All posts made by beetcoin in Bitcointalk.org's Wall Observer thread
1.
Post 3705029 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.28h):
So what do you guys think? Is there really resistance at 800? Consolidation or crash? The volume is kinda low...
well it is the weekend after all. we'll probably find out tomorrow. maybe another big retailer/company will announce its adoption of BTC tomorrow.
2.
Post 3705536 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.28h):
We're relatively stable at these levels for about 2 days now. I think that maybe rpietila is right about a stabilized period. Watching...
it's been the weekend the past 2 days.. volume is usually much lower. that's not a good indicator at all. i'd say we'll have a better feel by wednesday.
3.
Post 3712037 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
meh missed to sell at 808$ I think weīre going deep down slowly
Regulation anxiety (assumed risk) has decreased significantly post-hearings..
With fresh blood and continued SecondMarket purchasing, I vote for up, up being more probable (though hopefully at a "Bitcoin slow" rate).
yeah, it's hard to really know what's up.. now moreso than the april bubble and bust. china's fervor has died down a bit, but the senate hearing changes the whole game. it gives the OK for major retailer to start accepting BTC. if we don't hear any big announcements within the next week or two, i think it might take a dip.
4.
Post 3712906 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
fucking coinbase.. i was going to get some BTC to buy me some LTC shares, but now it's gone up to $11 on btc-e, while BTC has remaind the same.
5.
Post 3713165 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
Holy shit what a fucking moron. Some people REALLY need to be protected from themselves. Obviously, no risk no gain but people like that don't deserve that amount of money.
No they don't deserve it, and that's why he has nearly lost it all. Unfortunately for his sister too.
So sad. No sense of responsibility at all, his ONLY duty is to protect that money and instead investing a small chunk he gambles it all by day trading Bitcoin.
Honestly, I feel a lot of pity for his sister - not at all for him.
i agree, he is just an idiot for spending someone else's money.. and then thinking about not paying back. a lot of money in the wrong hands is just.. bad.
6.
Post 3713269 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
I'm thinking he must be a troll. No way anyone can be that reckless.
Definitely losing 75% of your capital by trading an asset that went from $13 to $900 in less than one year sounds fishy. You really need to be a special kind of retard to do that.
he's in his 20's.. i don't know if he's a troll or not, but it wouldn't surprise me if his story is true.
7.
Post 3714219 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
I panicked a little earlier and have a sale of 0.44 BTC for 223.08 GBP pending on localbitcoins, fortunately the seller hasn't responded yet, I'm pleading for him to cancel ! I hope he does but hes under no obligation to do so. I was planning on buying back in at a lower price, thinking we might see the $600s again. The stability of the past 3 or 4 days has been making me really edgy for some reason though I'm very confident Bitcoin will go into quadruple digits next year but at the moment I think it's too soon. I'm imagining a lot of sell offs before christmas but at this rate who knows!
Well if this is the general sentiment it just means that we are going up and fast.
There really isn't enough merchants accepting Bitcoin yet, I know its still very early days in the grand scheme of things but you would of thought we would be hearing many more big companies getting on board given all the media attention recently.
Also a big sell-off just before we hit $1000 again is guaranteed in my opinion, especially if its a slow gradual build up. If there is a lot of pace behind it then I'm sure those looking to sell would hold off and see where it goes.
yeah, i think a lot of small-time holders will sell off at or around $1,000.. all you need is a manipulative a few big-time holders at $1k to make a sell wall and we might see a big crash.
8.
Post 3714349 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
Yet I have to see the big drop to 300-500 that so many oldtimers here seem to be expecting.
it reached late 400's after the all-time high though... maybe not in the past 2 or 3 days, but it definitely happened.
9.
Post 3718373 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
don't you guys hate this feeling of nervousness, waiting by your computer checking a ticker to see if your investment has reached the point of 0? it gets tiresome, but it's money.. i MUST HAVE.
10.
Post 3718395 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
don't you guys hate this feeling of nervousness, waiting by your computer checking a ticker to see if your investment has reached the point of 0? it gets tiresome, but it's money.. i MUST HAVE.
I sit here waiting for it to go to the moon, as of late thought I've been trying to watch a crash occur..I was playing indoor soccer the last time it crashed.. le sad
this whole BTC is now occupying my mind, taking me over.. i think i need to meditate or do something that removes me from this constant antsy feeling about making a decent amount of money.
11.
Post 3730948 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
man, i made a deposit for BTC on saturday so i could buy some litecoin.. it was trading for $9. i have to wait until december to get my BTC.
every day is a roller coaster ride when you play the game of bitcoin.
12.
Post 3731031 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
just a few months ago, LTC was trading at 6 cents per litecoin.. while BTC was 100+. LTC has exponentially multiplied, probably based on speculation.. but still. i was going to buy $100 worth but got too lazy to make a purchase.. i really, really regret it now. but what can i do? life goes on. argh, i would have 1666 coins now.
13.
Post 3731208 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
can i ask a question? when the buy is smaller than the ask/sell number.. that means there are more people willing to sell than buy right?
14.
Post 3733453 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
this boom cycle wasn't anything like the one from april, or the one from 2011 (at least from what i hear). it's insane how it exploded and has been stabilized for a week. then again, isn't that the requisite for the point of singularity?
15.
Post 3733834 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
where are you guys finding these order #'s on bitcoincharts/bitcoinity?
STAMP:
9k coins to $1k
5k coins from $1k to $8k
All the newborn millionaires want to cash out at $1k
They do not realize that we will go up to 5 digits like a hot knife through butter once that the $1k resistance is broken.
Dude, do you ever sleep?
You seem to be compatible with about 3 different time zones!!
lol money never sleeps.
16.
Post 3733907 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
STAMP:
9k coins to $1k
5k coins from $1k to $8k
All the newborn millionaires want to cash out at $1k
They do not realize that we will go up to 5 digits like a hot knife through butter once that the $1k resistance is broken.
At this point I sort of feel like converting to USD is as useful as converting to dirt. I think anyone still holding at $1k+ has already "cashed out" of fiat.
i'm thinking these young guys who don't have that much money or assets (outside of bitcoin) might cash out to buy a little something for themselves. hell, there's even that party in frankfurt, where it seems like hundreds of people will cash out at least 1 BTC.. that's bound to have some sort of effect.
p.s. i'm whoring myself out for your primedice
17.
Post 3733928 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.29h):
STAMP:
9k coins to $1k
5k coins from $1k to $8k
All the newborn millionaires want to cash out at $1k
They do not realize that we will go up to 5 digits like a hot knife through butter once that the $1k resistance is broken.
Dude, do you ever sleep?
You seem to be compatible with about 3 different time zones!!
Judging by his overall posts he gets some healthy 4-6 hours of sleep.
Most of us won't make it till 80 anyhow
))
Look at mine: I never sleep!
https://bitcointalk.org/index.php?action=profile;u=18158;sa=statPaneli feel like i'm posting far too much, and the more i stay on this forum, the more greedy i get.. yet despite knowing this, i'm on here as much as i can fucking be on here. HELP.
18.
Post 3742582 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
Hows about:
Bitcoin = Bits = 1 unit
cents = cBits = 0.01 units
millis or mills = mBits = 0.001 units
micros or mics = μBits = 0.000001 units
Satoshi or sats = 0.00000001 units
nanos or nans = nBits = 0.000000001 units (for when 1 Bitcoin = 1 Mega dollar or BTC1 = M$1 = $1,000,000)
This has flawless logic, but I still wonder about that coffee being 'two mills' and we probably need the 'bit' in there to keep it connected to Bitcoin.
So 'millibit', or back to 'embit' for me..
I like Bitcoin for full units (shortened to "coins" in common use), mBit for 0.001 units (shortened to "bits"), and Satoshi for 0.00000001 units (same term for common use)
xCoin doesn't sound unique enough to bitcoin though, it could or would be confused with other cryptocurrencies. i think it should be xxxBTC.
so mBTC, sBTC, uBTC.
19.
Post 3758471 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
Why did you do that?
I don't smoke , I drink occasionally so I was happy there were no escorts accepting bitcoins , so my stash was secure.... and now...
1 Hour 1.40 BTC
they even have a man for the ladies who hold BTC
http://www.birminghamescorts.co.uk/male-birmingham-escort.html 
20.
Post 3761990 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
Coming Soon...
=1 BTC That was... predicted urm.. Yesterday???
That's a kilogram of gold.
or that's chocolate
21.
Post 3765982 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.
I think we need to move to mBTC before folk begin to understand this.
A guy at my work didn't understand this either and he's a programmer like me. He assumed that they could only be moved in whole units and didn't understand how that would work if its a currency. When I explained it can be divided to 8dp, and that could be changed in the future he was like "ahhhhhhh that makes a lot more sense"
When you have studied bitcoin a long time yourself it might come as a shock how little common folk know about this.
I can also confirm this. A friend came to my house yesterday while i was looking at some charts.
He was surprised that it was around 1000usd. He asked who was going to buy it so high? i said that you could divide it and buy a small part of btc. It made more sense to him since he did not know that.
more and more i think about it.. we must be insular psychos to the sane people. everything we eat, shit, and breathe is in bitcoin. that's all..
22.
Post 3775054 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
i love being part of something that can be a possible historic paradigm shift in mankind. the making money part doesn't hurt too much either.
23.
Post 3775083 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
How big can the precious numbers market possibly be?
Honest question: Is $10,000 possible in 2014?
Who knows. I hope so, but that sort of increase in price isn't healthy if companies are developing things for bitcoin at the same pace. Speculation with no development of infrastructure isn't good for bitcoin.
all we need is just for a major retailer to jump in the pool. that'll start the singularity of the next phase (whatever it is). most investments would be speculation, but it would at the same time make bitcoin a legitimate world currency.
24.
Post 3775115 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
all we need is just for a major retailer to jump in the pool. that'll start the singularity of the next phase (whatever it is). most investments would be speculation, but it would at the same time make bitcoin a legitimate world currency.
What's going to happen is that first exporters are going to start insisting on payment in Bitcoin instead of Dollars.
Then the retailers will get onboard by necessity.
there is more reason, at least for me, to believe that bitcoin will be accepted by a major retailer.. we're already hearing tons of chatter about ebay/newegg/amazon/tigerdirect accepting BTC.
btw, what is the reason why exporters would want to transact with btc vs.the dollar? my angle with retailers, transactions would cost them significantly less than dealing with paypal/visa or whatever the establishment is. if the retailers could recoup 99% of their revenues vs. 98% (with the status quo 3rd parties).. it would be a huge paradigm shift since retailers make such small margins that 1% would be insane.
25.
Post 3775195 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
all we need is just for a major retailer to jump in the pool. that'll start the singularity of the next phase (whatever it is). most investments would be speculation, but it would at the same time make bitcoin a legitimate world currency.
What's going to happen is that first exporters are going to start insisting on payment in Bitcoin instead of Dollars.
Then the retailers will get onboard by necessity.
there is more reason, at least for me, to believe that bitcoin will be accepted by a major retailer.. we're already hearing tons of chatter about ebay/newegg/amazon/tigerdirect accepting BTC.
btw, what is the reason why exporters would want to transact with btc vs.the dollar? my angle with retailers, transactions would cost them significantly less than dealing with paypal/visa or whatever the establishment is. if the retailers could recoup 99% of their revenues vs. 98% (with the status quo 3rd parties).. it would be a huge paradigm shift since retailers make such small margins that 1% would be insane.
Do you think international money transfers and currency conversions are any cheaper than visa transactions?
good point, can't argue with that. i brought the point up to understand more about that position, not to confirm mine.
26.
Post 3775252 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.30h):
100k is even possible given the exponential rate of growth that can happen... not saying that it will or won't happen, but such a small portion of the world has access to bitcoin.. there is such a huge market, and one major player making a move could be what does it. i would consider $1 million in 2014 extremely unlikely, but who knows?
27.
Post 3786860 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.
Are you being serious? A crash is precisely what 90% of this forum wants. How many times have I heard people screaming for "cheap coins"? It's a sign that we all want more coins (faith in BTC's future) but we feel like we didn't quite get enough of them at the price we wanted .. ($0.01)
i choose no sides, but people seem to want a crash to something in the 100's or 200's. at least that's most of what i've seen... which is unreasonable.
28.
Post 3789280 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
i'm going go out on a long shot and claim that on monday or tuesday next week, we're going to get a big announcement that some retailer is going to accept BTC
29.
Post 3789375 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
i'm going go out on a long shot and claim that on monday or tuesday next week, we're going to get a big announcement that some retailer is going to accept BTC
Lots of retailers already accept
BTC.
https://bitpay.com/directory#/i'm talking about a major retailer, like newegg/amazon/tigerdirect. i didn't recognize any of the retailers on that list.
30.
Post 3790836 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
at the rate we are going, we need new events every 4 or 5 days to prop BTC up. what was the last major news event anyways? the senate hearing weeks ago?
31.
Post 3791142 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
Nah I don't think he is either, I just mean someone with some money to spare saw an opportunity to manipulate the media and they capitalized. Not exactly ethical, and if the media does any research (I know, laughable), they might reveal the news as such. That'd play into their "pump & dump" rhetoric quite nicely.
I agree. On one hand, no matter what the motives behind these donations were, the kid did receive a CRAZY amount of money for nothing and that alone is perfect material for a news story.
i should follow the local news van around, and wait for the cameras to start rolling. then i'll run across the screen naked, shouting "i love bitcooooooooin."
32.
Post 3793475 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
so wild man, so wild.. down $300. i am going to call a bottom of $600 though.
33.
Post 3793525 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
$800 to $870 in minutes, looks like we may be headed for a rebound.
34.
Post 3793603 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
it's been like this for a month.. the new crashes have been significantly different from the past ones; they weren't nearly as large in scale. can we say we are in a new era now? i mean, crashing from 1150 (bitstamp) to about $800 is a big deal, but going from $32 to $2, and $265 to $70 is much more significant, at least ratio wise.
35.
Post 3793652 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
i'd be much more willing to play arbitrage if i weren't so concerned with tax issues. maybe that's a good thing though, i might be one of those fools who buy in at $1,100 and sell at $850
well, it looks like we are well on our way back to our starting point.. $1,020 now at bitsamp.
36.
Post 3794176 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
it is.. what's going on? it was growing by 1 page every 30 minutes it seems.. now it's all a sudden halt.
37.
Post 3794199 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
Well, it is late Sunday night on the West Coast US-- most everyone is probably is asleep.
bitcoiners sleep? there is definitely something wrong then.. normally they'd be here, ready for speculating for the upcoming week.
38.
Post 3797360 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
it has popped twice, one from $900 to 500.. and just yesterday from $1200 to $800. why do people not see this? it was a crash, but it inevitably rebounded.
39.
Post 3801688 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
man this is just nuts.. now LTC is dropping. down from $40/per to $28.. still kicking myself for not having the funds to buy it at $9.
maybe the guy who bought all those PPC has a cat that went haywire on the keyboard
40.
Post 3801759 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
the trollbox on btc-e is going nuts, asking who it was that dumped all that NMC and PPC.
41.
Post 3802275 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
the fuck's up with quarkcoin
been wondering this, the quark enthusiasts are very into it in a genuine, non scammy seeming way, but I have been to lazy to figure out what is going on with it
I get the feeling that something might be, and I'm not into alts at all
Bill Still has been pumping it for some reason and I think Max Keiser got on board and has mentioned it a few times.
Sure the security aspect is good but to have 99% of coins mined in 6 months is just messed up.
the fact that max has mentioned quark coin has pretty much convinced me that he's in the game for the sole purpose pumping and dumping. i'll watch his videos, but fuck him.. i don't think he's some sort of angel.
42.
Post 3814816 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
wow, it's happened.. didn't think it would happen so fast. i was kind of hoping for BTC to run past gold before someone made the switch.. then it would becomes very newsworthy.
43.
Post 3815553 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
whatever happens, i hope the changes are made in a uniform sweep.. could you imagine how confused people would be? mBTC and BTC. in preparing for something like this, you have to account for the lowest common denominators.
44.
Post 3816037 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
i can't believe how stable it's been today.. for the most part, it's been $1,077 at bitstamp.. give or a take a few dollars.
45.
Post 3816607 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
It's funny. I've been one of the biggest bulls on here the last few weeks. Now, I look at the poll in this thread and see over 90% bulls.
Am I really one of the few that is feeling a little bearish right now?
I agree, if we flatline for a few weeks, I will expect an explosion right before heading into the new year.
But I must admit, I don't have full confidence this market doesn't want to try another sell off in the next few days or this coming weekend.
I just can't imagine that we are going to have a better bitcoin news month than the last month for at least a while. I mean Bitcoin was everywhere. But soon Christmas is going to be everywhere. And people are not as likely to hassel about investments going into the holidays.
Of course, maybe the sellers are happy just holding now. Letting the buyers catch their breath before we head north again. But, to me, it kinda feels like this rally might be over.
Please disclose your position. My guess is that you sold, and you are now talking bearishly because you are wanting to buy back lower. There is no indication that we will crash from here. People that heard about bitcoin through the media of the last month are only now starting to be fully verified and able to get money in. There may be more sell offs, though I would imagine that a lot of those who really wanted to cash out have done so. This "bubble" is quite different than the last ones. These last two sell offs were great for cooling the market off. We needed the train to slow, or we would be headed for serious trouble. The more new money that is parked in bids rather than panic market buying, the better off we are.
it's true.. i think last month, coinbase saw a 15% increase in its user base.. and /r/bitcoin on reddit is now the site's 50th most active subreddit. so many people post now compared to a few months ago that i'm just unable to keep with the developments there (well, okay, i post mainly here because of sig ads
)
i don't think we're quite mainstream yet, but we just took a pretty damn huge leap in that direction.
46.
Post 3816665 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
It's funny. I've been one of the biggest bulls on here the last few weeks. Now, I look at the poll in this thread and see over 90% bulls.
Am I really one of the few that is feeling a little bearish right now?
I agree, if we flatline for a few weeks, I will expect an explosion right before heading into the new year.
But I must admit, I don't have full confidence this market doesn't want to try another sell off in the next few days or this coming weekend.
I just can't imagine that we are going to have a better bitcoin news month than the last month for at least a while. I mean Bitcoin was everywhere. But soon Christmas is going to be everywhere. And people are not as likely to hassel about investments going into the holidays.
Of course, maybe the sellers are happy just holding now. Letting the buyers catch their breath before we head north again. But, to me, it kinda feels like this rally might be over.
Please disclose your position. My guess is that you sold, and you are now talking bearishly because you are wanting to buy back lower. There is no indication that we will crash from here. People that heard about bitcoin through the media of the last month are only now starting to be fully verified and able to get money in. There may be more sell offs, though I would imagine that a lot of those who really wanted to cash out have done so. This "bubble" is quite different than the last ones. These last two sell offs were great for cooling the market off. We needed the train to slow, or we would be headed for serious trouble. The more new money that is parked in bids rather than panic market buying, the better off we are.
My position is hold. In fact I'm currently investing a little addition fiat in alt currencies as high risk speculation. But as for BTC, I'm a long term hold.
PLEASE read my post history. I have been a huge bull.
But my gut instincts say we may not be going to new highs this time. We will see soon enough.
whether we see new highs or not is incumbent on news and development of BTC, which no one can accurately predict. if nothing big happens in the upcoming weeks, some holders might decide to let go.
47.
Post 3817536 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.
Quote
Oh, the 60GH single is blowin' on my feet
the $45 a day is also pretty neat
posting on the forum makes me feel very 1337
I never heard that tulips gave away free heat
blow me mods, seriously
guys, guys.. jojo's a girl. you might have to get in line for a round.
48.
Post 3817699 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.
Quote
Oh, the 60GH single is blowin' on my feet
the $45 a day is also pretty neat
posting on the forum makes me feel very 1337
I never heard that tulips gave away free heat
blow me mods, seriously
Wasn't that in this thread?
If that deserved to get deleted my entire post history is about to disappear.
Indeed. That should go into the first book of Bitcoin poetry.
bitcoinity just switched to mBTC by default - awesome!
so dumb, switched it right back.
I'm not convinced that mBTC is a good idea. Seems like some people just want to fool the market and noobs into thinking that bitcoins are cheaper than they are. One thing about Bitcoin is that it is the first 100% honest money. If it costs $1100 for each coin, then so be it!
but if BTC is to become legitimate, it has to cater to the lowest common denominator. people are irrational.
49.
Post 3817898 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
i just checked out a recent post by newegg on facebook.. they asked a simple question: "what would you like newegg to bring for your techmas this year?"
the comments section was being bombarded with "bitcoin bitcoin." we are 1 by 1 putting the pressure on them to start accepting. see here:
https://www.facebook.com/Newegg/posts/10152063129624168
50.
Post 3818043 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
I'm not convinced that mBTC is a good idea. Seems like some people just want to fool the market and noobs into thinking that bitcoins are cheaper than they are. One thing about Bitcoin is that it is the first 100% honest money. If it costs $1100 for each coin, then so be it!
I think it's evolution, not just for the noobs. Unless you look at it as commodity, not money. When my friends ask me how much have I paid for something in BTC, answering something like 0.055 sounds geeky, but that doesn't serve a purpose.
I think its fine for websites and shops to use mBTC. But the exchanges are a different story. Google shares are $1050, Platinum oz is $1350, Berkshire Hathaway shares are $172k. Let's see Bitcoin pass this sucker:
http://finance.yahoo.com/q?d=t&s=BRK-AI agree with this. I think there should at least be a link on bitcoinity to switch back. I personally don't like it so much. I looked at the live ticker and thought holy shit, someone just bought 13,000 bitcoins.. .. no, wait.. ah right. Confusing for my poor hungover noodle this morning.
Also, when i looked over and saw a volume spike on Dec 1-2 for 50 Million.. i was also like.. whoah.. that's a lot... no.. wait a min.
Would be nice to at least have the option for the old way too.
there is an option. just click on preferences in the top right hand of the page and switch it back to BTC.
51.
Post 3826339 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
Capital Gains.
god damn it, i should of never sold anything
i need to learn how to hide my Capital Gains, should i dump it in BTC?
Dude, we have a $750k capital gains personal exemption here in Canada....use it.
I'm going to move to New Zealand (from Australia) for a year when I sell mine. Fuck giving 45% of my BTC to the government.
If anyone wants to throw out a good tax strategy for an American, I'm all ears. I'm dreading having to pay on my BTC profits.
Long term capital gains. Keep your bitcoins for a year, and they qualify. Rates are far better than regular income tax, and are based on your tax bracket. If you manage to keep your regular income low enough, there is even a 0% rate. Most likely you will be paying 15%, unless you do quite well with your regular income . . .
also, if you don't have income or any other money coming in, you won't be taxed (after it turns long-term.. as in 1 year) on up to $35k if you're single, and $70k if you're married. i posted a link for this under the legal subforum.
52.
Post 3826941 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.31h):
"I can guarantee that hard-core libertarians are going to be disappointed with the first zones"
Well, at least a step in the right direction. Competitive governments is the way to go.
I still think we should arm up and take Somalia. That would shut up those "Why don't you move to Somalia" people.
talked to an anarchist who used somalia as an example, but he admitted that he doesn't want to live there.. wtf? he told me about the "everyone should have their own arms rule," and that by doing that, people have less reason to behave badly.. wtf?
53.
Post 3828516 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.32h):
Isn't tax only 15% capital gains after 1 year?
In the US, if you are in the two lowest tax brackets, long-term capital gains are taxed at
0%. That's how you legally avoid paying taxes on your bitcoin cash-outs.
So...
I gotta quit my job to cash out?
it's no longer 15%.. that was changed earlier this year to 20% capital gains if you have income higher than $35k/year.. or $70k/year married.
54.
Post 3828780 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.32h):
it's a bubble when greenspan says it isn't so
the guy probably has no bitcoin holdings, so he has no incentive to push it. that's all there is to it.
55.
Post 3848196 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.32h):
funny comment.. "i could be a millionaire now if i had only bought at its lowest point and sold at its highest" ... no offense, but no shit. this logic does not apply unless you actually own a time machine.
56.
Post 3858438 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.33h):
i'm no pro investor, but i am also starting to get a little bearish for the short to mid term. i won't be cashing out though, since my long-term plan is just to sit.
57.
Post 3859739 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.33h):
maybe those who vowed to sell after BTC hit $1k weren't wrong after all. well, at least if they re-buy in.
58.
Post 3860459 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.33h):
while there may be some legitimate similarities between april and this crash, there are a lot of strikingly unique things about this rally.
it has lasted longer.
the ATH stabilized for a lot longer.
the top was more resistant than the april rally.
59.
Post 3860524 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.33h):
Since everyone wants to compare this to April...
In April the 3rd day reached the lowest point of the crash - around $50 - that number was never touched again.
This is the 3rd day and the crash reached $650. Will it hold? Certainly it will be tested.
I don't think it will hold. But if we consolidate above $650 for some prolonged time, it will be the most bullish thing that has technically ever happened to Bitcoin.
This is the "crash" everyone has been talking about. This is not a correction. But is this the bottom?
I think we probably go lower than $650. If we do, that's fine, I will rebuy at a more obvious bottom. If we do hold, I'm happy to buy back a little higher too.
Maybe this is the bubblepop, but maybe it's just a flash crash caused by misinterpretation of news.
i may sound like a crazy conspiracy theorist, but i think it's more of a manipulation of the game by the chinese. the people behind baidu had to have known that coming out with this news would crash the price on some level.
60.
Post 3862972 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.33h):
either my limited number of bitcoins are going to provide me with a comfortable lifestyle for a few years, or i'm going to end up with pennies on the dollar.. but i'm going to stick with this until the end.
61.
Post 3873001 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
has this recent crash deterred any of the major retailers from accepting BTC? i know there isn't a whole lot of risk if they are using bitpay, but it's still negative news that could push them away.
62.
Post 3874875 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
if the price on mtgox is about the same as bitstamp, wouldn't it be a better idea to transfer your BTC account to bitstamp, coinbase, or any other exchange, and then cash to fiat?
63.
Post 3885905 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
what a roller coaster ride.. we are rebounding like a basketball
64.
Post 3886256 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
i was actually right-ish about our bottom for a change.. although it was a wild guess as to the resistance, $600 indeed was the bottom. too bad i didn't have cash to back up my words though. all the people fear-mongering with "it's gonna hit $100 by end of year" are starting to look really silly now.
65.
Post 3886786 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
What about this:
A triple double top, in the same shape that's been printing on a smaller time scale over and over again.
that looks like a volcano. does that mean BTC is about to explode?
66.
Post 3886845 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
Exactly what is going to happen to make 10's of millions of dollars suddenly run away from bitcoin? Which is what would have to happen to see the price slide. Other than wishful thinking, I can't wrap my mind around what you bears think is going to destroy bitcoin. Can any of you read an order book? After the April crash, the order book collapsed. It is building like crazy right now.
well for starters.. governments could start shutting down or regulating exchanges. that or government might announce that it will pursue tax evaders who hold bitcoin. i'm not bearish, i'm "idontknowish."
67.
Post 3886953 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
Exactly what is going to happen to make 10's of millions of dollars suddenly run away from bitcoin? Which is what would have to happen to see the price slide. Other than wishful thinking, I can't wrap my mind around what you bears think is going to destroy bitcoin. Can any of you read an order book? After the April crash, the order book collapsed. It is building like crazy right now.
well for starters.. governments could start shutting down or regulating exchanges. that or government might announce that it will pursue tax evaders who hold bitcoin. i'm not bearish, i'm "idontknowish."
And we might have another Carrington event, etc. Of course there will eventually be a push to find tax evaders using bitcoin, but the best way to get caught would be to sell on an exchange . . . Regulating exchanges? Having to abide by KYC? That would certainly kill bitcoin.
I was talking about the next few weeks anyway. Sure there could be bad news, but in my opinion the odds are greater that we have good news than bad.
well then we are not in disagreement. i thought that the bottom was going to be around $600 and was right for once. only problem is that i didn't have any fiat to buy BTC.
then again, if there were another group in addition to the baidu one, that were to purposefully throw some bad news out there.. there could have possibly massive panic and fear.
68.
Post 3887341 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
bitcoin really wants to hit that $1,000 mark again.. crashes say something about its volatility sure, but the way it just keeps coming back is also a sign that people really do believe in it.
69.
Post 3887386 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
man, this ride is so insane.. i'm not sure if most of our hearts can handle this. we're going to end up dying young from all the stress
70.
Post 3887526 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
Back to the moon!
fixed that for you. we fell off the moon and back into earth's orbit, and didn't quite like it there
71.
Post 3887604 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
Can't say that i'm not happy but it bothers me how young and iliquid (not liquid?) the market is when one order can swing it like 12%
doesn't that mean that there's a lot more room for growth then? it is kind of unnerving how finicky btc can be.
72.
Post 3887750 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
funny that china's price is lagging behind (or at a similar rate) other non-chinese exchanges... it was a complete flip from before the crash.
seems like china is not as big a driver for BTC now. then again, the chinese exchange is still by far the largest.
73.
Post 3887788 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
funny that china's price is lagging behind other non-chinese exchanges... it was a complete flip from before the crash.
Most bearish thing about this recovery. But no too bearish. China lagged other parts of the rally too.
China is ahead of Stamp.
by about $3-4 dollars per BTC.. the gap has closed and it's fallen in line with the rest of the exchanges.
74.
Post 3887859 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.34h):
Sold at 1200. Bought at 600. Doubled my bitcoins from 2 to 4. I wish I had more, but I'm not complaining.
congrats to you, you scored pretty big. i wish i had the balls to double up on my coins
75.
Post 3900747 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.35h):
im willing to buy at $300 troday, which is over $100 of market value by friday.
76.
Post 3902398 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.35h):
Wow. Someone's desperately trying to push the price down.
I can see 1500 in the horizon and its not a mirage.....
If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.
+1
If we break the ATH, we will be heading to $10k.... fck all these bears!!!
If whe break ATH, we can go to $10K. If not, we can not.
Man, analysis like this is why I keep coming here.
how about this one: if we break the ATH, we will have the highest price per bitcoin.. ever.
77.
Post 3902488 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.35h):
Wow. Someone's desperately trying to push the price down.
I can see 1500 in the horizon and its not a mirage.....
If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.
+1
If we break the ATH, we will be heading to $10k.... fck all these bears!!!
If whe break ATH, we can go to $10K. If not, we can not.
Man, analysis like this is why I keep coming here.
how about this one: if we break the ATH, we will have the highest price per bitcoin.. ever.
Can you back that claim up with a chart? Preferably with lines added manually.
your wish is my command. it took a bit of effort to get this going. i hope you give me free BTC to my wallet. plz halp, i need the money for food and a tesla.
78.
Post 3902777 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.35h):
im going for 1200 for the month.. i've been slowing down a lot lately since it's way too damn much posting. i'll probably end up doing 300ish a month once the 17th is here
79.
Post 3915177 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.35h):
Mark it. $200 by Friday.
'nuf said.
Uhh... that was a joke, nitwit. Made obvious by the tone. I was quoting someone else.
Hard to tell what is and isn't a joke with you, I guess. Sorry bud.
"Mark it" is from "The Big Lebowski" - you would have to be culturally illiterate to not understand the reference. And to think I believe we would really be heading as low as $200...
i don't even remember the "mark it" line and i'm a big lebowski fan though.
80.
Post 3915476 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.35h):
yeah, well, uh, that's just like.. your opinion, man.
81.
Post 3917482 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.35h):
Did Keiser dump his coins?
Max Keiser @maxkeiser 5m
JPM will attempt to use patent trolling (the way MPAA uses copyright trolling) to terrorize BTC users. Is BTC community up for this fight?
Max Keiser @maxkeiser 9m
Based on JPM's patent trolling initiative combined with TPP global IP capability we are lowering our BTC target price from $1,700 to $1,400
Hmm. Who would they file suit against? Cryptocoin developers themselves?
well, i wouldn't put fear mongering past max. maybe he's genuine though, and he's just using the anger of the general public against the big banks.
82.
Post 3925809 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.36h):
wasn't china testing 6000 last night? went bullish, at least a bit.
83.
Post 3929515 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.36h):
MtGox really sliding down the ranks:
exchange volume % volume ฿ last price
bitstamp 35.9% 29710.3 865.4 USD
btce 29.8% 24640.5 848.0 USD
mtgox 24.8% 20525.1 902.5 USD
https://bitcoinaverage.com/#USD|nomillibit
score.. they are trailing behind bitstamp by about 9 million. i love when this happens, as the onus is on them to improve their system.
84.
Post 3929675 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.36h):
has anyone realized how lopsided btc china is? when is there going to be competition there? that exchange by itself, when it's daytime there and night here, is bigger than every other exchanged combined.. that's nuts.
85.
Post 3943987 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.37h):
whoa nice.. the more and more money that gets into BTC, the better for all of us
86.
Post 4022252 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.41h):
this is a sobering reminder that bitcoin is not all invincible. people were talking about btc hitting 1400 or 2000 by the end of year.. that does not appear so likely.
87.
Post 4053792 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.43h):
i really have no idea what's going to happen long-term. this recent crash should be sobering to some people, as bitcoin could be forever relegated to a black market asset/currency.
88.
Post 4142378 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.46h):
Such wealth...
So Christmas...
Very fashion...
MUCH DOGE...
I think you need to come up with more creative ways.
so what did snoop dogg say to your endorsment suggestion?
Snoop said:
HODL!!! hold your snoop doge-dog-coins
89.
Post 4164126 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.47h):
i don't like to take extreme positions.. i have no idea where bitcoin is going. it's probably 50/50 at this point. sometimes i feel bearish, other times i feel bullish.. becuase when you consider the facts presented, there's validity in both arguments.
90.
Post 4245505 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.49h):
One question related to those funds is if some of them might belong to people who committed no crimes (or at least have not been convicted of them). I'm have little doubt (in fact, I pretty much know for sure) that there's precedent for the cops just keeping the whole lot but still.
I'm still wondering how they got the coins. If he's claiming them back, it suggests he didn't hand them over (i.e. as part of deal). So, weak password?
Maybe no password. If he didn't have the sense to have it distributed through multiple offline wallets with some kind of auto-drain for at least some of them...
Feds don't seem to be doing that either.
Didn't the feds capture him in a library while he was using his laptop? If they got the laptop while it was on, they could easily copy the wallet files. As for the password, maybe he had it stored in a txt file somewhere on his laptop?
if that is the case, then he's really really stupid for not using cold wallet storage.. or hiding it somewhere in the event of him being caught. can't believe such a reckless guy would maintain SR. you don't even need to be smart to realize that all your shit will be taken when caught.
91.
Post 4279367 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.50h):
wow, i haven't checked in a while.. seems like volume has bottomed out.
92.
Post 4336357 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_11.51h):
DogeCoin will be a funny but dead meme in 4 years:)
DogeCoin is lulz, but it's ridiculous that it has a 6 million dollar valuation.
I know and in four years we can be like remember doge that had a six million valuation! Haha
Also at the lambo pics mine does not do that. Maybe i should get a new one?
someone's gotta make a picture of a dog sitting in a rocket to the moon.
93.
Post 6432665 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.41h):
Good news! NO FUD.
BTCChina:
http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033
A chinese guy on tradingview chat was telling me this yesterday. a lot of chinese are not concerned at all - after all, the chinese have declared that they cant ban it, dont have the authority to ban it, and dont wish to ban it. There will be a loop hole in the system for deposits somewhere. ill bet on it, seems like the chinese think so.
thanks for posting.
China needs to die before the bull market can resume. The reason is simple: A China market that is still alive can die. A China market that is dead cannot die because it is already dead. That sucks for the Chinese traders and investors. Blame the PBoC if you like, but it's the truth.
i don't think so. BTC doesn't really need china that badly. other bullish news can push BTC to the top. plus, each time china yanks its chain, its actions become less and less significant.
94.
Post 6839807 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.45h):
so what bit of news has come out to make it jump by $40 overnight? we're approaching summer now; is it time to heat up?
95.
Post 6884860 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.46h):
So, does anyone know who decided to buy: China, or the West?
it must have been China, we would be at 50$ without anyway
What do you think about ltc/btc?
Buy with both hands or wait a couple more day?
It is a great time to flip some extra BTC into LTC...the ratio is lower than I have seen in a long time. I have had really good success in flipping these back and forth. Ultimately holding much more BTC is better IMO, but hedging with some LTC never hurts...
seems to me that LTC was intentionally being pumped and dumped though.. if the people who were behind it don't want to do it again, you might end up losing some money.
96.
Post 6884912 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.46h):
Has China banned Bitcoin this week yet?
I heard China banned Windows 8 this week
if this is true, it's a real blessing to the Chinese people.
I hate 8
china should only ban legitimate copies of windows 8. they will burn/counterfeit their own DVDs and sell them themselves.
97.
Post 6885093 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.46h):
i guess i'm in the minority in that i find apple's o/s to be counter-intuitive. it slows me down using it. on the other hand, i still fucking hate windows 8 on my laptop.. so damn annoying how the metro screen accidentally pops up, and how i have to resort to a third party software to have a start button.
98.
Post 6885210 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.46h):
i guess i'm in the minority in that i find apple's o/s to be counter-intuitive. it slows me down using it. on the other hand, i still fucking hate windows 8 on my laptop.. so damn annoying how the metro screen accidentally pops up, and how i have to resort to a third party software to have a start button.
Why do you need a start button? I hated 8 in the beginning but would never go back now. Instead of using mouse to find programs/functions in start menu, you just hit windows button, type first 2 or 3 letters of program and hit enter....and program starts. Plus search is way quicker than any other windows/mac/linux ever.
People just seem to hate change. I code using ubuntu cause for c/c++ its just better, but it suxs as an operating system. And lets face it, if you are worried about the NSA, use TAILS or give up.
because i prefer clicking on a logo instead of typing something in. sometimes you don't even remember the name of the application you're looking for.
if people hated change, then they wouldn't have accepted windows 7 with open arms.. as they did.
99.
Post 6886489 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.46h):
hasn't china's actions been muted by now? they have cried wolf way too many times. i'm guessing the price reflects china's on/off stance with bitcoin, and the only way it can move the price by now is by making positive news for bitcoin. i guess they could release good news, and then grim again just to mess with the price.
100.
Post 6906729 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.46h):
i would play this game of arbitrage, but the whole tax issue.. is an issue for me. do you guys who buy and sell have a tax plan?
101.
Post 6934223 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.47h):
wow, time to brace ourselves for the roller coaster ride
seems kinda unusual to see such a huge jump on a sunday.
102.
Post 6938565 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.47h):
maybe that's the case, but anything could happen.. especially if some big companies like ebay/paypal/newegg jump into the game. new ETFs and big time players jumping into the game could really catapult everything.
103.
Post 6943788 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.47h):
man i love how there's so much tension now.. everybody is gearing up for some huge explosion. it's time for some excitement.. i'll never forget last year's bull run felt. it was just disbelief after disbelief.. it went from $100 to $1100.. nuts.
104.
Post 6943919 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.47h):
man i love how there's so much tension now.. everybody is gearing up for some huge explosion. it's time for some excitement.. i'll never forget last year's bull run felt. it was just disbelief after disbelief.. it went from $100 to $1100.. nuts.
I agree about last years run up. I don't think I will ever forget that feeling either. Constant happiness coupled with not being able to do anything without checking charts every few minutes.
i wouldn't call it happiness, not for me at least. excited is more like how i felt. if i were to use the word happiness, i would have to have a feeling of being content. i guess i didn't have enough bitcoins to make me feel content with prices at $1200.
105.
Post 6943964 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.47h):
man i love how there's so much tension now.. everybody is gearing up for some huge explosion. it's time for some excitement.. i'll never forget last year's bull run felt. it was just disbelief after disbelief.. it went from $100 to $1100.. nuts.
$5 to $260 was actually more fun, in that it took longer but was more methodical with a five or ten dollar rise everyday and was much more unexpected. The problem now is everyone expects fireworks, all the time and for history to repeat itself, only bigger.
Its rather like a good Hollywood movie that embarks upon a run of sequels, each one is bigger and louder yet somehow leaves everyone unsatisfied.
$10 to $260 didn't last very long though.. it peaked and crashed within what, 2 weeks? i don't remember correctly, but it felt something like that. the november $120 to $1,200 lasted what seemed like at least a month. if i recall correctly, it rebounded to $800 by the end of the year.
106.
Post 6944429 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.47h):
man i love how there's so much tension now.. everybody is gearing up for some huge explosion. it's time for some excitement.. i'll never forget last year's bull run felt. it was just disbelief after disbelief.. it went from $100 to $1100.. nuts.
$5 to $260 was actually more fun, in that it took longer but was more methodical with a five or ten dollar rise everyday and was much more unexpected. The problem now is everyone expects fireworks, all the time and for history to repeat itself, only bigger.
Its rather like a good Hollywood movie that embarks upon a run of sequels, each one is bigger and louder yet somehow leaves everyone unsatisfied.
$10 to $260 didn't last very long though.. it peaked and crashed within what, 2 weeks? i don't remember correctly, but it felt something like that. the november $120 to $1,200 lasted what seemed like at least a month. if i recall correctly, it rebounded to $800 by the end of the year.
It actually took three months to get from $10 to $120...it then went vertical for a few weeks before Mark fucked up. But that initial momentum was completely new ground, exhilarating partly because it was less expected.
@Risto, I'm not bored simply trying to point out that not only are the better things in life best savoured but that 'wham bam' action generally leaves people dissatisfied. Ask your wife
The more you gee people up that they'll be overnight millionaires, the more distressed they are going to be when it either takes longer or doesn't happen at all.
oh that's right.. i think i got my coins in february, and then in early april it shot up to $260.. so 2 month period. it was a pretty fun bull run, i just don't remember even paying attention to bitcoin until towards the end of march.
107.
Post 6957804 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.47h):
not much has happened today, but i think everyone's still on edge. seems like everyone's waiting around for one or a few people to make a big move.
108.
Post 7081776 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.49h):
didn't think it would jump that much over the weekend.. i was away for some time. kinda surprised.. what's the cause for this run-up?
109.
Post 7082531 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.49h):
Looks like we are on track.
are you saying that dinosaurs were sent to the moon?
110.
Post 7084886 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.49h):
So.
When is this "small" correction going to end?
i don't know, but i'm still overall bullish.. i remember a good amount of corrections in the last run-up. i think everyone's appetite has been whet during these past quiet few months.
111.
Post 7084933 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.49h):
So.
When is this "small" correction going to end?
i don't know, but i'm still overall bullish.. i remember a good amount of corrections in the last run-up. i think everyone's appetite has been whet during these past quiet few months.
i thought $640 would be a nice base, guess not. Fucked right through it.
i don't know if i'm being delusional, but if i had money, i really thought that $400 would have been a good buying point.. but then again, i have no scientific or logical reason outside of my "feeling."
112.
Post 7120200 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.50h):
they wouldn't call it a roller coaster ride if you didn't have downswings in addition to upswings.
113.
Post 7121547 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.50h):
A cup and handle is gonna form soon.
that sounds like sexual harassment.
114.
Post 7139643 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.50h):
feels like the big whales are waiting for something to happen to spur a rally, but it's been relatively quiet the past few days.
115.
Post 7156334 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.51h):
Must be them sleepwalking Chinamen, eh?
I found some archival material of Jorge performing some early research into the Chinese Slumber Method
You can tell that this picture is a feigned Chinese slumber method b/c Jorge is giving us the finger, while he is supposedly slumbering.
maybe he held it that way because he hurt himself while trying to use the zipper.
116.
Post 7175948 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.51h):
while i'm not advocating for a crash, it's just not as fun when things are moving like a freight train
117.
Post 7275545 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.52h):
are all the people who were anticipating a big surge... the ones who gave up and sold some of their coins? it's been sitting around the 600's for about 10 days now.
118.
Post 7277246 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.52h):
I would pay a good amount of BTC for fonzie and his troll friends heads on stakes. This thread would be so much better without their stupidity and ignorance. Hell, the world would probably be a better place if they are that stupid in real life.
Yup (my last post was sarcastic).
I don't understand how we can have a small correction and then everyone is back to claiming we are in a bear market
it's because a lot of people here are the kind to panic. i guess they didn't get the memo that cooler heads prevail.
119.
Post 7277640 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.52h):
whoa.. major crash, no end in sight! time to run for the hills.
activate panic button now!
120.
Post 7277723 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.52h):
man bitcoin is crazy.. $8 jump within 4 minutes of each other. it was 599.1 and now it is $608.4. may sound like a small number, but to jump by that amount is so volatile.
121.
Post 7278847 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.52h):
bitcoins to be auctioned towards the end of the month, all 30,000 of them. you have to bid on the FBI's website. sounds like this might be affecting the price.
http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/
122.
Post 7279042 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.52h):
FYI guys, the coins will be auctioned off in 10 blocks of about 3,000 coins each... that means, at today's prices, it would be $1.8 million per block... but they'll probably get a discount, so let's say 1.5 million.
i don't think there are many investors willing to pay that kind of money. could it be something set up for wallstreeters with big backings to enter the game at a relatively low price?
123.
Post 7371843 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.53h):
oh man, the roller coaster is trending up up and up! could this be a post-correction of the FBI sale?
124.
Post 7385515 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.53h):
WOW, LEAKED INFO ON BIDDERS FOR US MASHALL BITCOIN AUCTION
Barry Silbert, CEO for SecondMarket
Luther Lowe, director of public policy for Yelp
Malcolm Oluwasanmi, chairperson of Little Phoenix Investment Group
Fabrice Evangelista, quantitative arbitrage at BNP Paribas
Michal Handerhanm, co-founder and COO of Bitcoin Shop
Dave Goel, managing general partner of Matrix Capital Management
Dinuka Samarasinghe, investment professional
Chris DeMuth Jr., Wrangeley Capital
Fred Ehrsam, co-founder, Coinbase
Jonathan Disner, corporate counsel at DRW Trading Group
William Brindise, head investment manager at DigitalBTC
Michael Moro, director at SecondMarket
Jennifer R. Jacoby, lawyer at WilmerHale
Sam Lee, co-founder, Bitcoins Reserve
Avarus Corporation
PLUS YELP AND BNP Paribas (fourth largest bank in world)
source please. looks like a few start-up type people, and not as many wallstreeters as i was hoping for. can't complain though.
125.
Post 7385545 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.53h):
126.
Post 7385655 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.53h):
WOW, LEAKED INFO ON BIDDERS FOR US MASHALL BITCOIN AUCTION
Barry Silbert, CEO for SecondMarket
Luther Lowe, director of public policy for Yelp
Malcolm Oluwasanmi, chairperson of Little Phoenix Investment Group
Fabrice Evangelista, quantitative arbitrage at BNP Paribas
Michal Handerhanm, co-founder and COO of Bitcoin Shop
Dave Goel, managing general partner of Matrix Capital Management
Dinuka Samarasinghe, investment professional
Chris DeMuth Jr., Wrangeley Capital
Fred Ehrsam, co-founder, Coinbase
Jonathan Disner, corporate counsel at DRW Trading Group
William Brindise, head investment manager at DigitalBTC
Michael Moro, director at SecondMarket
Jennifer R. Jacoby, lawyer at WilmerHale
Sam Lee, co-founder, Bitcoins Reserve
Avarus Corporation
PLUS YELP AND BNP Paribas (fourth largest bank in world)
source please. looks like a few start-up type people, and not as many wallstreeters as i was hoping for. can't complain though.
This just sample, 37 total
of which 27 are sure to go home empty handed
is there anywhere in the rules where 1 person/group cannot win more than 1 bid?
127.
Post 7392884 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.54h):
not much action in the past 2 weeks.. seems like it wants a reason to turn bullish, but nothing comes.
128.
Post 7408504 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.54h):
the last run-up was kinda unexpected and swift.. and the one before that too. this time, it seems like we're waiting around for the momentum to build up.. hopefully it'll unfold out differently this time.
129.
Post 7445424 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.54h):
Nice little weekend push, can't complain
let's keep it going, and stay above $600 this time!
just waiting until the marshall firesale goes on.. that might be an event that trips the wires up.
130.
Post 7594676 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.56h):
oh man, we haven't been this far past the 600 barrier in a few weeks. tomorrow will be the first monday after the firesale..
131.
Post 7622723 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.56h):
so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.
132.
Post 7623565 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.56h):
could the recent run-up have been anticipation for newegg's announcement? over a month ago, i remember bitcoin being around the mid 400's.. then it suddenly ran up to 680ish, went back down, and now it's sitting at 650ish.
also timing factors in.. newegg announced this right after the US marshal auction.. was that planned?
133.
Post 7626135 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.56h):
damn, i wish there were more transparency.. all 29k coins changing to one address .. sounds like one giant whale wanted to give a big fuck you to everyone else.
134.
Post 7628343 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.56h):
One buyer is very bullish. It means the sale price was likely higher than most anticipated.
It means only that one buyer with deep pockets was less greedy than all the others. They may all have bid at 475$, and he bid 480$
EDIT: typo, 460 --> 480
yeah right that is what happened..
oh and yeah other financial crisis are also comparable to the situation the worlds economies are in now
not.
i think he still doesn't get it.. if you want to buy 30k bitcoins, from an exchange, then it would cost you a lot more than $600 (spot price around that time) to get it.
135.
Post 7647607 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.57h):
it's gone up steadily in the past month or so.. but no explosion that we'd been hoping for. simple good news is not enough to get us there, but probably just wallstreet.
136.
Post 7661500 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.57h):
all this good news and bitcoin doesn't quite seem bullish.. i guess it's a little bit impervious. at this point, news on adoption rate probably isn't enough.. we're gonna need that ETF and wallstreet to see some big gains. or maybe people are just not in the spending mood right now.
137.
Post 7661871 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.57h):
all this good news and bitcoin doesn't quite seem bullish.. i guess it's a little bit impervious. at this point, news on adoption rate probably isn't enough.. we're gonna need that ETF and wallstreet to see some big gains. or maybe people are just not in the spending mood right now.
Looks bullish enough to me, nice horizontal bull flag forming right now and this could go on for a couple more days before the way up is clear of resistance. Price can't go up continuously in a bull market, it can go sideways for several weeks or retrace back a bit before moving up again.
it's been teetering and tottering between $570 and $670 for the past month. $200 gains in about 2 months is not bad at all, but not what we are used to seeing.
138.
Post 7682561 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.57h):
man, ltc has taken a real nosedive.. they pumped that shit good. when btc was $650 ltc was probably something like $20/per.
139.
Post 7728643 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.58h):
First we waited for the downtrend to end. Then we waited for the rally to start, according to the calendar.
Then we were waiting for the auction. What are we waiting for now?
seems the minor good news isn't enough right now.. so i'm just waiting on wallstreet and an ETF.. that's where the real money is coming from. newegg wasn't enough to push us on even a mini bull-run, so i don't think amazon would be THAT significant.. but it'd probably have a bigger impact than newegg.
140.
Post 7729335 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.58h):
i miss those days of excitement when you didn't know exactly how high bitcoin would goo.. and everyone was rejoicing.
141.
Post 7729583 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.58h):
In a truly free laissez faire system nothing is "too big to fail." Tax exemptions come from governments, what market ever gave anyone a tax exemption for anything? Let alone a laissez faire market. Don't sacrifice intellectual integrity to prop up a political agenda.
Laissez Faire capitalism, which in the US was brought
in by back starting with
Reagan, first allowed banks and corporations to grow and merge without limits. (Once upon a time, there was a US government that ordered the breakup of AT&T because it was too big. Would you believe that?)
Hilarious.
The AT&T divestiture was in 1984. Guess who was sitting in the oval office that year? (I gave you a hint.)
Also, you may want to read up on
the Glass-Steagall Act. It was neutered by the executive branch in the 1960s, and finally repealed by Clinton. From your recent posts, it sounds like you learned both economics and history from the same DNC fundraising pamphlet.
yeah both parties are complicit really. just read in noam chomsky's book that bill clinton and he reminds me that bill clinton hasn't necessarily acted in everyone's best interests.
in the end, it doesn't matter who the president is though. you can be bought with big money whether you're a democrat or republican.
142.
Post 7746447 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.58h):
Jesus H, why hasn't anyone kicked this loser Brock Pierce off of the Bitcoin Foundation yet? Hasn't he caused enough controversy yet?
Also, how do you have a Realcoin backed to every dollar when there are $65 billion of them (dollars, that is) printed fresh every month? Are they going to 'print' 65 billion Realcoins every month too?
Stupidest. Crypto. Idea. Evar.
You give them your dollars, they give you the realcoins. Then 5 years down the line, they revalue or say that they're no longer backing the coin with dollars (like the US govt did with gold) but they're still worth a dollar. Then everyone else kicks themselves for being so stupid and Brock Pierce puts on his scuba gear and goes for another dive off his yacht anchored in the Caribbean.
i find that pretty hilarious.. most people who use bitcoin like it for NOT being backed or tied to dollars. and now this guy provides something that is tethered to $USD. i think one common thing that all investors can agree on is: nobody is completely comfortable putting their faith into government-backed cash.
143.
Post 7792080 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.58h):
it goes from 615 to 630 and everyone is primed for the moon?
144.
Post 7815849 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.58h):
Funny, i was just thinking how we hadn't heard from him in awhile
yeah same here.. he's kind of like a star on this forum. i hope nothing bad has happened. he was rustling some feathers that.. had a lot of money and power.
145.
Post 7864343 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.59h):
i'm not holding out on any hopes of bitcoin taking off on a bull-run, at least not in the near future. i'm just hoping something will happen from october onwards.
146.
Post 7961043 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_12.59h):
while Bitcoin is not moving anywhere, the best way to make profits is to start looking at alts, and I dont mean the pumps and dumps coins.... I started doing this the last couple of days...
how can you really distinguish what is a pump and dump though? any new altcoin that is being released is probably pre-mined a good deal.
147.
Post 7975417 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.00h):
Objectively speaking, once an ETF is available as a public investment vehicle, anyone who does not at least have exposure as a small percentage of a tax-deferred retirement portfolio is completely out of their mind. That alone is a monstrous amont of capital, total US retirement assets are on the order of $20 trillion. Capturing just one tenth of one percent of that would be about $20 billion slamming right into the float.
If 20 billion were to slam into the market you would need to buy about 32 million bitcoins to satisfy the demand at current prices, which is of course impossible. Even if half of all bitcoins in existence were to turn over to new owners they would have to sell for an AVERAGE of $3000 per coin, which means of course that the peak price would be considerably higher. And that's only if half of the whole supply were up for grabs.
i don't think your math is correct. you are not scaling the price of bitcoins as demand rises. you can't just say "if you have 20 billion dollars and buy all the bitcoins, you'd need 32 million of them." because as you by more bitcoins, the higher the price will be.
148.
Post 7975700 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.00h):
Ha! Try using any ultra-capitalist third-world country instead of East Germany, and you will reach the opposite conclusion...
yeah, you could say the same thing about capitalism.. socialism is not great, but people act like it's the devil and capitalism is perfect.
149.
Post 8009378 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.00h):
i like how everyone is able to turn a downturn into a "it's going into bull mode soon!"
150.
Post 8011304 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.00h):
i don't foresee anything in the near future that would spur a big bull-run where there are big, new players in the market. i still hope we'll hit 1k by year's end, but i just don't know if that's the case.
151.
Post 8012561 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.00h):
So this week.....
AlienWare accepts bitcoin.
Baltic Air accepts bitcoin.
Dell accepts bitcoin.
Bitcoin drops around $30 for NO FUCKING REASON WHAT SO EVER.
Maybe everyone dumped their BTC and bought Ether for some stupid reason.
It just makes no damn sense what so ever.
Oh yah, there is a reason, all the idiot sheep lemming traders who trade BTC for no other
reason than its trendy.
I keep seeing articles about the biggest threat to bitcoin...
The biggest threat to bitcoin are this idiot sheep lemming traders who run down the price
on their own panics.
The general public is NEVER going to put large amounts of money into bitcoin
when they see articles about bitcoin dropping 10% overnight for no reason other
than the idiot sheep lemming traders panic or some moron hits the wrong button
and sells 2 million in bitcoin by mistake.
The idiots trading just to trade are going to run bitcoin into the ground and drive away
the general public who we need accepting it when they manage to drop the price 10%
overnight and cause panics.
you sound like a $ crazed bitcoin evangelist. you're angry because bitcoin price is not higher; nevermind the adoption rate or any other progress. meanwhile, you are calling them idiots for selling their bitcoins... because that brings the price down.
152.
Post 8058607 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.01h):
I am wondering whether it is time to buy or not. No sleep for me, I guess.
i guess a good night sleep isn't very valuable to you?
most common rookie bitcoiner mistake.
set an order and get some sleep...
yeah, after being sleep deprived and feeling deranged, i don't think you'd be in the best situation to make the right call.
153.
Post 8105391 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.01h):
oh man, bitcoin's price continues to bleed.. this is a long dry spell we've been in. i think the price is going to be more stabilized, so when we do have another bull-run, it won't go as high as it has done before.
154.
Post 8105640 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.01h):
oh man, bitcoin's price continues to bleed.. this is a long dry spell we've been in. i think the price is going to be more stabilized, so when we do have another bull-run, it won't go as high as it has done before.
What's the record for number of red daily candles in a row? I was looking back in time and had trouble finding a longer stretch.
i'm not sure, but i have lived through the last 2 bull-runs. april 2013 to early november.. so about a 6-7 month span. when was the bull-run prior to the april 2013 one? it's possible it could have been in 2011 right? i followed btc in december 2012.
155.
Post 8124730 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.02h):
well, at least we had a decent recovery back to 600. i was thinking it might drop sub $500 for a second or two there.
156.
Post 8155260 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.02h):
the difference between those old 80's style cell phones vs. the smartphone is that one is a computer and the other is only used for calling people.
157.
Post 8220327 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.03h):
bitcoin has become so much more stabilized these past months.. it's almost like the bipolar girlfriend that you didn't like when you were with her, but now that she's gone, you kind of miss her
158.
Post 8238991 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.03h):
Not too bad of a day so far for both BTC and LTC...it would be nice to see both build back a little momentum
LTC will go nowhere imo. Maybe shortterm, but longterm its dead.
it's likely you are right, but so far LTC is the best after bitcoin. in the future, if bitcoin becomes more mainstream and all the transactions slow down the blockchain, i could see litecoin building some steam.
159.
Post 8305303 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.04h):
It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...
What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."
If you're not a bear right now, then I'm sorry, but you're just insane.
That quote is from Sigmund Freud... heard of him?
And, yes... get a grip on the bigger picture.. 2014 is 7/12th's completed.. or 7.5/12ths or 15/24ths... or 5/8ths complete..
Even if this happens to be an overall "down" year for bitcoin, so fucking what?
Sigmund Freud may have said it, but it was originally spoken by Mr. Carl Sagan.
2014 has been one hell of a bad year for bitcoin. It's going to be harder than ever now to convince my friends to invest in an asset that has been decreasing in value steadily for almost a year. I think at this point any potential investor who looks at a long term graph is thinking... "OK, where else can I put my money?"
Sorry guys I'm not trying to "troll" you all, but you've got to admit this shit looks bad.
sigmund freud died in 1939. carl sagan was born in 1934. i doubt 5 year old carl sagan coined it.
160.
Post 8342532 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.04h):
i'm hoping for the day when a few million dollars moving around an exchange doesn't greatly affect the price of bitcoin.. that's when we will know we have made it.
as it is right now, even a small event could swing the price $30 in either direction.
161.
Post 8357131 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.05h):
One of the titans must fall this year: ebay, facebook, amazon, google.
I hope it's this year. If it's not, it's next year, unless it's not.
facebook and google do not really offer much in the way of services to common people, at least not one where you'd need to make a transaction.
amazon has shown little interest in accepting bitcoin, and ebay would be competing against itself (paypal).
162.
Post 8357543 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.05h):
One of the titans must fall this year: ebay, facebook, amazon, google.
I hope it's this year. If it's not, it's next year, unless it's not.
facebook and google do not really offer much in the way of services to common people, at least not one where you'd need to make a transaction.
amazon has shown little interest in accepting bitcoin, and ebay would be competing against itself (paypal).
e-bay CEO has as much said they are introducing BTC and new payment "wallets"
Meanwhile back at the ranch
haven't they been saying that since early in the year? yet nothing has happened.
163.
Post 8391354 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.05h):
show no mercy
BUY!
i don't know what to do, continue buying or wait for bitcoins to drop down to $300..
164.
Post 8421760 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.06h):
Why wouldn't bitstamp drop25$ to match btc-e
not enough vol for stamps to care really. probably the arbitrage is done already.
edit: just saw the spread.. whoa big dif from stamps to btc-e. dang. i'd almost rather be holding
dongs then bitcoin fuck!
wat a sore day for bitcoin.
i don't like touching dongs at all.. and i especially don't like feeling sore after holding a dong.
165.
Post 8441801 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.07h):
There's one regulation I want for bitcoin exchanges .. Somehow get rid of collusion from these markets. Kick out whale traders clearly buying and selling from each other to profit off minnows .
how do we somehow get rid of collusion? that would require a lot of market policing, something that a free market does not want.
166.
Post 8443662 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.07h):
A little flashback on the altcoin market which seems to be going to shit pretty soon
that's pretty awesome.. and relevant at the same time. the wolf of btc-e. now to buy some quaaludes with your cryptos.
167.
Post 8445674 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.07h):
I demand respect and adoration from every bull in this thread. A brief statement about how awesome I am will suffice for now.
I am only half bull, half bear, and half indifferent, but nevertheless admit my admiration for your awesomeness.
You've got to be kidding me.
half bull, half bear, half indifferent.. 150% a bitcoiner!
168.
Post 9099686 (copy this link) (by beetcoin) (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 $9 million into his bank account without arousing suspicion
anyways, i guess the upside is that we have a shitload of support at 300.
169.
Post 9099725 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
Good morning trolls. Is bitcoin dead yet?
completely dead yet, but 10$ its good news for last this years , look like 2013 before .. i am excited.. to mine it hhahaha
This could well be the most hardcore thread all over the web.
185k posts since april 2013.. i think there have been million post threads though, but damn 180k is a lot.
170.
Post 9099745 (copy this link) (by beetcoin) (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 $9 million into his bank account without arousing suspicion?
No, he plans to buy back around 400-600, thereby halving his money. He will do this repeatedly in order to get rid of all his money and avoid suspicion.
edit: I have no idea about this. There are too many reasons why this human could be doing this.
Itīs no human. Itīs a bank, goverment o corporation group.
We actually managed to last over an hour without illumaniti theories
quite possibly a record for bitcointalk. 13 european blood lines, man!
171.
Post 9099805 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
wallet link to the whale who just cashed out
http://bitcoinrichlist.com/address/1JX5hS3HyVT3VwnEgvoPLVu6ujPFH7BvrY?charttype=balancethose "bitcoin days lost" numbers are fudged when a whale moves his coins around often, doesn't it? tracking around all those coin movements would be a pain.
172.
Post 9099876 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
I've been stating this for a long time now. These coins either were freshly mined and out of a big pool that wanted to kill other pools by driving the price down (thus non profitable anymore) OR, the coins were already into the exchanges. In any case days destroyed is nowhere near where it should be... not for such a big price drop.
https://blockchain.info/charts/bitcoin-days-destroyedis there a way to track the coins down to their point of creation/origin? i took a few glances, and this whale seems to have had his coins since mid last year.
173.
Post 9099915 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
And he decided to sell at 300 when the price was at 1200 and more than 600 for 1 year? That not make a fucking logic. He could sell only the half at 600 and make 9 millons and use that to make a buy wall all sell the other half at 1000 or more.
Yes, "that make fucking logic". He could of been one of those who thought that bitcoin will reach 10k.$, and now he is no longer one of them. Or maybe he was 3 years "away" because of his SR endeavors. The options are endless when most of the coins are held by unknown people, with unknown intentions.
Lol, nice fantasy.
you wear a nice tinfoil hat.
174.
Post 9099930 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
I've been stating this for a long time now. These coins either were freshly mined and out of a big pool that wanted to kill other pools by driving the price down (thus non profitable anymore) OR, the coins were already into the exchanges. In any case days destroyed is nowhere near where it should be... not for such a big price drop.
https://blockchain.info/charts/bitcoin-days-destroyedis there a way to track the coins down to their point of creation/origin? i took a few glances, and this whale seems to have had his coins since mid last year.
You can check this only by relevance (judging from previous drops/risings) in the same chart. In any case big pools could very well have mined about 30K within half a month. If this scenario stands, what follows next is the drop of the hashrate (which is not yet valid - there was a spike up yesterday).
i think it could very well be a miner.. who else would shift their coins around that often? one thing is for certain though: at least 3k of those coins are from mid 2013.
After this wall the price will go to $1000 easily.
now i think you're just a troll.
175.
Post 9099993 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
Actually those coins had not been moved since September 2013 right? So that person may have not been able to access a PC during the November peak.
one fact can be established: whoever this guy is, he moves the coins around a lot.
it could be from operating a gambling site or SR even, i don't think it's a miner now though, since he'd have to sell the coins to cover costs, and it seems he hasn't been doing that.
176.
Post 9100024 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
Here is the problem with those that think this will rise after the wall is gone, all the shorts have bought from him, everyone that wanted to buy bought as well, where will the buyers or even a short squeeze come from?
extrapolating that bitcoin will rise after this wall is probably the wrong mindset to me. the only thing it proves is that we have massive resistance at $300. this would indicate that there'd be a more likely chance that it goes upwards of $300 compared to downwards. but i don't think it will be that much.
I do not understand about reading charts , can someone please tell me , what do you guys think is more possible in short-term future, bitcoi hitting 400-500+ levels or 200- levels?
It is sad to see a trend go away , every year usually people sell their bitcoins (like stocks) right before the end of the year but this time it was too soon and I think we will not have the 'every year bitcoin is getting bigger there is no down side' trend , we might get into 2015 with bitcoin worth less back when we get into 2014 :/
i'm not expert, but see above.
177.
Post 9100042 (copy this link) (by beetcoin) (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.
178.
Post 9100197 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
So finally the stable price. Who needs Nubits? We need a huge buy wall at 299
Stable for ~10 more hours, if that. The interesting bit will be afterwards
yeah im trying to decide if i should re-buy the coin i sold today. it's probably a good idea since we're seeing so much resistance, or "people gobbling up coins at $300."
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Post 9100563 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.20h):
damn, price jumped up $30 usd within a matter of minutes.
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Post 10134821 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.47h):
man this downward spiral has been going on for a year already. another year, and how many more will still have faith in BTC?
181.
Post 10147560 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.48h):
man, it's really starting to feel like the party is over.. after all these years.
182.
Post 10147976 (copy this link) (by beetcoin) (scraped on 2020-04-04_Sat_13.48h):
If bitcoin was alot cheaper, more people would participate and actually use it instead of gamble on it.
that's backwards thinking. most people who buy into bitcoin do it for the speculation.. and if it's crashing as badly as it has been, i really doubt new people will jump in.
