Bitcoin Forum
November 20, 2019, 02:19:23 PM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  
Poll
Question: What happens next?
$7,500 - 51 (64.6%)
$9,500 - 28 (35.4%)
Total Voters: 79

Pages: « 1 ... 21733 21734 21735 21736 21737 21738 21739 21740 21741 21742 21743 21744 21745 21746 21747 21748 21749 21750 21751 21752 21753 21754 21755 21756 21757 21758 21759 21760 21761 21762 21763 21764 21765 21766 21767 21768 21769 21770 21771 21772 21773 21774 21775 21776 21777 21778 21779 21780 21781 21782 [21783] 21784 21785 21786 21787 21788 21789 21790 21791 21792 21793 21794 21795 21796 21797 21798 21799 21800 21801 21802 21803 21804 21805 21806 21807 21808 21809 21810 21811 21812 21813 21814 21815 21816 21817 21818 21819 21820 21821 21822 21823 21824 21825 21826 21827 21828 21829 21830 21831 21832 21833 ... 25451 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21435129 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. (129 posts by 23 users deleted.)
Biodom
Legendary
*
Offline Offline

Activity: 2142
Merit: 1323



View Profile
November 26, 2018, 01:20:55 AM

What/when is the daily 'closing" in bitcoin?
1574259563
Hero Member
*
Offline Offline

Posts: 1574259563

View Profile Personal Message (Offline)

Ignore
1574259563
Reply with quote  #2

1574259563
Report to moderator
1574259563
Hero Member
*
Offline Offline

Posts: 1574259563

View Profile Personal Message (Offline)

Ignore
1574259563
Reply with quote  #2

1574259563
Report to moderator
1574259563
Hero Member
*
Offline Offline

Posts: 1574259563

View Profile Personal Message (Offline)

Ignore
1574259563
Reply with quote  #2

1574259563
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
1574259563
Hero Member
*
Offline Offline

Posts: 1574259563

View Profile Personal Message (Offline)

Ignore
1574259563
Reply with quote  #2

1574259563
Report to moderator
1574259563
Hero Member
*
Offline Offline

Posts: 1574259563

View Profile Personal Message (Offline)

Ignore
1574259563
Reply with quote  #2

1574259563
Report to moderator
bitserve
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 787


HODL.


View Profile
November 26, 2018, 01:26:39 AM



Ibian
Legendary
*
Offline Offline

Activity: 2086
Merit: 1190



View Profile
November 26, 2018, 01:30:34 AM

What/when is the daily 'closing" in bitcoin?
what
bitserve
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 787


HODL.


View Profile
November 26, 2018, 01:32:30 AM

What/when is the daily 'closing" in bitcoin?
what

$3945 if I correctly understood the question. Otherwise, 42.
Toxic2040
Hero Member
*****
Offline Offline

Activity: 714
Merit: 1085



View Profile
November 26, 2018, 01:32:49 AM

What/when is the daily 'closing" in bitcoin?

Thats one of the great things about bitcoin..its never closed.   Tongue  "Most" exchanges usually roll over at 00:00 utc...,   in most cases I think.
smartcomet
Member
**
Offline Offline

Activity: 136
Merit: 32


View Profile
November 26, 2018, 01:36:50 AM

https://twitter.com/MustStopMurad/status/1066776756756070405
Quote
A large chunk of people calling for "$1500" right here makes me think a bounce is in order.

We need to give FAUX-bears FALSE HOPE... give them a BULL TRAP which challenges local assumptions, *THEN* destroy them FULLY, crushing their spirits beyond recognition. Then we bottom.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1008
Merit: 1648


Degenerate bull hatter & Bitcoin monotheist


View Profile
November 26, 2018, 01:41:51 AM

What/when is the daily 'closing" in bitcoin?

Daily candles close at midnight UTC

Weekly candles close midnight Sunday night UTC
HI-TEC99
Legendary
*
Offline Offline

Activity: 1708
Merit: 1089



View Profile
November 26, 2018, 01:53:28 AM

What/when is the daily 'closing" in bitcoin?

Daily candles close at midnight UTC

Weekly candles close midnight Sunday night UTC

Why UTC time?

If the Bitcoin markets are comparable to the forex markets there is no strict daily closing time, but you can use a regional market time like UTC time.

https://www.investopedia.com/ask/answers/05/forexclosingprice.asp



Quote
The foreign exchange market, or forex, is the market in which the currencies of the world are traded by governments, banks, institutional investors and speculators. The forex is the largest market in the world and is considered a 24-hour market because currencies are traded around the world in various markets, providing traders with the constant ability to trade currencies. The forex opens at 5pm EST on Sunday and runs until 5pm EST on Friday, running 24 hours a day during this time. But between the Friday close and the Sunday open, the forex market does not trade.

The opening prices for the week are the initial trading prices on Sunday and the closing prices for the week are those of the last trade on Friday. However, over the course of the week, there really are no closing prices for the forex as there is at least one market open at some place in the world at all times.

However, we often hear quotes for the opening and closing prices for currency pairs in the financial media. For example, a news article might state how the U.S. dollar closed down against the Canadian dollar during trading on Wednesday. The price being quoted is the closing price for an individual market within the forex market. There are three main regions - North America, Asia and Europe - and within each there are several forex markets. In North America, the main market is in New York, in Asia it is in Tokyo and in Europe it is in London. There are many other individual markets within these regions that are part of the forex market, and each individual market has an open and close (i.e. does not trade 24 hours a day). The New York market, for example, trades from 8am EST until 3pm EST. In North American media, the closing price will often refer to the closing price of the New York forex market.

While these quotes give financial-media users a sense of the current market, the quotes are not as accurate as the actual current market price. For any forex trader, the best forex closing price to use is the closing price of his or her transaction.


TheCactus
Newbie
*
Offline Offline

Activity: 28
Merit: 10


View Profile
November 26, 2018, 01:59:07 AM

Well, I sold 13

Do you plan to purchase back in in the $2k's? Asking for a friend..
Biodom
Legendary
*
Offline Offline

Activity: 2142
Merit: 1323



View Profile
November 26, 2018, 02:04:51 AM
Last edit: November 26, 2018, 03:21:25 AM by Biodom

What/when is the daily 'closing" in bitcoin?

Daily candles close at midnight UTC

Weekly candles close midnight Sunday night UTC

Yes, I was referring to the poll actually, which mentioned Nov 25 Closing while as @Toxic2040 rightfully noted, there is NO closing per se.
Midnight UTC is probably the best; albeit I seriously doubt that Coinbase and Gemini go by UTC, but they might be.

The rest of the group, thanks for funny responses...I liked 42.
xhomerx10
Legendary
*
Offline Offline

Activity: 2212
Merit: 2400


Aceeasi Marie cu alta palarie


View Profile
November 26, 2018, 02:12:20 AM

Well, I sold 13

Do you plan to purchase back in in the $2k's? Asking for a friend..

 That's a young man's game and Searing is retired.
HI-TEC99
Legendary
*
Offline Offline

Activity: 1708
Merit: 1089



View Profile
November 26, 2018, 02:13:42 AM

What/when is the daily 'closing" in bitcoin?

Daily candles close at midnight UTC

Weekly candles close midnight Sunday night UTC

Yes, I was referring to the poll actually, which mentioned Nov 25 Closing while as @toxic2040 rightfully noted, there is NO closing per se.
Midnight UTC is probably the best; albeit I seriously doubt that Coinbase and Gemini go by UTC, but they might be.


Gemini (and the winkdex) uses the gemini daily auction time of 4pm ET as daily closing time.
bones261
Legendary
*
Offline Offline

Activity: 1708
Merit: 1706



View Profile
November 26, 2018, 02:15:28 AM

Well, I sold 13

Do you plan to purchase back in in the $2k's? Asking for a friend..
Searing is a miner. He's always accumulating...
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1008
Merit: 1648


Degenerate bull hatter & Bitcoin monotheist


View Profile
November 26, 2018, 02:17:33 AM

Bitcoin uses midnight UTC by convention so it’s not like forex.

You can check it yourself.  Just watch here at midnight UTC.  A new candle will appear. 

https://bitcoinwisdom.com/markets/bitstamp/btcusd
Biodom
Legendary
*
Offline Offline

Activity: 2142
Merit: 1323



View Profile
November 26, 2018, 02:21:11 AM

Well, I sold 13

Do you plan to purchase back in in the $2k's? Asking for a friend..

 That's a young man's game and Searing is retired.


Once you sold a largish chunk of bitcoin, it is difficult to buy it back, especially if you used the proceeds "to live".
Mining, maybe, but mining is close to being kaput (short term) at above 7c/kwh.
bones261
Legendary
*
Offline Offline

Activity: 1708
Merit: 1706



View Profile
November 26, 2018, 02:26:59 AM
Last edit: November 26, 2018, 02:45:27 AM by bones261


Once you sold a largish chunk of bitcoin, it is difficult to buy it back, especially if you used the proceeds "to live".
Mining, maybe, but mining is close to being kaput (short term) at above 7c/kwh.

I've read a post of his in another thread. Yes 13 BTC is a good size chunk for him. However, he has plenty more. Even if he shuts down all his miners, (he may have already, I'm not certain on that fact.) He'll be fine BTC wise.
bitserve
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 787


HODL.


View Profile
November 26, 2018, 02:28:36 AM

Well, I sold 13

Do you plan to purchase back in in the $2k's? Asking for a friend..

IIRC, that's not a major (no pun intended) part of his healthy stash. So, considering he has already cashed out enough for all his expenses till official retirement in 2020 I would say he will do very well by not doing anything. No need to rebuy and risk his plan IMHO. I am sure I wouldn't do it if I were in his case.

Us peasants need to risk a little more.
Biodom
Legendary
*
Offline Offline

Activity: 2142
Merit: 1323



View Profile
November 26, 2018, 02:33:06 AM
Last edit: November 26, 2018, 02:44:35 AM by Biodom
Merited by JayJuanGee (1)

https://twitter.com/MustStopMurad/status/1066776756756070405
Quote
A large chunk of people calling for "$1500" right here makes me think a bounce is in order.

We need to give FAUX-bears FALSE HOPE... give them a BULL TRAP which challenges local assumptions, *THEN* destroy them FULLY, crushing their spirits beyond recognition. Then we bottom.


Murad is wrong.

We are either done or close to it. Perhaps, we would retest and even violate, but there would be no sudden plunges, IMHO.
We just had one (from 6500 to 3456).

That said, maybe btc is one crazy nut and would want to exterminate 90% of positions. Then, who knows.
nanobtc
Full Member
***
Offline Offline

Activity: 408
Merit: 170



View Profile WWW
November 26, 2018, 02:47:43 AM

Whatever happened to the $1000 party?

It got cancelled. I did not attend, but celebrated in my own way.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1008
Merit: 1648


Degenerate bull hatter & Bitcoin monotheist


View Profile
November 26, 2018, 02:49:27 AM

Grey is overall open positions

Yellow is ratio

Green are longs

Red are shorts


Mind telling me where you are getting the data from?

Tradingview. I use a paid version. That’s a screenshot on my phone.
Pages: « 1 ... 21733 21734 21735 21736 21737 21738 21739 21740 21741 21742 21743 21744 21745 21746 21747 21748 21749 21750 21751 21752 21753 21754 21755 21756 21757 21758 21759 21760 21761 21762 21763 21764 21765 21766 21767 21768 21769 21770 21771 21772 21773 21774 21775 21776 21777 21778 21779 21780 21781 21782 [21783] 21784 21785 21786 21787 21788 21789 21790 21791 21792 21793 21794 21795 21796 21797 21798 21799 21800 21801 21802 21803 21804 21805 21806 21807 21808 21809 21810 21811 21812 21813 21814 21815 21816 21817 21818 21819 21820 21821 21822 21823 21824 21825 21826 21827 21828 21829 21830 21831 21832 21833 ... 25451 »
  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!