Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4025. (Read 26713394 times)
February 16, 2022, 11:01:23 PM
February 16, 2022, 10:01:27 PM
February 16, 2022, 09:44:25 PM
Not against it just not sure if it is good or not good.
...and this is partly the reason I'm so frustrated and becoming overwhelmed.
I don't know how to answer any of your questions at this time. I'm going down a strange rabbit hole, and it's entirely uncomfortable to say the least.
February 16, 2022, 09:23:10 PM
Third time today we've seen something like that. Something up with Bitstamp?
February 16, 2022, 09:11:25 PM
Well, was his event there a mistake? Paying that much over normal on chain transactions would be unusual and not something to rely on. Kind of like high luck levels when hitting a block.
I'm fascinated with Bob's work on Lightning, and really glad he's making the date he finds public here. Please do keep it up....
I'm fascinated with Bob's work on Lightning, and really glad he's making the date he finds public here. Please do keep it up....
February 16, 2022, 09:01:22 PM
February 16, 2022, 08:52:36 PM
... later that day
Yeah. Fuck. I'm doing 3x the daily return of an S9 in routing fees today.
Goddamnit
Yeah. Fuck. I'm doing 3x the daily return of an S9 in routing fees today.
Goddamnit
#LNMETA
Just processed a payment that was about 6-10x the on-chain cost of doing the transaction.
Going to need a bit to fully grok this.
Just processed a payment that was about 6-10x the on-chain cost of doing the transaction.
Going to need a bit to fully grok this.
so an s9 makes 14 x .22 cents = 3.08 x 3 = say 9.25 usd in BTC correct?
or 9.25/44000 = 0.0002102272727 btc a day
now lets do 365 x that = 0.0767329 btc yearly so if you did 1.0btc to load the unit
and earn 0.0767329 you made 7.67% on your btc.
the questions are:
can you do this for a year?
what is the risk you get the whole 1 btc drained?
and you do realize this is basically POS scheme for btc?
power cost for a node is only 90kwatts a year or 9-18 usd.
Not against it just not sure if it is good or not good.
February 16, 2022, 08:12:53 PM
... later that day
Yeah. Fuck. I'm doing 3x the daily return of an S9 in routing fees today.
Goddamnit
Yeah. Fuck. I'm doing 3x the daily return of an S9 in routing fees today.
Goddamnit
#LNMETA
Just processed a payment that was about 6-10x the on-chain cost of doing the transaction.
Going to need a bit to fully grok this.
Just processed a payment that was about 6-10x the on-chain cost of doing the transaction.
Going to need a bit to fully grok this.
February 16, 2022, 08:01:25 PM
February 16, 2022, 07:01:27 PM
February 16, 2022, 06:01:21 PM
February 16, 2022, 05:42:04 PM
Yes all is good, wasn’t to sick my self actually ….
February 16, 2022, 05:18:47 PM
Hah! Dude, I hope you're feeling better (I've been absent awhile from here). Still have that sense of humor, bigly...
Looks like I didn't miss much on the price action while absent....
[edited]
February 16, 2022, 05:01:21 PM
February 16, 2022, 04:52:07 PM
February 16, 2022, 04:18:47 PM
BTC Volume (2011-2022)
Big moves require big volume. Last time we had volume cross MA was in Jan 2021.
Big moves require big volume. Last time we had volume cross MA was in Jan 2021.
That assertion about trade volume being a condition precedent to achieve BIG MOVES is baloney ImThour.
Frequently, we will experience a kind of trickle up in BTC prices that is not accompanied by high volume until later.. and surely the moving up can trigger a later high volume, but high volume need NOT be the thing that comes first..
Accordingly, at some point, high volume might kick-in to begin a battle that may or many not change the direction/momentum that had already been taking place with relatively low volume...
I will concede that high volume may well confirm the underlying real nature of the UP move that had already been taking place, but high volume is not any kind of condition precedent that has to be there in order for UPpity to actually happen or to be in the works.. and if you think about the matter, sometimes by the time the high volume comes into place to try to stop; the UPpity, it is too little too late.. .but it still shows up on the charts as a battle that had taken place.
February 16, 2022, 04:01:25 PM
February 16, 2022, 03:34:26 PM
BTC is forming Hanging Man Candlestick on Daily Timeframe
I wanted to tell you before but I couldn't really care at that time.
Anyway,
Don't look into sole candlestick patterns too much, especially when they haven't formed yet. Look at the last 3 fully formed and finished candlesticks. Thats what will give you the clue on the next candlestick.
But also other indicators can come in handy, like RSI. Don't just look, but draw trend lines and watch for repeating patterns, not just historically accepted signals.
Your resistances and supports should come from your self drawn trend triangles and fibonacci retracements.
Everyone is looking at the same chart. Everyone thinks they can be the first to get into a trade when the candlestick changes. No, the trading bots (Very professional, non retail ones) get in first. Always. Don't waste your time chasing candlestick signals.
Trade by probability, not by being the first to see a "signal"
Also, I don't trade however I try to predict the next move.
Thanks for your advice!
February 16, 2022, 03:25:13 PM
BTC is forming Hanging Man Candlestick on Daily Timeframe
I wanted to tell you before but I couldn't really care at that time.
Anyway,
Don't look into sole candlestick patterns too much, especially when they haven't formed yet. Look at the last 3 fully formed and finished candlesticks. Thats what will give you the clue on the next candlestick.
But also other indicators can come in handy, like RSI. Don't just look, but draw trend lines and watch for repeating patterns, not just historically accepted patterns.
Your resistances and supports should come from your self drawn trend triangles and fibonacci retracements.
Everyone is looking at the same chart. Everyone thinks they can be the first to get into a trade when the candlestick changes. No, the trading bots (Very professional, non retail ones) get in first. Always. Don't waste your time chasing candlestick signals.
Trade by top/bottom probability, not by being the first to see a "signal"
February 16, 2022, 03:05:45 PM
BTC is forming Hanging Man Candlestick on Daily Timeframe
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