All posts made by John999 in Bitcointalk.org's Wall Observer thread
1.
Post 3689886 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.28h):
Rising price + low volume show trend weakness.
2.
Post 3694715 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.28h):
It seems pretty clear that the trend has reversed.
3.
Post 3700961 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.28h):
We have less than 5 1/2 days until we are at $1000. My countdown continues.
So far, the last 4 days have gone almost exactly like I expected.
So how about tomorrow? Any insights?
4.
Post 3701285 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.28h):
We have less than 5 1/2 days until we are at $1000. My countdown continues.
So far, the last 4 days have gone almost exactly like I expected.
Would you be willing to put 5
BTC on that?
Sure.
No predictions for tomorrow?
5.
Post 3709609 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.28h):
The altcoins are sharply up today
http://coinmarketcap.com/Wondering if it has something to do with a posible weakness in bitcoin price.
6.
Post 3711331 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.28h):
The red dragon is really falling. Not sure if the crash will come or not. Everybody is waiting for a price dump and as soon as it goes under 800 everybody buys coins like wild. I´m not sure anymore if we will easily go through the 1000$ because it looks not attractive to trade 1000 to get 1.
Trust me I won't buy like crazy just under 800...People forget that one week ago it dropped in the 400s and 1 month ago it was in the low 200s.
7.
Post 3712411 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Bitcoin is falling hard against most of the altcoins today. Maybe a sign, maybe not.
8.
Post 3712581 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Strong support at 790 stamp. Seems like the bid wall woke up and ate everything. Scary.
People want to buy cheap coins at 790 USD/BTC. Its 24h triple bot at stamp and 4h triple bot at china. Gox is double bot.
It's just silence before the storm.
Well, here is the deal guys. If the bears are going to win they must win big. This market is not just going to trickle down for a month. If it trickles down, it will do so until we get another wave of good news (they are coming more frequently these days) and it will pick up again northward.
So all of you hoping for $400-$500 coins better prey some big hands come in and bust resistance downward. Otherwise, $600 is probably the best you will see in this rally.
I still fully expect us to break northward this week. Everything here looks almost exactly like the chart in March.
How many days left for 1000?
9.
Post 3712688 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Strong support at 790 stamp. Seems like the bid wall woke up and ate everything. Scary.
People want to buy cheap coins at 790 USD/BTC. Its 24h triple bot at stamp and 4h triple bot at china. Gox is double bot.
It's just silence before the storm.
Well, here is the deal guys. If the bears are going to win they must win big. This market is not just going to trickle down for a month. If it trickles down, it will do so until we get another wave of good news (they are coming more frequently these days) and it will pick up again northward.
So all of you hoping for $400-$500 coins better prey some big hands come in and bust resistance downward. Otherwise, $600 is probably the best you will see in this rally.
I still fully expect us to break northward this week. Everything here looks almost exactly like the chart in March.
How many days left for 1000?
4 1/2
I'm quite bearish at the moment but you never know...
10.
Post 3713589 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Head fakes everywhere.
11.
Post 3713942 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
What's that coming over the hill? Is that Wall street?
Don't worry Wall Street was in from the beginning.
12.
Post 3714002 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Big money wants in, don't be fooled by the big fish who patiently waits for cheaper coins.
This is no 2011, the stakes are much higher this time.
Big money doesn't buy 10% below the ATH.
13.
Post 3714324 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Big money wants in, don't be fooled by the big fish who patiently waits for cheaper coins.
This is no 2011, the stakes are much higher this time.
Big money doesn't buy 10% below the ATH.
You are a funny guy.
Unless to manipulate.
14.
Post 3714508 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
+1
15.
Post 3721307 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
This rise is just someone (or somegroup) who is pumping the price and they have no control over BTCChina. The last few days movements are obvious algo-trades.
Agree.
16.
Post 3721636 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
The spread between stamp and gox is becoming important again.
17.
Post 3721785 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
And stamp doesn't move at all.
18.
Post 3721902 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Lies,
No new money would use Gox. This is old fiat, with cobwebs on it from Gox's cellar.
Cool story bro.
New money still uses Gox because it has historically been the most reliable and trustworthy exchange. Big money gives zero fucks about Goxbucks, they just want fresh and juicy coins.
Too bad for them because if they were on stamp they could have a nice chunk of my coins at 860
19.
Post 3722313 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Gox people are afraid price isn't going lower like they hoped, so they have to buy back in like they are doing now. The majority didn't sell because they wanted cash, they sold because the rise was to fast and they thought they could buy back in lower. Before we see new money coming in the next weeks. Stamp people actually can cash out, so there is more resistance, that's why their price is lower and rises slower. This is the exchange to watch in my opinion. China still spooked, because they had a bigger correction and some minor bearish news ( CCTV ). They will catch up when they see new ATH's on american exchanges.
Gox people are not really patient if they panic buy after less than a week.
20.
Post 3723250 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Come on Gox. I'm sure you can go to 10000 on your own
21.
Post 3724013 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.29h):
Poor bears....
Better buy back at a loss now.
I'm a bear but I didn't have a chance to sell yet, my sell orders are at 860 upwards on bitstamp...
22.
Post 3743447 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.30h):
After the $1K mark today; I've been -literally- bombarded with questions about the "roof" the price will be "landed". I know that bitcoin is nothing like anything we know up until today; but still; we can estimate a projected value regarding something similar. Gold.
This is a rough estimation I did back in March (before the April crash). I think it remains pretty accurate to give you an idea. It's also posted at
www.bitcoinvest.eu for Greek readers.
The money in circulation today ($USA) is 1,18 trillion dolars (data 20.03.2013, Federal Reserve). Gold minted during our presence here is now 171,300 metric tons. Therefore there's $6,888.5 per kilo of gold. The current (27.03.2013) gold value per kilo is $51,267 (
http://goldprice.org/) which means this is overpriced about a factor of circa 7.5. That's because NOT ALL of gold is available for trading.
If the total lot of bitcoins reaches 21M (it comes @ 2140) and NO EXTRA DOLARS are being "cut" (unlikely, but say it is so), the projected theoretical value is 1,18 trillions of $ /21 Million Bitcoins= $56,190.47 per bitcoin.
If you now take in mind the overpriced hypothesis of gold; then you get the idea...
PS:
It's also posted here answering (guess) the same question...
http://np.reddit.com/r/Bitcoin/comments/1rloww/serious_question_do_we_have_any_reasonable_idea/If you have any objections; please let me know.
What is the relationship between the money in circulation and bitcoin?
23.
Post 3744422 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.30h):
huge gap beetween gox and stamp.
24.
Post 3819484 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.31h):
I think it's time to switch to uBTC
25.
Post 3833581 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
The worst case scenario is not a drop in the low 2-300s, it is that we might enter a painful multi year bear market.
26.
Post 3833893 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.
Near the bottom
27.
Post 3836412 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
China graph last hour is so beauutifuul
Yep as long as you don't look at the 30 days graph it's fine
28.
Post 3840999 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
record daily volume on BTCChine.
sorry bears bubbles don't pop on record volume.
UP!
29.
Post 3848571 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
425 btc sell wall on bitstamp at 985
And bitsamp is blocking all bitcoins deposits as well. Very scammish if you ask me.
30.
Post 3848633 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
425 btc sell wall on bitstamp at 985
And bitsamp is blocking all bitcoins deposits as well. Very scammish if you ask me.
really , how do you mean they block all bitcoin deposit ?
I've sent bitcoins to my account hours ago, 20+ confirmations and not credited. The same for other people apparently. And the same for bitcoins withdrawals.
In the meantime the price is going down slowly, I was planning to sell at 1009.
31.
Post 3848655 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
32.
Post 3848791 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
425 btc sell wall on bitstamp at 985
And bitsamp is blocking all bitcoins deposits as well. Very scammish if you ask me.
really , how do you mean they block all bitcoin deposit ?
I've sent bitcoins to my account hours ago, 20+ confirmations and not credited. The same for other people apparently. And the same for bitcoins withdrawals.
In the meantime the price is going down slowly, I was planning to sell at 1009.
wait I will talk to them now and see if they answer
Any news from bitstamp?
33.
Post 3848914 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
Of course we are going down. That's why I don't buy the "technical" issue at bitstamp.
34.
Post 3849022 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
Of course we are going down. That's why I don't buy the "technical" issue at bitstamp.
WHAT?
technical issue?
I am so glad that I am all fiat right now.
Yes bitcoins deposit not shown on bitstamp account after several hours and 30+ confirmations. Impossible to sell at 1009 like I was planning. It's 20 lower now. And I don't know why but I have the feeling it will be lower when the deposit is credited (if it is one day, you never know...)
35.
Post 3849079 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
Of course we are going down. That's why I don't buy the "technical" issue at bitstamp.
WHAT?
technical issue?
I am so glad that I am all fiat right now.
Yes bitcoins deposit not shown on bitstamp account after several hours and 30+ confirmations. Impossible to sell at 1009 like I was planning. It's 20 lower now. And I don't know why but I have the feeling it will be lower when the deposit is credited (if it is one day, you never know...)
When did you do the deposit?
I have a friend at work that did the sent bitcoins to bitstamps this morning.
I'll check with him to see if he had problems
This morning 5 hours ago. It seems to be the same for everybody.
https://bitcointalk.org/index.php?topic=38711.980
36.
Post 3849274 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
Not too much price action. I guess the fact that all bitcoins deposits and withdrawals from bitstamp have disappeared doesn't help.
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
37.
Post 3849362 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
Still nothing credited on my account.
38.
Post 3849390 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
Still nothing credited on my account.
It's still not working. I STRONGLY advised not to do any deposits at bitstamp anymore until this is fixed.
39.
Post 3849590 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
They take 2-3 days to respond to tickets. How did you contact them?
I live in the city where they operate and I know an employee personally, so I asked him.
just have some sense and be patient.
Sure some sense and be patient. I don't know why I get nervous when I have $20000+ in bitcoins that disappear in Slovenia without any explanations. By the way your friend lied as it is still not working.
40.
Post 3849886 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
They take 2-3 days to respond to tickets. How did you contact them?
I live in the city where they operate and I know an employee personally, so I asked him.
just have some sense and be patient.
Sure some sense and be patient. I don't know why I get nervous when I have $20000+ in bitcoins that disappear in Slovenia without any explanations. By the way your friend lied as it is still not working.
he didn't lie, deposit is working, it is simply going to queue in their Data base, and when they fix the problem that caused this, they will release your funds and you can do wherever you want. now opening tickets about the same known problem that hundreds of users are still reporting wont make any difference, in fact you will just waste their time with complaining about the same thing that they are already working on.
so yes be patient and everything will be cool.
As I was planning to sell at $1009 I suppose bitstamp will refund me the difference if by any chance the price is lower when my coins are credited?
41.
Post 3849928 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
Miracle I have my coins!!! And the price is $984. Thank you bitstamp...
42.
Post 3853166 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.32h):
Nice double top!
Let's go DOWN!
No chinese manipulators are going to push the price this time
Beware bulltraps!
You lie, it's a sextuple bottom
43.
Post 3853992 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
Should we go back from mbtc to btc?
44.
Post 3855147 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
There should be some support in the 800s.
45.
Post 3855267 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
Cheap coins for everybody, let's see how the panickers sell at a loss, hopefully they can take us well below $400...
Would mind three months of bear market
what about 2 years?
46.
Post 3855376 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
If we enter a bear market i bet it will be shorter than ever.
The run-up took just one month and a half, half of what we have seen from February to April.
I see the boom and bust cycles been shorter and more contained.
I tend to agree, although I think it's going to be longer then a couple hours or couple days bear market though. The run up was so china focused that we're going to really need some strong good news either form there or elsewhere to pop us out of a bear market with any speed. Otherwise, it's back to growing normally but at a slower pace.
I think 3 month bear market would fit the pattern.
The bubble was too big, it's going to take much much much more time to recover (if it does).
47.
Post 3855505 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
If we enter a bear market i bet it will be shorter than ever.
The run-up took just one month and a half, half of what we have seen from February to April.
I see the boom and bust cycles been shorter and more contained.
I tend to agree, although I think it's going to be longer then a couple hours or couple days bear market though. The run up was so china focused that we're going to really need some strong good news either form there or elsewhere to pop us out of a bear market with any speed. Otherwise, it's back to growing normally but at a slower pace.
I think 3 month bear market would fit the pattern.
The bubble was too big, it's going to take much much much more time to recover (if it does).
What are you smoking? This was by far the smallest bubble. Or you just see a big number and think big?
This time the mainstream medias were involved. And be sure they will talk over and over and over about the crash to make sure everybody is scared for a long time.
48.
Post 3855633 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
This time the mainstream medias were involved. And be sure they will talk over and over and over about the crash to make sure everybody is scared for a long time.
Were you here in April?
I was not on this forum but I was in bitcoin. And nobody knew what a bitcoin was.
49.
Post 3856009 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
"Don't panic the price will rise and fall"
Ultimately we're breaking through the wall!
The sky's the limit!
So I guess we still are in the denial stage of a bubble pop..
50.
Post 3856871 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
A chart I posted on one of Risto's threads the other day.
Uploaded by Drew at tradingview 4 Days ago. As a short term bear his comments on the situation made excellent sense to me.
The same chart with the current trading data filled in over time.
let me guess, you have buy orders in at 700.
pathetic
700 is just the beginning.
51.
Post 3856928 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
So they can cover in great details the bitcoin crash.
52.
Post 3857412 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
One thing I never wrote here, didn't want to spread bad news...
Last Saturday guy on McxNow chat wrote that he got SMS from his best friend who knew he is into Bitcoins. He told him he is sitting with some Chicago Wall Street guy and he mentioned him Bitcoin and that his friend is into it. Wall Street guy told him to contact him and say to get out of Bitcoin as soon as possible as on Monday some guys are going to start betting against Bitcoin shorting it.
It looked fishy at the moment and even that guy from McxNow didn't pay lot of attention to it based on what he was saying but less than 24 hours after first flash crash happened and we were on top of bullish sentiments at that point.
Hahhaha, welcome to Wall street. What a joke
If that is true, it shows that there
IS indeed a limit to stupidity and that can be found on Wall Street. Shorting bitcoin.
LOL
I'm sure it is as true as Miley Cyrus being a virgin.
Do you imply that Miley Cyrus is not a virgin
53.
Post 3857834 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
Get ready for the 700s.
54.
Post 3857895 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
Get ready for the 700s.
Don't think you can spread enough fear, Sir, I respect your tries though! You have like 50 posts just today trying to encourage the drop, wonder why that would be.. I don't and neither do you, but others might.
I'm sorry just looking at the charts.
55.
Post 3858780 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
Look at them. They still think $800 is the bottom. Hahaha
I'll bet you a coin I can call the bottom more accurately than you can.
I don't know what the bottom is, I just know it is lower than this.
Way lower than this.
56.
Post 3863520 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
It was the point of this whole pump and dump.
57.
Post 3864008 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.33h):
We are testing resistance at the 800s. After that we will go back down.
58.
Post 3864213 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Gox at 809, anyone want to call the top on the current bull-trap?
850ish give or take 30, but idk
+1
59.
Post 3867573 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Anybody find it VERY interesting that BTCChina is more resistant to the downtrend and at a fairly higher price than the other exchanges.
Seems like a disconnect to me. If this rally is predicated on China's bitcoin policies, then why are the chinese less bearish right now?
I see just 20 dollars difference.
60.
Post 3868794 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.
I don't feel that what we have seen these days is a major crash.
I think this crash has only just begun. We're in a bull trap in a bear trap in a bull trap in a crash in a bull market!
61.
Post 3868905 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
my peers all live by themselves throwing away money on rent or an overpriced mortgage. Fuck that.
Some would choose that over having to admit to a potential mate that they still live with their parents.
EDIT: Besides, nothing is worse than sex with your parents in the same house.
What about with your parents in the same room???
62.
Post 3869757 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Bitcoin is by design encouraging saving and thus attracts people who would like to save. (But have only shitty ways of doing so thanks to the inflationary monetary system
)
The is the argument against a gold (or bitcoin) standard by the FED and banking status quo.
Under today's credit fiat system, it makes no sense to "save" money in currency since it continuously inflates. Instead savers are suppose to invest the money into businesses, capital spending, stocks, etc.
The problem is today no one saves this way, instead savers (those with disposable income over expenses) spend money frivolously on vacations/restaurants/crap instead of saving for the long term, and many of those who do invest do so in bubble type assets (i.e. large houses).
The fiat credit system is suppose to work in theory, but in practice it obviously does not. Hence bitcoin. It provides a real escape for true savers.
Saving is good, hoarding like a lunatic is not.
63.
Post 3869874 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Saving is good, hoarding like a lunatic is not.
The beauty of Bitcoin is that people like you can't forcefully impose your subjective preferences on anyone other than yourself.
True. But if everybody in the world was hoarding like a maniac, there wouldn't be any economy, any jobs, any leisures.
64.
Post 3869979 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Saving is to have enough if life gets rough for any reasons (like 1-2 years living expenses savings).
Hoarding is like living like a monk just for the pleasure to see your wealth grow.
65.
Post 3870604 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Bitcoin is by design encouraging saving and thus attracts people who would like to save. (But have only shitty ways of doing so thanks to the inflationary monetary system
)
The is the argument against a gold (or bitcoin) standard by the FED and banking status quo.
Under today's credit fiat system, it makes no sense to "save" money in currency since it continuously inflates. Instead savers are suppose to invest the money into businesses, capital spending, stocks, etc.
The problem is today no one saves this way, instead savers (those with disposable income over expenses) spend money frivolously on vacations/restaurants/crap instead of saving for the long term, and many of those who do invest do so in bubble type assets (i.e. large houses).
The fiat credit system is suppose to work in theory, but in practice it obviously does not. Hence bitcoin. It provides a real escape for true savers.
Saving is good, hoarding like a lunatic is not.
Confession: My name (pseudonym) is Erdogan, and I am addicted to the austrian economics.
Everything that is produced, has to be consumed or invested (in capital goods). When you buy a car, you pay with your work. Or, even easier to understand: when a farmer buys a pair of rubber boots, he really pays with potatoes. The money is just oil in the trading machinery. Money has to be maximally tradable, and it has to keep its value in the short run and the long run.
The two main functions of money, medium of exchange and store of value, are closely related, and you can not have the one, and not the other.
When you save money, you let other people consume what you do not consume. All saving is for the purpose of spending later. Tomorrow, next summer, when you retire, or by your descendants in the next few generations.
Hoarding is just a derogtive name for for saving, and the hate is undeserved. What is bad with letting some needy child getting in front of you in the toilette queue?
The savers (hoarders) deserve to be able to spend the full value of their savings when they later decide to spend.
With bitcoin, of course, you will be able to spend more. That is because bitcoin, the new money, is in the implementation phase. When you save in bitcoin, you do not just save, you are also an entrepreneur. You are paid for your knowledge and vision, by giving the world a better money.
The bitcoiners saw all that they had made, and it was very good.
Let's say only 300000 people own bitcoins today and they all decide to hoard their coins for 20 years. How will this new money spread to the rest of the population?
66.
Post 3870750 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Bitcoin is by design encouraging saving and thus attracts people who would like to save. (But have only shitty ways of doing so thanks to the inflationary monetary system
)
The is the argument against a gold (or bitcoin) standard by the FED and banking status quo.
Under today's credit fiat system, it makes no sense to "save" money in currency since it continuously inflates. Instead savers are suppose to invest the money into businesses, capital spending, stocks, etc.
The problem is today no one saves this way, instead savers (those with disposable income over expenses) spend money frivolously on vacations/restaurants/crap instead of saving for the long term, and many of those who do invest do so in bubble type assets (i.e. large houses).
The fiat credit system is suppose to work in theory, but in practice it obviously does not. Hence bitcoin. It provides a real escape for true savers.
Saving is good, hoarding like a lunatic is not.
Confession: My name (pseudonym) is Erdogan, and I am addicted to the austrian economics.
Everything that is produced, has to be consumed or invested (in capital goods). When you buy a car, you pay with your work. Or, even easier to understand: when a farmer buys a pair of rubber boots, he really pays with potatoes. The money is just oil in the trading machinery. Money has to be maximally tradable, and it has to keep its value in the short run and the long run.
The two main functions of money, medium of exchange and store of value, are closely related, and you can not have the one, and not the other.
When you save money, you let other people consume what you do not consume. All saving is for the purpose of spending later. Tomorrow, next summer, when you retire, or by your descendants in the next few generations.
Hoarding is just a derogtive name for for saving, and the hate is undeserved. What is bad with letting some needy child getting in front of you in the toilette queue?
The savers (hoarders) deserve to be able to spend the full value of their savings when they later decide to spend.
With bitcoin, of course, you will be able to spend more. That is because bitcoin, the new money, is in the implementation phase. When you save in bitcoin, you do not just save, you are also an entrepreneur. You are paid for your knowledge and vision, by giving the world a better money.
The bitcoiners saw all that they had made, and it was very good.
Let's say only 300000 people own bitcoins today and they all decide to hoard their coins for 20 years. How will this new money spread to the rest of the population?
Those who want in, will buy, the price will rise until some of those hoarding are willing to sell.
I always say I'm going to hold for the long term, but I'm a college student living off of a few thousand bitcoins, there is a price.
From my understanding somebody is hoarding bitcoins when he has more coins than you do
no I kept 10 as memories. I'm just trying to understand the psychology behind the fact that some people didn't sell in the thousands when it was an obvious top.
67.
Post 3876582 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
again the manipulators try it, but it seems like 700 will hold and gets stronger with every try
It is the resistance in the 800s which is getting stronger every day.
68.
Post 3877145 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Just watched all three exchanges get within 3 bux and Stamp and Gox within 20 cents.
Very odd synchronisation carrying on....
I feel something is going on - and it does not feel Bearish.
I would be really surprised if we see 800 again. I could be wrong.
69.
Post 3878579 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Last chance to sell at 700+ guys, better go for it...
stop spreading FUD, if there would be any reason for bear market, then gox would still have highest price but it is actually lowest.
Best argument ever!!
70.
Post 3878763 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
I think we're now we're now working on the "arm of death" as the final bulltrap before capitulation.
+1
71.
Post 3879741 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Well I found a filipina friend who lives between singapore and philippinnes so not everyone is like that or needs your money. There are a lot of poor people too that westerners pray on. Filipinas are more loving than western women, western women go for men with money, muscles and looks and rarely personality. Hence why i've not found anyone
guess you shouldn't generalise but my Uncle married one, she was obsessed with $ and left him cos his investments didn't turn out well.. other filipinas at work kept trying to hook people up to get their friends and relatives into australia - one old guy bought in, practically got married before they met.. it's quite blatant but I suppose marriages of convenience work for some.
The way I see it though at age 31 in the uk i've never had a british relationship (I had a 2 week date with a latina girl she was confused about whether she liked girls or boys, after then later inviting me to usa with her to do flight training she actually liked girls and i met her american girlfriend over there and stayed there with her for 4 months so i know it was true love for them.)
I've had a 4 day date with a latvian girl living in liverpool, we went latvia ice skating.
I then met a filipina girl on facebook living in singapore with her cousin. I went singapore and we did fun things like the zoo. We're still friends, shes gone back to manila to work. She's not looking for love with me or anything
So that's why i'm happy going to manila again
I know there's people that need money. I wouldn't go for the ones that are too obvious.
I'll be better out there finding 2 weeks of love than dieing without ever having anyone by living in the uk.
Asians like Sweet guys, UK's like hot guys. I'm the sweet guy type lol
Sorry - but I have to ask..... Do all sweet guys have links to selling porn in their mail signatures?
Excellent
72.
Post 3883363 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
I would say last time testing resistance in the 800s then down we go. To be confirmed.
73.
Post 3883497 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Gox is down for me
Down for me also.
74.
Post 3889669 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Another insight:
Above a certain volume, TA is absolutely worthless. Large holders can and do draw whatever pattern they want on the charts, sometimes to push the masses into buying or selling.
TA is BS
TA foresaw this crash. It was a clear double top. And until we break through the neck, TA will tell us that this recovery is a bull-trap.
+1
75.
Post 3890001 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
I don't think he gives a solitary fuck about any part of Bitcoin besides the price.
I don't think he gives a solitary fuck about ANYTHING besides himself... I don't like these type of guys like him.
Apparently he got a lot of people into gold and silver just before the bubble popped.
76.
Post 3890369 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
I'm so scared, I think I will panic buy before we go to the new ATH of $1700
77.
Post 3890975 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
The altcoins are booming again. Strange.
78.
Post 3891239 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Epic bull trap, or we're going back above ATH.
I think epic bull trap. But just to be sure buy orders just above 1000 in case we break the neckline in an uptrend.
79.
Post 3891434 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.34h):
Epic bull trap, or we're going back above ATH.
My prediction for the rest of the week: Rise with slow volume until Wed, then choppy downtrend to 600s, making it hard to see if a certain figure is a buying of selling opportunity.
Risto I like your posts, as they are usually non-sensational and have some value behind them, but how do you expect people to take your predictions seriously when you have admitted to trying to talk the price down because you thought 'crash was healthy'...
I have yet to see a single one of his posts come true, although yesterday he said he thinks we will resume the exponential trendline.
Doing the opposite of what he posts has proven to be a winning strategy.
So the traduction would be massive crash until Wednesday then choppy uptrend later this week?
80.
Post 3893737 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
The question as far as I'm concerned is whether this is real or some type of dead cat bounce. I mean to get over $1000, close to $1100 would mean something to me. If it stalls out soon though I'd be worried it's headed for another drop. We'll see I guess. Anyone familiar with characteristics of dead cat bounce?
I think the specialist in this area would be a real dead cat that bounces , or at least bounced while being dead
81.
Post 3894155 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
this bull trap is supposed to end soon, like duh
Yep. It's getting boring.
82.
Post 3894300 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
this bull trap is supposed to end soon, like duh
Yep. It's getting boring.
boring lol.. probably sold some more coins at 700
I am sure you sold at 950-1100 and got back in at like 640 or something like that already.
Yes I average sold close to the top, no I didn't buy back anything yet, no I don't plan to buy any, unless it passes 1050 to the upside or after a couple weeks (months) after the crash, if crash there is. What about you my smart friend?
83.
Post 3895513 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
I don't think he gives a solitary fuck about any part of Bitcoin besides the price.
I don't think he gives a solitary fuck about ANYTHING besides himself... I don't like these type of guys like him.
Apparently he got a lot of people into gold and silver just before the bubble popped.
I can't agree with that.
http://www.youtube.com/watch?v=rIP4YGXo8Nk&feature=player_detailpage#t=104117:20 They explain that they're promoting gold&silver against inflation, and bitcoin as a hedge against gold&silver manipulation.
Maybe I 'm wrong but wasn't he still shouting buy silver at $50 in 2011 pretending it was going to $300? 2 years after silver is at less than $20. And his Quarkoin call? Seriously...
84.
Post 3902609 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Wow. Someone's desperately trying to push the price down.
I can see 1500 in the horizon and its not a mirage.....
If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.
+1
If we break the ATH, we will be heading to $10k.... fck all these bears!!!
If whe break ATH, we can go to $10K. If not, we can not.
Man, analysis like this is why I keep coming here.
how about this one: if we break the ATH, we will have the highest price per bitcoin.. ever.
Can you back that claim up with a chart? Preferably with lines added manually.
your wish is my command. it took a bit of effort to get this going. i hope you give me free BTC to my wallet. plz halp, i need the money for food and a tesla.
85.
Post 3903142 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
That's just wrong
86.
Post 3903882 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
If someone sells 17k coins (to $600), we'll see a Head&Shoulders pattern.
So we are stuck below the neckline. If we don't penetrate, we will go down.
87.
Post 3904584 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Buy Infinitecoin crash JPMorgan!!!
My interim target price for Infinitecoin: $100
88.
Post 3904948 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Buy Infinitecoin crash JPMorgan!!!
My interim target price for Infinitecoin: $100
One more thing! Infinitecoin client is at version 1.8.5 while copying the bitcoin one which is at version 0.8.5!!!!
I mean, YEAHHHHHHHHH, I trust that thing!!!!
Based on that and the fact that I need to buy expensive gifts for christmas I raise my interim target price : $200
89.
Post 3905219 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
this thread is so bullish. I mean over 70% think $30,000 BTC will happen!
I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed.
anyway, it's heading back to $400 in the next 2 - 3 days. Maybe
People can conduct transactions just fine with only 1 confirm - speed is no issue.
wow just 1 x 8 min transaction. (potentially a lot longer) Thats really great
That means that my website on needs to hold off 8 mins to avoid a double purchase. 8 mins is a life time for many business models. many other cryptos do it in 1 min or less and even that is too long.
Don't get me wrong, i like BTC but it's not invincible and has flaws! big ones
0 confirmation transactions work fine! The risk of a double spend is extremely low for low value transactions. For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA.
Getting tired of noobs thinking they know anything . . .
the noobs are numerous
we must be patient and teach them how things work in bitcoin land.
been mining since May 2011. not sure that would be considered a noob.
Yes bitcoin is way too slow for everyday transactions. But some people didn't notice because they don't use it, they stick it in a paper wallet under their bed and that's it.
90.
Post 3905490 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
[…]
0 confirmation transactions work fine! The risk of a double spend is extremely low for low value transactions. For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA.
Getting tired of noobs thinking they know anything . . .
the noobs are numerous
we must be patient and teach them how things work in bitcoin land.
been mining since May 2011. not sure that would be considered a noob.
Yes bitcoin is way too slow for everyday transactions. But some people didn't notice because they don't use it, they stick it in a paper wallet under their bed and that's it.
I've thought this too, and then I thought what tHash thought. Will people really go through the hassle of trying to double-spend transactions worth a couple of dollars, or even hundreds? I have no idea how feasible that is; I assume none of the standard clients will allow it. (My own service works on 0 confirmations, but will revert the subscription if it doesn't get the confirmations. Should be a viable route for many services, I guess – but of course not all.)
I know this is off topic, but there's not much on-topic to say at the moment, is there? Except perhaps… do you think any of the people who sold at 1000–1200 have cashed out any considerable portion? Or is pretty much all the money still in the exchanges? I'm assuming the latter, in which case things could go
really fast after 1000 is broken, right?
For online shopping and things like that, the speed is allright. But for direct purchases in "real life" way too slow. I have had 3 double spend so far.
91.
Post 3906048 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Guys, difficulty just jumped up by 200 mil!!!
November KnC hardware hit the market. I'll have less BTC to throw away, trading...
Pretty bullish, isn't it?
If the price falls it's going to be painful for miners. Not even talking about ROI.
92.
Post 3906151 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Guys, difficulty just jumped up by 200 mil!!!
November KnC hardware hit the market. I'll have less BTC to throw away, trading...
Pretty bullish, isn't it?
If the price falls it's going to be painful for miners. Not even talking about ROI.
Nothing bitcoin is painful unless one overinvests! Don't you think?
Most of the miners did overinvest. But if I'm wrong throw me the numbers.
93.
Post 3906324 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Guys, difficulty just jumped up by 200 mil!!!
November KnC hardware hit the market. I'll have less BTC to throw away, trading...
Pretty bullish, isn't it?
If the price falls it's going to be painful for miners. Not even talking about ROI.
Nothing bitcoin is painful unless one overinvests! Don't you think?
Most of the miners did overinvest. But if I'm wrong throw me the numbers.
Got no numbers! Can only speak for me! I bought a 7970 before asics which I now use to game! Currently mining with 7 usb sticks!
None of these would turn me upside down!
Fair enough. I was more talking about miners with bigger hardwares.
94.
Post 3907199 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Not so boring. At one point we went from 925 to 935 on bitstamp in less than one hour. Extreme
95.
Post 3907811 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
LOL.
Let's compare charts from different exchanges.
MTGOX. We are still under the double top's neckline.
BITSTAMP and BTC-E. We are already
above the neckline
What does it mean? It probably means that we need to use other indicators to say where we are going to.
I always use the chart from BTCchina. I found it more reliable.
96.
Post 3907924 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
I always use the chart from BTCchina. I found it more reliable.
Ok, here is the chart from China.
I can't decide which variant of the neckline is correct there.
I use the one around 6100 yuans ($1000). If it is crossed on the upside with volume, i will start thinking to buy back.
97.
Post 3909317 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
I always use the chart from BTCchina. I found it more reliable.
Ok, here is the chart from China.
I can't decide which variant of the neckline is correct there.
I use the one around 6100 yuans ($1000). If it is crossed on the upside with volume, i will start thinking to buy back.
blows my mind doubling your coins near 575-620 wasn't enough for you best of luck...
the time has come no?
We are far from 6100 on BTCchina.
98.
Post 3909659 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Pretty weak trend right now.
Just wait until China wakes up.
US markets look silly compared to them.
Btcchina didn't even get close to his neckline.
99.
Post 3909723 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Pretty weak trend right now.
Just wait until China wakes up.
US markets look silly compared to them.
Btcchina didn't even get close to his neckline.
It's ~3 AM there I don't know what you are expecting.
I don't expect anything. If it breaks the btcchina trendline with conviction I buy. Otherwise I expect a fall.
100.
Post 3913188 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
My take: I don't buy it, epic bulltrap, next we go down. Maybe missing on a bull run but way too risky.
101.
Post 3913274 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
If you don't see what's right in front of you then get your eyes checked.
Bitcoin is here to stay. You've just been shaken out. Don't make the same mistake I did July by leaving 34,000$ on the table. I learned the hard way.
Buy back or be sorry.
I prefer to be sorry
I stay out.
102.
Post 3913416 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
My take: I don't buy it, epic bulltrap, next we go down. Maybe missing on a bull run but way too risky.
24h from now: "I still don't buy it, this is temporary, we're gonna go back down to the ATH"
I don't know if 24h from now the downtrend would have already started, but the uptrend would have already stopped for sure.
103.
Post 3913486 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
My take: I don't buy it, epic bulltrap, next we go down. Maybe missing on a bull run but way too risky.
24h from now: "I still don't buy it, this is temporary, we're gonna go back down to the ATH"
I don't know if 24h from now the downtrend would have already started, but the uptrend would have already stopped for sure.
lol, who gave you that idea?
Btcchina chart. It tells me a top of maximum 6100-6200 yuans then trend is down. We shall see tomorrow if it's right or not.
104.
Post 3914390 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
No ATH yet ?
Still waiting 6100-6200 to be broken on BTCchina...
105.
Post 3914746 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
You are missing the last parts on your chart, but I'm sure you know it
106.
Post 3914803 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
bad news in china or why their chart is going down again?
Because the price is about to take a serious plunge.
107.
Post 3914868 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
PANDA AMBUSH IN PROGRESS!
108.
Post 3914902 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Here we go. Its crash-a-thon time.
Nope ,,, we will go to $800. Thats not a crash but a healthy correction.
We are going way lower than 800.
109.
Post 3915101 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.35h):
Ouch, it's hard to fail for the bull trap
110.
Post 3919360 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
600s here we come.
111.
Post 3919591 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
I'm getting more and more concerned that no-one here seems to want to explore or even counter the 'negative' arguments around bitcoin or crypto...I don't mind reading erudite or informed denunciations of such arguments but everyone seems awful keen to dismiss any naysayers as idiots/fools without actually making a cogent defence.
Did you have a specific concern you want addressed? Most of us here can see right away that there is not one piece of intelligent thought put into an article like that, so dismiss it. If there is something you have a question about, ask! We are then more than happy to share wisdom
I'm having a similar but more specific exchange with Marcus_of_Augustus o this thread
https://bitcointalk.org/index.php?topic=365730.new#newMy concerns are that forum members tend to dismiss negative arguments rather than take the time to counter them. I've spent a bit of time in real world convincing friends that BTC has a future but I imagine if they came here and saw the responses from members they wouldn't be that convinced.
Every negative article tends to generate a series of ad hom attacks: now, if you were a newcomer/visitor and you saw a respected economist/author (whatever) put their argument and the counter was "he's an idiot' from an anonymous forum member, who would you tend to believe?
There are a lot of intelligent people here but BTC's future tends to be more of an article of faith these days than solid, developing postulations.
If you've been around here you for a while you would see that people have been intelligently postulating since the beginning.
Pretty much at this stage I think the general consensus is that those arguments have been countered to death and there's no point repeating over and over.
That is Marcus's stance too and I think it is a worrying development for the following reasons:
1. Theoretical arguments exist only in contemporary environments - BTC exists within a social, economic, technological and geo-political world different to that of 12 months, two years, three years ago. Not revisiting and reviewing arguments in any other field would be considered lazy and arrogant - why is BTC different?
2. This is a public forum and the casual visitor should be seeing cogent arguments rather than blase dismissals. I've been visiting since late 2011 and the forum content has, with broader adoption, moved tone to one that shares many of the tendencies similar to those of a cult: unreasoned faith, multiplication of adherence, attacks on critics.
3. General apathy ("we can't be bothered disputing this") is often the beginning of the end of the exploration of ideas, especially risk assessment...it smacks of arrogance and usually doesn't end well.
Just saying :/
I disagree, I see pretty strong counter-arguments like: choo choo, to da moon, thank you for the cheap coins...
112.
Post 3919866 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
@ maz: Agree; but we may have a better chance off it than fiat.
Are you sure of that?
http://www.businessinsider.com/927-people-own-half-of-the-bitcoins-2013-12
113.
Post 3920115 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
What did you believed , that each of us will have 0.0x bitcoins and we could all be rich?
No more people starving , no more forests cut in the Amazon?
This ain't a tool to reach utopia and never was.
No but I certainly didn't expect so many people to get fleeced in the not too distant future.
114.
Post 3931075 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
We are in a full bear market now and wishful thinking won't change a thing. Expect the price to go down for a long while (except the bounces here and there).
115.
Post 3931347 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
We are in a full bear market now and wishful thinking won't change a thing. Expect the price to go down for a long while (except the bounces here and there).
The best you can hope for is a sideways to downward movement lasting 2-6 weeks, but never going below $600. Thats best case scenario for you.
Money is flowing into the exchanges and massive amounts are accumulating on the sidelines. When the market starts to go up again (after its found the new bottom its searching for now) that money is going to be forced back into the market and ATHs will be days away at that point.
I'm not eager to buy back, as it will take a really long time (several weeks to several months) to find a low. And yes I think it is going below $600. Anyway we will find out soon enough.
116.
Post 3933608 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
Would that be the kind of basic analyses that's pulled from ones ass? The rolling dumps aren't pushing it down, the ddos's failed and they're out of coins to dump down more than a few percent. The air's so thick with bear fear you can almost taste it, there'll be a bloodbath when the first one panics. Ahh, terrible
Would love to discuss what you just said.
but i need to go out soon.
I'll just quote "they're out of coins"
see you back here in 24 hours to discuss.
117.
Post 3934970 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
Think ChartBuddy is going to take a holiday until Gox gets its shit together.
OMG IT'S ALIVE!
118.
Post 3937077 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.36h):
119.
Post 3947267 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.37h):
This price rise could be another bulltrap. Let's see if we go test and break the 6100-6200 level on btcchina.
120.
Post 3948420 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.37h):
What does the cup and handle suppose to signify?
It is a bullish pattern.
121.
Post 3948438 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.37h):
Yes I don't think we have one here either.
122.
Post 3950572 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.37h):
In reality its more like using one credit card to pay off another, we're all waving flags and patting ourselves on the back here but most don't realise we've not actually paid back anything significant yet and that government gluttony is still hanging around our necks. It gets those IMF bastards out of here though so its not totally stupid.
Is AIB is still in deep shit, and 98% state-owned?
I'm not keeping a close eye on it but as far as I know yes, its still a real mess. Nothing much on the surface but if Keisers right about UK properties then we're in for a shitstorm with the banks here, anything bad could end up shafting taxpayers badly.
I like Max Keiser: so he sees a bubble in UK properties but in bitcoin of course not.
123.
Post 3960657 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.37h):
124.
Post 3961637 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.37h):
It's possible that we visit 650-700 on stamp, but I would not bet on it, especially when there's pretty low win% to get.
It starts to be more and more clear that we're not entering bear market from here because we have found so solid state not only from above $650 (50% from 125->1160) but from above $850.
And, Pietila is predicting down and Loaded showed up, that's two bullish indicators.
sigh.. I can't handle sideways...
I'm starting to feel uneasy.
Something's cooking up.
Yes.
125.
Post 3962373 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.37h):
Look at btcchina to see how steady we are...
126.
Post 3963524 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
It could be bullish if they find inhabitants on the moon and they want to buy bitcoins.
127.
Post 3964357 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
Now extrapolate 2 years into the future... Wonder if the same sentiment will apply then as well.
It will, but probably not in the way you think.
Are you a long term bear?
128.
Post 3976049 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
I predict we break down trhough support soon on high volume and then fall rather quickly.
Discuss
I don't know if it will be soon, but it is the next step that can be expected.
129.
Post 3976182 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
I predict we break down trhough support soon on high volume and then fall rather quickly.
Discuss
I don't know if it will be soon, but it is the next step that can be expected.
Perhaps it is expected a little bit too much?
True. Perhaps we will see instead the price slowly bleed for several weeks.
130.
Post 3978725 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
5800 CNY
131.
Post 3978798 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
5800 CNY
No Harping on you cause you were right for to wait for 6100 to break with volume.. but do you think 4800 cny is more likely?
We could go to 5800 CNY but I would be really surprised. And it still wouldn't mean that the downtrend has reversed. But yes I expect more sub-5000 CNY even if support seems to be quite strong at the moment.
132.
Post 3989578 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
Maybe I should create my own coin: PumpDumpCoin?
Yes and I am sure Max Keiser will endorse it
133.
Post 3989630 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
DogeCoin has 2nd highest hashrate of scrypt coins at the moment. The World has gone mad, lol
Is it a protest against alts?
That said, ZET was good to me. Bought for 5 BTC and placed auto-sell orders way higher (thought they never would get hit), then forgot about them. When I checked back on Cryptsy, I had 25 BTC there. The only regret: those sell orders were 10x lower than the going price today: I could've have got 250 BTC!
Some alts are good and have a future but most of them are useless and their sole purpose is pump and dump.
134.
Post 3989875 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.38h):
If this is a fake news story then china really was looking for a reason to sell.
It breaks 4700 yuan
crazy chinese needs money for hookers?
135.
Post 3992329 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.39h):
sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens
I am sure it will still drop, people are reacting to the change, they start buying thinking they will miss the chance if it will go up, but watching these days the price dropping makes me almost sure it will continue, there were so many good news and no bad news at all, but again price still drops.
we went too fast from the low of $85 in the 1st of October to 1242 in only 2 months, even the one who bought at 120 would think to cash some of the profit, so what do you think of people like me who bought some stash earlier ?
it will bounce back than test 700 than bounce back then test 600, than we will see what will happen after that.
Of course it will continue to drop, with the some bounces here and there. And by the way it has nothing to do with this chinese news...
136.
Post 3993522 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.39h):
agreed again. Unfortunatly some people have still not realized that since the double top the train is going into the other direction...
watch and learn
target 5800 CNY
You are a pro? Good to know
137.
Post 3993629 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.39h):
agreed again. Unfortunatly some people have still not realized that since the double top the train is going into the other direction...
watch and learn
target 5800 CNY
You are a pro? Good to know
ill have you know price did bounce quite hard....
the target wasn't met, but its not like i sent a buy recommendation to bitmovements
Price bounced to 5300 CNY maximum, please...
138.
Post 3993741 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.39h):
5800 CNY
No Harping on you cause you were right for to wait for 6100 to break with volume.. but do you think 4800 cny is more likely?
We could go to 5800 CNY but I would be really surprised. And it still wouldn't mean that the downtrend has reversed. But yes I expect more sub-5000 CNY even if support seems to be quite strong at the moment.
This for example.
139.
Post 3993851 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.39h):
5800 CNY
No Harping on you cause you were right for to wait for 6100 to break with volume.. but do you think 4800 cny is more likely?
but I would be really surprised. And it still wouldn't mean that the downtrend has reversed. But yes I expect more sub-5000 CNY even if support seems to be quite strong at the moment.
This for example.
well wtf you agreed with me we could go as high as 5800. ( that was indeed what the market was targeting as the high )
it failed to make it...no one was surprised.
Yes but I don't claim to be a pro
and I don't push people to buy at any price. Just saying.
140.
Post 3996798 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.39h):
I think another dump will follow soon, we might visit 500 till tomorrow
You are trying hard to force people to sell, aren´t you? What happened? Sold too cheap? Hoping to buy cheap coins back?
You guys say this crap every time bitcoin has continued to fall since $1250.
yes price dropp to 1100 people here " we will break ATH and further" than price 1000 and the same thing than price 900 and the same thing, people dont want to realize that we went from 100 to 1240 only in two months, this is damn fast if you ask me...
yes sure price did re-bounce back few times, but if you zoom out and look to the charts, we are correcting, slowly dropping and people are starting to realize that.
now I wish I am wrong, I still want to see my BTC worth even more.
So true.
141.
Post 3998257 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.39h):
[...]
nothing is wrong with selling.. a lot is wrong with panic selling.. and that is a majority of what I see pushed
It's only panic selling if you didn't conclude price will continue to fall and you sell anyway.
I see more and more evidence that this correction is far from over.
Hence my recommendation: wait for a moderate rebound (tonight? tomorrow maybe?),
take a long, hard look at the charts and the tools of your choice, and then decide if it's time to sell some.
Especially take a look at the 3 months or 6 months charts to see where it's going.
142.
Post 4012562 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.40h):
China looks like its about to push up again. Weird the way the market prices are way out of balance yet their movements stay in step with each other.
I think China is dead actually
How can anyone be bullish by looking at this chart?
143.
Post 4017226 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.40h):
Ya okay.
Back ontopic?
Is this the ultimate low? Or shall it break and go beneath 700,-
It seems gox and stamp are slowly catching up with china.
144.
Post 4023105 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.41h):
Well we are close to bottoming. Think there is about one last wash or two left then we go up. Could linger here for a few hours but don't think days. Bought back most of what I sold at 900 and 1100. Still some last bids left.
Discuss.
Yeah, basically several billion humans found out today that they are not allowed to invest in bitcoin exchanges. I do not think we have hit a bottom.
Discuss.
You are over reacting. The market has fallen a lot already. People are getting bearish in hear as well. Kind of funny how everyone was bullish here a few days ago when we were at 900. Yes that was prior to Chineese news but technically it looked awful. You must understand that the price drop has de-leveraged the risk quite a lot now. Technically we look much better off now than 3 days ago.
Discuss.
You bought back too early.
145.
Post 4023267 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.41h):
$425 on CNY, that means trend is still downwards
Stop looking at CNY, noobs
Their market is rigged completely manipulated by the officials.
Can you connect the dots now ? Or you still believe Mt.Gox does not follow CNY.
$380 on CNY now btw
+1
146.
Post 4023308 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.41h):
Max keiser is that you? Your target still at $1400? What about quarkcoin?
147.
Post 4786396 (copy this link) (by John999) (scraped on 2020-04-04_Sat_11.59h):
148.
Post 4796655 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.00h):
and huobi is offline now for 15 minutes
Edit: back online
Back down again now.
Anybody can access huobi.com?
149.
Post 4878188 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.02h):
China train is fake !
*CHOO CHOO
150.
Post 4921193 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.02h):
Which exchanges besides CampBX allow margin? There was one being mentioned on here during the last run-up and can't remember what it was.
Bitfinex?
151.
Post 4973605 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.03h):
Every bitcoin post-rally has a slow final downwave that involves a 1 week MACD cross. It doesn't really need to be news-based.
Has it been crossed? Last time I checked it was pretty close.
152.
Post 4977880 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.03h):
Bitcoinwisdom.com has not been working properly all day.
153.
Post 4977977 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.03h):
Can somebody with a working bitcoinwisdom post a screenshot of the 4h chart for stamp. Thanks.
154.
Post 4978315 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.03h):
155.
Post 5037755 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.05h):
Anybody else having trouble to log on btc-e?
156.
Post 5084255 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.06h):
Bears, this is the buying opportunity, right now. Smart investors buy when the market is fearful, not the other way around.
Put on your big boy pants, place your buy orders, grab your iron mallet and do some troll hunting.
Nice try
157.
Post 5089006 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.06h):
I hired 17 monkeys that press F5 on bitstamp.net 24/7. They´re quite fast btw.
158.
Post 5197368 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.12h):
Anybody can access blockchain.info?
159.
Post 5234923 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.13h):
@KeyserSoze,
And that is when the game stops being OK. That is because in order to lure new players, some of the bitcoin "evangelists" are resorting to plain lies, painting bitcoin as a "good investment", an hedge against "rampaging inflation", etc. They keep showing that false arithmetic of total e-commerce divided by 21 million. Some still claim that bitcoin payments are untraceable and un-seizeable. (You may have seen my tweets a couple of weeks ago where I argue with someone who claimed just that.) And the bitcoin salesmen conveniently forget to mention the growing legal barriers, the dozens of exchange failures that ate millions from their clients, and the many other things that would turn sensible people, even uneducated ones, away from the bitcoin game.
Really, I didn't notice that
160.
Post 5242408 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.13h):
It is my understanding that a lot (most?) of the regulars here have fonzie on ignore (I don’t ignore anyone) so I won’t quote him, but he actually made a non-trolly post a few pages ago (his post was in the midst of the barbequing of Jorge). He, fonzie, has a misunderstanding, but it is worth exploring for the benefit of those new to our tech coin.
The essential point of the post by fonzie was that it shouldn’t matter what the current exchange price for XBT is. He used the $1 - $100 figures. And, to be fair, he’s right that the protocol will work as well with a value of one cent or ten thousand dollars. But, the protocol works best if there are many, distributed, nodes who individually test and verify the contents of the blocks.
The biggest problem, fonzie, is that at $100 per coin, many miners will unplug their equipment. Granted the vast majority of them will be small hashraters like me, but I believe that a good percentage of the larger miners will examine their hole cards and shut down too. If that is true then you would be left with the very largest miners in control of the blockchain and that may or may not be a good thing. The arguments against consolidation of mining can be found in other sub-fora so I don’t need to get into that except to say that I personally think it would not end well.
As a day trader one need not be overly concerned by the current price, only the direction and velocity matters. As a miner, the USD 700 level seems to be about the minimum level for (my) continuing operations. A little below that can be subsidized out-of-pocket for a short period. Much below that and the decision to unplug is easy. In my case, if the exchange price goes below $500, and stays there for a month, then I will have made my choice. Newer miners, with more expensive equipment, may reach their magic number sooner.
So, fonzie, I submit that the price does matter.
You do know that the difficulty re-targets itself if the target blockrate is not met right?
Bitcoin would theoretically work with very very few miners but would then be hugely susceptible to 51% attacks.
The reality is as more miners stop mining it becomes easier hence more profitable and your problem dissolves into thin air
The worst scenario: price drops, small miners quit, big miners form a cartel to raise unilaterally the transaction fees.
161.
Post 5342190 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.18h):
Stamp down?
Edit: back.
162.
Post 5342888 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.18h):
163.
Post 5344104 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.18h):
are we going to have that same rebound at 630 on stamp or are we going lower
I came out my short at $550....but having sat and observed the action since then I sense that sentiment is very negative so have re-entered the market with short trade.
All the big trades are smashing into Bid wall, not to say that there isn't resistance but not nearly enough.
The 10K whale tricked trading bots on Bitstamp into hoovering up over 5K of BTC at $579. That is 5k of BTC which is now bagholding coin from a trader point of view. In this respect it is probably safe to say that the absolute near term top for a trader is $579.......just not worth it for most, and then many more anxious bagholding these whale coins and lots more bought at higher price levels who will be looking to cut their losses.
I will stick my neck out and say that we penetrate $530 proper from here.
I smell a possible bear trap. Wait and see.
164.
Post 5549210 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.24h):
165.
Post 5566543 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.25h):
All the latest blocks are quite big. 289351 a couple of minutes ago has almost 105000 BTC.
166.
Post 5761715 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
Has blockchain.info been down for a long time?
167.
Post 5761804 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
Has blockchain.info been down for a long time?
Yes its been down for a few hours due to a database issue.
Thanks. They seem to be down quite often lately.
168.
Post 5762439 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
Almost 100000 BTC moved in the last 3 hours
http://blockexplorer.com/
169.
Post 5762616 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
Block 291157 at 168000 BTC
http://blockexplorer.com/
170.
Post 5762915 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
Block 291159: 260000 BTC
http://blockexplorer.com/
171.
Post 5763043 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
Thats huge, any spike in bitcoin days destroyed though?
gives the days destroyed for each block.
172.
Post 5767756 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
Bitcoinwisdom down?
173.
Post 5790024 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
@mah87
What's your target price for ripple in the future?
174.
Post 5792344 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.27h):
@mah87
I can see why you are bullish in the long term for ripple. But it can also totally fail. And in its actual form it is too complicated and lacks quality gateways. Also the ripple wallet is pathetic with all these bugs.
175.
Post 5949660 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.30h):
whats that bears??
I was saying... "choo choo all aboard the train. look we're having a nice retracement and 1000 coins were just bought/covered (while following huobi) so obviously this means all downtrends are broken and we're going to da moon".
I knew $466 was the final bottom because we spent almost 10 minutes there
176.
Post 5982565 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.30h):
The chart looks like two people stepped on land mines. Short sellers gotta wonder how many more are out there.
lol you're pretty transparent in your desperate attempts at arguing why the price would go up. It really shines through that you're in a bad big long position that you are looking to exit.
Have you even looked at the actual stats I shared a few posts back?
Shorts are reducing their positions not adding. We are taking profit since we, unlike you, have a profit not a loss.
You're such a beta, I bet you don't even lift. Keep posting, btw, I'd put you on ignore for our pure stupidity but watching you loose money is too fun.
The massive bitfinex long positions have even increased, standing at more than 17 millions. During this drop nobody has covered. I guess they will go kamikaze style until they are margin called.
177.
Post 5999550 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.31h):
Has anyones Bitstamp wire been credited yet? Noramlly in by now
when did u send?
Early Friday, but Ive often had deposits credited within a few hours...
My deposit (SEPA) from friday hasn't been credited yet either. But I've noticed that Bitstamp has become a bit slower with SEPA deposits recently unfortunately.
I have noticed that as well.
178.
Post 6110825 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.34h):
Did anybody have the opportunity to try out the beta version of Reggie Middleton's ultra-coin yet?
179.
Post 6111023 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.34h):
Did anybody have the opportunity to try out the beta version of Reggie Middleton's ultra-coin yet?
Is there a thread about that? Has nothing to do with ultracoin the coin, has it?
No nothing to do with the coin.
http://ultra-coin.com/
180.
Post 6175437 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.36h):
181.
Post 6187525 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.36h):
13 millions USD swaps = 30000 BTC at current price. So longs still outnumber shorts by a factor of 3.
182.
Post 6199036 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.37h):
Volume is incredibly low.
I just encountered BlackCoin and I think it's a very interesting pump concept. The coin switched from PoW to PoS. Now the only way to mine it is indirectly, and to facilitate that, there is a multipool, bcmultipool.com, which mines scrypt alts, dumps for BTC, and buys BC with BTC. It then pays out in BC.
The effect is that every 20-60 minutes there is a market order for BC. The BC bid keeps going up. Also, whatever scrypt is leading the return on difficulty gets dumped. If enough miners decide to take payouts in BC in this way, BC would then drain the marketcap of all the scrypt coins.
I like this idea, because I think its good for BTC. It's a layered market, and it reduces the fog of uncertainty regarding competitors by dumping and crushing the value of a large number of trash coins. Not sure if it is actually an improvement over just switch-mining with BTC payout, though. I might be.
But surely the fact that the last stage of Blackcoin mining is dumping the BTC, makes it not good for BTC? You get a big BTC dump whenever the blackcoin pools pay out. The more popular blackcoin gets, the bigger the hash, the more alt > btc mined, the bigger the BTC dumps. The value of blackcoin keeps rising, so few are buying straight back in to btc when they get paid. So the net result is more bitcoin getting dumped at current buy order.
I'm mining on blackcoinpool.com with 4.2MH and getting about 0.0034 btc worth or blackcoin a day, which is twice what I've been getting of pure btc on multipools. I also bought 10,000 blackcoin at 9000 satoshi, it's now at 30,000+ :/ I'm very wary of altcoins, but this has been incredible so far.
It is an interesting concept. So if I understand correctly it should affect negatively the price of scrypt coins?
183.
Post 6203983 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.37h):
Does your valuation take into account the fact that Bitcoin mining as we know it will collapse very soon?
If that were true - which it is not - the large holders would subsidize it or the miners would change the rules.
What's wrong with Bitcoin mining?
What's wrong ? Maybe 34% coming from "unknown":
https://blockchain.info/pools4PHs appearing from thin air in february ?
Do you think these are technology loving anarcho-liberals who want to get rid of the evil govs ?
In a couple of years you, for example, will be looking like a sad little dwarf at them. Until then. $500 at most.
ASIC is the cancer.
Does your valuation take into account the fact that Bitcoin mining as we know it will collapse very soon?
If that were true - which it is not - the large holders would subsidize it or the miners would change the rules.
What's wrong with Bitcoin mining?
What's wrong ? Maybe 34% coming from "unknown":
https://blockchain.info/pools4PHs appearing from thin air in february ?
Do you think these are technology loving anarcho-liberals who want to get rid of the evil govs ?
In a couple of years you, for example, will be looking like a sad little dwarf at them. Until then. $500 at most.
ASIC is the cancer.
So unknown + Ghash = more than 51%
Very healthy
184.
Post 6204047 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.37h):
So unknown + Ghash = more than 51%
Very healthy
Ok , how about we dump to 2$ now because of that?
Seriously , too much bear in here
It doesn't bother you that undercover Ghash might be controlling more than 51% of the network?
185.
Post 6245514 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.38h):
Kudos to myself for being spot on Pboc story ain't finished until exchanges are closed or delocalizedLook at that long Red wick on Huobi.. Chinese says Fuck u white boy!
Usually when the wick is that long, expect bad chinese news later on..
We are at the mercy of chinese traders. They get the news firsthand and sets the Trend, some bots that follows CNY movements eats part of the cake.
That is why pricing has been unpredictable for westerners. And I am totally uncomfortable with that. Until Huobi/okcoin gets shut down by PBOC or move out of china, I'm keeping my Fiat out of this gamble.
I believe we've just hit the top.
There was a lot of struggle in that pump
I agree, this current pump has no follow through. Soon it'l retrace back to 500, afterwards sub 460 to test some support.
This rally will end soon as it cannot be sustained by enough bids (less than $11 million bids) and has been fueled mainly by china and previous sellers who believes 340 as bottom and getting back in. To summarize, bitcoiners have short memory about the situation with pboc and is currently blinded by 'fear' of missing the fantomatic moon train.
Pretty accurate analysis.
186.
Post 6247582 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.38h):
A serious correction is due. After that, if we can break above the purple cloud, we are back in a bull market.
StochRSI is really scrapping the roof
187.
Post 6310690 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.39h):
Here's the approximate translation of what you can see on their website:
Website instability, we are dealing with ...... Fire fire too fast currency network, server, this time a total cramps Bitcoin you play harder than me, you can not stare 24 hours because I finally can not single ah If you're still worried, welcome to abuse my QQ Service If you think can help, we are hiring PHP engineer Then refresh the look, try their luck
网站不稳定，我们正在处理......
火币网火得太快，服务器这时候总抽疯
玩比特币的你比我还辛苦，你24小时盯盘不能因为我最后不能下单啊
如果您还是着急，欢迎去虐待我的 QQ客服
如果您觉得能帮上忙，我们正在招聘 PHP高级工程师
再刷新一下，试试手气
188.
Post 6310782 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.39h):
Meanwhile btcchina and okcoin are going lower.
189.
Post 6328699 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.39h):
190.
Post 6389801 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.40h):
So here is your last chance to get coins for <500.00
You will never see bitcoin prices much lower than this again. It might go slightly lower and may even retest the last low at around 350.00 but this is buy zone if you haven't already. You can quote me on this and thank me later when we are at 10,000 plus in a few short months. China is only an excuse and mars can easily be reached without her. Don't believe the hype.
Where have I heard that before? Oh wait, $600.
And you will still hear it at $200
191.
Post 6459378 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.41h):
A great squeeze is coming: Finex $17.2 million longs beware.
What's the maximum leverage there?
Max 2.5 for the recent accounts.
192.
Post 6555707 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.42h):
I have been looking at ripple lately, it seems it is in the process of bottoming (maybe a bit more downside). For the bitcoiners here's how a bottom starts to look like (notice the volume).
http://www.ripplecharts.com/#/markets
193.
Post 6577510 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.43h):
Yea, the BTC Summit is going to be a bust.
Who are the sponsors? I saw a page that mentioned a company with apparent Chinese ownership and with ".pe" (Peruvian) domain, but never heard of them before.
You can see the sponsors there on the lower right side
http://www.globalbtcsummit.com/en/
194.
Post 6667874 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.44h):
So are we going to final bottom around $370 next week or not?
Don't bet on that. This could be the last chance to buy < $450.
So this time it is the last last last last chance
195.
Post 6669033 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.44h):
So are we going to final bottom around $370 next week or not?
Don't bet on that. This could be the last chance to buy < $450.
So this time it is the last last last last chance
Could be.
heheh sidemoney is getting nervous because of not seeing that "last drop"...
global panic buy soon? to teh moon?
This should be bitcoin bulls trademark: "bottom fishing since $1160"
196.
Post 6684639 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.44h):
Today Bitpay is coming with a huuuuuge announcement right?
We will see. It is the new crypto trend to pre-announce announcements and not deliver.
197.
Post 6765115 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.45h):
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...
Yep. Noticed that a couple of days ago.
198.
Post 6831923 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.45h):
Yeah the same old game. The price rises a little and all the bulls crawl out of their hideouts to bathe in self-praise while laughing about bears. Two days later they are gone again. And vice versa of course.
I actually think we will see a nice rise this week. Without any dumping at the end.
Of course. And the good thing is that bitcoin is not grossly overbought at the moment
199.
Post 6836846 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.45h):
3D EMA crossover
The great bull-run has begun!
Strap in!
200.
Post 6863278 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.45h):
Anybody knows anxbtc exchange? They seem to have popped from nowhere and are now number 2 for volume.
http://bitcoinity.org/markets/list?currency=ALL&span=24h
201.
Post 6871387 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.46h):
Does this look like a Head and Shoulders forming to anyone else? and does this mean the downtrend is in reversal.. does this imply up from here??
Interested to hear other views.. To me, following the breakout, and going north of 500, this is yet another confirmation of a reversal.
All bullish signals.
EDIT: I'm not expecting rally speed up.. but a nice drift gradually upwards would be nice for now.. interspersed with a few legs up here and there as more take the plunge or get fiat to exchanges.
Don't really understand what you are trying to say. head and shoulders patterns are bearish.
202.
Post 6871439 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.46h):
Does this look like a Head and Shoulders forming to anyone else? and does this mean the downtrend is in reversal.. does this imply up from here??
Interested to hear other views.. To me, following the breakout, and going north of 500, this is yet another confirmation of a reversal.
All bullish signals.
EDIT: I'm not expecting rally speed up.. but a nice drift gradually upwards would be nice for now.. interspersed with a few legs up here and there as more take the plunge or get fiat to exchanges.
Don't really understand what you are trying to say. head and shoulders patterns are bearish.
No they're not, they're either. A sign of reversal as it were.
http://en.wikipedia.org/wiki/Head_and_shoulders_%28chart_pattern%29"Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend"
It is called an inverse head and shoulders. And it is not what is shown.
203.
Post 6882852 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.46h):
Huobi seems to be the only market with a surplus of money... hopefully they have enough to keep this rally going.
It is what I was thinking. For an exchange who is supposed to be cut off from banks and without margin trading it is not that bad
204.
Post 6955690 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.47h):
Seriously? They had a fork?
Yes because of the master nodes apparently.
205.
Post 6990463 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.48h):
Huge Ripple pump, the train is leaving soon.
Glad i didnt get caught in the beartrap & fud
This train might encounter some trouble soon (aka the 9 billions dump next week from Jed).
206.
Post 6990570 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.48h):
Huge Ripple pump, the train is leaving soon.
Glad i didnt get caught in the beartrap & fud
This train might encounter some trouble soon (aka the 9 billions dump next week from Jed).
like if jed is going to sell it all on the market. that'd be dumb, he'd loose a lot. better selling it in chunks to private investors avoiding public marketplaces
We will see next week
207.
Post 7014315 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.48h):
What is going on at Cryptsy?
Why people are still using cryptsy
208.
Post 7022744 (copy this link) (by John999) (scraped on 2020-04-04_Sat_12.48h):
209.
Post 9168675 (copy this link) (by John999) (scraped on 2020-04-04_Sat_13.23h):
I understand that it's possible they get a bunch of banks aboard, but that's more like a slim chance, a gamble. How many they got now two, three tiny ones?
yep, 3 tiny one are officialy onboard but this means a lot. Rabbobank is also testing and national city bank too and they are not tiny.
But this is true Ripple will attract first small banks. But I'm telling you 100banks the next 12months is really possible.
The only way you can profit is by holding XRP, yet large amounts of it can be released onto the market, or
created at any time. You can only profit if they let you, and they won't allow outsiders to reap huge profits for their hard work (assuming Ripple makes huge profits long term - which is very debatable).
still a very very bad understanding of ripple...
I prefer stellar.
210.
Post 9168746 (copy this link) (by John999) (scraped on 2020-04-04_Sat_13.23h):
I prefer stellar.
this is the same technology
Yep but only one has Jed
211.
Post 9258713 (copy this link) (by John999) (scraped on 2020-04-04_Sat_13.25h):
Any updates on Mintpal? Can affected users now withdraw their remaining balances? I haven´t found a thread and am curious.
Also this just came in...
http://www.coindesk.com/bitcoin-trader-customer-losses-management-disappearance/"A popular bitcoin arbitrage service has collapsed, resulting in the loss of customer funds and the dissolution of a company that had a notable presence in the industry."
Another one bites.....
212.
Post 9828639 (copy this link) (by John999) (scraped on 2020-04-04_Sat_13.39h):
Again, can somebody tell me if the 17 million USD buy wall for XRP at Bitstamp is a glitch or something?
It's a buy wall almost double the buy wall of the famous BTC BearWhale for fuck's sake lol
I believe anybody can set up a fake wall on ripple.
213.
Post 16618893 (copy this link) (by John999) (scraped on 2020-04-04_Sat_14.58h):
Is the network under a spam attack or something like that? the unconfirmed transactions keep going up.
https://blockchain.info/unconfirmed-transactions
214.
Post 16618973 (copy this link) (by John999) (scraped on 2020-04-04_Sat_14.58h):
last block is 30 min old. it's called variance.
and this is obvious also not the answer to the scaling question to lift up the blocksize limit. I don't want to wait 30 min for the first cinfirmation if I pay something in Bitcoin.
Well I have been waiting 3 hours+ for my transaction first confirmation
