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

[bones261]

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  

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[bones261]

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  

Please tell me you aren't serious...

Yes I am serious. The sentiment around here has been rather bearish. So I gave it a shot. Now I am a few bitcents poorer.   Unfortunately, since I set my stop losses rather conservatively, the stop losses got filled. Oh well, guess it's back to the step method JJG likes so much.

[bitserve]

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  

Shorting with stop losses is exactly the opposite of what I do (banking on the volatility). If you are gonna bet on downtrend (the same is applicable to uptrends) don't set a wimpy stop loss and go on with it till the end. Or a least make sure you can cover even if price goes 50% against your bet. Otherwise volatility will kill your position sooner or later.

P.S.: I am referring to what I do with my trading stash which, currently, amounts to only 10% of my long term total holdings.

[Karartma1]

RECENTLY

Growing you a Legendary V8  
You can't seriously be a Hero down here
You are such a good source for info

[realr0ach]

1D: 7/50/200 SMA

Nice. Looks like we're not going under $8000. Never ever.

It's only a trend line until it's not. One of these lines will be broken soon enough. Or even both.

We all know exactly what's going to happen already.  In metals, the ESF tries to paint the tape to crash through the moving averages and trendlines every single time.  In bitcoin it's the exact opposite.  They will try and paint the tape upwards and if the single entity that controls the price on Bitfinex ever since $200 can't get any idiots to chase the pump, they will then drop the bomb on you straight to $6000 or lower.  It's pretty obvious to me from how they try and paint the tape upwards every single time, that (((organizations))) are rigging the bitcoin price upwards with the blessing of (((government))).  

There is no other way possible bitcoin can be artificially painted upwards so often unless the govt allows it since the govt has plenty of resources to prevent that from happening.

[bones261]

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  

Shorting with stop losses is exactly the opposite of what I do (banking on the volatility). If you are gonna bet on downtrend (the same is applicable to uptrends) don't set a wimpy stop loss and go on with it till the end. Or a least make sure you can cover even if price goes 50% against your bet. Otherwise volatility will kill your position sooner or later.

I was trying to use this as a hedge. I don't want to risk being liquidated for the full 20% of my holdings on a 5x margin. Oh well, this is not for me. Hulk candles are not going to make this strategy work for me.

[Last of the V8s]

RECENTLY

Growing you a Legendary V8  
You can't seriously be a Hero down here

whoa thanks man, but i just a shitposter

[serveria.com]

Well, so much for trying to short BTC on margin as a hedge and setting a wimpy stop loss. REKT! Should have known better. Not sure what strategy that I need to employ to try and preserve value in this downtrend market.  

Shorting with stop losses is exactly the opposite of what I do (banking on the volatility). If you are gonna bet on downtrend (the same is applicable to uptrends) don't set a wimpy stop loss and go on with it till the end. Or a least make sure you can cover even if price goes 50% against your bet. Otherwise volatility will kill your position sooner or later.

I was trying to use this as a hedge. I don't want to risk being liquidated for the full 20% of my holdings on a 5x margin. Oh well, this is not for me. Hulk candles are not going to make this strategy work for me.

Dammit I love this GIF it's epic...

[realr0ach]

I speculate that JJG imagines themself to be the mostest specialest importantest poster in all of Bitcoindom.

Don't worry, Theresa May is coming for JayJuanGoyim:

http://dailystormer.name/theresa-may-wants-to-take-your-bank-money-away-and-give-it-to-niggers/

[Last of the V8s]

"Alexa, delete my Facebook".

[Raja_MBZ]

Bitcoin massively trying to get up but bears not allowing it to do so. Still, I'd not be surprised if we start seeing Vegeta's 9000 scouter again within the next 24 hours, even though its a week-end.

[infofront]

Bitcoin massively trying to get up but bears not allowing it to do so. Still, I'd not be surprised if we start seeing Vegeta's 9000 scouter again within the next 24 hours, even though its a week-end.

Vegeta memes prepared and standing by. Awaiting further orders.

[HairyMaclairy]

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  

[Paractor]

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  

And the financial downturn during the past two days will not affect this run up?

[bones261]

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  

It sure rocked my world when I tried to be a bear last night and this morning.

[vapourminer]

"Alexa, delete my Facebook".

speaking of alexa

anyone see this? siri, alexa and google talking to each other in an infinite loop.

https://www.cnet.com/how-to/make-siri-alexa-and-google-assistant-talk-in-an-infinite-loop/

not THIS is science and logic in action lol.

btw i would NEVER have an always on listening device in my home.. even the smart phones are off unless needed. im sure theres more stuff that can listen though.

need more faraday cages

[bitserve]

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  

It sure rocked my world when I tried to be a bear last night and this morning.

Ouch! Did the bear survive??

[HairyMaclairy]

It’s definitely not over but the bounce off $8200 was unexpectedly strong.  I think that may have rocked some bears.

The optimism chart says we will break the downtrend in April.  

And the financial downturn during the past two days will not affect this run up?

The correlation between financial markets and bitcoin has grown somewhat but it is still very weak.  Badger for the most part does its own thing.  

https://cointelegraph.com/news/so-is-there-a-correlation-between-bitcoin-and-stock-market-yes-but-no

[HairyMaclairy]

It’s a bit hard to read on the chart but it looks like a third of the Bitcoin hash rate disappeared in the past 12 hours and is now back.  This coincided with the dip in price.

So looks like a hash rate attack but weakly executed.  Suggests that the strength of the Bcash lol team is really slipping.   

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST                                       

27/12/2017 bikerleszno
29/12/2018 cAPSLOCK 
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie 
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin                                                       little show off  just to happy with it
07/01/2018 ghandi
08/01/2018 savetherainforrest                                                
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypoale
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx 
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakuastaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

oooow if we would be in a closer range to 24777 price this would be a nice run  for the dates of 23/3 and 31/3   many empty days ...... pitty we aren't there @this time