legendary
*
Offline Offline

Activity: 1568
Merit: 1002


he who has the gold makes the rules


View Profile WWW
February 02, 2017, 09:37:08 PM

woohoo go btc

forget elliot waves we're going to get a tsunami!!

Ted E. Bare
Hero Member
*****
Offline Offline

Activity: 658
Merit: 503


Bear with me


View Profile
February 02, 2017, 09:42:54 PM

Where is kwukduck?? Cheesy
smracer
Donator
Legendary
*
Offline Offline

Activity: 1037
Merit: 1002



View Profile
February 02, 2017, 09:55:43 PM

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink

How do they close all these shorts?  At what price does it start to get ugly?

Ted E. Bare
Hero Member
*****
Offline Offline

Activity: 658
Merit: 503


Bear with me


View Profile
February 02, 2017, 10:00:12 PM

If I'm correct, the last ones to close will lose approximately half of their balances. Yes it can get that ugly.
TeeBone
Sr. Member
****
Offline Offline

Activity: 502
Merit: 251


View Profile
February 02, 2017, 10:01:56 PM

I see this as a large bounce off the 750 low, we should hit the 78% retracement at 1055. But, to zoom through the ATH from here, doesnt look proportional...it's happening too quick. If this is indeed the 'handle' part of the huge cup and handle from 2013-now, then another drop is likely.
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


View Profile
February 02, 2017, 10:54:07 PM

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink

Short positions on bitfinex haven't exceeded 16k since the hack.  The current figure is about 13k.  I'm not sure where you are getting 22k from.

https://bfxdata.com/positions/btcusd
gembitz
Sr. Member
****
Online Online

Activity: 1022
Merit: 355


*Brute force will solve any Bitcoin problem*


View Profile
February 02, 2017, 11:24:16 PM

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink

How do they close all these shorts?  At what price does it start to get ugly?




^squeeeeeze the shorts(china)  Cheesy  weeeeeeeeee



Pruden
Hero Member
*****
Offline Offline

Activity: 495
Merit: 500

Spanish Bitcoin trader


View Profile
February 02, 2017, 11:24:47 PM

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink

Short positions on bitfinex haven't exceeded 16k since the hack.  The current figure is about 13k.  I'm not sure where you are getting 22k from.

https://bfxdata.com/positions/btcusd
From here: https://bfxdata.com/swaphistory/totals

I wonder what the difference means.
JayJuanGee
Legendary
*
Online Online

Activity: 1988
Merit: 1927


How much alt coin diversification is needed? 0%?


View Profile
February 02, 2017, 11:27:02 PM

Doubling in price in half the time pattern essentially still holding for this exponential bull run ... late March 1600-1800, mid-May 3200-3600, early June insane vertical up to 6500-7200 and pop. For approximate repeat of 2013 halving bull adoption wave blow-off.


^bitcoiners can't do maths when the blocksize doubles to 2MB the price goes//^$2000?lol

 Cheesy

(((n00bs!)))

Price and blocksize hardlimit are not correlated.

Bitcoin has a lot more going on than some mere simplistic (and even seemingly non-technical issue) such as blocksize hardlimit.  Yeah, sure granted there is some whining and politics around the blocksize hardlimit issue, but the correlation to price is quite tangential and sporadic and largely difficult to pinpoint in terms of directness... oh yeah, and even if there is some correlation, we have the other concept that even assuming correlation, that does not equal causation. 
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


View Profile
February 02, 2017, 11:32:29 PM
Last edit: February 03, 2017, 02:27:07 AM by notme

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink

Short positions on bitfinex haven't exceeded 16k since the hack.  The current figure is about 13k.  I'm not sure where you are getting 22k from.

https://bfxdata.com/positions/btcusd
From here: https://bfxdata.com/swaphistory/totals

I wonder what the difference means.

You can reserve swaps without utilizing them, which can get you a better rate.  So there are 22k btc reserved, and 13k already sold, leaving 9k btc sitting there ready to be sold for the right price without any additional swap cost to the trader.

(this is wrong, see https://bitcointalk.org/index.php?topic=178336.msg17714512#msg17714512)
Torque
Legendary
*
Offline Offline

Activity: 1890
Merit: 1509



View Profile
February 02, 2017, 11:33:30 PM

gembitz
Sr. Member
****
Online Online

Activity: 1022
Merit: 355


*Brute force will solve any Bitcoin problem*


View Profile
February 02, 2017, 11:33:37 PM

Doubling in price in half the time pattern essentially still holding for this exponential bull run ... late March 1600-1800, mid-May 3200-3600, early June insane vertical up to 6500-7200 and pop. For approximate repeat of 2013 halving bull adoption wave blow-off.


^bitcoiners can't do maths when the blocksize doubles to 2MB the price goes//^$2000?lol

 Cheesy

(((n00bs!)))

Price and blocksize hardlimit are not correlated.

Bitcoin has a lot more going on than some mere simplistic (and even seemingly non-technical issue) such as blocksize hardlimit.  Yeah, sure granted there is some whining and politics around the blocksize hardlimit issue, but the correlation to price is quite tangential and sporadic and largely difficult to pinpoint in terms of directness... oh yeah, and even if there is some correlation, we have the other concept that even assuming correlation, that does not equal causation. 


^simple fact bitcoiners can't do maths = 2MB is 1MB + 1MB so = $2000 price :-D
JayJuanGee
Legendary
*
Online Online

Activity: 1988
Merit: 1927


How much alt coin diversification is needed? 0%?


View Profile
February 02, 2017, 11:38:16 PM


Thats it.

We have now transited permanently into the realm of 4-figure BTC, never to return.

We will never again see sub $1000 BTC. Double top on the 12-hour, concluded 3-year consolidation from last ATH. Games now going with serve and increments of $100 Wink



Are you being serious here? I mean, lots of people are expecting the fractal from June-July to repeat here with months of consolidation below 900 and then maybe a new rally after that. And these are only those who don't expect a new bear market to start from here again.

Who are these "lots of people" because that is sounding like pure pie in the sky fantasy bullshit?   or maybe coming off as a kind of royal "we."

We had a run up from $550 to $1140, and sure that was feeling a bit much and we got a pretty decent correction of over 34%.  What else do you want in terms of buying opportunities?

Sure it is possible that we can return to 3 digits, but I would not count on it, just as I would not count on not returning.

But, we all likely realize that Toknormal's statement was somewhat aspirational, but it certainly is quite possible to be completely true or at least true for long enough that you are missing various opportunities, if you have not already prepared for uppity rather than more down or flat.
PoolMinor
Legendary
*
Offline Offline

Activity: 1667
Merit: 1060


XXXVII Fnord is toast without bread


View Profile
February 02, 2017, 11:38:22 PM



What if the last 3 weeks is a bull trap?
keyboard warrior
Sr. Member
****
Offline Offline

Activity: 266
Merit: 251


View Profile
February 02, 2017, 11:40:57 PM
Last edit: February 03, 2017, 12:03:44 AM by keyboard warrior

jfi there are still > 22k BTC shorts on bitfinex. that can escalate quickly. next week is critical  Wink

Short positions on bitfinex haven't exceeded 16k since the hack.  The current figure is about 13k.  I'm not sure where you are getting 22k from.

https://bfxdata.com/positions/btcusd
From here: https://bfxdata.com/swaphistory/totals

I wonder what the difference means.

You can reserve swaps without utilizing them, which can get you a better rate.  So there are 22k btc reserved, and 16k already sold, leaving 6k btc sitting there ready to be sold for the right price without any additional swap cost to the trader.

Does this link show historical BTC swaps used together with the unused swaps, omitting the USD swaps?

https://www.bfxdata.com/swaphistory/btc

The bottom chart on that page shows this.

total sum of BTC margin funding: 22,414

unused sum of BTC margin funding: 199


The top chart on this page shows these values.

https://bfxdata.com/positions/btcusd

BTCUSD long positions: 34 425

BTCUSD short positions: -13 267

I assume the different totals are because USD is included and those figures are active values.
JayJuanGee
Legendary
*
Online Online

Activity: 1988
Merit: 1927


How much alt coin diversification is needed? 0%?


View Profile
February 02, 2017, 11:56:42 PM

I see this as a large bounce off the 750 low, we should hit the 78% retracement at 1055. But, to zoom through the ATH from here, doesnt look proportional...it's happening too quick. If this is indeed the 'handle' part of the huge cup and handle from 2013-now, then another drop is likely.

I have no problem with any of that analysis.. yet, it seems that we have decent chance to get to $1,050-ish or higher before experiencing another correction.. but yeah, when it comes to the future, we are dealing with probabilities rather than certainties, and sometimes less probable scenarios can end up playing out....  ... I think a correction in this $1,000 to $1,050 arena seems less likely than a correction above $1,050, but wat deee fuq doo me noes?
yefi
Legendary
*
Offline Offline

Activity: 2142
Merit: 1161



View Profile
February 03, 2017, 12:19:19 AM

Does this link show historical BTC swaps used together with the unused swaps, omitting the USD swaps?

https://www.bfxdata.com/swaphistory/btc

The bottom chart on that page shows this.

total sum of BTC margin funding: 22,414

unused sum of BTC margin funding: 199


The top chart on this page shows these values.

https://bfxdata.com/positions/btcusd

BTCUSD long positions: 34 425

BTCUSD short positions: -13 267


I assume the different totals are because USD is included and those figures are active values.

I always thought the difference was because BTC margin was used for long positions in the other markets as well as for shorts in BTC.
keyboard warrior
Sr. Member
****
Offline Offline

Activity: 266
Merit: 251


View Profile
February 03, 2017, 12:25:10 AM

Does this link show historical BTC swaps used together with the unused swaps, omitting the USD swaps?

https://www.bfxdata.com/swaphistory/btc

The bottom chart on that page shows this.

total sum of BTC margin funding: 22,414

unused sum of BTC margin funding: 199


The top chart on this page shows these values.

https://bfxdata.com/positions/btcusd

BTCUSD long positions: 34 425

BTCUSD short positions: -13 267


I assume the different totals are because USD is included and those figures are active values.

I always thought the difference was because BTC margin was used for long position in the other markets as well as for shorts in BTC.

I have never used swaps on bitfinex. Can USD margin be used for long position in the other markets as well as for shorts in BTC? I think I read you can borrow bitcoins and use them to go either long or short with, and I assume USD is similar.
Pages: « 1 ... 16270 16271 16272 16273 16274 16275 16276 16277 16278 16279 16280 16281 16282 16283 16284 16285 16286 16287 16288 16289 16290 16291 16292 16293 16294 16295 16296 16297 16298 16299 16300 16301 16302 16303 16304 16305 16306 16307 16308 16309 16310 16311 16312 16313 16314 16315 16316 16317 16318 16319 [16320] 16321 16322 16323 16324 16325 16326 16327 16328 16329 16330 16331 16332 16333 16334 16335 16336 16337 16338 16339 16340 16341 16342 16343 16344 16345 16346 16347 16348 16349 16350 16351 16352 16353 16354 16355 16356 16357 16358 16359 16360 16361 16362 16363 16364 16365 16366 16367 16368 16369 16370 ... 24827 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!