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

[jbreher]

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.

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[Hueristic]

Down we go.

Well that sucks donkey dicks.

[bones261]

https://twitter.com/BigRekts/status/1040431007248343042

That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..

No the 5 million number is the amount of USD lost. So at 100x leverage the person lost over 50k worth, so about 8 BTC lost.

I know they are vol pumped with leverage but yeah that brings it back to reality..

The way they say it, sounds like # of coins @ price ..

Yes, I'm still confused by it.  However, I'm pretty confident that people are not regularly risking 5 digits worth of BTC on that nonsense. I am not even sure that Bitmex will even let someone put that much at risk. Unlike OKEX, who let someone risk so much on a long, that when it was liquidated, all the shorts had to take a cut in their profits.

[HairyMaclairy]

Risk limit on Bitmex for a single BTC/USD trade is 200 BTC.

[JayJuanGee]

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.

hahahahahaha

I guess that you largely answered the question, because there were some of us peeps who were wondering what bcashers were going to do in order to off-load their bcash in what we had considered likely dire bcash times, and apparently, you are going to continue to HODL your bcash, and maybe even if you view them so positively, then you are employing ladder ACCUMLATL strategies, too... which I, personally, would conclude to be a bad gamble.. but hey, perhaps bcashers have another pump up their sleeves, even though such bcash pumpening is seeming doubtful and long term seems even more doubtful...

And, you did correct me with my rememberance that you had around 50/50 in terms of units, yet your claim of having more bcash is not outside of what bcash bags a possible bcash true believer might have..

If you are NOT making shit up, in terms of your own purported positive views of Bcash, then perhaps, you would be be employing a similar laddering strategy as you do with bitcoin, and that just comes off as quasi-delusional... but the world would be boring if all WO observer participants thought the same, it seems.

[bones261]

We should hope that BCH has a long life. The big blockers need their own chain that they can squabble about block size and other things. Let them have their hash wars on their own chain(s).

[El duderino_]

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.

very bright sell some BTC and buy the BCH dip

[RivAngE]

Found an interesting article here: https://techcrunch.com/2018/09/13/its-the-end-of-crypto-as-we-know-it-and-i-feel-fine/

Crypto is falling because the people in it for the short term are leaving. Long term players – the Amazons of the space – have yet to be identified. Ultimately we are going to face a compression in the ICO and, for a while, it’s going to be a lot harder to build an ICO. But give it a few years – once the various financial authorities get around to reading the Satoshi white paper – and you’ll see a sea change. Coverage will change. Services will change. And the way you raise money will change.

I feel the same for most of the author's points. We who are here for the long term shouldn't care for the prices. I've bought some coins and I was planning to cash on some of them on 2019 to buy an ultra wide QHD+ Gsync HDR monitor using BTC instead of dropping 2000$. Bought some XRP as a saving account, planning to save them "forever" in my hardware wallet in case I ever need money for a special need. Bought some ARK which is a delegated proof of stake coin in order to build a slow passive income for the future.

So what if the prices spiked on 2017 and then fell on 2018? If I had 1BTC on 2017, I still have 1BTC on 2018. I'm hoping for a broader integration of cryptocoin payments from shops so as to not have to turn my coins into fiat and instead use them for purchases... so 1BTC will always be 1BTC for me!

[CanErik]

Hi;

This market is really pitiful. Even the unconfirmed Morgan Stanley's whisper that will open BTC swap transactions will cause the market to accelerate upwards. Than what? If someone says the opposite? Welcome to 6K below.

Kind regards

[Wekkel]

You’re just describing the workings of a market. And the market - at least my screen - tells us that going below $6k is not really happening. The current short and mid term wave is pointing upwards again. Even although I feel lik we need a good spike down below $6,000 to move on.

My opinions don’t matter
The market is always right

The trend is your friend.

So I bend.

[El duderino_]

You’re just describing the workings of a market. And the market - at least my screen - tells us that going below $6k is not really happening. The current short and mid term wave is pointing upwards again. Even although I feel lik we need a good spike down below $6,000 to move on.

My opinions don’t matter
The market is always right

The trend is your friend.

So I bend.

ok then??



that would be something not

[El duderino_]

AND STILL HAVING FUN

[El duderino_]

The sad status of our society

[El duderino_]

just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so 

[dutchlincoln]

just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so 

Let them be...
We need them to invest when btc spikes, and they think they can still jump the boat...

[kirreev070]

[TopTort777]

The sad status of our society

I have a slighty different interpretation of "status of society" 

[xhomerx10]

The sad status of our society

I have a slighty different interpretation of "status of society" 

  All these repeating images remind me of the time I had already come to the end of the internet and then my parents began using the internet.  They would forward me these "funny" e-mails that I had already seen innumerable times.  It was very annoying then too. At least these newbies aren't phoning to tell me to check my e-mail.

[Yaplatu]

just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so  

I look forward to the next financial crisis 

[El duderino_]

The sad status of our society

I have a slighty different interpretation of "status of society" 

  All these repeating images remind me of the time I had already come to the end of the internet and then my parents began using the internet.  They would forward me these "funny" e-mails that I had already seen innumerable times.  It was very annoying then too. At least these newbies aren't phoning to tell me to check my e-mail.

Haha last days Many old things coming back Yes
I have to say on days from friday till sunday noon you can expect everything from me
As i am thinking iT is friday and i didn’t ask for a weekend pump yet , are we getting one ?