Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21233.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: belmonty on July 18, 2015, 01:04:20 PM

Quote from: inca on July 18, 2015, 12:58:39 PM

Quote from: LFC_Bitcoin on July 18, 2015, 12:15:40 PM

Quote from: inca on July 18, 2015, 11:45:48 AM

Back from the beach. Price flat. Longs/shorts not doing much.

Right off for a cycle. Grin

Beach? Thought you were from Birmingham mate? Yeah price flatlining atm. Pretty dull but this is a long game, we're in this for years. No rush for huge price surges, sideways = still opportunity to keep accumulating. I'm going to a party in an hour or so. Bitcoin can take a back seat until tomorrow Grin

In Greece going slowly brown

Have you sold any Bitcoins to Greeks through local Bitcoins yet? They were selling for way above the market rate last week but I haven't heard how much they are selling for since the Grexit fears subsided. Somebody from Greece quoted a very high figure last week and I'm interested in hearing if it's still the same.

No, just enjoying my holiday. To be honest you wouldn't know anything was afoot if you didn't turn on the tv. What is amazing is how democracy has just been ignored here. There should have been revolution.

belmonty

sr. member

Activity: 295

Merit: 250

Quote from: inca on July 18, 2015, 12:58:39 PM

Quote from: LFC_Bitcoin on July 18, 2015, 12:15:40 PM

Quote from: inca on July 18, 2015, 11:45:48 AM

Back from the beach. Price flat. Longs/shorts not doing much.

Right off for a cycle. Grin

Beach? Thought you were from Birmingham mate? Yeah price flatlining atm. Pretty dull but this is a long game, we're in this for years. No rush for huge price surges, sideways = still opportunity to keep accumulating. I'm going to a party in an hour or so. Bitcoin can take a back seat until tomorrow Grin

In Greece going slowly brown

Have you sold any Bitcoins to Greeks through local Bitcoins yet? They were selling for way above the market rate last week but I haven't heard how much they are selling for since the Grexit fears subsided. Somebody from Greece quoted a very high figure last week and I'm interested in hearing if it's still the same.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

inca

legendary

Activity: 1176

Merit: 1000

Quote from: LFC_Bitcoin on July 18, 2015, 12:15:40 PM

Quote from: inca on July 18, 2015, 11:45:48 AM

Back from the beach. Price flat. Longs/shorts not doing much.

Right off for a cycle. Grin

Beach? Thought you were from Birmingham mate? Yeah price flatlining atm. Pretty dull but this is a long game, we're in this for years. No rush for huge price surges, sideways = still opportunity to keep accumulating. I'm going to a party in an hour or so. Bitcoin can take a back seat until tomorrow Grin

In Greece going slowly brown

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

I'd like to see us drop to $272 a couple more times. I want MOAR COINZ!

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: inca on July 18, 2015, 11:45:48 AM

Back from the beach. Price flat. Longs/shorts not doing much.

Right off for a cycle. Grin

Beach? Thought you were from Birmingham mate? Yeah price flatlining atm. Pretty dull but this is a long game, we're in this for years. No rush for huge price surges, sideways = still opportunity to keep accumulating. I'm going to a party in an hour or so. Bitcoin can take a back seat until tomorrow Grin

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

inca

legendary

Activity: 1176

Merit: 1000

Back from the beach. Price flat. Longs/shorts not doing much.

Right off for a cycle. Grin

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: BlindMayorBitcorn on July 18, 2015, 10:55:39 AM

Quote from: JimboToronto on July 18, 2015, 10:34:38 AM

Good morning Bitcoinland.

Still scrapping over $280 I see. As sideways as it gets.

The last few weekends have seen movements. Will this one be dead flat?

I think the market is still trying to decipher this cryptic message from BTC-e:

Quote from: Wandererfromthenorth on July 18, 2015, 10:41:10 AM

For anybody interested, here is the official statement from BTC-E owners regarding this and other similar incidents in the past that had losses of customer funds as an unfortunate consequence.

http://languagelog.ldc.upenn.edu/myl/ExpletiveDeficit1.jpg

translation:
https://i.imgur.com/SiN92.gif

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

BlindMayorBitcorn

legendary

Activity: 1260

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Quote from: JimboToronto on July 18, 2015, 10:34:38 AM

Good morning Bitcoinland.

Still scrapping over $280 I see. As sideways as it gets.

The last few weekends have seen movements. Will this one be dead flat?

I think the market is still trying to decipher this cryptic message from BTC-e:

Quote from: Wandererfromthenorth on July 18, 2015, 10:41:10 AM

For anybody interested, here is the official statement from BTC-E owners regarding this and other similar incidents in the past that had losses of customer funds as an unfortunate consequence.

http://languagelog.ldc.upenn.edu/myl/ExpletiveDeficit1.jpg

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Good morning Bitcoinland.

Still scrapping over $280 I see. As sideways as it gets.

The last few weekends have seen movements. Will this one be dead flat?

BrewCrewFan

hero member

Activity: 672

Merit: 501

Quote from: ImI on July 18, 2015, 10:07:47 AM

Quote from: abercrombie on July 18, 2015, 10:02:47 AM

is crypto done?? Huh

she is so cute <3

The blonde or the chick that happens to have facial features of a male lol.

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: abercrombie on July 18, 2015, 10:02:47 AM

is crypto done?? Huh

she is so cute <3

White sugar

legendary

Activity: 1232

Merit: 1005

Quote from: everaja on July 18, 2015, 09:04:46 AM

Quote from: ChartBuddy on July 18, 2015, 09:01:39 AM

Coin

Explanation

Hia ..
can anybody , you predict for me that what will be the max and min range for BTC/USD for next 24 hours.

Next 24 hours are unpredictable, because we don't know how bots react to mr102 events like this one, and people may be AFK and unable to take another position, etc.

If no one more panics, I think price will be between 270-280 until the end of the weekend, and monday will decide where will we go

abercrombie

legendary

Activity: 1159

Merit: 1001

is crypto done?? Huh

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

Sitarow

legendary

Activity: 1792

Merit: 1047

Quote from: cyclotronmajesty on July 18, 2015, 09:14:54 AM

A trailing stop isn't as easily exploited I think? Aren't they are slower to readjust?

I had a stop at 250 or so a while back and a guy just sold .00001 BTC at a low price and triggered the order and meanwhile the BTC sold for highest bid which happened to be lower than the stop loss ~ 249 or so.

However if you set a really low trailing stop like one at ~ 10% loss I think you are covered.

You defiantly can't put them too close to your buying price. U can't put them too far either or else you will sell at the bottom of the wave.

And for situations like this:

Putting a very low one would be a disaster.

Makes all other trades in the chart look minor.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: everaja on July 18, 2015, 09:09:19 AM

Quote from: Erdogan on July 18, 2015, 09:07:13 AM

No, but based on the characteristics of the money system, and the natural spreading of information, there is a slightly higher probability of a higher price than a lower price.

I mean will it cross 280 $
or will be below it?

There is a slightly higher probability of over 280, than below (assuming the price is 280 now, it is, close enough). According to me. Did you expect to get a sure answer? Who's responsibility would it be, if the answer was wrong? If it was an advice from a government sanctioned entity, would it be the entity, the government, or yourself? Maybe you just write badly, but, you have to take responsibility. Do something or do nothing, and take responsibility.

cyclotronmajesty

sr. member

Activity: 420

Merit: 250

Quote from: Erdogan on July 18, 2015, 08:51:10 AM

Quote from: cyclotronmajesty on July 18, 2015, 07:09:58 AM

Quote from: rpietila on July 18, 2015, 07:01:10 AM

BTC-E allows leverage, and this means that:

- some people have used it to go long
- they can be wiped out by forcing the price down to trigger automatic margin call
- some (other) people have access to the information on the margin call limits, either accurately or by deduction
- selling as much as to trigger the cascade, and then buying them back cheaper from the cascade, is called $$$ (profit)
- no real BTC need to be involved at all, because the operation happens completely in the exchange internal system

Wow. That's diabolical.

Guess u always should set a stop loss for margin trades.

Normally, you have to, in bitcoin. But it is the stop losses that are the problem, someone always knows and they can exploit them. So the advice should be the opposite - if you have the choice, and consider a stop loss: reconsider.

A trailing stop isn't as easily exploited I think? Aren't they are slower to readjust?

I had a stop at 250 or so a while back and a guy just sold .00001 BTC at a low price and triggered the order and meanwhile the BTC sold for highest bid which happened to be lower than the stop loss ~ 249 or so.

However if you set a really low trailing stop like one at ~ 10% loss I think you are covered.

You defiantly can't put them too close to your buying price. U can't put them too far either or else you will sell at the bottom of the wave.

And for situations like this:

Putting a very low one would be a disaster.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21233. (Read 26711605 times)