All posts made by bahamapascal in Bitcointalk.org's Wall Observer thread
1.
Post 9081783 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
Seems like we have hit a resisdens at 330-340. Still, have the feeling we are still going to see much lower prices.
Personaly I think it would be best if price crashes to 200-230, i doubt that price would fall much lower then that...and then, from there on the next uptrend could start.
It was same last year, price went down, down and down untill a crash to around 60$, then it turned into a uptrend.
Anyways, I am holding my btc, no matter what...to risky to sell now, even though I belive we are far from the rock bottom
2.
Post 9082340 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
Well, my thoghts on that, there is no new kapital flowing in. Just kapital leaving aktually.
If had not heard of btc and would now some how hear about it, definately it wont be something where I would invest in, seeing it has gone down for 8 month or so (aside from that, I would likley not even hear about bitcoin as "normel" media isn't talking about it).
I guess (from experiance of the last uptrend), as soon as we have reached the point where the price reaches a bottom with the current traders/capital and are slowly recovering, then we are much more likly to get mainstream media talking about bitcoins and new capital will be much more interested in investing in it.
The mainstream buys when something is has bean goin up (unfortunately normaly creating a buble) and sells wehn it has been goin down for a while.
From my experiance in trading I have learned, never buy when the price has already gone up quite a bit and dont sell when it has already gone down a lot, which is why I am holding. I might be wrong.
Could be that we have already reached the bottom, but I see a good cahnce that we will see much lower prices befor a uptrend accurs.
*Note: This is not meant to be a trading advice, this only implys my personal oppinion. My oppinion might be wrong.
3.
Post 9082426 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
Seems like we have hit a resisdens at 330-340. Still, have the feeling we are still going to see much lower prices.
Personaly I think it would be best if price crashes to 200-230, i doubt that price would fall much lower then that...and then, from there on the next uptrend could start.
It was same last year, price went down, down and down untill a crash to around 60$, then it turned into a uptrend.
Anyways, I am holding my btc, no matter what...to risky to sell now, even though I belive we are far from the rock bottom
This is a myth that many here keep using. "We need to go down to $xxx before we can go up again".
Just another delusion.
Sorry, I did not mean to imply that we have to go to 200-230, this just a the point that I think might be a reasonable point for a change in trend...the price we are seeing now might aswell be the low and the start of an uptrend, but I just have the feeling that we are not at the low.
Any ways, there is no price level that we have to reach to get a change in trend...but there WILL be a price level at which the trend will change, if that is now, at 200-230$ or at 0.1$ ....how knows, we can just speculate
4.
Post 9082439 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
Well, my thoghts on that, there is no new kapital flowing in. Just kapital leaving aktually.
If had not heard of btc and would now some how hear about it, definately it wont be something where I would invest in, seeing it has gone down for 8 month or so (aside from that, I would likley not even hear about bitcoin as "normel" media isn't talking about it).
I guess (from experiance of the last uptrend), as soon as we have reached the point where the price reaches a bottom with the current traders/capital and are slowly recovering, then we are much more likly to get mainstream media talking about bitcoins and new capital will be much more interested in investing in it.
The mainstream buys when something is has bean goin up (unfortunately normaly creating a buble) and sells wehn it has been goin down for a while.
From my experiance in trading I have learned, never buy when the price has already gone up quite a bit and dont sell when it has already gone down a lot, which is why I am holding. I might be wrong.
Could be that we have already reached the bottom, but I see a good cahnce that we will see much lower prices befor a uptrend accurs.
*Note: This is not meant to be a trading advice, this only implys my personal oppinion. My oppinion might be wrong.
Protip: the public are never buying at this stage of a cycle - ever. A lot of coins have been sold in this decline, ergo a lot of coins have been bought, too. The big players will give the price a decent push upwards when the time is right and start another bull run. Bitcoins are getting easier and easier to obtain. Until then, it's accumulation time.
Agree
5.
Post 9082842 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
I say we are going < 300$ in the next 6 hours...lets see
6.
Post 9084305 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
Could be that we have actually passed the low, buy order book is filling up slowly...interesting times to, entertaning to whatch
Seems like the market is in UD if it will go up or down...
7.
Post 9084379 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
Could be that we have actually passed the low, buy order book is filling up slowly...interesting times to, entertaning to whatch
Seems like the market is in UD if it will go up or down...
Looks like we're going back down from the recent spike. Odds are it was mostly a couple whales slowly buying more coins, thinking that we're at the bottom. I'm glad I didn't close any of my shorts - I was very, very close to beginning to close some of them. It looked kind of strong because it was so gradual. I think we're going to be going down for a bit longer now. Probably going to see high $200s.
Well maybe your right...
If it gos down to 200isch, I will probably buy more, would be a tempting price. In the mean while I will just whatch and enjoy the show.
Only thing I dislike is if the price is going down slow, that is always a bad sign.
8.
Post 9085187 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.19h):
Is it weird that I'm getting really nervous?
no.
Ah ok, good. I've been feeling pretty weird to be honest--
not knowing whether to buy or divest completely...
Haha, that is exactly how I feel!!!
I tend to belive that price will still decline, but to afraid to sell while at the same timee being to afraight to buy more
9.
Post 9096205 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.20h):
Doesn't look like 300 will hold on stamp
So before I go to sleep.
What does everyone think is the motivation for this guy sticking 27000 bitcoins in a big ask wall?
Is he trying to stifle any move upwards (otc sale perhaps?) or encourage panic selling into bid walls that belong to him further down so he can accumulate coins?
Or is this a bearish guy who simply wants to sell his coins. 27k seems ludicrously excessive and a terrible way of going about selling.
Theories?
My theorie, its some one that whants the price to go down. They are not intending to sell, otherwhise they would not have closed the sell wall and put it up higher.
And with 30k I think that they can well bring it to 100 -130 if done right.
The question is, who and why
Wild speculation would be, that the winklov brothers need more Bitcoin for there ETF. So they are trying to bring the Price down. ^^
10.
Post 9097775 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.20h):
Just not sure if there even is enough Money on Stamp to aktually eat the whol wall....
11.
Post 9097814 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.20h):
23k wall!! Has anyone ever seen a steeper wall
yes when it was 26.5 k earlier today
Yes, when it was 30k even earlier
12.
Post 9097955 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.20h):
We know from a few hours ago that this guy has at least hidden 8000-10000BTC(probably way more) bids on Stamp that do not appear on the orderbook right now.
Those funds are going to "help" make his wall dissappear after that we are ready to shoot up. Call me batshit crazy but that is going to happen.
Itīs called upwards manipulation(after accumulation is finished), and it has happened many times before in BTC history. What do you think how many are going to jump in buying overwhelm crazy after that wall has been "eaten". Heīs going to give away 10% to the market , rest will be bought by himself, watch these 1-3000 BTC at the end when itīs going down to get near or lower than 10000BTC.
True story.
Good pont!
I hope your right. If not, at least a nice speculation.
13.
Post 9098102 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.20h):
I can't believe more people aren't worried about the exchanges...I mean if Bitcoin totally tanks I am thinking most of the exchanges out there will be taking the money and running.
Exchanges can give a Fu** what the price of Bitcoin is, all they care about is volume. Right now the exchanges are making a fortun
14.
Post 9098139 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.20h):
Anyone know what time, CET, that fiat gets credited to stamp accounts on Mondays?
Bump. Any time zone will do.
If had to take a guess I would say London time, not sure at all though.
15.
Post 9116300 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.21h):
I have this funny feeling that it's really happening this time... Even getting the fucking chills
Still kinda afraid to take a loan (thinking somewhere between $15-23k)
Never ever in your wildest dreams take a loan to invest in a high risk asset...
Never, ever...
Totscha is right, please never do that. The most importend rule when investing in Crypto (or other speculativ investents),
NEVER invest more then you can afford to lose!By taking a loan you would brake that rule
If you really wan to take a loan, then I would do it as by going long on Bitfinex ...atleast there you can only lose your initial funds and the loan is secured by margin calls...
16.
Post 9145027 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.22h):
17.
Post 9145274 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.22h):
How hard is it to through with verification on bitfinex?? It says I must provide a "bank statement" with my name and account and also my first deposit must come from this account? ("Bank Statement: clearly highlighting your name as the account holder (your first deposit to Bitfinex must come from this account).")
I don't even know what a bank statement is
And for proof of address, does anything work that contains my name and address?? Like a phone bill?
Are you sure you need a verified account?
You can store and exchange btc and USD on bitfinex without a verified account.
It says this: "Whether you wish to deposit or withdraw US dollars funds to/from your Bitfinex account, your account must be verified in order to comply with relevant anti-money laundering (AML) and counter terrorism financing (CTF) laws and regulations."
So I guess I have to verify right?
It depends on what you want to use your account for.
If you plan on sending USD to the exchange directly, then yes you need to verify.
However, you can easily buy your btc somewhere else (coinbase, circle), send the btc to your unverified bitfinex account, then sell it on the exchange for USD. You will then have USD at bitfinex, in your account. If you want to withdraw, you would exchange it back into btc on bitfinex, and then send it to your coinbase/circle wallet and sell there for USD.
Right, so you're sure that I can send bitcoin there in and out without verifying?? Can anybody else confirm this aswell?
Bumping this as I need an answer pretty soon
I can confirm this, honestly. Have been trading there for almost a year. No need for any kind of verification, just like on BTC-E , as long as you donīt want to send FIAT in/out.
I can also confirm that you can deposit, withdraw and trade btc without verification. Verification is required for Fiat ($) deposits and withdraws only.
Note ther always is the possibility that they change there policy without beforhand anouncing that (like Bitstamp did), though I (personaly) guess that is unlikly at this point of time.
18.
Post 9146392 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.22h):
I can also confirm that you can deposit, withdraw and trade btc without verification. Verification is required for Fiat ($) deposits and withdraws only.
Note ther always is the possibility that they change there policy without beforhand anouncing that (like Bitstamp did), though I (personaly) guess that is unlikly at this point of time.
That's how I got burned by Gox.
I had an unverified account, moved 50 coins there after I'd missed the opportunity to make a quick profit on the easily anticipated panic following the sale of Satoshi Dice, and then decided to move them back to paper in August after realizing that Bitcoin was ready to skyrocket and worrying about Gox's fiat withdrawal problems spreading to bitcoins.
Imagine my dismay when they wouldn't let me withdraw my coins without verification since I didn't have any identification. By the time I got ID to send them, they claimed I'd already withdrawn my coins in September. Of course I submitted a ticket but communication was sporadic and consisted mainly of stalling and BS and even that ended by December. By January Gox was dead and all I have left of my
BTC50 is a tiny piece of a class action suit.
Paper is the only safe place to keep your coins. Exchanges are very risky.
Never accountered problems to withdraw BTC an mtgx, even though I was not veriefied. As a matter of a fact I even made a support ticket asking if they had limits for withdrawing Bitcoins from an unverified accoun, and there answer was "no".
Maybe a bug coused your withdraw problems...
Well any ways, I to was trapt at Gox. Just wehn I decided to withdraw my btc the problem startet...I was one of the vere very first who accountered the "strange" withdraw problem.
Well I lost 75 BTC...made them with investing in alt coins and daytrading, lost them on gox.
19.
Post 9235861 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.24h):
When I have 100 $ on bitfinex and want to borrow money to go long, what is the maximum amount I can borrow with my 100$?
Is it 300$, as the max levarege is 1:3 ?
Thanks!
20.
Post 9240871 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.24h):
When I have 100 $ on bitfinex and want to borrow money to go long, what is the maximum amount I can borrow with my 100$?
Is it 300$, as the max levarege is 1:3 ?
Thanks!
Yes.
Thanks for the info!
21.
Post 9289733 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.25h):
Bitfinex question, if one goes long
a) Can the price be set at which the margin is to close?
b) Can the bitcoins, that have been bought via margin trade, be put up as a ask order (eg. making a sell wall above market price) ?
Thanks!
22.
Post 9289780 (copy this link) (by bahamapascal) (scraped on 2020-04-04_Sat_13.25h):
Bitfinex question, if one goes long
a) Can the price be set at which the margin is to close?
b) Can the bitcoins, that have been bought via margin trade, be put up as a ask order (eg. making a sell wall above market price) ?
Thanks!
a) yes
b) yes
Thanks!