All posts made by p0peji in Bitcointalk.org's Wall Observer thread



1. Post 5197157 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.12h):

Quote from: kurious on February 17, 2014, 12:27:23 PM
Actually - allowing limited withdrawals makes sense - they must fear a 'run' on BTC either crashing the exchange (with it's new software fix being untested, too) - or meaning they have so little liquidity that their business is finished.

Allowing 'some' withdrawals will mean people wish to hold BTC instead of Fiat, which will inflate the price on Gox, and at this point, some people might decide to stay.

If Gox is clever, it will still have a business left.   Don't get me wrong - I will be the first in the queue to get out, but it is a logical solution.

I did think this was their only logical way out (assuming they really do intend to stay in the game).


^This. Price on Gox will be above the other exchanges before people are able to withdraw any significant amount of BTC, meaning that shorting now would be a bad decision.



2. Post 5197355 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.12h):

Quote from: TERA on February 17, 2014, 12:52:14 PM
Isn't it weird there are suddenly all these bulls, with attitudes.

Why all this nonsense about "Bulls and Bears", the way I see it there are sensible people trying to make some $ by trading BTC and there are full on retards.



3. Post 5249913 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.13h):

Quote from: creekbore on February 20, 2014, 02:30:21 AM
So, being true to form, Bitcoin will do the exact opposite...

Yes, whatever happens, Bitcoin is always going to be one of man's most counter-intuitive inventions.

^ this, I am actually on the verge of shorting btc, just because everyone else thinks it is going up like crazy.



4. Post 5427129 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.22h):

Quote from: samson on February 28, 2014, 02:24:49 PM
With MtGox, Bitcoinica and all the other hacks and large scale rip offs like the 'pirateat40' incident which have happened over the years I suspect about 10% of the Bitcoin currency is stolen property.

Trading in stolen property is illegal. This is good enough to outlaw exchanges in my opinion and I suspect governments around the world will use this against Bitcoin.

It will be forever tainted by this huge amount of stolen coins.

When people finally trace some of their missing coins to a US corporation I can't wait to see the lawsuits start rolling in by people wanting their coins back, especially those who lost thousands of coins.

The best thing is, we're just getting started - this will happen again and again.

How do you think the Rothschilds got their money?



5. Post 5479240 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.23h):

Quote from: mmitech on March 03, 2014, 09:34:53 AM
see I am watching the bids increasing where the fuck this money came from ??!!!! was it all waiting out of the order book ? is it money that came today to exchanges ? I am so confused...

Well maybe it is someone (most probably the same guys pretending to be bears on this forum) who is longtime bullish on bitcoin and has lost his btc on mtgox. His funds might finally have arrived at the exchanges.



6. Post 5479276 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.23h):

Quote from: dreamspark on March 03, 2014, 10:07:36 AM
see I am watching the bids increasing where the fuck this money came from ??!!!! was it all waiting out of the order book ? is it money that came today to exchanges ? I am so confused...

Well maybe it is someone (most probably the same guys pretending to be bears on this forum) who is longtime bullish on bitcoin and has lost his btc on mtgox. His funds might finally have arrived at the exchanges.

You being serious? You really think someone who just lost a significant amount of money on gox just turns around and drops 2 mill on some more coins?

As long as there is a big profit potential why not? Sunk costs are sunk.



7. Post 5504801 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.23h):

Quote from: Solarstorm75 on March 04, 2014, 02:00:20 PM
Any recommendation on what is the most trustworthy place that also trades alts like LTC and PPC?

dunno about PPC but you can trade LTC on kraken.com

Full Ack! Kraken.com is excellent.
[/quote]
Indeed props to Kraken being such a quality platform.



8. Post 5505108 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.23h):

Quote from: soullyG on March 04, 2014, 02:16:07 PM
Indeed props to Kraken being such a quality platform.

Do Kraken require verification if you only trade between crypto-currencies? It's one of the reasons I currently use BTC-e, but with all the problems people have reported with deposits/withdrawals I'm looking for a new exchange - have been looking at Bter but their website doesn't fill me with confidence...

For as far as I know they dont. Verification is generally there because of anti money laundring laws.



9. Post 5505127 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.23h):

Quote from: uhoh on March 04, 2014, 02:19:03 PM
Indeed props to Kraken being such a quality platform.

Do Kraken require verification if you only trade between crypto-currencies? It's one of the reasons I currently use BTC-e, but with all the problems people have reported with deposits/withdrawals I'm looking for a new exchange - have been looking at Bter but their website doesn't fill me with confidence...

You only need Tier 1 Verification to trade DC's on Kraken. I'd stick with BTC-e. I know everyone is shouting from the rooftops about how BTC-e are the next exchange to go. What they forget, however, is that BTC-e have proved themselves over the years. MtGox were -always- a joke.

Well I had only good experiences with btc-e until last week when I tried their btc-e code thing. Code was redemeed before I could use it and thus my money was gone. Customer support seems like a buch of trained monkeys, who have yet to be trained in English.



10. Post 6049681 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.32h):

Personally I dont think the decline is over yet, Huobi will come with a statement that confirms the PBoC news. Don't be fooled, Chinese people have a way other culture when it comes to communication than most westerners.  



11. Post 6052203 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.32h):

With Chinese news you always have to read between the lines.



12. Post 6054278 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.32h):

Everybody ready for the next decline in price after this bull-trap?



13. Post 6068058 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

I am a true believer too and I believe that 450-460 is a great time to short.



14. Post 6068480 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

And here we go again, get ready to buy back in at around 370-375$ for the next bull trap.



15. Post 6068646 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: ShroomsKit on April 04, 2014, 01:22:19 PM
And here we go again, get ready to buy back in at around 370-375$ for the next bull trap.

You missed your way too low buy order?

I didnt miss anything, I just shorted at 453$.



16. Post 6068799 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: seleme on April 04, 2014, 01:30:07 PM
OKCoin confirmed bank ban

Quote
"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

What a surprise, the Chinese exchanges have been lying about their banks being OK.....



17. Post 6068841 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: fonzie on April 04, 2014, 01:34:43 PM
OKCoin confirmed bank ban

Quote
"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Thanks for the update.

When will Bobby Lee and Huobi admit it? They should stop fooling the whole community.

Maybe your fifth of April prediction will come true  Grin



18. Post 6068959 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: fonzie on April 04, 2014, 01:42:25 PM
OKCoin confirmed bank ban

Quote
"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Thanks for the update.

When will Bobby Lee and Huobi admit it? They should stop fooling the whole community.

Whats more strange is why they always release statements at trend-line convergence.   I said yesterday the top on Huobi would be 2797.   We made it just short at 2789.  But just before we got there, this "new" news.  

All the news from Chinese exchanges has come at very dubious times.  

I thought the same, this can be no coincidence, exact the same chart pattern happens twice within days, getting triggered by ban news...

Huobi is just pissing about with the market, this last little rise was a bunch of BS created by a bunch of fake volume.



19. Post 6069156 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: podyx on April 04, 2014, 01:58:19 PM
Going down or a good buy opportunity? thoughts?
Sell?



20. Post 6069324 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

The pump back up running out of steam?



21. Post 6070577 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Really loving all the bulls who are in such denial.  Kiss



22. Post 6072696 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: fonzie on April 04, 2014, 05:52:25 PM
Talkin about "priced in". MtGox believers bought coins on bitcoinbuilder and sent money until the last minute(their website went down).
The price didn´t really crash until they announced bankruptcy altough it was obvious to anyone with two brain-cells what is going to happen.
The same sentiment is present right now, a lot of people believe that PBOC will suddenly change their attitude, and out of the dark fairy whales appear and buy the price up to 1000(000)$, just because China might eventually not get banned 100%.
I don´t believe that the common chinese trader is smarter than the western ones, and so most of them will trade(and even sent fresh money) until the last minute till they realize that it´s suddenly too late to get money or coins out.
Bitcoiners are often in denial, we will know the true china-free price when they have completly shutdown their service.
Price is again (probably) artificially being upheld by your favorite whales. I assume that a lot of people that are truly in the know are
cashing out as much as possible without crashing the price too much. The 400$ support has been built to vreate an atmosphere of safety for the traders(pigs). "Cause hey, 400$ it must be the bottom we bounced of that 3 times before, so let´s buy all those cheap coins
it´s basically free money"

Free lunches are everywhere, especially in bitcoinland.



23. Post 6075668 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: podyx on April 04, 2014, 09:51:52 PM


Is that the Columbia?



24. Post 6075914 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Price isn't moving a lot, but check those buy walls, they are dropping like flies.



25. Post 6075942 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: billyjoeallen on April 04, 2014, 10:17:53 PM
You could buy 1000 BTC right now and price wouldn't be any higher than it was eight hours ago. I hope you do. I wish I had sold more back then. 

Well if you bought below 100$ you still made a killer profit, which many traders will be jealous of.



26. Post 6081136 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

On Huobi the buy walls are slowly disappearing, while the sell walls are increasing. Personally i think Huobi is just giving their Chinese investors an option to get out without too many losses.



27. Post 6081188 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: fonzie on April 05, 2014, 10:10:38 AM


THE HUGE RED CANDLES THAT WILL APPEAR UNTIL MONDAY WILL JUMP RIGHT OUT OF THE SCREEN INTO EVERYONES FACE!



Let me quote that for anyone who has got you ignored  Roll Eyes



28. Post 6081211 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: Davyd05 on April 05, 2014, 10:19:26 AM
On Huobi the buy walls are slowly disappearing, while the sell walls are increasing. Personally i think Huobi is just giving their Chinese investors an option to get out without too many losses.

You mean all the high volume Chinese exchanges?


Do you know what is happening behind the scenes of these exchanges?



29. Post 6090698 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Leverage shorting now would not be a bad idea imo.



30. Post 6094964 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

While watching bitcoinwisdom I had to think about this song https://www.youtube.com/watch?v=WIUAC03YMlA



31. Post 6095023 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: billyjoeallen on April 06, 2014, 11:15:21 AM
Gentlemen, let me spell it out for you: If you market buy into this fool's rally, I will take your money. I didn't put my life savings into the riskiest investment in the world three years ago to have a bunch of johnny-come-latelys hop on the gravy train at the last minute and ride for free. Put in lower bids, help me defend the $400 wall and earn the right to be bitcoiners. You'll save money, and I won't have to dump the coins I bought for $10 on your heads.



Why defend a 400$ wall and become a Bitcoiner? Why would you even give a shit about so called fellow bitcoiners, you were smart enough to buy in at 10$, made a killer profit, that you just have to lock in. Imo sell your stash  buy a new house/car/whatever and enjoy an early pension.



32. Post 6095123 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: GreekGeek on April 06, 2014, 11:44:16 AM
Gentlemen, let me spell it out for you: If you market buy into this fool's rally, I will take your money. I didn't put my life savings into the riskiest investment in the world three years ago to have a bunch of johnny-come-latelys hop on the gravy train at the last minute and ride for free. Put in lower bids, help me defend the $400 wall and earn the right to be bitcoiners. You'll save money, and I won't have to dump the coins I bought for $10 on your heads.



Why defend a 400$ wall and become a Bitcoiner? Why would you even give a shit about so called fellow bitcoiners, you were smart enough to buy in at 10$, made a killer profit, that you just have to lock in. Imo sell your stash  buy a new house/car/whatever and enjoy an early pension.

because unlike most of you there are some people that truly believe in the bitcoin protocol.


Isnt this the speculation sub-forum?

speculation
ˌspɛkjʊˈleɪʃn
noun
noun: speculation; plural noun: speculations
1.
the forming of a theory or conjecture without firm evidence.
"there has been widespread speculation that he plans to quit"
synonyms:   conjecture, theorizing, hypothesizing, supposition, guesswork; More
gamble, venture, risk;
gambling;
investment;
informalspec;
informalflutter;
archaicadventure
2.
investment in stocks, property, etc. in the hope of gain but with the risk of loss.
"the company's move into property speculation"



33. Post 6095681 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: tarmi on April 06, 2014, 12:41:10 PM
some serious dumping on houbi. closing another bull trap?

No it is a bear trap, just look at the previous patterns, they are all bear traps.



34. Post 6096147 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.33h):

Quote from: octaft on April 06, 2014, 01:30:19 PM
So I take it you are suggesting that just a day or two ago, you were not shouting to the rafters about how bearish the sentiment is?

sure, I see that the bears are crowding the place. I wasn't shouting to the rafters, but nobody liked it, put it that way.

There are bulls like me, that have expected a $500-800 correction, and in general 50% retracement of all the previous bubbles. do you think it is bearish that the winkelvii are holding? the measure is about the number who have changed to bearish. I guarantee you there will be bulls here when the rocket takes off again, be it in a year, or two years.

How do you know the reason they're holding isn't simply because they can't find buyers for all that they've got? How do you know this fund they're starting isn't designed as a way to help them get out without collapsing the market? Neither of us know, but I find the fact in and of itself to be neither bullish nor bearish.

Why would you ever think they are in it for the money, they are obviously in it because they are real bitcoiners. Their families have made millions by just investing in something for humanitarian reasons.



35. Post 6107442 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: JayJuanGee on April 07, 2014, 09:42:18 AM
Oh God, i just checked the amount of my posts and it says 1540, that´s depressing, really.
Well 4 more weeks and i´ll be gone.

I did NOT know you were suicidal?   Grin   Seemed like you were having so much fun with you FUD making.

The bulls on this thread will be in 4 weeks.



36. Post 6109909 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: jonoiv on April 07, 2014, 12:57:48 PM
255 day cycle?
*snip*
edit: it take about 6 months to deflate from last bubble then 2 months for stabilisation and 1 month to initiate bullrun = about 9months cycles. the key is being patient. yeayyy Cheesy

Discussion here
http://www.reddit.com/r/BitcoinMarkets/comments/1z3m1z/a_look_at_four_bubbles_pricelog_linear_fit/

They are talking about a peak of $6000.

That would mean the market cap would need to move from 5.5 billion to + 75 Billion.   Who is going to fund this ?  Because I'm not and I doubt the whole bitcoin community "all in" could fund 75 billion.  

So where does the new investment come from ?

13 times it's current price, needs 13 times as much money.  Who is going to fund your dream before you dump your nice 13 x profit?

EDIT:  im not talking at you specifically, but at the people in this link you sent.


It would need way more than 13 times as much money, you are forgetting that the BTC supply is still increasing. Money needs to be pumped into the BTC eco system for it to maintain its price, therefore if money is withdrawn from this system, the price will drop more rapidly than if the same amount of money was injected into it. This is why these so called BTC bulls (read: people who got in early and want to dump massive amounts of BTC at a good price) keep telling people to hodl.
Those are the same people who are pitching BTC to stupid money, saying that the dollar is inflationary etc., well atm the BTC is more inflationary than the USD.



37. Post 6110140 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: Voktar on April 07, 2014, 01:40:55 PM
So some people where screaming the last $266 bubble that Bitcoin had no infrastructure to maintain this price, and now, that this year infrastructure is increasing and there are few Bitcoins than ever for sale some people are screaming too... because?

This year has been a fantastic year for Bitcoin (not for this price thougt), but infrastructure is more strong than ever and increasing, this is intrinsic value too, VC and Angel Investors than believe clearly see a great potential, USA has regulated BTC the same as gold, so... are we going to $0? a multiyear bear market? Seriously?  Grin Grin Grin

I'm bullish! And Hodling!





I agree that the bitcoin infrastructure is way more mature than it was a year ago. Thing is though that most companies accepting bitcoin do so by using Bitpay, this way the bitcoins spend for certain services/goods will have to be sold again on the market making the net increase in the demand for bitcoin as a result of more companies accepting bitcoin near zero.



38. Post 6110326 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: dreamspark on April 07, 2014, 01:53:01 PM


It would need way more than 13 times as much money, you are forgetting that the BTC supply is still increasing. Money needs to be pumped into the BTC eco system for it to maintain its price, therefore if money is withdrawn from this system, the price will drop more rapidly than if the same amount of money was injected into it. This is why these so called BTC bulls (read: people who got in early and want to dump massive amounts of BTC at a good price) keep telling people to hodl.
Those are the same people who are pitching BTC to stupid money, saying that the dollar is inflationary etc., well atm the BTC is more inflationary than the USD.

Your wrong in your thinking. Theoretically you hardly need any new capital to create a higher price and/or higher market cap. This is due to how many coins are actually on sale at any one time.


It is exaggerated in coins that have a larger number of total coins. This is due to market cap being last price x coin supply. For example NXT has 999,997,096 coins that means for every dollar rise in price the market cap rises $999,997,096 dollars. People bitched about the same thing with Quark and the amount of coins it has that artifically inflated its market cap.

In the case of BTC if everyone but one guy took their coins from the ask side and one guy put his coin up for sale at $10,000. Once somebody buys that coin the last price of BTC is $10,000 and the market cap is $126,163,250,000. All that with just $10,000.

This is exactly my point. This is the reason why certain people are trying to convince people to hold (holding will keep the coins out of circulation), thus making it easier for the price to increase. However I do not believe people get into bitcoin to hold. People get into bitcoin because of the wild stories they have heard of people becomming millionaires within a few years. Once this optimism wears off people will start to realize that they wont become rich holding bitcoin and will sell their stash.



39. Post 6111085 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: billyjoeallen on April 07, 2014, 02:37:35 PM
Ok, price is roughly stable at $455. What this means is that there is only ~ 65% as much new money coming into bitcoin as there was when price was 53% higher. How is that not extremely bearish? People should be jumping on these cheap coins if in fact they are cheap. This is just another pit stop on the way down, which I HOPE is ~$400 and could easily be lower.

The main arguments on this thread are between those of us who want it to go lower to buy more and those of us who are expecting another choo choo. This can't be capitulation. Where are the guys wanting to cash out for good? Until they all leave, we can't have a recovery. I've been through many points of maximum pain and this is not it. Not even close.

How about those that are leveraged short, would they not want to see the price go to 0$?



40. Post 6111699 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Can someone please post a picture of a train with choo choo written underneath it, it seems we are finally choo chooing.



41. Post 6112084 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: podyx on April 07, 2014, 03:48:17 PM


Crazy to think paper in your wallet can be worth anything, don't even have to go look for it, its printed...  The world is so wacky.

Yes,paper  money  are the sign of value, of work.
For example you work as engineer and design new car. You get paid. This is the reward for you work.
You  go to the supermarket and buy some bread.  The money you pay  serve as the reward for  farmers, driver, workers at the  market, tax etc.
The paper money DO have real value, so to say the real Proof of Work;)

In comparison  to BTC, which is some real random numbers. So everyone  can wank on sofa while mining  "money". That would contribute so much to our society.... Roll Eyes
Why work at some hard and dirty jon, if you can buy yourself a rig, and do nothing.

you are pretty fucking slow, aren't u?

teachers must of mumbled something about how special you were when you was little, am i right?

You can say a lot, but his response is kind of funny. Grin



42. Post 6112434 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: jonoiv on April 07, 2014, 04:10:54 PM
https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev... game over man, game over. Single digits by Friday.

So he's thrown in the towel, but tries to make it look planned!

No wait you have to put it in perma-bull words

Quote

He, almost had me for a second.

Thanks for the link, though. This is (long term) pretty good news: Gavin is vastly overqualified as a glorified coding monkey, so him taking a more 'abstract' stance on Bitcoin development is long overdue, imo.


 Grin Grin Grin Grin Grin Grin



43. Post 6112624 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: chromosoma on April 07, 2014, 04:21:15 PM
Nothing happening over the weekend. Then a minor, but noticeable drop and the market is still quite stable. Doesn't look like everyone's struck by fear...
Stable? on what part of this chart  the market is stable? Roll Eyes Roll Eyes



Actually going down for a long time is very positive, this means that whatever bitcoins I have left to sell are now worth less USD and I hate USD. Gogogoggog Bitcoin.



44. Post 6117656 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

I think current dump strategy is to bore everyone to sleep with no volume and then out of nowhere dump. Roll Eyes



45. Post 6118347 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Seems like there is lots of buying pressure stopping the price from dropping, I would guess the bottom has been reached then and I will have to close my shorts.  Cry



46. Post 6122538 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: ShroomsKit on April 08, 2014, 09:11:15 AM
Some idiots panic sold already...

Where is the rest of the idiots when you need them to panic sell some more?



47. Post 6123188 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: fonzie on April 08, 2014, 10:10:48 AM
What's up with delay of Huobi's trading feed

What delay, mine is up to date, actually @ 1245CNY

If only that was true  Grin



48. Post 6128192 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: dreamspark on April 08, 2014, 12:17:45 PM
Looks like bter is accepting CNY deposits although Im not sure what the deposit screen said before it now says that RMB recharge mode is fixed and gives an address of bters bank. Strange ehy, getting an account just before the 'immenent' shutdown...



The thing weird about this message is that they write temporarily fixed. Personally if I was in charge of communications of an exchange and we had just fixed the problem forever and would have no info that there would be regulations coming I would communicate that it has been fixed forever.
Imo this looks like a way for them to allow people to withdraw their funds in such a way that the PBOC can have insight into the amount of money people have on the exchanges, before they  ban the whole thing.



49. Post 6138062 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: KFR on April 09, 2014, 09:23:55 AM
I tried to find recent news from China by Googling  "04月09日" "比特币" and using Google Translate.  I cannot tell for sure, but it seems that they are still uncertain about the bank account closure on April 15; no denial, no cofirmation from the PBoC.

However MtGOX is still regularly mentioned in the Chinese bitcoin news.  It seems that the Central Bank of Japan too declared that bitcoin is not a currency.  (But please check, I may have misunderstood, or the news may be old.)

http://www.btc798.com/article-3526-1.html

Huobi making like the Internet or Bitcoin itself and routing around the damage? Wink



So basically they are going overseas because the 15-04 ban is real? (This is a genuine question as the translation is hard to understand.)



50. Post 6139276 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: billyjoeallen on April 09, 2014, 11:30:26 AM
Also note there are no 1,500BTC bid walls accumulating coins this time.

no one is interested in the 500BTC wall on btc-e tho.

volume is low because we accumulated so many god damn hodlers invested for the future.

don't expect them to all panic sell at once because china banned bitcoin 5 times in april.

http://www.youtube.com/watch?v=NG1qooBzE2w&feature=share&list=PL3C264C70646796C4&index=4

December 2013  - oh shit!!!!! china bans bitcoin

January 2014  - you know what ?  bitcoin is going to banned in china at the end of January

February 2014  - NEWS FLASH -  china bans bitcoin

March 2014  - guess what china is banning?

April 2014  - fill in the blank---- China is going to ban [______]  come on, you can do it.  guess.

December 2013 oh shit!! Mt Gox is insolvent!

January 2014 you know what? Mt Gox is going to be insolvent at the end of January

February 2014 - NEWS FLASH- Mt Gox is insolvent

February 28 - We regret to inform you that due to rumors, we are temporarily suspending deposits...

^ This is exactly how I think the whole China thing will go down, exactly the same as the Gox drama.



51. Post 6139299 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: magicmexican on April 09, 2014, 11:27:39 AM
huobi on the dump

Hope this time the price will finally plunge.



52. Post 6139347 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: dreamspark on April 09, 2014, 11:43:50 AM
$446 wall guy on BTC-e is doing some nice accumulation.

Yes everything is just positive, no one is selling on Huobi everyone is just increasing their holdings, BTC going to the moon. Roll Eyes



53. Post 6139408 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: dreamspark on April 09, 2014, 11:49:10 AM
$446 wall guy on BTC-e is doing some nice accumulation.

Yes everything is just positive, no one is selling on Huobi everyone is just increasing their holdings, BTC going to the moon. Roll Eyes

Its okay, close your shorts, you'll sleep better.

Your mom wont let me close my shorts Grin



54. Post 6139828 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Seems like a lot of people buying on Huobi (probably wall street), people must be realizing that the downtrend will be reversed soon. Within a few months price will be at 100k $ per bitcoin, I am holding and buying.



55. Post 6139861 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: jonoiv on April 09, 2014, 12:23:09 PM
Unless this is an insider move, or a news driven move, this is just gonna be a boring ping pong night. with or without the macd.


Are you sticking your head in the sand because you dont want to see that the trend will be reversed soon?



56. Post 6139935 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

Quote from: jonoiv on April 09, 2014, 12:25:59 PM
Seems like a lot of people buying on Huobi (probably wall street), people must be realizing that the downtrend will be reversed soon. Within a few months price will be at 100k $ per bitcoin, I am holding and buying.


Lolol   Grin

just checking... you're being sarcastic ... right?

EDIT: dude is serious Cheesy

thats the funniest thing I ever read...


"people buying on Huobi (probably wall street)"


how exactly are they funding this?  how will they deposit their money?   Is King Mansa Musa buying too Cheesy Cheesy Cheesy Cheesy Cheesy



Sorry I am just having a blast here with the bulls.



57. Post 6142708 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.34h):

What is weird though is the low amount of sell orders on huobi compared to the buy orders and still we are going down.  Huh



58. Post 6152717 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

Quote from: magicmexican on April 10, 2014, 07:53:16 AM
bear trolls are suspiciously quiet, bought back?

This seriously has to be the funniest comment ever, btw I have a house and a car to sell to you.



59. Post 6152917 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

Quote from: FelixO on April 10, 2014, 08:27:02 AM
What's this, the 'rebound'?  Cheesy

Trying to shake out the shorters  Tongue



60. Post 6152990 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

This rebound is probably caused by western traders going into btc to move their funds to another exchange.



61. Post 6153161 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

Quote from: FelixO on April 10, 2014, 08:52:56 AM
People whats going on?

We are close to 400 and there is no volume at all! Do something!

Not wanting to crash the price at once is what is going on.



62. Post 6157383 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

As soon as there is some volume on Huobi we are going down, if that isnt bearish I dont know what is.  Roll Eyes



63. Post 6157470 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

Did Huobi just break the magical 400$ barrier again?



64. Post 6157738 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

Quote from: ShroomsKit on April 10, 2014, 03:05:41 PM
Lol, so many optimists here:))

BTC was once a good place to speculate and make money:) That is the only good thing BTC was good for. Forget the ideology about  free money etc.
But now china is exiting, and who esle is left? A bunch of optimists...

Bitcoin will fall to 20-50 Dollar and remain there for long long time, for eternity for example:)

So what are you still doing here?

He is here to talk about BTC price speculation. The topic says "wall observer" not "church of BTC, where only religious BTC fanatics are allowed to give their opinions".



65. Post 6157813 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

looooooooooooooooooooooooool at the 400$ buy wall. Any of you bulls care for a free bag?



66. Post 6157965 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

Quote from: magicmexican on April 10, 2014, 03:23:45 PM
The timing is very very weird. Unless some big news will come up in the next 3-5 hours. If nothing will come up, i will be left puzzled as fuck

I think you will get an answer indeed in the next 3-5 hours.



67. Post 6158107 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.35h):

Quote from: ShroomsKit on April 10, 2014, 03:30:05 PM
So i take it the bears are completely happy now? Like it's a total party and they are buying tons of coins....or....are you waiting for cheap coins at 280?
And of course when we are at 280 there are cheap coins...at....you guessed it...180! But why buy there when there are cheap coins at.....50!!

You just dont want to get it do you? Most people here are shorting....   Wink



68. Post 6169824 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Who else is going to short after the upcoming bulltrap?



69. Post 6169877 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: yrtrnc on April 11, 2014, 09:45:38 AM
Are we bullish or bearish' whadfuk





I am still bearish, but not as convinced as I was yesterday.



70. Post 6170118 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Shorting now, a good or a bad idea?



71. Post 6170175 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: TERA on April 11, 2014, 10:12:38 AM

Sarcasm?



72. Post 6172313 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Short squeeze over?  Huh



73. Post 6172392 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: TERA on April 11, 2014, 01:29:02 PM
Bitstamp stuff are behaving a little bit strange :

https://twitter.com/Bitstamp/status/454601576007864320




mmmm so Why ? they never did that before !!!
It's highly concerning that apparently Bitstamp is showing willingness to manipulate the market given the role they play., because we don't know if there is any real foul play behind the scenes. MtGox once did the same with a similar statement in a press release. I deemed them somewhat more professional than MtGox, but perhaps I was wrong.

At least MtGox have stated that they would disallow their employees from insider trading, but I have not heard anything like that from Bitstamp.

I agree. This is unprofessional.

what is unprofessional.. the fact that China's news was used by manipulators to spread fear mongering  and failed miserably?



This has nothing to do with China news. It has to do with Bitstamp implying investment advice, and how that is unprofessional. In the real world, it would even be illegal. Imagine what would happen if a stock exchange started telling its customers to buy a stock.

HOWS is THIS INVESTMENT ADVICE? I've heard to the moon more often as joke from bears to kid at us now .. man you guys and girls take some shit so serious while just avoiding everything else of a similar nature which is actual fraud and manipulation LOOOOL enjoy being thumb suckers.
If they say "to the moon", it implies that they are very confident in an upwards price movement and that their customers should buy. Even if you think it's a joke, other people might not. In the real market, it would illegal to even make such a vague reference and you would be potentially liable if a customer were to trade based on your statements and lose. It's also simply not the way that a business should communicate.

What is the with the caps, profanity, and emotions? I did not use any of that.

It means that the coins bought on Huobi in the last rally are finnaly flowing into their exchange and that a crash is imminent.



74. Post 6172463 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: Mythul on April 11, 2014, 01:33:51 PM
Ok guys, speculation on when the 3rd China ban will happen ?

This is exactly like the ban from December. Mass panic, then nothing happened and we rally.

Only difference is the fact that some Chinese banks actually closed accounts.



75. Post 6173627 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Boring slow rise before weekend panic  Cry



76. Post 6174072 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: Threebits on April 11, 2014, 03:45:03 PM
I do not see Chinese exchanges will be closed by deadline of April 15, or 18th.

Why is that? We must read pboc properly. The director of pboc says bitcoin is a kind of asset. This implies they have no right to ban bitcoin. Indeed, how one can ban an asset, which is claimed legimatated to own?

However, the pboc has right to forbid his currency, rmb yen to link with bitcoin. This what they are doing.

They are doing links cut, not bitcoin ban. The deadline is for links cut, not for bitcoin ban. This is important to read, methinks.

Because of above, the Chinese exchanges won't be closed, they can legally operate, as far as I see. Indeed, what excuse the Chinese government would generate to close the exchanges, while bitcoin is claimed a legal asset for own and trade?

This is something like, I have no right to kill you, but I have right not to supply you water, as this is my water.

It would be interesting to see how the exchanges operate with rmb yen link cut.

From the claim of Huobi and okcoin of today, they both have same solution.

One,  due to links cut through banks, they can do prepaid card. I read such prepaid card is like Q coin. One buys the card, which give you a code. With the code, one Stricketly speaking, I feel it is still a third party pay? It's difficult for me to read but I know when we Chinese say third party pay, we mean  payment processor like Alipay, which is of course different from Q coin. Can anyone give further explanation of the Huobi and okcoin's prepaid card?

Two, for the last solution, both Huobi and okcoin has registered oversea exchanges. Both claim if prepaid card doesn't work, or exchanges has to be closed, all the coins they have now will be moved to the new oversea exchanges. This is indeed a comfor for their clients.

Can anyone tell me why pboc cut the links between rmby yen and bitcoin, while they confirm bitcoin is a legal asset for own and trade? Wired, isn't it?

Because they want to control the money flowing in and out of China. One of the major benefits of Bitcoin is that it is almost anonymous, which ofcourse the Chinese government does not like very much.



77. Post 6186142 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Anyone else feel like there will be another leg down coming up by the end of the weekend?



78. Post 6187355 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: fonzie on April 12, 2014, 03:47:08 PM
How high will 11000 liquidated shorter BTC send us with such a small orderbook?

Why do you think they will liquidate?



79. Post 6187459 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: fonzie on April 12, 2014, 04:08:59 PM
How high will 11000 liquidated shorter BTC send us with such a small orderbook?

Why do you think they will liquidate?

Cause the ones that have open short position will have to close them it if we should go near 500$, or they would get squeezed because their required margin would probably no longer suffice. I assume most of them the open shorts were made around or below 500$.
We saw that the last time when we had the large candle to 710$,during that time the market was also heavily shorted, i don´t have the exact numbers. But 11,197 BTC liquidated(or say 60% of it) in combination with such a small ask side, would sent the price easily 100-150$. up.
Of course the price can likely crash afterwards again.
If one whale buys now 3000BTC with an market order, al lot of stop loss would get triggered and so he could resell those 3000 for much higher price.

But first the price has to get to 500$ though.



80. Post 6187575 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.36h):

Quote from: John999 on April 12, 2014, 04:17:23 PM
13 millions USD swaps = 30000 BTC at current price. So longs still outnumber shorts by a factor of 3.

Where do you find these numbers?



81. Post 6197847 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

I personally think that we will go lower over the next couple of hours. China exchanges will still be put out of order and there is not much new money coming into bitcoin.



82. Post 6198080 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Chinese hitting DDOSing the western exchanges, they dont want them to lead the dump again. Grin



83. Post 6198323 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: EuroTrash on April 13, 2014, 01:33:39 PM
Chinese hitting DDOSing the western exchanges, they dont want them to lead the dump again. Grin

Lol! In that post about Huobi on bitcoinblog.de, the Chinese author wrote something about the Chinese bitcoiners being annoyed with western FUD.


So you think I am spreading FUD when I am saying that it is probably some Chinese network DDOSing the exchanges? I have ran a pool for some altcoins and the amount of Chinese botnets is simply incredible.



84. Post 6198421 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: niothor on April 13, 2014, 01:51:53 PM
Chinese hitting DDOSing the western exchanges, they dont want them to lead the dump again. Grin

Lol! In that post about Huobi on bitcoinblog.de, the Chinese author wrote something about the Chinese bitcoiners being annoyed with western FUD.


So you think I am spreading FUD when I am saying that it is probably some Chinese network DDOSing the exchanges? I have ran a pool for some altcoins and the amount of Chinese botnets is simply incredible.

Second that.
That great firewall of china is full of wholes and aimed wrongly Smiley.

What might even be more probable is that someone is moving a big amount of coins from Huobi to stamp and btc-e to dump and wants to make sure that while transferring the coins the price does not drop.



85. Post 6198541 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: EuroTrash on April 13, 2014, 02:00:13 PM
Chinese hitting DDOSing the western exchanges, they dont want them to lead the dump again. Grin

Lol! In that post about Huobi on bitcoinblog.de, the Chinese author wrote something about the Chinese bitcoiners being annoyed with western FUD.


So you think I am spreading FUD when I am saying that it is probably some Chinese network DDOSing the exchanges? I have ran a pool for some altcoins and the amount of Chinese botnets is simply incredible.

I don't recall saying that. Actually I see it as a possibility.
You interpret my words, guess what I am thinking and get angry with me.
Are you a woman?

<3 Cheesy

I am in no way angry with you, I was just asking if you consider my post as being fud, getting angry over posts on a forum would be the stupidest thing to do imo.



86. Post 6198652 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: EuroTrash on April 13, 2014, 02:08:43 PM
Chinese hitting DDOSing the western exchanges, they dont want them to lead the dump again. Grin

Lol! In that post about Huobi on bitcoinblog.de, the Chinese author wrote something about the Chinese bitcoiners being annoyed with western FUD.


So you think I am spreading FUD when I am saying that it is probably some Chinese network DDOSing the exchanges? I have ran a pool for some altcoins and the amount of Chinese botnets is simply incredible.

I don't recall saying that. Actually I see it as a possibility.
You interpret my words, guess what I am thinking and get angry with me.
Are you a woman?

<3 Cheesy

I am in no way angry with you, I was just asking if you consider my post as being fud, getting angry over posts on a forum would be the stupidest thing to do imo.

"I am in no way angry with you, I was just asking" that's what my girlfriend says when she's pissed off.
Cheesy
Sorry, just messing, I am bored  and feeling a little stupid.

Damn, I guess you are on to me now, how did you know I was your girlfriend?



87. Post 6198765 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: roslinpl on April 13, 2014, 02:24:53 PM
I want to see bitcoin under 400 mark  till the end of this day.!

So sorry if you want cheap coin your time is over a few days ago.  :-) I predict price will stay above 400 till tomorrow and then we will remind October :-)

Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up?



88. Post 6198843 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: niothor on April 13, 2014, 02:31:53 PM
I want to see bitcoin under 400 mark  till the end of this day.!

So sorry if you want cheap coin your time is over a few days ago.  :-) I predict price will stay above 400 till tomorrow and then we will remind October :-)

Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up?

Because most of the times bitcoin acts just the reverse of the predictions everybody is making Smiley

But you cant just ignore the fact that 2h MACD crossing has predicted the last 3 dumps.



89. Post 6198988 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: roslinpl on April 13, 2014, 02:42:56 PM
I want to see bitcoin under 400 mark  till the end of this day.!

So sorry if you want cheap coin your time is over a few days ago.  :-) I predict price will stay above 400 till tomorrow and then we will remind October :-)

Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up?

Just a feeling. we have a weekend before 15th ... people made already some panic during a week when China was dumping.

Now everything seems to be going back to normal tracks, as I see a ++ for a hashrate and I just feel that next week we will get easly +100$.



First we will have a big dump before 12pm Chinese time.



90. Post 6199080 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

The big question now is "Will we see below 340$ on the incoming dump?"



91. Post 6199122 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: roslinpl on April 13, 2014, 02:56:42 PM
I want to see bitcoin under 400 mark  till the end of this day.!

So sorry if you want cheap coin your time is over a few days ago.  :-) I predict price will stay above 400 till tomorrow and then we will remind October :-)

Lets just forget abou the 2h MACD predicting a massive dump multiple times in a row, what makes you think we will go up?

Just a feeling. we have a weekend before 15th ... people made already some panic during a week when China was dumping.

Now everything seems to be going back to normal tracks, as I see a ++ for a hashrate and I just feel that next week we will get easly +100$.




First we will have a big dump before 12pm Chinese time.

I don't really think so but time will show Smiley


All I can say that it is not looking good atm. Just wait for some buy walls to be pulled and down we go again.



92. Post 6199160 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

I am also wondering if this time there will be the same buy support or that people will be more reluctant to buy in again, I think the latter will be true.



93. Post 6199504 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: Davyd05 on April 13, 2014, 03:20:43 PM
We are entering the despair phase, I seriously doubt we'll see the 200s, I hope I'm right. That would hurt.

I personally think we're exiting despair. However that is because I've always been unafraid of China, nor do I day trade so I don't have to debate weather they tell the truth or string people along lol

Well it is obvious that they are stringing people along, because we went from "everything is fine" to "3rd party processors have been banned" to "Some bank accounts have been frozen, but we will stay in business", the next stop will be "We are very sorry but we cant keep operating with the restrictions in place".



94. Post 6199610 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: Davyd05 on April 13, 2014, 03:30:00 PM
We are entering the despair phase, I seriously doubt we'll see the 200s, I hope I'm right. That would hurt.

I personally think we're exiting despair. However that is because I've always been unafraid of China, nor do I day trade so I don't have to debate weather they tell the truth or string people along lol

Well it is obvious that they are stringing people along, because we went from "everything is fine" to "3rd party processors have been banned" to "Some bank accounts have been frozen, but we will stay in business", the next stop will be "We are very sorry but we cant keep operating with the restrictions in place".

Nope your string of events differ from mine,

Dec 5th PBoC decided placing restrictions that hoped it would stop capital flight among other things, which included the 3rd party payment bans.
That has yet to change, and people have purely spread FUD about that one thing for 3 months now.

Tbh I think the Chinese know better than any of the westerners about what is going on and how these things normally come to place in China and if they are not buying then that says enough imo.



95. Post 6199734 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: fonzie on April 13, 2014, 03:41:09 PM


You gonna catch bears or bulls with that?



96. Post 6208838 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: ChrisML on April 14, 2014, 06:57:25 AM
Bitcoin rises  to fall again very soon. Maybe it is just an epic dump strategy before the chine exit?Wink

Where are you? Noob.

Fonzie, where are you? Short much, I suspose.

Just shorted at 445$, we shall see where this ends up.



97. Post 6209150 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: mooncake on April 14, 2014, 07:35:53 AM
To all shortists:

It is creeping up now. Please heed my advice and buy in. It makes me sad to know that you are losing money when you can do something about it.

To all who bought in at 360$, just sell your BTC and lock in your profits.  Cool



98. Post 6210127 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: windjc on April 14, 2014, 09:13:48 AM
What was the reason for this massive buy? The OKcoinATMs ?

Shorts covering. Longs expecting market to rise when all Chinese operations don't cease to exist on the 15th. Longs chasing the 1 day MACD.

This is Custards last stand before we see $270.

A day or so ago, we broke through months long resistance to $340. And we have rallied on no volume.

This is all smoke and mirrors right now.

The only people screaming "bear market over" are those that totally ignore that the technicals are nothing like they were in July 2013.

I'm not saying this is 2011 all over again. But its certainly not 2013 either.

We just have to wait for the bulls, who so dearly are wishing the downtrend does not continue, to give up already.



99. Post 6212480 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Pump price, DDOS other exchanges and profit. Grin



100. Post 6213434 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: Bronstad on April 14, 2014, 01:36:17 PM
LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
a) In 2014, price will visit below 100 = 1%
b) In 2014, price will visit below 200 = 10%
c) In 2014, price will visit below 300 = 15%
d) In 2014, price will visit below 400 = 100% (already happened Apr 13th [yes I'm being pedantic])
e) In 2014, price will visit above 500 =100% (already happened as recent as Apr 1st)
f) In 2014, price will visit above 750 = 100% (Feb 9th)
g) In 2014, price will visit above 1000 = 87%
h) In 2014, price will visit above 1250 =86%
i) In 2014, price will visit above 2000 = 85%
j) In 2014, price will visit above 3000 = 81.432%
k) In 2014, price will visit above 4000 = 60%
l) In 2014, price will visit above 5000 = 55%
m) In 2014, price will visit above 7000 = 5%
n) In 2014, price will visit above 10000 = 1%
/LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS

Want to bet 1 btc that price will not visit above 5000? You have a 5% edge according to your estimations.



101. Post 6213649 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: Bronstad on April 14, 2014, 02:08:25 PM
LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
a) In 2014, price will visit below 100 = 1%
b) In 2014, price will visit below 200 = 10%
c) In 2014, price will visit below 300 = 15%
d) In 2014, price will visit below 400 = 100% (already happened Apr 13th [yes I'm being pedantic])
e) In 2014, price will visit above 500 =100% (already happened as recent as Apr 1st)
f) In 2014, price will visit above 750 = 100% (Feb 9th)
g) In 2014, price will visit above 1000 = 87%
h) In 2014, price will visit above 1250 =86%
i) In 2014, price will visit above 2000 = 85%
j) In 2014, price will visit above 3000 = 81.432%
k) In 2014, price will visit above 4000 = 60%
l) In 2014, price will visit above 5000 = 55%
m) In 2014, price will visit above 7000 = 5%
n) In 2014, price will visit above 10000 = 1%
/LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS

Want to bet 1 btc that price will not visit above 5000? You have a 5% edge according to your estimations.

Nah, there's a 45% chance it doesn't happen until Jan 1st, 2015. Not worth the risk  Tongue

Either you stand by your estimations or you admit they are complete BS.



102. Post 6215648 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: Davyd05 on April 14, 2014, 04:08:35 PM
CCMF   Grin

I guess that's for the 2900cny break on Huoby Cheesy


seems the action is builiding and trying again to break today's resistance point

This is one nasty pump. Cry



103. Post 6217268 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Will be shorting all the way up to 550$



104. Post 6218019 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: stavrosss on April 14, 2014, 06:35:50 PM
Reading about the idiots who regularly loose money , in the previews posts -- there's no wonder . I just realize how simply you can go down , just seeing one exchange tricks . Yes , indeed we are some idiots here who loose money , and others , maybe connected with the exchanges , are laughing at us ! Very impressive business ....for them !   

In a way this is online poker 2.0  Cool



105. Post 6221334 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

And the pump on Huobi continues.. Huh

Edit:
Anyone thinks that Huobi and the other Chinese exchanges are going to be the new mt gox (an exchange with no possibility of getting fiat out)?



106. Post 6228669 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

big bulltrap coming up.  Grin



107. Post 6228700 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

BTC-e price spike was to squeeze the shorts, now we can go down again.



108. Post 6228728 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: dreamspark on April 15, 2014, 10:59:28 AM
BTC-e price spike was to squeeze the shorts, now we can go down again.

Hope you closed your  $445 short before this run...

Closed it at 465 and went long, so I am not rly sad about that.



109. Post 6228886 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: podyx on April 15, 2014, 11:09:22 AM
BTC-e price spike was to squeeze the shorts, now we can go down again.

Hope you closed your  $445 short before this run...

Closed it at 465 and went long, so I am not rly sad about that.



 Grin Grin



110. Post 6228916 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: chessnut on April 15, 2014, 11:10:48 AM
EW analysts: Is this an elliot wave?





I believe so. I could show you the fractals too but It would take some work.

Wouldnt this be wave 3 in a corrective trend?



111. Post 6229080 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

http://www.cnbc.com/id/101583758 Bobby Lee is so full of BS he reminds me of this guy https://www.youtube.com/watch?v=yfAeMtcURg0



112. Post 6229197 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: podyx on April 15, 2014, 11:29:19 AM
http://www.cnbc.com/id/101583758 Bobby Lee is so full of BS he reminds me of this guy https://www.youtube.com/watch?v=yfAeMtcURg0

It's funny that I don't even have to open the article/video to know that Bobby Lee said something bullish lol!

I am just wondering why he is saying that everything is business as usual, while Huobi has published news that a few banks are closing their accounts.



113. Post 6229459 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: chessnut on April 15, 2014, 11:47:52 AM
needs to sell 1.3k BTC to pass 485 on stamp.

You know how quickly buy orders can be pulled right? You have been paying attention during the last dump?



114. Post 6229545 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: TERA on April 15, 2014, 11:52:12 AM
If only I followed by own projections of tops that I made, sometimes weeks in advance, I'd make so much profit, but I'm too chicken to sell into a btc rally. Last year's green candles will never be out of my mind.

Well if you dont do it I will, closing longs and shorting at 500$.



115. Post 6229651 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.37h):

Quote from: Zule on April 15, 2014, 12:01:27 PM
If only I followed by own projections of tops that I made, sometimes weeks in advance, I'd make so much profit, but I'm too chicken to sell into a btc rally. Last year's green candles will never be out of my mind.

Well if you dont do it I will, closing longs and shorting at 500$.
By the looks of you recent posts I would say you are shorting from 440 already.

I am not a seasoned trader (as most of you would have figured out already), so I can be a little impatient at times, especially as there were a lot of mixed signals. I shorted from 445$ to 465$ and then went long. Now I have sold my BTC and will be shorting, which of course is far from proper trading, as the head and shoulder hasnt formed yet, but I like taking risks.



116. Post 6229652 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: TERA on April 15, 2014, 12:03:51 PM
If only I followed by own projections of tops that I made, sometimes weeks in advance, I'd make so much profit, but I'm too chicken to sell into a btc rally. Last year's green candles will never be out of my mind.

Well if you dont do it I will, closing longs and shorting at 500$.
By the looks of you recent posts I would say you are shorting from 440 already.
You make a mistake thinking that every time I make a post, there is some corresponding trade that has been made.

I think he was responding to my post.



117. Post 6229912 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Looks like the charts are giving head atm.



118. Post 6230097 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: TERA on April 15, 2014, 12:35:12 PM
So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Seen as you don't sit in either camp, you are getting it right so often, and your knowlege is superior to almost everyone, I am going to take what you say very seriously from now on.  


how long have you been trading?

I do not claim to be an expert trader or a professional trader.  I have been trading crypto for a little over one year. I also traded penny stocks for three years but did horribly. I am now moving into forex and big board stocks with some of my bitcoin profits.

Is there a way to subscribe to the TERA trading predictions?



119. Post 6230619 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: joburgtaxi on April 15, 2014, 01:13:06 PM
If I was speculating, I would sell now. It can go as low as 405, likely at least 460.

So you've come out of your own thread to do some manipulating here.
The sad part is some noobs here will actually fall for it. They don't realize what a mentally ill narcissistic manipulating troll you are.
For the new guys here any advice this looney offers is for his own gains. I can guarantee you that.

+1 I am starting to suspect the same thing to be honest, was intrigued by his commentary at first but totally see the narcissistic tendency that you are referring to.

And you dont get that feeling when reading Shroomskit replies?



120. Post 6231571 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Lol and Huobi is pulling some more fake trades out of their ass to prevent a slaughter.



121. Post 6234211 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

So now we wait until the so called Chinese wake up again to start trading?



122. Post 6234363 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: EuroTrash on April 15, 2014, 05:12:51 PM
So now we wait until the so called Chinese wake up again to start trading?

We will know soon enough



What I dont understand though is that according to some people there is a massive influx of money from the west into the BTC environment, still we dont seem to be able to start our own rally on one of the western exchanges.



123. Post 6238645 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: Ozymandias2 on April 15, 2014, 10:30:03 PM
600 coin buy wall at $502 on stamp

Which begun as a 1078 buy wall.



124. Post 6239990 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Pff right now I have to keep on shortin the market .... Grin



125. Post 6245153 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Baidu dropped btc support  Roll Eyes



126. Post 6245185 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Some people already predicted that bad news from China would pop up anytime soon.



127. Post 6245449 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

If we break 3200 this is going to be fun. Grin



128. Post 6245499 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: seleme on April 16, 2014, 09:22:02 AM
Wake me up when China is out of Bitcoin blood system. Till then I'll keep any dollar I could put my hands on.

Dollar would have my preference too.



129. Post 6245543 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

CCMF anyone?  Roll Eyes



130. Post 6245719 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: ShroomsKit on April 16, 2014, 09:33:28 AM
Unbelievable. Total panic again because of some Chinese letters. Really unbelievable.
I seriously hope each and everyone of those idiots panic selling lose their money.

They will.



131. Post 6246535 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Extremely bullish patterns emerging  Shocked



132. Post 6246621 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

This reminds me of a certain time in March this year, all we need now is 18-04 to be the correct date and we have meltdown.



133. Post 6246726 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: Tyson95 on April 16, 2014, 10:59:05 AM
So does this take us back to 340 now?
http://www.coindesk.com/mt-gox-officially-files-liquidation/

Get Goxxed and Chinesed in one day

Would that not mean that their 200k stash will be sold at market and USD paid to account holders?



134. Post 6247441 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: magicmexican on April 16, 2014, 11:55:35 AM
2h macD is probably going down, unless its an epic trap

Seen quite a few of those already.



135. Post 6247733 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: dreamspark on April 16, 2014, 12:17:19 PM

Have also noticed that Bitstamp are becoming tighter and tighter with allowing deposits to register in peoples accounts. I sent over just $3K the other day and again, they are wanting me to 'prove' where I am getting it from. I told them to fuck off. I am getting my money back, I can't see how I am going to get any amount of money back onto that exchanges cos no way am I giving them any personal details of the description that they are asking for. Bet there are quite as lot of Bitcoiners who are feeling the same. Not exactly conducive to increased adoption is it?

That's very interesting and I agree, not conducive to increased adoption.
I wonder what the perma bulls (aminorex, risto) think of this.
Thanks Mat.

It depends how you look at it, they arent asking for proof its just normal KYC stuff, it shows more compliance if anything. If you have nothing to hide it makes no difference and if you do then pay the premium and use an exchange that isnt compliant. BTC-e or localbitcoins etc.

Isnt that exactly the reason people get into crypto, because they have somthing to hide?



136. Post 6247768 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: niothor on April 16, 2014, 12:21:32 PM

Have also noticed that Bitstamp are becoming tighter and tighter with allowing deposits to register in peoples accounts. I sent over just $3K the other day and again, they are wanting me to 'prove' where I am getting it from. I told them to fuck off. I am getting my money back, I can't see how I am going to get any amount of money back onto that exchanges cos no way am I giving them any personal details of the description that they are asking for. Bet there are quite as lot of Bitcoiners who are feeling the same. Not exactly conducive to increased adoption is it?

That's very interesting and I agree, not conducive to increased adoption.
I wonder what the perma bulls (aminorex, risto) think of this.
Thanks Mat.

It depends how you look at it, they arent asking for proof its just normal KYC stuff, it shows more compliance if anything. If you have nothing to hide it makes no difference and if you do then pay the premium and use an exchange that isnt compliant. BTC-e or localbitcoins etc.

Isnt that exactly the reason people get into crypto, because they have somthing to hide?

It's not the main reason. And a lot of people actually like this.

Then what would be the other reasons?



137. Post 6247792 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: dreamspark on April 16, 2014, 12:22:59 PM

Have also noticed that Bitstamp are becoming tighter and tighter with allowing deposits to register in peoples accounts. I sent over just $3K the other day and again, they are wanting me to 'prove' where I am getting it from. I told them to fuck off. I am getting my money back, I can't see how I am going to get any amount of money back onto that exchanges cos no way am I giving them any personal details of the description that they are asking for. Bet there are quite as lot of Bitcoiners who are feeling the same. Not exactly conducive to increased adoption is it?

That's very interesting and I agree, not conducive to increased adoption.
I wonder what the perma bulls (aminorex, risto) think of this.
Thanks Mat.

It depends how you look at it, they arent asking for proof its just normal KYC stuff, it shows more compliance if anything. If you have nothing to hide it makes no difference and if you do then pay the premium and use an exchange that isnt compliant. BTC-e or localbitcoins etc.

Isnt that exactly the reason people get into crypto, because they have somthing to hide?

It's not the main reason. And a lot of people actually like this.

Then what would be the other reasons?

Are you for real ?

Yes, there is no upside to using bitcoins for whatever, besides tax evasion.



138. Post 6247843 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: dreamspark on April 16, 2014, 12:25:25 PM


Yes, there is no upside to using bitcoins for whatever, besides tax evasion.

Hilarious, Im sure your trolling and if your not then you are beyond hope.

I think we can agree to disagree.



139. Post 6247895 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: dreamspark on April 16, 2014, 12:29:13 PM


Yes, there is no upside to using bitcoins for whatever, besides tax evasion.

Hilarious, Im sure your trolling and if your not then you are beyond hope.

I think we can agree to disagree.

No we can't.

What planet are you living on.

Moon, but nobody has heard of bitcoin here.



140. Post 6248550 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: TERA on April 16, 2014, 01:04:38 PM
Most of the articles are things we already know about.

April 10 - "Bitcoin is not banned in China" - We already knew that.

April 16 - "Huobi's bank account being closed" - We knew that too.

Yet somehow people's sentiments change every time because they were operating under some flawed logic.

Didnt Baidu stop accepting Bitcoin to launch their own payment system?



141. Post 6248608 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: TERA on April 16, 2014, 01:22:19 PM
Most of the articles are things we already know about.

April 10 - "Bitcoin is not banned in China" - We already knew that.

April 16 - "Huobi's bank account being closed" - We knew that too.

Yet somehow people's sentiments change every time because they were operating under some flawed logic.

Didnt Baidu stop accepting Bitcoin to launch their own payment system?
I thought that happened months ago also.

http://www.ft.com/intl/cms/s/0/6960d30a-c544-11e3-a7d4-00144feabdc0.html#axzz2z3UcfScV 1 hour old.

nvm: you are right



142. Post 6256325 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Must be frustrating to put up 1k buy walls with no1 selling into them, what else would be the use then?



143. Post 6257833 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: jonoiv on April 17, 2014, 12:25:23 AM
I think we can all agree, things will only get better from here.

LOL..   for a minute their I thought you were serious.  You're right though, it's looking so bearish it's frightening. 


Bearish? I think the market is pretty bullish atm, could you elaborate on why it is bearish atm?



144. Post 6258717 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: chessnut on April 17, 2014, 01:54:38 AM


yes bear trap, could be a good one.

At this time it could be anything, to be honest atm it feels like this market is led by some emotionally unstable teenagers.



145. Post 6262582 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

I hope this will finally let some of those hodlers doubt their strategy and just bail on bitcoin.  Grin



146. Post 6262588 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: gizmoh on April 17, 2014, 09:19:03 AM
This shit has to stop. It's getting totally ridiculous. I seriously hope all these panic sheep lose all their money. They completely deserve it for being such idiots. I'm tired of this nonsense.

Just sell shroomy you've been whining since 900 instead of selling  Grin

It is not low enough atm, I think he wants to catch the bottom.



147. Post 6262634 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Has anyone already pointed out the obvious that the 18-04 deadline might be true?



148. Post 6262720 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: ShroomsKit on April 17, 2014, 09:30:30 AM
Why should 470 hold?

Because the market seems to want to go up. It's just being stopped by Chinese FUD every time.

1 bank after the other getting closed and you call that FUD?  Huh



149. Post 6263158 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

I was wondering, every Chinese exchange gets their bank acocunts closed, but BTC-China does not have that problem at all?  Huh



150. Post 6263188 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: y3804 on April 17, 2014, 10:14:23 AM
I was wondering, every Chinese exchange gets their bank acocunts closed, but BTC-China does not have that problem at all?  Huh

Wrong. Their deposit channels have gone from 4 options to 1 option. They simply don't like posting about it.

I mention this because Bobby Lee keeps saying that it is just business as usual for BTC-China. So you think that they will get away with just creating ATMs? BTW that BS ATM of BTC-China can only be used to buy BTC and not withdraw, how awesome is that?



151. Post 6263571 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

So buying back in now, because of an expected pump would be a good strategy?



152. Post 6264848 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.38h):

Quote from: lynn_402 on April 17, 2014, 12:22:50 PM
Did everybody forgot that? A Bitcoin ATM opened in China this week. http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416

It allows you to buy BTC with coins and you can not withdraw through it.



153. Post 6267669 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.39h):

Quote from: Davyd05 on April 17, 2014, 03:08:36 PM
not sure why the people weren't expecting those accounts from OKcoin or atleast Huobi to close.. they stated they would be closing certain accounts, not sure which totally but...yeah w/e 500 seems stronger than before but we shall see.

What amazes me is that BTCChina has not published news about their bank accounts closing.



154. Post 6267800 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.39h):

Quote from: roslinpl on April 17, 2014, 03:34:01 PM
not sure why the people weren't expecting those accounts from OKcoin or atleast Huobi to close.. they stated they would be closing certain accounts, not sure which totally but...yeah w/e 500 seems stronger than before but we shall see.

What amazes me is that BTCChina has not published news about their bank accounts closing.

because this is another rumor perhaps which is senseless ...


I dont think that Huobi and Okcoin will publish rumors that might hurt their business on their main page, if you are still thinking this is just a rumor you are very ignorant.



155. Post 6267840 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.39h):

Quote from: igorr on April 17, 2014, 03:40:12 PM
This is just manipulation with price, you can check at http://bitcoinity.org/markets,
Huobi and Bitstamp, for 5 days purchased over 500k bitcoins,
It is so funny, 500k bitcoins for 4 days, and after that for next 4 days purchased less 10k bitcoins.

It is BIG manipulation with prices, Just check and compare volume and time, it not real.

That would explain the 0% fee, just to get a lot of actual volume in to hide their manipulation.



156. Post 6270469 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.39h):

Quote from: podyx on April 17, 2014, 06:33:46 PM
Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en
Wait what?? lol
Wasn't 3rd party deposits banned??


And the plot thickens.  Huh



157. Post 6270561 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.39h):

Quote from: Barney on April 17, 2014, 06:41:53 PM
Houbi is now accepting 3rd party deposits just announced on their site.

http://www.huobi.com/news/index.php?a=show_notice&id=323&lang=en
Wait what?? lol
Wasn't 3rd party deposits banned??


Tomorrow news: china bans 3d party deposits on Huobi => BTC drops

That would be something, but could easily become reality.



158. Post 6279785 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.39h):

Quote from: blatchcorn on April 18, 2014, 11:08:35 AM
Got my bid orders at $432, is this too low??

maybe 448 is better

I think 440-450 is good, but 460~ is safer play

I don't see the price going any lower than $480 really.  There is so much resistance between here and $432 anwyay

The things is in this market you dont know how fast a bid or an ask order is going to be removed, so order books really only tell 5% of the whole tale.



159. Post 6280265 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.39h):

This looks like a slow dump, but there has already been way over 1k bid orders eaten away, so eventhough the orderbook looks bullish, this is mega bearish.



160. Post 6391802 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.40h):

I am getting more and more the feeling that we are getting played by the Chinese.



161. Post 6391964 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.40h):

Next up is a small rise on low volume until we hit 7am european time and we get another massive dump...



162. Post 6392046 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.40h):

Quote from: gizmoh on April 25, 2014, 02:49:07 PM
I am getting more and more the feeling that we are getting played by the Chinese.

Agreed, Prices should have remained sub 200, its chinese fault that we rallied to absurd 1k ATH!   Grin

Ok, that was MT gox manipulation.



163. Post 6423965 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.40h):

I cant imagine the butthurt from the people who bought all along the way down and are still holding  Grin



164. Post 6424462 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.40h):

Quote from: boumalo on April 27, 2014, 04:48:50 PM
I cant imagine the butthurt from the people who bought all along the way down and are still holding  Grin

If you bought every week from 1000$ to 450$ today, your average cost per bitcoin should be around 640$ so you are down 30% and you need a 40% increase in price to be even

Your average cost is going down right now Tongue

If you bought at the dips, but lets think of the bulls (the ones who cry CCMF, with every bull-trap) who buy when there is somewhat of a price increase, your average cost per bitcoin would be around 800$



165. Post 6424726 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: chromosoma on April 27, 2014, 05:09:22 PM
So, should we say hello 300$ mark?=)

That would be awesome.



166. Post 6424756 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: podyx on April 27, 2014, 05:15:44 PM
What's the reason for the dumps?

China ban?



167. Post 6424895 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Wasnt there a certain some1 on here who said that we would not visit 435$ again?



168. Post 6424906 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: bitgeek on April 27, 2014, 05:25:28 PM
What's the reason for the dumps?

China ban?
Which ban? They are banning bitcoin every 2-3 weeks since December, get over it.

The butthurt is strong in this one  Grin



169. Post 6424987 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: podyx on April 27, 2014, 05:22:04 PM
Maybe I should remove my 425 bids

Should I? Cool

For a quick buck maybe, but I would not hold on to them for too long.



170. Post 6425032 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: wachtwoord on April 27, 2014, 05:34:07 PM
Maybe I should remove my 425 bids

Should I? Cool

For a quick buck maybe, but I would not hold on to them for too long.

For a quick buck I don't know, but for long term hold it's perfect

Long term, you mean for a few years?



171. Post 6427949 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Omg look at that trend reversal on massive volume on Huobi CCMF.  Grin



172. Post 6430514 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: gotmilk_ on April 28, 2014, 12:17:43 AM
Can you stop quoting y3804 and other users similar to him who just simply forgot to buy at 100$? Thanks.

Are you seriously this fucking delusional that you think he is saying all this stuff because he did not buy in at 100$?  Huh



173. Post 6430808 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: ShroomsKit on April 28, 2014, 12:45:06 AM
So no news?
Just people trying to take Bitcoin down and the usual idiots following then while losing all their money?

The only thing that is being taken down atm is your and other hodlers profits. Bitcoin will exist anyways, high price or low.



174. Post 6431026 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: SheHadMANHands on April 28, 2014, 01:05:31 AM
This downward trend (~6 month) is losing momentum  Tongue

These slips get smaller and smaller.  Thinking ~$340 was the bottom now (2 weeks ago).   Tongue Tongue Tongue Tongue


A LOT of us have been saying that for about two months.  I began saying that the downward trend is losing momentum at about $610 (around the beginning of February).  

Hopefully, you are correct this time, but I can see the possibility of downward BTC price trending for a few more months... .i'm not sure how far.. maybe mid-$300s..... I prefer some thing like that $300-ish NOT to happen.. but continued downward trending for a few more months certainly does seem possible.

Mid/Long term, this is cheap.  Who knows wtf will happen over the next week or two.. but I can hodl for year+, so that's irrelevant (beyond perhaps the emotional fatigue.. which we all can stomach).

Why not wait for more definitive information that the trend has reversed before buying back in?



175. Post 6436745 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: Mervyn_Pumpkinhead on April 28, 2014, 10:51:32 AM
making predictions based on the certainty, that bitcoin will be adopted by the entire world, is a little beyond dumb.

strawman. god im so sick of strawmans around here.

why do speculators have to begin and end every sentence with "probably imo" we are specualators, grow up. we are playing a game of probability and Risto knows this better than you.


If you know something about speculation, then you know that there is no certainty in speculation. If someone is trying to pretent certainty, especially in a subject that is extremely uncertain, then that someone is a useless tool.

Did you buy a fucking CASTLE with the money earning trading Bitcoins? He did.

All said.

Yeah, not like it would have been smart to use this money to invest in the crypto infrastructure (if you really believe that bitcoin will be the world currency). Like create and develop your own exchange, or maybe an payment service.
It's always smart to go into accommodation in Estonia. Especially when you have no experience or skills in the field. Very smart business decision, and not at all a typical "Hurray! Look! I have money!" project.

Indeed, buying a castle is the best way to lose the money you just earned.



176. Post 6437139 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: EuroTrash on April 28, 2014, 11:22:18 AM
Indeed, buying a castle is the best way to lose the money you just earned.

1. You need to have earned it first. Either out of luck (early bitcoiners of 4chan descent) or out of being able to recognize the potential of bitcoin ahead of others. Rpietila has indeed a large ego but he is a trader not a lucky bastard from 4chan. He deserves huge credit for having made smart and tough choices before me and you did, using his own brain.
2. Buying property and land is rarely a bad investment in the (decades-) long term. Bubbles aside, the world population is growing quadratically. There will always be a need for homes and farmland. Besides, Estonia has one of the fastest growing IT sector economies in the world. Buying property there is not a stupid choice to me. If things turn for the worse in bitcoinland, he can still turn the castle into a hotel resort for a different audience.

Look into the maintenance costs of a castle and you will see that it is a bodomless pit. Not that I dont respect the ability to pick bitcoin as an investment early on.



177. Post 6438479 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Pff bored out of my mind with this China slow dump stuff, just make it quick and painfull and lets get it over with.  Lips sealed



178. Post 6439870 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: Mervyn_Pumpkinhead on April 28, 2014, 02:33:32 PM
To me, promoting castles, lambos and any other bad-taste nouveau-riche ridiculous trophy is just another way of promoting Bitcoin to the average Joe. Reminds me of the last Scorsese movie. It's inelegant I guess, but it works on many people. If Bitcoin is truly the technological and economical revolution we expect it to be, then it will make everyone richer, especially the early adopters including those convinced by a picture of Rpietila smoking cigars. If it's the proper incentive for them, then they will surely be glad in a couple of years that there was someone to produce it. Maybe it's a strategy, or maybe it's just bragging, whatever. It's useful. Also, he made intredasting TAs.

I think that I'm starting to get it..
So, he's like a character from some mexican soap opera, because it lures in poor people who actually fall for this act? It starts to make sense now. More poor people to put their life savings and kids college funds to BTC, so we could convert it to USD and buy more "castles" and lambos with it. Yeah, nothing better then to rob the poor with some good ol' deception. That's quite clever!

P.S. we should keep this under wraps though, with bitcoin trying to market itself with slogans of freedom and equality. We should try to act like we aren't a bounce of scoundrels, who enjoying rpietila's stupidity, because it lures in more unfortunate targets.

Why else would you use an avatar on an anonymous forum on the internets, of you wearing a business suit, if it is not for the sole purpose of luring in those who actually think that people in suits are generally right?



179. Post 6442383 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

So bitcoin is becoming boring now?



180. Post 6443862 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Look at all the buys on Huobi, I feel a ban hammer incoming, followed by a big red candle.



181. Post 6445814 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: macsga on April 28, 2014, 07:44:04 PM
Nonsense, there was a quadruple bottom and I saw it:
WARNING!
LEGIT TA FOLLOWS:



In other words:

CCMF!!!!!1

Erm this quadruple bottom will only result in a big red candle imo.



182. Post 6452360 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: dreamspark on April 29, 2014, 09:04:33 AM
Confirmed. Worst dump ever.

Isnt it the worst pump ever?



183. Post 6454927 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: zby on April 29, 2014, 12:36:55 PM
Reverse H&S yesterday - target above 460, then if we breaks 455 - there will be another H&S (less nicely looking) with even higher target 475.

The Chinese scare does not work any more.

I think we'll rebound significantly.

Keep on dreaming, we will just bounce down from 450$.



184. Post 6455480 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: y3804 on April 29, 2014, 01:07:07 PM
Absolutely no idea if this is already posted in here...

I just woke up.

http://www.ecpss.cn/new/news/news_07.htm
http://www.chinabank.com.cn/info/index_article.jsp?id=75

Two more bans (Tide payment & internet banking online)

So in other words China is effectively going to ban Bitcoin, I mean finally getting it over with.  



185. Post 6470242 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

And to think that my thread in which I compared Bobby Lee with the Iraq minister of information got deleted from this board ....



186. Post 6470569 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: windjc on April 30, 2014, 08:50:35 AM
imagining a play where the bulls are pumping a bit so bears sell in to them.

Imagine a play where bears are letting bulls slowly buy things up, so that they have coins to dump into.  Wink

This has been happening over and over at Huobi.



187. Post 6471100 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Those bid walls on Huobi are some major BS, they get pulled every time they are the highest bidder.  Wink



188. Post 6472027 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Could this pump have been caused by westerners trading on Huobi, who want to get their money out of the exchange by buying btc and transferring it to Stamp or whatever?



189. Post 6473523 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: niothor on April 30, 2014, 12:34:57 PM
Could this pump have been caused by westerners trading on Huobi, who want to get their money out of the exchange by buying btc and transferring it to Stamp or whatever?

This is something I've been wondering for some time. Even if it is chinese, the logical reaction to a pending ban should be to _buy_ asap and transfer to a safe wallet.

I was thinking the same. The best way to avoid future problems would be to buy bitcoins a get out of the exchange fast.

Hmmm , I wonder where I've seen this before...I'm pretty sure it wasn't that long ago..
Get out of Gox episode?

That didnt end well, did it?



190. Post 6473649 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

CCMF anyone? Angry



191. Post 6474566 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: JorgeStolfi on April 30, 2014, 01:23:15 PM
His hatred for our freedom knows no bounds, [ ... ]  He usually manages a semblance of sanity until his "libertarian" reaction formation is activated, whereupon all bets are off.
Good to see you airing those "academic" prejudices a little more openly again, prof.  Have the high priests of the global Bitcoin conspiracy been getting to you again? Roll Eyes  Bitcoin could be your saviour but you're so terrified of some of its libertarian fans somehow taking complete control of this massive open-to-all consensus-based network that you'd rather dedicate your time to saving the world from those dangerous imaginary cultists [ ... ]
I think your political bias might be showing a tad.  Wink

My sincere apologies if I ever gave the impression that I had any sympathy or respect whatsoever for the libertarian ideology.  If you care, I could try to remove any lingering doubts you may have about my opinions on the matter.

By the way, I am still trying to figure out what exactly is the "freedom" that the bitcoin "libertarians" are so obsessed about.

It seems that most of them are in the US or "US-like" countries, so it cannot be freedom of speech, religion, travel, residence, association, study, dress, drink, sex, marriage, work, property, trade, investment, enterprise, and many other basic freedoms that the citizens of those countries enjoy to a higher degree than most other people in the world (and that bitcoin cannot do anything about anyway).

So, what exactly are those "freedoms" that the "libertarians" miss, and hope to get through bitcoin?


The freedom of tax evasion, the freedom of making money on cheaply bought coins, the freedom of having bought mining equipment which is actually a bad investment, the freedom of hoping that the price will go up again so that they dont have to take a loss on those.

These are all great freedoms imo.



192. Post 6477345 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: seldon on April 30, 2014, 04:38:18 PM
6500 pages, bullish?

Bubble, this thread will be back to double digits soon.

Upcoming news that China will ban this thread?

Edit:
I mean not ban, but will deem it illegal to post here.



193. Post 6478465 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: Adrian-x on April 30, 2014, 05:38:17 PM
Hey, I am not recommending anything.  Anyone can decide whether what I wrote makes sense or not.  Do you mean that trolls are posters who force people to think?
Most people will never understand macro impact, they think as far as self interest, but until one is enlightened to the fact that we are part of an ecosystem that is wholly dependent on all players ( plants micro organisms and animals) acting on self interest, you realize your success is dependent on success of the whole.

Your input in the context of someone who is invested in Bitcoin has consequences, it implies the logical thing to do is acting on greed sell now to buy more later at the expense of those who will be forced to sell later, this input while valid is valuable to the ecosystem as a whole, but it does not serve the best interests of the whole, it serves to confirm the ramifications of your cynicism. A true researcher would look to draw a conclusion without creating influential feedback.

So one can only conclude you are a researcher and researching something where your input is part of the experiment, you are diligently trying not to influence.

1. Prisoners dilemma
2. The problem with this statement is that you never know what is the best interest of the whole.



194. Post 6478798 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: elg on April 30, 2014, 06:16:18 PM
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.



195. Post 6478892 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: elg on April 30, 2014, 06:19:13 PM
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.

thx!
but the lenght of the candle has to do with the volume i suppose

No the body of the candle (the thick part) consists of the opening and closing price, the small sticks indicate the highest or lowest price during the time in which candle is formed.



196. Post 6478914 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: adamstgBit on April 30, 2014, 06:24:06 PM
nubs are studying

BUY BUY BUY!

Probably because of that misleading documentary about bitcoin and how everyone supposedly made a fortune on trading bitcoin.



197. Post 6483859 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Quote from: TERA on May 01, 2014, 12:46:56 AM
Go ahead guys CCMF trade this at your peril. I think I'll sit out.



CCMF!!!!!!1111!!!!!!1!!!!1!

Edit:
Going max leverage long, because buying and hodling never goes wrong!! Moon!!!



198. Post 6483987 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.41h):

Bitcoinwisdom down?  Huh



199. Post 6493370 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: Post-Cosmic on May 01, 2014, 03:02:04 PM
We're getting close to the long term trend line again are we not?

Any thoughts on what is happening then? I know at the moment we cannot judge givent the various holidays, but every time we've got close previously all we have seen is massive dumpage

 No breakouts, 99% chance.. simply $430-460, ad nauseam, till Huobi/OKC or one of their banks/providers says "Oops" between now & May 15-20th & at THAT time there'll be a huge dump.

This is imo also the most likely to happen, I still cant believe there are still people who think the PBOC crackdown on the exchanges is nothing but a bunch of BS.



200. Post 6503207 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: TERA on May 01, 2014, 12:46:56 AM
Go ahead guys CCMF trade this at your peril. I think I'll sit out.



It is looking more and more like in March indeed.



201. Post 6506699 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

What we are seeing now is what would happen if no new fiat would enter the btc market?



202. Post 6506994 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

No one noticing the price drop on Huobi or is everyone just on ignore modus?  Huh



203. Post 6507005 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: mah87 on May 02, 2014, 11:57:55 AM
the crash is beginning, the road to 200$

But is so awfully quiet on this thread, I just dont get it. Normally when a major price movement is happening it gets spammed to the max.



204. Post 6508029 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: ShroomsKit_Disgrace on May 02, 2014, 01:13:39 PM
Quote
FXBTC (4th bitcoin exchange by volume in china) shut down by 5/10, cites it's because of unfavorable PBOC policies

Just a matter of time before Huobi and BTCchina decide it has been enough



205. Post 6508083 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Best strategy atm is HODL imo, and by HODL I mean HODL your shorts.

Edit:
How funny will it be when atleast half of the long positions on Bitfinex will be closed  Grin



206. Post 6508161 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: TERA on May 02, 2014, 01:35:30 PM
What's the reason for dip now then?? -_-
Zoom out your chart to W1, 3D, or 1D scale, and maybe you'll see why a drop is due. I think someone forgot to release the 'news' that was supposed to go with the drop but it's happening anyway because of the trend.
Not only that, but the closing of FXBTC is really a writing on the wall and has people really concerned about the future of BTC.



207. Post 6509404 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: JorgeStolfi on May 02, 2014, 03:10:57 PM
price will rise sharply everywhere Jorge
Why do you think so?  Closure or shrinking of the Chinese markets can only increase the supply of coins in the Western ones, without a corresponding increase in dollars.  How could that mean higher prices in the West?

Because everyone will HODL  Roll Eyes



208. Post 6517000 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: JorgeStolfi on May 03, 2014, 12:42:24 AM
Amazing.

I can understand that some people can believe SOME of that stuff.  But are there really people who believe ALL of it?

But OK folks. Just promise that you won't drink that Kool-Aid in the end.


I stopped watching when she said "The internet is anarchy".



209. Post 6528611 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: xulescu on May 03, 2014, 06:47:57 PM
Oooh, looks like some new 'news' on the cards:
http://www.ibtimes.com/bitcoin-terrorist-threat-counterterrorism-program-names-virtual-currencies-area-interest-1579699

Rumour has it Saddam paid for his WMD's using bitcoin, won't somebody think of the children... Meanwhile paper dollars remain the No. 1 currency for criminals worldwide.

Earlier than I expected.

EDIT: Ah, they're only studying it. Good, good.

Now I will keep my funds on the European exchanges for sure.
Edit:
This news combined with the fact that Mastercard hired some lobbyist to create some anti-bitcoin awareness is really bad news.



210. Post 6531544 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: TERA on May 03, 2014, 10:47:53 PM
Same line on larger time scale:


:-) just interesting



Next stop 150$?



211. Post 6538343 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Please add boredom as an option in the poll.  Cry



212. Post 6538819 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: JorgeStolfi on May 04, 2014, 12:30:14 PM
Huobi's order book is insane.  Must be kids playing traders while their parents are away.  Or the traders are all drunk.
All I am seeing is weird bid-walls popping up and goign away without actually buying coins. I mean if you really want to buy coins, why not remove the bid walls, let the price drop and buy on the way down?



213. Post 6539270 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: Cassius on May 04, 2014, 01:03:15 PM
It will not change just by the current people passing the bag on. The new cohort of 3.2x more people is what will take it higher.

The current players' desire to have cheaper coins is no more significant then.

For the new cohort to come in, there must be a motivation factor. And what might that be?

I suspect, though I don't know for sure (no doubt others will comment on this):
Lots of new people (aka the "Fresh Fiat" we keep hearing about) are going into bitcoin. We know that the number of new accounts on Coinbase, Blockchain etc is rising significantly, and that must be bringing some new money in.
The problem is that speculative money is leaving bitcoin at the same time. Bitcoin was vastly overpriced and has corrected/is correcting (depending on how bearish you are).
Although it's a gross simplification, I wonder whether the newcomers are more 'normal' buyers, Joe Publics who have heard about Bitcoin and decided to buy a small amount, try it out etc, before perhaps investing more in the future. Whereas the speculative money is at least an order of magnitude greater per person, because these people were trying to make a lot of money at it.
It may be that a proportion of current newcomers become larger investors later on. I'd be interested to know how many day traders here started small before going in heavy enough to make/lost decent money, and how long that took.

TL;DR - growth in user base and fiat is already there, it's just slower and steadier than the speculators running for the door.
-> Relax. Once the speculators have bailed properly ("capitulation") we'll see the underlying growth that was there all along.

Discuss.

This is very likely, the big money was already in and is now trying to get out with as much profit/least losses as possible.



214. Post 6541045 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: podyx on May 04, 2014, 03:00:10 PM
Huobi's order book is insane.  Must be kids playing traders while their parents are away.  Or the traders are all drunk.
Yep never seen it quite like this. Any ideas on the cause?
Here is one: they are traders (possibly unexperienced) who bought at much higher price, say 4000Ą.  They have been waiting patiently for the price to go up again to those levels.  But now that the the future of Chinese exchanges is uncertain they got desperate and are clumsily trying to push the price up with those fake bid walls.  But they cannot just leave the bids there, since they definitely do not want to buy.  So they must remove them whenever they have to leave the computer for any reason.

Why would they not be able to send them to their wallet and sell some other time when price is better then?

Sell them where? And that is IF the price will be better.  Grin



215. Post 6553012 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Fucking hell, how boring is the BTC market going to get?  Cry



216. Post 6560118 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.42h):

Quote from: adamstgBit on May 05, 2014, 06:19:04 PM
poeple appear to be more fearfull this week.

Could you add "bored" to the poll?



217. Post 6568831 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Well that pump was a nice try  Grin



218. Post 6568934 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

So now is the time for the market to go back to boring mode?



219. Post 6568936 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: ShroomsKit_Disgrace on May 06, 2014, 07:40:42 AM
@windjc, you have balls of steel. I would go fucking nuts if I had shorted 1200BTC.

kUDOS for you

 

Shorting those 1200btc is a pretty sure thing though.



220. Post 6569145 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Great, that stupid POS news killed all the great downward momentum, now it is back to playing the waiting game...  Cry



221. Post 6569775 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: chessnut on May 06, 2014, 08:56:40 AM
Looks like all shorts on Huobi will have to be closed, sooner or later.

May the back stabbing begin!

Why would only the shorts have to be closed?



222. Post 6569817 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: chessnut on May 06, 2014, 09:03:10 AM
Looks like all shorts on Huobi will have to be closed, sooner or later.

May the back stabbing begin!

Why would only the shorts have to be closed?

In the statement, Leverage trading will cease. shorts will be closed on the 10th if not before.

"Close currency financing financial services implementing rules 1,5 month beginning at 0:00 on the 10th , the fire will stop currency net new financing financing currency after currency to pay off all of the facility or stopping leveraged finance transactions."

And there is no such thing as a leveraged long?



223. Post 6569854 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: chessnut on May 06, 2014, 09:05:33 AM
Looks like all shorts on Huobi will have to be closed, sooner or later.

May the back stabbing begin!

Why would only the shorts have to be closed?

In the statement, Leverage trading will cease. shorts will be closed on the 10th if not before.

"Close currency financing financial services implementing rules 1,5 month beginning at 0:00 on the 10th , the fire will stop currency net new financing financing currency after currency to pay off all of the facility or stopping leveraged finance transactions."

And there is no such thing as a leveraged long?

No it's a real thing they do exist.

Do you have any idea of the meaning of the word "leveraged"?



224. Post 6572010 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: Mythul on May 06, 2014, 11:45:19 AM
I really don't get it what does the community have to gain if Bitcoin drops another 50% ?
 
You will probably get more coins at the expense of new members in the community. Unfortunetly Bitcoin is about greed for most of the trolls here which fail to see that Bitcoin actually has improvements over the current financial system and is not just monopoly money.

And as many wise members said before, never trust nobody on the forum, not Tera, fonzie, MatTheCat or other vocal trolls. Its a fact that they are not posting in your interest and most of them have a personal agenda.

Trust only your judgement.

And you post this as a way to satisfy your craving need to save humanity? (or could it be because you see the value of your BTC falling).



225. Post 6572033 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: TERA on May 06, 2014, 11:51:44 AM
I really don't get it what does the community have to gain if Bitcoin drops another 50% ?
 
You will probably get more coins at the expense of new members in the community. Unfortunetly Bitcoin is about greed for most of the trolls here which fail to see that Bitcoin actually has improvements over the current financial system and is not just monopoly money.

And as many wise members said before, never trust nobody on the forum, not Tera, fonzie, MatTheCat or other vocal trolls. Its a fact that they are not posting in your interest and most of them have a personal agenda.

Trust only your judgement.

+1

Well said!  Smiley
It is not 'well said'. He is making open accusations against specific forum members as being dishonest.

When someone is out of arguments, a well documented next step is to make accusations against a person.



226. Post 6572677 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Wondering how many attempts will be needed to break out above 2700, if it will happen. Huh



227. Post 6572742 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: dreamspark on May 06, 2014, 12:43:04 PM
Apparently we've all been getting it wrong.

Anyone care to comment?



some exchanges are closing due to the fact that they are not using BUSINESS bank accounts, instead they were using personal accounts.

chinese central banks are not commercial banks. they are personal banks. and if a exchange cant handle or be bothered to get a business account, which requires registering a business name with the government, getting tax registration numbers and showing the bank a business plan.. then do you really want to be trading with it, as that is normally a big neon sign that they dont want to be official. and that glows as "risky".

take intersango.. not chinese, but shutdown due to using an account not aimed for business purposes (you truely think amir taaki went through all the proper red tape??? come on!! think about it)

the problem with banks is not actually bitcoin, its lack of transparancy. this is why bobby Lee's chinese exchange is still running, and all the other basement dwelling exchange operators had to close shop.

so the basic point is, if you want to do business with bitcoin, do not use personal accounts.

it is even written by the chinese government themselves in their guidelines that bitcoin exchanges need to get government registered and to do it right. the same goes for any country. china is a no big news event. its the same story as intersango and the other exchanges across the world, in the past.
Didnt BTC China get one of their accounts closed?



228. Post 6573857 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Funny how I was reading about prospect theory for my msc thesis and I immediately had to think of the bitcoin fanatics.



229. Post 6573976 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: adamstgBit on May 06, 2014, 02:00:02 PM
Another day in the mid 400s range. I'm telling you we will be in 400-500 land for quite a while. Accept it.

for a long time sellers have been in control of this market.

because, bad news weekly.

price wants to gravitate higher, because increased adoption despite bad news, but so long as sellers are ready and willing to sell at these prices, price will stay here.
i don't think we'll see a high volume bottom, because no one is in a rush to sell, bitcoin is doing just fine even if the news is negative.

i see a slow and steady stream of coins changing hands , which will lead to an inevitable rise in price once sellers are done.

i see the rise in price as inevitable because the increased adoption / recognition of bitcoin on a global stage has already happened, once we are done milking the cheap coin offered by weak hands and profit takers, the market will have no choice but to obey supply and demand to its inevitable conclusion; 18,000$ / BTC  Cool

1) Once sellers are done? You do realize that at this moment bitcoin is still inflationary right?
2) Increased adoption? China has just stated that it does not want anything to do with bitcoin, as well as Russia, so global must mean the rest of the world, excluding the two largest countries on earth?



230. Post 6574757 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: dreamspark on May 06, 2014, 02:26:42 PM

Todays news actually, funny that. If all Chinese exchanges are on the brink of closing as many in here believe, why are they being added to the foundation board?

Because there is a shitstorm coming for BTC and they are putting their heads together to find a way to avert this?



231. Post 6574884 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: dreamspark on May 06, 2014, 02:50:45 PM
So no serious answers then?

What is one good reason to have OKCoin on the foundation board if they are about to get shut down... There isn't one. And gox doesnt count, gox was on the board way before most the trouble and was also probably the only exchange to choose from in regards to having one on the board.

My answer was pretty serious.



232. Post 6574963 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: Cassius on May 06, 2014, 02:54:36 PM
So no serious answers then?

What is one good reason to have OKCoin on the foundation board if they are about to get shut down... There isn't one. And gox doesnt count, gox was on the board way before most the trouble and was also probably the only exchange to choose from in regards to having one on the board.

Quote
Shortly after OKCoin was founded, they received a $1,000,000 USD angel investment from VenturesLab and Silicon Valley Venture Capitalist Tim Draper. At the end of 2013, OKCoin closed a Series A round of funding led by Ceyuan Venture Capital, raising $10 million USD.

A clue there, I think.

Quote
OKCoin just released an English version of their website that opens up their top of the line services, such as P2P margin trading, to the international market.

Another clue.
-> OKCoin desperately looking for ways to stay in business. VCs desperately looking for ways to protect their investment.
Exactly, they were screaming from the top of their lungs that they will just simply move abroad if they cant do business in China. Now it is time to walk the walk, they dont know what to do and ask the foundation for help.



233. Post 6578654 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: Bronstad on May 06, 2014, 06:09:56 PM
Hey Guys look what I found on pastebin, looks like someone leaked some marching orders from the puppet masters.

How embarrassing!

Quote
Troll Talking Points
 May 6th, 2014

Greetings gentlemen, first let me start off and say you have been doing very good work lately.
However we would like to remind you that you need to post in other forums besides Speculation,
as it is becoming quite apparent when you purchased your account from a real member since the account
stopped posting in other forums. Remember keep up your appearances, so as to not blow your cover.

Also some of you have been posting too much in "TOTAL TROLL" mode. Remember you need to dial it back
every now and then and post like an actual moderate bear would. This lends you creditability for your
"TOTAL TROLL" mode, when it is deemed necessary by the powers that be. And also keeps the actual bears
on your side, and they will even back you up sometimes... LOL.

Now onto today's talking points:

* OPERATION FUD - People were starting to react positively to the term FUD being thrown around, and it was
  starting to dilute our message. As you know the effort to re-term it to mean Fact U Dislike has worked moderately.
  Please keep mentioning it when someone points out our actual use of FUD.
  
* CHINA, CHINA, CHINA - The powers that be are coming to the end of the China ban milking. Now that China's actual
  influence on the markets has dwindled its time to switch tactics. Let's try "China is the only thing that makes
  Bitcoin worth more than $100". Find correlations between events in China to price rising and failing. Nevermind
  the growth outside of China, keep them focused on China. We want maximum panic when the exchanges finally mention
  they are leaving China.
  
* CHARTS - Now that you've all been through "negative slope" training, don't forget throw up a couple trendlines
  that point out how Bitcoin is going down to $0. Remember its not you making the numbers go down, its just what
  the trend it pointing out. Don't forget an emoticon for an effective reaction Wink
  

That's it for today. Your Bitcoin payments are on their way. Don't forget to put your shorts in, as you know we
definetely will let YOU know when the squeeze begins.

Busted!  Cry



234. Post 6582905 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Now its only 1900 btc to 2570 on Huobi (yes I am not counting the 500btc fake wall)  Grin



235. Post 6588067 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?

edit:
I know it sounds crazy but we are dealing with an exchange in distress here.



236. Post 6588211 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: TERA on May 07, 2014, 08:18:49 AM
What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?

edit:
I know it sounds crazy but we are dealing with an exchange in distress here.
I'm curious as to how exactly you purpose this would be implemented

fake sells as soon as price rises too much and fake buys as soon as price drops too much? Or stop processing buy or sell orders as soon as max or min price for that day has been reached?

edit:
like I said before it is far fetched, but it would kill volatility



237. Post 6588868 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: mooncake on May 07, 2014, 09:11:52 AM
@TERA and windjc - Still short?

Well I am and I am not closing those until Bitstamp hits atleast 465 on high volume.



238. Post 6590324 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

On to more serious matters, why are there such big buy orders on Huobi?



239. Post 6590569 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Shorts closing on Huobi?  Huh



240. Post 6590647 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: Ultros on May 07, 2014, 11:28:00 AM
You're most probably right TERA but still, it's refreshing. Also, trains.



Although this movement goes against my positions, it beats seeing this boring stable trendline.



241. Post 6590882 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Great! We have a small rally and (Chess)nut is back  Cry



242. Post 6590976 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Great news indeed, according to WSJ China government is finally enforcing the regulations.
Chinese people holding BTC in one of the exchanges after 10-05 are basically fucked, as is also suggested by some people on the Chinese sub-forum of this board.



243. Post 6591083 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: dreamspark on May 07, 2014, 12:05:20 PM
Great news indeed, according to WSJ China government is finally enforcing the regulations.
Chinese people holding BTC in one of the exchanges after 10-05 are basically fucked, as is also suggested by some people on the Chinese sub-forum of this board.

Funny that, this was on BTCChinas facebook page from 15 mins ago

Dear Customers,

Contrary to some recent media reports, deposits to BTC China are still available via two methods: BTCC Voucher and Cash Deposits. Our Exchange is operating normally and all customer funds are secure.

We recently removed the Bank of China's bank transfer deposit method at the bank's request. We plan to provide our customers with more deposit options soon. Please stay tuned.

BTC China Team
May 7, 2014

BTC China are a bunch of lying snakes. Remember the  "Bank accounts are closing??? We have heard no such news!" responses?



244. Post 6591337 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

The BIG question is: " Are we going to do another March 26th"?  Huh



245. Post 6592399 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: TERA on May 07, 2014, 01:30:13 PM

I think it was something about a Chinese bank account closing or the 'apr 15 deadline'. I don't really care about the news though. I just know when we are close enough to the downtrend line, we are bound to go down for some reason or another - the market is just looking for any excuse to jolt down.

You have a shorting target then?

I don't have any guess about the bottom that I can be confident about. I am closing out all my trading positions on the next big move, whether it is up (Trend reversal), or down (good price) and quitting trading.

Agreed, bitcoin is a terrible asset to trade atm, fees are too high and volatility is way too low.



246. Post 6596206 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Anyone an idea about what triggered this mass buy?  Huh



247. Post 6601865 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

everybody ready for a bloodbath?  Grin



248. Post 6601969 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: cech4204a on May 07, 2014, 11:15:57 PM
everybody ready for a bloodbath?  Grin

?
what is that ?

It is what happens when a rocket crashes back into the earth on top of a lot of bulls.



249. Post 6602068 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: BitChick on May 07, 2014, 11:28:28 PM
everybody ready for a bloodbath?  Grin

When everyone that has been just waiting on the sidelines because they think the price will drop further but are shocked at how fast the price is rising and they haven't bought back in yet, then they panic buy and the price goes beyond the last ATH?  Then yes!  Wink

We shall see. If we go past 465$ on significant volume I will close my shorts and wait and see what the market will do. I have to admit that it is not easy making predictions about what the market is going to do at this stage.



250. Post 6602457 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

BTW look at how sad the Huobi orderbook is atm.  Shocked



251. Post 6606774 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

So we can finally close the China bans bitcoin chapter?  Huh



252. Post 6619559 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: solex on May 08, 2014, 08:28:06 PM
I am very puzzled that there is a company willing to take over Mt. Gox. Mt Gox's assets are MINUS 650,000 BTC and perhaps MINUS 20-50 millions $. Their only other asset is their "reputation".

Can anybody sane could be willing to pay 650,000 BTC for Karpeles exchange's reputation of being scammers and possibly thiefs? Or their buggy, obsolete software without even production version?

Sunlot want to pay 1 btc, not 650k btc. They want control of the supposedly 200k btc left (assuming the private keys can be extracted from MK) which would be used to restart the exchange with the intention of paying 650k back to all those who are owned money. That would take years of exchange profits. Color me surprised if 2 years later the 200k is spent and only a tiny fraction of 650k is earned back for disbursement.


Or they 200K BTC gets moved through some dodgy scheme and then they file for bankruptcy again.



253. Post 6629397 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: Mervyn_Pumpkinhead on May 08, 2014, 09:51:13 PM
Once I sold an excelsheet for EUR 6,000... no, actually it was my friend, but he taught me how to do it. It had cost 500 to make it however. So we sold it to some other guys as well to cover the costs.

ADD: The graph was included in the price.


Never underestimate the lucrativeness of scamming fools.
It's funny how people here are only now seeing you as a fraud.
But no worries! I bet there are still a lot of fools left who believe you. You just have to keep acting like an character from an Mexican soap opera (lots of talks about castles and cigars) and there will be always some get-rich-quick fool, who see you as an respectable businessman. If an inexperienced fool imagines how an businessman is like, then the outcome is a parody, just like you.

Just a reminder for the potential customers/investors/victims, that you are trying to fish out from this forum:


ROFL, had to bump this  Grin

Edit:
He is so rich he changed the tinfoil hat with a silver one  Grin



254. Post 6629599 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: sonofliberty on May 09, 2014, 10:17:34 AM


Slowly turning around?

Just wait for the dump that will occur tomorrow, set some sell stops at around $439.



255. Post 6630200 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: EuroTrash on May 09, 2014, 11:02:28 AM
But why exactly did the Chinese exchanges pull out of the bitcoin summit, and what is the real chance they shutdown without notice in the next days?

Shutdown without notice is not that high I think, the chance of a shutdown notice being published is very likely imo.



256. Post 6632509 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: JorgeStolfi on May 09, 2014, 01:25:41 PM
How can you lose your savings if it didnt go to 0 ? The very worst you could do is lose 60%
That wasn't meant literally, of course.  Losing 60% of all you own is bad enough, don't you think?

But you CAN lose all of your life savings if you left the bitcoins in MtGOX, invested in Neo & Bee, or any of the other zillion bitcoin scams. (The first time I heard of bitcoin was when Rick Falkvinge tweeted that he was investing all his savings in bitcoin. Guess where he left them.  Fortunately for him he managed to get part of them out in time.)

You can also invest your 50'000$ of savings plus 50'000$ borrowed from relatives, friends and banks.  (You can bet that many people did that.  If the salesman says that for sure BTC will be worth 1'000'000$ in a few years...)

This idea that the government needs to protect you from your own investment decisions is comical.
It is funny, but one of the things that people expect the government to do is to protect them from scammers who try to sell unsound financial instruments with misleading promises.  That is why there are things like the SEC and consumer protection laws.  And that seems to be the reason why many bitcoin businesses catering primarily to US citizens are based in Panama or other unlikely countries.

Personally I think it is a good thing that a government does that to a certain extent, if it would not we would all be at the mercy of the gods (1%'ers).



257. Post 6634033 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: _javi_ on May 09, 2014, 02:53:39 PM
http://www.coindesk.com/worlds-largest-bank-icbc-latest-block-bitcoin-china/, news like this one and the price goes up!! Priceless!!  Grin

Like!!!  +1   whatever..

So the only way out for money trapped on Huobi etc is through BTC :O



258. Post 6634386 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Dump of the century about to commence:
- Pumped price: Check
- CCMF idiots: Check
- People willing to dump their coins: Check



259. Post 6639211 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: windjc on May 09, 2014, 07:54:16 PM
Hey Windjc, how's your 1200btc short doing? Do you still have it open?

Most of it. Yes.

I have learned in the past, that the worst thing you can do it overreact when the market moves against you.

It ebbs and flows.

Certainly I am not happy about the announcement from the exchanges that caused all the shorts to close on Houbi, but I think it smart to see how this all plays out.

Sometime soon, the exchanges have to come clean about what is going on. And, whatever it is that is going on, there is no way that the chinese market is bullish on fresh fiat.  All we are seeing there right now are the same coins being traded back and forth and the only money buying is money of the sidelines.

So, until I see a break of trends on high volume with confirmation, I won't be making any sudden panic trades.


Probably tomorrow morning the market will go down again.



260. Post 6639230 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: Macno on May 09, 2014, 08:05:59 PM
You could actually short sell on Huobi? I`m asking because I learned that crypto people here call it "shorting" when they actually just sell coins, but I guess not in this thread. So people could borrow BTC and then short sell them on Huobi? Where did they borrow?

For as far as I know yes, and you could even leverage your trades.



261. Post 6642467 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.43h):

Quote from: cech4204a on May 10, 2014, 12:19:58 AM
Chooo-Chooo, china has woke up, time for some flying high

CCMF  Grin



262. Post 6651162 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

CCMF!!!!11111 Grin



263. Post 6671716 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

Quote from: nidhogg1 on May 11, 2014, 02:34:49 PM
Bought at 446, now its 442 HORY SHET SELL SELL SELL

Can you explain to me what the idea behind buying in at $446 was? I guess it was emotional trading?
Such denial by these poort bulls.



264. Post 6710036 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

And see here the problem with Bitcoin. Miners are accumulating without wanting to sell "Because MOON!!!11", buyers are unwilling to buy "Because through the FLOOR!!!111". So the only conclusion that rests is that the bitcoin economy is saturated atm.



265. Post 6747068 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

Quote from: KFR on May 15, 2014, 04:12:58 PM
Quote
We been broken down
to the lowest turn
and being on the bottom line
sure ain't no fun
but if we should be evicted from our homes
we'll just move somewhere else
and still carry on...

Hodl on, Hodl on, Hodl on

The only way is up, baby
For you and me, baby
The only way is up
For you and me

http://youtu.be/K2wpvZ6Udno


Thank god that I wasnt a teenager during that age, what a buch of musical diarrhea was made in that time.



266. Post 6760836 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

Quote from: calmindifference on May 16, 2014, 10:43:54 AM
Also this chart seems to say that the bitcoin system currently costs 30 USD per transaction:
https://blockchain.info/charts/cost-per-transaction
The cost of running the system is currently hidden in the inflation caused by mining, but in the long run will have to be paid by users as transaction fees.  If the numbers above are correct, bitcoin will be inviable for payments below 1000 USD.

It's an compelling argument on the face of it, but the question is compared to what?
What is the transaction and system maintenance cost of a USD/GBP/EUR fiat transfer?

......



267. Post 6760845 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

It looks like all the bagholders just came back alive, hoping that they dont have to realize the loss on their investments.... Roll Eyes

Edit:
Srsly, big buy orders and they are still not able to start a rally. Conclusion, it is still a sellers market.

Edit 2:
Huobi orderbooks scream, DUMP INCOMING!



268. Post 6761060 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

Those buy walls were gone quickly  Wink

Edit:

There must be some rich motherfucker trying to spark a rally or something, because each time it fails buy walls are gone in an instant.



269. Post 6761241 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

Quote from: niothor on May 16, 2014, 11:20:20 AM
Those buy walls were gone quickly  Wink

Edit:

There must be some rich motherfucker trying to spark a rally or something, because each time it fails buy walls are gone in an instant.

And that is pretty annoying for you , isn't' it? Smiley))))



Well what bothers me is that is postponing the inevitable drop, in which case my shorts will bring me more $ than they are now.



270. Post 6761352 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.44h):

Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.



271. Post 6762448 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: TERA on May 16, 2014, 12:52:41 PM
Attention: I have just been dubbed with the honorary title of the greatest most bearish type of bear there is: a permabear. This came after projecting a flat short term market and 'only' a 500% per year exponential growth trend.

No it was based on all your other posts. This post was actually bullish. That is what made me take note. Someone, who thus far was predicting the end of the world as we know it, switching to an (exponential) uptrend. I thought that was worthy to be mentioned Wink
Predicting that a short term dip will occur but then rebound all the way back up and then reach new highs is 'the end of the world'. #bitcointhings

Attention: I have just been dubbed with the honorary title of the greatest most bearish type of bear there is: a permabear. This came after projecting a flat short term market and 'only' a 500% per year exponential growth trend.

And you just realized that ?

I've never been called 'permabear' before. That is supposed to be people who don't think that btc will ever rise again and is a bad long term investment. People like Fonzie.
The problem here is that you are talking to bitcoiners, who I start to believe are the same people who would think that MLM is the next best thing and is going to make them rich.



272. Post 6765812 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: gotmilk_ on May 16, 2014, 03:41:14 PM

This is it!! Really good idea... no fees! Better than exchanges if they would have good rate Smiley

Looks good, its like everything is provided for free, no transaction fees, no fees for buying, free insurance. I guess their shareholders already hold a large amount of BTC, so they wont be buying anymore.



273. Post 6766021 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: Walsoraj on May 16, 2014, 04:11:04 PM
http://www.coindesk.com/china-moves-disrupt-access-major-bitcoin-websites/


SELL SELL SELL!  Cheesy Cheesy Cheesy

That is actually mega bullish!! ( I dont know why yet, but just insert random retard reasoning)



274. Post 6771321 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: Walsoraj on May 16, 2014, 09:54:10 PM
http://www.coindesk.com/bitcoin-businesses-detail-banking-setbacks-at-us-task-force-hearing/

Quote
Annemarie Tierney, general counsel and legal EVP for SecondMarket, told the panel that the high-risk profiling recently cost the company a long-time banking relationship.

She said:

“[The bank] gave us notice yesterday that they wanted to end that banking relationship, in part because our transitions around bitcoin, even though we’re not an MSB or an exchange, [it] raised our risk profile and it was too much work for them to figure it out.”

Tierney added that the termination was “very, very discouraging” for the company.

Game over. Sell before it's too late.  Cheesy Cheesy Cheesy

Bullish!!!1111 MOON!!!11 CCMF!!!!!11



275. Post 6771463 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: Walsoraj on May 16, 2014, 10:15:55 PM
http://www.coindesk.com/bitcoin-businesses-detail-banking-setbacks-at-us-task-force-hearing/

Quote
Annemarie Tierney, general counsel and legal EVP for SecondMarket, told the panel that the high-risk profiling recently cost the company a long-time banking relationship.

She said:

“[The bank] gave us notice yesterday that they wanted to end that banking relationship, in part because our transitions around bitcoin, even though we’re not an MSB or an exchange, [it] raised our risk profile and it was too much work for them to figure it out.”

Tierney added that the termination was “very, very discouraging” for the company.

Game over. Sell before it's too late.  Cheesy Cheesy Cheesy

Bullish!!!1111 MOON!!!11 CCMF!!!!!11


Explain yourself.

Bullish comments dont need explanation.



276. Post 6835908 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

This will probably be the Big move. I have just filled up another round of short positions.



277. Post 6836164 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: wachtwoord on May 20, 2014, 03:01:40 PM
This will probably be the Big move. I have just filled up another round of short positions.

Short? Is that a typo?

nope. but i have my stops set pretty narrow and right now the bet against this raise seems like a good one.



278. Post 6836178 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: lebing on May 20, 2014, 03:08:39 PM
daily volume is still low ... we have to wait. looks more like some panic buys because there was no drop to the down side.

why would that indicate a panic buy?

Maybe people feel safe to buy, because they think the bottom is in?



279. Post 6836880 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Now the Chinese government is like "didnt we tell you to stop dealing in bitcoins? We mad now!".



280. Post 6838642 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

Quote from: ChrisML on May 20, 2014, 05:14:40 PM
This will probably be the Big move. I have just filled up another round of short positions.

You must feel butthurt by now.

It wasnt one of my best moves to put it lightly



281. Post 6851296 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.45h):

So all the money waiting on the sidelines has bought back in already? Huh



282. Post 6869385 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.46h):

Friend of mine just told me they have an event concerning Google glass and bitcoin (dont know if they have anything to do with each other), and he is working at one of the big consultancy companies here, so I am going long on this one.



283. Post 6992922 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.48h):

Quote from: Cassius on May 28, 2014, 01:29:50 PM
I just bought my first bitcoin. Exciting. Could some please share the actual S.R. 2.0 link. Thanks.

I really like what you did there.
That newbie is not me.

The Bitcoin Goddess is NOT PLEASED.  Guess what She does when She is not pleased.


Yes, Jorge, I'm well aware of that. I thought it was a good joke, is all.
Look, the thing is that although you make some useful points, and you are consistently polite in doing so, you are becoming increasingly strident. The fact that you very selectively choose what to argue - and a lot of people have made some very good points against some of your mistaken assumptions recently - means that it's not really worth engaging with you. Literally no point, because you appear to ignore anything that doesn't fit with what you already believe and move on.
That, unfortunately, effectively makes you a very polite troll. And I mean troll in its proper web-forum sense here, not just 'someone who doesn't agree with you'.



Something about a pot and a kettle.



284. Post 6993281 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.48h):

Quote from: Cassius on May 28, 2014, 02:12:07 PM
I just bought my first bitcoin. Exciting. Could some please share the actual S.R. 2.0 link. Thanks.

I really like what you did there.
That newbie is not me.

The Bitcoin Goddess is NOT PLEASED.  Guess what She does when She is not pleased.


Yes, Jorge, I'm well aware of that. I thought it was a good joke, is all.
Look, the thing is that although you make some useful points, and you are consistently polite in doing so, you are becoming increasingly strident. The fact that you very selectively choose what to argue - and a lot of people have made some very good points against some of your mistaken assumptions recently - means that it's not really worth engaging with you. Literally no point, because you appear to ignore anything that doesn't fit with what you already believe and move on.
That, unfortunately, effectively makes you a very polite troll. And I mean troll in its proper web-forum sense here, not just 'someone who doesn't agree with you'.



Something about a pot and a kettle.

You're suggesting that I'm a very polite troll? That would be an odd thing to say.

I am not suggesting you are a troll, it is just that you accuse Jorge of doing exactly that, which most pro-bitcoiners do.(read text in bold)



285. Post 7033820 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.48h):

Best thing to do right now?? wait??



286. Post 7278534 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.52h):

Some1 using the Caixin article to create panic and get people to sell their coins  Roll Eyes



287. Post 7293591 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.52h):

Quote from: Miz4r on June 13, 2014, 04:14:44 PM
gmaxwell (Gregory Maxwell) is also a core dev and has expressed his concerns about the situation on Reddit: http://www.reddit.com/r/Bitcoin/comments/27lotn/people_dont_realize_how_serious_a_50_attack_is/ci27dpy

He's saying that a pool with 30% is just as bad as a pool with 51%, so according to him the current situation is not any different than before as there have always been pools with around 30% of the network.

Wait, all this time they are concerned the whole bitcoin thing is broken, but they picked this date to all of a sudden spread their concerns? What a bunch of assholes imo, sell their coins and suddenly express their concerns.  Huh



288. Post 7309298 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.53h):

Quote from: podyx on June 14, 2014, 03:31:50 PM
There goes a couple of months salary(if I even had a job Roll Eyes)

Fuck my life man, fuck it!

It is only a loss if you decide to close the trade.



289. Post 7315403 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.53h):

Quote from: Arghhh on June 14, 2014, 10:58:33 PM
Mini-rally because this:
https://twitter.com/barrysilbert/status/477931080889012224

"1/Announcement: @BitcoinTrust and SecondMarket's bitcoin trading desk will be forming a syndicate to bid in US Marshals bitcoin auction..."

Reddit discussion:
http://www.reddit.com/r/Bitcoin/comments/285qzk/bitcointrust_and_secondmarkets_bitcoin_trading/
And they are not going to be the only big parties bidding for the btc. Remember yahoo stating they added btc market info, because clients have shown interest. Go figure what will happen next.



290. Post 7442723 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.54h):

Quote from: HerrAndreas on June 21, 2014, 10:58:02 PM
There is something that puzzles me about the nature of bitcoin followers traders here.
They are often highly invested in the value developement of the currency, but so little invested in the creation of that value they follow so closely.
Ofcourse certain announcements that retailer X or payment processor Y is now accepting bitcoin are mentioned, but actively doing something, setting up shop and evangelising with a profit seems to be done somewhere else.

(If you know where, I wouldn´t mind a pointer.)

 

You did notice this is the speculation sub-forum?



291. Post 7538121 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.55h):

Nothing has happened, yet you are currently reacting as if its the second coming of jesus.



292. Post 7546080 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.55h):

Quote from: Torque on June 27, 2014, 12:50:19 PM
When does the auction finish??

I think on 30th June auction will be finish, and hope sideways movement too and will move upwards after that.

Auction finishes today 6pm EST

I know auction finish today and anonunce on monday but till bid will not anounce we can't say it is finish.

Guys, what, WHAT WHAT WHAT do you think is going to be announced exactly on Monday?  Hmmm?

If you say, "what the selling price was", I'm going to reach through this computer screen and stab you in the jaw with a fork.

The selling price will be anounced monday.



293. Post 7601282 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Quote from: ChrisML on June 30, 2014, 02:26:44 PM
By the way,

Brokers platform Plus500 has no restricted closing dates anymore for the Bitcoin instrument.

Before you had a month time or it would close itself, now none. FYI.

Well they just closed my positions at 613 so dont know what is up with that.



294. Post 7606097 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Quote from: JorgeStolfi on June 30, 2014, 07:41:06 PM
if the bids were well above 630$, shouldn't he reveal the values, to push the price up?


As they already own a shitload of BTC that would be a good idea indeed.



295. Post 7606337 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Is it weird if I just took profit on some of my positions?



296. Post 7606826 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Volume is kind of disappointing at this stage imo.



297. Post 7615495 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

The previous dumps at 680$ seem to have made people cautious about buying around this price. This time however things will be different and we will go trhough 680$.



298. Post 7615589 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Quote from: windjc on July 01, 2014, 08:40:46 AM



Its amazing how a year or so ago news like this would have caused a buying frenzy, however at this point in BTC's life its just another marker on the road the to the moon  Grin


I actually think this will add fuel to the fire. Europe is just getting their day started. Most Americans are asleep.

You are right about that one, woke up, read the news, and bought some more BTC.



299. Post 7615796 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Quote from: Parazyd on July 01, 2014, 08:52:22 AM
650 :3

How awesome Smiley
Good to see people byuing.

I guess most people are actually in limbo atm. People who already own bitcoin are like "Got in at the right moment CCMF I am not selling", people who missed the first station are like "Price has risen a lot already, I am not buying now and waiting for a correction (which wont come)".



300. Post 7617124 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Quote from: Miz4r on July 01, 2014, 10:17:53 AM
I like 80%+ of Tera's posts.

There is no need to target everyone who doesnt think btc will hit 100k in the next week. Ever super bears do not bother me if they actually mean what they say, and not just posting crap for attention (aka some people we all know, no need to name them)

Agree but thing is with TERA, while she is indeed a good trader you cant help but think bullshit every time a movement happens and she claims to be on the right side of it despite being super the other way 5 mins before. Funny you mention the other one, he actually predicted $650 1st of July, scarily accurate.

How do you know he is a good trader? Everyone can say they are good at trading and make 1000% profit each day on the internet. He is a good chartist and has a very analytical way of thinking is all I can say from his posts, which doesn't automatically make him right or a good trader.

Why is there so much confusion about TERA's gender?



301. Post 7622130 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_12.56h):

Quote from: jl2012 on July 01, 2014, 03:34:27 PM
I also have one btc stowed away. In the format of a ticket for the btc1k party. It's in a corner, almost forgotten, has been accumulating dust for a while. I wouldn't mind using it before Xmas this year.

There is a good chance that the price will be 5k on the day of the btc1k party.

So the ticket to the $1k party was $1k (as you will only get to use it if Bitcoin reaches $1k again). That's quite pricey for a party ...

You can pay $650 to buy 1 bitcoin and use the bitcoin to buy a ticket now

But it will only count if Bitcoin reaches $1k one day so effectively it will have cost you $1k. There's no way around this.

No. Just consider it as a lottery ticket. If bitcoin will never reach 1k, you lose the money you spent on that bitcoin (say $650). If bitcoin reaches 1k someday, you still lose $650, but you get a party ticket of >$1k

I think I will wait for BTC to hit 5k and go to the afterparty for 0.2 btc



302. Post 7992374 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_13.00h):

Quote from: JayJuanGee on July 23, 2014, 08:33:28 PM

support looking strong, market is clearly getting ready for something big, but patience is key.




HEHEHEHE.... That is a picture of a cow, NOT a bull..  Cheesy

A cow taking us to the moon is just as crazy as a bull taking us there.



303. Post 21648258 (copy this link) (by p0peji) (scraped on 2020-04-04_Sat_15.20h):

Quote from: El duderino_ on September 08, 2017, 08:31:49 PM
AGAIN only FOOOLS would sell now

what kind of idiot is sitting now behind his pc pushing the buttons to sell BTC  Huh

Just as someone would have to be a retard to buy right now, the risk by far outweighs the profit potential