warfare is not gambling, warfare is an art... just ask SunTsu
warfare is gambling if you dont know your enemy
Is gambling not also an art?
Art is warfare.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24407. (Read 26714193 times)
November 22, 2014, 11:09:48 AM
warfare is not gambling, warfare is an art... just ask SunTsu
warfare is gambling if you dont know your enemy
Is gambling not also an art?
Art is warfare.
November 22, 2014, 11:03:39 AM
warfare is not gambling, warfare is an art... just ask SunTsu
warfare is gambling if you dont know your enemy
Is gambling not also an art?
Art is warfare.
November 22, 2014, 11:03:34 AM
Note that people bid at auctions not to get coins at any cost, but to get coins at a good price. If someone wants 10'000 coins, and he can get them off exchange for 300$/BTC, it makes no sense to bid for more than 300$/BTC, even if he expects that there may be higher bids.
Well you avoid slippage, and I imagine it would be less of a pain in the ass to buy them at the auction than it would be to trust these random exchanges with all that money and wait for bids to fill. I imagine that would make it so bids close to market would be feasible. Not so sure about bids that are slightly higher than market, and I'd say bids significantly higher than market probably should not be expected.
Sorry, by "get them off exchange" I meant "get them through a private over-the-counter deal (not at the exchanges)". So, I expect that bids will be limited by the price that one could pay in an over-the-counter buy of the same size (unless an "irrational" rich bidder enters the auction).
I would think that the over-the-counter price for 10'000 is not much above the open market, otherwise arbitragers would promptly step in and equalize the prices. For 50'000 coins, I would not dare to guess...
Ah, I misunderstood, thanks for clarifying. I would respond instead with it would be rather difficult to find someone willing to sell you this many coins over the counter in one go, so you're probably going to have to accumulate it over time, either buying some on exchanges anyway, or from spending time finding multiple OTC sellers. Might still be worth a small premium (or at least a price at or neat market) to get it all in one go for someone who really wants a large amount of BTC.
November 22, 2014, 11:01:44 AM
Hopefully we stay below 400 until next thursday.
Please stop quoting troll posts!
Please stop quoting troll posts!
November 22, 2014, 11:01:10 AM
November 22, 2014, 11:00:51 AM
warfare is not gambling, warfare is an art... just ask SunTsu
warfare is gambling if you dont know your enemy
Is gambling not also an art?
forbidden art
surely, russian roullete is not an art
November 22, 2014, 11:00:16 AM
Good morning Bitcoin warriors! How goes the battle?
Has the rotting world of fiat collapsed under the weight of unsustainable debt yet?
Party tiem?
That is some high quality imagery.Has the rotting world of fiat collapsed under the weight of unsustainable debt yet?
Party tiem?
Is that Moebius stuff?
November 22, 2014, 10:58:35 AM
still at the support line, hope its rising again.
Well, that triangle wasn't scary enough, but so far I have others. understand
November 22, 2014, 10:57:45 AM
warfare is not gambling, warfare is an art... just ask SunTsu
warfare is gambling if you dont know your enemy
Is gambling not also an art?
November 22, 2014, 10:55:08 AM
still at the support line, hope its rising again.
Well, that triangle wasn't scary enough, but so far I have others. November 22, 2014, 10:53:35 AM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.
What about STOP orders?
Not a fan personally.
I find they tend to get triggered at the least opportune times.
I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".
In warfare, the ones who are willing to lose the most have the advantage.
Winning a battle != winning the war
Agreed.
When you actively trade, you need to win those "battles"
Your stake depends on winning the battles.
When you make strategic investments, you are wagering on the eventual outcome.
It's just a different kind of bet.
November 22, 2014, 10:53:02 AM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.
What about STOP orders?
Not a fan personally.
I find they tend to get triggered at the least opportune times.
I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".
In warfare, the ones who are willing to lose the most have the advantage.
more like gambling than warfare this is
Gambling is warfare.
Warfare is gambling.
I just hope that this little experiment will expose the fact that the current system of financial trade is broken.
Financial and political transparency is the way forward.
warfare is not gambling, warfare is an art... just ask SunTsu
warfare is gambling if you dont know your enemy
November 22, 2014, 10:47:20 AM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.
What about STOP orders?
Not a fan personally.
I find they tend to get triggered at the least opportune times.
I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".
In warfare, the ones who are willing to lose the most have the advantage.
more like gambling than warfare this is
Gambling is warfare.
Warfare is gambling.
I just hope that this little experiment will expose the fact that the current system of financial trade is broken.
Financial and political transparency is the way forward.
November 22, 2014, 10:43:43 AM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.
What about STOP orders?
Not a fan personally.
I find they tend to get triggered at the least opportune times.
I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".
In warfare, the ones who are willing to lose the most have the advantage.
Winning a battle != winning the war
November 22, 2014, 10:40:15 AM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.
What about STOP orders?
Not a fan personally.
I find they tend to get triggered at the least opportune times.
I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".
In warfare, the ones who are willing to lose the most have the advantage.
more like gambling than warfare this is
November 22, 2014, 10:39:09 AM
wow...
all my bid were fullfiled
and it rising again oyess 
Major dump time? all my bid were fullfiled
and it rising again oyess 
Dunno, we'll see.
still at the support line, hope its rising again.
November 22, 2014, 10:35:18 AM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.
What about STOP orders?
Not a fan personally.
I find they tend to get triggered at the least opportune times.
I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".
In warfare, the ones who are willing to lose the most have the advantage.
November 22, 2014, 10:32:09 AM
wow...
all my bid were fullfiled and it rising again oyess
Major dump time? all my bid were fullfiled
and it rising again oyess Dunno, we'll see.
November 22, 2014, 10:29:54 AM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.
What about STOP orders?
Not a fan personally.
I find they tend to get triggered at the least opportune times.
I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".
November 22, 2014, 10:28:41 AM
price really struggle atm, but i guess it will go up again, too risky to short.
EDIT : testing 360 soon
EDIT : testing 360 soon
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