Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14559. (Read 26608306 times)

ok kids. Ive officially changed my diet to large servings of crushed bear soul
Sill have open long

Um...Jay...

Good luck with that.

ETH seems to be falling farther behind BTC now. Was better than 1/10th during the crash... now less than.

We probably all still fail as humans, just for other reasons.

9600 on polo, humans are still OK 

We've got movement, lets see if this can get past 10K. The volume feels about right.

Fair enough.  I am calculating all the matters including time and fees like you mentioned, and sure you are correct that the more that you get your back and forth orders to fill, then the more money you make; however, if the price goes running extensively in one direction without reversal (which does seem to happen frequently with bitcoin), then you will tend to make more money in those kinds of runs by having BIGGER increments between your orders.

Our discussion (and disagreement) back and forth on interval size has kind of demonstrated that there can be some individual variation that might not be known or understood exactly until practicing for a while and trying to figure out individual comfort level.  Probably, most people would like to make as much money as they can, but without really knowing the direction of the market, the interval sizes can cause considerable outcome variation that can also be tweaked to individual views of future BTC price volatility performance and also toyed around with a bit on the margins to play around with risk tolerance and gambling tendencies of individuals - even though I think that both you (jbreher) and I tend to be a bit more robotic and systematic with our approach, and find some advantage in sticking with a system that seems to be working for each of us.



Generally, I agree with you that loose could work, too, but let me clarify a little bit more about what I am getting at. 

When I suggest a style, I am attempting to share a style that had already worked for me, and therefore, I think that in the beginning, I am trying to get the person to practice a lot and to use small increments and also small amounts... and the more and more the orders fill, the more practice that the newbie gets in order to begin to tweak and to move the increments out further and further and to increase the amounts.

I know that previously, I had accused you of employing newbie techniques with my accusation that more experienced traders should be attempting to employ broader and larger increments.  So, yeah, I was forced to walk that statement back a little bit, and I do currently acknowledge that on a personal preference level you could work yourself from looser to tighter rather than my suggestion to work from tighter to looser.

In the end, individuals can hopefully get used to the whole matter and attempt to find a system that suits their preferences in terms of how much time they are spending on setting and resetting orders in comparison with how much benefit is coming from that activity in terms of either profits or providing volatility insurance.






I think that you are just saying this because Valentines Day has gotten to you.   




I repeat myself too that if there is a large run on the price in one direction, then you are likely in a better position to profit more from larger increments, but I agree that smaller increments would perform better when there is a lot of back and forth in the price.. so in that regard, if you believe that we are about ready to break in one direction or another, then it may do you better to set your increments larger.. but you could end up being wrong, and then if we are caught in a zone unexpectedly, which also happens, you may have done better with smaller increments.

No Litecoin did not change to proof of stake. They changed the POW algo from SHA256 to scrypt. Now this fork, Litecoin Cash, is changing the POW algo back to SHA256, so you can use your old ASIC. Actually, being able to use your old ASICS is not what is going to happen. There are shit coins coming out all the time with SHA256 POW algo. What happens is that people still use their more modern ASICS. The obsolete ASICS are not going to be profitable, either.

negative

LTC is a scrypt hash coin...POW

Godaddy.com:
ethereumcash.com is available
Buy Now Price

$24,995.00*

Let me get this straight...so Litecoin basically took the Bitcoin code and changed it to Proof of Stake and raised the max 4 times.

Litecoin cash is taking the Litecoin code and changing it back to Proof of Work...and raising the max 10 times.

Umm...makes total sense.


4 guys listed as contributors...suddenly putting up a web page and Litecoin price goes nuts...

Edit:
Also, at the bottom of their web page under License:
Copyright (c) 2017 bitcoincash.org
Copyright (c) 2018 litecoinca.sh

That would be sensible. Unfortunately the badger is not a sensible chap. 

american "economyy" falling soo c mon up 

https://www.youtube.com/watch?v=KsuttGbMuxY&index=104&list=UUpwvZwUam-URkxB7g4USKpg

Yeah I would not expect this market to just go shooting back up to $14k any time soon.

It could be a long haul to get back there, and actually it would be a very healthy climb if it took the next 6-8 months. That would put a new ATH in the winter timeframe or perhaps early 2019.

https://www.youtube.com/watch?v=ygjJjDRrIwI
Block Digest Under the Microscope #1 - Monero
The first in what is hopefully a regular series of in depth skeptical breakdowns of alternative cryptocurrency projects by JW [Weatherman]. (Special thanks to Fluffypony for being a good sport and participating)

too tired for this now, but should be interesting. (possible summary tomorrow unless bitserve beats me to it)

Some day I will run out of popcorns: https://litecoinca.sh/

I think I should better go to bed already and maybe wake up tomorrow at or really near $10K. We deserve it.

If bitcoin doesn't break $9500 this week we all fail. as humans

The mempool dropping from 70 MB to 5 MB within two hours is amazing to watch.