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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16615. (Read 26609669 times)

legendary
Activity: 1358
Merit: 1016
So I think I'm feeling ready to make the move to accept bitcoin as an advertised method of payment in my jewelry business. I've been toying with the idea and suggesting it to customers for awhile now for the reaction.  In July, about 70% had heard of it, 1% had some but wouldn't use it, and around 30% who had heard of it said "not for me".  This week I noticed a much broader interest in bitcoin from my customers which turned into short conversations and several eavesdroppers approached me later to ask more about it.

My customers are largely middle and upper middle class.
I have a 17 day show starting this week and I've already printed the sign. BTCitcoin Accepted Here!

I've wanted to do the same thing. I own an electrical business but hardly anyone knows what bitcoin is where I live.

Well done to you.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
I thought he was talking about radio waves off of towers.
Apparently they are using existing satellites and you need an antenna that connects to a pc. I'm sure it's a matter of time before they gain access to smartphones.

Yeah, they mention a satellite antenna and an inexpensive usb receiver. Also mention SDR (software defined radio).

Quote from: github
Following is a list of all the hardware required:

    45cm Ku Band Satellite Dish (antenna)
    PLL LNB (linear polarization) w/ < = 200khz LO stability
    LNB Power Supply
    LNB Mounting Bracket
    Software Defined Radio interface
    Cables, Connectors, and Mounting Hardware

This sounds awesome.

SDR is ONLY for receiving or very short range tx.
legendary
Activity: 1464
Merit: 1136
So I think I'm feeling ready to make the move to accept bitcoin as an advertised method of payment in my jewelry business. I've been toying with the idea and suggesting it to customers for awhile now for the reaction.  In July, about 70% had heard of it, 1% had some but wouldn't use it, and around 30% who had heard of it said "not for me".  This week I noticed a much broader interest in bitcoin from my customers which turned into short conversations and several eavesdroppers approached me later to ask more about it.

My customers are largely middle and upper middle class.
I have a 17 day show starting this week and I've already printed the sign. BTCitcoin Accepted Here!
full member
Activity: 316
Merit: 100
Uhamm slow bites continues dig dang dig dang

another test on 3600~3700 levels before the final dump 3100
Or
I am dreaming to see 4600 in the next 8hrs

legendary
Activity: 1414
Merit: 1000
Not the best timing, but I have BTC/USD short open from $4041. Target is low $3000's.

Where have you placed the stop loss?


I adjust it based on market movement. Since we've made $3880, SL is now at $4201.

If price goes above $4100 again, based on market movement I suggest you adjust it at low $5000's.

I covered at $3840. Re-shorting this pop here. I don't hold my trades very long.

You must be crazy to short this market. I have seen countless of people blow up their accounts.

Shorting on margin is suicide, he is probably playing with a few hundred or thousand and will panic buy back at a loss of btc.
Seems clever to me.
We all waited for this correction, here it is.
Why not profit from it ?

It's risky, if it worked for you then more power to you.
hero member
Activity: 658
Merit: 503
Bear with me
Nicely done. Any bitcoin under $4000 / €3400 is a cheap coin.
legendary
Activity: 3780
Merit: 5429
I thought he was talking about radio waves off of towers.
Apparently they are using existing satellites and you need an antenna that connects to a pc. I'm sure it's a matter of time before they gain access to smartphones.

Yeah, they mention a satellite antenna and an inexpensive usb receiver. Also mention SDR (software defined radio).

Quote from: github
Following is a list of all the hardware required:

    45cm Ku Band Satellite Dish (antenna)
    PLL LNB (linear polarization) w/ < = 200khz LO stability
    LNB Power Supply
    LNB Mounting Bracket
    Software Defined Radio interface
    Cables, Connectors, and Mounting Hardware

This sounds awesome.
full member
Activity: 147
Merit: 100
Not the best timing, but I have BTC/USD short open from $4041. Target is low $3000's.

Where have you placed the stop loss?


I adjust it based on market movement. Since we've made $3880, SL is now at $4201.

If price goes above $4100 again, based on market movement I suggest you adjust it at low $5000's.

I covered at $3840. Re-shorting this pop here. I don't hold my trades very long.

You must be crazy to short this market. I have seen countless of people blow up their accounts.

Shorting on margin is suicide, he is probably playing with a few hundred or thousand and will panic buy back at a loss of btc.
Seems clever to me.
We all waited for this correction, here it is.
Why not profit from it ?

On another subject, now I hope BTC will stay above 4k so I can go snooze a little.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
What a beautiful trade: sold yesterday night at 3752 EUR and just bought back now at 3330.



 and I just bought some LTC too at 0.0103 because it looks like they just bottomed too.
legendary
Activity: 1414
Merit: 1000
Not the best timing, but I have BTC/USD short open from $4041. Target is low $3000's.

Where have you placed the stop loss?


I adjust it based on market movement. Since we've made $3880, SL is now at $4201.

If price goes above $4100 again, based on market movement I suggest you adjust it at low $5000's.

I covered at $3840. Re-shorting this pop here. I don't hold my trades very long.

You must be crazy to short this market. I have seen countless of people blow up their accounts.

Shorting on margin is suicide, he is probably playing with a few hundred or thousand and will panic buy back at a loss of btc.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Already back above 4000$ at finex. Could you guys please tell them to stop rising... Grin

Now that I reloaded on the way down??? No WAY Smiley
legendary
Activity: 1414
Merit: 1000


These aren't radio waves, these are satellite signals



how do you think these magic "satellite signals" work?   smh

I thought he was talking about radio waves off of towers.
Apparently they are using existing satellites and you need an antenna that connects to a pc. I'm sure it's a matter of time before they gain access to smartphones.
legendary
Activity: 1806
Merit: 1164
Bitcoin price hit a major long term Fibonacci extension at $4400 and is correcting. What else did you expect:) We have not reached the top yet IMO and $5500 -$6000 is my next target. Worst case is we retreat to $3400 before next push up. Charts and reasoning explained in this article. Happy trading!
hero member
Activity: 658
Merit: 503
Bear with me
Not the best timing, but I have BTC/USD short open from $4041. Target is low $3000's.

Where have you placed the stop loss?


I adjust it based on market movement. Since we've made $3880, SL is now at $4201.

If price goes above $4100 again, based on market movement I suggest you adjust it at low $5000's.

I covered at $3840. Re-shorting this pop here. I don't hold my trades very long.

You must be crazy to short this market. I have seen countless of people blow up their accounts.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
There's this new altcoin named fiat, I heard they take it at every store. With such wide acceptance it's a clear winner.

And with an infinite supply it assures that everyone will have some. Yay!

It doesn't have the inconvenience of needing cold storage. It comes pre-held by trusted 3rd parties.

They'll even let you spend it before you earn it if you pay them compound interest.
legendary
Activity: 1512
Merit: 1012
Erasing in progress ...

hero member
Activity: 589
Merit: 502
Ready to say goodbye to 3k territory?  
It is dropping because it saw it was to high for it's own good.
With no real improvement for all this increase it had to fall some time.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
I might be wrong but I don't think they have been "launching" any satellite but using transponders of already in orbit satellites. So yes, it is just a matter of deals.

Oh gotcha. Yeah makes sense. Such amazing genius and talent over there at Blockstream!

So what has Roger Ver's camp been dreaming up to expand Bitcoin into the future? Oh yeah, that's right. Changing a single config line in the code to 8mb and calling it revolutionary.

/facepalm

In the era of Netflix, satellites are not needed as much as in the past for broadcasting TV, so there's plenty of transponders for hire for uses that really take advantage of the fact that they are in orbit. This is one of those usage cases. And it's way cheaper than in the past.

full member
Activity: 282
Merit: 106
Already back above 4000$ at finex. Could you guys please tell them to stop rising... Grin
full member
Activity: 308
Merit: 100
Ready to say goodbye to 3k territory?  

Hello again $4k  Grin
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