That was a nice pump. Made more coin haha.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9151. (Read 26715945 times)
October 25, 2019, 11:27:24 AM
That was a nice pump. Made more coin haha.
October 25, 2019, 11:25:40 AM
October 25, 2019, 11:24:08 AM
October 25, 2019, 11:21:57 AM
if you are scared from BAKKT impact on market, then brace for more:
Bakkt to Launch Options on Its Bitcoin Futures Dec. 9
I am afraid time has come to write the option equivalen to my Everything you wanted to know about BTC futures but were afraid to ask! post.
Gigantic work, but has to be done.
Bakkt to Launch Options on Its Bitcoin Futures Dec. 9
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Bakkt announced Thursday that it would “launch the first regulated options contract for bitcoin futures,” adding a new product to its current slate of physically-settled bitcoin futures contracts. CEO Kelly Loeffler said in a Medium post that the contracts were built in response to customer feedback, and that ICE Futures US self-certified the contract through the U.S. Commodity Futures Trading Commission (CFTC).
I am afraid time has come to write the option equivalen to my Everything you wanted to know about BTC futures but were afraid to ask! post.
Gigantic work, but has to be done.
Options for bitcoin FUTURES, again. How about plain old options? I wonder why they're approaching it this way.
Option on a physically settled future on bitcoin are basically the same thing of an option on the bitcoin itself. I really can’t see any difference.
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They are doing so to “recycle” a few items legally I think. But nothing real for the user.
I agree on the "recycling" bit, but but... they must have hard btc because of physical settlement... so where does the need to recycle come from?
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Edit: I saw the message from Javi on the choice between physical or cash settlement of the options. I don’t know his source, but it looks very odd to me, but everything is possible.
If I know more, I will let you know.
This choice is a bit fishy. Fractional reserves maybe? Tu quoque, Bakkt? If I know more, I will let you know.
October 25, 2019, 11:21:15 AM
But but but... TA guru told me chart is pointing at 6k. I guess chart is now pointing at 60k?
October 25, 2019, 11:18:53 AM
A pleasant good morning Bitcoinland.
I take a leisurely hot bath and when I get out I see we've gone up a grand... currently $8464USD/$11049CAD (Bitcoinaverage)... very refreshing.
Too bad I couldn't afford to buy any coinz at the bargain basement prices but at least I didn't need to sell any either.
Life is good for those who hodl.
Go Bitcoin go.
I take a leisurely hot bath and when I get out I see we've gone up a grand... currently $8464USD/$11049CAD (Bitcoinaverage)... very refreshing.
Too bad I couldn't afford to buy any coinz at the bargain basement prices but at least I didn't need to sell any either.
Life is good for those who hodl.
Go Bitcoin go.
October 25, 2019, 11:17:47 AM
THIS escalated quickly. Nice dildo, long and reasonably fat given the meager recent volumes.
October 25, 2019, 11:16:52 AM
Was of a bit, just coming to say...... I think BoB is gonna like this late morning 
#nohomo
#nohomo 
October 25, 2019, 11:16:20 AM
Death cross is coming they said.... 3K is inevitable they said.... 
October 25, 2019, 11:10:43 AM
EEEEeeeeeeehaaaaa! Nice pump guys! Hope the beartroll scum is loving it as well...
October 25, 2019, 11:07:33 AM
Guys, what happens is that they are closing the "Shorts", maybe they didn't get more offer at low price levels, people don't want to sell.
When all the "Shorts" close, the price recovers, and they start looking for an offer at higher levels, $ 8.6k and up.
You have to wait, emotions know how to take advantage of whales.
When all the "Shorts" close, the price recovers, and they start looking for an offer at higher levels, $ 8.6k and up.
You have to wait, emotions know how to take advantage of whales.
October 25, 2019, 11:04:59 AM
Death cross? What Death cross! HAHA
This one below, the 50 Week crossing the 200 Week confirming a long-term bear trend. Bit of a late signal from breaking the 200 Day MA, but crossing none the less. It's normal for the price to rally into the death cross, in fact in 2014 and 2017 it happened on both occasions, ripping 20%+ to the upside in the short-term before dumping 50% further in the long-term. It's best not to confuse the short-term bullish results of the bear cross on hourly/daily time frames, with the longer term weekly/monthly outlook of what this implies, but you're also welcome to assume a 4 hour candle changes everything and we're going to the moon regardless
Don't get me wrong, I'm accumulating under $8k, but also trying to be realistic about the long-term perspectives of the bear cross based on previous price history.
October 25, 2019, 11:03:45 AM
Freshly saved 500 euro on its way to the exchange. To be honest, I am kind of surprised that bears tried to break the 7700 support. I don't get it why we should feel desperate with 2% drop below this support. If it is not comfirmed in the coming weeks, then all this was noise. Most TA won't even consider it as broken if it is cancelled soon. Now the support down to 7K has increased to 2700BTC in Bitstamp. This is enough to despair even the best bear manipulator in the world. It is like a street with a dead end, dear bears! You may try to break it, but the result will be broken heads The volume is low, meaning that besides the usual trades nobody is in a hurry to sell. And this is a sign of the failure of the bears, who thought with the sell of 700BTC on one exchange can bring havoc and despair. You have no good or bad news, dear bears, so your fail will be epic. 8K coming in (edited now: 2 weeks 2 days. 10K and above in the coming months days. ) 
Cheers to the hodlers!
The volume is low, meaning that besides the usual trades nobody is in a hurry to sell. And this is a sign of the failure of the bears, who thought with the sell of 700BTC on one exchange can bring havoc and despair. You have no good or bad news, dear bears, so your fail will be epic. 8K coming in (edited now: Cheers to the hodlers!hahahaha
That's an interesting perspective.
I hope that you are correct.
) 
October 25, 2019, 11:03:41 AM
Now I did subscribe to the Golden Retrace theory, but with things like the death cross going, and the downside target of the descending triangle etc.
Its over, im very confident this was a huge bear trap that pushed Bitcoin down to the 61.8. Bull market continues.
Its over, im very confident this was a huge bear trap that pushed Bitcoin down to the 61.8. Bull market continues.
October 25, 2019, 11:02:19 AM
$8500 on Bitstamp, amazing how easy it is to jump $1000 up in just a few hours 
You mean minutes.
Exactly, that would be more accurate - it stop on $8500 and bounce back to $8300 - let's see which direction it will go
October 25, 2019, 10:59:39 AM
October 25, 2019, 10:58:26 AM
oh my
October 25, 2019, 10:57:22 AM
$8500 on Bitstamp, amazing how easy it is to jump $1000 up in just a few hours
You mean minutes.
October 25, 2019, 10:54:13 AM
never thought i would get the opportunity to short 8420 again.
tight stops thou.
tight stops thou.
October 25, 2019, 10:54:07 AM
Meh.
This is fine.
Unpleasant, for sure... but still fine.
This is fine.
Unpleasant, for sure... but still fine.
Exactly!!!!!
But I am feeling as if something is missing from all of "this"?
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