All posts made by adaseb in Bitcointalk.org's Wall Observer thread
1.
Post 8075411 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.01h):
Let us see if 590 will be resistance. The support that has built up is obviously nonsense (duh). Good luck folks!
Yes it was good support but when it broke it became start resistance. Went short here.
2.
Post 8075563 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.01h):
Hey is there anyway to get BTCChina charts to show up on BitcoinWisdom?
3.
Post 8096758 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.01h):
Looks like the big wall around 575 was removed.
About 1000 lots were removed.
4.
Post 8189361 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.02h):
When you guys trade BTC you need to take into account all the major markets such as BitFinex, BitStamp, OKCoin and BTCChina.
Problem is that the USD/CNY exchange rate differs and its hard to find a perfect long/short on all the different bitcoin markets.
BTCChina is by far the largest and should get the most importance.
5.
Post 8224133 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.03h):
I am going to be looking to go short if this wedge breaks. It looks like it high major resistance and failed to go any higher. Not much buyers in this area. If there is a hard break to the downside, I will enter short.
6.
Post 8224369 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.03h):
And I am also watching the price on Bitstamp.
The support for the last few days at 578 needs to break. I will be looking to short the bounce.
7.
Post 8635037 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.10h):
Huge offers appearing now on Bitfinex
8.
Post 8635091 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.10h):
The way you trade this is as follows.
If the offers get pulled, it was a bear trap. Most likely somebody was covering their short or buying low at these levels. The 2000 BTC walls were to scare you into selling.
If the offers get filled, then its bearish momentum. Such as what happened 3 days ago...
9.
Post 8635304 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.10h):
Go long here!
10.
Post 8756580 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.11h):
I am going to short it around $480.
Very strong resistance level and many huge ask walls were filled.
11.
Post 8792146 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.12h):
Yes but if you look at the daily chart, the chart is looking very bearish.
My sell order never filled around $500 and its scary shorting here.
12.
Post 8798919 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.12h):
Why don't these large whales use hidden orders instead of just putting a huge offer on the ask like that?
Makes it risky going long or short.
13.
Post 8842778 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.13h):
Its hard to see which price will be strong support. Because there are massive spikes on every single exchange, but if the support around ~$400 is broken then, it might go all the way back to $250 or so.
I am thinking about hedging a large portion of my BTC as protection.
14.
Post 8852213 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.13h):
I am surprised that there many a massive downwards spike already. We are at the low of the month and the selling isn't accelerating like last time.
I am keeping a small hedge position up just in case we end up breaking down but seems there are hidden buyers here.
15.
Post 8855085 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.13h):
All of a sudden the bears appear
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
16.
Post 8855225 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.13h):
Honestly there is NO REASON why BTC will rally from this area.
Huge trendlines are against it
There have been GREAT news regarding bitcoin but every rally gets sold off
Seems most of the coins entering the market are being dumped by multipools
I maybe be wrong but it doesn't look like this area will hold, it might go to $1000 one day but it will probably break $400 or lower.
17.
Post 8873188 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.13h):
Looking at the order book on Bitstamp, I think we're primed for another dump sometime today.
I am not disputing that there'll be a dump, but I wouldn't ever base anything on the Order book. The last time we were in this position things on the books changed very quickly.
http://bfxdata.com/swapstats/usd.phpLarge spike in USD swaps On Finex
I see the opposite. Large BTC swaps on Finex not USD.
Meaning everybody is going short.
18.
Post 8876496 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.13h):
Why is it that almost everybody in this thread is long and I am probably the only one short ?
The trend was down, it hit major resistance, it failed to rally on good news. Why would you be long in this market?
Why is everybody saying "YAY! Cheap coins" ??
Why are you trying to catch a falling knife? This might be the bottom but its highly unlikely its the bottom. It could go down another $50,$100 or $200 before it reaches a bottom and finds support.
19.
Post 8885938 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.14h):
I closed a part of my short from $500 at $395.
I actually was expecting a larger spike down to $350-380 with the stops/margin calls getting set off.
I think from this area might be a temporarily bounce.
Seems most of the selling was accelerated by LTC/CNY
20.
Post 8944143 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.15h):
Seems like buy the rumor and sell the news.
The paypal news really isn't that bullish. Digitial payments? Nothing we didn't expect.
21.
Post 9009071 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.17h):
I am upset I didn't re-enter my short at around $450 earlier this week.
Every rally gets sold off.
22.
Post 9067080 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.18h):
The dollar value increase has little to do with the decrease in BTC/USD.
It would only affect the price by a few bucks or so.
23.
Post 9070544 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.18h):
It will probably stay at $200-400 for the next 2-3 years until the block rewards stop
Too much money is given away to miners. Even now at the low price of $400, they get about $1.5 million a day.
24.
Post 9093834 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.20h):
I can't believe how low it went. I covered my shorts too early at $335
Very volatile at the moment.
Too risky to short or go long
25.
Post 9093853 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.20h):
IF it bounces high enough, I will be looking to re-short it again when CNY goes around 2000
26.
Post 9094121 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.20h):
I just cannot understand and comprehend why 98% of all the users in this thread are wanting to buy more BTC at the current levels when all the signals, trend, all point to a lower BTC.
Right now there is no reason to go long, only short.
Why is everybody guessing with their financial situation?
27.
Post 9094264 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.20h):
Starting entering my short position here.
1/3 position, think it will go a little higher.
Looking at ~2000 CNY to full position short.
28.
Post 9095641 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.20h):
What price did that 30K wall first appear?
Later it was moved down to 315?
29.
Post 9095989 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.20h):
How do you know that deposit address is owned by Bitstamp in the first place?
Could be a coincidence
30.
Post 9149604 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.22h):
Looks like price is stalling in this area. Entering a small short just in case.
Huge bounce so far from the last low
31.
Post 9150645 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.22h):
And another big dump.
You can forget about the trend reversal. The dumpers will stop it for sure. Back to bear market.
of course there are "dumps"/corrections/whatever we went up quite a lot after 10months downtrend...a lot of traders are still afraid...in both directions...that is why the orderbook between 350 and 390 is so thin at the moment...
its thin but most of the orders are hidden.
You need to check the volume instead, not the order book
32.
Post 9198826 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.24h):
So far its looking good. However I am taking some profit off the table.
There is still huge resistance that we need to get past.
But this is the first time in a while that we got over the 100 DMA for most exchanges.
33.
Post 9206351 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.24h):
I am adding to my short around this area. Looks like its exhausted and might pullback.
Will cover if I see it stalling.
34.
Post 9211179 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.24h):
Actually this move downward here is due to LTC/CNY hitting major resistance around $25-26 or so.
It had very good support at this price and then it broke it badly, and now it is retesting it.
If it can break the $25 CNY then we might test $450
35.
Post 9223450 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.24h):
I am glad I started my short yesterday. I knew this wasn't going to reach $500, most of the rise was short covering and profit taking.
36.
Post 9234901 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.24h):
Ok I took some profit from my short earlier this week. I need this area to break before i add to my short position.
Very volatlite lately and need to keep a tight stop.
37.
Post 9257831 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.25h):
I covered my short at a loss that I took a few days ago.
I was expecting it to go lower but it looks like support held and might advance higher.
38.
Post 9270642 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.25h):
Very fraustrating price action of late.
Looks like it will go down but stalls, looks like it goes up and stalls.
Keep losing money out due to commissions.
Really surprised it hasn't gotten lower yet.
39.
Post 9295326 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.25h):
Yes I got out also. No idea where its headed
40.
Post 9299574 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.25h):
Ok taking a small short here just to hedge my position. Looks like this might be the break we are looking for
41.
Post 9358161 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.27h):
Yes it is getting pretty bad out there. The volume is drying up badly. Most likely it will trade sideways for a while.
42.
Post 9369564 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.27h):
Finally its going down. Will cover my short position soon.
Basically LTC/USD is what caused this down move from a few days ago.
43.
Post 9397833 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.28h):
Yes I already took some profit of my short. I will probably reshort on any rally.
BTC is looking really week. I don't want to go long since it went down all of 2014.
44.
Post 9414287 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.28h):
Yes its painfully boring for me also. Either go down or go up but enough of this sideways trading.
We really need some news. But news even if positive has no effect it seems.
45.
Post 9442114 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.29h):
Yes but you cant make money any more with arbitrage. IT would take too long to send to one exchange to another.
46.
Post 9464558 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.29h):
I am selling some more in this area. Already covered a few days ago at a nice profit.
Nice short covering it seems.
47.
Post 9464803 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.29h):
jesus fuckin christ, has anyone read the criminal complaint against SR2 yet? The guy rented the server using his personal gmail and didn't even use a VPN to log in
what the titty fucking christ, are they serious
He probably didnt think it would go that far. So he just didn't care.
48.
Post 9472831 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.29h):
Yes many people bought around $1 or so back in 2010-2011 and they probably missed the boat to sell at $1000 and are holding thinking it goes up to $10000.
If he only had 1 BTC why sell
49.
Post 9506980 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.30h):
Looks like a bear flag to me.
Maybe some late shorts are covering but I highly doubt its going to go any higher then this
Wish there was more volume.
50.
Post 9513174 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.30h):
Yes that man sure is crazy. Imagine somebody cut off his hand to get to his BTC.
51.
Post 9538595 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.31h):
Man. I was away for the last 2 days but basically every single rally gets sold off.
Huge sell off. Over +$100 in BTC value in less than 6 hours.
52.
Post 9569258 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.32h):
Taking some profit off the table. Converting back to fiat. Looks like it will go down further.
53.
Post 9575102 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.32h):
Well at least I took profit. Withdraw some of my BTC for cash.
Don't think it will get above $500 for a while now.
54.
Post 9586110 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.33h):
No its failed again. At first it was short covering but then another rally that was short lived and its back down again.
55.
Post 9603370 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.33h):
Yes it was a good area to go short. It had good support on that area and it broke
56.
Post 9627426 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.34h):
For me it was very easy making money lately. Made loads of money shortin on every single rally. Maybe had a few small loses.
Going long almost always lead to losses.
57.
Post 9707992 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.36h):
Man the price action of late has been awful.
Either go up or go down. Enough of this sideways movement.
58.
Post 9718926 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.36h):
Well the reason why its not going down at the moment is because it looks like LTC has finally found support.
Triple down bottom for LTC/ CNY
59.
Post 9745113 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.37h):
Well I covered my short from earlier this week. I also sold some BTC for some fiat.
Since Christmas is upon us, there will be even less liquidity and less volume and less price action.
60.
Post 9775104 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.38h):
Well I am surprised that during the Christmas shopping spree the BTC is not crashing due to people offloading BTC to buy gifts.
Good sign I guess.
61.
Post 9784418 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.38h):
I covered some at around this area. will short if it bounces towards previous resistance.
62.
Post 9791145 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.38h):
No the reason why its going down is due to LTC selling. Which always accelerates BTC declines.
63.
Post 9891159 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.40h):
Alright I took profit off my last short. I think I was in the short for 3 weeks in total. I am hoping $300 would break but will take what I can get.
Should of shorted LTC isntead.
64.
Post 9931104 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.41h):
Well if you know when to short BTC you can always make good money when it goes down.
LTC was very easy to make money this year by shorting it.
65.
Post 9987775 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.42h):
I don't expect much movement this week.
Between Christmas and New Years is always very little liquidity.
66.
Post 10040657 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.44h):
Wow. Finally some action. Covered some of my short already.
I feel bad for anyone that is holding long positions.
67.
Post 10040664 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.44h):
A bit of downward pressure over the next 5 hours...expect it to hold strong at 250. Fresh fiat to hit exchage tomorrow morning and the bounce shall begin for the year!!!!
The next support actually appears to be the $260ish level. The price on bitfinex has hugged that somewhat but we haven't seen any major downward movement below it that has been sustained for more then ~an hour. It will be interesting to see how many people end up having to liquidate their margin long positions that will cause the price to decline
If you look closely this support area already broke. I don't think it will bounce from here. IT was here 4 months ago.
68.
Post 10054908 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.44h):
No this is just nothing but plain short covering. It will bounce a little and then head towards the $200
69.
Post 10055076 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.44h):
No this is just nothing but plain short covering. It will bounce a little and then head towards the $200
You know rather than guessing you can just see that btc swap contracts are only very slightly below their all time high level, right? Currently over 22000 contracts.
Www.bfxdata.com
Yes but in all honestly it doesn't really make much difference.
70.
Post 10119515 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.46h):
WOW! Pretty much a classic support becomes resistance in the last move. I feel bad that I didn't short it there.
71.
Post 10122474 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.46h):
Any word on when the ETF is likely to happen?
I think it was in the works but with the recent action, probably wont happen.
The ETF would have to buy the BTC and no ETF will want to buy something that will for sure lose value.
72.
Post 10130556 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.46h):
WOW Nice. Thanks for postin that and going a good job sortin them all out.
73.
Post 10133369 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.47h):
Yes its going down crazy fast. I feel bad for taking profit too early.
At this rate, it will be below $200 in no time.
74.
Post 10297006 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.54h):
No there is no reason to buy now.
Clearly there was profit taking thats why it went to $315. It had some support which broke, and now that support will be resistance.
75.
Post 10352554 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.56h):
only a bulltard would be long this ...
Looking at this chart it looks like a CLEAR BUY but yet most people are not CLEARLY SHORT bitcoin.
Makes no sense.
76.
Post 10546658 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_13.59h):
So why the sudden drop? Some negative news came out in the last hour or so? just woke up
77.
Post 10604535 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.01h):
there is a serious sale going on at CaVirtex right now. maybe the closing is causing some panic, or maybe people are worried about the ability to sell large quantities anymore afterwards so are taking the hit now ... but the sale is on. lucky if you got some cash on there and are a bull.
I did some arb the other day moving my $ funds to another exchange, and today the arb opportunity is twice as good. I guess alot of poeple are simply cashing out to fiat and withdrawing to their bank account because of the shutdown, i wonder how long these prices are going to last, is it worth wiring more money to virtex... hmm... probably!
Can you still wire money in? Do they take CAD deposits still?
i believe so, it doesn't say its disabled... ill have to try it out later.
I have thought about doing this but it seems risky. The money might disappear with what is going on lately.
78.
Post 10662385 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.02h):
When is the Bitcoin auction? Tomorrow.
It might have an effect on the price if they bid higher then current market value like it did back in July
79.
Post 10672943 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.02h):
Who is this CryptosKees dude? Is he credible?
80.
Post 10709718 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.03h):
Looks like more upside if triangle breaks ... or downside.
81.
Post 10718179 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.03h):
Looks like at 288.93 there was some bid walls on Bitfinex. Anyone know how large? About 1K ?
82.
Post 10870406 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.06h):
Apparently a large commercial German airliner crashed about a hour ago or so.
83.
Post 12178816 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.23h):
YEAH BABY!!!
CLOSE BTCUSD 226.05 18-08-15 18:06:47
LONG BTCUSD 195.24 18-08-15 17:50:19
CLOSE BTCUSD 214.8 18-08-15 17:48:31
SHORT BTCUSD 289.32 24-07-15 15:53:29
SHORT BTCUSD 288 24-07-15 14:47:50
84.
Post 12179076 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.23h):
YEAH BABY!!!
CLOSE BTCUSD 226.05 18-08-15 18:06:47
LONG BTCUSD 195.24 18-08-15 17:50:19
CLOSE BTCUSD 214.8 18-08-15 17:48:31
SHORT BTCUSD 289.32 24-07-15 15:53:29
SHORT BTCUSD 288 24-07-15 14:47:50
IS BITFINEX WORKING FOR YOU?
Yes but you had to use limit orders, because when I closed my short at 214.80 the price was actually around $190-$200 at the time and it took like 1 minute or so to fill.
You had to also use your Order Trading History because the terminal was frozen.
I only covered my short and bought because on BTCe, Huobi and Bitstamp price was around $220 so I assumed this was due to a long squeeze.
85.
Post 12714351 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.28h):
You guys are bad at trading. Looking at the daily charts the major resistance and supply area is around $300. Whenever price hit that area there was massive selling. Most likely that will be the top in the near term, then it will either go back down to the $220's or hopefully would break the $300 and then retest it on heading higher.
I don't see it breaking $300 yet, maybe closer to the halving.
86.
Post 12759615 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.28h):
One thing I learnt about this thread is this
* When price is going up and everybody is like "BITCOIN IS GOING TO THE MOON" or "Here $10,000 we come" it means its time to sell or go short.
* When price is crashing and everybody is like "BITCOIN IS A SCAM" or "BITCOIN IS GOING TO $1" it means its time to buy or cover.
87.
Post 12760724 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.28h):
One thing I learnt about this thread is this
* When price is going up and everybody is like "BITCOIN IS GOING TO THE MOON" or "Here $10,000 we come" it means its time to sell or go short.
* When price is crashing and everybody is like "BITCOIN IS A SCAM" or "BITCOIN IS GOING TO $1" it means its time to buy or cover.
Yeah, unfortunately this is the case... people in this thread have always been thinking in an "all or nothing" approach... but that's the fun of speculating, you never know what's going to be the outcome at anytime. Once people see the prices go down a dollar, they are instantaneously ready to sell all of their bitcoins, and ready to watch the bitcoin world burn to the ground.
It's actually pretty funny to me, and love to monitor the thread all the time.
That's all bullshit.
Even though there frequently are common themes amongst some posters, participants in this thread can hardly be pigeonholed into merely a couple of categories. Get real.
Also, if you engage in a communication (beyond superficiality) with any particular poster of this thread, except for maybe the most extremes of trolls, there is going to be a considerable amount of individual perspective and experiences and independent thinking - even when some of the individual posters may from time to time drone on and merely be stirring shit within a large number of their posts.
I had to re-read this a few times and honestly I have no idea what you are trying to say due to your specific use of the english language.
Are you a English University professor or something?
88.
Post 12804772 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.29h):
Seems like there is a massive seller at 1950CNY. If we don't break that on the next attempt, we will probably go down to ~1840CNY or so.
89.
Post 12825651 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.29h):
It seems everybody and their Grandmother is buying Bitcoin right now, means its time for me to sell and go short.
If I'm wrong, i'll cover at a loss.
90.
Post 12825697 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.29h):
It seems everybody and their Grandmother is buying Bitcoin right now, means its time for me to sell and go short.
If I'm wrong, i'll cover at a loss.
You are, and you will.
Psychologically it messes with your head since you are selling against a large uptrend but these types of trades usually have the best risk/reward ratio.
91.
Post 12853528 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.30h):
2685 Lot at 330.00 on the Bid.
Maybe that dude covering part of his short from $315 last week.
92.
Post 12853580 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.30h):
2685 Lot at 330.00 on the Bid.
Maybe that dude covering part of his short from $315 last week.
order was pulled just now.
93.
Post 12853966 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.30h):
I highly doubt there will ever be a short squeeze.
The amount of BTC swap is low, and we don't know what price they sold the BTC at? It could of been at $1100 USD.
I also think a large portion of these BTC shorts is simply mining farms trying to get a future price for their mining revenues for the next few months.
Long squeeze is a different story.
94.
Post 12868876 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.30h):
Boy I'm glad to have covered my short earlier at a loss.
95.
Post 12878159 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.31h):
For all you day-traders, do you trust your money with OKCoin at the 20x leverage? I heard that you can deposit coins there, and trade but to withdraw you need to send over your passport.
Besides Bitfinex at 3.3x leverage any other trading platforms out there?
96.
Post 12878459 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.31h):
For all you day-traders, do you trust your money with OKCoin at the 20x leverage? I heard that you can deposit coins there, and trade but to withdraw you need to send over your passport.
Besides Bitfinex at 3.3x leverage any other trading platforms out there?
I stay far away from the Chinese exchanges during this rally. In all probability, when this rally is finally over, then one of those exchanges will do a mtgox.
Using leverage during an exponential growth period is really setting yourself up for financial disaster. I did it with a somewhat small amount of money just as a gamble for the fun of it. I recommend AGAINST doing it in hopes to actually come out ahead of the game.
Most trades I take I am in the position for less than an hour.
97.
Post 12917579 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.32h):
this is going to break down. sorry uber bulls.
Yes correct. Failed highs, lower lows and lower highs.
It will go to ~320 before attemps to go higher.
98.
Post 12944579 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.33h):
I guess now is the time to cover / buy since everybody is panicking and thinks BTC will go to $200 again.
99.
Post 12944879 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.33h):
Okcoin Futures : Margin Call Loss of 3163 BTC. The insurance fund has 741 BTC. That leaves 2422 BTC. Welcome Back Socialized losses.
Where did you get this information ?
100.
Post 12945078 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.33h):
I don't understand why everybody is panicking. Right now BTC is on solid support. If it breaks this level, then I would worry.
101.
Post 12945785 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.33h):
The BTC market is unpredictable in the short term, but longer term the obvious patterns form. If you are a long term bull, then trade on the long term patterns. Buy/accumulate when the market is bottomed and no one cares, sell near top of rallies. Then be patient to get back in, because a rally bubble can take a while to unwind. A LONG while. There may even be several mini bull runs/short squeezes along the way, but ultimately the price ends up bottoming out way lower and all volume/volatility dies.
How about this as a strategy for a lazy trader (like me)? It's the cross-overs of K and J of the KDJ indicator.
Hasn't crossed over quite yet
I think we can settle on the crossing, right?
Its a lagging indicator, by the time you notice the cross, price will of already moved.
102.
Post 12977205 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
Alright. Enough fighting in this thread. We will know in the next few hours where Bitcoin will be headed once it breaks out of the wedge.
If it breaks up, then it will test the ~350 level before heading higher.
IF it breaks down, then it will test the minor support at ~330 and then the major support at $300.
IF $300 Breaks, then its VERY bearish but it should hold given the massive rise from that level. I highly doubt this move was caused by the MMM scam.
103.
Post 12977229 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
This is why you shouldn't trade during the weekend. Don't trade until the Asian open which is in the evening in Eastern time in the USA.
104.
Post 13010691 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
Seems to be little movement due to large of volume. These are the area's to watch.
105.
Post 13010712 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
Here it is on a larger time frame.
Basically
Large Term - Bullish
Short Term - Bearish
Current Term - Neutral
106.
Post 13010799 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
Why does "large of volume" mean anything, when a nice chunk of that is obvious wash trades?
At least they could adjust the algo to make it a little more convincing... like the chinese appear to be doing.
Sorry for the typo. Meant lack of volume.
107.
Post 13011054 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
Why does "large of volume" mean anything, when a nice chunk of that is obvious wash trades?
At least they could adjust the algo to make it a little more convincing... like the chinese appear to be doing.
How can you be so convinced that the volume on Stamp is not real?
There is a BTC price battle going on, no?
And, such BTC price battle has been going on for nearly 14 weeks (specifically on Stamp - as the price leader), and more intensified in the past about 4 weeks, no?
What's your evidence to the contrary?
Isn't Bitfinex the volume leader ?
108.
Post 13032566 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
Another trade opportunity.
109.
Post 13053553 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.34h):
Another trade opportunity.
I covered half and holding the rest and will see what will happen.
110.
Post 13068150 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.35h):
Another trade opportunity.
Are you putting your money where your mouth is?
To me seems risky
Yea, would take some balls to short here at 327, even though we saw 309 a couple days ago.
Margin shorts vs longs on Bitfinex and OkCoin suggests probable upward movement once the work week begins.
This ended up being a good call.
I shorted 82 BTC at 327.2 this morning. Hoping for a few bucks over the next few hours. Stop loss at 329.
I already took profit on 75% of my position from that short. If it closes above the $330, I will be out.
The $315 seems to have some hidden buyers AND the hourly trendline was broken AND there is large volume coming it.
I still think the $300 will get eventually tested before we head higher.
111.
Post 13190539 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.36h):
What the hell is going on with Bitfinex?
Are they hacked or something?
112.
Post 13208584 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.37h):
Looks like a little pullback before advance.
Trade opportunity coming up.
113.
Post 13211501 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.37h):
Looks like a little pullback before advance.
Trade opportunity coming up.
out loss
114.
Post 13239132 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.37h):
Another short opportunity is coming up soon.
Alot of resistance in the $475-$500 area makes this a good risk reward.
115.
Post 13264468 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.38h):
Still a valid trade. Took some profit off 440 but I think it should go lower.
116.
Post 13311331 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_14.38h):
Still a valid trade. Took some profit off 440 but I think it should go lower.
Took some more profit off the table and holding the rest.
117.
Post 18835878 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.09h):
If you take the GDAX/Gemini rate and multiple by USD/CAD you get exactly $2002
1 BTC =
118.
Post 19565462 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.12h):
Scalping here. Tight stop, already went down alot today.
119.
Post 19570011 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.12h):
Scalping here. Tight stop, already went down alot today.
Covered here. Pretty sure it won't go much lower, at least for today.
120.
Post 19570098 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.12h):
So the maths happened.. parabolic has to complete its cycle before.. moving upward.. it will surely cross
3000 usd level but after completing this parabolic cycle... and it has to come down to anywhere between
1300 to
1500 usd level... which is 61.8% to 78.8% retracement of this parabolic move ... over 8 weeks.
This is a good analysis if you are looking for a long term long at around the ~$1200 level or so. However its too early to tell if we will be getting any mid-term bearish action. Shorting based on this is not a good indicator.
Tomorrow, all of todays moves could easily be reversed as it was in the past. We are still in a strong bull market.
121.
Post 21427166 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.19h):
How many BTC are actually available in supply?
With the 2.5 million lost. And another 5 million or so held on by those with bought in prior to Nov 2013 bubble, how many are there actually in active circulation? That and probably a few more million who are holdling to like $10,000 coin.
Anyway to check the amount of UTXO from Genesis to mid 2015 or so?
There is this
https://utxo-stats.com/ but it doesn't sum up the coin totals.
Seems price is rising so high due to shortage of bitcoins to go around.
122.
Post 23610841 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.24h):
drbrockcoin : was there information given by bitfinex about this before the fork ?
Yes on Oct 23rd
https://www.bitfinex.com/posts/230
123.
Post 24428746 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.26h):
Anyone here think that Bitcoin Cash was created not to compete with Bitcoin but instead with Litecoin and Ethereum?
Doesn't make sense why Bitcoin Cash would want to hurt Bitcoin since most own both coins long term.
124.
Post 24446875 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.26h):
This is why it was wise to just keep both coins as a hedge.
BTC lost $1000 while BCH gained $1000
125.
Post 24614384 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.27h):
Looks like Segwit2x futures on Yobit are going CCMF
126.
Post 24614921 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.27h):
What exchange trades BTG?
yobit hitbit bitfinex etc
and trezor hasnt release a splitting tool yet. i knew it
Is there a way to sweep these airdrop coin without typing in private keys into smartphone or some web page? I would love to dump these coins, but I'm little bit picky where I put my private keys, would never paste them into something that is not standalone open-sourced application.
Move your BTC, then your BCASH, and then put in your private key.
While you are at it, claim your Clams and Bitcore coins also.
127.
Post 24646316 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.27h):
All bitcoin and its forks not counting BTX ($25 coin)
128.
Post 24710669 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.27h):
$80,000,000 buy order for BCASH?
Will it or will it not get pulled?
Maybe this order is just a short cover from another exchange?
129.
Post 24764612 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.27h):
When was Bitcointalk forum hacked? This was the one from a year ago correct?
130.
Post 24766616 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.27h):
Forget the Tesla. This is a real sports car.
Buy today for $15K and sell in 10 years for $50K.
131.
Post 24812214 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.27h):
what do you guys think about the Tether/Bitfinex conspiracy? Where is all this money coming from? Is bitfinex just "washtrading" the price in its desired direction?
Imho price of Bitcoin at 1k$ was the result of somehow healthy grow (~$10Mio Tether), now we have 7x this price (~600Mio Tether). This might be the next MtGox.
Get rich quick 101
1. Buy BTC with real USD
2. Print Tether
3. Pump BTC with Tether
4. FOMO
5. Sell BTC for USD
6. Profit
When you understand how washtrading works you'll understand that 20Mio Tether are enough to increase MarketCap by 20Billion$.
This works as long as the price of BTC stays high. Never short Bitcoin in the current situation. This bubble (Tether out of thin air) will pop.
They posted an audit last month.
The supply of tethers keeps increasing because price of bitcoin keeps going up.
20 Million these days is nothing. Its mostly from old adopters that sell their BTC whenever a new ATH is made.
Tether is required to keeps the markets liquid.
I might be wrong but I also don't believe those Bitfinex'rekt reddits and FUD conspiracies either.
132.
Post 25393049 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.29h):
133.
Post 25395381 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.29h):
Lets have a history recap.
Did you guys know that if you started mining with a Radeon 5970 on the day that a GPU miner was released for Bitcoin ( Oct 2010), when difficulty was around 1000. You would of made 800 BTC per day.
In November 2010 you would of made 266 BTC per day
In December 2010 you would of made 80 BTC per day.
134.
Post 25416870 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.29h):
Alot of people sold at around $10K. Probably anywhere from $9000-9900 or so. This is a given. Makes complete sense.
However since the price went up regardless, means there must of been multiple amounts of demand as supply. Hence its extremely bullish.
I am reading many posts on Reddit, or all over this forum people saying "Its a bubble", or "I've sold and will buy back cheaper", etc, etc. I am pretty sure those are the people who sold their entire positions at a profit and are all fiat now.
Its human emotion to talk bad about something that you don't own or want.
I would say that most of the retail market of 2017, they most likely bought it purely out of short term speculation. They bought it at $1000, sold at $2000.
Bought at $2000, sold at $3000. Bought at $3000, sold at $4000. During those huge dips, some people sold at break-even.
The long-term adoptors, the ones who hold Caustatious coins and those who CPU/GPU mined BTC back in the day, they most likely sold very little percentage of their holdings at $10K. I've met many in person and they think $10K is still too cheap.
I really think that most of the coins that were bought and hold this year was by large institutions. They are the ones who kept buying at all time highs because since the beginning of the year their cost basis is still low. But they plan on holding for a long time.
135.
Post 25481464 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.29h):
Some guy on Reddit lost a bet that BTC wouldn't hit $10K and said he would eat his left nut...
Apparently he did it
https://www.reddit.com/r/Bitcoin/comments/7gjdah/me_calaber24p_eating_my_left_nut/Too scared to watch...
136.
Post 26756290 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.34h):
Someone yesterday on LedgerX bought $1 million dollar worth of $50,000 Dec 2018 Call options.
About 275 contracts. Hence someone thinks it will go at least >$53,600.
137.
Post 26812909 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.34h):
The grand-finale would of been if it makes a double bottom @ $10K with piercing $10K slightly to hit the stops and rebounding.
Many retail traders/noobs probably got their stop-loss set at $10,000 exactly.
138.
Post 27068414 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.35h):
If you are an early adopter, post which was the first GPU you ever mined with.
Mine was the Radeon 6990. It was very expensive but it mined Bitcoin at almost 1GH/s, mined LTC at 800MH/s, mined X11, mined XMR, mined ETH.
40nm technology compared to the 16nm we use today.
The card actually can still pull in $2-3 a day.
Ran at 90C and never had any failures or fan issues.
139.
Post 27184002 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.36h):
BTC will go to $100K.
Why? Because the earlier adopters are never selling.
Proof
https://bitcointalk.org/index.php?topic=2482954.msg27183947#msg27183947Decided to re-analyse the 25BTC and 100BTC coins since my very first post BTC doubled again to $20K and BCH doubled again to $4K.
25BTC Coins (
https://casascius.uberbills.com/?type=25&status=active )
Starting at beginning of 2017, there were about 501 active coins. BTC at the beginning of the year was around $1K
When BTC hit $10K (end of November) 50 were opened.
Today, right after BTC peaked at $20K and BCH peaked at $4K. 67 were opened
So only 13% were opened in 2017 when priced went up about 2000%. Seems like either some of these coins might of been lost or Casascius are so wealthy that they don't bother to sell.
100 BTC Coins (
https://casascius.uberbills.com/?type=100&status=active )
When BTC hit $10K (end of November) 7 were redeemed.
Today, right after BTC peaked at $20K and BCH peaked at $4K. Another 2 were redeemed. So only 9 redeemed in entire year of 2017.
Similiar percentage of 14% redeemd in 2017 after BTC appreciated 2000% in value. Actually more like 2200% if you include the forked coins.
140.
Post 28298355 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.38h):
Seems like scalping right off $10K on GDAX and Bitfinex was a classical technical analysis trade.
Was under $10K probably for less than a minute.
Tons of stop losses under... but many buy-limits under also
141.
Post 28363018 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
Compared to other threads on bitcointalk, reddit, twitter, facebook.
It seems everybody in this thread is chill and hodling.
Guess being an old adopter comes with its perks.
142.
Post 28432324 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
Stumbled upon the Digital Goods section of Bitcointalk and there are people asking 1 BTC for Bittrex, Bitfinex, Poloniex and Binance accounts.
Is it really true that you can't even open an account with any crypto-only exchange these days?
Also stumbled upon my local Craiglist and people asking $400 for an R9 280X and $500 for an R9 290 GPUs. Also people asking $1000 for an Antminer S5.
If so, this bubble is far far away from bursting...
143.
Post 28439954 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
Some of the comments are hilarious with what happened with Bitconnect
144.
Post 28512841 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
Anyone here used their tether lately with armory on cold storage?
Been a while since I spent my tether and want to make sure the old version of Armory can still sign the transactions generated by omniwallet.org
They had some hard-fork last month or so and changed some parameters.
145.
Post 28588672 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
How do you guys compute your taxes when...
You mined 1 ETH with your GPU ....
You sold 1 ETH and bought BTC ....
You held that BTC for a long time and then sold for USD ...
The 1 ETH is business income?
The BTC is considered capital gains?
146.
Post 28593462 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
Went to my local computer store to buy a new PSU. Since my 4 year old Corsair 750W is crapping out.
I look behind the counter and they got a bunch of rigs mining. I wanted to buy a PSU and they said they are not selling them without a motherboard+cpu combo.
WTF?
147.
Post 28648553 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
So when was the last time someone actually spotted some bid or ask wall and posted about it in this thread?
148.
Post 28719187 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.39h):
Dammit that’s much better than mine. You win.
na not mine
go on anyway
Knock knock?
who's there?
Satoshi
Satoshi who?
Craig Wright
If Craig Wright is Satoshi (or part of that group of three with hal finney and the other guy..both that have passed away) and there is a BTC Trust he can get a hold of worth
Billions on Jan 1st 2020 as he claims...well, he is gonna flush a lot of BTC and watch us burn, for how he sees his treatment by BTC community and the press....
he currently has some folk convinced that he is Satoshi and patenting blockchain and everything else he can try to do (on the assumption he can prove he is satoshi IF the
trust is real and he has access)
only a 1 out of 20 chance IMHO, of this being true....but that is my Bitcoin Boogman Senario...(hell, after Trump became President of the USA...all unlikely things in my mind now are
now possible)
shudder!
Yeah he is definately Satoshi.
Instead of buying a Lambo, he just rents one. Because when you got so much money... why buy when you can rent since it costs more.
149.
Post 28848648 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.40h):
Found this
https://www.youtube.com/watch?v=h7h6oWYYiusApparently its a show on CNBC
I find it crazy how they write
"Don't panic when the coin drops 50%"
Is it just me or does it sound crazy not to panic when you lost 50% of unrealized gains.
150.
Post 28852338 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.40h):
Don't know if you guys frequent the "Mining" section but its brutal there.
Basically Bitmain pulling another Bitmain and over-supplying the market with an ASIC for SIA. Noobs ordering a bunch of units expecting $500/day and while UPS is dropping off these ASICs the difficulty triples in about a day.
https://siamining.com/statsAlso people going CRAZY over GPUs. People basically paying $1500 for GPUs and Computer Stores either Out of Stock on PSUs or REFUSING to sell PSUs without a Mobo+CPU combo.
While I'm just chilling and mining on my good old 7970 from the Litecoin days on my old trusty Corsair 750W with ROI being the least of my worries.
151.
Post 28856341 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.40h):
Ack! looks like work...will contemplate the concept of GPU mining with my 1 card Alienware laptop and expansion chassis (1 GPU card) by EXTENSIVELY field testing it with the Destiny 2
game....this may take a while...got to run the GPU card thru its paces don't ya know...be secure in it being stable an all that (cough!) (again with the throwing of stuff at me in
bitcointalk...jeez)
In my opinion GPU mining right now is very profitable if you already own the equipment.
Right now there is a shortage of GPUs, PSUs, Motherboards, and USB Risers. So starting from scratch is going to be very expensive and a headache.
You can try mining with your laptop, however its generally not recommended however since its a gaming laptop, maybe the cooling is improved. Either way I would first REMOVE THE BATTERY before mining so it doesn't overheat and explode.
152.
Post 28859220 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.40h):
I am pretty sure 50 cent lost the private key to those BTCs.
Next time we know he will be on twitter asking "How to retrieve my lost private key"?
153.
Post 28866308 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.40h):
This is actually genius.
No more newbies posting irreverent dribble to became a "Legendary" one day.
All we need now is 2FA..
154.
Post 28956416 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.40h):
Been a while since we had these.
What was the last exchange hack?
I am thinking Bitfinex but I am pretty sure another exchange was recently hacked but can't remember which ...
155.
Post 29015421 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.40h):
I’m on mobile. What’s a break out ? 11,500?
Keep in mind those TX could be the mother of all dumps too
We are on $11,400.
Breakout would be either at $11,700 which is the neckline of this inverse head and shoulders we are in
After that probably the psychological $12,000 and after that most likely the previous resistance and psychological $13,000
Support is always at $10K
156.
Post 32561736 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.48h):
Mining profitability now is more or less exactly what it was a year ago. Right before the crazy ETH bubble.
Only difference is that GPUs gotten more expensive and people complain because of bad ROI times.
My 7970 mined BTC then LTC then Darkcoin then ETH and now ZEC
5 year old graphic card.
157.
Post 34116292 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.51h):
Pretty sure the reason why the price is crashing is due to people like this
https://www.reddit.com/r/Bitcoin/comments/8adxnh/need_a_serious_advice_should_i_take_out_a_private/Hi, Around January 7th I took out a loan against the house and I invested 12000$ in crypto and today of that 12k I have 1650$ left. I cant sleep at night. I am in a heavy depression. I bought everything at all time high and bought shitcoins such as verge trx poet paccoin and good coins- cardano. all my coins dropped hard. verge and trx recovered but i sold at 400 satoshi respectively. My goal is to at least be at neither positive or negatively. It will be my paradise if that happens. I need someone with years of financial experience to point me in the right direction to avoid losing 300k home and not end up on the street. This is not a cry for attention. Please do not be disrespectful and inhumane because in my last thread not only did I not get an answer I got laughed at and told that I got what I deserved hoping I will end up on the street and it really hurt my feelings because like everyone of you, I just want a chance at financial freedom. I want to provide for my family and make a difference in this world. I am still relatively young and I told myself if I ever achieve my ultimate goal my next goal is to help others in need. Please Help! Do you suggest for me to take out another private loan on my house for 10 000$ or should I work with what I have left? Thank you for your consideration and I truly value your time, reddit.
There is probably many of these situations where people borrowed money to buy crypto or mining equipment and will panic sell and cause market to go even lower.
158.
Post 35615952 (copy this link) (by adaseb) (scraped on 2020-04-04_Sat_15.53h):
Well.... I have good news and bad news for you.
What do you want first? Ok let's do the good news.
The good news is $200 million tether just entered circulation.
Bad news is the MTGox coins are moving again.
