Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32634.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: molecular on July 12, 2013, 04:18:41 PM

BTC lending rate on bitfinex is 80% (annual basis). Never seen it above 5% before.

Interesting. Did people just discover they can short on bitfinex?

I don't know, but based on total USD borrowed/total BTC borrowed, leveraged traders need the market to fall to $81 to even out their positions. Continued upwards movement will cause a short squeeze.

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: molecular on July 12, 2013, 04:18:41 PM

BTC lending rate on bitfinex is 80% (annual basis). Never seen it above 5% before.

Interesting. Did people just discover they can short on bitfinex?

Perhaps.

I know I was mad as hell when I tried to short +$100 and there wasn't any coins left to short. Cry

Chalkbot

legendary

Activity: 896

Merit: 1001

Quote from: N12 on July 12, 2013, 04:14:07 PM

No more triple digits for 2013. Enjoy your double digit coins. Grin

Remember, $99 coins are expensive and $101 coins are cheap.

Hehe, keep it up Blitz! There is a Proudhon shaped hole in all of our hearts. You are making me feel whole again for the first time in a long time.

molecular

donator

Activity: 2772

Merit: 1019

BTC lending rate on bitfinex is 80% (annual basis). Never seen it above 5% before.

Interesting. Did people just discover they can short on bitfinex?

N12

donator

Activity: 1610

Merit: 1010

No more triple digits for 2013. Enjoy your double digit coins. Grin

Remember, $99 coins are expensive and $101 coins are cheap.

Abandon

member

Activity: 112

Merit: 10

Quote from: ElectricMucus on July 12, 2013, 04:09:02 PM

Quote from: Chalkbot on July 12, 2013, 04:05:52 PM

Quote from: ElectricMucus on July 12, 2013, 03:58:43 PM

It's called selective perception. TA should not be influenced by what you want to happen.

Doesn't all TA fit under this description?

Well it's a qualitative property if it isn't influenced by emotion. There are other qualitative properties but this one is fairly important.
And completely discarding emotion isn't something human beings can do, that's why I think automated rule based systems are best.

My choosing to only share bullish charts, does not mean that my charts are not drawn based on a rule based system. I drew this possible pattern because of this: http://www.babypips.com/school/the-abcd-and-the-three-drive.html And because the indicators fit the bill right now.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: N12 on July 12, 2013, 04:11:36 PM

After this week, I'm not sure we will see triple digits in 2013 again.

Hehe.

It was a lot of fun riding this bull trap. It's gonna be a blood bath out there.

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: N12 on July 12, 2013, 04:11:36 PM

After this week, I'm not sure we will see triple digits in 2013 again.

OK, now you are just trolling. Cheesy

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: zemario on July 12, 2013, 04:07:56 PM

Argh darn... I bought some coins thinking people would start panic buying

Panic might be in the other direction...

N12

donator

Activity: 1610

Merit: 1010

After this week, I'm not sure we will see triple digits in 2013 again.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: zemario on July 12, 2013, 04:07:56 PM

But after this week I'm not sure we will see 60~70 ever again.

LOL, I've heard that a few times before.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: Chalkbot on July 12, 2013, 04:05:52 PM

Quote from: ElectricMucus on July 12, 2013, 03:58:43 PM

It's called selective perception. TA should not be influenced by what you want to happen.

Doesn't all TA fit under this description?

Well it's a qualitative property if it isn't influenced by emotion. There are other qualitative properties but this one is fairly important.
And completely discarding emotion isn't something human beings can do, that's why I think automated rule based systems are best.

zemario

full member

Activity: 194

Merit: 100

Argh darn... I bought some coins thinking people would start panic buying, looks like it wasn't such a good decision. But after this week I'm not sure we will see 60~70 ever again. I might be wrong but it looks like people is steady regaining confidence.

Chalkbot

legendary

Activity: 896

Merit: 1001

Quote from: ElectricMucus on July 12, 2013, 03:58:43 PM

It's called selective perception. TA should not be influenced by what you want to happen.

Doesn't all TA fit under this description?

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: Abandon on July 12, 2013, 03:59:53 PM

Quote from: ElectricMucus on July 12, 2013, 03:58:43 PM

Quote from: Abandon on July 12, 2013, 03:56:57 PM

Quote from: ElectricMucus on July 12, 2013, 03:55:29 PM

I like how the price is always break upside in Abandons charts. Cheesy

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

It's called selective perception. TA should not be influenced by what you want to happen.

I draw bearish charts for myself, but I haven't usually shared them here on this forum.

lol

ChartBuddy

legendary

Activity: 2324

Merit: 1801

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Abandon

member

Activity: 112

Merit: 10

Quote from: ElectricMucus on July 12, 2013, 03:58:43 PM

Quote from: Abandon on July 12, 2013, 03:56:57 PM

Quote from: ElectricMucus on July 12, 2013, 03:55:29 PM

I like how the price is always break upside in Abandons charts. Cheesy

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

It's called selective perception. TA should not be influenced by what you want to happen.

I draw bearish charts for myself, but I haven't usually shared them here on this forum.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: Abandon on July 12, 2013, 03:56:57 PM

Quote from: ElectricMucus on July 12, 2013, 03:55:29 PM

I like how the price is always break upside in Abandons charts. Cheesy

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

It's called selective perception. TA should not be influenced by what you want to happen.

Abandon

member

Activity: 112

Merit: 10

Quote from: ElectricMucus on July 12, 2013, 03:55:29 PM

I like how the price is always break upside in Abandons charts. Cheesy

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

I like how the price is always break upside in Abandons charts. Cheesy

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32634. (Read 26470386 times)