Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15616. (Read 26610289 times)
December 03, 2017, 11:28:00 PM
But we can probably expect some consolidation around moving averages before testing resistances.
December 03, 2017, 11:25:13 PM
Bitcoin is coiling for another strike?
Good. Now I say “It feels like we are still some distance from a new ATH. We just aren’t mentally ready.”
Lol. I can't say that.
December 03, 2017, 11:22:43 PM
Bitcoin is coiling for another strike?
Good. Now I say “It feels like we are still some distance from a new ATH. We just aren’t mentally ready.”
December 03, 2017, 11:20:12 PM
Bitcoin is coiling for another strike?
December 03, 2017, 11:17:42 PM
Isn’t it about time for someone to say bitcoin is coiling for another strike?
December 03, 2017, 11:03:51 PM
Venezuela to launch a state sanctioned cryptocurrency to evade US sanctions. Not sure what this means for Bitcoin but this would definitely be the first state run crypto. My sense is that this is a further step towards validation.
http://www.bbc.com/news/world-latin-america-42217798
http://www.bbc.com/news/world-latin-america-42217798
December 03, 2017, 10:58:06 PM
Another day, another ATH. What a boring year. 
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Meantime that thousand dollar crash is so a few hours ago......
Bitcoin is now toats boring if it's not vertical (either up or down)
December 03, 2017, 10:38:32 PM
You can sell naked calls without the underlying asset with enough collateral / capital.
Naked calls on bitcoin? Define “enough collateral”.
The way I understand the rules, there's a daily +/- 20% hard limit before trading stops, and the positions are regulated daily.
As I understand it, the 20% limit only applies to the daily market. Not sure what happens in the overnight market.
December 03, 2017, 10:20:02 PM
Meantime that thousand dollar crash is so a few hours ago......
December 03, 2017, 10:19:45 PM
You can sell naked calls without the underlying asset with enough collateral / capital.
Naked calls on bitcoin? Define “enough collateral”.
The way I understand the rules, there's a daily +/- 20% hard limit before trading stops, and the positions are regulated daily.
December 03, 2017, 10:10:43 PM
If we can keep from bubbling up, we might make it to $50k-$60k before crashing to somewhere higher than we are now.
This sounds horrible.
I'll take a rise to 50k. I've got predefined sell points, so I'd take some off the table at those levels.
I've been meaning to set predefined sell points. Haven't got around to it yet.
Note to self: You will take 25% off the table after two more doublings. There, like a professional.
December 03, 2017, 10:03:31 PM
Damn, this is so f"-ing bullish.
Any idea from where all this money comes from??
Because from all these trades on the exchanges, there seems to be a shortage.
Any idea from where all this money comes from??
Because from all these trades on the exchanges, there seems to be a shortage.
December 03, 2017, 09:59:08 PM
Yeah, no doubt you had a good rebuy opportunity, even right now. But calling 3k after it was weird
I seem to recall TERA being much derided during the 2013 bubbliness for making v bearish calls. History shows vindication with knobs on.
Everyone was screaming that another bubble was around the corner, but not TERA, she called it correctly!
December 03, 2017, 09:58:43 PM
BTCBTCHODL<3
December 03, 2017, 09:57:42 PM
If we can keep from bubbling up, we might make it to $50k-$60k before crashing to somewhere higher than we are now.
This sounds horrible.
I'll take a rise to 50k. I've got predefined sell points, so I'd take some off the table at those levels.
I've been meaning to set predefined sell points. Haven't got around to it yet.
December 03, 2017, 09:56:30 PM
If we can keep from bubbling up, we might make it to $50k-$60k before crashing to somewhere higher than we are now.
This sounds horrible.
I'll take a rise to 50k. I've got predefined sell points, so I'd take some off the table at those levels.
December 03, 2017, 09:22:58 PM
I do think a large retracement is on the cards in the not-so-distant future. Bitcoin has exhibited a fractally repeating pattern, do we bet against another iteration?
Indeed that fractally repeating pattern is happening as we speak. It's all a matter of where we are in the pattern.
This is why I like to see regular corrections as we go. As long as it's a steady line on the log chart we're OK. It's when it veers upward too quickly as it did in June 2011 or late March/early April or late November 2013 that it becomes a bubble and is destined to crash.
If we can keep the rise steady like in winter/early spring of 2011, or winter or mid-autumn of 2013, we could see some longer-lasting gains.
So far since early springtime, 2017 has been nice and steady, correcting whenever it's gotten close to running away:
Eventually it will almost surely move up to quickly and crash. Last year I thought that it would make it to $6k-$8k and crash to maybe $2k. We've already passed that and we're still going relatively smoothly.
If we can keep from bubbling up, we might make it to $50k-$60k before crashing to somewhere higher than we are now.
Just my 2 satoshis.
max keiser says the cost to make a bitcoin is $1OOO :-D wut
December 03, 2017, 08:38:35 PM
If we can keep from bubbling up, we might make it to $50k-$60k before crashing to somewhere higher than we are now.
This sounds horrible.
December 03, 2017, 08:38:15 PM
This, all of this just makes me go think about that nonsense post on reddit from a few years ago:
https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
the 1st reply was priceless..
He probably read that post 4+ years ago and did lots of meditating about his future.
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