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

[podyx]

I'm playing with the thought of taking loans and going 20x leverage

The main thing from stopping me though is if I would be able to get get my money out.
Let's say I make a huge killing, like $10million the coming months if bitcoin were to spike, how big of a chance is it to get all that money out and how much trouble is it?

Lol I have decided I won't do it Really stupid, was just a fun thought though. Making so much money in so little time is far from healthy too.
I'm considering doing it with 5-6 btc though if things work out the way I want them to. Where on the bitfinex site do you choose what amount of leverage you want btw?

[JayJuanGee]

too cold mate!!     >>> get get !

yes i understand people are realizing large capital gains because of the happening.

i get it.

i told you to sell at $550 ...i never listen my own advice~still hodling! 

Fallllllling, chuckeee and et al told us to sell since $680, and where are they now, when we need them?  and what the fuck are we doing?  contemplating and buying?

Actually, it does feel good to have some of those one liner, I told you so dweeeebs NOT cluttering the thread... yet, I am sure they will be returning soon.. especially, if there is some decent signs of returning to the "downward trend"

[JayJuanGee]

I'm playing with the thought of taking loans and going 20x leverage

The main thing from stopping me though is if I would be able to get get my money out.
Let's say I make a huge killing, like $10million the coming months if bitcoin were to spike, how big of a chance is it to get all that money out and how much trouble is it?

So you are seriously concerned about the trouble you might have to go through to get your hands on the $10million that you still have to win by gambling with loaned money. OK  

Yeah... he he he..     a bit fucked up thinking.... I would NOT worry about getting the money out as much as either losing the bet or making that much money in the first place.  


The current thinking is good for a little laughs, though....     

[JorgeStolfi]

Do you really think Andreas is just a shill?  I haven't read everything he's written about bitcoin, but my past impression of him was that he was earnestly trying to educate people about Bitcoin technology.  I never got the impression that he was trying to mislead anyone.

I give him credit for leaving the Shrem Karpelès & Friends Foundation (he did not go back, did he?).  But his name reminds me of a slide predicting 1 BTC = 1 gazillion USD, way back in January or earlier, by the scarcity/demand formula.  Is he still standing for that?

[JayJuanGee]

I'm playing with the thought of taking loans and going 20x leverage

The main thing from stopping me though is if I would be able to get get my money out.
Let's say I make a huge killing, like $10million the coming months if bitcoin were to spike, how big of a chance is it to get all that money out and how much trouble is it?

Lol I have decided I won't do it Really stupid, was just a fun thought though. Making so much money in so little time is far from healthy too.
I'm considering doing it with 5-6 btc though if things work out the way I want them to. Where on the bitfinex site do you choose what amount of leverage you want btw?

Your a laugh-a-minute, Podyx.    

Yeah, I would feel really plagued by having a new $10 million in my bank account tomorrow.    That would be very "unhealthy," I suspect.... especially, since I did NOT previously have such money.   

[nanobrain]

Still a classic, from back in the day

[mah87]

Bitcoin won't ever go mainstream; Ever

[MrPiggles]

Problem with having an extra $20,000 of fiat lying around is you do stupid stuff like buy a $500 robotic vacuum cleaner just to troll your dogs.

damnit

[ChartBuddy]

Explanation

[mb300sd]

Problem with having an extra $20,000 of fiat lying around is you do stupid stuff like buy a $500 robotic vacuum cleaner just to troll your dogs.

damnit

I got one of those, definitely keeps the shedding under control this time of year... Theres no way you'd ever get me to vacuum the whole house daily, and it picks up a full bin every day.

[MrPiggles]

Problem with having an extra $20,000 of fiat lying around is you do stupid stuff like buy a $500 robotic vacuum cleaner just to troll your dogs.

damnit

I got one of those, definitely keeps the shedding under control this time of year... Theres no way you'd ever get me to vacuum the whole house daily, and it picks up a full bin every day.

I can't wait to see what the dogs make of it

[mb300sd]

Problem with having an extra $20,000 of fiat lying around is you do stupid stuff like buy a $500 robotic vacuum cleaner just to troll your dogs.

damnit

I got one of those, definitely keeps the shedding under control this time of year... Theres no way you'd ever get me to vacuum the whole house daily, and it picks up a full bin every day.

I can't wait to see what the dogs make of it

He's a Lab-mix ~80lbs , I swear he sheds his entire coat twice every spring and fall...

[Sitarow]

Bitcoin won't ever go mainstream; Ever

https://www.youtube.com/watch?v=xUNGFZDO8mM Have you seen this? Acceptance of the block chain technology is now.

[razorramon]

12,284 shorts on finex...muhahaha

[Davyd05]

interesting push munchyy

[redjedievolution]

wall eated like M&M

[ChartBuddy]

Explanation

[Davyd05]

panic buys or organized short squeeze?

[samsonn25]

Panic buys.    

[XxionxX]

Jesus people chill with the buying, it was $275 5 days ago!