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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14595. (Read 26609629 times)

member
Activity: 258
Merit: 14
My 9k alarm keeps sounding.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
May I please get September 1st 2018? Nobody got September and I love September. Since I am a latecomer I will donate the entire sum if it happens to be me. Sounds good?

If you snatched the prize from somebody who would have otherwise won, I don't think they'd be too pleased about that, even if you do donate your windfall. You're working with new information now that wasn't available to the other participants, so you shouldn't be allowed to compete.

One of the reasons (there are more) I picked 28/08/2018 is because it also covered a good part of September.

If it is allowed to pick new dates now, it should also be allowed to change the previous picks too. Maybe even the ones that already "lost" because maybe (or surely) they would have picked a later date now.

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Quote
hourly fix indicates a bear party just round the cnr

... #r3kt
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts).  Longs outnumber shorts 3.7:1


how to host an image
Can you explain whats going on here? to the stupid lol..


I certainly don't know what is going on, either. 

My understanding is that if there is so much confidence that BTC price are going up, and a large number of traders are betting margin longs, then that creates a really LARGE incentive for bearwhales to push the price in the opposite direction to force the longs to close. 

Accordingly, the forcing of the longs to close can then cause a cascading effect that allows for the bears to make much more money than it costs them to push the price down.

On the other hand, if the large number of traders betting for BTC prices to go UP are correct, then the ones betting on UP make a lot of money in that direction too....   I think that ultimately the considerably large ratio of longs to shorts does not tell us the price direction; however, it does likely tell us that in order to get BTC prices to move in either direction, there is going to be a necessity to spend a considerable amount of value in this price range to battle for your preferred direction.. which signifies a need for a decent amount of volume to get the BTC price to move either direction based on the way that the bets are currently laid. 

TLDR:  Seems that we are in a critical battle price range....
legendary
Activity: 3122
Merit: 1538
yes
That's worrisome.

Perhaps time to place a double bottom and then get on with the show?
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts).  Longs outnumber shorts 3.7:1


how to host an image

That's worrisome.
member
Activity: 100
Merit: 10
Donate --> 15B6eKDUmjbV21Ujwj32HCX7qctCeSuzyi
Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts).  Longs outnumber shorts 3.7:1


how to host an image
Can you explain whats going on here? to the stupid lol..
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Ratio of BFX longs to shorts is at ATH (blue line is longs v shorts).  Longs outnumber shorts 3.7:1


how to host an image
legendary
Activity: 2842
Merit: 1511
May I please get September 1st 2018? Nobody got September and I love September. Since I am a latecomer I will donate the entire sum if it happens to be me. Sounds good?

If you snatched the prize from somebody who would have otherwise won, I don't think they'd be too pleased about that, even if you do donate your windfall. You're working with new information now that wasn't available to the other participants, so you shouldn't be allowed to compete.
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 1652
Merit: 4393
Be a bank
sr. member
Activity: 579
Merit: 267
Oh bitcoin Why cant we go through $9k struggling

Instead of bitcoin users buying bitcoins they are creating 9k memes. While Wall Street is selling.

Put away the Windows Paint and buy fools!


If i had the Damn money  i woud buy them all
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Oh bitcoin Why cant we go through $9k struggling

Instead of bitcoin users buying bitcoins they are creating 9k memes. While Wall Street is selling.

Put away the Windows Paint and buy fools!
sr. member
Activity: 579
Merit: 267
Oh bitcoin Why cant we go through $9k struggling
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
legendary
Activity: 1596
Merit: 1061
Smile

auscoin.io
Bringing AUSCOIN to the mainstream consumer market through the implementation of its world-first ATM network;

atm - btc to cash, cash to btc - wallet of your choosing i think

promising

oh man

the cops are going to just love the shit out of that


/s

Already 3 btc atms operating in Sydney Australia by a company called "Bitrocket"

https://coinatmradar.com/city/157/bitcoin-atm-sydney/

http://www.bitrocket.co/

Available in Sydney, Melbourne, Tasmania. Coming In 2018: Parramatta, Gold Coast, Brisbane, Hobart, Perth, Newcastle and Adelaide.

legendary
Activity: 3374
Merit: 4738
diamond-handed zealot

auscoin.io
Bringing AUSCOIN to the mainstream consumer market through the implementation of its world-first ATM network;

atm - btc to cash, cash to btc - wallet of your choosing i think

promising

oh man

the cops are going to just love the shit out of that


/s
legendary
Activity: 3780
Merit: 5429
legendary
Activity: 1596
Merit: 1061
Smile
I guess nobody cares about this: http://money.cnn.com/2018/02/11/investing/lagarde-bitcoin-regulation/index.html

Wow was 8000 the new bottom retest?

Where’s Smokey the Bear?

Maybe that IMF statement was too pathetic sounding?
Why would anybody give a rat's ass about regulation when decentralized exchanges are on the horizon? For the very first time in history regulators won't be able to dictate their rule upon citizens.

Yea that sounds very interesting i’ll have to read about what that means... how they work etc.
It means that they can't be taken down, because just like Bitcoin they would be a distributed peer to peer platform. The details are more complex, with atomic swaps and whatnot, but basically you'd be trading with people directly via smart contracts, which would actually be safer than traditional exchanges as well due to the abolishment of counterparty risk (as long as there's no Parity style fuck ups).

I looked into it a bit and it looks awesome. But I’m still not sure how you get fiat in and out of the exchange if it’s decentralized. Sure u can do p2p fiat transactions like on localbitcoin but beyond that I don’t see how u could cash out so easily unless u find one person who wants all your coin ur selling.  

I think it will be more like a decentralized Tether where you will do p2p like localbitcoins to get your crypto-fiat, but from there you can participate in crypto exchanges just as if you were on a regular exchange. Most people only put their money on the exchange or take it off once in a while. The p2p transactions would not be too frequent in that case.
from decetralized exchange to a
decentralized atm

that would be awesome or shops just accept btc

auscoin.io
Bringing AUSCOIN to the mainstream consumer market through the implementation of its world-first ATM network;

atm - btc to cash, cash to btc - wallet of your choosing i think

promising
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