All posts made by nanobrain in Bitcointalk.org's Wall Observer thread
1.
Post 3578490 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.23h):
I suspect the pattern will be a typical "Thursday fall", a slight rally and a significant correction at the w/e with more gains next week.
2.
Post 3578645 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.23h):
It often doesn't show the price for me.
So, go on...enlighten us!
3.
Post 3608356 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.23h):
Just had an interesting discussion about bitcoin with a guy I just met. Fascinating. He's well versed and seems to get it fully, yet thinks governments won't allow it. No "oh, you out smarted us!" or such. He may be right. Yet he acknowledged it couldn't be shut down, just outlawed.
Who else is ok with bitcoin being "just" an underground thing, eh?
I tend to agree with him.
As much as I would like to see crypto be the catalyst for a new, fairer economic system I think the 'fiat is dead' crowd is somewhat deluded. Power traditionally comes from the point of a knife/barrel of a gun and the idea that govts will just let their economic authority be undermined flies in the face of human history.
Of course, what has happened in Germany, with BTC adoption there, is a counter for this argument.
It will boil down to "what's in it for us" and "can we control it". If the current global hegemony can continue their control, they will let the masses use fava beans for currency for all they care.
4.
Post 3608469 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.23h):
It doesn't attack the existing system; it creates a new one.
This.
Which is unfortunate because I would have liked to have lived through a great global economic revolution
5.
Post 3608933 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.23h):
So, Walsoraj, what happened to the single digit coins you were predicting?
Where can I pick some up?
6.
Post 3609022 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.23h):
There was a thread that specifically asked about banking on weekends, and, apparently, they are open for normal business. I can't verify the veracity, only that the statement was made, and sadly can't (won't bother to) find the thread, though, it was here, somewhere. :-)
A six day week is standard in China and Shanghai certainly never closes: banks used to close on a Sunday in HK but that may have changed since the handover (1997).
I used to live in China.
"money, money, make money"
7.
Post 3611812 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
down she goes
where she stops...
8.
Post 3618144 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
China puts in a spurt
Heading to break 3400CNY!!
9.
Post 3618349 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
Is ANYBODY noticing the similarity between this and the pre-correction a week ago?
Its almost identical right now.
~you still don't know about "the secret" ? LOL
The secret is we are going to correct hard south soon. If it gets to 3600+ on BtcChina its going to be an instant reply of 8 days ago.
We are getting into the 'stopped clock' realm - a correction has been due but every day it fails to happen.
At some point someone will call it right - personally I don't think 3600 is going to be a trigger, more likely 4000.
10.
Post 3618391 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
Well, this has been an interesting Sunday.
It's Monday past lunch time Down Under. A couple of beers at the pub and back into it.
Good to see the great Aussie liquid lunch still survives
11.
Post 3618504 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
Is ANYBODY noticing the similarity between this and the pre-correction a week ago?
Its almost identical right now.
~you still don't know about "the secret" ? LOL
The secret is we are going to correct hard south soon. If it gets to 3600+ on BtcChina its going to be an instant reply of 8 days ago.
We are getting into the 'stopped clock' realm - a correction has been due but every day it fails to happen.
At some point someone will call it right - personally I don't think 3600 is going to be a trigger, more likely 4000.
Yes, but I'm not trying to call it right. It's just so freaking obvious right now. China is now leading Stamp by $76 just like last time. Gox and Stamp can't keep up. The 15 minutes chart is a vertical wall just like 8/9 days ago. We are looking at a 500-600 point move up in less than 5 hours on BtcChina. Everything is screaming correction. Maybe it goes higher this time, because % wise its not the same, but man, this is EXACTLY the same.
Absolutely agree.
But this is BTC...when did it ever make sense
I have to go out for a few hours, so you can guarantee it will correct then, lol.
12.
Post 3619825 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
Is ANYBODY noticing the similarity between this and the pre-correction a week ago?
Its almost identical right now.
~you still don't know about "the secret" ? LOL
The secret is we are going to correct hard south soon. If it gets to 3600+ on BtcChina its going to be an instant reply of 8 days ago.
We are getting into the 'stopped clock' realm - a correction has been due but every day it fails to happen.
At some point someone will call it right - personally I don't think 3600 is going to be a trigger, more likely 4000.
Yes, but I'm not trying to call it right. It's just so freaking obvious right now. China is now leading Stamp by $76 just like last time. Gox and Stamp can't keep up. The 15 minutes chart is a vertical wall just like 8/9 days ago. We are looking at a 500-600 point move up in less than 5 hours on BtcChina. Everything is screaming correction. Maybe it goes higher this time, because % wise its not the same, but man, this is EXACTLY the same.
Absolutely agree.
But this is BTC...when did it ever make sense
I have to go out for a few hours, so you can guarantee it will correct then, lol.
Well, I came back and not only did we have a wee correction but it's climbed back..lol
Hats off to windjc though...you called 3600 as a trigger point
13.
Post 3620028 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
World has gone crypto crazy!!
BTC touching 3600CNY again
LTC up 10% on BTCe
Great entertainment
14.
Post 3620152 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
Approaching 3700CNY...it was only 3600 30 mins ago...parabolic could be correct.
15.
Post 3620305 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
BITCOIN IS...
16.
Post 3620342 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
Afraid to sleep... yet, I couldn't dump anyway if it crashed with all my coins in cold storage.
btw how's it going with your corrupted wallet...any success?
17.
Post 3620777 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
^^^from TERA's boasting over the years on the troll box I'd imagine his net worth is close to Warren Buffet.
18.
Post 3620861 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
There goes 3800CNY...I wonder if the Chinese market will get a bit superstitious about the 4000s.
('Four' sounds very much like 'death' in Mandarin)
Maybe they'll just power through to 5000 really quickly.
19.
Post 3621773 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
China heading back towards 4000CNY - the volume difference between btcchina and gox is becoming significant over the last few days, no doubts who is leading the bull by the horns.
20.
Post 3621807 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.24h):
got a KNC Jupiter I expected to make ROI in a lesiurey fashion in say 9 months to 1 year...as I expected hype to slow down etc more equip etc.....mad ROI in 25 days
started mining oct 18th I think coin then was around $150
Does that include your power consumption?
21.
Post 3631170 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
This is getting positively Lovecraftian.
Very amusing, erudite comment.
22.
Post 3631892 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
800 on Gox
6660 on btc china
Good morning australia/asia and welcome to the new world of btc
23.
Post 3632304 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Milestones are flying in now, its difficult to keep up...btc-e just broke 800USD...if this isn't parabolic, then I'd like to know what is?
My question is when will investors take profits - one of the 'rules' of investment is to set your profit mark and then take it (don't get greedy)...so at what point are the coins, off the order book and on the side, going to be released letting pressure out of the market.
How big a car/house/fortune do the early early-adopters want
24.
Post 3632623 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
BTCcChina struggling to cope...managed to get out at 5500 but encountered a lot of 502 errors..not good.
25.
Post 3632820 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Very disappointed with BTCChina...unable to cope with the trafic, constant lag and gateway errors..
26.
Post 3632875 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Very disappointed with BTCChina...unable to cope with the trafic, constant lag and gateway errors..
Reminds me of Gox once upon a time
Absolutely, but I have Karpeles enough money this year and the fat fucker even charged me for a fuck up with his own bank, I hate gox with a passion.
27.
Post 3633318 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
question: why don't we open account on btcchina and make some arbitrage with bitstamp? 30% guaranteed..
am i missing some point?
You need a Chinese bank account and then you need someone help you to convert CNY back to USD.
No, you just get a Tenpay account.
And banking in China is actually very easy...one of the few joys...its funny how 'western' banks still screw clients with fees. I used to bank with HSBC in HK...zero fees for anything, just happy to look after your money.
28.
Post 3634220 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Tasty day, this week's forecast?
Blood pressure pills all round
29.
Post 3634414 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Go back some considerable number of pages you'll find this has already been commented on...folks getting priapic
30.
Post 3634682 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Looks like the tin foil has been broken out again
On another theme I love the UScentric attitude - "our politicians have got on board so everything is great" - someone posted yesterday abut how they can't get their head round wiring money to OTHER COUNTRIES, whihc just sums it up.
31.
Post 3634976 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Wow, bears are getting desperate.
32.
Post 3635796 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
The EMA lines have crossed for the first time in days on the bitcoinwisdom BTCchina chart...perhaps some sanity, a regroup and a nice cup of tea are in order.
33.
Post 3635909 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
The EMA lines have crossed for the first time in days on the bitcoinwisdom BTCchina chart...perhaps some sanity, a regroup and a nice cup of tea are in order.
Settings?
15min view
EMA parameters 7,30 (default)
34.
Post 3635983 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Finally a real correction!
These markets will now test there lows and we will see what happens. There should be a little calm now for the next few days. Relatively speaking.
$300 swings...very calm
Given the positive publicity and the anecdotal feedback of interest here I'd imagine there's going to be a lot of new fiat hitting exchanges in the next few days.
35.
Post 3637859 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
question: why don't we open account on btcchina and make some arbitrage with bitstamp? 30% guaranteed..
am i missing some point?
You need a Chinese bank account and then you need someone help you to convert CNY back to USD.
No, you just get a Tenpay account.
And banking in China is actually very easy...one of the few joys...its funny how 'western' banks still screw clients with fees. I used to bank with HSBC in HK...zero fees for anything, just happy to look after your money.
HSBC in general is basically the most fair bank I've ever worked with.
Unless you borrow, that is.
http://www.justanswer.com/consumer-protection-law/2pkqy-want-sue-hsbc-unauthorized-overdraft-assessments.htmlHSBC, yep, they are fair in that will do business with anyone. US$670B in unmonitored money transfers and folks are worried about bitcoin? Bitcoin is not even close to being a player in money laundering game. These guys pay fines larger than all bitcoin and shrug it off.
http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord.htmlThere's your whale. If they didn't already have money laundering already well in hand and thought they could do better with bitcoin, they might be buyers, but they do better without it because BITCOINS GENERAL LEDGER IS ON THE FREAKING PUBLIC INTERNET.
I'd just like to say that while HSBC in HK (not the UK btw) are a pleasure to bank with - from a corporate point of view they are a den of twats. Money laudering, dodgy property deals and funding the destruction of Indonesian rain forest is just the beginning of the charges.
36.
Post 3637925 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
Man, that is the mother of all swings
37.
Post 3638012 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
A shame the euro market didnt crash as hard as the us...
Sold at 565€ and my bids were filled at 475, 450 and 400.
Bitstamp luckers got coins at 390$. Damn cheap.
The GBP market on Gox was an amazing spread
38.
Post 3638045 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.25h):
how many guys Lost money today, I want to open a confession room like the one in church, come confess to me how much you lost/made
I had turned $15k into $20k over the passed week, but I set my stop loss to my initial investment to allow for big drops and rebounds, last night it just tipped it and I'm back to $15k again lol. Still I'd rather my bot sold for me whilst I slept than the price tanked to 200 and I'm left with $770 coins for the next year.
Do you really think we wont see $770 for 12months - twelve weeks perhaps.
The beauty of BTC - there's always going to be a new ATH along soon
39.
Post 3645619 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
this always happens, poeple get crazy excited and buy buy buy
but its all good, they're really good news behind us, money will come flowing in like never b4.
we are looking to forum a cup and handle, while we wait for the money flow.
Probably a stupid question but i've heard the phrase 'cup and handle' here a few times before... What exactly am I looking for?
Just to be clear, this is not at all what is happening. We had a much milder bubble this time, moderated by understandable skepticism with the last one so fresh in our minds. It popped, driving Gox briefly below 600, and we're going to oscillate a bit more before stabilizing for the very short term somewhere in the 600-700 range. Then over the next 2-3 weeks we'll likely lose another $100 as the impatient pull their money, and then we wait for the next hype cycle.
It will be soon; the cycles are accelerating. I'd give it 3 months. The bubble will be even more controlled next time.
im not sure, all this stuff just now hit the media, and no one can get money into buying btc yet.
i think we might go higher.
this run up was only cuz of people already into btc.
I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
40.
Post 3647035 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Not sure about calm -- plenty of caffiene, but it certainly makes you more alive. There's a reason the British empire was built on tea imports.
I'll send some for 0.01BTC + p&p
I believe Mao was addicted to green tea and slimming pills - which explains the muddled thinking behind some of his decisions cf the great leap forward/cultural revolution
41.
Post 3647569 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Shows there is still dissonance between the market and the technology - as the market expands this is going to et worse unless ALL the exchanges ensure they have their shit together (technical term that).
42.
Post 3647583 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Shows there is still dissonance between the market and the technology - as the market expands this is going to et worse unless ALL the exchanges ensure they have their shit together (technical term that).
tl;dr Current Exchanges = Shit
I bow to your summarisation skills
43.
Post 3647700 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Days like this buy and hold saves you a lot of anxiety
44.
Post 3647734 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Fun watching BTCwisdom...the price indicators are moving like strobe lights
45.
Post 3648059 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Noobs.... Turn off your computer go to bed, wake up the next morning and thank me later.
Because everyone here lives in the US....sheesh it gets parochial here sometimes
46.
Post 3648090 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Make sure to have Tor installed though.
Why would you recommend TOR...it works fine via normal ISP for me.
Or are the Chinese BTC police gonna arrest all gweilo users
47.
Post 3648142 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Make sure to have Tor installed though.
Why would you recommend TOR...it works fine via normal ISP for me.
Or are the Chinese BTC police gonna arrest all gweilo users
Because it worked fine for me too, then they locked me out for no discernable reason. Too many F5s?
Fortunately it appears to have been an honest mistake.
Yeah, I think it takes a bit of time for the accounts to verify because of all the security measures they have in place I experienced a few initial hiccups there but fortunately it was a reasonably quiet time.
Enjoy the madness of the Chinese market
48.
Post 3648904 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
noob question: how important is parabolic sar as an indicator?
1d charts for stamp and gox show that it flipped.
don't want to spread FUD, just want hear your opinions.
I'm not familiar with SAR (??) but I find EMA can give a good indication of trends; however, I don't think a daily chart provides particularly accurate info - the longer the time frame the more accurate TA becomes IMHO.
Indeed, there are a number of people here who argue that BTC is too new/volatile for TA and that fundamentals are a better guide.
NB I've only been trading since the beginning of the year although I've been aware of BTC since 2011 (I just stupidly didn't invest) - so what do I know
49.
Post 3649446 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.26h):
Nice. On Gox money goes in, money doesn't go out. On Stamp, money doesn't go in, money doesn't go out. The rest of the exchanges? A bad joke.
Nice ecosystem and infrastructure we have. So much for the singularity fans
Great isn't it...basically play money at present.
50.
Post 3659773 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
Fortuna, of course
Eris. Discordianism gives a unique insight into Bitcoin and you'd be surprised how much the law of fives helps with TA.
That's very interesting.
This from Wikipedia:
The Law of Fives is summarized in the Principia Discordia:
The Law of Fives states simply that: All things happen in fives, or are divisible by or are multiples of five, or are somehow directly or indirectly appropriate to 5. The Law of Fives is never wrong.
—Malaclypse the Younger, Principia Discordia, Page 00016
Like most of Discordianism, the Law of Fives appears on the surface to be either some sort of weird joke, or bizarre supernaturalism; but under this, it may help clarify the Discordian view of how the human mind works. Lord Omar is quoted later on the same page as having written, "I find the Law of Fives to be more and more manifest the harder I look."Of course 3 is also something of a magical number and then there's the golden ratio, finnobacci etc
Numbers rule our existence
51.
Post 3659800 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
I suppose comparing to gold or oil would be the answer.
Hi Chodpaba,
It's great to see you back on the forum's - can I ask if you are thinking about restarting your Peak/Reversal thread....I thought it was an excellent read - although it lost me quite a lot of money
52.
Post 3659869 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
I suppose comparing to gold or oil would be the answer.
Hi Chodpaba,
It's great to see you back on the forum's - can I ask if you are thinking about restarting your Peak/Reversal thread....I thought it was an excellent read - although it lost me quite a lot of money
Nope, I'm going in a different direction.
And what direction would that be?
53.
Post 3668995 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
Good morning HK,
Friday, 22 November 2013, 07:04:47 HKT
A good day to make history?
Where in HK are you YoYa?
54.
Post 3669022 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
Wtf is going on here. The chart looks unnatural like nothing ive ever seen even in bitcoin. When do I sell? I sold just 20% of my coins yesterday as a hedge and on bitfinex I can I have a loss of several grand. Its bugging me out.
I thought you the unassailable king of the day traders who never made a loss?
Schadenfreude and tea for breakfast...sorry
55.
Post 3669345 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
Good morning HK,
Friday, 22 November 2013, 07:04:47 HKT
A good day to make history?
Where in HK are you YoYa?
Afraid I'm not in HK, Europe atm. But hopefully someday I'll get to do some window shopping of top floor apartments there......
I was just saying hello to all those wonderful Chinese traders who'll take us to the moon
I'd be interested to know what platform HK trades on.
I learnt yesterday that BTCChina doesn't accept HK bank accounts (whihc is very unfortunate). As an SAR HK residents have far greater privileges with regard to forex, so it would be interesting to know what exchanges are popular there.
56.
Post 3669368 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
I wish I had someone to celebrate $1000 with, but my wife hates bitcoin cos I'm always playing with it. and NOBODY in my social world even knows about it, which kind of excites me. My little secret, my precious....
I'll party on my own.
If you party by
selling a few coins, and treating your wife, she may warm up to it . . . And then you would have someone to party with
Gasp!!
lol
I'm just saying a happy wife can be pretty valuable too . . .
Gosh, what gushing praise for us members of the fairer sex.
57.
Post 3669558 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
I learnt yesterday that BTCChina doesn't accept HK bank accounts (whihc is very unfortunate). As an SAR HK residents have far greater privileges with regard to forex, so it would be interesting to know what exchanges are popular there.
Hadn't known about the BTChina/HK disconnect, but maybe these guys are looking after it, they have a money services licence from taking a glance.
https://anx.hk/Thanks for the heads up, much appreciated
58.
Post 3669588 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.27h):
Subway, McDonalds...oh the jummy, healthy, ethical NWO of BTC....
59.
Post 3680685 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
The rise in price is not what is bothering me. What IS bothering me is that people seem to think the rise in price is a sign of it going mainstream. BUT IT'S NOT. It's just a hype brewing right now. Speculators wanting in on a quick profit.
The rise in price wouldn't bother me at all if the bitcoin economy/ecosphere/trading platforms/regulation were ready for it. BUT IT'S NOT. And when people realize this it's gonna come crashing down, only to rise again in the future, once all the stuff I mentioned above is in order and in place. Wel...Maybe this is the way it works.
thanks for posting.
I miss bears.
Statements like Ardana's are not bearish...why is everyone here so polarised?
A few days back everyone was cursing Stamp, before that Gox was public enemy...and rightly so, these are the biggest 'Western' exchanges and they are rubbish. Everytime there's a spurt in volume we either get a ddos attack or their servers can't cope.
The infrastructure just isn't there yet ...being a 'bull' or a 'bear' is not going to change this (unless you get off your ass and do something instead of just wanting to get wealthy).
60.
Post 3680830 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
<quote>Here, watch me light a fart on fire.</quote>
Another charming adolescent male.
61.
Post 3680948 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
<quote>Here, watch me light a fart on fire.</quote>
Another charming adolescent male.
I think you may have missed the ironic part of that.
Hhhm...you think?
I'm not going to argue but fart lighting is a frat-house activity isn't it and I really have seen enough soft-porn on here to realise this thread is essentially an old boys club.
I'm covering this subject (the sexism around here) in another thread, so best avoid any further comment
peace
Nan
62.
Post 3681835 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
<quote>Here, watch me light a fart on fire.</quote>
Another charming adolescent male.
I think you may have missed the ironic part of that.
Hhhm...you think?
I'm not going to argue but fart lighting is a frat-house activity isn't it and I really have seen enough soft-porn on here to realise this thread is essentially an old boys club.
I'm covering this subject (the sexism around here) in another thread, so best avoid any further comment
peace
Nan
Nan,
Great, I think it's good to be discussed, (although maybe another thread *is* better) and if you noted the tone and content of my post, I tried to convey my sense that this thread is the most irreverent (and sexist, entitled, rude, offensive, disparaging, insulting, ugly and nasty) of the threads. But, hey, we're human; and, which is why I jokingly called it the snake pit (and illustrated how that might read).
Why don't you link to your thread, since at this point, it's not even 'exactly' off topic. However, like you, many that hang out in this 'lobby' also take part in relevant dialogue elsewhere (also mentioned in my post, only which you omitted in your quote), including the Foundation forum.
BTW, it's probably a young boys club, if anything, but I think I actually have seen someone light a fart in college, which is why it is a joke. No?
Cheers,
Crypty
Apologies for appearing over-sensitive.
Perhaps this goes someway to explaining my sentiment - this is average Australian male behaviour
And the story
http://www.ntnews.com.au/article/2012/07/31/312406_ntnews.htmlThis should provide everyone with enough giggles for the day.
63.
Post 3681844 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
up up up
this is too good to be true...
And when it looks too good to be true....it normally isn't true
64.
Post 3681880 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Support on Stamp is very weak...its going to be a perilous climb.
This for jojo
65.
Post 3681903 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
up up up
this is too good to be true...
And when it looks too good to be true....it normally isn't true
For anyone who bought at the beginning of the year, this is certainly too good to be true, but it is true. Only time will tell if today's purchasers will do as well. My guess is yes, eventually . . .
Absolutely, as long as you're patient. As Mr Reptilia always says, you can't really lose with BTC. I bought back in at 5100CNY last week and it promptly corrected....sit tight and back into the profit zone.
Probably the most useful thing this site has taught me is that buy and hold is a good strategy.
66.
Post 3681955 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Well, for what it's worth I've cancelled my sell orders...I get the feeling a spike is incoming.
EDIT - BTC promptly stalls at Y5400...
67.
Post 3683154 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Ahhh...there's that spike I could feel.
Went out and did some weeding...always a sure thing the market will move while I'm away.
So, educated madames et monsieurs....where do we take profits before this trend reverses?
68.
Post 3683248 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Ahhh...there's that spike I could feel.
Went out and did some weeding...always a sure thing the market will move while I'm away.
So, educated madames et monsieurs....where do we take profits before this trend reverses?
somewhere between 1700 and 2200
Mwahhahah
Then I looked at BTCWisdom and saw 6000CNY hoving in to view...that was Mr Reptile's prediction about 2200USD...1700 probably seems more realistic.
What fun
69.
Post 3683329 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Ahhh...there's that spike I could feel.
Went out and did some weeding...always a sure thing the market will move while I'm away.
So, educated madames et monsieurs....where do we take profits before this trend reverses?
somewhere between 1700 and 2200
Mwahhahah
Then I looked at BTCWisdom and saw 6000CNY hoving in to view...that was Mr Reptile's prediction about 2200USD...1700 probably seems more realistic.
What fun
lets see if it can fight through some of the profit taking insurance points on the way back to 1000
BTCChina just seems to get the shits close to 6000CNY..that's defo a profit point for a lot of investors there, big psychological barrier it seems.
70.
Post 3683388 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
the 1000 USD mark will make lots of headlines around the world...
Almost as much as the $1279 mark (or thereabouts).
AKA the gold price?
71.
Post 3683725 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
GOOD MORNING FELLAS
Ahem...and ladies please
72.
Post 3683752 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
The great tech exit ... texit.
Nice blending (as us linguists say)...I like that
73.
Post 3683797 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
castles with apple gardens,
Sounds nice. I PM'd you the other day re another thread of your's....the next day I went to register my car and the lady who served me was from Estonia...pretty wierd considering where I am (deepest, greenest Australia)
74.
Post 3683807 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
OMG... my sweetest apologies my lady!
GOOD MORNING LADIES!
No worries...and good morning to you. Another fine day in the BTC trenches
75.
Post 3684138 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
i dont believe in 10 year holding, i think the risk is great that bitcoin will be replaced by a more convenient cryptocurrency.
nowadays bitcoin is the big thing, cryptocurrency=bitcoin. maybe tomorrow cryptocurrency = whothefuckknowswhichcoin
today we can tell bitcoin rises
but we can also tell there are many alternatives already waiting
http://www.coinwarz.com/cryptocurrencyWho can say what will happen in 10 years time - we may be bashing each other over the heads scrabbling for food.
But if we hold it together then BTC will be the gold standard for crypto although I agree that a number of the current alt coins and probably new innovative ones will probably be used for smaller purchases/every day.
76.
Post 3684269 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
why singapore? that's one useless shopping center hell
Oh, the hours/days I've spent traipsing up and down, round and round Singapore airport - hell, I tell you HELL!
77.
Post 3684765 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
why singapore? that's one useless shopping center hell
Oh, the hours/days I've spent traipsing up and down, round and round Singapore airport - hell, I tell you HELL!
NO WAY! not changi airport that's actually heaven. Also voted the best in the world at some point (it's on and off.) can't beleive you didn't like that place, that was the only real place in singapore that i went to (plane spotter)
Go away with your porn and your shiny, soulless airport.
Have an ignore.
78.
Post 3691409 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Morning All,
from a wet and miserable tropical Australia.
Looks like we had a pretty uneventful session...pretty thin trading across all the xchgs at present...did Gox get attacked again and did Mark reset the market for us
Nan
79.
Post 3692703 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Let me be known: the profit, walsoraj, spoke of doom not long before it occurred.
I don't believe in prophets who only speak of profits, especially ones who can't spell the difference.
More fire and brimstone on the charts to come. The wrath of Walsoraj is upon us.
Walsoraj, you were predicting a crash to single digits when we were at 150USD....its hardly prophetic to keep predicting a fall when there are only three directions a market can go in.
80.
Post 3692722 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Let me be known: the profit, walsoraj, spoke of doom not long before it occurred.
I don't believe in prophets who only speak of profits, especially ones who can't spell the difference.
More fire and brimstone on the charts to come. The wrath of Walsoraj is upon us.
Walsoraj, you were predicting a crash to single digits when we were at 150USD....its hardly prophetic to keep predicting a fall when there are only three directions a market can go in.
na, $1000 in two weeks
Absolutely...or a month or three..who cares sit tight to your coins and don't sell at a loss
81.
Post 3692880 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Back over 800 on stamp
82.
Post 3693004 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Every aborted crash is extra confidence in the $800 level.
I agree, but this is also confusing for me. It feels like we are "burning in" the $800 price... and yet it is so high above the exponential growth trend line.
*shrugs* I am just a buy & hold kind of guy, but my friends keep asking me if they should buy bitcoins, and I'm not sure what to tell them at these prices (... I always say yes, but I hesitate!)
The exponential trend line is a myth. Media awareness may grow at an exponential rate at first, but there is a "hype" effect that will cause it to eventually depart the exponential trajectory.
I believe we are seeing that now: all time Google Trends high, it is showing up regularly on network news, etc. It's not reasonable to assume that we can go from occasional web journalism to news networks without departing the trend.
Also, the amount invested by every individual joining the ecosystem will grow over time, since there's an intangible measure of "trustworthiness" Bitcoin gains by surviving each successive bubble.
Great post.
I'd say the main obstacle is the network itself and its infrastructure...can it take the strain...Gox and Stamps issues over the last few weeks are not encouraging.
83.
Post 3702340 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Put your bids in the $100-200 range.
You're a trier Walsoraj, I'll give you that
84.
Post 3702605 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Put your bids in the $100-200 range.
You're a trier Walsoraj, I'll give you that
Not certain it will happen within the next 24hrs, but by Friday for sure!
By Friday eh?
OK, I'll have you a little wager it's still above $500 by Friday midnight GMT.
The loser has to post a self-composed poem describing what a bad trader they are?
$201 - $499 and we are both safe.
85.
Post 3703625 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
wibbly wobbly, timey wimey?
LOL
...well, I get it...and wasn't it fantastic.
86.
Post 3704069 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Walsoraj...did you see my wager few pages back? Interested?
87.
Post 3704182 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Walsoraj...did you see my wager few pages back? Interested?
Sure, but I will write some beautiful poetry regardless of who wins
I'm sure you will
88.
Post 3704395 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
A good crash now, test *real* support, let the exchanges work on improving some more and some more infrastructure being put in place, and we can be very wealthy early adopters. Alternative is 50% or more of us get shafted in a few weeks.
Although I'm pretty bullish about this week (see wager with Walsoraj) I do tend to agree with these sentiments: a breather for infrastructure improvements would be very welcome...although current economic idealogies tend to dismiss infrastructure building when markets are down, so whether it will happen will depend on exchange owners having some prescience.
Although I don't think BTC lends itself to too much TA I have to say I was looking at the Gox monthly chart, 15min intervals and you can draw a very nice Andrew's pitchfork...
89.
Post 3704571 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Walsoraj...did you see my wager few pages back? Interested?
Sure, but I will write some beautiful poetry regardless of who wins
I'm sure you will
I'll graciously give you 1 hour (from this post) to back out of our bet. Let me know.
Not a problem for me....my ego can survive a bit of public self-criticism.
Question is...can yours?
90.
Post 3705011 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
A million traded in a day, not every day. Or the liquidity for the market to absorb such an amount. 5% of the current holdings would saturate the entire order book of every brokerage, not that any holder that huge would want to do that, but thats not liquidity atleast not towards our market cap goals. I feel very lucky to have contributed and experienced this, thus far, and plan on trying to make others as happy as I have been. I started a few cold wallets at the beginning of this year for my kids' college funds to that end as well as some other plans to diversify to some non-believers in the future just to try and get more of the word of mouth around. I'm not the type that would be rich very long in an ultra rich position. I would want others to experience the joys of a debt free life, or atleast a shot at a clean slate, as well.
sadly, this is why good people always end up losing; they are constrained by their conscience, while the most mercenary fucktards among us inevitably rise to the top.
Yes, well, look-- when we get to 25k a coin, you guy's PM me and let's all figure something positive to do with our newly minted free time and to help the world. I'm still open for projects before then, but there's more to manage right now.
I was actually going to post a thread on this very topic..."what will you do with your new found riches"...investing in a wildlife sanctuary for us.
91.
Post 3705989 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
Good ol'
BTC...all the sages come and forecast gloom....up it goes $30
I know, I know its only temporary
92.
Post 3706097 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
I think the somewhat negative CCTV coverage is having an effect in China.
I've been looking for this but the most upto date story I could find was a very bullish forbes article form 4 days back.
Could you elaborate, please?
93.
Post 3707032 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.28h):
94.
Post 3714074 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.29h):
MAssive front page story on the Guardian site:
http://www.theguardian.com/technology/2013/nov/25/is-bitcoin-about-to-change-the-world-peer-to-peer-cryptocurrency-virtual-wallet?commentpage=1Play
BTCbingo:
ponzi/volatile/crash/satoshi/drugs/guns/winkelvoss/tulips
Then leave a comment and straighten these guys out
Edit: link fixed
I've opened a thread on the press board
https://bitcointalk.org/index.php?topic=346769.0
95.
Post 3714173 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.29h):
Your link is f'ked. It's got ftp at the front.
Fixed my bad...apologies
96.
Post 3718617 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.29h):
i am also wondering, since GOX cannot withdraw money, then it can only mean everyone will buy on GOX and take bitcoin out
if that is the case, GOX should be running out of bitcoin?
?
anyone???
You should talk to Walsoraj, this is his particular 'fin de monde'.
97.
Post 3726789 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.29h):
Big gap between China and Gox...USD935 = Y5700 on xe.com but only 1BTC=Y5400 on btcChina...I'd expect that will close as China wakes.
98.
Post 3773552 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.30h):
99.
Post 3773645 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.30h):
The night is still young.
Oh, bless.
I'm sure a drop of about a thousand bucks is perfectly feasible...
100.
Post 3773716 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.30h):
The night is still young.
Oh, bless.
I'm sure a drop of about a thousand bucks is perfectly feasible...
Also, Gox decided to eliminate trading fees, which is CLEARLY propping the price up. Neither of us could have anticipated this at the time our bet was made. Not saying I am losing confidence that we crash below $100 by the end of the night. But if we don't, just saying I'd have a reasonable excuse.
*sigh*
Looking for excuses...I don't know.
My bitcoin burns at both ends;
It will not last the night;
But ah, my foes, and oh, my friends—
It gives a lovely light!
with apologies to Edna St. Vincent Millay
101.
Post 3773781 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.30h):
Anyone that knows about Litecoin understands that mBTC is just BTC/1000 and that LTC is in no way more valuable.
Er...on the current market value that's not true though..
102.
Post 3773799 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.30h):
So now I have to quit the bitcoins, and keep stress levels low... so ya i wont be posting much of anything anymore.
good luck all, never let this bubble pop, never!
Take care Adam...do good and spread love and peace with your new wealth.
103.
Post 3872014 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.34h):
It seems to me that rather than being a contrived fall driven by a few players this correction is the result of a number of conflating factors:
thin volume across all the exchanges late in the week
bad news from China
investors taking profits for Christmas.
That final point doesn't seem to register much here but that's what people do - spend money at Christmas - and money is flowing out of not just BTC but all the alts too. I'd suggest normal service will be resumed in the new year.
104.
Post 3889084 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.34h):
hmmmm everyone says choo choo. i don't know....
To choo or not to choo...that is the question!
105.
Post 3916606 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.35h):
What has happened during the night? Could someone, please, give a short wrap-up, please?
It's the first night I held all BTC overnight, and ofcourse, it goes down!
Oh, and good morning from Europe.
One serious series of bear dumps between 2:30 and 3:00AM UTC. Otherwise horizontal.
Solid support at 1000.
We must be looking at different charts.
Since europe went to bed and awoke theres been a push past a 1000 and a concerted pull back on all the exchanges except the magictux factory which is chugging along on volume thinner than a supermodels wrist.
106.
Post 3916669 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.35h):
Thanks for that. The washington post needs a btc tip address. Well worth the reading for the laughs.
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.
107.
Post 3916993 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.35h):
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.
108.
Post 3919434 (copy this link) (by nanobrain) (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 :/
109.
Post 3933689 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.36h):
Curious - how can you surmise age from writing style? I've never heard that before (except perhaps for people so young they haven't finished school yet).
Would you care to take a shot at mine?
mid-twenties?
You can deduce as much from writing styles as you might from handwriting - it's called discourse analysis and when combined with some knowledge of social value orientations its very revealing (esp. on forums
)
If you are interested I'd start by reading anything by David Nunan.
PS Kozi...I'd say late twenties
110.
Post 3944607 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.37h):
Well, this is not funny anymore, I definitely shorted BTC at very bad time
Well, it is certainly sad when you have to learn the hard way.
It's not like tons of us here don't try to drill it into everyone . . .
Don't. Short. Bitcoin.
I honestly hope you can close your short on the retrace.
I made quite lot of money of doing all kind of shit with BTC so I don't really care about "Don't sell BTC" policy at all. Sometimes you lose, sometimes you win, I would be nowhere without risks I am taking all the time, my BTC would be worth approx. the losing position I am at now - few thousands, so nothing. I only wish I shorted just my stake of BTC without margin stuff, wouldn't be too worried then at all.
But thanks for wishes, I certainly do hope it too
He said don't 'short' BTC not sell...if you get confused between the two I suggest saving yourself some time and giving your money to a deserving charity.
BTW just reading the last few pages...you back DGC because of the name??!! That's pretty sketchy logic.
And why are you promoting Cryptsy....its a comprehensive alt-exchange but a lot of people seem to suffer funding issues there.
111.
Post 3958436 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.37h):
I've seen that before and it's rather vague re. patterns...it is something of a theoretical leap. However, we are 'hard-wired' for optimism...you should enjoy this
http://positivepsychologynews.com/news/louisa-jewell/2011062118294which discusses Tali Sharot's work.
And by the way....did you ever post that poem you owe me?
112.
Post 3959680 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.37h):
Working on it still. Turning into an epic saga. I might seek out a popular publisher.
So, the Beowolf of Poland eh?
Loving you squirm
x nan
113.
Post 3961819 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.37h):
So everytime you read good news you sell your coins. Is that correct?
You gotta understand that TERA is infallible...even when he's wrong he just keeps on making predictions and spewing homilies.
Now I know how much you like people who keep making predictions like that, shroomsy...lol
114.
Post 3984734 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.38h):
I don't think anyone here really realizes how very rich you are all going to be someday. Oh, sure you all bla bla bla about holding coins and buying more but don't realize that you will honestly be wealthy. If any of you were to get hit by a bus and wake from a coma 10 years from now, if you properly secured your wallet, you would want for nothing the rest of your lives.
10 years? Hopefully 2 or 3 years is all it takes.
I could do without the coma too.
I think many of us are very optimistic. Nothing is for sure though. The strange thing is I tend to be pretty conservative and not much of a risk taker but with Bitcoin it is hard to not just throw caution to the wind and go all in. The rewards outweigh the risk so much that it is more logical to do so than not to.
We are hard-wired for optimism...its in our our nature to acknowledge risk but simultaneously see ourselves as not being affected by it. Eg. people understand the percentage risk of cancer yet think it will not affect them. I posted a link about this here yesterday but it was ignored (ironically) but you can google Tali Sharot if you are interested.
As much I'd like financial independence and be able to do some good in the world by having more money, I can't help but recognise and explore potential risk....and I don't like the fact the word 'faith' is thrown around so much ;/
115.
Post 3990555 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
So, who's moved their coins already?
I am considering it.
116.
Post 3990591 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
Tell you what the US is going to wake up and wonder WTF....China is $90 lower than Gox, 30 lower than BTCe/Stamp....I think I'll take a screen shot for posterity.
117.
Post 3990675 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
I suspect this is China going after arbers, the regulations looked like a tool against dirty dealings in the financial sector than against bitcoin and they're just as applicable to foreign banks/financial institutions as native ones. A manipulator cull would be nice
Have you seen the regulations? Or an accurate translation of them? I'm no fan of currency manipulators but it sounds like wishful thinking.
118.
Post 3990694 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
Also btcchina stopping 0% fee and charge a 0.3% again.
Where did you see this...I can't find any mention on the BTChina site.I got it...sometimes you miss the really obvious places
119.
Post 3990913 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
Can we have a source for the 0.3%?
Its on their site...if you log in its at the top of the dashboard page
120.
Post 3990978 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
GUYS forget India.
Quote me on this one. You heard it here first.
The next big emerging market is Brazil.
Hardly news..Brazil has been booming economically for a number of years now, mainly due to the energy sector.
I find it difficult to understand the supposed antipathy in India...it is one of the most IT aware countries in the world with very high mobile usage...wallet aps should prove very popular there. And givne the high number of immigrants sending money 'home' I imagine BTC could prove very useful to that cohort as well.
121.
Post 3991160 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
GUYS forget India.
Quote me on this one. You heard it here first.
The next big emerging market is Brazil.
Hardly news..Brazil has been booming economically for a number of years now, mainly due to the energy sector.
I find it difficult to understand the supposed antipathy in India...it is one of the most IT aware countries in the world with very high mobile usage...wallet aps should prove very popular there. And givne the high number of immigrants sending money 'home' I imagine BTC could prove very useful to that cohort as well.
We're not ready for India. Transaction fees are worth about a day's work there lol...
EDIT: (obvious exaggeration)
Stop talking out of your ass,
You keep making up things as you're arguing.... I already said BTC will boom in India for all the good reasons. Have you ever traveled around the world? or you're just some kid in moms basement?
Oh wow.
Another retard with ad hominem argumentation.
Yes, I probably traveled more than you ever will.
I'm adding you to Ignore. Don't even bother answering.
I wish you boys could all play nice with each other.
122.
Post 3992211 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
Sure, but why just now...?
This what I have just witnessed in the last 3 hours in chronological order:
5) BTCchina adds .3% fee, takes away tenpay option, asks for documentations from users... all this in the last several hours
Here's the thing, I'm sure chinese people can read Chinese better than us. Google translate does not work well with Chinese, since the tenses are all messed up.
A couple of points Accord1:
1. The request for documentation by BTChina was actually made a couple of weeks ago - I had to do it myself upon login. It wasn't a big deal and if you read the notice fully you'll see all users had to do it to resume trading. So, this happened some weeks back and didn't impact the market
2. Don't fool yourself that anyone in China understands a govt proclamation: such notices are notoriously opaque and open to various interpretations. Translation doesn't help clarify things but the chances are the average Chinese are just as confused as we are.
123.
Post 3992501 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.39h):
...
2. Don't fool yourself that anyone in China understands a govt proclamation: such notices are notoriously opaque and open to various interpretations. Translation doesn't help clarify things but the chances are the average Chinese are just as confused as we are.
That's the impression I get from Chinese law too, it looks like they don't make hard fast laws with clear lines but give guidelines and stamp on anyone they feel is abusing them. According to the news so far Bitcoin businesses are booming in China and other than tight controls on exchanges no one one seems to be making any attempt to stop them.
EDIT: Bears are starting to show fear. Silly bears, that just encourages the predators
That's correct - its essentially a difference between prescriptive and descriptive legislation, the former is much more pliable and allows for what might be interpreted as corruption but it is also in practice more responsive.
Government (Xinhua) press releases are the longest, most turgid and impenetrable pieces of prose you may ever come across...I swear it is done to bore the reader into submission.
124.
Post 4001889 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
So, for someone just joining down under a precis of the situation is:
THE SKY IS FALLING
with scattered
no wait...its not that bad
or what?
125.
Post 4001993 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
126.
Post 4002054 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
morning Nan
Hey hey and 'late morning' from tropical Australia.
So, what the hell is going on...when I went to bed it was dropping but it looks like thirty pages of FUD (according to Adam)...what gives?
127.
Post 4002072 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
wow such FUD...
Sorry mate...I couldn't resist the pic and the article is actually a good read. I've known you were Canadian for some time but couldn't resist....
128.
Post 4002099 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Lol. the drop on btce is a buyback with negative slippage
Was for a short time, its off the bottom on bitcoinwisdom, about 100 coins bought.
Stan, I was talking with you here 10+ hours ago....are you still goiing?
<concerned motherly tone> Have you done anything else?</concerned motherly tone>
129.
Post 4002220 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Lol, tried sleeping last night, its overrated. 1.30am here so not too bad, will probably be up for a while if this goes bang though
So, bang up or bang down?
When BTCWisdom charts are in hundred dollar increments its usually a sign of high drama. We still haven't tested the lows of last week though so I wonder if it will go much further before a retracement...
130.
Post 4002270 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
I wasn't paying attention, what happened this time that scared folks enough to bring the price down to the 700s range?
Well about 12 hours ago the Chinese govt made some sort of proclamation that spooked the market (I can't remember what it was) and then BTChina announced it was introducing fees with immediate effect. And of course Loaded was telling everyone over the w/e he was going to be moving the market.
131.
Post 4002319 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
I wasn't paying attention, what happened this time that scared folks enough to bring the price down to the 700s range?
Chinese govt. says no 3rd party transfer outfits, think dwolla, banks only
Yeah, that was it (tenpay or something?)...and of course a few weeks ago the Chinese govt said it was unpatriotic for banks to use BTC, so getting fiat into Chinese exchanges is going to be difficult.
But the Chinese are pretty pragmatic....I imagine a lot of party members are buying cheap coins right now and at some point a govt endorsed company will step in to run things in a regulated way.
132.
Post 4002354 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Not sure if most of the economy isn't going to end up owned by a gabbling addicted grandma or RPG raid party :/
Sorry, am I meant to be a 'gabbling addicted grandma'?
133.
Post 4002392 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
I wasn't paying attention, what happened this time that scared folks enough to bring the price down to the 700s range?
Well about 12 hours ago the Chinese govt made some sort of proclamation that spooked the market (I can't remember what it was) and then BTChina announced it was introducing fees with immediate effect. And of course Loaded was telling everyone over the w/e he was going to be moving the market.
And prodhorn found a source who has captured Satoshi in China with the Bitcoin shut down codes and they plan to use it soon to kill this financial virous.
Sell all now
But I heard we had sent Bond into rescue Satoshi and he was being helped by Batman (or is Batman just made-up?)
134.
Post 4002422 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
So only the Chinese government is allowed to work as a Bitcoin exchange in China now?
No, not quite what we said. But I'm sure they like your idea
135.
Post 4002467 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Not sure if most of the economy isn't going to end up owned by a gabbling addicted grandma or RPG raid party :/
Sorry, am I meant to be a 'gabbling addicted grandma'?
Actually I was thinking more along the lines of some Chinese grandma who has no idea what bitcoin is but her friends where playing so she bought some tokens. Or the Queen of England. Could be you of course, whales own this market and they feed off each other but good luck can make whales from anyone.
LOL...OK....I thought my secret was out for a minute
136.
Post 4002482 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
can't sleep
Xanax!
137.
Post 4002568 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
So only the Chinese government is allowed to work as a Bitcoin exchange in China now?
No, not quite what we said. But I'm sure they like your idea
Hm... But then, is this any different from when they said banks couldn't be exchanges and civilians and companies could as long as they recognize the government isn't gonna bail them out if the price goes down?
Well, it seems that all the players in the chain (banks, exchanges, moneytransfers) are coming under pressure in one form or another. Remember in China you can't go "oh I disagree with this"...they drive over you in a tank. People are spooked and leaving the market. I imagine the manipulators have seen the situation and decided to take advantage further compounding the losses.
With christmas next week the market was always going to be weakened...my strategy (not particulalry imaginative I know) is to hold...don't accept losses, just remember this is BTC and by the end of March will prob be worth $2K.
138.
Post 4002928 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
It may be interesting to guess why Chinese exchanges stop 0 trading fee policy.
1) grab some money before closing
2) requirement from the government
if 1, that's really bad sign. If 2, it is not so bad.
I don't think it was 2...far too precise, micro and descriptive a move for the Chinese govt. I think it was introduced to take advantage of the sell-off they knew was coming with the announcement re. money-transfers and to take some heat out of the market. I wouldn't interpret it as a sign of closing.
139.
Post 4003106 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Well ladies and gents, this flushing is going to tell us A LOT about the state of bitcoin and where the money has come and is coming from.
We won't be able to see the full picture for months or at least weeks, but when we can see it, we will know much better about what kind of investors made up the rally in the East, which ones are long term and where future money can and can't come from there - AND maybe more importantly, we will know how much of the rally really came from the East and how much really came from the West.
And I suspect we will never have to worry about China "leading" the markets again. Which is A - O - K with me.
I was with you up until the last sentence, Honey Badger, why the antipathy towards China?
140.
Post 4003243 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
I was never quite confident that China had any real long term future with bitcoin. And I would rather, in an ideal world, have bitcoin be driven by people in countries that have more freedoms, because from a PR standpoint it makes bitcoin appear more solid as well.
Fair enough but it could also be the driver for change in places like China...teh link someone posted above
http://motherboard.vice.com/blog/whos-afraid-of-bitcoin-these-countriesis quite interesting because countries whihc are most 'liberal' (although I do hate these labels which have come to mean little) are treating BTC cautiously. I think BTC has become a geo-political football and we should defer from supporting any of the 'teams'.
141.
Post 4003287 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Well ladies and gents, this flushing is going to tell us A LOT about the state of bitcoin and where the money has come and is coming from.
We won't be able to see the full picture for months or at least weeks, but when we can see it, we will know much better about what kind of investors made up the rally in the East, which ones are long term and where future money can and can't come from there - AND maybe more importantly, we will know how much of the rally really came from the East and how much really came from the West.
And I suspect we will never have to worry about China "leading" the markets again. Which is A - O - K with me.
I was with you up until the last sentence, Honey Badger, why the antipathy towards China?
I was never quite confident that China had any real long term future with bitcoin. And I would rather, in an ideal world, have bitcoin be driven by people in countries that have more freedoms, because from a PR standpoint it makes bitcoin appear more solid as well.
+1
Some of these Westerners are just clueless of how controlling the CCCP is.
Of course Bitcoin's for everyone but not them, they're not 'our kind of people'
Wow, seriouscoin...you are still out to abuse people..."some of these Westerners"...what an arrogant and disrespectful thing to say. You were dishing out abuse to Voodoo last night about the same thing. FYI I used to live in China. Welcome to my ignore list.
142.
Post 4005552 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Well ladies and gents, this flushing is going to tell us A LOT about the state of bitcoin and where the money has come and is coming from.
We won't be able to see the full picture for months or at least weeks, but when we can see it, we will know much better about what kind of investors made up the rally in the East, which ones are long term and where future money can and can't come from there - AND maybe more importantly, we will know how much of the rally really came from the East and how much really came from the West.
And I suspect we will never have to worry about China "leading" the markets again. Which is A - O - K with me.
I was with you up until the last sentence, Honey Badger, why the antipathy towards China?
I was never quite confident that China had any real long term future with bitcoin. And I would rather, in an ideal world, have bitcoin be driven by people in countries that have more freedoms, because from a PR standpoint it makes bitcoin appear more solid as well.
Places where freedom is dear, need it more.
Without need, no reason for bitcoin.
Unless the money is free, the people never can be.
Do not blame the people for the governments under which they suffer, many may be just like you in more ways than you might imagine, but less free to admit it.
Eloquently put...
143.
Post 4005662 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Well we still haven't tested the lows of the Dec 6th correction so there may be some way to go yet.
I'm wondering...if BTChina is facing an exodus of user funds then I imagine a lot of that process will be done in BTC (for the overseas users at least), which should stoke demand and thus drive the price up again. So the tensions this situation is creating are pretty interesting.
144.
Post 4005682 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
MtSux! The exchange that was. BTC-e is kicking ass and taking no prisoners. Hooray for my euro friends.
I guess you saw their notice about wire transfers, should see more fiat on there soon - I just wish they'd spend a bit of money on an English editor
145.
Post 4005779 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
I guess you saw their notice about wire transfers, should see more fiat on there soon - I just wish they'd spend a bit of money on an English editor
Yes. That's one of the shortcomings. I can live with it, but agree that it could be much better. I gotta say that I'm much happier with them than the way I got goxxxed the last two times.
Yeah, I was goxxed too...it scars you doesnt it
just looking at other exchanges other than China ...Gox's fee schedule...last updated Dec 2011...unbelievable
I'd trade on BTCe but the volumes are so low for BTC that slippage is too much
146.
Post 4006956 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Of course we could all be being incredibly naive....China has gone from having the most expensive coins to having the cheapest...fiendishly clever
147.
Post 4007026 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
So.... while we are burning are heads trying to pick a bottom Chinese exchanges are adding services:
https://796.com/news/detail/92.htmlUsers will be able to buy and sell Bitcoin at 796 Exchange from 14:00, December, 17th, 2013 (GMT +8) using US dollars. We would like to encourage as much participation in the new LTC/USD market as possible, so we will initially launch with zero trading fees. Users can deposit/withdraw through International Wire Transfer and OKPay. More deposit methods will be added soon. We’ve also added an internal transfer feature to better serve our users, especially those who have difficulty depositing USD. We’re working hard to provide Litecoiners all around the world with a stable, reliable and comfortable trading experience, as well as quick response customer service.
WTF?
Well, naturally no? They are in Hong Kong, so they should have access to USD, makes sense if you ask me. I wouldn't be surprised if the other Chinese Exchanges move as well.
I have no idea how much autonomy they have left? Never been there & only watched some documentary about coming changes years ago.
They have significantly more freedoms than the 'mainland'. HK is a "Special Administrative Region"...residents are allowed travel documents, there are elections for the legislative assembly and economically it is pretty much as laissez faire as it ever was. I lived there both before and after the handover and still have friends there who report its much the same although more difficult to get jobs if you are not sponsored or a resident.
There have been some changes post 1997 but to paraphrase Deng Xiopeng, you don't wash a good teapot.
148.
Post 4007059 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
China getting ready to dump to 3800 in 3...2...1
LOL... and green candle.
That's my sort of call
149.
Post 4007127 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
does that mean that being bullish is not healthy?
i thought that its been very good to be bullish and back it up with fiat, that's what is made most money to people?
Don't you dare stop shouting 'to the moon' gandhi, otherwise planes will fall out the sky and clocks will stop ticking. Your the bull that all the other bulls go to when they need a bull pep-talk!
Well it has worked superb for me
Where in Spain are you Gandhi?
150.
Post 4007138 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Just woke up...
Today, I really need it to go down
Morning Voodah
Down? More? gettoutdahere
151.
Post 4007223 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
does that mean that being bullish is not healthy?
i thought that its been very good to be bullish and back it up with fiat, that's what is made most money to people?
Don't you dare stop shouting 'to the moon' gandhi, otherwise planes will fall out the sky and clocks will stop ticking. Your the bull that all the other bulls go to when they need a bull pep-talk!
Well it has worked superb for me
Where in Spain are you Gandhi?
Malaga, nice city. Spanish people are nice.
Cool...a few too many Brits there for my liking
but Andalucia is one of the nicest regions in Spain...the people are lovely and the tapas still traditional...I have some good friends in Granada, a great place
152.
Post 4007657 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Chinese speculators were not in fact very much of the overall Chinese exchange volume - most of it has come from outside mainland China. Meanwhile, the other exchanges and US and European investments have been the solid foundation of all the exchanges, but this fact had been lost in the run up in at ChinaBTC.
Thus, once investors see that 3rd party processors didnt have a sustainable impact on the market (i.e. Silk Road flash crash) investors flock back to secure best positions and additional investment comes in from off the sidelines anticipating a new run up.
I think the problem with this theory is twofold:
1. Getting fiat onto BTChina is difficult.
2. Most of the o/s funds went on there via BTC to take advantage of the zero trading fee...this is no longer an incentive although it is still cheaper than Gox/Stamp but more expensive than BTCe.
I'd be interested in your thoughts re the conundrum I have. If Chinese users will have difficulty getting their Yuan off BTChina they will need coins instead, so this should mean all the CNY on the side should be being spent on BTC, driving the price up. I guess there is a rush to get CNY off there before implementation of the new guidelines?
153.
Post 4007799 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
Thanks Dragonkiller...that's an interesting stat.
And thanks for the info Crazy_Rabbit....I did see that yesterday but had forgotten in the tsunami of information. BTW I love your "Rum and carrots" line...always makes me smile
Windjc...I was enjoying our discussion earlier until that youngun came in calling me names...hope we are still good, HoneyBadger?
154.
Post 4007939 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.40h):
you can still send your fiat instantly with no fees to the exchange and buy bitcoins, same thing other way around, in china, am i correct?
Well, I just checked my BTChina account because there would be some lovely arb opportunities if you could get fiat on there from overseas but it looks very much like the only options are via banks in mainland China. I asked them last month about HK banks and they said no. So, getting funds in from o/s looks difficult.
Where's Bitpirate? I'd be interested in his take on things and how its impacted on rmbtb.com
155.
Post 4021087 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
Blood on the streets.
Ahhh...bitcoin
156.
Post 4021122 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
Big walls on gox and btc-e, someone pulling levers behind the curtain.
That'll be the wizard of risto
157.
Post 4021238 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
Big walls on gox and btc-e, someone pulling levers behind the curtain.
That'll be the wizard of risto
Doubtful. Risto is a small whale with a big mouth.
Yeah, but the wizard of goat doesn't sound as good.
158.
Post 4021276 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
keep breathing!!
159.
Post 4021487 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
You want confusion, hysteria, panic and FUD all rolled into a stream of consciousness...check out the btce trollbox....it in meltdown....foil hats a gogo
160.
Post 4021865 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
in a months time we will all look back at this and laugh
161.
Post 4022250 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
Hide the women and children.
Watch it old man
162.
Post 4022382 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.41h):
163.
Post 4024296 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
Damn this bloody hindsight and cautiousness.
I should have gone all fiat yesterday evening at 700, and I definitely should have gone all fiat this morning at 583. Now we are down to 430.
If I had more balls (which I don't have after my earlier trades), I would have made between 10 and 20 BTC today. As it is, I only made 1.5BTC
And now I definitely think is too late to sell. Waiting for a rebound and a second dip.
Don't beat yourself up with hypotheticals...I could have bought GBP8K worth of BTC in 2011 but didn't...I've spent many an afternoon floating in the pool imagining how different life would have been but its a pointless exercise.
As we say in Australia, "build a bridge and get over it"
And btw great to see a fellow btc conservationist...good on ya!!
164.
Post 4024349 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
We got a weed lord calling the shots on BTCe.
Triple bottom was at 420.
Maybe final bottom?
Who's the weed lord?
You should have seen the trollbox earlier..bedlam!!
165.
Post 4024413 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
troll box in Chinese spam
sounds like a particularly unpleasant lunch you'd get on a Hong Kong ferry
166.
Post 4024495 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
Well, the good news is there will now be an even larger base of people in bitcoin who've been hardened by experience. The bad news is, a lot more people will be joining us in the next year or two.
Why is that bad news...although to be honest I think every bubble/crash scares of most potential casual investors/users. The climb back to 1000USD+ may be long and arduous. Or of course this being BTC...March.
167.
Post 4034331 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
Mornin' all
So, we went up,
then we went back down.
Sales of xanax went UP.
Lots of whisky went down.
Anything else I should know about.
168.
Post 4034367 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
Well I just consulted my trading team and asked them if I should by more bitcoins or wait for a lower price? They have analyzed the information available and said "Buy more bitcoins daddy". When all else fails you listen to the 5 and two year olds. They know what's up!
Last Bull Run my 6 year old asked in earnest are the bulls or the bears winning today Dady
That's awesome!
In lieu of any sensible financial advice here, I asked my cat what to do and she said: "hold, remember this is Bitcoin".
Which shows cats are pretty smart.
169.
Post 4034414 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
Mornin' all
So, we went up,
then we went back down.
Sales of xanax went UP.
Lots of whisky went down.
Anything else I should know about.
so you saw the HODL! thread?
no, whats the HODL! thread?....sounds like its for dyslexic traders
EDIT: right got it....hilarious...liquered up traders LOL HODLING is probably for the best.
HAven't made it thru all ten pages but seems we have a new meme. Loving this
170.
Post 4036131 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
I doctor friend once told me that it's much healthier to shit squatting than to sit on toilets as westerners do.... something about long term effects, organ health..... something....
Supposedly it's better for the plumbing because less force is required.
Someone just needs to design a raised platform to place around western styled toilets so we can get the "squatting" experience here the USA. Sell it on an infomercial and talk about the health benefits.
BAM!!
One of the first things to freak you out when you go to China is going to the loo and finding footprints on the toilet seat...gives a whole new meaning to 'wiping the seat down'.
171.
Post 4036827 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
* Buy BTC with USD outside China
* Sell the BTC in China for RMB
* Use the RMB to buy goods or stock in Chinese market
* Sell goods/stock outside China for USD
That's a losing proposition. You are buying BTC high and selling them low.
The opposite direction involves buying BTC with RMB which is challenging right now.
However, you might get a good deal from miners in China.
Yes, I did post my results from research into getting funds into China yesterday (impossible unless you have a bank account in mainland China) but no-one seemed remotely interested.
I'll go back to my knitting.
172.
Post 4037322 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
they have a point nan
when I woke up this morning there were 50 pages unread
just can't keep up
Yeah, sorry for being a grumpy old mare.
OK, well the gist of it isn't great.
I was pretty bullish about getting RMB out of China and after the "fall of the wall" considered getting funds into China…all in the sake of arb.
However, the communication I had with BTChina was fruitless.
I tried via Bank of China in Australia but they wont play and I tried via some of my HK contacts but again BTChina said no, only mainland China bank branches.
So, I guess Loaded is going to hit them over the head with a suitcase of money…see if that changes their position.
EDIT: One other thing to add is that BitPirate rmbtb exchange was amenable (lets say) but I haven't heard anything from him lately...I am really interested in what his take is on recent developments.
173.
Post 4037343 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.42h):
The answer is arbitrage.
Tell me how you'd do it, please.
Would this work:
* Buy BTC with USD outside China
* Sell the BTC in China for RMB
* Use the RMB to buy goods or stock in Chinese market
* Sell goods/stock outside China for USD
or the other way around. Not for amateurs, of course.
This would equalize prices but according to some "exchange rate" that is not the official one, due to extra costs.
Which is what we see, right? They track each other but not at the official exchange rate.
Yes until your btcChina account gets frozen
Has your account been frozen?
I've been trying to change my phone number and they have gone all silent on me...coins stuck on there...getting a bit fidgety.
174.
Post 4037469 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
they have a point nan
when I woke up this morning there were 50 pages unread
just can't keep up
Yeah, sorry for being a grumpy old mare.
OK, well the gist of it isn't great.
I was pretty bullish about getting RMB out of China and after the "fall of the wall" considered getting funds into China…all in the sake of arb.
However, the communication I had with BTChina was fruitless.
I tried via Bank of China in Australia but they wont play and I tried via some of my HK contacts but again BTChina said no, only mainland China bank branches.
So, I guess Loaded is going to hit them over the head with a suitcase of money…see if that changes their position.
EDIT: One other thing to add is that BitPirate rmbtb exchange was amenable (lets say) but I haven't heard anything from him lately...I am really interested in what his take is on recent developments.
Thank you Nan.
So, to follow this a little further: You need to have a physical account in China. You would also need a physical account in Japan. Am I close?
You need to have an account with a branch in mainland China (Hong Kong and Macau are not considered 'mainland'); so Bank of China has branches here in Oz but they won't transfer money via one of their China branches to BTChina.
Er...not sure where Japan comes in.
175.
Post 4037510 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
My XBT Withdrawal made yesterday was held back and this evening I was blocked from RMB and XBT withdrawals. (My account reflects my balances but withdrawals are frozen for now.)
Crikey...that doesn't sound too good.
So, any reason from your end that may have happened?
I'm getting worried that the next time I log in I'm going to get a 404 and this lot will have disappeared with a stack of coins.
176.
Post 4037535 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
haha, I'm getting closer to that, have to review that screenshot and add some to my ignore collection.
I am going to ignore anyone who is posting either bullish or bearish knee jerk thoughts outside of this thread.
Please ignore me..... i'm a bull pretend to be a bear that post bullish comments as a reversed psychology tactic. !!!!!
as long as you post it here, you'll probably be fine
LOL seriouscoin is on my naughty list. It's ok, I regularly remove people. Be good and Santa will get out his red eraser.
Seriouscoin seems to go out of his way to piss people off, even the people he agrees with one day get it in the neck the next.
177.
Post 4037565 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
If you want to operate in Gox with 1 day transfers, then that's what you need.
I appreciate Gox is in Japan...its just we weren't talking about Gox (were we OldGeek?)
I gave up trying to get money out of Gox long ago...I think you need to be very connected or very rich to do that....of which I am neither may I add
178.
Post 4037579 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Good Morning from $600km above Earth!
What? Are you trading from space?
Watch out for Sandra Bullock floating past!!!
179.
Post 4037693 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
If you want to operate in Gox with 1 day transfers, then that's what you need.
I appreciate Gox is in Japan...its just we weren't talking about Gox (were we OldGeek?)
I gave up trying to get money out of Gox long ago...I think you need to be very connected or very rich to do that....of which I am neither may I add
Yeah we were kinda-sorta talking about MtSux. However, I'm trying to figure out, in my tiny brain, how exactly people think that arbi is being carried out. Any exchange 'could' work if everything was right. I just don't see it happening.
Oh, really...I thought you were talking about China... my bad...sorry muyuu
Ahh...I thought I could be useful for once <returns to knitting>
180.
Post 4038365 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
My XBT Withdrawal made yesterday was held back and this evening I was blocked from RMB and XBT withdrawals. (My account reflects my balances but withdrawals are frozen for now.)
Crikey...that doesn't sound too good.
So, any reason from your end that may have happened?
I'm getting worried that the next time I log in I'm going to get a 404 and this lot will have disappeared with a stack of coins.
Not sure I have 3 accounts with the same e-mail domain and cell number, and a few failed RMB withdrawals otherwise low volume and no pump and dump behavior I am sure it will be sorted tomorrow (I have a mandarin employee looking into it so I will have an answer tomorrow.)
Best of luck.
I just emailed them again but they seem to have me on 'ignore' now.
Gutted.
181.
Post 4038399 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
good morning guys, so what did I miss ? what do you think are we going to the moon soon ? or that bubble chart will really apply and we are at the normal stage when a burst will follow?
If it hadn't happened before you left the new meme is 'hodl'...
very funny thread
https://bitcointalk.org/index.php?topic=375643.0Thanks to Jojo for the heads up on this earlier.
Oh, and the specualtion board is being spammed to death by "oh god BTC is doomed" trolls
182.
Post 4038423 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Dead/dying now. Going to sleep for 15 hours. Expect some upside IF I had any successful.
Yes, I did specifically have to request a normal toilet in a five star hotel suite. They put it in the bathroom away from where I'm sleeping. I ruined a thousand dollar suit the last time I had to use one of those.
Oh mate...I'm so glad not to be in China...remember to have your lungs descaled when you get back
183.
Post 4038517 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
There's a lot of rampant capitalism in China.
Apart from the corruption that lubricates it, there is little else.
184.
Post 4039851 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Wow...isn't it quiet.
ANd the exchanges are the same...just bots trading among themselves
Guess this is what Christmas is going to be like...
185.
Post 4039984 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Wow...isn't it quiet.
ANd the exchanges are the same...just bots trading among themselves
Guess this is what Christmas is going to be like...
Should I change my bot to post on bitcointalk about it's trades?
That would be great!!
Its just me and the cat for Christmas this year...so your bots would be welcome company
Perhaps one of them could bring trivial pursuit?
186.
Post 4040235 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Wow...isn't it quiet.
ANd the exchanges are the same...just bots trading among themselves
Guess this is what Christmas is going to be like...
Should I change my bot to post on bitcointalk about it's trades?
That would be great!!
Its just me and the cat for Christmas this year...so your bots would be welcome company
Perhaps one of them could bring trivial pursuit?
Here's a prototype I've been working on:
Bot: Such trade (87 @ 1035)! WoW! So Buy! Much Currency! Very Christmas!!!
Hhhmmm...?
Well, its certainly more engaging chat than the BTCe trollbox...
187.
Post 4040262 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
bitstamp is an amazing exchange. Only thing it doesn't have is an auto log out feature. This would help with security....
Did they implement stop loss order?
Nope they also still don't have a market order it's pathetic
.
Yeah...I don't what spooderman is on about really...its a boutique exchange, it looks great but is very low on features. I hate the fact you can't see the market prices on the order page.
The only good thing really is you can get your fiat money out...which I guess is quite a significant plus point really.
188.
Post 4040293 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Phase one: Send us your money
Phase two: er thats it
189.
Post 4040409 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
bitstamp is an amazing exchange. Only thing it doesn't have is an auto log out feature. This would help with security....
Did they implement stop loss order?
Nope they also still don't have a market order it's pathetic
.
Yeah...I don't what spooderman is on about really...its a boutique exchange, it looks great but is very low on features. I hate the fact you can't see the market prices on the order page.
The only good thing really is you can get your fiat money out...which I guess is quite a significant plus point really.
I just discovered Kraken.. I'm surprised more people aren't using them. They have a bunch of advanced features, including stop loss.
That, and they verified me in 24 hours.
Hows the market depth there?
How is their banking network?
Have you withdrawn fiat from them?
Well, as I said; I'm surpised more people aren't using them. You can't have a great market depth without a decent amount of users. So of course it won't be nearly as good as a market leader like Bitstamp on that.. not until they get more users.
I haven't tried withdrawing yet, I'm going to wait until after new years.
I'm guessing they are based in Korea from the website?
190.
Post 4040436 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Wow...isn't it quiet.
ANd the exchanges are the same...just bots trading among themselves
Guess this is what Christmas is going to be like...
Should I change my bot to post on bitcointalk about it's trades?
That would be great!!
Its just me and the cat for Christmas this year...so your bots would be welcome company
Perhaps one of them could bring trivial pursuit?
Here's a prototype I've been working on:
Bot: Such trade (87 @ 1035)! WoW! So Buy! Much Currency! Very Christmas!!!
Hhhmmm...?
Well, its certainly more engaging chat than the BTCe trollbox...
Oh, I guess you're not familiar with dogecoin :-).
More of a cat girl to be honest.
191.
Post 4040444 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
On a side note , i'm noticing LTC is now stagnating around 17-18 despite current rally.
Charlie Lee,founder of ltc whose brother of Bobby Lee is owner of btcchina, My guess: he is slowly dumping his ltc..
Er...it actually went to zero on one of the exchanges yesterday (I saw the screen grab), and sub 10 on btce, so I'd say its making a hell of a comeback.
192.
Post 4040466 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
I just discovered Kraken.. I'm surprised more people aren't using them. They have a bunch of advanced features, including stop loss.
San Francisco based
I'm surprised...given their third fiat currency is KRW I thought they were a Korean enterprise...nothing against Korea...its just a weird choice.
193.
Post 4049648 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Picked up a large amount of BTC that would otherwise have hit the market, at the CNY rate.
Its not very difficult to bring large amounts of USD into China on a private plane. I have a close relationship with my A&P.
I said yesterday that Loaded was going to bash some sense into the Chinese with a briefcase of cash....and lo it came to pass.
But have you slept yet?
194.
Post 4053725 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
why is money flowing into DOGE? how did it even get onto the exchanges?
it's like people are treating it as a real cryptocurrency - wow.
someone was trying to shill it to me yesterday here...told em I was a cat kinda girl, which completely threw them.
These sorts of flash in the pan coins are a good argument for regulation...they make crypto seem like Pokemon.
195.
Post 4053762 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
I'm long-term bullish. But I trade the swings, so not too concerned with predicting a top or bottom. The market decides which way it goes and I can't affect that.
196.
Post 4053807 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
someone was trying to shill it to me yesterday here...told em I was a cat kinda girl, which completely threw them.
These sorts of flash in the pan coins are a good argument for regulation...they make crypto seem like Pokemon.
there are no good arguments for regulation, merely bad arguments in a good suit.
Hhhhmmm....well, I think regulation is going to happen one way or the other.
I think it would be great if the 'community' comprised that regulation rather than it being imposed externally.
Coming from Australia I can say that, like the old joke "put two welshmen in a room and they form a choir", if you put two Aussies together the first thing they do is set up a regulatory framework.
197.
Post 4053835 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
such amaze
currency much
edit/ also nan, really liked your post in the open message thread
Thanks, hon
Gonna check back in minute...see how many ignores I've collected
198.
Post 4053867 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
good morning forum members, so it looks that we are going up
Well China has just dipped so it is interesting to see if there is a full-on detachment of pricing between there and the rest of the world. Kinda interesting.
199.
Post 4054006 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
good morning forum members, so it looks that we are going up
Well China has just dipped so it is interesting to see if there is a full-on detachment of pricing between there and the rest of the world. Kinda interesting.
Kinda awesome is what it is. It is where we have to get to before we can move on. If one exchange can be taken out, and it has this much effect on BTC then we are in deep trouble.
We have to learn to let individual exchanges do their thing when they go off the deep end . . .
I guess another way of looking at it is: three days ago the exchange with the biggest volume and potential market got royally screwed, BTC took a hit, the cassandras cam out and had a moan, but today all the other exchanges are back on track.
Rather than big trouble, I think we can say BTC is one resilient little bugger.
200.
Post 4054110 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
Rather than big trouble, I think we can say BTC is one resilient little bugger.
No man, it's one resilient BIG MOTHERFUCKER!!!!!
LOL..well, apart from the fact I'm female and old enough to be your mother....thanks for that, most eloquent.
201.
Post 4054178 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
good morning forum members, so it looks that we are going up
Well China has just dipped so it is interesting to see if there is a full-on detachment of pricing between there and the rest of the world. Kinda interesting.
Kinda awesome is what it is. It is where we have to get to before we can move on. If one exchange can be taken out, and it has this much effect on BTC then we are in deep trouble.
We have to learn to let individual exchanges do their thing when they go off the deep end . . .
I guess another way of looking at it is: three days ago the exchange with the biggest volume and potential market got royally screwed, BTC took a hit, the cassandras cam out and had a moan, but today all the other exchanges are back on track.
Rather than big trouble, I think we can say BTC is one resilient little bugger.
No question about that. This is the third time I have been through the whole "bitcoin is dead" thing, so I am used to it. The thing is, it has to get to the place where these things have only a minor effect on the price, as until it can stop giving up more than half of it's value in a few days, the broad majority will still scoff. It will come, just growing pains.
No, I agree completely. This is only my second 'crash'...I was invested before April as well. But the general volatility does fuel broader scepticism - we (whoever we are :/ ) are in a tricky position because price stability will only come with broader engagement and of course that will bring with it a pile of baggage (such as the R word).
Its interesting too that when these events occur they tend to bring out the extremists on both sides...the BTC is dead hahha mob and the "you don't understand BTC is worth more than mere money can ever express" folk. It's almost a reflection of the extremes of the BTC market itself.
202.
Post 4054580 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
So Loaded did some serious job there in China. $80 up during my night time sleep!
Good Morning People!
and don't forget to...
HODL!
Evening from Australia.
And how is sunny Greece today
203.
Post 4054677 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
The great China scare - it's over. Another page turn in the Book o Bitcoin.
Now I can go back to my sofa.
famous. last. words.
No it is...go back a few pages for the recent discussion.
BTC has shown its resilience, we've had the extremists from both sides proclaim their views but the market is the true indicator. We may go up, we may go down in the short-term but its gonna take more than proclamations from a bunch of Chinese pensioners to destroy BTC.
Enjoy the show.
BTW...will you be sitting any of your A-level economics questions later (...Discuss?) I do enjoy them
204.
Post 4055288 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
The great China scare - it's over. Another page turn in the Book o Bitcoin.
Now I can go back to my sofa.
famous. last. words.
No it is...go back a few pages for the recent discussion.
BTC has shown its resilience, we've had the extremists from both sides proclaim their views but the market is the true indicator. We may go up, we may go down in the short-term but its gonna take more than proclamations from a bunch of Chinese pensioners to destroy BTC.
Enjoy the show.
BTW...will you be sitting any of your A-level economics questions later (...Discuss?) I do enjoy them
I didn't think you literally were talking about Bitcoin surviving, I never thought that was in question. I thought you were saying that this downtrend was over. That's a different story.
Ach, well...a bit of both.
If you believed the cassandras who flooded the speculation forum then this was the beginning of the end. Clearly, BTC is resilient enough to survive an exchange being throttled by a govt...let's face it...if Beijing said "Enough of this capitalist nonsense, we're imposing rules on the Hang Seng" I think it would take the global markets longer than three days to get the wind back in their sails.
The end of the 'downtrend'...well it depends on your perspective....zoom in and we are breaking out of a down swing...zoom out and we are still WAAY above the growth trendline...infact I'd imagine there would be a strong argument that a further correction and stabilsation to around USD500 would be a good thing.
We may go up, we may go down...as they say in Hebrew (I'll have to spell phonetically)...Oo li ken, oo li low "maybe yes, maybe no"
205.
Post 4055302 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.43h):
So Loaded did some serious job there in China. $80 up during my night time sleep!
Good Morning People!
and don't forget to...
HODL!
Evening from Australia.
And how is sunny Greece today
I will be out for a morning coffee later today (it's 10:40am) It's December but it's 19C outside which makes it a perfect day for me to go and photosynthesize
Nice....way too hot to photosynthesize here...more chance of irradiating.
206.
Post 4067949 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.44h):
If Dogecoin was so genius, Bitcoin could just incorporate it's algorithms or whatever, while maintaining all the advantages that Bitcoin already has (first mover, infrastructure, media attention, currency acceptance, etc.).
But it wouldn't be called
Dogecoin, which is precisely why
Dogecoin is such a great investment.
It does have that intrinsic name value that no one can counterfeit. Very good observation..
Howdy y'all
I still cant work out if its mean tot be Doggy Coin or Dodgy Coin....either way its pretty shit...
207.
Post 4067957 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.44h):
Indeed naming a coin for the Doge of Venice, where the European sovereign fixed income market began on the Rialto bridge, is clever, but hardly genius.
Ohhh...get you
208.
Post 4068040 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.44h):
rofl
I actually came in to say something serious(ish)....did anyone see this about Iceland. Its a few days old but passed me by
http://www.reddit.com/r/Bitcoin/comments/1t8zf3/bitcoin_trading_illegal_in_iceland_according_to/And todays mystery phrase is...."Capital flight".
209.
Post 4068069 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.44h):
If Dogecoin was so genius, Bitcoin could just incorporate it's algorithms or whatever, while maintaining all the advantages that Bitcoin already has (first mover, infrastructure, media attention, currency acceptance, etc.).
But it wouldn't be called
Dogecoin, which is precisely why
Dogecoin is such a great investment.
It does have that intrinsic name value that no one can counterfeit. Very good observation..
Howdy y'all
I still cant work out if its mean tot be Doggy Coin or Dodgy Coin....either way its pretty shit...
Its Daugecoin. Either way it's so wow
Anything that needs a pronunciation guide has problems?
But you know its Wiki page actually has a picture of a dog on the coin? I thought the idea was you could mine coins with an image of your dog embedded...some sort of Japanese thing.
210.
Post 4098864 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.45h):
Yeah, I think we are building momentum to break through this trend later today.
Last minute BTC shopping.
211.
Post 4099261 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.45h):
So, now is a good time to buy? Or wait a little bit for it to go lower?
Flip a coin. Can't be worse than the advice you will get on this forum. Actually I recall a very old thread doing exactly that.
The user who did that was here a few days back: said it worked as well as, although not better than, TA.
Get flipping
212.
Post 4100213 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.45h):
Its crazytime in crazyland.
LOL..."as it ever was, and so it ever shall..."
213.
Post 4116901 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
Thanks for the link...that was a really interesting (and challenging) read...
214.
Post 4118555 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
Wow, you can tell its quiet when the boys are talking about cars...
215.
Post 4130067 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
Thats basically India just saying that if you jump on the bandwagon you have to accept the risks that come along with it.
It's strange to see that all these governments are caring so much for their population as to warn them of the risk of some specific investment/gamble.
They didn't warn of the dotcom bubble and they sure don't warn about putting money into real estate or stock, do they?
It's the new caring, sharing global government.*
*Christmas cracker joke
It could be that they don't see a cut for themselves from BTC and don't want the public's funds be diverted from their own schemes...I mean investment vehicles.
216.
Post 4140919 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
Came to say Merry Christmas bitchez (except Walsoraj - I hope Santa shits in your stocking).
Good to see all that peace and goodwill didn't last and that petty feuding has broken out already...well done.
217.
Post 4144565 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
how you know how high this will go? how you know how low it will fall after?
Uh, what?
It's a pretty simple question...short-term high and low.
We're all dying to know your methods...
218.
Post 4145147 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
Do you think its wise to hold off buying right now?
Best recommendation right now is placing a limit order at ~100 and another one at ~1500, and waiting for them to be filled. Might take a while, but better to be prepared and spread your bids a bit.
Sorry to sound like a dumbass, its going to be the first time i will be buying something worth mentioning (5-10BTC)
What do you mean by "limit order at ~100 and another one at ~1500"?
Place a bet at around $100 and another at $1500...buy on the first, sell on the second.
I wouldn't worry about it if you are starting out.
Just buy and hodl
219.
Post 4145166 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
Do you think its wise to hold off buying right now?
Best recommendation right now is placing a limit order at ~100 and another one at ~1500, and waiting for them to be filled. Might take a while, but better to be prepared and spread your bids a bit.
Sorry to sound like a dumbass, its going to be the first time i will be buying something worth mentioning (5-10BTC)
What do you mean by "limit order at ~100 and another one at ~1500"?
you could buy 1/4 now, but good rule is to not buy in rally, but good rule is also that never go full fiat so that's why it would be good to buy something even in rally
Sooo many 'rules'
And you forgot...never trust any advice you get here....er....except ...er..
220.
Post 4145213 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
I can only imagine the confusion of a bitcoin noob when he or she visits the forums, and is not only faced with the technical jargon about bitcoin, but all the meme-speak (and "obvious" trolling) too
.
I lurked for six months before joining...I've found it pays to 'research' before joining forums and leaping in only to be savaged by the board nutter.
221.
Post 4145607 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
i don't think we will break 720 at stamp
Do you think christmas buyers will sober up so soon?
volume is already going down and 720 is major resistant, last big top and market is way overbought
You mentioned beofre about the RSI showing overbought earlier...yet all of the charts I have seen for RSI and Stochi show under the 70 or 80 line respectively ie not over-bought....I'm using Wisdom and looking at Gox btw.
222.
Post 4146718 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.46h):
i don't think we will break 720 at stamp
Do you think christmas buyers will sober up so soon?
volume is already going down and 720 is major resistant, last big top and market is way overbought
You mentioned beofre about the RSI showing overbought earlier...yet all of the charts I have seen for RSI and Stochi show under the 70 or 80 line respectively ie not over-bought....I'm using Wisdom and looking at Gox btw.
there's no rsi in wisdom stochRSI is not the same
Yeah, sorry Gandhi, I meant bitcoincharts.com.....I think of wisdom as default these days.
So, yes, my original query remains...but I think maybe you were talking about Stamp.
EDIT: bit stoned
223.
Post 4157110 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.47h):
Ugh bitcoin is a cruel beast. I should have bought while I had the chance!
It's time to hodl as long as possible.
more and more people are learning this simple truth ...
I've been waking up every three/four hours to check on the price (5.53am local time) and every time I look at the chart and think, "thank goodness I hodled". I imagine trying to day trade in such a bullish trajectory is pretty stressful.
But this is another 'thin volume rally'...lets see what has happened by 31st Jan.
224.
Post 4160478 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.47h):
Oh great another Balkan's War...just what we need.
225.
Post 4160528 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.47h):
begging on the forum, mmm let me think about it... sure you are not someone who lives better than 99.98 people, and have that much of money, I wouldn't mind giving that 10 BTC for a Bosnian in need if convince me....
I really need that 10 BTC. Because your sister is a really expensive slut. 1000CHF per night. Your 10 BTC wouldn't last long. So I need more. I'm really in need.
I thought you have allot of money, just buy that 10 BTC and go "fuck" my "sister" if you want, from this point on I am putting you on ignore because you will get me banned if I continue replying to your non sense.... the first time since along time that I had to go to this low level talking to someone....
Well, you can both have an ignore from me too.
226.
Post 4177978 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.47h):
Nice
227.
Post 4210620 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.48h):
Wow look at this sudden massive flow of delusional bulls that partied too much over the holidays or something. All the sudden due to a couple buys on gox on a low volume day and some squiggly lines we are ARE BACK IN THE BULL MARKET GOING TO DA MOON NEXT STOP 10000 LOLZ.
Really? Do you not remember this exact same fake breakout in May? Like I said this weak rally is going to probably $900 maybe a bit higher before reversing into final capitulation to $500.
no way it wont even get past 760 ( Stamps )
Sorry Adam, what are you saying? BTC wont go higher than 760 on Stamp???....shurerly shome mishtake
228.
Post 4210742 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.48h):
Wow look at this sudden massive flow of delusional bulls that partied too much over the holidays or something. All the sudden due to a couple buys on gox on a low volume day and some squiggly lines we are ARE BACK IN THE BULL MARKET GOING TO DA MOON NEXT STOP 10000 LOLZ.
Really? Do you not remember this exact same fake breakout in May? Like I said this weak rally is going to probably $900 maybe a bit higher before reversing into final capitulation to $500.
no way it wont even get past 760 ( Stamps )
Sorry Adam, what are you saying? BTC wont go higher than 760 on Stamp???....shurerly shome mishtake
we'll see...
the math geek would have you blieve bitcoin is going to the moon, meanwhile they buy dogecoins.....
Oh God....I thought we had moved onto cat coins long ago
Don't take any notice of what TERA says...he's a contrarian, you should know this from the trollbox. It's the end of the weekend of a long holiday with flaccid volume flopping the price around. What happens on Jan 2nd following is what to base your predictions on.
And lets face it 'capitulation' at $500....its like being tortured with a feather.
229.
Post 4212191 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.48h):
equilibrium (even with fluctuation) is realistic.
there are somethings that the usd is better for and some things btc is better for. one will not kill off the other any time soon.
500 years from now? sure... gold might be the thing again by then, lol.
Agreed - but let me run this by you, it's been bugging me:
Digital currency - in the form of neutral, non-centralised and trustworthy value transfer systems make sense.
But whether BTC is Myspace and not Facebook, or AltaVista and not Google is a moot point.
Change will come, yes - but Bitcoin is a pioneer and something better could well take advantage of the doors it opens.
A network of P2P value exchange is obviously necessary, but BTC is just showing what is possible, and the coin value is much less relevant than the actual network value (which cannot be bought).
We actually cannot (yet) buy what the value of this idea is, anymore than you can buy shares in the internet. The real money is in the applications regular people can really use.
They are not there yet, they will be and this will 'make' bitcoin, but to be honest I am beginning to thing the price of a coin is really missing the point of what we are part of and I am seeking ways to invest in applications for this technology, not the coins which flow between the points of its' network.
Philosophical drivel maybe - but I do not here anyone here discussing this kind of 'future' when it seems patently obvious to me that we are not thinking what the applications riding on the network could actually do, and mean for the future. Not just the 'price' of a coin.
I think what you are highlighting there is the difference between creating wealth and extracting wealth....
http://www.theguardian.com/commentisfree/2013/dec/29/worlds-largest-economies-and-their-future(not about Bitcoin but interesting in light of both your point and the opportunities which BTC offers.)
A lot of the big investors (Li KaShing eg) have a similar philosophy.
230.
Post 4212211 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.48h):
My drinking pals call me the absinthe fish.
This explains
everything!!!
231.
Post 4247555 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.49h):
It's official. It's 2014 in Greece and
I AM DRUNK! 
Happy New Year Macsga
232.
Post 4263054 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.49h):
There are many great events coming within the next couple of weeks.
Fortune's story about Fortress fund is one of them. I bet you have considered yourselves that only the strongest will survive the fiat exchange mania this year, right...?
RIGHT?? I tried to get a thread started listing all the positive news/fundamentals happening in 2014
https://bitcointalk.org/index.php?topic=385359.0Perhaps you could contribute MAcsga?
NB...its interesting that rather than just list positive events most users want to talk about the negatives of fiat or present personal opinion - I'd suggest the internet has made people pretty feeble minded in respect of disciplined thinking.
233.
Post 4286438 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
usually bears complain about low volume at this point.
I don't think you are a 'bear' or a 'bull' to point out the volume driving this is very low, nay anaemic ...essentially the market is still in holiday mode.
234.
Post 4297103 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
I'm declaring this page....
Use caution: conspiracies abound.
235.
Post 4298050 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.
Brave words...I'll make a note.
236.
Post 4298481 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
I haven't been wrong about a specific call I've posted on here yet.
Wow...I didn't realise you are infallible.
My apologies.
237.
Post 4299308 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
FTC is garbage adam! lol only coins with innovation will succeed IMO
Historically markets don't necessarily respond to innovation (cf Betamax vs VHS, browser wars etc) - it comes down to people and FTC has an active community...have you checked out their forum or actually spoken to Chris?
238.
Post 4299584 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
FTC is garbage adam! lol only coins with innovation will succeed IMO
Historically markets don't necessarily respond to innovation (cf Betamax vs VHS, browser wars etc) - it comes down to people and FTC has an active community...have you checked out their forum or actually spoken to Chris?
I honestly used to root for FTC and be pretty involved with the community. that was until XPM and QRK came on the scene which made me realize how worthless FTC is. FTC is literally the exact same as LTC with 4 times more coins and horrible branding. Im sure it will do well (rise in price because BTC pulls it up) but I don't hold any
I think you have to realise that most people struggle with the concept of crypto and how BTC can be 'money'....when I talk to most people I know about BTC (admittedly I'm probably older than most here, so its an older cohort) they struggle and ask 'but how can it be money'.
So, the mass market is not going to be bothered about innovations that XPM or QRK offer. They will want something simple and fair play to the FTC mob they do realise this.
239.
Post 4299814 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.
Brave words...I'll make a note.
Please do. I haven't been wrong about a specific call I've posted on here yet.
Oh, come now. No one takes that condescending bullshit seriously.
I recall one post specifically because it was in response to me, when price was just over $200 in October.
I would bet we don't end the year more than $20 up or down from where we are today.
Then I thought, let's have a look.
I do not see a lot of investment coming in during the holidays. Certainly not to push us up another $55-60 in the next 2 months. Especially since there are still some people who would just be happy to break even from the April crash, even more so during the holidays.
I don't think we will see ATHs until 2014.
It will be institutional investors that eventually get us to $1000+. Mom and pop can get us to new highs, but the BTC markets need billions of new capital investments into its coffers to get to 4 digits and beyond.
[...]
I still think this is probably at least over a year away.
I would not expect us to break above 266 before mid December or into the new year. If we do, we are probably headed for another sizeable dip.
There really is no resistance for a loooong time after $1000. $1500 maybe, but $2000 really is the next resistance after that. And 10000 cyn which is about $1630. Have some serious resistance there.
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.
3 days before the move to capitulation:
After studying these markets daily, I believe I have a pretty good pulse on where things are going. Here are my 2 cents currently.
There is a groundswell of buying pressure sitting off to the sidelines and its growing. Its growing for 2 reasons. First, most traders are not 100% bitcoin at the moment. Just look on this mostly bullish forum. Most of us are partly fiat right now. We have $$$ sitting on the sidelines. Second,
there is a lot of new money coming into the exchanges that are not buying right away. That is why the bid sum is increasing. People want to invest, but do not necessarily want to invest if the price is going to go lower.
So every possible mid term scenario (minus a catastrophic one, which always exists) has one final result - an strong upswing in which the money is forced to come back into the market. This will eventually cause another large rally. To where, I do not know. But it is coming.
I think there are 3 near/mid term scenarios. I will list them most unlikely to most likely.
A. Incredibly bullish news spurns the market upward suddenly forcing the money on the sidelines back in causing a new huge rally.
B. The market consolidates where it is (around $900) for 1-4/5 weeks. This would be the most bullish scenario and would be similar to the consolidation around $120-$130 a few months ago.
C. The market ebbs sideways and downward over the holidays as the holiday season wins the news cycles and people hold off on investing and sending more funds to markets. In this scenario, we DO NOT reach another low past the $600ish already established. This would be very similar to the April rally where people expected it to test the low of $50s but it only got to $66, because everyone wanted to buy low.
I think C is most likely given the holidays. We will trend sideways to down, we will start a slow upswing sometime before $600. Somewhere from Dec. 30th to Jan. 31st that upswing will gain momentum and by sometime in February we will be in full fledge rally mode again. I also think this scenario could happen before February as well.
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.
Just like I said, we may go lower but we are not going lower than 600 because everyone is watching there.
And the underlining mood of this market is bullish. Eventually we are going to hit a price where the money on the sideline says this is low enough. Then after the holidays when more institutional money comes in away we will go.
Or alternately we will go up anytime because honey badger don't give a SHIT.
If you see a downtrend that gets heavy resistance before $600 you should buy.
There is way too muchl money sitting on the sidelines for the market to fall far. And when it comes back in he market will have established its floor.
Most people are looking at 600 the same way they did 50. So on a down trend I would expect the buying to start between $620-$700.
We made a higher low on 12-20 and have not revisited it. You said:
Look. I hear you. I actually agree with most of what you said. However, as much as it gets blasted TA is very effective in calling patterns. And technically speaking we have at least 1 more leg down. I might not make new lows, but still, it would be shocking if it did not happen.
What are your thoughts regarding this now:
I think we hang out in a $20-$40 range for a bit before testing the ATHs early next year, but that doesn't mean even 2014 want see some days (or hours) under 150.
It seems your views have changed. Were you right then, or right now?
We are already seeing an issue with people not wanting to invest at $200. I think the psychological challenges of the cost of a single bitcoin for a potential new investor will dampen the market to a degree. Unless we see the exchanges moving to a lower denomination than BTC, I think our growth from here on out will not be exponential. I could see us at $500-$1000 next year best case scenario. However, as the price rises, the growth curve will be dampened, no doubt.
That's hilarious...nice work.
Perhaps 'Windy' should approach the UK govt...they have an energy crisis at present...all that hot air could heat Britain.
240.
Post 4301399 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
Why do people dump now? How do they think? "Well the price is going up, lets quickly dump before i make more money by putting up a sell order around 900"?
the people who are dumping now are the ones who bought coins before we took off and are taking profits (out of the pockets of those who bought coins during the rally itself).
Great. Now read my post again.
hes right... day traders might be dumping profits right about here
but, no one is really dumping...
the market appears safe, i think we can rally to 900 in a few days time.
Isn't it a little early to make that judgment? All the supports are pretty much crippled.
we will see
1000$ is a nice target top if you ask me
i've been selling,i think you'd would get me to sell 1 more at 1000$.... money i love it
, everyone knows i'd love to see the price drop to 520.1001 but i feel the bullishness! no market moves like bitcoin.... i was still doing countdowns at 800-900 because fuck bitcoin might just be the best performing asset in the world every year for the next 30years!
don;t no one know where the "top" will be... THERE IS NO SPOON!
5% of gold MAY BE trying to quietly buy up alll the bitcoin as we speak!
fuck man why did i sell.....
lol!
because you want more of the amazing thing you just described
edit: so bitcoin was hands down the best investment of 2013, thinking weed will be the best investment of 2014
http://rt.com/usa/marijuana-stock-soars-colorado-million-162/ one can invent in weed?? lol thats so cool!
From the article: "Yet, because marijuana is still illegal under federal law, business owners are prohibited from putting their profits in the bank"
I wonder where those profits will be going then....hhmmmm
Another BTC win I think
241.
Post 4302883 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.
Brave words...I'll make a note.
Please do. I haven't been wrong about a specific call I've posted on here yet.
Oh, come now. No one takes that condescending bullshit seriously.
I recall one post specifically because it was in response to me, when price was just over $200 in October.
I would bet we don't end the year more than $20 up or down from where we are today.
Then I thought, let's have a look.
I do not see a lot of investment coming in during the holidays. Certainly not to push us up another $55-60 in the next 2 months. Especially since there are still some people who would just be happy to break even from the April crash, even more so during the holidays.
I don't think we will see ATHs until 2014.
It will be institutional investors that eventually get us to $1000+. Mom and pop can get us to new highs, but the BTC markets need billions of new capital investments into its coffers to get to 4 digits and beyond.
[...]
I still think this is probably at least over a year away.
I would not expect us to break above 266 before mid December or into the new year. If we do, we are probably headed for another sizeable dip.
There really is no resistance for a loooong time after $1000. $1500 maybe, but $2000 really is the next resistance after that. And 10000 cyn which is about $1630. Have some serious resistance there.
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.
3 days before the move to capitulation:
After studying these markets daily, I believe I have a pretty good pulse on where things are going. Here are my 2 cents currently.
There is a groundswell of buying pressure sitting off to the sidelines and its growing. Its growing for 2 reasons. First, most traders are not 100% bitcoin at the moment. Just look on this mostly bullish forum. Most of us are partly fiat right now. We have $$$ sitting on the sidelines. Second,
there is a lot of new money coming into the exchanges that are not buying right away. That is why the bid sum is increasing. People want to invest, but do not necessarily want to invest if the price is going to go lower.
So every possible mid term scenario (minus a catastrophic one, which always exists) has one final result - an strong upswing in which the money is forced to come back into the market. This will eventually cause another large rally. To where, I do not know. But it is coming.
I think there are 3 near/mid term scenarios. I will list them most unlikely to most likely.
A. Incredibly bullish news spurns the market upward suddenly forcing the money on the sidelines back in causing a new huge rally.
B. The market consolidates where it is (around $900) for 1-4/5 weeks. This would be the most bullish scenario and would be similar to the consolidation around $120-$130 a few months ago.
C. The market ebbs sideways and downward over the holidays as the holiday season wins the news cycles and people hold off on investing and sending more funds to markets. In this scenario, we DO NOT reach another low past the $600ish already established. This would be very similar to the April rally where people expected it to test the low of $50s but it only got to $66, because everyone wanted to buy low.
I think C is most likely given the holidays. We will trend sideways to down, we will start a slow upswing sometime before $600. Somewhere from Dec. 30th to Jan. 31st that upswing will gain momentum and by sometime in February we will be in full fledge rally mode again. I also think this scenario could happen before February as well.
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.
Just like I said, we may go lower but we are not going lower than 600 because everyone is watching there.
And the underlining mood of this market is bullish. Eventually we are going to hit a price where the money on the sideline says this is low enough. Then after the holidays when more institutional money comes in away we will go.
Or alternately we will go up anytime because honey badger don't give a SHIT.
If you see a downtrend that gets heavy resistance before $600 you should buy.
There is way too muchl money sitting on the sidelines for the market to fall far. And when it comes back in he market will have established its floor.
Most people are looking at 600 the same way they did 50. So on a down trend I would expect the buying to start between $620-$700.
We made a higher low on 12-20 and have not revisited it. You said:
Look. I hear you. I actually agree with most of what you said. However, as much as it gets blasted TA is very effective in calling patterns. And technically speaking we have at least 1 more leg down. I might not make new lows, but still, it would be shocking if it did not happen.
What are your thoughts regarding this now:
I think we hang out in a $20-$40 range for a bit before testing the ATHs early next year, but that doesn't mean even 2014 want see some days (or hours) under 150.
It seems your views have changed. Were you right then, or right now?
We are already seeing an issue with people not wanting to invest at $200. I think the psychological challenges of the cost of a single bitcoin for a potential new investor will dampen the market to a degree. Unless we see the exchanges moving to a lower denomination than BTC, I think our growth from here on out will not be exponential. I could see us at $500-$1000 next year best case scenario. However, as the price rises, the growth curve will be dampened, no doubt.
Lol. That's pretty funny.
But this doesn't change the fact that you are still an over-analytical asshole.
You have this tendency to take 1 thing someone will post, find some literal misinterpretation and run with a counter argument, just for the sake of being a pompous prick.
Now, I misspoke to say I hadn't made any incorrect calls. In fact, you could have quoted various of my previous posts where I have mentioned "not having a clue" or "maybe wrong" or "I missed the fact that..." or some other caveat where I recognize that we all, including myself have limitations. Of course you left any posts like this out because you wanted to paint a picture of me as a complete imbecile.
The truth is I sometimes cut corners with what I post or don't qualify my statements in "context" simply because I take for granted that people on here won't take things as black or white, but perhaps with some grey or because I am posting from my phone or don't have the time and energy to clarify ever little detail. Although, while you posted several quotes most of them came down to me missing on either the fact that the rally at $250 would go to $1240 or missing the capitulation going below $600 - in essence missing the news from China, although I posted a poll about that very thing 10 days before it happened. There were a few other misses and some you didn't post (would you like me to add them for you?) but most of these quotes are about the same topics.
Now it probably took you a good hour to go back through all my posts. And of course you didn't list any of my correct predictions, because you had a bone to pick. So, should I now go back and do the same to you? Heavens no, what a collossal waste of time and energy.
But hopefully you had a laugh and feel better about yourself now.
I can take it as good as I give it. So again, well done.
All I ask is just try not to be such an analytical prick.
I don't want to labour a point here but you did say,
I haven't been wrong about a specific call I've posted on here yet. only clearly you have been wrong numerous times. Now you are saying
And of course you didn't list any of my correct predictions.
So, we've moved from black and white to 'shades of grey'.
So, your counter-argument is pretty weak and resorting to ad-hom attacks doesn't strengthen it. If I had collated those posts they would have been just as valid at pricking your pomposity, but would I have been 'over-analytical'?
You can huff and puff about details and cutting corners but surely it would be better to just post your opinion to the interweb with a bit more humility and a bit less of the "obviously I am right" attitude?
Or as you would say "Discuss!"
242.
Post 4304696 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.50h):
Nice........she says toking a fat one
243.
Post 4321092 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
Well you asked for it (about ten pages back)
The "Choo Choo Motherfucker" t-shirt is now available.http://www.zazzle.com/choo_choo_tees-235618740034578955Unfortunately, zazzle doesn't accept
BTC which is a bit sad but still.
This is the first in a series of BTC meme themed items I've commissioned via my layabout husband .
Please let me know via PM if there are any personal requests (I'm thinking of a Lambo one for Goat!!).
Nan
244.
Post 4339895 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.
Brave words...I'll make a note.
Please do. I haven't been wrong about a specific call I've posted on here yet.
Hey, Windy!
Just wanted to remind you about your prediction: so much for the weekend low eh?
245.
Post 4340040 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
I don't want to take this too off-topic but just a quick 't-shirt' update - I have my husband shackled to Illustrator churning them out for all the nice souls here ...I'm sorry about Zazzle, its shit-house expensive I know...but you're all loaded
So we now have:
Choo-choo motherfuckershttp://www.zazzle.com/choo_choo_tees-235618740034578955One for Goat (well, actually Mrs Goat and all the BTC widows out there)http://www.zazzle.com/the_bitcoin_lambo-235539642423633802One for Adam and all the FTCershttp://www.zazzle.com/feathercoin_revolution-235861535449206681To da moonhttp://www.zazzle.com/bitcoin_to_da_moon-235144014262665501(white)
http://www.zazzle.com/bitcoin_to_da_moon-235986236387035849(dark)
And for Macsga...cause I know he loves hodlinghttp://www.zazzle.com/keep_calm_and_hodl-235611152796652927(white)
http://www.zazzle.com/keep_calm_and_hodl-235148568540981174(dark)
OK, I won't spam no-more but hope you enjoy
246.
Post 4340181 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
I bought the train one about 12 hours ago:)
also, my wife was the one who invested in btc, i was just the one to give her the best investing advice evar
she HODLZ!
Brilliant, thanks.
I never realised that about your wife...gosh I feel silly now. And I thought it was such a funny parody of the holiday t-shirts too.
247.
Post 4340216 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
I'll add it to the list...no worries.
EDIT: I'm told more than eight colours can be pricey/dicey according to the zazzle site...so, see how we go.
248.
Post 4340348 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.
Brave words...I'll make a note.
Please do. I haven't been wrong about a specific call I've posted on here yet.
Hey, Windy!
Just wanted to remind you about your prediction: so much for the weekend low eh?
Good grief. I said I thought we would have a slight dip. We did not. I apologize for being wrong. Is that ok? Do you need me to do something else like castrate myself publically or something? What would you like from me, exactly? It think it would be better for both of us if you just ignored my posts.
I actually thought about going back and doing a chart of the last six months, comparing weekend performance to weekday performance to "prove" the theory that weekend perform less well on whole. But I just don't have an extra couple of hours to do this.
Meanwhile I am 100% btc and have been for a while so I am happy as a lark that we didn't dip.
Hey, don't take yourself so seriously.
You post definitive statements and back them up with things like "I'm never wrong" then you set yourself up for a fall....no?
As Hyphymikey's posts show, people can take what is said here seriously and base their investment strategies on users comments. And its life that we are often drawn to those with confidence in their beliefs. So, if you (tu) demonstrate such confidence about everything you say, its only fair that others point out that you are not infallible and indeed as often incorrect as correct.
Peace,
Nan
249.
Post 4340460 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
"Cashing out" is a relative term ... for those of us who felt imprisoned by the fiat monetary system, buying BTC was our "cashing out" moment.
P.S. ... are you, btw, the good Sir Richard?
I'm not good. I will take your bitcoin and your fiat
Yep, that sounds like beardy!!!
250.
Post 4341402 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
Wow. Is this place ever dead.
Price surging upward and not a single CCMF?
I was expecting to see more missed trains pics myself
Its going to fast even for the bulls
we got t shirts on order btw lol.. really goat and nano
I'll post some more tomorrow (Aussie time) too.
251.
Post 4341449 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.51h):
LTC flying too...don't ya just love crypto!!!
252.
Post 4365105 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.52h):
Looking at the 4hour chart and the trend since the reversal after the Dec 18th correction, I'd suggest if Gox falls another $20 or so to break $960 then we could see some much lower prices by the weekend.
253.
Post 4379237 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.53h):
to much talk not enough trains.
ALL ABOARD!
Hey Adam,
Not see n you for a while...if you didn't see I made you a t-shirt...you FTCer you
http://www.zazzle.com/feathercoin_revolution-235861535449206681Meanwhile, I've been Goxed - cancelled a buy order and the USD has "disappeared"... ie not credited to my account....this was about 2 hours ago and logging in/out hasn't worked.
Anyone else experienced this?
254.
Post 4387403 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.53h):
$140 between stamp and gox... this is getting just ridiculous
Gox seems not to function properly at the moment, high lag and almost no trades coming through.
I've had about USD500 go missing from Gox after cancelling a buy order earlier today.
NOT HAPPY!
255.
Post 4398837 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.53h):
I've had about USD500 go missing from Gox after cancelling a buy order earlier today.
NOT HAPPY!
have you looked at the trade history?
I cancelled a buy once after it started buying, instead of just halting where it was - it sold back what I bought at market to unwind the entire order.
There's nothing in the trade history and the price never went near what the buy order was set at anyway. No open orders remain. The money has just disappeared. The account wasn't hacked, I cancelled the order pressed the cancel button and watched my funds evaporate.
No response from Gox and its 24 hours later.
Truly over these useless motherfuckers.
256.
Post 4399074 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.53h):
I've had about USD500 go missing from Gox after cancelling a buy order earlier today.
NOT HAPPY!
have you looked at the trade history?
I cancelled a buy once after it started buying, instead of just halting where it was - it sold back what I bought at market to unwind the entire order.
There's nothing in the trade history and the price never went near what the buy order was set at anyway. No open orders remain. The money has just disappeared. The account wasn't hacked, I cancelled the order pressed the cancel button and watched my funds evaporate.
No response from Gox and its 24 hours later.
Truly over these useless motherfuckers.
Spam your story all over Reddit. FUD will drop the price. Buy low and with any luck, recover your losses shortly thereafter.
You're soooooooo devious Wally.
(which is kinda why I like you
)
257.
Post 4403950 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_11.53h):
Got pulled over for speeding in the Lambo (30 MPH over). Did not get a ticket:)
Sometimes life is win!
Hey Goat,
I got an email from Zazzle pulling the Lambo tshirt.
I replied and said "this person just bought this car and they can't wear a tshirt with its image?"
No, apparently they got a complaint from Lamborghini about it.
Seems 200K doesn't buy you much
258.
Post 4810832 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.00h):
THE BITCH IS BACKHey y'all.
I've been taking a break from BTC/Crypto due to ongoing issues with Gox whihc my hubby has been tackling. He has been posting here asking for advice but keeps being met with stony silence (really, you can be a rude bunch at times).
I'm not going to go into the details with Gox since there seems to enough FUD to power a small African nation but we've just transferred a small amount out of the Goxbox no problems.
Question: anyone had success moving GBP out of Gox and will they, in theory, except transfers directly to other exchanges (or does it have to go to an account with your name)?
Hope you are all well, see Adam still choochooing away.
Love
nan
x
259.
Post 4811129 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.00h):
(Warning - Extreme bearish FUD)
Ahahahah just found this:
http://imgur.com/CPgpqt8It all fits together.
... is about to leave the building
Post on reddit that is claiming Mt. Gox let go of a bunch of staff today- especially on the support side. Timing seems interesting if true. Can anyone confirm this?
/db
I can confirm that i received regular updates on my open issue up until last thursday, I have not heard a word from support since then
Everything you are posting is contrary to our recent experiences:
BTC transaction took less than 30mins
Support has actually got better in the last week...after two weeks of endless, mindless emails we are actually being dealt with by someone who seems to have both a brain and some initiative.
Perhaps Mark has actually hired some competent people?
260.
Post 4811197 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.00h):
It´s really great that things work out well for you. But dozens of other people have problems, go and check the service discussion forum.
Or do you think i own 100 other accounts.
I think you should be a bit less paranoid and you should read my post more carefully...you think we've exchanged 20+ emails with support for fun. We've had enough issues with Gox to fill the forum believe me.
261.
Post 4811244 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.00h):
Can someone explain to me what's so special about that 920 number on Gox. No matter what it just has to go back to 920. Every single time. If we go up people will start selling till we are back at 920. Why?
SHROOMSY! How are you and your disturbing little dog?
Good to see you...still keep the bastards real?
262.
Post 4811262 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.00h):
It´s really great that things work out well for you. But dozens of other people have problems, go and check the service discussion forum.
Or do you think i own 100 other accounts.
I think you should be a bit less paranoid and you should read my post more carefully...you think we've exchanged 20+ emails with support for fun. We've had enough issues with Gox to fill the forum believe me.
I´m sorry if i should have overreacted, i´m a bit drunk
No worries. Just HODL and wait to sober up
263.
Post 4834700 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.01h):
wtf is this all about?
I dunno...China's shut for a start...everyone's waiting for a train/packed onto a train/getting off a train.
Someone needs to locate the "Bitcoin...do something" image
264.
Post 4834811 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.01h):
All hail btce your new market leader.
What's the deal? Huobi isn't reacting at all. If this was about the Chinese bank's halting cash transfers, they would be reacting too, I imagine. Maybe the party boys are coming after Bobby. I think their banking system is so upfucked that they might already be looking for scapegoats. yeah, that's my completely unfounded rumor. Remember, you heard it here first!
Seriously man...this is what China is like today and tomorrow...don't expect too much trading to go on
The queue for the train
265.
Post 4835690 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.01h):
People like you
Lol...good to see you Windy, not lost any of your charm I see
266.
Post 4838600 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.01h):
267.
Post 4838731 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.01h):
Just been catching up on the last few pages.
Some interesting posts...esp. the fact that a lot of the 'greyer' users here seem to be a lot more optimistic of bitcoins future. (and btw I'm greyer than most of them). I actually think the young uns view of crypto as 'play money' is quite healthy...[paraphrase the obvious quote from Kipling here].
With regard to gambling and porn, I'd like to point out that both of these 'vices' bring huge social problems and that both have been at the cutting edge of instigating new technologies on the interweb...indeed, the porn industry has been the vanguard for innovation from pay walls to trackers.
Anyway, time for bed here. have fun boys
268.
Post 4852103 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.01h):
Nice little 150 coin bid wall just hit on BTC-e.
(I'm just talking to myself, right?)
aren't we all
Glad I'm not the only one....
mutter mumble mutter
269.
Post 4852568 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.01h):
Watching the wall actions on gox. lol
Like a series of earthquakes.
It's just Mark playing with himself (or maybe his bots).
I doubt anyone other than him uses that site anymore.
Very likely.
What's your opinion on the outcome with gox? Do you think he is smart enough to sell the exchange to someone who would run it right? Is there someone who would take the job on?
Let's face it a bunch of blind, pissed monkeys could do a better job than the current regime.
270.
Post 4868685 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
wtf, i give up,
catcoins are specially designed for cat lovers, therefore all cat lovers will save catcoins for their cat related expenses. if you have cat related expenses, consider buying some catcoin. if you have dog related expenses buy dogecoin.
its that simple poeple!
Hhhhmmm....
So, avicoin for birdlovers and their birdseed expenses?
Why stop there?
Meatcoin for your BBQ expenses.
Bleachcoin for cleaning product expenses.
Femcoin for feminine hygiene product expenses.
Limpcoin for impotence product expenses.
Where will it end? What was it about the production line being influenced by specificity?
271.
Post 4869138 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
wtf, i give up,
catcoins are specially designed for cat lovers, therefore all cat lovers will save catcoins for their cat related expenses. if you have cat related expenses, consider buying some catcoin. if you have dog related expenses buy dogecoin.
its that simple poeple!
Hhhhmmm....
So, avicoin for birdlovers and their birdseed expenses?
Why stop there?
Meatcoin for your BBQ expenses.
Bleachcoin for cleaning product expenses.
Femcoin for feminine hygiene product expenses.
Limpcoin for impotence product expenses.
Where will it end? What was it about the production line being influenced by specificity?
Its the future...get used to it.
http://coinmarketcap.com/I think you need some festivistas-coin
272.
Post 4873830 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Nice little break out...interesting 12 hours ahead
273.
Post 4874298 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Rally is over. Time to panic sell again. Go you sheep!
Some sheep simpy hodl
274.
Post 4888316 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
What's up with gox? JPY withdrawal fixed?
Who knows, who cares. It's Gox :/
Goat....we think so alike it's scary
275.
Post 4888562 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
No argument for me..I am expecting up as I say... just noting that the $817 level I pointed out yesterday as being a potential resistance/pivot/support level has indeed done so for the past 12 hours baring minor dips out but not out of the channels... I am going to continue to track the pivots and levels I have posted and see how they continue to play out... as a bit o fun
LOL... u guessed 20 numbers between 725-991, added "-ish" to those numbers, called this a "channel" and now claim victory that the price hovered around one of your "-ish" guesses for 3 hours. On top of that you said "i expect it to go up but it could go sideways and here are some lower prices in case it falls."
Quick, sign me up for your newsletter, Nostradamus. Care to give us another $250 range guess in quatrain?
LOL...I think it was just an excuse to write some exceptionally long posts and use lots of TA buzz words. I for one am most impressed.
Empowering, you shouldn't waste your time here (we just shout out CCMF and other nonsense)...get yourself over to
https://bitcointalk.org/index.php?topic=400235.0;topicseenEveryone is much more serious there and Risto gives out cigars n port along with a lengthy critique of where you are going wrong
276.
Post 4894369 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
I checked it and it seems really helpful. I just learned for example that if you use a humidor, you should not stick your cigar into the same opening where you poured the water in.
(But what is a "humidor" in Quality Technical Analysis jargon? A Fibonacci fractal type of choo choo train?)
You'll have to ask Risto...it's his gig.
But you'll find he has an answer for most things.
277.
Post 4908055 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
I can't believe people now actually start dumping. Wtf? There is nothing but positive news. Day after day. And what do they do? They start selling.
While there are lots of positive stories with regard to adoption I'd suggest the amount of negative comment/op-ed pieces is actually burgeoning at present (its as if every commentator needs to write one). I'd posit that is having an effect on new investment entering the market as well as spooking smaller BTC holders.
If I was wearing my lovely shiny hat I'd think all these cassandra articles are being written/published by those wanting to find a lower entry point.
278.
Post 4910231 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Ok let's speculate. How low could we go on a Gox collapse?
Referencing Oda's earlier point about the SR bust...let's remember that before it happened the sage PoV was that it would massively impact the market. The reality, after it happened, was the price was back on track in under a week.
The market(s) may actually respond positively to la vie sans Gox.
279.
Post 4923991 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Wow, looks like we're having a FUD party.
SWIM checked out SR2....still there, so don't know what that bit of 'news' is about.
BTCe...volume looks normal, LTC down but LTC up,LTC down. I note:
http://www.reddit.com/r/BitcoinMarkets/comments/1wwwnv/btce_under_investigation_by_russia_for_money/And specifically: "admin: Jurisdiction BTC-e Cyprus*"
(*I think Cyprus should be renamed 'Bitcoin Island')So, what's up folks....is this narrow trading range giving us cabin fever
280.
Post 4926208 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Or anything involving Stamp would be really bad because they're basically the single point of failure of the entire commercial bitcoin ecosystem.
Ha. You're hilarious Tera. So what you are telling us is, if all exchanges go down then that's bearish and we might see $400.
Jess, I guess you are probably right about that. Lol.
Surely, Stamp are the single point of
success.
If all the exchanges go down you'd be looking at $4, but then if there were no exchanges...
silly
281.
Post 4930503 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Which naturally raises the following question: why are we following [China]?
Arbitrage trading seems to be a good explanation. If the price drops significantly at Huobi but not at Bitstamp, for example, someone promptly buys BTC at Huobi and sells them at Bitstamp, until the prices even out.
To play that game well, one needs quick reflexes (= robots) and substantial accounts of BTC and national currencies at both exchanges. It does not matter whether your profits end up in China or in Bulgaria, you can transfer them later with bitcoins or any other method.
Because of arbitrage trading, market prices are usually more or less the same in all markets, with due offsets because of trading fees or other exchange-specific factors (such as transportation, storage and customs costs in the case of material goods).
That's why that 130 USD premium at Mt.GOX is so worrying. Arbitrage traders are obviously not operating there. And who could be buying the overpriced coins that people are selling there?
PS. Arbitrage trading is considered good because it makes one large market out of the separate exchanges, so prices tend to be more stable and the spreads between buy and sell are usually lower.
Try getting fiat onto one of the Chinese exchanges- or indeed, getting it out.
One of those times when your 'academic' approach falls foul of reality.
282.
Post 4939272 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Try getting fiat onto one of the Chinese exchanges- or indeed, getting it out.
One of those times when your 'academic' approach falls foul of reality.
As I said, you need a substantial position at both exchanges (or you find an associate with accounts at the other exchange and agree to split the profits). It is not a game for small investors.
Suppose that the effective exchange rate is 5 CNY = 1 USD.
You buy 1 BTC for 900 USD at Bitstamp when its price is too low. You send the BTC to your associate, who sells it for 5000 CNY = 1000 USD. Now you have temporarily lost 900 USD and he has cashed in 5000 CNY = 1000 USD, so your society has made 100 USD net profit.
Later if conditions reverse he buys 1 BTC for 4500 CNY = 900 USD at Huobi, sends it to you. You sell at Bitstamp for 1000 USD. Counting both operations, you made a 100 USD profit, he made a 500 CNY profit, and you are settled.
What if things do not even out? Suppose you were only able to do arbitrages of the first type above, and at some point you have accumulated a 10000 USD loss while he got a 70000 CNY gain. Supose that at that moment the price is even, 1000 USD = 5000 CNY. Then he buys 12 BTC at 60000 CNY, sends them to you. You sell them at Bitstamp for 12000 USD. Now your net profit is 2000 USD, his is 10000 CNY = 2000 USD, and both are even.
In ny case, each side can easily withdraw his profits in his own currency, without any currency conversion or international money transfers.
Sorry, Jorge but while you're correct in your scenario its not really arbitrage: your scenario is based on making profit by the market moving appropriately, not by exploiting different exchange rates.
I may as well wait for the price to move on Bitstamp and buy and sell there.
Unless you have a contact in China with the appropriate bank accounts, it can't be done. And why would someone in China do it, a Westerner brings nothing to the table needed for the process.
As I said, your academic approach is all very well but you should actually try trading in this environment.
283.
Post 4952119 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.02h):
Wow...BTC volume flat, alts too and this thread...
...it's just Jorge theorising and postulating
284.
Post 4966701 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Well, I'm not going to be arrogant enough to say what is happening, nor stupid enough to speculate but something sure has happened: spread between Gox and Stamp now down to USD40.
Reality bites.
285.
Post 4967163 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Now. I don't want to add to the FUDstorm, but...As some of you may remember my better half and I have been having issues with Gox this last month. I won't bore you with details but the outcome, we have discovered, is that Gox users can create as many orders (buy or sell it appears) regardless of whether there are funds in your account to cover the order.
The orders won't execute but they do show up on the order book at places like Btcwisdom (if you don't have funds they show as 0.000) but if you are not looking closely you can fool people into thinking there are piles of orders. And you can place 'orders' above and below any genuine order you may have placed.
Now, this has stunned us and significantly knocked our faith in BTC trading, since having 'available' funds would seem to be a prerequisite for any functioning market.
If you can't stump the cash, you can't play the game....no?
According to Gox:
This behavior has been noted, and is scheduled to be fixed in a future version of MtGox.
and
this issue can be reproduced by other users, however the system cannot/will not complete the order if there are no funds with which to do so.
So, that's all right then
And it took us a month and 28 emails to get this out of them!!
TL:DR
Gox is truly, utterly Goxed...get out now!!
286.
Post 4967900 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Wow...did anyone bother to read my post?
Am I missing something or is it fine for an exchange to allow its users to place orders without funds to back them?
287.
Post 4968073 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Wow...did anyone bother to read my post?
Am I missing something or is it fine for an exchange to allow its users to place orders without funds to back them?
I read it, I just considered it expected behavior from Gox. It's certainly not fine, but Gox has been Goxxing for years now. Most of have been inoculated to their shenanigans.
We've had our problems before with them but this...it allows the whole order book to be falsified and their attitude is "yeah, we'll fix it some time".
And this is meant to be the super-duper, bells and cocks trading engine - it can't even provide users with an available balance.
288.
Post 4968165 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
looks like a massive manipulation attempt.
first: 1500 dump on bitstamp, at the same time bitcointalk went down
it didn't crash the price
next: hack of bitfinex, 2000 dump on stamp
someone desperatily wants the price to plummet down to slaughter sheeps in the resulting panic
HODL during this type of shit.
289.
Post 4970370 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Wow...did anyone bother to read my post?
Am I missing something or is it fine for an exchange to allow its users to place orders without funds to back them?
Gox has always allowed this but the unfunded orders should not appear on the public orderbook until they become funded, usually by a recent trade happening. This was a cause of the market lagging back in April because their software was checking whether orders were funded before executing. They optimized this.
Bitstamp recently introduced a nice variation, where a new order to sell is automatically created at a preset price after a purchase is executed (and vice-versa).
Hi,
Thanks for the response.
I didn't know that was the case with Gox: their communication with me described it as a fault so I assumed it was not the norm. The orders do show up in BTCWisdom...I posted a heap of orders on the GBP/BTC market this afternoon, just to see how far it would go.
My experience on other exchanges (BTCe/Stamp/BTCChina) is that no funds = no order can be placed. So, I'm not sure I understand your second par. since on Stamp, if I place an order my available balance is adjusted accordingly.
290.
Post 4970678 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Wow...did anyone bother to read my post?
Am I missing something or is it fine for an exchange to allow its users to place orders without funds to back them?
Gox has always allowed this but the unfunded orders should not appear on the public orderbook until they become funded, usually by a recent trade happening. This was a cause of the market lagging back in April because their software was checking whether orders were funded before executing. They optimized this.
Bitstamp recently introduced a nice variation, where a new order to sell is automatically created at a preset price after a purchase is executed (and vice-versa).
Hi,
Thanks for the response.
I didn't know that was the case with Gox: their communication with me described it as a fault so I assumed it was not the norm. The orders do show up in BTCWisdom...I posted a heap of orders on the GBP/BTC market this afternoon, just to see how far it would go.
My experience on other exchanges (BTCe/Stamp/BTCChina) is that no funds = no order can be placed. So, I'm not sure I understand your second par. since on Stamp, if I place an order my available balance is adjusted accordingly.
Interesting that Wisdom is showing unfunded orders. These shouldn't be published by the exchange. I wonder if that is yet another recent gox glitch, one that has the "benefit" of making their orderbook look fatter than it is.
My thoughts exactly.
Their correspondence suggested they view the whole situation as a fault that they will rectify "in the future".
In Bitstamp, limit orders with advanced setting allows a 2nd price for auto-selling after buying or vice-versa.
It's been a while since I've used Stamp (I'm migrating back over there...lesson learnt by exchange hopping) and I noticed this feature but couldn't find any explanation. So, essentially I can place a second 'hypothetical' order that is only realised if the first is executed. That's funky (although I'd prefer a simple stop/loss facility).
291.
Post 4972589 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Welcome to Whale Wars™, Episode 4.
- the Stability-For-Prosperity rebellion has been doing everything to keep the price around 800. This has been going of for a few weeks.
- the Cheap-For-Grabs alliance has now launched a universe-wide attack in an attempt to bring the price down. Huge dumps in conjunction with DOSing major charting apps and forums are aimed at blurring the rebellion's vision so they can't react and buy back before it's too late. The second goal is to hide the market movement from the small fish until the price goes down a lot (if it goes down), at which point the DOSing will stop so the fish see the huge drop in surprise and start panic selling.
It's doubtful whether the alliance's plans will have the intended effect, but the ride shall be a joyful one. This is history in the making guys.
Wow you should write movies.
Luckily a whale is trading my BTC
Sounds like you're one of Loaded clients.
292.
Post 4973704 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Wow...did anyone bother to read my post?
Am I missing something or is it fine for an exchange to allow its users to place orders without funds to back them?
I think many understand the exchanges are run by folks who do not know how to properly run exchanges and are therefore unsurprised. The surprise for me was they apparently admitted it to you.
well, it took a month, 28 emails and my husband's sanity....
293.
Post 4974245 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Done
294.
Post 4986839 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Moved the last of our coins off there yesterday...and guess what....the order hasn't hit the blockchain in nearly 24hours. Arrrghhhh
edit: Now I know where they're going eh?
295.
Post 4990749 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
stay on target
"It'll be like old times, Jojo. They'll never stop us."
296.
Post 4990782 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Holding and buying!!!
That's the spirit!!
297.
Post 4990845 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
TEH ART
OF HODL:
Can always count on Macsga for a HODL
298.
Post 4991451 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Had to grab a screen for posterity.
Who'd a thunk it a week ago.
299.
Post 4991536 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Had to grab a screen for posterity.
Who'd a thunk it a week ago.
It has happened in the near past (<4 months)
What? That BTCe has a higher price than MtSux....I don't think so.
300.
Post 4991615 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
Had to grab a screen for posterity.
Who'd a thunk it a week ago.
It has happened in the near past (<4 months)
What? That BTCe has a higher price than MtSux....I don't think so.
I do remember it. Let me see if I can find a chart...
Clipz or it didn't happen
301.
Post 4991665 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.03h):
So, where's the floor people?
Time for a new poll Adam
302.
Post 4992637 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
Had to grab a screen for posterity.
Who'd a thunk it a week ago.
Here are
some tabs bookmarks I have on Chrome on the left is
http://bitcointicker.co, the one on the right is LTC.
$9!!
I remember when LTC was 45c before the mad run to a whooping $4 last March.
Many inflation.
Much wow.
303.
Post 4993676 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
Gox is below bitstamp? How is that possible?
Are fiat withdrawals working again?
Bitcoin withdrawals stopped working.
Well, on the good news front my BTC withdrawal (that was lost in the ether) has at least been re-credited to my GOX account. So, they are at least keeping their word there - you can't escape. Even though its a volatile market I'm buggered if I'm giving them anymore fees - if they had any sense they'd make it zero fees for the weekend - let people have some fun.
Tried a withdrawal for a laugh...no notice that the service has stopped just an error message saying the amount is invalid.
304.
Post 4994058 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
Gox is below bitstamp? How is that possible?
Are fiat withdrawals working again?
Simple Gox-btc losing value v/s Gox-USD, as it cannot be withdrawn..
So when gox fixes btc withdrawals but not fiat withdrawals, does it rocket back up again?
They plan to be working on it all weekend and gave the impression it might take longer. Don't expect any BTC to be flowing out of Gox anytime soon.
That's a bit disingenuous, the statements says:
Our team will resolve this problem as soon as possible and will provide an update on Monday, February 10, 2014 (JST).
305.
Post 4994258 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
Having followed this situation unfold over the last ten hours or so it seems that while there has been a conflagration of 'bad news' - none of it singularly or in combination would be enough to 'crash' the market like this. There are too many contradictory elements:
for example, the Gox situation can be viewed as a catalyst but their volume has been low and the main selling has been on Stamp.
The Russian news is in effect nothing more than similar proclamations by central banks from other countries recently eg India, Iceland etc. BTCe is based as a registered business in Cyprus, so either way, it shouldn't impact the exchange.
Apples move isn't anything new...they've been banning BTC apps for years for various reasons.
So, I wonder if these circumstances have been used to time some significant market manipulation. At times like this I wonder where Loaded is.
306.
Post 4997073 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
pretty simples.
You're in the UK, yes?
307.
Post 4997533 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
pretty simples.
You're in the UK, yes?
I am indeed.. for now...
Planning on escaping eh?
308.
Post 4997849 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
+1 Best analysis I've seen all day
Can anyone explain what this chart shows / predicts to us plebs?
Bored with volatility, more CCMF needed.
(basically)
309.
Post 4997950 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
pretty simples.
You're in the UK, yes?
I am indeed.. for now...
Planning on escaping eh?
Hell yeah!! blow the bloody doors off : ) abandon ship!! abandon ship : ) ha ... there are some amazing things about the UK for sure, but really I would only like to spend say 3 or 4 months here a year... in the summer at that ... but apart from that I want out..
We left a LONG time ago but miss the Britain of yesteryear.
Don't know where you're heading but we're looking at South/Central America...hopefully BTC will fund a nice little hacienda in Uruguay or Costa Rica
310.
Post 5011294 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.04h):
Thanks for the reddit link Adam, that's an insane little piece.
Trust an Aussie to front up...kinda makes me proud (and its not often that happens)...but then embarrassing he doesn't speak French (we are very insular with languages).
I imagine MK is going to 'fix' the withdrawal issue otherwise he's going to be looking at criminal proceedings at worst/bankruptcy courts at best. But from the sounds of that 'on the ground' journalism all our worst fears about Gox are true and a watershed moment is coming.
311.
Post 5048417 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.05h):
Do we have a word for the opposite of FUD? Im more inclined to believe the second post in that threat.
Antonym for FUD = GAC (gallantry, assurance and conviction)
and I agree:
Unless, Gox fixes the BTC withdrawal AND fixes fiat withdrawals AND introduces say zero fees, then I can't see a scenario where we are not going to start testing Risto's $450 capitulation mark in the next 14/21 days.
I think Hyphymikey has you on ignore!
312.
Post 5048459 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.05h):
1:46PM in Tokyo Japan Mtgox headquarters.
Marks finds enough change for one last mega-choc-frappacino
Thanks Adam, we can riff on this all afternoon.
313.
Post 5096475 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.07h):
Think we are going to be testing the December lows at some point soon
314.
Post 5211986 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.12h):
Anyone fancy a go at a MtGox/Karpeles haiku?
imprisoned by gox
the coins of binary birth
hold your breath "two weeks"
Very good.
And for what its worth, Walsoraj STILL owes me a poem from a bet he lost with me.
Perhaps he should be Welch-o-lot.
315.
Post 6069824 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
Hey Adam and boys,
whats happening in BTCland?
Saw Gox bit the bullet but didn't expect to see this much carnage.
Someone give me a quick update.
Nan,
x
316.
Post 6070069 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
Hey Adam and boys,
whats happening in BTCland?
Saw Gox bit the bullet but didn't expect to see this much carnage.
Someone give me a quick update.
China has been banning Bitcoin for the last four months. Current deadline is 15th April.
Also, every long-term technical indicator is going down: daily 200 sma, weekly 21 ema...
Fundamental indicators? number of transactions has turned south for the first time since December.
The only things holding us are the $400 double (december and february) bottom, that there is not much selling from BIT, and the fact that volume is high though inconspicuous due to exchange market fragmentation.
And eBay now has a category for "virtual currency".
Thanks Pruden, you're a gem.
Doing a quick look at the charts and the 1 week looks scary...in fact they all look scary.
I guess without Gox its a bit more difficult to judge volume although at first glance it looks pretty thin on Stamp.
Double bottom huh....I bet you boys have been having fun with that at least...any excuse for a bit of soft-porn around here.
Ebay has a virtual currency category...WOW...gonna have to check that out...let me guess you can buy ASICs for $$ and as may DOGEcoins as you can fit in your pockets...stunned thats still around.
So many noobs around here though...I guess they are keeping the market a float...I notice alot of very confident predictions the last dozen pages back...those breakouts still working for you boys.
But i notice BobbySue has become a bear...that's hilarious.
317.
Post 6070108 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
Hey Adam and boys,
whats happening in BTCland?
Saw Gox bit the bullet but didn't expect to see this much carnage.
Someone give me a quick update.
China has been banning Bitcoin for the last four months. Current deadline is 15th April.
Also, every long-term technical indicator is going down: daily 200 sma, weekly 21 ema...
Fundamental indicators? number of transactions has turned south for the first time since December.
The only things holding us are the $400 double (december and february) bottom, that there is not much selling from BIT, and the fact that volume is high though inconspicuous due to exchange market fragmentation.
And eBay now has a category for "virtual currency".
Best daily updates:
http://www.moneyandtech.com/Every day.
Start there, then ask about specifics.
Yes Sir!
Btw...are you really John Gresham's lawyer?
318.
Post 6070362 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
Ahhhh.....
....if you listen closely you can hear the sound of a penny dropping
319.
Post 6078000 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
If I had to guess, then I would guess that you bought from the top and that is the reason why you are so nervous at the moment..
Im holding from $100 average. never bought above 600. Im really not nervous at all. but perhaps a little irritable.....
tell us more.
Name: chessnut
Posts: 1113
Activity: 98
Position: Member
Date Registered:
January 14, 2014, 05:28:31 AM
Whoa..that's more than 14 posts a day....that explains why a lot of pages are just him and @JJG swapping predictions that don't happen. Shroomskit used to keep these types in order but he seems quite sad from what I can tell...his obsession with sheep seems to have become quite an issue.
@Aminorex - so the casual sexism still prevails - I don't think BobbySue could handle a period really, he seems to squeal pretty easy.
320.
Post 6078039 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
Dudes, no offence and all.. but...
could you just for one day.. maybe confess just to yourself.. that drawing these little lines on these littles graphs is just a method to justify your gambling problems?
I dont think you understand our objectives.
any old pumpkin head can see bitcoin is a good risk investment. but if you want to pay double the fair price...... go ahead! TA is risk management no more.
DONT come to a speculation forum and make fun of the TA.
nah, dude, bitcoin is currently an high rish, low reward investment
alts are interesting though
I'm not making fun of you guys.. just try to relax.. you are so serious about subjects that shouldn't be taken serious at all
Yes, pumpkin... some of us have already figured out NOT to take you seriously.. b/c you are posting mostly crap.. so far.. whether that makes us want to join in on your making fun of us, I doubt it.
Few people like to laugh when they are being poked at.
That's the other thing I'm really noticing catching up....everyone's a lot less thick skinned.
The result of a bear market?
321.
Post 6078068 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
Rooskies are buying their asses off on BTCe
EDIT: Now the Chinese are piling on too. Keep going, you wonderful Asian Suckers. Daddy needs a new pair of shoes.
400 coins in half an hour is 'buying their asses off'?
things have changed.
but bobbysue, I can send you some shoes if needs be
322.
Post 6078497 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
So, I'm noticing a pattern here.
Blip of volume = great excitement, talk of trains, rockets and 'da moon'
BTC rises $10 to $20
Everyone here proclaims "this is it" and "confirmed"
BTC sinks back $10 to $20
Everyone here conveniently forgets what has happened and blames Chinese/Russians/IRS/bears/aliens/JorgeStolfi until next blip.
This sounds as much fun as watching rugby.
323.
Post 6078652 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
So, I'm noticing a pattern here.
Blip of volume = great excitement, talk of trains, rockets and 'da moon'
BTC rises $10 to $20
Everyone here proclaims "this is it" and "confirmed"
BTC sinks back $10 to $20
Everyone here conveniently forgets what has happened and blames Chinese/Russians/IRS/bears/aliens/JorgeStolfi until next blip.
This sounds as much fun as watching rugby.
I hear you. we are joking around. but there is some genuine excitement among the seasoned traders at the moment. this is one of the best signals in months.
I don't think 'seasoned traders' make a claim about the market reversing every couple of hours....please don't patronise me.
324.
Post 6078662 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
finding it exceedingly difficult not to post random gifs of trains and rockets.
Ohhh Adam...you are as wonderfully endearing as ever.
How are things (been locked up lately
) ....I hope you are lavishing your wife with lots of gifts from your BTC riches
325.
Post 6079243 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
I don't think 'seasoned traders' make a claim about the market reversing every couple of hours....please don't patronise me.
Well I dont claim a reversal every few hours. but reversals happen over days.... we can joke all day long.
I am a seasoned trader and I don't need confirmation
I've just seen your profile, if you really are only a 21 year old Kiwi then trust me - you are not a seasoned trader, nor an expert in anything, especially not human psychology as you claim. I mention Kiwi because, while I love Auckland but prefer Wellington, your country is somewhat isolated and your values and attitudes somewhat different from those in say NY or London.
But your age would explain your urge for validation here.
326.
Post 6080283 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.33h):
I don't think 'seasoned traders' make a claim about the market reversing every couple of hours....please don't patronise me.
Well I dont claim a reversal every few hours. but reversals happen over days.... we can joke all day long.
I am a seasoned trader and I don't need confirmation
I've just seen your profile, if you really are only a 21 year old Kiwi then trust me - you are not a seasoned trader, nor an expert in anything, especially not human psychology as you claim. I mention Kiwi because, while I love Auckland but prefer Wellington, your country is somewhat isolated and your values and attitudes somewhat different from those in say NY or London.
But your age would explain your urge for validation here.
Get over yourself. Ive spent five years at university and 4 years trading markets. Im pretty darn successful too. I am a seasoned trader. Like I said, I dont need your judgement.
A kiwi split the atom.
it is a strength to separate yourself from the crowd. the fact that I have different values and attitudes than in say NY or London is a strength. And why are you so Eurocentric? the chinese are kings of the world if there are any.
The more I read what you have written there the more BS I see. I never said I was an expert in Human psychology. Of coarse I'm here to try validate things, this is a frieakin speculation forum. you have no idea if I am not an expert at anything. I have a masters degree. Ill have you know that Auckland where I live is a metting ground for cultures all around the world. I have seen and met more than poms and yankees.
So, you are not 21 as you state.
I apologize re. the psychology...its just you say everything with such certainty I assumed you are expert in everything.
The only thing I'm sure of "you sir, are no Ernest Rutherford".
But if you want to argue with a researcher:
13th Feb
I cashed out at 750.... gonna buy at 380, I think 300 is right on the mark but dont count on it!!
1st March
we will likely be around 500-700 for a long time.
3rd March
this is a critical point..... Im warming up to the prospect of 'to da moon!'
7th MArch
bought at 100, sold at 750, bought at 500, sold at 650, price now = 620......
16th March
I bought at $120, purely speculative, held, and sold at 750 after the AHT, bought at 450 - 500, and I am day trading the volatility now. soon I will return to hibernation as a long term trader and wait for the moon.
18th MArch
I think it will go to 580 if not 560 according to EW analysis. but best not be too greedy, 594 is a good price fo sho. Grin
28th March
Consider 465 a very significant bottom.
29th March
everyone take one last look at my witch craft before I throw some dice and the market goes as I please.
and still hodling long from 475
predicts market will rise to 3400CNY using EW - market stays flat then falls
2nd April
Huobi is showing a lot of strength. I expect 540 in 12 hours.
and
I have evidence that large investors are buying;
-Risto is buying (LOLing hard at this one)
3rd April
this could easily be the beginning of a $100 move. The Chinese customers will be going to bed. no more panic selling for the next 10 hours.
later…
China has awoken! today is the day of the BULL!
4th April
Ive been able to scrape together profit from calling 465, 435 and 425 bottoms.
later
ok bitcoin, now's your chance. go go go! fly!
Today
OMG I owe you one for this link!
cheers! (seasoned trader only today finds hypron.net LOL)
Im holding from $100 average.
Ive been following it since $2 and Ive been speculating since $80.
I appreciate modifying and changing your opinion is not a bad thing but you do seem to have an almost psychotic urge to post every thought that crosses your mind. The list of quotes above is neither comprehensive nor complete, just a random sample but you do contradict yourself quite often. I'm not trying to embarrass you but do this in the hope others are not taken in by your apparent 'competency'.
I'll be taking your posts with a large grain of 'seasoning'.
327.
Post 6141570 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.34h):
I would observe that the 1W EMA is always down crossing,
Reduced to calling people liars Aminorex, shame.
Desperate.
Very desperate.
328.
Post 6152479 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.35h):
k fuck it
5
Time for a new countdown?
Countdown to pizza parity
329.
Post 6152580 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.35h):
Wall is going DOWN.
300's here we come.
Bears rejoice, our time has come !
Really? What are you people gonna do? Buy tons of Bitcoins at 380 or sit on the forum crying all day how we will go down because you want cheap coins at 280?
I think i know.
I pretty much havent changed my position for quite a while. Until we see maximum pain, i think it'll continue to tumble.
This market is hell-bent on shaking out the bagholders and lottery-ticket types. 275-350 would do the trick, imo. Then, i'll turn bullish when i see some major volume buying.
Huh? You just said your time has come but now you suddenly don't want to buy because there are cheap coins at 275.
Who would've guessed. Oh wait, i did, 10 minutes ago.
Um, you're lost or high.
Say hello to the other idiots on my ignore list. Buh bye.
A long and ignominious list.
The Shrooms-bot is active LOL
330.
Post 6158625 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.35h):
I can ignore the loudmouth newbies, but where are the technical analysts?
You want some analysis? Okay.
These are chickens:
These are bears:
The bears are China and people who want to buy BTC with their savings.. so called pennies. They worked real hard to earn these.
Now they scream and yell and rawrrr that by June as the downtrend line reveals, BTC will be at lower than $200. This continues till it's
-$4500.
^^^^^Thats not a joke.. really it's true. We will have Bitcoins with a big ass MINUS infront of them.
So, that aside. The chickens, so called BTC hodlers.. so called pro traders... so called smart people. Are hearing this news from those bears and change into this:
Now... the shit hits the fan. These headless chickens are panic selling. Want to know what a panic seller looks like? Here is an example:
So that basicly sums it all up for now.
In the meantime, the pro hodlers and people who believe in the technology called Bitcoin, are sitting back relaxing. ...
Wow, quality analysis.
331.
Post 6158769 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.35h):
After BTC will hit 9$ it will never rise again., and became history.
Butbut, how quickly do I have to buy before the last node of the network is closed?
ADD: Sorry, I was panicking. I forgot that I realized already more than a year ago that I alone can keep Bitcoin up + its price at something between $0.1-$1. Multiply by 100 similarly devoted people and do the math ...on your 'quality' thread you just lectured folks on not trading on 'hope', now you are talking about devotion. Even for you Risto, that's quite a semantic leap.
Anyway, what are you doing here...I thought you weren't going to post here until we were back over the ATH.
Popped into rally the troops
332.
Post 6158868 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.35h):
I can ignore the loudmouth newbies, but where are the technical analysts?
You want some analysis? Okay.
These are chickens:
These are bears:
The bears are China and people who want to buy BTC with their savings.. so called pennies. They worked real hard to earn these.
Now they scream and yell and rawrrr that by June as the downtrend line reveals, BTC will be at lower than $200. This continues till it's
-$4500.
^^^^^Thats not a joke.. really it's true. We will have Bitcoins with a big ass MINUS infront of them.
So, that aside. The chickens, so called BTC hodlers.. so called pro traders... so called smart people. Are hearing this news from those bears and change into this:
Now... the shit hits the fan. These headless chickens are panic selling. Want to know what a panic seller looks like? Here is an example:
So that basicly sums it all up for now.
In the meantime, the pro hodlers and people who believe in the technology called Bitcoin, are sitting back relaxing. ...
Wow, quality analysis.
Thank you kindly! sir.
It's madam and I was being sarcastic.
But thanks for reminding me why I had you on ignore.
333.
Post 6159947 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.35h):
What are you smoking?
NO! Please, don't ask Risto that!!
He'll give us a lecture on today's cigar.
334.
Post 6166428 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
It seems that it takes a little longer to "dump" than to "pump". Any thoughts? Is the price going to go back up faster than it went down or am I just being my typical optimistic bullish self?
Hey hon,
Just returned back to check out what's happening...red everywhere.
How you bearing up (pun intended)
335.
Post 6166812 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
...patronizing statements ...
pots and kettles
336.
Post 6166829 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
at least for a few minutes, that guy who dumped at $340's got to be feeling pretty stupid.
Few minutes? If he does not buy back ASAP he could feel stupid for a lifetime!
That is assuming that these guys are dumping to make money in the short-term. Some of these dumps are probably NOT directly profitable... and those costs of unprofitable dumps may likely be built in.. to get bigger rewards in other ways and on other days.
@BitChick, agreed.
I have no idea what JJG is talking about but if we could power BTC on hot air we'd be laughing
337.
Post 6167985 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
I have picked out every minor bottom, and every potential major bottom since 465. long from 355.
Chessnut 12 hours ago: "400 is in striking range, easy."
Price slides down to 340
338.
Post 6168268 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
you talking out your arse again chessnut....it was only last week you were trying to convince everyone that you knew we were on our way to $500 after going long at $450....every opinion you have expressed has been wrong.
It's quite sad that the lad feels he needs to constantly prove himself here.
But if you can convince yourself that every time you change your mind is simply being 'agile' then you can never actually be 'wrong'.
Looks like we are going down again so I expect a revised "Chessnut Report" any second
339.
Post 6168328 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
I said the worst is over - of the bear market. and so it is.
Er...last Saturday we went up $10 and you were telling ME "this is a significant move" and an indication that the market had reversed. Hhhhmmm..that worked out.
Make as many predictions as you like but stop with the constant triumphalism, you get it wrong as much as the rest of us...if you are such a great trader you wouldn't be here most of your free time telling us how great you are.
340.
Post 6168350 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
my trade is over BTW. I nailed it. the market may turn wither it wants. but it is only your misjudgement of what I have said that will feed your argument. (what was it again? oh im not a seasoned trader....)
You're a very immature young boy who needs to grow up.
341.
Post 6168426 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
nanobrain killin it up in here
I'm sorry but as one of the few female contributors here all this endless dick measuring by boys whose brains are still growing really irks me. I come here to learn but the hubris that some display is overwhelming.
342.
Post 6168458 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
@Chessnut
Please remove the falsely attributed quote.
343.
Post 6168561 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
@Chessnut
Please remove the falsely attributed quote.
First do me a favour and ignore me, then Ill take it down.
In fact, we could both take down the whole freaking argument and do this thread a favour.
No.
I am entitled to call your constant and often misleading posts.
The fact that you respond aggressively and in this manner also reveals your true character.
Reported for both deliberately falsifying another user's posts and for coercion.
344.
Post 6168854 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
10 days ago you were expressing a strong opinion that we were going upto $500....you were posting all your fictitious charts trying to justify your claims....when others suggested you should go short instead as it was obvious we were heading for $400 you lambasted them..i told you we were on a clear downtrend and you expressed your opinion it would be a great time to buy as it was a "classic bottom" - and now you are arrogant enough to still try and claim your accuracy...what planet are you living on?
nothing was obvious, and nothing was strong, and I never said it was. a 'classic' bottom was the context of that bottom, which it was. the sentiment and news that surrounded it. if you didnt notice, we spent weeks in consolidation after that bottom. when/if I call the bottom, note how I will call it
the Bottom. but for crying out loud, you are reading a day traders thread!
I imagine you have wriggled out of some fights in your time with your endless contradictions.
This isn't a day traders thread...its the wall observation thread...big difference.
We used to discuss medium to long term as well as daily movements...if you want to talk about the next 15 minutes, why don't you and your endless, meaningless, inaccurate charts fuck off and start a new thread where you and the other ADD sufferers can circle jerk each other.
Thanks for the support Bangersdad and Creekbore -- I'm glad I'm not the only person this guy is annoying.
345.
Post 6168912 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
He's not annoying to me, but he does seem kinda full if it, considering he was calling bottom like $100-$150 ago.
It's annoying when you ask him to tone the arrogance down and he misrepresents you and then attempts to coerce you.
346.
Post 6168961 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.36h):
nanobrain killin it up in here
I'm sorry but as one of the few female contributors here all this endless dick measuring by boys whose brains are still growing really irks me. I come here to learn but the hubris that some display is overwhelming.
Classic...thanks...kickin' myself
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Post 6207295 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.37h):
I do recall that one of the posts you put in some words of attribution for someone... and probably in that case, it would have been good to note it (or maybe say it in small type ... ).. whatever, it was kind of a joke or a way to dig in at someone in a strategic way... ..
oh yeah, that one... was more of a joke but turns out she was very annoyed at having her character defiled on a public site.... funny that.
Gosh...I'm reminded of an Oscar Wilde quote.
Just to clarify.
Chessnut was compelled to delete a post in which he had falsely created a post by myself; he then tried to use that forged post to coerce me, thus revealing his true character. Here is a young boy who desperately needs the attention and validation of an internet forum: when he is caught out by his own words he resorts to personal attacks and then to manipulating posts in the last resort to 'win' an argument.
I have no 'reputation' or 'character' to be 'defiled' (I wonder if Chessnut means the real meaning of the word, probably not), these are constructs he places a value upon: yet he seeks to belittle new users here at every opportunity often under the guise of 'help'.
He is a bully and while the males ignore the yelping puppy, he is irate to distraction that a woman twice his age and more berates his behaviour.
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Post 6231499 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
And you dont get that feeling when reading Shroomskit replies?
Usually I get this image. It helps if you do the voice in your head.
Do you think Shroomsy has the brain the size of a planet?
It's not easy when you have the brain the size of a planet..... <Marvin voice
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Post 6243916 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
I made so many bad decisions today it's not even funny. I can't fucking believe that I managed to lose some money on this drop to 340 and rise up instead of making a killing.
I'm in the same club. I took my principal away long time ago, but still! Almost half of my gains in coins since December have been wiped.
I don't think they were bad trades. Somebody with an enormous amount of fiat and coins made trades designed to crush small traders. There are forces at work I don't understand and I'm not back in the market until I understand them.
It's not bad TA. My TA always sucked. I read a story about Doyle Brunsun folding a full house Aces over jacks because some betting was going on in the game he didn't understand. It turned out he made the right choice.
There seems to be massive insider trading. Not skimming. It seems like someone is trying to take it all, to corner the market. A market traded as thinly as Bitcoin (relative to market cap) is vulnerable.
Wow. I'm not sure if your account has been hijacked.
Your recent posts have been humble, patient and intelligent; you may have lost some 'money' (don't worry, there will always come some more) but BTC trading seems to have invested you with rewards far more valuable than mere trinkets.
If there was a recommend button, I'd be clicking it
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Post 6244570 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
I'm a dude. I can't afford to make decisions based on feelings. I have to make decisions based on reason.
No, that's just the sexual politics you've been brought up with.
If you were a dude hunting sabre-tooth tiger and you felt the feelings you are having now you would act on them and avoid being eaten by some large nasty creature. That's how we managed to survive and evolve.
Emotional intelligence has nothing to do with being a man or a woman. Listen and acknowledge what your instinct is telling you and add it to the mix when decision making: if it helps, this is the sort of advice survivalists, criminologists, even the military etc provide for situations when 'data' is insufficient.
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Post 6245960 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
I'm a dude. I can't afford to make decisions based on feelings. I have to make decisions based on reason.
No, that's just the sexual politics you've been brought up with.
If you were a dude hunting sabre-tooth tiger and you felt the feelings you are having now you would act on them and avoid being eaten by some large nasty creature. That's how we managed to survive and evolve.
Emotional intelligence has nothing to do with being a man or a woman. Listen and acknowledge what your instinct is telling you and add it to the mix when decision making: if it helps, this is the sort of advice survivalists, criminologists, even the military etc provide for situations when 'data' is insufficient.
We have evolved all sorts of instincts that were helpful in more primitive environments but harmful now. For example we are hungry too often and tend to over eat. I think you have sexual politics backwards. We are expected to suppress natural masculine behavior more and more in modern society. You subtly imply that I'm sexist for even saying their are masculine traits such as the tendency to act less on emotion that women do. Men and women have brains that are wired differently. The two hemispheres in males are less interconnected than with females. It's one reason why there are no women chess champions.
You are sexist...we've been over that before
But what I'm saying here has nothing to do with the sexes either political or anatomical. I'm talking about modes of thinking, and the fact you want to base your decision making on simply 'data available'; but there are other types of 'intelligence' to draw on including your instincts.
I agree about hunger but I don't agree about suppressing male instincts. I read this over and over here about basing decisions on 'platonic logic' and how only men can do this (supposedly) but you have other modes of intelligence to draw upon when making decisions/assessing risks. I was urging you to embrace those instincts rather than doubt them; there's nothing 'wussy' or gay about it, they may give you the edge.
And as it was. You were right, you couldn't put your finger on it but you were.
PS perhaps read Blink by Malcolm Gladwell, he labours the point somewhat but the point is valid (sometimes you just
know)
peace etc
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Post 6246492 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
I entered at 140, never bought back in 2011. wasn't really good with money back then and it wasn't easy to buy coins then.
Those gains were when we were around 650. I doubt I'd collect more than 200 times gains now even if I'd sold all alts I have at highest price and that's impossible with such bad liquidity.
Buying coins in 2011 was indeed hard.
In 2011 there was gox for defining the price, and a wire transfer to Japan would take months (no joke). Building your own GPU mining rig was actually considered the #1 easiest way to get BTC.
I ended up driving to the other side of the country (this was in 2012) to trade face to face with a community member who had the patience of sending euro's to Japan.
The growth in the economic foundations (not talking about $ here) we have seen with cryptocurrencies is just insane. How many new exchanges do we have today? How more professional are they? How many new bitcoin businesses? There is so much time and value invested in the usage of this distributed ledger i have a hard time believing this could be anywhere below the current BTC market cap.
A new economy is being built from the ground up because of new technology, and it's being built extremely quick.
That's a great point. I checked out BTC back then but it was so difficult/convoluted to buy it didn't seem worth the hassle. You had to be fully committed, so those who made that commitment were rewarded.
Those who couldn't be bothered (like me) will live with that regret on the ledger.
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Post 6247639 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
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.
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Post 6248201 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
Reminder to self: today I feel exactly like I felt that day.
96.89 at the moment of this writing.
Whoever ass-manipulator is behind this, please keep going on with your bull trap setup. I can't care less. Most of my BTCs are in cold storage by now and definitely not for sale any time soon. Feel free to crash the market as many times as you wish. All you can have is a bit of my play money. Yes I bought BTC lower this morning and sold higher right now. 3 grand Euros in 7 hours. Feels good. They'll pay for a hell of a birthday party. Thanks for those.
Boy how green I was at the time, and how green I still am.
Hope it was a hell of a party though
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Post 6258946 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.38h):
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.
I agree. But the general infrastructure is robust: excessive measures by any single exchange hurt that exchange more than anything, and therefore the competition keeps them at check.
My "permabullness" has lasted for exactly 50 days now. Before that I was a bear for 97 days, almost twice as long!
Risto - my understanding (from comments read here) is that BTC infrastructure is far from robust and BTC itself is still basically in beta.
As for bullishness/bearishness -- really, its a pretty dull and misleading set of terms anyway.
Even when you were 'bear' your long term outlook was 'bull' (as it were
)....my point was more that you and Aminorex in particular have a vision of BTC that is on the extreme scale of adoption scenarios.
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Post 6291882 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.39h):
I have been expecting this.
...as you always say, even when you weren't.
+1!
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Post 6296328 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.39h):
The benefit to consumers is that your funds are safe from confiscation by inflation or outright takings.
BTW, DPR got his coins confiscated and people get coins outright taken all the time so maybe re-evaluate your rhetoric.
if you leave your keys in the car it is vulnerable to theft. Bitcoin is easier to secure than any other exchange medium in the world.
Having read many of your other posts I understand you do not admit when you're wrong so I will leave you whatever last words on this you'd like, however you've now changed the topic, stated your opinion as fact, and not bothered to address any of your earlier mistakes. So it wouldn't really be worth the effort to continue correcting you.
Troll.
Wow, what a come back.
Keyser is no troll, as you well know...what happened to you Aminorex?
I remember when your sig was "thank you for making me feel welcome" and would treat everyone with respect; now you lurch around picking fights and bashing posters with cod Latin.
Bitcoin -- the force for good?
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Post 6384373 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.40h):
Chessnut is in denial.
I told you Chessnut. I told you.
says the guy who bought at 475 then sold at 500. lol im not in denial Im short from 485.
you didn't tell me that Alipay would ban it, and that cash deposits would stop. you just chanted there was not enough fresh fiat or some rubbish like that.
Classic butthurt bull.
You bought at 486 and made no profit. I sold at 475 bought at 480. Sold at 492 and am banking.
Where is your EW "science" now? God, no wonder so many people have you on ignore.
Chessnut is ALWAYS right...haven't you realised that by now.
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Post 6388011 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.40h):
Its almost like the China gov made a bad trade based on the 12h MacD, the price started to go up - "Oh fuck, we dont want to buy back, RELEASE the news"
That's the likelihood. They are filling their boots.
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Post 6421123 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.40h):
Some people like to mistake propositions for guarantees. It means they have someone to blame when they lose, but still they have an excuse to chase a free lunch.
why should speculators on a speculation forum have to begin and end every sentence with 'probably imo'?
Because most posters don't change their PoV every fifteen minutes or claim to constantly be 'right'.
Most posters slowly earn people's respect and some latitude, newbs who fish bomb the forum with their vicarious opinions are quickly seen for what they are - loud-mouthed attention seekers.
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Post 6452200 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.41h):
how do you guys pronounce Huobi ?
"OH boy"
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Post 6467108 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.41h):
when was this? this is the best news Ive seen for months!
macdonalds has the publicity to make bitcoin a common word, and as a bunch of crooked corporates they have vision to monopolise, increasing the value heaps. imagine if macdonalds would offer discount for paying with bitcoin
everyone would try it out for fun!
Yes!!! I wonder whether such bitcoin payment promotion goes beyond one franchise's offerings and promotions?
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Post 6483567 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.41h):
*sigh
This is all very tedious isn't it.
This is the combo of indicators I normally use:
http://bitcoincharts.com/charts/bitstampUSD#rg90ztgSzm1g10zm2g25zxzi1gMACDzi2gRSIzi3gStochRSIzi4gADXzvzpsAll this [EDIT: and the bid/ask ratio of 1:1.66] is telling me is, sideways or down.
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Post 6484211 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.41h):
@BitChick...what's Risto's SSS plan?
It feels like we've been under 500 for an age but its only seven days...
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Post 6484430 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.41h):
Oh, that...yeah. Thanks.
I did see it before but for me its little more than an insurance sales pitch.
"You cannot lose more than you put in" ...I mean, really?
I'm kind of 'aRisto'...he puts so much of himself into his posts I think it would be unfair to judge him as many do here.
But the BTCspace does mean I have become far more cynical of those who claim to be altruists
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Post 6487531 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.42h):
I witnesseth... this bet...
Confirmed.
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Post 6494861 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.42h):
As long as BTC is concentrated in the hands of people who have a negative fiat cash flow outside of BTC appreciation, selling pressure will continue.
But it isn't. Almost no one holding BTC is unable to accumulate more.
How do you know that? I for one am flat broke at present
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Post 6494933 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.42h):
"Exchange spruiks new market shock"
369.
Post 6495196 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.42h):
Like Adam said, perhaps we are seeing resistance becoming support, having broken through the downtrend a few days back.
Suggests we have some green shoots of recovery?
Bid/Sum ratio getting better too
https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days
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Post 6495296 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.42h):
That depends on your definition of 'crash' but yes, I imagine we will slink back down to 450 at some point.
371.
Post 6808009 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.45h):
As for scientific principles I was introduced to a new one today in physics where a phenomenon is not understood it is most likely the simplest explanation that is the most viable
er....sounds like Occam's Razor....at 800 years old hardly new.
372.
Post 6808889 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.45h):
As for scientific principles I was introduced to a new one today in physics where a phenomenon is not understood it is most likely the simplest explanation that is the most viable
er....sounds like Occam's Razor....at 800 years old hardly new.
Leading to the intended porous behind Bitcoin the universe and everything.
I'm not sure I follow this sentence, it seems to be missing a subject; is 'porous' now a noun or are we talking about Bitcoin's derriere.
373.
Post 6825430 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.45h):
Speaking of privacy enhanced coins, did you join the Monero train the other week, I'm sure it was you who mentioned it and I had a look. Bought a few thousand at 0.0003 and just sold a chunk at the top of a pump to 0.005 on Polinex moments ago.
Insane growth. Made up for the last 6 months of BTC prices and lack of volatility.
Yes, I am enjoying that. Keep in mind the MRO market cap is still less than 3000 BTC. It should surpass DRK fairly quickly, since it is so clearly superior.
Just a pity it sounds like a family car made by Ford...
374.
Post 6826179 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.45h):
Just a pity it sounds like a family car made by Ford...
It's the Esperanto word for "coin".
EDIT: you'll have to make do with the link /sigh
http://i193.photobucket.com/albums/z232/Merkurian/LeiaFacepalm.gif
375.
Post 6829829 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.45h):
There is a difference between using "facts U dislike" for FUD and hodl for hold. HODL is innocent and a non-substantive form of fun.
[snip]
So many words. So little information.
LOL...that should be JJG's signature.
376.
Post 6845456 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.45h):
I saw nothing different between the way politicians, bankers, brokers, investors and traders conducted themselves compared to fontas except one thing
fontas gave the average person an opportunity to
participate in these dealings lose their money
FTFY
Your logic seems to be its great that both crypto and forex are open to shady manipulators. So much for the great ideals of libertarianism
377.
Post 6869206 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
I see cryptocoincharts is still 'broken'....or at least the bitstamp api is.
https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/todayDoes anyone have a reliable source for the current bid/ask sum/ratio on Stamp?
Thanks
378.
Post 6869333 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
I note there's been some healthy (ish/er) volume the last couple of hours; didn't someone suggest some time back that Thursday is SecondMarket's usual day for buying coins?
379.
Post 6870577 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
@Marbit -- it was my understanding that RSI and Stochi RSI indicators are relative to what has previously occurred (their time frame for want of a better phrase), so I think what Windjc is saying is that a sudden rise within the 'environment' of a subdued bear market is always going to say 'oversold' to begin with. Eventually, that indicator will recalibrate to reflect the circumstances of the improving market.
Surely, regardless of TA, a steady, sustained rise over a longer period is more preferable to sudden and unsupported spurts, which is the point here...isn't it? The bubble in Q1 2013 was actually more protracted than the Q4 rise, so I'd hope we can see something more solid and less 'flash-in-the-pan' this time (fingers crossed
).
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Post 6885849 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
Where is TERA amid this froth?
381.
Post 6889277 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
Where is TERA amid this froth?
Yup. Good question.
She's gone quiet from the moment we went up.
Considering she lives in a fantasy world she probably just couldn't believe we went up and refused to buy back in as her buy orders at 280 weren't filled and now she finally woke up realizing she has a big problem.
It's quite hilarious how she has dissapeared since.
Don't worry. She is just calibrating her graphs.
I was genuinely wondering what TERA thought of the current situation, rather than prompting the gloat-fest that seems to have transpired: remember early March, we had lots of similar enthusiasm for trains/rockets then and look how that worked out.
382.
Post 6922496 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
Money is finally hitting the exchanges. This could get nuts..
Not sure if 'new money' would be processed at the weekend but I suspect this could be money that hit late last week and has decided to get in early plus money on the sidelines that similarly thinks it will get in ahead of next week.
But it could go nuts very quickly
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Post 6923340 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
384.
Post 6923447 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
Interesting to see how the tension plays between Stamp breaking 550 and huobi trying to break 3400.
385.
Post 6923453 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
There goes 3400 on 'Oh boy'....does someone know something is happening next week?
386.
Post 6923502 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
BFX is the leader here -- this is abnormal, right???
This has got to retrace to $550, MAXIMUM (minimum)
Nuts.
You reckon BFX...Stamp seems to have been leading the way by volume, no?
387.
Post 6923560 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
BFX is the leader here -- this is abnormal, right???
This has got to retrace to $550, MAXIMUM (minimum)
Nuts.-- ok this is ridiculous... is there news? or just... incredible panic buying on us markets? China doesnt know what its following and appears to be hesitating at this point LMAO
See the volume. Bitfinex exceeds bitstamp and btc-e. Anyone explains?
The volume on Stamp has been sustained over the last couple of hours...BFX was flat and then played catch up...so, for me this has been Stamp or huobi led.
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Post 6923613 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
I wonder how many BTC alarms are rousing people from their sleep right now?
389.
Post 6923740 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.46h):
LOL, classic Bitcoin: a sharp rise on huge volume followed by complete stillness while everyone tries to figure out what the hell is going on -- "should we panic sell, or panic buy...I dunno, you go first"
390.
Post 6988845 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.47h):
Pump and dump. Bagholders everywhere.
OH God....somewhere a village is missing its idiot.
Welcome to 'ignore'.
391.
Post 7005042 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Just been catching up on the last 15 pages...very Jorge obsession, so much bitter.
Since there seems to have been lots of analogies lately, perhaps Jorge is this thread's "Willy-bot", powering the page count along distracting us from the realities of the situation. Only when Jorge is but a distant memory will we look back and say - it was the biggest forum thread in internet history but it was a sham, we thought we knew what was going on but we were fooling ourselves.
Adam has spent 10 pages urging the price up and its not really budged; perhaps BTC will actually just grow slowly and become less volatile. No more bubbles, moons or trains. Perhaps the last two bubbles were faked, perhaps they weren't but either way does their occurrence really ensure a third or a fourth (apparently on current trends by 2060 a third of the world's population will be Elvis impersonators!!). I really don't know.
But why don't we stop bashing Jorge for being sceptical when it would appear that treating everything in life with a healthy dose of scepticism would be wise.
PS with regard to the football analogy (I assume we are talking about the global game rather than over-developed men charging at each other) -- let us remember it has still to 'take off' in the US and is rife with corruption with a match-fixing (international games) scandal breaking at present.
392.
Post 7010953 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
After Mr "Pump and Dump" yesterday I thought this thread was plumbing new lows...how wrong I was.
393.
Post 7026682 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Wondering if this is close enough to be considered a pennant closing on the 30min..bullish?
394.
Post 7036305 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Just checked in...nice.
Looks like that pennant on the 30min chart I posted about 15 pages back was indeed a pennant.
395.
Post 7046731 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Wisdom seems different...have they changed the order book font...it seems slightly larger/clearer?
396.
Post 7046753 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Adam,
After June 1 can we have a new poll -- I'd be interested to see how many here are just hodling and how many are trading.
397.
Post 7052454 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Because of my inability, I found it wired.
I must admit TA is not wired..
Do you mean 'weird'....or is this some new street slang?
What is weird about (what is essentially) mathematics?
398.
Post 7052534 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Really TA is something beyond my ability as I'm lazy spending time learning it. Because of my inability, I found it wired.
I must admit TA is not wired but useful in many cases, for many people. For me, I would just leave it as it gives me more uncertainty.
The certain thing under my territory is to buy dollar average cost and hodl, until my expectation appears. I wish this works with bitcoin this time.
There is no TA in the Bitcoin market. The prices are controlled by whales who pump and dump how and when they like. And also by the news.
C'mon Shroomsy...you've spent the last six months pointing out how 'good news' normally foreshadows a drop in price, so 'news' is hardly an accurate gauge for predicting market movement.
And do you really subscribe to the 'trollbox' world view of 'pump and dump'? For alts with smaller market cap certainly, but BTC....I think those days are long gone. Whales may set trends but manipulating the market to the extent of 'pump and dump'; too many actors now.
399.
Post 7055549 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.48h):
Done - We are roughly looking at September 2015, unless we align during the March 2015 bubble cycle...
LOL, GREAT
Post a donation address!
The only thing that could distort this model is that the number of pages in this thread will start an exponential trend
Remember that pages have been culled from the thread by members such as Goat 'leaving', so its not that accurate an indicator (esp. when you consider how many posts are either a) people slagging off Jorge or b) Shroomskit informing posters they are on his ignore list).
400.
Post 7064335 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.49h):
We need more volume, something does not feel right.
Agreed.
Price moved through 630 on Stamp (which was meant to be a significant resistance point) on less than 200 coins; this is about sellers pulling asks rather than an increase in bidders. At some point there will be some hefty volume of profit-taking?
The events of last w/e seem to be repeating, so perhaps another flattish/consolidation week lies ahead.
401.
Post 7071801 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.49h):
Very light volume in this past rally. The only way to justify it is to theorize that a huge amount of coins have been bought offline by wall street whales or that some new exchanges are opening that we're not talking about. Which could definitely be true, but otherwise it doesn't look good.
On Stamp I think we are seeing a shortage of sellers...the total ask volume on Stamp has been steadily declining this last week/ten days yet the bid/sum ratio hasn't moved that much: the same number of buyers but fewer sellers.
I don't actually know what to make of the BTC price anymore -- the exchanges seem to be operating in a different reality to local bitcoins. This is the three month chart for local bitcoins in the US, somewhat different to Stamp or Huobi: very consistent price band but with some wild daily fluctuations.
So, I'd posit a lot of buying is happening off the exchanges and that will flow through to the market price gradually and there won't be any news catalysts for the changes as previously.
402.
Post 7084470 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.49h):
On today's menu, our bullish members will be mainly eating...
403.
Post 7084721 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.49h):
On today's menu, our bullish members will be mainly eating...
We went back where we were 2 days ago and the bears are ready to celebrate? Are they really that pathetic?
Exactly, we're up from 339 to 620 and bulls are supposed to be eating humble pie
Its nothing to do with bears in general being 'pathetic'; I was pointing out that TERA got a lot of unnecessary criticism yesterday but it turned out her (?) prognosis was correct.
Why not give some credit where due, rather than blindly lashing out?
404.
Post 7100246 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
I doubt Blake would be a BTC supporter...more 'paradise lost'
405.
Post 7100377 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
406.
Post 7100621 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
months old news ! where have you been under a rock? lmao
in a cave actually...seriously.
407.
Post 7100633 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
Another quick poll: is there anyone here at all who does not believe that, by 2027, 1 BTC will buy all the wealth in the world?
Or the galactic council decided to admit the Earth.
You're on one of their committees I suspect...
408.
Post 7107373 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
Still stuck at 660.
I'm soon gonna start buying. You'll see when it happens.
Whoa...Shroomsy releases his stash...
409.
Post 7107492 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
Still stuck at 660.
I'm soon gonna start buying. You'll see when it happens.
Whoa...Shroomsy releases his stash...
I'm going all in. Now is the time.
Sorry, but I have to ask this: why didn't you go all in at 400? Or 500?
I mean, everyone else who said they were waiting until the price was higher you dismissed as "idiots", "fuckwits" etc...
No doubt this means I'm heading for the 'ignore' list....but I couldn't resist.
410.
Post 7108001 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
@OdaKrell
"daytarders" ....I like that: day traders who are always late
411.
Post 7145910 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.50h):
Where I can buy CCMF t-shirt?
See my sig...PM if you want something personalised
412.
Post 7158336 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.51h):
just sayin...
DUH!
wtf did you think was gonna happen?
So a global currency dominated by individuals such as Goat and Risto...a scary thought in some respects, don't you think?
413.
Post 7162561 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.51h):
just sayin...
DUH!
wtf did you think was gonna happen?
So a global currency dominated by individuals such as Goat and Risto...a scary thought in some respects, don't you think?
It is scary to envision that you have no masters. What is the punishment for stealing yourself, again?
My point was/is that wealth is still going to be concentrated in a few, so plus ca change. As usual everyone here thinks the ideal of democratic govt is a bad thing but I'm not sure I want to live is digital fiefdom where Goat, Risto et al are the new masters.
I'm not sure what "stealing yourself" means but if you mean "stealing from yourself" I'm still as confused. But if you think the new world order driven by Bitcoin will have no masters then I would disagree strongly.
414.
Post 7335630 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.53h):
The prevailing bids will be determined by the following criteria:
1. The eligible bidder who offers the highest price will be the prevailing bidder;
2. If there are multiple bids at the highest price, the first bid received will prevail; and
3. If fewer than all of the Series A blocks are sold to the highest bidder, the remaining blocks will be sold to the successive highest bidders until all blocks are sold.
From
http://www.usmarshals.gov/assets/2014/bitcoins/Its a sealed bid auction....it would have been so much more fun as an English or Dutch auction, esp streamed live so we could all watch.
415.
Post 7417878 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.54h):
I'm a bear troll myself now, huh? Kind of used inflationary lately. Oh well, better start posting random downtrends while I'm still unignored by a few laggards.
Thanks for postin this, i don´t see us havin a bottom reached yet, and for the first time thinking about sellin my precious Bitcoins.
I couldn´t stand it seeing them going lower again. maybe it´s time to get out of the game! I possibly will buy in again @ around 100-300$
I will NOT enter above! From what i understand about TA and learned in the last weeks, this whole uptrend has been nothing else that another bulltrap on it´s way to the real bottom!
I made the mistake to listen to the false prophets in here.
JayJuenGee?!
Ohh "Brand new JayJuenGee"
I see whats happening here..
He seems far more economical and lucid than version JJG 1.0
416.
Post 7461095 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.54h):
Bogart Pediatric 2009 Wine Aficionado Dinner Bogart Pediatric 2010 Wine Aficionado Dinner For those who did not recognize the people in the photos above, that I posted here on 2014-06-10, some basic info:
Wired article about Brock Pierce's previous venture IGE, from 2008:
http://archive.wired.com/gaming/virtualworlds/magazine/16-12/ff_igeVideo of talk by Autumn Radtke on virtual currency trading:
https://www.youtube.com/watch?v=GzVxRmvipVYLocal news article on Autumn Radtke's death:
http://news.asiaone.com/news/singapore/cleaning-supervisor-who-found-body-dead-ceo-there-was-foul-smellBrock Pierce seems connected to the Chinese suppliers of KnC, not sure how. He may also have been part of the group who was sought by Mark Karpelès as possible MtGOX buyer, shortly before he declared bankruptcy. Sunlot is now trying to buy the corpse of MtGOX, including the remaining 220'000 BTC, for 1 BTC (and thus stop its liquidation by Japanese courts, and thus make it less likely that there will be a police investigation of the collapse). Under the proposal, those 220'000 coins, minus some expenses, will be distributed to the former clients BUT
they will remain frozen in the new MtGOX for a year. Sunlot already made a deal with the MtGOX clients who were suing Mark in the US to retract their lawsuit, promised immunity to McCaleb and Gay-Bouchery, and intends to consider former MtGOX management on par with other clients if and when they distribute the remaining coins. BP was recently elected to the board of The Bitcoin Foundation with the help of KnC, which had just joined the Foundation.
Autumn Radtke was a very close friend of BP until 2010 at least. By early 2014 she was CEO of First Meta, a company based in Singapore that traded virtual currencies of various kinds, such as game points and (planned) airline bonus miles. First Meta did not sell crypto, but she was a bitcoin fan, having invested in the currency and convinced others to invest. She had struck a deal between First Meta and GoCoin, a Bitcon/Litecoin payment processor co-owned by BP, whose office was a rented room in her home. GoCoin's CEO Steve Beauregard was the last person to see her alive. On the morning of Feb/26 her body was found by a cleaning staff worker near the base of a 22 story building, not far from her 3-story home. It could be a suicide, but AFAIK no plausible motive has been advanced that could have led her to that. It has been claimed that GoCoin had had some coins in MtGOX, and she died after Mark halted withdrawals (Feb/07) and sought Sunlot for possible acquisition (Feb/??), and a few days before the filing for bankruptcy on Feb/28.
For those interested, user @Phinnaeus_Gage (the user with most posts to bitcointalk.org) and a few others did some sleuthing about the case:
https://bitcointalk.org/index.php?topic=628000.0 (You better grab a few rolls of tinfoil.)
Thanks Jorge, another murky BTC avenue that I imagine will be erased from the map.
417.
Post 7667604 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.57h):
The majority of quotes below the line suggest people get the government they deserve.
Let it burn.
418.
Post 7674321 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_12.57h):
EUROPEAN BANKING AUTHORITY ADVISES BANKS IN EU NOT TO BUY, HOLD OR SELL VIRTUAL CURRENCIES LIKE BITCOIN UNTIL NEW RULES IN PLACE
O M G O_o
most bullish news EVER!!!!
Agreed, totally amazing news. It basically just shows that they are going to have to adapt at some point. We've gone from Europe saying its not a worry because it's not a big economy, to "Shit, we better actually say something useful"
EUROPEAN BANKING AUTHORITY ADVISES BANKS IN EU NOT TO BUY, HOLD OR SELL VIRTUAL CURRENCIES LIKE BITCOIN UNTIL NEW RULES IN PLACE
"...rules which will heavily restrict, bureaucratise and tax any crypto holdings you may have (apart from ones you already hold)."
There are lots of ways to interpret this.
Here's another...
EUROPEAN BANKING AUTHORITY ADVISES BANKS IN EU NOT TO BUY, HOLD OR SELL VIRTUAL CURRENCIES LIKE BITCOIN UNTIL...WE INVEST HEAVILY
419.
Post 7979455 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.00h):
Which is the pertinent entry on Jorge's CV?
4. "The single most popular topic of posts in the Wall Observer thread"
Glad to see you're still here Jorge, keeping the cultists fresh
420.
Post 7982446 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.00h):
it will be very hard to invest a significant fortune in bitcoins without the government knowing it.
But it is amazingly easy to invest an insignificant fortune in bitcoin, and subsequently spend a significant one.
Suppose that I were to use a threat of torture to compel you to trade all of your gold for false analogies, invalidate all contracts payable in gold, and demand that you pay me false analogies on a recurring basis, when I had previously arranged for the establishment of a lender of false analogies who was the only source of false analogies you could tender without being tortured by me, and who lent out false analogies at a rate of interest set by my sock puppet. Suppose further that I issued an arbitrary number of false analogies to a few of my friends at zero interest - several orders of magnitude larger than would be required to purchase all real property in the entire land - and required that all sales of real property be conducted in false analogies, on penalty of torture. Then suppose that I took some of the false analogies that I had extorted from you, and hired an army of useful idiots to impress upon everyone that only false analogies were of any real value, and everyone should donate all of their labor to people who have more false analogies than they do, in hopes of getting a few here and there, and another army of sycophants to indoctrinate your children in the cult of false analogies. Then I hired an army of army to bomb anyone, anywhere in the world, along with up to a million of their countrymen at a go, who threatened to trade oil in gold instead of trading oil in false analogies. And every once in a while, I shipped a literal cargo jet loaded with literal palettes of 100 false analogy notes to some distant occupied land, administered by a friend of mine, who lost track of a few billion false analogies this way. Then I promised you could have healthcare if you made me Emperor, and when you did, I doubled the charges (made on threat of torture) payable in false analogies each month. Meanwhile I indexed your income in false analogies to the price in false analogies of irrelevant luxury goods, which consistently carried negative against the increasing price, in false analogies, of food, energy, fuel, housing, medicine, and education.
Would you finally consider yourself, then, a free and dignified human being, well-served by the servants of the public, who merit your confidence?
Best post of the year
+1
Classic Aminorex.
pfftt...I'm stunned by how many here are still seduced by Aminorex; the Sheldon Cooper of Bitcoin.
421.
Post 8061950 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.01h):
7777....again!
We seem to be trapped in some sort of forum page-paradox.
422.
Post 8102931 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.01h):
Bitcoin rallied from $568 to $579 on Stamp - time to post trains yet?
we're down
0.64% for the past 24 hour
3.00% for the past 3 days
7.50% for the past 7 days
7.50% for the past 30 days
29.35% for the past 90 days
30%
Nothing to worry about. Only a few dollars. Just some weak hands. We're going to the moon as the new deadline expires. The big boys are getting in. Wallstreet can't wait to get in.
But which Shroomskit is posting??
423.
Post 8119718 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.02h):
I'm honestly amazed that nobody has throught to check ShroomsKit's FIRST posts.
From these he's far from a kid living with his parents with barely any btc to rub together.
He runs a business based out of Amsterdam (or he did in 2013) with it's own website.
That said the site seems to be old news now as the domain shows as available on a whois check.
So on that basis yes JorgeStolfi we're all kids living at home with our parents including me.
Speaking of which I've pocket money to earn... damn child labour
+1000 for the epic troll ShroomsKit
"Shroomskit" has admitted previously that at least 3 different people use the account (which explains some of his/her wildly vacillating opinions), so I wouldn't get too involved trying to divine meaning into any 'dogbird' posts.
424.
Post 8129843 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.02h):
thanks John Peel.
"Margrave of the Marshes"
425.
Post 8226661 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.03h):
Actually cellphones are dead, computers are so small they replaced phones.
I carry a computer that has phone capabilities.
No, you carry a
tracking device SIM card around, have forsaken your privacy for convenience and pay through the nose for the privilege.
If you had described the situation to Orwell, he wouldn't have believed it.
426.
Post 8231936 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.03h):
If you had described the situation to Orwell, he wouldn't have believed it.
You're right, on the other hand Huxley had foreseen precisely this exact scenario.
lol'ed at first...
No, Huxley wouldn't have believed it either...and 30 years ago no-one would. But then someone realised: you don't impose the totalitarian nightmare, you market it to people.
*all the other dumb comments*
Gosh, so many self-proclaimed smart men "ahead of the curve" and "libertarians", who defend rescinding their basic human rights (the right to privacy) and the corporations who persuaded them to do so.
Viva Bitcoin. <--- more sarcasm for those who can't recognise it.
427.
Post 8591715 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.09h):
market isn't out to get you people.
market has bigger fish to fry.
market is out to get the world.
Could someone please Photoshop a bitcoin instead of the crown please, I really want that poster on my wall
Thanks
yes can someone do this please, a gray simple
BTC at the top.
If you check out my store in the link below you will see a "Keep Calm" T-Shirt. It has the Bitcoin logo integrated into the crown.
I will do it as a poster on Zazzle later today for Shmadz.
Any other requests (you want it on mugs, or resistance is futile etc) just PM and I'll do it
Nan
x
428.
Post 8592985 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.09h):
I'll be putting these up on Zazzle in the next few hours.
If you want them as a mug, poster or whatever, let me know via PM.
Enjoy.
429.
Post 8593259 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.09h):
That's very good, good job
Thanks.
Bastards stole (varying degrees of) my money
430.
Post 8593483 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.09h):
One last design added to my store
All sales commission (a lousy 10%) goes towards replacing the coins stolen by Brewster et al.
431.
Post 8604824 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.09h):
Adam, your best bet might to be to go here
http://www.keepcalm-o-matic.co.uk/ to create a bitmap and go for one big enough to look good printed at t-shirt size. I could still do the SVG but this would let you get things exactly how you'd like them. (Though that wouldn't help you with the crown)
but i need the
BTC crown.
You could cut it from the above bitmap, it just may not scale well. Though it is at least anti-aliased.
All the designs I have posted have been created in Illustrator so the vectors scale to whatever size (you can have it on the side of a building if you want).
My husband is a graphic illustrator, so (again) if anyone has requests let me know. I can supply the vectors for a small fee, if you prefer to use your own printing service.
nan
x
432.
Post 8609662 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.09h):
this Video teach us a simple yet important thing: First Follower: Leadership Lessons from Dancing Guy
Click the image to watch the video
in Bitcoin's case, Hal finney was that brave first follower
Nice video, thanks MM
433.
Post 8632856 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.10h):
...
Solar panels are devices with ROI - after a certain time you will have profit, though we are talking about years.
...
I suppose if you sell electricity at the couture prices to PETA/SCRYPT bagholders you would. Otherwise, not so much.
That's why real power companies don't run solar cells unless they're subsidized
Yeah, but i was talking about private usage.
The free generating of electricity will save you money which you would have to pay for the same else.
Why energy companies dont use it is indeed like you say. Other forms of energy are just cheaper but are also extremly more harmful to the enviroment
Meh. Manufacture of solar panels creates plenty of pollution (
here's a start), panels have a limited lifespan, require upkeep/maintenance, and, while "going solar" requires piggybacking onto conventional commercial power grid (or polluting moar by having to buy huge banks of toxic batteries), conventional power grids can do just fine without solar.
Greenwashing is so early '00.
Disagree
1. Maybe manufacturers in your country but some countries have better environmental regulations -- don't tar everyone with the same brush.
2. Limited lifespan -- nothing lasts forever but quality panels last up to 20 years
3. Up keep and maintenance -- hardly any is required. You don't even have to wash the things.
4. Going ongrid is what its all about. I'd have thought in an age of 'crowdsourcing' you might appreciate the beauty of this. Meanwhile battery technology is one of the most exciting and cutting edge areas of science and you will see some amazing breakthoughs in terms of size, storage and recharge times in the next few years. It's worth noting that some areas of battery development are actually being held back by US govt and industry due to vested interests.
5. Any generation system that relies heavily on fossil fuels is not 'doing fine' but is stuck in the 19th century. The damage to the environment by fossil fuels outweighs anything else at present -- even those hippies at the Pentagon agree
http://www.rtcc.org/2014/05/28/pentagon-clear-climate-change-is-a-national-security-issue/As for ROI -- most solar companies give their customers the bottom end of the range (playing it safe) when it comes to estimates of generation. My system generates more than was quoted and during the 'summer' (or the wet season as it is in the tropics) hits double the daily estimate. Meanwhile, energy costs will continue to increase.
Then there are more intangible benefits such as a sense of social responsibility and community contribution, which may mean little to you but have been shown to increase well-being in studies (there are a heap of papers I could include here if you are interested?).
Although there are many examples of 'greenwashing' (if you want to call someone out start with BP or HSBC), solar systems are not one of them and as the industry matures then manufacturing processes (in backwards countries like your own
) will be addressed and even greater efficiencies achieved.
But I get the feeling you are far more comfortable in your bubble of ennui.
434.
Post 8632874 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.10h):
2. I've heard a few large players say they wont be selling, and neither will I (those same players and myself were selling last time)
3. Everyone is expecting a drop now and most dont care if it happens
... (there is some justification for that hope)...
Jorge, that is positively bullish for you!!
435.
Post 8635057 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.10h):
This. If nothing else there is truly a problem for the brand when exchanges malfunction, when markets are manipulated by margin hunters, and when the price is more or less set by a Junta of pot heavy insiders. The new money is, almost by definition, not of the hodler/true believer mentality. They can be converted, but it takes a while... again, they are new. So, if they lose a bit here and there while learning that is great. If they get whipsawed to death by market activity that is unexplained by TA or news... you lose them. We are skirting near the territory where you are facing the potential of a long-term setback for adoption and support.
I think we are losing adoption NOW. User numbers don't seem to be rising at all, and the main complaint is losing money on their investment. I literally know no one else who owns coins anymore. This manufactured drop from $600 is killing the tech. (Tes, exchange rates matter, trolls.)
Note that game theory says the price will trend to zero. As long as there are hundreds of people with enough coins to play the dump game, one of them will continue doing it to make their extra 20 or 30 coins per day. If you gave me 3k btc today, I could guarantee I would have 6k in 90 days. The game is too easy.
Those posters who say that the only people who care about the price (exchange rate) are get rich quick dreamers are deluded. If I could buy a laptop with 2 bitcoins 3 months ago, but now need to use 3 btc, there is a serious problem. And as long as 99.9% of goods require USD to purchase, the exchange rate is important.
I left out one point before: look at how much concentrated effort it took to break through support at 500. Thousands and thousands and thousands of coins dumped to break support and make the dump game possible again. How many of the big guys had to help to break through? I sincerely thought it was impossible to reach 490...forgetting that there are single individuals with 50k coins who could wipe out the entire order book.
Now, explain to me how it is possible to have another bubble. It will be a race to see who can dump fastest and hardest to make the biggest percentage gain on a thin order book. IIRC, to cut the price 40% in November only took a 1k dump; stops triggered, margins called, panic selling, huge profit with no risk. They won't be able to control themselves when the opportunity arises next time .
I will say this with all honesty: I no longer believe btc has any chance of being a serious currency due to its users. I have always been a short term agnostic and long term bull. I am full bear now. I doubt that we will ever see 700 again, and 300's will be here soon. The big guys are warning everyone everyday that they want lower prices. Believe them.
Congratulations on being the most recent in a long line of thousands who have predicted the end of bitcoin. There have been many before you and there will be many after you. Thanks for being a part of it all.
There will always be "end of worlders" and there will always be "end of bitcoiners."
And yet you (Windjc) are always promoting "logic" and "dispassionate" trading but the numbers don't lie: we have been going down all year, are still going down and there appears to be little new blood in the market.
So, BTC's ultimate success becomes an article of faith -- the antithesis of what you claim drives your involvement in Bitcoin.
436.
Post 8635802 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.10h):
All this has happened before and will happen again....
Yep....keep chanting...it's holding us afloat at the moment.
437.
Post 8635861 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.10h):
maybe it was GABI...
would be nice to see a little rise and a little bullishness again
Ah Gabi. The magic club of millionaires who will buy tons of bitcoins starting september one. Right.
Right.
Let us not forget Gox's magical origins -- perhaps the "magic circle" will get involved or David Copperfield will magic up a 50K bid wall.
I'm sacrificing a virgin goat next full moon, just to be sure.
438.
Post 9025722 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.17h):
Waiting with my shorts open like:
Much better.
439.
Post 9025966 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.17h):
Well this thread turned shitty rather quickly.
Yeah, only 8934 pages...but it was bound to happen sooner or later.
440.
Post 9028550 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.17h):
Rather sad that the only person here (except myself) who seems to have any knowledge of Mandarin is NotLambChop.
I used to know a joke in binary, but you either found it funny...or not.
441.
Post 9029019 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.17h):
Why have you sent me that link?
Uh oh...looks like NLC has chosen you for a trolling session
442.
Post 9036543 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.17h):
Very true, Adam, absolutely. However, it is quite obvious to me the argument for BTC to be undervalued is significantly more outrageous than it is for it to be overvalued.
I've always said bitcoin is beautiful, and was needed. Blockchain is an invaluable technology, and it's core currency itself has been tremendously useful in streamlining & simplifying online payments - What would we do without it.
That being said, unfortunately, great value does not automatically equate great price. For price is fundamentally derived entirely from supply & demand, whether or not those last two happen to be affected by market manipulation, good/bad news, external unusual circumstances, asset allocation, or hashing developments/crypto-economics.
And thus, one shouldn't buy BTC because they perceive it as 'more useful' and sell it when seen as 'useless'. I can 'believe in bitcoin' & use it to make money seamlessly, yet still expect further price drops and hold no hope for some grand bubble to rescue bagholders. The market's ebbs & flows from 2009 up to 2013 were quite natural/organic for the most part and justified by the budding crypto-economic ecosystems springing up everywhere. Starting w/ the Goxbots' 2013' antics, however, that statement starts becoming tenuous to make.
Keep in mind though, BTC offers unparalleled opportunities for altcoin pump events, pseudonymous leveraged trading, and gambling - All of which I use to a major extent, so I actually would love nothing more than to be wrong. For yet another 1000% to come save us, right out of Wonderland.
But I can't responsibly have the cognitive dissonance of warping my reasoning to project, place faith in, pray for, more clockwork repeats of the same pattern, yet at far higher nominal price points which make it a lot harder to accomplish, which is why the Willy/Markus bots were even needed in the first place for the last run-up.
That's because the price is denominated in, and raised by, fiat currency. You either have to fractionally fake users' fiat balances on your exchanges, or find more and more money to reach buywalls in order for it to rise. Those dollar bills/euro's/RMB's aren't %-based, and they're not infinite, except to the banks and governments, who generally have no need to bother with cryptocurrency, when they already hold the power of money creation. That means looking at old patterns that happened at price & adoption / manipulation levels orders of magnitude lower than now, and expecting the same % gains in 'the next bubble', is a logical fallacy - money functions according to a linear, geometric basis - it is not exponential, not %-based.. !!!
And that, is why it's so much harder to go from $300-700 to $2500-7500, than it is to reach 10x from $116.
Which forms the basis of my actual expectations for the years to come : Unless the equities (stocks etc) markets experience another shattering collapse (a mere shock, a predictable solid correction to the multi-year bullish US Index & global Stock Indices, is not enough to qualify) ; Unless a major financial, geopolitical (major war), environmental (asteroid collision, zombie/ebola apocalypse) or technical (absolutely fundamental engineering / development changes in bitcoin or crypto) event seriously damages public perception & reliance on fiat currency in a long-lasting meaningful way, forcing huge numbers of non-adopters to not merely be interested / intrigued by crypto, but truly need to make it a permanent, critical part of their daily lives ; There cannot be a big bubble.
A $4k-100k price dream requires something to give in the crypto/fiat status quo. Until such an extreme series of events comes to pass, I foresee many small mini-bubbles, quite like the one from $400's to $600's in Q2 this year. Coupled with the possibility of a larger one, just once, to perhaps $1525-2175. Then the experiment is matured. The rocket has landed.
Because money is nominal, not exponential.
Thousands of pages of rubbish and then a true gem.
Great post.
443.
Post 9036804 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.17h):
Seems like a text generated by the bitcoin text wall generator.
Everything to say that the bigger the price, the harder to form another bubble and many things will need to happen until we reach moon?
What are you...a goldfish*?
Precisely why this thread can be such a waste of time: people just shouting three sentence slogans without any reasoned argument. Then, when someone constructs a coherent argument (and here's the clincher for me - an understandable argument that's not littered with obscure references to Metclaffe's Law and the like), they criticise.
If you don't have the patience/attention-span/intellect to read more than "to the moon", perhaps keep your comments to yourself?
*Actually, recent research has shown goldfish have far greater memories than commonly thought, so I'm probably giving you more credit than deserved.
444.
Post 9036938 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.17h):
This is for empowering
James Bond vs The Global Recession
https://www.youtube.com/watch?v=HKeoOnSvXn4I'm sure he loves Cassetteboy.
445.
Post 9037651 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
ermm... I am utterly lost?
It is late here right now and I am literally half asleep
(care to explain what exactly I am supposed to get from this?)
It's funny, that's all.
Being English I imagined you were familiar with his work (check out the Parker Tapes).
Nevermind.
446.
Post 9037725 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Nanobrain, I seem to remember posts like these before the last two bubbles. The same logic was there, that it was harder to go from $X.XX to $XXX.00 and so on.
But Bitcoin is the honey badger of money. Bitcoin does not care about what is logical or even what makes sense. It rises when it wants to in mind blowing ways. I don't believe we will see a "mini-bubble" it will be a bubble beyond our belief. I believe, based mostly on knowing how humans work and the greed at play, that when the price beings to rise there will be people that have been waiting on the sidelines because they were unsure of what was going to happen, panic buying. With the panic will come hysteria. As the thousands of newbies that have not yet experienced a bubble yet see how quickly the price can rise watch they will suddenly throw caution to the wind and throw in what they can as well. It will be crazy. It will make no sense and Bitcoin will probably be overvalued at that point.
All that said, TO THE MOON.
Hiya hon,
I know what you mean but surely the reasons you posted a bit later down the page show the resistance to wider adoption is far greater than you think. Gox is still fresh in the public's mind and its pretty clear the last ATH was mostly down to Mark and his bots trying to bail himself out of sinking ship.
At least the thesis posited by 'Post-Cosmic' has some logic behind it.
I find statements like
Bitcoin is the honey badger of money to be pretty hollow. Everything you say above is based on people getting greedy and I suspect, you selling and making some money. Every bubble there are a big pile of losers who end up with over-priced assets as the price shrinks back -- its not good for any economy (BTC, housing, whatever). And each time this process happens those people tell their friends and family etc.
This obsession with bubbles rather than slow steady growth must surely counter-productive. The more price stability we achieve the more people are going to actually use BTC and personally a much narrower range of trading would make me far happier.
447.
Post 9037824 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
its pretty clear the last ATH was mostly down to Mark and his bots trying to bail himself out of sinking ship.
No, it's not clear at all. I watched them trade, they were secondary.
Well, from my reading of the situation Mark was guilty of fractional reserve trading and he achieved this by using either fake accounts or bots. The point is people were burnt and the PR fallout is still drifting downwards.
448.
Post 9037848 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
I think you're wrong there. There was a significant parameter that most people don't seem to remember, the Cyprus Bail-In. Remember where EVERY bank deposit above 100K eur just ceased to exist? Cyprus lead the party back then, the bots were implemented right after if you see the facts (due to the reasons you've mentioned).
Believe it or not, the "accident" is closer than you think. I hate to spread FUD, especially in a public forum, but you should *REALLY* consider moving your money out of your bank accounts (at least those you want in your pocket, or for an emergency). Expect the EU stress tests to go ugly. Not everyone has the ability / will to fill the cracks of the system with fresh fiat (that -BTW- ended up to those that made the cracks in the first place).
Margin call ladies and gents. Margin call.
Of course, there's not going to be any one factor causing anything, the world is more complex but if you start listing things here these days you are accused of 'walls of text', so it becomes difficult to talk in anything other than vague generalities.
Anyway, you claim Cyprus was a factor causing the bubble, so I'll raise you a Danny Brewster and say Neo-Bee is another cause for a long bear market
449.
Post 9037984 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
There are a lot of people accused with "walls of text" (look above)
. We're far from that, don't worry. You have a point there. Granted. We will both have our chances on verifying our positions. I won't mind if I lose my holdings. Please do verify that you have the same ability (just in case).
Yes, that is one hell of a wall of text
EDIT: Well I've just ploughed through and that too is a good rebuttal, points of which I would also agree with (certainly the next 6 to 18 months are pretty much make or break). The issue of regulatory control is a very contentious one, personally I agree its needed but I know a lot of libertarians disagree and there is a danger a regulated BTC changes nothing socially, it just means folk consume more, quicker.
With regard to my holdings, well they are pretty modest these days.
450.
Post 9038087 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Well, from my reading of the situation Mark was guilty of fractional reserve trading and he achieved this by using either fake accounts or bots. The point is people were burnt and the PR fallout is still drifting downwards.
It's pretty clear that MtGox was operating on fractional reserves, and I also believe that Willy was Mark's bot. But your assertion the he "achieved [fraction reserve trading] by using either fake accounts or bots" seems to imply that he was the mastermind of some elaborate scam. I think it's much more likely that he was running fractional reserves, not out of intent to defraud, but to coverup (and try to fix) a large bitcoin theft from 2011:
http://www.reddit.com/r/Bitcoin/comments/1zdnop/peter_rs_theory_on_the_collapse_of_mt_gox/MtGox was making good money, and Mark would have preferred to keep his reputation and his business than risk everything, including potentially his own life, in executing some fractional-reserve scheme that was doomed to implode. If you were a powerful and respected figure in the bitcoin community, the owner of the world's largest bitcoin exchange, and already reasonably wealthy, would you have concocted some hair-brained doomed-to-fail scheme like this?
If my theory is correct, it means that Willy didn't pump the price at all, but that the price was in fact artificially low through 2011 and 2012 due to the sale of almost a million bitcoins by the
actual Gox thief. Willy was just drove the price up as required to make good on MtGox bitcoin withdrawals. Remember, there were 850,000 missing bitcoins upon the implosion of Gox and very little missing dollars--not the other way around. This means that bitcoins were actually
more rare than the market had priced in.
I agree that the collapse of MtGox was a setback for bitcoin. I'm just getting tired of people thinking that Markus and Willy were the dominant factor in the growth spurts of 2013 or that they were part of some nefarious-but-vague plan that no one can describe concretely yet contain the buzz words "fraction reserves" and "pump and dump." Really, how did Willy and Markus improve Mark's quality of life if that was really their purpose? No, Mark was desperate to
save Gox.
Peter, you post an interesting and highly plausible situation although my travails through the BTC eco-system have made me pretty cynical -- you are putting Mark's actions down to misplaced stupidity and part of me would like to believe this is true. I never made any claims to know the motivations or machinations behind the mess.
But who knows for sure -- it may come out in the wash, the 'truth' (whatever that is) may never be known. Greater and more powerful men than Mark have fallen due to hubris rather than simple incompetency.
451.
Post 9038113 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Anyway, has anyone got some spare funds to take a nibble out of that 600BTC wall at 395.
Go on, let's see if its real or get's ticklish.
452.
Post 9038297 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
BTC was featured on Australia's flagship, fear pedalling, commercial network, gutter journalism driven, current affairs show.... Typically dumbed down but still gracing the screens of millions of "mainstream" fuckwits across our wide brown land. The closing comment is a killer, and delivered in a deadpan but brilliant manner. It's only short so give it a watch:
https://www.youtube.com/watch?v=sZbsJ_fz-zg"where do you see bitcoin heading"
A: "To the MOON" with a serious face and everything. I LOVE it
LOL...gotta say we rarely watch 7 but that was great. Loved the
BTC over the moon on the closing graphic, made my husband laugh.
453.
Post 9038753 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
It is a part of one of the weirdest contemporary dance shows that the wolrd has ever seen... if you want to see it then here is the link....
http://youtu.be/FbuluDBHpfQIt is the kind of thing that I would have love to have gone to, when I was younger and taken mushrooms and just lost my marbles laughing at (30% laughing at the show, and 70% laughing at the fact I am laughing whilst surrounded by hundreds of serious patrons trying to get their serious on)
Enjoy...
(ps I like the two ladies that are like stags fighting, while the weirdo on the skateboard thrusts on by....by like I mean it normally makes me lose my shit and start cracking up)
That's great. Not sure if its funny, more disturbing and confrontational.
But the comments below the line on Utube are hilarious in a very tragic way...I guess a steady diet of hyper-realism has borne a generation intolerant of anything that's not Hollywood explosions/Disney morality.
EDIT: sorry, I think I may have got a 'serious' on.
454.
Post 9039132 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Wait, hasn't this happened recently.
Price drops 5%. Everyone panics, shits their pants, it's the final capitulation, it's over. Oh noes.
Price stabilizes, rises a couple percent, everyones like wow this is over. TO DA MOON.
Price drops another 5%. Everyone panics, shits their pants, it's the final capitulation, it's over. Oh noes.
Price stabilizes, rises a couple percent, everyones like wow this is over. TO DA MOON.
Price drops another 5%. Everyone panics, shits their pants, it's the final capitulation, it's over. Oh noes.
Price stabilizes, rises a couple percent, everyones like wow this is over. TO DA MOON.
but the price is still dropping overall.
That is essentially the exact definition of a shakeout. Price falls, small recovery, price falls more, rinse and repeat until the whale thinks he has made all the weak hands sell their coins off. Then places massive buy orders to make the cheap buys and lets the market build the price up again.
So far nothing points to someone doing this to buy back lower.
If hints were left, the shakeout wouldn't be as effective. These are educated people with lots of money....
Months and months of crazy dumps, with a chance of completely destroying the market, just to buy back some cheap coins? Nah, i don't believe it.
I'd say this is someone with way too many coins getting out or someone with way too many coins trying to destroy the market.
Or perhaps it isn't any sort of co-ordinated, silver-foil-hatted conspiracy but simply a bear market with lots of negative sentiment doing its thing?
Uh-oh...bet that qualifies me for an ignore....or am I already on there. I forget
455.
Post 9039532 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Uh-oh...bet that qualifies me for an ignore....or am I already on there. I forget
Given that you can't seem to prune a quote train, I'd expect you to be on many ignore lists.
uuhhoo...get you and your "prune a quote train": I missed the meeting when you got put in charge of etiquette.
Tell you what, I'll put you on ignore and you can do whatever the fuck you want. Oh and
456.
Post 9041939 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Wow, I think we are hitting the despair phase: this thread is deserted -- just NLC trolling himself.
Dead Again??
457.
Post 9048078 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Whoa! So many depressing cliches packed into a single line of text. Economy of language
of course my guru I respectively look towards your greatness for the answers to these woes... also I know a few other people that might need your number...
No no, empowering, thanks for bringing all these problems I've never considered before to my attention. National debt out of control, you say? Whould'a thunked? And the underlying base of our monetary system, it's flawed you say? That certainly gives me plenty to think about.
So TL:DR is "Buy Bitcoin nao"?
dude... I thought my inference was obvious from the get go in the initial post I did not think you needed it explained out to be honest... but you did ask
NLC is not interested in the right or wrong answer, he just wants to keep poking you until he gets a fight.
See the "Gold collapsing" thread for some of his more recent work.
458.
Post 9050460 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
The Huobi bid walls are real, btw. A portion was eaten. But the rest remain.
I don't know if you are talking about Stamp or Huobi in your other posts above but given the volume over the last hour on both exchanges, I don't think you can divine any sort of reversal or even a change in sentiment. It seems like the usual story of more sellers than buyers.
I don't have access to the bid/sum ratio (anyone?) but the walls on btccharts.com look like a stalemate at best.
459.
Post 9050711 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
btccharts.com doesn't mean btc china the exchange.
When I load it up I see a couple BTCChina charts, one Bitstamp chart, and one BTC-e chart. I don't see Huobi, which is the most relevant exchange in China by far.
You can login and then change all sorts of views, multiple exchanges etc on BTCCharts...bottom efthand corner there is a control panel - its not the most obvious UI. I'd also recommend Coinorama, I much prefer it to bitcoinity.
But I wasn't talking about BTCChina but Huobi and Stamp. I still don't think the volume is enough to make the claims you are making above (much as I like to believe them
).
You are right though: visually the bid depth looks a lot more healthy on Huobi, it looks pretty balanced on Stamp though. Given its the run up to a w/e I would suggest we will get another dip though -- its been pretty rare to get much of price surge late in the week this year.
460.
Post 9052934 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
This whole year Bitcoiners were telling me daily that the dollar is about to collapse. Instead the dollar is getting stronger by the day.
Because they desperately trying to keep it alive by pumping it obviously. There will be a time in the near future when this wont work any longer or they just run out of steam.
Be patient young padawan.
You would probably have more luck telling your cat to bark
I suspect the odds are far better for the cat barking (then washing the car and cooking dinner).
That's one stressed out cat -- similar to Shroomsy everytime he looks at a BTCwisdom.
461.
Post 9053716 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string.
I really wish someone would come in with a shed load of funds a just hit them with a market order.
462.
Post 9053874 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string.
I really wish someone would come in with a shed load of funds a just hit them with a market order.
It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought.
This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature
Well as long as people are still scared or sell in front of 200
BTC walls around 380$ one could question if the price around here is really supported by the market.
LOL -- you think Fontas has moved into the big league?
463.
Post 9054022 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string.
I really wish someone would come in with a shed load of funds a just hit them with a market order.
It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought.
This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature
Well as long as people are still scared or sell in front of 200
BTC walls around 380$ one could question if the price around here is really supported by the market.
LOL -- you think Fontas has moved into the big league?
Pumpers like DavidPate often flashed 4-5000
BTC (before they lost everything to mcxnowfees
)
It doesn´t take much BTC nowadays to scare the small investors even in the BTC/USD marker, especially after a 9 month downtrend where most of them have trigger happy sell fingers.
Fontas as far as i know never revealed how much BTC stash he had.
I didn't know David 'lost it all'....last I saw he tweeted some flash car he was driving. I know a lot of people disliked him but he was alwys v civil with me.
So, whats the gos. Do tell.
464.
Post 9054195 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string.
I really wish someone would come in with a shed load of funds a just hit them with a market order.
It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought.
This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature
Well as long as people are still scared or sell in front of 200
BTC walls around 380$ one could question if the price around here is really supported by the market.
LOL -- you think Fontas has moved into the big league?
Pumpers like DavidPate often flashed 4-5000
BTC (before they lost everything to mcxnowfees
)
It doesn´t take much BTC nowadays to scare the small investors even in the BTC/USD marker, especially after a 9 month downtrend where most of them have trigger happy sell fingers.
Fontas as far as i know never revealed how much BTC stash he had.
I didn't know David 'lost it all'....last I saw he tweeted some flash car he was driving. I know a lot of people disliked him but he was alwys v civil with me.
So, whats the gos. Do tell.
Don´t know if he lost everything, that was the wrong expression. But i saw him playing around with 1-2-3k BTC in mcxfees, at least most of that got robbed as far as i know.
I do not had anything personal against him, it was funny watching him flashin around his LTC walls.
Ach, the easy come, easy go life of the crypto trader.
"fly chickun, fly" ....those were the days.
465.
Post 9058341 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
this is moment of truth time.
isnt it.
The next 24 hours are
critical to the future of bitcoin!!!!!!!! That's for sure.
how many times did I hear that story about the next 24 hr.
let me summarize the next 24 h for yA>
466.
Post 9063640 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
I've just been doing some calculations:
@JJG joined less than eight months ago since when he has made nearly 3500 posts - on average nearly 15 posts a day!!
And since he doesn't seem to post anywhere except here, that means over a third of this thread comprises of his posts, as he wall-witters to himself.
Seek help man.
467.
Post 9064266 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
The next 24 hours are critical to the future of bitcoin!!!!!!!! That's for sure.
how many times did I hear that story about the next 24 hr.
let me summarize the next 24 h for yA>
Those
critical 24 hours have thus far been as dull as...
468.
Post 9064500 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
469.
Post 9066744 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
And before anyone wonders, this of course is me
I would
Whenever I see an Empowering post I see this face
470.
Post 9066866 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
And before anyone wonders, this of course is me
I would
Whenever I see an Empowering post I see this face
Total off-topic comment, but I think William Dafoe would have played a better Joker than Heath Ledger in
The Dark Knight. But that's just like, my opinion...
Yeah, Willem Defoe is pretty amazing and would have made a great Joker.
I would have loved to see Willem Defoe and Christopher Walken act together but I can't think of a film.
@SpacemanSpiff, whenever I see your posts I just think of Calvin and Hobbes (which is pretty good since its one of my favourite strips and probably the only 'funny' that can also make me cry. Waterstone is a genius).
471.
Post 9066919 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
So who has cut their looses and who is still hodling?
I decided to not bother trading and am just sitting this shit out now -- may even put my coins in storage and forget about them.
472.
Post 9067234 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
New Rose Hotel
Never heard of it but:
New Rose Hotel is a 1998 Cyberpunk film by director Abel Ferrara, based on a William Gibson story of the same name, starring Christopher Walken, Willem Dafoe and Asia Argento.but Ferrara, Gibson, Walken and Defoe sounds like a pretty good mix.
Many thanks
473.
Post 9067274 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
Anyone notice that risto has been quiet lately? I guess he's picked up the carpet bag and is on to his next swindle, now that monero also proved to be a pump and dump scheme.
"rpietila Calling the Bottom"
https://bitcointalk.org/index.php?topic=740394.0 Sad that a few people here actually still listen to this guy.
Been a whack job since day 1. Lucky early adopter that's probably losing everything he made one day at a time until he's broke.
I think he brokers trades for others which probably means he comes out ahead no matter what happens.
Until we break $340, he's not wrong.
lol
I wonder how much fiat did that clown burn til now.
He can always sell Mala Towers or whatever his mansion is called.
474.
Post 9067624 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
I am sure Risto has better things to do than hang out on this thread.
Perhaps flogging as much Monero as he can?
475.
Post 9073846 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
If bitcoin survises that fucking 2014 I'm happy enough.
we can only hope.
Your posts in last days are really desperated...
I miss your positivity like buy buy buy around $550 few hours before gox crash.
lol!
i can't help the way i feel... back then i felt like nothing could stop bitcoin my target was 3000$
remember me screaming in this thread during the US Senate meeting
Yep, I also remember you getting arrested at the height of the ATH....what fun BTC has brought you
476.
Post 9074211 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
I am the chairman...........of the bored.
Don't worry.
477.
Post 9074511 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
We get it Fonzie, you like acid.
478.
Post 9074861 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.18h):
A walrus is also a mini-whale, which i am about to become soonish
Very happy for you although your grasp of biological classification is tenuous -- I recommend you keep taking the blotters
479.
Post 9078742 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
“I felt lethal, on the verge of frenzy. My nightly bloodlust overflowed into my days and I had to leave the city. My mask of sanity was a victim of impending slippage. This was the bone season for me and I needed a vacation.”
"We buy balloons, we let them go.”
"Disintegration. I'm taking it in stride.”
"I will hunt you down and strip your skin off and use it as a jumping rope......sorry..... I mean, buy now, if it goes lower buy more"
480.
Post 9078983 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
"Mr Kimball, you'll have to excuse me. I have a lunch meeting with Cliff Huxtable at the Four Seasons in 20 minutes."
481.
Post 9079453 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
So cheap coins are now or should I wait for even cheaper prices?
Why would these dumpers stop here? They will go on till Bitcoin is completely worthless.
I don't have a problem with cheap coins.
PS: The multi month downtrend isn't manipulated/manufactured, it's because there isn't enough buying to counteract the supply.
How do you know Blitz?
It is fairly obvious supply/demand economics; the idea that there is some shadowy individual/group systematically dumping thousands of coins (simply to annoy Shroomskit mainly) is pretty fanciful.
If these 'dumpers' wanted to kill BTC, had this many 10 of thousands of coins and didn't care about funds they would have crashed the market, dramatically and brutally. If they wanted to cash out and did care about funds they would have let the market recover organically and sold more slowly.
Why is it so strange that there is a lack of confidence at present so people are selling -- I suspect many of the people who talk their book here are actually selling, even though they claim to be dyed in the wool cultists. Over on ToF, they all talk about buying in lower and lower. So, in some respect Shroomskit is right, the 'buy back' strategy is bad for BTC because greed means supporters are willing to sell and let the price slide.
All of this becomes a negative feedback loop.
482.
Post 9085312 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
What's interesting is days destroyed is basically at zero. All the coins being moved to exchanges to be sold are probably very new. The theory Chinese miners are selling to get their money offshore denominated in USD is pretty interesting.
I will keep coming back to BurtW's post on mining breakeven costs based around energy, which projects a mid October price of $233. If miner's are selling there comes a price point where buying is more cost effective than mining. I could see a bottom around $250.
When calculated in the OP over the time period from March 14, 2013 to March 13, 2014 the average increase in the difficulty and hash rate was
23.92% per adjustment period and the average length of each adjustment period was
11.38 days.
Recalculated over the period June 29, 2013 to June 29, 2014 it was
23.45% and
11.41 days.
Now, recalculating over the period August 24, 2013 to August 31, 2014 it is
21.12% and
11.63 days.
Assuming the network growth rate over the next year is the same as it was this last year we get:
Hash Rate Power Energy Cost Cost
Date Difficulty TH/s MW MWh $/Period $/BTC
--------- ------------------ ---------- ------ ---------- -------------- ----------
11-Sep-14 33,220,936,877 237,808 238 66,349 $6,634,853 $131.64
23-Sep-14 40,236,446,759 288,028 288 80,360 $8,035,984 $159.44
04-Oct-14 48,733,473,526 348,853 349 97,330 $9,733,002 $193.12
16-Oct-14 59,024,880,009 422,523 423 117,884 $11,788,392 $233.90
28-Oct-14 71,489,598,585 511,750 512 142,778 $14,277,833 $283.29
08-Nov-14 86,586,583,575 619,820 620 172,930 $17,292,988 $343.11
20-Nov-14 104,871,710,060 750,712 751 209,449 $20,944,876 $415.57
02-Dec-14 127,018,241,359 909,246 909 253,680 $25,367,960 $503.33
13-Dec-14 153,841,618,762 1,101,258 1,101 307,251 $30,725,098 $609.62
25-Dec-14 186,329,486,300 1,333,819 1,334 372,135 $37,213,544 $738.36
05-Jan-15 225,678,056,071 1,615,491 1,615 450,722 $45,072,202 $894.29
17-Jan-15 273,336,153,086 1,956,646 1,957 545,904 $54,590,430 $1,083.14
29-Jan-15 331,058,561,407 2,369,846 2,370 661,187 $66,118,694 $1,311.88
09-Feb-15 400,970,635,767 2,870,303 2,870 800,815 $80,081,465 $1,588.92
21-Feb-15 485,646,557,708 3,476,447 3,476 969,929 $96,992,858 $1,924.46
05-Mar-15 588,204,117,648 4,210,593 4,211 1,174,756 $117,475,554 $2,330.86
16-Mar-15 712,419,512,763 5,099,775 5,100 1,422,837 $142,283,732 $2,823.09
28-Mar-15 862,866,387,600 6,176,732 6,177 1,723,308 $172,330,835 $3,419.26
08-Apr-15 1,045,084,236,901 7,481,119 7,481 2,087,232 $208,723,207 $4,141.33
20-Apr-15 1,265,782,371,309 9,060,961 9,061 2,528,008 $252,800,823 $5,015.89
02-May-15 1,533,086,956,002 10,974,431 10,974 3,061,866 $306,186,635 $6,075.13
13-May-15 1,856,840,218,301 13,291,983 13,292 3,708,463 $370,846,321 $7,358.06
25-May-15 2,248,962,841,151 16,098,949 16,099 4,491,607 $449,160,670 $8,911.92
06-Jun-15 2,723,892,885,897 19,498,682 19,499 5,440,132 $544,013,236 $10,793.91
17-Jun-15 3,299,117,405,623 23,616,363 23,616 6,588,965 $658,896,517 $13,073.34
29-Jun-15 3,995,816,323,188 28,603,604 28,604 7,980,405 $798,040,547 $15,834.14
10-Jul-15 4,839,642,281,734 34,644,038 34,644 9,665,686 $966,568,646 $19,177.95
22-Jul-15 5,861,665,181,962 41,960,074 41,960 11,706,861 $1,170,686,065 $23,227.90
03-Aug-15 7,099,516,184,307 50,821,092 50,821 14,179,085 $1,417,908,463 $28,133.10
14-Aug-15 8,598,773,298,472 61,553,356 61,553 17,173,386 $1,717,338,634 $34,074.18
26-Aug-15 10,414,639,578,109 74,552,032 74,552 20,800,017 $2,080,001,680 $41,269.87
07-Sep-15 12,613,975,712,232 90,295,733 90,296 25,192,510 $2,519,250,952 $49,985.14
In other words something has got to give by the end of the year, or actually before December 1One problem I have with this is the assumption that big miners are in it for BTC and not fiat. I don't know everyone's motives but I am sure that for some it is an opportunistic business model (ie buy ASIC's, mine, sell, profit). As such what gives is price and it's a race to the bottom in terms of who has the cheapest electricity. Hardware is a sunk cost now, so it makes sense to continue to mine as long as your electicity costs less than than you can sell the BTC for, even if that means just minimising losses (on sunk costs), for all those miners whose goal is not to accumulate BTC.
We hear many times that miners will just hoard or switch off and buy instead. IMO only those that are true believers and not in it for fiat will do so. The rest will get what they can out of their equipment while they can. Many a bad investment decision has been made in the past and will be in the future in many industries. Why this mythical illusion that BTC is so different?
It looks very much like mining bubble to me
EDIT : In conclusion is it not a perfectly reasonable proposition that difficulty could nosedive to match current price as inefficient miners who are in it for fiat simply switch off their hardware at some point and exit the game or wait for their equipment to become profitable again, if ever? The assumption that they will simply buy BTC instead seems deeply flawed. Meanwhile the BTC inflation rate (supply) will remain constant. In the absence of new demand where does price go ?
I agree that the idea that miners 'start buying' is deeply flawed but when mining becomes unprofitable they will stop mining, supply will be reduced and the price will stabilise. Is this not part of the big "Satoshi Plan" of checks and balances for the functioning of BTC anyway; at the moment we have a confluence of negative factors: too much supply and negative sentiment due to Gox, Neo et al.
When the miners stop the flow of coins the price will find equilibrium and sentiment will return with a stable price.
Simples.
483.
Post 9085635 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
What's interesting is days destroyed is basically at zero. All the coins being moved to exchanges to be sold are probably very new. The theory Chinese miners are selling to get their money offshore denominated in USD is pretty interesting.
I will keep coming back to BurtW's post on mining breakeven costs based around energy, which projects a mid October price of $233. If miner's are selling there comes a price point where buying is more cost effective than mining. I could see a bottom around $250.
When calculated in the OP over the time period from March 14, 2013 to March 13, 2014 the average increase in the difficulty and hash rate was
23.92% per adjustment period and the average length of each adjustment period was
11.38 days.
Recalculated over the period June 29, 2013 to June 29, 2014 it was
23.45% and
11.41 days.
Now, recalculating over the period August 24, 2013 to August 31, 2014 it is
21.12% and
11.63 days.
Assuming the network growth rate over the next year is the same as it was this last year we get:
Hash Rate Power Energy Cost Cost
Date Difficulty TH/s MW MWh $/Period $/BTC
--------- ------------------ ---------- ------ ---------- -------------- ----------
11-Sep-14 33,220,936,877 237,808 238 66,349 $6,634,853 $131.64
23-Sep-14 40,236,446,759 288,028 288 80,360 $8,035,984 $159.44
04-Oct-14 48,733,473,526 348,853 349 97,330 $9,733,002 $193.12
16-Oct-14 59,024,880,009 422,523 423 117,884 $11,788,392 $233.90
28-Oct-14 71,489,598,585 511,750 512 142,778 $14,277,833 $283.29
08-Nov-14 86,586,583,575 619,820 620 172,930 $17,292,988 $343.11
20-Nov-14 104,871,710,060 750,712 751 209,449 $20,944,876 $415.57
02-Dec-14 127,018,241,359 909,246 909 253,680 $25,367,960 $503.33
13-Dec-14 153,841,618,762 1,101,258 1,101 307,251 $30,725,098 $609.62
25-Dec-14 186,329,486,300 1,333,819 1,334 372,135 $37,213,544 $738.36
05-Jan-15 225,678,056,071 1,615,491 1,615 450,722 $45,072,202 $894.29
17-Jan-15 273,336,153,086 1,956,646 1,957 545,904 $54,590,430 $1,083.14
29-Jan-15 331,058,561,407 2,369,846 2,370 661,187 $66,118,694 $1,311.88
09-Feb-15 400,970,635,767 2,870,303 2,870 800,815 $80,081,465 $1,588.92
21-Feb-15 485,646,557,708 3,476,447 3,476 969,929 $96,992,858 $1,924.46
05-Mar-15 588,204,117,648 4,210,593 4,211 1,174,756 $117,475,554 $2,330.86
16-Mar-15 712,419,512,763 5,099,775 5,100 1,422,837 $142,283,732 $2,823.09
28-Mar-15 862,866,387,600 6,176,732 6,177 1,723,308 $172,330,835 $3,419.26
08-Apr-15 1,045,084,236,901 7,481,119 7,481 2,087,232 $208,723,207 $4,141.33
20-Apr-15 1,265,782,371,309 9,060,961 9,061 2,528,008 $252,800,823 $5,015.89
02-May-15 1,533,086,956,002 10,974,431 10,974 3,061,866 $306,186,635 $6,075.13
13-May-15 1,856,840,218,301 13,291,983 13,292 3,708,463 $370,846,321 $7,358.06
25-May-15 2,248,962,841,151 16,098,949 16,099 4,491,607 $449,160,670 $8,911.92
06-Jun-15 2,723,892,885,897 19,498,682 19,499 5,440,132 $544,013,236 $10,793.91
17-Jun-15 3,299,117,405,623 23,616,363 23,616 6,588,965 $658,896,517 $13,073.34
29-Jun-15 3,995,816,323,188 28,603,604 28,604 7,980,405 $798,040,547 $15,834.14
10-Jul-15 4,839,642,281,734 34,644,038 34,644 9,665,686 $966,568,646 $19,177.95
22-Jul-15 5,861,665,181,962 41,960,074 41,960 11,706,861 $1,170,686,065 $23,227.90
03-Aug-15 7,099,516,184,307 50,821,092 50,821 14,179,085 $1,417,908,463 $28,133.10
14-Aug-15 8,598,773,298,472 61,553,356 61,553 17,173,386 $1,717,338,634 $34,074.18
26-Aug-15 10,414,639,578,109 74,552,032 74,552 20,800,017 $2,080,001,680 $41,269.87
07-Sep-15 12,613,975,712,232 90,295,733 90,296 25,192,510 $2,519,250,952 $49,985.14
In other words something has got to give by the end of the year, or actually before December 1One problem I have with this is the assumption that big miners are in it for BTC and not fiat. I don't know everyone's motives but I am sure that for some it is an opportunistic business model (ie buy ASIC's, mine, sell, profit). As such what gives is price and it's a race to the bottom in terms of who has the cheapest electricity. Hardware is a sunk cost now, so it makes sense to continue to mine as long as your electicity costs less than than you can sell the BTC for, even if that means just minimising losses (on sunk costs), for all those miners whose goal is not to accumulate BTC.
We hear many times that miners will just hoard or switch off and buy instead. IMO only those that are true believers and not in it for fiat will do so. The rest will get what they can out of their equipment while they can. Many a bad investment decision has been made in the past and will be in the future in many industries. Why this mythical illusion that BTC is so different?
It looks very much like mining bubble to me
EDIT : In conclusion is it not a perfectly reasonable proposition that difficulty could nosedive to match current price as inefficient miners who are in it for fiat simply switch off their hardware at some point and exit the game or wait for their equipment to become profitable again, if ever? The assumption that they will simply buy BTC instead seems deeply flawed. Meanwhile the BTC inflation rate (supply) will remain constant. In the absence of new demand where does price go ?
I agree that the idea that miners 'start buying' is deeply flawed but when mining becomes unprofitable they will stop mining, supply will be reduced and the price will stabilise. Is this not part of the big "Satoshi Plan" of checks and balances for the functioning of BTC anyway; at the moment we have a confluence of negative factors: too much supply and negative sentiment due to Gox, Neo et al.
When the miners stop the flow of coins the price will find equilibrium and sentiment will return with a stable price.
Simples.
No ... until the next halving, supply is a constant no matter how many miners mine or what the hash rate is. The unprofitable miners will stop mining, maybe, but that has no effect on the BTC inflation/emission rate, which remains a constant until the next halving regardless of how many miners there are. Whatever the hash rate, the same number of BTC will be mined in the same time (excluding small variance between difficulty adjustments). This is a fundamental part of the BTC protocol - the emission rate is a constant until the 'halvings'
Supply is fixed in this equation, re how many BTC are mined. The variables are difficulty and hash rate, but these have no effect on supply, just on profitability of miners.
If every other miner shut down and you and I could mine the (approx) 3600 BTC per day on laptops once the difficulty rapidly adjusted downwards.
Sure, the network would be massively open to a 51% attack, but I am taking it to en extreme to demonstrate what I believe is a poorly understood function of the BTC supply/demand equilibrium
We'd better get the entire 21M of the buggers mined then and get things simplified then.
484.
Post 9085985 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
One problem I have with this is the assumption that big miners are in it for BTC and not fiat. I don't know everyone's motives but I am sure that for some it is an opportunistic business model (ie buy ASIC's, mine, sell, profit). As such what gives is price and it's a race to the bottom in terms of who has the cheapest electricity. Hardware is a sunk cost now, so it makes sense to continue to mine as long as your electicity costs less than than you can sell the BTC for, even if that means just minimising losses (on sunk costs), for all those miners whose goal is not to accumulate BTC.
We hear many times that miners will just hoard or switch off and buy instead. IMO only those that are true believers and not in it for fiat will do so. The rest will get what they can out of their equipment while they can. Many a bad investment decision has been made in the past and will be in the future in many industries. Why this mythical illusion that BTC is so different?
It looks very much like mining bubble to me
EDIT : In conclusion is it not a perfectly reasonable proposition that difficulty could nosedive to match current price as inefficient miners who are in it for fiat simply switch off their hardware at some point and exit the game or wait for their equipment to become profitable again, if ever? The assumption that they will simply buy BTC instead seems deeply flawed. Meanwhile the BTC inflation rate (supply) will remain constant. In the absence of new demand where does price go ?
I agree that the idea that miners 'start buying' is deeply flawed but when mining becomes unprofitable they will stop mining, supply will be reduced and the price will stabilise. Is this not part of the big "Satoshi Plan" of checks and balances for the functioning of BTC anyway; at the moment we have a confluence of negative factors: too much supply and negative sentiment due to Gox, Neo et al.
When the miners stop the flow of coins the price will find equilibrium and sentiment will return with a stable price.
Simples.
No ... until the next halving, supply is a constant no matter how many miners mine or what the hash rate is. The unprofitable miners will stop mining, maybe, but that has no effect on the BTC inflation/emission rate, which remains a constant until the next halving regardless of how many miners there are. Whatever the hash rate, the same number of BTC will be mined in the same time (excluding small variance between difficulty adjustments). This is a fundamental part of the BTC protocol - the emission rate is a constant until the 'halvings'
Supply is fixed in this equation, re how many BTC are mined. The variables are difficulty and hash rate, but these have no effect on supply, just on profitability of miners.
If every other miner shut down and you and I could mine the (approx) 3600 BTC per day on laptops once the difficulty rapidly adjusted downwards.
Sure, the network would be massively open to a 51% attack, but I am taking it to en extreme to demonstrate what I believe is a poorly understood function of the BTC supply/demand equilibrium
We'd better get the entire 21M of the buggers mined then and get things simplified then.
And therein lies the problem ... the emission rate is mapped out in advance and an intrinsic part of the protocol ... no way to speed it up without a hard fork. Actually, speeding it up would make things worse right now. Hence the focus on the block reward halving in 2016 (from 25 to 12.5 BTC per block I believe) as a catalyst for the next rally ... LESS SUPPLY !!
Well then, we're screwed. If these big mining operations don't believe BTC is worth anything as an investment and simply want quick USD profits (or as has been suggested are using it as a way of getting funds out of China) then we are going to have an over-supply which will lead to even lower prices and even fewer people buying or using. Another year of this and I can't see there being any positive sentiment around BTC.
485.
Post 9086122 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
One problem I have with this is the assumption that big miners are in it for BTC and not fiat. I don't know everyone's motives but I am sure that for some it is an opportunistic business model (ie buy ASIC's, mine, sell, profit). As such what gives is price and it's a race to the bottom in terms of who has the cheapest electricity. Hardware is a sunk cost now, so it makes sense to continue to mine as long as your electicity costs less than than you can sell the BTC for, even if that means just minimising losses (on sunk costs), for all those miners whose goal is not to accumulate BTC.
We hear many times that miners will just hoard or switch off and buy instead. IMO only those that are true believers and not in it for fiat will do so. The rest will get what they can out of their equipment while they can. Many a bad investment decision has been made in the past and will be in the future in many industries. Why this mythical illusion that BTC is so different?
It looks very much like mining bubble to me
EDIT : In conclusion is it not a perfectly reasonable proposition that difficulty could nosedive to match current price as inefficient miners who are in it for fiat simply switch off their hardware at some point and exit the game or wait for their equipment to become profitable again, if ever? The assumption that they will simply buy BTC instead seems deeply flawed. Meanwhile the BTC inflation rate (supply) will remain constant. In the absence of new demand where does price go ?
I agree that the idea that miners 'start buying' is deeply flawed but when mining becomes unprofitable they will stop mining, supply will be reduced and the price will stabilise. Is this not part of the big "Satoshi Plan" of checks and balances for the functioning of BTC anyway; at the moment we have a confluence of negative factors: too much supply and negative sentiment due to Gox, Neo et al.
When the miners stop the flow of coins the price will find equilibrium and sentiment will return with a stable price.
Simples.
No ... until the next halving, supply is a constant no matter how many miners mine or what the hash rate is. The unprofitable miners will stop mining, maybe, but that has no effect on the BTC inflation/emission rate, which remains a constant until the next halving regardless of how many miners there are. Whatever the hash rate, the same number of BTC will be mined in the same time (excluding small variance between difficulty adjustments). This is a fundamental part of the BTC protocol - the emission rate is a constant until the 'halvings'
Supply is fixed in this equation, re how many BTC are mined. The variables are difficulty and hash rate, but these have no effect on supply, just on profitability of miners.
If every other miner shut down and you and I could mine the (approx) 3600 BTC per day on laptops once the difficulty rapidly adjusted downwards.
Sure, the network would be massively open to a 51% attack, but I am taking it to en extreme to demonstrate what I believe is a poorly understood function of the BTC supply/demand equilibrium
We'd better get the entire 21M of the buggers mined then and get things simplified then.
And therein lies the problem ... the emission rate is mapped out in advance and an intrinsic part of the protocol ... no way to speed it up without a hard fork. Actually, speeding it up would make things worse right now. Hence the focus on the block reward halving in 2016 (from 25 to 12.5 BTC per block I believe) as a catalyst for the next rally ... LESS SUPPLY !!
Well then, we're screwed. If these big mining operations don't believe BTC is worth anything as an investment and simply want quick USD profits (or as has been suggested are using it as a way of getting funds out of China) then we are going to have an over-supply which will lead to even lower prices and even fewer people buying or using. Another year of this and I can't see there being any positive sentiment around BTC.
you think all the bitcoin market put together can't handle 25 BTC every ten mins?
speculation is the thing that makes all these other things completely irrelevant to price.
Clearly it can't.
Pretty much everything is irrelevant to you with regard to BTC Adam, and while I'm very happy you have such great faith in it, its important to realise that most people clearly have the inverse opinion.
I recall Jorge made a prediction long, long ago that as BTC dwindled in price the market would comprise of fewer and fewer adherents, desperately selling back and forth to each other. That is what seems to be happening at present: there are no new buyers.
486.
Post 9086285 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
some troll buying at 323 selling at 333...
YEah,, those trolls making profit....goddam them.
487.
Post 9086326 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Just looking at the daily chart (stamp): out of the last 28 days (not including today) 21 have been 'red' days.
I'm struggling to find a period in BTC trading worse -- and I've been looking at 2011 and June - August 2013.
488.
Post 9086850 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Perhaps God was sending you a message through your husband
Heh, there is a joke along those lines. It also touches on your tsunami experience though so I'll leave it at that.
I think I know the one !! Fire away
Something about a boat and a helicopter by any chance ??
I should probably apologise ... I wasn't offended by Empowering's words, it just touched upon something that will stay with me forever, and I guess I wanted to share it as it has shaped my life thereafter.
That's the one
It wouldn't be the first time, and very likely not the last time I regretted not listening to both God and my husband.
However, with regards to Bitcoin, hubby tends to be way more bearish than me. He likes to sell at the bottom and buy at when it is rising towards the top. I was telling my friend that the fact he finally wanted to sell today must be proof we hit rock bottom.
I had peace about holding though. This is actually weird for me. I tend to worry far to much so I am thankful that I can not worry about Bitcoin. Now if I could just pry myself away from these message boards. I think many of you would rather I wasn't here anyways.
Everyone here gets tetchy in hard times, even more so with those who maintain a positive attitude. When (if) we see a reversal everyone will love you again BitChick .....
men.... they're so fickle
489.
Post 9086886 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Just looking at the daily chart (stamp): out of the last 28 days (not including today) 21 have been 'red' days.
I'm struggling to find a period in BTC trading worse -- and I've been looking at 2011 and June - August 2013.
I find it crazy that there hasnt been a single bulltrap in over 2 weeks of pure downtrend.
-30+% in 30 days and seemingly no panic about missing the train...
Very bad? Or just a very overdue trap? I cant see how $400 wont be revisited before $300 falls, but I said $355 or so was a bounce point yesterday and yet here we are.
No one has been able to present any rational clues on this.
I think the economy is so bad there is no disposable income left over to put into
BTC, even it people wanted to buy.
Just my .0001
BTC.
A couple of hours ago the bid/ask ratio looked like we could stage a stealthy climb back but (yet again) the ask side just fills up. Resistance is
futile overwhelming.
You can understand why there are so many conspiracy theories; indeed, I'm thinking the best investment option is shares in...
490.
Post 9088939 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Feels like capitulation to me
Haven't heard that before in the last 3 months.
Really, I thought you heard it all numerous times before? Why do you still bother coming here?
God, it's like 'listening' to a couple of eight year olds.
491.
Post 9088955 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
I'm currently plotting a chart that shows a relationship between the price and the attacks on Jorge. Nice work guys.
492.
Post 9088991 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Feels like capitulation to me
Haven't heard that before in the last 3 months.
Really, I thought you heard it all numerous times before? Why do you still bother coming here?
God, it's like 'listening' to a couple of eight year olds.
Real mature response from your part. Keep up the mature attitude.
Did you learn a new word at school today, dear. Bless.
Here's some new ones for tomorrow.
Ignore (v.t.)
Ignoramus (n)
Ignorant (adj)
493.
Post 9089019 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
SO, down to 307 on Stamp and the US waking up, bleary eyed on a Sunday morning.
This is going to be a bloodbath.
494.
Post 9089390 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
...
DEFINITION of 'Oversold'
...
lol
am I seeing the definition of a bag holder, fonzie?
*cough cough* a bit of , i bought in huge with fresh money around ~330$. Still not convinced that we go to double digits.
Hahhha..you are the Walrus!
(goo goo g'joob g'goo goo g'joob.)
495.
Post 9089479 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Something to keep in mind,
BTC's market cap is 5 billion, compare to following,
"Competition in the mutual fund business exploded this week as rivals sparred for a share of the billions of dollars flowing out of Pacific Investment Management Co., which commands $2 trillion in investments. .
Gross, known on Wall Street as the "bond king," stirred up the industry last month when he quit — after clashing with other Pimco executives — to run a comparatively tiny portfolio for Janus Capital Management. Investors responded by pulling $23.5 billion from Pimco's Total Return Fund, which Gross had personally managed."
One bond mutual fund is 2 trillion market cap.
When this "big money" pours into BTC the price will skyrocket.
posting this every few hours isn't going to make these people more likely to invest in BTC. Just saying.
496.
Post 9090151 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Monster Whale is back to SAVE us. Walls at 300, Panic Buy now
just because there's a wall down there doesn't mean he/she/it is actually buying
watch those awesome walls vanish once someone starts to fill that order. it's just there to make you put your own order on top of that
497.
Post 9090853 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
now it is a very good price to buy price!!!
I AM ALL IN
I've been told exactly that pretty much daily for the last 10 months.
Also please don't get upset if a trader will dump right in your face after you bought your cheap coins. That's their nature.
can't blame them for snacking every profit possible in this situation
I can blame them for Bitcoin going to shit.
God damn you're stupid.
Welcome to my ignore list.
These pages must be virtually empty for Shroomsy: its probably easier to ask who's not on ignore.
498.
Post 9090910 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
And there we go, thats the pattern for the w/e -- we get some upward pressure and the ask side fills in: 400+ coins @315.
Testing 300 within the hour, I reckon.
499.
Post 9090979 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
300 looking quite tough. And a 6k buy on stamp takes us to $400 :s
2014 was indeed a shit year for bitcoin!
2015 should be more fun
and 2016....oh boy, that's the fireworks
edit: the next 89 seconds are
criticalPlease, get it right ...
critical
500.
Post 9091031 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
501.
Post 9091082 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
The next crash?
I guess we'll soon find out if that wall is fake or not.
I thought the blue rubber glove may have given you a hint as to what the message was, but yeah....300 is going to be tested.
Nurse suggests the patient relax and take some deep breathes...this may sting a little.
502.
Post 9091418 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Decent feature, thanks. I note with interest:
"There’s a feedback loop at work here that should be self correcting. If Bitcoin truly crashes from here, mining will become less profitable and thus the new supply reaching the market will slow. "
Which is basically what I posted about 12 hours back and got slapped down by Pheonix1. Pheonix, you'd better write to Forbes, tell them "how poorly they understand BTC".
503.
Post 9091432 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
So i just tried 247exchange.com.
It worked smooth and easy. It took me me 5 min for registration and paying (i used sofortbanking). I recevied my BTC about 15 min. later on my wallet adress.
Max. amount that i could buy was 25 BTC. Buying LTC and DOGE isn´t possible right now, but is about to get implemented.
24/7 online support acted promptly after i complained because i didn´t receive my BTC after 5 min.
Did you use a stolen CC from SR?
504.
Post 9091684 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
BRUTAL
505.
Post 9091708 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
Yeah, me too. You didn't need to be a genius to see this coming.
506.
Post 9091728 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.19h):
That was like what, a 20K wall he slapped in at 300, just to flex his muscle.
impressive
507.
Post 9091772 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
WOW, its back...32K @ 300...sheesh this guy is havin fun
508.
Post 9091833 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
WOW, its back...32K @ 300...sheesh this guy is havin fun
So one entity has over 30k btc in Bitstamp...
Well, given the figures before and the fact this jumped in from nowhere...yes, it looks like it.
509.
Post 9091859 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
And ...poof...like that it was gone
Its back only bigger!
510.
Post 9091918 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
If this is Loaded I suspect he is accumulating for a client at sub300.
511.
Post 9097701 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Mr Wall is breaking
http://btccharts.com/ .....LOL
Phew...sold at 320.....so next reentry point folks?
512.
Post 9097750 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Looks rubbish, can't understand why people are trying to pump it. CCN ran a story about how 400 EU banks now allow you to buy bitcoin whilst not mentioning that such a claim is complete bullshit. It's like saying "VISA now support bitcoin because you can use your card on Circle"
Mainstream media is struggling to make ends meet, and resorted to prostitution. Even respected newspapers liek the NYT are now publishing "native advertising" -- paid advertising that looks like news.
Yep, even the Guardian (that bastion of UK liberalism) prints 'green' stories but then runs 'sponsored' stories by large energy companies.
Mainstream media is in trouble.
513.
Post 9097822 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Not sure how anyone can still claim this is a seller rather than an accumulator -- this wall is keeping the price down for buyers. If he wanted to sell, he could have dumped 500 coins every few hours over the next week and got a bigger net reward.
I know (from last night) its not Loaded, but I still suspect this is a contracted job for a client to buy BTC for a third party at a specific price range.
514.
Post 9097889 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
i like that market isn't trading infront of it... yet...
No, I thought of taking a nibble, but don't want to piss him off.
I actually executed a buy order at 305 last niht (my time) seconds before he dumped 8K or whatever it was (bit of a sickener), so I'm not going near the guy again lol.
515.
Post 9098010 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
We know from a few hours ago that this guy has at least hidden 8000-10000BTC(probably way more) bids on Stamp that do not appear on the orderbook right now.
Those funds are going to "help" make his wall dissappear after that we are ready to shoot up. Call me batshit crazy but that is going to happen.
It´s called upwards manipulation(after accumulation is finished), and it has happened many times before in BTC history. What do you think how many are going to jump in buying overwhelm crazy after that wall has been "eaten". He´s going to give away 10% to the market , rest will be bought by himself, watch these 1-3000 BTC at the end when it´s going down to get near or lower than 10000BTC.
True story.
+1 Fonzie...I guess us BTCe old timers have seen it all before
Only not on such a truly epic scale.
I imagine the Stamp owners are a bit annoyed -- the running tap of trades income has dried up
516.
Post 9098038 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
517.
Post 9098096 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
LOL @ 250
BTC bid wall a penny beneath the 21k ask wall.
Yes, great isn't it....I think this is confirmation the guy isn't a genuine seller ie...he would have gulped that down (unless he has gone off to restock on coke and hookers
)
518.
Post 9098143 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
This is it.
Spooderman is calling the bottom.
ALWAYS take advice from memes.
(The last 24 hours were critical)
criticalDamn it man...get it right
519.
Post 9098373 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Saw this over on ToF...interesting stuff for those who claim mining ops aren't over-extended
Also, this comment from Goat
bitstamp will notice this, who would risk 35k btc on a site where it could be locked down? my bet this is an old school whale who is friends or even an owner of bitstamp. i highly doubt its stolen funds. this is a big boy play.
520.
Post 9098501 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Saw this over on ToF...interesting stuff for those who claim mining ops aren't over-extended
Also, this comment from Goat
bitstamp will notice this, who would risk 35k btc on a site where it could be locked down? my bet this is an old school whale who is friends or even an owner of bitstamp. i highly doubt its stolen funds. this is a big boy play.
A quote from Goat? Where is he posting these days?
He's over on Risto's forum -- cryptocrypt.org
521.
Post 9098521 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
What do you guys think about this theory talked about in the BTC-e troll box.
Its the 2013 gox wall all over again. He's creating a pressurecooker while buying on all other exchanges, hes been downtrending stamp and thus BTC for months, now he is selling to USD while buying BTC and using the USD later on stamp to support the new rally.
This is exactly what Fonzie was saying earlier -- it's an old mega-whale tactic from back in the day on Gox and BTC-e. Now this guy is out in the open its incredibly bullish IMHO.
522.
Post 9098527 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
That it is Finney's wife who's cashing out sounds very believable to me. Is there anything at all to support this?
Someone disproved this hours ago with a wallet address - I thought you were a bit more sensible than to embrace so much silver foil
523.
Post 9098563 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Uh oh...someone selling infront of the wall, someone's nerve has broken.
Next hour is
critical :D
524.
Post 9098611 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
I wonder if he goes "fuck it" and sticks in a market sell like last night: that would take us down to under $50 plus the panic sells, probably single figures.
If he wanted to destroy BTC, he could. So, I think we can actually discount that theory.
525.
Post 9098740 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
He's over on Risto's forum -- cryptocrypt.org
goat set-up cryptocrypt initially, some others manage it now (invite only) ... no idea why you think it is "Risto's forum".
I think it was Goat and Risto together (certainly from what I have gleaned there -- they are both very deferential to the other's involvement) and Risto certainly took the lead in the membership drive. I know Goat never likes to think of it as 'his', whereas I always imagine Risto to consider himself the public figure head. So, yeah, why not.
526.
Post 9098999 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Done my bit and bought a nibble.
It's tempting to walk away and return in eight hours but there's something hypnotic about such inaction.
527.
Post 9099028 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
...and buy a BTC (or thousand).
528.
Post 9099220 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
we tried to fix it with duct-tape
but the coins were still leaking out
if you can't duck it, fuck it.
529.
Post 9099431 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
I suspect we see a rerun of 10/12 hours ago: after all this pressure 'small' market sell, triggering a panic down to 250. Walls disappear and we rebound back to 320.
TL:DR more craziness ahead
530.
Post 9099438 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
I blame the Lannisters.
531.
Post 9099493 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
WHy must I need sleep? Expecting >$300 by then... a short lasting $350 or so.
You mean $250, no?
Perhaps some sleep is a good idea
532.
Post 9099531 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
So, in the last 4 hours Mr Whale has netted about 4.5MUSD from sales of the wall. His account page must look quite astonishing.
533.
Post 9099753 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Alright people I'm going to bed. It's impossible to sleep with this sort of drama though.
But in order for me to get anything done tomorrow I gotta get me some 7 hours.
So the next 7 hours are critical.
We gotcha covered, no worries.
534.
Post 9099766 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
bitcoinwisdom down for anyone else? only chart i can see is huobi
is good for me..
535.
Post 9099831 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
i've got a question.. so the sell wall whale is selling 30k coins via an exchange. how's he going to deposit that $9 million into his bank account without arousing suspicion?
No, he plans to buy back around 400-600, thereby halving his money. He will do this repeatedly in order to get rid of all his money and avoid suspicion.
edit: I have no idea about this. There are too many reasons why this human could be doing this.
It´s no human. It´s a bank, goverment o corporation group.
Link?
Link? Do you think all the people have 20 millons usd to play with bitcoin and lose millons selling low only to manipulate the price? This is a group, bank, goverment or walls street.
I think you are being rather short-sighted -- there are planty of billionaires out there, who made their money doing allsorts of things other than BTC trading. As someone mentioned earlier, most IT start-up buyouts by Facebook, Google, Microsoft etc are for money in excess of the entire BTC market capitalisation. And in many cases they are nonsense fads.
So, the idea of an individual manipulating the market is perfectly feasible, and probably more likely than some sort of conspiracy to "kill BTC". As I posted earlier, this could have been done quite easily 5 hours ago with a market order a fraction of the initial wall, causing a panic and crash to single figures.
536.
Post 9099888 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
14 972
537.
Post 9099948 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
14 972
Adam says it bigger.
Just sayin'.
Just check Wisdom or btccharts.
Honest...would I lie to you
538.
Post 9100021 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Running through all the potential possibilities over the next 4 hours, I'm wondering if anyone thinks:
Mr Wall returns from his slumber. Pulls wall and sets a market order for 5K.
Watches resulting panic and market tumbles to double (maybe even single figures).
He then uses the 5MUSD he has just collected at 300 to buy up ALL the coins, ending up being the largest holder of BTC and completely controlling the market.
As Windy would say: discuss.
539.
Post 9100038 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Font size can only be 10 times the size of your epeen.
What's an 'epeen'?
540.
Post 9100051 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Font size can only be 10 times the size of your epeen.
What's an 'epeen'? :/
electronic penis.. basically internet bragging rights.
You boys and your penises...you now have electronic ones too.
Sheesh, I feel old.
541.
Post 9100150 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Font size can only be 10 times the size of your epeen.
What's an 'epeen'? :/
electronic penis.. basically internet bragging rights.
You boys and your penises...you now have electronic ones too.
Sheesh, I feel old.
New to the internet I see...
Only since 1995 but I use it mainly for serious stuff; so slang for penis measuring is indeed a new one for me, thanks for revealing something new (as it were
).
542.
Post 9100159 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Font size can only be 10 times the size of your epeen.
What's an 'epeen'? :/
electronic penis.. basically internet bragging rights.
You boys and your penises...you now have electronic ones too.
Sheesh, I feel old.
New to the internet I see...
I had to google it too. Kids these days
LOL! Adam must be HUNG!
+1 LOL
etc
543.
Post 9100171 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
meanwhile...
13 939
544.
Post 9100205 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Few options as i see them:
1-He's an idiot/doesn't like money
2-He's a robin hood trying to spread wealth
3-It's manipulation in which case he has to have many more coins to drive the price even lower for rebuy (very risky and highly unlikely at these levels).
Market wants to go up. For 1 & 2 it'll shoot up once the wall is gone. Oddly enough leaning towards #2
Why do you discount 3?
Last night he market sold 8K. another move like that would trigger and extreme panic (8K alone gets us into 210 region before everyone else panics).
He then buys up new coins at whatever new low we sink to using the 5MUSD he's just accumulated in the last 5 hours at 300.
The more I consider this the more likely I think it could be....he's exhausted buyers.
545.
Post 9100329 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Few options as i see them:
1-He's an idiot/doesn't like money
2-He's a robin hood trying to spread wealth
3-It's manipulation in which case he has to have many more coins to drive the price even lower for rebuy (very risky and highly unlikely at these levels).
Market wants to go up. For 1 & 2 it'll shoot up once the wall is gone. Oddly enough leaning towards #2
Why do you discount 3?
Last night he market sold 8K. another move like that would trigger and extreme panic (8K alone gets us into 210 region before everyone else panics).
He then buys up new coins at whatever new low we sink to using the 5MUSD he's just accumulated in the last 5 hours at 300.
The more I consider this the more likely I think it could be....he's exhausted buyers.
He hasn't exhausted the buyers. He exhausted what little liquidity was at stamp. No sane person would keep millions on btc exchange for long time. Look at other exchanges even btc-e is above. Even arbs are getting exhausted. There's a lot of people waiting for banks to open to initiate wires. LOADED and goat are probably on the plane to Slovenia as we speak. Again it's possible but i don't think probable for someone to expect to be able to buy 30k coins bellow $300.
The other options i left out is front running the news. Like ETF not being approved or something of that nature.
Loaded was here last night and said a0 this wasn't him and b0 he'd be going over the counter for a client in this sort of circumstance. Goat is on ToF and says he is buying on BTC-e (only place he has funds).
I don't think this guy is trying to destroy the market, simply trying to exert even more control. Who knows but it's great viewing (even if a little nerve wracking as ones own money is being toyed with).
546.
Post 9100385 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
nom nom
12,417Really interesting hearing everyone's theories anyway
547.
Post 9100403 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Bitfinex...
Trying to move coins over to Finex and enjoy this arb opportunity but Stamp seems to dawdling.
I do hope we're not being Goxed here.
548.
Post 9100459 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
7317
wow
549.
Post 9100505 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
THIS IS MADNESS. ONLY 2000 BTC MORE ON THE WALL GET ON THE TRAIN FAST!!
500...what happens now
550.
Post 9100536 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Adam's gonna love this
551.
Post 9100565 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Fiat arrives (finally.)
COOL!
552.
Post 9100851 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
As pretty much always i was right.
LOL Mr Infallible.
553.
Post 9101361 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.20h):
Hilarious reading all the guess from people who can't be bothered to read back.
To clarify: MK has taken over BitStamp, has stopped withdrawals and reinstated 'Willybot"; the EFT has been announced; Africa adopted BTC continent wide....oh and Shroomsy made a packet.
Did I miss anything?
554.
Post 9103017 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Not too bad either, but I don't care much about the graph, I'd like the order depth and latest trades to be main focus.
E.g right now, this is my layout at zeroblock:
I'm pretty satisfied with that, but if there are any other sites like it which looks even more like clarkmoody/trading.i286 I'd like to take a look at those.
I used to like i286 but never understood the big deal with clarkmoody.
I prefer wisdom myself but use btccharts....you can modify the layouts how you want there so I don't understand why it wouldn't fit your needs. The only other option would be coinorama, which is pretty much jam packed with info.
555.
Post 9111233 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
After yesterday this is all very humdrum.
556.
Post 9111702 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
The only fully rational motivation I can see is if he was trying to achieve a low but stable price for a period of hours during which to secure an OTC deal in the other direction
This. I think you'll find the $300 ask was posted almost exactly at 01.00 UTC.
It's possible it was the target for a much larger deal that was going through or futures contract settlement time, perhaps even being targetted since July to have price at $300 on that day and time. Looked a lot like options expiry time manipulation often seen in the commodities markets.
Another great point
557.
Post 9112319 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
I'm not sure it is somehow simpler to assume that an irrational actor cost themselves millions of dollars, but OK.
We don't know that all these orders were even by the same person or group but assuming they were, let us remember that this was all kicked off by a market sell of around 8K. That doesn't seem to be the work of someone who is also manipulating the futures market 6 months in advance.
I really don't know and hope this inspires some investigative journalism to find out the 'truth'. It's great reading all the theories but I do think we should be careful not to ascribe too much complexity.
558.
Post 9112329 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
The volume on counterparty is crazy -- double Monero which usually leads all the alts on Polo -- and up 140%.
559.
Post 9112617 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Uhhooo...a bit of volume and back into the 320s.
All those waiting to buy back...say aye!
560.
Post 9112649 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Ahem....boys boys...look at the red please
561.
Post 9112692 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Ahem....boys boys...look at the red please
Shit, I need to cut my loose.
Be careful it could be that....
562.
Post 9112728 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Traders taking their shitty profit and dumping on new users. These traders will soon be here wondering why the price just won't go up.
563.
Post 9112864 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Traders taking their shitty profit and dumping on new users. These traders will soon be here wondering why the price just won't go up.
And i will keep repeating it as long as these idiots are trying to destroy Bitcoin.
They are obviously not trying to 'destroy' BTC (the manWhaleBear could have done it in 5mins yesterday) but are trading for profit. As much as I would like to live in a fairer, more equitable and co-operative world, daytraders and speculators are part of the landscape. They will keep taking short-term profits.
As someone said here (hypheymickey?)....if you want rainbows, unicorns and happy-endings get over to the securities forum.
564.
Post 9112905 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
They are obviously not trying to 'destroy' BTC (the manWhaleBear could have done it in 5mins yesterday) but are trading for profit. As much as I would like to live in a fairer, more equitable and co-operative world, daytraders and speculators are part of the landscape. They will keep taking short-term profits.
As someone said here (hypheymickey?)....if you want rainbows, unicorns and happy-endings get over to the securities forum.
More than anything I expect these high volume swings to attract even more speculators ultimately increasing adoption
A few top predators tend to keep an eco-system healthy; a sea full of sharks isn't going to be that attractive to most people.
565.
Post 9113213 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Good morning, So Bitcoin price is 4 times less than the ATH and people are cheering up for $20 and calling the next bubble and reversal !!!!? what a delusion, you have been doing this since $800
And oh, just look at the larger holders and early adopters shitting their pants @ twitter and in this forum, it is a hell of fun watching fear tearing the shit out of them.
Shitting? Fear? No, this has all happened before and will probably happen again..
Irritation, annoyance, yep... I wanted to buy a lambo before I turned 24 damn it.
Why do nerds/geeks have such an obsession with "lambos": is it some sort of compensatory reflex?
566.
Post 9113387 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Thanks for all the replies guys....it was somewhat of a rhetorical question. I do appreciate the concept of over-compensation
mb300sd -- "20% of your income partying" -- wow, that's a wild statement right there. Maybe on a real crazy w/e you blowout to 21.5?
Sorry, I'm just pulling your leg. You should think yourself lucky you didn't get a fast car - you probably would have killed yourself. Remember, the women who like "stuff and things" are generally not worth investing that most precious commodity in, time.
567.
Post 9115363 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
There are people who like Formula 1. And then there are people who like Nascar. And then there are people who like Monster Trucks.
I like cranes and bulldozers (but those are probably more boring than fast cars going round and round.)
The collective noun being dickheads?
Really, the male obsession over the internal combustion engine is quite pitiful.
568.
Post 9126006 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
golly gosh, this is dull
569.
Post 9126291 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Here we go
Afraid you just can't get the panic buyers these days
570.
Post 9126951 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Here we go
Afraid you just can't get the panic buyers these days
yep you go it ... the buyers at the bottom are the hardened bulls only, the panicked ones come late to the party only,
Old joke goes like this:
Old bull and a young bull standing on a hill over looking field of young heifers in the spring,
young bull says excitedly, "Hey lets lets run down there and screw some of those young heifers!!"
old bull replies confidently, " We gonna walk down there and screw them all."
I first heard that joke in 1987.
571.
Post 9128308 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Here we go
Afraid you just can't get the panic buyers these days
yep you go it ... the buyers at the bottom are the hardened bulls only, the panicked ones come late to the party only,
Old joke goes like this:
Old bull and a young bull standing on a hill over looking field of young heifers in the spring,
young bull says excitedly, "Hey lets lets run down there and screw some of those young heifers!!"
old bull replies confidently, " We gonna walk down there and screw them all."
I first heard that joke in 1987.
gets better with age eh old girl?
I certainly like to think
I'm getting better with age, I'm not so sure about that joke. I prefer another (I heard from the same source many years ago):
Three farmers are drinking in a bar at an international conference. The first, an Englishman, says, "If I want to drive around my holding I set off on my tractor first thing in the morning and I don't get back til lunch time."
The second, a Texan, says, "That's nothing, if I want to drive around my holding I set off on my tractor first thing in the morning and I don't get back til sunset."
The third farmer, an Israeli, says, "Oy vey, I used to have a tractor that slow."
As old as the internal combustion engine at least.
572.
Post 9135989 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Well, I'll stick my neck out here and say we will be down to the $330s within the next 6 hours.
Fire away...
573.
Post 9136280 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Well, I'll stick my neck out here and say we will be down to the $330s within the next 6 hours.
Fire away...
you mean like get down into the 330's and stay there for more then a few hours?
i dont think so..
at this point we'd be lucky to see 349
good chance we pop over 360 in the next few hours never to return again.
Tks to say what I want to hear
are you not watching the game?
this is what's happening...
357. still at ytd low.
and quite a few others (including our old mate, Mr I'm Right, "Chessnut") on trading view expect at least another dip before the end of year. Bullish but circumspect on ToF, too.
So, yes I'm watching but not getting carried away. Haven't you been watching the last ten months? False dawns in March, April, June, July always accompanied by high expectations -- a month ago you were saying never again under 400. C'mon, Adam, a little bit of caution goes a long way in this market.
Obviously, still bullish long-term, even medium but before years end, still lots of surprises I think (and will be happy if proved wrong
).
574.
Post 9136747 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
debating an a rather large bet here... large wall on virtex would allow me to do it with no slippage... fucking tempting...
~look u da man : just waiting on the hand signal and weeee move !
rotff
575.
Post 9137389 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.21h):
Still a classic, from back in the day
576.
Post 9139268 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.22h):
BTC breakout short term atm... Time to share...
MY ULTIMATE BEARISH CASE:
MY ULTIMATE BULLISH CASE:
currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines
edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USDYou have the right to ridicule me if this doesn't happen
Here we go again, another never post, I love these posts
Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.
I agree with you, and most of the TA I've been reading today suggests the same, maybe upto 500 or even 550 but we will keep travelling downwards in the next couple of months.
It's incredible how much (irrational) exuberance there has been since Monday. A great deal seems to be based on Adam whipping people into a frenzy with talk of rockets, trains etc. I'm beginning to find it all a bit tragic that you can't offer an rational opinion without being called a "bear troll" or similar.
But I do notice that we've gone back to posting random pictures of breasts, which is normally a good indicator that the collective IQ/attention span of the thread is dipping.
577.
Post 9148231 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.22h):
she's a fuckin lawyer, of course you can't get a straight answer out of her.
also, she's a woman. since when do women know how long anything takes. my wifes 5 mins can be several minutes to an hour
I bet she knows how long you take!
Absolutely, and I bet 5mins in the company of such a charming man like 'Piggles' would feel like an hour for most women.
578.
Post 9148357 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.22h):
Well, I stuck my neck out yesterday and foolishly made a prediction that was completely incorrect (revisiting the 330s yesterday).
However, I still think we are over-heated on enthusiasm and will be retesting 300 at least before we truly reverse market sentiment. Its' heartening to see a few more people here are beginning to step out from the red mist and actually look at things a bit more objectively. Adam reposting scenes from Armageddon does not a trading strategy make.
I'd be more inclined to think this may play out
https://www.tradingview.com/v/uWy5zTmF/
579.
Post 9148537 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.22h):
LOL, so you're saying we need to "prevent this disaster"?
580.
Post 9150213 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.22h):
she's a fuckin lawyer, of course you can't get a straight answer out of her.
also, she's a woman. since when do women know how long anything takes. my wifes 5 mins can be several minutes to an hour
I bet she knows how long you take!
Absolutely, and I bet 5mins in the company of such a charming man like 'Piggles' would feel like an hour for most women.
Oh look at that I made a sarcastic generalisation about women and someone got butthurt.
Calm down dear
Don't worry. She just hates men.
Not sure which version of Shroomskit I'm talking to but I think you know that's untrue; I hate the lazy, casual sexism that pervades this thread and the fact that as soon as there is any resistance to it, it prompts comments that you are either sensitive or 'hate men'.
I'm not going to get into this (mainly because I'm hopelessly outnumbered and have done it, fruitlessly, before nearly a year ago) but I do wonder if Piggles et al actually behave like this with their wives, partners and daughters in the 'real' world. I imagine not.
Back on topic: I'm not going to change my view supporting the theory that we'll back in the high 200's in the next 9 days.
581.
Post 9153660 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.22h):
I have been shorting since $387. I wasn't 100% sure it was time to short at the time, but I am fairly certain now. It looks like we are turning the corner in the wrong way. Perhaps the $350 range will hold, but I am expecting us to, at minimum, retest $300.
So that's my book and I don't wish to hide that I have a very obvious interest in it. But, apart from that, be careful. It looks like that was a dead cat bounce... and if not dead... critically ill cat.
Newbies...can't tell the difference between a cat and a honey badger.
Looks like the newb has better eyesight than you.
582.
Post 9174113 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
Press the uniform. Check the battle plans. Call up the reservists. Arm the bombers and refuel the tanks. Field Marshal George Osborne is going on manoeuvres.
On Monday in Washington, the chancellor of the exchequer will see if Britain is ready for war. A financial war that is. Along with his allies from the United States, he will play out a war game designed to show whether lessons have been learned from the last show, the slump of 2008.
Like all commanding officers, Osborne thinks he is ready. He will have general Mark Carney at his side. He has studied the terrain. He has a plan that he insists will work.
Let’s hope so. Because the evidence from last week’s meeting of the International Monetary Fund in Washington was that it won’t be long before the real shooting starts. The Fund’s annual meeting was like a gathering of international diplomats at the League of Nations in the 1930s. Those attending were desperate to avoid another war but were unsure how to do so. They can see dark forces gathering but lack the weapons or the will to tackle them effectively. There is an uneasy, brooding peace as the world waits to see whether lessons really have been learnt or whether the central bankers, the finance ministers and the international bureaucrats are fighting the last war.
Here’s the situation. The years leading up to the start of the financial crisis in August 2007 were like the Edwardian summer in advance of the first world war. All seemed serene, but only because of an unsustainable build-up in debt. There was a structural shift in power and income share from labour to capital. Rising asset prices compensated for real income growth.
Then came the crisis, which was long and costly. Once it was over, there was a strong urge to return to the world as it was. Countries wanted to return to balanced budgets and normal levels of interest rates, just as they had once hankered after going back on the Gold Standard.
But that proved impossible. Six years after the global banking system had its near-death experience, interest rates are still at emergency levels. Even attaining the mediocre levels of activity expected by the IMF in the developed countries requires central banks to continue providing large amounts of stimulus. The hope has been that copious amounts of dirt-cheap money will find its way into productive uses, with private investment leading to stronger and better balanced growth.
It hasn’t happened like that. Instead, as the IMF rightly pointed out, the money has not gone into economic risk-taking but into financial risk-taking. Animal spirits of entrepreneurs have remained weak but asset prices have been strong. Tighter controls on banks have been accompanied by the emergence of a powerful and largely unchecked shadow banking system. Investors have been piling into all sorts of dodgy-looking schemes, just as they did pre-2007. Recovery, such as it is, is once again reliant on rising debt levels. Central bankers know this but also know that jacking up interest rates to would push their economies back into recession. They cross their fingers and hope for the best.
Meanwhile, the legacy of the slump has been high levels of unemployment and growing inequality. In those economies where jobs have been created, such as the UK, they have tended to be of the low pay, low skill and low productivity variety. Profits have recovered; real incomes have not.
Christine Lagarde, the IMF’s managing director, says inequality must be tackled. The Fund has produced papers showing that a more even distribution of income and wealth would be good for growth. The words “shared prosperity” were on everybody’s lips in Washington last week.
But as some sceptics pointed out, so far the fight against inequality is currently a phoney war. Lagarde talks a good game, but the advice her organisation dispenses to individual countries has not really changed. There were four things that ensured shared prosperity in the 1950s and 1960s: strong trade unions; redistribution through the tax system; higher public spending; and curbs on the financial system. Apart from suggesting that some countries, such as Germany, might care to spend a bit more on infrastructure, the Fund is not really in favour of any of them. The message, therefore, is clear enough. Lagarde et al are worried about inequality. But they are not yet worried enough to do much about it.
This is where the comparison with the 1920s and 1930s gets scary. The problems created by the first world war were never properly dealt with, and it was only after the Great Depression and a second conflict that policies changed and global institutions were made fit for purpose. There is a real danger of history repeating itself.
The Fund, for example, knows that something is going badly wrong in Europe but is powerless to do anything about it. In the rest of the world, IMF policy is normally governed by what the US Treasury wants. In the euro zone, it is governed by what Germany wants. And what Germany wants is to turn the euro into the modern equivalent of the Gold Standard, with every country running balanced budgets. What Germany is getting is a eurozone in semi-permanent recession. There are alternatives to the status quo: full political union; break-up; a German Marshall Plan for Europe; dumps of helicopter money. Eventually one of them will be tried.
Similarly, the IMF is alert to the threat of another financial crisis. It knows that much of the cash created by central banks has found its way, via the shadow banking system, into emerging markets and developing countries. It knows that investors are complacent about the risks. It knows that in a rush for the exit, many of these investors would be badly burned.
There is, though, no mechanism for regulating these financial flows, just as there is no mechanism for dealing with countries when they go bust. The vulture fund case against Argentina should be the trigger for a sovereign debt bankruptcy system. Instead, the global community is sleepwalking its way towards a developing country debt crisis.
But for the time being, it is easier to avoid doing anything. The rich can enjoy their Great Gatsby lifestyles. Multinational corporations can strip poor countries of their commodities and pay their taxes elsewhere, if at all. Living standards can continue to be squeezed. Debt levels can continue to rise.
Only a real scare, as with Ebola, will lead to meaningful action. Until then, though, the Fund can sit behind its Maginot Line and Field Marshal Osborne can play his war games. But be in no doubt: our chancellor is less Monty in the desert than Neville Chamberlain declaring peace in our time.
http://www.theguardian.com/business/2014/oct/12/world-leaders-war-games-financial-crisis?commentpage=1
583.
Post 9181431 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
Hilarious catching up on this thread, so much angst and bad predictions.
If there is any consolation in this protracted bear-market, it is seeing JimboToronto being persistently proved wrong...
584.
Post 9181819 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
This thread could be a collection of missed calls
With so many many many pages on speculation
I wonder how many times it was right lol.
Great question! Now that would be a time consuming study. I'd have to unblock a whole heap of users to do that, not that I will
Being right or wrong isn't really an issue for me: it's acting like a pompous twat and calling people names at the first sight of a price change (before skulking off when it proves illusory) which is rather tragic.
Some of the most interesting and educated posters (TERA, Jorge, Mat) have been hounded from these pages by certain "loud voices", while others like MMi get regularly abused for being 'bearish' in the midst of a massive bear market.
Anyway, in an attempt to stay positive: if anyone has not seen it, TimWest has contributed another good analysis
https://www.tradingview.com/v/YDhHqWUc/And below the line someone is spruiking a new service
http://www.cryptoalerts.net/I checked it out and it seems pretty standard stuff...not sure I'd be paying $60 a quarter for someone to tell me the MACD is crossing.
585.
Post 9192846 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
Nice find Wally (you bet welcher
)
A pity about the cringe-worthy last line.
What a confused lil' bunch of Antipodeans we are: our scientists make news worthy breakthroughs yet our politicians are becoming the embodiment of flat-earthers. Today, Abbott claimed coal is good for the world, Lambie said Putin is a force for world peace, we have business leaders running our environmental policies and trying to prepare us for "global cooling" and our finance minister claims "poor people don't drive cars".
A summary of our political lunacy is here...
http://www.theguardian.com/commentisfree/2014/oct/13/an-apology-from-australia-to-the-rest-of-the-world-is-now-warranted
586.
Post 9194003 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
Looks like a lot of panic buying to me.
Big red falling knives incoming.
587.
Post 9194041 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
Well I wasn't expecting this with no volume in the middle of the night...
er...it's the middle of the day for the most populous part of the planet.
588.
Post 9194078 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
What sort of uptrend do you guys think would cause shroomsy to stop complaining about goddamn traders and dumpers? You think anything less than a perfectly linear rise would do it (straight line)?
A suppository tranquilizer, trending right up his gaping ass.
At least he is consistent, I appreciate his reliability.
589.
Post 9194099 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
The lag between placing orders on Stamp and what you see on Wisdom is close to a minute at present; if there is some insider trading going on I suspect they are making an absolute killing.
590.
Post 9194185 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
And up goes the wall...
But no-one dumping 1K of coins into the bid-side, as we have come to expect in the last six months. So, perhaps the wall at 420 is a good thing, calming the market and allowing some consolidation before further gains?
591.
Post 9194294 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
And up goes the wall...
But no-one dumping 1K of coins into the bid-side, as we have come to expect in the last six months. So, perhaps the wall at 420 is a good thing, calming the market and allowing some consolidation before further gains?
+1 It´s a guardian whale. He wants a controllable rise.
We think as one Fonzie
I know its a bit passe to invoke Loaded at these times but IIRC he did say he had fiat arriving at Stamp in the days after the 300wall fell. He would have the resources and the intelligence to push the market up slowly.
592.
Post 9194546 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.23h):
Looks like the 'player' has moved out for now, Stamp order book back to a normal spread -- now we see what the market sentiment is really like.
593.
Post 9197542 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.24h):
594.
Post 9227178 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.24h):
+1
Except this one seems to have got quite a few bulls too (if you know what I mean).
595.
Post 9243175 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.24h):
Those transactions pay fees. You think people just move money around for no reason? If you don't like the metric, then claim that it needs to be weighted, not discounted. I would conservatively guess transaction volume about 20% as actual transactions because businesses report actual sales in bitcoins.
Currently, transaction fees are negligible (~13 BTC total per day; on average, less than 0.08 USD per transaction, or less than 0.01% of the BTC volume excluding change-backs). For many kinds of non-payment transactions (tumbling, moving between hot and cold wallets, depositing and withdrawing from exchanges and other "bitcoin banks", over-the counter bitcoin purchases, etc.) those fees are not a deterrent.
And fees are not yet mandatory, is that correct?
Moreover, there are many people (such as fund employees) with motivation to generate "fake" traffic in order to give the impression of usage.
My guess is that payments for goods and services are no more than 5% of the blockchain transaction volume. The justification is that the latter does not vary with BTC price as one would expect. If that is the case, then one cannot use the traffic as a measure of adoption, even with a 0.05 weight, because the proportion of payment to non-payment traffic may vary a lot.
I'll concede the uselessness of Metcalfe's Law as a predictor, that is for academic discussion. I don't believe Metcalfe's Law even applies to Bitcoin, because it is not a network. It doesn't need a lot of nodes, only a lot of decentralized miners.
You call yourself an academic, yet you do nothing but criticize and offer nothing constructive. Your criticisms are weak and add little to the discussion. If you can't contribute something constructive, then you aren't putting in much effort and are resting on your laurels.
The whole basis of science and the scientific community is to question and criticise; the idea that someone who criticises a hypothesis has to produce a contrary, better or "constructive" (a highly subjective term in itself) thesis is incorrect.
You've clearly never gone through peer-review but I imagine you'd find the process pretty harrowing given statements like the one above.
596.
Post 9264207 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.25h):
Would love to Knnow who's turning the wheels of this madnes.
So anyway.. Seen heaps of movies about stock brokers and crooks. Are there any decent movies or doccos about traders? Or is that too boring for a movie .. Lol market manipulators must be the most mysterious individuals on earth, even hackers and magicians get more media exposure.
er...Google George Soros, that should keep you busy with real "source material"
Soros is most famous for his single-day gain of US$1 billion on September 16, 1992, which he made by short selling the British pound. At the time, England was part of the European Exchange Rate Mechanism, a fixed exchange-rate system which included other European countries. The other countries were pressuring England to devalue its currency in relation to the other countries in the system or to leave the system. England resisted the devaluation, but with continued pressure from the fixed system and speculators in the currency market, England floated its currency and the value of the pound suffered.
By leveraging the value of his fund, Soros was able to take a $10 billion short position on the pound, which earned him US$1 billion. This trade is considered one of the greatest trades of all time.
597.
Post 9274453 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.25h):
Can't decide whether to take a nap. How important are the next 24 hours? Serious responses only, please.
Without the next 24 hours, Tuesday would be severely compromised, and Wednesday may have to be rushed into service before it is fully tested and debugged. I don't know how much you care about the orderly passage of time, but that seems pretty serious to me.
Well, sorry, but it looks like no one has a serious response to offer...I LOL'ed
Me too.
But I'm wondering, will we actually notice any difference between Wally napping and not-napping?
598.
Post 9286509 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.25h):
Cryptocurrencies are meant to allow payments that governments (and banks, which can be conflated with them) cannot see, block, divert, or undo.
In
your mind maybe. You don't get to speak for
any cryptocurrency developers. We can speak for ourselves thanks.
That is not explicit in Satoshi's paper, but seems to have been a basic assumption by most of the crypto fans, especially the most ardent ones. (Reducing credit card fees is not something that would get people that excited about, is it?).
Most cryptocoins seem to be designed and supported with that goal in mind. Some bitcoiners are even adopting other coins because they do not see bitcoin as sufficiently robust in that regard. Few coins, if any (Ripple perhaps? I don't know about it) are designed to allow the same level of control that governments now have on bank transfers.
Bitcoiners are a broad church and you, especially you, don't get to speak for
all of us. Stop trying to paint Bitcoin as a political tool invented by political extremists.
YOU are the bloody extremist here, prof. Bitcoin is a technology. Like Bittorrent. Like the Internet. Like electricity. Like guns. Like fire. Some people use it to make things; others to break and/or take things. Some people just sit at the sidelines hurling abuse and shouting "heresy" right up to the point where they're drowned out by the sound of change inexorably passing them by.
You're not a skeptic; you're an intellectually dishonest, disingenuous shit-slinger with absolutely nothing worthwhile to contribute to this conversation.
BTW, been meaning to tell you something...
You rock.
Yeah...rocking: I always think you've won an argument when you're the first to ignore the points made and start calling people names instead....almost Platonic.
599.
Post 9309625 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.26h):
It's amazing how many people who genuinely believe Bitcoin is dead don't have anything better to do with their time than to post on the forum of a dying, failed idea.
If I wasn't so sure that nobody has a reason to lie on the Internet, I might start to question their motives.
It's very simple:
SchadenfreudeI suspect it tastes particularly sweet when the subjects are arrogant know-it-alls.
Every cloud...etc, etc
600.
Post 9311336 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.26h):
What about growth in existing markets?
If we look at previous bubbles, after a month or two of roughly exponential growth, and another month or so of oscillations, the price usually settled down to a nearly constant value. I take that as a sign that the markets responsible for those bubbles were saturated and stopped growing. Maybe they started to grow again this year, but I have not seen any real evidence of that. (Neither the number of stores that "acecpt bitcoin", nor the blockchain traffic, nor the venture capital investments imply growth of any market.)
All the charts on blockchain show very steady growth, transactional volume is up 300% since this time last year. Number of transactions is all time high, as is daily wallets used
The problem with these numbers is there is no way to tell if they are 'unique'; as I'm sure Jorge will comment, much of this transactional volume could be down to a small number of users moving a large number of coins between wallets, either for genuine reasons or to deliberately inflate the transactional 'health' of BTC.
I personally thought we had turned a corner a few weeks back but the demand for BTC is clearly not there; given the disparity between the price and the transaction volume, Jorge's hypothesis that these numbers are at best misleading, at worst fabricated does appear justified.
601.
Post 9352210 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.27h):
Bitches think I'm a perma-bear, but they don't know that long term (and I mean looooong term, I am open to BTC bullishness, but not now and not at current prices):
UBS CIO, fuckers:
http://blogs.wsj.com/digits/2014/10/27/ubs-cio-blockchain-technology-can-massively-simplify-banking/“I believe – and this is my personal view – that blockchain technology will not only change the way we do payments but it will change the whole trading and settlement topic,” said Mr. Bussmann.
He believes that blockchain technology has potential to trigger “massive” simplification of banking processes and cost structure.
He said: “When somebody with a strong brand and security level establishes it as a reliable service, then the whole industry will follow. That is my personal prediction.”Remember mofos, No Bitcoin -> No incentive to maintain the network -> No blockchain And now back to being a bear. Time to crash again, bitcoin
They don't get it
<sigh>
I've had this discussion on another thread.
Please read:
Bitcoin: It’s the platform, not the currency, stupid!http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency/1/Which nailed it back in February.
Then realise this has happened before with radio, telecoms, the internet and other technology as Tim Wu's "The Master Switch" eloquently describes: the hegemony will strip "bitcoin" of all the useful components (eg blockchain technology) it needs to continue its control.
They get it...and they'll take it.
602.
Post 9422905 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.28h):
This thread is soooo shit these days; I "read" a page and its mainly "this user is ignored" (with at least four being "LambChop" -- the harbinger of death for all forums), the remainder being enthusiastic noobs and cultists.
Slim pickings: thank God for Jorge and his provocations.
I miss KeyserSoze, bring back Keyser....and OldGeek and all those who could actually post something without being arrogant/dismissive or accusing everyone else of being a troll/shitforbrains.
603.
Post 9494605 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.30h):
guess OP is dead or arrested.
Was him the guy from SR2?
Not just SR2 but
both SilkRoads and
not arrested but busy building SR3.
LOL: post of the day.
604.
Post 9517798 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.30h):
Hehe, good ol' wall thread. Always lighting the rockets and posting the trains right /before / it'll be clear if we should light the rockets / post the train pics
Although, the entirely expected absence of a certain brony troll is definitely an improvement
"brony"?
605.
Post 9517954 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.30h):
Hehe, good ol' wall thread. Always lighting the rockets and posting the trains right /before / it'll be clear if we should light the rockets / post the train pics
Although, the entirely expected absence of a certain brony troll is definitely an improvement
"brony"?
Oh God, I wish I hadn't asked.
606.
Post 9526589 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.31h):
Also: "I am an avid supporter of Ripple and encourage everyone to invest their life savings in XRP." -Jorge Stolfi
Quote is from a few days ago. I'm unable to find the post, but I assure you it existed.
You are misquoting me, I don't give investment advice. I said only that I have converted the entirety of my bitcoin holdings to XRP. And I am still doubling them every day.
I'm assuming the base number being doubled here is '0', Jorge.
607.
Post 9532775 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.31h):
Das Kapital is unfalsifiable pseudoscience and consequently cannot be wrong. That's the problem.
"Theory" is what I'd call it. Of course,
every theory is -well- unfalsifiable, until it's proven otherwise; which in this case it isn't; at least as far as I can recall. The Soviet Union paradigm won't be able to justify an error, because it never really got to establish a decent interpretation whatsoever.
Of course, there are certain individuals among us, that say that economics is not a science at all... so in this case, you're right!
You have no fucking clue what you are talking about. See bolded text.
It's like being in a vodka bar in Vladivostok at 4am: someone is always looking for a fight.
608.
Post 9540326 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.31h):
The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.
It has one reason. Something which is new to Bitcoin since this year: Dumpers who do everything in their power to take the price down. Every single time.
We're gonna have a real hard time going up again.
I just don't understand what caused this behaviour. They just refuse to let the price go up.
It's absolutely crazy.
You are constantly whining like a child which can not understand why do the grownups do what they do. Problem is you are stuck in the fiat logic, counting your gains/loses in fiat instead of BTC. Try to finally understand that if you had 100 BTC each worth US$ 1000 each, and you now have 110 BTC each worth 400 BTC,
you have not lost 56%, you gained 10%. Try to dig that into your thick head, the current price is irrelevant, it only matters how much BTC you will have when the day comes you wouldn't have to exchange them for fiat at all. The most straightforward way for smart people to gain more BTC trading is to push the price down selling as much as they can and buy more BTC when the price hits the bottom of the dump. Not everyone can trade with leverage on Bitfinex, most people trade on all other exchanges where there is no leveraged margin trading, so every they of price rising is their day lost, and every day price falling can be a big gain for them. I don't know how to put it more simpler, please try to finally understand total non-importance of short term price drops.
I love the smell of "welcome to ignore" in the morning!!
609.
Post 9541180 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.31h):
Ignore me or not, I just can't stand any more ShroomsKit's jealousy for other people making money on dumps. All he wants is a day to dump all his BTC to his fiat bank account, and he is calling other people short-sighted, imagine that!
No, I'm not ignoring you just predicting shroomsy's response.
610.
Post 9541193 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.31h):
The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.
It has one reason. Something which is new to Bitcoin since this year: Dumpers who do everything in their power to take the price down. Every single time.
We're gonna have a real hard time going up again.
I just don't understand what caused this behaviour. They just refuse to let the price go up.
It's absolutely crazy.
You are constantly whining like a child which can not understand why do the grownups do what they do. Problem is you are stuck in the fiat logic, counting your gains/loses in fiat instead of BTC. Try to finally understand that if you had 100 BTC each worth US$ 1000 each, and you now have 110 BTC each worth 400 BTC,
you have not lost 56%, you gained 10%. Try to dig that into your thick head, the current price is irrelevant, it only matters how much BTC you will have when the day comes you wouldn't have to exchange them for fiat at all. The most straightforward way for smart people to gain more BTC trading is to push the price down selling as much as they can and buy more BTC when the price hits the bottom of the dump. Not everyone can trade with leverage on Bitfinex, most people trade on all other exchanges where there is no leveraged margin trading, so every they of price rising is their day lost, and every day price falling can be a big gain for them. I don't know how to put it more simpler, please try to finally understand total non-importance of short term price drops.
I love the smell of "welcome to ignore" in the morning!!
Ignore me or not, I just can't stand any more ShroomsKit's jealousy for other people making money on dumps. All he wants is a day to dump all his BTC to his fiat bank account, and he is calling other people short-sighted, imagine that!
I think he was referring to shroomskit who has ignored, at a rough estimate... 90% of the forum.
EDIT: the bull is back finally
There you go...someone is paying attention.
BTW...its she for your records. Although apparently women don't exist here.
611.
Post 9552180 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.32h):
...snip...
Blitz, you realise the Shroomskit account is used by (and this is an IIRC from a Shroomskit post months back) four different people (shared house? company) -- which explains the lack of consistency and distinct personality changes in posts every few days/hours. And none of them give a fuck about what the others post.
So, keep posting this is a bit like posting Parashat ha-Shavua to prove the Pope is Catholic. Save your time/bandwidth.
612.
Post 9560640 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.32h):
The professionals and academics nonunderstand money, but you, Erdogan, veryunderstand it goodly.
...or might you be unsane?
...snip...
I would enjoy it to try and see you converse in someone else's native language
While I appreciate that for most of the 'yoof' that inhabit the interweb, grammar and spelling are superfluous details, the reality is many ESL speakers actually have a better grasp of English grammar. The fact 'native speakers' don't know the basic grammatical rules of your
their own language is a point of
shame in most countries, other than the Anglosphere, where ignorance has been marketed has 'cool'.
Proving that Turkeys do indeed vote for Christmas.
613.
Post 9578309 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.32h):
It is gentlemen. Euphemism for a rally.
Did it really mean that? I thought it was more sort of a nonsensical Doge "Learism". But I guess everyone is clinging to any old straw as a rally these days.
Tuesday and its looking more and more like the events of last week were similar to the false reversals that have been a feature of 2014: support on Stamp is etiolated, resistance building by the hour. It looks like that feeble ask "wall" of 500coins at 392 (more like a fence) is enough to keep a lid on things.
614.
Post 9609086 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.33h):
Dude, its bitcoin. There are whales and manipulators doing crazy shit all the time. The price will continue to fluctuate up and down.
Sub-400 coins are cheap, period. You should all be getting as many coins as you can during this period.
I always find that financial advice that begins with "Dude" is accurate and trustworthy.
(I just hope you can find your car)
Anyone who doesn't think sub-400 coins are cheap are fooling themselves
agree 350 is fair price...
300 is a discounted
250 is cheap
200 is wow cheap
150 is a steal
100 is bitcoin dying
10 is bitcorn
It's a matter of perspective.
I can remember when $10 (far from being bitcorn) was expensive (although we didn't stay there for long); then $70 was 'cheap' for a long time; this year people have been joining this board claiming cheap was at 800, 700, 600, 500, 400, 300.
I see no reason to believe this price is either cheap or expensive (these are subjective terms); you should be more interested in the trend (down), the fundamentals (OK) and the environment BTC exists in (ie the global economy....which is completely fucked).
Far from being the making of BTC, I suspect the economic (political and social) disaster that will ensue from another "GFC" may as easily see BTC consigned to history as another "what were they thinking" chapter in human history. People can eat corn, not bitcorn.
I would avoid fooling yourself that anything is certain.
615.
Post 9613052 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.33h):
There was a time when Joe Public absolutely hated the Internet and stayed far away from it (from lack of trust), while a small nutty community of nerds loved it.
That is not quite how the internet developed...
But why let facts get in the way of the loveable, Hollywood myth.
And let's not forget that mainstream global acceptance of the internet was powered by firstly by commercialisation then by social media, neither of which are particularly inline with the original ideals of the internet (as envisaged by those nutty nerds
TM).
On a tangent: I read recently that Facebook sign ups have pretty much stalled this year and they are admitting they have reached market saturation. By coincidence Zuckerberg has started "internet.org" this year, to bring the internet to the disadvantaged; anyone more cynical than I would suggest he is creating new markets, so he can can flog more advertising.
616.
Post 9628636 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
If this is a trend reversal, the important question is...
Will the uptrend be exponential or linear?
I've drawn both possibilities.
Random lines on charts...loving it, much old school, many nostalgia, very wow.
Wall observer greatest hits: Now that's what I call speculation, volume 10, 000.
617.
Post 9630334 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Posting this on page 10K ....but know we are gonna see some rewind
618.
Post 9630409 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Perhaps we can stay on page 10000 forever.
Wouldn't that be fun...
619.
Post 9630750 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Strange activity on the walls and in the thread. Unexplainable
Surely this is the time to trot out some guff about honeybadgers, no?
620.
Post 9633841 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Still here huh....
621.
Post 9633870 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
The mobius thread...."a twist in the fabric of space, where time becomes a loop"
622.
Post 9633929 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Well done folks, we,ve now been on page 10K for at least 7 hours....perhaps someone could make a chart of the highs and lows (with lots of random lines and dinosaurs).
Personally, I feel we are over-posted, the EMA has crossed and we will probably drop down to the 9960s.
623.
Post 9634002 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
With all the deleted posts this thread is going to be even stranger for anyone going back and reading.
Truly the most pointless place in the internet -- makes reddit look sane and balanced.
624.
Post 9634024 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
10k. I got this man. I got this by the aaaass!!
Not really.
625.
Post 9634055 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Meanwhile, price goes up.
LOL....like anyone cares
626.
Post 9634093 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
In on page 10000
No, you're not....really
627.
Post 9634131 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Page 10,000....forever!!
628.
Post 9636134 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
That's the 9th time I've seen this today :|
And it wasn't funny the first time
629.
Post 9636251 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Still on 10K I see
Posted here at least 8 times now...much wow
630.
Post 9636268 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
10000 pages!!!!
Woot!
From 30+ pages and over 9 hours back.
631.
Post 9636277 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Now?
It's a mirage...you can see it clearly at a distance but when you get close it disappears.
632.
Post 9636307 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
633.
Post 9636319 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
At this rate, the entire thread is going to be posts about being on page 10k.
LOL....Now, that would be funny.
634.
Post 9636344 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
At this rate, the entire thread is going to be posts about being on page 10k.
Are we there yet?
Classy sig. btw
635.
Post 9636486 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
... a perfect expression of pure skepticism...
Thanks, it's my default setting around here these days.
636.
Post 9636764 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Can't wait till this childish 10k shit is over and we can focus on the charts moaning about traders/dumpers/random lines on charts/bulls/bears again.
This Christmas I'm getting Shroomsy the new cologne by Yves St Bitcoin ---
Self-awareness for birddogs
637.
Post 9636987 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
this thread should be renamed...
Has a snappy ring to it?
638.
Post 9637116 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Soooo, I'm thinking of posting a bounty for the 20 posts that are successful at landing on page 10,000 ... just to keep it interesting.
Say, 50,000 bits for every one of the 20 post that lands on page 10k?
You realise we've been on page 10K about 50 times over the last 24 hours?
But a great idea...we definitely need further incentive for post-dumping and page manipulation.
639.
Post 9637277 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
I think we finally reached that point, the number of posts about bitcoin is stabilizing.
Nah, we are just waiting until we hit 10K again and people start with the self-congratulatory posts....then it begins again
640.
Post 9637474 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
this thread should be renamed...
Has a snappy ring to it?
more like this
Surely we are tracking
and discussing?
Thread Observer - Tracking and discussion OF the Bitcoin price movement tracking & discussionbut I like the formatting reference to JuanJayGee
641.
Post 9637497 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Slightly off-topic I know but 3.5K coins to break 380 on Stamp; I imagine these asks will get pulled in a few hours and we retest 400 in the next day.
642.
Post 9637588 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
this thread should be renamed...
Has a snappy ring to it?
more like this
Surely we are tracking
and discussing?
Thread Observer - Tracking and discussion OF the Bitcoin price movement tracking & discussionbut I like the formatting reference to JuanJayGee
but it seem that we tracking the discussion itself than the price movement
Correct, we are tracking and discussing the tracking and discussion...I'm not sure you understand how to parse English constructions at a phrase level. You need to look at how the nouns are being pre or post modified.
But I digress
643.
Post 9637625 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Slightly off-topic I know but 3.5K coins to break 380 on Stamp; I imagine these asks will get pulled in a few hours and we retest 400 in the next day.
We could break down too. Any order can be pulled at any moment
Absolutely, but historically a break down on this low volume would occur on a weekend...entering into the week, it's more likely to either consolidate or move up.
644.
Post 9640213 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.34h):
Slightly off-topic I know but 3.5K coins to break 380 on Stamp; I imagine these asks will get pulled in a few hours and we retest 400 in the next day.
645.
Post 9648817 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.35h):
Well hello 10K....yet again
646.
Post 9648858 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.35h):
Slightly off-topic I know but 3.5K coins to break 380 on Stamp; I imagine these asks will get pulled in a few hours and we retest 400 in the next day.
I quoting myself here since my predictions are rarely this accurate.
But remember...
647.
Post 9649314 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.35h):
Two noticeable things:
Six to eight hours ago there was near parity across the exchanges now we have a $12 spread.
LTC usually 'follows' BTC to a greater or lesser extent, but in the last 48hours LTC has remained flat.
Makes me wonder how sustainable this rally is?
648.
Post 9649359 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.35h):
Where did the other 13 pages go? Lol wtf
I really wouldn't post a screen grab like that -- I recall the last time someone did, Walsoraj had a field day criticising: eg you're using Windows, IE, are interested in DRK etc etc
649.
Post 9649406 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.35h):
Two noticeable things:
Six to eight hours ago there was near parity across the exchanges now we have a $12 spread.
LTC usually 'follows' BTC to a greater or lesser extent, but in the last 48hours LTC has remained flat.
Makes me wonder how sustainable this rally is?
During real BTC rallies, LTC tends to lag 1-2 weeks before joining the party.
When we went from 300 to 450 last month LTC followed in almost lockstep....but was that a real rally.
There was some lag last November but I don't think it sets a precedent.
I don't know what to think but I'm suspicious this is another false dawn, similar to MArch/April.
But I did just see a report suggesting commodities prices may have turned a corner, whihc may be good for BTC in terms of sentiment.
650.
Post 9650132 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.35h):
Time for some post dumping...we've not seen page 10K for a couple of hours now.
651.
Post 9650849 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.35h):
Great to see the thread default attitude towards women remains the same*
*let's not have another debate about whether women exist on the internet, we're here...deal with it.
652.
Post 9984361 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.42h):
Same old, same old in this dusty corner of the clearweb -- Jorge getting bashed, the bubble graph, Shroomskit trolling, newbs not understanding Chartbuddy.
Newbs reckoning BTC is all about being a good day-tarder....well, that is new I guess but not particularly edifying.
653.
Post 10035510 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.43h):
I guess I'm the only one that sees the pattern for the timing of this bear trap. It's just too perfect.
What do you mean? Traders selling at the end of Wave 5 - epic bear trap as move up from the bottom?
I love the Elliot Wave adherents the best -- remember Chessnut: months and months of "definitely Wave 3 of v up to 620 by Wednesday"; "no, its wave iv of 3, nestled in a seven of nine, up $50 tomorrow".
Wrong every time.
Comedy gold.
654.
Post 10035564 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.43h):
Bitstamp | Total bids: 2616909 USD. Total asks: 26962 BTC. Ratio: 97.05565 USD/BTC.
😈
Not sure how much relevant is this Blitz? With all this selling there is alot of fiat on the sideways... Waiting for the right moment.
I think that real problem is that ask sides on all the markets are still thin. Imposible to make a large (4k+) buy back without moving the market for 40$.
12k to 400$ on Bitstamp and Bitfinex, 19k shorts on finex... And we still haven't seen the real buying back. This will be fun
Of course it's not much relevant, it is no more than a snapshot. However, there's been a divergence for quite some time:
Ah... the legendary, mythical "fiat on the side", just waiting to come into play....biding its time for the last eleven months, no doubt distracted by the unicorns and mermaids keeping it company.
655.
Post 10147684 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.48h):
wtf is going on with stamp
swamp watched on as an accessory in the slaughter of their milch cow ... that's how fucking stupid amateurs operate.
Can always count on you to come out with some abstract nonsense at times of high drama.
Everyone's an amateur .......except you and your ideas.
656.
Post 10247778 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.52h):
240, its happening.!!
How quickly people are able to adapt...a two months ago most couldn't imagine sub-200 coins never mind the idea of affixing them with "its happening".
657.
Post 10263621 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.53h):
Fuck that Adam guy.
Hilarious.
Confirmation (if it were ever needed) that this thread is plunging unchartered depths.
I imagine there's a profusion of pics of rockets, trains and moons ready to be posted just as there were last March, June (June was a particularly good month for being over-confident) and November.
Of course, its different this time.
I guess Magsca was correct, the new Greek govt is going to go all in on BTC.
658.
Post 10266700 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.53h):
I don't know how BTC's credibility could get any worse but somehow, it just keeps managing it.
659.
Post 10267143 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.53h):
there are far too many trolls acquiring hero status these days!
I don't know who 80% of these people are but they mostly appear to be psychotic; most of cultists seem to have found treatment, although I do worry for JustusRanvier if he is still insisting in getting paid in BTC -- that's gotta hurt.
660.
Post 10277882 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.53h):
Everyone, I present to you: Altcoin trolls. Finally migrated here. This is the final nail in the coffin for this thread and possibly forum. Goodnight, sweet.
This thread is fine. I see no trolls.
Congrats...you win today's most hilarious post award.
You win a deflated (and unwashed) fitball once used by M Karpeles.*
*Your prize may take the same time to reach you as it does for BTC adoption to take place.
661.
Post 10296530 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.54h):
Fuck sake... should I buy a little (you know for savings not trading) looks like its a steady rise?
Why didnt you buy when it was $150's last week.
Now it is up 60% from then
why bother when next week it will be at $75
That high?
662.
Post 10315877 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.55h):
Why is the price going down?
One green candle on the 1w charts...is this all we get?
Bitcoin cannot be truly going up until the 1w charts say so....get with it people!
Some serious shit is going down but a lot of people just don't want to admit it.
+1
663.
Post 10351409 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.56h):
Hilarious catching up on this thread.
Everytime the price creeps up the cultists come out and proclaim a new era of monetarism; when it drops they shuffle back in their caves muttering how the price "doesn't actually matter".
Comedy gold..."its the new money".
664.
Post 10353738 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.56h):
Hilarious catching up on this thread.
Everytime the price creeps up the cultists come out and proclaim a new era of monetarism; when it drops they shuffle back in their caves muttering how the price "doesn't actually matter".
Comedy gold..."its the new money".
Same can be said in reverse with the bear cultists... whats your point?
What on earth is a 'bear cultist'...it makes no sense. I don't subscribe to any this bull/bear dualist view of BTC or indeed anything.
However, the cultists are, by definition, those who blindly believe, without questioning the unfolding evidence, and insist BTC will be worth 10K (etc), replace all other currencies and solve world conflict.
It would be quite sad if it wasn't for the fact most of them are arrogant, UScentric, wannabe rebels who dismiss other people's views out of hand; people like MoA make me sick, he wants the world to change to fit his own specific vision but doesn't want to engage with any contrary views because he contributed to a thread four years ago where everyone convinced each other BTC would succeed.
The whole BTC ecosystem is full of crazies like him whose (often complex and highly convincing) ramblings are actually creating a host of social and economic problems.
665.
Post 10402136 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.57h):
Remember kids...
the price doesn't matter,
bad news doesn't matter,
China doesn't matter.
Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.
Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.
BillyJoeAllenRedneck firefighter who can't spell his own home state correctly
And of course even those with an education are wrong, wrong, wrong.
So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.
666.
Post 10404561 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.57h):
so the scam was..
give me money and i will mine bitcoin for you...
ran off with money...
bitcoin never got mined...
-> there will be no dump
This essentially has nothing to do with Bitcoin.
The equivalent of someone creating random wealth management ponzi and switching "trading performance" for "mining revenues" as a wealth generation/redistribution mechanism.
Of course suckers at the bottom paid the bills for the ones at the top.
No actual Bitcoiner was hurt in this experiment
could have been the exact same scam with rare metals or whatever
But it wasn't...because rare earths don't attract scammers, crooks and con artists at quite the same level as BTC.
Another nail.
667.
Post 10473225 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_13.59h):
probably last time we will see sub-230 ... ever.
looks like retrace is over and a slow climb back to 280-300
Remember kids...the cultists are clueless.
668.
Post 10587536 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.00h):
I guess I'll give you points for being consistent: you're probably not simply 'anti Bitcoin', but against the larger development of excessive 'financialization' (through financial derivatives), right?
You bet.
Money is not real wealth, it is just a token that one can exchange for
real wealth things and stuff.
Real wealth is something that most of the "intellectual powerhouses" here will never understand or have; they are too busy obsessing over accumulating stuff and things, measuring themselves against illusions and performing in a loaded game.
669.
Post 10587565 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.00h):
I for one do not want to live in a zoo. I prefer the jungle.
LOL.
You wouldn't last 5 minutes in the jungle, fireman.
670.
Post 10899767 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.07h):
i suppose i am not really interested in deciphering emoticons.
Too busy being supercilious?
671.
Post 10929462 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.08h):
ETA on next major rally?
is this confirmed?
I can confirm that it is just a GIF image, so...
Confirmed
672.
Post 10974694 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.08h):
if the need presents itself the more probable outcome would be to change the hashing algorithm use cpu's and kill all asic behemoths and adjust the difficulty to the new hardware scale than what Jorge suggest.
You cannot kill a cryptocurrency, remember?
If the idealists do as above, there will be a "rebel bitcoin" with a tiny mining network, and the "cartel's bitcoin", with all the old hashpower (since the ASIC miners would not have other choice than to mine it). Guess which one will keep most of the value of the original bitcoins. It is like the Captain "defeating" a mutiny by taking off alone in a small lifeboat, and declaring it to be the real ship.
Moreover, even the rebels will still have their coins waiting for them on the cartel's chain; so why would they not sell and trade them? Ignoring those coins would be their loss, not the cartel's.
you forget that they would instantly have over 51% of the network closer to 100%
and there would be no confidence as to the transactions integrity.
BTW what I stated was the outcome to a real proposal if the odd chance that the present mining algorithm would have been compromised via a back door. In essence making all existing ASIC use for BTC obsolete and make the old BTC network compromised and useless.
I don't understand the first paragraph. Yes, the rebels will control 100% of their puny all-CPU network (which the cartel could probably squash by renting some could computing for a couple million dollars, if it cared to). But 100% of the old hashpower will be mining the cartel's 25 M chain, just as before the fork; and the rebels cannot do anything against them. Each client would have to either upgrade to the cartel's software, or upgrade to the rebel's software (or to both, after cloning the wallet); clients who keep the original software will be unable to use their coins.
Yes, this is called "Red Button plan" or something like that. It is not a defense, or even a deterrent like the nuclear mutually assured destruction; it is just a ridiculous form of suicide.
In other words. If the conditions present themselves the btc blockchain network and participants will make the most prudent choice that will have majority consensus. No one given the option would eat spoiled food or in this case trade on a defunct chain.
The problem is that power is asymmetric: a small group of miners can block the network and hold all users' coins hostage, whereas no group of users can stop the miners from doing it without hurting themselves a lot more.
According to the attack plan outlined (which is just one possibility), the 21 M chain would become defunct immediately after the fork, while the 25 M chain would continue working without a glitch.
Exchanges that would fail to move over would cause panic in the ALT coin space as exchanges would not know as to the authenticity of the BTC being traded for alts effectively making alts valueless.
There would be no confusion, because any exchange that fails to switch will have its wallets frozen and all BTC deposits and withdrawals blocked. The coins that are inside the exchanges can be traded normally, because the trades do not involve the blockchain. When the exchange switches to the 25 M chain, it will find its hot and cold wallets waiting there, and it will be able to execute withdrawals in that chain. Clients then will have to upgrade in order to use the coins withdrawn.
If the attack succeeds, life will continue in the 25 M chain almost as if there had been no fork. If the attack fails, and all miners go back to the 21 M chain, people will be able to use that chain again, but their accounts will be reset to the pre-fork state. Thus, any payments made using the 25 M chain will be cancelled, and there will be real losses (like the double spend against OKPay in the 2013 fork). This will be another reason why most everybody will want the attack to succeed, once it has been sustained for a day or so and enough people have used the 25 M chain.
There is a third possible outcome: the cartel stops jamming the 21 M chain (e..g because of defections, or "hero miners" coming to the rescue), but only part of the miners go back to it. In that case the two versions of bitcoin will remain viable; each copy of one's coins can be spent or moved independently of the other copy. The original price should also split between the two, and the miners will migrate between the chains until either alternative is just as lucrative to mine as the other. (I wonder if they can be merge-mined?)
Setting out rational arguments is going to get you a whole heap of love Jorge.
673.
Post 10989314 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.09h):
Just when you thought this thread (and therefore crypto itself) couldn't get any sillier -- along comes some Germans with some diagrams. Oh, the post-modern irony of it all.
674.
Post 11069473 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.11h):
I understand what a tool is too.
Then you are not one of those who claim that bitcoin will be the solution to poverty, corruption, fraud, bank abuse, oppression, censorship, etc., etc..
Right?
And, not for the first time I'm reminding you that straw man arguments such as "those who claim that bitcoin will be the solution to poverty, corruption, fraud, bank abuse, oppression, censorship, etc., etc.. " are bullshit and I'm calling you on it. Again. I know hundreds of people within this community both on the technical and financial side and I can't think of a single one of them that sees it in the way as you're trying to paint it here. Not one.
It's a tool. Like I said in my previous post, you're deliberately,
disingenuously conflating tool and solution. I know you're smarter than that hence my facetious tone.
Some tools, like crossbows for example, are known to have levelled the playing field somewhat between the previously empowered and the disenfranchised. No longer did you need to be a trained full time professional belonging to a paid standing army to be useful on the battlefield.
Some tools, like surveillance databases, armoured cars and the like are known to have been of more use to those with privilege and power than those without. Did we throw out computers because IBM helped the nazis track dissidents and minorities with their punched card technology?
Some tools, like hammers, are just tools and, as you've astutely pointed out, can be used to almost equal effect by anyone wielding them. They are used to build both labour camps and hospitals.
The Internet is a tool that can be used by anyone for almost any purpose but, generally speaking, a society with ubiquitous access to a free and open Internet is a greater threat to the .1% than to the rest of us.
There's a possibility that Bitcoin is like a hammer. Just a tool that anyone can use for better or for worse. That's certainly how it looks right now. But I suspect Bitcoin is more like the Internet. Anyone can indeed use it but, generally, the level playing field its widespread adoption presents would be something very threatening indeed.
As you've also said, they'll try to ban it, control it etc. We're watching that. It's fun.
You're certainly old enough to remember the painful death throes of the old guard music industry and how it flapped about and sued the hell out of anyone that moved in an effort to forestall the inevitable change that the Internet was bringing to their business models.
Well that ended in a complete overhaul of the industry in spite of their best, and most cunning efforts.
But we know, for whatever reason, that you've closed your mind to anything positive about Bitcoin and are determined to repeat ad nauseam negative arguments regardless of whether anyone's shot them down or not so if it were just the two of us here, I'd certainly save my breath.
The key here really is that Bitcoin is a disruptive technology and if anything needed disrupting, it's the current global financial industry and the frankly horrific level of global inequality that it supports.
If you'll forgive me, and I'm sure you will, I'm going to put you back on ignore now. It's not like you ever say anything you haven't said before in one way or another.
Amazing that someone who keeps accusing Jorge of 'strawman' arguments, then proceeds on a massive rant made of hay. Ad people who claim to be 'scientists' saying this is a great comment, can you not see the glaring contradictions, fallacies and errors.
It's such a shame that there are so many folks in the world who have been taken in by this 'disruptive' crap -- the reality is not 'democratization' but more concentrated power in the hands of not the rich but the (unelected) elite super-rich.
But Jorge pointed this out and then it all went silent -- because everyone who disagrees with the great BTC world view is a troll.
Keep banging away boys...the big money is surely round the corner
675.
Post 11220797 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.13h):
GOT YOUR COINS, MOTHERFUCKERS!!
How'd that work out for you....
So funny reading all those "here we go" posts 12 hours ago...."and bears be like"
yeah, yeah
676.
Post 11220836 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.13h):
Yesterday was a nice little pump but I still can't understand why people were so amazed & shocked by it.
Emotions were running really high in this thread.
In the large scheme of things & with the potential bitcoin has a 10 dollar pump was literally nothing.
I'd understand if it'd shot up to 400 dollars but a 10 dollar rise?
Come on guys, think big.
Er...you were posting pictures of rockets and doling out advice like it was gospel:
"I'd advise people to remove funds from BTC-E as a matter of urgency."
Bitcoin == its like the financial version of cocaine, everyone buys one and becomes a fucking expert in finance/forex.
677.
Post 11258830 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.13h):
I suspect if you removed all the instances of this image from this thread, the page count would halve.
678.
Post 11280758 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.13h):
Why not focus those efforts on something that he could actually benefit from financially.
He might be a really intelligent man but in my experience many people who are academics/intellectuals don't end up getting rich because they don't take enough risks.
Too straight laced, live life by the book.
Well, if you see everything as a nail all you ever yearn for are lots of hammers.
What an empty, vacuous life you must lead to come out with this sort of drivel....la
679.
Post 11329563 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.14h):
Shaking out weak hands ....
Been a while since I saw this old chessnut, reminds me how much I miss Shroomskit who'd probably say something along the lines of: "yeah right, we've been shaking out the weak hands for 14 months now".
But with a lot more venom.
680.
Post 11337794 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.14h):
China looks to be leading this little pump. Wonder what triggered it.
It was the kiss gif, obviously.
Duh!
Silly me. Of course. Post more!
I don't believe there is a prize for best ever first post...but if there was, I think you'd win.
681.
Post 11342057 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.14h):
Oh goody....its been ages since we had a meaningless countdown to get all worked up about...maybe someone could do a clock.
682.
Post 11345983 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.14h):
the trolls, FUDSTERS & doom mongers were declaring sub 200 coins for ages, it doesn't look like it's going to happen now, certainly not imminently.
Walsoraj was predicting double digit coins when we were at USD1100.
All hail Wally, the oracle.
683.
Post 11346403 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.14h):
This is driving me insane. Why is every moon launch of the last few days being postponed...?
Faulty solenoid I reckon
Now there's a scouser on the forum I imagine the starter motor has long since been stolen.
684.
Post 11369119 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.15h):
7K dump on Finex...what happened to all that bullishness?
685.
Post 11369162 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.15h):
7K dump on Finex...what happened to all that bullishness?
I'm thinking it's maybe a fakeout
Isn't everything to do with BTC fake?
686.
Post 11369267 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.15h):
LOL, the troll is climaxing over and over while using past socks in addition to newer ones. Pretty entertaining adding a few newer ones to the ignore list now as I did earlier today. If trolly put as much effort into their life as it does on this forum, they'd probably be fairly successful.
Most of the newb posts are bullish, predicting a yet to materialise bounce.
687.
Post 11369312 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.15h):
what the hell is going on?
any bad news?
Contrary to popular belief the news has almost nothing to do with the bitcoin price.
It is all about the technicals (like overbought and oversold). People make a lot of money in this market. They decide what is about to happen next.
Also, you have to consider who is pushing the news at specific times. I'm pretty confident there is an agenda behind almost everything published by coindesk for example.
So, the news has nothing to do with price. OK but by the end of your post you are claiming CD are publishing news with an agenda. If news didn't matter, why would they do this?
Let me guess, because they are all misguided fools while only you know the truth and can read a stochi chart?
I think your grades are way over-rated....probably the same as your abs.
688.
Post 11419921 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.15h):
^^ Permabull getting despondent... Bullish!
Its been holding fine for the last few weeks. It only looks bad if you were hoping for salvation from contrived derivatives like 'stockholm' and gbtc.
Newb mocking semi-newb's growing realisation the boat has sailed, hit the iceberg and is sinking. Bearish.
And you can always tell when the price hasn't done much for a while...a new strain of misogyny breaks out here....so old ladies are the latest target of bitcoinBile. Classy.
689.
Post 11445951 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.15h):
Moon or Doom...it's back.
690.
Post 11615218 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.17h):
YOu think a five dollar range equals volatile -- you'd better buckle when we get some volume (up or down) -- this is super dull and has been for months now.
AS for Ron Paul, you may as well ask why 'rockets', 'moon', 'frappacino grande' or 'hodling'....start at page 1 and keep reading....by page 700 you should lose the will to live.
691.
Post 11633844 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.17h):
Pump powered by PUCK (Philippines, Ukraine, Colombia, Kenya).....apparently
https://twitter.com/TuurDemeester/status/610429177553137664
692.
Post 11633907 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.17h):
Well that accounts for about 200btc of the tens of thousands
No...at least 650
693.
Post 11731469 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.18h):
I don't think you are honest about your basic motives regarding bitcoin. I'm a 44 year old nuclear physics-guy.
Is there some sort of causality I'm missing here?
Jorge has successfully identified enough BTC scams over the years to warrant respect. Sadly, there will continue to be scammers as long as BTC attracts happy-clappy noob idiots who think they are financial geniuses.
694.
Post 11754791 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.19h):
266 is such a significant number....has so many good/bad memories.
695.
Post 11831250 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.20h):
He does have a pretty good record at predicting price movements. I really hope he's right.
Congrats...you win the most hilarious post of the month award.
Chessnut has a fucking awful record, if you'll discover if you actually read his 'predictions' over time, especially when he posted in this thread. He just makes
a lot of predictions -- you may as well go see Gypsy Rosie Lee.
696.
Post 11929767 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.21h):
Never. Gonna. Happen. Banks are laughing at bitcoin.
Best hope is that some whales pump the hell out of it again, and a couple million young retail investors are foolish enough to buy at literally any price.
Because "to da moon!" and all dat stupid nonsense.
Why is everyone quoting Torque but omitting FOMO - Fear of FOMO or a fear of Fear of FOMO...or...
697.
Post 13790789 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.43h):
I think Bitcoin will not, cannot grow until the governance model is changed. There is a clear conflict of interest with the core developers and Blockstream.
Yeah, this is also my thinking. Is there any sort of bridge-building conference happening? We need some kind of peace talks!
Way too much pride, testosterone and vested-interests [see above] for a sensible solution at this point.
698.
Post 13792217 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.43h):
Yep. Up and down. Up and down.
699.
Post 13804879 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.43h):
Christ....I remember when this thread was about walls, trading, speculation and general 'doom' or 'moon'...now its just page after page of people talking incomprehensible blockchain bollox and petty politics.
There has always been some sort of crisis threatening the very existence of BTC, get used to it.
So, all the bed-wetters getting worked up about this: you do realise there are entire sections of this site devoted to these topics. Perhaps you could all fuck off to those pages and stop boring everyone me to tears with your endless segwit, hardfork fuckwittery.
700.
Post 14105175 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.47h):
whoa
701.
Post 14105256 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.47h):
kudos to anyone who caught that knife
702.
Post 14191400 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.48h):
Wow, no Adam, no Chartbuddy...bloody hell.
On a more pedantic note @RichyT - you do realise the Voltaire quote is a fiction (mainly due to the interweb echo chamber).
703.
Post 14202626 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.48h):
We will return to the Dunning and Kruger Show in a moment. But first, a quick word from our sponsors...
Full marks for that reference
I had been thinking exactly the same thing.
I am reminded of the joke about two bald men fighting over a comb; in this case its two arrogant fools fighting over who has the least self-awareness.
704.
Post 14576828 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.49h):
BlockyJoeAllen come to dump his mind vomit all over these public pages again I see.
Hey genius, you think you got it all figured, where's your code? Where's you tests? Where's your data?
Enough with the mind vomit, time to put up or stfu.
Monday morning quarterbacks and backseat drivers are worse than clueless noobs, there is no reason for their ignorance, it's just willful.
I remember you used to think BJA actually was a genius...but then he started disagreeing with you.
If you want to start floating your theory that the BJA account has been sold/hijacked, the allusion to women being raped suggests this is the original BJA in all his unapologetic glory.
705.
Post 14601604 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.49h):
bitcoin still has a flaw that it cannot scale.. you can take that anyway you want to. .. if its fud well too bad.. bitcoin still cannot scale. i have the intelligence to understand and accept this fact, while you on the other hand only have the intelligence to insult people who disagree with you. i think my little seven year old niece can do that and her brain isnt even fully developed yet.
once again, it doesnt matter if the price goes up since i am sitting on a pile of coins in cold storage.. if the price were to go lower to a point i feel is a buy then i might buy more. what i am not going to do is sit here an come up with different bullshiat to lie to myself and everyone like you do everyday.
+1 Aztecminer is exactly right and I am in the same position. You can keep pumping and make my cold storage coins more valuable if you want, but I'm not putting in one more dime until scaling gets fixed and it's not fixed.
ditto!
hahahahahaha.
Searing... I didn't think that you were dumb like those two... .....
ouch.
I'm reminded of description of Geoffrey Howe from the 1980's .. "like being savaged by a dead sheep".
Although I suspect a dead sheep has more charisma than JJG.
706.
Post 14605866 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.49h):
707.
Post 16025284 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.57h):
*Edit: Btw...
look at the Dow Jones... for the last 5 days. ... stuff is about to happen! Probably the
last "Hail Marry!" pump before the big crash.
*Edit2: Basically the calculations and the numbers say that the big crash will be starting
September 21-22 .. and it will go
7 days of trading. Reaching the 8th day on
October 3. I suggest people should stop gambling and get in to physical things like Gold, Silver,
BTCitcoin before/till then.
lol. The Stock markets especially in the USA are super bullish. There is not even a slight sign of an incoming crash.
I know a lot of people would bet all their money here on a financial collapse because they wish so. But people have been calling dooms day for decades and still
nothing has happend beside the 2008 money printing and the tech bubble.Wishing that something happens doesn't make it happen.
While I agree that the average BTCultist's obsession with financial armageddon is predictable and tiresome, you can't ignore the fact that the statement you just made (in bold above) is incredibly ignorant. Describing the GFC of 2008 as some "money printing" is akin to calling Hiroshima "urban redevelopment".
The roughly 7 year economic cycle of boom and bust has been occurring for the past forty odd years and we are overdue a recession; so you can understand why people with a bit more knowledge of economics than yourself are predicting some sort of downturn in the near future.
708.
Post 16140431 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.57h):
Actually old trees are pretty much done when it comes to soaking up carbon. New trees soak it up quite a bit as they grow. Clearing out old trees and planting new is good for the planet.
I don't know where you get your information from Elwar but it scares me you work anywhere near weaponry.
Old trees sequester far more carbon than young ones.
http://www.nature.com/nature/journal/v507/n7490/full/nature12914.html"large, old trees do not act simply as senescent carbon reservoirs but actively fix large amounts of carbon compared to smaller trees"
Also, geographic location plays a part - older trees in the tropical region sequester far more carbon than younger trees. And guess where we are cutting down trees at the most rapid rate. The tropics.
709.
Post 16759030 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_14.58h):
I'm referring to Yuan.
Obviously, otherwise we'd be well in excess of the ATH.
710.
Post 21521323 (copy this link) (by nanobrain) (scraped on 2020-04-04_Sat_15.20h):
we have broken down through the medium term support line
this could just be the mother of all bear traps...or things could get really ugly
You like a little drama in your posts?
Seems as if you are exaggerating a bit.
Look, we were just at these price points a week ago (which is a 15% correction), and it would not be unreasonable to have a 30% or more correction. I have my doubts about a 50% correction, but sometimes, momentum has it's own effect, and sure as fuck, bitcoin likes to overshoot expectations, no? We are not beyond overshooting, but there is no need to exaggerate and to act like there is some kind of doom and gloom going on in bitcoin at this time, and there seems to be considerable and ongoing buying support, at this level and at lower levels, if we go there.
NO need to panic yet, boys and girl.
We both know that bitcoin always has the potential to lose on the order of 40% of its value in a matter of days. It has happened many times in the past and yes, I have found it rather dramatic when it happened. Were it to do that now it would put us under 3000 USD. Such an event would not shake my faith in the long term exponential bull, but newcomers to the space should be aware of the possibility.
O.k. So your reason for drama is to help out the "newcomers" to better understand the market movements of bitcoin? A bit patronizing, no?
Yeah, newcomers can look at charts, and yes, there are a lot of people who jump into something blindly, so are these "newcomers" gonna understand your drama for what it is? A warning or you want to call it an "awarening"?
Jesus, you still have that fucking massive stick up your ass.
Since when is someone doing some speculation in a speculation thread 'some drama'. Please don't answer that with one of your fucking dull as dishwater walls of text, it was rhetorical.
The best thing noobs can do is put you on ignore. This thread went down hill the day you turned up and you drove a lot of good people away with your pedantic bullshit.
