Bitcoin Forum
July 13, 2020, 09:24:19 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Is this the last time Bitcoin will be below $9,000?
Yes - 57 (41%)
No - 54 (38.8%)
I Don't Know - 28 (20.1%)
Total Voters: 139

Pages: « 1 ... 21203 21204 21205 21206 21207 21208 21209 21210 21211 21212 21213 21214 21215 21216 21217 21218 21219 21220 21221 21222 21223 21224 21225 21226 21227 21228 21229 21230 21231 21232 21233 21234 21235 21236 21237 21238 21239 21240 21241 21242 21243 21244 21245 21246 21247 21248 21249 21250 21251 21252 [21253] 21254 21255 21256 21257 21258 21259 21260 21261 21262 21263 21264 21265 21266 21267 21268 21269 21270 21271 21272 21273 21274 21275 21276 21277 21278 21279 21280 21281 21282 21283 21284 21285 21286 21287 21288 21289 21290 21291 21292 21293 21294 21295 21296 21297 21298 21299 21300 21301 21302 21303 ... 27101 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21732483 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. (147 posts by 36 users deleted.)
crypmike
Sr. Member
****
Offline Offline

Activity: 616
Merit: 301



View Profile WWW
September 24, 2018, 08:40:00 AM

Found this on Twitter
Not as simple as it looks alike
Your bets





1k  Grin
2k

Added: +2k in fiat but in BTC you would be -1k because if you had held your would BTC would be worth +3k from initial purchase. Cheesy

So the answer is... -1K in fiat terms relative. Oww my Brain hurts.

I think if he originally had $8k, his profit would be 2k
But if he had only $6k, his profit would be 1k
 
1594632259
Hero Member
*
Offline Offline

Posts: 1594632259

View Profile Personal Message (Offline)

Ignore
1594632259
Reply with quote  #2

1594632259
Report to moderator
1594632259
Hero Member
*
Offline Offline

Posts: 1594632259

View Profile Personal Message (Offline)

Ignore
1594632259
Reply with quote  #2

1594632259
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Majormax
Legendary
*
Offline Offline

Activity: 2380
Merit: 1115


View Profile WWW
September 24, 2018, 08:45:17 AM



I would put odds of perhaps 10% on #2, and 45% on each of #1 and 3.

...

I am not sure whether I should have read ahead before I made my earlier (more pissed off responsive post), and these are very decent points and probability assignments, Majormax... except the I am neither a bull or a bear... comes off as too detached.  

Thanks for the detailed responses !

So we agree on the 10% probabilty (without collusion) !  

It is axiomatic that forecasting price movements is difficult, and its tempting to just give up on the calculations and guess, or say 'nobody knows'.  However, we have to have a stab at it somehow.

We all have our own methods of forecasting. Many posters seem to me to quote some random number for future price, without any indication of how they came up with it. Some post charts, some use a form of (very valid) psycho analysis (JJG being one of the best exponents of that !) delving into the biases and the misconceptions of others. Akin to the Contrarian approach, which has a good track record.

I have had a career and made a living in trading. My stance is this :

Every future price outcome has a probability of some sort.... maybe some sort of bell curve. The regularity of a simple bell curve denies all forecasts. Without a real edge, large numbers of trades can only break-even ,  the market-makers/brokers spread becomes the aggregate loss. It becomes simply a market-makers tool for , say, derivatives pricing.

 If you can break the curve down into groups/blocks, and analyze each one individually from some other, different perspective, you may be able to diminish or enhance the likelihood of one part, which then gives a meaningful edge of sorts.

Globb0
Legendary
*
Online Online

Activity: 2296
Merit: 1846


Aint nobody got time for that


View Profile
September 24, 2018, 08:50:06 AM

Found this on Twitter
Not as simple as it looks alike
Your bets





1k  Grin
2k

Added: +2k in fiat but in BTC you would be -1k because if you had held your would BTC would be worth +3k from initial purchase. Cheesy

So the answer is... -1K in fiat terms relative. Oww my Brain hurts.

I think if he originally had $8k, his profit would be 2k
But if he had only $6k, his profit would be 1k
 

Or does it say you brought 1$ BTC @    etc.

bitserve
Legendary
*
Offline Offline

Activity: 1232
Merit: 1165


Self made HODLER ✓


View Profile
September 24, 2018, 09:10:04 AM

FFS guys, do you even trade?

The guy executes two full trades (buy+sell) winning $1000 on each one, so $2K total. What is confusing about this? Why the need to overthink it?
vroom
Sr. Member
****
Offline Offline

Activity: 919
Merit: 342


a Cray can run an endless loop in under 4 hours


View Profile
September 24, 2018, 09:16:19 AM
Last edit: September 24, 2018, 09:35:24 AM by vroom

Found this on Twitter
Not as simple as it looks alike
Your bets





(1/6000*7000)+(1/8000*9000) = $2.29166666667    

edit: this 1 $BTC is misleading.

buy 0.00016666666 bitcoin for $1 at $6000
sell 0.00016666666 bitcoin for $1.16666662 at $7000
buy 0.000125 bitcoin for $1 at $8000
sell 0.000125 bitcoin for 1.125 at $9000

sum: 1.125 + 1.16666662 = 2.29166666667
profit: 2.29166666667 - 2 = 0.29166662

edit2: still wrong I think. here is another try:

buy 0.00016666666 bitcoin for $1 at $6000
sell 0.00014285714 bitcoin for $1 at $7000
buy 0.000125 bitcoin for $1 at $8000
sell 0.00011111111 bitcoin for $1 at $9000

$0 and 0.00003769841 BTC is my final answer. I give up too Smiley
El duderino_
Legendary
*
Offline Offline

Activity: 1106
Merit: 3866


#STAYinsideSTAYdrunk *the dude*


View Profile
September 24, 2018, 09:16:20 AM
Merited by cAPSLOCK (1)

Bitmain and Bitfury are most likely to deploy many of their new ASICs on their own farms, and I believe their cost to produce is way less than the price they give to the public. I suspect that most large mining farms in China will be able to recoup their equipment cost in a few months, if that long.

Hmmm. And here I thought that the WO consensus was that Bitmain was circling the drain, and were destined to kill BCH in the process. Guess that must have been a premature call.

BCH is a dead zombie coin, only you haven't realized it yet.  Roll Eyes

bitserve
Legendary
*
Offline Offline

Activity: 1232
Merit: 1165


Self made HODLER ✓


View Profile
September 24, 2018, 09:17:46 AM

Found this on Twitter
Not as simple as it looks alike
Your bets





(1/6000*7000)+(1/8000*9000) = $2.29166666667


I give up  Cry
bitserve
Legendary
*
Offline Offline

Activity: 1232
Merit: 1165


Self made HODLER ✓


View Profile
September 24, 2018, 09:23:31 AM

Found this on Twitter
Not as simple as it looks alike
Your bets





this 1 $BTC is misleading.

(1/6000*7000)+(1/8000*9000) = $2.29166666667


It doesn't matter if $BTC is a typo, he means 1 BTC, or he means 1 BCASH, or 1 ASS.... he:

1- Buy 1 of whatever for $6000, and afterwards sells it for $7000. Profit = $1000
2- Buy 1 of whatever for $8000, and afterwards sells it for $9000. Profit = $1000

Total money made: $2K.... Or, just in case the "," is eur notation: $2,000

Oh, fuck, I said I gave up, I can't even stand by my word now Sad
Syke
Legendary
*
Offline Offline

Activity: 3346
Merit: 1049


View Profile
September 24, 2018, 09:24:20 AM

this 1 $BTC is misleading.

Correct. There is no such thing as "1 $BTC", so the question is ambiguous and there is no "right" answer.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1204
Merit: 1956


Degenerate bull hatter & Bitcoin monotheist


View Profile
September 24, 2018, 09:27:55 AM


untitled 6 lyrics
El duderino_
Legendary
*
Offline Offline

Activity: 1106
Merit: 3866


#STAYinsideSTAYdrunk *the dude*


View Profile
September 24, 2018, 09:33:20 AM

Still, this rally isn’t broken yet.

The failure to break past $6610 on that break downwards indicates to me that the bulls are in control.  

I am changing my position and flipping to short term bullish.

looking forward for your middle and long term bullish charts Grin

HairyMaclairy
Legendary
*
Offline Offline

Activity: 1204
Merit: 1956


Degenerate bull hatter & Bitcoin monotheist


View Profile
September 24, 2018, 09:37:35 AM

Still, this rally isn’t broken yet.

The failure to break past $6610 on that break downwards indicates to me that the bulls are in control.  

I am changing my position and flipping to short term bullish.

I got stopped out about 3 minutes after posting this.  Bitcoin is one hell of a ride !
El duderino_
Legendary
*
Offline Offline

Activity: 1106
Merit: 3866


#STAYinsideSTAYdrunk *the dude*


View Profile
September 24, 2018, 09:43:10 AM
Merited by JayJuanGee (1)

I'm actually terrified at this moment.

Up is down.

Bottom is left.

Right is blue.

XRP is number two.

 Huh Huh Huh

As long as nr 1 stays nr 1  Grin more we don’t need

Actually Mic, who gives a ratt's ass, except some folks who are getting mislead by the significance of coin market cap when they have such a shit coin, such as XRP posted up there on CMC?  

Furthermore, it seems to me that there were times in which XRP would have already surpassed bitcoin on a number of occassions, especially if they accounted for its total supply - which also demonstrates their fake restriction of the supply, too.

Perhaps XRP going to number 1 on CMC would be a good thing in order to show more intelligent folks how stupid the XRP manipulated scam bullshit and lack of use case coin (beyond pump and dump ponzi) is being shown on CMC.
Yes, marketcap is a very bad metric to rank cryptocurrencies and also cmc is too popular with newbies. XRP wont make it to #1 ever and if it does i dont think people will abandon it but rather celebrate the new standard   Sad  Roll Eyes

Never say never about the manipulated bullshit when it comes to the fact that XRP is even on coinmarket cap and there are many pro ripple advocating folks who already concede that XRP is not a blockchain, so what the fuck is it doing on coinmarket cap in the first place?  I would not be surprised by some pumping shenanigans that could bring XRP's market cap above bitcoin... furthermore, there is real shenanigans as well with circulating XRP supply at 40 billion, but total actual supply of XRP is 100 billion.  

Is there something stopping the sales of some of those extra and hidden 60 billion XRP - which could well mean that those other behind the scene XRP should be considered as part of its valuation (showing further that XRP is way overvalued with restricted supply that causes it to be able to pump more easily)?  Actually, no one really knows why XRP was pumped this last time around, but they are certainly doing a lot of marketing and they get a lot of regular press that seems to deceive peeps into thinking that this next thing called XRP (have you heard of it) is the next thing to sliced bread.
I dont think XRP can pump to those levels without crypto and inevitably btc rallying too. Also, those 60b XRP you are talking about, they can only sell a certain amount each month (ripple labs) but yes, terrible situation with such large part of the supply owned by a single actor. In my beginning days i fatfingered into a ripple market buy with my whole exchange account.. it was 1.6m xrp lol and i corrected my mistake by selling back (note this is 2016). But i dont like the coin and think it would be better if it didnt exist.
El duderino_
Legendary
*
Offline Offline

Activity: 1106
Merit: 3866


#STAYinsideSTAYdrunk *the dude*


View Profile
September 24, 2018, 10:20:55 AM
Merited by Globb0 (2), crypmike (1)



Deeyoh
Member
**
Offline Offline

Activity: 258
Merit: 14


View Profile
September 24, 2018, 10:23:55 AM

10,000 LTC buy in Binance.  That's the biggest I've seen on binance.  Looks like a push up for the normal Sunday night/ Monday morning dump.


Yep, called it and sold all out my trade stash.  I only do spot.. so now wait time for the bottom.   This is the hard part. I almost always go back in to early.  
El duderino_
Legendary
*
Offline Offline

Activity: 1106
Merit: 3866


#STAYinsideSTAYdrunk *the dude*


View Profile
September 24, 2018, 10:31:01 AM

via Imgflip Meme Generator

1 small pump of XRP and all the enthousiast where there HAHA     
El duderino_
Legendary
*
Offline Offline

Activity: 1106
Merit: 3866


#STAYinsideSTAYdrunk *the dude*


View Profile
September 24, 2018, 10:54:59 AM

member when we used to observe walls?
i memeber

All this sideways action, for so long, is making some of us go all bonkers 'n sheeit.

Know what I mean ?

Feeling despair and malaise for so long is starting to take it's toll.

Will this suffice, until morale improves ?





wall watching improved  Cheesy
StartupAnalyst
Sr. Member
****
Offline Offline

Activity: 574
Merit: 283


The 🧢 WO gang power, help the price of BTC


View Profile
September 24, 2018, 11:45:59 AM

HairyMaclairy
Legendary
*
Offline Offline

Activity: 1204
Merit: 1956


Degenerate bull hatter & Bitcoin monotheist


View Profile
September 24, 2018, 12:08:08 PM

vroom
Sr. Member
****
Offline Offline

Activity: 919
Merit: 342


a Cray can run an endless loop in under 4 hours


View Profile
September 24, 2018, 12:44:02 PM



the honey badger raccoon is ready to roll
Pages: « 1 ... 21203 21204 21205 21206 21207 21208 21209 21210 21211 21212 21213 21214 21215 21216 21217 21218 21219 21220 21221 21222 21223 21224 21225 21226 21227 21228 21229 21230 21231 21232 21233 21234 21235 21236 21237 21238 21239 21240 21241 21242 21243 21244 21245 21246 21247 21248 21249 21250 21251 21252 [21253] 21254 21255 21256 21257 21258 21259 21260 21261 21262 21263 21264 21265 21266 21267 21268 21269 21270 21271 21272 21273 21274 21275 21276 21277 21278 21279 21280 21281 21282 21283 21284 21285 21286 21287 21288 21289 21290 21291 21292 21293 21294 21295 21296 21297 21298 21299 21300 21301 21302 21303 ... 27101 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!