Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18494. (Read 26608133 times)

Don't worry... I don't know what optimism is.. you are talking to a person that owns a personal bunker. 

And my bitcoin is enough to pay rent for 2 years. And I keep my money in bitcoin just because I want at least 10 free years of "rent" in a exotic place so I can finish writing my book. I need to enjoy my lifestyle in the mountains having a view of mountains, forests, rivers, nature and birds making silly noises early in the mornings!

You people had such promise; with all the benefits afforded you by history, America somehow still manages to be the worst country in the developed world. Your mug of a would-be world leader regularly incites political violence and is a serial liar, rampant xenophobe, racist, and misogynist who has repeatedly pledged to ban all Muslims — 1.6 billion members of an entire religion — from entering the US. What happened to you? 

There fixed   what's a few million here or there in BTC the point still stand.

BTW shorts are over BTC20k again. Getting close to one year high of BTC23.8

Thanks brah. Apperciate your optimism. I'm still in long btw, hope I'm back in the black when I wake up tomorrow haha.

No biggie if I'm not. It would just wipe out part of the profit I made with my 'gambling money' I have on the exchange. My BTC for hodling are safe.

Say hi to your psychopath firneds from me ;+D

Hey, $26,000 is pretty close to $2,600,000...

 

Check your math.

Or it's all just noise.

Back to fundamentals

There are about $43.7MM swaps borrowed just on finex. At current daily rate of 0.06% That's $26k just in daily fees only on Finex
For the last month the conservative daily average trade volume on finex is BTC50000 assuming exchange fee of 0.2% on each trade that's BTC100 daily in fees or $62k. Plus about $10k that shorts are paying in fees. Or in total about $100k in daily fees just on Finex

In 13days there will be only $1.1MM worth of new BTC daily at current spot. So people are paying close to 10% just in fees only on one exchange of all of supply will be worth in 13 days 

But i still enjoy watching people try to momentum trade this or find those short term patterns. Time to stock up on more popcorn and HODL

maths are hard. Couldn't count that high on crazy daily interest

... I say burn the weak hands! I see my psychopath friends doing a good job shaking the weak hands!

It is exactly what I would do if I had a few hundred millions. I would drag the market in to a complacent place! And there I can rob everybody on their emotional state of uncertainty!

It is going up... just make sure to stay awake when it moves, so you can buyback in from where you are leveraged!

Sometimes, if it looks too bearish, it's actually bullish

Can't wait till the halvening so these pumps and dumps by mining traders will get cut in half. Feels like majority gets traded OTC and they manipulate the shit out of open market and their shallow order books

Bitcoin useful in tax fraud schemes, you say?
If true, expect BTC to get B&/regulated into oblivion.

I doubt the pound's going to take much more beating. Dollars and Euros are being printed at an alarming rate, and both can't really stop doing that, only try to not print faster than anybody else. The UK books are more in balance than the EU books, therefore the UK has the option to slow it's money press a little. I don't think the pound will have a large effect on BTC.

But there are other interesting things: UK citizens may face higher transaction cost to/from Europe, and especially small consumers will get more trouble with import taxes, i.e: a maximum amount they can spend tax-free each year.
(European consumers can now spend a relatively small amount in the US. Pass that limit, and substantial taxes (~20%) are added.)
UK citizens may also spend more in other countries in the world, now they are similarly priced to products for Europe (especially from China)
More worldwide payments that need to be cheap and fast for small payments, is good for bitcoin.
I think these 3 have more effect on BTC than the rate of the pound.

Large UK and EU companies will make sure they are well represented in the negotiations for new trade agreements, so they will be much less affected. The UK was in favour of a trade agreement with China, but the EU has blocked that until now. I don't know how good this would be for the UK, it would definitely be interesting, but maybe not affect BTC much.

The remaining countries in the EU are facing a hard choice: a few countries will need to make up the membership fee of the UK, or the EU would need to cut spending. The first will mean speeding up the money press, the second has never happened before, a may cause trouble for some of the EU countries that are depending on EU cash to survive.

Thanks i have sell at 4500CNY, i don't keep my bitcoin now, i didn't expect a bull to 1K $, do the same because at the halving 1BTC = 500$
it the same for the brexit, everybody say " go to the moon " ahahah

btc at hoobi stil at 666, this is awkwark... 

Support broken!
Didn't expect this... Waiting for a long entry, but this is getting bearisher...

The pound's going to take more of a beating, and any Brits who are aware of Bitcoin will start thinking about buying some. If they do well out of it they will tell their friends who aren't aware of Bitcoin. Also if the euro starts taking a beating the same could happen all over Europe. That demand could push Bitcoin over $1000 before the Autumn even without the approaching halving.

Fuck, went long off of 598 euro's.... I thought we were staggering up. That's well under water now, in danger of liquidation.

Ah well, you win some, you loose some when gambling :-|

Anything above 210 usd works for me. Maybe that is part of the problem with BTC. Too many early holders
Sitting on btc as a store of future value. Not enough folk pushing adoptin. Thus our situation i.e. Traction in
Fits and starts and sideways price wise.

Your jew tears please me!