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

[damiano]

[Sitarow]

[Four-Rings-Workshop]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

Ya hodler here but I think risking 2% of bankroll on a trade is considered prudent. I suspect most bitcoin traders are risking their entire BRs at a time.

http://www.forex-savvy.com/money-management/

That sounds smart, it seems though bitcoin tries/does defy some of the "traditional" rules.

I should have expected the HODL comments.  

I ask because i see tons of these 0.001 trades and assume its bots doing their thing, but accomplishing what???

[windjc]

China looks like it has officially died.

[jatajuta]

So no more lambos?

I prefer this...

[alexeft]

On that topic, guess what currency has the brightest future in China the coming months?

https://www.youtube.com/watch?v=zC12lgJGyi8

That Dog(e) shit is an insult to the average person's intellect.

oh come on, its is full of lulz


however it will be deader than dead in a month.

yup!

[jojo69]

I have been thinking a lot about the doge phenomenon and it is really quite interesting.

Conceived as  a parody, think of it as an actual implementation of CosbyCoin, it is one of the more elaborate mass trolls of our time.

I believe its intention was to point out the absurdity of cryptocurrencies in general, fair enough, this is a pretty out-there idea whatever its merits, but it has kind of blown up in the creators faces and threatens to teach the creators a lesson about the fundamental nature of money; that ANYTHING can be money if only people agree that it is.  It puts me in mind of the Rai stones of Micronesia.

[manfred]

On that topic, guess what currency has the brightest future in China the coming months?

https://www.youtube.com/watch?v=zC12lgJGyi8

That Dog(e) shit is an insult to the average person's intellect.

oh come on, its is full of lulz


however it will be deader than dead in a month.

Yeh wait for Kittycoin she will sort him out
https://bitcointalk.org/index.php?topic=379700.0

Knockout..

[alexeft]

I have been thinking a lot about the doge phenomenon and it is really quite interesting.

Conceived as  a parody, think of it as an actual implementation of CosbyCoin, it is one of the more elaborate mass trolls of our time.

I believe its intention was to point out the absurdity of cryptocurrencies in general, fair enough, this is a pretty out-there idea whatever its merits, but it has kind of blown up in the creators faces and threatens to teach the creators a lesson about the fundamental nature of money; that ANYTHING can be money if only people agree that it is.  It puts me in mind of the Rai stones of Micronesia.

The absurdity of cryptocurrencies?

[iarsenaux]

Someone in stamp is slowly dumping his coins that it is not affecting the market.

[byronbb]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

Ya hodler here but I think risking 2% of bankroll on a trade is considered prudent. I suspect most bitcoin traders are risking their entire BRs at a time.

http://www.forex-savvy.com/money-management/

That sounds smart, it seems though bitcoin tries/does defy some of the "traditional" rules.

I should have expected the HODL comments.  

I ask because i see tons of these 0.001 trades and assume its bots doing their thing, but accomplishing what???

To manipulate last price. You will see it try to make the price seem lower or higher depending on the desires of it's owner.

[MaxwellsDemon]

I have been thinking a lot about the doge phenomenon and it is really quite interesting.

Conceived as  a parody, think of it as an actual implementation of CosbyCoin, it is one of the more elaborate mass trolls of our time.

I believe its intention was to point out the absurdity of cryptocurrencies in general, fair enough, this is a pretty out-there idea whatever its merits, but it has kind of blown up in the creators faces and threatens to teach the creators a lesson about the fundamental nature of money; that ANYTHING can be money if only people agree that it is.  It puts me in mind of the Rai stones of Micronesia.

It's the very definition of funny money  

But Dogecoin is not just based on a meme, it is a meme itself. Therefore, it will follow the rules of memetic epidemiology - rise exponentially for a while, then disappear.

[jojo69]

I have been thinking a lot about the doge phenomenon and it is really quite interesting.

Conceived as  a parody, think of it as an actual implementation of CosbyCoin, it is one of the more elaborate mass trolls of our time.

I believe its intention was to point out the absurdity of cryptocurrencies in general, fair enough, this is a pretty out-there idea whatever its merits, but it has kind of blown up in the creators faces and threatens to teach the creators a lesson about the fundamental nature of money; that ANYTHING can be money if only people agree that it is.  It puts me in mind of the Rai stones of Micronesia.

The absurdity of cryptocurrencies?

Yes, now to be clear, in my view they are far LESS absurd than fiat, but what do I know?

[damiano]

Someone in stamp is slowly dumping his coins that it is not affecting the market.

If so... he is dumping his "coin", not "coins" because... no volume.

Unless they are trying to not cause panic just yet

[alexeft]

I have been thinking a lot about the doge phenomenon and it is really quite interesting.

Conceived as  a parody, think of it as an actual implementation of CosbyCoin, it is one of the more elaborate mass trolls of our time.

I believe its intention was to point out the absurdity of cryptocurrencies in general, fair enough, this is a pretty out-there idea whatever its merits, but it has kind of blown up in the creators faces and threatens to teach the creators a lesson about the fundamental nature of money; that ANYTHING can be money if only people agree that it is.  It puts me in mind of the Rai stones of Micronesia.

The absurdity of cryptocurrencies?

Yes, now to be clear, in my view they are far LESS absurd than fiat, but what do I know?

Far less absurd than fiat! That's what I know too! 

[alexeft]

http://www.youtube.com/watch?v=byt1EPt4NGg

edit: how do I insert youtube?

[alexeft]

http://www.youtube.com/watch?v=byt1EPt4NGg

edit: how do I insert youtube?

that has been disabled for now i think

Oh well, nevermind! Thanks!

Are you the "goat" people in this thread are talking about?

[iarsenaux]

I have been thinking a lot about the doge phenomenon and it is really quite interesting.

Conceived as  a parody, think of it as an actual implementation of CosbyCoin, it is one of the more elaborate mass trolls of our time.

I believe its intention was to point out the absurdity of cryptocurrencies in general, fair enough, this is a pretty out-there idea whatever its merits, but it has kind of blown up in the creators faces and threatens to teach the creators a lesson about the fundamental nature of money; that ANYTHING can be money if only people agree that it is.  It puts me in mind of the Rai stones of Micronesia.

It's the very definition of funny money  

But Dogecoin is not just based on a meme, it is a meme itself. Therefore, it will follow the rules of memetic epidemiology - rise exponentially for a while, then disappear.

I also think that doge is just a meme. However, i'm taking advantage of its profitability while i still can. :p

[seljo]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

0. I hodl!  

I hodl moar than zero!

You seem confused!

Edit: or maybe I am! 

Naaah you are not confused the only one confused here is the Audi funboi who thinks there is a chance that someone here will tell him about coinz stash...

[ChartBuddy]