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November 29, 2020, 07:32:01 AM *
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Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24542198 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. (153 posts by 40 users deleted.)
d_eddie
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May 12, 2019, 01:48:24 PM


I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.

every exchange does market making to provide liquidity to the market. there is no possibility to differ between market making (by the exchange itself or other market making parties) and the "real" volume by clients of the exchange. only the exchange itself knows the real figures.

EDIT: the so called "wash trading" or "fake volume" on the exchanges is in fact market making which provides liquidity to Buyers and Sellers. but the Noobs don't really understand how the business is working and start to blame the exchanges.
Bitmex is only dealing in derivatives (paper coin). So they say they are only acting as middlemen and profiting from commissions. Every user short has a matching user long and vice versa. They are not taking sides! Don't you believe them?  Grin

BS!!  Grin

this would mean in times with low activity of clients you would have a massive gap in price between Buyers and Sellers.

EDIT: take a look at decentralised markets like Bisq (Bitsquare) and you can figure it out for yourself.
I guess they justify the absence of wide gaps by the market making commissions they pay to users adding liquidity to the book. I'm playing devil's advocate but not really defending them, because the verlakking is plain to see in times of turbulence.
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El duderino_
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May 12, 2019, 01:56:51 PM

Guys I can't take this anymore!  Too much excitement for one weekend.




 PUMP EEEET!!!


Dammit XhomerX, I was watching the pre LFC-game talk, toke the laptop, opened the WO, saw your pump eeeet so instantly open the price chart, that we where attacking UP again Roll Eyes
El duderino_
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May 12, 2019, 01:57:59 PM

happy mothers day  Cheesy

Yeah, but its not the real one Roll Eyes


call your mother and thank her for having given birth & raised you towards a level of intellectual capability that made it possible for you to identify this live changing invention the way you did.

Of-course I contacted here, but she lives so faaaaaaaaaaar away from me  Undecided ... still she's always happy to hear mr of-course Smiley
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May 12, 2019, 02:14:35 PM

El duderino_
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May 12, 2019, 02:22:47 PM

^Boys my heart is beating RED ...... if everything stays as it is right now


Would be magical
El duderino_
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May 12, 2019, 02:27:43 PM

Wooooooooow

City behind LFC in front

Last game Come On !!!!!!!!!!!!!!

Still long game !!!!!!!!!!!!!!!!

F*** one minute later equalised
gembitz
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May 12, 2019, 02:27:49 PM



wake up neo  Cool  weeeee
nutildah
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May 12, 2019, 02:35:41 PM
Merited by erre (1), El duderino_ (1)

I have a dream too
Its wealth redistribution
From assholes to us.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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May 12, 2019, 02:42:59 PM

It's so nice to go out for a walk on a beautifully sunny Sunday morning, and to come back home and see that your BTC is worth more that you left it...

A two-hour walk earned me 4 months worth of salary money...

Go Bitcoin, go!
In my case, 1 day earned me 4 years salary  Grin


Keep this up, and you are going to have to give yourself a raise.

I recall that the first time that Bitcoin went above $2k in early 2017.  There was a certain sense of relief that I felt with my long term decision to invest in BTC - even though I thought that I had already made pretty decent investment decisions in my life to set myself up fairly well financially, even before bitcoin. 

Based on my earlier investments, I had created a kind of baseline expectation about how I was going to live, and that was based on my previous salary.. and attempting to live my life within a kind of continuation of my previous salary and therefore an ability to keep my standard of living through the rest of my life.

When BTC surpassed $2k, it became fairly clear that in order to spend what I had made, I was going to need to give myself a raise, and the more that BTC price goes up, the more comfort there is in the cushion, as well as developing a certain level of confidence that another raise is in order.

Even with current BTC prices floating around $7,100, we have more than doubled the price from the $3,122 bottom.  Congrats to anyone who feels that they may be able to give themselves currently or in the near future.  Of course, there is a decent sense that delayed gratification may be in order, so I can appreciate anyone who is tentatively planning to begin cashing in on their raise in the $30k plus territory, rather than engaging in any "cashing in" within our current price arena.
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May 12, 2019, 02:43:24 PM

I have serious Hat Envy. Hard to keep up with the HODLers.
Go, BTC, Go!
I hope everyone else traded their free stellar lumens for BTC when it was around $5K and XLM was at 12 cents.
I did, and now BTC is over $6K, XLM is 9 cents, LOL.
Thanks for the free pump, XLM!

Free lumens? I didn't know it was distributed based off btc?

I think it only was for BTC on Kraken....
Fuck Kraken, again during the last rush trying to get verified was a fucking joke. My photo ID with my holding it and a not with my signature and date in the other hand . Two weeks to verify and it always came back as something happened on their end until after the rush. Fuck those guys.
kingcolex
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May 12, 2019, 02:44:14 PM

I have a dream too
Its wealth redistribution
From assholes to us.
Who chooses who is an asshole because it it's my wife I know which camp she places me in.
d_eddie
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May 12, 2019, 02:44:29 PM
Merited by nutildah (1)

^^ +1 WOsMerit to nutildah for a tasty haiku!

Keeping my last sMerit for a non-legend (or non-goose, cause he's already a legend at heart).
El duderino_
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May 12, 2019, 02:46:18 PM

the engine stutters for a moment??

Come on keep it going BTC Smiley
El duderino_
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May 12, 2019, 02:47:23 PM

^^ +1 WOsMerit to nutildah for a tasty haiku!

Keeping my last sMerit for a non-legend (or non-goose, cause he's already a legend at heart).

I send him for us both Smiley
d_eddie
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May 12, 2019, 02:53:07 PM

Thanks WOBro Goose.
nutildah
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May 12, 2019, 02:53:31 PM

I have a dream too
Its wealth redistribution
From assholes to us.
Who chooses who is an asshole because it it's my wife I know which camp she places me in.

Lol. It actually is your wife. I know, it's strange that she of all people has been tasked with distributing monumental judgment, but she was.

^^ +1 WOsMerit to nutildah for a tasty haiku!

Keeping my last sMerit for a non-legend (or non-goose, cause he's already a legend at heart).

There, now you have an even number and 2 sMerits but I agree you should save them for those who need them. I have at least 5 WO Merits now. Building up a nice stash for when Satoshi returns and posts in this thread.
serveria.com
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May 12, 2019, 02:54:19 PM

I have a dream too
Its wealth redistribution
From assholes to us.

Aren't you afraid to become an asshole yourself? He who kills monsters should watch out not to become a monster himself.
jonoiv
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May 12, 2019, 02:56:08 PM




Calling that the top!   at least for now

Ok so i was about $100 off...  But not bad Cheesy
d_eddie
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May 12, 2019, 02:56:52 PM

We lost 7k again.
nutildah
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May 12, 2019, 03:00:59 PM

I have a dream too
Its wealth redistribution
From assholes to us.

Aren't you afraid to become an asshole yourself? He who kills monsters should watch out not to become a monster himself.

We are all assholes to some degree. Except for mic quite possibly. But I like to believe we are smaller assholes than the "masters of the universe" type finance industry illuminati who actively make the world a shittier place to live in for the sake of amassing  even more wealth.

In short, we are not the true assholes. They are.
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