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

[WeltMaster]

Can't place new bfx orders now.

Any word on exactly what went wrong?

[peonminer]

Bitfinex seems to be back to normal for now.
I am seriously thinking about closing my positions and getting my coins off the exchange.
The last time I got burned by an exchange, I lost over $30k. I am not about to repeat that mistake.
I dunno. Whadda you guys think?

If you're not day trading, then keep your coins in your wallet.

Somebody who lost 30 grand would not be asking this forum what to do.  

Yep... hahahahahaha      

seems kinda  1)   troll-ish, 2) made up or 3) retarded  

Or 4) a kid who thinks being a trader is cool.  

That would fall under the category of "retarded."    

[ChartBuddy]

Coin



Explanation

[r0ach]

Federal Reserve pumping Bitcoin on December 16, 2015

https://bitcointalk.org/index.php?topic=1289693.0

[Fiat_Hodler]

and reddit is down...

[criptix]

what happened at coinbase?

are teh chinese buying bitcoins there now?  

[peonminer]

[billyjoeallen]

Well, this sucks. I really thought $450 would hold. It's a good thing I'm only paying 1/18th as much interest on my short as the longs are paying.

It's a good thing I still have my cold storage stash. I'm thinking there is a real possibility I'm going to get margin called at >800. Less than 50/50, but enough to get me worried.

[podyx]

Well, this sucks. I really thought $450 would hold. It's a good thing I'm only paying 1/18th as much interest on my short as the longs are paying.

It's a good thing I still have my cold storage stash. I'm thinking there is a real possibility I'm going to get margin called at >800. Less than 50/50, but enough to get me worried.

You better pepper up

[peonminer]

Well, this sucks. I really thought $450 would hold. It's a good thing I'm only paying 1/18th as much interest on my short as the longs are paying.

It's a good thing I still have my cold storage stash. I'm thinking there is a real possibility I'm going to get margin called at >$800. Less than 50/50, but enough to get me worried.

BULLISH  

Don't worry, I'll close my long at $790. 

[r0ach]

Well, this sucks. I really thought $450 would hold. It's a good thing I'm only paying 1/18th as much interest on my short as the longs are paying.

It's a good thing I still have my cold storage stash. I'm thinking there is a real possibility I'm going to get margin called at >800. Less than 50/50, but enough to get me worried.

You made the mistake of assuming someone who puts up multiple $2 million sell walls on several different exchanges in the exact same position wants the price of Bitcoin to go down even though they own millions of dollars worth of it.

[marcus_of_augustus]

https://bitcoinity.org/markets/localbitcoins/USD

[marcus_of_augustus]

Somebody who lost 30 grand would not be asking this forum what to do.  

Yep... hahahahahaha      

seems kinda  1)   troll-ish, 2) made up or 3) retarded  

Or 4) a kid who thinks being a trader is cool.  

That would fall under the category of "retarded."    

Call me a liar all you want, it doesn't change the fact that I have been in this game since 2011. I mined over 3000 bitcoins with the array in this video. I am the owner of the ROBOT-ARMY, which was in the top 10 mining arrays on deepbit. I was running 14GH in 2011.
Why does it surprise you that someone that lost 30k on a bogus exchange would be here. In bitcoin world, 30k is peanuts.
https://www.youtube.com/watch?v=-mR_V90AgL4

Nobody here is calling you liar.

Its just your attitude that is very competitive and arrogant that doesn't seem to fit others. Including me.

How much nicer can I put it?

... when you've been through the crap and had the FUD thrown at you we have bringing bitcoin into the world you'd have some attitude too ... 14GH in 2011 is pretty respectable, i knew i liked this guy.

bitcoin ain't for wimps, never has been.

[aztecminer]

Bitfinex seems to be back to normal for now.
I am seriously thinking about closing my positions and getting my coins off the exchange.
The last time I got burned by an exchange, I lost over $30k. I am not about to repeat that mistake.
I dunno. Whadda you guys think?

the entire crypto-currency world is starting to smell.. trust your instincts... mine tell me to hold my cash and buy metals right now.... there is something up. i'm not going to buy into the pump hype. i already hit them with a big defeat. i got bitcoins too.. if ripple dies... oh well not my fault. too bad so sad... ripples exchange is going DOWN. u got literaly one month get ur stuff out of ripple exchange or "you wont be able to access it."... sounds like a money grab to me.

[Sturgeon]

http://www.newsbtc.com/2015/12/14/bitcoin-price-to-rocket-past-500-by-end-of-december/
WE will hit $500 again  
december is best market for me

[JayJuanGee]

{snip}
 
I am not here for attention, but if I were, your full page rant with giant purple letters would be just what I was looking for.
Anyone that knows jack shit about Bitcoin is long term bullish, so don't pat yourself on the back for that one.
I am here to talk about economic speculation of Bitcoin in a way that will help me improve my positions as I experiment with day trading.
I probably won't be doing it much longer after the bs that bitfinex is pulling right now. As soon as the trading engine unfucks itself, I am closing my positions and getting my coins off the exchange.

I am glad that you may be capable of some genuine back and forth discussion concerning substantive topics around the BTC topic.


Regarding bitfinex, I don't know where you are at, but that exchange certainly is not the only exchange or method of trading BTC...   

As many of us have recognized, that exchange had some issues a few months ago, so there was considerable increased risk to play on their platform... and accordingly they are not exactly the most awe-inspiring of the exchanges. 

hopefully, you can get your coins off of their exchange and allocate your risks a bit better with some trading/exchange system that is better... that is if you consider trading or continuing to trade.

I don't claim to trade too much, even though I have many more trading capabilities in place and some of my BTC positioning does sometimes allow for and even call for increased BTC trading in order to  protect and/or enhance my holdings and/or position.  To me, it is kind of seeming like the more coins you accumulate, the more likely that your trading activities are going to increase... possibly trading also comes, somewhat with having a BTC portfolio that's in the black.

Actually, I want to comment a little further in response to your below comment - that I also bolded above.



>>>>>>>>Anyone that knows jack shit about Bitcoin is long term bullish, so don't pat yourself on the back for that one.<<<<<


Even though you are probably being a bit disingenuous in your comment, and unnecessarily hostile in acting as if bitcoin has been in an obvious and ongoing bull market. 

This supposed "obvious and ongoing bull market" is only a recent development in bitcoinlandia, and even a few bears are still fighting such changed trend a little bit, even though quite a few of even the more hardened ones are recognizing the trend as reversed..

I don't really feel that it is necessary or even fruitful for me to substantiate my position in this matter - even given you the benefit of the doubt that you may merely be a dumb and a bit of a wanna-be precocious kid.  In essence, part of my point is that it was not too fashionable to be a bull - even a few months ago.. and many previous bulls dropped out, and only recently are either jumping on the bitcoin train or considering jumping back on.

[peonminer]

[jbreher]

If I lose a bunch of money on a bogus exchange again, I will quit bitcoin for good.
This shit is fucking unacceptable.

What on earth could the anonymous owners of BFX have to gain by pocketing your cash?

Oh.

Yeah.

If you are not the sole controller of the keys, you don't really own that bitcoin. Hard lesson that each person seems to need to learn through negative reinforcement.

[brg444]

nice little fight at 3000

[JayJuanGee]

Bitfinex seems to be back to normal for now.
I am seriously thinking about closing my positions and getting my coins off the exchange.
The last time I got burned by an exchange, I lost over $30k. I am not about to repeat that mistake.
I dunno. Whadda you guys think?

If you're not day trading, then keep your coins in your wallet.

Somebody who lost 30 grand would not be asking this forum what to do.  

Yep... hahahahahaha      

seems kinda  1)   troll-ish, 2) made up or 3) retarded  

Or 4) a kid who thinks being a trader is cool.  

That would fall under the category of "retarded."    

Call me a liar all you want, it doesn't change the fact that I have been in this game since 2011. I mined over 3000 bitcoins with the array in this video. I am the owner of the ROBOT-ARMY, which was in the top 10 mining arrays on deepbit. I was running 14GH in 2011.
Why does it surprise you that someone that lost 30k on a bogus exchange would be here. In bitcoin world, 30k is peanuts.
https://www.youtube.com/watch?v=-mR_V90AgL4

For having all of that supposed experience, you ask a lot of dumb questions, and you also bring up a lot of dumb topics in apparent attempt to make everything about yourself.  If you want to contribute to the dialogue with your various experiences, then do it. 

It does not seem very relevant or necessary to list of any of your supposed credentials to which they may exist except maybe to the extent that experiences around such
credentials may relate to some topic at hand...

so hopefully you can stay focused long enough to contribute to the topics of the thread without becoming too emotional in your various outbursts.