Btc ratio went from 0.025 to .050, damn could of doubled the btc stack
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12071. (Read 26707072 times)
December 25, 2018, 11:30:33 PM
Well I wish I bought Bitcoin Cash at $80, an easy 2x in a week. The danger of alts, they pump hard and they crash hard.
Btc ratio went from 0.025 to .050, damn could of doubled the btc stack
Btc ratio went from 0.025 to .050, damn could of doubled the btc stack
December 25, 2018, 10:52:04 PM
You are most welcome but please accept my apologies because I had hooked up my old monitor to a new computer and I didn't properly adjust the settings so there is a significant blue tint those two hats.
I believe this looks slightly better (and hopefully not only to me).
Avatar-sized
Oh, it was actually hard for me to tell until I stared at them side-by-side for a minute lol, but thank you! Very good eye!
Not gonna lie, wish I had come up with that hat first. It's the perfect WO hat.
Thank you, I like to think I have good taste, and good ideas. xhomerx10 really had the artistic ability to bring it to life even better than than my vision though. I’m still impressed when I look at it, the placement of the candles, the transparency, that’s a mighty fine hatter we’ve got there
Now, just let our hat powers combine to summon a bull run of world changing proportions! Mwhuahahaha
December 25, 2018, 10:17:38 PM
XRP: 2025 (transcendence)
Will the devs have finished dumping their premine by then?
POS coins are scams. devs mine secretly then sell on exchanges or ICOs. POS is like GMYM
December 25, 2018, 10:09:30 PM
BCH is pumping 
will it affect btc price.
will it affect btc price.
December 25, 2018, 09:55:33 PM
XRP: 2025 (transcendence)
Will the devs have finished dumping their premine by then?
No. The order books would never cope.
December 25, 2018, 09:47:46 PM
XRP: 2025 (transcendence)
Will the devs have finished dumping their premine by then?
No. The order books would never cope.
December 25, 2018, 09:40:03 PM
XRP: 2025 (transcendence)
Will the devs have finished dumping their premine by then?
December 25, 2018, 09:38:44 PM
Bitcoin: 2009 (irrelevant)
Bitcoin Cash: 2017 (the future)
Bitcoin Cash: 2017 (the future)
But what's Bitcoin Cash? Is it bcash ABC or bcash SV?
December 25, 2018, 09:29:50 PM
Bitcoin: 2009 (irrelevant)
Bitcoin Cash: 2017 (the future)
Bitcoin Cash: 2017 (the future)
December 25, 2018, 09:13:15 PM
When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?
It's arbitrage bots.
When BTC dumps, there is an instant discrepancy in the alt trading pairs like BTC/ETH and then USD/ETH and in turn ETH/XRP etc, etc. The bots can scalp a nice profit by balancing out the ratios but there is not as much liquidity in the alt market so the moves are larger either up or down.
The WO thread still manages to deliver advanced on-topic wisdom. On Christmas night, mixed with banter and greetings.
With a little jousting, too, from time to time.
December 25, 2018, 08:47:00 PM
When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?
It's arbitrage bots.
When BTC dumps, there is an instant discrepancy in the alt trading pairs like BTC/ETH and then USD/ETH and in turn ETH/XRP etc, etc. The bots can scalp a nice profit by balancing out the ratios but there is not as much liquidity in the alt market so the moves are larger either up or down.
The WO thread still manages to deliver advanced on-topic wisdom. On Christmas night, mixed with banter and greetings.
December 25, 2018, 08:39:08 PM
Teasing moves bewitch
Gentle volatility
Corn is a female
Gentle volatility
Corn is a female
December 25, 2018, 07:24:36 PM
1. Alts have no value of their own
2. The price of alts is a function of how much greed / fear is in the market.
3. Fear / greed is determined by Bitcoin price performance.
4. Alts are denominated in BTC.
5. When people are greedy they buy alts using BTC.
6. When people are fearful they sell alts using BTC.
2. The price of alts is a function of how much greed / fear is in the market.
3. Fear / greed is determined by Bitcoin price performance.
4. Alts are denominated in BTC.
5. When people are greedy they buy alts using BTC.
6. When people are fearful they sell alts using BTC.
ok, i understand most, but this would be true if actually people buy and sell.
When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?
im not saying anything about the intrinsical value of an alt itself, nor if its a good or a bad alt, but just these fluctuations intrigue me and i dont really understand...
It's arbitrage bots.
When BTC dumps, there is an instant discrepancy in the alt trading pairs like BTC/ETH and then USD/ETH and in turn ETH/XRP etc, etc. The bots can scalp a nice profit by balancing out the ratios but there is not as much liquidity in the alt market so the moves are larger either up or down.
December 25, 2018, 07:22:21 PM
Bitcoin is just crawling and everyone is watching.
Linux: 1991
HTML: 1993
Mosaic: 1993
MP3: 1994
Geocities: 1994
Flash: 1996
Hotmail: 1997
HashCash: 1997
Paypal: 1998
Google: 1998
WiFi: 1998
Napster: 1999
MP4: 2001
Bittorrent: 2001
Tor: 2002
Myspace: 2003
Gmail: 2004
Git: 2005
iPhone: 2007
HTML5: 2008
Android: 2008
Linux: 1991
HTML: 1993
Mosaic: 1993
MP3: 1994
Geocities: 1994
Flash: 1996
Hotmail: 1997
HashCash: 1997
Paypal: 1998
Google: 1998
WiFi: 1998
Napster: 1999
MP4: 2001
Bittorrent: 2001
Tor: 2002
Myspace: 2003
Gmail: 2004
Git: 2005
iPhone: 2007
HTML5: 2008
Android: 2008
December 25, 2018, 07:11:56 PM
^
If I am aware of it, but I will be much calmer when I have all the merit, the activity comes quick with the updates every 14 days.
Thanks.
If I am aware of it, but I will be much calmer when I have all the merit, the activity comes quick with the updates every 14 days.
Thanks.
December 25, 2018, 06:39:25 PM
xhomerx10
You will never be without work.
Your almost there as well You will never be without work.
I am lowering the daily average, I suppose it is for the Christmas holidays, because I am active as every day, in my threads and of course in WO.
(Here it is winter and my cat is cold in the head.
)Thanks, for your support.
Your merit increase rate has been impressive. Well done!
Now it is the activity rating what could slow you a little since 120 are required to wear an avatar, but you will also come there soon. And probably xhomer will have your hat ready even before
December 25, 2018, 06:29:23 PM
xhomerx10
You will never be without work.
Your almost there as well You will never be without work.
I am lowering the daily average, I suppose it is for the Christmas holidays, because I am active as every day, in my threads and of course in WO.
(Here is winter and my cat is cold in the head.
)Thanks, for your support.
December 25, 2018, 06:25:56 PM
When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?
im not saying anything about the intrinsical value of an alt itself, nor if its a good or a bad alt, but just these fluctuations intrigue me and i dont really understand...
Not sure I understand your question : the answer seems self evident :
There is trading constantly on multiple exchanges 24/7, every second of the day. The alt prices (on coinmarket cap or whatever) are based on 'last trade' for a number of exchanges. The trade is in BTC, that is converted to $$ in the quote. If BTC $ price changes, then so must the alt $ price, even if there is no further trade.
If a bid/offer is hit then the BTC price changes as well.
i appreciate the explanation, and it seems fair in regards to $$ value, but thats not what i meant, and thats also the part i dont understand.
When bitcoin makes a pump or a dump, the alt varies in BTCprice as well, and thats strange to me. (as your explanation (as far as i understand) states the $$ price must go up and down seems logic as the BTC value varies in $$ value. That makes sense. But why does the BTC value of the alt change so much as well?? Thats double... For instance: when BTC takes a drop of 10% in $$ value, the ALT makes adrop of 10% in $$value (logic), AND a drop of 10% in BTC value as well (unlogic), makes a total devaluation of that coin of 20%..)
The user BTCMILLIONAIRE explained what could be the cause: When it is clear the BTC is in a downtrend you could get profits by shorting altcoins for fiat:
Furthermore, if there's any indicator that Bitcoin will be tanking it would be fairly easy to short alts for fiat and then rebuy alts at a cheaper per BTC rate with cheaper Bitcoins (obviously comes with elevated risks).
Basically, Bitcoin down = make double the money by shorting shitcoins. So the connection between futures tanking Bitcoin and altcoins tanking even more is crystal clear once you crunch the numbers.
Then i share Some with you... to send one in your name
BOB was very generous
Thx Bob you certainly help me out with sending ability’s (as many more do as well)
Thx a lot but i Will not hoard them .... just keep spreading them in Fun, good, appropriate post etc
3800ish a good candleMIC closing for this evening
A pump would be Nice (especialy this week when we have our run up to newyear)
Edit: Oh, Boblawbraw ninja'd me some merits as well. Thanks!
December 25, 2018, 06:22:46 PM
Merry xmas everyone! Thanks for all the laughs, the insights, the bad advice and the great hat!!
December 25, 2018, 05:53:37 PM
Somebody ordered a Wolf of Wall Observer Morty hat
https://i.imgur.com/ns58NSa.jpg
Avatar-sized
https://i.imgur.com/dgMPzgL.jpg
https://i.imgur.com/ns58NSa.jpg
Avatar-sized
https://i.imgur.com/dgMPzgL.jpg
I love it! It’s better than I could have imagined! Thank you so much homer, it’s definitely at the top of my list of favorite gifts I received today! I shall wear it with pride!
Merry Christmas WO’s, HoDlers, and, well, everyone!
You are most welcome but please accept my apologies because I had hooked up my old monitor to a new computer and I didn't properly adjust the settings so there is a significant blue tint those two hats.
I believe this looks slightly better (and hopefully not only to me).
https://i.imgur.com/puOC0PE.jpg
Avatar-sized
I Will change it
What would this place look like whiteout XhomerX (thought jojo Said it before as well on one of those Nice gif Made Posts) but its true
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