Bitcoin Forum
January 20, 2020, 08:59:38 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 0 (0%)
$20,000-$49,999 - 0 (0%)
$50,000-$99,999 - 3 (100%)
$100,000-$149,999 - 0 (0%)
$150,000-$199,999 - 0 (0%)
$200,000-$249,999 - 0 (0%)
$250,000-$299,999 - 0 (0%)
$300,000-$350,000 - 0 (0%)
>$350,000 - 0 (0%)
Total Voters: 3

Pages: « 1 ... 25418 25419 25420 25421 25422 25423 25424 25425 25426 25427 25428 25429 25430 25431 25432 25433 25434 25435 25436 25437 25438 25439 25440 25441 25442 25443 25444 25445 25446 25447 25448 25449 25450 25451 25452 25453 25454 25455 25456 25457 25458 25459 25460 25461 25462 25463 25464 25465 25466 25467 [25468] 25469 25470 25471 25472 25473 25474 25475 25476 25477 25478 25479 25480 25481 25482 25483 25484 25485 25486 25487 25488 25489 25490 25491 25492 25493 25494 25495 25496 25497 25498 25499 25500 25501 25502 25503 25504 25505 25506 25507 25508 25509 25510 25511 25512 25513 25514 25515 25516 25517 25518 ... 25869 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21497773 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. (138 posts by 32 users deleted.)
lightfoot
Legendary
*
Offline Offline

Activity: 2100
Merit: 1196


I fix broken miners. And make holes in teeth :-)


View Profile
November 22, 2019, 07:19:45 PM
Merited by infofront (1)

Note to self: Be careful what you wish for....

1579553978
Hero Member
*
Offline Offline

Posts: 1579553978

View Profile Personal Message (Offline)

Ignore
1579553978
Reply with quote  #2

1579553978
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1078
Merit: 1739


Degenerate bull hatter & Bitcoin monotheist


View Profile
November 22, 2019, 07:20:44 PM

Bridgewater putting on $1.5B option trade betting on market decline by March 2020.

https://www.wsj.com/articles/bridgewater-bets-big-on-market-drop-11574418601?redirect=amp#click=https://t.co/xyiKN6jA3v

There is a paywall on that article, so I am posting another link here:

Bridgewater bets more than 1 billion on global equity pullback by March

The key takeaway is the following:

Quote
Bridgewater paid roughly $1.5 billion for the options contracts, or just about 1% of the Westport, Conn., firm’s $150 billion in assets under management, according to people familiar with the matter.

This means they bought a lottery ticket, paying 1.5 Billion, to hedge their long exposure of 150 Billions with a short one of around 100 billion (this is something I read elsewhere behind other paywalls, so you have to trust me).  This 100 billion short insurance will be effective at lower market level.
So, probably, it is only a way to avoid too heavy losses in case of a significant drop in the market.








It’s a good move.  If the market crashes they win.  If the market rallies they win.

If the market stays flat, they lose a small amount. But it seems unlikely to stay flat.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1078
Merit: 1739


Degenerate bull hatter & Bitcoin monotheist


View Profile
November 22, 2019, 07:37:39 PM

Are the weak hands out yet?

Price rising....$7,329

My TA says we need to suffer for a while longer. 
LFC_Bitcoin
Legendary
*
Online Online

Activity: 1960
Merit: 2538


One of the world's leading Bitcoin-powered casinos


View Profile
November 22, 2019, 07:43:18 PM

Are the weak hands out yet?

Price rising....$7,329

My TA says we need to suffer for a while longer. 

Damn it HM, wellI bought quite a lot this week. I’m out powder until mid next week.
Biodom
Legendary
*
Offline Offline

Activity: 2198
Merit: 1380



View Profile
November 22, 2019, 07:43:18 PM

Bridgewater putting on $1.5B option trade betting on market decline by March 2020.

https://www.wsj.com/articles/bridgewater-bets-big-on-market-drop-11574418601?redirect=amp#click=https://t.co/xyiKN6jA3v

There is a paywall on that article, so I am posting another link here:

Bridgewater bets more than 1 billion on global equity pullback by March

The key takeaway is the following:

Quote
Bridgewater paid roughly $1.5 billion for the options contracts, or just about 1% of the Westport, Conn., firm’s $150 billion in assets under management, according to people familiar with the matter.

This means they bought a lottery ticket, paying 1.5 Billion, to hedge their long exposure of 150 Billions with a short one of around 100 billion (this is something I read elsewhere behind other paywalls, so you have to trust me).  This 100 billion short insurance will be effective at lower market level.
So, probably, it is only a way to avoid too heavy losses in case of a significant drop in the market.


Yes, that's just hedging.
I would be much more interested in knowing what Universa is up to.
becoin
Legendary
*
Offline Offline

Activity: 2548
Merit: 1056



View Profile
November 22, 2019, 07:48:40 PM

Who sold at the bottom? Thanks for the cheap coins!
El duderino_
Legendary
*
Online Online

Activity: 938
Merit: 3272


Bitcointalk, where moral and ethical people post!


View Profile
November 22, 2019, 07:48:50 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



avatar-sized



Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed

https://bitcointalk.org/index.php?topic=5203697.0

It’s very appropriate for here
Indymoney
Member
**
Offline Offline

Activity: 462
Merit: 18


View Profile
November 22, 2019, 07:49:31 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



avatar-sized



Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed
Very nice love to be have this but cannot affored  Sad
El duderino_
Legendary
*
Online Online

Activity: 938
Merit: 3272


Bitcointalk, where moral and ethical people post!


View Profile
November 22, 2019, 07:49:45 PM

Who sold at the bottom? Thanks for the cheap coins!


For me you are one of my favorite bulls sir ..... glad to be posting in the same thread with you!
El duderino_
Legendary
*
Online Online

Activity: 938
Merit: 3272


Bitcointalk, where moral and ethical people post!


View Profile
November 22, 2019, 07:51:02 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



avatar-sized



Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed
Very nice love to be have this but cannot affored  Sad

Write us some good stuff and you will be wearing one faster as you think Wink
Indymoney
Member
**
Offline Offline

Activity: 462
Merit: 18


View Profile
November 22, 2019, 07:52:51 PM

Happy birthday to you!
Happy birthday to you!
Happy birthday dear bitcointalk.org...



avatar-sized



Happy birthday to yooooooooou!


edit: missed it by 12 minutes  Embarrassed
Very nice love to be have this but cannot affored  Sad

Write us some good stuff and you will be wearing one faster as you think Wink
Good point now trying to involve too much for this cap as its touching my heart  Cheesy
gembitz
Sr. Member
****
Offline Offline

Activity: 1134
Merit: 357


*Brute force will solve any Bitcoin problem*


View Profile
November 22, 2019, 07:55:33 PM

$7500 dry powderrrrr boom!! :-D gogogo
vroom
Sr. Member
****
Offline Offline

Activity: 882
Merit: 326


a Cray can run an endless loop in under 4 hours


View Profile
November 22, 2019, 07:59:27 PM

$7500 dry powderrrrr boom!! :-D gogogo

no weeee? Who are you and what did you do with gembitz?
Indymoney
Member
**
Offline Offline

Activity: 462
Merit: 18


View Profile
November 22, 2019, 08:00:28 PM

$7500 dry powderrrrr boom!! :-D gogogo

gembitz
Sr. Member
****
Offline Offline

Activity: 1134
Merit: 357


*Brute force will solve any Bitcoin problem*


View Profile
November 22, 2019, 08:02:26 PM

$7500 dry powderrrrr boom!! :-D gogogo

no weeee? Who are you and what did you do with gembitz?



 Kiss

weee
Lambie Slayer
Sr. Member
****
Offline Offline

Activity: 434
Merit: 409



View Profile
November 22, 2019, 08:06:53 PM
Merited by infofront (5), nutildah (2)

Hopefully 6400 will have a shot, but the speed down is brutal and the volume is still sad and longing for the Bargain Boyz to return.

If 6400 doesnt hold I dont see how we dont get to at least as low as 5200. That should be a compelling price even for the stingy, cold and calculating Bargain Boyz.

Damn Lambie, I have to say I'm pretty impressed with the general gist of your calls over the last couple of months. Your bearish leanings have been vindicated.

The Bargain Boyz attempting to pick up just north of $7k have thus proven themselves to not be very good at their profession. The real Bargain Boyz will only be known to us after they have already picked up. The art of identifying the steep dollar-store bargain as its happening is one that is difficult to master.



Sir take my last 4 merits. The obvious truths are hardest to see through a cloud of bias and neediness and I commend you for having vision to pierce through that miasma. The bubble to 14k while it was spectacularly surprising and not obvious in its rise, was destined for an obvious fall if you were impartial to the circumstances.

This impartiality is exceedingly difficult for people who have not invested enough. This is counterintuitive so I will explain what I mean.

The general dollar store advice is that if you are biased and stressed about your investment you have invested too much, while this is true, even with Bitcoin, the opposite is also true when it comes to King Bitcoin. It is such a good investment that true bias and stress comes from investing a large amount, but the amount not being large enough.

When you take your investment level to ridiculous extremes in percent of your net worth you become free of worry because you are forced to accept the fact that it could all go to zero and you will be wiped out in savings. As you deal with and accept this possibility early you realize that you are part of a cause greater than yourself and hypothetical losses in the future are inconsequential.

This same phenomena is why you see children with cancer who may not survive enjoying life while their family freaks out and is sad all the time. The child is all in, while the parents are just heavily invested. The child is forced to accept the potential of his death and he becomes ok with it, the parents worry and stress the whole time.  

So the only stress free way I know of to invest in King Bitcoin is to go virtually all in.

Any other option is where the worry can get you and the bias can cloud your judgement.

Raja_MBZ
Legendary
*
Offline Offline

Activity: 1456
Merit: 1189


When over $9000?


View Profile
November 22, 2019, 08:34:01 PM

I'm not expecting ~$9000 support level to break down, but if it actually does break down, $6000 ain't out of cards.




Whoaza Raja.

You seem to be a bit ahead of yourself, and yes I do agree that there should be some decent support at $9k, but there should also be some decent support in the $8k to $8.5k range too, no?

Hmmm... from a bird's eye view at the late-2017 to 2019 price chart, it doesn't really seem like that $7xxx-$8xxx are the levels which can prove to be strong (as both, support and resistance). I know this is a very big range of values, but that's just how I look at it! Lips sealed

Tested $6xxx support today. The next few days are critical.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1078
Merit: 1739


Degenerate bull hatter & Bitcoin monotheist


View Profile
November 22, 2019, 08:43:23 PM

lol China bans bitcoin

https://uk.reuters.com/article/china-blockchain-shanghai/pboc-shanghai-hq-says-to-crack-down-on-cryptocurrency-trading-idUKB9N251022
bitcoinPsycho
Sr. Member
****
Online Online

Activity: 910
Merit: 305


$100,000 BTC in one hour🍄💊


View Profile
November 22, 2019, 08:43:43 PM

I like to be a bull and i was one the biggest bulls when it was the time for it. But when it couldn't go through 11k it made a new choice and a new direction. Another thing which i don't like much here is too many hopium charts which don't show things realistically. The third and the bigest thing which i don't like here is that if you are reallistic it's not well accepted here, unless you're bullish.

I'm a hodler too but i try not to be in some kind of a fantasy world.
$10000 bitcoin in one hour.


























Dyor
Raja_MBZ
Legendary
*
Offline Offline

Activity: 1456
Merit: 1189


When over $9000?


View Profile
November 22, 2019, 08:50:46 PM

Pages: « 1 ... 25418 25419 25420 25421 25422 25423 25424 25425 25426 25427 25428 25429 25430 25431 25432 25433 25434 25435 25436 25437 25438 25439 25440 25441 25442 25443 25444 25445 25446 25447 25448 25449 25450 25451 25452 25453 25454 25455 25456 25457 25458 25459 25460 25461 25462 25463 25464 25465 25466 25467 [25468] 25469 25470 25471 25472 25473 25474 25475 25476 25477 25478 25479 25480 25481 25482 25483 25484 25485 25486 25487 25488 25489 25490 25491 25492 25493 25494 25495 25496 25497 25498 25499 25500 25501 25502 25503 25504 25505 25506 25507 25508 25509 25510 25511 25512 25513 25514 25515 25516 25517 25518 ... 25869 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!