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

[becoin]

Why so much resistance to get to 3500 USD? It's only an arbitrary number.

I'm still waiting for my bank transfer to be credited on my exchange account. Once this is done today and respective quantity of bitcoins bought I'll allow it to go higher.

[drbrockcoin]

Hi all

So with a small amount of BTC I want to do margin trading on Bitfinex. Now Im new to trading and maybe this is not the right place for this sort of question but has anyone had any experience doing this on Bitfinex? I am slightly confused about limit stop trailing trades etc. For example I deposit 0.05 BTC into margin account and want to go LONG on BTC so I buy 0.15 BTC worth using margin trading. Now if I want to automatically hace the position closed say once the price reaches a certain target how would I do this? Also is it possible to have a sell price set should the price start to go down and thus protecting me from too much losses. You know before margin account gets liquidated and I lose the 0.05 BTC.

Sorry if this is not the right place for this question. Then again this is more BTC related than some discussions on politics and metals. Not that I dont enjoy those I think it is a good part of the conversation as long as BTC is the main subject but I know some of you people dont like anything off-topic... including trading I guess.

Either way any input is much appreciated.

 

[LFC_Bitcoin]

Why so much resistance to get to 3500 USD? It's only an arbitrary number.

I don't know this either. It wouldn't seem like $3500 is that large of a psychological resistance point either. I'm going to bed tonight hoping to see $3500+ when I wake up in the morning.

I know if I sold one it would shoot up past $3500. Lol.

I rarely sell any ever but every time I have, I think the price has doubled within two weeks.

well you know what has got to be done for the good of bitcoin now....  please sacrifice one coin so we can jump over 3.5k already. 

Haha, yes he should sell RIGHT NOW. The price would then double to near $7000.

[JayJuanGee]

(...) segwit2x hardfork are a lot of the same small group (...)

Small group?

Supporters of the agreement Segwit2x:

1Hash (China)
Abra (United States)
ANX (Hong Kong)
Bitangel.com /Chandler Guo (China)
BitClub Network (Hong Kong)
Bitcoin.com (St. Kitts & Nevis)
Bitex (Argentina)
bitFlyer (Japan)
Bitfury (United States)
Bitmain (China)
BitPay (United States)
BitPesa (Kenya)
BitOasis (United Arab Emirates)
Bitso (Mexico)
Bitwala (Germany)
Bixin.com (China)
Blockchain (UK)
Bloq (United States)
btc.com (China)
BTCC (China)
BTC.TOP (China)
BTER.com (China)
Circle (United States)
Civic (United States)
Coinbase (United States)
Coins.ph (Phillipines)
CryptoFacilities (UK)
Decentral (Canada)
Digital Currency Group (United States)
F2Pool (China)
Filament (United States)
Gavin Andresen (United States)
Genesis Global Trading (United States)
Genesis Mining (Hong Kong)
GoCoin (Isle of Man)
Grayscale Investments (United States)
Guy Corem (Israel)
Jaxx (Canada)
Korbit (South Korea)
Luno (Singapore)
MONI (Finland)
Netki (United States)
OB1 (United States)
Purse (United States)
Ripio (Argentina)
Safello (Sweden)
SFOX (United States)
ShapeShift (Switzerland)
surBTC (Chile)
Unocoin (India)
Vaultoro (Germany)
Veem (United States)
ViaBTC (China)
Wayniloans (Argentina)
Xapo (United States)
Yours (United States)

So, I think that I kind of do get it, at least in terms of the reality of the various ongoing hostile attacks coming from a relatively small, deceptive and hostile camp.

If I did not know what you're talking about, I'd swear you're talking about Core.

It is one thing signing some vague/ambiguous agreement or  "signaling intention" that does not mean anything, or putting some kind of BIP into place that actually causes a commitment.

Sure a lot of these groups agree about segwit, but there is little to no evidence that they actually agree to 1) increasing the blocksize limit 2x without some kind of tried and true software, 2) hardforking bitcoin or 3) changing governance.. .. so to the extent that segwit2x goes beyond mere segwit, it is fucking ass ambiguous and quite unclear who the fuck supports such.  

The market seems to be siding with bitcoin at the moment, and I doubt it has to do with hardforking, or 2x increases or changes in governance, and in fact it seems likely to be optimism regarding segwit and optimism that bitcoin can withstand stupid-ass minority renegade hardfork attempts that at this point seem to be valued at about 8%?  So how the fuck do you recognize support for some contrary to bitcoin when it is only pricing at about 8% from the same nutjobs who are trying to cause some kind of big blocker change to bitcoin?  The market is not going with those nutjobs, it seems to be going with segwit et al, including core's vision of our little friend, aka bitcoin the real one.

[Elwar]

btw...new ATH on finex and stamp

[Dakustaking76]

Also on kraken new ath

[steelboy]

This all seems a bit strange. My original target when we started raising over 1200 was 3500 but now were here I am not really feeling like selling.

Am I being greedy?

Have I just readjusted based on where we are?

Decisions, decisions 

[In the silence]

btw...new ATH on finex and stamp

$3492 but still cannot break that $3500 resistance, maybe someone is making the value below $3400 untill the segwit activated in 2nd week of august.

[Dotto]

Quite shy for a new ATH

[jojo69]

3498 on coinbase, it just doesn't have that "poppin'" power

[ghandi]

i'm surprised that kraken has taken the lead this time.

[orpington]

$3500 on post #350000

[Dotto]

Aaaand its gone

[jojo69]

whelp, I guess I better make some coffee

https://www.youtube.com/watch?v=07Y0cy-nvAg

[phr33]

$3500 on post #350000

Woah! Keep posting like crazy! I want to get to $5000 

[JayJuanGee]

This all seems a bit strange. My original target when we started raising over 1200 was 3500 but now were here I am not really feeling like selling.

Am I being greedy?

Have I just readjusted based on where we are?

Decisions, decisions 

Sell everything the next that it reaches $3500 - the MAXIMUM of your target.

Therefore you MAXIMIZE your original target range!!!!!!

 

[JayJuanGee]

$3500 on post #350000

Don't show that to Torque - he's gonna freak out.

[Wexlike]

3000€ !! 

[Elwar]

Aaaand its gone

Me now 

[spiderbrain]

This all seems a bit strange. My original target when we started raising over 1200 was 3500 but now were here I am not really feeling like selling.

Am I being greedy?

Have I just readjusted based on where we are?

Decisions, decisions 

It's a good price, but the walls look hungry and lots of greedy noises from the financial establishment, so I understand how you're feeling.