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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25351. (Read 26666518 times)

hero member
Activity: 588
Merit: 500
Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.

Except this time there is no panic buying. Those days are over. Something many here fail to understand.
Everyone here is making money except you  Cheesy
hero member
Activity: 672
Merit: 500
Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.

Except this time there is no panic buying. Those days are over. Something many here fail to understand.
hero member
Activity: 767
Merit: 532
Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
Here:

http://www.bfxdata.com/bitfinexLiquidityPriceCombinedBTC.php

4 million USD in shorts.
20 million USD in longs.


I have no idea who is keeping their longs open.
I don't even know if they are human.
Probably totally retarded.

Thanks! That is indeed sick
legendary
Activity: 1148
Merit: 1001
things you own end up owning you


So if i understand your claims correctly, you are suggesting that either older users are engaging in ongoing coin movement to disguise the bitcoin days destroyed quantity that is generated by their coin movements (to make the bitcoin days destroyed number smaller) or they are transferring access to their accounts/wallets without moving coins?

Correct me if I have misstated your claims, but if the above are your claims: 1) it seems to be a bit cumbersome to engage in such conduct to camouflage coin movements and therefore does NOT seem to be very plausible explanations and 2) if the conduct is happening, would there be any solution(s) to make such movement of coins more transparent?   

you assume that my post points to manipulation or something of that kind, but you missed my point which is: simply denying the claim of "there is no spike on the days destroyed chart, therefore early adopters are not selling"
hero member
Activity: 742
Merit: 500
Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
Here:

http://www.bfxdata.com/bitfinexLiquidityPriceCombinedBTC.php

4 million USD in shorts.
20 million USD in longs.


I have no idea who is keeping their longs open.
I don't even know if they are human.
Probably totally retarded.
legendary
Activity: 1159
Merit: 1001
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.

Isnt that the signal for either doom or glory? Cheesy

That , idk, i guess we will see ... Cheesy
hero member
Activity: 504
Merit: 500
Moderator
Who is actually making money out of this market?

Exchanges  Cheesy

Uh shorters ND swing traders
Yes.

If you are not making any profit out of this market you are doing it wrong.

At which price do you close your short positions(<250$)? Where did you set your stop-loss?
I´m just interested what´s in the mind of people short selling in this area. No offense.
legendary
Activity: 2464
Merit: 1145
Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.

Isnt that the signal for either doom or glory? Cheesy
hero member
Activity: 767
Merit: 532
Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.
legendary
Activity: 1615
Merit: 1000
Re: days destroyed, the convention for wallet software appears to be that change addresses are hidden from the user. Change doesn't count as spent coins, and shouldn't contribute to days destroyed.
hero member
Activity: 742
Merit: 500
Who is actually making money out of this market?

Exchanges  Cheesy

Uh shorters ND swing traders
Yes.

If you are not making any profit out of this market you are doing it wrong.
hero member
Activity: 574
Merit: 500
Who is actually making money out of this market?

Exchanges  Cheesy

Uh shorters ND swing traders
sr. member
Activity: 336
Merit: 250
Who is actually making money out of this market?
hero member
Activity: 574
Merit: 500
https://www.tradingview.com/v/ipICZoOf/ wow this is pretty interesting play it out to now. I'm willing to imagine a 280 bot 2x what I paid last October.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
so if I had 50000BTC siting in my address for 1 year, and I decided to move/spend 1000BTC, the days destroyed for that transaction would be 1000*365, which is not that big really when looking to the daily sum:

Thanks for the exmaple, but: If the 50'000 BTC were sitting in one address (and one utxo), wouldn't there be a 49'000 BTC change-back output too on that transaction?  Would that output be excluded from the BDD? What if the change-back went to a different address?



in the wiki it is explained like this:

Quote
If someone has 100BTC that they received a week ago and they spend it then 700 bitcoin days have been destroyed. If they take those 100BTC and send them to several addresses and then spend them then although the total transaction volume could be arbitrarily large the number of bitcoindays destroyed is still 700.

I was trying to understand that as well, but I often see small transaction from large holding addresses (for example BTC-e's cold cold storage or Bitsamp's cold storage) where they send only a couple thousands of coins to a new address, after checking the days destroyed chart I don't see any spike !!!

For example watch this transaction it took place 28-08-2014 and it is Bitstamp sending 3000BTC to an address and the change to another address, now this is how the days destroyed looks like that day:



legendary
Activity: 2016
Merit: 1259
Oh fuck, we are not over yet

Stamp seems unwilling to follow China anymore at least volume wise, no big dumps happening anymore. Mostly small traders actin.

All of the coins have changed hands, nothing left to dump  Grin
hero member
Activity: 504
Merit: 500
Moderator
Oh fuck, we are not over yet

Stamp seems unwilling to follow China anymore at least volume wise, no big dumps happening anymore. Mostly small traders actin.
Also BTC-E is only 10$ below Stamp. Which could (mean) that we are close to a (temporary) bottom.
hero member
Activity: 574
Merit: 500
Bull-tards still not accepting the reality.

Were fully accepting it. I think you don't appreciate how many bulls have gone bear.
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