Bitcoin Forum
February 22, 2024, 03:26:08 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Nov. 18 closing price:
<$35,000 - 4 (9.1%)
$35,000-$35,500 - 1 (2.3%)
$35,500-$36,000 - 4 (9.1%)
$36,000-$36,500 - 4 (9.1%)
$36,500-$37,000 - 4 (9.1%)
$37,000-$37,500 - 3 (6.8%)
$37,500-$38,000 - 4 (9.1%)
$38,000-$38,500 - 5 (11.4%)
$38,500-$39,000 - 2 (4.5%)
$39,000-$39,500 - 1 (2.3%)
$39,500-$40,000 - 0 (0%)
>$40,000 - 12 (27.3%)
Total Voters: 44

Pages: « 1 ... 25716 25717 25718 25719 25720 25721 25722 25723 25724 25725 25726 25727 25728 25729 25730 25731 25732 25733 25734 25735 25736 25737 25738 25739 25740 25741 25742 25743 25744 25745 25746 25747 25748 25749 25750 25751 25752 25753 25754 25755 25756 25757 25758 25759 25760 25761 25762 25763 25764 25765 [25766] 25767 25768 25769 25770 25771 25772 25773 25774 25775 25776 25777 25778 25779 25780 25781 25782 25783 25784 25785 25786 25787 25788 25789 25790 25791 25792 25793 25794 25795 25796 25797 25798 25799 25800 25801 25802 25803 25804 25805 25806 25807 25808 25809 25810 25811 25812 25813 25814 25815 25816 ... 33043 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26310236 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 1 users with 9 merit deleted.)
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
February 12, 2020, 11:02:59 PM

oh oh ten four. got it
ten four ha ha
1708572368
Hero Member
*
Offline Offline

Posts: 1708572368

View Profile Personal Message (Offline)

Ignore
1708572368
Reply with quote  #2

1708572368
Report to moderator
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1708572368
Hero Member
*
Offline Offline

Posts: 1708572368

View Profile Personal Message (Offline)

Ignore
1708572368
Reply with quote  #2

1708572368
Report to moderator
goldkingcoiner
Legendary
*
Offline Offline

Activity: 1974
Merit: 1556


BTC 100k 2024


View Profile
February 12, 2020, 11:34:26 PM

Bearish RSI swing rejection on the 12H for Bitcoin and RSI bearish divergence for ETH. Are we going dump? I think we are about to dump down to 9ks.

Perhaps you’re right on the short term but longer term I see this spiking to about $20-24k after we will get a larger ‘correction’ dump.

Don’t sell too early.
Oh yes I definitely agree. I am just saying, now looks like the optimal time to close those longs. I am shorting to around 9000-9100 and then longing to Ireallycan'timagine.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 13, 2020, 12:07:07 AM
Merited by JayJuanGee (1)

Shorting bull markets pays poorly. 
JayJuanGee
Legendary
*
Offline Offline

Activity: 3640
Merit: 9807


Self-Custody is a right. Say no to"Non-custodial"


View Profile
February 13, 2020, 12:07:53 AM

That's why I am not going to buy a lambo. Although theoretically I already can buy one almost new 8K km 2019 huracan right now.  Grin I prefer a beach villa for this price.



I did not know that you were a lil fattie, ivomm.    Cheesy Cheesy Cheesy

Yeah in all seriousness I won’t be buying Lambo’s. Imagine how much a car like that depreciates in value over 2-3 years. Yes I know our bitcoin’s will be worth more (presumably) as time goes on but money is money. I don’t like losing money!

I’ll just take a standard Range Rover or something & a huge house Smiley

Seems to me, LFC, that if you play things well, you have enough bitcoin that you might surpass regular richie status and advance into filthy richie status, as long as you do not sell too many of your fiends too soon....

Accordingly, once into "flilthy richie" status, the depreciation factor would no longer be a matter to weigh, and the only things that would be weighed would be: "is it fun" and/or "does it add to status".
Icygreen
Legendary
*
Offline Offline

Activity: 1463
Merit: 1135



View Profile
February 13, 2020, 12:16:24 AM
Merited by Lambie Slayer (1)

More from the FED, J. Powell clarifies the way forward with more QE. Meanwhile, repo market bailouts are still 'not QE'.  Roll Eyes
https://www.marketwatch.com/story/powell-says-fed-will-aggressively-use-qe-to-fight-next-recession-2020-02-12

Despite Trumps claims that jobs are booming in the USA, Job openings declining fastest since the 2008 crisis.
https://finance.yahoo.com/news/job-openings-decline-at-fastest-pace-since-2009-morning-brief-110424198.html

Also, USA credit card debt hits an all time record high
https://www.pymnts.com/debt/2020/us-credit-card-debt-hits-all-time-high-of-930b-delinquencies-rise/

USA household debt also at ATH
https://currentaffairsonline.co.uk/2020/02/12/household-debt-hits-record-high-of-14-1-trillion/

On a positive note (sarc), the economy will not feel a recession this summer and consumer lifestyles will remain priority. Yeah, lets refinance the house and go shopping with the credit card!  Roll Eyes
Lambie Slayer
Hero Member
*****
Offline Offline

Activity: 994
Merit: 707



View Profile
February 13, 2020, 12:34:28 AM

https://www.cnbc.com/2020/02/12/cdc-prepares-for-coronavirus-to-take-a-foothold-in-the-us.html?__source=sharebar|twitter&par=sharebar


Top CDC official says US should prepare for coronavirus ‘to take a foothold’


Fed gonna want to print a lot more money.


Buy Bitcoin and defund the govy boyz who wrongly try to use money printing as a panacea.
goldkingcoiner
Legendary
*
Offline Offline

Activity: 1974
Merit: 1556


BTC 100k 2024


View Profile
February 13, 2020, 12:36:09 AM

Shorting bull markets pays poorly.  

Lol yeah it does. But shorting the top of a pump still pays as long as you don't get too greedy. No way the RSI is going to stay at that overbought level for long. I am amazed it stayed this long.
eddie13
Legendary
*
Offline Offline

Activity: 2296
Merit: 2262


BTC or BUST


View Profile
February 13, 2020, 12:43:56 AM

https://www.cnbc.com/2020/02/12/cdc-prepares-for-coronavirus-to-take-a-foothold-in-the-us.html?__source=sharebar|twitter&par=sharebar
Top CDC official says US should prepare for coronavirus ‘to take a foothold’

Coronavirus Cases:
60,161

https://www.worldometers.info/coronavirus/

Coronavirus live updates: China’s Hubei reports 14,840 new cases, 242 additional deaths
https://www.cnbc.com/2020/02/13/coronavirus-latest-updates-china-hubei.html




Oh shit...
JayJuanGee
Legendary
*
Offline Offline

Activity: 3640
Merit: 9807


Self-Custody is a right. Say no to"Non-custodial"


View Profile
February 13, 2020, 12:48:09 AM
Merited by vapourminer (1), LUCKMCFLY (1)

I don't think it is a good idea to spend your money on luxury stuff before you think a way to make passive income first. $1m is only good for a house, starting a business and a cheap car. $2m is not really much different than having $1m. Maybe a slightly bigger house, still not a too expensive car but a better business and more chances to fail and retry.

Personally, I like to consider $2million to be pretty damned close to twice as much as $1million, and really, if we are considering how much money we need to survive or to say fuck you, there can be a pretty BIG ass difference between $2million and $1million.

Of course, our simple traditional formula allows for some presumptions that any principle amount should allow you to approximate getting a 4% per year return on such amount, so $1 million should be able to generate you with $3,333 per month in passive income and $2million is going to generate you about $6,667 in passive income per month.

I think that there is a pretty BIG difference between the two, and sure you can get by with $3,333 per month, especially since it is passive income, but $6,667 is going to feel a whole hell of a lot better and even allow you to buy much nicer things for yourself, especially if you delay in gratifications.

I think that another factor  that any of us has to be considering whenever we are trying to figure out whether we have enough value to live off of the passive income without depleting our principle is the value of our assets at the low of the market (we should not be measuring the value of our assets from peaks or from some kind of average or any of that bullshit... we need to focus largely on the most likely worser scenarios of the lows).

If we are measuring bitcoin by itself and without any other assets, then we are engaging in additional risk that seems to be focused too much on one asset, but for the sake of argument, if we are focusing only on the value of bitcoin and its worser case scenario as a low, I believe that currently we could approximately calculate $5k to be our worser case low.

Yeah, I might be wrong by a bit, and nothing is 100% sure, but $5k, as our current worser case scenario low seems relatively safe. 

So, if $5k is our low, then we would need to have at least 200BTC to be comfortable with a goal of a $1million dollar holdings or 400BTC with a goal of a minimum of $2million.

Of course, with the passage of time, we are likely going to be able to move up our "worser case scenario" perspective, and therefore we won't need as many bitcoin in order to feel comfortable transitioning into purely living off of the passive income depending on our targeted amount that we believe is minimally enough to live comfortably and within our expected standards.

If you have assets other than bitcoin, then your calculations are going to come out a bit different in terms of the total size that is necessary for your bitcoin holdings, but in any case I believe that 4% does remain a pretty safe amount as long as you are calculating with the worser case scenarios in mind.



You get the idea.

I'd never spend my hard earned cash on these too luxury stuff unless I got them nearly for free. The money you get by hodling bitcoin is not free money. You are getting paid for the risk you took.

Exactly!!!!!!  Takes a long fucking time to build up assets to a level in which you feel that it is sufficient to transition into fuck you status... which may or may not include the consumption of luxury items.
JayJuanGee
Legendary
*
Offline Offline

Activity: 3640
Merit: 9807


Self-Custody is a right. Say no to"Non-custodial"


View Profile
February 13, 2020, 12:58:17 AM

Are there any websites one could use to watch the buy and sell walls of multiple major exchanges? Such as an aggregate of coinbase, binance, bitstamp, bitfinex, bitmex, etc? It would be nice to have a visual of all of the major canyons at once. Thanks!

Yes... The page on this website works pretty good (and I think that it has only been around for a few months.. you can see it is labelled as a "new" feature:

https://data.bitcoinity.org/markets/books/all#

You can also highlight on specific exchanges too, or change your focus to certain currencies.


Edit:

Are there any websites one could use to watch the buy and sell walls of multiple major exchanges? Such as an aggregate of coinbase, binance, bitstamp, bitfinex, bitmex, etc? It would be nice to have a visual of all of the major canyons at once. Thanks!

This is pretty good https://data.bitcoinity.org/markets/books/USD

fluidjax beat me
BitcoinNewsMagazine
Legendary
*
Offline Offline

Activity: 1806
Merit: 1164



View Profile WWW
February 13, 2020, 01:19:28 AM

Bearish RSI swing rejection on the 12H for Bitcoin and RSI bearish divergence for ETH. Are we going dump? I think we are about to dump down to 9ks.

Look at a longer term chart. Weekly RSI is 63 not overbought yet. Price is starting to walk the weekly upper BBand which is expanding and the weekly 20 MA is turning up. We still have upside momentum IMO.
HI-TEC99
Legendary
*
Offline Offline

Activity: 2772
Merit: 2846



View Profile
February 13, 2020, 02:08:42 AM

https://www.cnbc.com/2020/02/12/cdc-prepares-for-coronavirus-to-take-a-foothold-in-the-us.html?__source=sharebar|twitter&par=sharebar
Top CDC official says US should prepare for coronavirus ‘to take a foothold’

Coronavirus Cases:
60,161

https://www.worldometers.info/coronavirus/

Coronavirus live updates: China’s Hubei reports 14,840 new cases, 242 additional deaths
https://www.cnbc.com/2020/02/13/coronavirus-latest-updates-china-hubei.html




Oh shit...


China changed the way it counts cases, so it looks like there's been a massive jump.

https://au.news.yahoo.com/china-virus-death-toll-tops-1-100-cases-042819383--spt.html

Quote
The number of deaths and new cases from China's coronavirus outbreak spiked dramatically on Thursday after authorities changed the way they count infections
lightfoot
Legendary
*
Offline Offline

Activity: 3052
Merit: 2199


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


View Profile
February 13, 2020, 02:49:43 AM

Still it's running way behind that original chart we had up here last week.
LUCKMCFLY
Legendary
*
Offline Offline

Activity: 2338
Merit: 1838


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
February 13, 2020, 02:59:11 AM

Great content of this article...

Zombie Crypto Coins Beat Bitcoin During This Year’s Resurgence
Quote
The bursting of the crypto bubble was supposed to be the end for thousands of coins that sprung up in the wake of Bitcoin’s staggering success. But that hasn't happened

Twitter: https://twitter.com/technology/status/1227782697281576962

Quote
“Quarantines have kept millions of people isolated and forced digital-asset traders and investors to stay at home and trade digital assets from their mobile devices,” Ozden said. “This has led more traditional investors to look at digital assets as a viable diversification in their portfolio against the continued downward pressure in the region’s markets.”

Source: https://www.bloomberg.com/news/articles/2020-02-12/zombie-crypto-coins-beat-bitcoin-during-this-year-s-resurgence?utm_source=twitter&utm_content=tech&utm_campaign=socialflow-organic&cmpid%3D=socialflow-twitter-tech&utm_medium=social
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3920
Merit: 2347


Eadem mutata resurgo


View Profile
February 13, 2020, 03:02:46 AM

Still it's running way behind that original chart we had up here last week.

 Cheesy Cheesy .. still believes CCP data  Roll Eyes
lightfoot
Legendary
*
Offline Offline

Activity: 3052
Merit: 2199


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


View Profile
February 13, 2020, 03:15:28 AM

Honestly: How many dead are we supposed to have tomorrow?
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3920
Merit: 2347


Eadem mutata resurgo


View Profile
February 13, 2020, 03:30:44 AM

Honestly: How many dead are we supposed to have tomorrow?

it depends ... did the CCP bet on the markets going up or down last night?
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 13, 2020, 03:50:15 AM
Merited by vapourminer (1)

Honestly: How many dead are we supposed to have tomorrow?

Depends if the authorities change the way they count the dead
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 13, 2020, 03:55:29 AM
Merited by Paashaas (1)

Stats to watch:





2 new cases but significant decrease in cases under investigation.



2 new cases, 10% increase in cases under investigation.  Not a great sign.



Three new cases. Cases under investigation have almost tripled overnight, but only 30% up on previous high.   Some new cases have not yet been linked with existing cases, suggesting hidden transmission in the community.



16% in critical condition. 

Quote
To date, a total of 15 cases have fully recovered from the infection and have been discharged from hospital. Of the 35 confirmed cases who are still in hospital, most are stable or improving. Eight are in critical condition in the intensive care unit.

https://www.moh.gov.sg/news-highlights/details/six-more-cases-discharged-three-new-cases-of-covid-19-infection-confirmed
Icygreen
Legendary
*
Offline Offline

Activity: 1463
Merit: 1135



View Profile
February 13, 2020, 04:02:53 AM
Merited by marcus_of_augustus (10), suchmoon (7), Cryptotourist (1)

Bearish RSI swing rejection on the 12H for Bitcoin and RSI bearish divergence for ETH. Are we going dump? I think we are about to dump down to 9ks.
I'm don't think we're in overbought territory yet however I'm no trader and this will be SOMA but something tells me we have quite a bit more up to go before settling on a price range. Perhaps around 13K would be my guess.
Mayer multiple bands paint a similar view as long as sentiment remains bullish and team Trump doesn't drop a bomb on crypto this coming week.
https://digitalik.net/btc/mayer_bands#
The upper side of the yellow band which we've just entered is a bit over 15K.

Pages: « 1 ... 25716 25717 25718 25719 25720 25721 25722 25723 25724 25725 25726 25727 25728 25729 25730 25731 25732 25733 25734 25735 25736 25737 25738 25739 25740 25741 25742 25743 25744 25745 25746 25747 25748 25749 25750 25751 25752 25753 25754 25755 25756 25757 25758 25759 25760 25761 25762 25763 25764 25765 [25766] 25767 25768 25769 25770 25771 25772 25773 25774 25775 25776 25777 25778 25779 25780 25781 25782 25783 25784 25785 25786 25787 25788 25789 25790 25791 25792 25793 25794 25795 25796 25797 25798 25799 25800 25801 25802 25803 25804 25805 25806 25807 25808 25809 25810 25811 25812 25813 25814 25815 25816 ... 33043 »
  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!