Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 539. (Read 1811613 times)

sr. member
Activity: 291
Merit: 250
If you want to get some cheap coins sell now.  Don't thank me later.

Hmm told ya so.
sr. member
Activity: 252
Merit: 250
Quote from: JAY-Z
I don't sleep, I'm tired, I feel wired like codeine
These days, a brother gotta admire me from four fiends away
My pain, wish it was quick to see, from selling 'caine
'til brains was fried to a fricassee, can't lie
At the time it never bothered me, at the bar
Getting my thug on properly, my squad and me
Lack of respect for authority, laughing hard
Happy to be escaping poverty, however brief
I know this game got valleys and peaks, expectation
For dips, for precipitation we stack chips, hardly
The youth I used to be, soon to see a mill'in
No more Big Willie, my game has grown: prefer you call me William

legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
The scenario where this small correction was just a big bear trap is getting more likely. We have a rare Saturday rally going on which is a bullish sign. Next week is going to be very interesting.
legendary
Activity: 3122
Merit: 1538
yes
What the fuck 's happening just now by the way? We're almost at $47.

I'm wondering if some bulls decided to run it all the way upto 50.

Seriously failed. No more new supply unless we take a dive. Orders ready below $40.
legendary
Activity: 2097
Merit: 1070
What the fuck 's happening just now by the way? We're almost at $47.

I'm wondering if some bulls decided to run it all the way upto 50.
hero member
Activity: 501
Merit: 500
What the fuck 's happening just now by the way? We're almost at $47.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
If you want to get some cheap coins sell now.  Don't thank me later.

Buy back now bro - those walls at 48.5 are not real.
sr. member
Activity: 291
Merit: 250
If you want to get some cheap coins sell now.  Don't thank me later.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
If only I knee-eew if this is a false breakout or real one. Would be so cool to short from the top of the hill all the way to $27.04!  Cool

You seem like a good guy. Dont get fucked by the bitcoin noobs like Lucif did.


donator
Activity: 1722
Merit: 1036
If only I knee-eew if this is a false breakout or real one. Would be so cool to short from the top of the hill all the way to $27.04!  Cool
donator
Activity: 1722
Merit: 1036
Quote
https://bitcointalksearch.org/topic/playable-alpha-usdbtc-binary-options-market-149083

It would allow me to just specify in which exchange rate outcome (what price and what week) I want to profit and how much, and calculate the option premium (or call it wager if you will). No need to register anywhere, just send BTC, and the blockchain will testify that everything is done honestly.

Demand? WTF are you talking about? This is so f***ing cool I am gonna try it out in no time! Wink

Thanks Grin

I also would like such a thing to exist so I'm trying to create one  Cheesy
zby
legendary
Activity: 1594
Merit: 1001
By "early adopters" I did not mean the core group who have developed and promoted it all along, they certainly understand bitcoin's value and fully deserve what they got. But there are also many out there who just ended up owning a large amount mostly because of luck, like that guy who spent 10,000 BTCs on pizza, or whoever happened to buy thousands when the exchange rate was somewhere around $0.01(if it's a $50 investment you could just throw it in and stop caring even if you lose it all)

In bitcoin everyone can be an early adopter!  There was the same talk in 2011 - and then voila - all the envious people could buy their coins at 2$.  I guess it was the same when bitcoin broke 1$.  

People don't understand how crazy it felt back then - I read about it in Jun 2010 (http://blog.p2pfoundation.net/bitcoin-p2p-cryptocurrency-now-in-public-beta/2010/06/16) - and I thought - "interesting idea - I'll need to have a look in a few years when it starts to get traction".  Then a fried started mailing me about it - and I thought - hmm maybe there is something - I'll invest in it - but first I need to read the white paper.  And then there was the slashdot effect and bitcoin was suddenly above 1$ and I still did not even know if the crypto is sound, but apparently people invested in it thousands - so they must have analyzed the paper right?  But I still wanted to read the paper myself.  And then buying - you send your hard earned money to guys that run a Magic the Gathering (what the fuck?) card exchange site.  I would not do it, it was crazy as shit - but just by chance I had something like occasion and I bought - my girlfriend did not even want to talk about it - "yeah - you just sent our vacations to some crazy guy!".

So what's so bad? If you have held until now, it's going to be way more profitable than putting your money into banks, whatever way you look at it.

Well - I never complained.  I sold during the crash and bought back around 4 with some left-over money.  Overall crazy profitable.
hero member
Activity: 784
Merit: 1000

The only shorting platform I know of and use is Bitfinex, for options there are several alternatives.

Please, tell me more I beg you Smiley The hard-earned money is at stake now. (I believe this is a service to all, the rally needs to have a breather and I want to profit)

Okay, first you could just setup a trading account on Bitfinex and taking BTC loans there, there seems to be about 2000 BTC available for borrowing there, this is a platform not incorporated yet, but the security seems to be relatively solid as these guys put most of their balance in a cold wallet and process withdrawals once per day manually.

For options trading the biggest platform is MPEX, but it has been down for days and is notoriously unfriendly to use, or you could try icbit.se, there is also a MPEX passthrough called coinbr(disclaimer: I haven't done any BTC option trading personally yet)

So you think there could be demand for the service I outlined (and playtested) in the other thread:

https://bitcointalksearch.org/topic/playable-alpha-usdbtc-binary-options-market-149083

It would allow me to just specify in which exchange rate outcome (what price and what week) I want to profit and how much, and calculate the option premium (or call it wager if you will). No need to register anywhere, just send BTC, and the blockchain will testify that everything is done honestly.

Demand? WTF are you talking about? This is so f***ing cool I am gonna try it out in no time! Wink

Keep it up buddy, those MPEX thugs need some serious kicks in the ass! Grin
donator
Activity: 1722
Merit: 1036

The only shorting platform I know of and use is Bitfinex, for options there are several alternatives.

Please, tell me more I beg you Smiley The hard-earned money is at stake now. (I believe this is a service to all, the rally needs to have a breather and I want to profit)

Okay, first you could just setup a trading account on Bitfinex and taking BTC loans there, there seems to be about 2000 BTC available for borrowing there, this is a platform not incorporated yet, but the security seems to be relatively solid as these guys put most of their balance in a cold wallet and process withdrawals once per day manually.

For options trading the biggest platform is MPEX, but it has been down for days and is notoriously unfriendly to use, or you could try icbit.se, there is also a MPEX passthrough called coinbr(disclaimer: I haven't done any BTC option trading personally yet)

So you think there could be demand for the service I outlined (and playtested) in the other thread:

https://bitcointalksearch.org/topic/playable-alpha-usdbtc-binary-options-market-149083

It would allow me to just specify in which exchange rate outcome (what price and what week) I want to profit and how much, and calculate the option premium (or call it wager if you will). No need to register anywhere, just send BTC, and the blockchain will testify that everything is done honestly.
hero member
Activity: 784
Merit: 1000
By "early adopters" I did not mean the core group who have developed and promoted it all along, they certainly understand bitcoin's value and fully deserve what they got. But there are also many out there who just ended up owning a large amount mostly because of luck, like that guy who spent 10,000 BTCs on pizza, or whoever happened to buy thousands when the exchange rate was somewhere around $0.01(if it's a $50 investment you could just throw it in and stop caring even if you lose it all)

In bitcoin everyone can be an early adopter!  There was the same talk in 2011 - and then voila - all the envious people could buy their coins at 2$.  I guess it was the same when bitcoin broke 1$.  

People don't understand how crazy it felt back then - I read about it in Jun 2010 (http://blog.p2pfoundation.net/bitcoin-p2p-cryptocurrency-now-in-public-beta/2010/06/16) - and I thought - "interesting idea - I'll need to have a look in a few years when it starts to get traction".  Then a fried started mailing me about it - and I thought - hmm maybe there is something - I'll invest in it - but first I need to read the white paper.  And then there was the slashdot effect and bitcoin was suddenly above 1$ and I still did not even know if the crypto is sound, but apparently people invested in it thousands - so they must have analyzed the paper right?  But I still wanted to read the paper myself.  And then buying - you send your hard earned money to guys that run a Magic the Gathering (what the fuck?) card exchange site.  I would not do it, it was crazy as shit - but just by chance I had something like occasion and I bought - my girlfriend did not even want to talk about it - "yeah - you just sent our vacations to some crazy guy!".

So what's so bad? If you have held until now, it's going to be way more profitable than putting your money into banks, whatever way you look at it.
hero member
Activity: 784
Merit: 1000

The only shorting platform I know of and use is Bitfinex, for options there are several alternatives.

Please, tell me more I beg you Smiley The hard-earned money is at stake now. (I believe this is a service to all, the rally needs to have a breather and I want to profit)

Okay, first you could just setup a trading account on Bitfinex and taking BTC loans there, there seems to be about 2000 BTC available for borrowing there, this is a platform not incorporated yet, but the security seems to be relatively solid as these guys put most of their balance in a cold wallet and process withdrawals once per day manually.

For options trading the biggest platform is MPEX, but it has been down for days and is notoriously unfriendly to use, or you could try icbit.se, there is also a MPEX passthrough called coinbr(disclaimer: I haven't done any BTC option trading personally yet)
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration

The only shorting platform I know of and use is Bitfinex, for options there are several alternatives.

Please, tell me more I beg you Smiley The hard-earned money is at stake now. (I believe this is a service to all, the rally needs to have a breather and I want to profit)

Yeah the rally tried to take a breather... The demand is simply too high. Peoples expectations is what needs adjusting, not the price (down that is).
donator
Activity: 1722
Merit: 1036

The only shorting platform I know of and use is Bitfinex, for options there are several alternatives.

Please, tell me more I beg you Smiley The hard-earned money is at stake now. (I believe this is a service to all, the rally needs to have a breather and I want to profit)
hero member
Activity: 784
Merit: 1000
(I will sell my all and go short -200% tomorrow night at about the same time, OR if the price falls $3 from the 24 hour high which is currently at $45.50.)

Great, where will you go short? I can borrow you some. Grin

Hmmm. any suggestions? Cheesy

My position is about 500. What do you think is the best way to change this to a position of -1000, (so that I profit $1000 for each dollar it loses value)?

I don't care about technicalities. What matters to me is

- Liquidity. Possible to enter and exit contract within reasonable time (after all it is 1500 BTC change in position)
- Security. I don't want to lose my BTC or profits.
- Fees. Yeah this kind of play is expensive but I am a very fee-averse person and quite skilled in maths

Well, probably can't help you out then, I had about 200-300 available for borrowing, but the remaining unloaned part is only 50 by now.

The only shorting platform I know of and use is Bitfinex, for options there are several alternatives.
donator
Activity: 1722
Merit: 1036
I would add that any options play / betting or whatever is good, as long as the effective change in payout is along the lines.

(Yes, right now it is moving to direction that I not so likely short but anyway the moment of truth is some time tomorrow Wink
Jump to: