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    [Daily Discussion] Wednesday, February 21, 2018 Bitcoin Markets

    [Daily Discussion] Wednesday, February 21, 2018 Bitcoin Markets


    [Daily Discussion] Wednesday, February 21, 2018

    Posted: 20 Feb 2018 08:05 PM PST

    Thread topics include, but are not limited to:

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    submitted by /u/AutoModerator
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    Where can I get a full view of buy and sell walls

    Posted: 21 Feb 2018 07:21 AM PST

    Hey guys, trying daytrading a bit with moderate success. I'm very lucky I'm bearish else the dip yesterday and today would have screwed me. Watching gdax, and checking bithumb and bitfinex is making me realize how little of the picture I'm getting. Gdax is clearly trading based off of other exchanges right now, buy and sell walls are no indication. Any thoughts on how to get a better picture?

    submitted by /u/BluApex
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    Bitcoin NEEDS a Pullback

    Posted: 21 Feb 2018 06:44 AM PST

    Ever since Bitcoin bottomed at $6,000 it has been climbing continuously — reaching $11,700 before coming down to $10,600 where it is currently trading. Although that's a ten percent correction I believe we need to see BTC test the $9,000 level before it can have a sustained move higher.

    I see Bitcoin's move below $11,000 as a good sign for investors. If it had not come down from that level we could have started to see panic buying similar to that of Thanksgiving. Sure, this would have generated some nice short term gains but it would've been at the cost of long term growth.

    Let me know below what your opinions are regarding where you think the crypto currency is headed!

    submitted by /u/BuffaloMob
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    Bitfinex Adopts SegWit. Lower BTC Fees Guys!

    Posted: 20 Feb 2018 12:20 PM PST

    Buy and Hold 100 Cryptocurrencies for 5 Years - Week 10 – $1170 USD / 117% Gained

    Posted: 21 Feb 2018 01:44 AM PST

    It's the 10th week since the experiment started, and it looks like we're going to have fun 🙂

    Bitcoin (BTC) recovered amazingly this week, went from $8,011.65 USD to $11,288.21. The dominance at 39.2%, almost 5% increase since last week.

    The overall unrealized gain of the experiment is $1170 USD, 53.74% more compared to last week.

    96 Cryptocurrencies gained since last week, showing how bullish the market is at the moment.

    With an overall gain of 117 %, the 100 cryptocurrencies together (CryptoETF100) performed better than 75 cryptos from the ones I have.

    Let's talk about our Top3 cryptocurrencies.

    Verge (XVG) With a gain of 34.42 USD (55.85%) is the best gainer since last week, the value of the stash we hold went from $61.63 to $96.05. XVG is also on the 3dr spot as best gainer since the beginning of the experiment.

    Vechain (VEN) whos performing incredibly well gained $29.03 (42.16%), following the steps of XVG it's also on the top spots, 2nd one as the overall gainer.

    Revain (R) with a gain of $27.23 is the 3rd best performer. The implementation on Kucoin has definitely brought more interest from the investors.

    Top 5 cryptocurrencies so far :

    Tron (TRX) + 1140.07 %, from $10.04 to $124.46 VeChain (VEN) + 876.83 %, from 10.11 to $98.8 Verge (XVG) + 898.47 % , from $9.62 to $96.05 Revain (R) + 748.80 %, from $9.61 to $81.06 Ox Protocol (ZRX) +383.05 %, from $9.99 to $48.24

    Worst 5 cryptocurrencies so far :

    Pura (PURA) -46.86 % , from $9.62 to $5.11 Mona (MONA) -53.97 % , from $9.76 to $4.49 Next (NXT) -57.82 % , from $9.89 to $4.17 Einsteinium (EMC2) -79.73 % , from $9.51 to $1.97 Bitconnect (BCC) -98.99 %, from $9.93 to $0.01

    Link to the article : https://buyandhold100crypto.com/week-10-1170-usd-117-gained/

    submitted by /u/Anthony1985
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    Fibonacci retracement, could BTC be heading to $3k soon?

    Posted: 21 Feb 2018 10:05 AM PST

    I don't think there's enough volume to breakout anymore. We've tested resistance around 11.5k a few times.

    https://www.tradingview.com/x/HrtMty42

    Could be heading down to $3k.

    submitted by /u/ichivictus
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    Why is there a huge divergence between US and Japanese markets?

    Posted: 21 Feb 2018 09:53 AM PST

    Bitflyer is over $1500 higher and the volume indicates the American market share is shrinking.

    submitted by /u/N-ve
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    Should I Put All My Alts into BTC for Upcoming Bull Run?

    Posted: 20 Feb 2018 01:20 PM PST

    It is looking like there is going to be another large BTC bull run. With this happening a significant majority of the alts are going tolose value to pump BTC. Do you all think that it would be wise of me to put all of my alts into BTC for the coming run?

    submitted by /u/gymnastj
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    what's up with the Alts? They are dying worse than during the BTC crash

    Posted: 20 Feb 2018 11:35 AM PST

    should sell?

    submitted by /u/rook2pawn
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    Any good reading on why its sometimes hard to get your Bitmex short to profit out?

    Posted: 20 Feb 2018 07:37 PM PST

    I have seen this several times, put up a good short, it hits the levels, but won't get bought, then it shoots back up and you are out of the money again. I'm looking for some technical research on this, why they seem to have liquidity sometimes but not all the time.

    submitted by /u/TravelPhoenix
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    Celebrity Endorsed 2nd Gen Bitcoin Is A Scam

    Posted: 20 Feb 2018 03:19 PM PST

    I'm not sure how many people have fallen for celebrity endorsed ICOs, however they do not mean anything.

    It's a shame that some celebrities are using their influence to convince people to buy into ICOs with no real value at all.

    They have apparently raised 25 Million USD and have 34 days until launch.

    First red flag and probably the only for most people is the fact that they are called bitcoiin

    The breakdown is on /r/coinjudge

    https://coinjudge.reddit.com/comments/7z0c0l/bitcoiinb2g_is_a_scam/

    submitted by /u/GainsLean
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    Bittrex and Alt Coins

    Posted: 20 Feb 2018 08:33 PM PST

    I want to look into trading alt coins. How do you become a select invitee to create a new account bittrex? Is there one wallet I can hold multiple alt coins?

    submitted by /u/seacali88
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    Who pays high fees for small block trades?

    Posted: 20 Feb 2018 11:57 AM PST

    A handful of OTC desks have opened up recently that allow small block trades (around $10k minimum) and charge relatively high fees (2-5%).

    Who would pay those fees to execute such a small amount of coin rather than just going directly to an exchange?

    submitted by /u/hazard02
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    Stop Loss Question

    Posted: 20 Feb 2018 11:16 AM PST

    Are you setting stop loss to USDT? Do you trust it? I need to setup a line of defense to hold my gains, but I don't know how to go about setting it up, theoretically speaking...

    submitted by /u/YETIDRIVE
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    I wish the idea came to me a few months sooner.

    Posted: 20 Feb 2018 10:53 AM PST

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