All posts made by Coinshot in Bitcointalk.org's Wall Observer thread
1.
Post 9329910 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.26h):
Bought in too early, thought it will go up off 350.
Will get paid on Monday and so hoping that prices stay like this till next Thursday.
2.
Post 9633877 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.34h):
Wanted to put my stamp at 10k page
Expected BTC to be at least above 500, still I have a feeling it will go up early next year.
3.
Post 9711130 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.36h):
It has gone slow. I do not think there will be any action before weekend. So that means waiting for 4-5 days.
I have feeling there will a huge crash come Friday.
4.
Post 9742543 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.37h):
maybe the winning bids were 10-20% below market price
maybe the winners will sell there winning for profit on the markets in the coming weeks
maybe honey badger don't give a fuck.
I expect them to be a lot below the market price.
5.
Post 9760025 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.37h):
The dreaded weekend begins. Now to wait and see if it can hold over 350.
6.
Post 9822151 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.39h):
The price is rallying instead of going down in anticipation of weekend dump. Its quite bullish
7.
Post 9871964 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.40h):
Weekend is coming in too.
To me it seemed if BTC broke below 350 it will go below 300. We are on course now for it.
8.
Post 9881053 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.40h):
Its definitely going below 300. The question for me now is whether to wait till it hits 250, or will it bounce of the 270 low.
Going below 266 would be big, never has it gone below the previous ATH.
9.
Post 9908899 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.40h):
I thought it would go below 300 on this weekend, but it has stayed up. I think this is a positive trend, if it can rally some during the midweek that will make it clearer.
10.
Post 9961170 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.41h):
Another test of 300 soon. Its holding well so far, but I fear if it breaks it will go down a lot.
Need a rally next week to bring up BTC to a safe level.
11.
Post 9996494 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.42h):
Bitcoin bull to the moon in 2015
Aww.. The poor bull thought he's finally going to the moon... He didn't know he wouldn't be able to put his helmet on
Excellent, top trolling!
Happy New Year, I hope we see a bull run sometime soon. I think there may be one in the second half of 2015.
12.
Post 10016726 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.42h):
Weekend here, now lets see if it goes below 300.
The bulls should be happy if it does, it has become stagnant. A sharp fall may create a rally and push it past 400.
13.
Post 10026279 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.43h):
Inconclusive. This volume is really tepid.
Yeah, it's hard to tell. $300 was my psychological wall, but then again- it's just drip drip drip. Can't even really sell/buy into it at a one price with any volume .
300 was getting tested lots of times. It was only a question of when it was breached. It has happened now so hoping for a fast drop to 250-260.
250 would be the absolute floor and we should move up after touching it.
14.
Post 10038500 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.43h):
If we see double digit Bitcoin in 2015 then I am quite sure that an Altcoin could have the throne up for grabs.
I though mass adoption and infrastructure would solidify btc's place. But I'm less certain now. Enough investment in an Altcoin wouldn't be unthinkable. Plus it seems like just clown-money in Bitcoin atm anyway - ie just buyers looking to trade and not use for anything productive. Silk Road was the best thing that happened to BTC. Those days everyone knew someone that was actually using Bitcoin to buy drugs with (where I live anyway). After the shutdown all those guys sold and most can't be bothered using the other dark markets after the shut down and buy their shit back on the streets.
On the contrary, Silk Road was the worst thing that happened to bitcoin, and we are still suffering from the reputation Silk Road brought to bitcoin as being the bridge to illegal payments. Bitcoin is just fine with the price in the levels it is now if it would be 100% legal and acceptable by respectable businesses. Sooner or later (year, or two) the price will slowly rise as the legal use cases develop one by one. There's nothing worse than being semi-legal high value currency for the criminals.
Silk Road was the reason BTC gained some name in the first place. Once it became big it looks to be a drawback, but you forget it would not have been big in the first place without Silk Road.
15.
Post 10097243 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.45h):
My guess: Bitfinex buy wall at 286 will break. Going down.
It's been tested already. Whalebear won't sell into it. Wonder what that means.
I think it may go down over the weekend. As long as it was holding above 300 there was a chance. The break through it means its going to go to 250-260.
16.
Post 10189605 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.50h):
According to my research based on mining cost, general interest (not based on exchanges data or Google stats), shy TA divergence and a few things from my trading methodology, from this point we are going up.
Oh great...I just sold my stash...couldn't you have told me this sooner?
It's going to take 3 days for me to make a bank transfer.
Do you think it will stay at 200 until then?
It will stay here for now. You have enough time and may even get some cheaper price.
17.
Post 10199220 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.51h):
It survives the weekend. I will take this as a good sign. If it can rally to above 240 during the week then sub-200 is over for now.
Congrats if you have managed to load up at 180-190.
18.
Post 10329979 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.55h):
the price going up a bit is a good sign, I think it can go up to $260 then the next big dump will follow.
I think thats somewhat optimistic. I expect price to remain in a narrow range for now between 220 - 250.
19.
Post 10345688 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_13.56h):
Bitcoin's on a run - only $1000 more and we'll be at an all time high
More important is breaking $350: the (down) trend line.
I do not think it will happen soon. It will now stay in a narrow range and will take time to rally big.
20.
Post 10694944 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.03h):
Good for him, or the same could have happened with BTC
I have missed the Newton's laws on Bubble Evolution in school. Or maybe he was too busy trying to earn a living after that to publish the results.
21.
Post 10694969 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.03h):
so the short term outcome most likely is a dump?
Anyway I doubt BTC will visit the lower levels from the start of the year.
Its not going to 160. However, I feel it may easily go to low 200s. There is still a lot of time left before we permanently leave this territory.
22.
Post 10784102 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.04h):
All these bearish charts with arrows pointing down just say: "look we're going down now for 15 months, and that's the reason why we will go down more". EVERYBODY, even my dog can see that. There's NO helpful information inside. Fact is nobody knows if we hit the floor, long term downtrend is at about 335$ right now, if we go above that, we might go to the moon, thats all.
There will always be swings. Since 160, each drop has stayed above the previous one which makes me confident the downtrend is over.
23.
Post 10795530 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.04h):
Now I understand why zuckerberg wiped the floor with them and took facebook for himself. these guys are idiots.
The movie was not flattering to them either
I would not say they were taken to the cleaners. They ended up earning hundreds of millions with essentially having done nothing.
24.
Post 10914805 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.07h):
Would rather wait out till tomorrow and see where it is headed. Holding well over the weekend so far while I was dreading a rapid collapse, but there might be a mini crash tomorrow.
25.
Post 10915373 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.07h):
Would rather wait out till tomorrow and see where it is headed. Holding well over the weekend so far while I was dreading a rapid collapse, but there might be a mini crash tomorrow.
Charts look like there could be another leg down to 238-242. I don't think we will see anything below that.
I am hoping for a short term fall below that for a fast profit.
About the collapse I am taking a slightly longer term view. I feel if we stagnate and move down slowly there is a chance it might go below 200 and if that happens I expect to see low 100s.
26.
Post 10915540 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.07h):
Would rather wait out till tomorrow and see where it is headed. Holding well over the weekend so far while I was dreading a rapid collapse, but there might be a mini crash tomorrow.
Charts look like there could be another leg down to 238-242. I don't think we will see anything below that.
I am hoping for a short term fall below that for a fast profit.
About the collapse I am taking a slightly longer term view. I feel if we stagnate and move down slowly there is a chance it might go below 200 and if that happens I expect to see low 100s.
exaclty, because at this point,
even breaking 300 would not hold long. and aiming a 120$ coin for a 250-300$ short is quite tempting. to the least. and for a lot of people. no rush.
I feel that point is past, that is it has already happened. Still, if it goes to 300 again it would be a no brainer to sell for an assured profit.
27.
Post 10935581 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.08h):
Just woke up to troll central it looks like. Price spike imminent...
It's been like this all day. Were off the high's right now and looks like sideways for a bit.
I was expecting a small dip, so staying sidewise is a good sign. There may be a small rally as early as tomorrow. Best to get the BTCs now (for short term profit).
28.
Post 10935845 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.08h):
The volatility preference is not correct, for reserve applications. What most people dislike is value depreciation. Very few if any object to upside movements. For denominating obligations, howev er, the point is valid. That concern is readily addressed without reference to depreciating fiat, by denominating in a less volatile numeraire, whether crypto or some other commodity, converting according to a transparent rule. Contract in gold. Transact in crypto.
The main problem is that merchants are unable to hold the BTCs and have to sell them The can not be having their holdings to keep changing wildly.
Imagine if volatility was reduced. Then some merchants might actually be tempted to hold BTCs, which relieves some of the selling pressure and helps prices.
29.
Post 10935876 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.08h):
The volatility preference is not correct, for reserve applications. What most people dislike is value depreciation. Very few if any object to upside movements. For denominating obligations, howev er, the point is valid. That concern is readily addressed without reference to depreciating fiat, by denominating in a less volatile numeraire, whether crypto or some other commodity, converting according to a transparent rule. Contract in gold. Transact in crypto.
The main problem is that merchants are unable to hold the BTCs and have to sell them The can not be having their holdings to keep changing wildly.
Imagine if volatility was reduced. Then some merchants might actually be tempted to hold BTCs, which relieves some of the selling pressure and helps prices.
the main problem is that there is no incentive to use bitcoin to actually buy stuff, drugs and other illicit things aside.
There will never be. I never saw BTC as a way to buy stuff, but more as a holding.
30.
Post 11081031 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.11h):
Going down and down ...
I think it may go below 200 now. I had expected it to bounce up on Monday but the opposite happened.
31.
Post 11342354 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.14h):
Sometimes I think the best thing would be for Satoshi to just dump all his coins right now, take us back to double, maybe single digits and really test the limits of this market.
I hope you were just exaggerating... because if Satoshi were to fully dump his/her/its holdings, I have little hope that bitcoin would rise back up... simply because most people here are not believers, but rather, just in it for the money.
32.
Post 11360092 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.14h):
Good strong performance. But it needs to go above 270 at least before we start thinking of a trend reversal. There are several good news now so lets see if it can go up.
33.
Post 11360621 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.15h):
The only people making money now are those who are lending out coins and fiat at BFX. I should take a vacation. This is the time for us to smear on some SPF 50, done shades and and crawl out of our caves.
There are still small profits. Granted its nowhere near as we have been making over the last year but its soomething.
Sometimes there are these small rallies like when it got to 260 a few weeks back. That was some decent profits then
34.
Post 11675971 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.18h):
Well I invested 1500$ in Bitcoin since last March or so. Now i'm nearing 1000$. I've not made a penny.
I think i'm ready to quit trading. I'll never get that money back. I dunno how one could loose so much so fast, even if one is totally inexperienced, it seems one would make money at least 50% of the time. But i've made money something like 2% of the time. I just don't have the patience for this.
Use a cold wallet and forget your BTC, in a few years you will read that 1btc=20k$ and you could sell it
Or your coins might end up in the wrong chain of a Bitcoin's hard fork and worth next to 0 in the future.
Put in cold storage is OK, but forget and take for granted they'll be worth a fortune in the future in my opinion is a mistake
35.
Post 11713478 (copy this link) (by Coinshot) (scraped on 2020-04-04_Sat_14.18h):
seems the 22k bid wall on finex is gone?! 13k left!
The way it was removed in one huge chunk makes it obviously the work of one person. It wouldn't have been dropped so quickly if numerous different people had contributed to the wall. Clearly a manipulator is at work, and the rest of the wall remaining is almost certainly his work too.
<image snip>
Indeed, there were many small equal bids equally spaced, that were removed all at the same time. Leaving many slighy larger bids, equally spaced with double the step.
Surprised that anyone ever thought otherwise (that this is a single manipulator with deep pockets). It's pretty obvious he's just selling back to himself over and over again, with little to no risk atm as he is the only one playing around.
This market is still pretty dead. Whatever the game is, it's not working.
Whoever is doing it is paying fees for the trades, so what is the point of doing it
And by having walls on both sides of the market, he will most likely be trapped in the wrong position if some bad new is revealed and there is a big dump, or if there is a pump due to some good news.
Are you sure it is only 1 people selling to himself
Looks like too much risk for no reason