A little less conversation, a little more action please!
That's a great idea for a song/video to get you moving in the morning
Junkie XL, Elvis Presley - A Little Less Conversation (Elvis vs JXL)
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13040. (Read 26717538 times)
September 27, 2018, 07:59:31 AM
That's a great idea for a song/video to get you moving in the morning
Junkie XL, Elvis Presley - A Little Less Conversation (Elvis vs JXL)
September 27, 2018, 07:46:43 AM
Oh wow, the second digit is no longer 4, it's already 5.
We should celebrate!
We should celebrate!
Sure! I'll go have a beer. Eventually... One of these days... Promise!
September 27, 2018, 07:31:57 AM
Oh wow, the second digit is no longer 4, it's already 5.
We should celebrate!
We should celebrate!
September 27, 2018, 06:47:16 AM
What do you think about Bloomberg article about Bitmain?
https://www.bloomberg.com/view/articles/2018-09-27/bitmain-s-prospectus-reveals-a-lot-about-bitcoin-s-wild-ride?srnd=premium-europe
Interesting piece, less generic than the usual MSM article about crypto.https://www.bloomberg.com/view/articles/2018-09-27/bitmain-s-prospectus-reveals-a-lot-about-bitcoin-s-wild-ride?srnd=premium-europe
Quote
1. While Wu Jihan is the most famous name at Bitmain, co-founder Zhen Ketuan has a larger stake.
I didn't know that.Quote
4. Bitmain has been active with deals since June. Its purchase of a stake in Opera Ltd. values the maker of web browsers at $1.67 billion, making yet another unicorn.
I'd read about this only a few days ago. Opera used to be an innovative company. Their browser was arguably the best - surely the quickest and leanest of them all, fully customizable, and if I'm not mistaken, the first to feature browsing tabs in the early 2000's. However, they couldn't sustain developing their own rendering engine and dropped it for Google's, so now it's just a Chromium browser - and not the best of the pack.Quote
7. Last week I predicted that Bitmain’s high exposure to a very unstable industry could see heavy writedowns. That’s exactly what happened in the first half, hitting profits heavily.
Biggest Loser
Bitmain regularly loses money from its management of inventories and other balance sheet items. The first half of 2018 was particularly painful.
They will have to keep on delaying deliveries of new miners and enjoy their ius primae noctis to capitalize on mining advantage. If I were a customer pre-ordering mining equipment, I'd be very, very wary, even more so than before.Biggest Loser
Bitmain regularly loses money from its management of inventories and other balance sheet items. The first half of 2018 was particularly painful.
Quote
Perhaps Bitmain’s biggest risk is its high holding of cryptocurrency, which far eclipses the company’s pile of fiat cash.
Crypto Heavy
Bitmain holds twice as much cryptocurrency as it does fiat.
The article doesn't detail how much of that is bitcoin and how much is bcash. I think it's an important piece of information.Crypto Heavy
Bitmain holds twice as much cryptocurrency as it does fiat.
Quote
10. Taking such a large portion of its payments in cryptocurrency also has a big impact on its cashflow statement.
Old corporate money shouldn't like this too much. Free cash flow is too good to give up for magic internet money, especially if it's an altcoin. This might be the reason Bitmain stopped the "bcash only" policy for payments. September 27, 2018, 06:29:16 AM
Do you guys like Deribit? I only just got into it but the interface is so confusing. I can't set the leverage? Is it always on 100x? Someone explain cross margin and sub accounts to me.
I have never used Deribit, so I don't know about sub accounts. The term "cross margin" usually refers to the fact that your margin (deposited funds) is shared among all open positions, so the actual effective leverage depends on your total margin amount and the total size of all your positions - basically, total_positions/total_margin. September 27, 2018, 06:26:24 AM
Moral of the story: Let's stick with what we know how to do. Like predicting the price of Bitcoin... LOL
Next week: between $6000 and $7000...
September 27, 2018, 06:03:21 AM
What do you think about Bloomberg article about Bitmain?
https://www.bloomberg.com/view/articles/2018-09-27/bitmain-s-prospectus-reveals-a-lot-about-bitcoin-s-wild-ride?srnd=premium-europe
https://www.bloomberg.com/view/articles/2018-09-27/bitmain-s-prospectus-reveals-a-lot-about-bitcoin-s-wild-ride?srnd=premium-europe
September 27, 2018, 05:03:11 AM
September 27, 2018, 04:57:46 AM
- Facebook and Google ending crypto ad ban
- Bakkt around the corner
- Nyse and Nasdaq interested in launching a crypto exchange
- football teams getting into crypto
But yes, Crypto is dead because a random guy who bought ATH in December said so.
- Bakkt around the corner
- Nyse and Nasdaq interested in launching a crypto exchange
- football teams getting into crypto
But yes, Crypto is dead because a random guy who bought ATH in December said so.
Personally I really enjoyed the ad ban. It was mostly scams and shitty ICOs anyway...
September 27, 2018, 04:52:25 AM
Bitcoin volatility index is crashing hard.
Is this the end for the media's volatility excuse?
Volatility index currently at the lowest it's been in over a year at 2.5%.
Price started rising last time after the price was soooo boring for about a month and the index was at .8%.
Is this the end for the media's volatility excuse?
Volatility index currently at the lowest it's been in over a year at 2.5%.
Price started rising last time after the price was soooo boring for about a month and the index was at .8%.
September 27, 2018, 04:48:48 AM
- Facebook and Google ending crypto ad ban
- Bakkt around the corner
- Nyse and Nasdaq interested in launching a crypto exchange
- football teams getting into crypto
But yes, Crypto is dead because a random guy who bought ATH in December said so.
- Bakkt around the corner
- Nyse and Nasdaq interested in launching a crypto exchange
- football teams getting into crypto
But yes, Crypto is dead because a random guy who bought ATH in December said so.
September 27, 2018, 04:48:28 AM
Do you guys like Deribit? I only just got into it but the interface is so confusing. I can't set the leverage? Is it always on 100x? Someone explain cross margin and sub accounts to me.
Haven't tried it. Too new for my liking. Maybe in six months.
Offtopic: we clearly need a WO skiing competition. Because reasons.
September 27, 2018, 04:43:17 AM
It seems to me that now is a very good time to trade. Formed a triangle, which shows either the downward movement to 5100, or the growth of the to 6800. But I think that once again bitcoin goes up and then down, and then we fly on skis...
September 27, 2018, 04:42:46 AM
Do you guys like Deribit? I only just got into it but the interface is so confusing. I can't set the leverage? Is it always on 100x? Someone explain cross margin and sub accounts to me.
September 27, 2018, 04:20:58 AM
Moral of the story: Let's stick with what we know how to do. Like predicting the price of Bitcoin... LOL
+6K today September 27, 2018, 04:01:51 AM
Reason for Bcash pump
https://www.coindesk.com/bitcoin-mining-giant-bitmain-files-ipo-prospectus-in-hong-kong/
The fuck does their Ipo have to do with a huge reliance on a complete shitcoin that can bankrupt them? Call me confused.https://www.coindesk.com/bitcoin-mining-giant-bitmain-files-ipo-prospectus-in-hong-kong/
Bitmain has been bcash's life support from the beginning, and they started to run out of bitcoins to support bcash. Going IPO means they're raising more capital, which they'd undoubtfully burn to continue propping up bcash.
September 27, 2018, 03:48:02 AM
Moral of the story: Let's stick with what we know how to do. Like predicting the price of Bitcoin... LOL
September 27, 2018, 03:37:12 AM
via Imgflip Meme GeneratorDon’t know About you Guys , but i’m not a good ski , i had my first ski vacation last year in december and enjoyed it.
So almost there, ski season is coming soon.
I remember last year ..... BTC was pumping @that time, maybe iT will again this season
Picked up a knee injury last winter. Funniest thing is that I didn't crash or fall or similar was just going too fast down a steep hill and my knee couldn't handle the load... getting old...
September 27, 2018, 03:29:09 AM
^
Last year i also die it my first “real ski holliday” and its not easy , had to take private lessons Every morning..... many falls offcourse , but much progress as well
Last year i also die it my first “real ski holliday” and its not easy , had to take private lessons Every morning..... many falls offcourse , but much progress as well
September 27, 2018, 03:13:00 AM
via Imgflip Meme GeneratorDon’t know About you Guys , but i’m not a good ski , i had my first ski vacation last year in december and enjoyed it.
So almost there, ski season is coming soon.
I remember last year ..... BTC was pumping @that time, maybe iT will again this season
Tried once. Hit my ass. Never had the temptation to try again...
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