All posts made by Flyskyhigh in Bitcointalk.org's Wall Observer thread
1.
Post 11359384 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.14h):
The price is consolidating. I think in 24 hours we will see a move. No idea up or down and i am not even guessing, just reacting to the market.
I think it will go down lower.
2.
Post 11377958 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
$130 soon. Then what?
3.
Post 11385780 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
Why not 100x leverage?
All debt is just money creation...which is theft...from those who are not borrowing.
So, why not 10,000x leverage?
If the we cared about being fair, all debt should be outlawed. It is theft, with a maturity attached to it. All debt is a ponzi if it is more than 1x.
4.
Post 11385829 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
[]
^Bitcoin in a nutshell. Three different-sized wheels. Special road. Exact path must be followed.
All for what?
To go around in circles, while people point fingers & laugh.
They aught to make trains this way so they won't be able to derail.
5.
Post 11413700 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
The next 24 hours are critical.
6.
Post 11413769 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
Just need a bear whale to initiate and let the dam break loose. Hodling back the blood. Get ready for the waterfall!
7.
Post 11413867 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
Thar she blows! Where she stops nobody knows!
8.
Post 11413936 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
Let's see if it can retrace to 233
9.
Post 11414018 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
2012 prices soon.
This balloon has been popped. Could not reach the moon, sorry, go back to little-boy arcade, where dreams can come true.
10.
Post 11414103 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
Well, next fib support lvl is around 220$, the journey has finally begun!
We're already rebounding lmfao.
Rebounding with what, 200 coinz? .after 4000 are sold
11.
Post 11414116 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
The GBTC market closed at the all time low at 27.15 dollars per share (
~280 dollars per bitcoin) with volume of 4950 shares (less than 490 bitcoins).
Meanwhile, the volume of Bitcoin Tracker One was ~949 bitcoins.
Future of Bitcoin... $27
Wall street shorting BTC to hell.
12.
Post 11414488 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.15h):
Maybe we should ask Janet Yellen for a Bitcoin Bailout. You know, cuz it's too big to fail...
13.
Post 11464711 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.16h):
Short it to zero with infinite leverage. Then the coin will break when miners stop.
14.
Post 11465862 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.16h):
The next 24 hours are really critical....again.
15.
Post 11467547 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.16h):
It's going to continue going down.
I think Cryptsy or even Poloniex has more volume than GBTC and the Stockholm. Giving away free bitcoin mining toasters is hardly impressive as well.
It's been just big disappointment after big disappointment.
I also think that the Chinese can control the mining industry and actually take losses there that are made up through market manipulation.
Bitcoin would be far better off PoS. Right now it's a huge bottomless hole of electricity cost and one nuclear miner or subsidized miner would knock everyone's socks off. Also, you have money going into BTC and then money flowing into machines the equivalent of a 1970's type writer (worthless now.) It would be much better if it was "all in one". It may encourage people to solo stake (pool staking seems sketchyish.) Bitcoin has far to many people invested/scamming with mining for it to change at this point I fear...
PoS would provide better growth for the network.
You basically just described. Mintcoin
16.
Post 12877879 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.31h):
Is this time is different?
17.
Post 12889784 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.32h):
Buying in Chinese Yuan, selling in USD. They aren't buying Bitcoin, they are just using Bitcoin to buy Dollars. To avoid capital controls.
18.
Post 14242686 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.48h):
MINT is doing good today.
19.
Post 15796757 (copy this link) (by Flyskyhigh) (scraped on 2020-04-04_Sat_14.56h):
Estimating Finex's weekly volume at around BTC134k so about BTC6,968k/yr traded on finex. At ~ 0.25%fee on each trade Finex makes BTC17.5k/yr in fees. Depending how much BTC they held, and how much they have in assets, probably the best thing would be to try to run it as a fractional reserve with 50% in finexcoins.
Didn't Cryptsy try running a fractional reserve after they got hacked? It kept them afloat for a bit, but as people stop trading there it wasn't sustainable, then they upped the withdrawal fees, to try to keep the money on the exchange, then the eventually just took what was left of everybody's coins fled the country.
If you have ANY coins at all left stuck on BitFinex I would say you will be lucky fortunate to get them back.