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    Tuesday, December 26, 2017

    [Daily Discussion] Tuesday, December 26, 2017 Bitcoin Markets

    [Daily Discussion] Tuesday, December 26, 2017 Bitcoin Markets


    [Daily Discussion] Tuesday, December 26, 2017

    Posted: 25 Dec 2017 08:05 PM PST

    Thread topics include, but are not limited to:

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    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

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    • Do not make posts outside of the daily thread for the topics mentioned above.

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    submitted by /u/AutoModerator
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    Got liquidated 1.7 BTC guess I’m just dealing with the motions now.

    Posted: 25 Dec 2017 10:00 PM PST

    Sorry for venting but I guess I've learned my lesson.. My friend got me into bitcoin trading on Bitmex and I bet one of my bitcoin (I only had two) up to trade with. The markets were doing great and I spent a whole month losing sleep scalping whatever I could.

    The last few weeks with CME coming out has literally screwed me. Though my liquidation price is was low I lost a significant amount with the dip to 11K. All good I was still in the game with a fair amount.

    After that it was a shit show. I kept entering just as the direction changed. I used huge margins thinking I could get it back boy was I wrong.

    Kind of angry at myself because translated into numbers I lost 20K (maybe more) which is a huge amount for me. I guess luckily I purchase my coin for 2500 so I'm telling myself that's all I really lost.

    Gambling is terrible and I guess that's what I did. Hodling my last coin and guess I'm just following the news with the rest at this point.

    Whatever Bitmex was a sweet escape from my breakup! I lost sleep had tons of heart attacks and anxiety but it was fun while it lasted 😇😇😇

    submitted by /u/Thiccpeas
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    The Absolute Fucking Impossibility of Reporting Taxes On This Shit

    Posted: 25 Dec 2017 11:15 PM PST

    Shouldn't we have a sticky post about the risks of margin trading (account liquidations)?

    Posted: 26 Dec 2017 04:53 AM PST

    I mean a sticky megathread that includes the links to all the horror stories. Like the guy who lost 130 BTC (my God, 130 BTC!) because of a SINGLE bad trade.

    I think having it as a sticky would serve as a daily reminder to all traders who ever contemplate of doing high risk trades just to recoup their losses or during highly volatile times. I know that every time I am contemplating of making something stupid I remind myself of a guy who got liquidated for $150,000.

    submitted by /u/justlikingit
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    How do you guys determine your numbers for buys and sells?

    Posted: 26 Dec 2017 09:29 AM PST

    I always end my orders with 69 (e.g. $15,769), because it's statistically the best number for trading. Do you guys have any good/lucky numbers you put in your orders? Or do you just stick to percentage calculations?

    submitted by /u/Putin_Official
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    Bitcoin - Trend Reversal Soon? Watch For These Reversal Patterns - Technical Analysis 11/26

    Posted: 26 Dec 2017 05:28 AM PST

    Crypto noob, need help!

    Posted: 26 Dec 2017 06:59 AM PST

    Hi all, I am pretty new to crypto, and even after reading about it for over a month. I am still having trouble understanding it. I have BTC, ETH, and LTC, and they are all currently on the Coinbase exchange. I plan on hodling long term, so I understand keeping my crypto on an exchange like this is absolutely not ideal.

    Does anyone have any suggestions on what the safest possible measures are for me to safely store my crypto? And possibly with a step by step process? I am starting to invest a lot of money into it so I want to make sure I'm doing this the best possible way to hodl long term.

    Thank you all!

    submitted by /u/Vigz11
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    Buy and Hold 31 Cryptocurrencies for 365 Days - Week 19 - Couple Doubles

    Posted: 25 Dec 2017 12:21 PM PST

    I wanted to thank everyone for all their support, interest, and kind words over the last 19 weeks! It really means a lot. Merry Christmas everyone!

    This week's biggest gainer: NXT (+110%)

    This week's biggest loser: Bitcoin (-31%)

    Portfolio gain this week: +21%

    Week 19 Results

    See the rules for the experiment here.

    submitted by /u/Tetragrammatron
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    Do you think Ethereum will surpass Bitcoin in 5-10 years through its apps?

    Posted: 25 Dec 2017 04:54 PM PST

    Or will Bitcoin still keep its reign with lightning network and the other upcoming protocols, plus Microsoft's decentralized exchange project involving Bitcoin?

    submitted by /u/tnap4
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    The Psychology of Trading and Buy/Sell Signals

    Posted: 26 Dec 2017 08:49 AM PST

    Tax time and Bittrex doesn't have my records...

    Posted: 26 Dec 2017 08:42 AM PST

    So I realize I should have kept my own records, but I didn't realize bittrex deletes record after 60-90 days. I had a lot of it on my old phone but it broke completely. I'm not a big trader but I've bought and sold about 20 coins or so in September that I have no records of. Anyway to get around this? Any way to get my records from bittrex? Posted in the bittrex sub and got no response.

    submitted by /u/PM_ME_BrusselSprouts
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    Stock Market Investors Should Look For Before Investing in an ICO

    Posted: 26 Dec 2017 08:25 AM PST

    Investing in the stock market has been a pastime of many for quite some time. It is seen as a way to get positive returns which can prove very beneficial on the road to retirement. Many have chosen to invest in stocks as a way of getting rich, whether that be through day trading and studying the market or by buying and holding for huge dividends later on when the stock price rises tremendously in value.

    submitted by /u/Julio_A_Leon
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    Bitsnapp - Cryptocurrency portfolio app for Android | Multi-exchange APIs and address tracking (your feedback is needed!)

    Posted: 26 Dec 2017 08:13 AM PST

    It is currently an open beta, I am looking for testers and an honest feedback to improve it.

    You can add exchanges keys (READ ONLY), wallet addresses, manually add holdings (or watch-only entries), read news, view your portfolio (using different charts) and your profit/loss, check candlestick charts (from 1y to 30min) and much more coming soon...

     

    Anyway, if you are interested in trying this app here's the play store link: https://play.google.com/store/apps/details?id=bitsnapp.com.bitsnapp

     

    Remember that it's a beta version, please report any bug you find so i can fix it, also, let me know if you like it or if you have suggestions, I am looking forward to receive your feedback!

    App subreddit: /r/Bitsnapp

    Discord: https://discord.gg/M7nZDKh

    submitted by /u/lriccardo
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    How do you keep enough miners when transaction fees eventually become lower for good?

    Posted: 26 Dec 2017 07:46 AM PST

    I know this has happened in the past with certain mining farms with their members moving elsewhere, but my question really stems from my lack of insight on where to start searching for the answers. How do you maintain interest amongst miners when the return is low or maybe even negative after all the utility costs?

    submitted by /u/tnap4
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    Doge to BTC how to?

    Posted: 25 Dec 2017 09:43 PM PST

    What is a good site to exchange my dogecoin for btc?

    submitted by /u/Ailig
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    Trading : is there a stable currency ?

    Posted: 25 Dec 2017 03:17 PM PST

    Hello,

    Sorry it's probably obvious to soem of you. But I can't find a "secure" way to have like a base.

    Let's say I invest in XRP. I'll buy some XRP with my BTC at T = 0. T = 1, XRP is geting high and I want sell back to BTC. T= 2, I want to buy STRAT with BTC, but BTC has fallen badly. I may have less money in T2 than in T1.

    How do you deal with that ? Basically all moneys needs BTC.

    submitted by /u/JTreyfor
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    Podcast: Flippening - Episode 5, Clay Collins interviews Citizen Hex

    Posted: 25 Dec 2017 11:18 PM PST

    Feedback humbly appreciated - BitcoinBuyTheFuckingDip.com / BTCbtfd.com

    Posted: 25 Dec 2017 07:31 PM PST

    Sharing another resource, hopefully more good calls like with XVG dump/pump and RDD pump before McAfee called it 2-3 days later.

    See if you guys are a fan.

    Feedback very humbly appreciated. (no proclaimed expert, just sharing and spreading the knowledge I have)

    submitted by /u/remi9martin
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    Saving on Fees?

    Posted: 25 Dec 2017 06:28 PM PST

    Anyone have a good way to save on fees? Coinbase is killing me

    submitted by /u/Sean_Penn_
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    How is coinmarketcap.com able to get Gemini's trade volume? How can I get the number of orders done per day?

    Posted: 25 Dec 2017 10:18 AM PST

    Ex. https://coinmarketcap.com/exchanges/gemini/

    I also want to know how I can find stats on the number of orders they process per day -- not auctions which they already publish.

    submitted by /u/somebodyetc
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    Crypto price tracking app for Mac that actually displays the price correctly, in real time?

    Posted: 25 Dec 2017 10:23 AM PST

    I need an app that displays real time prices of selected cryptos in the menu bar. I've probably tried 10 apps that supposedly do this, but they either don't allow to pick an exchange or don't allow multiple cryptos, or don't display the price correctly or display it with some serious delay. Generally it's a mix of several issues.

    So far I am using Coin Tick as it seems to be the only usable app for multiple coins, but 1) it's tied to Yahoo API (seriously??) 2) the price randomly jumps up & down so it's relative (within a few hundred dollars margin error for BTC). Sometimes it works correctly, sometimes it doesn't.

    Anyone knows of a better app? Preferably the one that allows setting a specific exchange for a specific coin.

    submitted by /u/justlikingit
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