Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24527. (Read 26711452 times)

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
BFX looks pretty bullish. We will hopefully test >420 soon Wink
http://bfxdata.com/orderbooks/btcusd.php
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 574
Merit: 500
Bouncing off the 300 day ema three times now new local bottom. Wonder if we can hold 420 next weekend.
legendary
Activity: 1778
Merit: 1008
sometimes i love watching this market... really quite fascinating.
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
There she goes! Crashing up Smiley
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
I was waiting for a drop, if you bought at 275 - 300 you'd be super tempted to take profit on such a sharp spike... even in reversal mode there would be a likely retracement.  

Expecting pop shortly on Stamp then OKcoin following.  

I base this on... absolutely nothing Smiley

(Actually of the fact the futures are shooting up and getting thin.)

1Month:
Ask(1)   406.14   25   6.1555
Bid(1)   401.61   22   5.4779



The BTC/USD rally has entered resistance from former congestion that spans 395-399 Look for the decline to resume from this zone. The next major support is 380

One more low may complete 5 waves down from the June high. BTC/USD traded into $480, which is the objective from equality between waves 1 and 5 (from the June high). Exceeding $480 is needed in order to suggest that the near term path is not lower but equality between waves 1 and 5 is a common relationship thus the risk of a turn higher.

This is completely made up of course, but it's just as convincing as any argument I've seen on here.
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
I was waiting for a drop, if you bought at 275 - 300 you'd be super tempted to take profit on such a sharp spike... even in reversal mode there would be a likely retracement.  

Expecting pop shortly on Stamp then OKcoin following.  

I base this on... absolutely nothing Smiley

(Actually of the fact the futures are shooting up and getting thin.)

1Month:
Ask(1)   406.14   25   6.1555
Bid(1)   401.61   22   5.4779

legendary
Activity: 1372
Merit: 1000
Would the ripple fans please help me understand it?

Ripple is a system, based on cryptocurrency ideas but centralized, that banks can use for international remittances and interbank transfers of national currencies.

Ripple (XRP) is also the name of an altcoin, created by the same company that is developing the Ripple system; it is somewhat linked to the system, but is not a necessary part of the system, and probably will not be used by the banks that will use the system.

Is the above correct?

Thanks...


As I understand it, it's not too different from how money is created now, It's a p2p system of trust for issuing and managing debt, anyone can put economic energy into the system that becomes the money, you can do work for someone and receive remuneration from someone else, the ripple system handles who what when, and where no trust relationship exists you can bridge the gap with XRP.

The problem I see is when non banks (people like you and me) start using the system, as we are not professionals when it comes to rating credit worthynes we will issue credit that is likely to result in a default.

I like the idea of banks using it as it's probably has some advantages over the central bank,  still haven't wrapped my head around why people speculate on XRP though.
hero member
Activity: 574
Merit: 500
I was waiting for a drop, if you bought at 275 - 300 you'd be super tempted to take profit on such a sharp spike... even in reversal mode there would be a likely retracement.  
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1456
Merit: 1000
Would the ripple fans please help me understand it?

Ripple is a system, based on cryptocurrency ideas but centralized, that banks can use for international remittances and interbank transfers of national currencies.

Ripple (XRP) is also the name of an altcoin, created by the same company that is developing the Ripple system; it is somewhat linked to the system, but is not a necessary part of the system, and probably will not be used by the banks that will use the system.

Is the above correct?

Thanks...
vaporware Huh

Thanks... but, in my post above, please replace "is" by "is supposed to be"; my question still stands.

i just bought ripple and you make me cry river...
hero member
Activity: 910
Merit: 1003
Would the ripple fans please help me understand it?

Ripple is a system, based on cryptocurrency ideas but centralized, that banks can use for international remittances and interbank transfers of national currencies.

Ripple (XRP) is also the name of an altcoin, created by the same company that is developing the Ripple system; it is somewhat linked to the system, but is not a necessary part of the system, and probably will not be used by the banks that will use the system.

Is the above correct?

Thanks...
vaporware Huh

Thanks... but, in my post above, please replace "is" by "is supposed to be"; my question still stands.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Coinbase being valued at 400,000,000$ is pretty bullish.

How long until we get our first billion $ company.
hero member
Activity: 574
Merit: 500


No.

I'm simply trying to explain that there is no spoon.

Can you please be serious and explain cuz I have no idea what just has happened, and lost alot of money for no reason at all

you never go full retard?

tighter stop loss? fuck da margin?
hero member
Activity: 784
Merit: 1000


No.

I'm simply trying to explain that there is no spoon.

Can you please be serious and explain cuz I have no idea what the fuck just has happend, and lost alot of money for no reason at all
Post
How many positions did you open?

This was about a long 20x leverage position that I did at $375

Aren't OKCoin futures prices different than exchange price? If so, maybe the price of futures went below your margin call. I'm not sure about this though, I dont deal will futures or OKCoin, I stick with BTC.sx for leverage.

EDiT: just looked on the futures chart and the price never got that low, maybe they will fix it for you.
legendary
Activity: 1456
Merit: 1000
Would the ripple fans please help me understand it?

Ripple is a system, based on cryptocurrency ideas but centralized, that banks can use for international remittances and interbank transfers of national currencies.

Ripple (XRP) is also the name of an altcoin, created by the same company that is developing the Ripple system; it is somewhat linked to the system, but is not a necessary part of the system, and probably will not be used by the banks that will use the system.

Is the above correct?

Thanks...


vaporware Huh
sr. member
Activity: 336
Merit: 250


No.

I'm simply trying to explain that there is no spoon.

Can you please be serious and explain cuz I have no idea what the fuck just has happend, and lost alot of money for no reason at all
Post
How many positions did you open?

This was about a long 20x leverage position that I did at $375
Maybe you have other debts and they needed to liquidate your other assets Huh
Ask them and post here their response. I'm interested to know what happened  Cheesy
legendary
Activity: 1512
Merit: 1000
@theshmadz

House rules ... you give them your fiat money or your coinz you play by their rules. And all exchanges are like loaded casinos, house always wins.

Unbelievable with an asset like bitcoin, the first digital asset of its kind to allow circumvention of having to deal with crappy house rules people think they are going to beat the house by trading.

Take the coins of the table and leave the house is the only way you can win this game and bitcoin allows you to do this for the first time.

Can you explain please?

What exchange are you on?

Have you asked them why your position got closed yet?

OKcoin

Haven't asked them yet

OKCoin is the shit thus far.  

Buy buy buy!

Back to $420
Aye aye Cap'n!

Wall eating mode engaged!

legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com

House rules ... you give them your fiat money or your coinz you play by their rules. And all exchanges are like loaded casinos, house always wins.

Unbelievable with an asset like bitcoin, the first digital asset of its kind to allow circumvention of having to deal with crappy house rules people think they are going to beat the house by trading.

Take the coins of the table and leave the house is the only way you can win this game and bitcoin allows you to do this for the first time.

Can you explain please?

What exchange are you on?

Have you asked them why your position got closed yet?

OKcoin

Haven't asked them yet

OKCoin is the shit thus far.  

Buy buy buy!

Back to $420
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