Except on Mex even a tiny order can have massive slippage.
Which I think shows their books are cooked.
Stop losses have their place on a proper exchange. You need tools to take you out of a position if the market turns.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11487. (Read 26725203 times)
February 25, 2019, 06:54:47 AM
February 25, 2019, 06:48:23 AM
Not spread, slippage. As in you place a stop loss at $3650 and it executes a sell at $3570.
But that depends on how big your order is. Nowadays I just play with multiple fraction of a BTC orders, so no slippage for me.
Stop losses always have had an ugly outcome. That's why I never use them.
February 25, 2019, 06:47:18 AM
Not spread, slippage. As in you place a market stop loss at $3650 and it executes a market sell at $3570.
February 25, 2019, 06:45:22 AM
the billion dollar eth play on mex
Bitcoin still doing at least twice that on Mex. But Mex volume is fake as fuck. I have never had $70 slippage on another exchange, I don’t care how big the move. The slippage on Mex is just outrageous.
$70 spread? Maybe I should go there for my scalping. I could make a living out of that if real. How much are the fees for market makers (limit orders not big volume)?
February 25, 2019, 06:43:33 AM
the billion dollar eth play on mex
Bitcoin still doing at least twice that on Mex. But Mex volume is fake as fuck. I have never had $70 slippage on another exchange, I don’t care how big the move. The slippage on Mex is just outrageous. It’s liquidity is worse than HitBTC.
February 25, 2019, 06:42:48 AM
Now THAT is what I’m talking about. Could maybe do with a few more blacked out windows, nobody wants to see you jerking off on the sofa.
Another troll hits the WO 
Send him a personal invite to the thread of trolls & NOCOINERY
February 25, 2019, 06:41:54 AM
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Well nobody new is buying at the moment, let alone $3B of new money. Down we go.That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Another troll hits the WO
February 25, 2019, 06:40:41 AM
February 25, 2019, 06:34:45 AM
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Well nobody new is buying at the moment, let alone $3B of new money. Down we go.That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Your opinion has been carefully noted. Thanks for participating. We will call you next year if you are right.
In the meantime maybe learn something about resistances and supports.
P.S.: A little hint to enlighten you:
I'm constantly monitoring the price of BTC, but we struggle to stay at $4,000 level.
Any chance for the 2nd pump?
What price will we land next?
Any chance for the 2nd pump?
What price will we land next?
Either 3.7 or 4.2 probably. Sideways in the meantime.
February 25, 2019, 06:33:55 AM
the billion dollar eth play on mex
February 25, 2019, 06:33:29 AM
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Well nobody new is buying at the moment, let alone $3B of new money. Down we go.That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Someone is short.
February 25, 2019, 06:28:09 AM
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Well nobody new is buying at the moment, let alone $3B of new money. Down we go. That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
February 25, 2019, 06:27:42 AM
Bitcoin is a bloodless and silent revolution.
It doesn't care what you believe.
It doesn't care who claims what.
It doesn't care what you expect.
It doesn't care what you think.
It doesn't care what you like.
It doesn't care how you feel.
It doesn't care if you insist.
https://twitter.com/alecziupsnys/status/1099829955469418498?s=21
It doesn't care what you believe.
It doesn't care who claims what.
It doesn't care what you expect.
It doesn't care what you think.
It doesn't care what you like.
It doesn't care how you feel.
It doesn't care if you insist.
https://twitter.com/alecziupsnys/status/1099829955469418498?s=21
February 25, 2019, 06:26:48 AM
CBOE newsletter says Cryptowinter may be Thawing
February 25, 2019, 06:25:04 AM
Yesterday's dump was because of some miner who transferred 2500 BTC in Bitfinex and sold directly. He was not a trader, because a several hours earlier, he could have sold to an ask wall of 1180BTC at 4230$. This guy clearly went above the electricity expenses and decided to take his profit. May be he read the old news article: https://coinnounce.com/cryptocurrency-regulations-in-china-the-journey-and-the-current-status/
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!
Can I ask where you got this info from?
Surely we can see with some degree of accurateness that this postulation bears a degree of accuracy while at the same time and notwithstanding however we can also posit that toxic's chart from a few pages back also exhibits the single whale theory with a surely more level of accuracy, where we witness the same amount of bitcoins being bought up at a low price thereinafter or later if you prefer that formulation being sold or perhaps indeed dumped at a higher or perhaps we could call it better price, notwithstanding the third theorisation that i personally have seen being bandied about these interwebs that it was all due to an ethereum whale buying up on bitmex setting huge walls and i personally suspect that this might have potential for being the most likely reason for the recent dumperunio because the volumes on mex for eth in the past week or perhaps we could more accurately term it 8 days haha show these large buys pumpening up the pricitudes and then dumping yesterday. so while we can say with a certain degree of accuritude that your assertional statement of out of our assitude has a reasonable ring to it we can also state that there are some figures and other datas on the interwebs which back up these rumorifications
February 25, 2019, 06:23:34 AM
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
February 25, 2019, 06:20:48 AM
Thanks to micg for the original idea, and a huge thanks to xhomerx for translating that into something amazing:
Avatar-sized
Avatar-sized
That ball sack of a chin is perfect.
*edit* I should say for that face.+1 WOsMerit
February 25, 2019, 06:20:25 AM
Good morning gentlemen, hope you’re all having a good day or a good sleep if you’re from the US 
They say every cloud has a silver lining, yesterday's dump means I was able to buy a bit more BTC today than if it stayed ar $4,1xx.
Just added 0.25BTC to my stash. May this period of sideways give us many opportunities to load up.
They say every cloud has a silver lining, yesterday's dump means I was able to buy a bit more BTC today than if it stayed ar $4,1xx.
Just added 0.25BTC to my stash. May this period of sideways give us many opportunities to load up.
February 25, 2019, 06:15:23 AM
Morning WO's.
Catching up but, WTF?
Love this paradox view point man. Anyone for a melt down?
Never sad to see BTC rocket jojo, even if I don't make anything on it.
I always bet long for BTC - never ever short. It's a psychological/energy emissions thing for me.
But since it appears I would have been rekt without access to the internet for almost two whole days, I think I did pretty well thank you.
Catching up but, WTF?
If we are in a cycle then the answers to our far distant past lie in our far distant future
Love this paradox view point man. Anyone for a melt down?
Just closed all my longs - just in case - cos it's an all-in party weekend for me. 
sad trombone Never sad to see BTC rocket jojo, even if I don't make anything on it.
I always bet long for BTC - never ever short. It's a psychological/energy emissions thing for me.
But since it appears I would have been rekt without access to the internet for almost two whole days, I think I did pretty well thank you.
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