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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14295. (Read 26606831 times)

hero member
Activity: 750
Merit: 601
For anyone looking for some Sunday afternoon fork action,  I just completed two fork dumps which have recently become dumpable.

1) BTCP (Bitcoin Private) I used the electrum client from  from https://btcprivate.org
Sell on https://tradesatoshi.com (Currently about $60/BTC)

2) UBTC, Client from https://www.ub.com/project/wallet  sell on https://www.okex.com  (Currently about $16/BTC)
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
because the bounce from 6k was too hard for it to go all the way back down this quickly. it needs to go sideways (or up) for longer and form a nice curvature.


A nice curvature down you mean I assume?

About the AMA, I do have some questions if you would be so kind to answer....

1) What is your approximate average number of trades daily/weekly/monthly?

2) Do you do lots of small (almost insignificant trades, like 1% of your holdings of each coin for each trade) or do you go BIG on your trades?

3) Do your trades follow a predefined strategy according to TA or whatever and you stick to the plan..... or do you constantly monitor your positions and make quick changes constantly?

4) DO you use leveraging?

I would have much more questions.... but don't wanna abuse Smiley
1. It varies. On a big day when a big coin is bouncing around I can make several trades in one day. On the other hand I can be stuck in one small cap altcoin trade for up to 2 weeks. Also, whether my base currency is mostly btc or mostly usd shifts about once per month.
2. 10-40% per trade depending on volume. If it's 40% it might actually be the same trade in 3 different coins because the whole market is moving. The only time I invest 1% is in an ICO.
3. I dont trade according to rigid rules like forex traders. My trading is very dynamic. Even some of the indicators I am looking for are dyanmic like 'im going to wait til it decelerates', or 'im going to wait til i see this much volume and the walls are moving like this'.
4. I dont have access to btc/usd leverage. I sometimes use  2x or 3x leverage with altcoin trading but that is only in that one account and not with all my holdings.

My trading is crazy and I wouldnt reccomend it to anyone.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Todays books arent that bad. I looked a couple weeks ago and they were down to 70M , while btc was UP. It was weird.

Yeah it has been some time I have been noticing the books being thin... But... now it is only like 500BTC to 9950 at Bitstamp.

P.S.: Now less than 500BTC to 10050
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
because the bounce from 6k was too hard for it to go all the way back down this quickly. it needs to go sideways (or up) for longer and form a nice curvature.


A nice curvature down you mean I assume?

About the AMA, I do have some questions if you would be so kind to answer....

1) What is your approximate average number of trades daily/weekly/monthly?

2) Do you do lots of small (almost insignificant trades, like 1% of your holdings of each coin for each trade) or do you go BIG on your trades?

3) Do your trades follow a predefined strategy according to TA or whatever and you stick to the plan..... or do you constantly monitor your positions and make quick changes constantly?

4) DO you use leveraging?

I would have much more questions.... but don't wanna abuse Smiley
sr. member
Activity: 595
Merit: 251
This move is coming out of no where. Anyone know why?

Looks like a trap to me
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Todays books arent that bad. I looked a couple weeks ago and they were down to 70M , while btc was UP. It was weird.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Is it my impression or the books are thinnering more and more?
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
because the bounce from 6k was too hard for it to go all the way back down this quickly. it needs to go sideways (or up) for longer and form a nice curvature.
hero member
Activity: 728
Merit: 540
double bottom meme needed, please.
sr. member
Activity: 392
Merit: 254
This move is coming out of no where. Anyone know why?

Because we deserve it. Hodling is a shit tonne of hard work.
member
Activity: 195
Merit: 10
This move is coming out of no where. Anyone know why?
legendary
Activity: 2050
Merit: 1184
Never selling
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
hero member
Activity: 1358
Merit: 834
The utility side of Bitcoin sucks! Angry

I just paid less than 10 cents for a Bitcoin transaction, and I didn't even use SegWit.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Breaking:  China's Congress has passed a constitutional amendment that removes presidential term limits, allowing President Xi Jinping to remain in office indefinitely.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Buying now is a good idea?

Personally, I would wait for either a capitulation candle or a reversal of the MACD on the 1 day chart. It's dangerous to try to catch a falling knife. Better to wait for some solid sign of a trend reversal. Sure you will miss the bottom that way, but not by a lot, and atleast you wont get wrecked by further decline. We could easily be on our way to five or six thousand. Remember, 5k, the previous high before the run up to 20k, never got tested. All that said, buying now is definitely a better idea than not buying at all, if those were the options. Well thats my 2 satoshis anyway.


Except for the fact that you currently don't have any satoshis.

Interesting talk by Thomas Lee (Fundstrat) for those who like to zoom out a bit, "The Economics of Cryptocurrencies | Upfront Summit 2018"
https://www.youtube.com/watch?v=GGberGnxiJk
hero member
Activity: 1358
Merit: 834
I am a heavy smoker though. Maybe you will get a nicotine buzz.

random: I quit cold turkey almost 15 years ago. Best decision I've ever made for my life and health. Very empowering to know I had the will to pull through the withdrawal symptoms.


How long did the withdrawal symptoms last, and how bad were they?
I used to smoke quite heavily, but I never had any withdrawals. When I feel like stopping for any reason I just stop. Right now I'm in an appartment where I can't smoke and I had no problems just not doing so when I moved in here.

Smoking in general is more of a social/meditative kind of thing for me though, especially the process of rolling a cigarette.

My attention also snowballs into just about anything and everything else just disappears from existence during that time, so perhaps I just don't notice any withdrawals by focusing my attention on other things. Heck, I forget to eat on some days, and I absolutely love food.
legendary
Activity: 1652
Merit: 4393
Be a bank
Und nao ve pomp ze bitcoin cesh
legendary
Activity: 2772
Merit: 2846
I am a heavy smoker though. Maybe you will get a nicotine buzz.

random: I quit cold turkey almost 15 years ago. Best decision I've ever made for my life and health. Very empowering to know I had the will to pull through the withdrawal symptoms.


How long did the withdrawal symptoms last, and how bad were they?
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