Bitcoin Forum
May 29, 2023, 10:20:36 PM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will we see a new ATH?
2023 - 56 (21.8%)
2024 - 102 (39.7%)
2025 - 74 (28.8%)
2026 - 4 (1.6%)
2027 - 2 (0.8%)
After 2027 - 5 (1.9%)
Never - 14 (5.4%)
Total Voters: 257

Pages: « 1 ... 24951 24952 24953 24954 24955 24956 24957 24958 24959 24960 24961 24962 24963 24964 24965 24966 24967 24968 24969 24970 24971 24972 24973 24974 24975 24976 24977 24978 24979 24980 24981 24982 24983 24984 24985 24986 24987 24988 24989 24990 24991 24992 24993 24994 24995 24996 24997 24998 24999 25000 [25001] 25002 25003 25004 25005 25006 25007 25008 25009 25010 25011 25012 25013 25014 25015 25016 25017 25018 25019 25020 25021 25022 25023 25024 25025 25026 25027 25028 25029 25030 25031 25032 25033 25034 25035 25036 25037 25038 25039 25040 25041 25042 25043 25044 25045 25046 25047 25048 25049 25050 25051 ... 32269 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26116179 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. (170 posts by 5 users with 9 merit deleted.)
JayJuanGee
Legendary
*
Offline Offline

Activity: 3360
Merit: 8358


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
October 04, 2019, 04:03:20 AM

For clowns pumping that shit with "store of value" bullshit mantras. There is some contradiction, because store of value can't be something you should HODL if you are not a trader and only buy with the money you can afford to lose.


I doubt that the whole concept of storage of value and investing is not as contradictory as you are making it out to be.

If you actually bought some coin rather than treating the matter theoretically (as a detached no coiner), you might come to understand the bitcoin situation a little bit better.

Perhaps?

Perhaps?
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1685398836
Hero Member
*
Offline Offline

Posts: 1685398836

View Profile Personal Message (Offline)

Ignore
1685398836
Reply with quote  #2

1685398836
Report to moderator
1685398836
Hero Member
*
Offline Offline

Posts: 1685398836

View Profile Personal Message (Offline)

Ignore
1685398836
Reply with quote  #2

1685398836
Report to moderator
Torque
Legendary
*
Offline Offline

Activity: 3234
Merit: 4529



View Profile
October 04, 2019, 04:23:34 AM

Don't hold fiat that you can't afford to lose. Because it's literally losing value relative to other deflationary assets every single day that you hold it.

#HODLBTC
Icygreen
Legendary
*
Offline Offline

Activity: 1464
Merit: 1135



View Profile
October 04, 2019, 05:31:54 AM

Don't hold fiat that you can't afford to lose. Because it's literally losing value relative to other deflationary assets every single day that you hold it.

#HODLBTC
True and the folks who'd benefit from this sage advise first need to lose some more value in fiat before its real.
illinest
Sr. Member
****
Offline Offline

Activity: 454
Merit: 251



View Profile
October 04, 2019, 06:32:01 AM

Price is slow bleeding,
Panic selling will follow.
Fill my bids. Lower.

Bulls looking weak. Shake the trees.
Arriemoller
Legendary
*
Offline Offline

Activity: 2254
Merit: 1748


Cлaвa Укpaїнi!


View Profile
October 04, 2019, 06:39:58 AM

Cancer vaccine on the horizon.

https://www.zmescience.com/science/universal-cancer-vaccine-could-be-on-the-horizon/

And also: never google your symptoms https://www.youtube.com/watch?v=Vn_ZkI7-IZ4&feature=share&fbclid=IwAR0O4tB4EetQTSmQALH4jg2PYEKCkzhR45lcaKFoKYVgeA3lOI5tpJi49pU

And also: it's Fuck you Fatty Friday.
Fuck you Fatty!
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
October 04, 2019, 06:53:24 AM
Merited by fillippone (1)

Fuck you Fatty


Also look who made the top of the list  Gratz man - well deserved. 

 
fillippone
Legendary
*
pizza
Online Online

Activity: 1806
Merit: 12752


Merit Rascal - Pizza Maker - Golden Feather 2022


View Profile
October 04, 2019, 07:10:11 AM
Last edit: October 04, 2019, 08:33:20 AM by fillippone
Merited by babo (1), infofront (1)

Ah! Good Morning WO gang.

Observing BTC@8125.

This tweet put a smile on my face:

Quote
Did you know?
# of Web Servers
1991: 1
1992: 10
1993: 50
1994: 623
1995: 10,022
1996: 100,000
1997: 603,367
1998: ~1.6 million
1999: ~3.7 million
2000: ~9.5 million
2001: ~26 million
2002: ~36 million
2003: ~35 million
2004: more than ~46 million

2019: more than 1,717,077,725
https://twitter.com/w3c/status/1179909748147343361?s=20

Because it immediately remembered me this statement made in 1998:



and this:




ChefImGartenPavillion
Full Member
***
Offline Offline

Activity: 620
Merit: 225

ETH/BTC


View Profile WWW
October 04, 2019, 07:32:57 AM

watching Newbies slowly coming in here and also in the German WO thread. this is a good sign for adoption I guess. maybe we will see a little peek above $15K (but no new ATH) before the end of 2019. just telling.

https://bitcointalk.org/index.php?topic=5188987.msg52609651#msg52609651
^
If you got something to say, do it in here!

Make a piece of BTC while doing it.

done, Brother
Guess here im a newbie, however, there aren't that many newbies in the German WO, are there?

so when did you hear about Bitcoin for the first time?

EDIT: you are a forum member since below one year. but this could mean nothing. I've heared about Bitcoin over one year before I registered to the Forum because I thought FBI, CIA, NSA will hunt me if I do it earlier.  Grin
Somewhat as it was below 100$. But I lost track and got back like three years ago, as I discovered bitcointalk.
fillippone
Legendary
*
pizza
Online Online

Activity: 1806
Merit: 12752


Merit Rascal - Pizza Maker - Golden Feather 2022


View Profile
October 04, 2019, 07:37:55 AM
Last edit: May 16, 2023, 07:12:10 AM by fillippone

Fuck you Fatty


Also look who made the top of the list  Gratz man - well deserved. 

 

What's that sorcery?
I didn't even know that part of the forum exists as I always relied on external efforts like tables and datas from ddmrddmr or LoyceV.
Anyway, I take no pride in that, It your merit (pun intended). I only try to contribute to the forum in the best way I can and try to stimulate most interesting (and entertaining) discussions.


HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
October 04, 2019, 07:50:09 AM

^humble too ! 

Fili for President !
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
October 04, 2019, 08:05:13 AM

11 Men With Extremely Boring Hobbies

http://mentalfloss.com/article/80855/mild-bunch-11-men-extremely-boring-hobbies
BitcoinGirl.Club
Legendary
*
Offline Offline

Activity: 2422
Merit: 2440


Stake.com - Leading Crypto Sports Betting & Casino


View Profile WWW
October 04, 2019, 08:22:47 AM

Good morning WO!
Observing @ $8,128
Can somebody update me coz I am f**king 40 up pages behind LOL
Hope you guys were doing fine by the way.
nutildah
Legendary
*
Offline Offline

Activity: 2632
Merit: 6291



View Profile WWW
October 04, 2019, 09:32:15 AM

Uh, no homo?

https://www.dailymail.co.uk/news/article-7533755/Russian-man-sues-Apple-turning-gay-given-GayCoin-instead-BitCoin.html

Russian man sues Apple for 'turning him gay' after he was given GayCoin instead of Bitcoin

A Russian man has filed a lawsuit against Apple after claiming an iPhone app turned him gay when he was sent the wrong type of cryptocurrency.

The man, from Moscow, is seeking one million rubles (£12,400) in damages after a cryptocurrency called 'GayCoin' was delivered via a smartphone app, rather than the Bitcoin he had ordered.

He said the technology giant pushed him 'towards homosexuality through manipulation' and caused him 'moral and mental harm'.

The 69 GayCoins arrived on a cryptocurrency payment app with a note saying, 'Don't judge until you try,' according to the complaint.

The man - identified as D. Razumilov - had downloaded the app onto his iPhone in 2017, the Moscow Times reported.

'I thought, in truth, how can I judge something without trying? I decided to try same-sex relationships,' he said.

'Now I have a boyfriend and I do not know how to explain this to my parents... my life has been changed for the worse and will never become normal again.

'Apple pushed me towards homosexuality through manipulation. The changes have caused me moral and mental harm.'


Sheesh I had no idea altcoins could be that transformative. Imagine switching your sexuality over unexpectedly receiving an altcoin. I can't actually. I think the whole story must be bogus.

BTW, Fuck You Fatty
Negotiation
Full Member
***
Offline Offline

Activity: 700
Merit: 120



View Profile WWW
October 04, 2019, 10:07:22 AM

I really should get back into repairing miners. That looks like a fun little project.
Yeh, i hope next few day repairing everything normally working well.
others hand lost her time economically damage.

I'm thinking a lot of those miners are gone. Big problem: These things generate heat, and if you put them on big power busses without fusing you're just asking for a fire.

But fuses cost money.....
yep miner has been gone already but buying new miner soon then created one also recovery every loses with new farm.
sirazimuth
Legendary
*
Offline Offline

Activity: 3010
Merit: 2878


born once atheist


View Profile
October 04, 2019, 10:40:31 AM

^Google translate fail.
fillippone
Legendary
*
pizza
Online Online

Activity: 1806
Merit: 12752


Merit Rascal - Pizza Maker - Golden Feather 2022


View Profile
October 04, 2019, 10:45:31 AM
Last edit: May 16, 2023, 07:12:04 AM by fillippone

Hey guys, have you ever done some trading on both sides? That is, if you enter Long, do you protect your position in Short with some leverage? This Spanish-speaking Trader did it, the video is from 2018, but it seems to me that the adrenaline he feels is a lot! more when you do it with 100k!

https://talkimg.com/images/2023/05/16/blob873964a73c82023e.png
Source: https://www.youtube.com/watch?v=T7p5UTPNPIs&t=14s


As Jesse Livermore did, it is a way to always be in the market, no matter which direction you are going.

Do you think it is convenient to do it right now in the market? Since the price is expected to increase, but if it falls, protect your position.

Obviously, to do this you have to have a lot of experience and try to suppress emotions to the fullest.

Hedge at the start - Trading System

let's play it simple without leverage just 1 BTC positions in USD.

bid price is 8200
ask price is 8250
spread is 50

you sell (sl -250) at 8250 - from start it equals to -50 in profit
you buy (sl -250) at 8200 - from start it equals to -50 in profit

price goes to 8400 - sell liquidated with -250 profit - buy with +150 in profit
price must go to 8500 to be break-even (w/o fees for both positions)

or

price goes to 8000 - buy liquidated with -250 profit - sell with +150 in profit
price must go to 7900 to be break-even (w/o fees for both positions)

it's kind of break-out system with a range of 500 600 (w/o fees for both positions). there MUST be a range break-out > 300 to be profitable and ranging withing the range will increase the losses every time a sl is hit.

*correct me please if I did a calculation error

EDIT: in my eyes it's a poor system. better you have a range defined and buy above the range and sell below the range because then you will not add several losses if there is no break-out of the range for a specific time.

Sorry, I don't undertand your example.

first of all, if bitcoin quotes like you stated:
Quote
bid price is 8200
ask price is 8250
spread is 50

You cannot buy at 8,200 and sell at 8,250.
You can sell at 8,200 and buy at 8,250. So you lock a 50 USD negative spread (the so called bid/ask spread).
You can potentially place an order to buy at 8,200 and place an order to sell at 8,250. But it is not granted you get both of them executed. You are taking some risk here, that eventually will allow you to lock a 50 USD gain.

But let's think you are good enough, or lucky, to buy and sell locking a 50 dollar profit

you bought a bitcoin at 8,200 and sold a bitcoin at 8,2500.

So you situation is:
+1 BTC @8,200
-1  BTC @8,250

What happens if BTC goes to 8,300?
Your buy is in the money of 100 usd: P&L (unrealised): +100
Your sell is out the money of 50 usd: P&L (unrealised): -50
Total P&L (unrealised):+ 50

What happens if BTC goes to 8,400?
Your buy is in the money of 200 usd: P&L (unrealised): +200
Your sell is out the money of 150 usd: P&L (unrealised): -150
Total P&L (unrealised):+ 50

What happens if BTC goes to 8,050?
Your buy is out the money of 150 usd: P&L (unrealised): -150
Your sell is out the money of 200 usd: P&L (unrealised): +200
Total P&L (unrealised):+ 50

See?
Your p&l is always 50: this leads to me to think that you are not long a bitcoin and short a bitcoin: you are flat, you have NO bitcoin, and you just gained 50 dollar from your market making 1 bitcoin at the start (buying and selling the initial bitcoin- also in the opposite order- at the start of this trade).

I don't event think (but i am not expert specifically on those platform) to get long and short on the same account. If a platform is allowing to go short and long at the same time they're actually stealing you money.

Your example go on with liquidations,
those don't change the thing dramatically, but I can't go on , because i lost your calculations as they appear all wrong to me:

Quote
you sell (sl -250) at 8250 - from start it equals to -50 in profit
Quote
price goes to 8400 - sell liquidated with -250 profit - buy with +150 in profit

If you sell at 8,250, and price goes to 8,400 your sell is liquidated with 150 loss.


Even in highly volatile environment Mark To market is the best way to think of your trading position, because MtM has to do with the current price, so it has to do with the future movements.
You assume P&L is instantly real, since current price is the best possible estimate of future price. Which it could be if there were a universal way to price risk and opportunity cost. Which I assume there isn't.

My own assumptions? "I'll never hit that wall because I keep my gameplay far from the sidelines." Taken to extremes: if I had infinite capital, I would not worry a bit. In other words: my bankroll is finite so I do worry of course, but I have low (negative?) opportunity cost for my play stash - it's better for me to use it to get moar btc at good odds than to collect dust in the freezer. As for the risk, I can't quantify it precisely, but it's bounded by the play stash amount if I stick to my rules.

If we had infinite capital, infinite time we would all be rich.
Capital is finite and time is finite. I don't know if it is better this way, but it surely so much more funny.





gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3007


Welt Am Draht


View Profile
October 04, 2019, 10:49:03 AM

^Google translate fail.

Just been reading its posts. I don't think it knows enough English, or any known language, to understand what Google means, let alone translate.
Negotiation
Full Member
***
Offline Offline

Activity: 700
Merit: 120



View Profile WWW
October 04, 2019, 10:58:13 AM

^Google translate fail.

Just been reading its posts. I don't think it knows enough English, or any known language, to understand what Google means, let alone translate.

Yah my every post are not google translate use, every-time posted try make me but sometime i call to help google translate, think so everything may be bad English normally i'm not a native/foreign english writer So everyone saying it use google translate... Cry
tranthidung
Legendary
*
Offline Offline

Activity: 1918
Merit: 3566


Stop Putin! We don't need another Holocaust!


View Profile WWW
October 04, 2019, 11:33:45 AM


I am not a WO citizen, but this is my first time I saw my name in top of most merited users. In reality, I rarely check that statistic page. Thank you for saving it.  Cheesy
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
October 04, 2019, 12:01:01 PM

Congrats to you too !
Pages: « 1 ... 24951 24952 24953 24954 24955 24956 24957 24958 24959 24960 24961 24962 24963 24964 24965 24966 24967 24968 24969 24970 24971 24972 24973 24974 24975 24976 24977 24978 24979 24980 24981 24982 24983 24984 24985 24986 24987 24988 24989 24990 24991 24992 24993 24994 24995 24996 24997 24998 24999 25000 [25001] 25002 25003 25004 25005 25006 25007 25008 25009 25010 25011 25012 25013 25014 25015 25016 25017 25018 25019 25020 25021 25022 25023 25024 25025 25026 25027 25028 25029 25030 25031 25032 25033 25034 25035 25036 25037 25038 25039 25040 25041 25042 25043 25044 25045 25046 25047 25048 25049 25050 25051 ... 32269 »
  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!