Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[jojo69]

so where can you buy the things?  I don't see them for sale

[1714565181]

1714565181

[1714565181]

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[empowering]

so where can you buy the things?  I don't see them for sale

ATM only Bittrex for us westerners

Incidentally- a good friend of mine wants to get in - at $15 I advised wait for a pullback- we are at $27 now and I still saying the same thing ...Its got to pullback right?

I have buy orders in at $7 ish and now I am wondering if they will get filled.

I have a target figure in mind of the amount to want to acquire.. dollar costing averaging upwards - ouch

[jojo69]

so where can you buy the things?  I don't see them for sale

ATM only Bittrex for us westerners

Bittrex may not make all of the Services available in all markets and jurisdictions, and may restrict or prohibit use of all or a portion of the Services from certain states, territories, or jurisdictions (“Restricted Locations”). At this time, Restricted Locations include, but are not limited to, several U.S. states: AK, AR, CA, CT, FL, HI, ID, IA, KS, KT, LA, MD, MI, MS, NC, ND, NE, NH, NV, OH, OK, PA, SD, TX, VT, VA, WA, WY, and PR.

so basically not for sale

[K~Ehleyr]

And no less centralised because the UK will now be ruled by one bastard government that cannot be trusted, instead of having the other 27 countries of the EU to moderate.

But it is less centralized because the sovereign unit is smaller.  If you do not like the current UK government, work to change it.  The smaller the sovereign unit he more impact an individual can have on its policy.

By your way of thinking one world government would be best because then we would have 195 countries to "moderate".

Only if you think the individual can have any impact at all.  In reality, the disassociation from the EU and in particular the cessation of the bill of human rights and the jurisdiction of the ECJ means that the fascist tory government running the UK will now be free to be as draconian as they like with nobody and no body able to intervene.  The British voters will have the opportunity to change the government at the next general election, yes, but they've already shown that their judgement is flawed and I personally won't be eligible to vote in the next UK general election anyway.  I'm waiting to see what happens and how my rights are affected by the negotiations, but there's a good chance I'll be changing my nationality in order to protect my own rights.

[empowering]

so where can you buy the things?  I don't see them for sale

ATM only Bittrex for us westerners

Bittrex may not make all of the Services available in all markets and jurisdictions, and may restrict or prohibit use of all or a portion of the Services from certain states, territories, or jurisdictions (“Restricted Locations”). At this time, Restricted Locations include, but are not limited to, several U.S. states: AK, AR, CA, CT, FL, HI, ID, IA, KS, KT, LA, MD, MI, MS, NC, ND, NE, NH, NV, OH, OK, PA, SD, TX, VT, VA, WA, WY, and PR.

so basically not for sale

Are you in one of those states?

Ouch.

Maybe a fellow pesky bitcoiner can help you out !

[jojo69]

The British voters will have the opportunity to change the government at the next general election, yes, but they've already shown that their judgement is flawed

I see

we're done here

[Dakustaking76]

And were going down buy the dips bips

[Arriemoller]

 




"The British voters will have the opportunity to change the government at the next general election, yes, but they've already shown that their judgement is flawed"
 
The voters have a different opinion then me, so democracy must be bad". Where have I heard that before?

[conspirosphere.tk]

Only if you think the individual can have any impact at all.  In reality, the disassociation from the EU and in particular the cessation of the bill of human rights and the jurisdiction of the ECJ means that the fascist tory government running the UK will now be free to be as draconian as they like with nobody and no body able to intervene.  

Since you believe that a superstate will free you from the state you are clinically insane. Find a therapist.

[jojo69]

Only if you think the individual can have any impact at all.  In reality, the disassociation from the EU and in particular the cessation of the bill of human rights and the jurisdiction of the ECJ means that the fascist tory government running the UK will now be free to be as draconian as they like with nobody and no body able to intervene.  

Since you believe that a superstate will free you from the state you are clinically insane. Find a therapist.

Now now, ad homonym attacks and well poisonings do not move us forward, though I also find the view irrational.

I think she is confused, not evil, people evolve slowly.

[Meuh6879]

people evolve slowly.

Pyramid ages.
Logical.

[K~Ehleyr]

Come on then, all of you who are so quick to condemn me for my opinions, please explain why Brexit is a good thing or how politicians manipulating voters with lies is a shining example of democracy in action?  Do any of you really understand what has happened here?  Oh who gives a fuck.  Think what you want of me.   I only mentioned it in passing in the first place and somehow got jumped on.  Brits have been arguing this topic the length of the country for the past 18 months, there's no way I'm going to find an intelligent opposition on a Bitcoin forum.

[JayJuanGee]

[...]
I systematically sell about 1% of my holdings for every 10% rise in price, and I buy back in similar amounts.

I have been employing my system since about $250 all the way up to current prices $3450 [...]

You should for all newbies make a disclaimer that your 'system' requires you to have your bitcoins at a third party exchange. And as you know by personal experience (Bitfinex, BTC-e) it is very likely you eventually lose those bitcoins 'stored' on an exchange (hacked, human error, government seizure, inside job, etc etc). Not even mentioning the Bitcoin Cash you have not received by not owning the bitcoin private keys.

I am not sure why you are wanting to create some additional requirements upon me based on your own thoughts about the topic?  You seem to be talking about post style and discretion in posting rather than material and relevant substance, no?

In the past, you and I have also had some differences of opinion regarding what I am doing in terms of whether I am gambling or if I have a systematic strategy, and you seem to have some difficulties differentiating between what I am doing and gambling... so I have to take any of your recommendations with a grain of salt.... furthermore, it seems that  in the end, you want my walls of text to be even longer and more incomprehensible?  hahahha      

I doubt that I need to issue any disclaimer, and you seem to want to suggest that I have some kind of responsibility to issue investment advice in the arena of personal details, applicabilities, risks, timeline, financials, blah, blah, blah, for supposed newbies who might follow some variation of what they perceive to be my strategy. 

As much as you want to characterize, I am not issuing investment advice, and anyone on the internet needs to come to their own conclusions based on their own parameters rather than relying on what someone says in the interwebs, even though I am talking about what I do, and attempting to share information and to brainstorm regarding my ongoing relationship with BTC, and related topics..  .

In terms of the substance of your point, you are correct about the existence of third-party exchange risk, and some other associated risks that go with engaging in a practice of trading, including moving money around and also the fact that it can be very time-consuming to employ some of these trading (and investment protection) strategies... so yes there is some opportunity costs as well. 

My previous response post was not discussing every single aspect of trading, the positives and the minuses, and was not meant to be any kind of comprehensive rendition in any kind of way, so there are going to be varying priorities and a lot of other individual variations that were not within the scope of my earlier off-the-cuff response.

[600watt]

Only if you think the individual can have any impact at all.  In reality, the disassociation from the EU and in particular the cessation of the bill of human rights and the jurisdiction of the ECJ means that the fascist tory government running the UK will now be free to be as draconian as they like with nobody and no body able to intervene.  

Since you believe that a superstate will free you from the state you are clinically insane. Find a therapist.

Now now, ad homonym attacks and well poisonings do not move us forward, though I also find the view irrational.

I think she is confused, not evil, people evolve slowly.

please read what you wrote and think about it. 

[Last of the V8s]

Come on then, all of you who are so quick to condemn me for my opinions, please explain why Brexit is a good thing or how politicians manipulating voters with lies is a shining example of democracy in action?  Do any of you really understand what has happened here?  Oh who gives a fuck.  Think what you want of me.   I only mentioned it in passing in the first place and somehow got jumped on.  Brits have been arguing this topic the length of the country for the past 18 months, there's no way I'm going to find an intelligent opposition on a Bitcoin forum.

for me it's not personal with you or the other guy.
my point is the Brexit/remain debate is a total sideshow constructed by current political elites, completely irrelevant to the future of the British Isles, which absolutely belongs not to them but to us here present.

[JayJuanGee]

Anyone else still having active lendings from end of July at the crazy rates those days?

I only left there a fraction of a BTC that I wouldn't care to withdraw so I decided to lend it. 11 days later I have had a ROI of more than 20% (2% daily). The lend is for 60 days, but the borrower could cancel any time.

Why would someone do that? If he keeps the lend until the end of the period I will make 120% on it. What is that, someone marging shorting BTC until he gets liquidated? (if not for the price increase for the huge lending interest).

Unfortunately it was a very small amount but... still... Anyone still having some active lends at crazy rates for a significant amount of BTC?

I am on Bitfinex, so the rates did not go as high as Poloniex, and the longest term is 30 days, rather than 60; however, I still do have some loans that are outstanding and in the .75% per day territory.  Actually any rate above .1% per day is actually about 2-3x higher than the usual rate... maybe usually the rate is around .03% to .05%.. So on my highest loans I am still getting around 12-18x the usual rate.... and you seem to be getting nearly triple what I am getting on some of your highest rate loans.

Personally, I am thinking that the borrower might not be sophisticated enough to realize (or too lazy regarding figuring out how to float his money properly) that s/he can cancel and get a new loan.. But the gambling likely but the borrower into a position that s/he does not have any kind of meaningful float to get out of the situation.  that is my tentative thinking.. seems weird, but I cannot think of any other reasonable explanation. 

I mean think about if in late July, some borrower really believed that the odds were pretty high that the BTC price would be going down from the $2600 to $2800 price territory, and then they borrow the money, they have that money locked into a short margin position.  They figured that even going down to $2400 was a reasonable expectation.

However, the BTC price went up rather than down, and their short position is close to being called.  So not only are they borrowing at 1% per day, their total position is in the red and they are just hoping that the BTC price will go down in order that they can recover their daily percentage and the amount for which the price had moved against them. 

Could be that they are about ready to lose the totality of their shit, no? 

Seems likely that they entered into the short position in the $2600 to $2800 territory, and they were betting on $2400 or lower, but now in order to recover their daily percentage, they need even lower prices, and almost no matter what they do is going to end up in a loss, because currently, the odds seem quite against them to get anywhere near $2400 and they might even be hoping to cut losses at $3k, but even that is seeming quite unlikely, but they are hoping and hoping and don't want to lock into a loss to close their position and borrow at lower rates. 

I don't really understand because I don't believe in margin trading for my own practice.. even though I don't mind making some extra interest off of the poor situation of gamblers.

[Last of the V8s]

US households owe more than China GDP

[jojo69]

Come on then, all of you who are so quick to condemn me for my opinions, please explain why Brexit is a good thing

If it unemployes some bureaucratic parasites in Brussels that's good enough for me.

The EU is a failed institution, they would be well advised to start winding it down before the guillotines come out.

[jbreher]

That also sends a signal to the market that the "upgrade" is unanimously consensutated, even if it is done in a forcible way.

So is it logic that you don't understand, or is it English that you don't understand?

[podyx]

Does anybody know if there is any place to bet bitcoin on Mayweather vs McGregor fight?