All posts made by BrewCrewFan in Bitcointalk.org's Wall Observer thread
1.
Post 7915955 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_12.59h):
What I dont get is how good news after good news comes out, BTC hardly moves up... yet the first sniff at something negative, the markets tank, though short lived most times, but the reaction is so much more quicker.
2.
Post 7916583 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_12.59h):
What I dont get is how good news after good news comes out, BTC hardly moves up... yet the first sniff at something negative, the markets tank, though short lived most times, but the reaction is so much more quicker.
That would be a great change for once IMO.
3.
Post 8797791 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.12h):
inching closer and closer to that massive wall
I think these super walls are bullish aren't they? Is it a last ditch effort to try to get cheap coins?
If only someone would just buy them all at once. That would be so much fun to see!
I can see poor person who has them up going " WHUT DA FUQ JUST HAPPENED!!??!"
The look would be priceless
4.
Post 9096829 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.20h):
Well dude pulled his willy again at 320.... now the markets are way alive right now. fiatleak is annoying when playing D3 and the dings go off a plenty.
5.
Post 9097930 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.20h):
Shall we guess how long until he pulls the wall? Over or under 1 hour?
He is doing a shitty job of accumulating this time.
Asia has balls of steel unlike us in the US this morning lol.
6.
Post 9145835 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.22h):
We are on the same page buddy
She looks like that chic from the sparkle vampire movies.... er.... Twilight or whatever that is.
7.
Post 9147464 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.22h):
Anyone with half a brain and is aware of anything outside of the blinders that most people tend to wear know that the correction is comming and it will be plenty painful for many. Most retirements will go up in flames, and it will kill those near retirement or in it right now. Of course, I have a hard time feeling bad for they are the ones who pushed for the garbage that has or will get us into this mess.
8.
Post 9178937 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.23h):
LOL I looking smart buying 2 BTC at 280 a week or so ago.
Of course keeping an close eye on it just in case i need to exit, but then I will just by lower again.
9.
Post 9179213 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.23h):
LOL I looking smart buying 2 BTC at 280 a week or so ago.
Of course keeping an close eye on it just in case i need to exit, but then I will just by lower again.
Yeah.. you are so amazing.
Dude, get over yourself. Im no where claiming to be a say all in market movement. Im just proud I actually got it to work out for me for once.
10.
Post 9189661 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.23h):
What sort of uptrend do you guys think would cause shroomsy to stop complaining about goddamn traders and dumpers? You think anything less than a perfectly linear rise would do it (straight line)?
None. Even if the price goes only upwards for months. the second it starts going down he will complain.
Wait what? You guys dont have him on ignore yet? Or is that for comical relief reasons?
11.
Post 9191613 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.23h):
will probably not even get to 390...
you spoke too soon
i didn't expect someone to leverage short 750 coins right now...lol
but it's fine...we'll be up anyway
Does leveraged short mean the exchanges are lending them money??
In a way. It means that the exchange gives them bitcoins e.g. give the exchange 1 bitcoin and they give you 10 (or 20 or 50, depending how much leverage you have).
They then dump these coins straight onto the market and try to rebuy cheaper. When they re-buy they can sell back to the exchange and pocket the difference.
There was a lot of money being made doing this all the way down from $600.
Now the price is going back up and the shorts forgot to buy back in. They are now being forced to buy back in but some brave souls are trying to dump more to stop the rise. Shit's getting real. Let's hope the exchange didn't get greedy either and lend more than they can get back!
This is the true meaning of sharks
I just learned what a short was last night, and to be honest, thats one hell of a risk if you ask me.
12.
Post 9191941 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.23h):
will probably not even get to 390...
you spoke too soon
i didn't expect someone to leverage short 750 coins right now...lol
but it's fine...we'll be up anyway
Does leveraged short mean the exchanges are lending them money??
In a way. It means that the exchange gives them bitcoins e.g. give the exchange 1 bitcoin and they give you 10 (or 20 or 50, depending how much leverage you have).
They then dump these coins straight onto the market and try to rebuy cheaper. When they re-buy they can sell back to the exchange and pocket the difference.
There was a lot of money being made doing this all the way down from $600.
Now the price is going back up and the shorts forgot to buy back in. They are now being forced to buy back in but some brave souls are trying to dump more to stop the rise. Shit's getting real. Let's hope the exchange didn't get greedy either and lend more than they can get back!
This is the true meaning of sharks
I just learned what a short was last night, and to be honest, thats one hell of a risk if you ask me.
now look up NAKED shorting ...
~ zero risk!!
OoooOOO.... now "if" BTC becomes ligit ( more or less regulated ) I could see the end to that real fast. You think that is going on? I am sure it is...
13.
Post 9203710 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
Yeah that is why I feel those little fucks will do everything they can to bring BTC or something simular, what they cant control, down. These slims are politically connected and also have big money... stuff like BTC is not in their best interests.
14.
Post 9203727 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
i have to lol every fckn time
eh never mind
15.
Post 9209361 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
Someone has insider information on BIT and COIN regulatory approval.
Slow steady price rise means they are in stealth accumulation mode.
There is no stealth accumulation. It's just traders pumping and dumping. Get real.
they still pumping, thats the most important thing
And dumping. That's the other important thing.
How's the rally treatin' you, all good?
Pretty good, I bought in at 280... all that time guys like you were running around screaming about the end of bitcoin. Each day brings us closer to adaption for every day life. Might as well get on the train.
16.
Post 9210744 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
too funny, totally predictable....
They are staring down the barrel like I said a few weeks back, and they do not like what they see...
I actually see more QE as a good thing. Where do you think all those whale investor dollars came from and into bitcoin in 2013?
yeah, I know, but the problem is not if it is a good thing or a bad thing (really it is a plain just bad thing) but it is that the alternative, is much worse, hence the staring down the barrel.
Right, so when it snaps back, and it will, for economics is one big old circle, who do you think is going to suffer? Ill give you a clue, it wont be no one in politics nor anyone with political ties. If the time comes dont worry, the feds got a nice fema trailer you can live in....
17.
Post 9213363 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
The uptrend will resume shortly. It's going to take a few more failed attempts shorting BTC before the bears give up. They are out in force again today cooing over a 2% decline when the price has just risen 35%. Lol.
Don't you ever get tired of posting "we're about to go up" 8 times a day? Day after day after day.
Dont you get tired crying the "sky is falling...get out now!" 8 times a day? Day after day after day
18.
Post 9213731 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
Just so everyone knows, Barry Silbert (Second Market Bitcoin Trust) basically admitted that some of the price decline was because of "tax selling" in today's tweet. (the tax extension deadline in the US is today, October 15th)
I know this will surprise nobody, but I'm feeling really good about bitcoin right about now. Plus, tax selling is finally behind us.
https://twitter.com/barrysilbert/status/522440627502723075He even gave everyone a heads up about it in an earlier tweet on Oct 6th.
Surprised how few are connecting the recent selling pressure to the Oct 15 tax extension deadline. Taxes due from '09-'13 mining/usage/sales
https://twitter.com/barrysilbert/status/519120987334651905The fuck? So you have to get taxed when you mine it but not when you sell WTF? That makes no sense.
19.
Post 9216266 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
Crossposting my own post:
Domain Name: MINTPAL.COM
Registry Domain ID: 1841800953_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.enom.com
Registrar URL:
www.enom.comUpdated Date: 2014-01-07 10:52:15Z
Creation Date: 2014-01-07 18:52:00Z
Registrar Registration Expiration Date: 2015-01-07 18:52:00Z
Registrar: ENOM, INC.
Registrar IANA ID: 48
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone: +1.4252982646
Reseller: NAMECHEAP.COM
Domain Status: clientTransferProhibited
Registry Registrant ID:
Registrant Name: ALEX GREEN
Registrant Organization: MOOPAY LTD
Registrant Street: 1ST FLOOR
Registrant Street: 2 WOODBERRY GROVE
Registrant City: LONDON
Registrant State/Province: LONDON
Registrant Postal Code: N12 0DR
Registrant Country: GB
Registrant Phone: +44.2081443767
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email:
Registry Admin ID:
Admin Name: ALEX GREEN
Admin Organization: MOOPAY LTD
Admin Street: 1ST FLOOR
Admin Street: 2 WOODBERRY GROVE
Admin City: LONDON
Admin State/Province: LONDON
Admin Postal Code: N12 0DR
Admin Country: GB
Admin Phone: +44.2081443767
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email:
Registry Tech ID:
Tech Name: ALEX GREEN
Tech Organization: MOOPAY LTD
Tech Street: 1ST FLOOR
Tech Street: 2 WOODBERRY GROVE
Tech City: LONDON
Tech State/Province: LONDON
Tech Postal Code: N12 0DR
Tech Country: GB
Tech Phone: +44.2081443767
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email:
Name Server: NS0.DNSMADEEASY.COM
Name Server: NS1.DNSMADEEASY.COM
Name Server: NS2.DNSMADEEASY.COM
Name Server: NS3.DNSMADEEASY.COM
Name Server: NS4.DNSMADEEASY.COM
DNSSEC: unSigned
URL of the ICANN WHOIS Data Problem Reporting System:
http://wdprs.internic.net/ Management of MintPal is being handed off to another entity, Moopay LTD does not own the exchange.
Something doesn't add up here.
Also:
https://bitcointalk.org/index.php?topic=421615.msg9182186#msg9182186PS: I am just speculating here, not accusing.
"sigh" Fucken tools dont realize that if what is said is true in what is said there, that there are reasons why we need regulation in the crypto scene.
20.
Post 9216567 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
4 green daily candles, followed by 1 red, repeat until moon
I think we will see some more green, but no moon. Range of $100-$800 for 2015.
You think it will go under 200? Wow that is really optimistic if you ask me. If it got anywhere near that I am sure plenty would sell their first born to get in on that.
21.
Post 9226019 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
I wish they would just dump all of those coins. I mean they obviously don't want them anymore and they obviously don't care how much they get for them either. So why not just give us some more "cheap" coins?
Go ahead, do it!
I know right? Just get it over with already.
22.
Post 9228503 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
Price is a function of supply and demand, and coins are one part of that.
But yes, presumably the criminals have fiat as well of course. That's why they would be fleeing to Bitcoin, because that is the only potentially anonymous way.
Right, and silk road wont have them second guessing using btc... nope not at all.
23.
Post 9228854 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
Always keep in mind, WhatsApp, a mobile chat program, was bought by Facebook for the sum of 22 billion dollars.
Bitcoin market cap is currently 5 billion dollars.
Which one would you rather HODL?
Well that is a simple answer for me, BTC, then again i totally hate spybook so... mhhh
24.
Post 9228939 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
I got an email from Bitstamp earlier during the evening to get my account verified or they will seize it. I logged on Bitstamp after 7 months and I had $2 in it. I, hereby, allow Bitstamp to hand it over to whoever the fuck they will hand over to.
Don't give the thieving government a single cent, they'll only waste it on even more stupid regulations. Convert your $2 to BTC and withdraw IMO. And tell us whether that actually works.
That is, if Bitstamp allows doing a $2 transaction. Not sure on that.
seriously!
market buy with that 2$ NOW and withdraw like a pro.
There is a $5 minimum limit on orders at stamp.
Just deposit $3-$4 of bitcoin sell than do a $6 buy to get you $2 out. hehehe
EDIT Adam beat me to it.
Okay, now a question.
Now when I buy BTC, I usually do that via coinbase, but I was wondering, if I would transfer like 2 BTC to stamp, could I technically traded it and convert to dollars, and then have the dollars sitting in the base account to rebuy the BTC if I choose? As in no need to verify myself, and not link a bank account to trade so to say.
25.
Post 9229160 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.24h):
someone said it use to be you had to be verified to withdraw even bitcoin, but not anymore ( i guess they wanted to cover their ass while the laws we're clear )
in any case its probably a lot easier to send in some fake ID to get verified at stamps and withdraw bitcoin then it is to fake a bank account and withdraw fiat.
I would think that would NOT be that difficult to accomplish, and just to abandon Bitstamp and move over to BTC-e or some other exchange that seems to NOT have those same levels of KYC requirements
BTC-e does not have the same requirements? And can I do what I said I would like to do there at btc-e? I dont want to link a bank account, I just would like to be able to trade BTC to fiat and then back to BTC.... I rather just have one point ( site ) that I have an account linked too... just dont like having that kind of info all over the place.
26.
Post 9247092 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.25h):
Nice buy wall there holy cow biggest I have seen in a while.
27.
Post 9247197 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.25h):
Nice buy wall there holy cow biggest I have seen in a while.
It seems to have accomplished its purpose over the 9-10 hours it's been there. The price has risen from 2300 to around 2400.
Yeah I was sleeping and then gone to work just got home. Nice to see. Lets hope its not a fake one ... even if it is, letting such build up above it so we can get a higher base finally.
28.
Post 9308293 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.26h):
You call this a drop ? nah.... I think what is coming is more fun, just wait for it.
- 6-8% in a day?
i call it a crash, not a drop.
Anything < 70% down = "healthy price correction, bullish!"
Anything above = "Yeah, well, I meant to do that."
How long are you going to use the ATH for this? Why not go back when it was pennies and now we can see some real gains!
Gosh lamb, I say this out of kindness, get a life. If you hate BTC so much then find another hobby, for being a troll is not something to be proud of.
29.
Post 9308743 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.26h):
I bet at least one of our beloved exchanges is running on fractional reserve and flood the market with virtual coins. Not even the dumbest noob traders can be that dumb, seriously wtf.
the one with 20 mil in USD swaps?
14,000 more bitcoin were market sold than market bought so far today on Bitfinex
alone. Where do all this coins come from?
maybe you should ask that houbi guy who was flashing with 10k buy wall.
So let me get this right, you can more or less buy "pretend" bitcoins and short or long them, and they dont even need to exist?
If that is the case, then I am far from happy with this practice, for one, that is what Gox was doing, and second, this is nothing more than what banks are already doing.
30.
Post 9318860 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.26h):
"Fraud is a very simple crime to understand -- I tell you a lie, you give me money(bitcoins), that's fraud. And it is never any more complicated than that."
-- THERE'S A SUCKER BORN EVERY MINUTE^nice one
Bro mad he did not get some when it was a penny for a hundred back then.
I dont expect people like that to understand BTC.
31.
Post 9332239 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.26h):
Fear not, friends. I just gave up waiting and spent some bitcoin at Newegg.
We will go to the moon now.
Dude I was game for some buying at newegg but they done fucked up the sorting options with video cards and all that... you cant sort between nvidia or ati... its all lumped together, let alone narrow it down to even model.
Amazon needs to start taking BTC like quick already.
32.
Post 10031105 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.43h):
I've often said that I want the price as low as possible for as long as possible, but I'm starting to feel like this is low enough.
The sentiment that I get from potential adopters is that they are frustrated that they didn't get in early, and thus they have a negative feeling towards bitcoin and they just want to see it fail.
I'm hoping that this 285-275 level will hold steady for a couple weeks and then a gradual creep up. Back to 350 by Feb, maybe 400 by April?
I guess it doesn't really matter where the floor is, as long as we determine some kind of floor, some bottom price to give new participants some kind of relative confidence that there is at least some kind of support and if they decide this is not for them, at least they should have the feeling that if they balk and want to get out, that there is enough liquidity available for then to cut their loose without getting completely raped.
Current range is good enough for me, and I hope, good enough for any potential new clients.
IMO It's a nice entry point and at least at this level I would feel confident in recommending bitcoin to people after first explaining that there is still the downside risk, but the upside might be so much higher...
Only time will tell, best of luck wall observers, and good night.
I think you hit it on the head when you said most that want to see it fail or just hate BTC and want it to crash down are those that are pissed off they did not buy in at pennies on the dollar.
33.
Post 10064521 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.44h):
Could be jumping the gun here, but is Coinbase down?
EDIT: It now reads this: Coinbase is currently offline
No cached version is available.
The most likely causes:
The server is down for maintenance
There may be a network problem
The site may be experiencing excessive load
Retry for a live version of the site
We'll post updates on Twitter if the problem persists
Down here too
Ditto
34.
Post 10113929 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.46h):
Stupidest shit I've ever heard. Allegedly for "Vote brigading", one of Reddit's 5 so called rules.
Redditors in r/Bitcoin thread makes the fools in the Wall Observer thread seem intelligent.
True; even LambTroll outperforms them
LOL wow. Talk about a punishment that does not fit the crime. Yet they let trolls run around free, kinda like here.
35.
Post 10132434 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.46h):
Did you say capitulation?
Someone is buying every coin sold!
Not enough people obviously...or the price would be going up.
Yes, thats why the sellers have to lower the price to find more buyers. This is why price gets lower.
Why buy high? Heck, if you see it going down... why not place your bids lower to catch a bigger discount?
BTW, there has to be buyers still, or else the price would be ZERO right now. Do you people realize how stupid you sound when you talk garbage like this? This goes for both sides.
36.
Post 10143347 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.47h):
So they banned all internet right?
If not then BTC lives on.
God get over it. How many fucken times has bitcoin been banned now in how ever many countries?
37.
Post 10143487 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.47h):
god here we go again
38.
Post 10158486 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.49h):
CCMF!
Um, can we at least wait till we get back to the 200's? I would even say we should wait until the 300's for any CCMF posts.
Gut tells me right now its a trap and will go down sharply again...not saying new lows but saying it will give back some.
39.
Post 10162467 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.49h):
I bought LTC with the dust left in my finex account yesterday. Do i leave it as a speculative lottery ticket or convert it to btc?
Nah, that is not a bad choice IMO. I am not a huge fan of LTC... mostly the community was a bunch of dicks when I was asking questions on how to mine when I was a newb... a$$holes....
40.
Post 10169876 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.50h):
Is this the end of BTC ??
Yes, like the thousand other times this very thing has been uttered over the last 5 years. Sell your coins and delete your account here... its over.
41.
Post 10173847 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.50h):
We always seem to bleed on the weekends for whatever reason. News on a friday means to me over history it wont matter much, and in fact seems to drive the prices down.
Funny, because its nothing like stocks... good news equals huge gains for a stock.... with BTC, it means the price goes down.
Anyways, good to see it hold over 200 now.
42.
Post 10181223 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.50h):
All deposits from people who want to buy the dip should have arrived by now. Buying pressure still seems ridiculously low compared to what we saw after the drop to $275 last year. I'm expecting another large drop this weekend. Will probably go short here. Maybe good news revealed during the Miami conference could save us though.
Obviously it's weaker the lower the price goes; Lower price means less money present and also interest. The bounces have been getting weaker and weaker ever since MtGox vanished. The only real explanation for the price dropping for more than a year is that fact (gox gone). Shorters will win all the way down to double digits. The world has had 6 years to be interested in a revolutionary technology and they are not interested. The little buys we are seeing now are people scared to death to miss out on profit, but there will be none. That's it.
When the world had 6 years internet already invented, nobody gave a shit about internet...in some places there are people learning what internet is even now in 2015...So..wtf are you talking about?
Why are you comparing btc to the internet? it's supposed to be a currency, are you saying that the internet is a currency?
The point that is trying to be made is that stuff that is "revolutionary" so to say does not take off in a year or 10. It needs time to mature by the geeks ( us ) to get it right before it starts to take off for the normal people.
You know this reminds me a lot of the internet, or even computers. I was budding when the whole tech thing started to take off. Heck, I recall a buddy of mine stole the floppy disk that had our grades on them and edited them to give all of us A's...Point being that it takes a great amount of time for things like this to catch on.
43.
Post 10190794 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.50h):
Nothing to add...
I can buy 30% less smack now than I could last week. Bloody ridiculous
Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...
44.
Post 10192128 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.50h):
[img]http://i.imgur.com/vylIMLA.png[img]
[img]http://i.imgur.com/p1X3c8A.png[img]
Nothing to add...
I can buy 30% less smack now than I could last week. Bloody ridiculous
Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...
Problem: theres no point in that. Bitcoin is less secure and harder to use..
I'm a long time lurker of this thread, but I feel like this overlooks the idea that hiding your identity isn't just for buying drugs.
Almost yearly it seems you hear of some corporation being hacked, and thousands of peoples identity and credit card information is then compromised. Why should these corporations have such access to all my personal info before I can buy something online?
Really all they should need is money, and an address to send something to.
I would agree that bitcoin is currently less secure and harder to use
for the average person which is currently a dilemma, likely to be improved. But if one understands how to manage their own wealth (ideally PC security), and take the time to learn how Bitcoin operates, they will see there is so much more to bitcoin then simply buying drugs anonymously, but I'm sure I'm preaching to the choir
Yep, all one needs to do is hack some cc or bank.... over Home Depot and have not only your CC info or bank account info, but your name and addy, all that stuff.
Sure, you can repair whatever damage is done to your name... but that takes tons of time and effort chasing stuff down and pleading your case.
45.
Post 10193158 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.50h):
Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...
Actually you bought at Newegg with dollars. It may well be that drugs and other illegal stuff are still the largest class of purchases that are really paid with biotcoin (excluding online gambling and conversion to other currencies).
No, no I did not. I got BTC when I mined some alts. NewEgg is not the only placed I have shopped with BTC. Sure, sometimes I had to get a gift card instead to buy at say .... Amazon but I would have used BTC there too if they accepted them.
On another note, come on, you cant prove one way or another that drugs and illegal stuff make up most of the BTC purchases. I know that is a meme that people like you and the media like to believe.
46.
Post 10211664 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Projected pessimistic targets back on track. Let's see if Bear momentum of last week will return or not. Bulls not easily frightened these days. Yen 1250 on Huobi is major Support zone. If we break that, it is the $136 target we are projecting. Good luck trading!
One of the best GIF ( whatever they are called ) I have seen in a long time... reply to repost it again!
This got a smile on my face.
47.
Post 10216344 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Stop crashing Bitcoin, or even the last real world usage for Bitcoin beside child porn and terrorism will be gone!
http://uk.businessinsider.com/bitcoin-crash-drug-dealers-2015-1“Out a couple of thousand over this,” writes one dealer. “Bad f---ing time to start up. I really hope it bounces back and stays there. I can’t believe how fast they’re dropping. $330 to 280 to 220 in just a few weeks. Bye bye profit.”
“I am losing losing 10-20% on all orders in escrow now!” says another. “Make that 30%!!! There goes all profit! FML.”
One deep web cocaine dealer spoke to Business Insider about the price crash. “It’s pretty damn sad,” they said. “We have worked so hard over the past 3 months, and for profits to get halved? It’s hard to swallow, simple as that, but what can you do. It’s a gamble, whether you hold or sell.”
They'd cashed out and had a massive payday during the bubble in November 2013, so they weren't immediately hurt by the dropping prices. But it’s still “hard work down the toilet.” And other, newer dealers don't have that luxury: they’ll be forced to sell reserves at a loss just to keep going
(and potentially forcing the price down even more in the process)."It´s a death spiral! If it it doesn´t end soon, we (the vendors) will have to switch to something more solid and reliable, like DOGE!"
these guys are morons to sell drugs using something that is traceable. the usd is much better to use since it is totally untraceable if using cash like a normal drug dealer.
Think you're missing the point of silkroad 99.0 and all the other ONLINE market places.
meh, still though 99.99% of all drug trade (and I dare say terrorism related funding, weapons, child pron etc etc) are conducted in fiat, in cash and the money then squirreled and laundered by the big banks in plain sight. We know it, they know it, the government know it, the banks know it.. the whole argument about crypto and it being a worry for facilitating illicit trade, at this point in time is an entire massive crock of shit. Apart from anything else, and all of the obvious reasons, the BTC market cap, and the alt caps, are not big enough to facilitate large amounts of drug/weapons/laundered money. It is hilarious to even suggest that certain organisations, are doing so. Nope they will stick to truck loads of cash, houses filled floorboard to ceiling, and using banks like HSBC, in good old fashioned fiat. This is not going to change anytime soon. Trust me, these people like to know who to go and shoot in the face if their money goes missing.. I hardly see them running around looking for satoshi. That is not to say in the very distant future they will not use some crypto, but to label it as a actual current and actual use, and claim it makes up anything other than an tiny portion of world wide drug and weapons trade is total hogwash.
Well said. Sadly, the unwashed masses hear this and think it is true... after all 25% of those surveyed still think the sun rotates around the earth... that is the stupidity we have.
48.
Post 10217071 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Looking at the order books, i'm not convinced we're moving anywhere (significantly...)
Agreed. Good to see steady finally
With that said CoinBase just got a huge infuse of VC....
http://recode.net/2015/01/20/bitcoin-firm-coinbase-raises-75-million-from-dfj-the-nyse-and-two-banks/
49.
Post 10217263 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Yep, bitcoin is dead
Coinbase has raised $75m as part of a Series C funding round backed by a host of impressive first-time bitcoin investors including the New York Stock Exchange (NYSE), Fortune 500 financial services group USAA, Spanish megabank BBVA and Japanese telcom giant DoCoMo.Too add onto that... I think this is from NYSE themselves:
http://otp.investis.com/clients/us/intercontinental_exchange_group/usn/usnews-story.aspx?cid=953&newsid=28438Released : 20 January 2015
NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that its wholly-owned subsidiary, The New York Stock Exchange, has made a minority investment in Coinbase, a leading bitcoin wallet and platform with over 2.1 million consumer wallets, 38,000 merchants and 7,000 developers.
Coinbase was established in 2012 in San Francisco and provides a platform for people to easily and securely use the digital currency bitcoin.
“With this investment, we are tapping into a new asset class by teaming up with a leading platform that is bringing transparency, security and confidence to an important growth market,” said NYSE President Tom Farley. “We look forward to supporting Coinbase’s growth utilizing our global distribution capabilities and market expertise.”
The New York Stock Exchange will work with Coinbase to bring additional transparency to bitcoin pricing. ICE is a leading provider of financial information and market data and has worked through its benchmark administration business to restore confidence and integrity in financial data.
Terms of the investment were not disclosed.
50.
Post 10217289 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Yep, bitcoin is dead
Coinbase has raised $75m as part of a Series C funding round backed by a host of impressive first-time bitcoin investors including the New York Stock Exchange (NYSE), Fortune 500 financial services group USAA, Spanish megabank BBVA and Japanese telcom giant DoCoMo.Ssh. Keep it quiet until I can buy another 15 coins next week.
Well if history is any indicator, then the price will go DOWN with this news. BTC always seems to go backwards in price with any kind of decent news/ acceptance.
51.
Post 10217317 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Yep, bitcoin is dead
Coinbase has raised $75m as part of a Series C funding round backed by a host of impressive first-time bitcoin investors including the New York Stock Exchange (NYSE), Fortune 500 financial services group USAA, Spanish megabank BBVA and Japanese telcom giant DoCoMo.Too add onto that... I think this is from NYSE themselves:
http://otp.investis.com/clients/us/intercontinental_exchange_group/usn/usnews-story.aspx?cid=953&newsid=28438Released : 20 January 2015
NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that its wholly-owned subsidiary, The New York Stock Exchange, has made a minority investment in Coinbase, a leading bitcoin wallet and platform with over 2.1 million consumer wallets, 38,000 merchants and 7,000 developers.
Coinbase was established in 2012 in San Francisco and provides a platform for people to easily and securely use the digital currency bitcoin.
“With this investment, we are tapping into a new asset class by teaming up with a leading platform that is bringing transparency, security and confidence to an important growth market,” said NYSE President Tom Farley. “We look forward to supporting Coinbase’s growth utilizing our global distribution capabilities and market expertise.”
The New York Stock Exchange will work with Coinbase to bring additional transparency to bitcoin pricing. ICE is a leading provider of financial information and market data and has worked through its benchmark administration business to restore confidence and integrity in financial data.
Terms of the investment were not disclosed.
i think ETF is around the corner then ? i think this is very
interesting gentlemen
Not sure what is all required for such things , but maybe this is laying the ground work for such a thing. You need to be an open book if/when the big boys start to play around in it I would assume.
52.
Post 10217360 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
53.
Post 10217422 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Why do loads of you guys want the price to stay low?
I'll never understand it.
Personally, I just want it to be at the right level for smooth adoption.
This, plus you need a SMOOTH and STEADY climb in price. Any kind of violent rise in price never ends well... as we all have seen... at least those of us around long enough to see a few bubbles.
54.
Post 10217432 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
wow @ price movement at bitfinex... did anyone notice that
Hope the shorts are getting out fast because they gonna get a squeeze here soon me thinks.
55.
Post 10217473 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?
i thought they already has a lot of bitcoin for the etf ?
I think he is talking about others inside the loop.
56.
Post 10217486 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
What does NYSE have to do with an ETF that is to launch on the NASDAQ?
The Coinbase investment is amazing though, it really goes to show how miniscule Bitcoin's current market cap is when compared to valuations of Bitcoin companies.
I think from what I gather is it creates transparency... which is something you need for investing / trading. Like I said I am not sure what is all required in stuff like that but I would think that would be one thing you would need.
57.
Post 10217507 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
[/quote]
Is it time? Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.
Now $213, maybe I should sell the news?
Yeah but silk road blah blah blah...
58.
Post 10217548 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
good to hear. hope they invest in good security. i use them mostly like a gateway to get my usd turned into bitcoin. it usually never stays there long since i will send it to either an exchange, or to bitmain, or to my cold storage wallet. i have never turned any bitcoins into usd so i don't know how that works but i assume is same as buying it.
Yeah I have not used that USD wallet they just put into place. IMO, you should never store money there ( or anywhere for that matter ) at least for the time being....cuz you never know.
59.
Post 10217719 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
bitcoin isn't even worth trolling anymore
Finally someone who gets it.
yep, the New York Stock Exchange (NYSE), Fortune 500 financial services group USAA, Spanish megabank BBVA and Japanese telcom giant DoCoMo got it too... and gambled $75.000.000 in this crap.
stupid people, right?
There are reasons why 95% of the forum has Shroom on ignore lol.
60.
Post 10217893 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Why is the price going up in reaction to good news?
Is the topsy turvy world being flipped right side up?
"cough"
Bull trap
"cough"
We all know price goes down on good news... BTC is doomed!
61.
Post 10217895 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Why is the price going up in reaction to good news?
Is the topsy turvy world being flipped right side up?
Cat's out of the bag. Time to get long.
Yeah I saw WSJ and NYT picking up the story earlier.
62.
Post 10217965 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Please, can anyone try if it works?
Seems to be down
http://webdownnow.com/check/iqoption.com.html
63.
Post 10218966 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Didn't want to hear this news did you beartards & trolls?
We are all early adopters.
10 years time my friends.......
HODL like men.
I enjoy "the 10 years time my friends" comments. While yes I believe in 10 years Bitcoin will be a boom its funny to assume everyone can HODL with no cares in the world.
Life comes at you fast, House, cars, wives, damn kids. HODLing is great but how you control your HODLing is going to be far more important in the future than most could imagine.
What is life changing money for you could be a car to others.
What is your financial capabilities to HODL is the question that each one of you should be asking -
That is why the key point pounded home time and time again is never to put more in than you can afford to lose... but another way to look at it is money you wont miss. I mean shit, imagine you had put 50 bucks into BTC every week or 2 weeks from the time it started... I can bet you would be so far ahead right now, not bad for savings.
64.
Post 10219343 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
I mean shit, imagine you had put 50 bucks into BTC every week or 2 weeks from the time it started... I can bet you would be so far ahead right now, not bad for savings.
Savings you can not use, without crashing the price totally.
If you started buying 6 years ago, you had now tens of thousands of bitcoins.
Let's say, you need that "money" for something you can't buy with bitcoin -> you are fucked
Of course you only lost approx 15k $ in total, not very much.
I think your math is flawed. If I was putting in a locked amount from day one I could buy many more Bits @50c than I would at 1K So even if the price crashed like it has even though I did by some bits at the peak, the amount that I was able to buy at 50c would offset any small loss I might have gotten from the peak price of 1k.
.50 x 50 = 25 BTC @~ 200 = $5000
with 50 dollars going in @ 1K would have gotten me only .05 BTC. Sure, I would lose 40 buck but I would have made 5000 over and over again on paper at least.
Because the value was so low for a long time you could have gotten thousand of BTC at the time and the short lived pump up to 1k... I hope you get the picture... I am not so great at explaining things lol.
65.
Post 10219402 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Hey guys , what do you think now ? The bitcoin price will rise or not ? I don't know what should I think now... hold or not hold
.
Rule one:
Never ask for input on this forum on hodl or sodl.
66.
Post 10219715 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Price has flatlined since the Coinbase announcement pop.
Well at least it has not tanked like the dozens of other times acceptance /good news hit.
67.
Post 10219724 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Hey guys , what do you think now ? The bitcoin price will rise or not ? I don't know what should I think now... hold or not hold
.
Rule one:
Never ask for input on this forum on hodl or sodl.
I can vouch for that. Taking advice from here cost me a load of money.
Forum members = modern day shoe-shine boys.
Hey now dont insult shoe shine boys to the likes of Lamb okays?
68.
Post 10220129 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Certainly not because bitcoin is undervalued jorge! You are hilarious.
Well, I find hilarious all those bitcoin experts who last May predicted 10'000 USD/BTC or more (way more) for Jan/2015. (And who now are saying that "the price does not matter, what matters is the technology".)
You know, I am actually glad to be totally ignorant about bitcoin.
I wonder if you could actually find some of these experts you find so hilarious. Can you or any of the trolls find at least two people who predicted $10K coins, who now say the price doesn't matter.
And you have been around way to long to claim ignorance about Bitcoin, otherwise I would question your claims of being a highly educated person.
Here's one
........
That way you won't have to be standing with your pants around your ankles in 12 months time when the price is at $10,000 ranting about why it has "no value"
...........
I bought bitcoin in 2013 because I thought it was an exciting phenomenon and I wanted to have a "horse in the race". I wanted to be in bitcoin - not in dollars because I thought it was an immensely powerful technology and had a bright future. I measure the success of my "judgement" in terms of adoption, proliferation of understanding, consolidation of the technology etc,
................
To the defense, it could just be someone green behind the ears when they first started and thinking it would be 10K by now.
Myself, I have learned so much from this community ( more so on how to use the ignore option )... what I think now vs when I first got in is just astronomical.
69.
Post 10220346 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Certainly not because bitcoin is undervalued jorge! You are hilarious.
Well, I find hilarious all those bitcoin experts who last May predicted 10'000 USD/BTC or more (way more) for Jan/2015. (And who now are saying that "the price does not matter, what matters is the technology".)
You know, I am actually glad to be totally ignorant about bitcoin.
I wonder if you could actually find some of these experts you find so hilarious. Can you or any of the trolls find at least two people who predicted $10K coins, who now say the price doesn't matter.
And you have been around way to long to claim ignorance about Bitcoin, otherwise I would question your claims of being a highly educated person.
Here's one
........
That way you won't have to be standing with your pants around your ankles in 12 months time when the price is at $10,000 ranting about why it has "no value"
...........
I bought bitcoin in 2013 because I thought it was an exciting phenomenon and I wanted to have a "horse in the race". I wanted to be in bitcoin - not in dollars because I thought it was an immensely powerful technology and had a bright future. I measure the success of my "judgement" in terms of adoption, proliferation of understanding, consolidation of the technology etc,
................
To the defense, it could just be someone green behind the ears when they first started and thinking it would be 10K by now.
Myself, I have learned so much from this community ( more so on how to use the ignore option )... what I think now vs when I first got in is just astronomical.
True, I also knew nothing when I started, and could see no reason to dispute claims doge could hit $1. Now I understand that market cap and number of coins minted mean it needs a cap of over $97 billion for each coin to be worth $1. I was green behind the ears too.
Thankfully I knew enough then to avoid doge like the plague. I did buying and dumping doge though lol!
70.
Post 10221516 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
Someone else quote this before it is edited/deleted:
This is just ridiculous...
None of us at Bitfinex take advantage of any inside information, and each of us monitors each other to make sure that we are behaving ethically. However, how would we go about obtaining bitcoin? We work hard to build a good exchange, because we believe in bitcoin, so we should go trade on another exchange? I have known Phil a long time, and he is extremely ethical. I, for one, use bitcoin in order to withdraw my paycheck. I usually place a small market order once a month, but I have no idea what the state of hidden orders are, or whether the market is going up or down, and I don't much care about those things. I need to convert a certain amount of dollars into the equivalent amount of bitcoin, so I just buy some bitcoin.
I'm not sure how this works in the "real world", but I am pretty sure that someone who works at Nasdaq can still trade stocks that are listed on Nasdaq. They aren't getting any special information, or access to a VIP service, but they still probably have a retirement account, or something along those lines, and still have investments. I don't think that because someone works at Nasdaq, they cannot own Apple shares in their retirement account. So, I am beyond annoyed that people think that someone who is interested in bitcoin enough to work in the bitcoin space, surprise, surprise, buys bitcoin...what is the alternative, that everyone interested in bitcoin enough to work in that space cannot use their own product?
Anyway, I think most people have enough experience with Bitfinex to know that we value our reputation as a fair place to trade, and specifically keep rules in place that cost us money because we think that the benefits of a fair marketplace far outweigh the small short term gains of cheating. I've been a big fan of bitfinex since before I started working here, and I haven't closed my account just because I got a job here.
mjr is the owner of BFX. *edit* not sure if he is the owner, but he claims to work there.
Done
71.
Post 10221639 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
it will go down again when the 'four punch raiders' decide it is going to go down again .
Starting to see the down trend now. Might be dive time.
72.
Post 10227171 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.51h):
That bid sum on finex and stamp
Ask side is really thin...
It's the opposite picture on the Chinese exchanges. I think we've been witnessing the flow of coins back from east to west after China went crazy and bought up too many coins in the 2013 bubble. It's also clear to see in here that China is becoming less important and people are looking more at the western exchanges now. Actually it looks more healthy now, more balanced. I still see some downside but this bear is getting very very tired and will go into hibernation soon.
you can watch western exchanges as much as you want, china has the biggest pools and farms now.
That's why the selling pressure is stronger there.
Mining doesn't matter, it's about who's buying the coins.
3600 coins per day do matter. if most of them are made in china...well, the cost of their production is really low.
<insert joke>
Well if they make most of the coins I hope they are not as shotty as most of the other stuff they make, that falls apart in 3 months....
<runs>
73.
Post 10249630 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.52h):
You guys let me down ... where the heck is all the CCMF pics?!!!
74.
Post 10250551 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.52h):
litecoin back to 45 $, BTC following
BTC down to 45 dollars? Dude, I can almost bet if it got anywhere near under 100 bucks there would be a huge buying frenzy.
75.
Post 10258182 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.52h):
Why pick fights for no reason?
There is a reason.
Some things, like the financial war against the middle class, are worth fighting for.
My personal fight against you, however, is purely for the lulz.
I'll go to sleep now, I'm far to drunk to respond to any response that any responder might have to my drunken gibberish.
If that is how you put thoughts together while drunk, I hate to see you sober lol.
76.
Post 10260010 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.52h):
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?
Is it that they will have less regulation so to speak and this itself will be an advantage?
For me, none. On the contrary. I think it's about time for every exchange to be regulated or at least post every transaction to the ledger. Transparency is the key. No more Gox-phenomena with Willy bots will occur this way.
I ve though and said this for a long time that some form of regulation is needed. Like some form of gov is needed... to keep things civil and such.
I also think that once the regulation does kick in a bit, the big money is gonna start flooding in ... this is what will give the money the green light.
77.
Post 10260658 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.52h):
Through out this rise the last couple of days and even with this news the number of shorts on Finex is increasing.
Because after the last 8 months or so people expect it to crash again.
78.
Post 10260872 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.52h):
Da bulls are back
Hola bitpop! You still mining? What are you running these days?
Only hodl, no mining, no shitcoin. I was supposed to get a bonus Neptune but knc scammed me so I learned to stop.
Yeah, knc scammed me too, but at least the Neptune still making some coins.
I'm just holding on to what I got at this point.
Cheers bud!
Making coins for you or coins for KNC?
79.
Post 10261389 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.52h):
Da bulls are back
Hola bitpop! You still mining? What are you running these days?
Only hodl, no mining, no shitcoin. I was supposed to get a bonus Neptune but knc scammed me so I learned to stop.
Yeah, knc scammed me too, but at least the Neptune still making some coins.
I'm just holding on to what I got at this point.
Cheers bud!
Making coins for you or coins for KNC?
I paid 11.5 btc for that thing back in November 2013, received it in the summer and it paid for itself within the first two months.
and it still churns out at least 1 BTC per month, so yeah, making coin for me, not knc.
Just wondering because I heard here and there that all the pre orders and such that some companies kept the miners to mine for them before shipping them..
80.
Post 10293557 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.54h):
According to the poll, people don't expect sub 200 coins in February. For me, that's a good indicator that it will happen. Always stick to what the majority of the people in this topic say, and do the exact opposite as that will actually take place.
That would be more than $30 in roughly 40 hours or so. That would be quite a drop.
But it doesn't seem impossible.
They have to dump a lot more coins to push us below 200.
This price action is disappointing. Let's see if we are in mega bear trap territory or not.
Oh and to the trolls saying I told you so, did you predict the price would be 315 last week? Of course not. In the same way you have no idea where we will next week. Useful idiots are still idiots.
Inca just bit#hed slapped the bear trolls here.
81.
Post 10295181 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.54h):
So, how is the coming stock market crash going to affect BTC price action.
Remember that the 2008 crash took 18 months to fully bottom. So the exact start is impossible to pinpoint beforehand. But the chart I posted looks very ominous and when you add the current turbulance in the financial markets and the manic warmongering we´ve witnessed over the last year, well chances seem to be excellent that a substantial market decline/crash is pretty imminent.
Didnt one of the grading services just downgrade Russia to junk? I think it takes 2 of the 3 to rate it at that, but usually when one does it, another follows suit.
82.
Post 10351560 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.56h):
Hilarious catching up on this thread.
Everytime the price creeps up the cultists come out and proclaim a new era of monetarism; when it drops they shuffle back in their caves muttering how the price "doesn't actually matter".
Comedy gold..."its the new money".
Same can be said in reverse with the bear cultists... whats your point?
83.
Post 10380785 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.56h):
I say the same thing now about people that use stamp as I did when Gox was around. Even when I was a noob Gox was the last place I would have thought to put anything in seeing all the issues they had up to that point.
84.
Post 10468298 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.58h):
I hate to say it guys, until there is some kind of regulation to help protect your coins from being lost due to security issues, this is slowly going to kill bitcoin. No one will be willing to take the chance atm.
85.
Post 10468388 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.58h):
I hate to say it guys, until there is some kind of regulation to help protect your coins from being lost due to security issues, this is slowly going to kill bitcoin. No one will be willing to take the chance atm.
Let's not go overboard. Don't keep your coins at an exchange.
Yeah us with half a brain know this BUT.... I was more or less aiming this at the normal joes in the world. To walk in cold right now and understand the step you need to take to secure you money is confusing. I was confused when I first got into crypto, so that would not be anything different for others.
Of course I got in well before the loss of Gox, and recently there has been way to many losses of thousands of coins that would put up any red flags to an investor who is jumping in.
86.
Post 10470913 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.58h):
Wow, the price drops and now the idiot trolls crawl out again. Half a page plus keeps telling me "his user is currently ignored."...
87.
Post 10485211 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.59h):
If you don't want to use the apple ecosystem then it is perhaps not the best choice. You sort of have to go with the flow.
the flow
looks like the same people keep on buying the next big
thing shit Apple spits out
My line I always say is apple could poop into a brown paper bag, slap the apple logo on it and people would line up and pay $600+ for it because its "apple".
88.
Post 10511905 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.59h):
Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
Its CNN, the water carrier of big government. I take what they say there as a grain of salt.
89.
Post 10511910 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.59h):
Bitcoin all over CNN right now.
"But it's not backed by anything, it's not like it's backed by gold like the dollar (USD)"
Ummmm since when has the dollar been backed by gold?
Haha yeah just saw that myself. You'd be surprised how many of the general US public are under that assumption.
1/3 of the us population when surveyed thinks the sun rotates around the earth... that right there will show you how much the knowledge of the population in the US has declined.
90.
Post 10518739 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.59h):
In all seriousness, the Greek situation demonstrates how important Bitcoin COULD be. There is a nation of 11 Million people who may soon discover that their chequing accounts are part of a high-stakes game of poker between Angela Merkel and Syriza.
There is a 5-15% chance that the Greeks leave the Euro in 2015 and are forced into converting to Drachmas (IMHO). Greek savers will collectively lose Billions of dollars in buying power if that happens.
Most people don't worry about Capital controls, banking panics and access to their life savings until they are faced with a major crisis, and then people make emotional decisions.
That being said - the Cyprus Pump was probably not caused by Cypriots buying BTC hand over fist, and if we get a Greek pump, I doubt that much of the volume will come from Greek people. It is more of idea that the Market recognizes such events as damaging to the present financial system (which has only been in place for 40~ years). It is the same reason Gold may rise if there is a "Grexit" - 80% speculation, 20% increase in real buying. This last paragraph is 90% my biased opinion - as is most of this post lol.
Greece biggest problem is that they spend more than they make. The USA too, but the Americans have unlimited credit lines and can always print more money.
Greece's biggest problem is that it is insolvent. It a 170% Debt/GDP ratio. It actually has a current budget surplus (government revenue is more than spending) - but the interest and debt burden is killing them.
This is why it is so fascinating. The most logical thing for them to do is to default HARD on that debt, start from a clean slate, and we will all be vacationing in Greece next year due to the affordable prices. The Greeks are already in the worst case senario, it can't get much worse economically - the only place where it can get worse is that the Greke population may take a haircut on their savings by converting to Drachmas. If I was in charge of Greece, and I was brave enough, I'd default.
Yes, but its just not you ( Greece ) that you have to worry about. By doing what you would say you would do would cause a cascading affect all over the world.
91.
Post 10545146 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_13.59h):
Wow , half the page is gone due to ignore, the price must have went down 5 to 10 bucks.. that is how I can tell the price goes down.
92.
Post 10550275 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.00h):
pretty pathetic bear raid attempt by the greedy noisy, bearpig trolls ... seems like it had to be done though as price was breaking out sideways so they are getting extremely desperate now, as we can tell from the synchronised hating fest that seemingly came from nowhere in time for the quietest time of the market ... chinese NY over tomorrow and fiat starts hitting the exchanges again, need to paint the tape for that
The beartrolls are scammers of the highest order. Worse than neobee or a host of other failed or scammy bitcoin ventures and are just as fraudulent in trying to scare emotionally or financially weak people out of their coins. At least the outright scams asked nicely instead of using fear or emotional engineering.
They lie about their objectives and try to obfuscate the truth by making it seem like their motivations for posting are out of moral duty to save fools from losing their money when in fact they are not ethical agents, just greedy book talkers or seriously confused dipshitsThe short term price movements mean little in the face of what bitcoin has done in a very short time. Amateur hour is pretty much over. Stronger hands that are capable and ethically motivated are gearing up the engines and the real crooks are looking to game or exploit this experiment (which is expected and necessary).
However bad the first wave has been (Hello MagicalTux!), they did bootstrap a whole transparent world value ledger and multibillion dollar value economy to this point and must be lauded for their fearlessness of living on the lunatic fringe that also happen to be the spearhead of innovation. Here's to the ones crazy enough to think they can change the world.
TL;DR for newbies : Trollbear trader scammers want to cheat you out of your chance of a decent future stake in the most exciting technology/economy shift since the internet itself. Don't be stupid and put yourself at risk in the short term markets and risk another gox, wait for legitimate and secure exchanges or even better just spend them directly when it is ubiquitous. Do this instead FTW!:
1. Buy as much as is comfortable and healthy for your budget at as close to the bottom of long term bear cycles as possible.
2. Put duplicate private keys in cold storage in multiple safe locations and forget about them for a while.
3. learn and grow as an individual learning about economics, ethics, business, blockchain tech, etc. and develop your self discipline so when you have a lot of wealth you can use it wisely instead of what often happens to lottery winners, successful thieves or scammers, or other instantly rich, soon to be poor folks who often get very sick from not knowing how to handle all the stresses and temptations of managing wealth.
4. Have a long term vision and set goals for it, filling in the short term steps and details along the way.
5. Profit and enjoy your wealth and life with people who love you properly, building good things to exchange and taking on challenges to the benefit of yourself and your fellow humans.
I came here 2 years ago knowing nothing, and grow everyday learning.
Yeah it sucks for those that bought at the top, but IMO, I think we could see it again. The question is, how many of those that did jump in then, held? I dont think there are many left in that category.
93.
Post 10594410 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.00h):
Lets see how this translates 2,600 years ago...
Real wealth is houses, land, cars, food, services, etc. Wealth gets created and destroyed, sometimes both in quick succession, as when a cook prepares a meal that gets eaten right away.
Gold does not create any wealth. Its contribution to productivity, by (allegedly) being a more efficient payment instrument is tiny. In fact, the contribution of gold to world's production of wealth, so far, has been humongously negative: 100 times (at least) more wealth has been destroyed by the gold system than has been created thanks to it.
Does not translate. The replacement of barter by money transactions hugely improved the flow of goods and services, by breaking down complicated multi-party trasactions into independent two-party steps, that could be widely separated in time and space.
Bitcoin, on the other hand, has not yet brought any significant contributions to commerce. The benefits of bitcoin are, at best, the saving of a few percent in the price of international payments. That is counted as a benefit, because otherwise the payment of those extra fees would have meant waste of work by bank staffers, for services that (allegedly) were not really necessary. All those saved fees together may barely add up to 10 million dollars.
It is not entirely true that Bitcoin has not yet brought any significant contributions to commerce. Last time I've executed SWIFT international money transfer it was a pain in the ass. Spent half an hour in the bank and had to manually fill and sign a few forms on pieces of paper, bring the paper copy of the invoice to the bank employee, etc. Not to mention the fees, they were far from insignificant. I'm not saying Bitcoin is the similar contribution to civilization as invention of gold coins, but it is not without some practical advantage.
WU is another one too. Takes forever to not only fill forms out to send, but to receive also.
Then we are not even going to touch how much it cost to send money via WU.
With BTC, its only a matter of a few pennies to send money anywhere.
The only thing really making it perfect is having instant access to be able to cash out like WU, and the ATMs for BTC are popping up every day. I guess if I had the time I could drive to a bigger uban area to get to an ATM, but ATM, still can be a pain.
94.
Post 10594426 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.00h):
I did read it.
Both the account and guy were wrong if they blindly send 50k wires by email instructions.
Of course. Just as wrong as people who leave bitcoin and fiat on exchanges. But the point was to disprove NotLambchop's fabulous consumer protection that banks give according to him. They don't.
Credit card would have that protection.
You know , people pay though the nose for that "protection" in a form called interest rates. Plus you assume that everyone has a credit card, which is hardly the case.
95.
Post 10661389 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.02h):
Of course as soon as I call a support at 280 it drops down 10 bucks
That and the 10 cent army of bearretardtrolls come out of the wood work.
96.
Post 10674800 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.02h):
Off topic: Han Solo crashed a vintage aircraft and got injured, he should have sticked to the Millenium Falcon. I wish him a speedy recovery.
Yes if he calls and asks you if you wanna go with a plane ride with him, run away as fast as you can for he is really good at crashing planes from my understanding... this is not his first one.
97.
Post 10731040 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.03h):
Coin still above 290 and the bears are screaming the end is near and to get out now? Shiiitttt! To me this has been a stupid stable market for the longest I can recall. No sudden huge jumps up or down... to me this is great.
98.
Post 10742379 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.04h):
Actually i think gox was literally the case of what doesn't kill you makes you stronger. Gox was pretty much THE BTC exchange, and sort of had a monopoly and could (did) even set the price. It was ironic to have one centralized exchange thus one point of failure. And it did fail, BTC price took a hit, but now we're up to what like 5 "major" exchanges, and now no one exchange failure can (stamp
) can have such catastrophic effect...growing pains
Very true. In the fiat world, Gox would have been "too big to fail", received a big bucket of taxpayer money and continued to lose its customers' money out the side-door.
Instead we just pick up and move on and make things better. The way it should be.
The final Goxxing was sad for the people involved (but hey at least money is all they lost!) but it underlines an important point about Bitcoin: if you mess up, there will be no bailouts. Finally full responsibility returns to the individual instead of residing with illusory promises like FDIC insured bank accounts. What this does is force the individual to become better at handling this responsibility. This is something we want, right?
This is sadly something we as a society have gotten away from. Now many people look to OTHER people to take care of them. When you do this you lose your self reliance and identity.
99.
Post 10804243 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.05h):
O NOES!!!! BIT went down 10-20 dollars and now its dead!!! SELL SELL SELL!!!!!
/insert random Chinese pic or my little pony....
100.
Post 10811758 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.05h):
Yeah I made the picture as well but I wont tell you my name
Deffo didnt cause the dump though its been coming for a while, been tryna tell people for a couple of days. That hopium sure is a hell of a drug.
Yeah and perfectly timed with news of another bunch of coins supposedly stolen. I guess a broken clock is correct at least 2 times a day.
101.
Post 10850797 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.06h):
Well good to see the bears used some bad news to cave the price a few days ago. I guess it was just used as an excuse to drive the price down because if the news was really all that bad we would be sub 225 me thinks. Instead holding steady @ 260 ish
102.
Post 10875170 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.06h):
$250!!!!Wooo Hoooo !!!!!!
LOL, the price drops $20 in the space of 24 hours, then bounces $5 and suddenly we're heading to the moon
Same can be said the other way around, drops 10 dollars and the end of bitcoin is near.
103.
Post 10875211 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.06h):
$250!!!!Wooo Hoooo !!!!!! LOL, the price drops $20 in the space of 24 hours, then bounces $5 and suddenly we're heading to the moon
Same can be said the other way around, drops 10 dollars and the end of bitcoin is near.
Too late
O fuck Dogecoin. I thank it for getting awareness out there but that is about it. They were one of the most annoying community out there for the longest.
104.
Post 10875632 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.06h):
$250!!!!Wooo Hoooo !!!!!! LOL, the price drops $20 in the space of 24 hours, then bounces $5 and suddenly we're heading to the moon
Same can be said the other way around, drops 10 dollars and the end of bitcoin is near.
Too late
O fuck Dogecoin. I thank it for getting awareness out there but that is about it. They were one of the most annoying community out there for the longest.
Dogecoins are fine with me. And what do you mean by their community? Doges.org?
No more or less getting it kick started on places like reddit and getting those who would have normally not been aware in cryptos interested in it. More exposer to cryptos over all is what I am getting at.
105.
Post 10966469 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.08h):
OMFG bring back the newbie prison already!
106.
Post 11177785 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.12h):
OMG really people?
To think that someone all of a sudden , being and early bird, would decide to offload all those coins right now is comical.
Plus any moron with half a brain knows that people are always watching, why create panic?
107.
Post 11228178 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.13h):
Ripple Labs just announced a partnership with western union.
Goodluck
Once again we will always point out there are reasons why "bankers" will support ripple, say hi to the new boss, same as the old boss... Ill leave it at that.
108.
Post 11353921 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.14h):
All sites have clauses to shut down any account and seize anything for any reason. So that really is of no help.
I would rather speak to traders who have been using a platform for a good amount of time for references.
Anyone?
It's good to know specific rules. Coinbase will cancel your account if you're sending BTC to LocalBitcoins, etc.
I'm not using the Coinbase exchange, because it's not yet available in my country, but I have been using Coinbase for 3 years and it always worked smooth for me.
O really? Wow I never knew that. I usually dont keep the coins in an exchange anyways, but if I had that might have sucked not knowing.
Quick edit. I dont see anything about localbitcoin... though I do see that if they SUSPECT that you are using coinbase to buy/sell in a high volume outside of personal use ( kinda like a business ) they will limit your account, which is fair for they went and jump though hoops to get where they are at right now, plus it also limits the liability that they might have due to the idiots that want to do illegal activities with bitcoin.
109.
Post 11354074 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.14h):
O really? Wow I never knew that. I usually dont keep the coins in an exchange anyways, but if I had that might have sucked not knowing.
Quick edit. I dont see anything about localbitcoin... though I do see that if they SUSPECT that you are using coinbase to buy/sell in a high volume outside of personal use ( kinda like a business ) they will limit your account, which is fair for they went and jump though hoops to get where they are at right now, plus it also limits the liability that they might have due to the idiots that want to do illegal activities with bitcoin.
7.2. Restricted Activities.
...
Act as a payment intermediary or aggregator or otherwise resell any of the Coinbase Services, unless expressly authorized by Coinbase in writing;
They published a statement specifically mentioning LocalBitcoins here:
https://support.coinbase.com/customer/portal/articles/1905681-localbitcoins-and-coinbaseThey dont say you cant do that.
"Coinbase customers may not, however, use their Coinbase Accounts to engage as a business in the exchange of virtual currency for fiat currency, funds, or other virtual currency."
So what that says to me is that if your not doing thousands of dollars a day/week, your okay. As I stated before, they had to jump though hoops to get all the stuff in order to become a somewhat legit exchange, its not fair for them to be abused by individuals who would otherwise be doing massive amounts of exchange activities.
I see no problems with it to be honest. They are just covering themselves in case. You know full well how fast the feds can come back and crack the whip on them if they even suspect anything.
110.
Post 11354106 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.14h):
All sites have clauses to shut down any account and seize anything for any reason. So that really is of no help.
I would rather speak to traders who have been using a platform for a good amount of time for references.
Anyone?
It's good to know specific rules. Coinbase will cancel your account if you're sending BTC to LocalBitcoins, etc.
I'm not using the Coinbase exchange, because it's not yet available in my country, but I have been using Coinbase for 3 years and it always worked smooth for me.
I do see that if they SUSPECT that you are using coinbase to buy/sell in a high volume outside of personal use ( kinda like a business ) they will limit your account, which is fair for they went and jump though hoops to get where they are at right now, plus it also limits the liability that they might have due to the idiots that want to do illegal activities with bitcoin.
Except from what I understand Coinbase takes their duties to a whole other level.
People get money seized and their accounts taken from suspicion of fraud all the time.
The reason for this seems to be Coinbase wanting to show the US Gov that it can enforce and closely monitor everything.
From what I have read Coinbase makes it very hard for a person to trade by himself in any significant amount
I am going to get a bitstamp account going.
Then a BTC-e if I can figure out how to use that site.
Of course coinbase wants to show they can monitor everything. The gov can take them out faster than we could blink if the feds even think they smell any kind of illegal activity. Have we as a community not seen this happen enough over the last few years?
Think about this, would you much rather have coinbase stop a few people who might have questionable intentions and leave the bigger community alone doing every day transactions, or would you rather just let it all go wild, and then the feds step in, taking millions of dollars in a siege and affecting everyone?
Look, I am not saying what they may or may not do is not over the top, but in todays climate, you cant be to careful, the feds are just looking for a reason to de-legitmatize BTC and every chance they get.
111.
Post 11364446 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
What worries me the most is that for 95% of all the bitcoin startups, VCs are just throwing huge sums of $$$ at them, but they are all basically creating "solutions looking for problems" instead of solving real needs. Gee, where have I seen and lived through that before? Oh yes, the DotComBomb of 2000. Been there, done that, got the t-shirt.
Indeed. But there were a few trillion dollars to be made before it all went tits up and then things really got rolling after the wreckage had been cleared. I hope it doesn't pan out that way but it's kind of a natural cycle.
Believe it or not, one of the companies that I'm most worried about is Coinbase.
For example, go look at their employee roster page at the bottom.
https://www.coinbase.com/aboutIn in the past 2 years, I have literally watched that page grow from about 5 employees to what you see now on that page. And they just keep adding more employees. At the rate they are going, unless something drastically changes I don't think that they are going to have a business model that will support all of that headcount and still make a profit.
So many sexy girls working at coinbase. I want to work for them.
Yeah I noticed that ... yummy.
112.
Post 11369169 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
9K does not even take it 10 dollars down fugging puzzies, that all you got dumpers?
113.
Post 11378710 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
Noticed the dump happened around the same time as the one yesterday. Who here still thinks that a lot of this is not orchestrated?
114.
Post 11389780 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
Wow, these bears are absolutely falling on their faces.
This is hard to watch.
Bulls are weak still. $250 still isn't broken and here we are back in the $230's.
It's more like "bulls" are falling on their faces"
Every time you bears try to dump the price and push it down, it meets more resistance each time. Bears cant even make it drop 10 dollars after blowing their wads of thousands of coins. Yet here we sit. Sorry dude, but still above 235 after the last few attempts to push it down. The price probably will float back up again slowly. Its not like the old days of sling shot rebounds, slow steady climbs up only make it just as hard to push it down any kind of amounts.
115.
Post 11389791 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
Sarcasm fail.
Jorge has basically made us his mistress to r/buttcoin these days...
cloaked in cringeworthy mannerisms.
Some have been around here longer than others and this flirtation w/ JS could be relatively new to yall but some of us have seen the circular, exhaustive and at times, ridiculous commentary coming from the guy which is why he's reached ignore status just like the other main troll round these parts. Keep subjecting your time and mentality to this crap and it's hard to feel sorry for ya. Just sayin but the active time wastes around here these days are JS and lambscrotch and her smelly sox that are born on a daily basis at minimum.
Lol I have gotten to the point now I dont even read newbe posts, they just automatically go to ignore pile. I swear some people have sorry lives where they have nothing better to do than to create alt accounts to get attention... which is too bad because if they would put half the effort into something productive, they most likely would be successful.
116.
Post 11414644 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
Only 1 dump from 1 person pretty much no?
Dude same time almost all the time, few thousand coins dumped around 430pm...every damn time. If you people have not caught onto this, you deserve to lose out on whatever.
117.
Post 11423735 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
If history repeats itself, dump incoming again at 430 pm on my chart.
118.
Post 11424711 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.15h):
You know what is funny guys... you know how I said on the 430pm chart time by me, there was a dump usually daily in recent times, well, did not happen BUT, that is when the "glitch" happened on the chart... too funny right?
119.
Post 11509720 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.16h):
What happened?
Bad news or what?
A big trader saw the chat on reddit about the blocksize and dumped 20,000 coins on finex whilst shorting a few K to make the near term technical picture bearish.
The price is down 15 dollars and all the bears who haven't been here for weeks are now back and telling us bitcoin is dead and 'double digits' etc.. Of course they all went short at 249, tarmi included. Save yourself.
(in other news we are still trading sideways)
Funny how they say bitcoin is dead but keep putting money in the market.
120.
Post 11553254 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.17h):
OMFG... did you yourself actually do this? If so, that is extremely funny!
121.
Post 11558179 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.17h):
Just shorted my whole stash because you were recommending that. Why is it going up again!?
Stop watching the 3-minute candles, zoom out a bit. Like so:
See a trend?
@inca: What keeps you thinking that mysterious malefactors are trying to part you from your bag of dicks? Whatever it is, let me [try to] reassure you that your bag is safe. It's your bag. Every last dick in it is yours. To have
Yeah, it's freaking flat-lining. half a year ago this would've sent the market into free-fall, but now... nothing! I miss the good old 80s... Full blown manipulations... *sigh*
We're inches above the ground, price too low for spectacular free-falls. The coup de gras will come when investors experience the horrors of the coming hardfork war.
Enjoy death by a thousand cuts for now
ROFLOL... that is the best you all got now. Every dump attempt has failed recently... sorry to break it to you, but the days of massive panic are long gone. I think many of the coins now are in the hands of the holders, with a few thousand sitting in the manipulators on both sides.
122.
Post 11558371 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.17h):
Did you say something? I'm too spooked by that frightening sell wall to pay proper attention, sorry...
lol, you think that's scary ?!?
Ahh its just seaking attention. Just better off putting on ignore.
123.
Post 11625358 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.17h):
Much wall @ 236.7 on fenix...
Oo they chomping on it now num num num.
124.
Post 11637207 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.17h):
For whatever reason as I watch the market right now I just expect sells of 100's of coins very quickly to make the market tumble again.
125.
Post 11637512 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.17h):
Someone just ate that 300 coin wall at 252 on finex.
126.
Post 11731608 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.18h):
I don't think you are honest about your basic motives regarding bitcoin. I'm a 44 year old nuclear physics-guy.
Is there some sort of causality I'm missing here?
Jorge has successfully identified enough BTC scams over the years to warrant respect. Sadly, there will continue to be scammers as long as BTC attracts happy-clappy noob idiots who think they are financial geniuses.
I disagree with Jorge on most things wrt bitcoin, but he has more sensible stuff to say than the average poster. I am glad he is on the forum, despite his pessimistics BTC view.
Same here. Its healthy to have people with opposing ideas, for that is what can help grow. Now if Jorge were to start posting my little ponies BS...well he would lose credibility with me then.
127.
Post 11756414 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
Price must be doing well, many sock puppet accounts popping up.
128.
Post 11789637 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
If America elects a Trump president the world will laugh its ass off in perfect harmony.
What and electing a guy twice who never even ran a lemonade stand was not enough?
Another Bush or another Clinton?
Please.... Trump is not perfect, but he hits hard, although does not articulate his points very well, he stands by it.
Im so sick of lifelong politicians. When the US was created, it was not ment to be a carrier like it is now. It was a duty.
BTW, the world wont be laughing if the US economy tanks or the USD loses its status. Want a laugh, let that happen. Soon it will happen if course is not changed. You think Greece shock stuff up, just wait.
129.
Post 11789787 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
Guys, I'm new to this trading stuff. Does this sort of thing have a name? It means we're gonna keep chooching, right?
Ask any troll ... double digits by the end of the weekend.
130.
Post 11796757 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
CCMF (there I finally said that )
Careful not to catch falling knives though.
Nice 360 BTC wal lin finex.
131.
Post 11796777 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
So we don't even yet the result of the referendum?
Buy on anticipation sell on news. Its close to polls closing right now so the pump is full on right now.
132.
Post 11796782 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
LOL someone just bought that 360 BTC up in one buy
133.
Post 11796835 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
Bitcoin is going up since OXI (no) was said to be the winner by various polls. The small pump started when the first results were given, but it is not settled yet, it can still change.
Yep gotta time this right... for it can fall just as quick as it rose here in the last hour.
134.
Post 11796848 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
LOL sells of 100+ BTC just popping up everywhere.
135.
Post 11799046 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.19h):
Garbage
Why not zoom out to say 5 or 6 years? O yeah that is right, because that would not fit your trolling needs.
136.
Post 11837404 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
Yes, btc is boring. I wonder if it is already too late to get on LTC train?
BTW, the DOGED coin looks promising too...
The Litecoin bubble has been pretty fun. Might still double, but frankly it's in danger territory. The China volume needs to keep growing to sustain momentum, and it's already higher than ever (the optics of China notwithstanding). Next move for me, buy the flashcrash and sell the bounce.
i think that what i gonna do too... drop some money into litecoin and watch it crash .
Got in on the 29th... I figured a few bucks be fun to play with... so at least for me I got a ways to go before I lose out... Im not gonna flip and buy back o no... once im out i get out lol... and wait.
Than again be nice to see 20+ a coin like the old days. Made some money back then.
137.
Post 11845395 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
Regarding the LTC ponzi scheme: the question is if this guy will really cash out to RMB anytime soon. Personally I highly doubt it, because Chinese authorities will rip him to pieces, when this thing blows up. If I would be him, I would leave the country as soon as possible.
So that LTC run up and free fall was due to this ponzi or just the fact that they cashed out the LTC ?
138.
Post 11859511 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
Silly me, I do PC repair amongst other things for an income. I get a lot of used discarded old pc's in for recycling.... before I ditch the hard drives I always have to test them and can't help but to check the apps/data/roaming folder
Can't help fantasizing about finding an old wallet.dat file just full of forgotten coins....
Dream on I know
Unlocked of course... otherwise you would spend hours trying to recover.
139.
Post 11859576 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
Silly me, I do PC repair amongst other things for an income. I get a lot of used discarded old pc's in for recycling.... before I ditch the hard drives I always have to test them and can't help but to check the apps/data/roaming folder
Can't help fantasizing about finding an old wallet.dat file just full of forgotten coins....
Dream on I know
Unlocked of course... otherwise you would spend hours trying to recover.
Of course
Could you imagine...
BUT....now lets say you did find a wallet, locked of course, with say.... 13K coins in it, would you notify the owner? Would you then demand a "cut"?
140.
Post 11859585 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
BTW, I love being over 300 now. Seems a more comphy number for me to be honest. What is even better that my investment from the crash down to 180ish a while ago is almost doubled.
141.
Post 11860413 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
You never know. There's an outside possibility. The numbers of folks who were around when it was worthless enough to delete are pretty darned low but even 2011's dust is still a nice bonus.
You must get a fun occasional consolation prize of photos of the hard drive owner taking his saggy old wife up the shitter while she's bent over the washing machine.
I know a couple of people who claim to have mined a bunch and then to have repurposed/reformatted the hard drive. There have to be more out there just forgotten but it's a crapshoot probably smaller odds than finding a silver quarter.
I bet you there are thousands of lost coins. I wonder if anyone takes that into consideration when thinking about how many BTC there are. Of course its hard to verify that if coins are "lost" but I think that if they have not moved for many moons then well... they are pretty much lost. I mean if going over 1k USD did not even tickle your urge to sell some of your thousands of coins... i dont know what the heck would.
142.
Post 11861460 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
The nice part:
LTC appears to have bounced from a floor of $3.90 to about 5.25 right now, and BTC still rose a bit.
Dead Cat Bounce for sure.
Drop it like it's hot!
I know I did at .029 a few days ago lol.
143.
Post 11861783 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.20h):
love seeing one buy 700 coins in one swoops wow.
144.
Post 11871934 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Da faq happened to the price? I go to sleep and then to work only to see a massive sell off in a few short hours this morning???!
145.
Post 11872092 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Da faq happened to the price? I go to sleep and then to work only to see a massive sell off in a few short hours this morning???!
Hell I am still jumping for joy its still in high 280's lol
PS: Greece got another bail out as expected
So pretty much thinking that even after how many others that this time the results will be different?
146.
Post 11872269 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Oh, this thread is getting bigger and bigger!
Anyways, is it relatively safe to move my entire savings into Bitcoin? I want help from experts about this..
Nothing is safe! Fiat isn't safe. Bitcoin is high risk but could be high reward. Only invest what you can afford to lose.
Same old saying.
This +11
Why? Well, if it does crash your left with nothing. Its like investing in penny stocks right now. If you can afford to lose , the risk can be very rewarding if it goes up. A lot of us have seen the ups and downs, so yeah.... you just never know. Those that bought at $5 now are rather well off, even at the current prices.
147.
Post 11875959 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
after the LTC crash, i have a feeling BTC will crash hard this time.
Double digits right?
Lols.
148.
Post 11880293 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
A Greece deal has reached.
Selling is the best option for now
IMF warned that Greece needs deeper debt relief. Not over yet.
Agree; we're FAR from a "deal". A portion of SYRIZA has revolted against the austerity package and they refuse to vote for it; if that happens elections it is sooner than later. AFAIC the viability of the debt... let me say it out loud:
HA
HA
HA!
What is the overall sentiment now? It seems like Greece is between a rock and a hard place with equally foul tasting poisons. The medicine as bad as the sickness. Is there any real choice? Is it so critical to stay in the EU that they should cede island ownership and assets? My understanding is that even if Greek left the EU, the creditors would still take the gold and everything else. Cursed every which way but up as they say. Thoughts? Just wondering, thanks. Crappy times.
Re; Putin; Very suggestive statements. Using a blockchain for citizen identification, namecoin? to prevent ID fraud. It seems as if a cryptoeconomist has his ear. More forward thinking than I would have thought. Interesting approach in light of being plagued by various extremist groups. Interesting.
In Greece atm. No obvious discontent among the people at all. I have seen lines at most ATM's but that is all.
This process between the eurogroup and Greece certainly is not a democratic process. A clear NO vote with 60% of population and then a week later the PM takes a deal to increase the debt further. The debt wasn't payable when it was 120bn euros, a further 250bn euros of 'bailout' made it impossible for them to service even the interest payments and therefore a further 50 bn is simply extend and pretend gone mad.
If it shows anything, it is that fiat currency and it's creation is a massive joke.
No matter the outcome, there are certain facts that no one can deny.
For instance:
Greece must pay to the European Central Bank € 3,5 billion next Monday, but because the IMF is superior to all other lenders, Athens must return to the IMF before the payment to the ECB - which means that the Greece has to find around € 7 billion by Monday. Another amount of € 5 billion is necessary in August to cover similar bills.
About half of the € 7 billion owed by the country on Monday can be paid from the profits of Greek bonds held by the ECB, the profits promised in Athens as part of a second bailout deal in 2012. But the authorities of the eurozone struggle to find the balance of cash quickly.
I do not personally think that the money will be found.
Found like all the other times. Sure, they can boot the can down the road again, but I can bet you shortly after this whole thing is gonna come up again and again... like a crack users... just one more fix I promise I quit after this last one... really.... I promise!
149.
Post 11889992 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
wow nice bunch of 5 minute red dildos.
150.
Post 11890034 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
wow nice bunch of 5 minute red dildos.
Vote is a YES in the greek parliament.
Traders trying to front run as if the market really expects anything else..
Ahhhh hahahaaaa... welp... Buy on this dip cuz I can promise you that this is all going to be repeated by Greece again shortly once again. My Druggy equivilant still stands true with Greece, keep giving them fixes when they promise its the last one and they will change after many failed attempts...
151.
Post 11890049 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Place your bets where the price will be when you wake up tomorrow.
290 ...
152.
Post 11910482 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
is crypto done??
she is so cute <3
The blonde or the chick that happens to have facial features of a male lol.
153.
Post 11917077 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
I'd prefer Rand Paul.
But Trump would trump Hillary or Bush any day of the week.
...
So we hitting 280 tonight?
Same here. I dont care about any polls. I know that for once we have someone actually telling the truth. The rest claim they are looking out for you ( right and the left ) but really, they are selling you out to the highest bidder. Politics were supposed to be a duty here in the US, not a carrier like it is now.
Sideways Again.... not even shit alt coins to trade to make a few bits here and there.
154.
Post 11917538 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Must break up chart buddy.
155.
Post 11933695 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Increasing divisibility is not the same as printing more dollars, it's the same as breaking up dollars into pennies, or pennies into even smaller units if the dollar becomes so valuable that even pennies have to be broken up into smaller parts.
I am personally gutted that someone thought of breaking up gold bars into 1oz coins. Now my 10kg ingots are almost worthless
I don't invest in gold because I don't have enough money to afford a full bar of gold.
No, there is a way! I found this nice investment bank which issues paper certificates that they say are the same as real gold, in any amount you want. I'm sure they'll be trustworthy, even in difficult times.
/Snickers.
So its like the money system we have right now... just paper.
156.
Post 11937857 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
dump incoming.
157.
Post 11937892 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
dump incoming.
From where? I want to be up wind when it happens.
One going on in finex right now big red dildo
158.
Post 11937916 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Support at $274 looks good.
Yeah have been watching whoever it is flashing the 300 BTC wall on the sell side pushing it down, press it down then takes it off the books... interesting to say the least. Shitty that a few people with tons of cash can set market price like it is right now.
159.
Post 11937995 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Support at $274 looks good.
Yeah have been watching whoever it is flashing the 300 BTC wall on the sell side pushing it down, press it down then takes it off the books... interesting to say the least. Shitty that a few people with tons of cash can set market price like it is right now.
Yeah, seems like they're creating a pennant that may take us sideways a little longer.
I think that is the goal.
160.
Post 11938091 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
When finex wall dissapeared?
No real buying pressure so no need to wall it up and risk it. Im sure if there was a hard push up right now that wall be coming back.
161.
Post 11942478 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.
please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??
Think halving is huge and undervalued as no currency out there have done anything like that (minus ALTS). Will we see $220 in the meantime is anyone's guess....
And we kn ow when it is, how much it will be, and what the supply will be after.
Unlike the feds who well, quite frankly, do whatever the fuck they please. Always putting out there "We might do this"...guess what... with bitcoin, there is no might on the supply.
162.
Post 11942707 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.
please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??
Think halving is huge and undervalued as no currency out there have done anything like that (minus ALTS). Will we see $220 in the meantime is anyone's guess....
Unlike the feds who well, quite frankly, do whatever the fuck they please. Always putting out there "We might do this"...guess what... with bitcoin, there is no might on the supply.
Hence why the argument of it already being priced in somewhat certainly holds water.
Maybe. I dont know. What I think is also happening is due to the pool of money being relitivly small in the whole big picture, I think a select few are keeping the price where its at too. You dont flash 1000 bid /sell walls and not have money. I think most that were gonna get out did when the prices were higher, and those early people who had some if they did not sell already will not.
One more thing on that also, I forgot to add. On the other hand, we also dont know how many of the coins are "lost" tucked away in some wallets that got encrypted and cant be unlocked, or just deleted from the HD... those coins could be lost forever... but the real number we will never know.
One more thing, I know this might be a little off topic in a way, but wtf happened to darkcoin lol? Never mind it became dash? So they think name change will change the past... funny.
163.
Post 11943784 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
People, I've a question please.
Why I see a lot of talking about dipping to $260/$240 and $220 ?
I guess I'm missing something out !!
I dont think you will see 220 again unless something bad happens like another huge bust, or a exchange takes a shit ( like coinbase or something like that )... or there is serious issues with the program itself.
Besides the block size, I think we are safe. You have to recall many of those large busts with all those coins just happened to be when coins were able to be gotten cheap. I doubt many druggies are walking around with 1500 BTC or anything like that, for it would have been smoked already or up the nose.
164.
Post 11943801 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
if we look at ltc halfing and price increase, btc should be 500 usd by next year... its also fit the cost to mine 1 btc if difficulty was doubled today.
off course price would be more relevant with demand. so i hope btc demand will be rising next year
what we learned from LTC halving is that we will see some poor chaps lose their bitcoin profits on leveraged exchanges when someone loses $80k in a leveraged pump or whatever it is they do when bitcoin gets pumped and then suddenly dumped. at least that is what i learned from LTC halving so far.. i am never going to a leveraged exchange because of that. i feel it is "me against the music" when comes to bitcoins and cryptos.
Leveraged exchanges are where we take the money from gamblers. Luck plays a part, but over time money flows from the dumb to the smart. We want bitcoin in the hands of smart people.
Eh wrong. Your looking at it wrong. Your going to have to have even the dumb people using bitcoin if you want bitcoin to succeed in the long run.
165.
Post 11943808 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Is this right ?
Porn were first real mass adopters of VHS, DVD and Internet technology
Porn drives a lot of technical advancements lol.
166.
Post 11947104 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Well yeah the 2020 halving is also 'priced in'. Everyone knows the economy behind Bitcoin production and inflation. Knowing from the start when halvings in production are taking place and having a cap on the total money supply is why many people are here and why many speculators forsee an increase in price over time as long as new money >= coins wishing to be sold.
Yes, nothing happened after the first halving when the price was $9 because it was priced in. Nothing happened soon after that. Can't fight science.
I dont know if that was sarcasm or not but I will side with not.
very few people gave a shit about BTC when it was 9 bucks bud. When you could mine tons with just a cpu... yeah.
167.
Post 11947112 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Well yeah the 2020 halving is also 'priced in'. Everyone knows the economy behind Bitcoin production and inflation. Knowing from the start when halvings in production are taking place and having a cap on the total money supply is why many people are here and why many speculators forsee an increase in price over time as long as new money >= coins wishing to be sold.
Yes, nothing happened after the first halving when the price was $9 because it was priced in. Nothing happened soon after that. Can't fight science.
Explainable by demand (new money >= coins wishing to be sold), not
necessarily a direct result of the halving. The point being you still need new money coming in to be greater than the value of the coins wishing to be sold regardless of mining amount. Saying supply halving MUST mean price increase is not true.
If we did not have new money coming in then the price would be zero.
IMO, if it even sniffed 100 bucks I would take a chance a buy a good amount of coin myself.
168.
Post 11952279 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
Gwad are we all back to cheering for sub 220 coins yet? Seems to be the tone recently.
169.
Post 11963394 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
The winklevii already have investors ready to buy as soon as they go live. They know alot of high power people.
I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.
Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.
Why wait for the winkles?
I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............
I really hope I am wrong and everyone points and laughs at me.
Well for starters , people with a lot of money are not going to risk jumping in without all the "proper stuff" online. Sure, some dabble in it I am sure, but even with coinbase which if pretty decent IMO, there is plenty of room for improvement.
Plus dropping a million bucks into BTC would make the market go stinking nuts. Im sure you could buy up an order book rather easy with that kind of money.
So in the end, I believe the big boys are on the sidelines still, they need security.
170.
Post 11964326 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
If anyone feels any better, I finished building my 40 gallon sump for the 75 gallon and the price gone up 10 bucks. I need to troll less and more hobby stuff.
171.
Post 11964489 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
If anyone feels any better, I finished building my 40 gallon sump for the 75 gallon and the price gone up 10 bucks. I need to troll less and more hobby stuff.
huh? what! no, maybe? idk.
What constitutes contribution in a thread about nothing?
everything, anything, flashy pic are best...
So the forum has been down for a good part of the day, i wanted to login and give my blessing to this rally but i couldnt. anyway, its looking good, i had target 269 as the low before the rebound but we seem to be bouncing off of 275, very good, bullish sign, bla bla bla. now resistance appears to be >300, I can totally see this 6 month long resistance line (300USD) become support in the next few weeks, buy or die.
buy or die. Buy or die. Buy or Die! your choice man wtv.
A sump for a fish tank is another tank outside of the main display one that holds stuff like filter media, skimmer, ect.... adds water volume too.
172.
Post 11964937 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.21h):
soon 1 oz of silver will be worth 320+ bitcoins ..
your a fucking MORON
but you realy knew that so good night bitch.
and 1 bitcoin can buy your brains
problems with bitcoins:
A. "dumb people" are going to lose bitcoins if and when more people use them.
B. "dumb people" are going to lose bitcoins through malware hacks.. security for bitcoins is gimped for newbs .
C. eventually bitcoins will be forced to 'create out of thin air' more bitcoins. and bitcoins is not being straight forward about this thus it is being a scheme.
D. when more users do adopt bitcoin pc's will require a hard drive just to hold the blockchain, and everytime that hard drive fails will be forced to download the entire bloack chain again.
E. security has been gimped with bitcoin at exchanges.. and just about every single time a bitcoin exchange is hacked the perputators never get caught .. the coins are just gone.. noone ever gets busted ..
F. every single transaction is recorded in the blockchain.. no privacy at all... none zero.
G. we got people talking about "soft forks" to make new units of currency.. it might not be talked about but it sounds possible entire wallets being forked right out of the blockchain.
it is very doubtful all the problems with bitcoin can be resolved in time to become the replacement currency you all wish and hope for .. its going to be gold and silver.. they are going to surprise you and everyone holding bitcoins is going to take a massive haircut.
Problem is I cant send gold or silver across the planet in 15 seconds.
173.
Post 11967827 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.22h):
Anyone wants to bet if the Walls on finex at 297 and 300 are real?
My money is on fake(ish).
I would say fake too, I have seen those 300-500 coins each on walls get moved up or down depending on what is happening.
174.
Post 11986479 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.22h):
Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.
But we will be back to 230 by Friday.
If that is the case you should be more than happy to take 10 bucks over your spot price then, after all, giving you 10 dollar profit.
175.
Post 11987697 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.22h):
Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.
But we will be back to 230 by Friday.
If that is the case you should be more than happy to take 10 bucks over your spot price then, after all, giving you 10 dollar profit.
More profitable to sell at 290 and buy them back at the lower price. If you are a hoddler, then you may not get that.
What this holder doesn't get is how you can be so sure it's going to be appreciably lower on Friday, let alone all the way down to $230.
Sounds like a typical beartard pipe dream.
If it goes down to 230 or below I will gladly toss in more than me weekly 3% I normally do. Heck, still waiting on the sub 200, I got very lucky earlier this year and caught the crash below 200 and happened to have money to buy a little bit. IMO, a return on my 1.5 BTC buy has shown great return if I have to cash out now. More than if I had put it into a saving account for sure.
176.
Post 12013618 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.22h):
Well some fuq is trying to keep the price down look at those walls goin up to 290 on finex. Just moved the 500 coin one down ....derp he removed half again.
177.
Post 12013630 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.22h):
Spend a lot of money keeping the price down for several months so he can buy lots of bitcoin with another lot of money.
Makes sense
The thing I always question now with the whole finex thing is how many coins do these people actually "own" and not borrow.
178.
Post 12026875 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.22h):
Wheres my double digit coins damn it?! Is this the end of bitcoin?
/sarcastic.
179.
Post 12090458 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
My god its the same garbage over and over again, price drops and the socks come out in force. Bring back the newbie jails heck make it so you have to be 6 months old account to post anywhere cept newbie jail ...
180.
Post 12095983 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
The future of Bitcoin.
Thankfully I bought and started mining around that time, and guess what? I cashed out when it was 900+ bucks. I held on a few BTC in the process, and I made tons of money. Dont forget to show that part, or is just showing incoming doom your only goal?
181.
Post 12157293 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
Keep fuc*ing that bear guys. I want morz dumps until this gets resolved so I can get morz coins cheaper.
182.
Post 12178641 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
LUTZ nice crash. Time to buy.
183.
Post 12178660 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
WTH 194 bucks?
184.
Post 12178690 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
MF I got me some at 202 eat cow poo people thank you ... idiots.
185.
Post 12178752 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
wish i had coins on finex ._.
This. I'm just thinking about those lucky bastards that got coins for $160.
A while back I got lucky and had some play money on exchange and snagged me some under 190 bucks. I always keep a small amount that I would not bat an eye to losing for such occasions like this.
186.
Post 12178764 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
Seriously this is concerning now.. BFX hacked or somethin?
From what I see its the closing of a ton of longs.
187.
Post 12178782 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.23h):
Now all those lucky ones who just play the market will now sell a bit higher... gonna be tough IMO to get pass the hundreds of coins that were bought dirt cheap and now will lower the highs for a while.
188.
Post 12219774 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.24h):
what's that blue ribbon chartbuddy is wearing?
he is infected with blue aids.
or cravin sum beer.
Rather have blue aids than drink that beer... just saying.
189.
Post 12267276 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.25h):
CCMF!
190.
Post 13566798 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.40h):
So Cryptsy was really not whole ? Pulled a Gox? If that is true then guess what? BTC image is going to be damaged big time, and much worse than Gox era.
191.
Post 13566906 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.40h):
So Cryptsy was really not whole ? Pulled a Gox? If that is true then guess what? BTC image is going to be damaged big time, and much worse than Gox era.
No one gives a shit about Cryptsy. I don't think there was single moment in time where they weren't a shit hole experiencing problems. Also, they were hacked a year and a half ago, and the coins have been sitting since.
I know they had issues from the start, and that was the main reason I stopped using them. I got into the crypto game around the time it got too expensive to mine via video cards, so I went scrypt, made my BTC that way. But they were the only real exchange at the time that did the alts, and man, I hated nothing more than getting ready to deposit coins while there was a pump only for the coins to go into limbo for days and by that time it was too late.
So Cryptsy was really not whole ? Pulled a Gox? If that is true then guess what? BTC image is going to be damaged big time, and much worse than Gox era.
Not really! Gox was much much worse!
Maybe, as the amount yes, but to be honest, the whole exchange thing was to have matured enough to the point where people should not have to worry about such examples of this. There has been more than enough time for exchanges to get their shit together so this was not to happen again. Sure, this might have happened in 2014, but just now coming out with this info is just plain wrong. Innocent people ONCE AGAIN put trust and their coins into an exchange that had no way of actually being able to pay it back. IMO, this is almost like a Ponzi on some levels.
192.
Post 13575986 (copy this link) (by BrewCrewFan) (scraped on 2020-04-04_Sat_14.41h):
The drop is caused because Cryptsy is collapsing, I think.
If a reasonable solution is reached, then we'll see a recover, otherwise two more years of bear
Speaking of which, I think Craptsy is dark now.
The drop is caused because Cryptsy is collapsing, I think.
If a reasonable solution is reached, then we'll see a recover, otherwise two more years of bear
Causing a fall of $ 430 to $ 370, loss of 1 billion dollars in marketcap, in 1 single day? I don't think so.
I'm sure it helped. Not Cryptsy itself, but Cryptsy reaffirming the (seemingly obvious) fact that so-called 'trustless' currencies, like filthy fiat, rely on trust.
Only instead of needing to trust legacy institutions -- greedy banks and their henchmen, the lying governments -- trustless currencies require you to trust fellers like TradeFortress, Ukyo, and Big Vern.
Yeah that was kinda my round a bout point yesterday that trust is a huge thing, and with the exchange ( another I might add ) going down and lord only knows how many thousands of dollars are now missing, to the normal joe this is not good. The media will have a field day with this for sure... again showing how much growing this thing needs to do.
