All posts made by esse83 in Bitcointalk.org's Wall Observer thread
1.
Post 2244772 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.00h):
btc like gold is the new fear index
1hour before new york stock exchange opens
2.
Post 2529465 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.06h):
This is the perfect time for the "manipulator" to dump like crazy and buy back as price more than likely rise quite a bit when the US wakes up. Let see how far - if he does it - he can push the price down.
3.
Post 3995917 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.39h):
4.
Post 4031600 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.42h):
It's not gonna happen, 3rd party processors are forbidden. At best they will end up in jail
“That’s where the problem showed up. If we’re not allowed to deal with third party payment companies then they can’t take deposits for us on behalf of customers, and then we have this catch-22 where we can no longer operate our bitcoin exchange as before,” Lee said.
At least he admits btcchina is finished, another third party payment company makes no sense at all.
5.
Post 4105212 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.45h):
The BitCoin price is stabilizing isn't it?
Dec 12-16 also looked like it was 'stabilizing'.
From the end of November it looks like: Stabilize to 1100 - Dump. Stabilize to 900 - Dump.
Now it's stabilizing at around 600, I wonder what's gonna happen next?
Dunno, but why ignore the fact that dumps were fueled by panic news from china and now there isnt any?
If after the chinese year year third party payment services have to stop all relationships to btc exchanges, then that would include withdrawals as well, right? Not sure that is something great to look forward to.
6.
Post 4111313 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.45h):
wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.
pretty cool for btc.
also he more or less admitting to running silk road must mean his case is extremely weak.
Yeah, his case is not looking solid.
7.
Post 4111439 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.45h):
next top 800
next bottom 300
consolidation @ 500
next top 8000
next bottom 3000
consolidation @ 5000
Merry christmas
8.
Post 4111569 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.45h):
price is moving!
Ding Ding Ding.. 706$
9.
Post 4314293 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_11.50h):
https://twitter.com/bitpayBitPay @bitpay 2m
FAKE Report - BitPay has not been hacked. We reserve all legal rights for those responsibl
10.
Post 4800237 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.00h):
Positive start
Pointing out that banks are too slow and virtual currency might be a solution to that.
11.
Post 4807666 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.00h):
Wondering about that 0.1 bot at gox?
http://www.reddit.com/r/BitcoinMarkets/comments/1vkp9o/daily_discussion_sunday_january_19_2014/cetk51bMost likely the volume is fake all over the place to keep the business afloat.
12.
Post 4843499 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.01h):
That bot is decreasing the difference between buy and sell amount by 0.001 each trade, currently its at 0.140 difference.. perhaps 140 trades left before it stops?
13.
Post 4843585 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.01h):
BTC China has given over 3.1m RMB to market makers
Until 15th February, company is giving 1,000 RMB ($165) to one maker and one taker every time the amount rebated to makers exceeds 100,000 RMB.
“The prizes go to the maker and the taker who push the rebate threshold over the next 100,000 mark. We have already given out over 3m RMB in rebates and given prizes to 62 winners,” Lee explained.
So bot activity explained?
14.
Post 4917064 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
Yeah man it's game over. Putin is going to invade a sovereign EU and NATO member state to shut down BTC-e and enforce Russian law because Russian law is the only law.
Tanks rolling through the streets of Sofia as they zero in on the building hosting BTC-e servers is going to be box office gold.
The article is probably bs, but where is the proof that btc-e is located in bulgaria?
15.
Post 4917419 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
16.
Post 4917464 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
So you're saying they're based in Russia?
Why would I claim that without a credible source to back it up?
17.
Post 4918271 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
Cyprus. Cyprus. Cyprus.
http://i.imgur.com/GqP3s8m.pngCyprus. Cyprus. Cyprus.
18.
Post 4919018 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
Dow declining hard today -1.87% -2.08%
Big question mark is, what will happen to bitcoin when the Dow plunges!
19.
Post 4920611 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
For those who read this, move your funds out of btc-e for now. Don't be the sucker who is crying later on. Oh it's down.. well better pray it will be back then.
EDIT: Back online, move it out now. What you got to lose?
20.
Post 4920840 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
btc-e is instant for me
Glad to hear it
Now you can relax and wait for the storm to pass.
21.
Post 4940052 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
Anyone noticed the strange under market price sales @ gox? Sales show both at bitcoinwisom and clarkmoody.
Gox:
23:13:37 921.20000 0.8606
23:13:37 921.90504 0.5000
23:13:37 921.91005 0.0100
23:13:37 922.00000 0.5335
23:12:24 922.00000 0.4000
23:12:10 901.03210 2.0000
23:12:10 906.00000 1.0000
23:12:10 906.02000 0.5519
23:11:46 922.00000 0.0510
22.
Post 4940578 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
anyone see whats going on in regards to Gox, twice I've seen it touch 900? Are the fake walls being pulled that quickly.. 905-915 2000+ coins for sale in that range are just being pulled and replaced.
lol seems like I was the slowest to type this question out. Interesting times for gox.. very interesting.
Perhaps a little glitch in the system showing us the real bids.. if they were going under why not do whatever it takes to give the impression that all is well. Guess we will never know.
23.
Post 4940624 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.02h):
I sent a mail to Gox support about 45mins ago asking to get the funds that were stuck in limbo put back in my account... and now they're back there! I'd asked the support guy on irc to do it a few days back and he said not possible. Not sure, maybe I was a lot more polite this time
Not really sure what to make of this, I know everyone is sick of hearing gox sux stories but this was a nano step in the right direction. I hope (although not kidding myself on) this is a sign of them actually seriously trying to get their act together.. which begs the question...
if Gox somehow got everything sorted (lets for argument sake say midnight tomorrow), everybody got their BTC back in their wallets, month old fiat transfers appeared into our bank accounts everything was the way it should... would that restore faith in the magic exchange? or is the blemish too big now? can they ever regain trust of those who have left?
You got what they claim is bitcoin back.. thats all. It's just a number they add to ur account, how hard can that be.
24.
Post 5967592 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.30h):
You know the amount of time it takes to move new money to bitstamp.
You know when the price moved down.
You can expect new money to be attracted to the sale on bitcoins at bitstamp and when.
Bitcoin has been going down for months. Every time we crash i hear the same story how cheap coins will attract new people. Where are these people?
Locked in on Gox and, for most of them, permanently out of the game. Most people underestimate the Gox debacle had and will have on bitcoin in the future. Lots of money was lost there, putting people permanently out of the game. Gox was one of the major, if not the major propellant upwards. With that money out of the game and not supporting the high price anymore, the price is set to go a lot lower than 500.
Bitcoiners seems almost unable to grasp that very simple fact. MtGox historically was the aggressive price leader either down or up. The leader is gone and with it a ton of liquidity is dead in the water. The question is not why the price is not going up, but instead, why should it go up. If China bans banks from dealing with exchanges then another huge chunk of liquidity is removed, yet again. Time to deal a bit more with reality instead of acting like a big questionmark when you see the price falling.
25.
Post 6245099 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.38h):
26.
Post 6262304 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.38h):
https://www.okcoin.com/t-1008417.htmlOKCoin will suspend construction of the bank card business and plans to suspend construction progress announcement OKCoin bank card business and plan progress Announcement Dear OKcoin users : This afternoon around 15:50 , OKCoin Branch received a phone call to the Construction Bank: the higher authorities should be required CCB will be suspended for the OKCoin provide services. Subsequently, we conducted in-depth communication with the bank immediately after issuing this Announcement . Communication with the bank details are as follows : (1) the branch of China Construction Bank to receive notice of the higher authorities , the suspension is OKCoin branch of service on the ground , requiring at 16:00 pm on April 18 off households. 2 This notice is oral notice , Branch not received any written document . 3 user banks Katy is not affected. 4 other banks recharge unaffected. Details about the bank card recharge pause : OKCoin be 10:00 am on April 18 officially stopped using the account recharge Branch of China Construction Bank to other banks temporarily affected, users mention now everything is normal , there will be the first news OKCoin time release. OKCoin as Bitcoin investor attention and trust of the professional trading platform, we have been proactive response program to prepare all kinds of emergencies , as far as possible to protect the interests of investors affected. We know that this notice is issued, the parties will have been severely criticized ; But as a platform , we can only be impartial , timely and efficient . We all know that domestic policy adjustments Bitcoin market will certainly have an impact , but we also know that Bitcoin is a prairie in the world , and today we are " a bit of people ." Currently emergency plan follows the progress : 1, OKCoin are communicating with more financial institutions , to build more recharge channels. 2 , recharge code Bye recharge service agents will soon be published . 3, OKCoin overseas operations teams are helping to complete the construction technology overseas stations. OKCoin together bits of marine launched " Bitcoin vending machines ' upcoming production .
27.
Post 6262781 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.38h):
http://www.huobi.com/news/index.php?a=show_notice&id=324Notice of suspension of bank recharge fire coins network approach
Time: 2014-04-17 17:16:40 Source: Fire coins Network
Dear fire coins network users:
16:15 this afternoon received a branch of China Construction Bank on land client manager notification requirements should be higher line, CCB will suspend the provision of services for fire gold coins into the network. Due to the current banking policy uncertainties, we have decided to suspend the bank recharge this way (withdrawals are not affected), to be determined before making policy adjustments. Users can use the recharge >card, prepaid card supports all major banks, 7 * 24 hours a timely arrival.
Fire coins Network Operations 2014.04.17
28.
Post 6580627 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.43h):
Choice FUD4U: Without Emptygox artificially inflating the price by disallowing SWIFT withdrawals (as happened since April 2013) and thus dragging up all the other markets thanks to its former market leader role, will it be as easy?
He played a much larger role in the april and the latest bullrun than any of you people know. Now you will see what the market price is without a desperat clown trying to recover his missing coins.
29.
Post 6965398 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.47h):
Is this quick and hard dump is caused by some news I'm not aware of ?
Just some profit takers. It is a bullish indicator if anything
Big dumps are not bullish.
Everything in Bitcoin is bullish. Stop spreading FUD!!!
30.
Post 7259314 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.52h):
what is happening at bitstamp is very fishy.
Didn't you think the KYC was fishy enough? These are the signs of an exchange in trouble. It has happened before, and will likely happen again. You have all been through it before, but can you act on it? Time will tell. My coins have left stamp for now.
31.
Post 7259455 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.52h):
Cheap coins for everybody!
EDIT: Only Bitstamp
EDIT: Only StampCoins (you know..like goxcoins..)
32.
Post 7259565 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.52h):
Early signs of other exchanges ignoring and becoming disconnected from stamp as they know that there is irrationality (read: inside trading) going on.
33.
Post 7259607 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.52h):
why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...
Then you need to open your eyes. Please try to make sense of how this is actually just normal. Remember how gox had the most irrational trading going on the last month before it closed? Well, it might not be the case, but do you want to keep your coins there?
34.
Post 7423993 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.54h):
I should have listened to JorgeStolfi and mmitech instead of writing huge amounts of pointless nonsense in the last weeks.
Coming from a guy with 2 posts.
35.
Post 7662870 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.57h):
Our only hope now is Willy and Markus. Pumps and bubbles are not the same without those guys :\ Thank God for Mark Karpeles inhouse bots that made many people rich and put btc on the global scene.
Lets pray for their return. Bitstamp looking at you.
36.
Post 7694840 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_12.57h):
is this similar sort of price movement compared to post November bubble? cos for someone who hasnt been through a bubble its god damn nerve wrecking thinking "shit is it guna flop?".
Well it's a bit different cause there was no big crash like when silkroad closed. November was my first bubble, and I started feeling really bored. Then price started to go up. Few dollars each day. Then like 10 bucks per day, and I was thinking 'holy shee!'.
Then came a week when everyday I woke up to a new 3 digit level.
It's the best feeling ever.
I know this feel.
wow that must feel amazing! i bet you lept out of bed every morning the second you knew you were awake, like i mean standing before you opened your eyes, to run and check the price lol (or just grab your smart phone if ya had one at the time) lol i know i would, not sure if i could sleep actually if that started happening. daily life would revolve around watching btc rise. who needs showers when your making a fortune sitting on the couch in your
thong spider man briefs boxers.
lol
edit: break 655 tonight?
Orchestrated by gox inhouse bots
Read the willyreport. Can't refute facts.
edit: Break 655 tonight? LOL you need to stay away from trading.
37.
Post 8066625 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
2014, the year of bitcoin they said. It's good to see some of the (former?) delusional minds in this thread having a change of heart
Welcome back to sanity guys.
38.
Post 8066812 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
2014, the year of bitcoin they said. It's good to see some of the (former?) delusional minds in this thread having a change of heart
Welcome back to sanity guys.
Ermmm maybe if the only measure you are looking at is price, and you are looking in the past 24 hours... in almost every other measure... this is (and will continue to be) the year of Bitcoin... plus it is July, I think you meant to post your post in January 2015.
I stand corrected, you are 100% right. Who cares about the price
Not many I would think! Dell accepts btc, awesome! Price drops. Good sign.
39.
Post 8073178 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
Let us see if 590 will be resistance. The support that has built up is obviously nonsense (duh). Good luck folks!
40.
Post 8073311 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
Let us see if 590 will be resistance. The support that has built up is obviously nonsense (duh). Good luck folks!
590 is now support, keep up.
The thin ask side and still the market decided to push through the heavy bid walls.. what do you make of that? Just beer trap?..why wouldn't the ask side then fill up (it never did) to give us the illusion of resistance like we see on the bid side?
41.
Post 8084180 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
So correction. Very manipulation.
And
BTC3k support at 570 is not?
42.
Post 8090040 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
Shill alert.
43.
Post 8091420 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
Seems like a lot of people here ignore the reality of what MtGox did. They created the price, and guess what? It was inflated for years through manipulation. Sorry.. but the truth is that btc is not worth that much. Over time you guys will see that. I find no joy in saying this, but its true.
Quote from the willy report.
Mt. Gox was always, always, the first mover. BTC China seemed to react within 1 or 2 minutes, sometimes leading to a higher proportional rise in price, sure, but it was NEVER the first mover. In my eyes, this means Mt. Gox and not BTC China was leading the market.
44.
Post 8091565 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
Seems like a lot of people here ignore the reality of what MtGox did. They created the price, and guess what? It was inflated for years through manipulation. Sorry.. but the truth is that btc is not worth that much. Over time you guys will see that. I find no joy in saying this, but its true.
Quote from the willy report.
Mt. Gox was always, always, the first mover. BTC China seemed to react within 1 or 2 minutes, sometimes leading to a higher proportional rise in price, sure, but it was NEVER the first mover. In my eyes, this means Mt. Gox and not BTC China was leading the market.
Hasn't the whole Willy theory been debunked before? I mean, there are so many good arguments against it. I'm no expert by all means, but those people familiar with the Willy theory say that it isn't Willy who led the Bitcoin price.
I have yet to see any good arguments against this report. The worst one was that it was somehow a private API that bought hundres of thousands of btc. They ran a ponzi scheme for years. Do you honestly think btc price would be in the hundreds if it was not for MtGox? The perception that bitcoin is this crazy train with bubbles was manifactured by MtGox. In reality it never was.
45.
Post 8091661 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
This is the latest update from the willy report, please read it.
I want to start off by saying I agree with a lot of the criticism on this article that’s appeared the Web; my conclusions were a bit too opinionated and perhaps exaggerated, and didn’t really fit the tone of the rest of the report, which was intended to be an objective account of my findings. I’ve corrected that with this update. Still, I stand by the most significant conclusion made: Willy was the cause for the November bubble. Sure, it didn’t do it all by itself, but it was the catalyst, and prevented price from coming down by effectively removing all selling pressure with its extremely constant buying (why market sell when you can place an ask order, and know it will be eaten into anyway?). In financial markets, sentiment is driven by price, much more so than the other way around. People see price skyrocketing, get euphoric, forget all the negative and assume the asset must be something absolutely amazing for people to place so much value in it (that, or they see an opportunity to “get rich quick”). It gets media attention, and sparks this whole positive feedback loop thing. A classic bubble in every way, really; but something has to light the fire, and subsequently prevent it from petering out.
Willy was the cause for the November bubble. So yeah, there it is.
46.
Post 8105855 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
oh man, bitcoin's price continues to bleed.. this is a long dry spell we've been in. i think the price is going to be more stabilized, so when we do have another bull-run, it won't go as high as it has done before.
What's the record for number of red daily candles in a row? I was looking back in time and had trouble finding a longer stretch.
Better call Guinness and tell them the happy news. Looks like record territory.
47.
Post 8106511 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
imaginary lines broken, nerves fried, fiat scared shitless, hodlers become dumpers, spectacular!
when the price falls
we remain!
when everyone looks for the exit
we remain!
Spoken like a true bagolder
48.
Post 8108060 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
Look at the bids running for the hills
49.
Post 8108208 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
I've been away for a while. What's with all the doom and gloom? Everyone seems petrified.
Everything is fine, just fine! You should not be here, but buying cheap coins my friend
Bitcoin will be at $10k at the end of the year, if not more! Trust me on this. I heard facebook is adding them, also amazon, ebay, google, etc. Everyone is crazy about btc. No way to lose! Oh, and Wall Street is coming with trillions. We should see amazing prices soon. Very soon! Dont be one of the weak hands shaken out. Stay strong! You won't regret it my dear pal. You won't.
50.
Post 8108899 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.01h):
What if Tim Draper is panic selling and the cause of this sell off.
His coins has not moved.
51.
Post 8109094 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.02h):
Yay manipulators, sell it down on all exchanges to < $200! Go for it! Completely destroy the bitcoin market entirely so no one comes back to crypto for years and years! Great job!
Funny how those mythical "manipulators" are only invoked on the way down, rarely on the way up.
Stop being a bear! Bittokoinoo is going to $10k by december, fool!
52.
Post 8125615 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.02h):
So now that all Silkroad coins have been liquidated, can we keep on choo choo'ing to da moon please?
Those 29K + coins did NOT liquidate, they are being held by one investment group. Liquidation is NOT the proper term in my understanding of the situation.
They have not moved.
53.
Post 8168049 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.02h):
Good news, it would only take the entire bid side canceling their bids and doing a market buy to get us back to ~680
Looking bullish. Whooping $7.7mill on bidside at stamp (19.86k btc).
54.
Post 8254664 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.03h):
Only 21000BTC left until we reach 6000$ on Bitstamp!!!!
15500BTC of them lay in front of 700$...
Only
BTC15k to $700!!! That's just 10Million dollars!! .. only a million more than what is on the bid side. My God this is bullish
55.
Post 8281235 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.03h):
And there goes the dump bot.
And that concludes todays pump&dump - congrats to all our new millionaires. Tune in tomorrow for another round.
56.
Post 8325185 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.04h):
2014 is the year of bitcoin!
Remember that?
I've got to hand it to the community, you guys did put on a good PR campaign. I'm glad I sold the last of my position a few days ago. If this is the year of bitcoin, I don't want to be part of it anymore
2014, the year of bitcoin they said. It's good to see some of the (former?) delusional minds in this thread having a change of heart
Welcome back to sanity guys.
57.
Post 8345139 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.04h):
MARGIN CAAAALLLLSSS!!!!!!!!
58.
Post 8345207 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.04h):
Cheap coins people!
Cheaper everyday it seems!
59.
Post 8345234 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.04h):
Where are the bulls? They all left this thread?
60.
Post 8345259 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.04h):
LOL@BITFINEX
And it's still going
61.
Post 8345399 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.04h):
The weakest hand is always the one whose long position is forcibly closed upon a certain price while neglecting to cut losses before that.
+1 Amen!
62.
Post 8347238 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.04h):
...and that dream of living in a van down by the river can be yours!
63.
Post 8350818 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.05h):
Solid 10$ bucks recovery. I think we´ll go to 5000$ by the end of the month!
I will say in analyzing these charts - most of the time.. it is always darkest before day break... usually see everyone running around screaming about the end of the world.. then
the same whales Willy, Markus and all the inhouse goxbots buy every single BTC and more back up... telling their friends about the low prices and whats that? everyone jumps on the pump train and we are 10x higher than where we started *sips coffee*
FTFY
64.
Post 8351346 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.05h):
wtf is happening.
why why why are you cashing out!
Well, if you care for my free analysis, guaranteed to be without any warranty: I suspect that the insider info that prompted a few people to buy in May20--Jun/10, lifting the price from 440$ all the way up to 640$, has turned into disappointment; so that those same people are unloading what they bought then.
If this theory is correct, I would expect the price to drop back to ~450$, but not much lower than that.
The "insider info" may have been indications that the big sale of Jed's XRP would happen, and the "disappointment" would then be the agreement that prevents Jed from selling for a coupld of years. The dates seem to match. But it could be many other things...
So insiders dumped XRP for Bitcoin which ignited a bullrun in May...? And now the reverse (or just staying in dollar - cant see the XRP chart atm)...Makes sense.
65.
Post 8415913 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.06h):
So everything from mid May onwards was a complete lie.
Yes.
66.
Post 8424157 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.06h):
So for people who wasn't here in 2011 when the price collapsed 97%.. Well this is your turn. Enjoy! Get out now, seriously. China is leaving, gox is gone (with the fake bots), adoption is at a negative rate. It's over for now folks. Perhaps it will find support in double digit area.
67.
Post 8424220 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.06h):
the thing is that BTC will probably survive and maybe even "change the world", but for now it might be just way overpriced at the eyes of traders investors and the masses.
Some people say "the blockchain is understructible", " long term fundamentals are too good", "amazing news lately", but that doesn't change the fact that maybe BTC needs a total "price reset", and it doesn't necessarily mean it will die.
Maybe China pumped and dumped too hard during the last bubble, maybe Markus and Willy (the bots) really had a big impact on BTC price, who the hell knows.
Well good news according to whom? The fact is that the majority of traders doesn't see bitcoin as a currency. So it's irrelevant. It's been in a bubble since 2013, now its finished. This is a normal market reaction to something that was vastly bloated in price and value. The truth is that there is no reason for people to use bitcoin to spend or own (except to make a quick buck).
68.
Post 8424291 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.06h):
the thing is that BTC will probably survive and maybe even "change the world", but for now it might be just way overpriced at the eyes of traders investors and the masses.
Some people say "the blockchain is understructible", " long term fundamentals are too good", "amazing news lately", but that doesn't change the fact that maybe BTC needs a total "price reset", and it doesn't necessarily mean it will die.
Maybe China pumped and dumped too hard during the last bubble, maybe Markus and Willy (the bots) really had a big impact on BTC price, who the hell knows.
Well good news according to whom? The fact is that the majority of traders doesn't see bitcoin as a currency. So it's irrelevant. It's been in a bubble since 2013, now its finished. This is a normal market reaction to something that was vastly bloated in price and value. The truth is that there is no reason for people to use bitcoin to spend or own (except to make a quick buck).
...
no there is much reasons...
look around
not everyone is privy to world reserve currency backed by team america world police
Where are these phantom creatures of the night of which you speak? You think bitcoin will make the world a better place for africans? Sorry bud, but its not like that in the real world.
69.
Post 8496614 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.08h):
Was that 1.1-1.2k a single sell btw? from a single person that is
yes
10:04:53 500 258.658
10:04:48 500 1275.51
70.
Post 8504324 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.08h):
kiss that $500 for now, I think that you wont see it for a long time.
but
BTC is the future of money
71.
Post 8544612 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.08h):
72.
Post 8575897 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
the fail of Gox makes me wonder if the last 3 bubbles were all driven by Gox, now that Gox has failed we didn't see any bubble, isn't possible that Mark artificially pumped the price ?
Edit: this means that he was out of money for a long time, so he decided to add Litecoin as a new source of money... everything is possible
I have been claiming this for a long time now. Just read the willy report and it all makes sense. He pretty much ran a ponzi scheme with bitcoin to keep his business afloat. As with all ponzi schemes it comes to an end. What we are seeing is the slow bleeding out and return to normal (less than $100). No more bubbles, and that last one i april/may was just old money pumping and then dumping for a 100% retracement. With Gox that would never have happened. Let's ponder that fact.
73.
Post 8575902 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
Hal died this morning. He may come back to life once they know what to do with cyogentically frozen people, but until then....
One of the "founding" fathers of bitcoin gone.
74.
Post 8576070 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
Bfx and Stamp: buy or keep running away? You are almost in a corner already.
Make up your mind.
Trust me, it's down. These walls are not fake, they really want to sell them at this price. Contemplate that for a moment.
75.
Post 8576089 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
the fail of Gox makes me wonder if the last 3 bubbles were all driven by Gox, now that Gox has failed we didn't see any bubble, isn't possible that Mark artificially pumped the price ?
Edit: this means that he was out of money for a long time, so he decided to add Litecoin as a new source of money... everything is possible
Yes, this is what the willy bot did.. spent hundreds of millions of dollars, that didnt exist, to artificially inflate the price, to buy real bitcoins.
Then, they became insolvent. Where are the bitcoins? Who knows..
There was no bitcoins, the cyber police of Japan found 27k missing btc. That's it. It was all fake numbers. And also, the 200k btc found was actually Marks personal coins. So back in 2011 when he did the solvency proof he didn't have 400k+ btc from customers, but actually only 200k+.
76.
Post 8576397 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
Maybe the Winklevoss twins are selling because they know the ETF will not be approved?
Maybe this or maybe that, who cares. The price will keep going down for the rest of the year.
77.
Post 8585124 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
I think it's obvious why I just went to this thread... the ask wall! What are the most probable explanations? Adam just mentioned we don't seem to know the reason? And why is the bid wall fake and the ask wall isn't? Has it been put up in order to counter that big ask wall?
The bid wall has followed the ask wall within 5usd all the way from $515 down to $500 now.
The ask wall originally appeared fake, but about a third has sold and it's still there. You can watch the bid wall flee every time the price drops, and move up as it rises. A serious buyer would not do this.
It's possible the bid wall is there on order to entice buyers to eat the ask wall.
Regardless, the ask walls on bitfenix, okcoin, and bit stamp total about $2m USD, so even if all of it is eaten... That's a lot of the current buying power gone. Rocket seems unlikely.
Yeah, could be the same guy behind both the ask and bid wall. Guess we will know if the bid wall disappears after his coins have been bought.
78.
Post 8606482 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
wtf btc-e
79.
Post 8610388 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
well i am out...good luck
Come back! I need you to buy my cheap coins
80.
Post 8610548 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
i hope you get your cheap coins @ 450 or 430 or 390...problem from down there there is no rush recovery...only enthusiats are still buying...
if people would really believe that gabi has an incredible impact the price would be much higher, or do you think they want to buy AFTER gabi puts in their 200mil?
Exactly, good news has been priced in long time ago. If not then the market acts in a unique and irrational way.
81.
Post 8610783 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
i hope you get your cheap coins @ 450 or 430 or 390...problem from down there there is no rush recovery...only enthusiats are still buying...
if people would really believe that gabi has an incredible impact the price would be much higher, or do you think they want to buy AFTER gabi puts in their 200mil?
Exactly, good news has been priced in long time ago. If not then the market acts in a unique and irrational way.
When did it actually become public that they're starting or when did they reveal their plans? I mean, since when do you guys believe this is being priced in by people? Any guesses or approximations, people?
Because a bunch of kids have thrown all of their life savings (worth 50$ each) into bitcoin, they are under the impression that it's all priced in...
The fact that GABI said they were going to buy BTC starting in September worth 200m$... How the hell could that be priced in if they didn't bought them yet??
That is the most stupid thing to say. So either they lied and bought in August, or IT IS NOT PRICED IN. You cannot "price in" the actual buying of BTC, only rumours or news could be priced-in, and I have serious doubt that those things even apply to Bitcoin.
You remember when GOX announced they would add LTC? The market (ltc) went on a tear trying to price in the future price for such an event. So yeah, thats how a sound rational market acts (they certainly might overshoot). If traders expect the value to increase immensely then price goes up, right? The reason the market has not really reacted to the GABI news is that it makes no sense to announce that they will buy for hundreds of millions BEFORE they actually do it. Why would they want to buy btc at an inflated level? So there you go. Market has considered this and judged it as unlikely. Thus the price doesn't care.
82.
Post 8619840 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
83.
Post 8619994 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
I'd be more worried if it was android and visa.
Well perhaps, but happy to be all fiat atm. This decline will continue and might accelerate with news about Apple working with Visa, Mastercard and American express to create a mobile wallet.
84.
Post 8621103 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
Seems solid, def. future of currency.
85.
Post 8621114 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.09h):
Looks like a lot good news today - I wonder if it will stop the down trend.
What good news? Openbazaar and nude pics of Jennifer Lawrence?
86.
Post 8629686 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.10h):
If this doesn't convince you, I really don't know what will...
You can't reduce the function and meaning to whatever is representing just that. Handshake is just two hands connecting in a certain way, but we add meaning to it do we not? What if I reduced that to nerves, muscles, fat, movement, etc and told you thats all there is to it! It's pointless! It carries no meaning at all. Let's take a statue, just a rock with a certain form, but still just rock! Meaningless!
Obviously you would disagree and explain to me that there is more to it than that! See your folly? Now stop with the nonsense.
Hell I could add bitcoin to that nonsense, meaningless ones and zeroes, its just electrons!
Social properties have an irreducible character.
87.
Post 8629829 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.10h):
That's the essence of human biodiversity. One can give whatever meaning he likes to a gesture and there's absolutely no problem what the other one thought what that gesture was. Same with signs, books, even money! It's all a matter of perspective. Keep your fiat. I'll stick with my BTCs. We'll meet at the end of the hall. I assure you we will leave with the same profit when the game ends.
So you agree with me
Ok, happy that you changed your mind. You can't reduce money to just paper (or whatever is representing it).
88.
Post 8629948 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.10h):
That's the essence of human biodiversity. One can give whatever meaning he likes to a gesture and there's absolutely no problem what the other one thought what that gesture was. Same with signs, books, even money! It's all a matter of perspective. Keep your fiat. I'll stick with my BTCs. We'll meet at the end of the hall. I assure you we will leave with the same profit when the game ends.
So you agree with me
Ok, happy that you changed your mind. You can't reduce money to just paper (or whatever is representing it).
But of course I agree with you. That's because you're smarter than most of us here and you're choosing fiat over BTCs. What else could I do?
Nice sarcastic rebuttal about something completely different. Folly yet again. Stick to the topic young silly one.
89.
Post 8630120 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.10h):
Many people here are invested into bitcoins and always try to find excuses and wild theories why the BTCUSD exchange rate should be higher.
Let's not forget that the only reason people trade is to make profit. And right now this is not on the LONG side. It's that simple.
At least the short and mid term trends are fully DOWN and it's a bear market until it breaks the resistances we monitor.
Thank god for a voice of reason in here. So rare. Always wondered why hodlers hang out in speculation.. makes no sense. What do they care, they will never participate in price discovery.
90.
Post 8674631 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.10h):
Looking strong, very strong!
91.
Post 8678008 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.10h):
I don't think anybody is in the mood to borrow fiat and go long just yet, and the ones borrowing bitcoin to short better have a trick up their sleeve because it doesn't look like it will turn out well for them.
oh there getting squeezed right now, it just hasn't turned into a full blown panic yet.
8,700 coins to $700 on Bitfinex
about 20k coins short of the $30m longs we had before the price drop
about 6.5k shorts more than on 14th August when price was $512
things could get interesting on Bitfinex
Probably most at bitfinex is bs.. but you know, believe what u want.
"Also questionable is the founder, Raphael Nicolle, himself. Fortunately, this is not another attempt at an anonymously run financial service; Nicolle has provided a LinkedIn profile which confirms his involvement in BitFinex, and has plans to register the company when they settle on the best jurisdiction to locate their service. However, he was also involved in the Bitcoin investment scheme craze that had reached its peak in the Bitcoin community this summer, strongly supporting the (then only suspected) Bitcoin Ponzi scheme operator Pirateat40 in August, stating “now that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.” He even tried to open a 2%-per-week investment scheme of his own in September. "
Thats the owner of bitfinex btw. Yep, let's trust the numbers over there
92.
Post 8725914 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
Markets are just adjusting to the kiss of death from Apple tomorrow.
93.
Post 8733115 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.
94.
Post 8733307 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.
No, they are adding support for a new currency. The conversion from one currency to the other, when involve BTC, will go through coinbase. That's all.
Yeah, what's the difference from newegg adding it? When I buy something using Braintree bitcoin is sold on coinbase, fiat is then sent to Braintree and then finally Braintree sends this money to the merchant. Sounds revolutionary.
95.
Post 8734677 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
96.
Post 8734827 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
1. Ease of use, fees, privacy, security, avoiding international restrictions, crossing jurisdictions, avoiding fiat exchange rates when purchasing from overseas, etc. etc.
2. Definitely, categorically and unequivocally.
I think I just got proxy trollfied. Please ignore Jorge. He's only here to waste people's time and to try to scare away noobs.
1. Well all of those things are negated because you have to deal with the banking system in the first place to get bitcoin. Actually, I would think it would be more expensive for consumers to purchase something because of the fees at the bank and coinbase.
2. Ok.. reasons would be much appreciated though.
Jorge strikes me as an intelligent guy. Scare away noobs? Why would he waste his time on that. An accomplished CS professor investing time to scare noobs.. cmon.
97.
Post 8735037 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
1. Ease of use, fees, privacy, security, avoiding international restrictions, crossing jurisdictions, avoiding fiat exchange rates when purchasing from overseas, etc. etc.
2. Definitely, categorically and unequivocally.
I think I just got proxy trollfied. Please ignore Jorge. He's only here to waste people's time and to try to scare away noobs.
1. Don't forget the discounts! (which will be more and more widespread as the companies avoid the ridiculous credit card fees).
2. And reasons for 2? To keep the same investment level you had before. Note that not everyone needs to do this for my argument to hold (just some). The same is true for point 1
So I would have to pay 2x the price to buy something?... Why not just use fiat (keep my bitcoins) and skip that reinvestment step. I'm not seeing much a killer argument for why anyone would use coinbase to buy stuff.
98.
Post 8735166 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
1. Ease of use, fees, privacy, security, avoiding international restrictions, crossing jurisdictions, avoiding fiat exchange rates when purchasing from overseas, etc. etc.
2. Definitely, categorically and unequivocally.
I think I just got proxy trollfied. Please ignore Jorge. He's only here to waste people's time and to try to scare away noobs.
1. Don't forget the discounts! (which will be more and more widespread as the companies avoid the ridiculous credit card fees).
2. And reasons for 2? To keep the same investment level you had before. Note that not everyone needs to do this for my argument to hold (just some). The same is true for point 1
So I would have to pay 2x the price to buy something?... Why not just use fiat and skip that reinvestment step. I'm not seeing much a killer argument for why anyone would use coinbase to buy stuff.
Let's say you are an investor and have 50 BTC. Then if you spend a Bitcoin to buy something with all the benefits of Bitcoin (discussed above) you replace your Bitcoin buy purchasing a fresh one with fiat so your investment level stays the same. If you think this means paying twice the purchasing price I suggest you start using that thing in your head (either by making a fresh cup of coffee or turning in and taking another look in the morning, depending on your timezone).
I'm confused, I use 1 btc (that I bought at coinbase) to buy whatever, then I have to rebuy that 1 btc (at coinbase) to keep my investment level intact. So what did I misunderstand? Too late in the evening for coffee. Sounds like I have to use 2x the fiat amount to buy something I could have with 1x the fiat amount. Please correct me, and Im terribly sorry If Im wrong.
99.
Post 8735344 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
1. Ease of use, fees, privacy, security, avoiding international restrictions, crossing jurisdictions, avoiding fiat exchange rates when purchasing from overseas, etc. etc.
2. Definitely, categorically and unequivocally.
I think I just got proxy trollfied. Please ignore Jorge. He's only here to waste people's time and to try to scare away noobs.
1. Don't forget the discounts! (which will be more and more widespread as the companies avoid the ridiculous credit card fees).
2. And reasons for 2? To keep the same investment level you had before. Note that not everyone needs to do this for my argument to hold (just some). The same is true for point 1
So I would have to pay 2x the price to buy something?... Why not just use fiat and skip that reinvestment step. I'm not seeing much a killer argument for why anyone would use coinbase to buy stuff.
Let's say you are an investor and have 50 BTC. Then if you spend a Bitcoin to buy something with all the benefits of Bitcoin (discussed above) you replace your Bitcoin buy purchasing a fresh one with fiat so your investment level stays the same. If you think this means paying twice the purchasing price I suggest you start using that thing in your head (either by making a fresh cup of coffee or turning in and taking another look in the morning, depending on your timezone).
I'm confused, I use 1 btc (that I bought at coinbase) to buy whatever, then I have to rebuy that 1 btc (at coinbase) to keep my investment level intact. So what did I misunderstand? Too late in the evening for coffee. Sounds like I have to use 2x the fiat amount to buy something I could have with 1x the fiat amount. Please correct me, and Im terribly sorry If Im wrong.
1. No one time. You have 50 BTC invested.
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
But what about consumers who are not investors and just want to use coinbase to buy something? Would they be better off from a one time purchase using bitcoin in that case. I guess that is my question. If the threshold for consumers (to get an advantage) is to become investors of a large amount of bitcoin, well it seems a bit harsh, no?
100.
Post 8735599 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
1. Ease of use, fees, privacy, security, avoiding international restrictions, crossing jurisdictions, avoiding fiat exchange rates when purchasing from overseas, etc. etc.
2. Definitely, categorically and unequivocally.
I think I just got proxy trollfied. Please ignore Jorge. He's only here to waste people's time and to try to scare away noobs.
1. Don't forget the discounts! (which will be more and more widespread as the companies avoid the ridiculous credit card fees).
2. And reasons for 2? To keep the same investment level you had before. Note that not everyone needs to do this for my argument to hold (just some). The same is true for point 1
So I would have to pay 2x the price to buy something?... Why not just use fiat and skip that reinvestment step. I'm not seeing much a killer argument for why anyone would use coinbase to buy stuff.
Let's say you are an investor and have 50 BTC. Then if you spend a Bitcoin to buy something with all the benefits of Bitcoin (discussed above) you replace your Bitcoin buy purchasing a fresh one with fiat so your investment level stays the same. If you think this means paying twice the purchasing price I suggest you start using that thing in your head (either by making a fresh cup of coffee or turning in and taking another look in the morning, depending on your timezone).
I'm confused, I use 1 btc (that I bought at coinbase) to buy whatever, then I have to rebuy that 1 btc (at coinbase) to keep my investment level intact. So what did I misunderstand? Too late in the evening for coffee. Sounds like I have to use 2x the fiat amount to buy something I could have with 1x the fiat amount. Please correct me, and Im terribly sorry If Im wrong.
1. No one time. You have 50 BTC invested.
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
But what about consumers who are not investors and just want to use coinbase to buy something? Would they be better off from a one time purchase using bitcoin in that case. I guess that is my question. If the threshold for consumers (to get an advantage) is to become investors of a large amount of bitcoin, well it seems a bit harsh, no?
Those would fall under the first category in my original post. You were asking about the second category. Please re-read and if you still don't get it I'll explain.
I thought I was just asking if it was an advantage for regular consumers to use coinbase to purchase items, but ok. Do you think there is an advantage to a first timer to use coinbase to buy btc to purchase an item? And wherein does the advantage lie for that sector of buyers.
101.
Post 8748395 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.11h):
102.
Post 8793165 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.12h):
Does anyone have the link to the video where Mark Karpeles is sitting on a bouncy ball giving an interview to a reporter?
thanks
https://www.youtube.com/watch?feature=player_embedded&v=LLjlOw3TVc8#t=79
103.
Post 8815925 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.12h):
What is the current explanation for the July 2013 drop?
Markus sold 31k BTC on June 2nd which marks the start of the drop from ~$130 to ~$60.
Markus also sells every now and then, and for some reason the price values are correct this case. His biggest sell occurred on June 2nd
Not sure what explains the rest of the downtrend, but this likely ignited it.
EDIT: perhaps this sheds some light on the continued downtrend.
From May 2013 they became less active (to the point of insignificance for price movement), buying smaller amounts until July or so, when they start selling more than buying.
104.
Post 8849909 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
$10k before christmas
I have all my money tied up in bitcoin so if it crashes u guys can find me in a van down by the river.
105.
Post 8850042 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
Damn, how many times I got to tell you guys?
The only reason price is still down at this level is because wall street is manipulating the market in one last ditch effort to buy cheap coins. Once they've had enough, they will allow natural organic growth to $1,000 and probably much higher.
Yes. This.
The same people that want to keep the price low will eventually want to pump it up. I am just surprised how patient they are and how long they have kept the price low.
They know that the longer they keep the price low, the more "weak hands" they can shake and get the price even lower. I'm optimistic, but in the short term I suspect we'll go lower still. Really, it's in the hands of our Wall Street overlords.
When they want it to go up again, it will be epic.
Wall Street doesn't give a fuck about btc, over there it is a joke and looked down upon. If u even mention bitcoin they all laugh and point at you. Dogecoin they respect though, Warren buffet loves memecoins.
106.
Post 8850489 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
Wall Street doesn't give a fuck about btc, over there it is a joke and looked down upon. If u even mention bitcoin they all laugh and point at you. Dogecoin they respect though, Warren buffet loves memecoins.
First they laugh at you, then they fight you, then they join you
Wise words from Madiba Nelson Mandela, and very true.
Gandhi..
107.
Post 8850575 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
oh cares!
cut your looses!!!
Never!!! I will live proudly in that van down by the river Adam! You will live there with me you permabull!
You can learn to become an expert fisher. That way we wont starve and could make a living. You down?
108.
Post 8850835 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
That is actually bad, surprised to read authentic bad news for bitcoin.. it's been so long. The markets if they actually were mature and filled with premium traders would react instantly to this. But as it is that's not the case
109.
Post 8865200 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
10k $ Bitcoin when?
By christmas... oh wait thought u said $10
110.
Post 8865284 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
Did you short Adam? If so you must be having a blast watching this come down. What u think is the reason? I think gox being gone with the pump fakebots is the true cause.
111.
Post 8865318 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
Did you short Adam? If so you must be having a blast watching this come down. What u think is the reason? I think gox being gone with the pump fakebots is the true cause.
too much supply without enough demand.
Thats another description of what I just said. The demand for coins at that price level was never real in the first place. Now we return back to where bitcoin truly belongs.
112.
Post 8865324 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
Did you short Adam? If so you must be having a blast watching this come down. What u think is the reason? I think gox being gone with the pump fakebots is the true cause.
lol are you nuts!?
So you are in pain watching this? Sorry to hear that.
113.
Post 8865398 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
!! Why are people selling? Oh well, I'll keep buying!! In less than a year, I'm going to be rich!
Can't tell if trolling... or just stupid...
The latter, both him and podyx will be facing reality soon. I hope.. or else they will be dead broke.
114.
Post 8871315 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
Dump gold & dump btc on every opportunity. Trend is your friend these days.
now the btc price is so deep down i am starting to feel i should buy more. my average entry is at $ 140, i got some gold i could sell, which would buy more than 50 btc right now.
gold will not explode, but it will also not implode. bitcoin, on the other hand....
should i sell the gold?
Yes and also sell your house. I will wait until 1st of january 2015 to decide if I should buy or continue to stay away.
115.
Post 8876300 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
$4.96 mill on bidside at stamp.. lol - Mentally prepare urself for the big crunch.
116.
Post 8876573 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
PANIC IN CHINAAAA
117.
Post 8877078 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.13h):
Goods news is that gox victims can soon buy back all their coins
118.
Post 8878667 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
BOOOOOOOM
119.
Post 8880888 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
If people think btc is not a pump & dump.. well you need to watch more Dr. Phil or something! Jeez.
Fucking insane asylum haha. Love it.
120.
Post 8881318 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Market in full trolling mode
So much fun!
The lower the price the closer we get to the crazy days of early bitcoin. In other words, casino fun!
121.
Post 8881752 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Wanna see something skarie?
Looks bullish
122.
Post 8881839 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Feel so sorry for those buying now
wish they understood elementary TA. That shit actually works..
123.
Post 8881881 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Feel so sorry for those buying now
wish they understood elementary TA.
That shit actually works.. like a broken clockJust watch and learn my friend
124.
Post 8881901 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Feel so sorry for those buying now
wish they understood elementary TA. That shit actually works..
No need for TA to see where we're going.
I know, it's obvious at this point.
125.
Post 8882005 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
The last time the price was at this level, there were:
BFX/Bitstamp only
16m USD in bids
37k BTC in asks
Today:
13m USD in bids
41k BTC in asks
Pretty bleak imo.
Has BFX ever been audited?
Somewhat I guess.. but actually the owner of bitfinex proposed a similar deal that pirateat40 had going on
He was also a HUGE supporter of him.
"However, he was also involved in the Bitcoin investment scheme craze that had reached its peak in the Bitcoin community this summer, strongly supporting the (then only suspected) Bitcoin Ponzi scheme operator Pirateat40 in August, stating “now that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.” He even tried to open a 2%-per-week investment scheme of his own in September."
http://bitcoinmagazine.com/2830/bitfinex-bitcoinica-rises-from-the-grave/
126.
Post 8882044 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Feel so sorry for those buying now
wish they understood elementary TA.
That shit actually works.. like a broken clocklol
and yeah keep feeling sorry for everyone who doesn't want to believe you have to make a fortune overnight trading as if you were some fiber optic driven algo trading bot.
You will see that I was right.. not sure what that rest was about HFT.. I just used common sense when trading. Sorry if it turned out to be right.
127.
Post 8882273 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Feel so sorry for those buying now
wish they understood elementary TA.
That shit actually works.. like a broken clocklol
and yeah keep feeling sorry for everyone who doesn't want to believe you have to make a fortune overnight trading as if you were some fiber optic driven algo trading bot.
You will see that I was right.. not sure what that rest was about HFT.. I just used common sense when trading. Sorry if it turned out to be right.
If you want to talk that game be like Tera, and some others..who have posted the screen shots of their order books, before and after getting filled.. its easy to talk, prove it if you like.
If I missed something you're calling this a bull trap and we've yet to bottom out.. and where is the bottom in your opinion... I'd be interested in seeing 330 get tested what kind crazy volume would occur.. but I've been procrastinating on buying more for a while and today I couldn't resist mind you I decided to buy yesterday
lol all this panic and here I am thinking about how much to deposit at the bank tomorrow
Not to say that you can't make money trading it's just not how I plan to do it currently. To infer common sense would be enough to analyze the trends of this market would be silly on top of everything else.
Never pressented orderbook which seems pointless when facts are starying you in the face. Wouldnt make much differeance to ppl anyways. I'm not presenting myself as great trader, but some of this shit was obvious.. Did you actually think btc would go to a new ATH... btw if u want me to post it I will do it tomorrow (gf screaming at me to get to bed).
Happy tading
128.
Post 8882500 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
@esse83
I'm a little lost by the time frame of the trade info. Have you just been sitting fiat since then? and don't plan to re-enter yet.
Pretty much. I'm kinda just hanging around until it turns around and presents us an uptrend.. Guess I am conservative. But what Im seeing is not great. So I stay outside until I find an entereance. I wish ever trader luck. I might be wrong about the bottom, but at least I feel confident as an trader when an authentic turnaround comes around. Thats when I get back in
I hope you do the same.
129.
Post 8882542 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Maybe this will help the ones who lost.. I dunno. It's movie art..
https://www.youtube.com/watch?v=XaJRtRZIT5oWho can tel me the original song?
Hope you guys have a nice day.
130.
Post 8886674 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
In previous crashes the ask side would be low for a while. Giving it some room for a bounce back. Not this time. Down it is and these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room.
But this is of course a good thing to many here.
hahaha! I love you man. Old cum rag in the corner.. thats the best description of
BTC so far.
131.
Post 8886800 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
So cheap.. that dirty old cum rag
132.
Post 8887444 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
rpietila has now admitted that this might be the final capitulation.
it's perhaps the final capitulation.
Even the permabulls are starting to see the truth.
You are likely citing out of context (that's why you provided only a snip-it).... All fun and jokes, I suppose.
I have very little commented Bitcoin's price during the last months. It is soon 7 months that I bought my shorts back and now I am just waiting the price to rise, to enable me to sell and gain financial resources - or not rise, in which case I continue to concentrate on forum education and less money-consuming activities.
The buyback average in 2014-2-25 was $449 and the low $382. So we are now at about the same price. This time it feels worse, because the spring that compresses in flashcrashes and catapults the price up, seems to be broken.
If it is broken, then it's perhaps the final capitulation.
Nobody should employ an investment strategy with stop-losses. That is idiotic. If you don't think the investment is valuable (and thus becomes better when it becomes more undervalued), why the heck should you buy it at all? There are valuable things in the world that you can buy instead.
Nobody should gamble more than he can afford to lose. By following this, I am able to wait the price coming down, and at $300 I'll probably cut excess spending, at $200 refocus my time on earning money instead of fooling around and at $100 buy more bitcoins with my renewed positive cash flow.
Interesting to see how it works out. Have to say I am not a major player in this and that is due to another coin that is more mentioned in the Altcoin observer thread.
133.
Post 8890574 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Share now trading at $96.42 a share, up more than 40%.
Holy crap..
134.
Post 8890636 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
$98 already, isn't suppose to start at $62 ? or did I miss that ?
There is a difference between set price and opening price. Set price was $68.
135.
Post 8891297 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
136.
Post 8892119 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
This was posted just now in another thread:
This is why the recommendation is to use a linux livecd on an offline computer to create paper wallets. That's what everyone does, right?
Right?
No I used win95 while being online.
137.
Post 8892170 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Scammers falling left and right..
138.
Post 8892698 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
are confirmations taking longer today than usual because of the high number of transactions going on? I sent some BTC from coinbase to cold storage (with the standard .0002 fee). Still no confirmations after almost 2 hours...
Did you check with blockexplorer.com? Blockchain.info is fucked atm.
139.
Post 8893404 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
2xx by next friday? Adam that should be next poll.
140.
Post 8893596 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
..these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room.
This quote should be immortalized, instant classic.
141.
Post 8893666 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Hmm so bitfinex has a unique way of performing margin calls. First they add it on the ask side, if nobody buys after a certain time it gets dumped.
142.
Post 8893990 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
Hmm so bitfinex has a unique way of performing margin calls. First they add it on the ask side, if nobody buys after a certain time it gets dumped.
Yes, it's very interesting that they're essentially speculating on their own with user funds instead of liquidating @market.
I've also noticed that before a margin call sometimes an opposing order with the exact amount come out,
by magic.
This happened to me, when there is not enough liquidity available near the margin call price (
perhaps).
Lets not forget that the owner of bitfinex (Raphael Nicolle) was a huge supporter of pirateat40 and not long after offered a similar service.
Also questionable is the founder, Raphael Nicolle, himself. Fortunately, this is not another attempt at an anonymously run financial service; Nicolle has provided a LinkedIn profile which confirms his involvement in BitFinex, and has plans to register the company when they settle on the best jurisdiction to locate their service. However, he was also involved in the Bitcoin investment scheme craze that had reached its peak in the Bitcoin community this summer, strongly supporting the (then only suspected) Bitcoin Ponzi scheme operator Pirateat40 in August, stating “now that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.” He even tried to open a 2%-per-week investment scheme of his own in September.
http://bitcoinmagazine.com/2830/bitfinex-bitcoinica-rises-from-the-grave/Just to add to the margin call theory, after they dump they seem to instigate a mini pump to trick traders into buying the asks (which makes sense). It's fascinating to watch..
143.
Post 8894357 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
..these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room.
This quote should be immortalized, instant classic.
Immortalized!
Hmm so bitfinex has a unique way of performing margin calls. First they add it on the ask side, if nobody buys after a certain time it gets dumped.
Yes, it's very interesting that they're essentially speculating on their own with user funds instead of liquidating @market.
Really? Did they state they do this? How would one be able to tell by watching the charts -- couldn't someone just be placing asks, then removing to market sell when they aren't bought?
Of course they didn't state this.. we don't know much on how they do it (they did state that they changed how they perform margin calls though). All we can do is observe the market and look for repetition of behavior (live I might add, not charts afterwards). Then we can draw a (speculative..) conclusion.
144.
Post 8894505 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
..these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room.
This quote should be immortalized, instant classic.
Immortalized!
Hmm so bitfinex has a unique way of performing margin calls. First they add it on the ask side, if nobody buys after a certain time it gets dumped.
Yes, it's very interesting that they're essentially speculating on their own with user funds instead of liquidating @market.
Really? Did they state they do this? How would one be able to tell by watching the charts -- couldn't someone just be placing asks, then removing to market sell when they aren't bought?
I recall that they did within this thread (the principle, but not the specifics of the algo, obviously), read it very carefully:
https://www.reddit.com/r/BitcoinMarkets/comments/2dohjg/im_josh_rossi_from_bitfinex_here_to_talk_about/To be clear, we do not trade on behalf of any user, nor do we take any position. Our trading platform simply introduces speed bumps for any order which seems to be an aberration from normal trading behavior.
145.
Post 8894700 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.14h):
..these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room.
This quote should be immortalized, instant classic.
Immortalized!
Hmm so bitfinex has a unique way of performing margin calls. First they add it on the ask side, if nobody buys after a certain time it gets dumped.
Yes, it's very interesting that they're essentially speculating on their own with user funds instead of liquidating @market.
Really? Did they state they do this? How would one be able to tell by watching the charts -- couldn't someone just be placing asks, then removing to market sell when they aren't bought?
I recall that they did within this thread (the principle, but not the specifics of the algo, obviously), read it very carefully:
https://www.reddit.com/r/BitcoinMarkets/comments/2dohjg/im_josh_rossi_from_bitfinex_here_to_talk_about/To be clear, we do not trade on behalf of any user, nor do we take any position. Our trading platform simply introduces speed bumps for any order which seems to be an aberration from normal trading behavior.
This is pretty much admitting to speculating with some user funds (or let's say, unwinding their position) in a way that they prefer, no? That's what I meant, anyway.
Someone spotted the algo's pattern in action back then during the liquidation, but of course they will try and make it less obvious.
Indeed, or if we are being conservative they are at least saying that they decide how the impact will be on the market. The only way they can do this is by taking a position, bid or ask. So in essence that is market manipulation. Claiming that they are not trading on behalf of users is just nonsense. Margin call is either dump or not. If its not then its taking a position (using user funds for speculative reasons).
With the notion of speed bump they admit to intervening. Also because they adjusted it from market dump (the default way of doing it), the only other option is that they actually take positions.
(The only other way is to dump some then wait for bid side til fill in again, but that is also manipulative. They are actively deciding what the price will be)
146.
Post 8922984 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
I think this will be the last couple of days that 400 holds, I think we will be visiting 300-360 soon enough.
same, generally, but the time part is so hard to nail down. it's impossible to get the short term details right, but everything has been pointing for me to that general range. we could bounce a bit, hell, given all the shorts taken out at 400, we could bounce 30 or 40 points, but i think low-mid 300s are coming in the next couple weeks.
There are no buyers. It's that simple. The result of 9 months of dumping and chasing cheap coins.
Everybody thought that after crashing down tons of buyers were dying to get in with cheap coins. Nope. There is nobody.
Now of course i keep reading we need to hit 350 before we can get back up. And after that 260. Well, these new buyers won't suddenly appear then. Also there is no guarantee we will go back again. As i keep saying one day it will stop. People will get tired of losing money. Of getting dumped on by traders every time they invest some money.
For now the Bitcoin hype is over and we better hope for something good to happen or all your cheap coins will be just that. Cheap coins.
The question is will we learn from this situation. And the answer is most likely no.
147.
Post 8929675 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
I'd like a certain prediction please. Someone with the gut to say "we're going up" or "we're going down". Dumping or buying at this volume is just a joke. What exactly are we talking about here? mBTCs per HOUR? I think I will pass for a couple of days...
https://bitcoinwisdom.com/markets/bitstamp/btcusdWe're going sideways, then down, then sideways, then down, etc. It can only be stopped by stamp installing Willy (China can't because PBOC will be pissed) and tricking the world into believing that the world is going nuts for bitcoin (lol).
148.
Post 8929782 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
I'd like a certain prediction please. Someone with the gut to say "we're going up" or "we're going down". Dumping or buying at this volume is just a joke. What exactly are we talking about here? mBTCs per HOUR? I think I will pass for a couple of days...
https://bitcoinwisdom.com/markets/bitstamp/btcusdWe're going sideways, then down, then sideways, then down, etc. It can only be stopped by stamp installing Willy (China can't because PBOC will be pissed) and tricking the world into believing that the world is going nuts for bitcoin (lol).
All trends go on forever. Quite right old chap.
It will stop at $0 though.. so not forever old chap.
149.
Post 8930861 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
lol Raphael Nicolle trying to pump btc
He aint no Mark Karpeles. All the exchange operators are crooks. But he is the worst one (still standing).
150.
Post 8930981 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
buy Buy BUY!!!!!!!!!!! Ok $10k next.
151.
Post 8937201 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
Might be noise, we touched 390 in the weekend, but managed to stay near 400 the whole monday.
And we are at 397 now. Close to 400
We go down again. Alibaba's IPO still not over ?
Maybe it never was Alibaba
152.
Post 8951543 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
Wow.. only $3.6mill on bidside at stamp. Thats the lowest I have ever seen, guess people canceled their bids and panick bought last night. This last paypal induced pump might turn out to be not such a great thing.
153.
Post 8959517 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
Mmmm
Simply no buy pressure
Nope, not even with that big bid wall
Walls are contrarian indicators
Damn, that's why i lost all my money trading.
But seriously, i understand what you mean but the noob trader would usually get confident with such a wall and buy and vice versa. Even if it's a trap, nobody is buying.
Seriously.. walls are only designed for sending a signal that you ought to buy (or sell through the illusion of resistance or support). Guess what, markets are always trying to gain the upper hand. If you look at cheap tricks like this you are gullible. How many times have we not seen (this year) bid walls vanish when dumping is engaged? What is unique now is that ask walls do not disappear. That ought to have peaked your interest by now..
154.
Post 8959643 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.15h):
What is unique now is that ask walls do not disappear. That ought to have peaked your interest by now..
The asks didn't disappear when before we blew through $300 last year. You can't rationalize the market.
You can't compare this market to the market when Gox with all its nonsense were around. Why do you think bounces are weak or pumps just fade out and decline to lower levels? It's because this market is closer to reality than it was with pumpbots at gox (fake liquidity I might add). We are still in correction from this abuse from Mark.
155.
Post 8994412 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.16h):
Blocks/hour 4.94 / 729 s
Thats it, bitcoin network is dying together with the price. RIP Sweet Prince.
Just kidding..
156.
Post 8996636 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.16h):
@BitChick
Be careful; Greed is one of the seven deadly sins!
Matthew 6:24
“No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money."
Hebrews 13:5
"Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.”
157.
Post 8996794 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.16h):
It depends what the main goal is?
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
I'm not even saying wanting to make money is bad, I mean we're all here, are we not? I'm trying to make as much money as I can too.. I'm just using you as an example to the forum for how you can make buttloads of hypothetical money and then still lose most of it due to tunnel vision and stubbornness in your beliefs.
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.
If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
Nonsense, your christian belief is adapted to fit your own desires. Greed of money is your belief. So nope, you are not stubborn, actually you are very flexible. The quotes I pasted clearly disagree with you praying about bitcoin price going up. No? Please refute me.
158.
Post 8996958 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.16h):
It depends what the main goal is?
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
I'm not even saying wanting to make money is bad, I mean we're all here, are we not? I'm trying to make as much money as I can too.. I'm just using you as an example to the forum for how you can make buttloads of hypothetical money and then still lose most of it due to tunnel vision and stubbornness in your beliefs.
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.
If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
Nonsense, your christian belief is adapted to fit your own desires. Greed of money is your belief. So nope, you are not stubborn, actually you are very flexible. The quotes I pasted clearly disagree with you praying about bitcoin price going up. No? Please refute me.
There is the dilemma I guess. Money in of itself is not evil. The LOVE of money is evil. Do I love money? I think it is hard not to be tempted by the comfort it can bring for sure. I wrestle with this. I am going to India in six weeks and I will be hit in the face and greatly humbled by those that can live lives of complete contentment and even joy with far less than I have. So in a way you are right. It is an area that I probably have some issues with, especially growing up in a rich area in the United States that is surrounded by every luxury we could ever want.
Why do I want the price to go up though? Well, I really wanted to bring a few thousand dollars more with me to India for one thing. Also, I would love to send both my daughters to great Christian colleges at some point, which is pricey and I don't have the funds to do that either. Also, my husband would really like to work at home and has some projects he is interested in doing but doesn't have the time to do them. I would like to think my motives are fairly pure, but maybe they are not. It is something I should consider.
Alright thats fine, being honest with yourself. But lets not forget this final quote of what awaits you if you indeed become rich.
Mark 10:25
"It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God."
I know its hard to deal with the reality of being a christian, but .. well thats what is demanded of you if you are indeed following the book.
159.
Post 8997345 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.16h):
160.
Post 8997410 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.16h):
Now that Bitcoin is accepted by Paypal, which uses BitPay, I expect increased selling pressure. Every purchase made with BTC through Paypal will effectively equal selling those Bitcoin for FIAT. As the recipients of the transactions through Paypal will have to receive USD (I think 99.9% of vendors / ebay users does not have a bitcoin wallet anyway), every transaction paid with Bitcoin will be dumped on the nearest exchange immediately, so that PayPal (or rather, Bitpay and Coinbase) can pay out the recipient.
Therefore this is good for Bitcoin adoption, bad for Bitcoin price.
Pretty much, also they have admitted to this being a study of consumer behaviour. We might all be exposed soon, as hodlers. Oh dear..
161.
Post 9033930 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.17h):
It's kinda pathetic reading this thread.. only suckers. Really, who on earth do you think bought that wall? The same guy that put it there (and why did he do this? if you cant figure this one out .. jeez). This is basic stuff.. oh well back to lurking while you guys celebrate. Enjoy the mini pump to 420-450 (remember to sell this time instead of crying). But even the manipulators can't escape the fact that there is not enough money to sustain a true pump.
162.
Post 9068735 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
Dear idiots,
Please keep panic selling! hodling! HAHAHAHAHAHAHAHAHA!
163.
Post 9070102 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
Russia’s Ministry of Finance has put forward what many were expecting yet also unable to believe: a ban on the use of digital currency, and the implementation of fines as an appropriate deterrent.
Nice
China next?
Cut loose now! Well do it regardless of this,
BTC is going down the shitter! The people have spoken (they don't want it). The end folks!
Hodl!!
164.
Post 9071760 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
this is my plan:
1. buy @350
2. buy more @ 300
3. get loans and buy even more @250
4.
Broke
165.
Post 9071793 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
Selling has been too aggressive today, we are in for another pointless bounce
166.
Post 9072075 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
btc-e @ 339.. bounce imminent. Is this it? $10k next.. World currency reserve to follow?
167.
Post 9072202 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
...
As long as I am holding and not selling (or just buying at these prices) the "whales" are the desperate ones. They are doing everything they can to try to pry my hands open but as I holder I am not giving my "power" away.
Hold on! Make those whales suffer.
>Unchecked love of money
>Christianity
Eww.
Just because I am "christian" does not mean that I cannot be a women that fears God and invests in something:
From proverbs 31: 16 She considers a field and buys it;
with the fruit of her hands she plants a vineyard.
17 She dresses herself with strength
and makes her arms strong.
18 She perceives that her merchandise is profitable.
]I perceive Bitcoin as profitable. That is all. It is not wrong. The Lord gives and the Lord takes away. If Bitcoin goes to zero tomorrow, at least I was looking for something I perceived as "profitable" and I have done nothing wrong.
Why such hate?
Price going down is good for you:
"Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God." Matthew 19:24
If you become rich you go to hell.. just saying. And that quote about manual honest labour is not comparable to this investment scheme you got going on (make everyone else work for your riches).
168.
Post 9073304 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
The bounce is imminent!
Time to buy like there is no tomorrow! Then for gods sake dump before it's too late
Remember that this is a zombie investment, its still walking around but it is in fact dead.
169.
Post 9073394 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
Most important thing:
Will Silkroad switch to another coin if Bitcoin goes to 0$? Will it be Doge?
why would bitcoin goes to 0$???
You dear sir is right! It won't or shant go that low. The only (killer) argument to buy bitcon is to buy drugs. So it shall stabilise around $10 like it was for so long (the only true demand). But then again I could be wrong.. According to Adam Africa is buying
BTC. We might indeed see $10k soon.
170.
Post 9073539 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.18h):
Most important thing:
Will Silkroad switch to another coin if Bitcoin goes to 0$? Will it be Doge?
why would bitcoin goes to 0$???
You dear sir is right! It won't or shant go that low. The only (killer) argument to buy bitcon is to buy drugs. So it shall stabilise around $10 like it was for so long (the only true demand). But then again I could be wrong.. According to Adam Africa is buying
BTC. We might indeed see $10k soon.
The demand for black marketplaces has increased a lot since those times. So i guess it would probably stabilize around 30-50$.
True, I stand corrected. Bitcoin has advanced and grown within that field. It is time to recognize that fact. Bitcoin is to purchase stuff you dont want your government to know about. Be it drugs or anythin else. That is why it will always have value (or be replaced). Good night!
171.
Post 9077551 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.19h):
Has anybody tried simply calling the lawyer in charge of getting ETF: COIN approved? I just did. She expects the review process to continue for at least one more year. That was a bit shocking for me as I was hoping for late 2014.
http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/Notisis - have you actually read the S-1? Honestly, I have a hard time imagining the SEC approving a fund ... which boils down to "we're going to trade on a lot of different exchanges, in countries where we don't really know if they're under any regulation at all ... oh, and we don't really know who the owners of the exchanges are"
http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/ckznv5w
172.
Post 9080351 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.19h):
Good news is that there is finally enough volume to get a bounce. The bad news is that it won't change a thing. Happy trading everyone!
173.
Post 9080493 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.19h):
Can China hit 19xx today?
174.
Post 9082994 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.19h):
do you guys think we are oversold?
No, overbought over the span of a year (last year). Now we are returning back to reality.
175.
Post 9084696 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.19h):
Embrace for sideways action! You can all go to bed now, good night!
176.
Post 9091663 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.19h):
Aaaand its gone
(the 30k wall)
177.
Post 9091825 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
Nice find.. I think that is loaded.. not sure.
178.
Post 9091849 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
Loaded is cashin out??
Guess that was the hidden message behind the wink
179.
Post 9092000 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
If this is Loaded I suspect he is accumulating for a client at sub300.
...Who is 'Loaded'?
The biggest whale on this forum. Truly a whale eater. This is actually a brilliant move by him (you will soon understand why).
180.
Post 9092036 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
just looks like someone who bought in August 2012 cashing out, seems like going under $10m might have triggered him to sell his stash. Not sure what the price was in Aug 2012
Date Registered: November 28, 2012, 03:37:37 AM <-- Loaded
And he is online now btw
Reveal urself Loaded!
181.
Post 9092076 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
This is not my doing. Its likely that the wall holder is setting up an even larger OTC deal, at least that's what I would do.
182.
Post 9092114 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
183.
Post 9092122 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
how we deal with 30K huge wall???
We wait for it to disappear?
184.
Post 9092197 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
Wall gone at $280 (the 6k wall)
edit: And the 30k wall lol
185.
Post 9100799 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.20h):
Sad to see bearwhale go, reminded me of earlier times
Oh Mark I miss you!! Come back and wreak havoc on the markets like you used to! We don't mind if its all fake..
Back to a slow grind to double digits..zzz
186.
Post 9145689 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.22h):
Poor bitcoin
That is all the pump could manage, now comes the crash (with several pumps up, but uptrend broken). Last time we had a real try (pump) we went from 339 to 680.. this time from 275 to 395. Cut your loose now!
187.
Post 9145768 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.22h):
BTC you old cum rag, stop jerking us around
188.
Post 9145830 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.22h):
Poor bitcoin
That is all the pump could manage, now comes the crash (with several pumps up, but uptrend broken). Last time we had a real try (pump) we went from 339 to 680.. this time from 275 to 395. Cut your loose now!
Hhaha, we still have so many bearish guy who still think price will drop drastically again.
I'm a bullbear, the most noble, objective and neutral creature there ever was
189.
Post 9146520 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.22h):
Alrighty folks! Asks have been manifactured to get another pointless fakeout going, better get on board and dump before 395. You'll see..
190.
Post 9162350 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.22h):
Looks like the bull bot has been turned off leaving only bear bot on. I'm sure Bitstamp will turn it on again when they notice.
191.
Post 9323246 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.26h):
Here's the thing. This is entirely rigged to suck out your coins cheap. Then they will sell your coins to their buddies and watch you panic buy. But there won't be any cheap coins then. I know how that sounds, but real life is just that idiotic and we now have the attention of people with no sense of fairness.
lol dumbass, keep telling yourself that lie.
192.
Post 9323339 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.26h):
Here's the thing. This is entirely rigged to suck out your coins cheap. Then they will sell your coins to their buddies and watch you panic buy. But there won't be any cheap coins then. I know how that sounds, but real life is just that idiotic and we now have the attention of people with no sense of fairness.
lol dumbass, keep telling yourself that lie.
He might be right, Mr. Personal Attacks
I'm sorry, but picking some elaborate conspiracy over the simple and infinitely more plausible explanation (supply and demand) is literally being a dumbass.
193.
Post 9374392 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.27h):
TA 101
1) spot trend, follow it until it shows signs of reversal
2) learn what reversal patterns are, how they relate to market psychology, where they occurred historically in these markets, and how to recognize them and their variations
3) have enough self-respect and confidence in your position that you don't have to troll threads talking your book
4) profit
All valid and good points (in general), but in the case of bitcoin all the data is suspect because of a certain frenchy named Mark Karpeles. So the only rational decision is to get out and let price return back to reality based on supply and demand. If I might give an estimate about where the price will be in january I would say 1xx. And I believe it will continue down in 2015 - all the way to a level that is supported by Silk Road. As most (except bulltards) knows, there is no reason for consumers to buy bitcoin to purchase anything besides that. Please refute me.. Have a good wednesday.
194.
Post 9374762 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.27h):
So where are all those idiots who were cheering for cheap coins all those months?
I don't see your daily posts about how much you are buying anymore. What happened? You stopped "loading up on cheap coins"?
Some of us have loaded up so much that we have no more fiat to load up any more.
All that said, it is a great time to buy! With I had more fiat to throw in!!!
Blind faith.. wonder why you are attracted to that..
Lets be honest, you would say the same thing at any price level. I bet in a year you will utter the same sentiment when price is in the double digit range.
195.
Post 9375010 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.27h):
So Bitcoin is not a way for people to escape limitations.. I thought that was the cardinal reason to buy into the future.
edit: It will be interesting to see if the markets react to this.. if not that's kinda strange, no?
196.
Post 9435796 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
BTCChina at 1957..
edit: seems like some miniwhale is using the illiquid markets of btcchina to force the other chinese exchanges down..
197.
Post 9436343 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
RIP BTCChina, nice knowing u. Obvious zombie exchange with 100% fake trades. Reminds me of Gox, except nobody will care if it dies.
198.
Post 9437383 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
Not seen a shred of proof that Willy was fake anywhere yet..perhaps someone could point it out for me.
http://willyreport.wordpress.com/
199.
Post 9437494 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
I read that hearsay when it came out - released to do as much market damage as possible. I mean't proof, not just someone's blog.
Ok then I can't help you. But I can tell you that it is in fact accurate and based on the leaked trade logs from MtGox. Also Willy was well known in the trading community, I personally observed it for months (not that I add any credibility to the story). If you decide to just view it as the most elaborate FUD ever produced then go ahead.
200.
Post 9438607 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
Looks like triple top? Dump o' clock is nearing??
Nope, it will just continue to hover above the fake bidwalls for now.
201.
Post 9438840 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
Looks like triple top? Dump o' clock is nearing??
Nope, it will just continue to hover above the fake bidwalls for now.
I don´t think that those bidwalls are fake, i rather assume that they wan´t to get filled.
tbh I believe that most of those freaky walls (including the 30k bearwhale) are the product of the exchanges (I have very little faith in the data they output to us). But then again, got nothing to back it up except just a deep seeded mistrust in all the exchanges. I don't believe in monsters I guess is what I'm trying to say (be that monsterbear or monsterbull). To me it seems like those walls were put there for one of two reasons (1) To protect the price or (2) To do what bearwhale (30k wall) did, create the illusion of crazy demand at $300 (after all we did go from 275 to 417 by that act alone). That last part could actually turn out to be the reverse of what bearwhale accomplished; to create the opposite effect (down instead of up, once the wall is removed, which obviously could be their intention).
But I obviously might be wrong.
202.
Post 9459810 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?
There is nothing to solve, if the package is stopped you can simply deny having ordered it. Case dropped.
203.
Post 9461919 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
God i hope at least this new Silk 2.0 idiot at least encrypted his wallets. He was bragging about his security so that'd be rule #1.
I wonder how many time people had to rebuy their own coins. Buy BTC keep them on SR...have in confiscated by FBI purchase that coin again at FBI sale, store that coin at Gox...buy that same coin from "hacker", transfer it to SR2...wait for FBI sale to buy your coin yet again.
Wouldn't count on it:
The FBI claim that Benthall's unencrypted computer contained "address lists for customers all over the world that will be of significant interest to many global law enforcement agencies.
http://www.businessinsider.com/fbi-silk-road-seized-arrests-2014-11#ixzz3IJQe55SO
204.
Post 9461945 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.29h):
At least he got to drive a Tesla:
The transactional records reflect that, since that date, BENTHALL has received a total of approximately 575.58 Bitcoins into the account through on or about October 28, 2014, and that BENTHALL has exchanged approximately 543.63 of those Bitcoins for United States currency, totaling $273,626.60.
I have reviewed emails from Benthall Email Account-1 reflecting that BENTHALL purchased a luxury vehicle with Bitcoins in late January 2014...BENTHALL made a down payment of approximately $70,000 in Bitcoins towards the purchase of a Tesla Model S, worth $127,000 in United States currency.
205.
Post 9705663 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.36h):
The bitfinex bot is simply accumulating to prepare for dumping once the markets goes bananas after the SR auction (expect +$450 then dump). It's a gamble though, he is assuming that all the coins will be sold (we won't ever know the price though), but most likely they will be and the market will react in a positive way. Simple strategy. Most likely the markets will start going up before the auction is finished (anticipation).
206.
Post 9705794 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.36h):
The bitfinex bot is simply accumulating to prepare for dumping once the markets goes bananas after the SR auction (expect +$450 then dump). It's a gamble though, he is assuming that all the coins will be sold (we won't ever know the price though), but most likely they will be and the market will react in a positive way. Simple strategy. Most likely the markets will start going up before the auction is finished (anticipation).
Are you sure ? Or is it only a theory ? However will bitcoin reach 500 $ before the end of the year ? or must we wait the next year?
I am 100% sure (lol). No, but really it makes a lot of sense considering the circumstances. This is how you make easy money.
207.
Post 9751227 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.37h):
https://twitter.com/melbournecoal/status/540948814790938625Tim Draper, who swept the first Bitcoin auction in June, says he won just one block of 2,000 Bitcoins in yesterday's auction.
208.
Post 9849995 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.39h):
209.
Post 9861397 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.39h):
i picked up a few bits... pretty sure the price is going to keep crashing tho, am i nuts? or stupid? maybe both?!
Brilliant move, $10k any second now.. after all Africa is going crazy over bitcoin
I heard that Kony is buying like crazy to fund his army of children in fact! Bullish as fuck.
210.
Post 9890730 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.40h):
These assholes have taken our money
Almost relevant:
http://www.youtube.com/watch?v=768h3Tz4Qik
211.
Post 9892978 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.40h):
$10k?
212.
Post 9893060 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.40h):
next stop $250 - its true ya'll.
213.
Post 9914432 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.40h):
BTC2k dumped,
BTC5k to go
(
BTC7k hit one of bitstamps addresses last night)
edit:
https://blockchain.info/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew
214.
Post 9914495 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.40h):
just out of curiosity: how do you know it's a bitstamp address?
Because you can trace the bitstamp audit to this address. Also more than a million
BTC has been received into this address, which makes it pretty obvious that it is an exchange. So when you add the audit + the amount it screams bitstamp.
bistamp audit:
https://blockchain.info/address/12sENwECeRSmTeDwyLNqwh47JistZqFmW8?offset=0&filter=0As you can see, there is alot of tx to 1Drt
215.
Post 9945082 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
I remember dec 25th to dec 26th last year, we went +70usd and pumped into 1000s shortly after. Will the history repeat itself this year ?
Nope, learn about history; Mark Karpeles pumped every 10x pump of bitcoin
He is gone now and you have all year seen the effect of it. Enjoy your cheap coins and dreams of becoming a millionaire by sitting on your ass. I will tell you a bit about the future price of bitcoin, if it stays over $100 it will be a miracle (in 2015). Mark Karpeles is gone and also most of the deepweb sites which was the only true incentive to purchase bitcoin.. so do the math (hint: no demand at all, except traders (btw, the whales you guys talk about is pretty much the exchange operators)).
216.
Post 9945154 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
I remember dec 25th to dec 26th last year, we went +70usd and pumped into 1000s shortly after. Will the history repeat itself this year ?
Nope, learn about history; Mark Karpeles pumped every 10x pump of bitcoin
He is gone now and you have all year seen the effect of it. Enjoy your cheap coins and dreams of becoming a millionaire by sitting on your ass. I will tell you a bit about the future price of bitcoin, if it stays over $100 it will be a miracle (in 2015). Mark Karpeles is gone and also most of the deepweb sites which was the only true incentive to purchase bitcoin.. so do the math (hint: no demand at all, except traders (btw, the whales you guys talk about is pretty much the exchange operators)).
Enjoy shorting on your unregulated exchange while you can. You will soon be forced to be a licensed broker to do so.
What do you think will be the peak price in 2015? Most bulltards think btc is bigger than the internet, you agree? Banks are evil, agree? Fiat is the devil, yep? Come on, admit to believing all of these things. Let me guess, you have all answers (about the troubles of economics in general) and somehow they involve bitcoin being the solution, true? Enjoy your cheap coins.
217.
Post 9957332 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
is crypto done??
218.
Post 9958456 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
275-417; $142 bounce
316-453; $137 bounce
342-395; $53 bounce
305-339; $34 bounce
312-???; $??(?) bounce
is crypto done? Is ripple the future?
219.
Post 9959846 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
are we only hours or days away from calling 2xx our new home for the next few months?
Is there no end to the lacking demand from africans? Adam.. you promised us all that we would get rich on the back of dirt poor africans
220.
Post 9960766 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
Price didn't move like the last year
Blame it on Mark Karpeles for bankrupting MtGox and with it his fake bots - they put bitcoin on the map. Now it's all being slowly erased from the face of the earth. Next dump at $325 (end of the micro pump)?
221.
Post 9961311 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
Very nice
BTC1 every 20s - in 24hr you could dump over around
BTC4k, Who wouldn't want to do that considering the state of things. You go girl. Bulltards.. where are you? And No Im talking to you exchange operators trying to protect ur business at all cost, acting like central banks. Im sure we all trust in you guys
Especially the chinese guys, those guys are so honest it makes me feel like an asshole. Sorta like standing next to a beautiful woman makes you feel like an ugly worthless piece of shit (not me of course), thats the chinese (exchange operators) for ya right there.
222.
Post 9961476 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
Thank me now, or cry later.
What's the price of the low point on that chart?
<250
When does the chart predict that will happen?
Actually draw some lines, thats all bitcoin follows anyway. No fundamentals, just pure speculation pump & dump. I can tell you the date (according to the lines) it will hit $250 - around january. Follow the support at bitstamp from about a year ago down to now. Predictable bounce will happen right there. Place bids and then dump when the false hope begins.
223.
Post 9973707 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
What is wrong with you people?
Now is the time to buy.
you sound desperate. Don't worry, eventually the exchange operators (the central bankers of bitcoin) will pump the price. Real demand though has utterly vanished.
224.
Post 9973866 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.41h):
What is wrong with you people?
Now is the time to buy.
you sound desperate. Don't worry, eventually the exchange operators (the central bankers of bitcoin) will pump the price. Real demand though has utterly
vanished never existed.
FTFY
Not true, there was real demand and need for
BTC when silkroad was around
225.
Post 9977994 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.42h):
Is this what chartbuddy's chart looks like to everyone else, or is it just me?
no, to most people he looks like "ignored".
226.
Post 9978635 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.42h):
All these EW lines are a load of bull shit.
Anybody can draw a couple of lines & guess at the price.
99.9% of people haven't got a clue which way the market will move, reactive rather than pro-active.
(And I'm a HODLER not a trader).
True, the 0.1% that knows is the exchange operators
They are literally acting on 100% inside information and its legal. Who wouldn't want to have a piece of that. It is also why the price is what it is, lower price equals lower income for them. They can't allow the price to drop to low. They get bitcoin and dollar for every trade, naturally they don't want it to sink too low as they are a cooporation meaning they only exist for profit, the more the merrier. Good for you to notice that finally
227.
Post 10012963 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.42h):
Remember these promises from bitstamp?
Did they deliver on this? If not, I wonder why
228.
Post 10015947 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.42h):
Maybe there could be another month or two of this boring BTC prices in the lower $300s, possibly dipping into the upper $200s, yet at some point, maybe in 6 months or so, we could get some meaningful price movement in the upward direction - when I say meaningful, I am considering price movements into the upper $500s and greater and even the potential for shooting past the previous ATH into the $3k to $9k territory, or possibly greater than that.
You're in for a rough year. To even contemplate that as being realistic is so remote from reality that you honestly need to talk to someone. Any substantial arguments to back up those numbers?
229.
Post 10021607 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.42h):
$298 at finex!! Congratulations to all the shorters
http://www.youtube.com/watch?v=5QYxuGQMCuU
230.
Post 10026745 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
China hit its technical support at 1818.. probably be a pointless pump to give bulls some hope
Remember to short, short, short! After the pump flatlines of course
Enjoy sweet sweet fiat. Have a nice saturday, you too bulls! We need you to make that precious delicious perfect form of currency called fiat
231.
Post 10027066 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
I usually wouldn't say this, but so no one makes a financial decision based on that -- BTC-China orderbook is fake. These fake buy/ask walls appear every time price drops or exceeds 2k. If 2k is approached, all those asks are gone, and 10k of bids appear.
On the other hand, China has a new short time low of 1800CNY. US still hasnt pushed for new lows below $275.
True, but that has been established in the trading community for some time now. Then again, most of the numbers presented from China are fake, I mean, we are dealing with China ffs..I lived there for a few years and have some knowledge of their culture. It's all about hustling, gambling and making a quick buck. Bitcoin is perfect for that type of scheme.
it's actually hilarious to watch the buying and selling at BTCCHINA, the order book bears no resemblance to the activity at all. Bobby Lee is not even trying to hide it, lol. Good for him.
232.
Post 10027697 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
BTC360 to 1650 at BTCCHINA, still it has almost
BTC130k volume today
Bobby, bobby! You silly man. I love you.
233.
Post 10027855 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
is it still worth to sell now
Wait until a bounce happens, then sell. They always happen.. and it might not be long now - its pretty oversold atm.
234.
Post 10027856 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
pls satoshi come help us
All he can do is sell coins..
235.
Post 10027929 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
BTC360 to 1650 at BTCCHINA, still it has almost
BTC130k volume today
Bobby, bobby! You silly man. I love you.
wth is bobby doing, selling btc to buy and prop up ltc?
He is the exchange operator (most if not all of them are corrupt - the exchange operators that is), or the CEO of BTCCHINA. He is responsible for faking all the trades in other words. Just like Mark Karpeles faked trades throughout 2013.
236.
Post 10028005 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
What do we think the low could be?
250?
That is the major support line, so probably. But usually if there is not a huge dump the market will react before that, anticipating it in other words.
237.
Post 10028216 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
Just noticed that we are at major support line at Huobi, prepare for pump. If not.. jesus we are going down so hard its not even funny.
238.
Post 10028393 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
Bitcoin usage only will justify a price of $25-50. Current remittances and the rare purchases in bitcoin are just not high enough yet.
We will likely approach $100 before rebounding. Speculators will come again but not for another year.
bitcoin is not just only a currency it is also a store of value like gold
The irony can't be lost on you, right?
I've been saying the same thing for more than a year now, like a broken record, on the way to the ATH and during the bear market alike: an asset that
appreciates hugely in a short time is not a very good 'store of value', and one that loses 75% of its value in a year certainly isn't one either.
This is not to say Bitcoin
cannot ever become one - just that, as it is now, with pretty wild swings in either direction, it isn't, even though some of the more, hm, brave Bitcoin supporters
use it as if it were one, with the obvious consequences (i.e. if they "stored" early, major gains, if they "stored" within the last year, major losses)
Oda, do you ever reveal your position? Are you long now, short, partially this or that.. would love to know how you view the coming weeks, etc. Do you believe in the long term success, any killer arguments for why it would appeal to the common man in the street?
239.
Post 10028525 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
ask side at Huobi is reflecting the fakeness of it all lol. Even worse than BTCCHINA, but what did we really expect. Corrupt chinese exchange operators being honest? That would be something
240.
Post 10028670 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
Bitcoin usage only will justify a price of $25-50. Current remittances and the rare purchases in bitcoin are just not high enough yet.
We will likely approach $100 before rebounding. Speculators will come again but not for another year.
bitcoin is not just only a currency it is also a store of value like gold
The irony can't be lost on you, right?
I've been saying the same thing for more than a year now, like a broken record, on the way to the ATH and during the bear market alike: an asset that
appreciates hugely in a short time is not a very good 'store of value', and one that loses 75% of its value in a year certainly isn't one either.
This is not to say Bitcoin
cannot ever become one - just that, as it is now, with pretty wild swings in either direction, it isn't, even though some of the more, hm, brave Bitcoin supporters
use it as if it were one, with the obvious consequences (i.e. if they "stored" early, major gains, if they "stored" within the last year, major losses)
Oda, do you ever reveal your position? Are you long now, short, partially this or that.. would love to know how you view the coming weeks, etc. Do you believe in the long term success, any killer arguments for why it would appeal to the common man in the street?
Huh, never actually kept my position a secret in the past, I'm just sometimes a bit secretive with my methods I suppose
I'm in USD with the trading portion of my stash, but looking for a good entry point. Cold storage untouched.
"Long term success" is a pretty wide question, depends on what you'd consider a success. But if the question is narrowed down a bit, then: yes, I still think there is a solid chance that Bitcoin will become a useful financial tool (possibly more niche though than some are comfortable with) over the course of the next years, and price is likely to react accordingly. But neither do I think this (qualified) success is
guaranteed, nor do I think it will get there on a smooth path.
Thanks, and yeah I do agree with you that about it being used for niche (like silkroad I guess), what I noticed about trading is that BBANDS seems to be exceptionally good at predicting crashes.. is that what you use?
Whenever the bands close in there is everytime a crash. Anyway, thanks for the answer. Lets see how low this one goes.
241.
Post 10028691 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
We are now entering below the major support line at the chinese markets, btw. It will probably dip some below and then establish itself above it again. If not.. oh my
242.
Post 10028845 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
...last i checked the blockchain was still working, no matter the price
...
Last time I checked, blockchain didn't pay the bills
Ouch..
243.
Post 10028862 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
Ok $275 held, now time for a sweet little pump - excellent! Here we go guys, $300 will be the top I believe. Probably tomorrow.
244.
Post 10028894 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
Things moving faster than expected. Won't have time to get fresh fiat to the exchange before this is all over at this rate.
You won't have time to get fresh fiat to the exchange before BTC goes sub 200. This ship is sinking faster than even I predicted. Such a shame. Chasing losses must be a nice hobby. Really profitable, right?
Nope, technicals d00d
It will bounce from here to give false hope to the bulltards.
245.
Post 10029209 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
Dont worry, JayJuanGee feels price might reach $9k this year
Buy buy bu..Hmm wait a minute! He is a traitor, $10k, right?
246.
Post 10035235 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.43h):
Stamp $258
It's official.
247.
Post 10040183 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.44h):
The amount of BS in this thread is so HUGE.
Bitcoin most important things are only going up from what I can see, it's adoption, it's development (more and more companies developing easy to use features for bitcoin), etc.
Judging by it's price? You should not care, Bitcoin is still young.
lol, you funny! I like you funny man. You silly funny little man.
248.
Post 10042190 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.44h):
Sell your bitcoins for ripple, only way out of stamp
249.
Post 10046636 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.44h):
Kiss Stamp farewell
Don't worry, you get 10% back in two years after liquidation. Happy new year!
Just kidding.. it was just
BTC14k that was stolen, I'm sure that is nothing to stamp. . .
right guys? .. guys? ah fuck.
250.
Post 10048354 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.44h):
isn't there usually usually around BTC15k at finex on bid side? (what is usually visible on bitcoinwisdom) So after stamp went down most of that just vanished?
I thought they were independent of bitstamp
251.
Post 10054806 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.44h):
guess what, a ton of people were selling coins on loan on Bitswamp (that is how they manipulated the price so low over the last 6 months) ... and now bitswamp has conveniently 'lost' coins ... i.e. the swamp is net short of coins.
go figure, it is not rocket science, someone has been selling non-existent coins and the swamp administered it. Good luck to anybody willing to deal with the swamp, you'll need it.
I never had much love for Bitstump after they told people "You remember those funds you sent us? We're going to need an identity theft kit from you if you want them back." IIRC, even Gox gave people fair warning. I was all done with exchanges before Bitstump came on-line so I was only watching from the sidelines.
Lets not forget about their fee fraud (
https://bitcointalk.org/index.php?topic=597647.0) and lying about producing financial audits every quarter (links down because of hack).
252.
Post 10072127 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.45h):
https://twitter.com/nejc_kodric/status/552861244714405891We are fully rebuilding our systems from the ground up so that customers can use @Bitstamp with full confidence and trust. - Nejc Kodrič
Uhm
Prepare for launch any second now! We are mere hours away before they have rebuilt the entire site from the ground up
253.
Post 10072480 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.45h):
Ouch, this is turning sour rather quick; So lets recap (1) Lost 19k btc (2) Said site would be up in 24-48 hrs (3) Decided to rebuild the entire site (no ETA) (4) Didn't show up at CES (5) Let trading go on for 12hrs after hack (6) Pantera removed any association with stamp
edit: Seems like finex thinks things are progressing nicely
Perhaps stamp panic buying coins
254.
Post 10072597 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.45h):
If Nejc is running, I'll give him 1 year tops before he lies bloody and look stupid in his own bathroom.
Hopefully it won't happen and I can reclaim my bitcoins that I lost the coming years if bitcoin is to take off.
Mark is doing fine after losing way more.
255.
Post 10077875 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.45h):
Wow, nice post!
Thanks. Luckily I was already trading at finex.
BY: BTCDRAK ON
JUN 12TH, 2014 <&btcdrak> when I released that paste a few people came forward with dirt on the stamp founders
<&btcdrak> I'm 100% convinced they are up to something, but they might get away with it/get out of
<RektFungus> so it was defs hacked?
<&btcdrak> 100%
<&btcdrak> notice how now there is no option to get your money off of stamp
<&btcdrak> if you refuse to register
<&btcdrak> it's verify or lose
<&btcdrak> this is exactly what MtGox did.
&btcdrak> and I *seriously doubt* they will be handing over funds to the "authorities"
&btcdrak> there should be a public disclosure and proof if they do, otherwise it's highly suspect
<&btcdrak> never heard of a private company seizing funds before.... have you?
<&btcdrak> not even banks do that
256.
Post 10078137 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.45h):
Hmm.. bearwhale does not show up in the financial list demanded by EU for any tx exceeding €30k in areas where there "is a greater probability of occurrence of money laundering or terrorist financing"*
http://www.uppd.gov.si/si/delovna_podrocja/vsebinska_podrocja/objave_38_clen_zppdft/podatki_o_transakcijah_38_clen_zppdft/ -- Where you find the newest lists.
http://www.uppd.gov.si/fileadmin/uppd.gov.si/pageuploads/NAKAZILA/Arhiv/nakazila_06012014.xls - The most up to date list
* Google translate
http://www.uppd.gov.si/si/delovna_podrocja/vsebinska_podrocja/objave_38_clen_zppdft/edit: Actually I think I might have a good candidate for who bearwhale is even though the dates dont add up:
5496 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5495 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5494 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5493 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5492 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND. BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5491 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5490 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 49 888 840
5489 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840
5449 04.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND EMERGING BERMUDA, HM DX HAMILTON, MALTA 999 099
5397 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099
5396 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099
5395 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 604 937
5394 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099
26.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099
25.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099
So only in december those guys cashed out ~€11,6 million euro - and if we add late november we are at €13,6 million - about $16million dollars.
Think its pretty obvious who has been in complete control of the price of bitcoin over at stamp
Both the pumps and dumps are lead by those guys -
http://bitcoinfund.eu/Nice timing getting out before stamp collapsed.
edit: Jon Matonis wrote an article about bitcoinfund for forbes
http://www.forbes.com/sites/jonmatonis/2013/03/08/first-bitcoin-hedge-fund-launches-from-malta/ - For those that don't know, he was the former executive director of bitcoin foundation.
257.
Post 10079690 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.45h):
Huobi very bearish, uptrend broken. Down we go.
258.
Post 10097406 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.45h):
$1.3million on stamp according to bitcoinity.. Not great, and only 3.5k btc for sale.
259.
Post 10116383 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.46h):
Sorry, what is the point? I did not say anything about that number increasing or decreasing. I just used its current value.
However, eyeballing that chart,
some 200 M BTC-day were destroyed in Mar/2014, and some 150 M in Feb/2014. I wonder what those events were.
By the way, note that the 0 level in that chart is the second line from bottom, not the first one.
Mark Karpeles moved
BTC200k of old coins around that time.
edit:
https://blockchain.info/address/1KecDYadohxk8MCDqKF8SBEMhCUNveAsCj
260.
Post 10116474 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.46h):
That "old format wallet" could be it, yes: 200 kBTC that had not been moved since
the end of mid 2011 (about 1000 days before).
The infamous 1933 address also moved two days later:
https://blockchain.info/address/1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a
261.
Post 10124956 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.46h):
262.
Post 10132483 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.46h):
Do you guys think it will ever recover back one day?
unlikely.
263.
Post 10134868 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.47h):
Remember, it's about the Blockchain, not Bitcoin!
hahaha
264.
Post 10135642 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.47h):
This relentless downward spiral sucks but we HODL.
Nothing else we can do.
I'd rather lose everything than sell now at a loss.
Damn straight
Spoken like a true poker player on tilt
265.
Post 10136384 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.47h):
Blocks/hour 4.85 / 742 s
If it drops too low then all trust in the network vanishes and btc is rendered worthless and perceived as such by the world.
266.
Post 10139091 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.47h):
The support line from december 2013 has now been broken on all exchanges - it has already confirmed itself as a point of resistance.
267.
Post 10142460 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.47h):
Fun fact about BTCChina:
(1) No drop in volume when China "sleeps"
(2) Volume drops when there is a crash - then on "sideways" volume increases by as much as 3-400%
(3) Almost nothing in the order book
(4) Higher volume than both OKCoin and Huobi - even with an almost empty order book
tada! Magic.
268.
Post 10147499 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.48h):
$199 on stamp
$10k by the end of the year? JayJuanGee? Oh sorry, $9k I mean
269.
Post 10147518 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.48h):
Holy sshhiiiitt
270.
Post 10149698 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.48h):
This is absolutly crazy but maybe we have seen a bottom at $200 USD now.
I just read that the difficulty just rose to 43,971,662,056.09 the other night, this with the low price can mining be substained for much longer.
2 questions, If something could be done to stop this ship from sinking, like some back up plan Gavin might have,
1. What might that plan be?
2. Who would have the final decision if some big change was decided?
Lol, love seeing supporters of P2P unbacked decentralised currency asking what "they" have planned to save this Titanic
This truly is hilarious.
BTW, Bitcoin has made me appreciate banks, fiat money and governments.
You're not alone
271.
Post 10150112 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.48h):
Where is "Tim Draper and The Winklewankers" when you need them?
Poor Timmy.. bad luck Brian just got a new name.
272.
Post 10150372 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.48h):
Has anyone ever considered it may be the very people that print the dollars that dump bitcoin?
You mean the illuminati?
273.
Post 10151517 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.48h):
I'm sure that it's good that this drop is happening. Drop is caused by large influx of stolen coins (probably from Gox theft) to exchanges. In some way, scammers are returning stolen coins to community. When they are done, community will control those coins and things will be more stable and optimistic, unless some other bitcoin company is hacked, but I'm sure that they got more mature by now.
agree, theft is a big issue in this downtrend and resulting crash. nevertheless i am not so sure about exchanges being safer today. only stamp has implemented multisig for example.
Could it not be also because Gavin warned people to stay away from bitcoin (it's dangerous) and compared it to the dotcom bubble... Just a thought
274.
Post 10152157 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.48h):
More on Adam Guerbuez's background:
hereHe also ran the website that claimed to sell videos of homeless people being beaten and harassed.
He was also a leader of the Heritage Front, an extremist group that sought to set up enclaves in Canada for whites of European descent.
Nice guy, I trust him.
275.
Post 10164432 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
Major resistance line (former support line from december 2013 that broke yesterday) at $235 - if it fails to establish itself over it then bear market is still intact. Also, China is $10-12 below Stamp and Finex, is that bullish? So keep those two things in mind at this price level.
276.
Post 10165278 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
Whats your point then? Buying at 100$?
Margin sell now.
Ouch
did Huobi died?
Yeah, whats up with that?
They forgot to pay some government officials to be allowed to keep running a scam, don't worry they will be back.
277.
Post 10167313 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
Man these are exciting times
I repeat again that $235 is absolutely neccessary to break and to use as support line (meaning it must spike quite a bit above it) - it's the last and oldest support line that was created post nov-2013 bubble. Bulls and bears be aware
Watch it closely. If it fails to do it we will call $1xx home for now.
edit: My last post predicted that it would meet resistance there, and it did. So we will see how it turns out.
278.
Post 10168007 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
Mark Karpeles is DPR .. thats just so fucking hilarious
I honestly believe it.
279.
Post 10168418 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
What if Ulbricht was the DPR, had coins on MtGox, lost them and he wants revenge to Karpeles because he would not look very reliable in front of court right now, right?
"To be clear, everyone, defense has NOT made the argument Mark Karpeles was DPR, instead got a DHS agent to admit he was a suspect"
https://twitter.com/a_greenberg/status/555827037488037889So no.
280.
Post 10168629 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
"DHS wrote that one reason Karpeles was a suspect was my 2013 interview with DPR, which "sounds very much like Karpeles"
Soonish?
the interview:
http://www.forbes.com/sites/andygreenberg/2013/08/14/meet-the-dread-pirate-roberts-the-man-behind-booming-black-market-drug-website-silk-road/
281.
Post 10168859 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
Ulbricht’s lead attorney, Joshua Dratel, said that Karpeles was the man pulling the strings behind Silk Road from 2011 until 2013, and that his associate Ashley Barr, a Canadian computer scientist, became the famously libertarian voice of Dread Pirate Roberts.
“Lots of little things added up to [Karpeles],” Der-Yeghiayan testified.
In a meeting with other Homeland Security agents, Der-Yeghiayan recalled saying that “we have built up quite a large amount of information that leads to this.”
Der-Yeghiayan, however, was convinced that the investigation still had further to go before making an arrest and taking Karpeles to court. He advised other law enforcement agents against speaking to Karpeles about Silk Road, so as to not tip him off.
At the time, there were investigations into several potential crimes that Karpeles had committed.
Instead, other Homeland Security investigations into Karpeles, for separate and related crimes, led investigators to seize $2 million from Karpeles in May 2013, thus tipping Karpeles off that he was on the radar of the United States government.
Although he was “upset” about the premature law enforcement contact, Der-Yeghiayan said he continued his investigation into Karpeles.
“You believed him to be the mastermind behind Silk Road, keeping it secure and operating?” Ulbricht defense attorney Dratel asked Der-Yeghiayan.
“I did,” Der-Yeghiayan testified.
As the argument was unveiled, Ulbricht let out a rare beaming smile and turned to his parents. They nodded at one another, marking the most electric moment in the trial so far.
Der-Yeghiayan testified that his own investigation had found that Mutum Sigilum, a Karpeles holding company, had registered silkroadmarket.org as a means to publicize the site further.
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
In the summer of 2013, a separate Baltimore-based Homeland Security investigation into Karpeles went to meet with the Karpeles's lawyers, explicitly against Der-Yeghiayan’s wishes. At this meeting, Karpeles’s lawyers brought up Silk Road and said that Karpeles was willing to give up the person he thought to be running Silk Road in order to gain immunity from other charges pending against him.
Der-Yeghiayan said he was “upset” about the contact and says he wrote a lengthy memo about the problems in the investigation.
Dratel says that it was only after this happened that Ulbricht was lured back into Silk Road, an entity he allegedly left behind two years prior, in order to be the “fall guy” who would ultimately take the charges that could leave him in prison for life.
282.
Post 10168930 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
Mark Karpeles is now almost confirmed as the culprit of both Silkroad and the bitcoin price; Buy if you want to. I'm out. Good luck bulls.
283.
Post 10168939 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
284.
Post 10168980 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
Ulbricht’s lead attorney, Joshua Dratel, said that Karpeles was the man pulling the strings behind Silk Road from 2011 until 2013, and that his associate Ashley Barr, a Canadian computer scientist, became the famously libertarian voice of Dread Pirate Roberts.
“Lots of little things added up to [Karpeles],” Der-Yeghiayan testified.
In a meeting with other Homeland Security agents, Der-Yeghiayan recalled saying that “we have built up quite a large amount of information that leads to this.”
Der-Yeghiayan, however, was convinced that the investigation still had further to go before making an arrest and taking Karpeles to court. He advised other law enforcement agents against speaking to Karpeles about Silk Road, so as to not tip him off.
At the time, there were investigations into several potential crimes that Karpeles had committed.
Instead, other Homeland Security investigations into Karpeles, for separate and related crimes, led investigators to seize $2 million from Karpeles in May 2013, thus tipping Karpeles off that he was on the radar of the United States government.
Although he was “upset” about the premature law enforcement contact, Der-Yeghiayan said he continued his investigation into Karpeles.
“You believed him to be the mastermind behind Silk Road, keeping it secure and operating?” Ulbricht defense attorney Dratel asked Der-Yeghiayan.
“I did,” Der-Yeghiayan testified.
As the argument was unveiled, Ulbricht let out a rare beaming smile and turned to his parents. They nodded at one another, marking the most electric moment in the trial so far.
Der-Yeghiayan testified that his own investigation had found that Mutum Sigilum, a Karpeles holding company, had registered silkroadmarket.org as a means to publicize the site further.
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
In the summer of 2013, a separate Baltimore-based Homeland Security investigation into Karpeles went to meet with the Karpeles's lawyers, explicitly against Der-Yeghiayan’s wishes. At this meeting, Karpeles’s lawyers brought up Silk Road and said that Karpeles was willing to give up the person he thought to be running Silk Road in order to gain immunity from other charges pending against him.
Der-Yeghiayan said he was “upset” about the contact and says he wrote a lengthy memo about the problems in the investigation.
Dratel says that it was only after this happened that Ulbricht was lured back into Silk Road, an entity he allegedly left behind two years prior, in order to be the “fall guy” who would ultimately take the charges that could leave him in prison for life.
source ?
285.
Post 10168986 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
“You believed him to be the mastermind behind Silk Road, keeping it secure and operating?” Ulbricht defense attorney Dratel asked Der-Yeghiayan.
“I did,” Der-Yeghiayan testified.
As the argument was unveiled, Ulbricht let out a rare beaming smile and turned to his parents. They nodded at one another, marking the most electric moment in the trial so far.
286.
Post 10169059 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
This could be true, and the coins that Mtgox "lost" could be really the SR seized coins or the lost at least connected to this event.
Good point, didn't think about that. makes sense.
287.
Post 10169205 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.49h):
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
What the hell do they mean by "leverage that price and raise it"?
Can anyone here come up with a scenario how keeping gox money at silk road could have raised the price?
Well he knew how to do perfect trades (and he had tons of btc - probably more than 200k), he was the CEO after all. So he was in complete control of the price for years. Why do you think we have been going down for more than a year after gox collapsed? Because Mark is gone. That is the main reason.
288.
Post 10177718 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.50h):
Some have speculated the news is that Lyft or Uber would announce Bitcoin support.
On Friday afternoon Adam Guerbuez made the announcement that he would continue being the spokesman for a Canadian ice cream company and inherently this would be good for Bitcoin.
Nice! Very bullish.
289.
Post 10180419 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.50h):
All deposits from people who want to buy the dip should have arrived by now. Buying pressure still seems ridiculously low compared to what we saw after the drop to $275 last year. I'm expecting another large drop this weekend. Will probably go short here. Maybe good news revealed during the Miami conference could save us though.
Obviously it's weaker the lower the price goes; Lower price means less money present and also interest. The bounces have been getting weaker and weaker ever since MtGox vanished. The only real explanation for the price dropping for more than a year is that fact (gox gone). Shorters will win all the way down to double digits. The world has had 6 years to be interested in a revolutionary technology and they are not interested. The little buys we are seeing now are people scared to death to miss out on profit (driven by fear instead of rationality), but there will be none. That's it.
290.
Post 10180468 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.50h):
All deposits from people who want to buy the dip should have arrived by now. Buying pressure still seems ridiculously low compared to what we saw after the drop to $275 last year. I'm expecting another large drop this weekend. Will probably go short here. Maybe good news revealed during the Miami conference could save us though.
Obviously it's weaker the lower the price goes; Lower price means less money present and also interest. The bounces have been getting weaker and weaker ever since MtGox vanished. The only real explanation for the price dropping for more than a year is that fact (gox gone). Shorters will win all the way down to double digits. The world has had 6 years to be interested in a revolutionary technology and they are not interested. The little buys we are seeing now are people scared to death to miss out on profit, but there will be none. That's it.
When the world had 6 years internet already invented, nobody gave a shit about internet...in some places there are people learning what internet is even now in 2015...So..wtf are you talking about?
Why are you comparing btc to the internet? it's supposed to be a currency, are you saying that the internet is a currency?
291.
Post 10190072 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.50h):
This is a hard time for me I don't know if i should sell or keep my btc
Sell, but buy back with a loss if it establishes itself above $235 (last standing support line from nov2013 bubble that was broken in this last crash). It will be a strong buy signal, but it seems we will call 1xx home for some time now. We might go much lower (I think double digits are quite likely). But do as you please. Good luck.
edit: Also the 3d chart looks terrible, absolutely nothing like we are used to see when we have a powerful recovery. Check it out.
292.
Post 10190094 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.50h):
Everything about this screams indecision! Whichever way we break, it'll be massive.
Not necessarily. I'm half expecting a revisit to $160-$170 if things get bearish. But it will be on lower volume and act as a way to clear out the few remaining bears and weak hands--however the initial crash did a pretty good job with that--and will act as a spring upwards. Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa.
Found this on some thread. That is the second bottom you decribe, right?
If we follow the 2011 pattern it seems to go perfect with my $266 sell and my $134 buy that I was planning
Gox was around then, meaning Karpeles. He is gone and so is gox. But perhaps? Good luck.
293.
Post 10197074 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.50h):
Is there some fiattalk.org forum? Where we can go make fun of the bulltards, because their precious dollar lost 98% of value since 1913...
Average income in 1913: $400
Average income in 2010: $33,000
Perhaps that is relevant?
http://www.politifact.com/virginia/statements/2010/nov/24/virginia-tea-party-patriots/virginia-tea-party-says-dollar-has-lost-98-percent/
294.
Post 10216607 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.51h):
I'm shocked!
295.
Post 10255289 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.52h):
that market behaviour over at stamp is fucking strange..
296.
Post 10257575 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.52h):
Tomorrow Coinbase will add litecoin and dogecoin. Dump BTC and buy one of those shitcoins instead.
Sssshh, don't tell anyone.
297.
Post 10258096 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.52h):
Tomorrow Coinbase will add litecoin and dogecoin. Dump BTC and buy one of those shitcoins instead.
Sssshh, don't tell anyone.
i think it will be something else.
Huh but that's an interesting assumption!!! I mean... LTC went up these days, maybe some people knew about this and bought some coins... Could be insider trading or something, man. Maybe we
do need regulation!
Don't forget who works at coinbase
"Charles Lee, the founder of Litecoin, has left his job at Google after being signed full-time by Coinbase. "
http://www.coindesk.com/litecoin-creator-charles-lee-has-left-google-to-work-at-coinbase/
298.
Post 10259149 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.52h):
https://twitter.com/rwitoff/status/559461110261501952"the last product i launched only made it .1% of the way to the moon. this time we're going all the way
http://fb.me/74NCXlALs"
Hacker. Data Science @ Coinbase. Formerly NASA JPL.
Sounds pretty boring tbh.
edit: NASA JPL builds satelites, etc. So guess bitcoin will be in space..
299.
Post 10259404 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.52h):
“To have an organized exchange that has the backing of thoughtful venture capitalists and investors addresses one of the main problems with bitcoin: its extreme volatility,"
An era has come to an end traders. Bitcoin will now be predictable and boring
300.
Post 10267066 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.53h):
https://bitcoinwisdom.com/markets/coinbase/btcusdNice candle.. looks like they added a lot of liquidity to keep the price stable
“To have an organized exchange that has the backing of thoughtful venture capitalists and investors addresses one of the main problems with bitcoin: its extreme volatility,"
301.
Post 10303958 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.54h):
Nice to see that
BTC continues its pattern of being a pump and dump scheme - just like Bill Gates said
But its a lot of fun! But not the future of anything, just trash basicly.
302.
Post 10310185 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.55h):
Looks like Star Xu is worried that
BTC will go to 0 because it's pretty much just 100% speculation. He is pleading to the world to please start using it, or else his business will go down the shitter.
http://blog.okcoin.com/post/109570662089/okcoin-in-my-words-star-xuEnjoy the words of a desperate CEO
"If Bitcoin forever stalls at a theoretical stage, the value can only become ever lower - all the way to 0. The development of real use cases for Bitcoin is fundamental. There is no point in dreaming of Wall Street becoming the next buyer or regulatory authorities helping to legitimize Bitcoin."
"If Bitcoin remains only on exchanges, then the likelihood of Bitcoin failing is fairly high. "
303.
Post 10321684 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.55h):
OKCoin down? Bitcoinwisdom?
It was down for more than an hour and the second it got back dumping started. Will be interesting to watch..
304.
Post 10323608 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.55h):
Bulls when will you learn.. we are heading for single digits (drugs keep it above 0)
305.
Post 10329669 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.55h):
$100 ($210-$310) up and then $100 down.. so $50 up then $50 down? Oh BTC u so silly.
306.
Post 10344237 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.56h):
Really obvious trap going on here, but still a lot of people here immediatly fall for it. It is telling about how gullible quite a few people here seem to be. One whale moves the market and BOOM: we are going over 300 dollars for sure! Soon to be followed by: last time we see 200's, to the moon!, etc.
No spoilers pls.
307.
Post 10353353 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.56h):
I love bulls, this will end so bad for most of them... and to be honest, I kind of like it
BTW, I don't think it is going over 300
I love bears, this will end so bad for most of them... and to be honest, I kind of like it
BTW,
I'm sure it is going over 300Bulls learn from this fool.
308.
Post 10358035 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.56h):
So he's going to be rich and she will miss the train. Big story.
hope you're joking..
"I used to consider him a smart guy and I never, ever thought he would succomb to basically being brainwashed by a bunch of clueless idiots on the internet who seem to know absolutely nothing about finance or the real world."
Ouch.. spot on.
309.
Post 10358245 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.56h):
...
Even if it is a very elaborate troll, it doesn't mean that there aren't real marriages being ruined by bitcoin.
...
Case in point: BitChick.
At least BitChick will have Jesus to fall back on.
310.
Post 10358967 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.56h):
311.
Post 10420252 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.57h):
For anyone not yet convinced that chinese exchanges are 100% fake, well look at this;
22:56:41 1366 793.784 <-- in an order book almost complete empty on the ask side (it was a buy - huobi). Before that there was a +400btc buy as well (also on an empty ask side).
312.
Post 10492126 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.59h):
313.
Post 10492158 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.59h):
Exchanges shutting down is always good.
314.
Post 10492209 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.59h):
Exchanges shutting down is always good.
Why is that? (Genuine question)
I hate that I have to say that it's a genuine question, it should be the default assumption.Natural selection did wonders for life on earth, same will be the case for btc exchanges - the criminal and insecure ones are slowly eliminated one by one.
315.
Post 10492720 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.59h):
316.
Post 10493963 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_13.59h):
317.
Post 10613133 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.01h):
So a moth walks into a podiatrist's office...
Go on..
318.
Post 10619876 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.01h):
Wow, 8000 coins dumped in 30 minutes.
There are some real kamikaze bears trying to get their shorts covered lower.
Lol, they'll fail.
Love it when you see so much denial among the bears.
you are just wrong. these were not new shorts. This drop was initiated by bulls...
On BFX both the shorts and longs didn't change much, so I'd say it was initiated like the pump, based on some market indicators.
we very much agree here. But a bear would not have had coins to dump as they are either short or flat...
But you know that normal people (not regarding to permabulls as they are abnormal people) can switch from bulls to bears and from bears to bulls
That's just an old myth. People don't change, ever.
319.
Post 10715616 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.03h):
BTC8k until we brake $300 at stamp
Nice!
320.
Post 10730139 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.03h):
Get out now. Good luck.
EDIT: price right now is $289 at stamp. For future reference.
321.
Post 10817023 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.05h):
Get out now. Good luck.
EDIT: price right now is $289 at stamp. For future reference.
Well told ya guys
greed gets u broke.
322.
Post 10817041 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.05h):
Get out now. Good luck.
EDIT: price right now is $289 at stamp. For future reference.
Get out of what? Cash?
Now is a good time to go all in BTC.
Wrong..again. But keep praying to your God to make you rich
323.
Post 10817128 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.05h):
Get out now. Good luck.
EDIT: price right now is $289 at stamp. For future reference.
Get out of what? Cash?
Now is a good time to go all in BTC.
Wrong..again. But keep praying to your God to make you rich
False dichotomy - it's the USD that's based on fallacies like religion. "In God we trust"
Lol @ u m8
lol @ me m8! You caught me with my pants down
I'm so stupid, so very stoopid. Im sorry.
324.
Post 11042107 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.10h):
3d MACD red on finex
edit: Oh and price is lower than it was 2 years ago! Bullish? Ohhh u bet!
325.
Post 11044354 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.10h):
Adam is buying like crazy with max leverage.
326.
Post 11116470 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.11h):
Bitfinex pretty much fucked up by trying to perform "controlled" margin calls, it worked in the past. This time the bid side is anemic and they are not quite sure what to do. It's a disaster waiting to happen. Expect finex to be out of business soonish.
327.
Post 11143095 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.12h):
On wednesday the last creditor meeting for MtGox will be held, guess we will get an idea about when BTC200,000 will hit the markets (rumour is september). Who dares to be a bull in times like these?
328.
Post 11174713 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.12h):
is it true that whale are now conducting test pump ?
Yes, they published it on their blog.
329.
Post 11216102 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.13h):
BTC-e has always been a deeply weird place. Flash crashes and total laggardness when others were exploding. It would be a shame if it was in its death throes. I really thought it would still be ticking away long after all the other old guard had turned to dust.
Yup, I agree. It's kinda funny... All the other exchanges with audits, proves of solvency, etc. mostly experienced some hack, loss, or serious outages. BTC-e, on the other hand, always considered to be a shady exchange, always worked reliably and never actually experienced any problems. The underdog, so to say...
Sure, but it's only been 4 years though.. it's not like they are an old timer in any sense of time. In bitcoin history sure, but still its just a few years.
330.
Post 11216180 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.13h):
Last time btc-e did this (31st of august 2014) BTC lost almost 50% value in the aftermath.
331.
Post 11237352 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.13h):
Very quiet here now. Are you busy buying or just not paying attention mates?
Everybody is busy with 20x @ okcoin because of the ETN.
332.
Post 11237378 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.13h):
Very quiet here now. Are you busy buying or just not paying attention mates?
Everybody is busy with 20x @ okcoin because of the ETN.
And GBTC
And Fidor
And UK Coinbase
Jepp, det også.
333.
Post 11247124 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.13h):
I would love to see 240 before I turn in for the night.
Btw. Stands for six are dirt cheap nowadays, screens too.
Me too! If we make it above that next target is the 38.2% fib line, ~$250, which could be easily reached if the selling is light. Then the fomo begins, but that's getting ahead of things.
Six monitors would be amazing... but mine are NEC IPS monitors, so it would be a costly (although beautiful) upgrade
btc-e just hit $240
334.
Post 11247207 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.13h):
Weren't you just told to keep your BS in this thread to wall watching and price discussion? You really don't fucking listen to anything, do you?
I am listening, but I don't hear anything that makes sense.
The news of Circle getting 50 M$ of investment has been posted and discussed umpteen times here, and no one complained. And that is appropriate, because it is being interpreted as "good news for bitcoin" by many people -- and the only identifiable factor that moves price is news and rumors. Indeed, the current micro-bubble may be due to it.
You forgot about nasdaq stockholm being a partial reason for this micro-bubble.
335.
Post 11413011 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.15h):
Bitcoin has returned back to the mean, in 2020 the price will be $620.
336.
Post 11424679 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.15h):
On the 4H chart it looks like BTC is ready to drop off a cliff.
337.
Post 11444400 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.15h):
|
|
v
338.
Post 11488070 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.16h):
OKCoin being exposed, finally! Perhaps now the mirage that is China will come to an end.
Bots
I can confirm OKCoin runs bots on their exchanges, under instructions from Star Xu. These bots are managed by Chen (business and operations), Yu (programming), Wang (database admin, “funding”). Many employees and ex-employees of OKCoin are aware of these bots. I will not name them all here.
Fake Volumes
I can confirm some of the above bots are designed to pump up volumes. During certain periods, these bots have also been used in a manner to create orders that will only trade against themselves, not with user orders. This mode of operations was strongly resisted by even Chen and Liu (programming, matching engine), but Star Xu insisted on executing it.
Fake Proof-of-Reserve
I can confirm OKCoin removed a number of accounts (used by OKCoin bots) to pass the Proof-of-Reserve audit in Aug 2014. In essence, these bots trade on fractional (or fictional) reserves. Stephan Thomas was lied to during the audit. This is an unfortunate limitation of the proof-of-reserves method.
339.
Post 11488208 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.16h):
So finally here comes the awaited crash. Are you ready to catch the knife?
P.S. after the eradication of the longs this is a definite buy!
Crash reason ?
OKCoin 100% fake. Sell everything you got now or burn in hell with Star Xu.
340.
Post 11511934 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.16h):
Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc?
PC?
I don't even think a pool would recognize or accept your hashrate. It wouldn't even register.
my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh
Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too.
Well, there goes my hopes for BTC prices to go up..... I kept thinking that mining was NOT profittable at the current BTC prices.
Still think $9k is possible this year?
341.
Post 11512642 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.16h):
So 220 held over night, bit of bullish sentiment?
Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?
What if I told you, there is no bottom. But seriously, later this year I bet the price will be in the low 1xx range. But good luck, I'm sure you'll make a fortune.
342.
Post 11551894 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.17h):
This thread turns into a zombie post listing by Chartbuddy and/or NLC sockpuppets posts within this stagnating period. Unfortunately, I don't see any significant pump coming up until next September (after Kobayashi's deadline for MtGox's creditors). Someone push the FF button... please?
I thought Kobayashi's deadline for MtGox's creditors to apply had already expired. Do you mean a different deadline? Is there any kind of date when people might start getting paid back what they are owed?
There will be a final creditor meeting in september I believe. If the decision is to return btc as btc
BTC202k will be made available through Kraken. That could result in incredible selling pressure as those coins spread to more liquid exchanges.
343.
Post 11640776 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.18h):
Capital controls on Friday - confirmed...
Insider info. Seriously.
Holy sheeetttt....
... hitting the fun!
I am not BS guys,
I hope it is not real even if I am long...
344.
Post 11648302 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.18h):
Good to see that BTC still knows how to do the pump&dump.
345.
Post 11650072 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.18h):
Be careful bulls, head & shoulder pattern (finex 1h chart) that did brake the neckline is now trying to deny the trend reversal. Also looking at the orderbook over at finex.. well it screams bulltrap (20k v 6k, cmon lol). Happy trading!
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Post 11682328 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.18h):
347.
Post 11683511 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.18h):
348.
Post 11717811 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.18h):
Wow China stock marked just crashed 6%, BTC still not moving down. Let's hope the Chinese use BTC as a safe haven. Oh, the next 48 hours may be critical ™©®
Dow kept downwards too yesterday (
http://money.cnn.com/data/markets/dow/) maybe the markets are incorporating the "GRexit" scenario? Monday will be a HELL of a day if they don't come into an agreement... BTC will surely have to gain, but I don't think this will be imminent. Maybe next week we will see some nice moves.
Pretty sure there won't be any grexit. This picture is two days ago
349.
Post 11746215 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.19h):
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Post 11797500 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.19h):
Official referendum result page [English]EUROZONE
http://ekloges.ypes.gr/current/e/public/index.html?lang=en#{"cls":"main","params":{}}
351.
Post 11797557 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.19h):
17.83% counted. 60.36% OXI
Yeah, it's most likely OXI, little doubt about it. The real question is, what now?
According to Varoufakis they'll get a better deal, but Dijsselbloem said friday that's out of the question and a no would probably mean Greece would leave the Eurozone.
352.
Post 11859080 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.20h):
Get ready to sell, rumours of white smoke soon from the Eurogroup (less than an hour).
353.
Post 11865626 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.21h):
BREAKING NEWS: Deal has been reached with greece, sell everything now.
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Post 12011364 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.22h):
355.
Post 12024752 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.22h):
I then pointed the Tokyo Metro Police to the Willy Report, which seemed to match what was reported to me a year earlier. (At the time, the lead investigator seemed surprised and wanted to know more information about the Willy report. I gave them the URL, and I wasn't asked about it in previous questioning (I wasn't working there at the time this alleged manipulation started).
The Willy Report landed his ass in jail, thank god for whoever wrote it. Oh and most in here dismissed it as pure fud
356.
Post 12024830 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.22h):
The only time I suspected something was wrong (beyond Mark himself) was in April 2013 when my ex-employee contacted me to report there was an account that seemed to be buying bitcoins at a surplus rate, and it seemed to be internal to the company.
And so the 2013 april bubble was explained
It was all a big scam folks.
357.
Post 12024893 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.22h):
Do you think this could explain the april 2013 bubble?
No proof, but yes. I think this was the cause of the bubble at that time, and perhaps subsequent bubbles.
358.
Post 12125559 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.23h):
This Finex wall is bull shit. Look at the size of it, the price is barely moving though. What's going on, another fake wall?
First you say its bs, then you ask if it's fake..? I think you want it to be real, but reason tells you it's not. Now pick between hopium and reason.
My take on it, it's the same guy who puts up massive ask walls who then swiches and uses btc as collateral (only possible on finex, so not strange that we see it there). Not that hard. That's why market doesn't care.
359.
Post 12162267 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.23h):
No fiat hit bitstamp today
Prepare for a week of shorters raping bulls. Liquidity has dropped by 50% on Bitstamp since the peak at $318 (3.3mill vs 1.58mill currently)
360.
Post 12177741 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.23h):
We are now looking at the next huge wave down last seen summer 2014 (ofc with some bounces), we might find some ground at 230 (longterm trendline since april 2013) - if it fails we collapse into 1xx and then double digits.
Right now the price is $250 - advice, short.
If it comes true double digits will be around december this year (2015). My guess is $77.
Saved for future reference.
Edit: Within a year I also expect bitstamp & bitfinex to collapse (bankruptcy).
361.
Post 12187777 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.24h):
We are now looking at the next huge wave down last seen summer 2014 (ofc with some bounces), we might find some ground at 230 (longterm trendline since april 2013) - if it fails we collapse into 1xx and then double digits.
Right now the price is $250 - advice, short.
If it comes true double digits will be around december this year (2015). My guess is $77.
Saved for future reference.
Edit: Within a year I also expect bitstamp & bitfinex to collapse (bankruptcy).
Excellent timing I must say, pure luck of course. And we have found ground as expected at 230. My position is still short.
362.
Post 12213767 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.24h):
Not enough volume to get this really going, expecting a small little bounce and sideways for a day or two. Then dropit like its hot.
Still short, so if it drops like a rock I will open the champagne!
363.
Post 12227441 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.24h):
Prepare for total collapse.
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Post 12242328 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.24h):
If you have half a brain it's time to short, check out the resistance line at bitfinex. Expect either a huge pump (insanely ulikely) or a dump.
365.
Post 12242372 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.24h):
This tweet is the nearest thing to a statement that I could find. It suggests their trading engine's database is corrupt, and there has already been a complaint from one of their customers that his balance is not correct. I've not found a proper official statement anywhere yet, only that tweet.
https://twitter.com/bitfinex/status/636258874606133248Bitfinex.com @bitfinex 2h 2 hours ago
We are experiencing data corruption issues and will be offline until corrected. Sorry for the inconvenience.
I believe them as much as I believe they actually had $30million ready to buy
BTC.
366.
Post 12252034 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.25h):
For all the bulltards, take one close look at the restistance line which was formed in january and acted as resistance on august 18th (and since) - now will the market be able to break through it? Perhaps, not likely (resistance is at $238 about). If we approach that level short like a motherfucker or die broke. Bitcoin is in serious trouble both with liquidity and with the divide on blocksize.
Go long and laugh at us bears as we approach $238..
367.
Post 12320347 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.25h):
So Bitstamp is now also faking volume?
What's your evidence? Is this pure FUD spreading disinformation?
Haven't you noticed the 49.99 buy and sell for weeks now? Obviously irrational trading which points to it being an inhouse bot run at stamp to pump up volume. Why shouldn't they do it? The chinese exchanges have been doing it for years.
368.
Post 12321816 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.25h):
BTC price has never seen this stability EVER - so hold on to your butts, we're in for a brutal ride one way or the other.
369.
Post 12343394 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.25h):
By the way, do we know when the Mt.Gox's claims will be settled?
Date and time for investigation of claims September 9, 2015, 1:30 pm
Who knows when 202k coins will be dumped on the market.
370.
Post 12541998 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
Hilarious to watch the volume going on over at Huobi and OKCoin - 2h bar showing 140k and 199k (highest 2h volume ever) versus 1370 at bitstamp.
371.
Post 12573045 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
hahaha 3min candle at OKCoin with 22k volume
Hilarious, they don't even give a shit anymore. It moved the price a whopping 0.8 yuan.
372.
Post 12574993 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
Another 22k volume 3m bar over at OKCoin - this time it moved the price 0.0 (maybe 0.2) yuan.
373.
Post 12575834 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
Another 22k volume 3m bar over at OKCoin - this time it moved the price 0.0 (maybe 0.2) yuan.
The Coinmarketcap Bitcoin markets page has a special category at the bottom of the page for markets with no trading fees. Any of those markets are denoted with * to signify "Volume Excluded - No Trading Fees". The OkCoin Intl. BTC/USD market has fees and is included in Coinmarketcap's volume calculations. The OKCoin.cn BTC/CNY market has no fees, and is excluded. Its volume is more than ten times higher than the market with fees today.
OkCoin Intl. BTC/USD $ 1,341,280
OKCoin.cn BTC/CNY $ 25,663,300 *
http://coinmarketcap.com/currencies/bitcoin/#marketsAny markets without fees are a joke for calculating volume from, and thankfully Coinmarketcap ignores them all.
Guess its okay to fake volume then. My bad, sorry.
374.
Post 12626396 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
https://www.reddit.com/r/IAmA/comments/3nu7gj/we_are_cameron_and_tyler_winklevoss_but_you/cvrbydg"So I don't usually buy my lunch with bitcoin because I'm worried that I'll be overpaying down the road so right now I'm holding my bitcoin."
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Post 12632692 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
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Post 12640063 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
5 hours since last trade on gemini
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Post 12674968 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
379.
Post 12682764 (copy this link) (by esse83) (scraped on 2020-04-04_Sat_14.27h):
China just sneezed..
