jojo69
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Activity: 3318
Merit: 4606
diamond-handed zealot
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February 23, 2019, 11:26:29 PM |
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I like the video... It is fun, and pro-bitcoin.
I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary, "getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.
Anyhow getting zhou tonged is getting margin called.
You didn't get Zhou Tonged? Noob, I lost 10 BTC to the guy. And no, it is not getting margin called. Zhou Tong was the proprietor of Bitcoinica, the very first (that I know of) platform where leverage was available, it is true, but the term refers to the exit scam he pulled. I never used the leverage option there. I still got Zhou Tonged.
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Hueristic
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Activity: 3962
Merit: 5384
Doomed to see the future and unable to prevent it
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February 23, 2019, 11:28:32 PM |
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Sun is shining, BTC growing up @3930, 2-3 hours till my first drinks etc
What more to wish for
Its weekend go out and have Some Fun boys
Hope everyone is doing good in here
Pre-CHEERS already
No drinking necessary today!
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 11018
Self-Custody is a right. Say no to"Non-custodial"
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February 23, 2019, 11:28:40 PM |
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I like the video... It is fun, and pro-bitcoin.
I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary, "getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.
Anyhow getting zhou tonged is getting margin called.
You didn't get Zhou Tonged? noob, I lost 10 BTC to the guy and no, it is not getting margin called, What is getting "Zhou Tonged," then? By the way, I don't play with margin. I got the definition from here> https://www.urbandictionary.com/define.php?term=Zhou%20Tonged>>>>>>Zhou Tonged Bitcoin Slang, Your positions are automatically liquidated due to insufficient trading balance after a margin call. This occurs when trading using "leverage buying" at high levels 5:1 or 10:1 The large swings in the Bitcoin exchange rates can force automated margin selling, when the Broker sells out the customer without notice.<<<<<<
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HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 23, 2019, 11:28:52 PM |
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I like the video... It is fun, and pro-bitcoin.
I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary, "getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.
Anyhow getting zhou tonged is getting margin called.
You didn't get Zhou Tonged? noob, I lost 10 BTC to the guy and no, it is not getting margin called, It is getting Quadrigacxed
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jojo69
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Activity: 3318
Merit: 4606
diamond-handed zealot
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February 23, 2019, 11:29:19 PM |
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explained in edit above It is getting Quadrigacxed
exactly
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 11018
Self-Custody is a right. Say no to"Non-custodial"
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February 23, 2019, 11:34:02 PM |
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explained in edit above
Fair enough.. We know that sometimes ideas get mixed up, especially in folklore... Same is true with HODL... - retrospectively and erroneously being dubbed as "Hold On For Dear Life" Dumb... Real Dumb... for sure.
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El duderino_
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Activity: 2660
Merit: 13071
BTC + Crossfit, living life.
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February 23, 2019, 11:34:17 PM |
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Btw whats the price doing
Praying non of you Guys standing in my shoe’s now
Having a drink contest with somebody thats with me F*** we keep going!!!!!!!!
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 11018
Self-Custody is a right. Say no to"Non-custodial"
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February 23, 2019, 11:37:41 PM |
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Interesting development in the bitstamp order book.
If anyone remembers I mentioned a few weeks ago about how much buying support there was around the 3k level, but, also at the same time how the sell orders were not following the price down (IIRC 2000 btc sold bring the price down 4%, whereas 2000 bought price up around 20%).
I've continued to keep an eye on the order book during this last increase and at the 3700 then 3900 levels buy orders and sell orders were balanced (IIRC about 2500 sold or 2500 bought would move the price 15% either way). Meaning that despite the recent increase in price the buy orders were not following the price up, meaning lack of confidence in the bounce.
Well, right now order book is showing if 2000 coins are sold the price will drop 12%, but, if 2000 coins are bought the price will rise 21%. I can only interpret this as buyers now regaining confidence and beginning to follow the price up rather then waiting for a dip to the lows or new lows. In my mind this is confirmation that the low is now in.
Seems like you are trying to put too much weight into the meaning of the order book because the order book is played around with all of the time to cause these kinds of erroneous presumptions that you seem to be attempting to make... in other words, take the order book with a BIG ASS grain of salt.
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goldkingcoiner
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Activity: 2198
Merit: 1958
A Bitcoiner chooses. A slave obeys.
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February 23, 2019, 11:39:45 PM |
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Sun is shining, BTC growing up @3930, 2-3 hours till my first drinks etc
What more to wish for
Its weekend go out and have Some Fun boys
Hope everyone is doing good in here
Pre-CHEERS already
No drinking necessary today! Yeah....But...
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Ipwich
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February 23, 2019, 11:39:51 PM |
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Finally, we got it over $4,000 and trading in Bitfinex now at $4,200. I don't want to to do some back reading, what exchange are we using as the standard price of BTC ?
$5K incoming, not yet?
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jojo69
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Activity: 3318
Merit: 4606
diamond-handed zealot
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February 23, 2019, 11:41:19 PM |
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I don't want to to do some back reading, what exchange are we using as the standard price of BTC ?
stamp is the datum of record on WO
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El duderino_
Legendary
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Activity: 2660
Merit: 13071
BTC + Crossfit, living life.
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February 23, 2019, 11:42:43 PM |
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Whatever JoJo got my back, thats something i just know Lucky drunkF*** that i am
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somac.
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Activity: 2106
Merit: 1238
Never selling
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February 23, 2019, 11:48:41 PM |
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Interesting development in the bitstamp order book.
If anyone remembers I mentioned a few weeks ago about how much buying support there was around the 3k level, but, also at the same time how the sell orders were not following the price down (IIRC 2000 btc sold bring the price down 4%, whereas 2000 bought price up around 20%).
I've continued to keep an eye on the order book during this last increase and at the 3700 then 3900 levels buy orders and sell orders were balanced (IIRC about 2500 sold or 2500 bought would move the price 15% either way). Meaning that despite the recent increase in price the buy orders were not following the price up, meaning lack of confidence in the bounce.
Well, right now order book is showing if 2000 coins are sold the price will drop 12%, but, if 2000 coins are bought the price will rise 21%. I can only interpret this as buyers now regaining confidence and beginning to follow the price up rather then waiting for a dip to the lows or new lows. In my mind this is confirmation that the low is now in.
Seems like you are trying to put too much weight into the meaning of the order book because the order book is played around with all of the time to cause these kinds of erroneous presumptions that you seem to be attempting to make... in other words, take the order book with a BIG ASS grain of salt. Bitstamp and their order book is the exchange that is least played around with IMO and many others opinions. Secondly, fuck you for making assumptions about what I use to gauge the market. If you think that is the only indicator that I use, you are far stupider then your many unnecessarily lengthy insane incoherent posts make out.
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Ipwich
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February 23, 2019, 11:51:22 PM |
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I don't want to to do some back reading, what exchange are we using as the standard price of BTC ?
stamp is the datum of record on WO So still 4107.44 USD, still good because we're up today. This calls for a big celebration, might as well go for some drink today with my fellow BTC mooners!
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jojo69
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Activity: 3318
Merit: 4606
diamond-handed zealot
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February 23, 2019, 11:51:55 PM |
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Whatever JoJo got my back, thats something i just know Lucky drunkF*** that i am
indeed just don't get the cops involved
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P_Shep
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Activity: 1795
Merit: 1208
This is not OK.
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February 23, 2019, 11:56:14 PM |
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Zhou Tonged - Bitcoin's Back (Eminem - Without Me)
Good vibes! Guess who's back??? BITCOIN! I like the video... It is fun, and pro-bitcoin (even though I had not seen it before - from 2013.. funny that). I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary, "getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread. Anyhow "getting zhou tonged" is getting margin called on your trade. Oh, you would have loved it
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P_Shep
Legendary
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Activity: 1795
Merit: 1208
This is not OK.
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February 23, 2019, 11:59:07 PM |
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I like the video... It is fun, and pro-bitcoin.
I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary, "getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.
Anyhow getting zhou tonged is getting margin called.
You didn't get Zhou Tonged? noob, I lost 10 BTC to the guy and no, it is not getting margin called, What is getting "Zhou Tonged," then? By the way, I don't play with margin. I got the definition from here> https://www.urbandictionary.com/define.php?term=Zhou%20Tonged>>>>>>Zhou Tonged Bitcoin Slang, Your positions are automatically liquidated due to insufficient trading balance after a margin call. This occurs when trading using "leverage buying" at high levels 5:1 or 10:1 The large swings in the Bitcoin exchange rates can force automated margin selling, when the Broker sells out the customer without notice.<<<<<< I guess they call it getting 'REKT' now.
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Toxic2040
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Activity: 1792
Merit: 4141
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February 24, 2019, 12:02:27 AM |
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Another strong day for bitcoin as we blast past four kay to $4.1k-$4.2k #dyor 1h Buy the dips. 4h #stronghands'19
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Hueristic
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Activity: 3962
Merit: 5384
Doomed to see the future and unable to prevent it
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February 24, 2019, 12:05:08 AM Last edit: February 24, 2019, 01:20:48 AM by Hueristic |
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Sun is shining, BTC growing up @3930, 2-3 hours till my first drinks etc
What more to wish for
Its weekend go out and have Some Fun boys
Hope everyone is doing good in here
Pre-CHEERS already
No drinking necessary today! Yeah....But... Necessity does not preclude preferability. I could use a drink tonight myself. BBL
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mikeywith
Legendary
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Activity: 2380
Merit: 6579
be constructive or S.T.F.U
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February 24, 2019, 12:26:33 AM |
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There is nothing wrong with trading BTC, and even employing margin (which is more risky than merely HODLing and accumulating), but if you start to make claims that diss on BTC HODLers and those who don't sell their BTC and merely buy BTC on dips or dollar cost average into BTC, then you have gone a step too far.
There is nothing wrong with hodling for those who don't know how to trade, in fact if you are hodling long term it makes sense to buy at any price, whatever you pay now, you will surely be able profit from 3 years from now. but not everyone is a good hodler, many people sold btc at 3200$ thinking it was going to collapse, and they will FOMO and buy now, and when the price moves lower they will sell again, i mean think about it, if only a handful of people are making money trading, then the majority are losing money, i never diss btc hodlers, i diss amateur traders who chase a large green candle thinking we going to the moon. Wow wow wow what do we have here .... Nostra-freaking-damus everybody saw your prediction but nobody sold because we're not selling on the way down dude. Go look for some weak hands in other threads... another moon boy who missed a 50% discount on BTC my major concern is the upcoming resistance at 4500$ area, we have got the 20MA on the weekly which has been holding strong for months, also marks the wick we made on Nov 2018 , and the RSI is facing a major resistance too, let alone the death cross that's about to happen on 50 and 100 SMA's as well as the trend resistance from Feb 2018 , all these reasons suggest that this rally won't be testing upper 6k not even 5k, i guess mid 4k is it for this one. by the way i am interested in seeing how you draw that trend from ATH as it seems a bit irreverent to me now, the only trend line that makes sense is the one that has Feb 2018 high as it's base " green in chart". nice TA btw, it's good to see some TAs here rather than lambo dreams.
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