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

[JayJuanGee]

This is why I buy & HODL, buy & HODL, buy & HODL.

Same with me.
Who the F goes for trading LOL

There are a variety of trading styles and practices.  Some of them are more risk taking than others, and some of them are just taking advantage of bitcoin's inevitable volatility in order to profit from such volatility without getting greedy about it.

Perhaps.

But one issue is that bitcoin tends to be a bit more volatile, so you seem to be projecting (or perhaps hoping) for a kind of price stability that is not very much a part of current BTC price dynamics.

Yeah well, I already made that point:

"2x per year" lines, plus Anon's predictions:
...
I doubt the rise well be that smooth and orderly. This is corn we're talking about.

Just because I put his predictions on my graph, doesn't mean I agree with them. It's a way to visualize them.

Fair enough.  I was just responding to the substance of the matter and not really to you personally, even though I threatened with batman.. just for funzies.  

[edited out]

your post makes absolutely 0 sense. Cannot believe the shit posted on this forum sometimes

That's why the forum has an "open door" policy in order that peeps like you can set us straight. (no homo)   

[Bossian]

Other countries like Italy prefer to use Bitcoin than Credit Cards for online purchases.

And where exactly did you get this bullshit from?
No country in Europe right now prefer using Bitcoin over credit card , and you are quoting freaking Italy, one of the least modern country in Europe, using Bitcoin over credit card for online shoppping? and to buy what exactly since 99% of goods cannot be purchased with Bitcoin?

And given that 99% of people have a credit/debit card and probably less than 5% of people have Bitcoin in Italy, your post makes absolutely 0 sense. Cannot believe the shit posted on this forum sometimes

You can corroborate my statements here:


https://es.cointelegraph.com/news/italians-prefer-btc-to-visa-or-mastercard-when-shopping-online

and:

https://dailyhodl.com/2019/11/01/italians-opt-for-bitcoin-in-e-commerce-with-shoppers-gearing-up-for-crazy-deals-on-black-friday-and-cyber-monday/

And there is much more information if you start to investigate a little more.

The article I read in my native language say that Paypal is number 1 in Italy and apparently big majority of people use Paypal because their credit card is linked to the Paypal account, otherwise of course they would use the credit card directly over Bitcoin. This article posted is a great example of twisting facts. I am positive on Bitcoin, but saying Italians use more often Bitcoin than a credit card to pay online makes no sense, shouldn't need any article to know that
Anyway, all the best. Sorry if I sounded offensive but it's important to stand back when reading an "article".

[Gyrsur]

BTC HODLERS and DEMO traders not affected!

To all valued traders of Deribit,

Last night on October 31, 2019, at around 21:00 UTC, we experienced issues with our BTC index calculation mechanism. This caused a significant price drop on our exchange and sequentially triggered multiple invalid liquidations.

We would like to personally apologize to all traders that got affected by this issue and guarantee that our team has been working tirelessly to fix the issue as soon as possible. One of the aspects that ensures fair liquidation process is a manipulation resistant index. We have always ensured this by having multiple index constituents and excluding outlier exchanges. Unfortunately, due to a bug in our system, one of the outliers did not get excluded, which accordingly caused the flash crash. This was a fault of our system; therefore, we take responsibility for the incident.

Due to this, we tried to find the least damaging way to solve this as best as we can. After some discussion, we decided that the fairest solution would be compensating traders that got falsely liquidated and those who got affected by unwarranted stop-loss orders. Equity levels of all these accounts have been effectively brought back to pre-crash levels. A total amount of more than 150 BTC or $1.3 million got reimbursed this morning.

Moreover, we have been receiving a lot of questions about not rolling back the trades. Crypto markets are highly connected, and most market makers and arbitragers are following strategies that require hedging their positions on other platforms. Rollback of trades could have been even more damaging and would have taken additional time, thus exposing their positions to uncovered market risk for longer. This was our mistake, therefore, we wanted this to affect our traders as least as possible.

As of now, we have fixed the issue, and all constituents of the index are included in its calculation. Our index is robust again, and yesterday’s incident could not happen anymore.  However, we are taking further measures to improve it even more, so that there are additional mechanisms in place to protect the exchange from situations like this.

We continue to believe in a fair, efficient and transparent crypto market and strive to uphold this standard in all our actions and services provided. We learn from every mistake made and appreciate all the support we have received from our clients.

We thank you for choosing our platform and hope that you will continue trading on Deribit.


Best regards,

Founders of Deribit,

John Jansen and Marius Jansen

[BitcoinGirl.Club]

There are a variety of trading styles and practices.  Some of them are more risk taking than others, and some of them are just taking advantage of bitcoin's inevitable volatility in order to profit from such volatility without getting greedy about it.

I had this feeling that you will jump in it 🤓
Yeah I know brother. However it's too risky for me so holding is my only option.

[fillippone]

Hello WO Gang.
Bear with me and allow me to bump up here (for the last time, promise) my Merit Source application thread.
This is my Merit Source application thread:

fillippone Merit Source Application

I hope you can support it with a merit, a comment or whatever you think it is appropriate.
Even if you oppose (I hope that it is not the case) you can comment.
I will try to answer to everyone!

Thank you guys.

[jojo69]

Where the fuck is Toxic??

[BitcoinGirl.Club]

^^^ You have it. Hope my main man find it worthy.

theymos! Not fair man! Make him merit source 😷
I mean seriously fillippone's history speaks for him. Let the guy to be one of the merit source. I have this feeling that he will do a perfect job.

Thanks in advance

[BitcoinGirl.Club]

Where the fuck is Toxic??

Drugs, gambling and girls 🤪

[El duderino_]

BREAKING LEAKED NEWS!  *Cryptocurrency exchange legalization* has started in China. This is a real photo of a "cryptocurrency trading license of the People's Republic of China".

#cryptocurrency #bitcoin #eth  #Crypto 

What will the market respond in the coming month?



https://twitter.com/Crypto_Even/status/1190250046765199360?s=20

[El duderino_]

Where the fuck is Toxic??

Someone asking the right questions ...

[BitcoinGirl.Club]

It's no doubt that a good news!
We need more of these. Imagine in USD and in Europe we have this.

[El duderino_]

Halloween party...
Today we all mourn, all saints.
Morrow we go on.

*Today is a Sunday in Belgium

[BitcoinGirl.Club]

Halloween party...
Today we all mourn, all saints.
Morrow we go on.

*Today is a Sunday in Belgium

Get drunk and get laid 🤪

https://twitter.com/6MMR_/status/1190230220852334592

[Icygreen]

Happy November WO's.  October did not disappoint. 

- 3rd largest daily gain in price, +42%
- German Bank forecasts $90,000 price
- 18,000,000th coin & 600,000th block mined
- "Hard to subpoena Satoshi" said in Congress
- $900M transfered for a $166 fee
- Fed "Not QE" $60B/month
- China "all-in" on blockchain[/quote

https://twitter.com/Rhythmtrader/status/1190226683925815296

[LFC_Bitcoin]

Happy November WO's.  October did not disappoint. 

- 3rd largest daily gain in price, +42%
- German Bank forecasts $90,000 price
- 18,000,000th coin & 600,000th block mined
- "Hard to subpoena Satoshi" said in Congress
- $900M transfered for a $166 fee
- Fed "Not QE" $60B/month
- China "all-in" on blockchain[/quote

https://twitter.com/Rhythmtrader/status/1190226683925815296

I expected to enter November with the price a lot higher than it is now. I suppose it’s good to still be buying but I really want to see us end the month at a higher price.

Is $12,000 by New Year too much to ask?

[jupiter9]

Privacy


https://twitter.com/sakuraricebird/status/1190167326898806784

I don't know why are you surprised about bitmex mail leak. The first thing that comes to my mind that bitmex didn't have the real hack. You all know that USA IRS is after american citizens who are secretly using bitmex. Bitmex got into the trouble because of that. So there is a high probability that bitmex leaked mails so that the US IRS gets their citizens who are using bitmex. Problem solved.

[JayJuanGee]

There are a variety of trading styles and practices.  Some of them are more risk taking than others, and some of them are just taking advantage of bitcoin's inevitable volatility in order to profit from such volatility without getting greedy about it.

I had this feeling that you will jump in it 🤓
Yeah I know brother. However it's too risky for me so holding is my only option.

I largely agree with the premise that trading tends to be a losing game, and the reason is because the vast majority of peeps who attempt it do it in a manner in which they are attempting to predict BTC's short term price direction, which is also known as gambling.

If you engage in a kind of trading that either does NOT attempt to predict BTC's price direction or at least only engages in bare minimum prediction attempts, then in a market, such as bitcoin, you can profit from such a system without hardly even thinking about it.  Anyhow, as you already suggested, I have beaten aspects of this horse to death.... so I can hold off a little bit on my beating efforts for the time being.   

[El duderino_]

Scary #Bitcoin Movies!

via Imgflip Meme Generator

via Imgflip Meme Generator

https://twitter.com/phneep/status/1189735116735700993?s=21

Damn I don’t know what to see, they all looking scary.....

[dragonvslinux]

Crypto meme of the week for me, courtesy of cryptocurrency memes.

[LFC_Bitcoin]

Bit of weekend HOPIUM



@APompilano
195 days until the next Bitcoin halving.

Less than 3 million Bitcoin left to mine.

Hash rate keeps hitting all-time highs.

We are watching the strongest computer network in the world continue to get stronger and stronger.

Incredible.

https://twitter.com/apompliano/status/1190262451717017600?s=21


@cointelegraph
#Bitcoin closes October green and has key moving averages on track to cross bullish in November, explains @filbfilb
https://twitter.com/cointelegraph/status/1190285753890115584?s=21

@johnkim77
FACT: Bitcoin, Litecoin, and crypto are the only asset class that has the possibility to change the trajectory of one's life.

Everything else is controlled by the few. You actually don't have another option. Be proud to be a part of it.

https://twitter.com/johnkim77/status/1190338075018190854?s=21