Bitcoin Forum
November 30, 2021, 04:07:13 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.4%)
No - 72 (62.6%)
Total Voters: 115

Pages: « 1 ... 21862 21863 21864 21865 21866 21867 21868 21869 21870 21871 21872 21873 21874 21875 21876 21877 21878 21879 21880 21881 21882 21883 21884 21885 21886 21887 21888 21889 21890 21891 21892 21893 21894 21895 21896 21897 21898 21899 21900 21901 21902 21903 21904 21905 21906 21907 21908 21909 21910 21911 [21912] 21913 21914 21915 21916 21917 21918 21919 21920 21921 21922 21923 21924 21925 21926 21927 21928 21929 21930 21931 21932 21933 21934 21935 21936 21937 21938 21939 21940 21941 21942 21943 21944 21945 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 ... 29918 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25491753 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. (158 posts by 14 users with 9 merit deleted.)
xhomerx10
Legendary
*
Offline Offline

Activity: 2940
Merit: 4345


Go! BTC Go!


View Profile
December 09, 2018, 05:26:56 AM

Just today, my great-aunt asked me how to short Bitcoin!
1638245233
Hero Member
*
Offline Offline

Posts: 1638245233

View Profile Personal Message (Offline)

Ignore
1638245233
Reply with quote  #2

1638245233
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1638245233
Hero Member
*
Offline Offline

Posts: 1638245233

View Profile Personal Message (Offline)

Ignore
1638245233
Reply with quote  #2

1638245233
Report to moderator
1638245233
Hero Member
*
Offline Offline

Posts: 1638245233

View Profile Personal Message (Offline)

Ignore
1638245233
Reply with quote  #2

1638245233
Report to moderator
1638245233
Hero Member
*
Offline Offline

Posts: 1638245233

View Profile Personal Message (Offline)

Ignore
1638245233
Reply with quote  #2

1638245233
Report to moderator
rolling
Hero Member
*****
Offline Offline

Activity: 824
Merit: 712


View Profile
December 09, 2018, 05:36:38 AM

Anyone have a chart comparing 2014 bear market difficulty to present day?

That's a hard chart to make meaningful. Different hardware availability, different hardware profitability, and different scales of mining companies. Too many variables really.

Anecdotally though, as a former miner from back then, I think this crash is a little bit deeper for miners (evidenced by the decreasing hash rate). I was mining back then and I was profitable until the second half of 2015 at which point I was mining at about break even for "electricity only" with $250 BTC. I was losing money on the facility costs and made no money for my time invested.

The operations now days are much larger with much larger fixed costs for facilities, loans and employees. $6000 was probably break even for them with the difficulty of a month ago. Now, difficulty is down ~20% and prices are down ~40%.

Every miner in the world is likely losing money now if they sell mining proceeds daily. Very few miners do that though. As a miner, you are a trader by default. Just like a farmer, you store your crops if you can and wait for the best time to sell. The longer these prices remain, the more miners will file for bankruptcy or sell their stash to cover basic necessities such as electricity and payroll.

With enough bankrupt miners, the difficulty should theoretically drop another 20% while prices stay ~$3500 to balance things out.


EDIT: The point though is that we are in the second half of 2015 if you are using mining difficulty/profitability as an indicator and comparing the last bear market to this one.
now the miners are shorting too.
https://news.bitcoin.com/chinese-miners-short-btc-markets-to-hedge-against-falling-prices/


Last time i checked even my parents were shorting BTC...  Roll Eyes

Shorts are big since the drop from 6k.


Edit.

There might be an inverted H&S forming on 1D.

Crossing fingers.

You know what do do when everybody and their dog is doing something? Do the opposite. I think we are very close to the next bull run. If granny is shorting bitcoin, it's time to buy.
criptix
Legendary
*
Offline Offline

Activity: 2464
Merit: 1145


View Profile
December 09, 2018, 05:46:58 AM


Edit.

There might be an inverted H&S forming on 1D.

Crossing fingers.

Not even halfway, way too early. One shoulder does not make a neckline.


Thus i said might and crossing fingers.  Grin

Really hope for a bounce else it just looks like we are totaly rekt.


@rolling

Or you just go with the trend Tongue
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3738
Merit: 2148



View Profile
December 09, 2018, 05:52:52 AM
Merited by vapourminer (1), xhomerx10 (1), infofront (1), Lambie Slayer (1)

Anyone have a chart comparing 2014 bear market difficulty to present day?

This guy has a nice color visual of it. He also makes a strong case that nothing matters but the halven'ing!
Buy aqua - sell orange!

https://mobile.twitter.com/100trillionUSD


this market right now feels a lot more like the the 2011/12 bear than the 2014/15 bear, more vicious, organic, dog-eat-dog and less managed/contrived/orchestrated/manipulated.

In 2011/12 Bitcoinica and the shorting mania that unravelled spectacularly there might have something to do with it ... the news of miners shorting (hedging production forward) makes me think we are very near the final capitulation. This often happens in commodities markets at the bottom, the producers sell forward production even though they are going broke and it is killing their future market, it's an act of total desperation, that's what this feels like.

Probably central banks (likely through their proxies like JPM and UBS) are starting to buy up some cheap coins, to hedge for future possibilities ya know too ... that gives it that extra vicious edge when nation state dogs fight over the same piece of kill meat too.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 09, 2018, 06:43:37 AM
Merited by Lambie Slayer (1)

I wasn't around in 2011.  Can you tell us more about what it was like?
Paashaas
Legendary
*
Offline Offline

Activity: 2870
Merit: 2696



View Profile
December 09, 2018, 07:17:18 AM

Lambie Slayer
Hero Member
*****
Offline Offline

Activity: 910
Merit: 647



View Profile
December 09, 2018, 07:47:27 AM
Merited by Icygreen (1), HairyMaclairy (1)

I used to think bitcoin go big moon but now think it go down to hell.

Zoom out, dip twat.. and don't get caught up into whatever seems to be the current momentum.

jjg having a fever?

short explanation?  

Just capitulation getting much much closer is all. You still have your part to play Goose in this cosmic dance. A pic of you eating some Ramen noodles or a cold can of beans would do the trick. If you wanna end this bear market quickly then sacrifices must be made to the Gods of Capitulation. Jimbo earnestly and sincerely telling us all to go fuck ourselves would also really help. Our families are waiting in desperate need so please do the right thing sirs. JJG, thank you for setting a good example and making a sacrifice. Im sure it wasnt easy writing such a short and concise piece of life advice to Pirate Dip Twat, we all know he could have benefited from some instructions on incremental selling and buying strategies.
JayJuanGee
Legendary
*
Offline Offline

Activity: 2814
Merit: 5132


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
December 09, 2018, 08:38:23 AM

trichotomous

Is that a three headed hippo?

Where's your stop profit?

Stopped using them because I always got it wrong.  Instead I chase the price downwards with a scale out of stop losses.  So let the market make the decision.  Its the JJG School of ShortingTM, gradually sell on the way down and then gradually buy on the way back up.

It seems to me that you need your own Hairy Bearie trademark for that variation of incrementalism because it significantly differs from my approach and my thinking (even though practically your approach seems to have decent practicalities)... Anyhow, my incrementalism approach is largely chicken shit about shorting (or using margin).
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 09, 2018, 08:46:47 AM

Just think of it as chicken shit shorting

If you prefer I use my own trademark though so I don’t dilute your brand it’s ok.

HairycowardiceTM
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 09, 2018, 08:52:11 AM

Just today, my great-aunt asked me how to short Bitcoin!


I admire you but I don’t believe you.

You know why silver doesn't work?  You need 195 kilos of it just to transfer one-hundred-thousand-dollars. It's heavy AF!

Even a burglar couldn't be fucked with that.  Take the jewellery, whisky and iPads instead.    
JayJuanGee
Legendary
*
Offline Offline

Activity: 2814
Merit: 5132


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
December 09, 2018, 09:11:03 AM

Just think of it as chicken shit shorting

If you prefer I use my own trademark though so I don’t dilute your brand it’s ok.

HairycowardiceTM

You are either too tough on yourself or too humble.... because you seem to have something going, at least recently, seems like shorting would have been pretty profitable (if played correctly).

In other words, that name seems like it is just not going to inspire confidence from other peeps.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 09, 2018, 09:37:59 AM

I’m here to shit post not inspire confidence.
hv_
Legendary
*
Offline Offline

Activity: 2100
Merit: 1051

Clean Code and Scale


View Profile WWW
December 09, 2018, 10:25:41 AM

Bitcoin SV is Bitcoin

Simple to (re-) enable any business on it

https://twitter.com/money_button/status/1071446239927971841
alevlaslo
Hero Member
*****
Offline Offline

Activity: 1946
Merit: 591


View Profile
December 09, 2018, 10:36:22 AM


I have to disagree. That trendline needs to be lower, the start should be at the end of 2015.

below 3000 is not possible  https://forum.bits.media/index.php?/topic/952-%D0%BA%D1%83%D1%80%D1%81-bitcoin/&do=findComment&comment=1707986
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7248


Observing No-Coiners.


View Profile
December 09, 2018, 10:50:39 AM

I have returned from dinner and the party starts again.
I lack time to follow the pages of WO, very, very, fast

My wife is worried, she says I've been very strange for four days.

(4 / december first time in WO, lol)

nobody fucking cares , did we ask for your life story

who's "we" asshole

Mmmm nobody asks me neither ..... but gonna tell it anyway dumbf***

*headache* ....... late morning...... going for sober man’s breakfast, @goldkingcoiner, yeah outdoors, to f***ed up to put something together myself

Gonna glimps to the price now, ah ok = weeeEeEEEe
samson
Legendary
*
Offline Offline

Activity: 2090
Merit: 1062


View Profile
December 09, 2018, 10:50:58 AM


Wait and see what happens when all the MtGox Bitcoins are released into the wild if the current price is hovering around $3000 / BTC.

kurious
Legendary
*
Offline Offline

Activity: 2506
Merit: 1615



View Profile
December 09, 2018, 11:06:50 AM


 Heightened sense of smell is the bane of my existence.  Some colognes and perfumes give me an instant headache.  Those so-called air fresheners are just fuckin killer for me - they are not fresh at all.  My wife refrains from wearing perfumes and I love her for that.

The really cheap perfumes are made from industrial methylated spirit. The most expensive ones are made from pure drinking alcohol, which is heavily taxed to stop people drinking it. Maybe the dodgy perfumes that give you a headache are the industrial methylated spirit based ones.
 

I get a similar reaction to some scents - and it isn't because they're cheap.  

Ages back my (then new) gf seemed to suddenly start smelling bad, I told her to change her scent but it seemed to be on all her clothes, in her wardrobe etc.  I started to think it was her and we just were not compatible.  I told her I had this issue and asked her to let me sniff the perfumes she had.  It was just one and it nailed it.  I was so relieved (we are still together)

I don't know what chemical in the mix it was.  But I still notice it in a crowd if anyone is wearing scent containing it - it is so distinctive and it's not just one brand, it's an ingredient in some of them.  Mostly it seems it's only me who reacts to it, as the perfume she had was expensive, not cheap and sells ok. It was something with hints of 'wood' in its blurb BTW.

I now buy stuff for her whenever we're killing time in airports and we check it first.  @homer - Might work for you too - it likely isn't 'all scents' just one ingredient.  
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4390


Be a bank


View Profile
December 09, 2018, 11:15:50 AM

whale poo


edit whale vom



edit I wonder if it's ambergris?
empowering
Legendary
*
Offline Offline

Activity: 966
Merit: 1044



View Profile
December 09, 2018, 11:19:56 AM

whale poo


edit whale vom



edit I wonder if it's ambergris?

That stuff is flammable you know


Toxic smelly sperm whale stomach turds - sounds sorta like BTC at the moment  Cheesy
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4390


Be a bank


View Profile
December 09, 2018, 11:23:29 AM

Gentlemen and JJG,
We are allergic to whales.
Pages: « 1 ... 21862 21863 21864 21865 21866 21867 21868 21869 21870 21871 21872 21873 21874 21875 21876 21877 21878 21879 21880 21881 21882 21883 21884 21885 21886 21887 21888 21889 21890 21891 21892 21893 21894 21895 21896 21897 21898 21899 21900 21901 21902 21903 21904 21905 21906 21907 21908 21909 21910 21911 [21912] 21913 21914 21915 21916 21917 21918 21919 21920 21921 21922 21923 21924 21925 21926 21927 21928 21929 21930 21931 21932 21933 21934 21935 21936 21937 21938 21939 21940 21941 21942 21943 21944 21945 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 ... 29918 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!