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Question: Jan. 31 Closing Price:
<$3,000 - 16 (16.2%)
$3,000-$3,200 - 2 (2%)
$3,200-$3,400 - 9 (9.1%)
$3,400-$3,600 - 12 (12.1%)
$3,600-$3,800 - 9 (9.1%)
$3,800-$4,000 - 7 (7.1%)
$4,000-$4,200 - 13 (13.1%)
$4,200-$4,400 - 5 (5.1%)
$4,400-$4,600 - 1 (1%)
$4,600-$4,800 - 4 (4%)
$4,800-$5,000 - 2 (2%)
>$5,000 - 19 (19.2%)
Total Voters: 99

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20984862 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. (4 posts by 2 users deleted.)
eddie13
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BTC or BUST


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September 14, 2018, 03:02:56 AM


That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..
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bones261
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September 14, 2018, 03:17:17 AM


That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..

No the 5 million number is the amount of USD spent. So at 100x leverage the person lost over 50k worth, so about 8 BTC lost.
eddie13
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BTC or BUST


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September 14, 2018, 03:23:15 AM


That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..

No the 5 million number is the amount of USD lost. So at 100x leverage the person lost over 50k worth, so about 8 BTC lost.

I know they are vol pumped with leverage but yeah that brings it back to reality..

The way they say it, sounds like # of coins @ price ..
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 14, 2018, 03:32:18 AM
Merited by LFC_Bitcoin (1)

Is it too obvious to think that everybody who still has BCH is going to dump it & convert to bitcoin which will pump the price of bitcoin?

Or is that stupid because there is likely to be a massive shortage of people wanting to buy BCH? Even the exchanges might de-list it?

i dumped the bulk of my bcash_lol very early on, kept maybe 20% for a while which i have sold off here and there since. i still have a bit left that ive played with trying to capitalize on its occasion PnD . i image many or most in this thread did similar.

most bcash_lol folks seem to be too brainwashed to understand why its not a solution to scaling, i have a feeling many will just ride it into the ground. of course im sure the bcash_lol guys think the same of us Smiley

so yeah i guess the question remains: will those who do bail on bcash_lol dump it for btc?  a random shitcoin? or exit crypto entirely for fiat/pm/whatever?

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Nutjob, Peter_R was recommending something similar, until we have not seen as much of Peter_R after some of his spats with faketoshi, but PeterR likely remains a bcash nutter, no?  He can tell us what he is going to do or recommend, anyhow, no?
jbreher
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lose: unfind ... loose: untight


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September 14, 2018, 04:08:43 AM

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.
Hueristic
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Doomed to see the future and unable to prevent it


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September 14, 2018, 04:13:22 AM

Down we go.



Well that sucks donkey dicks.


bones261
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September 14, 2018, 04:28:54 AM


That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..

No the 5 million number is the amount of USD lost. So at 100x leverage the person lost over 50k worth, so about 8 BTC lost.

I know they are vol pumped with leverage but yeah that brings it back to reality..

The way they say it, sounds like # of coins @ price ..

Yes, I'm still confused by it.  Huh Cheesy However, I'm pretty confident that people are not regularly risking 5 digits worth of BTC on that nonsense. I am not even sure that Bitmex will even let someone put that much at risk. Unlike OKEX, who let someone risk so much on a long, that when it was liquidated, all the shorts had to take a cut in their profits.
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Not investment advice I am degenerate bull hatter


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September 14, 2018, 04:59:13 AM

Risk limit on Bitmex for a single BTC/USD trade is 200 BTC.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 14, 2018, 05:05:26 AM

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.


hahahahahaha

I guess that you largely answered the question, because there were some of us peeps who were wondering what bcashers were going to do in order to off-load their bcash in what we had considered likely dire bcash times, and apparently, you are going to continue to HODL your bcash, and maybe even if you view them so positively, then you are employing ladder ACCUMLATL strategies, too... which I, personally, would conclude to be a bad gamble.. but hey, perhaps bcashers have another pump up their sleeves, even though such bcash pumpening is seeming doubtful and long term seems even more doubtful...

And, you did correct me with my rememberance that you had around 50/50 in terms of units, yet your claim of having more bcash is not outside of what bcash bags a possible bcash true believer might have..

If you are NOT making shit up, in terms of your own purported positive views of Bcash, then perhaps, you would be be employing a similar laddering strategy as you do with bitcoin, and that just comes off as quasi-delusional... but the world would be boring if all WO observer participants thought the same, it seems.
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September 14, 2018, 05:38:32 AM
Merited by JimboToronto (1)

We should hope that BCH has a long life. The big blockers need their own chain that they can squabble about block size and other things. Let them have their hash wars on their own chain(s).
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September 14, 2018, 06:58:15 AM

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.
Really I wouldn't expect that from you. Bcash was so obviously being propped up by Bitmain, Roger and Craig that I expected nothing to come from it once Bitmain stopped their losses.
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yeah,well you know that's just like your opinion


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September 14, 2018, 07:06:19 AM
Merited by vroom (1)

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.

very bright sell some BTC and buy the BCH dip

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September 14, 2018, 09:27:50 AM

Found an interesting article here: https://techcrunch.com/2018/09/13/its-the-end-of-crypto-as-we-know-it-and-i-feel-fine/

Quote
Crypto is falling because the people in it for the short term are leaving. Long term players – the Amazons of the space – have yet to be identified. Ultimately we are going to face a compression in the ICO and, for a while, it’s going to be a lot harder to build an ICO. But give it a few years – once the various financial authorities get around to reading the Satoshi white paper – and you’ll see a sea change. Coverage will change. Services will change. And the way you raise money will change.

I feel the same for most of the author's points. We who are here for the long term shouldn't care for the prices. I've bought some coins and I was planning to cash on some of them on 2019 to buy an ultra wide QHD+ Gsync HDR monitor using BTC instead of dropping 2000$. Bought some XRP as a saving account, planning to save them "forever" in my hardware wallet in case I ever need money for a special need. Bought some ARK which is a delegated proof of stake coin in order to build a slow passive income for the future.

So what if the prices spiked on 2017 and then fell on 2018? If I had 1BTC on 2017, I still have 1BTC on 2018. I'm hoping for a broader integration of cryptocoin payments from shops so as to not have to turn my coins into fiat and instead use them for purchases... so 1BTC will always be 1BTC for me! Grin
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September 14, 2018, 09:56:54 AM

Hi;

This market is really pitiful. Even the unconfirmed Morgan Stanley's whisper that will open BTC swap transactions will cause the market to accelerate upwards. Than what? If someone says the opposite? Welcome to 6K below.

Kind regards
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yes


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September 14, 2018, 10:08:00 AM
Merited by micgoossens (1)

You’re just describing the workings of a market. And the market - at least my screen - tells us that going below $6k is not really happening. The current short and mid term wave is pointing upwards again. Even although I feel lik we need a good spike down below $6,000 to move on.

My opinions don’t matter
The market is always right

The trend is your friend.

So I bend.
micgoossens
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yeah,well you know that's just like your opinion


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September 14, 2018, 10:18:20 AM

You’re just describing the workings of a market. And the market - at least my screen - tells us that going below $6k is not really happening. The current short and mid term wave is pointing upwards again. Even although I feel lik we need a good spike down below $6,000 to move on.

My opinions don’t matter
The market is always right

The trend is your friend.

So I bend.

ok then??



that would be something not
micgoossens
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yeah,well you know that's just like your opinion


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September 14, 2018, 10:36:36 AM
Merited by bones261 (2)



AND STILL HAVING FUN Grin
micgoossens
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yeah,well you know that's just like your opinion


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September 14, 2018, 10:45:43 AM
Merited by bones261 (2), JimboToronto (1), Dunkelheit667 (1)

The sad status of our society

micgoossens
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yeah,well you know that's just like your opinion


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September 14, 2018, 11:23:11 AM



just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so  Roll Eyes
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September 14, 2018, 12:11:23 PM



just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so  Roll Eyes


Let them be...
We need them to invest when btc spikes, and they think they can still jump the boat... Smiley
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