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

[Last of the V8s]

Maybe I should be buying options instead to hedge the short but I haven't gotten my head around how to properly price that scenario.  

I haven't thought about options yet, either. Options where? Binance?

no binance is where you go to lose money on shitcoins
deribit is the place if you want to lose money on options
but deribit is getting love and liquidity; dyor ymmv byob etc
https://www.youtube.com/channel/UC1P_1oxI07oWp1u_UuRuQBA
https://medium.com/@ThinkingUSD/deribit-bitcoin-options-and-volatility-b370ba276761
https://medium.com/@NeoButane/a-short-guide-to-deribit-bitcoin-options-80bac43d8d03

but i keep saying you would all (most of you ok) make much more using simplefx, trading cfd's (there are other platforms)
if even i can get my head round that you bipedal poets can too

[qwizzie]

Bitstamp and Bitfinex prices getting closer to each other :

Bitstamp : $4322
Bitfinex / Tether : $4385

Healthy sign.

[HairyMaclairy]

$4327

There's nothing like the smell of rekt shorts in the morning.

Sorry Hairy....

As mentioned earlier I am now fully hedged (actually 2x hedged but disregard that) and net long.

I fucking love rekt shorts.    

Also I’m not rekt until $7.5k so bring it mothefuckrrs.

Disclaimer:  I may have been drinking so my spelling may be off.

Edit:  I may need to host a Hairy is rekt party if we hit $7,5k before we hit $3,9k.

[bitserve]

Bitstamp and Bitfinex prices getting closer to each other :

Bitstamp : $4322
Bitfinex / Tether : $4385

That's probably because of this: https://www.bitfinex.com/posts/319

[qwizzie]

Bitstamp and Bitfinex prices getting closer to each other :

Bitstamp : $4322
Bitfinex / Tether : $4385

That's probably because of this: https://www.bitfinex.com/posts/319

Make sense, thanks.

[bitserve]

Have we found 2018 bottom?

We might need a big fat ugly ass not one we all enjoy.

If $3474 WAS the bottom, then that one is perfectly fine

If we have a lower one before 2018 ends... then yes, it will be a big fat ugly ass.

[El duderino_]

I haven't been active here much, but I'm still alive. I will try to at least delete the worst shitposting. Reporting particular posts to me via PM is helpful.

We had a long holiday weekend here in the states, and then my wife delivered our first baby right after. Shit's been crazy - attending to work, baby, wife, and sleeping when I get "free time".

[Last of the V8s]

Damn, I was the baby of the WO thread for a good long while and now I've been usurped. Pushed aside like discarded rotting fruit by some nameless fictional character invented by our increasingly lazy and ineffectual moderator.
Shall now proceed to have temper tantrums for 2 years solid.



Akshooly fuck all that, hearty congrats infofront on the new baby

[d_eddie]

Maybe I should be buying options instead to hedge the short but I haven't gotten my head around how to properly price that scenario.  

I haven't thought about options yet, either. Options where? Binance?

no binance is where you go to lose money on shitcoins
deribit is the place if you want to lose money on options
but deribit is getting love and liquidity; dyor ymmv byob etc
https://www.youtube.com/channel/UC1P_1oxI07oWp1u_UuRuQBA
https://medium.com/@ThinkingUSD/deribit-bitcoin-options-and-volatility-b370ba276761
https://medium.com/@NeoButane/a-short-guide-to-deribit-bitcoin-options-80bac43d8d03

but i keep saying you would all (most of you ok) make much more using simplefx, trading cfd's (there are other platforms)
if even i can get my head round that you bipedal poets can too

Agreed, options are hairy beasts at least for me. I need to study before even considering getting my big toes wet. Thanks for sharing the info! You seem to be informed about just anything.

[El duderino_]

$4327

There's nothing like the smell of rekt shorts in the morning.

Sorry Hairy....

As mentioned earlier I am now fully hedged (actually 2x hedged but disregard that) and net long.

I fucking love rekt shorts.   

Also I’m not rekt until $7.5k so bring it mothefuckrrs.

Disclaimer:  I may have been drinking so my spelling may be off.

Edit:  I may need to host a Hairy is rekt party if we hit $7,5k before we hit $3,9k.

LOL
and drinking on what man, i'm waiting for saturday to have my booze of the week

https://twitter.com/LilUziVertcoin/status/1067994910731706369
watch out hairy, some of those are showing up.....

[goldkingcoiner]

https://www.coindesk.com/google-searches-for-bitcoin-just-hit-their-highest-level-since-april

[Raja_MBZ]

#RoachesWontUnderstand #ShiftingTheFuture

[bitserve]

Mind the price, please.

[LFC_Bitcoin]

Have we found 2018 bottom?

We might need a big fat ugly ass not one we all enjoy.

[LFC_Bitcoin]

$4400 Weeee

Notice the absence of gemblitz or whatever his name is, fucking NO COINER!

[El duderino_]

buy buy buy buy buy buy BTC its as easy as that

[dandannn]

There once was a user called dandannn,
Who believed in Bitcoin like a mad man,
He lived in the shadows of the forum,
Wall Observer was the only thread for him,
The other posts helped him cope,
When the price was low and there was little hope,
Until one day he wrote a rhyme,
To thank all the regulars for their time,
Their posts had always taught him a lot,
He continued to hodl to the jackpot!

[El duderino_]

WTF LFC, i just ordered something to eat  

[El duderino_]

$4400 Weeee

Notice the absence of gemblitz or whatever his name is, fucking NO COINER!

he will be back laughing with us when we go from 6-dig to 5-dig

he will be reeeeee-weeeeeee-.........

[bitserve]

There once was a user called dandannn,
Who believed in Bitcoin like a mad man,
He lived in the shadows of the forum,
Wall Observer was the only thread for him,
The other posts helped him cope,
When the price was low and there was little hope,
Until one day he wrote a rhyme,
To thank all the regulars for their time,
Their posts had always taught him a lot,
He continued to hodl to the jackpot!

Welcome to the visible side of the WO!

I wonder how many are there in the shadows for only god knows how long......