Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21500.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Fakhoury on June 17, 2015, 06:46:58 PM

How is this related to Bitcoins, gentlemand ?

Aw man. I dunno. You need a Technical Analysis advocate. I'm most definitely not sold on the whole concept.

In essence it charts predictable levels of support or resistance in the price movement. The inventor was born around 850 years ago which maybe says it all.

Fakhoury

legendary

Activity: 1386

Merit: 1027

Permabull Bitcoin Investor

Quote from: Norway on June 17, 2015, 06:49:38 PM

Quote from: Fakhoury on June 17, 2015, 06:46:58 PM

Quote from: gentlemand on June 17, 2015, 06:33:52 PM

Quote from: Norway on June 17, 2015, 05:54:03 PM

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

Fibonacci retracement.

http://www.investopedia.com/articles/technical/04/033104.asp

How is this related to Bitcoins, gentlemand ?

It's not. Only if you believe math is a religion, not a tool Wink

Then why did empowering said it when it's not in the context ?

Norway

sr. member

Activity: 406

Merit: 251

Quote from: Fakhoury on June 17, 2015, 06:46:58 PM

Quote from: gentlemand on June 17, 2015, 06:33:52 PM

Quote from: Norway on June 17, 2015, 05:54:03 PM

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

Fibonacci retracement.

http://www.investopedia.com/articles/technical/04/033104.asp

How is this related to Bitcoins, gentlemand ?

It's not. Only if you believe math is a religion, not a tool Wink

EDIT: And don't mind CryptoPolice, Fakhoury. He is a troll. Just click "ignore" like I just did, buddy Wink

CryptoPolice

newbie

Activity: 6

Merit: 0

Quote from: Fakhoury on June 17, 2015, 06:46:58 PM

Quote from: gentlemand on June 17, 2015, 06:33:52 PM

Quote from: Norway on June 17, 2015, 05:54:03 PM

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

Fibonacci retracement.

http://www.investopedia.com/articles/technical/04/033104.asp

How is this related to Bitcoins, gentlemand ?

ROFL at this newbie

https://i.imgur.com/nRnkDf4.gif

Fakhoury

legendary

Activity: 1386

Merit: 1027

Permabull Bitcoin Investor

Quote from: gentlemand on June 17, 2015, 06:33:52 PM

Quote from: Norway on June 17, 2015, 05:54:03 PM

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

Fibonacci retracement.

http://www.investopedia.com/articles/technical/04/033104.asp

How is this related to Bitcoins, gentlemand ?

Norway

sr. member

Activity: 406

Merit: 251

Quote from: gentlemand on June 17, 2015, 06:33:52 PM

Quote from: Norway on June 17, 2015, 05:54:03 PM

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

Fibonacci retracement.

http://www.investopedia.com/articles/technical/04/033104.asp

Ahh, I get it. I hope it was a joke by empowering. (Too many people here that believe in TA, lol!)

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Norway on June 17, 2015, 05:54:03 PM

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

Fibonacci retracement.

http://www.investopedia.com/articles/technical/04/033104.asp

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: Norway on June 17, 2015, 05:54:03 PM

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

I can't believe you don't know this magic number.

galdur

hero member

Activity: 616

Merit: 500

Interesting volume. Just what the doctor has been ordering for over a year. Maybe this has some legs, we´ll have to see what we´ll see. Good luck, g

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: ?? on ??

Quote from: dropt on June 17, 2015, 05:53:17 PM

20,000 coins using 3x leverage... Need something like 6667BTC to borrow the remainder. So you could flash that wall with 6667BTC + whatever to cover borrowing costs, or ~1.6MM.

It's entirely possible, and I'm not sure that it's been discussed to any length, that the bid (and ask?) wall(s) are predominantly borrowed money.

We would see increase/reduce is swaps... or?

I don't trade leverage, so I can't comment with certainty. But I believe that bfxdata.com only shows that swaps were taken, not that they were actually used in any capacity. So if I had 1.6MM+ I could borrow the remaining funds, but not actually place a limit or market order. I could borrow every single coin there is to borrow (as long as I can pay the interest) but not actually sell them. Effectively bfxdata would show that those funds had been lent out, but we wouldn't know that they were used until we could correlate the swap against buys/sells.

If someone knows otherwise, hopefully they can speak up.

cyclotronmajesty

sr. member

Activity: 420

Merit: 250

Quite the volatility eh?

There was defiantly a bull trap up there in the 250s ... They had a price wall up, and they took it down... that made me think there was buying action going on... actually they just moved the wall up so that fooled me. =/ All my profit from 232 is now gone. Now i'm loosing money again.

Dilla

hero member

Activity: 588

Merit: 500

Uhhhh

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

Norway

sr. member

Activity: 406

Merit: 251

Quote from: empowering on June 17, 2015, 05:51:12 PM

61.8 %

I don't get it, empowering. 61.8 % of what? Tell me!

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: bubble83 on June 17, 2015, 05:42:04 PM

Quote from: dropt on June 17, 2015, 05:07:37 PM

Quote from: ChartBuddy on June 17, 2015, 04:57:13 PM

Coin

Explanation

It's kind of fun watching the manipulator play with all of the traders like this. Talking about the bidwall as if it was real, and now that sell wall as if it's real.

If it wasn't for the fact that Bitfinex does leverage its order book chart would look identical to Bitstamp's. How much would it cost to put up a giant 20k wall like the buy wall that just got pulled?

20,000 coins using 3x leverage... Need something like 6667BTC to borrow the remainder. So you could flash that wall with 6667BTC + whatever to cover borrowing costs, or ~1.6MM.

It's entirely possible, and I'm not sure that it's been discussed to any length, that the bid (and ask?) wall(s) are predominantly borrowed money.

Cconvert2G36

sr. member

Activity: 392

Merit: 250

Whoosh!

Lol, party's over, whale flipped the manip switch.

empowering

legendary

Activity: 1078

Merit: 1441

61.8 %

bubble83

member

Activity: 72

Merit: 10

Quote from: dropt on June 17, 2015, 05:07:37 PM

Quote from: ChartBuddy on June 17, 2015, 04:57:13 PM

Coin

Explanation

It's kind of fun watching the manipulator play with all of the traders like this. Talking about the bidwall as if it was real, and now that sell wall as if it's real.

If it wasn't for the fact that Bitfinex does leverage its order book chart would look identical to Bitstamp's. How much would it cost to put up a giant 20k wall like the buy wall that just got pulled?

Sitarow

legendary

Activity: 1792

Merit: 1047

Norway

sr. member

Activity: 406

Merit: 251

Quote from: Fatman3001 on June 17, 2015, 05:35:42 PM

Quote from: Norway on June 17, 2015, 05:15:48 PM

Quote from: Fatman3001 on June 17, 2015, 05:09:34 PM

Quote from: ?? on ??

EDIT: Vikings invaded both US and Russia more than a thousand years ago.

?

Vikings set up a community in Newfoundland (Canada) and started trading with the locals. It turned out that the locals were quite lactose intolerant and thought the Vikings were trying to poison them. So the locals started mounting attacks which eventually lead to the vikings retreating back to Greenland and Iceland.

Nor did the Vikings invade Russia. They created Russia. The name Russia comes from the Rus who were the people of Rurik the Viking/Varangian. Rurik created the city state of Novgorod and the Rus took Kiev as base for launching attacks against Constantinople. This eventually became Tsarist Russia.

"Set up a community" and "create a country" may be seen as invation by the invaded, lol!

... this is stupid. The nerd within overwhelmed me.

Sure. Vikings ROCK!!!

Oh, sorry. I meant invitation, not invation. My typo! Ha ha ha Grin

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21500. (Read 26708735 times)