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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 12 (7.7%)
H2 2019 - 16 (10.3%)
H1 2020 - 29 (18.6%)
H2 2020 - 28 (17.9%)
H1 2021 - 12 (7.7%)
H2 2021 - 31 (19.9%)
H1 2022 - 6 (3.8%)
H2 2022 - 4 (2.6%)
H1 2023 - 0 (0%)
H2 2023 - 3 (1.9%)
2024 or Later - 15 (9.6%)
Total Voters: 156

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21292717 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. (102 posts by 19 users deleted.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 26, 2019, 02:50:47 AM
Last edit: June 26, 2019, 03:14:55 AM by JayJuanGee

You think having a botnet of real Bots is a bad idea?

Quite. But also very hard to see how the economic and business models will ever stack up.  



They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy.

But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book.

How could they break even when they are competing against ASICs in data centers?

ASIC resistant blockchains.

No such thing.  Insider only ASIC blockchains yes.

Note the terminology employed. ASIC resistant. Not 'ASIC proof'. There currently exist blockchains upon which GPU mining is profitable.

I hate to get you back "on topic" jbreher, but I would like to confess that I made a bit of a orderbook/laddering/incrementalism "screw up."  

I had some sell orders fill in around the $11,950 price area, so I was resetting my buy orders, and the price was around $11,867, but I was setting one of my buy orders to buy back some of my coins in the $11,200 arena, but instead of typing $11,200, I fat fingered it (typed $12,200), and I accidentally bought immediately at $11,867.  

So when I make those kinds of buy/sell mistakes, I have to attempt to make up for it, by cancelling at least one additional buy back order, and hope that I am able to sell the same amount that I accidentally bought at a bit of a higher price.. at least break even, cover my fees, and maybe a few dollars profits, just for cushion (in case I make another quickie mathematical mistake)..

So, anyhow, I am kind of hoping for BTC prices to go short term UP before going short-term DOWN in order to get my various order books laddering etc re-synchronized.. otherwise, my orders will likely be out of sync for a bit of time... until I make up for the mistake in the opposite direction.  Either way, I am likely to get resynchronized, even though the mistake kind of screwed up my rhythm.

Surely, I have had much worse mistakes.  This mistake ends up still being profitable because mostly it covers my fees on both ends, but it is just inconvenient.  The worse mistakes are when I mistakenly buy back for more than I had sold and then having to account for fees, too,.. then I am kicking myself harder in those kinds of fat finger circumstances, and it usually takes longer to make up the difference when it is an already losing mistake... versus this one that was still covering my costs.  This one just caused me to make less money and for my orders to be out of sync and so I have to spend additional time paying attention to getting my orders resynchronized.. .. but if the BTC price goes up immediately to about $11,987-ish, then I will be pretty much back to the position that I would have been (absent the mistake) and quickly resynchronized... and back into regular and systematic business as usual mode.

Edit (21 minutes later):
Problem resolved.  Correction sell order filled.  I reset the correction sell order for $11,982-ish... because there was a little bit of a wall of coins at $11,984, so I wanted to make sure that my orders got filled, instead of getting stuck..... but either way the matter was resolved because the price went up beyond my amounts, and I was able to reset my buy orders back to the original intended amounts
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June 26, 2019, 02:58:10 AM
Last edit: June 26, 2019, 03:22:58 AM by rdbase



The new FIAT coin Smiley
I do like my pepe coins! Smiley
They will be worth more than gold one of these days.

We are reaching for $12000 now. Buckle in moon memes are about to roll out soon! Grin

revised 20 minutes later looks like we broke that quite easily.
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June 26, 2019, 03:05:21 AM
Merited by JayJuanGee (1)



The new FIAT coin Smiley
I do like my pepe coins! Smiley
They will be worth more than gold one of these days.

We are reaching for $12000 now. Buckle in moon memes are about to roll out soon! Grin

I am strapped in. HODL ON BOYS WE GOING TO MARS.
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June 26, 2019, 03:08:33 AM

If you guys ever decide on The Philippines, I could host private security. (I'd need to pay my small special forces team a little bit more than usual.) @mic has been there sooo ... everyone who donates a little bit gets a bodyguard for the duration of your stay in the country and escort all the way from and to the airport.

We do have San Miguel Beer.

P.S. I would not suggest any drugs in the party.
Let's do Ginebra Gin  Cheesy Cheesy. Wish I could hang out with you guys!
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Nope.


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June 26, 2019, 03:10:06 AM

12k is in again.  Grin
13.5k is 61% fib.
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June 26, 2019, 03:15:07 AM

12k is in again.  Grin
13.5k is 61% fib.

Big walls on gdax, but should be able to pound through um.
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June 26, 2019, 03:18:25 AM
Merited by 600watt (1)

Well, if this move up isn't retail or joe public which it doesn't really feel like, could that mean OTC sellers are drying up and perhaps forcing buyers to the exchanges?  
Maybe we just have good ol' manipulation from the single entity dood from bitfinex Wink
For some reason I still feel cool as a cucumber with the hodl but realized today I had not planned my mental state for such gainz.  Found myself trying to come up with "The Number" which will set me for life.  Not that I'm close (yet).
Anyway, second beer speaking and I will not be returning to my work this evening because tradeview is paying way more  Wink
 
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June 26, 2019, 03:19:00 AM

There goes that alarm again. 12k bitstamp.
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June 26, 2019, 03:20:11 AM

There goes that alarm again. 12k bitstamp.

We. Did. It.
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June 26, 2019, 03:20:49 AM

12k. Expecting another 500 within hours.
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June 26, 2019, 03:21:40 AM

OBSERVING ABOVE $12,000
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June 26, 2019, 03:22:23 AM

stamp order book: 1000 coins can be bought below $17700
and that's before the supply is actually halved.
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We choose to go to the moon


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June 26, 2019, 03:23:27 AM

I've been preparing myself mentally for 8000.

Prepare for 12,000

Mic you were right, my friend! 100%.
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June 26, 2019, 03:26:14 AM

12k. Expecting another 500 within hours.

Strong agree. There is not much resistance currently. More is bound to move in, but this is hella bullish.
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June 26, 2019, 03:26:15 AM

Just stopped by to say that This is Fine.
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June 26, 2019, 03:27:46 AM
Merited by Paashaas (1), BobLawblaw (1)

Nice, and good job Bitcoin, keep coming and push the price.

Happy to post that we are now at $12,000 and we shall not gonna stop it here, I'm afraid we might hit the ATH earlier than expected.
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June 26, 2019, 03:31:23 AM

Bitrefill brings Lightning to Coinbase with ThorAPI kit for exchanges.

https://bitcoinmagazine.com/articles/bitrefill-brings-lightning-to-coinbase-with-thorapi-kit-for-exchanges
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June 26, 2019, 03:33:55 AM

Good morning guys 'n' gals!

What a wonderful feeling, to have my breakfast while observing 10,600+ €...

Onwards & upwards, to the moon & beyond!
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June 26, 2019, 03:38:01 AM

Update on transaction fees for those who may be concerned:

I sent a transaction 12 minutes ago with a 21 sat/byte fee ($0.35; recommended is currently 51 sat/byte) and it confirmed in the next block.

I think people in large pay humongous fees either because they are:

a. Roger Ver sending bitcoin to himself in a quest to prove that BTC has high fees
b. sent by people who don't mind sparing a couple extra bucks to guarantee a quick confirmation time

Long story short: there's no reason to pay more than $2 in fees when $0.35 will do just fine.

I send stingy fee TXs 90% of the time and they work fine..



The new FIAT coin Smiley
I do like my pepe coins! Smiley
They will be worth more than gold one of these days.

We are reaching for $12000 now. Buckle in moon memes are about to roll out soon! Grin

revised 20 minutes later looks like we broke that quite easily.



https://rarepepewallet.com/


I can't believe XCP is in such a gutter but can't seem to buy any..



$12k is just ehhh to me..
$10k is great, but everything between 10k and $20k is just ehh whatevs..

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June 26, 2019, 03:39:14 AM
Merited by Icygreen (1)

SCARAMOUCH SCARAMOUCH WILL YOU DO THE FANDANGO!!!
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