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

[BtcMan2009]

https://www.businessinsider.com.au/bitcoin-futures-markets-unusual-behaviour-2018-2
Goldman Sachs has spotted an odd way you could make money trading Bitcoin futures
“With no large institutions operating across exchanges, there is likely an insufficient scale of arbitrage to drive spreads out of the market.”

Goldman are beginning to get on my tits.

Regulators are not enough for our market. They will break teeth before what that is made. 

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[bitserve]

Bitstamp does have chained orders. You should play a bit with it as it could automate a bit more your trading. I don't use bots either, that would be too much automation for me and my smallish trading. This is just for setting an equal higher limit sell order right after the buy order has been filled... and viceversa. But it only does it one time, after the second order is executed (what I denominate a "combo" in lack of a better term) you would need to manually insert a new one (or if you are "live" substitute the standing second order for a chained one).

In bitstamp you just have to go put a limit order as you usually do and then you have a small link that says "advanced" and when clicked you can set at which price the contrarian order will be put AFTER the first one gets filled.

For me it is a VERY useful feature. YMMV.

Yep, I use it a lot, saves me watching all night to see if an order has been filled, before putting in the corresponding order.

Been a boon with this 'ball bouncing down stairs' action.   Helped me to scoop up small wins, which I have then used to hoover up more coin on the way down.   Overall stash is down in value of course - but for getting more coin in a downtrend, it's been useful.  I just wish you could set the corresponding buy or sell for a different amount of coin (as well as price).

Yeah, the good thing about this type of trading is that you don't really need to know the direction of the price, just play the very short term volatility.

What would be even greater than being able to change the amount would be being able to do longer chains of conditional orders. The perfect tool for the scalper... but I guess that's what bots are for.

[kurious]

https://www.businessinsider.com.au/bitcoin-futures-markets-unusual-behaviour-2018-2
Goldman Sachs has spotted an odd way you could make money trading Bitcoin futures
“With no large institutions operating across exchanges, there is likely an insufficient scale of arbitrage to drive spreads out of the market.”

Goldman are beginning to get on my tits.

Sure, these are hardly nice guys.  But... My 2 Satoshis...

So they arb a gap between long and short-term futures?  It makes them money (short term), but the futures are cash settled, so no BTC are really involved.   They wouldn't be open on this if they really thought it was a 'big play' they would just do it.   

It doesn't mean they're affecting the market or price - and the futures market still really isn't large enough to affect the price massively around the world. Since volumes do not allow spreading risk for market raids by playing the market via futures at the same time as manipulating it.  This of course comes with the caveat: 'yet'.

Also they can't put their client money into the market just like that, it's too risky and probably off-limits for many, many reasons (regulatory and otherwise). 

Eventually futures markets could end up being the tail wagging the dog.  It will come, but so far, it's not the case.

[hv_]

https://twitter.com/theonevortex/status/961684184862400512

The Bcash Infowars phone in didn't go too good according to this.

Huaa.  Dont name Voldemort as Voldemort. Nooo. Could do moar harm...

It is still an issue that drives small blockers into the red?

Cmon but why look out of a box here

 

[Sitarow]

I don't trade in BCH/BCC nor BTG.

However does anyone have a chart for the past two weeks of activity with them and volume?

Also between BCH/ETH, BCH/LTC, BCH/Dash, and BCH/Zec Pairs?

Would be interesting to see if those coins are taking a beating BTC/ETH BTC/LTC BTC/DASH BTC/ZEC because of it.

[BtcMan2009]

Recently much articles about rapid growth of the capital in a crypt and so forth appeared, even published the list in Forbes about crypto millionaires it just began to do during this period when Btc sank till today. But whether for involvement of new crypto fans - fresh money it becomes? How to you it?

Besides the Meme Jokes Crypto-Enthusiasts Are Actually Buying Lamborghinis
https://news.bitcoin.com/besides-the-meme-jokes-crypto-enthusiasts-are-actually-buying-lamborghinis/

[Arriemoller]

Btw the topic of this thread is - Bitcoin price movement tracking & discussion

Bite me.

[Arriemoller]

Racist is a meaningless buzzword, stating facts is now racist, yes jews control the media, and the banks, that's a fact, get over it.
yes blacks on average score much lower on IQ tests and commit a disproportionately high amount violent crimes?  is that ''racist''? don't know, don't care, but it happens to be true.

OMG People of color score lower on Ethnocentric tests. I'm not even going to dignify the rest of your crap.

Get a grip, you're a racist.

P.S.  This thread is about BTC.

*sigh* no. IQ tests are simply pattern recognition. There is nothing cultural about it. That tired old excuse is... tiresome.

And they do commit more crime. About four or five times as much per capita. Again, easy enough to look up for anyone who actually cares.

Socio-economic status is a far more reliable predictor of IQ test performance.  Low SES children consistently underperform

interesting read. https://pumpkinperson.com/2016/02/11/the-incredible-correlation-between-iq-income/

[thewojciech]

Photo of vitalik is the best foto of person ive ever seen
he looks so normal, and nerdy

[Spaceman_Spiff_Original]

Bitstamp does have chained orders. You should play a bit with it as it could automate a bit more your trading. I don't use bots either, that would be too much automation for me and my smallish trading. This is just for setting an equal higher limit sell order right after the buy order has been filled... and viceversa. But it only does it one time, after the second order is executed (what I denominate a "combo" in lack of a better term) you would need to manually insert a new one (or if you are "live" substitute the standing second order for a chained one).

In bitstamp you just have to go put a limit order as you usually do and then you have a small link that says "advanced" and when clicked you can set at which price the contrarian order will be put AFTER the first one gets filled.

For me it is a VERY useful feature. YMMV.

Was not aware of this, thanks !

[rjclarke2000]

As a great man once said....

HOLD ON FOR DEAR LIFE

J Christopher Giancarlo

[pacman7331]

Here, some graph to support my earlier post (sorry I'll talk in €).

So this is how uncertain we are (and yup, that's some sort of symetry we have here since the bullrun).
My prediction is, if we break the 7k€ resistance, we will go pretty much straight to the next ~9k€ resistance zone, maybe in the top of it, or maybe break it and go beyond.
We may stay in this resistance for some time.
If we bounce, from the 7k€ resistance, we may go back go 5k€ and bounce again (unlikely, given the volume we had sub 5k€).

Here you go

Looks like Mexico then Canada.
I'm packing my bags.

[Higher Altitude]

Racist is a meaningless buzzword, stating facts is now racist, yes jews control the media, and the banks, that's a fact, get over it.
yes blacks on average score much lower on IQ tests and commit a disproportionately high amount violent crimes?  is that ''racist''? don't know, don't care, but it happens to be true.

OMG People of color score lower on Ethnocentric tests. I'm not even going to dignify the rest of your crap.

Get a grip, you're a racist.

P.S.  This thread is about BTC.

*sigh* no. IQ tests are simply pattern recognition. There is nothing cultural about it. That tired old excuse is... tiresome.

And they do commit more crime. About four or five times as much per capita. Again, easy enough to look up for anyone who actually cares.

Socio-economic status is a far more reliable predictor of IQ test performance.  Low SES children consistently underperform

interesting read. https://pumpkinperson.com/2016/02/11/the-incredible-correlation-between-iq-income/

That article is massively out of whack. Bill Gates appears twice, the sample is way too small and the hypothesis seems forced.
The average income has much more to do with who you surround yourself with than with your IQ.

And I doubt that most homeless people have such low IQs. But if that actually were the case (globally) then we'd have a strong indicator how to prevent homelessness (education).

Oh yea, and blacks are also racist. How you deal with that?

[Arriemoller]

...chained orders...

I have been experimenting with JJG (and jbreher)s chained order strategy on the BTC/ETH pair.

Perhaps I am being dense...but I am just not getting it.

It goes down, I am buying ETH every 0.001, ok fine, then it goes back up and I am selling ETH at the exact same prices...it looks like a total wash to me.

Did I miss something in the explanation?

I haven't tried it myself, but I thought you were supposed to sell higher than you bought.
If you buy at 30, 25, 20 and 15 on the way down I guess you are supposed to sell the 15 buy when it hits 20 on the way up and the 25 at 30 and so on.

[Last of the V8s]

https://www.reddit.com/r/bitfinex/comments/7vzedq/bitfinex_lending_services_for_us_corporate/
https://www.reddit.com/r/bitfinex/comments/7w6t0a/bitfinex_suddenly_froze_our_corporate_margin/

eating the whales?

[RoomBot]

Personally I don’t think any 3 letter agency would find our little thread that interesting.

I know for a fact that SEC monitors certain threads here, but so far, to collect info to protect consumers.

Well, at least one thread I know of for sure.

[Arriemoller]

BCASH pump&dump beginning!
Ready to make money!

Why do I hate these bcash idiots so much?

Because you are a racist?

[RoomBot]

Racist is a meaningless buzzword, stating facts is now racist, yes jews control the media, and the banks, that's a fact, get over it.
yes blacks on average score much lower on IQ tests and commit a disproportionately high amount violent crimes?  is that ''racist''? don't know, don't care, but it happens to be true.

OMG People of color score lower on Ethnocentric tests. I'm not even going to dignify the rest of your crap.

Get a grip, you're a racist.

P.S.  This thread is about BTC.

*sigh* no. IQ tests are simply pattern recognition. There is nothing cultural about it. That tired old excuse is... tiresome.

And they do commit more crime. About four or five times as much per capita. Again, easy enough to look up for anyone who actually cares.

Socio-economic status is a far more reliable predictor of IQ test performance.  Low SES children consistently underperform

Not where Dr. Maria Montessori has been....

[bitserve]

Bitstamp does have chained orders. You should play a bit with it as it could automate a bit more your trading. I don't use bots either, that would be too much automation for me and my smallish trading. This is just for setting an equal higher limit sell order right after the buy order has been filled... and viceversa. But it only does it one time, after the second order is executed (what I denominate a "combo" in lack of a better term) you would need to manually insert a new one (or if you are "live" substitute the standing second order for a chained one).

In bitstamp you just have to go put a limit order as you usually do and then you have a small link that says "advanced" and when clicked you can set at which price the contrarian order will be put AFTER the first one gets filled.

For me it is a VERY useful feature. YMMV.

Was not aware of this, thanks !

I am a bit surprised not many people here knew about the chained/conditional orders. I took for granted everyone did until I read something JJG wrote that implied doing manually what would be a bit easier done with conditional orders.

Kraken has conditional orders too.

I think Bitstamp added it sometime between late 2013 and middle 2014. Before that, I think it was only possible to do it in BTC-e with some software that interfaced with the API (maybe it was metatrader?) or bots.

I love the smell of filled chained orders in the morning

[mymenace]

Obvious Bcash pump due to Roger shooting himself in the foot.

Pump and dump before the crash

sell while u can