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

[somac.]

https://www.wsj.com/articles/fed-adds-110-1-billion-to-financial-system-in-latest-transaction-11569505632

Another day another 110 billion USD printed in the blink of an eye to prop up banks and the Stock Market at the expense of USD holders.

"Thursday’s operations were the ninth and 10th since last week in which the Fed has intervened to calm roiled money markets. Rates on short-term repos briefly spiked to nearly 10% last week as financial companies scrambled for overnight funding."

QE 4 is upon us and they are in full crisis mode even though stocks are at an all time high.

This is historically unprecedented yet barely a blip in the headlines as Trump consumes the majority of media attention as usual.


Yes we are dipping hard and the WO bottom memes to end the carnage have not yet arrived, but when we start mooning again look the fuck out because its about to get crazy and cheap prices like this will never be seen again once we retake 10k.

TLDR: Its happening.

Your confidence fills me with joy joy feelings

[fillippone]

has anyone an overview of the different Bitcoin derivatives on CME, CBOE, NYSE etc.

and open and close times of the exchanges?

thank you!

BAKKT:
https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541


CITY   TRADING   PRE-OPEN
NEW YORK   8:00 PM - 6:00 PM*
20:00 - 18:00   7:55 PM
19:55
LONDON   1:00 AM - 11:00 PM*
01:00 - 23:00   12:55 AM
00:55
SINGAPORE   8:00 AM - 6:00 AM*
08:00 - 06:00   7:55 AM
07:55


CME:
https://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

Trading Hours:
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m/ CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)

CT is Central time:
Currently Central Daylight Time (CDT), UTC -5
Standard time (Central Standard Time (CST), UTC -6) starts November 3, 2019


CBOE:
Out of Business.


Wondering to write a post (or a thread ) recapping differences between futures, future terminology, and a little bit of theory (what is a future , in the first place, what does words such as volume,  contango,backwardation, settlement price etc means) Do you think it is useful?

Here you go.
I wrote this thread on the future definition, usage, contract detail, lingo etc.

Everything you wanted to know about BTC futures but were afraid to ask!


Please let me know if you like and how to improve it!
I am going to add details on the next days. This work was more time draining than expected!

[fillippone]

-... / .. / - / -.-. / --- / .. / -. // .-- / .. / .-.. / .-.. // .-- / .. / -. //

--. ---  -... .. - -.-. --- .. -.  --. ---!

Not this again!

-. --- -  - .... .. ...  .- --. .- .. -.!

[bitcoinPsycho]

$9000 in one hour.    Shoot me

[El duderino_]

$9000 in one hour.    Shoot me

Or praise you

[Millionero]

Y'all want some green dildos?  Careful what you wish for

[P_Shep]

-... / .. / - / -.-. / --- / .. / -. // .-- / .. / .-.. / .-.. // .-- / .. / -. //

--. ---  -... .. - -.-. --- .. -.  --. ---!

Not this again!

My thoughts exactly.

[bitcoinPsycho]

Y'all want some green dildos?  Careful what you wish for

I don't understand what your point is  

Why are you holding a pickled cucumber?

[LUCKMCFLY]

A different view ...


source: https://twitter.com/FeraSY1/status/1177544342501769218


The supports can create a possible liquidity zone that can withstand ... the purchases generated here can boost again.

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $8,032
When to the moon?

[BitcoinGirl.Club]

Y'all want some green dildos?  Careful what you wish for

Cock sucker 🤪

[Wilhelm]

Took a look at Bicoin today ... didn't look for a few days...

Reaction is     .... CHEAP COINZ!!!  

And it is commonly known that the real bull run is after the halving.... so still 200 days or so to scrape coinz

[LFC_Bitcoin]

And it is commonly known that the real bull run is after the halving.... so still 200 days or so to scrape coinz

Agreed!

[mersal]

Took a look at Bicoin today ... didn't look for a few days...

Reaction is     .... CHEAP COINZ!!!  

And it is commonly known that the real bull run is after the halving.... so still 200 days or so to scrape coinz

God gives the bitcoin haters more opportunity to realize and get some coins.

If they keep refusing again and again.

Then they will be in hell.

[bkbirge]

He has a point. Investing in something where you don't have to worry about an exit strategy is very attractive, though I doubt many of us will be that faithful in holding all the way up depending on the velocity...
https://cointelegraph.com/news/when-to-sell-bitcoin-never-mark-yusko-says-btc-like-amazon-stock

Yusko thus concluded that selling Bitcoin would be like selling shares in Amazon — so far, there has not been an advantageous point to do so.

“In every year, including this year, it’s had a double-digit drawdown. The average peak-to-trough: 31%, twice 90%. When was the right time to sell? Never,” he said.

[JSRAW]

bkbirge : that's fine bro, we all skip pages sometimes.   

Bitcoin is on steroids

[bakasabo]

Y'all want some green dildos?  Careful what you wish for

This is a cucumber 

[rdbase]

Venezuela Has Bitcoin Stash and Doesn’t Know What to Do With It

I could think of a few things to do with it.

For one they could avoid their country from defaulting and having their own national currency replaced with bitcoin then becoming the first official country where bitcoin saved it from the brink of disaster.
Just heard on some news site the banks there are going to be accepting bitcoin as legal tender in venezuela for paying back loans their customers have with them. I wouldnt doubt it since the banks dont care where you come up with the money to pay them back just as long as they get their loan payments. They will take anything whether it be pesos, usd, or bitcoin.
But I doubt they will take bolivar if bitcoin is going to start being accepted.

[LUCKMCFLY]

When taking a look at the market for a 4h fractal, observing "The Shorts" is something positive they have been closing.



Seeing "The Longs" have been growing, indicating that it is a good indication that the price begins to recover.



In the graph in general it has been showing signs of going up with little volume, it is positive, because it tells me that the floating offer is running out.



Looking at TensorCharts.com, you can see more purchase orders in the order of $ 8.5K to $ 9k ...



And when seeing the millionaire wallets, (10-1000) BTC their percentage has not changed much, I had always seen it in 62-63% .... Normally in 2017 to 2018 when it was in bullish trend this percentage was in the order of almost 80% .. It means that sales have stopped a little.



If everything goes like this, the market may recover quickly.

[Wilhelm]

Y'all want some green dildos?  Careful what you wish for

This is a cucumber 

A cucumber is a good dildo size... ask women