Bitcoin Forum
September 24, 2020, 07:58:50 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

Pages: « 1 ... 23047 23048 23049 23050 23051 23052 23053 23054 23055 23056 23057 23058 23059 23060 23061 23062 23063 23064 23065 23066 23067 23068 23069 23070 23071 23072 23073 23074 23075 23076 23077 23078 23079 23080 23081 23082 23083 23084 23085 23086 23087 23088 23089 23090 23091 23092 23093 23094 23095 23096 [23097] 23098 23099 23100 23101 23102 23103 23104 23105 23106 23107 23108 23109 23110 23111 23112 23113 23114 23115 23116 23117 23118 23119 23120 23121 23122 23123 23124 23125 23126 23127 23128 23129 23130 23131 23132 23133 23134 23135 23136 23137 23138 23139 23140 23141 23142 23143 23144 23145 23146 23147 ... 27292 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22523507 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. (148 posts by 37 users deleted.)
kingcolex
Legendary
*
Offline Offline

Activity: 2310
Merit: 1250



View Profile
March 24, 2019, 07:17:20 PM

In other news, what is WO take on giving btc to your own children? Worth it or idiotic since they don't know how to hold it safely?

I've been giving each of my progeny -- chillens and grandchillens -- one BTC (and one BCH ((and one BSV)) ) each year since years.

I look at the addresses each year to see how they're doing with them. All hodled tightly except for minimal percentages of daughter and one son, in whom I have instructed on the incremental laddered standing order plan.

Your practice alone is going to cause a BTC supply shortage.  Just think about the many poor folks around the world who are not even going to be able to own .1 BTC and many of your progeny will have several BTC each.  Wink

By the way, the bcash variants are not likely to have and impact on the world in any kind of meaningful way, and if they hold them more than a few years, they are likely to increasingly decrease in value - perhaps even faster than the dollar, so likely they should spend those bcash variants first.   or better yet, convert them into BTC. #gresham's law Tongue
Building a family dynasty? I like it, until the grand kids trades it all for Facebook coin.
1600977530
Hero Member
*
Offline Offline

Posts: 1600977530

View Profile Personal Message (Offline)

Ignore
1600977530
Reply with quote  #2

1600977530
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1600977530
Hero Member
*
Offline Offline

Posts: 1600977530

View Profile Personal Message (Offline)

Ignore
1600977530
Reply with quote  #2

1600977530
Report to moderator
JayJuanGee
Legendary
*
Online Online

Activity: 2394
Merit: 3267


How much alt coin diversification is needed? 0%?


View Profile
March 24, 2019, 07:17:27 PM


Who cares what that dweeb has to say?   Roll Eyes Roll Eyes
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 799



View Profile
March 24, 2019, 07:17:49 PM

Would you be so kind as to enlighten me on slippage? In what way would it screw with trading?

I would assume the implication was that: if real volume be truly that large, then slippage should be much less than that experienced.
I understand the correlation between volume and slippage, but I'm not sure how exactly those contracts work as I've never used or read into them.
JayJuanGee
Legendary
*
Online Online

Activity: 2394
Merit: 3267


How much alt coin diversification is needed? 0%?


View Profile
March 24, 2019, 07:19:32 PM

In other news, what is WO take on giving btc to your own children? Worth it or idiotic since they don't know how to hold it safely?

I've been giving each of my progeny -- chillens and grandchillens -- one BTC (and one BCH ((and one BSV)) ) each year since years.

I look at the addresses each year to see how they're doing with them. All hodled tightly except for minimal percentages of daughter and one son, in whom I have instructed on the incremental laddered standing order plan.

Your practice alone is going to cause a BTC supply shortage.  Just think about the many poor folks around the world who are not even going to be able to own .1 BTC and many of your progeny will have several BTC each.  Wink

By the way, the bcash variants are not likely to have and impact on the world in any kind of meaningful way, and if they hold them more than a few years, they are likely to increasingly decrease in value - perhaps even faster than the dollar, so likely they should spend those bcash variants first.   or better yet, convert them into BTC. #gresham's law Tongue
Building a family dynasty? I like it, until the grand kids trades it all for Facebook coin.

I had already expressed a couple of years ago that I don't think it is a good idea (especially giving a whole coin each year... that is ridiculous)... but whatever.. it is a child rearing choice that is totally within his discretion.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1610
Merit: 4165


Be a bank


View Profile
March 24, 2019, 07:24:25 PM

Slightly different, but my Dad left a coin a year to a charity. It was pretty cunning, but is effing annoying for me, especially as he left me a lot less.
infofront
Legendary
*
Offline Offline

Activity: 2142
Merit: 2119


Shitcoin Minimalist


View Profile
March 24, 2019, 07:29:22 PM

True, but it won't add years to your life (in most cases) and would not make you richer (on paper) as well.
Guys would be limited in children visitation rights (and, yes, in more than 90% cases children stay with mom).
It's all theoretical, as I never divorced.

Oh, sure, there's downsides as well as upsides, but I meant more in a moral sense. Being divorced doesn't make you a bad person. A country's divorce rate doesn't make the country a bad place.

Being divorced doesn't make you a bad person. It just guarantees you a place in hell.  Undecided
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 24, 2019, 07:30:19 PM

So he claims it will be at least 6 years until we return to ATH, on no evidence whatsoever.  

I read into the blog that blogger subscribes to the 'time stretch between successive peaks' theory.

I find it ignorant of the underlying economics of the issuance halvening cycle, but it seems at least more than 'no evidence whatsoever'.

That’s fine but he should present some evidence of time stretch. Otherwise it is assuming the outcome.  
El duderino_
Legendary
*
Offline Offline

Activity: 1190
Merit: 4130


Let's moon together #DUDEphilosophy


View Profile
March 24, 2019, 07:31:15 PM

True, but it won't add years to your life (in most cases) and would not make you richer (on paper) as well.
Guys would be limited in children visitation rights (and, yes, in more than 90% cases children stay with mom).
It's all theoretical, as I never divorced.

Oh, sure, there's downsides as well as upsides, but I meant more in a moral sense. Being divorced doesn't make you a bad person. A country's divorce rate doesn't make the country a bad place.

Being divorced doesn't make you a bad person. It just guarantees you a place in hell.  Undecided

Being divorced does only make you ONE thing i guess.... to be much more CAREFUL
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 24, 2019, 07:34:55 PM

Would you be so kind as to enlighten me on slippage? In what way would it screw with trading?

I would assume the implication was that: if real volume be truly that large, then slippage should be much less than that experienced.

Yes.  In a nutshell. 
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 24, 2019, 07:50:45 PM
Merited by JayJuanGee (1), Last of the V8s (1)

Would you be so kind as to enlighten me on slippage? In what way would it screw with trading?

I would assume the implication was that: if real volume be truly that large, then slippage should be much less than that experienced.
I understand the correlation between volume and slippage, but I'm not sure how exactly those contracts work as I've never used or read into them.

The particular trade that I found galling had me enter a stop loss at $xx93 (which was below a major support point).  The price fell through the support and the sell order executed at $xx20, which is $73 in slippage.

The most slippage I have previously experienced on breaking major support was $13 on Bitstamp at a much higher price (therefor far lower slippage in both nominal and percentage terms).

This leads me to believe that either: (a) Bitmex has exceptionally poor liquidity or (b) their proprietary trading desk is front running trades or (c) they are deliberately discriminating against fish in the order book.

The net result is the same.

While there are some complexities around whether one uses the last, mark or index price as trigger, it really all comes out in the same place.  None of this should be impacted by the particular rules of the instrument, and this was not a liquidation (I have never been liquidated and don’t intend to start).

I have had a number of other trades on Bitmex where my slippage has been about 10x what I would expect.   Given that Bitmex supposedly has 10x the volume of Bitstamp and 10x liquidity, something is rotten in the Seychelles.  I would go so far as to say either they are front running their own customers or their organic volume is about 1% of what they claim.  
bitserve
Legendary
*
Online Online

Activity: 1302
Merit: 1199


Self made HODLER ✓


View Profile
March 24, 2019, 07:56:53 PM
Merited by JayJuanGee (1)

Would you be so kind as to enlighten me on slippage? In what way would it screw with trading?

I would assume the implication was that: if real volume be truly that large, then slippage should be much less than that experienced.
I understand the correlation between volume and slippage, but I'm not sure how exactly those contracts work as I've never used or read into them.

The particular trade that I found galling had me enter a stop loss at $xx93 (which was below a major support point).  The price fell through the support and the sell order executed at $xx20, which is $73 in slippage.

The most slippage I have previously experienced on breaking major support was $13 on Bitstamp at a much higher price (therefor far lower slippage in percentage terms).

This leads me to believe that either: (a) Bitmex has exceptionally poor liquidity or (b) their proprietary trading desk is front running trades or (c) they are deliberately discriminating against fish in the order book.

The net result is the same.

While there are some complexities around whether one uses the last, mark or index price as trigger, it really all comes out in the same place.  None of this should be impacted by the particular rules of the instrument, and this was not a liquidation (I have never been liquidated and don’t intend to start).

I have had a number of other trades on Bitmex where my slippage has been about 10x what I would expect.   Given that Bitmex supposedly has 10x the volume of Bitstamp and 10x liquidity, something is rotten in the State of Seychelles.  I would go so far as to say either they are front running their own customers or their organic volume is about 1% of what they claim.  

Makes sense. OR... maybe traders at Bitmex are *WAY* more prone to using leverage and stop loses which causes *HUGE* slippage due to "cascading" than Bitstamp traders. Think about it... it also makes some sense.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 24, 2019, 08:04:08 PM

Assuming it’s all completely innocent, we still end up in the same place. Bitmex does not have an acceptable level of liquidity to support market orders. Which is kinda important. 
HI-TEC99
Legendary
*
Online Online

Activity: 1932
Merit: 1158



View Profile
March 24, 2019, 08:10:23 PM
Merited by 600watt (1), PuertoLibre (1)

Interesting stat: Belgium has a very high divorce rate (70%).

Nothing wrong with divorce.

True, but it won't add years to your life (in most cases) and would not make you richer (on paper) as well.
Guys would be limited in children visitation rights (and, yes, in more than 90% cases children stay with mom).
It's all theoretical, as I never divorced.


Which of these life phases are you up to? The marriage phase of your life, or the having kids phase?



El duderino_
Legendary
*
Offline Offline

Activity: 1190
Merit: 4130


Let's moon together #DUDEphilosophy


View Profile
March 24, 2019, 08:13:21 PM

^
Bearmarket
PuertoLibre
Legendary
*
Offline Offline

Activity: 1820
Merit: 1003



View Profile
March 24, 2019, 08:14:04 PM

Interesting stat: Belgium has a very high divorce rate (70%).

Nothing wrong with divorce.

True, but it won't add years to your life (in most cases) and would not make you richer (on paper) as well.
Guys would be limited in children visitation rights (and, yes, in more than 90% cases children stay with mom).
It's all theoretical, as I never divorced.


Which of these phases are you up to? The marriage phase of your life, or the kids phase?




Embarrassed
Even university doesn't teach to student how to survive in wild capitalism. They are supposed to teach us about the fake money(illusion) and fake history...
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
March 24, 2019, 08:15:32 PM

Assuming it’s all completely innocent, we still end up in the same place. Bitmex does not have an acceptable level of liquidity to support market orders. Which is kinda important.  

Why are you even pretending bucketshops aren't scams BY DEFINITION.  "Support market orders"Huh It's not a fucking market.  It's like a guy standing in an alleyway with 3 cups telling people to guess which one the ball is underneath.  The Dow and Comex are scam bucketshops too.  
Arriemoller
Hero Member
*****
Offline Offline

Activity: 1330
Merit: 837


Justitia arma requirit


View Profile
March 24, 2019, 08:35:44 PM

Good evening bitcoiners, just a comment from Sweden passing by

This was written in 1989, sounds familiar? https://www.apnews.com/bd45c372caf118ec99964ea547880cd0
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
March 24, 2019, 08:41:45 PM

Jewish shitcoiner featured on Daily Stormer (any dumbass with the word "anarcho" in their description is a shitcoiner).  I wonder which one of you this guy is:

https://dailystormer.name/anarcho-vegan-jew-records-video-trying-to-get-toddler-daughters-to-consent-to-sex-with-him/
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 24, 2019, 08:51:16 PM

Good evening bitcoiners, just a comment from Sweden passing by

This was written in 1989, sounds familiar? https://www.apnews.com/bd45c372caf118ec99964ea547880cd0

Are you a heavy cigarette smoker Arie?
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
March 24, 2019, 08:56:58 PM

Carbon credits are an Enron scam.

Pages: « 1 ... 23047 23048 23049 23050 23051 23052 23053 23054 23055 23056 23057 23058 23059 23060 23061 23062 23063 23064 23065 23066 23067 23068 23069 23070 23071 23072 23073 23074 23075 23076 23077 23078 23079 23080 23081 23082 23083 23084 23085 23086 23087 23088 23089 23090 23091 23092 23093 23094 23095 23096 [23097] 23098 23099 23100 23101 23102 23103 23104 23105 23106 23107 23108 23109 23110 23111 23112 23113 23114 23115 23116 23117 23118 23119 23120 23121 23122 23123 23124 23125 23126 23127 23128 23129 23130 23131 23132 23133 23134 23135 23136 23137 23138 23139 23140 23141 23142 23143 23144 23145 23146 23147 ... 27292 »
  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!