Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16670. (Read 26609569 times)

There won't be a crown to take. It'll have turned to dust.

If they take the crown I will turn into an absolute Litecoiner to never hear of you again.

Hahaha. The story has not reached its epic conclusion, but the die had been cast. If Bitcoin Cash never progresses from its current position, it will already have succeeded. But it will be much more than now. By working together, XT, Classic, BU, ABC, and others have launched a winner, poised to take the crown. All in due time.

There you go with the elitist thinking again.  I am trying to be patient, but this is really offensive.

Who, pray tell, IS qualified to make such decisions in a democracy?

I certainly can't disagree that it's a politically constructed sideshow.  The problem is that it's the ordinary people that will pay the price, through loss of business, loss of jobs, loss of rights, a collapsed economy and high inflation...



The EU has serious problems, I never said it was perfect!  It won't be the bureaucrats in Brussels losing their jobs because of Brexit though, it will be ordinary hard-working people losing their jobs when the businesses they work for relocate to other countries in order to avoid trading tariffs and restrictions.



I never said that.  Just because I say that voters made a bad choice, strongly influenced by lies, on a decision that they were not qualified to make in the first place, does not mean that I wouldn't defend their right to make that choice.

if there is not already betting ongoing here:
http://alturl.com/ik795  (shameless affiliate link)
you can start yours by creating a new contract.

The narrow view of core seems to be quite good because it is open to participation and has the most competent folks keeping this whole bitcoin project on track.  If you want to go with a more flexible and smaller team, go with BCH or go with some other alt.  Otherwise, maybe if the numbnuts segwit2x nutjobs fork off in November, you can go with those retards.

I am glad that core has been able to maintain its focus and not give into the various nutjob attempts at terrorism, hostage taking, blackmailing and threads from various renegade disrupters which seems to have two branches currently within the bigblocker nutjobber group (including the BCH forkers and the possible segwit2x forkers)

Does anybody know if there is any place to bet bitcoin on Mayweather vs McGregor fight?

So is it logic that you don't understand, or is it English that you don't understand?

If it unemployes some bureaucratic parasites in Brussels that's good enough for me.

The EU is a failed institution, they would be well advised to start winding it down before the guillotines come out.

US households owe more than China GDP

I am on Bitfinex, so the rates did not go as high as Poloniex, and the longest term is 30 days, rather than 60; however, I still do have some loans that are outstanding and in the .75% per day territory.  Actually any rate above .1% per day is actually about 2-3x higher than the usual rate... maybe usually the rate is around .03% to .05%.. So on my highest loans I am still getting around 12-18x the usual rate.... and you seem to be getting nearly triple what I am getting on some of your highest rate loans.

Personally, I am thinking that the borrower might not be sophisticated enough to realize (or too lazy regarding figuring out how to float his money properly) that s/he can cancel and get a new loan.. But the gambling likely but the borrower into a position that s/he does not have any kind of meaningful float to get out of the situation.  that is my tentative thinking.. seems weird, but I cannot think of any other reasonable explanation. 

I mean think about if in late July, some borrower really believed that the odds were pretty high that the BTC price would be going down from the $2600 to $2800 price territory, and then they borrow the money, they have that money locked into a short margin position.  They figured that even going down to $2400 was a reasonable expectation.

However, the BTC price went up rather than down, and their short position is close to being called.  So not only are they borrowing at 1% per day, their total position is in the red and they are just hoping that the BTC price will go down in order that they can recover their daily percentage and the amount for which the price had moved against them. 

Could be that they are about ready to lose the totality of their shit, no? 

Seems likely that they entered into the short position in the $2600 to $2800 territory, and they were betting on $2400 or lower, but now in order to recover their daily percentage, they need even lower prices, and almost no matter what they do is going to end up in a loss, because currently, the odds seem quite against them to get anywhere near $2400 and they might even be hoping to cut losses at $3k, but even that is seeming quite unlikely, but they are hoping and hoping and don't want to lock into a loss to close their position and borrow at lower rates. 

I don't really understand because I don't believe in margin trading for my own practice.. even though I don't mind making some extra interest off of the poor situation of gamblers.

for me it's not personal with you or the other guy.
my point is the Brexit/remain debate is a total sideshow constructed by current political elites, completely irrelevant to the future of the British Isles, which absolutely belongs not to them but to us here present.

please read what you wrote and think about it. 

I am not sure why you are wanting to create some additional requirements upon me based on your own thoughts about the topic?  You seem to be talking about post style and discretion in posting rather than material and relevant substance, no?

In the past, you and I have also had some differences of opinion regarding what I am doing in terms of whether I am gambling or if I have a systematic strategy, and you seem to have some difficulties differentiating between what I am doing and gambling... so I have to take any of your recommendations with a grain of salt.... furthermore, it seems that  in the end, you want my walls of text to be even longer and more incomprehensible?  hahahha      

I doubt that I need to issue any disclaimer, and you seem to want to suggest that I have some kind of responsibility to issue investment advice in the arena of personal details, applicabilities, risks, timeline, financials, blah, blah, blah, for supposed newbies who might follow some variation of what they perceive to be my strategy. 

As much as you want to characterize, I am not issuing investment advice, and anyone on the internet needs to come to their own conclusions based on their own parameters rather than relying on what someone says in the interwebs, even though I am talking about what I do, and attempting to share information and to brainstorm regarding my ongoing relationship with BTC, and related topics..  .

In terms of the substance of your point, you are correct about the existence of third-party exchange risk, and some other associated risks that go with engaging in a practice of trading, including moving money around and also the fact that it can be very time-consuming to employ some of these trading (and investment protection) strategies... so yes there is some opportunity costs as well. 

My previous response post was not discussing every single aspect of trading, the positives and the minuses, and was not meant to be any kind of comprehensive rendition in any kind of way, so there are going to be varying priorities and a lot of other individual variations that were not within the scope of my earlier off-the-cuff response.

Come on then, all of you who are so quick to condemn me for my opinions, please explain why Brexit is a good thing or how politicians manipulating voters with lies is a shining example of democracy in action?  Do any of you really understand what has happened here?  Oh who gives a fuck.  Think what you want of me.   I only mentioned it in passing in the first place and somehow got jumped on.  Brits have been arguing this topic the length of the country for the past 18 months, there's no way I'm going to find an intelligent opposition on a Bitcoin forum.

Pyramid ages.
Logical.

Now now, ad homonym attacks and well poisonings do not move us forward, though I also find the view irrational.

I think she is confused, not evil, people evolve slowly.

Since you believe that a superstate will free you from the state you are clinically insane. Find a therapist.

 




"The British voters will have the opportunity to change the government at the next general election, yes, but they've already shown that their judgement is flawed"
 
The voters have a different opinion then me, so democracy must be bad". Where have I heard that before?