Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7696. (Read 26708661 times)
May 05, 2020, 05:31:54 AM
Not sure it's meant to make any noises. Maybe have that looked at?
May 05, 2020, 05:28:52 AM
It’s harder than it sounds
May 05, 2020, 05:27:01 AM
Stop giggling at the back 
https://www.youtube.com/watch?v=D0a-FOoM9ms Blofeld & Baxter "The bowler's Holding the batsman's Willey"
https://www.youtube.com/watch?v=D0a-FOoM9ms Blofeld & Baxter "The bowler's Holding the batsman's Willey"
May 05, 2020, 05:24:43 AM
Simple (and possibly really "noob") question about exchanges:
When there is a big green (or red) dildo on the BTC/USD chart of an exchange (say, due to one big whale's move on that specific exchange), how is it possible for nearly all other exchanges, and even different fiat currency charts (BTC/EUR, etc.), to also reflect that move almost instantly? Shouldn't that specific move affect only the exchange in which it was made? At least in the short term?
It seems to me that all exchanges are somehow linked together, so that a move in one of them near-instantly affects all others. I wonder if there is an established inter-exchange system of price equalization (possibly a proactive measure to prevent arbitrage), or if the observed price equalization just happens naturally due to the global market itself (i.e., the "law of averages" taking place).
Have always wondered about this... Any insights appreciated.
When there is a big green (or red) dildo on the BTC/USD chart of an exchange (say, due to one big whale's move on that specific exchange), how is it possible for nearly all other exchanges, and even different fiat currency charts (BTC/EUR, etc.), to also reflect that move almost instantly? Shouldn't that specific move affect only the exchange in which it was made? At least in the short term?
It seems to me that all exchanges are somehow linked together, so that a move in one of them near-instantly affects all others. I wonder if there is an established inter-exchange system of price equalization (possibly a proactive measure to prevent arbitrage), or if the observed price equalization just happens naturally due to the global market itself (i.e., the "law of averages" taking place).
Have always wondered about this... Any insights appreciated.
Yes. It’s arbitrage.
Hairy has a bot on Bitstamp called Stampy, and a bot on Bitfinex called Willy.
When Bitstamp is higher than BFX Stampy sells and Willy buys.
When BFX is higher than Bitstamp, Stampy buys and Willy sells.
May 05, 2020, 05:23:25 AM
@ AlcoHoDL
arbitrage bots
arbitrage bots
May 05, 2020, 05:21:54 AM
3 trillion here, 3 trillion there
pretty soon...something something
profit?
Kind of interesting actually. At a certain point there simply are no consequences for the worst behavior. Almost as if you had a rich daddy giving you everything.pretty soon...something something
profit?
There used to be a saying round these parts. You didn't make a loss if you didn't sell. (bit like 1btc=1btc)
The same kind of applies for all this ridiculous debt. If you are never going to repay it is it really a debt?
1. The Fed buys the debt.
2. The Federal government makes debt payments to the Fed.
3. The Fed pays the government a special dividend of income from the debt payments.
4. Federal government income goes up, allowing debt to be repaid faster.
5. Everyone wins
May 05, 2020, 05:21:08 AM
Simple (and possibly really "noob") question about exchanges:
When there is a big green (or red) dildo on the BTC/USD chart of an exchange (say, due to one big whale's move on that specific exchange), how is it possible for nearly all other exchanges, and even different fiat currency charts (BTC/EUR, etc.), to also reflect that move almost instantly? Shouldn't that specific move affect only the exchange on which it was made? At least in the short term?
It seems to me that all exchanges are somehow linked together, so that a move on one of them near-instantly affects all others. I wonder if there is an established inter-exchange system of price equalization (possibly a proactive measure to prevent arbitrage), or if the observed price equalization just happens naturally due to the global market itself (i.e., the "law of averages" taking place).
Have always wondered about this... Any insights appreciated.
When there is a big green (or red) dildo on the BTC/USD chart of an exchange (say, due to one big whale's move on that specific exchange), how is it possible for nearly all other exchanges, and even different fiat currency charts (BTC/EUR, etc.), to also reflect that move almost instantly? Shouldn't that specific move affect only the exchange on which it was made? At least in the short term?
It seems to me that all exchanges are somehow linked together, so that a move on one of them near-instantly affects all others. I wonder if there is an established inter-exchange system of price equalization (possibly a proactive measure to prevent arbitrage), or if the observed price equalization just happens naturally due to the global market itself (i.e., the "law of averages" taking place).
Have always wondered about this... Any insights appreciated.
May 05, 2020, 05:17:41 AM
Michelle Obama is a bloke? or was? or something 
May 05, 2020, 05:04:46 AM
When $9000 ?
May 05, 2020, 03:53:50 AM
Elon Musk is selling his two houses (worth about $40 mil in total) and saying, ostensibly, that he would have "no possessions" because:
1. he thinks that we are at a RE top
2. he became a "revolutionary" [after mouthing off something something about "fascists"]
3. he is moving to China
4. he is selling TSLA to some Middle Eastern sheiks and would move there (Dubai?)
5. he is moving to Mars
6. he merged with AI and is about to control us all
7. he is having a midlife crisis
8. he is using RE sales to fund his BTC purchases.
What's it going to be? Please come up with %% of probability if you like.
1. he thinks that we are at a RE top
2. he became a "revolutionary" [after mouthing off something something about "fascists"]
3. he is moving to China
4. he is selling TSLA to some Middle Eastern sheiks and would move there (Dubai?)
5. he is moving to Mars
6. he merged with AI and is about to control us all
7. he is having a midlife crisis
8. he is using RE sales to fund his BTC purchases.
What's it going to be? Please come up with %% of probability if you like.
7 - 5 - 8, in that order.
He likes John Lennon records?
May 05, 2020, 03:46:04 AM
I took delivery of 28 TB of spinning hardness today. Nothing gets my watery sap rising more than quality storage these days.
your wallet.dat file is that big?
nice
I was thinking pr0n collection.
your pron fits in 28 TB?
you need to
May 05, 2020, 03:41:22 AM
3 trillion here, 3 trillion there
pretty soon...something something
profit?
Kind of interesting actually. At a certain point there simply are no consequences for the worst behavior. Almost as if you had a rich daddy giving you everything.pretty soon...something something
profit?
There used to be a saying round these parts. You didn't make a loss if you didn't sell. (bit like 1btc=1btc)
The same kind of applies for all this ridiculous debt. If you are never going to repay it is it really a debt?
May 05, 2020, 03:39:12 AM
Previous halving rallies were 10,000% and 2,500%. What do we all think we will see this time?
The guesstimate from Dan Morehead sounds reasonable (and I’d take it):
https://medium.com/@PanteraCapital/macro-impact-on-bitcoin-pantera-blockchain-letter-april-2020-1fdc792d4f33
Quote
Each subsequent halving’s impact on price will likely taper off in importance as the ratio of reduction in supply from previous halvings to the next decreases. [...]
The second having decreased supply only one-third as much as the first. Very interestingly, it had exactly one-third the price impact. Extrapolating this relationship to 2020: The reduction is supply is only 40% as great as in 2016. If this relationship holds, that would imply about 40% as much price impulse — bitcoin would peak at $115,212 /BTC.
From earlier in the article: “IF history were to repeat itself, bitcoin would peak in August 2021.”
The second having decreased supply only one-third as much as the first. Very interestingly, it had exactly one-third the price impact. Extrapolating this relationship to 2020: The reduction is supply is only 40% as great as in 2016. If this relationship holds, that would imply about 40% as much price impulse — bitcoin would peak at $115,212 /BTC.
From earlier in the article: “IF history were to repeat itself, bitcoin would peak in August 2021.”
May 05, 2020, 03:33:49 AM
9000 getting close.
Come on Vegeta, you can do it!
Come on Vegeta, you can do it!
haha this has inspired me to make deliberately shit cosplay outfits
May 05, 2020, 03:31:44 AM
May 05, 2020, 03:26:43 AM
not out of the woods yet..bears look to be trying to take a dip in the pool dyor
stronghands
stronghands
May 05, 2020, 03:21:52 AM
I think Tuesday and wednesday will break 10k, theres a lot of fomo, news coverage etc. But what do i care, im just a HODDLER for life. I live my life satoshi by satoshi
Arrr, she's coming down again.
Bears nailed to the $9k barrier, it seems.
However, i stay by my original
Accumulate it
May 05, 2020, 03:15:37 AM
You guys with your stacked terabyte HDD’s. I’ll stick to the 1.44 MB not so floppy disks, conveniently strung together with a little help of ARJ. Even has a read only switch for eternal storage. Who needs blockchains.
I decorated the top of my table, made entirely out of punch cards, with my old 8-inch floppy disks, because i switched to 5,25" a week ago.
Anybody need a 8" drive? 50 pin cable included.
May 05, 2020, 03:11:02 AM
I think Tuesday and wednesday will break 10k, theres a lot of fomo, news coverage etc. But what do i care, im just a HODDLER for life. I live my life satoshi by satoshi
May 05, 2020, 03:06:13 AM
All Members.
STAY HOME ~~~~~~~ PROTECT THE NHS ~~~~~~~ SAVE LIVES
Now which branch member can this be. Is it one of the Officer’s stocking up?
Come on own up
Oops – Name “Knight Sir”- Lost it. Not again!!
Own up who can say that are losing weight during this lock down?
Thank you Stuart and Dennis for keeping me supplied with subject material
Hon Sec
STAY HOME ~~~~~~~ PROTECT THE NHS ~~~~~~~ SAVE LIVES
Now which branch member can this be. Is it one of the Officer’s stocking up?
Come on own up
Oops – Name “Knight Sir”- Lost it. Not again!!
Own up who can say that are losing weight during this lock down?
Thank you Stuart and Dennis for keeping me supplied with subject material
Hon Sec
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