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Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (34.6%)
$50K - 106 (65.4%)
Total Voters: 162

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25374584 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. (157 posts by 13 users deleted.)
bones261
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March 23, 2018, 06:12:02 PM

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. Roll Eyes REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  Cry

Please tell me you aren't serious...



Yes I am serious. The sentiment around here has been rather bearish. So I gave it a shot. Now I am a few bitcents poorer.  Cry Unfortunately, since I set my stop losses rather conservatively, the stop losses got filled. Oh well, guess it's back to the step method JJG likes so much.
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bitserve
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March 23, 2018, 06:29:29 PM

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. Roll Eyes REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  Cry

Shorting with stop losses is exactly the opposite of what I do (banking on the volatility). If you are gonna bet on downtrend (the same is applicable to uptrends) don't set a wimpy stop loss and go on with it till the end. Or a least make sure you can cover even if price goes 50% against your bet. Otherwise volatility will kill your position sooner or later.

P.S.: I am referring to what I do with my trading stash which, currently, amounts to only 10% of my long term total holdings.
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March 23, 2018, 06:35:48 PM
Last edit: March 26, 2018, 09:35:00 PM by Karartma1

RECENTLY

Growing you a Legendary V8  Wink
You can't seriously be a Hero down here
You are such a good source for info
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March 23, 2018, 06:36:24 PM
Merited by bones261 (1)


1D: 7/50/200 SMA

Nice. Looks like we're not going under $8000. Never ever.


It's only a trend line until it's not. One of these lines will be broken soon enough. Or even both.

We all know exactly what's going to happen already.  In metals, the ESF tries to paint the tape to crash through the moving averages and trendlines every single time.  In bitcoin it's the exact opposite.  They will try and paint the tape upwards and if the single entity that controls the price on Bitfinex ever since $200 can't get any idiots to chase the pump, they will then drop the bomb on you straight to $6000 or lower.  It's pretty obvious to me from how they try and paint the tape upwards every single time, that (((organizations))) are rigging the bitcoin price upwards with the blessing of (((government))).  

There is no other way possible bitcoin can be artificially painted upwards so often unless the govt allows it since the govt has plenty of resources to prevent that from happening.
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March 23, 2018, 06:38:00 PM

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. Roll Eyes REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  Cry

Shorting with stop losses is exactly the opposite of what I do (banking on the volatility). If you are gonna bet on downtrend (the same is applicable to uptrends) don't set a wimpy stop loss and go on with it till the end. Or a least make sure you can cover even if price goes 50% against your bet. Otherwise volatility will kill your position sooner or later.

I was trying to use this as a hedge. I don't want to risk being liquidated for the full 20% of my holdings on a 5x margin. Oh well, this is not for me. Hulk candles are not going to make this strategy work for me.

Last of the V8s
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March 23, 2018, 06:45:08 PM

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Growing you a Legendary V8  Wink
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whoa thanks man, but i just a shitposter
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March 23, 2018, 06:48:43 PM

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. Roll Eyes REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  Cry

Shorting with stop losses is exactly the opposite of what I do (banking on the volatility). If you are gonna bet on downtrend (the same is applicable to uptrends) don't set a wimpy stop loss and go on with it till the end. Or a least make sure you can cover even if price goes 50% against your bet. Otherwise volatility will kill your position sooner or later.

I was trying to use this as a hedge. I don't want to risk being liquidated for the full 20% of my holdings on a 5x margin. Oh well, this is not for me. Hulk candles are not going to make this strategy work for me.



Dammit I love this GIF it's epic...
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March 23, 2018, 06:55:33 PM

I speculate that JJG imagines themself to be the mostest specialest importantest poster in all of Bitcoindom.

Don't worry, Theresa May is coming for JayJuanGoyim:

http://dailystormer.name/theresa-may-wants-to-take-your-bank-money-away-and-give-it-to-niggers/
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March 23, 2018, 07:37:15 PM
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"Alexa, delete my Facebook".
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March 23, 2018, 07:50:39 PM

Bitcoin massively trying to get up but bears not allowing it to do so. Still, I'd not be surprised if we start seeing Vegeta's 9000 scouter again within the next 24 hours, even though its a week-end.
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March 23, 2018, 07:53:09 PM

Bitcoin massively trying to get up but bears not allowing it to do so. Still, I'd not be surprised if we start seeing Vegeta's 9000 scouter again within the next 24 hours, even though its a week-end.

Vegeta memes prepared and standing by. Awaiting further orders.
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March 23, 2018, 07:55:50 PM

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  
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March 23, 2018, 07:58:10 PM

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  
And the financial downturn during the past two days will not affect this run up?
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March 23, 2018, 07:58:51 PM

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  

It sure rocked my world when I tried to be a bear last night and this morning.

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what is this "brake pedal" you speak of?


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March 23, 2018, 08:00:03 PM
Merited by Last of the V8s (1)

"Alexa, delete my Facebook".

speaking of alexa

anyone see this? siri, alexa and google talking to each other in an infinite loop.

https://www.cnet.com/how-to/make-siri-alexa-and-google-assistant-talk-in-an-infinite-loop/

not THIS is science and logic in action lol.

btw i would NEVER have an always on listening device in my home.. even the smart phones are off unless needed. im sure theres more stuff that can listen though.

need more faraday cages
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March 23, 2018, 08:01:57 PM

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  

It sure rocked my world when I tried to be a bear last night and this morning.



Ouch! Did the bear survive??
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March 23, 2018, 08:05:33 PM

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  
And the financial downturn during the past two days will not affect this run up?

The correlation between financial markets and bitcoin has grown somewhat but it is still very weak.  Badger for the most part does its own thing.  

https://cointelegraph.com/news/so-is-there-a-correlation-between-bitcoin-and-stock-market-yes-but-no
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March 23, 2018, 08:22:59 PM

It’s a bit hard to read on the chart but it looks like a third of the Bitcoin hash rate disappeared in the past 12 hours and is now back.  This coincided with the dip in price.

So looks like a hash rate attack but weakly executed.  Suggests that the strength of the Bcash lol team is really slipping.   


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March 23, 2018, 08:53:52 PM
Merited by Last of the V8s (1)


Breaking 24777$ prediction game      FINAL LIST                                       

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29/12/2018 cAPSLOCK  Sad
30/12/2017 digithusiast Sad
31/12/2017 Raja_MBZ Sad
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05/01/2018 BTCMILLIONAIRE Sad
06/01/2018 HanvanBitcoin Sad                                                      little show off  Grin just to happy with it
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14/01/2018 northypoale Sad
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18/01/2018 last of the v8s Sad
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13/02/2018 Wekkel Sad
14/02/2018 Thekool1s Sad
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24/02/2018 phil_s Sad
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27/02/2018 yonton Sad
28/02/2018 Muttley Sad
01/03/2018 bones261 Sad
02/03/2018 heater Sad
03/03/2018 soullyG Sad
04/03/2018 InvoKing Sad
05/03/2018 Notme Sad
06/03/2018 sa_94 Sad
07/03/2018 NUFCrichard Sad
08/03/2018 Imbatman Sad
09/03/2018 Roombot Sad
10/03/2018 STT Sad
11/03/2018 badream Sad
13/03/2018 erre Sad
14/03/2018 julian071 Sad
15/03/2018 podyx  Sad
17/03/2018 fragout Sad
18/03/2018 fabiorem Sad
21/03/2018 dakuastaking76 Sad
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

oooow if we would be in a closer range to 24777 price this would be a nice run  for the dates of 23/3 and 31/3   many empty days ...... pitty we aren't there @this time






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March 23, 2018, 09:05:07 PM

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  
confirmed.  should see $9000 again in the next 48 hours . the next 5 years are critical
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