Bitcoin Forum
September 22, 2019, 07:45:12 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Sept. 21 Closing Price:
$0 - 4 (3.7%)
<$8,000 - 5 (4.6%)
$8,000-$8,500 - 1 (0.9%)
$8,500-$9,000 - 2 (1.8%)
$9,000-$9,500 - 5 (4.6%)
$9,500-$10,000 - 7 (6.4%)
$10,000-$10,500 - 25 (22.9%)
$10,500-$11,000 - 20 (18.3%)
$11,000-$11,500 - 19 (17.4%)
$11,500-$12,000 - 6 (5.5%)
>$12,000 - 8 (7.3%)
>$20,000 - 7 (6.4%)
Total Voters: 109

Pages: « 1 ... 19523 19524 19525 19526 19527 19528 19529 19530 19531 19532 19533 19534 19535 19536 19537 19538 19539 19540 19541 19542 19543 19544 19545 19546 19547 19548 19549 19550 19551 19552 19553 19554 19555 19556 19557 19558 19559 19560 19561 19562 19563 19564 19565 19566 19567 19568 19569 19570 19571 19572 [19573] 19574 19575 19576 19577 19578 19579 19580 19581 19582 19583 19584 19585 19586 19587 19588 19589 19590 19591 19592 19593 19594 19595 19596 19597 19598 19599 19600 19601 19602 19603 19604 19605 19606 19607 19608 19609 19610 19611 19612 19613 19614 19615 19616 19617 19618 19619 19620 19621 19622 19623 ... 25047 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21376436 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. (106 posts by 21 users deleted.)
Nosk
Member
**
Offline Offline

Activity: 112
Merit: 31

http://www.isittimetobuybitcoin.org/


View Profile
February 13, 2018, 01:21:34 AM

There's the Real BubbleTM  Pop that fucker!

Hahaahaha I lost my shit
1569181512
Hero Member
*
Offline Offline

Posts: 1569181512

View Profile Personal Message (Offline)

Ignore
1569181512
Reply with quote  #2

1569181512
Report to moderator
1569181512
Hero Member
*
Offline Offline

Posts: 1569181512

View Profile Personal Message (Offline)

Ignore
1569181512
Reply with quote  #2

1569181512
Report to moderator
1569181512
Hero Member
*
Offline Offline

Posts: 1569181512

View Profile Personal Message (Offline)

Ignore
1569181512
Reply with quote  #2

1569181512
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1569181512
Hero Member
*
Offline Offline

Posts: 1569181512

View Profile Personal Message (Offline)

Ignore
1569181512
Reply with quote  #2

1569181512
Report to moderator
1569181512
Hero Member
*
Offline Offline

Posts: 1569181512

View Profile Personal Message (Offline)

Ignore
1569181512
Reply with quote  #2

1569181512
Report to moderator
1569181512
Hero Member
*
Offline Offline

Posts: 1569181512

View Profile Personal Message (Offline)

Ignore
1569181512
Reply with quote  #2

1569181512
Report to moderator
Trilogy-AI
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
February 13, 2018, 01:21:55 AM

The chart I posted shows almost 4x more people are borrowing to bet that BTC will go up compared to people borrowing to bet that the price will go down.

I use this as a measure of sentiment and view it as bullish. But it can also go badly wrong. If the bears can fight against the tide and force the price downwards, they could start a cascade which would force the bulls out of their positions at a loss and trigger a massive price spike downwards.   

Elwar brings up a good point, in that the exchange where this data is drawn from (BfX) is forcing corporate accounts to close. Corporate accounts tend to be short bitcoin.  So this could just mean the underlying mix of players is changing with no change in sentiment. Hard to evaluate without further information.

That may be true, but compare that to a typical stock. The number of short investors is actually never *greater* than 25%. So by that measure, 25% betting that the price of BTC will go down is actually extremely bearish.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
February 13, 2018, 01:23:02 AM

Could anyone clarify if debt would be wiped if your bank is bankrupt

debts like that never really die, they get zombified into 'non-performing loans' and sold on for cents on the dollar to the liquidating entity of the bust enterprise. Really big enterprises it gets rolled into govt. debt and shuffled around onto central bank balance sheets where it withers and shrivels up over decades as inflation erodes the principal value away as they "print money" to cover the problems.

Some South Sea debt from early 1700's is still on the books of the government of UK (or is it the BoE?) ... also WW1 debts and depression era, WWII bonds, etc is still floating around getting traded at cents on the dollar or pennies on the pound as the case maybe.

tl;dr ... if your bank goes bust you'll probably still owe 'someone' something depending who buys the bank's loan book, what currency the loan is denominated in, and if it is worth their while chasing you down for repayment(s)

that's understandable

interesting though to see if it would really apply to government debt in the case of BIS going bankrupt

nations agreeably removing nation debt and exchanging currency freely.
d_eddie
Hero Member
*****
Offline Offline

Activity: 812
Merit: 676



View Profile
February 13, 2018, 01:27:03 AM

The chart I posted shows almost 4x more people are borrowing to bet that BTC will go up compared to people borrowing to bet that the price will go down.

I use this as a measure of sentiment and view it as bullish. But it can also go badly wrong. If the bears can fight against the tide and force the price downwards, they could start a cascade which would force the bulls out of their positions at a loss and trigger a massive price spike downwards.   

Elwar brings up a good point, in that the exchange where this data is drawn from (BfX) is forcing corporate accounts to close. Corporate accounts tend to be short bitcoin.  So this could just mean the underlying mix of players is changing with no change in sentiment. Hard to evaluate without further information.

That may be true, but compare that to a typical stock. The number of short investors is actually never *greater* than 25%. So by that measure, 25% betting that the price of BTC will go down is actually extremely bearish.
But this is crypto. Analogies with the stock market are often misleading and always risky.
HairyMaclairy
Hero Member
*****
Online Online

Activity: 952
Merit: 1588


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 13, 2018, 01:34:24 AM

The chart I posted shows almost 4x more people are borrowing to bet that BTC will go up compared to people borrowing to bet that the price will go down.

I use this as a measure of sentiment and view it as bullish. But it can also go badly wrong. If the bears can fight against the tide and force the price downwards, they could start a cascade which would force the bulls out of their positions at a loss and trigger a massive price spike downwards.   

Elwar brings up a good point, in that the exchange where this data is drawn from (BfX) is forcing corporate accounts to close. Corporate accounts tend to be short bitcoin.  So this could just mean the underlying mix of players is changing with no change in sentiment. Hard to evaluate without further information.

That may be true, but compare that to a typical stock. The number of short investors is actually never *greater* than 25%. So by that measure, 25% betting that the price of BTC will go down is actually extremely bearish.
But this is crypto. Analogies with the stock market are often misleading and always risky.

The chart indicates a more “normal” ratio is about 1.5:1 for BTC.  But it only goes back about 6 months
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2926
Merit: 1165



View Profile
February 13, 2018, 01:34:53 AM
Merited by jojo69 (1)

snip ... more people are borrowing to bet BTC ... snip ... people borrowing to bet BTC ....

... I think I may have found the fundamental problem in the risk analysis logic here?

Borrowing to bet on a limited-issuance, near instantly redeemable, bearer instrument is extreme risk-taking by any measures.

Discussing how fast the bamboo and rice paper building will burn when doused in gasoline is fun but kind of misses the point that there are children playing with matches in the crawl space.
Elwar
Legendary
*
Offline Offline

Activity: 2870
Merit: 1456


Viva Ut Vivas


View Profile WWW
February 13, 2018, 01:41:34 AM

It’s their exchange. They can do whatever they like. 

That said I did a quick google and am seeing conflicting reports about corporate accounts on BFX.  Maybe Elwar can clarify.

american accounts only as far as i can tell.

This is what I read here.
HairyMaclairy
Hero Member
*****
Online Online

Activity: 952
Merit: 1588


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 13, 2018, 01:46:18 AM

snip ... more people are borrowing to bet BTC ... snip ... people borrowing to bet BTC ....

... I think I may have found the fundamental problem in the risk analysis logic here?

Borrowing to bet on a limited-issuance, near instantly redeemable, bearer instrument is extreme risk-taking by any measures.

Discussing how fast the bamboo and rice paper building will burn when doused in gasoline is fun but kind of misses the point that there are children playing with matches in the crawl space.


None of this is your grandma’s pension fund.  2X is very different from 100X (instant suicide).   And don’t think the big boys don’t play with exotic instruments.  That’s why we had the GFC. 
moneyForjam
Jr. Member
*
Offline Offline

Activity: 164
Merit: 4

Always believe in magic


View Profile
February 13, 2018, 02:04:24 AM

this is how I see it



jojo69
Legendary
*
Offline Offline

Activity: 1512
Merit: 1850


no FOMO


View Profile
February 13, 2018, 02:12:54 AM

Jimmy Song on with Doug

https://www.youtube.com/watch?v=AtDCzZwa5Qc
Elwar
Legendary
*
Offline Offline

Activity: 2870
Merit: 1456


Viva Ut Vivas


View Profile WWW
February 13, 2018, 02:17:14 AM

snip ... more people are borrowing to bet BTC ... snip ... people borrowing to bet BTC ....

... I think I may have found the fundamental problem in the risk analysis logic here?

Borrowing to bet on a limited-issuance, near instantly redeemable, bearer instrument is extreme risk-taking by any measures.

Discussing how fast the bamboo and rice paper building will burn when doused in gasoline is fun but kind of misses the point that there are children playing with matches in the crawl space.


None of this is your grandma’s pension fund.  2X is very different from 100X (instant suicide).   And don’t think the big boys don’t play with exotic instruments.  That’s why we had the GFC. 

Trading on margin is like dabbling in alt coins.
JayJuanGee
Legendary
*
Offline Offline

Activity: 2016
Merit: 2027


How much alt coin diversification is needed? 0%?


View Profile
February 13, 2018, 02:52:34 AM
Merited by yefi (1)

Hey guys and gal:  I have some GDAX issues of what appears to be frozen GDAX trading based on my creating a support ticket, and a slow response from them.  Here's the context of two issues.

Issue 1) Last Monday 2/5, I requested a $500 transfer from my USA bank account (Bank of America) to GDAX, and on Thursday 2/8, I received an email from GDAX saying that my $500 transfer request had been stopped by my bank, and I also noticed that my bank account link had been removed from GDAX. 

Accordingly, I called my bank in an attempt to clarify whether there was a problem on their end.  The BOA support person said that he could not see any transaction on his end, so I decided to make another attempt through GDAX to relink my BOA account, and to request the $500 again. GDAX did not allow me to relink my BOA account (and it appeared that the BOA account had been blocked from being able to be linked, even though it showed up as one of the options of bank accounts available).  I created a GDAX support ticket describing issue 1.

Issue 2) On Thursday 2/8, I received an e-mail from Coinbase (at about the same time as I had received my stopped bank transfer request e-mail from GDAX regarding issue 1, above) saying that a previously hacked GDAX account (from February 2017) that I had been using, but no longer was using, had been denied my bank limit request increase.  I had not made any such a limit request increase for that hacked GDAX account, because I had not been using that hacked GDAX account.  At about the same time that I had sent my Issue 1 support ticket, I sent an e-mail to Coinbase support using the same string of communications from my February 2017 hack communications and asserted that I had not been using such hacked GDAX account, and I had not made any request to increase my limits for that hacked GDAX account.

Additional facts: Within hours of my submitting my GDAX issue 1 support ticket and my issue 2 e-mail to support, trading on my regular GDAX account was disabled, and then a few hours later, I was no longer able to sign into my regular GDAX account, even though I could still sign into Coinbase.   I don't know which of the two issues or if both had caused my disabled GDAX trade and my subsequent cut off from signing into GDAX, but on 2/10, I called GDAX support phone number, and the representative verified that they had a support ticket for issue 1.  She did not verify further what was going on on their end, and said that she could not help me, but instead my problem had to be referred to a GDAX support specialist, which she made such referral to a GDAX support specialist.  Therefore, I have been cut off from GDAX trading and ability to sign in to GDAX for about five days, and it has been nearly 3 days since my phone call to GDAX support was referred to the GDAX support specialist with no communication from them, so far.

Questions:

Currently, I am thinking that I am shit out of luck until the GDAX support specialist communicates back with me, and maybe I won't be able to do much, until a few more days pass, and then I perhaps I can follow up by calling up support again to check on the status.

Anyone have similar circumstances to mine?

Anyone have any suggestions regarding possible ways to attempt to expedite the processing of my frozen GDAX trading matter?
rafanadal
Member
**
Offline Offline

Activity: 373
Merit: 31


View Profile
February 13, 2018, 02:53:46 AM

I think this time it's gonna break it.

you jinxed it  Angry
Torque
Legendary
*
Offline Offline

Activity: 1918
Merit: 1514



View Profile
February 13, 2018, 02:55:12 AM

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy
Torque
Legendary
*
Offline Offline

Activity: 1918
Merit: 1514



View Profile
February 13, 2018, 02:59:07 AM

Anyone have similar circumstances to mine?

Anyone have any suggestions regarding possible ways to attempt to expedite the processing of my frozen GDAX trading matter?

Sorry to hear that. Unfortunately I can't assist, but I'm curious as to what happened with your original GDAX account? How did it get 'hacked'? Did you have Google 2FA enabled?
explorer
Legendary
*
Offline Offline

Activity: 1568
Merit: 1126



View Profile
February 13, 2018, 02:59:49 AM
Merited by xhomerx10 (2), Wekkel (1), Biodom (1)

via Imgflip Meme Generator
Trilogy-AI
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
February 13, 2018, 03:07:45 AM

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?
explorer
Legendary
*
Offline Offline

Activity: 1568
Merit: 1126



View Profile
February 13, 2018, 03:09:49 AM
Merited by Ibian (1)

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news  Cheesy  So it's kind of a catch-all.
Trilogy-AI
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
February 13, 2018, 03:14:10 AM

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news  Cheesy  So it's kind of a catch-all.

Lolz!  Grin
jtipt
Hero Member
*****
Offline Offline

Activity: 910
Merit: 526



View Profile
February 13, 2018, 03:18:42 AM

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news  Cheesy  So it's kind of a catch-all.
Lol, are you Trump in a disguise?
Pages: « 1 ... 19523 19524 19525 19526 19527 19528 19529 19530 19531 19532 19533 19534 19535 19536 19537 19538 19539 19540 19541 19542 19543 19544 19545 19546 19547 19548 19549 19550 19551 19552 19553 19554 19555 19556 19557 19558 19559 19560 19561 19562 19563 19564 19565 19566 19567 19568 19569 19570 19571 19572 [19573] 19574 19575 19576 19577 19578 19579 19580 19581 19582 19583 19584 19585 19586 19587 19588 19589 19590 19591 19592 19593 19594 19595 19596 19597 19598 19599 19600 19601 19602 19603 19604 19605 19606 19607 19608 19609 19610 19611 19612 19613 19614 19615 19616 19617 19618 19619 19620 19621 19622 19623 ... 25047 »
  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!