All posts made by Aby Normal in Bitcointalk.org's Wall Observer thread



1. Post 28701812 (copy this link) (by Aby Normal) (scraped on 2020-04-04_Sat_15.39h):

These youtube technical analysts experts are really pissing me off, now everyone knows BTC is going to 8k or even less and everyone will buy back right at the bottom of the dip and nobody will sell at the bottom at 8k or below, yeah right everyone will do well if they listen to those no-lifer high school dropouts that got an opportunity to actually have any audience once in their lifetime, got only one question for them - how long did the last flash crash last (july & september) and how big was the rise that followed after everyone bought theirs coins back?



2. Post 46472170 (copy this link) (by Aby Normal) (scraped on 2020-04-04_Sat_16.08h):

Quote from: Febo on October 03, 2018, 03:48:50 PM
This should pump up the price of BTC pretty fast when those who are wanting to buy this petro coin are needing bitcoin to do so on Nov 5.
https://www.reddit.com/r/CryptoCurrency/comments/9kzzgv/due_to_hyperinflation_venezuela_goes_full_on/

Man that coin is full on shit coin.  I hear gazilion news about it for a year and all I know is that is or will be issued on NEM.  I can check 999 coins how are issued where and where are traded and at what price are traded and I never heard of them. Of Petro I heard so many times but zero useful information. Zero.

It is really sad that first country that decided to give crypto a try did it so unprofessionally.

Maybe Petro is an utter bleepcoin and its prolly a bad investment but I will use it to send money to my girl there in Venezuela cos she's stuck there for two months already getting her papers done. Currently I'm using BTC for that but the rates on the street are total ripoff with 10-20% fees when buying or selling, they say that's because of hyperinflation and traders have to protect themselves with high fees. If Petro gets listed on any decent exchange I'll be able to send her money instantly without being robbed extra 20%, simply don't care what will be its price when buying cos she can use it there immediately, in a country hit by hyperinflation that's a blessing, as well as the fact that Venezuela would have fast and cheap international money transfers independent from the Central Bank. If the people in Venezuela start using Petro in theirs everyday activities, it would be a big victory for whole crypto world. I'm kinda confident that they will use it since many of them depend on help sent from friends and relatives living in other countries and Petro would be cheapest and fastest way to do that, also they are prolly one of the top crypto-educated nations atm.
If I was a bankster I would be very worried now because if that works out fine for Venezuela then some other countries would follow as well Wink



3. Post 46473297 (copy this link) (by Aby Normal) (scraped on 2020-04-04_Sat_16.08h):

Quote from: bitserve on October 03, 2018, 05:35:19 PM
(snip)

Venezuela would have fast and cheap international money transfers independent from the Central Bank. If the people in Venezuela start using Petro in theirs everyday activities, it would be a big victory for whole crypto world. I'm kinda confident that they will use it since many of them depend on help sent from friends and relatives living in other countries and Petro would be cheapest and fastest way to do that, also they are prolly one of the top crypto-educated nations atm.
If I was a bankster I would be very worried now because if that works out fine for Venezuela then some other countries would follow as well Wink
Right, but I can already hear the choir of bankster FUD.

"See what they got to? That country began going to the dogs the day they revoked concessions to the big corporations, and it was downhill from there. Now they even lost control of their own money. It's going to be a hemorrhage, I tell you. See that we never get to that!"


The moment it is evident your word is worth NOTHING no one will ever trust you anymore. The moment Venezuela started expropiating corporates and revoking concessions no one would invest any single penny on it. That's not a case of bankster FUD, it's just reality... would you invest in Venezuela?

Petro will go NOWHERE. Remember it is not exactly a decentralised crypto... it is controlled by the Venezuelan government. So much for trust, uh?

Unfortunately Venezuelan people as well as all other people in the world are obliged to use theirs official national currencies in their everyday life, of course its not decentralized nor it has any tech innovation, but at least they will be able to use CRYPTO for theirs everyday activities, millions will be paying bills and buying stuff with Petro since getting cash in fiat money there is really pain in the ... loses value between the time you earn some money and spend it, real problem of everyday life there that could be solved if Petro survives the bankers intervention which will surely come in all kinds of FUD and even the military intervention is not excluded if Petro becomes a danger for them...



4. Post 46902388 (copy this link) (by Aby Normal) (scraped on 2020-04-04_Sat_16.09h):

Massive USDT dump, on Bittrex USD/USDT market 1USDT is 0.9USD atm, was 0.97USD this morning, Kraken and Bitstamp have lower prices because they give real USD for BTC.