Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15017. (Read 26714868 times)

why not simply "invest" in the big mega banks they target? :\ you a fool.

People dont learn and invest back in ripple. It looks like not much people have interest in Bitcoin. Cant see an ath in the near future.

GBTC is splitting 1:91, effectively resulting in about 1mbtc/share.
An interesting experiment.

penny stocks could be liquid.
One such example is SIRI that was a penny stock for years with 5 bil shares.
It's volumes pretty much stayed the same all the way from $0.1 (a decade or so ago) to the current price around $5.

I have never seen more dishonest people in my entire life as this forum:

Not low luquidiity today. During high volume you can buy XRP and ETH from walls of up to $2 million in a single order. Penny stocks are lucky to see $100k of volume in an entire day. Have you ever traded a penny stock? It would be worse than trying to trade PPC, which has 15btc of volume today. It's a nightmare. If you buy at the wrong time you are instantly wiped out with no chance to sell even if the price hasn't moved and you know you need to sell.

This was funny.  At this junctions alts are exactly that.  Low liquidity penny stocks.

Oh yea, I'm sure you'll notice Roger Ver in that video going all nuts about bitcoin.  I don't really understand how someone can act so fanatical about bitcoin.  I could understand being that enthusiastic about expelling the Jews from the country, but not bitcoin.  I mean, he's pretending bitcoin is some type of end-all cure for the world's problems.  Does this guy have no idea how the world works?  You are solving 0 problems without getting rid of the Jews.  Whatever type of system you create, the same parasites that took control of the current one will switch right over.  Get rid of the evil cult of parasites if you want to actually make a difference.

It looks like it's time for the bitcoin theme song again:

http://www.youtube.com/watch?v=lwL3yP260AQ

I will lie with alts but I won’t sleep with them.

And the square root of millions is...?

South Korea isn't like China, it doesn't have a great firewall doing its best to stop its citizens circumventing restrictions.

I really hate to agree with you, Tera, but fair enuff, fair enuff

Regarding your depiction of a systematic approach to alt coins that attempt to leverage them and/or accumulate more BTC, then that seems like a fair and even quasi-relevant to this thread - yet you can likely concede to some of my skepticism regarding alts when there frequently can be a decent level of distraction in this thread and for a lot of folks who move into alts with bad timing and end up getting tricked out of their BTC.

So, perhaps a cautionary tale remains that anyone should recognize dangerousness and even quasi-gambling aspect to playing with alts (might work out to accumulate more BTC and might not).   In other words, I am showing you this dangerous trick that I can do (and I know how to do), but you should not try this at home. 

Just FUD.  On same page:

"Old hands in South Korea Bitcoin market unfazed by threats of ban

Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent."

Dunno, but millions at this point. How many is the question.

I do the same thing with staggered buy orders when I go to sleep but then cancel them when I wake up.

And I'm not pumping alts - I just think they're good daytrades during high volatility movements. At this point I wouldnt reccomend them - only before. When I first came on board in 2013 I followeds bitcoin but daytraded litecoin instead of bitcoin and made a killing. If I tried to trade btc instead of ltc I'd lose - it wasn't volatile enough. I never hodl alts though - only btc

I guess I am rolling my eyes at the theatre that "we" are enabling Tera to perform, but at least she winked at the crowd with the absurdity of it all, with her chainsaw juggling reference - but still the gawdiness of it all.  She is probably wearing a clown outfit, too....  






Assuming that Tera is not making shit up with her inclusion of alt pumping in her self-congratulatory disclosure of her recent trades,  my BTC trading is quite a bit more robotic than Tera's supposed system.    

Since my BTC buy orders are spread across a few exchanges and at about $1k increments, only one of my BTC buy order hit a $9k bottom, and another 3 lowest buy orders filled for me around $10k.  Then after my BTC buy orders fill, I had an opportunity to set sell orders (within my already established system) at $1k increments upwards, which orders were at $10k and $11k for the lowest one, and $11k and $12k for the three exchanges that had filled at higher amounts.  So I think that I had about 8 sell orders that had filled in the past about 13 hours, since we had reached the so far bottom of this most recent BTC price correction.

I agree with several recent posters in this thread that are considering a BTC price recovery of around $13k arena to provide a decent level of assurance that we are out of the woods in regards to this particular BTC price correction.

Alibaba Launches Cryptocurrency Mining Platform
https://www.investopedia.com/news/alibaba-launching-crypto-platform/
Not Amazon yet.

All of the alts are merely acting like leveraged bitcoin right now. It doesnt matter what you think of that alt. If youre confident bitcoin is going to make a move than using the alt is a more profitable choice. XRP was especially appealing because it was down 75% from the high it had just 2 weeks ago. I figured if btc had a hard rebound then XRP could easily see a crazy spike as high as 200% transiently, though I ended up settling for 50% instead. At the very least you were definitely going to get your buy price back after any kind of bounce. Think of the 85 cent XRP. Where do you think it was going? Was it just going to go down to like 50 cents and stay there indefinitely without any bounces? It was just $3.30. 2 weeks! I understand the fundamental sentiment about ripple but this isnt a penny stock, it's a multi billion dollar digital currency.