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

[HairyMaclairy]

Tera has sworn off Bitcoin for life.

Where did you hear this? I simply said that I'm going to stop trading for a while but I still hold the same amount of bitcoin's I've had since 2013.

Everyone get back into your hibernation holes.  Bad data. Looks like we haven’t capitulated after all.

[criptix]

Wash sale is manipulation of the market because it creates a wrong picture of the market health.

Basically you create an illusion of a healthy market with lots of volume (to dump on noobs and afterwards say goodbye forever).

of course, but which exchange will let it's matching engine be used add infinity for free? as such the wash trader will incur costs... And it gives an idea of what size they dispose...

what stop them to have two legal entity and still "wash" legally?

furthermore I find this discussion particuliarly funny in the context of fiat printed to the friends of the fed...

anyway, thanks for repeating their mantras.

Its quite common and exchanges do that themself, because they profit from it too.

There is basically no way to stop it - you can just make the cost higher for the manipulators.

[Alexander_Z]

I am getting the impression that you are very skeptical about BTC, and perhaps you are correct that bitcoin might be in a long level of flat and downward trends - but your assumption is no where near a given.  This is not 2014/2015, so price dynamics could play out differently.. on the other hand, 2019 is not necessarily a long time to wait for price action, and it is only 9 months away.

There are several different levels (roughly corresponding to timeframes) of my attitude towards bitcoin. I am very skeptical about the short term. Of course, it is just an opinion (nobody can predict bitcoin's price), but I feel the cold breath of another cryptowinter. At the same time, my longer term view is much more optimistic. I thought bitcoin was dead when it fell from more than $30 to $2, then in 2014 I lost interest (mainly due to personal reasons), but now I think there is a high probability (although, obviously, not a certainty) of another exponential rise, especially if second layer solutions (LN, smart contracts) appear. As for the very long term and the idea that bitcoin can fundamentally change the existing economic and financial system, I am sure it will not happen. In this sense, I am not a bitcoin enthusiast.

If you are sensing that you may not want to study into bitcoin or accumulate or anything like that in the coming year, then likely you already have a BTC stash that you feel is sufficient in the event that BTC prices go up from here - and sure it is possible that you have other things going on in your life that you feel deserve more of your attention, as compared with bitcoin.

Other folks may be more inclined, during this particular possible lull period to continue to spend decent resources accumulating bitcoin, in anticipation that a upwards price run is going to take place, even if the upwards price run is not imminent, it will pay off to continue to reasonable make continued accumulation efforts during this period.

If you have a lower price point in which you will buy in such as $5k or $3k or even $1.5k, you may or may not get such opportunity to buy in at that point, but it is good to personally have some outline regarding where you would consider to be good buying opportunities and also to be sufficiently content if the price does not go down to your buy target points.

I always strictly follow another rule, "do not invest more than you can afford to lose". I have some coins I mined long ago (well, in bitcoin world 6-7 years is 'long ago'), so I am not especially worried about short-term fluctuations - in total I would not be at loss even if the price plunges to lower hundreds (yes, I am mostly a HODLer). Buying/investing is another story, and trading is yet another. There were at least two big bull traps this year, and I am not convinced there there will be no more.

In one sense, it would make sense a decent amount of sense if you don't feel very passionate about bitcoin or very strongly about wanting to accumulate bitcoin, then you may well not be very invested in the concept (but only luke warm about it), so in that regard, it would make sense that you would not even feel any kind of inclination to share your knowledge with others because you merely view bitcoin as blasé.... and something that may or may not happen or some thing that may or may not be important.. and that is your viewpoint, which likely differs from guys who actively participate in forums like this one, even during down price periods.  For different folks, there are different strokes.

Forums are different, here I may be much more talkative, although I prefer to read, not to post.

[Rosewater Foundation]

Rosewater tried to jump off a bridge but couldn’t find it.

Canada doesn't want me crushing more normals.

[B1tUnl0ck3r]

trading on a non open sourced engine is positive proof of advance gulliblity...

I know, I know... it's so fucking massive !!!

remove your liquidity from all exchange that don't open source their matching engine code.

not doing so is suicidal... you know it know... !

we have to take down all their dominoes, to let them naked... to reveal their uglyness, their scams, their loots, their beliefs. no mercy, step by step until they beg for mercy... they will. and then stay cold as them, when they saw us... and laugh.
 
which btc exchange has open sourced is matching engine?

you wanna be a trader? and you trade on a black box? what's your iq? i don't think you can make the cut, fiat pumped, insider, or what ever scam you have found, the only results, is dumbing down.

Wash sale is manipulation of the market because it creates a wrong picture of the market health.

Basically you create an illusion of a healthy market with lots of volume (to dump on noobs and afterwards say goodbye forever).

of course, but which exchange will let it's matching engine be used add infinity for free? as such the wash trader will incur costs... And it gives an idea of what size they dispose...

what stop them to have two legal entity and still "wash" legally?

furthermore I find this discussion particuliarly funny in the context of fiat printed to the friends of the fed...

anyway, thanks for repeating their mantras.

Its quite common and exchanges do that themself, because they profit from it too.

There is basically no way to stop it - you can just make the cost higher for the manipulators.

this is exactly what I am saying... or it's the exchange doing it on itself like you says, or it will cost the washer...

anyway good luck washing on https://bisq.network/  (a true real decentralized p2p exchange using escrow)... it's so expensive !

but I think it is almost impossible to wash trade on a modern exchange... when you have quantic predictive algos ready to take trade in sub nano seconds... it's hard to be certain that the wash trade will be cleared with one self... ehehe... who knows what "artficial" lag the matching engine can introduce... because they all say that they self regulate and their code is private...

trading on a non open sourced engine is positive proof of advance gulliblity...

HFT with bots who have synchronized clocks and near zero latency

I dont believe DEX will help against wash trading.

it depend on their pricing , below latency as it can go predicitve , before even you know that you will do it, it knows , ants.

[criptix]

Wash sale is manipulation of the market because it creates a wrong picture of the market health.

Basically you create an illusion of a healthy market with lots of volume (to dump on noobs and afterwards say goodbye forever).

of course, but which exchange will let it's matching engine be used add infinity for free? as such the wash trader will incur costs... And it gives an idea of what size they dispose...

what stop them to have two legal entity and still "wash" legally?

furthermore I find this discussion particuliarly funny in the context of fiat printed to the friends of the fed...

anyway, thanks for repeating their mantras.

Its quite common and exchanges do that themself, because they profit from it too.

There is basically no way to stop it - you can just make the cost higher for the manipulators.

this is exactly what I am saying... or it's the exchange doing it on itself like you says, or it will cost the washer...

anyway good luck washing on https://bisq.network/  (a true real decentralized p2p exchange using escrow)... it's so expensive !

but I think it is almost impossible to wash trade on a modern exchange... when you have quantic predictive algos ready to take trade in sub nano seconds... it's hard to be certain that the wash trade will be cleared with one self... ehehe... who knows what "artficial" lag the matching engine can introduce... because they all say that they self regulate and their code is private...

trading on a non open sourced engine is positive proof of advance gulliblity...

HFT with bots who have synchronized clocks and near zero latency

I dont believe DEX will help against wash trading.

[fabiorem]

Holy shit.   

Mark Karpeles doing AMA in Reddit (ex-CEO of Mt Gox):  https://www.reddit.com/r/Bitcoin/comments/89o16y/im_mark_karpelès_exceo_of_bankrupt_mtgox_ask_me/

Well, that was impressive. I thought the guy was a scumbag of the worse type.

I hope he can go with civil rehabilitation and that wallet of doom can be dispersed back to Mt.Gox users.

[B1tUnl0ck3r]

Holy shit.   

Mark Karpeles doing AMA in Reddit (ex-CEO of Mt Gox):  https://www.reddit.com/r/Bitcoin/comments/89o16y/im_mark_karpelès_exceo_of_bankrupt_mtgox_ask_me/

Well, that was impressive. I thought the guy was a scumbag of the worse type.

I hope he can go with civil rehabilitation and that wallet of doom can be dispersed back to Mt.Gox users.

another roach that didn't open sourced his matching engine...

if you don't own the private key, those cryptos aren't yours...

we need faster open sourced DEX... and ruins all centralized exchange !

[Paashaas]

https://twitter.com/AllexFer/status/981501358095265792

[B1tUnl0ck3r]

Do you think that the fed would raising rates if it was hitlary the protector of the rapists, the destroyers of america, that was president? I guess no...



don't forget... soon, the currency of the enemy will get crushed by the yuan, and then finally once the great purge will be over, the dollar 2.0 can emerge... there it could be threatening for btc... but I do think that americans prefer to see their daughters being raped by fiatfedster pundits... sad, but true. Hans, don't agree... neither ruskies... more honor? dignity? less brainwashing? less weakness? real americans? against the little fakes just good a bombing mud huts in the valley of afg?

[d_eddie]

This is what misery looks like.  Tera has sworn off Bitcoin for life.  Rosewater tried to jump off a bridge but couldn’t find it. JJG only wrote two paragraphs.  Bawb is too drunk to post today. Jimbo can’t find his teeth. Hairy lost a stop to a bull trap because he’s too dumb to put it above the line. Jojo got nostalgic for hockey riots. Elwar visited somewhere dangerous.  The trolls came out.    And a cartoon line is going into a cartoon dungeon.



I rather hope this is capitulation as y’all sure are cranky old men.

Come on, don't be so hard on all of us (and on yourself too)! You lost your stop? I guess you actually mean you only made a small profit rather than a bigger one. Next time remember - if your hedging short doesn't hurt a bit at times, you're probably being too conservative.

As for the others, there are different readings of the situation - uh ok well, maybe not for Rosewater  

Tera has put away so much that she's unwilling to keep going through the emotional stress, at least for a while. JJG has been celebrating on one Piña too many, so he couldn't give a ratt's ass about building a few more walls of text. Bawb is celebrating too, so he took a break. Jimbo is hard as a rock, surviving jungle and dentists before he greets us all one fine morning. Jojo has always been a nice troublemaker guy, so what were you expecting? Elwar has been at it for a while. As for the trolls, it's just that we're bored with this slow bleeding phase - most of us have seen it all already - so we occasionally waste some time and energy feeding them a bit too much - even if the zoo is disseminated with signs warning visitors not to.

Capitulation? Maybe in due time. Not yet, however. All we can say to the Grim Reaper is "not today". Same with capitulation thoughts now.

[rafanadal]

Testing 7700 soon. 

*Testing 6700

[cAPSLOCK]

https://twitter.com/AllexFer/status/981501358095265792

It's hard to feel sorry for him, but for some reason I almost do.  He has serious anger problems.  Also, this is definitely the result of some serious parenting errors.

What an absolute nozzle he is.

[Raja_MBZ]

If that jumps out a bit in the next 10 years, it'll be a double-bottom and by 2050, it'll probably start the recovery, LOL.

[pfrtlpfmpf]

Erm, guys, i don´t get how to get UBTC. Couldn´t a helpfull soul direct me ? Thanks ! I´m always offtopic, i know, but can´t help myself. It´s a jungle here.

[European Central Bank]

Erm, guys, i don´t get how to get UBTC. Couldn´t a helpfull soul direct me ? Thanks ! I´m always offtopic, i know, but can´t help myself.

you're too late. you had to send them some bitcoin from the address you're claiming and hand over your ID and blood and even then they'd probably deny it to you. their 'offer' closed a month ago.

[cAPSLOCK]

https://twitter.com/AllexFer/status/981501358095265792

It's hard to feel sorry for him, but for some reason I almost do.  He has serious anger problems.  Also, this is definitely the result of some serious parenting errors.

What an absolute nozzle he is.

Plus... If he was worried about dying babies I bet he could have saved a village with whatever he spent on that ill fitting slippery looking suit.

[Totscha]

Erm, guys, i don´t get how to get UBTC. Couldn´t a helpfull soul direct me ? Thanks ! I´m always offtopic, i know, but can´t help myself.

Divide one BTC into a million pieces. You have yourself a uBTC. You're welcome

[B1tUnl0ck3r]

. Next time remember - if your hedging short doesn't hurt a bit at times, you're probably being too conservative.

As for the others, there are different readings of the situation - uh ok well, maybe not for Rosewater  

...

Capitulation? Maybe in due time. Not yet, however. All we can say to the Grim Reaper is "not today". Same with capitulation thoughts now.

LoL at the first sentence, to the fire, naked ! where are the ghosts?

anyway... it's so true...

remember your life as value even if you are ruined... there will be another tomorrow if you accept it, that you have been beaten and everything you owned and more isn't yours anymore... yes, let's see how she reacts, there you will have the most valuable information about your beliefs system... don't be puussssies .

Erm, guys, i don´t get how to get UBTC. Couldn´t a helpfull soul direct me ? Thanks ! I´m always offtopic, i know, but can´t help myself.

no idea what it is... sorry.

If that jumps out a bit in the next 10 years, it'll be a double-bottom and by 2050, it'll probably start the recovery, LOL.

wrong, it only depends on how many of those will survive...



remember he wanted to destroy china and rule it for his friends to rape Han girls... no mercy. to the last one, and their descendants, any mercy is weakness, any discussion is a loss of time to the next batch.

[jbreher]

Even you seem to be using GDAX, and that has 0% fees for makers, and you seem to be using that kind of incentive - and what if they raise their fees to 1%, you going to change your behavior and perhaps discuss the situation, no?  

I'd re-evaluate the landscape, sure. And I might change. I might even discuss it. What I wouldn't do is ask a silly question like 'why are they raising their rates?'.

the fact that they made the increase in their trading fees does not mean that they are either correct in their assumptions and/or goals or that their change will achieve their goals (as you seem to imply that whatever the fuck they do, they are smart and they will be successful in reaching their unstated goals..

Not exactly. I'm just saying that they have a better viewpoint on the matter than do either you or I.

.. whatever, this is not exactly about them, when we are talking about ourselves and our decisions about whether to use their services and/or how to change our practices, if we choose to do so.  

While that may have been your implied subtext, that is explicitly NOT what I replied to. What I demonstrably replied to was your 'why would they raise rates?' If you didn't want a possible answer, why did you ask the question?

You would rather talk about how Bcash ...

Hmm. Which of the two of us injected BCH into the conversation? Somewhat telling, that.