All posts made by GaliX in Bitcointalk.org's Wall Observer thread
1.
Post 4371828 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.52h):
I just saw it in my pee. this is going to be the bottom, anybody with me ?
2.
Post 4373115 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.52h):
excel excel!
3.
Post 4377385 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.53h):
is there any line left that could mean some resistance before the bottom?
4.
Post 4440284 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.54h):
what about this 473 coins wall 850$ @btc-e. someone break it please
570coins atm.
5.
Post 4490571 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.55h):
“In May 2013, through an interagency taskforce led by ICE in Baltimore, Maryland, three U.S. bank accounts associated with what was then the world’s largest bitcoin exchanger, Japan-based Mt.Gox, which was moving approximately $60 million per month into a number of Internet-based hidden black markets operating on the Tor network, including Silk Road, were seized for violations of 18 U.S.C. § 1960, operating a money service business in the United States without a license. The bulk of the funds were associated with the illicit purchase of drugs, firearms, and child pornography.”
A good friend of mine has a theory of how we use "negative entropy" sources to help us more easily get things done. An example of a "negative entropy" source are words that create a strong emotional response, like those shown in bold above.
His theory is that we will use these words (neg-entropy) to dump entropy into until we've extracted all of the useful work from the source. At this point, these words actually begin to have the opposite effect on the public as they once did.
I think we are at that point already. Whenever I hear "terrorist," "drugs," "money laundering," or "child porn" my instant emotional response is
against the person who is trying to use these words to advance their agenda.
it's not a theory it's a fact.
Just watch what is going on with "porn filter" in UK. They already blocked a several torrent sites and even some normal education sites under the porn filter rule.
6.
Post 4644702 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.57h):
C'mon whales! Can you crash Bitcoin to $550 or let it go to the moon already?
This is so boring, no one is making real money in a sideways movement (850-950), this is getting worse that one "Tired of $140" thread as far i remember, should we start a new "Tired of $900" one?
Just play with dogecoin until bitcoin starts moving again. That's what I and many others are currently doing. Dogecoin will probably crash when Bitcoin starts moving again.
7.
Post 4696554 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.58h):
if the porn industry adopts something it's going to be accepted everywhere soon.
So was it with the first film cassettes - DVDs and the Internet.
still waiting for either:
a.) A big fund / the Wall street joining Bitcoin
b.) Amazon announcing to accept Bitcoin was a Payment.
So moon. WoW
8.
Post 4752865 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.59h):
i am sure some of the whales have insider informations. Also, look at the huobi move, which has not a situation as gox.
This is exactly the sentiment that causes these panics. Everyone thinks there is some insider information and the more people that participate, the strong the feeling becomes. But in reality there is no information. More likely what happened is MtGox's 1D MACD crossed and all the heavy duty bots started buying, and then this massive movement caused all of the other markets to panic. I was watching - Huobi was following mtgox.
people can't withdraw from MtGox / it takes for ever till they get the money. Looks like MtGox has big financial problem.
So what is happening? The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes.
That makes Bitcoins rare on the market and the price breakes everything.
9.
Post 4752922 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.59h):
Gox can go to $5000, so what? The money will never get into your account.
Stop quoting a monopoly like money website.
when it reaches 5000$ Gox ist most likely offline and the people with FIAT on gox are screwed.
10.
Post 4758918 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.59h):
This article is silly. Really it is.
better it's shit.
11.
Post 4780478 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.59h):
Didn't somebody said that we need a bigger drop under 750$ before we can start the next >1000$ rocket?
Looks like that to me. Anybody can confirm these situation to get to new highs?
12.
Post 4780829 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.59h):
Bitcoin lobbying was done long time ago, when that Senate Chairman from November got few thousands coins
If you seriously think that Bitcoin might have legal problems after what was said on November hearing and after that, than you live in your little XRP cuckoo land.
XRP is the next step for crypto you'll discover that in few months.
yea... probably not.
13.
Post 4782935 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_11.59h):
it's not easy being the worst trader since the beginning of time.. panic sold at 761 and panic bought back at 775
Like 90% of the sheep that just panic sold. They will never learn.
I panic sold at 805 and bought back at 760
14.
Post 4804913 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
Why can't we put somebody like Andreas M. Antonopoulos into that hearing? The comments and opinions of these people are not so well elaborate, as far what I heared.
15.
Post 4805258 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
Why can't we put somebody like Andreas M. Antonopoulos into that hearing? The comments and opinions of these people are not so well elaborate, as far what I heared.
+1
The women didn't even seem to have heard about coloured coins...
yea, that was pretty amazing. so much for reading up before the hearing.
sorta depressing the way the chairman blew off the cancer cure thing charles was taling about, like he was not capable of digesting that idea ....
no I think he was more astounded by the claim more then anything. Proving the average person has no clue about the reaching power of this protocol
when Andreas is talking about Bitcoin you really see that he understood Bitcoin completely (both from a technical point of view and a economic point plus the political potential). On top Andreas is explaining everything much better for non Bitcoin people with better analogys.
16.
Post 4805294 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
totaly thought the same. It just makes you look too dumb existing on this planet.
17.
Post 4805396 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
can somebody explain to me what the woman on the right of mr. Lee is talking about? Gold back uped system? Is this a alternativ system beside bitcoin that she is talking about?
18.
Post 4805521 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
ok well that was interesting
what i took away from all this is
you should go easy on regulating bitcoin because bitcoin is 100% bit and 100% coin
NY is going to be a bitch on
BTC, because some big banker on Wall Street is paying these guys stock options.
imagin if just 1 major bankstar of the Wall Street would heavily invest in Bitcoin. Wouldn't the chart explode?
19.
Post 4805724 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
Overstock guy will be more dynamic tomorrow, someone posted a radio show he did and he sounded a big advocate - he doesn't like banks, and he likes BTC.
where can I see when/who is on the hearing?
20.
Post 4806451 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
Why Lee doesnt speak about the -40% in LTC diff on one week ?
Because he doesn't want to be embarrassed by mentioning his competitor DOGE.
this:
or this?
21.
Post 4819787 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
why do they always talk about Silk road and super easy drug ordering.
People who want to get Drugs will always get them despite it's illegal or Yellow. Bitcoin is just a way to pay for it not the Problem itself.
22.
Post 4820148 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
"You are a big holder, now"
smiles and sips some water.
Awsome.
23.
Post 4820185 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.00h):
"You are a big holder, now"
smiles and sips some water.
Awsome.
FBI is a bunch of HODLERS!
that was him telling us:
"to the moon guys!"
24.
Post 4825089 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.01h):
Professor of Economic has no idea about economic at all. Nice to see.
25.
Post 4825249 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.01h):
is it even physically possible to buy 50% of the Hashing power with over 1 billion $ when Hashfast / KnC and so on going to ship soon?
I don't think so.
26.
Post 4825355 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.01h):
this hearing reminds me to this:
http://youtu.be/wz-PtEJEaqYsad day.
27.
Post 4826550 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.01h):
Where is Andreas Antonopoulos live?
28.
Post 4826652 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.01h):
doesn't work at all for me.
29.
Post 4826855 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.01h):
just says stand by.
I guess live youtube stream is blocked in my Country.
30.
Post 4827222 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.01h):
I think 1000 coins counts as a wall these days, doesn't it?
Wow. Bitfinex. Nice one
attempting a bear raid. not working very well just yet.
and that wall is gone
you have to add a least aaa to your and
31.
Post 4923287 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.02h):
A digression from the btc-e debate: It seems we have a run on the bank, even if there is no fractional reserve lending, in fact no lending at all. This is what we can expect from banking in a bitcoin economy - sow some doubt, and you are gonners. This is reassuring. It is bullish - CCMF.
This sounds interesting but I'm not following. Run on what bank? Evidence?
Only the comments here "get out" and "I got out". The interesting part for me was to see the reactions to the doubt. I don't think btce goes down in the near future. I have used them a lot and I think it is a splendid bourse.
Silk Road also went down over night with over 200k Bitcoins on it.
I simply don't want to risk this worst case scenario. I mean if I would be somebody who could face jail because of my Bitcoin exchange, I would turn it honestly off and run away with all the Bitcoins on it. As evil is it would be, it would be just smart.
Maybe you can even buy free of the Jail with that money later on, who knows?
I don't want to black talk or something like that but bad things have happened.
32.
Post 4923694 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.02h):
But then BTC-E price would get goxxed!
Only Russians would have fiat withdrawal issues.. and they are a small minority of BTC-e customers.
They may be a small minority of BTC-e customers but I bet you they represent a rather high volume of Russian wealth leaving the Russian economy, black market wealth or otherwise, all without giving Putin his cut. Putin is furious at Bitcoin and out to nail BTC-E for a good reason (a good reason in his mind).
Lets face it, the #1
use of Bitcoin right now in the world today is shifting money around off the radar of the banking system. Don't say it isn't cos it is. Bitcoin started life as an underground curency and therefore by definition, its initial target users were always going to be black/grey market participants. Honest John Law Abider got in on the action through speculation, speculation which came to dominate Bitcoin transactions, but speculation which is built around a spine of black market transactions.
Which Bank again was laundered Billions and Billions of money for the Mexican cartel and nobody went to Jail? yea, Google it.
That's one of the reasons talking about Bitcoin as just for money laundry is absurd.
33.
Post 4923759 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.02h):
Silk Road also went down over night with over 200k Bitcoins on it.
And be settled in Europe may not help BTC-E. If Russia is really pissed off, 'cause cryptocurrencies were involved in the terror attacks (traded on BTC-E), than BTC-E could get the attention of Europe, too.
BTC-E is a Blackbox, and I think with their anonymity they are breaking laws here in Europe, too. And until now nothing had happened, 'cause nobody payed attention to BTC-E. So they could be forced to correct themself quickly and fulfil all required obligations or will be shut down soon.
Also it could be that nothing will happen, but I would no say so fast that this is all totally insignificant.
It is like nearly every day in the Bitcoin-World:
Unclear.
On top BTC-e has no "know your customer".
While it never bothered me, I think this should grave any hope for BTC-e if anything "bad" is going to be related to the exchange. It wouldn't even matter if the exchange is in Bulgaria, Russia, cypher or on the Moon! It would be shut down instantly and every funding would be frozen, because every single Bitcoin is going to be "dirty".
That could be potential a big deal for the Bitcoin over all. We should all pay close attention to the BTC-e case now.
34.
Post 4961210 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.02h):
DogeCoin just got 13% Amplitude lol.
Amazing, Imagin BTC would just skyrock 100$ in one time haha
35.
Post 5042901 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.05h):
Gox acting weird
looks like death
36.
Post 5050184 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.05h):
The market hates uncertainty. It's better to have bad news than no news at all. Mark either doesn't know this or doesn't care. I wouldn't be surprised if he is murdered.
Why isn't anyone buying on Bitstamp? Every other market is higher. Stamp was never a market leader, so what are you guys waiting for?
Because everybody is pooping their pants...again. Waiting for the next omg panic sell! Silly, silly sheep.
meanwhile Dogecoin is going nuts.
37.
Post 5052651 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.05h):
dogecoin is actually holding steady lol
thats pretty funny
because noone cares about it
It's because 100% of the Dogecoin value is in BTC and the BTC doesn't change.
I feel even sorry for the people who are stuck in Dogecoin and were unable to trade in FIA
38.
Post 5126705 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.08h):
why is there an increasing gap between btc-e and bitstamp appearing?
39.
Post 5128848 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.08h):
dead bull
can someone please ban this guy? wtf
you eat meat everyday, what are you afraid of?
I also ask this question when people get scared by killed animals / dead animal corpses.
Unfortunately I will never understand why people can eat animals but never want to see the ugly side of eating meat.
40.
Post 5137284 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.09h):
another 200
another 380+150
bye bye gox
41.
Post 5139881 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.09h):
You can actually see how many bitcoins you have to sell to get to a price of 0$ for a short time.
just 30k and it's emty haha
42.
Post 5194961 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.11h):
somebody got cold feed on bitstamp or an insider?
43.
Post 5195123 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.11h):
just a few sec. ago on the #mtgox on freenode irc:
[11:08] <@Delerium> Ok heres the thing
[11:08] <@Delerium> Right now I have no update on the current situation. I beleive testing is still in progress as is the reindexing of the blockchain. I beleive that an announcement is coming but I have no further information than that.
[11:09] <@Delerium> Any abuse, fat jokes or trolling will result in either a silence or kickban.
[11:09] <@Delerium> I know the situation right now is not great but please remember we are human beings and we're doing this to protect your money.
I guess the BTC are gone.
I simply can't believe it takes them so long, while BTC-e and Bitstamp solved the problem in 24h-48h.
Just buying time for something what so ever.
44.
Post 5195281 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.11h):
just a few sec. ago on the #mtgox on freenode irc:
[11:08] <@Delerium> Ok heres the thing
[11:08] <@Delerium> Right now I have no update on the current situation. I beleive testing is still in progress as is the reindexing of the blockchain. I beleive that an announcement is coming but I have no further information than that.
[11:09] <@Delerium> Any abuse, fat jokes or trolling will result in either a silence or kickban.
[11:09] <@Delerium> I know the situation right now is not great but please remember we are human beings and we're doing this to protect your money.
I guess the BTC are gone.
I simply can't believe it takes them so long, while BTC-e and Bitstamp solved the problem in 24h-48h.
Just buying time for something what so ever.
Your mindset is exactly why poor morons are selling BTC on gox for pennies on the dollar. Gox has the oldest code. Its the worst programmed, it is the most susceptible to shit like what happened last week and its the hardest to fix. Comparing it to Stamp or BTC-e code is apples to oranges. Plus, they are French, so they suck at coding anyway
Its just going to take them longer. Probably 2-3 more days is my guess. Meanwhile, as more people like yourself panic, the more free bitcoins I pick up over at bitcoinbuilder.
I don't panic at all, I am just trying to be realistic.
People are unable to make FIAT withdrawals for months and now that they have frozen everything officially you still think that these are "technical issues" are real?
These "technical issues" without any further informations (that would sound legit) are typical politician used sentences.
They are simply hiding something and can't lie publicly because everything is going to be used against them.
45.
Post 5195390 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.11h):
another great one just a few moments ago:
somebody asked if they can promise that all FIAT/BTC is safe.
[11:28] <@Delerium> yerp: I cant confirm something that I dont know but my personal opinion is that theyre all safe
so it's just his opinion. If it comes to money I wouldn't like to have just an "opinion".
I never had a cent on Mt.Gox.
But why do people belive this ... ?
46.
Post 5195714 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.11h):
why are people buying?
I mean this news was as bad as it could be.
They simply can't announce: "Ooops aaaand it's gone. Sorry guys. We will make a withdrawal limit of 2BTC per day, that's all we can efford from the fees we took from you guys. Sorry again. Gox Will be back soon to take more of your money and ofc BTC ;=)) !"
47.
Post 5195818 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.11h):
Haha look at the idiots selling again.
Now imagine watching this shit as an outsider. I do understand why so many peoe think Bitcoin is a joke. Because of people like Mark and the insane trading mentality Bitcoin right now is kind of a joke.
people were unsure if this rather good or bad news. Even people here asked that. bigger Whales took it and just bought to go to a really, so the unsure people are going to follow.
Right now rich people are getting a bit richer.
48.
Post 5196066 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.11h):
I guess we will know what market really thinks in 1.5-2 hours, thats the usual time for it to swallow the news from my past experience.
and the americans to wake up
49.
Post 5197797 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.12h):
I hoped to see reactions from bears that go like this:
MARK HAS SCAMMED BLOCKCHAIN. ALL BTC BELONG TO HIM NOAW!
MTGox work togetha with BLOCKCHAIN, THEY STOLE ALL OUR BTC'S! PRICE WILL DROP BELOW $40/BTC. GO SHORT NOAW! NOAW!!!!!You mean Mark owns soon all the frappuccinos?
50.
Post 5278654 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.15h):
Today on #bitcoin
gmaxwell: wumpus: yea, I understand they had timed automatic reissues...
this was also something I didn't know prior to monday before last and is one of the other reasons my "they couldn't have lost much!" position softened to "I have no freeking clue."
alpha125: gmaxwell: where did you find out abotu the automatic reissues?
gmaxwell: alpha125: from mtgox staff and magicaltux ... I had assumed previously that any reissues were manual via customer support but apparently it was just timed.
gmaxwell: you'll also note that they've kept increasing their fees and then even mad paying fees mandatory.
gmaxwell: This suggested to me that they totally misunderstood their problems. (and— I reported that I believed this months ago too)
gmaxwell: e.g. they noticed lots of txn getting stuck, they didn't understand it was because they were producing invalid txn (even though it was reported to them) and so they thought it was just 'full blocks'
gmaxwell: and they increased their fees from 0.0001 to 0.0005 — which was enough to may more than virtually every txn— and then later to 0.001 which is basically astronomic. And then they made it mandatory.
gmaxwell: of course their stalled txn had nothing to do with fees.
They must be empty...
I guess Mark eat all the money. Thats the only explanation for me.
51.
Post 5331624 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.17h):
Just a short question:
What trading software do you use, if you use any?
52.
Post 5331818 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.17h):
whi is no one arbing out the 20 dollar diff between stamp & bfx?
I think 12$ difference doesn't worth it.
53.
Post 5336428 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.17h):
Shit hits the fan at bitcoinbuilder.
Those who were greedy to send USD to Gox to arb with bitcoinbuilder, have to scratch their heads now.
No wonder some JPY withdrawals and some SEPA are being processed, new money is paying for those debts. Gox Ponzi in full mode.
greedy people always will pay for their greed.
54.
Post 5336666 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.17h):
If this continues we'll be looking at Bitcoin a few months from now as 1 big failed experiment that got ruined by Mark, criminals, inside trading and manipulation. One big ponzi scheme.
The result of non regulation i guess. I wouldn't advise any of my friends anymore to invest in this clusterfuck.
The stuff that's being pulled here makes the real world big bankers and traders look like honest, nice people.
People predicted Bitcoin will fail like 500 times now and every time Bitcoin became stronger and more resilient after all.
If people would really know what big bankers do with money. Jesus... But we are lucky, people are dumb and don't understand anything on this world.
http://www.reuters.com/article/2014/02/20/us-jpmorgan-madoff-idUSBREA1J21W20140220"Picard has estimated that Madoff customers lost $17.3 billion."
I don't even want to know what scam is going on behind the scene.
This is far more money then the complete Bitcoin volume was on the best golden "Chinese buy everything" time.
55.
Post 5337234 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.17h):
Put your buy orders in at 100 usd on stamp
102.01$ as we learned.
The guy is desperetly trying the sell the 10k coins on stamp. Let's see what he is going to do.
56.
Post 5337311 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.17h):
in the middle of that, gox was slowly going up
magic the gathering cards are getting expensive.
57.
Post 5337712 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.17h):
That guy lost $150.000 because of his impatience.
Looking at his Stamp account and $5.5 millions on it would stop him being sad for that
.
I would also be sad if I had 5.5 million when I could have had 5.65 million.
This evil world.
58.
Post 5358780 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.19h):
How come all the core devs etc use the child forum reddit? Wouldn't it be better to post here?
The Bitcoin Subred ist quiet mature. You can't just tell reddit if full of children.
the Dogecoin subred is much much more childish, but Bitcoin is definitely not.
59.
Post 5487319 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.23h):
Feel sorry for you goxed people, feel sorry for those who shorted....but OMG this rush watching it go up is priceless, especially when you're 100% coins.
natural selection as usual!
60.
Post 5515218 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.24h):
wait. Is China north or south from Mexico?
61.
Post 5515529 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.24h):
wait. Is China north or south from Mexico?
china is south of mongolia which is parallel to greenland so south.
I'm confused now. IS CHINA IN ASIA OR NOT!?!?
I just know it's either. You can reach Asia from Mexico either going south or north.
It's strange, my friend tried both ways and he can confirm this.
Still don't know if you can reach China, that's why I asked.
62.
Post 5515706 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.24h):
wait. Is China north or south from Mexico?
china is south of mongolia which is parallel to greenland so south.
I'm confused now. IS CHINA IN ASIA OR NOT!?!?
I just know it's either. You can reach Asia from Mexico either going south or north.
It's strange, my friend tried both ways and he can confirm this.
Still don't know if you can reach China, that's why I asked.
Sounds scientific. I'm sold.
I do also ask him as an Oracal when trading BTC.
Pure wisdom. Even thought he doesn't know what Bitcoin is.
63.
Post 5710586 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.26h):
does this mean I have to sell?
64.
Post 5764734 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
Never thought ltc could go up to 0.03 btc. And I still can't imagine it ll go up to 0.04 but only because I missed the ltc train
I guess it's hurting as a BTC holder double.
LTC rises and BTC is falling because people get into LTC.
65.
Post 5772582 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
todays pump and dump coin:
LTC
66.
Post 5773454 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
after a goxing people ain;'t holding coins at exchanges unless they plan to be trading
the goxxing will continue
I think 2014 will be the rise of the next major exchanges and perhaps the biggest located U.S side, NY is where I expect it to be based out of.
I still don't understand why so few US people are on Kraken.
Aren't they already located in San Francisco?
67.
Post 5774671 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
Anyone else getting this from BTC-E?
Secure Connection Failed
An error occurred during a connection to btc-e.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site.
Still see trades going through but I can't get on...
well that's because the api is still working.
68.
Post 5775478 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
Bazinga
69.
Post 5787707 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
It's just a matter of time for Ripple to take over bitcoin.
haha...is this a level?
Newcomer on bitcoin totally underestimate ripple and the revolution which is coming. Bitcoin will slowly disappear letting the space to the next innovations.
I can't believe there are real people writing this.
70.
Post 5787869 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
i cant believe some ppl still have mah87 un-ignored
sorry
71.
Post 5793828 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.27h):
So LTC is just a pump and dump coin like every other alt coin as it looks like.
72.
Post 5801301 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.28h):
why is LTC so unliked after the hype?
73.
Post 5801596 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.28h):
buy or sell
if you ask your self buy or sell, it's most of the time buy.
If people sell you should buy to make profit.
74.
Post 5878482 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.28h):
I guess several people going to join Kraken now.
It was about time.
75.
Post 5880184 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.28h):
Does anybody else consider moving to Kraken because of the recent Proof of Reserves?
76.
Post 5880425 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.28h):
Does anybody else consider moving to Kraken because of the recent Proof of Reserves?
Signed up today and had a look at it, platform seems really nice and professional. Not traded on it yet, but plan to soon.
the next poll should "which exchange do you use?"
would be interesting how many people use BTC-e and Kraken atm.
77.
Post 5967919 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.30h):
unless I am a large scale ASIC producer.
...
I could dump all the coins I produce and make really fast and big profits.
Even if hardware is free, which it is not, exponentially rising difficulty means it will cost more than $500 in power alone to produce 1 btc this time next year. It would be utterly insane to sell mined coins into the market. You only sell if you have a contractual obligation with a fund. I know miners who do have such obligations. Their customers are not selling those coins at these prices, no sir.
unless they have to pay bills.
78.
Post 5975607 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.30h):
79.
Post 5980384 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.30h):
why is it always Bitstamp dumping like crazy?
Looks like it's the only place merchants do sell frequently coins.
80.
Post 5985696 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.30h):
looks like we found a bottom.
81.
Post 5986331 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.30h):
just have look at the last blocks and you will see if the hasrate dropped:
Age
4 minutes
7 minutes
22 minutes
25 minutes
28 minutes
36 minutes
that's 36min for 6 blocks which should have taken 60min as target.
82.
Post 5986373 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.30h):
I'm only waiting for once we go below 400
we could even hit something between 375-340 now I guess.
83.
Post 5990316 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.31h):
stamp dumping again, maybe panic this time to 400$?
Starting to think the panic's over. Slow double bottom at 430-440 I reckon.
I don't think we reached a basement we could fall back.
I guess 400 or 375 could be something we meet before getting into a up-trend again.
just take a look at the 1h Candles. we dropped too fast and this was just a correction of it.
84.
Post 5990390 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.31h):
85.
Post 5991361 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.31h):
800 btc support wall at btc-e
rocket is fueled.
86.
Post 5991553 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.31h):
800 btc support wall at btc-e
rocket is fueled.
lmao.. a 800BTC bidwall is "a fueled rocket"
?
There is a 6000BTC wall on Bitstamp. And even it doesnt mean much.
we have to stop being sad about the dropping price.
We need new moon stories to stop the depression!
87.
Post 6163449 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.35h):
isn't this the night you have to buy if you follow the stinky rich guys who always say:
"Buy When There's Blood In The Streets"
88.
Post 6163511 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.35h):
for those who want to laugh and don't have a btc-e account:
http://trollboxarchive.com/
89.
Post 6163997 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.35h):
This might be it for at least next few hours.
here we go again!
90.
Post 6164264 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.35h):
How come nobody is exited about cheap coins? I don't see ANY greed.
I am starting to buy... maybe too early of course, but will increase incrementally if/when it goes lower.
It is starting to look cheap to me.
$373 is definately a pretty fucking great price
only future will tell.
91.
Post 6217327 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.37h):
I have to agree, I am uncomfortable at this price somehow.
short is the choice for now.
92.
Post 6370149 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.40h):
I just thinking to buy more machines. If that graph really goes down and with more difficulty, did calculate in bitcoinwisdom, its never ROI. 1 TH with price almost 3500 USD (include shipment and tax). How the hell people still buy more machines ?
And why its goes down ? I dont see any bad news, and china's schedule for Global Bitcoin Summit 2014 in Beijing is coming up...
Because there is a small group of people with a lot of coins who want to take us down.
It can't be more obvious. The market actually wants to go up. But every single time we go up a bit there is a big dump. Pure manipulation.
I have no idea who these people are. I'm not into conspiracies but it stinks.
the devil Mark.
93.
Post 6525679 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.42h):
Either that or we have already broken out to the upside. Just need volume for confirmation.
or it proves, that these line mean nothing.
94.
Post 6536228 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.42h):
this is the first time ever I see a 1,5k Wall on Huobi.
beginning to scare me.
95.
Post 6536277 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_12.42h):
this is the first time ever I see a 1,5k Wall on Huobi.
beginning to scare me.
there, I took my walls down just for you
thank you, what a relief.
*buy buy buy
96.
Post 8473735 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.07h):
I guess Ethereum will sell off another batch of their coins when the price recovers further. Combined with the New York Issue we could see another panic sell before we get ready for the cold days.
Winter is coming!
97.
Post 8473820 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.07h):
I guess Ethereum will sell off another batch of their coins when the price recovers further. Combined with the New York Issue we could see another panic sell before we get ready for the cold days.
Winter is coming!
can't they pay for there hookers and blow in BTC as they consume guezz.
Ethereum logic:
bitcoin recovered 12% better cash out a lifetime supply of fiat.sad.
I heard they already had over 2 Million $ debts they have to pay. For lawyer marketing and so on.
So I guess they really need the money, it's not an investment for them. They need this money to keep everything running for now.
98.
Post 8474755 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.07h):
in the end a really interesting winter is incoming.
99.
Post 8474960 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.07h):
wtf was that lol
prepare for a smaller correction. Because the price has grown too fast after the crash a lot of people are ready to take profits here. At least people expect a smaller correction.
LTC is walking ahead already.
100.
Post 8475905 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.07h):
Watching the order books on BFX today, the spread was pretty awful for hours. It would have cost you $2.70 from the highest bid (not including exchange fees) to buy 1btc. About $1.70 spread and another buck to gather 1btc from small bids.
What is the strategy if you are doing 100btc or 500btc trades? In most cases, you are going to lose $2-10 on slippage. Just sell a few coins at a time as you get close to your exit? Or only do large trades on big movement?
If i had so much i will at least try to use an hidden order, but i understand when market move fast one don't want to be left behind.
hodl
101.
Post 8476704 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.07h):
Another 1000 coin dump few minutes ago
Don´t be scared. This is only whales trying to manipulate the market.
I have heard this like 100 times when btc getting dumped and like 10 000 times when altcoin get dumped
Just saying
102.
Post 8476836 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.07h):
My fiat arrived today, so I'm a bit more greedy than usual
just wait. The price was rising pretty fast and for a longer time then I expected.
There will be a correction, people will take the profits and buy back lower.
103.
Post 8660384 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.10h):
down for over 2 hourse and still not tweets?
Mhh....... Another small dip incoming before the see finally a rise again?
104.
Post 8660656 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.10h):
BTC-e is down? Soooo is this a good sign or a bad sign? I can't really make up my mind about that to be honest. I mean, as long as they're running their exchange smoothly, it's fine with me, but if they do get more shady, I rather have more legit and more trustworthy exchanges in town.
they are trustworthy. But often target of DDOS attacks
105.
Post 8661134 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.10h):
damn looks really more and more like down
106.
Post 8888070 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.14h):
when people scream and cry it's the best time to buy.
Buy when there is blood, best advice anybody can get in the Crypto space.
107.
Post 8888258 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.14h):
wow no new blocks for almost 1h.
I wonder how big the transaction volume will be in the next block.
108.
Post 8931101 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.15h):
I may be pessimistic, but that guy is lame. Could, might, maybe.....well, yeah. Take care of your wallet, simple.
It is not the greatest scam of all time, but it is easy to lose money if you don't understand addresses and wallets.
yea, Bitcoin has to change before it can really be used in public.
As Andreas said. Bitcoin will be ready when you can just tell your mother "I will send you Bitcoin" and don't be concerned she would lose them for what reason ever.
But we are far away from this point.
109.
Post 8943110 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.15h):
For real this time or another trap like the weekend one?
I guess so.
110.
Post 8966622 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.16h):
Anybody remember when the price went up and you thought shit I should have bought more coins while they were cheap...
... well now you can !
this bear market will keep on going until we see what PayPal can bring to Bitcoin.
But Historically speaking the winter months especially November and December are the best time to get bullish.
111.
Post 9078598 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.19h):
to all the panic seller, it's too late to sell now. Smart trader sold at the price spike early September when the PayPal announcement was.
This price drop is again just caused by unexperienced trader losing their mind.
If you watch this from a different point of view, it's a good call to buy now instead of selling. But the swarm intelligence is stronger then smart thinking.
112.
Post 9078648 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.19h):
I would call 345$ bottom on Bitfinex for today. What comes next is another issue but I think the panic people are done for now.
At least I bought at 345.
113.
Post 9079247 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.19h):
So cheap coins are now or should I wait for even cheaper prices?
if you want to make sure wait. If you want to gamble catch on the next big drop a few.
114.
Post 9079491 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.19h):
simple rule when trading:
If you want to make money you have to buy when no one wants to buy.
115.
Post 9084408 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.19h):
The next 24 hours are critical.
Yes, this weekend is not normal like other weekends, it's blood bathing in Bitcoin market.
the more people you see freak out, cry, laugh and insult about bitcoin, the better time it is to buy.
Hopefully you will understand my advice and make some profits.
116.
Post 9121455 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.21h):
I am curious, how many of you make a living with Bitcoin daytrading / Stock trading?
117.
Post 9140579 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.22h):
I guess correction time is coming soon again. But looking great so far.
118.
Post 9140626 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.22h):
I guess correction time is coming soon again. But looking great so far.
Upward correction
I am not saying we are leaving the uptrend. But we are getting into the area where shorting might pay off when taking the risk.
119.
Post 9142525 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.22h):
bitcoin will nerver go mainstream. Ripple will.
120.
Post 9142584 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.22h):
mhh does the LTC drop mean some people are going to go short from the LTC side already?
Looks like that. A dump/correction is getting more and more likely to me.
121.
Post 9521945 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.31h):
time to short at 420 and buy back lower?
122.
Post 9640380 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.34h):
My Body is ready
123.
Post 10130953 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
so everybody abandoned Bitstamp or do you guys still hold on it´?
124.
Post 10131178 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
we have stop this "We don't like Ripple it's stupid, GTFO" in our community. We have to start to talk about problems instead of just trying to not talk about anything. The reddit sub is horrible when it comes to talk about controversial things.
125.
Post 10131856 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
wow this line was important the hodl... This is starting to look like panic.
126.
Post 10131975 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
Interesting, where will be the next stop. 250 is like no resistance.
127.
Post 10132000 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
What the hell is happening?
I wa wondering that too. Have the feds announced another auction or did something important happen at the trial?
no it's just the trader reaction to the new low we broke. It was to be expected somehow.
who knows how much the willi-bot really bought in the end. maybe we will really go for double digits?
128.
Post 10132030 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
Anyone else coming back from bed? yawn!
Is there blood on the streets yet?
no Blood would be like -10% or even more. This is just a 5% sting.
Wait and see how this develops before buying.
129.
Post 10132090 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
I wonder what all the LTC whales thinking currently. I mean some of them went from multi-Millionaires to regular cars...
Are there really that many belivers out there that still think everything is going to be fine on the long term I will just sit it out?
130.
Post 10132169 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
good point to buy I guess, we won't break 250. Even if we do we will at least bounce back to 250 for sure.
131.
Post 10132194 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
good point to buy I guess, we won't break 250. Even if we do we will at least bounce back to 250 for sure.
But I thought Bitcoin was over priced at $95
well I mean for short term 250 is great. God knows how low we will go. I wouldn't suggest any of my friends to buy BTC over 100$ ..
132.
Post 10132275 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
I wounder when all the bigger "I have my BTC safe on paper Wallet with -10% interest each month" start to panic and sell..
At least to me this 250$ are just temporary.
133.
Post 10132287 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
134.
Post 10132378 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
Take your dagger gloves!
135.
Post 10132426 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.46h):
time for a bounce!
136.
Post 10136558 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
Anyone else coming back from bed? yawn!
Is there blood on the streets yet?
no Blood would be like -10% or even more. This is just a 5% sting.
Wait and see how this develops before buying.
Now we can call it blood on the streets. I hope everyone knows what this means.
137.
Post 10137059 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
Well, even I consider to buy under 200. Lets see if I will buy today.
Preparing my Dagger Glove!
138.
Post 10137197 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
Many holders will sell at this point, including me.
well... It's pretty stupid to sell into a 15% candle at the bottom of a bear market.
But that's just my 15 cents.
139.
Post 10142631 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
140.
Post 10144466 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
Ok I am all in at the dip if we break the 200$.
I guess it can't get any bloodier then this.
141.
Post 10144633 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
Reports that certain exchanges (unfair to name any at this point) are now "suspending" withdrawls.
fuck off Bitstamp.
142.
Post 10144912 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
well what do you expect? People mining at a lose like the stupid ghash miner did?
143.
Post 10145031 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
żDo you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
well, I would say we had enough panic by now. People are overselling right now. This is going to bounce before we hit 200$ tonight. Everybody is expecting the price to hit 200 soonish once the first bigger buys start to take action, panic buys are going to happen and we will bounce up.
Who knows if the market will try to test even 100$ after it or close the shorts.
There is soo much money waiting on the exchanges currently. Everybody is expecting the price to hit sub 200$. But I don't see that coming to be honest for now.
144.
Post 10145146 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.47h):
This is just my opinion based on the fact that the drop is still way too slow to become the bottom, i expect to see a real freefall with people just market selling in panic to the point when it becomes the "oh fuck, now the price is REALLY low" moment.
Just does not look its there yet.
I didn't say that could happen. I expect the same in a way. But I don't expect it happening today. We will most likely bounce soonish, at least that's my expectation what comes next.
I would call 215 bottom for now. Guns are loaded everybody seems to wait for the signals right now.
145.
Post 10154318 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.48h):
Approaching the territory of the last chance to sell above zero.
don't be silly... We might even hodl 180 as it seems.
146.
Post 10170371 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
will we break 220 tonight?
147.
Post 10170601 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
lines broken... Does that mean back to the depression time? And the end of the dead cat bounce?
148.
Post 10174166 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
Adam Guerbuez @AdamGuerbuez · 17m 17 minutes ago
Dat OkCoin Doe..... #Bitcoin
Adam Guerbuez @AdamGuerbuez · 4m 4 minutes ago
Are we having fun yet #bitcoin keep watching the charts boys and girls.....
why do so many people think this guys is like an oracle... ?
People are so desperate and greedy nowadays..
149.
Post 10174201 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
Lol @ 2 charts
RIP Bitstamp.
I can hear all cry posts in in a few months when Bitstamp has the next issue and goes offline for over.
150.
Post 10174251 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
Lol @ 2 charts
RIP Bitstamp.
I can hear all cry posts in in a few months when Bitstamp has the next issue and goes offline for over.
Are any of the other exchanges more reliable?
well other didn't get hacked as far as we now.
We should have a Zero tolerance mentality when it comes to this. If a exchange fucks up once it's over for them. After Gox everybody should be super skeptical. But as far as I can see, people don't give a shit and history will reaped and people will never learn by their misstakes.
151.
Post 10174302 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
it will be the most boring day to "keep watching the charts".
I love Bitcoin!
))
152.
Post 10174328 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
Bitfinex seems best for volume but how do we know it won't get hacked? Has it got better security? Some posts here claimed it was dodgy.
well use Kraken then, they prove by auditing that they are not hacked at least. Bitfenix just has a lot of features people use and it has the highest volume of all exchanges.
Well if you know a exchange is missing 20 000 btc I wouldn't trade on it. It is just a matter of time until they have to close.
153.
Post 10174473 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
I guess this is called back to reality.
Luckily I went short yesterday.
We won't leave this bear market until we have a flash crash to sub 100$ I guess.
154.
Post 10174729 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
These dumps are insane. Where do all these coins keep coming from?
"Where do all these coins keep coming from"
Stop.
YOU. DON'T. UNDERSTAND. MARKETS.
In fact nobody does... These markets are all just pure gamble, People just try to make something out of the graphs because that's the only thing they can use.
155.
Post 10175084 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
Yeah...
All that matters today is 200 holding
without great news? No way.
156.
Post 10194756 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
Still think it's fake move.
well, sell then.
157.
Post 10195619 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
What price when we get some short squeezing? Only 150 closed so far.
More than 1k shorts already closed in last 4h
I think 235$ is the mark when the losses are going to get to high. For real short squeeze we need 260$ or more.
Anyone looking at that volume on finex? Crazy!
1w volume in finex and stamp should indicate that we sow the bottom.
I am pretty sure we will have a free fall below 100$ before you can call it a bottom.
this might look like the end, but people going long now will just sell at a lose later..
158.
Post 10196931 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.50h):
Bitstamp daily volume lower then BTC-e finally.
159.
Post 10199481 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
mhh looks like heavy pressure by all the seller right now. Could get bloody soonish.
160.
Post 10207368 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
swiss central bank depegs the franc from the euro ..
the Dow Jones sinks over 2%, while silver went up 7% and gold went up 4.5%:"
bitcoin being in it's own world is.....down.
it seem like something wrong in bitcoin world .
remember, even if currently about 800k $ get invested into Bitcoin, it will only cover the inflation. You have to add every merchant instantly selling + regular sellers.
That's a hell of selling pressure every day. That's the main reason we will most likely stay in this bear market until something drastic happens. Like a Fiat Currency Crashing (€, $ or Ą).
If nothing magical happens, the next halving of the mining reward would at least take out some pressure so the currency could grow in value.
161.
Post 10210374 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
Pump this bitch.
Give her all you've got.
aaaand it's gone.
162.
Post 10211391 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
R.I.P. Bulls.
163.
Post 10216914 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
sup $100 incoming
as expected.
164.
Post 10227553 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
never liked bitfinex. I think they are the next gox.
btw, nice dump on stamp.
having money on Bitstamp is probably one of the dumbest places to have money on at the moment.
165.
Post 10228278 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
Take your dagger glove guys. This will get bloody soon.
166.
Post 10228587 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
Bitstamp looks like under heavy pressure.
About to start the float.
167.
Post 10231887 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
looks like this pump is about to fail. There are almost no buys after the initial break through... People are using this to go short actually.
Let's see when we will test 200 again.
168.
Post 10238973 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
is now a good time to buy?
maybe a bit late..
169.
Post 10239739 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.51h):
is it just me or has this forum become full of useless unfunny wanna be trader?
Miss the old times when people actually speculated about the price...
170.
Post 10242281 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.52h):
I guess the stupid Bull picture time is soon over....
171.
Post 10247383 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.52h):
This forum is indeed very pathetic. I assume not many of you here are seasoned traders. This is purely an amateur hour, I left this shyte coin in the dust months ago and went back to equities and forex. This instrument will continue in a downtrend, this behavior is all too familiar. Getting coins at sub 200 was a nice move yes... whoever locked it in god job. At this point I would suggest only profiting from temporary volatility be it in upward or downward momentum. It will never reach its previous point of 800+...As of now it seems to be still moving in a strong downward momentum. It might break out to lets see 260 level then possibly 280 before another drop. People who bought their coins at 400 or 600.. and were 'hodling'. Well, I suggest you get better jobs my friends.
I agree this forum is horrible if you want to get information about the market. You will only get perma Bulls talking to you since January 2014...
Yes this might hit 260 or maybe even 280 with a spike to 300 before the pattern we have for over 1 year repeats. This market it really easy to trade because there're so many emotional noobs trading it. And yes I was one of the noobs here back even before the China pump in December 2013. But I have learned a lot since then about markets.
172.
Post 10258880 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.52h):
Bitstamp looks like a graveyard.
R.I.P.
173.
Post 10273184 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.53h):
I don't think 260 is sustainable but I think 200 is
agreed.
Where are the Bulls posting pictures?
174.
Post 10290289 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.54h):
It will be even better if we do go up significantly again, proving the uptrend to be real and sustainable this time. The market is still completely paralyzed and shattered after a year of bleeding out. Regaining trust takes some time!
we will most likely break 250 soonish and retest 200.
It is still very likely we get another panic and fall into double digits before we really can be sure to buy low.
175.
Post 10301349 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.54h):
u know the guy who made LTC now works for coinbase right ??
you know his brother is the guy who made LTC and did you know Charlie Lee is working for Coinsbase a longer time now and said there will be no LTC on Coinbase?
->
https://www.facebook.com/photo.php?fbid=10153032334805097&set=a.42528010096.60018.661520096&type=1&theater
176.
Post 10322054 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.55h):
It would awesome if the wall from 220-224 moved up a bit
why should he move it up? it well get sold anyway and we will see sub 200 very fast..
177.
Post 10322337 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.55h):
I guess we are going to see a fight for 220 tonight when China wakes up and will rapidly break 200 once 220 is sold.
Quote me when it happened.
178.
Post 10349779 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.56h):
People been dumping again.......
Who would have known. The entire day I have seen people predicting it must go over 300 dollars overnight now or, even worse, that we're moonbound again.
I mean really: what do you expect? That Bitcoin will suddenly take off out of nowhere in an everlasting bear market? I wonder how many people bought at these prices, as they will likely regret it later on.
Most of my stash was bought at upwards of 400 dollars.
I have no choice but to HODL.
I'd rather lose it all than admit failure.
well you have to be patience... We failed to stay in the bull channel today, that's why we dropped so hard. It seems like we will retest the low and maybe even come into the despair phase.
If you just hodl and not panic sell in the despair phase you are fine. Bitcoin will definitely go to 400 and above some when. But not now. We need some prove 166$ was the bottom or just get a free wall into double digits before we can burry the bear.
179.
Post 10369879 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.56h):
reversal to $220 in a matter of minutes... prepare 4 quickbuck
these days a rise of 5 $ is called reversal.
it feels good to be a bear.
this forum is full of no idea perma bull bagholders...
180.
Post 10380842 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.56h):
I say the same thing now about people that use stamp as I did when Gox was around. Even when I was a noob Gox was the last place I would have thought to put anything in seeing all the issues they had up to that point.
people will never learn. They will only get slapped in the face another time.
181.
Post 10410697 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.57h):
7 days until the Euro crashes. Can't wait.
182.
Post 10432372 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
183.
Post 10432509 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
BJA is not far off.
Grexit, according to many respected analysts is looking a 50/50 bet right now.
The turmoil and uncertainty in the whole Euro experiment this will cause (and uncertainty worldwide) is already being factored in by smart money.
If any capital flight was likely to benefit BTC we would already be seeing it.
If your banks were about to potentially collapse, or your capital was at risk from your country's banks possible liquidity crisis, wouldn't you already be looking for ways to keep it safe, or at least move it?
The money is already nervous. Bullish as I am (long term) I don't see evidence growing that BTC will be the beneficiary of this crisis.
When Cyprus happened, BTC had not lost so much value and had so many scams tarnish it.
When Greece happens, if it does - the money will not take more risk, it is already seeking safety. And right now, this is not what BTC appears to offer.
well BTC can't be printed out and is not controlled by Governments or anybody. If you just take these aspects it's fucking damn safe. Even the Gold-Market is super manipulated. There is much much more Gold traded on exchanges then ever mined. If you just see it from a price perspective, yes Gold is the better option over Bitcoin.
But the Greece situation is much bigger. It's likely the Euro will collapse as a whole if Greece leaves the Euro. Bank are leveraged 3-5% and they could lose these 3-5% over night. On top there will be a Bank run and since all the Banks are connected it will have a cascading effect. The hole Banking sector worldwide will likely burn if Greece is finally viewed as Bankrupted.
Ireland already said, they want the same deal as Greece. So there you have your second fire burning if Greece leaves and goes bankrupt. Italy and Spain are also running towards an end of the current suppression politics.
I am telling your, once there is a real Bankrun in Greece it's going to cascade fast and Banks will be closed with a lot of money lost by the customers. (fractional reserve endtimes)
It doesn't matter where you have your Bank account in Europ your money will be in dangerous if this hole thing gets rolling.
On top I don't think Grexit is a 50/50 bet. He clearly said no more fishy deals. They don't want any money from the EU or anybody anymore. Either they accept that Greece is Bankrupt and help them or they leave the Euro.
184.
Post 10452732 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
Is this another dead cat bounce
Well nothing changed in Bitcoin in general. Just some lines signaled the day-traders to buy. It will retrace back soonish.. Don't panic..
185.
Post 10453229 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
XRP functions as a transaction stamp and temporary holding/conversion currency. It's value is expected to rise as the network grows and becomes more useful. Ripple's alleged "premine" makes sense when you view XRP like a stock that is gradually issued as the company grows.
RESISTANCE IS FUTILE, JOIN RIPPLE OR BE ASSIMILATED!
Ripple is just an i.o.u. not even a currency or even trustless why would I you it over bitcoin? wtf....
186.
Post 10460244 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
Technical pump over, back to reality.
187.
Post 10460288 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
What is the best strategy now buy or sell ?
best would have been: closed long at 250 and short a bit above it.
As said. In the end nothing changed in Bitcoin. This pump was mainly created by pure day-trader caused by technical signals.
Daytraders don't bring value to the market in the end. I guess this will retrace like it did at the Coinbase pump...
188.
Post 10460427 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
Technical pump over, back to reality.
Hmmmm ,, so theoretically, if someone had opened a short position at, oh let's say, 249.60...
What would be the target to close said position?
Theoretically, of course.
would say something above 240 and look for another short at the bounce maybe even a long at 240 and look if the bounce has more power the maybe even get to a new high.. nobody knows
189.
Post 10462009 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.
190.
Post 10462032 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.
Working fine for me
can you place orders? I heard people can't put orders on.
191.
Post 10468210 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.58h):
truely amazing, the crash is even faster than the rise..
it's because the price is only driven by daytrader who want to make fast $$
192.
Post 10472826 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.59h):
193.
Post 10502571 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.59h):
I do also predict 225$ next stop
194.
Post 10527155 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.59h):
60k Bitcoins moved - 26 Million days destroyed. Never seen so many days destroyed in one block before.
6 Blocks ago
--->
http://btc.blockr.io/block/info/344419Biggest transaction in it:
26 166 coins destroyed all the days... ...... (26 531 045 Days/ 26 166 coins) = 1 014 days not moved. So almost 3 years not moved.
http://btc.blockr.io/tx/info/35591e5c7f4f1f0e4d81748042f2a4b7dcae3ae01027f361cad7c8746369bc0dany way to find out if they hit an exchange or where they went to?
Followed the chain tree a bit back. Looks like some coins where originaly mined in 2010/2011 and have moved several times until they ended up on the Cold Store Address some when in 2012.
For example:
https://blockchain.info/de/address/1FTNSAYCYVpYZxGpdBtpFawgsuigHBL9wv
195.
Post 10527541 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_13.59h):
USMS testing the latest batch of SR coins for auction?
have these coins not moved since 2012 ?
196.
Post 10557186 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.00h):
If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.
Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.
Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day.
There is more belief of short traders and options sellers using leverage.
3600 is not that much
that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.
But some relief will come in 18months
Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000 / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day
$850,000 / 136,000 new adopers = $6.25 per new person
lol
Check reality. Price is $230+ and rising. :-)
there is absolutely no volume behind this rise... These rises are happening because the order book is relatively thin and indicators tell bots/traders to buy.
Once real trades and Volume kicking back in we will just see another big red candle an be back where the rise started.
197.
Post 11217017 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.13h):
Speculations btc-e might close soon so people are panic buying before their fiat gets lost..
Anybody else heard about it?
198.
Post 11217113 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.13h):
Margin available
long 18616.89 BTC at 0.09 to 0.27%/day
short 360.77 BTC at 0.4 to 0.81%/day
lol cant short anymore even if you want to
well that doesn't mean anything... Most trades are made without margin anyway.
It also means there are no people willing to swap their coins even thought they will get 0,8% per day at least...
199.
Post 11285924 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.14h):
So they really traded 75 btc today? WoW.
200.
Post 11500751 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.16h):
mhh there is just soo much pressure downwards for Bitcoin atm...
I am just waiting for an early adopter to cut the ropes and make this fall to 200$. And once we at 200$ everybody is going to panic and wanting to get out above 200$...
There are currently 26,470,000 $ swaps in margin positions on BFX waiting for the price to go up to make profit. That's 115,100 BTC at current price. On top they are paying something between ~~ 12-18% annually interest for their swaps. Once we get to a critical price somewhere bellow 200$ we will start to see big margin calls to ignite the free fall.
On the other Hand there are only 24,100 BTC in margin positions for short. So the chance of a short squeeze is not really there.
If this goes to hell.... We will be there fast. We had a long accumulation phase at the price range of 220-300$. The Next big move should be a major one. And with not having a single trustworthy exchange with good volume beside BFX and all the problems with OKCoin I see BTC currently very overvalued...
Be careful with your Position currently. I am not going to buy any longs for Bitcoin... Too dangerous in my opinion. The Daily chart also indicates the next move is down.
Don't be the bagholder panic selling in the end...
201.
Post 11501234 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.16h):
we broke every trendline.... This is never going to stay stable above 200$ for much longer... Just one big guy saying he is done is enough right now
202.
Post 11518452 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.16h):
small retracement before the final dump...
Sooo many people will fomo and cut the ropes to get out above 200$... It's kinda sad.
203.
Post 11742601 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.19h):
captal-controls and BTC stays more or less the same. thats kind of disappointing tbh.
It was around $240 before Greece basically walked out on negotiations.
yes, a 4% rise,and thats it? i mean seriously, a euro-zone-state getting capital controls was one of the big things to look ahead. compare that to 2013 when cyprus had problems...
I don't understand what people expect...
I mean imagine if the EU Parliaments gets wind of people avoiding capital control by using bitcoin in a bigger scale... They will make buying Bitcoin illegal asap...
Despite it wouldn't effect Bitcoin itself it would make the price drop below 100$...
Let bitcoin take baby steps and not let it fall and get seriously injured because we are greedy...
The situation is already very heated... They will do everything to safe the euro now.
204.
Post 11749240 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.19h):
I don't understand what people expect...
I mean imagine if the EU Parliaments gets wind of people avoiding capital control by using bitcoin in a bigger scale... They will make buying Bitcoin illegal asap...
Despite it wouldn't effect Bitcoin itself it would make the price drop below 100$...
Let bitcoin take baby steps and not let it fall and get seriously injured because we are greedy...
The situation is already very heated... They will do everything to safe the euro now.
What's your point here? In that case anyone who bought in time would be the one who has a great benefit.
Bitcoin is just legal in way too many places so far, ruling in favor of it is the right call to make. Any country that has banned it will probably remove that ban eventually.
Besides, you can avoid controls if you cash out and buy into gold. That never made gold illegal, did it?
It's good to see that we're seeing some positive movement again.
they actually made Gold illegal and therefor forced everybody to sell the gold to the US Treasury in 1934.. Called Gold Reserve Act.
You also can't travel with Gold which isn't declared.
I am not saying it's going to happen tomorrow... But they don't fuck around when it comes to keeping their fiat alive at any price.
205.
Post 11825692 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Man, the global economic meltdown is happening too suddenly. I wasn't ready yet. Also.... what's taking so long for everyone to go all in bitcoin?
They still can't buy it in their brokerage accounts.
Why ?
The ETF hasn't been approved.
You have ETN on Nasdaq Stockholm...
Can someone with a US based brokerage account or Chinese brokerage account buy from Nasdaq Stockholm? Doesn't seem likely.
Check out the broker service in my signature .. They are actually existing since 2012 offering Forex and some Indices trading... They also require very little know your customer so far and seem pretty reliable.
So you can basically trade from everywhere on the global market anonymously with bitcoin... Pretty neat.
206.
Post 11826150 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
seems like the global market is shifting from a 6 year constant bull market everywhere.
On top Greece is creating a big threat to the Euro as a hole.
Let's see.... If the global system shatters with the next crash... Jesus I don't even want to think about it.
Sadly I think Bitcoin will not work in a world with a big global crisis. Other things will be more important like food, Fuel and so on.
But during the crash it might be the best time to buy bitcoin if it dumps as well. People will look for alternatives once the system stabilizes.
lets see how it goes... I mean Greece is starting to get to an anarchy.. if banks stop withdraws completely in the next 2 days people will not even be able to buy food in urban regions.
207.
Post 11826924 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Crazy day...
I feel like there are a lot of lurking dangers out there coming from all angles.
- Chinese stocks are in free fall mode, despite the governments best efforts (making them lose credibility).
- Greece is being pushed out of the EuroZone unless a miracle occurs by Sunday
- Puerto Rico is defaulting
- NYSE has a weird "glitch" at the same time that United and WSJ have technical problems
And worst of all, we smug Bitcoiners have a bloated blockchain with 80,000 txn sitting in the mempool.
That being said, we may be at a near-term peak in bearishness, and a positive development on any of those fronts may give us temporary reprieve... though I think there is also a risk that we get a strong risk-off move in the next few days/weeks/months that may lead to a correction.
*Puts on Bear Hat lined with tinfoil
yea people are getting scared. Global Market are getting at the edge they could fall of... Lets see... The times could be the right. China is having an head-start already.
208.
Post 11827128 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
just a question, how many of you do actively trade bitcoin currently? I used to trade btc when it was super volatile but after the 315$ Coinbase Pump the pressure of the market was out and it became a consolidation zombie. I don't even see much trading potential in the current market.. It's just hodl. The LTC pump was interesting thought but not going to trade shitcoins anymore.
I mean following the bitcoin price over a day is the most boring thing you can do over day.
Compared to trading forex... It's like a ghost-town for the last couple of months.. Once a forex pair runs out of steam you switch over to next potential one and the party starts again. On top the liquidity is insane.
A big plus, any profits I make is directly increasing my BTC savings.
209.
Post 11829257 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Volume is still expanding on larger timeframes, forecast full moon with chance of parabola.
it is already as parabolic as possible...
210.
Post 11833397 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
so the blockchain is basically not usable with normal fees currently?
211.
Post 11834960 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
I am waiting for my transaction for over 4hours now and still no confirmation... Payed the regular fees...
Jesus.. we need bigger blocks yesterday.
212.
Post 11835038 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
is there any possibility to rise the tx-fees on Multibit?
213.
Post 11835459 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
when the LTC fomo gets the strongest it's time to jump out.
214.
Post 11839368 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
great so far closed my scalp longs on futures and transfered everything back to 1broker
Not concerned at all about the BTC price at all.. going to play some forex for the rest of the day
215.
Post 11839669 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
get rekt shitcoin buyer
216.
Post 11839733 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
closed my long, now back to forex for the rest of the day
217.
Post 11841244 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
do people really think LTC will go back up after it got pumped and then dumped today?
have you never seen any shitcoin charts?
218.
Post 11853249 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Lets see if we can break 300 tonight. Either way I am going to take profits very soon.
Don't be greedy guys. Many many people are going to take profits between 300-315. You can always buy a new long later but the profits you take are safe.
Forex Market is going to be extreme volatile on Monday I guess. If Greece gets a deal we could see euro/usd pumped like crazy and maybe give BTC a reason for a dump to correct a bit.
219.
Post 11853324 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Forex Market is going to be extreme volatile on Monday I guess. If Greece gets a deal we could see euro/usd pumped like crazy and maybe give BTC a reason for a dump to correct a bit.
Your thinking is broken.
If eur/usd pumps, it means that USD weakens, so it gives BTC vs USD a reason to go north/up/pump.
well it's simple markets reaction. It's not meaning USD will get weaken directly overall just the Euro will get some ground back because there is finally a solution for now. This would drive the attention away from bitcoin at least from the media.
On the other hand a Grexit would create a massive devaluation of the Euro. Banks are going to transfer their Euros for other currencies like USD or CHF... Maybe one or another Bank will kickstart and get into BTC as a very small part of their portfolio.. Even more media attention expected for Bitcoin in case of a Grexit.
On top, I don't see any reasons to not take profits at 300$...
220.
Post 11853427 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Sentiment very bullish. Only missing now is bids. soon as bids, this gonna explode!
$500 monday guaranteed.
People just draw lines at this point and be like "Very Bullish, going to 900 next week!" yea... People said the same at LTC and when most trader where long it dumped hard because there are not enough people with no position waiting to buy the dip.
"This time it's different" was also the main phrase everybody was using at the LTC pump. Don't forget. LTC was started and initiated every leg up we had for now. The last leg came from the ltc/btc dumps.
We will see what will happen between 300-315$
For now I am going to take profits on all the margin trades and go back to forex with the profits I had on btc so far.
221.
Post 11853487 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
What the heck is wrong with you people ?
Why everybody is losing his mind ?
Someone is swearing that we will see $400 on Sunday and the other is gurnating that we will see $500 in the time we are struggling to pass the $300 mark.
Are the trolls becoming super-uber-mega bulls or what ?!!!!
Never seen bull trolls before? You ain't seen nothin' yet
yea when people become stupidly bullish is usually a bearish sign.
222.
Post 11854309 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Am I the only one looking for a small scalp short for a correction?
I mean yes sure it's bullish, but it doesn't mean it doesn't follow any general market behavior ...
223.
Post 11855356 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
I totally agree. People said the same at litecoin... "This time it's different!" ... yea it was not different at all.
On top, Litecoin started this pump and was leading every leg up ahead of bitcoin.
The last leg up for bitcoin was also the biggest volume on a daily we had for a pretty long time. The last leg to the upside was directly from the LTC dump in China as many coins were dumped on the LTC/BTC pair, which would explain the crazy Pinbar we see on the chinese exchanges.
The recent push trying to break 300$ on western exchanges was in my opinion just a good indicator that this time it is not different.. Just like on LTC... To me this looks really toppish with RSI overbought at every time frame we could see a good retrace here even thought the candles look really bullish.
As for now I took all the profits of my long position and I decided to look for signs to go short.
If we have a strong move through 300 to 315$ I am letting my thoughts fall on this and get ueber bullish again.
If we see a bigger correction right here I am going to look really closely at the dip because if my LTC thoughts are right we will not see enough buy power to buy the dip back up. 95 000 btc margin longs looking for profit are crazy scary compared to just 9 000 btc margin shorts.
Maybe I am wrong and stupid but I am shorting this for now.
224.
Post 11855506 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Maybe I am wrong and stupid but I am shorting this for now.
I'm pretty sure you're not stupid, and I hope you're not wrong. A sharp pull-back from here would keep us in the 200-300 range I've been hoping would last all summer. Also would be a real kick in the teeth to all the building hype, so there's that tendency to move in the direction of most pain thing...
But if we break above 300 and stay above 300? -- to me it would be analogous to when we broke and held above $10 after spending almost all of 2012 at +/- $5... meaning not a good time to be in a short position.
Ofc I agree, if we break 315$ with confidence this time it could really develop to something different this time.
But for now we are under 300$ with a lot of things coming up next week. (possible Grexit, Chinese Stock market development, etc. etc.)
If there are really new forces buying Bitcoin we shouldn't have a problem going beyond 315$ this time and not become a instable critical mass.
225.
Post 11857924 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
5k coins to 330 on finex..hmm.
Shorts up to 10k. They keep trying bless their cotton socks!
and 90 000 btc margin longs.
226.
Post 11858013 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
wait for the candle to be printed above 315$ before getting over exited.
the 1d chart reminds me of the LTC chart.
we are definite in profit taking area rather then yolo long area for now.
227.
Post 11858177 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
228.
Post 11858318 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises.
Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray.
Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price
Well, this is not going to go up forever like this. That's not how markets behave.
229.
Post 11858383 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Bitcoin Market Cap: $4,343,815,046
LTC Market Cap: $276,834,126
BTC 15,7 times bigger.
yes but every leg up was initiated by LTC it even started this pump. The last major leg up was caused by the chinese exchanges because of the LTC/BTC pair dumps.
300-320$ is strong resistance level. 3D RSI overbought and Stoch RSI about to cross bearish.
I am for sure not going to long at this point, but rather look for a short.
230.
Post 11858509 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol!
i have seen bull runs in stock-markets that lasted DECADES.
I was just referring to my 3d chart. Surely a stock can go up for a very long period of time. But it will still have pull backs.
If you just want to hear this I will say it for you.
Yes it is very bullish overall.
231.
Post 11858712 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Greek talks have totally broken down and insiders are trading the only market that's open .... cryptos.
Chinese financial markets are going to be partially frozen over the next weeks, others will also be affected. This is shaping up to 1929 with the selling waves beginning early in the summer and building right through until october ... i.e. black tuesday
I am really looking forward to the forex market open this evening. Going to be one of the most exiting weeks for all Forex traders I guess.
232.
Post 11858921 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
lol, I am kicking my own ass right now for selling 1 BTC Friday at 287.00
but I owed the household money for electric from mining... for the last few months... was under pressure from my better half... lol oh well what's 23.00 bucks anyways these days.....
I think this could be the start of a rapid climb... But I am not writing off a last minute deal with Greece just yet?
I think Greece will probably agree a last minute deal but this is bigger than Greece. Bitcoin will succeed with or without a Grexit. Bear market is over & we begin a slow climb up ahead of next summers halving.
Any Greek deal is just a postponement. Greece is bankrupt.
NO, THIS IS PATRICK1!
233.
Post 11859120 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
Get ready to sell, rumours of white smoke soon from the Eurogroup (less than an hour).
I actually took a scalp short at 318 futures. but going to jump out of that asap once it turns against me
234.
Post 11860039 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
okay we did hit every target now. 316$ Bitfinex, 2000 CNY.
Looking at the 3d Candle I am short.
see you at 0.618 !
235.
Post 11860720 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
I hope BTC is going to consolidate for the next 5 days. Going to focus on Forex this week.
Have a feeling the forex market is going to be epic this week.
We can keep pumping once the market closes Friday night pleas!
236.
Post 11860790 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
I hope BTC is going to consolidate for the next 5 days. Going to focus on Forex this week.
Have a feeling the forex market is going to be epic this week.
We can keep pumping once the market closes Friday night!
what u expect on the forex market ?
EUR UP because greece will exit euro and so euro will get stronger ?
If the Grexit really is the final decision we will see Euro/Usd at a free-fall for sure. Going to look for a short 100x leverage if I can get a decent position tonight.
Grexit would result into crushing any trust left in the Euro as an investment as well as a safe place for the big Bank money. A default also means writing-off a lot of money from the books. If this happens once it's going to take a lot to rebuild the trust.
237.
Post 11862338 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
it's actually nice trading forex with bitcoin while the bitcoin price is constantly growing. Feels so good.
1 hr until market opens thought. Lets see how Euro will behave
238.
Post 11862698 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
That was a nice ride.
Now back trading forex with my new fresh btc winning and putting the rest of my coins at cold store for a now.
Good luck for the next week guys!
239.
Post 11863136 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.20h):
eur/usd gapped down less then I expected.
Lets see how all this Grexit works out and if selling BTC on the news worked again.
240.
Post 11978722 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
So a tweet which has a Bitcoin ATM in it became viral. WoW
Seems like there is nothing else going on currently...
241.
Post 11978762 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Wasn't our last celebrity endorsement this guy?
Or was it Puff Daddy?
50 cent is broke seems like nobody cares about him anymore.
Is Puff Daddy broke as well?
242.
Post 11981742 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I'd say bitcoin is lucky to have only dropped 1% after looking at the Shanghai composite.
I would say bitcoin is not really connected to the real global markets... It's in its own universe... Pump and dumping altcoins has much more effect on BTC then the real global market has.
243.
Post 11983200 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Honest Question:
Does anybody here really believe we will moon?
I mean all this Rocket Space fire train pictures are getting me tired... It's not even funny anymore ..
244.
Post 11983525 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
It's starting to feel more like launch time than it has in a long time.
because?
To me this looks like a lot of hopium by the people who missed the moontrain 2 years ago holding the price at these levels...
245.
Post 11983632 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
It's starting to feel more like launch time than it has in a long time.
because?
To me this looks like a lot of hopium by the people who missed the moontrain 2 years ago holding the price at these levels...
Just because it does. It's just a feeling but a lot of the movements seem like the ones we had before when things took off. We probably need a nice flash-crash to get things moving.
Well I would say, there is no real reason for Bitcoin to really shoot up... There is nothing driving the price up.. No China, No Willy Bot....
If the only thing Bitcoin talks aboutt in the last couple days is Mike Tyson Bitcoin ATM shit is about to hit the fan I would say...
246.
Post 11984260 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
We're currently in a correction from the quick rise, I'm going long 284-286 (half already filled).
We will definately bounce back at 315 and probably blast through it after another correction, completing the cup and handle.
That will be the rocket launch.
lol, bitcoin is not going to moon because it made a cup and handle... lol
Bitcoin is no forex...
247.
Post 11985139 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Any shorters out there? lmao
well you shouldn't short in a bull trend in generall.. Only if the price goes parabolic you can try to short it... That's when you get the money from the fomo noobs...
In a real bulltrend the price will stop rising when there are more longs closing then opening, there are very few people actually short.
248.
Post 11985162 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I have to say I find it pretty stupid how many people behave so childish when the price pumps a bit...
249.
Post 11985384 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I have to say I find it pretty stupid how many people behave so childish when the price pumps a bit...
lol! what do you expect? this is the "speculation" board and the "price movement" thread, if you are looking for elevated conversation you should look elsewhere.
I feel like there are only cheerleader girls left in the bitcoin space, who get an orgasm every time somebody buys 1k bitcoins on Bfx....
250.
Post 11985436 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I have to say I find it pretty stupid how many people behave so childish when the price pumps a bit...
lol! what do you expect? this is the "speculation" board and the "price movement" thread, if you are looking for elevated conversation you should look elsewhere.
I feel like there are only cheerleader girls left in the bitcoin space, who get an orgasm every time somebody buys 1k bitcoins on Bfx....
You do know this is the internet?
is this gentlemen?
YES
Well I remember a time way back when there was actually some content on the Wall Observer sub....
Not anymore as it seems...
251.
Post 11985509 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I have to say I find it pretty stupid how many people behave so childish when the price pumps a bit...
lol! what do you expect? this is the "speculation" board and the "price movement" thread, if you are looking for elevated conversation you should look elsewhere.
This place is also full of aspiring traders, who as we all know, are mostly kids.
yea I started trading Bitcoin back in the times and had no idea what I am doing... But now that I have a good understanding of markets in general following all the "bitcoin trading experts" it's kinda strange...
I switched almost completely to trading forex which feels much more fundamental. Everybody seems so much more mature compared to any place I joined for trading Bitcoin... The Whale Club teamspeak has some smart people in it but the loud "WE ARE GOING TO THE MOON, IT'S FOMO TIME, I am going to Jerk off now" guys are also there...
252.
Post 11985677 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Haven't been here for a while, but it looks like it might be worth to start shorting again...
not now, Wait for it going parabolic again... When the fomo is the strongest you will get the money the easiest from them...
253.
Post 11986205 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I was about 23 pages behind in this thread so I thought fuck it and I went to the last one. I can't understand why everyone is so bullish back here?
the normal "we are going to the moon" bulltards stuff
254.
Post 11986714 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?
Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...
The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.
255.
Post 11986850 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?
Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...
The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.
You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.
Good luck with those CFDs and 200x leverage.
lol I wouldn't call a 1.6% going really up at Bitcoin....
256.
Post 11986934 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?
Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...
The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.
You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.
Good luck with those CFDs and 200x leverage.
lol I wouldn't call a 1.6% going really up at Bitcoin....
I hate to break it to you but you aren't fooling anyone on here with your forex l33t trading chat. Most of the bulls on here have been round the block a few times.
Well Forex is a different kind of trading compared to bitcoin... I am not saying it's better or worse or anything... It's different on many ways
Bitcoin is more like trading stocks in the end... You hodl and you sell at some point... There is rarely real intraday action you have to pay real attention to in the end.. Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish
257.
Post 11987038 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish
For a permabull the market always looks bullish.
Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!
if you just look at the chart BTC is currently for the first time really in a bullish phase...
The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.
258.
Post 11987134 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I just listened to an interesting Interview with James Altucher who made multiple times Millions and lost them all over again and made Millions again... Interesting guy in the end..
They also talked about bitcoin at some point ... he was more skeptical about bitcoin in the end... The last real thing people heard about bitcoin is still the Silkroad and the massiv bubble btc was in...
Here link to the interview where he talks about bitcoin:
https://youtu.be/t4AorWCbChA?t=34m22s
259.
Post 11987165 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish
For a permabull the market always looks bullish.
Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!
if you just look at the chart BTC is currently for the first time really in a bullish phase...
The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.
As if any fiat currency is backing shit up in forex. lol.
I didn't say they are backing the currency up....
I meant the bull/bear trend in the Forex market has some deeper fundamentals driving it which Bitcoin drive.
rising interest rates vs. QE programms -> EUR/USD best example currently. While the FED is talking about rising interest rates by the end of the year the ECB is talking about extending and making the QE program bigger... These are the fundamentals which create a bear/bull market at least in forex.
In Bitcoin there is nothing like that... There are also no big Banks throwing Billion and Billions of $ into the market every day.. It's more like a religion / esoteric thing still people want to believe in the end...
Nobody knows what the future will bring. Even thought here are people 105% sure Bitcoin will take over the world.
260.
Post 11991232 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
OK.
Both Greece and China, for the time being, appear stabilized.
Since Friday, both BTC and LTC [esp. LTC] have made noticeable rises.
Any explanations/conjectures?
I wouldn't call this a real rise after the initial pump...
It's just ranging why do people freak out lol...
261.
Post 11991790 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
man there is no real price action for such a long time now, beside the pump to 315$ we had recently... mhh...
262.
Post 11994165 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
What is this up trend due to?
When it was the the Greek problem it was logic,but now?
Bitcoin has many advantages compared to fiat money. Why isn't that logic enough for you?
Waiting 10-30mins for conformation is not an advantage in the daily use...
263.
Post 11995778 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
so consolidation at a high resistance level...
Lets see who shoots first.. It can go either way here even thought the perma-bulls never want to hear this...
264.
Post 11999144 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
but but... Everybody said it's sooo different this time!
Why aren't we above 315$ yet ?
265.
Post 12004363 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
looks like Bitcoin is still not ready for prices above 315$ this year....
266.
Post 12007712 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
So Etherum just got added on Kraken.com ?
Very interesting how the price is going to develop for ETH...
267.
Post 12008652 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
So Etherum just got added on Kraken.com ?
Very interesting how the price is going to develop for ETH...
So much about the hype about Ethereum being a Bitcoin add on and not a competing currency.
Color me shocked.
Vitalik said Ethereum was not a competing currency to Bitcoin, but either panic dumped his IPO Bitcoins or deliberately sold them at times he knew would do the most possible damage to Bitcoin's price, like immediately after the Bitstamp hack. I hope he doesn't use his founder Ethereum stake to do more damage to Bitcoin's price.
well Ethereum is not really competing with btc in the end... it's playing in another league with all the possibilities build into it...
And I am pretty sure Vitalik was/is not responsible for the finances... There is surely somebody managing everything behind the scene
268.
Post 12008681 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
because Bitcoin has no real connection to the world economy like Gold or Stocks have...
Pumping or Dumping LTC has a much much bigger impact on Bitcoin then anything else...
269.
Post 12009373 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Holy shit VPN coin out of China could be the next Tor..
The user is able to freely connect to the decentralized P2P VPN network freely through ways they choose. This allows for increased security. The static verification of identity can lead to security breaches, potentially causing the leak of sensitive information. Bitnet verifies the “identity” of its users dynamically through the blockchain, where the ever-changing credentials to log in are securely stored.
All of this information is also completely anonymous. Connection to a VPN node through Bitnet is virtually invisible because this network is decentralized. Once connected, you can see what they see, while nobody else can see you. This VPN is, in ways, the “first civilian TOR.”
Bitnet also enacts a unique domain system with virtually infinite possible combinations. The domain names are as follows: http://(wallet-address) without the parentheses.
Any business or enterprise may set up their own website on Bitnet with the only cost being server utilities. There is no required domain registration fee. Since this is P2P, a business may trade even outside of its regional limitations. This is especially useful in a communist state like China, where censorship is such a problem. You can see what you deem fit, not what the government deems fit for you. The list of applicable uses for Bitnet goes on from P2P instant messaging and phone systems; there’s a plethora of useful feature to use.
Tor and I2P are two similar projects to Bitnet. However, Tor and I2P receive heavy government and private funding because of their applicable uses in privacy and security. The developers behind Bitnet hope to create the third multi-node, decentralized client of importance.
In this sense, Bitnet really is a civilian implementation of Tor. Unlike the previous two, Bitnet is Chinese. Tor and I2P are American in origin and not necessarily tailored to the needs of people who need decentralized anonymity in the world. Bitnet comes in as a personalized system that can be suited to the needs of the individual user.
VPNCoin is the driving force behind Bitnet. It’s the epicenter of the utilities included in the client because the client is first and foremost an alt-coin wallet. It goes deeper than that, though. A decentralized trade market is embedded in Bitnet. Its intrinsic currency is obviously going to be VPNCoin.
this is not the shitcoin dicussion threat..
270.
Post 12009883 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
We're going down. Target $260 imo.
perma bulls don't care what you think!
2014 was just a big Bullflag! Bitcoin will always go up!
kk?
271.
Post 12012736 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
bfxdata.com
Haha. Pull the other one.
there is a whole list... just to mention some.
slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere
blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.
I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."
But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...
Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...
The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...
Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..
All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....
272.
Post 12012822 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
bfxdata.com
Haha. Pull the other one.
there is a whole list... just to mention some.
slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere
blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.
I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."
But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...
Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...
The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...
Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..
All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....
Get out of bitcoin if you don't have the stomach to hodl strong over time
I don't even care if the price goes up or down... You can make the same money on both ways...
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Post 12015104 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...
Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, ...
except by the fees or when the gov block you from accessing bank stuff, like happened in Greece and other countries in different times
you know how expensive a bitcoin TX is without the subsidized Blockreward would be?
The ~50$ a current transaction costs makes the traditional system look cheap as fuck...
Somebody has to pay all the THs of mining power burning all the electricity 24/7...
Well, if community would want the price to go up no market maker would be strong enough to push the price down... Everyone (existing bitcoiners) should simply buy one more bitcoin and hold it for a month or two.
my opinion is that the demand is too low for a strong upward trend at the moment. but the situation maybe change after the halfing next year.
I think that demand is big enough... Fact is that someone with lots of coins is shitting around for a year now. Also community has changed big time and bitcoin use to grow on it.
Halving sure will bring the spike! Many are already buying coins just because of that, after all it is less than a year until halving
Not really... A real demand is almost not existing. It's purely driven by speculation ...
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Post 12016002 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
275.
Post 12018673 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
but but... we all agreed it's different this time!!
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Post 12024053 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
But... But... everybody was screaming it's different this time when they fomo bought... !!!
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Post 12024555 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Mark in prison is very bearish i guess, we need to get him out.
Well, if he sold his customers' coins to the Chinese and has now a boatload of CNY waiting to buy low...
I suppose from prison he won't be able to move his hidden bid walls above 100$.
why would he want to buy back lower anyway?
If anybody gets a sign that Karpeles is buying any bitcoins...
I am still surprised he didn't vanish over all for good or bad...
278.
Post 12025130 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
So Mark is basically the creator of the May/April 2013 bubble and the December 2013 bubble...
Lets see where the price of btc really bottoms out...
279.
Post 12025182 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
So Mark is basically the creator of the May/April 2013 bubble and the December 2013 bubble...
Lets see where the price of btc really bottoms out...
I suspect we are going to hear this a lot from bears on here in the coming days and weeks. This and the 'Japanese bankruptcy court to force liquidation of 200,000 coins!!!' and 'when is the next USMS auction' is really all the bears have now.
Bears need some pretty heroic selling to move the price down. It may come. But not from any of you lot.
well that's a lot more then the bulls with their "Pray to the Moon train" tactic have...
280.
Post 12025556 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
you've forgotten we've still broke the downtrend with a flatphase some weeks ago.
well if you look at the chart (log or non log) we broke the trendline in June 2014 also with an even better bottom
if you look at the log version it shows the same pattern like in June 2014 I market them. The only difference back then there was barely any Leverage trading... That's why the % swings were bigger back then..
log version Bitstamp:
We created nice Pinbars everytime we tried to touch >300$ recently... That's not bullish at all.
Well surely we broke the downtrend-lines but this doesn't mean we will instantly create a new uptrend and start the next bubble.
With all the Pinbars we had when we reached 300 it does actually more and more like another failed attempt to me...
In the end we could have just created another downtrendline...
surely the support on the Bitfinex orderbook is great but when shit hits the fan it's just one or two parachutes early adopters can fast exit the market.
As long as there is no real demand for bitcoin we I am still skeptical about a real uptrend. All this "Greece, We broke the Trendline, This time it's different, To the Moon" created the recent attempt to really break 300$ but it looks like it failed another time.
I really wonder if we could reach double digits... I am going to be so curious how all the perma Bulls will still show their moon pictures because we broke the downtrend line ...
281.
Post 12025606 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I'm always astonished about the bullish self confidence...
...but what is this ever lasting and repeating bullishness where market did not confirm any direction?
You are posting on a bitcoin enthusiast forum. Why are you surprised people are enthusiastic and confident about bitcoin? Serious question because you post here often enough to have grasped that by now.
Nearly a billion projected USD VC capital investment for 2015. The bitcoin community is still extremely small for those kind of valuations. Zoom out on the long term price chart.
Finally and most importantly (for me at least) this is my play money to do with as I wish. My shares are never going to do anything exciting except plod along or eventually crash when the central bank spigot is turned on. Property is just for living in or renting out. Bitcoin is exciting and for ideological reasons is attractive also.
Well I expect at least a bit more realism after we dropped from 1200$ to 160$.
When will all the perma Bulls become disillusioned....? I mean there are still people thinking we will go straight to 30k$ with the next weekly candle.
If Karpeles was the motor behind the May 2013 and December 2013 bubble in the end we will never see 1200$ again even thought people think Bitcoin will take over the world but in fact the blockchain is the thing the world is interested in.
282.
Post 12025673 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Yeah, I'm constantly wrong since ~800.
That's exactly what I mean. I remember exactly the same responds by the perma Bulls when we were at 800$, 600$ and 400$...
Thinking back I am laughing my ass off when everybody was "hodling" when the bubble started to burst rapidly... All the 300 "Hodl" pictures on Reddit, they were all soooooo wrong..
It's amazing how people think this is a clear multiyear Bullflag because if you log at the log chart it starts from 0,01$ and we are above it.
283.
Post 12026344 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Well I expect at least a bit more realism after we dropped from 1200$ to 160$.
When will all the perma Bulls become disillusioned....? I mean there are still people thinking we will go straight to 30k$ with the next weekly candle.
If Karpeles was the motor behind the May 2013 and December 2013 bubble in the end we will never see 1200$ again even thought people think Bitcoin will take over the world but in fact the blockchain is the thing the world is interested in.
Long term, price will go up (even above ATH) if people start using btc or if they find a value holding it... And it doesn't take many people.
About Karpeles bubble(s). Just like he was pushing price up/down in the past someone is doing exactly the same right now (holding the price down). Market is manipulated... of course every market on the world is manipulated just that here manipulation is more obvious because market cap is super low.
For traders those 20$ swing are perfect so they are not complaining (unless they are losing).
About current situation. I'm thinking we will see a double bottom with higher low.
Why would the market be more manipulated then other?
It's not SOMEBODY pushing the price down when we recently hit 315$... It's market saying "This is the point were more sellers then buyers are."
Karpalese was likely just the motor creating this giant bubble and the attention bitcoin got because of that... It also created a lot of bagholders which are despertly waiting for the price pushing up again (perma Bulls going against any bearish thoughts which would make their bagholding even worse)
There is no law that bitcoin will succeed... I think it's much more likely we will stay for a very long time in a range not creating a new bubble... (previous performance is not an indicator for future performance)
At least for me it seems the world is not really ready/interested in Bitcoin but much rather they are interested in the Blockchain behind it.
bitcoin in it's current form is not really an advantage in a normal day to day use... Credit Cards and PayPal have their issues as well yes but it's not like they are that bad that everybody in this world would have to switch to switch to something which requires 30min conformations before completing the TX...
Maybe this will change in the future with sidechain / lightning network or whatever... But in the current form of Bitcoin as a currency is not the valuable thing... The Blockchain is the valuable thing.
Who knows Ethereum is still very interesting but they are having massive funding problems currently. I know Bitcoin enthusiast will never think of a Bitcoin 2.0 but there are system in planing/development which are much superior and with much more potential use-cases behind them...
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Post 12026492 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
bitcoin in it's current form is not really an advantage in a normal day to day use... Credit Cards and PayPal have their issues yes but it's not like they are that bad that everybody in this world would have to switch to switch to something which requires 30min conformations before completing the TX...
Try to send money from Brasil to Denmark for example... It will take days. Xapo, Bitstamp (with debit card)... solves that in a matter of hours.
ofc if you wire it, it will take for ever...
But with PayPal or a Credit Card it would be there instantly. Ofc the fees are higher and it can be frozen or whatever but tbh. I rarely send money outside of my country and if I do it's not a big issue if a SEPA takes 2 days and I haven't heard of anybody I know that his transaction was frozen...
And if you leave out the substituted Blockreward out, as BTC trasnaction currently would cost like ~30$ ...
285.
Post 12027902 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
please stop talking down bitcoin for your personal interests. you will look stupid in the future and you wont get a job.
lol
286.
Post 12028052 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
please stop talking down bitcoin for your personal interests. you will look stupid in the future and you wont get a job.
lol
please don't laugh. you look childish the last days in particular. maybe your mother steals potatoes in the grocery, but don't blame the rich guys for it.
rofl
that's first class comedy.. Somebody give him his pacifier back!
287.
Post 12031549 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Wondering if we'll see any Sunday action. If not, Monday's always seem to bring some movements with them - could be interesting as it's a new month, new money. Maybe. Could go either way but - that Wall on Finex tho!
We will see if it is fake or just gets sold.
288.
Post 12033036 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Top 5 supercomputers (
http://fossbytes.com/top-5-supercomputers-of-the-world/)
Mira IBM’s self-built Supercomputer: 8.6 petaflops
Fujitsu’s K computer : 10.5 petaflops
IBM machine Sequoia: 17.2 petaflops
Titan: 17.6 petaflops
Milky Way-2, the king of supercomputers processes at a "staggering" (
) speed of 33.9 petaflops
total = 87.8 petaflops
Bitcoin Network Hashrate: 4,875,965.41 petaflops (
http://www.bitcoinwatch.com/)
#lel
#bullish
bitcoin miners are sha256 exclusive units. They can't do anything else then sha256 hashes. That's the reason why they are like over 100x-1000x faster then a same sized regular cpu..
While all the superComputers can literally do anything you want the ASIC chips can't do anything beside sha256.
Why would this be bullish?
289.
Post 12033501 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term.
Look at the volume on the decline and guess what happens next.
Volume can be an indicator for tops/bottoms in the rest of the time volume is not so important...
290.
Post 12033630 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term.
Look at the volume on the decline and guess what happens next.
Decreasing volume during a downtrend means sellers have exhausted their selling pressure.
WE GO UP
well it means there are more sellers then buyers even if the volume is low...
It does not indicate what the next big move is going to be.
291.
Post 12040008 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
WoW.... The rockets are posting again lol.....
292.
Post 12040803 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I guess Mark needs some first class lawyers now.
Lets see if he dumps some coins ...
293.
Post 12042839 (copy this link) (by GaliX) (scraped on 2020-04-04_Sat_14.22h):
I guess Mark needs some first class lawyers now.
Lets see if he dumps some coins ...
Probably he had a lot of yens from his previous dump. I don't think he needs to dump more to pay lawyer fees.
how many coins does he have left locked away that are not going to be dumped back into the bitcoin system ??
Well 550000 are still missing.
this must be one those idiots who forgot their secret key. .. what is that ?? like 5% of all bitcoins possibly lost forever ?? just from one guy.. seems to be a problem here.
I am pretty sure they are not lost ...
Nobody on this earth would be so dumb to lose the key to 550,000 BTC (it could be even 850,000...)
Not even Karpeles would be able to let this happen...
