Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5689. (Read 26609413 times)
April 06, 2021, 07:59:14 AM
Man, the 59-60k range is proving to be a right pain in the ass
April 06, 2021, 07:59:03 AM
Aha, now I see. Lender makes a btc transaction to the borrower. So, no longer the lender's keys. This checks out.
If the btc are not back by the given time, the collateral is released (to the lender, I suppose). So the risk would be an insolvent borrower AND the collateral not covering the "new" value of btc at loan expiry. This also checks out.
What does not check out is the following. Imagine being the borrower. Imagine being asked for, say, 200% collateral. Maybe in USDC/USDT? OK. So at expiry, if the btc you borrowed is worth more than the collateral, why give the loan back? Let the lender just have the collateral. On the contrary, if the btc you borrowed is worth less than half the collateral, give it back of course, and keep your relatively precious collateral. In other words: a shorter's paradise. (EDIT - No: it's more like an arbitrage, since it's impossible to lose if this is all there is to it.) Am I missing something? It's obvious I am, but I don't know exactly what - or I wouldn't be missing it
Another thing that escapes me: if you can post, say, 100k usd collateral, why would you borrow a bitcoin rather than buying one - or two? For simplicity, I'm assuming 1btc = 50k$.
Biodom, have you been able to figure this one out?
Just sounds like market forces then. Gotta predict what's going to happen and hope for the best. Either side could win or lose.
Yeah, market forces - but would you lend your btc in such a scenario? I sure wouldn't. Or I would ask for maybe 500% collateral, so I'm covered if she makes less than a 5x. No borrower in their right mind would put up that much collateral if they have it in a blockchainable form, that is, in some crypto token as opposed to, say, real estate.
Imagine that on top of this, there's interest to be paid(borrower)/gained(lender) too - which means even more incentive (statistically) for the borrower to stay insolvent and let you have the collateral if number go up enough.
That's why I think I've missed something.
Possible, it is difficult to say before the proposal is fleshed out, but you are probably right: if the value of loaned btc exceeds the collateral (they are talking 200% of current value), then it could be beneficial to the borrower to never return the loaned bitcoin. However, this could be remedied by simply buying a call option at 200% current price. then, it is just a matter of whether that call option has a larger premium than what you get from a loan. If yes-no deal, if no-deal is possible. All and all-not for the faint-hearted, but but there could be some takers, especially if btc slows down from 200% a year.
April 06, 2021, 07:48:31 AM
Aha, now I see. Lender makes a btc transaction to the borrower. So, no longer the lender's keys. This checks out.
If the btc are not back by the given time, the collateral is released (to the lender, I suppose). So the risk would be an insolvent borrower AND the collateral not covering the "new" value of btc at loan expiry. This also checks out.
What does not check out is the following. Imagine being the borrower. Imagine being asked for, say, 200% collateral. Maybe in USDC/USDT? OK. So at expiry, if the btc you borrowed is worth more than the collateral, why give the loan back? Let the lender just have the collateral. On the contrary, if the btc you borrowed is worth less than half the collateral, give it back of course, and keep your relatively precious collateral. In other words: a shorter's paradise. (EDIT - No: it's more like an arbitrage, since it's impossible to lose if this is all there is to it.) Am I missing something? It's obvious I am, but I don't know exactly what - or I wouldn't be missing it
Another thing that escapes me: if you can post, say, 100k usd collateral, why would you borrow a bitcoin rather than buying one - or two? For simplicity, I'm assuming 1btc = 50k$.
Biodom, have you been able to figure this one out?
Just sounds like market forces then. Gotta predict what's going to happen and hope for the best. Either side could win or lose.
Yeah, market forces - but would you lend your btc in such a scenario? I sure wouldn't. Or I would ask for maybe 500% collateral, so I'm covered if she makes less than a 5x. No borrower in their right mind would put up that much collateral if they have it in a blockchainable form, that is, in some crypto token as opposed to, say, real estate.
Imagine that on top of this, there's interest to be paid(borrower)/gained(lender) too - which means even more incentive (statistically) for the borrower to stay insolvent and let you have the collateral if number go up enough.
That's why I think I've missed something.
April 06, 2021, 07:44:55 AM
Well any way... sorry to tell you guys... but you all are wrong... it's an ant!!
You are wrong, it's an Elephant Ant!!! Such huge, I never seen in my life 😂Naah. It's an elephANT!
April 06, 2021, 07:34:45 AM
Magnet link for the facebook flat files. 15G
magnet:?xt=urn:btih:0595273ab674e05131a757f69f494a4285b429aa&dn=Facebook%20Leak%20%5b2019%5d%5b533M%20Records%5d%5b106%20Countries%5d
magnet:?xt=urn:btih:0595273ab674e05131a757f69f494a4285b429aa&dn=Facebook%20Leak%20%5b2019%5d%5b533M%20Records%5d%5b106%20Countries%5d
Torrent looks dead here.
April 06, 2021, 07:23:02 AM
Should have created my own blockchain token called Random Asshole Tokens or RATS and watch it go up 20% today for no reason too.
Love it
April 06, 2021, 07:14:28 AM
Judging from the shitcoin market and the consolidation at these high levels in bitcoin for some time now, I think that we have less than 2 or 3 days before bitcoin breaks out out in a major way to the upside. I wouldn't be surprised if it happens today.
However, I've also seen before that when shitcoins go full stupid like they are right now the whole market collapses first, then bitcoin takes off, shitcoins don't. Time will tell. But one thing is certain is that shitcoins will always be shit and bitcoin will always be king. Long live the king and hodl!
However, I've also seen before that when shitcoins go full stupid like they are right now the whole market collapses first, then bitcoin takes off, shitcoins don't. Time will tell. But one thing is certain is that shitcoins will always be shit and bitcoin will always be king. Long live the king and hodl!
I tend to watch the Litecoin/Bitcoin ratio as an indicator of what shitcoins are doing. Back during the previous runup a few years ago LTC was running at around .12 BTC to .16 BTC. Now it's spent over a year at .004 and even today is around .0038 or so. So not much of a pump at all when compared to what BTC did earlier this year.
I'd keep an eye on Eth, but it is complete dishonest garbage and not worth the effort.
April 06, 2021, 07:05:48 AM
A bonus protip.. you do not become richie by selling your BTC.
Without selling any BTC how you will be rich then? Of course selling all will be stupid.. but you have to sell sometime... world still runs on fiat...
(and Merc, GMC, Toyota, Honda etc)Surely the implication of my above snipe is in regards to selling all or selling too much too soon.
Of course, also, there is a need to figure out a kind of balance, but in these times, there should be goals of figuring out accumulation goals and attempting to manage such accumulation goals. Once you have achieved your BTC accumulation goals (and perhaps even over-accumulating) then you have a lot more flexibility in terms of selling portions or reallocating or whatever.
Bonus protip 2: attempting to accumulate BTC by selling BTC is quite likely a very much inferior strategy to DCA buy, buy on dip and HODL -
Bonus protip 3: Like any rule there are exceptions, don't automatically believe that you are going to be able to fit within the exceptions - until you have mastered and understood the basics first - which in BTC are DCA buy, buy on dip and HODL.
if all you do is buy to acquire BTC
DCA & buy dip HODL are best.
To think you can buy the Dip sell the peak Wait for the crash and buy in real low is a pipe dream.
Even though I mine for most of my BTC
I buy dips on PayPal for PAYPAL btc
I DCA on coinbase.
right now coinbase has a nice setup a $50 usd weekly buy and they give you $10 on 4th and 8th buys.
so 420 worth of btc for 400 via a weekly DCA of eight weeks.
April 06, 2021, 06:13:17 AM
Judging from the shitcoin market and the consolidation at these high levels in bitcoin for some time now, I think that we have less than 2 or 3 days before bitcoin breaks out out in a major way to the upside. I wouldn't be surprised if it happens today.
However, I've also seen before that when shitcoins go full stupid like they are right now the whole market collapses first, then bitcoin takes off, shitcoins don't. Time will tell. But one thing is certain is that shitcoins will always be shit and bitcoin will always be king. Long live the king and hodl!
However, I've also seen before that when shitcoins go full stupid like they are right now the whole market collapses first, then bitcoin takes off, shitcoins don't. Time will tell. But one thing is certain is that shitcoins will always be shit and bitcoin will always be king. Long live the king and hodl!
April 06, 2021, 05:50:12 AM
So, BTC dominance vs alts.
What do you guys n GIRLS think happens next.
What do you guys n GIRLS think happens next.
A guess: Alts continue to rise BeCaUsE tHeY aRe So GoOd
April 06, 2021, 05:45:56 AM
So, BTC dominance vs alts.
What do you guys n GIRLS think happens next.
What do you guys n GIRLS think happens next.
April 06, 2021, 05:41:16 AM
Just sold 0.01 btc (no confirmations yet) let's see if that can't make the price move.
April 06, 2021, 04:29:53 AM
A bonus protip.. you do not become richie by selling your BTC.
Without selling any BTC how you will be rich then? Of course selling all will be stupid.. but you have to sell sometime... world still runs on fiat...
(and Merc, GMC, Toyota, Honda etc)Surely the implication of my above snipe is in regards to selling all or selling too much too soon.
Of course, also, there is a need to figure out a kind of balance, but in these times, there should be goals of figuring out accumulation goals and attempting to manage such accumulation goals. Once you have achieved your BTC accumulation goals (and perhaps even over-accumulating) then you have a lot more flexibility in terms of selling portions or reallocating or whatever.
Bonus protip 2: attempting to accumulate BTC by selling BTC is quite likely a very much inferior strategy to DCA buy, buy on dip and HODL -
Bonus protip 3: Like any rule there are exceptions, don't automatically believe that you are going to be able to fit within the exceptions - until you have mastered and understood the basics first - which in BTC are DCA buy, buy on dip and HODL.
April 06, 2021, 03:53:05 AM
If we break the current Higher High (ATH) then there is no stopping anymore. In case BTCUSD wants to go and give us a better price to get on board, I dont mind either and will grab another Btc or two. This is were It think, BTC is going:
April 06, 2021, 03:43:12 AM
"Altcoin season" about to top?
nah.
"Altcoin season" about to
"Altcoin season" about to
April 06, 2021, 03:08:12 AM
"Altcoin season" about to top?
nah.
"Altcoin season" about to
Thanks for FTFM
EDIT:
The last weeks feel like the time when certain people said "Bitcoin will never go over $10k again".
Maybe the same type are now ranting that it will never go over $60k again.
Please, repeat that at $360.000 at the end of Q4
Gotta run, it's snow shoveling season all over again
April 06, 2021, 03:06:46 AM
"Altcoin season" about to top?
nah.
"Altcoin season" about to
April 06, 2021, 03:02:40 AM
Almost 10 o clock and the prize isn't moving. I was hoping for a "after holiday movement".
A well, let's see what happens when the muricans wake up.
In other news, we now have a vaccine against HIV. https://www.zmescience.com/science/vaccine-hiv-passes-phase-one-trial-23637533/
And Bhutan is vaccinating it's whole population in one go. https://www.zmescience.com/science/bhutan-vaccination-campaign-05042021/
A well, let's see what happens when the muricans wake up.
In other news, we now have a vaccine against HIV. https://www.zmescience.com/science/vaccine-hiv-passes-phase-one-trial-23637533/
And Bhutan is vaccinating it's whole population in one go. https://www.zmescience.com/science/bhutan-vaccination-campaign-05042021/
Looks like a bull flag with a reversed-bart easter egg in the middle
(EDIT: Formation naming suggestion: "Unicorn-Camel Pattern"?)
Great news, btw.
Good idea to put pressure on fighting HIV, especially when you look at the outview of SARS-CoV2 mutations that adjust to vaccination and bring a rise in infectivity and death rates. This fight will take a while.
April 06, 2021, 02:59:44 AM
Almost 10 o clock and the prize isn't moving. I was hoping for a "after holiday movement".
A well, let's see what happens when the muricans wake up.
In other news, we now have a vaccine against HIV. https://www.zmescience.com/science/vaccine-hiv-passes-phase-one-trial-23637533/
And Bhutan is vaccinating it's whole population in one go. https://www.zmescience.com/science/bhutan-vaccination-campaign-05042021/
A well, let's see what happens when the muricans wake up.
In other news, we now have a vaccine against HIV. https://www.zmescience.com/science/vaccine-hiv-passes-phase-one-trial-23637533/
And Bhutan is vaccinating it's whole population in one go. https://www.zmescience.com/science/bhutan-vaccination-campaign-05042021/
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