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

[600watt]

single digits tomorrow

let us bet. 0.5 btc that it will not close below $10k on stamp by midnight.

Single digits, not single Ks.

then let´s bet 10 btc that this will not happen.

[criptix]

How does btc futures arbitrage work, if a btc future is a limitless imaginary cash settled game that cant leave the account of the owner? Its like betting on horses. Im less bullish on this after learning how it works. The public isnt really getting exposure to bitcoin at all.

Its actually a way to keep all the traders OUT of the real bitcoin ecosystem, and dumping billions of imaginary bitcoins for them to hold instead, so we have less real market cap. bearish

Future Contracts Arbitrage 101:

https://blog.bitmex.com/how-to-arbitrage-bitcoin-futures-vs-spot/

https://austeritysucks.com/swapmans-futures-arbitrage-walkthrough.html

[TERA2]

How does btc futures arbitrage work, if a btc future is a limitless imaginary cash settled game that cant leave the account of the owner? Its like betting on horses. Im less bullish on this after learning how it works. The public isnt really getting exposure to bitcoin at all.

Its actually a way to keep all the traders OUT of the real bitcoin ecosystem, and dumping billions of imaginary bitcoins for them to hold instead, so we have less real market cap. bearish

Future Contracts Arbitrage 101:

https://blog.bitmex.com/how-to-arbitrage-bitcoin-futures-vs-spot/

https://austeritysucks.com/swapmans-futures-arbitrage-walkthrough.html

This is on Bitmex which is bitcoin settled, CBOE and CME will be cash settled.

[Karartma1]

These have been the 4 most exciting Bitcoin days of my life

[Searing]

April 16th 2013. When this thread started. The olden days....chart shows BTC at $67.43

The mind boggles.....

*just to add a bit of clarity to this roller coaster ride since*


https://bitcointalk.org/index.php?topic=178336.msg1858442#msg1858442


sigh....

[criptix]

How does btc futures arbitrage work, if a btc future is a limitless imaginary cash settled game that cant leave the account of the owner? Its like betting on horses. Im less bullish on this after learning how it works. The public isnt really getting exposure to bitcoin at all.

Its actually a way to keep all the traders OUT of the real bitcoin ecosystem, and dumping billions of imaginary bitcoins for them to hold instead, so we have less real market cap. bearish

Future Contracts Arbitrage 101:

https://blog.bitmex.com/how-to-arbitrage-bitcoin-futures-vs-spot/

https://austeritysucks.com/swapmans-futures-arbitrage-walkthrough.html

This is on Bitmex which is bitcoin settled, CBOE and CME will be cash settled.

The arb process is the same, only that in the end you will get $ instead of bitcoins (which is better for fiat people, because they gonna save a bit regarding fees).

[spiderbrain]

April 16th 2013. When this thread started. The olden days....chart shows BTC at $67.43

The mind boggles.....

*just to add a bit of clarity to this roller coaster ride since*


https://bitcointalk.org/index.php?topic=178336.msg1858442#msg1858442


sigh....

Oh, you got me all nostalgic!

[orpington]

price explosion soon.

Brace yourselves accordingly.

[ghandi]

Yeah, we need to start to correct the correction. Upwards of course

[600watt]

the silence of the lambos.

[HairyMaclairy]

WHOA!!

price = current year!!!

I took a trip down memory lane way back to May 2017.

[RayX12]

Look like everything is on hold until traders realize that the futures market has no effect on price.  Maybe some time later when leveraging is increased from 2.2X to 100X there could be incentive to manipulate the markets.  For now I think the accumulation will continue.  25K, 50K soon..

[BTCMILLIONAIRE]

Look like everything is on hold until traders realize that the futures market has no effect on price.  Maybe some time later when leveraging is increased from 2.2X to 100X there could be incentive to manipulate the markets.  For now I think the accumulation will continue.  25K, 50K soon..

Yeah I found it quite peculiar that people seem to care that much about the futures. I had to double check to make sure that I didn't miss something, but there's just no reason why futures should matter to Bitcoin other than creating more interest and hence fortifying a bullish signal. Can't really expect much sanity from such a massive gold rush though I suppose.

[Rosewater Foundation]

Ok I’m calling bottom for today.

Eastern standard time? Tomorrow is 20 minutes from now.

Well that was the bottom for the next 12 hours no matter what time zone you are in, how about that?

So I can sleep late. Sweet!

Sweet dreams don’t let the gold bugs bite

Why not? Gold can be fun too.

Too heavy.

[HairyMaclairy]

Arent you supposed to be asleep ?

[Rosewater Foundation]

Arent you supposed to be asleep ?

I had to pee.

[HairyMaclairy]

Go back to bed you lazy fuck !

[MadAndHoldersPattern]

Look like everything is on hold until traders realize that the futures market has no effect on price.  Maybe some time later when leveraging is increased from 2.2X to 100X there could be incentive to manipulate the markets.  For now I think the accumulation will continue.  25K, 50K soon..

There's no incentive for "manipulators" to manipulate the price down. They can profit taking a long position equally, it doesn't mater for them whether it goes up or down. Them buying a lot of coins so they could dump them makes no sense, they could buy a lot of coins while having a leveraged long position at the same time, which sounds even better, no?

[Rosewater Foundation]

Go back to bed you lazy fuck !

I had a dream I fell in love. I can't go back there.

[Rosewater Foundation]