Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23164. (Read 26623524 times)
January 28, 2015, 01:30:35 PM
I'm trying to decide when to buy in again
January 28, 2015, 01:29:33 PM
Man it gets quiet in here when the price is teetering on the edge either up/down.
Everyone too busy chewing their finger nails off?
Everyone too busy chewing their finger nails off?
January 28, 2015, 01:05:23 PM
Where there are losers there are winners too.
Tru, but the market requires 'sustainable shearing' and/or lots of new lambs in order to function at its best
Interesting. So then these 14,000 contracts represent real coins?
They represent approx 4.5k of BTC price exposure, but can be purchased on margin.
It is still by no means a small position. It's bigger than any of their top 10 holders (biggest is 13k contracts, the rest are all 3-5k)
I guess that 13k might be the other side of this trade !
January 28, 2015, 01:02:16 PM
did put some buy orders at 76 dollars
Buying at 76 would be pretty sweet
January 28, 2015, 01:01:20 PM
did put some buy orders at 76 dollars
January 28, 2015, 01:00:01 PM
January 28, 2015, 12:52:11 PM
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
Where there are losers there are winners too.
January 28, 2015, 12:50:42 PM
It's on, delusional fucks!
Max your credit cards and pump this shit!
Max your credit cards and pump this shit!
January 28, 2015, 12:44:21 PM
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
Interesting. So then these 14,000 contracts represent real coins?
January 28, 2015, 12:27:20 PM
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
January 28, 2015, 12:20:15 PM
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
That requires more sheep for the clippers !!!
No, none of it is anything very serious or overly new in this arena, and Coinbase has the potential to herd in some unsheared sheep
Just a couple of headwinds that make me think we are more likely to go down in the coming days than up.
January 28, 2015, 12:16:01 PM
Edit: I just realized that the USD swaps may include LTC longs as well.
I think your correct
Good point. Probably no more than $200,000 of it though, so very insignificant.
Look at the ltc short interest and compare it to btc
January 28, 2015, 12:11:49 PM
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
January 28, 2015, 12:04:47 PM
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
Personally I think that Coinbase pump and dump removed a significant amount of confidence and trust that was being slowly rebuilt. Lotta people got burnt AGAIN by obvious insider trading
OKCoin is still sitting with 14,000 futures contracts they need to liquidate at $275 and above ...
Their insurance fund is now annihilated and traders there will be taking a significant haircut this week on their gains unless we get above that level by Friday morning
Anyone who buys futures there today or tomorrow has a high chance of buying into a guaranteed socialised loss
Well it was disappointing, yeah, but if we actually overcome it, things will be looking even more bullish. What if everyone expects the market to go down... It goes up - we all know Bitcoin, don't we? But I agree that the debacle on OKCoin doesn't look good. But keep in mind: Coins/FIAT doesn't "disappear", it merely changes its owner who may invest it again.
January 28, 2015, 12:00:00 PM
January 28, 2015, 11:54:33 AM
Edit: I just realized that the USD swaps may include LTC longs as well.
I think your correct
Good point. Probably no more than $200,000 of it though, so very insignificant.
January 28, 2015, 11:49:54 AM
...
Those CoinTelegraph pics... The first word that comes to mind is always
Wonder if intensional?
January 28, 2015, 11:48:48 AM
I know what you meant. Just saying that's not always the case, no matter how many lines you draw on that chart.
I didn't say we cannot go up. I just said until something noteworthy happens, we'll probably keep inching downward, not sideways.I don't care about the lines. I care about the traders and I think they want to see if the market will go above or below the line. Until either happens, I think they'll just keep following it and it's going down.
January 28, 2015, 11:47:34 AM
Its going to lowest 200s, meanwhile 40k of BFL's coins moved 2 days ago. https://blockchain.info/address/1B9KrM7bjhJ42qJSWr1KJrNTAP1SNGMpJu
January 28, 2015, 11:35:26 AM
"Sideways" means down, because we follow the line.
Not necessarily. We had sideways in April/May 2014, second half of June 2014 and October 2014, all followed by going up. Not to the moon, but it allowed for profits.This is why the traders do not know whether to buy or sell:
I know what you meant. Just saying that's not always the case, no matter how many lines you draw on that chart.
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