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



1. Post 6889267 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.46h):

Wait TERA is a woman?HuhHuhShocked



2. Post 6935955 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.47h):

Quote from: windjc on May 25, 2014, 07:59:26 PM
I guess whoever is trying to suppress the price at the moment doesn't care about being obvious. These walls on Stamp and Finex are the most obvious fake walls I have ever seen.

Is someone hoping their deposit lands in an account before the next leg up?
I think they are just trying to get a more healthy slower uptrend out of this rally (instead of going straight vertical). Which is better. Since we just left the downtrend, some folks are prone to press the sell button. A slower healthier rise attracts more people, leaves more bears trapped, makes everyone think twice about selling to rebuy cheaper.



3. Post 7045074 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.48h):

Quote from: SheHadMANHands on May 30, 2014, 10:29:58 PM
Wait, but I thought Professor Bitcorn said $10 by end of Q2?


hilarious, in a few months/years time we will have a LOOOOOONG list of bitcoin naysayers to troll hard  Grin



4. Post 7048374 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.48h):

Quote from: ChrisML on May 31, 2014, 03:45:06 AM
$20 dollar gap with BTC-E and Bitstamp.

Common you fools!
Shady anonymous exchange with price lower than any other site.
Aside from the priceless trollbox (you can read it anyway), why should one even trade there?



5. Post 7063699 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):




6. Post 7063746 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):




7. Post 7063833 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):

630 BLAZE IT FAGGOT



8. Post 7064659 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):




9. Post 7065186 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):

number of the beast on huobi  Cheesy



10. Post 7065228 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):

Quote from: ChrisML on June 01, 2014, 04:21:53 AM
This is insane.

Sorry. I am just flabbergasted at this moment. My long positions from $597,- screams: SELL ME SELL ME.

My mind screams: Hodl, bitch.
Dude, close it and put another one right away with higher leverage from the profits.

Win.



11. Post 7065239 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):

I remember the thread "is it me or bitcoin tends to gravitate towards 666?"

lol   we won't see these threads for a while.



12. Post 7081280 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):

chinese are eating too much fiber



13. Post 7082132 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.49h):

Quote from: shmadz on June 02, 2014, 12:58:16 AM
LOL day.

I can see the first dump at 683 (profit taking) but the lemmings who sold at less than 650 make me laugh.

 Smiley Wink Cheesy Grin Roll Eyes

There was no large "first dump" till $670, just small sells. Dumps started at $655 and down. Although they are still in profit by selling at $650  Wink

I should have said "first dumps" (plural).

Sure, people who sold at $650 still made a profit, but that's no big thing.

Most people here would make a profit selling at $200, wouldn't they?

Selling at the bottom of this minor correction doesn't make a lot of sense.

I'm hoping that buying at the bottom of this minor correction makes more sense..


670 to 675 range was holding as resistance for a while, (*cavirtex numbers and chart*) I'm hoping that it will now become support for the next leg up.



that's what I'm hoping anyways.
Bottomed out at yesterday's resistance. Spot on. I agree.

This is a excellent re-entry point.



14. Post 7098865 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

lol take this bears, suck it! Grin



15. Post 7099351 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

Quote from: aminorex on June 02, 2014, 11:40:14 PM
Quick poll:  Is there anyone here except MatTheCat, Jorge, Igorr who does not consider the log trendline to be indicative of future performance, and the price action of the past month or two to be reversion to the trendline?

i don't get it are you saying we broke the log trend?



16. Post 7099447 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

Quote from: Gingermod on June 03, 2014, 12:13:36 AM
We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.



WAT DOES IT MEAN




no time to explain get in!  it means moon!





17. Post 7100503 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

Quote from: hyphymikey on June 03, 2014, 02:06:28 AM
Ask depth to 700 is stacking up. The bigger walls the harder they fall.

What does this exactly mean? Ask depth and such..

onward movement towards 700? Or going lower?
It means he sold off at the bottom and now he is butthurt  Grin

eheh no but seriously, asks = sell orders, he is saying that sell orders up to 700 is stacking up.

Definitely didn't sell at the bottom. I'm all bull here if you haven't noticed.

I suspect some whale will buy his own coins to to start the "choo choo effect". It wouldn't be the first time.
I know I know i was just kidding  Smiley



18. Post 7102240 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

Quote from: TERA on June 03, 2014, 05:10:56 AM


BF
What is the purpose of styling the message like this?
it helps with the crazy panic buy euphoria



19. Post 7113890 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

double post



20. Post 7113911 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

Shroomkit bot is tripping balls on them shrooms!!!
gogogo lol



21. Post 7114594 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.50h):

we are stabilizing at a high price, this means only that a pump is next  Grin



22. Post 7171468 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.51h):

Trinagle on Huobi closing soon. Considering that we are in a long term uptrend (trend reversal), the weekly MACD crossing, the PayPayl/Ebay and the ECB negative interest rate news I would say up is the only way.








23. Post 7172241 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.51h):

Quote from: JimboToronto on June 06, 2014, 08:41:03 PM
blah blah blah
*FUD & fonzie images*


Getting old Fonzie.




Don't worry about the fonz, he's kiddin', he loves BTC!!





24. Post 7258707 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Today is the day the new weekly MACD candle will appear right?

What do you think will happen?
Will something happen? or still sideways?



25. Post 7258714 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Today is the day the new weekly MACD candle will appear right?

What do you think will happen?
Will something happen? or still sideways?



26. Post 7259219 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

what is happening at bitstamp is very fishy.



27. Post 7259391 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: esse83 on June 11, 2014, 09:40:06 PM
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.
Yeah of course, never left BTC in bitstamp. I use it only when I need to buy coins with fiat, but I transfer them immediately to Bitfinex.

If any of you guys have BTC in Stamp I'd take them out of there asap.



28. Post 7259527 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

I don't know if bitcoin might survive another goxxing (a stamping) :/

Let's hope for a FUD pre bubble crash though.



29. Post 7259569 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Guys, seriously, when things like this happen, take your BTC out of bitstamp now!
Nothing might happen but it's simply not worth the risk!!!


Put them on Bitfinex of BTC-E until things are a little clearer.



30. Post 7259612 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: dnaleor on June 11, 2014, 09:56:07 PM
why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...
Withdrawals invasive info requirements, price difference, unexplained dumps that other exchanges follow with a big delay.

It might be only FUD of course, but considering the potentially DRAMATIC consequences, is it worth the risk?



31. Post 7259637 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: Bagatell on June 11, 2014, 09:58:17 PM
why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...

u dont see the problem

its insider trading, for example stamp selling their own coins because they know something bad with their exchange will happen soon.

Quote
I'll try to answer here: we used to include Bitstamp orderbook into our own orderbook for liquidity purpose. In other words, we were arbitraging between our own platform and Bitstamp. However as we continue to grow we decided to slowly (and I insist on "slowly" Smiley withdraw this arbitraging program to let people do the arbitraging themselves. This is why you started to see a difference between the price on our platform and Bitstamp, as arbitraging for third parties is interesting only after a certain threshold (around 1% like now is not a very good opportunities).

http://www.reddit.com/r/BitcoinMarkets/comments/27vq6b/why_the_large_difference_between_bitstamp_and/ci533wg
I wouldn't count on that answer...
Too much fishy stuff going around with bitstamp lately...



32. Post 7259694 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: freebird on June 11, 2014, 09:59:30 PM
Early signs of other exchanges ignoring and becoming disconnected from stamp as they know that there is irrationality (read: inside trading) going on.

I've been seeing a lot of posts recently claiming that Stamp is going the way of Gox, etc. What is the basis for this claim? Just because the Stamp price is $10 lower than other major exchanges, or is there actually some real evidence to suggest that there's corruption or other problems going on at Stamp?
When there is EVIDENCE it will be already too late.  With Gox we didn't have clear evidence either...

Again, I don't think it will happen personally, but the signs are there...



33. Post 7259724 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Yeah Bitfinex might be a better choice than BTC-E, a very legit operation.
But for the time being I think anything is better than stamp.



34. Post 7259758 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: Bitcopia on June 11, 2014, 10:03:08 PM
just switched to btce from stamp.

Trust the unknown exchange instead of the one backed by a well known venture firm with more than $100MM invested in BTC and Bitstamp. Good choice.  Roll Eyes
With MtGox we had Roger Ver the bitcoin gazillionaire vouching for his friend Karpeles right before the fall...



35. Post 7260039 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: Bagatell on June 11, 2014, 10:07:43 PM
Yeah Bitfinex might be a better choice than BTC-E, a very legit operation.
But for the time being I think anything is better than stamp.

The bitstamp/bitfinex spread is getting huge. Very strange.

FFS!!

Quote
I'll try to answer here: we used to include Bitstamp orderbook into our own orderbook for liquidity purpose. In other words, we were arbitraging between our own platform and Bitstamp. However as we continue to grow we decided to slowly (and I insist on "slowly" Smiley withdraw this arbitraging program to let people do the arbitraging themselves. This is why you started to see a difference between the price on our platform and Bitstamp, as arbitraging for third parties is interesting only after a certain threshold (around 1% like now is not a very good opportunities).

http://www.reddit.com/r/BitcoinMarkets/comments/27vq6b/why_the_large_difference_between_bitstamp_and/ci533wg
Dude, we have seen that lol

The point is that this explanation doesn't account for the magnitude of the spread and the sporadical dumps that other exchanges don't follow as closely like they used to (they do that with a delay), like  derpinheimer pointed out.

I know that people have invested in Bitstamp, that it has been around blah blah, the point is that the signs are there, like they were there with gox. Considering you could lose a fortune for now just GTFO and run for your life until the situation gets clearer.

If you don't trust other exchanges and you don't wanna sell just put it in cold storage FFS!



36. Post 7260061 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: Bitcopia on June 11, 2014, 10:21:50 PM
just switched to btce from stamp.

and you trust those anonymous russians operating from bulagria more than known people?
 Roll Eyes

Known people including Pantera hedge fund.

Also, if Bitstamp was having problems, would you sell you BTC for fiat that is much more difficult to withdraw? No. Price discrepancy should be to the upside if people are panicking to get their money out.
Right before Gox halted withdrawals price began to gradually decrease for no apparent reason. I wouldn't count on that reasoning...



37. Post 7260157 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

For the millionth time guys, I personally think that a "stamping" is an IMPROBABLE scenario, I'm not trying to spread FUD, I'm just trying to convince people to play safe and not risk to lose a fortune for no reason other than laziness.



38. Post 7260274 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: Bagatell on June 11, 2014, 10:31:02 PM
I'm not trying to spread FUD

Then give us some facts.
I already did

-invasive info for fiat withdrawals, while other exchanges don't do such a thing
-delayed BTC withdrawals (it took me all day to withdraw the BTCs I bought two weeks ago)
-huge price difference
-sporadical dumps that other don't follow right away


Might be nothing in the end (as I said i don't think we'll see a stamping, but it's not worth the risk to keep btc there for now), but fishy.



39. Post 7260297 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Anyway, today we are supposed to see the weekly MACD candle right?



40. Post 7261832 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

Quote from: JayJuanGee on June 12, 2014, 12:51:41 AM
idk about you guys but i've been buying  Grin

You just told us to sell a couple of hours ago.    So, I was considering selling my whole stash based on your seemingly sage advices.

Did you drink all of the beer bits?
lol



41. Post 7271906 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.52h):

1000+ BTC instadumped on Bitfinex  Shocked Shocked



42. Post 7498364 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.54h):

This is bad, we are touching the Long term trend line at Stamp at 572 and nobody is buying wtf???



43. Post 7498404 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.54h):

Only a tiny 23 BTC buy and touching the long term trend line (stamp) what the fuck is happening to poor old BTC?  Cry



44. Post 7498559 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.54h):

Quote from: ShroomsKit on June 25, 2014, 12:09:13 AM
This is bad, we are touching the Long term trend line at Stamp at 572 and nobody is buying wtf???


Of course nobody is buying. There is a huuuge major event coming up that controls the whole market and could put us down by a massive amount.
I know about the silk road auction and I know that until the 27th we won't see huge spikes, I'm just saying that nobody seems to be defending the VERY important long term trend line. A Big dump could take us way below that trend line, which would be TERRIBLE for BTC.



45. Post 7499581 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.54h):

Quote from: shmadz on June 25, 2014, 12:41:26 AM
This is bad, we are touching the Long term trend line at Stamp at 572 and nobody is buying wtf???


Of course nobody is buying. There is a huuuge major event coming up that controls the whole market and could put us down by a massive amount.
I know about the silk road auction and I know that until the 27th we won't see huge spikes, I'm just saying that nobody seems to be defending the VERY important long term trend line. A Big dump could take us way below that trend line, which would be TERRIBLE for BTC.

I like lines!

which line were you referring to exactly?
Yes that one pretty much





If you draw the trend line with the two points at red arrows you would have predicted
1: the $340 crash bottom
2: confirmation of the trend reversal with the huge pump "out of nowhere"
3: bounce from the last 680-540 crash


that trend line



46. Post 7499626 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.54h):

Quote from: ShroomsKit on June 25, 2014, 12:51:37 AM
This is bad, we are touching the Long term trend line at Stamp at 572 and nobody is buying wtf???


Of course nobody is buying. There is a huuuge major event coming up that controls the whole market and could put us down by a massive amount.
I know about the silk road auction and I know that until the 27th we won't see huge spikes, I'm just saying that nobody seems to be defending the VERY important long term trend line. A Big dump could take us way below that trend line, which would be TERRIBLE for BTC.

And who is supposed that defend that (imo useless line)? The Bitcoin police?
Nobody wants to buy because everyone is shitting their pants because of a small auction. It's that simple.
The market itself should defend it, buyers and sellers.   That trend line is no bullshit, it predicted crucial points on the graph flawlessly and as long as we are in that trend line BTC is in a long term uptrend (from its creation pretty much).

I you think breaking that trend line is no big deal for bitcoin well i disagree completely.


Of course everyone is waiting for the result of the auction, but I would expect btc to not break that trend line at least BEFORE the auction lol



47. Post 7506134 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.55h):

Quote from: MatTheCat on June 25, 2014, 11:26:02 AM
did btc just fall below the very long term uptrend? :/

Yeah....and on low volume!
That's right, it's fucked up beyond belief IMHO. And all this before the actual auction, ouch  Embarrassed



48. Post 7506157 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.55h):

Quote from: ShroomsKit on June 25, 2014, 11:32:02 AM
I see it's tour de trolls again. We go down a few dollars and they pop up left and right.
What a sad fucking life.
Dude, it's not about a bunch of dollars, it's about BTC breaking that long term trend which never happened before and on low volume on top of that.



49. Post 7506333 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.55h):

Quote from: ShroomsKit on June 25, 2014, 11:39:23 AM
I see it's tour de trolls again. We go down a few dollars and they pop up left and right.
What a sad fucking life.
Dude, it's not about a bunch of dollars, it's about BTC breaking that long term trend which never happened before and on low volume on top of that.

Uh ok, if a line is so important to you then i suggest selling your coins.
A line that was able to predict with almost 100 accuracy the most important points of the graph (340 bottom, apparent trend reversal from 450 to 680, and last bounce at 540). That line IS important.



50. Post 7506385 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.55h):




51. Post 7556215 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.55h):

Quote from: shmadz on June 28, 2014, 12:20:21 AM
btc.sx <- is this ligit?

I read the FAQ, but I'm already drunk and I don't quite understand, but it seems legit.

plus it seems to be Bitcoin only, I haven't yet seen a deposit or even a balance for fiat. in fact, it doesn't look to have any ties on the customer end to fiat at all.

just plain old bitcoin betting  Grin

I'm seriously curious, has anyone tried this out yet?

Yes I've tried it and it's shit.

I mean technically is legit and all, it's not a scam per se, but the spread is astronomical and it is 1:10 leverage only. Meaning that if the price goes 10% against you (actually less, because of the spread) you get margin called.

Bitfinex is a lot better.

PS: oh, and if I remember correctly the fees are high AF too.



52. Post 7556464 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.55h):

Quote from: shmadz on June 28, 2014, 12:49:53 AM
btc.sx <- is this ligit?

I read the FAQ, but I'm already drunk and I don't quite understand, but it seems legit.

plus it seems to be Bitcoin only, I haven't yet seen a deposit or even a balance for fiat. in fact, it doesn't look to have any ties on the customer end to fiat at all.

just plain old bitcoin betting  Grin

I'm seriously curious, has anyone tried this out yet?

Yes I've tried it and it's shit.

I mean technically is legit and all, it's not a scam per se, but the spread is astronomical and it is 1:10 leverage only. Meaning that if the price goes 10% against you (actually less, because of the spread) you get margin called.

Bitfinex is a lot better.

Thanks for the input, much appreciated.

they have 1:5 and 1:2 now as well, but yeah, if the price goes against you, then you lost your bet, it sucks.

if the price goes in your favour, you win your bet and life is good again.

or at least that's how it seems to me, I kinda understand how margin works but I've never done it, so I think I should.

Oh, they added 1:5, 1:2 now? didn't know that!   Ok a little bit more fair now  Grin

Anyway, here's HITLER's opinion about BTC.SX  Grin Grin

https://www.youtube.com/watch?v=_kwnBdWxnCk



53. Post 7556482 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.55h):

Quote from: hyphymikey on June 28, 2014, 01:03:55 AM
Bitfinex never got an ID for my registration. Although I am not fully verified and I take my profits in bitcoin and they go straight to paper wallets monthly. Im sure to set up bank accounts and such requires ID but not for bitcoin/litecoin in and out only.
Exactly. You can trade at Bitfinex without disclosing any personal info. Only if you want to deposit or withdraw fiat you have to.



54. Post 7574440 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.56h):

Quote from: bigdave on June 29, 2014, 01:41:29 AM
next ATH 3000$ / BTC ? might be 10K for a bit who knows, all that's for sure is that we are headed up Up UP AND AWAY!


If we see those prices it won't be for a long time for sure.
i dont think so
6 maybe 10 months

If we see those kind of prices that soon I will shit myself but I just don't see it happening.
oh its happening

watch it live!


Volume is completely quiet.. Pitch me a new business, trading is boring in the bitcoin.  Altcoins get it done..

Being here taught me one important thing - never underestimate bitcoin Smiley

I've always been all bitcoin.. never into any alt coins although a friend did pitch a pretty convincing argument for cloakcoin. I may take a chance... a very small one.
I would suggest you look into Razorcoin instead, best anonymous coin out there yet (DRK, Cloack, Crypt and all the rest are not really anonymous). Always be careful with altcoins anyway.



55. Post 7582661 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_12.56h):

Quote from: shmadz on June 29, 2014, 01:43:25 PM
And now for something completely different

http://youtu.be/WMQg546agpU
lol awesome!



56. Post 7985631 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: Newbie1022 on July 23, 2014, 06:18:38 AM
The hell is wrong with these people with their graphs and lines that don't predict a damn thing. It is like those guys that predict the end of the world every year... when the world doesn't end instead of just saying they don't know what the hell they're talking about, they just beat the drum a little louder and suggest it will be the next year.

Listen, if you keep posting graphs that say there is going to be a breakout and there is no breakout or every time that you draw one you say the price will go up and it goes down (or vice versa) and you tend to be right only about 50% of the time... you prediction model ain't too good there slick. Maybe, just maybe, it's all bull---- akin to Tarot cards or them dot pictures that the psychiatrist asks you to interpret into a picture (Google appears to be telling me it is called a Roscharch test... I can neither confirm nor deny independently this fact, though, at this time).

Paul Giamatti as Joe Gould in Cinderella Man (2005) -- "Unbelievable bulls---!!"
Just because you can't use these tools or you never took the time to understand what they represent doesn't mean they don't work.



57. Post 7986987 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: ShroomsKit on July 23, 2014, 02:11:52 PM
The hell is wrong with these people with their graphs and lines that don't predict a damn thing. It is like those guys that predict the end of the world every year... when the world doesn't end instead of just saying they don't know what the hell they're talking about, they just beat the drum a little louder and suggest it will be the next year.

Listen, if you keep posting graphs that say there is going to be a breakout and there is no breakout or every time that you draw one you say the price will go up and it goes down (or vice versa) and you tend to be right only about 50% of the time... you prediction model ain't too good there slick. Maybe, just maybe, it's all bull---- akin to Tarot cards or them dot pictures that the psychiatrist asks you to interpret into a picture (Google appears to be telling me it is called a Roscharch test... I can neither confirm nor deny independently this fact, though, at this time).

Paul Giamatti as Joe Gould in Cinderella Man (2005) -- "Unbelievable bulls---!!"
Just because you can't use these tools or you never took the time to understand what they represent doesn't mean they don't work.

They don't work. As the last 6 weeks clearly showed. They only "work" when you look back and look for a pattern that confirms what you're looking for in the first place.
Absolutely not. I predicted (and others did the same) the confirmation of the trend reversal with the sudden jump from $450-$680 before it happened with almost perfect accuracy. Nothing hard really.
I did the same thing with the $340 bottom which was very predictable looking at these types of trend lines (but didn't post it here, I wasn't posting much back then):

Quote from: Wandererfromthenorth on May 13, 2014, 03:19:52 AM
this is my take:





As you can see the line that is at around 420 now has always been very strong support, the only time it went down it was in anticipation of terror from china, and a excellent opportunity to get the cheapest BTC possible before the trend reversal approaching.

Around April 17th we almost had a breakout but we didn't get past the superior trend line (548 back then), but volume was not big enough to signal a true breakout and there still were lots of uncertainties about China.



Situation in China seems better now, with exchanges considering offshore and what not, new recharge options, etc.
We could have had another flash crash one week ago before the deadline, but the catastophic shitstorm just didn't come.  
In order to go break the 420 inferior support line for any significant amount of time it would take a cataclysm of terrible news regarding china that at this point is simply not gonna happen.


And besides, people forget that big money from the west (remember bloomberg listing btc?) could easily replace china (which is gonna find loopholes to stay in the game anyway, if you think chinamen are just gonna say bye bye to bitcoin well think again).



Quote from: chessnut on May 14, 2014, 12:24:02 AM









58. Post 7987079 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

"They don't work. As the last 6 weeks clearly showed."
Why do you say that? What in the past 6 weeks was that unexpected?
All the past months showed that the BTC market is really predictable (at least for the major most profitables trades).



59. Post 7987267 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: empowering on July 23, 2014, 02:38:29 PM
The hell is wrong with these people with their graphs and lines that don't predict a damn thing. It is like those guys that predict the end of the world every year... when the world doesn't end instead of just saying they don't know what the hell they're talking about, they just beat the drum a little louder and suggest it will be the next year.

Listen, if you keep posting graphs that say there is going to be a breakout and there is no breakout or every time that you draw one you say the price will go up and it goes down (or vice versa) and you tend to be right only about 50% of the time... you prediction model ain't too good there slick. Maybe, just maybe, it's all bull---- akin to Tarot cards or them dot pictures that the psychiatrist asks you to interpret into a picture (Google appears to be telling me it is called a Roscharch test... I can neither confirm nor deny independently this fact, though, at this time).

Paul Giamatti as Joe Gould in Cinderella Man (2005) -- "Unbelievable bulls---!!"
Just because you can't use these tools or you never took the time to understand what they represent doesn't mean they don't work.

They don't work. As the last 6 weeks clearly showed. They only "work" when you look back and look for a pattern that confirms what you're looking for in the first place.

I disagree- has worked very nicely for me for the past 15 years or so- I will take that.

There is no such thing as prediction...

There is such a thing as tools to aid in decision making

I do not get what is so hard to understand tbh.

oh well



I'm talking about Bitcoin land. I can't say anything about how they worked in other markets for you.
Funny gif btw.

As an indicator in BTC they work well to aid in decision making... did you notice that weeks ago BEFORE it happened I posted sp and rs levels , and note that I had been absent for almost half a year, but then I decided to post just as it stabalised and I noted that sp levels 609 was important as far as I saw it... and I would be paying attention if we went to it or past it, or bounced off it..we did, and I also posted fib levels 601 below it, 609 , 614, then 929- ans since I posted that (not a prediciton but tools I was using to see what is happening) we have bounced MAINLY literally inbewteen
614-629 - If I was one of those day traders/dumpers that you hate so much I could have had a field day past 3 weeks... really and that is the fact of it...  we have not gone lower that 601- and we have touched 629 and bounced off it in a very clear fashion...  if I was of the mind to swing trade and buy and sell at 614- 629 on leverage I could have had a field day -and I had a pretty good idea, this was going to be the case and that we were going to start to consolidate and swing between those ranges...  now if it is not good enough that I posted these levels BEFORE it happened then fine...  it is not as if I posted those levels AFTER it happened , which you seem in infer is the only way TA "works"  now, I am aware and very much expecting a break out , and soon one way or another- note I am not predicitng which way- but I do have a visualisation of how low we have probability to go , or how high- and from there if I so choose I can then dial that in with my risk assessment, and banking strategy and start to make desicions... if that was my bag- which it is not (I do not day trade,short or go margin BTC)  but if it were I would almost always come out better
by using TA to access probable, and that is a key word probable entry and exit points - only coupled with risk and banking strategy...
The alternative is to point and guess...gut feeling  which I know from testing over the years does not work too well.

That being said nothign works all of the time... at all, and some may say it does not give any edge at all- for me TA along with risk and banking strategy is tool to help make decisions and visualise the market, and make trading decisions without EMOTION especially when the market moves quickly.  

Also if you accept that many many traders use TA, and fib levels etc and many robots and algos too- then there is an edge to be had because there is a certain amount of the market that 100% DO use these tools in almost a self fulfilling prophecy- that if you are LESS greedy than te other using the same tools , there are consistent profits to be made.

Once again, this is not prediction- it is a tool, and used in the right manner- it is effective in my humble opinion.

Thanks TMcK was the man.  
 
I think when using TA with Bitcoin one must use the most basic stuff like trend lines, past support/resistance levels, volume, instead of the most sophisticated indicators which can be helpful for experts but can become not so efficient predictors and they don't create the self-phulphilling prophecy scenarios of the more basic stuff like trend lines.



60. Post 7989414 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: Newbie1022 on July 23, 2014, 04:41:37 PM
Yay!!! I set off a s--- storm before going to sleep. What a delightful thing to wake up to. Anyhow, them graphs and lines (technical analysis) don't work for s---. No, it isn't because I haven't learned how to use and appreciate the inner-beauty of graphs and lines. Part of me just wants to say it is simply because the s--- is useless and akin to interpretive dance on paper. But, I suppose in some markets it will tee you off trend... Here, however, with the volume fluctuations, the sensitivity (and recently changing sensitivity) of the market to outside forces and news, and other non-traditional behaviors of niche market v. established market participants... the f---ing lines are meaningless. Got it. You peeps keep posting groovy looking graphs and sometimes two people will say a graph says the price is going to $5000 and another two people will say that the graph says the price is going to zero and low and behold the price stays the exact f---ing same. It's funny, but Jesus.
Dude, I just posted the only prediction I made (along with another member that posted a even better graph) in the past for BTC that came true with perfect accuracy that predicted a sudden shift in price that some people with no knowledge of the very basics of TA were surprised about.
I don't know why the hell would you say that that accuracy was pure coincidence. It's basic stuff really.

Are you telling me that price fluctuations in BTC are always 100% unpredictable to you?
Nobody said that TA can predict the exact shape of the BTC graph, but it can predict major moves with sometimes almost perfect accuracy like I just showed you, and if not, they are still buy/sell reliable indications of the market participants' intentions.

The forces you are talking about are priced in and don't contradict at all the basic TA I'm talking about here.


Again, the people here saying "your lines are meaningless" seriously haven't even looked into it not even for one second.
Sometimes they do that to justify their complete lack of trading skills. "It's not my fault I lose money, that BTC price shit does whatever it fucking wants!"
Other times it's just people laziness.



61. Post 7989600 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: Newbie1022 on July 23, 2014, 05:11:27 PM
Yay!!! I set off a s--- storm before going to sleep. What a delightful thing to wake up to. Anyhow, them graphs and lines (technical analysis) don't work for s---. No, it isn't because I haven't learned how to use and appreciate the inner-beauty of graphs and lines. Part of me just wants to say it is simply because the s--- is useless and akin to interpretive dance on paper. But, I suppose in some markets it will tee you off trend... Here, however, with the volume fluctuations, the sensitivity (and recently changing sensitivity) of the market to outside forces and news, and other non-traditional behaviors of niche market v. established market participants... the f---ing lines are meaningless. Got it. You peeps keep posting groovy looking graphs and sometimes two people will say a graph says the price is going to $5000 and another two people will say that the graph says the price is going to zero and low and behold the price stays the exact f---ing same. It's funny, but Jesus.
Dude, I just posted the only prediction I made (along with another member that posted a even better graph) in the past for BTC that came true with perfect accuracy that predicted a sudden shift in price that some people with no knowledge of the very basics of TA were surprised about.
I don't know why the hell would you say that that accuracy was pure coincidence. It's basic stuff really.
Are you telling me that price fluctuations in BTC are 100% unpredictable to you?


Nobody said that TA can predict the exact shape of the BTC graph, but it can predict major moves with sometimes almost perfect accuracy like I just showed you.

The forces you are talking about are priced in and don't contradict at all the basic TA I'm talking about here.


Again, the people here saying "your lines are meaningless" seriously haven't even looked into it not for one second.
Sometimes they do that to justify their complete lack of trading skills. "It's not their fault, that BTC price shit does whatever it fucking wants!"
Other times it's just people laziness.

Hey, I am not picking on individuals -- well, maybe Empowering a bit because he decided to try to pick an argument over it. If your graph is right (and was right beforehand rather than to support some post-hoc rationalization) then I am happy for you. In this specific market, to be frank, I get a lot more out of order book balances and volume than a bunch of squiggly lines on a computer screen (I guess you could always convert the data into squiggly lines if you were so disposed, but that's neither here nor there) -- again, the non-snarky reason is that there is absolutely nothing wrong with your (broader you, not you specifically) technical analysis at all, but rather this is an atypical market.
It's interesting you say that because even if from my observations the BTC markets are very different from forex and stocks (and here I agree with you), they are a lot more predictable really (for a whole bunch of reasons).
Also, order books are full of manipulation especially in the unregulated BTC market. Their observation alone can hardly predict major moves from what I have seen.

I used to look majorly at order books for BTC trading, but when I realised that I was supposed to zoom out the graph a whole new world was open for me, and it's not even that difficult to fully apply that approach to your trading strategy.

If your approach works for you everything's fine, but I would suggest you give those "squiggly lines" a try (in the end a major part or those is self-fulfilling prophecy, and that's why they work with sometimes great accuracy), you might be surprised to how simple BTC trading (and more relaxed) can become.





62. Post 7990072 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: ChartBuddy on July 23, 2014, 05:59:06 PM
Are you ready?
Holy shit!



63. Post 7990146 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: ChartBuddy on July 23, 2014, 05:59:06 PM
Are you ready?
Are you implying the bubble starts the 24th?

If yes I might agree  LOL Grin


https://bitcointalk.org/index.php?topic=706194.0



64. Post 7990999 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: JayJuanGee on July 23, 2014, 07:04:13 PM
Are you ready?
Are you implying the bubble starts the 24th?

If yes I might agree  LOL Grin


https://bitcointalk.org/index.php?topic=706194.0

It's more in fun than anything but I won't deny I'm hoping it's true Cheesy

it might be happening now actually.



The 24th was supposed to be the new ATH (NOT the start of progression towards the new ATH).  Accordingly, short of some kind of miracle, we are NOT going to see a new ATH on the 24th... In my humble bumble opinion, it seems nearly impossible to get from here ($622) to a new ATH ($1,200 +) in less than 48 hours.
Who said that?



65. Post 7993107 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: wachtwoord on July 23, 2014, 09:01:27 PM

This kind of graph won't help us, we are really lacking on Volume, without volume we will not going anywhere.

I am really surprise to see whales are sleeping last 2-3 weeks.

yes, when the volume reaches it's lowest point is exactly when we'll be going places.
Exactly, right before a breakout volume is supposed to dry up. A good sign. Just check for high volume at the moment of the breakout so that it is confirmed.



66. Post 8001730 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Huge drop, wow.  Wasn't expecting that to be honest



67. Post 8001843 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: marcus_of_augustus on July 24, 2014, 12:10:18 PM
disturbance in the aether ...
Indeed my padawan, there is a disturbance in the force  Lips sealed




68. Post 8004650 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

No buying going on whatsoever, low volume, BTC markets are in trouble.
I am going to take a break from this shit and see where we are in a few days.



69. Post 8004960 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: deadley on July 24, 2014, 03:34:25 PM
This is trouble. Imma take a break from this shit and see where we are in a few days.

lol, this thread become entertainment thread for  some people , they just come here to enjoy and take some humorous advice.
what?



70. Post 8008189 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

This is very bad, we are breaking a lot of long term trend lines and no real buy support. low volume.
jesus balls dude, with all the good news lately I was expecting a breakout UP not DOWN!!

lol DAFUQ is happening?  Huh



71. Post 8008236 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

And still a lot of BTC longs on bitfinex... don't think will happen (not much market participation), but if we turn into panic mode this cold be the biggest long squeeze in BTC history  Sad



72. Post 8008294 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.00h):

Quote from: Dotto on July 24, 2014, 07:34:36 PM
And still a lot of BTC longs on bitfinex... don't think will happen (not much market participation), but if we turn into panic mode this cold be the biggest long squeeze in BTC history  Sad

To be honest, I will love to see that squezzing btc juice. And them choochoo, of course  Grin
Yes at this point me too, but the low volume is even more worrying lol



73. Post 8092024 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.01h):

Quote from: esse83 on July 29, 2014, 09:45:16 PM
This is the latest update from the willy report, please read it.

Quote
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.
This update doesn't add anything new and still doesn't show any proof whatsoever.

Also, the primacy of Gox is not true. Especially during the last bubble to $1200 Gox was becoming less and less relevant and with pathetic volume, while the chinese at BTC China started throwing hundreds of thousands into BTC.

Some argue that the major cause of the november bubble was basically the chinese and their trillion dollar shadow currency speculation game finally entering the BTC market, but no, now we are supposed to believe that a single bot on a single exchange with dead volume compared to Bitstamp was the major cause just because some dude on the internet without concrete proof (at least for his conclusions) told us so.

Maybe the BTC price IS a bubble and will collapse, but for other reasons (chinese pumping and dumping it, various problems, early adopters exiting etc) not because of a single bot on a single exchange.



74. Post 8119682 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Nice price action going on at Huobi right now.

Going up from here? Who the hell knows.
Myabe the whales were trying to squeeze the longs with all this dumping, and now that we have a few shorts open (http://www.bfxdata.com/combined/btc.php), they wanna squeeze them too.



75. Post 8119908 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Can Argentina news create a self fulfilling prophecy effect and moon the BTC price like what happened with Cyprus?  I think so Smiley
BTC needed just that kinda push



76. Post 8135542 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: Dotto on August 01, 2014, 12:44:57 PM

lmao



77. Post 8138196 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

I have a nice long in profit sitting at Bitfinex that I can hold for a while, I would like it to be my first class ticket to the next bubble, that would be great Grin



78. Post 8138246 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: ChartBuddy on August 01, 2014, 03:59:57 PM

Explanation
That looks pretty good



79. Post 8139404 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: adamstgBit on August 01, 2014, 04:38:40 PM
weird thing is Bitfinex shorts seems to have shot up from 3.5k to nearly 5k and longs are down nearly 1m from a day ago

this is good. very good.
Yeah, if some bull whale just decides to go nuts they will get squeezed real good.  "IF"
We can holy hope  Grin



80. Post 8139454 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Also, the facts that longs are not increasing that much might be a very good sign, the buys are actual BTC being bought and not like the $450 to $680 rise we saw around the 20th of April, which was a "false rise" made mostly out of lot of longs that had to be closed eventually"
Maybe the biggest whales are finally starting to buy their BTC back since selling them all at the top of the bubble and all the way down  Grin

We'll have so see what happens next to confirm anything.



81. Post 8139505 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: adamstgBit on August 01, 2014, 05:24:29 PM
support is looking damn strong again. looks no one will be allowed to pass <600


Current market conditions:




Can't see the image  Lips sealed

Edit: aight now i see it lol



82. Post 8142196 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

The huge buy wall on huobi is real, it has been there for hours, the bears don't have the balls to exit in that wall.



83. Post 8142223 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

comon bull whale you can squeeze all of them pretty easily, do it!! lol



84. Post 8142231 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: hdbuck on August 01, 2014, 08:52:56 PM

amazing gif



85. Post 8150310 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

mmh doesn't look healthy. maybe this rise was just a bulltrap... or maybe whales just want to egg the market in opening more shorts so they can squeeze them... who the hell knows!

it just looks like it wants to go down... whale intervention aside  Sad



86. Post 8153759 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Ok, i think we can safely say this was a failed BTC rally. The only thing that can change the situation is a huge bull whale intervention that is going to squeeze all the shorts. Probably not gonna happen.


It appears we have a lot more of consolidation for BTC ahead of us. Like a lot of it.
Not big moves for a few weeks or months IMHO, sadly.



87. Post 8166236 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Shorts are at 1 month high:
http://www.bfxdata.com/combined/btc.php
A lot of bears around. But as always if we go higher it could mean short squeeze.


We bounced off at a 50% retracement of this $560-$605 rally.  Maybe the rally wasn't a fail after all. Let's see.
Watching these levels closely  Wink



88. Post 8166249 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: hdbuck on August 03, 2014, 02:25:09 PM
past/present/future.. whatever
 
Strangely this gif perfectly describes my reactions to BTC whatever its price does lol



89. Post 8181922 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

The highly anticipated epic short squeeze incoming? Or naht?

Shorts are just going higher and higher  http://www.bfxdata.com/combined/btc.php



90. Post 8182161 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Soon:
Torero = Shorters /// Bull = BTC Bulls?









Naahh just kidding I don't know what will happen  Grin



91. Post 8182740 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: Sandia on August 04, 2014, 03:40:02 PM
There are 10X more leveraged longs than shorts.

http://www.bfxdata.com/sentiment/longshort.php
No this is not the chart you are supposed to look at. Your chart shows the amount of money people earn from USD swaps and BTC swaps respectively. The average swap interest rate for USD is 0.12% and for BTC swaps it is 0.005%!!
That explains the difference in your chart, but it doesn't represent the quantity of longs VS shorts.

The chart you are supposed to look at is this (the second one from the top):
http://www.bfxdata.com/combined/btc.php

You can see that the total active BTC Swaps (shorts) are very high and the total active USD swaps (longs) is currently low.
A lot more shorts than longs  Wink



92. Post 8183691 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.02h):

Quote from: bjornw on August 04, 2014, 04:43:56 PM
There are 10X more leveraged longs than shorts.

http://www.bfxdata.com/sentiment/longshort.php
No this is not the chart you are supposed to look at. Your chart shows the amount of money people earn from USD swaps and BTC swaps respectively. The average swap interest rate for USD is 0.12% and for BTC swaps it is 0.005%!!
That explains the difference in your chart, but it doesn't represent the quantity of longs VS shorts.

The chart you are supposed to look at is this (the second one from the top):
http://www.bfxdata.com/combined/btc.php

You can see that the total active BTC Swaps (shorts) are very high and the total active USD swaps (longs) is currently low.
A lot more shorts than longs  Wink

Actually both charts display more or less the same information. The big difference between the 2 is that the short positions (i.e BTC+LTC swaps opened / total sum of swaps in BTC and LTC ) in the http://www.bfxdata.com/sentiment/longshort.php charts are represented in USD Value so you can compare the absolute value of long vs short positions. The charts on http://www.bfxdata.com/combined/btc.php can be a bit misleading as you are comparing charts in different scales (5k BTC vs 30 000k USD) Sandia is actually correct in observing there are ~10x more long positions (29.8 million USD worth long Swaps vs 3.6 Million USD worth BTC+LTC short Swaps)

To make things clear, I'm the creator of the charts so I'm quit sure this is the way you should read the charts Wink
Oh ok, thank you for the clarification! I see now.
Learned something today  Grin



93. Post 8261453 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.03h):

Next week should be interesting
Around the 14th-21th August we will be at a breakout point. Great opportunity to make a profitable trade by buying or selling if we breakout or break down



94. Post 8261478 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.03h):

Quote from: molecular on August 09, 2014, 09:06:32 AM
Next week should be interesting

been hearing that since beginning of the year basically ;-)

By interesting I mean a major move, not necessarily a major move up Smiley














95. Post 8261512 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.03h):

Quote from: molecular on August 09, 2014, 09:06:32 AM
Next week should be interesting

been hearing that since beginning of the year basically ;-)

By interesting I mean a major move, not necessarily a major move up Smiley

Two weeks ago was another great breakout point, and we broke down, so if you would have sold as soon as we started to go down, you would have made a great trade Smiley
I am looking to do the same next week. Waiting if we breakout or break down and buying or selling accordingly Smiley














96. Post 8262384 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.03h):

Quote from: JayJuanGee on August 09, 2014, 10:39:27 AM
I hope it goes to 470 to give a gleaning point.

As much as I'd hate to see Bitcoin go to the $400s again, I also think that this would we a much needed fresh start, to be honest... Although I'd much rather see a nice breakout from where we are now, to up north!

Maybe we are stuck in this upper $500s to lower $600s for a reason  - and that is that there is just NOT enough people willing to sell into the lower $500s anymore... and in that regard, it just does NOT seem too likely that BTC prices are going into the lower $500s anymore absent some pretty big time negative news.

I mean, I do NOT even know where Risto is getting this $470 from .. or even imaginging that $470 is possible... Maybe he is just saying $470 to troll us - b/c he really does NOT believe $470 is in the realm of real probabilities?
Look at my pic. If we fail to breakout next week a fall into the 460-470 is possible. Not right away (it will bounce here and there at various support points), but in a few weeks time probably will.
If we fail to breakout next week that is.


Fundamentals: recent news were good (Dell, etc), but I'm afraid the Bitlicense might have scared a lot of people.
Also, the volume during the june rebound was generally low and it was all kinda weak.
Next week we'll see.



97. Post 8328487 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.04h):

Quote from: freebit13 on August 13, 2014, 11:03:27 AM
For every sale, there's a buyer, a few thousand coins just changed hands... do you all think it's some noobs sitting around that decided to buy today and just got suckered on the way down?
Yes. for the most part.
At least for now.



98. Post 8344746 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.04h):

The time to buy will probably be at around $500 or a little bit less, maybe even $460-$470.



99. Post 8346373 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.04h):

Quote from: Wary on August 14, 2014, 09:45:20 AM
WTF? Is this anoncoin really grew 100x-fold? Or it's just a bug?


A glitch, it didn't even move


https://www.cryptsy.com/markets/view/66



100. Post 8347447 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.04h):

Quote from: esse83 on August 14, 2014, 11:04:23 AM


 Cheesy

...and that dream of living in a van down by the river can be yours!
pretty much lol



101. Post 8348960 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.04h):

aaaaand as soon as USA wakes up, china begins dumping round 2. They might start to panic sell, and looking at this whole situation they should.



102. Post 8349556 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.04h):

Quote from: Heartbit.io on August 14, 2014, 02:00:33 PM
Bitfinex is leading the volumes and the price. If bitfinex price goes under 500 bitstamp & other will follow
heartbit.io/app



Huobi has more volume than Bitfinex though.   It's China that leads other exchanges mostly.



103. Post 8352140 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Chinese are actively buying right now, weird, I would have e expected a little weaker rebound



104. Post 8357290 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: adamstgBit on August 14, 2014, 11:17:54 PM
I really dont care anymore for some late ebay, amayon or other merchant adoption.

as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.

yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.
Gotta quote that.




105. Post 8367041 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: fonzie on August 15, 2014, 02:15:15 PM
Talking about gambling addiction. I´m leveraged long LTC/BTC + BTC/USD  Wink Smiley
I seriously suggest you put really tight stops...



106. Post 8367278 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Bitfinex margin calls FLASH CRASH to $1 in 3... 2... 1...



107. Post 8367292 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: inca on August 15, 2014, 04:09:18 PM
Anyone momo selling now is quite literally a moron
Yes because he should have sold ages ago. Going much lower.



108. Post 8367499 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: skivrmt on August 15, 2014, 04:19:59 PM

Usually a chart like this is fairly bullish.  Very strange, the wave keeps going the other way "against" gravity...
IT's not bullish because people don't bother putting sell orders they just market dump, that's why the ask looks like that.



109. Post 8367534 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: hyphymikey on August 15, 2014, 04:26:15 PM
Bitfinex margin calls FLASH CRASH to $1 in 3... 2... 1...

They have already implemented features to prevent this... sorry
Well the flash crash that we just saw yesterday to $450 was just basically that.



110. Post 8367715 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: hyphymikey on August 15, 2014, 04:31:55 PM
Bitfinex margin calls FLASH CRASH to $1 in 3... 2... 1...

They have already implemented features to prevent this... sorry
Well the flash crash that we just saw yesterday to $450 was just basically that.

Yes that was the implementation working. I have many open longs, 2 of which should have closed around 460 and they did not. Therefore a flash crash of closing longs will not happen. The crash to 451 was sells not cascading margins.
http://www.matlabtrading.net/main/2014/08/14/bitfinex-margin-call-cascade-algorithm-explained/

There was suddenly a huge difference between Bitfinex and Bitstamp and all the other exchanges, I don't know what happened with your longs but that was definitely a cascade of stop losses being triggered.



111. Post 8367823 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: Blitz­ on August 15, 2014, 04:42:51 PM
There's a simple question: If over the course of a couple weeks, supply (BTC) increases and demand (USD) decreases, would you have us not adjust prices because that would be "manipulation"?

Also, if manipulation is so easy, why aren't the Winklevosses or other large holders who are no longer accumulating doing their own manipulation upwards?

It's really getting pathetic, guys.
"Manipulating upwards" like you say would not be really profitable for them right now tbh.  What is the point of eating asks and asks when you can almost double your whole stack of BTCs rebuying lower?    

I agree with you though, what we are seeing is mostly lack of new fiat. I don't buy this whole "it' all manipulation guys!" mentality either.
But I also think that to sparkle the new rally is not about the average joe setting an account at Bitstamp and buying some, it's about the whales, and traders who still have a lot of fiat accumulated from the bear market.
If there is a rally and we start to go to new highs, the media will talk about bitcoin, the whole mania phase will begin AND THEN you will see new average joe money (in mass quantities)



112. Post 8367956 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: Blitz­ on August 15, 2014, 04:51:16 PM
There's a simple question: If over the course of a couple weeks, supply (BTC) increases and demand (USD) decreases, would you have us not adjust prices because that would be "manipulation"?

Also, if manipulation is so easy, why aren't the Winklevosses or other large holders who are no longer accumulating doing their own manipulation upwards?

It's really getting pathetic, guys.
"Manipulating upwards" like you say would not be really profitable for them right now tbh.  What is the point of eating asks and asks when you can almost double your whole stack of BTCs rebuying lower?    
And how would they "double their whole stack" if the Winklevosses are holding 6 digits of Bitcoin? Yes, they have 100k BTC. What's on the exchanges is absolute peanuts to them. They have no more interest in accumulating more since they bought it all at double digit prices.
I said "almost" double.
Who is talking about the Winklevoss? I think they have better things to do than just sitting at a computer screen watching bitcoinwisdom.     I'm talking about random whales. Greedy nerds, hackers, early miners, pietilas and whatever

"They have no more interest in accumulating more since they bought it all at double digit prices"

How do you know that?   Whales want to get fatter and fatter, do you think all BTC huge whales are like "we have enough, let's just HODL now" if the price is so easily manipulated (order books are peanuts for them like you said)?


PS: Again, i said i don't believe this downtrend is mostly manipulation, i don't think it is.   It's a bunch of different factors and manipulation is just one of them.



113. Post 8368057 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: Searing on August 15, 2014, 05:01:40 PM
BUY NOW or wait for lower prices and BUY

this place is great...it is like watching a bunch of Jesuits (hold) argue with a bunch of Buddhists (let it all go...liberate your ego)....

heh.....well one side or the other is right time will tell I guess

Searing

I just see people scream others what to do like their words have an influence on the price  Cheesy Cheesy



Yes BTC is falling, by the look of things it might go lower.  No that doesn't necessarily mean it's over, but it could  Cheesy




114. Post 8368091 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: Blitz­ on August 15, 2014, 05:03:49 PM
The truth is, at every large sell, you'll be hearing manipulation screams here. So what are "legitimate" sells? Bitfinex pigs getting slaughtered to the tune of 8 million USD within 2 days so far is manipulation I guess?

That's enough of me pissing against the wind, oda. Tongue
Dude, I said I agree with you, this is not just a "conspiracy, thank you for cheap coinz suckaz lool"  situation.
"Manipulation" is not the major reason why there is this downtrend.

But if you think Bitcoin is not HEAVILY manipulated (both down AND up) you are just out of your mind.



"Bitfinex pigs getting slaughtered to the tune of 8 million USD within 2 days so far is manipulation I guess?"
Well that would be the point Tongue
But as I said, it's not mostly "manipulation".



115. Post 8368155 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: Spaceman_Spiff on August 15, 2014, 05:06:20 PM
The truth is, at every large sell, you'll be hearing manipulation screams here. So what are "legitimate" sells? Bitfinex pigs getting slaughtered to the tune of 8 million USD within 2 days so far is manipulation I guess?

That's enough of me pissing against the wind, oda. Tongue

True , crying manipulation whenever the price isn't going the way you want it to is just plain stupid.
Agreed.


PS: Bitcoin and altcoins are two separate universes, never compare the two, apples and oranges.



116. Post 8368234 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: hdbuck on August 15, 2014, 05:11:54 PM
The truth is, at every large sell, you'll be hearing manipulation screams here. So what are "legitimate" sells? Bitfinex pigs getting slaughtered to the tune of 8 million USD within 2 days so far is manipulation I guess?

That's enough of me pissing against the wind, oda. Tongue

True , crying manipulation whenever the price isn't going the way you want it to is just plain stupid.
Agreed.


BS its manipulation all over ups and downs. good part is bitcoin is set to succeed. but still.. freaking manipulation. now deal with it. embrace it.
Exactly, what doesn't make sense is screaming "manipulation" just because you don't want to see red candles because you are an lazy HODLER.

Observing and understanding that a very good portion of the BTC market is pure manipulation by whales BOTH UP AND DOWN is just not being blind.



117. Post 8368365 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

If you think the BTC price is just the "invisible hand" of buyers and sellers without any manipulation or whale intervention  want you are just naive.


But that doesn't mean that "is all manipulation, BTC to 1 trillion tomorrow".



118. Post 8368411 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Is it so difficult to understand that this downtred is both natural market behavior because of various factors AND huge manipulation by whales "while we're at it"?



119. Post 8368485 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: Schickeria on August 15, 2014, 05:24:51 PM
I think I should go out here. It's really turning heavy pathetic.

Ciao :-)
Why, explain?



120. Post 8368505 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: adamstgBit on August 15, 2014, 05:28:40 PM
Is it so difficult to understand that this downtred is both natural market behavior because of various factors AND huge manipulation by whales "while we're at it"?

Thats the thing, manipulators taking advantage when they can. market isn't exactly confident, hasn't been for months, now is the time to do this and its being done...

Yes.


To answer the poll:


"Is the BTC market being manipulated down RIGHT NOW"?
Yes


"Is it the main factor why we are going down?"
No



121. Post 8381181 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

I think we already reached the bottom, what y'all think?   https://bitcointalk.org/index.php?topic=741715.0



122. Post 8381554 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: Xer0 on August 16, 2014, 01:53:11 PM
but its not the bottom yet
I think the bottoms are in, we might revisit them but not lower for now IMHO.
Just be careful selling near the bottoms that we have already seen.



123. Post 8387936 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

Well, if this is a dead cat bounce it sure doesn't looke like it so far.


Told y'all fuckers we reached the bottom. Grin Grin



124. Post 8388013 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.05h):

If you predict a BTC drop and you sell and short to rebuy lower at your expected targets and people start to post pics of sinkings ships practically only when you reach the targets, you know it's time to buy back  Grin Grin



125. Post 8398146 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: roslinpl on August 17, 2014, 01:31:41 PM
Damn it was already >$520 and so many people told "We will never see <$500 again"....

and what now? Smiley

Damn with those dumpers and bears..
Usually you shouldn't listen to people that tell you "We will never see < or > $XXX again"....



126. Post 8398258 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Whatever will happen it is interesting to note that shorts at Bitfinex are increasing a lot again:

http://www.bfxdata.com/combined/btc.php



127. Post 8398284 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Whatever will happen it is interesting to note that shorts at Bitfinex are increasing a lot again:

http://www.bfxdata.com/combined/btc.php



128. Post 8398628 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: Torque on August 17, 2014, 01:55:12 PM
Damn it was already >$520 and so many people told "We will never see <$500 again"....

and what now? Smiley

Damn with those dumpers and bears..
Usually you shouldn't listen to people that tell you "We will never see < or > $XXX again"....


Ummm... didn't YOU just say that yesterday was the bottom?

https://bitcointalk.org/index.php?topic=741715.0
Huh Huh Huh

I said "We might be at the bottom for now, so it might be a good idea to close shorts/thinking of rebuying back, as always, be careful", based on my observations. I said that at that time it would be improbable to go way lower than what we already saw.

Are what I said and a statement like "BUY!!! we will never see under XXX again!!!" the same to you?


And dude, I said that it could be that the bottom was already in, not that yesterday's price was the bottom, i posted pictures to show it.



129. Post 8399007 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: Patel on August 17, 2014, 02:29:57 PM
Bubble's flight has been delayed. Scheduled arrival: November
These are my thoughts exactly.  If a new bubble/rally ever comes that is.



130. Post 8400631 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Whatever happens to BTC and cryptocurrencies, whether you're rich or broke, it's interesting and exciting to be a part of this whole thing.



131. Post 8401463 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: abercrombie on August 17, 2014, 05:11:41 PM
Bitfinex increases allowable margin from 2.5 to 3.33 on Monday.  

That should decrease margin calls and may even spark a rally.
How do you do that? I only have 2.5:1 available ...   Huh



132. Post 8401695 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: wachtwoord on August 17, 2014, 05:18:45 PM
Bitfinex increases allowable margin from 2.5 to 3.33 on Monday.  

That should decrease margin calls and may even spark a rally.
How do you do that? I only have 2.5:1 available ...   Huh

You wait for Monday Wink
hahaha ok sorry i thought that it had been done last monday  Grin
Thanks for the answer Grin




133. Post 8412137 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Rock bottom huh?

Quote from: gizmoh on August 14, 2014, 08:25:48 AM
LTC is Rock Bottom, one needs glasses if you can't see its downtrend has nearly stopped! At $5 it's a steal imho...




134. Post 8412170 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: FattyMcButterpants on August 18, 2014, 08:29:54 AM
And this time LTC/USD says "so?".  

LTC is Rock Bottom, one needs glasses if you can't see its downtrend has nearly stopped! At $5 it's a steal imho...

this was sarcastic, i hope. Undecided

$4 broken today, and looking to break it again after it bounced. looks like BTC might take the piss as well. let's watch. Cheesy
Yeah i was trolling the poster that said so  Grin

I still think LTC has nothing to offer.



135. Post 8412268 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Bitfinex going down...



136. Post 8412344 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

BTC-E going full retard  Grin



137. Post 8412357 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

New low at Huobi, ouch  Sad



138. Post 8412380 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: Hunyadi on August 18, 2014, 08:46:25 AM
BTW - DRK  Cheesy Cheesy (-60%)

Why is that? Altcoins are taking huge hit. Is "dumb money" getting out of the system?
DRK is useless, its anonymity is flawed.
Also, so far all altcoins are P&D, profitable if you know how to play them, but definitely not the next bitcoin.
Some say Monero could make it, but I'm not convinced yet.



139. Post 8412398 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

1000 BTC to find a new low on Bitstamp, let's see if that wall is real or not  Grin



140. Post 8412793 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Worst thing that can happen, low volume consistent dumps Sad



141. Post 8412891 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: Newbie1022 on August 18, 2014, 09:21:28 AM
Worst thing that can happen, low volume consistent dumps Sad

That's why I always carry headphones with me when I am on a high fiber diet. =D
Grin

That made me lol  Grin Grin



142. Post 8413046 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: hyphymikey on August 18, 2014, 09:34:47 AM
Unable to buy on BFX  Angry
What do you mean? does it say "insufficient balance"?  what happens?

Bitfinex is showing many red flags lately Sad



143. Post 8413419 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: podyx on August 18, 2014, 10:03:04 AM

hahahaha

 Grin



144. Post 8413513 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

The next support at bistamp is at around 450, i'm guessing low volume dumps until we reach a point when we go sideways around there.








145. Post 8413952 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: Newbie1022 on August 18, 2014, 10:42:27 AM
About to get ugly for you shorters.  Try not to trample each other too much when you're covering.  Don't worry, there's room for at least 3 or 4 of you to profit!



This rally has fewer legs than Lieutenant Dan.




Forrest Dump:


Dump Forrest, Dump!!!





146. Post 8415292 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: Newbie1022 on August 18, 2014, 11:57:18 AM
(A)... why the hell did I not have money on that goofy exchange. I secretly hate myself, now.
(B)... there is going to be tremendous selling pressure once people send their newly purchased cheap coins from BTC-e to the other exchanges.
(C) Presumably, but not certainly, Bitfinex will do the same exact thing within the next hour unless they freeze the exchange.

So, if you are leveraged out on Bitfinex and your margin call comes within the $400 range, this really is probably your last chance to cut and run. If you aren't leveraged... meh. Pay no mind.


agreed



147. Post 8415683 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: Blitz­ on August 18, 2014, 12:15:04 PM
Huge manipulation going on. Bitcoin just touched down 309 on BTC-e

It's funny there are still people who think the price isn't being manipulated.

Pigs who go long on margin but neglect to CUT THEIR LOOSE while the price sinks end up being force liquidated? Oh yeah, manipulation!

Keep crying, keep complaining, keep blaming everyone but yourself Cheesy
Yeah this $309 crash is an example of what's NOT manipulation lol  Grin


It probably was some hackers with stolen coins who lost his patience and market dumped all in one go, stop losses and margin calls on Metatrader followed.   



148. Post 8416678 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: seriouscoin on August 18, 2014, 01:32:05 PM

Its a he, a failed engineer claim to be "entrepreneur".... i guess start LTC mining when BTC price soared is "entrepreneur"



an entrepreneur who changed lives and innovated as an engineer in his 6 years career in a world wide company, and retired in his 30s Wink how that sounds to you ?

like a pile of BS

LOL you two



149. Post 8423317 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Game Over .-.  .-.  .-.



150. Post 8423431 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

There is no end guys, this seems to be a new bear market Sad

Get out while you can and return in a few months to buy dirt cheap Sad



151. Post 8423456 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: adamstgBit on August 18, 2014, 08:18:19 PM
new lows incoming?  better cut your losses and profit from this.

sell sell sell!


Adam, long term I'm bullish on BTC too, but for now the buying has completely stopped compared to the selling pressure, i mean continuously low volume dumpings (the worst thing that can happen)? this is a serious downtrend.

BTC will not die, of this i'm pretty sure, but still, why holding if this whole thing is becoming overwhelmingly bearish? Sad



152. Post 8423677 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Anyway, be really careful of a possible double bottom at the same price both at bitstamp and Bitfinex at $442 when we will get there. Trade accordingly to what happens then, if we bounce or we go through (ouch). If it's a double bottom might be a good rebound (whether real or just a bull trap).
Will be a little moment of truth right there.



153. Post 8424064 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: mmitech on August 18, 2014, 08:55:57 PM




at least you didnt register this account today.
lol



154. Post 8424076 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: seleme on August 18, 2014, 08:56:49 PM
We must hear some news soon, it's too strong selling without something behind it.

Btc-e is completely mental, 30$ below everyone.
Aren't alway below other exchanges there?



155. Post 8424170 (copy this link) (by Wandererfromthenorth) (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, maybe Markus and Willy (the bots) really had a big impact on BTC price, who the hell knows.



156. Post 8424179 (copy this link) (by Wandererfromthenorth) (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.



157. Post 8424448 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

literally the only buys from the asks right now are little orders by bots



158. Post 8424901 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: abercrombie on August 18, 2014, 09:58:35 PM
The next 24 hours will determine the future of cryptocurrency for the next decade.
woah



159. Post 8432353 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.06h):

mmh



160. Post 8435045 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Dotto on August 19, 2014, 12:26:14 PM
You have to take ayahuasca to see a cup'n handle here
I lol'd



161. Post 8443691 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: podyx on August 19, 2014, 10:34:22 PM
A little flashback on the altcoin market which seems to be going to shit pretty soon Grin


Shitcoins always go to shit when BTC is bearish, if BTC returns to an uptrend it's shitcoin time again, don't worry  Grin



162. Post 8443715 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Raystonn on August 19, 2014, 10:46:59 PM
an interesting fact

in the last few days:

longs are down ~38.4% short are up ~43.7%  price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

Willy 2.0

non leveraged true believers ( aka: investor not trader)

bears are doomed.

Your stats only include leveraged longs, correct?  It doesn't include purchases made without margin.

Yes only margin positions.



163. Post 8444278 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Orderbooks on Bitfinex and Stamp and the graphs indicate that the market is betting on another drop soon enough, I'm guessing down to $400-$380 looking at the support that formed around that area.

Then it will probably recover.


That would also benefit the bulls later on since there will be a lot of longs taken out.



164. Post 8444299 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Torque on August 19, 2014, 11:23:16 PM
14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.

TL;DR - Either the shorts know something that we don't know, or they are absolutely stupid as fuck.
Not stupid, the market clearly wants to go down for now. We'll drop in the next few days. Bottom around 400 or a little bit less. then recovery.




165. Post 8444356 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Newbie1022 on August 19, 2014, 11:42:13 PM
14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.

TL;DR - Either the shorts know something that we don't know, or they are absolutely stupid as fuck.
Not stupid, the market clearly wants to go down for now. We'll drop in the next few days. Bottom around 400 or a little bit less. then recovery.



This is what I think. I delivered a little bit during the last mini-dip, though. I was flying a little too close to the sun. Thank God I am not playing with any sizeable amounts of money... I'd be living in a cardboard box by now. Bahahaha. Learning a lot, though. This has been an interesting if arduous experience.
That's the most important thing: learning Smiley
If you make money just because you're lucky (gonna lose sooner or later if that's the reason you are winning) but don't learn anything what's the point? Smiley

You have all the time in the world to become good at trading now for when BTC will go nuts eventually eheh

Be careful with leverage though, always put tight stop losses so you're safe!



166. Post 8448868 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Told ya we were going down Smiley

Bottom will be at $400-$390 in a few days.  THEN you'll have to buy  Grin Grin



167. Post 8458660 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: thefunkybits on August 20, 2014, 07:34:58 PM
lets see a nice short liquidation cascade!


Can anyone make an educated guess at what point the shorts could get liquidated?

I'd think it would be alot higher than this, but I have no idea how to properly calculate


It's all stop losses, it would require a lot more upside to actually trigger the majority of shorts to get margin called.



168. Post 8458724 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

At this point there is only THE catalyst that could really put BTC is real bull mode: and that is the Winklevoss ETF.
Until then, rises might be short lived  Sad



169. Post 8458994 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Double top?

Short squeeze might be over for today...
or nah?



170. Post 8459762 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

weak rebound that was only a little short squeeze, no actual buys.
Double top, down we go.



171. Post 8459823 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Comon guys this rebound is not serious, just short squeezes, we need a real rebound with actual fiat, actual coins being bought.

For now this rebound is as weak.



172. Post 8459877 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: criptix on August 20, 2014, 08:58:06 PM
Comon guys this rebound is not serious, just short squeezes, we need a real rebound with actual fiat, actual coins being bought.
Let the bears take profits on the huge shorts they have, squeeze all the longers that remain down to $400 and THEN will be time to panic buy full retard style  Grin Grin

For now this rebound is as weak as it gets.

lemme guess... you are shorting?!  Cheesy
Only in fiat no margin, just sold at this double top, i'm rebuying it we break it (have a stop ready).



173. Post 8460071 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

don't be cheerleaders guys Grin



174. Post 8460303 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Newbie1022 on August 20, 2014, 09:24:40 PM
For f---s sakes, everybody... just do the exact opposite of me and you are bound to end this week rich!
Grin

Did you buy at this top just now?



175. Post 8467885 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 21, 2014, 02:36:15 AM
proud alpaca!
ytcracker is amazing  Grin



176. Post 8467933 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Wandererfromthenorth on August 13, 2014, 10:49:13 AM











 Grin Grin Grin



177. Post 8468346 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: dEBRUYNE on August 21, 2014, 12:14:18 PM
Litecoin going nuts  Shocked
Just a short squeeze, that garbage is still dying  Grin



178. Post 8470945 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: grappa_barricata on August 21, 2014, 01:35:19 PM
What you guys think about litecoin... isn't overshooting a bit?


Most epic short squeeze there is. Yes it is overshooting, i suspect i'll go down again eventually.


LITECOIN è UNA CAGATA PAZZESCA  Grin



179. Post 8470990 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Next short term target should be 550-560.



180. Post 8471524 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Gatekeeper on August 21, 2014, 03:45:03 PM
bears have no one to blame but themselves when the 530-550 resistance gets broken, this is their chance to get on board but hopefully they wont. When it breaks i'm sure new longs will get opened, shorts will get closed/squeezed and theres so few asks that we'll head up to 600 territory very quickly.

huobi is fighting it's resistance point now and slowly beating it down, when they break up 530-550 will get nom nom nom'd on Stamp/Finex, right now they're just sitting below it waiting to see if Huobi wins it's battle
We'll very probably reach $530-$550,  but the real test will be $560, but looking at the volume i don't think we'll break it.

Unless some big news about the Winklevoss ETF comes out, low volume rises like this are not sustainable.






181. Post 8474391 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: bigasic on August 21, 2014, 07:40:19 PM
I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
Don't.   Buying the presale is not investing in ethereum, is not buying an IPO.  Is just giving the developers free money.  In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase.

The project will be finished (if ever) in months. It's gonna suck you BTC away.



182. Post 8474565 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: bigasic on August 21, 2014, 07:40:19 PM
I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
Don't.   Buying the presale is not investing in ethereum, is not buying an IPO.  Is just giving the developers free money.  In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase.
You are basically funding them. And for now they definitely don't need more.

The project will be finished (if ever) in months. It's gonna suck you BTC away.



183. Post 8474582 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 21, 2014, 07:55:27 PM
I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?

i can sell you some for 10% lower than current rate.



184. Post 8475059 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.07h):

This Bitlicense thing is serious business, until this is not resolved (same with the Winklevoss ETF) we are not gonna go anywhere (no new rally).

As somebody already said, that shit could crush the cryptocurrency industry before it is even truly born.


Why are you even so eager to see BTC going to new highs?  if you are so bullish, why don't you just accumulate at these prices and lower?
What's the point of wanting the moon already?

Have patience, you'll need it for the following months Grin Grin Grin



185. Post 8489775 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Thank god, for a moment I thought we had lost your thread  Sad



186. Post 8490075 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

yeah what's wrong? don't go  Sad



187. Post 8490295 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: adamstgBit on August 22, 2014, 07:09:43 PM
Do you have a life-changing amount of bitcoins deposited with Bitstamp?

no i'm just bipolor

most would lol hard at the amount of money i'm stressing about, i feel the stress nonetheless.
Why don't you just deposit your money at bitfinex so you can set a stop loss in case it drops a little so you're safe?
If price then goes a little bit up you can rebuy having a little less BTCs, but at least you don't "lose money (fiat)".



188. Post 8497655 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

If you want the moon right now, you are a fool.


We will very probably be in the $450-$560 range for months.  Deal with it.



189. Post 8509097 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Regarding TA:

It's simple:


Some people don't know how TA works or what it's supposed to do.
The same folks try to apply what they think TA is but they lose money.
Their conclusion: TA doesn't work.


The End.



190. Post 8509380 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Newbie1022 on August 24, 2014, 08:09:47 AM
You know... that s--- is so rigged. Those scumbags at Finex have no problem putting my orders through when they go against me, but when they are going to go in my favor they f--- me. Done with them. Probably done with all of this s---. Fuck!! And yea, I should go post this somewhere else, but that's bull----, too because people ought to know when the fix is on. That's what a speculation board should be for. This f---ing bulls---.
Yeah Finex is having some issues lately, I suggest you avoid margin trading and play only on Exchange for now, or does buying/selling also have problems?  Huh



191. Post 8509401 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: klee on August 24, 2014, 08:16:03 AM
I have a lot of people wanting me to help them enter in the Bitcoin/Cryptos (like a broker).

When they see the alts they all want to buy them too, so I advise them to diversify 2-5% of their capital in them.

This is fresh fiat that would go into BTC if it wasn't for the alts.*

I bet my clients are not the only ones doing so.

On the other hand *they have to buy BTC first in order to buy alts, though this is changing fast.

Opinions?
Alts are quick pump&dumps, you can make a lot of profit on those but you gotta strictly daytrade them (quick in, quick out), and only the new ones.

Never hold any altcoin indefinitely. So "diversifying your portfolio in alts" is a very bad idea.

So technically that would be fiat --> BTC --> random shitcoin --> back to BTC.



192. Post 8509459 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Newbie1022 on August 24, 2014, 08:36:46 AM
You know... that s--- is so rigged. Those scumbags at Finex have no problem putting my orders through when they go against me, but when they are going to go in my favor they f--- me. Done with them. Probably done with all of this s---. Fuck!! And yea, I should go post this somewhere else, but that's bull----, too because people ought to know when the fix is on. That's what a speculation board should be for. This f---ing bulls---.
Yeah Finex is having some issues lately, I suggest you avoid margin trading and play only on Exchange for now, or does buying/selling also have problems?  Huh

No, I guess I have just gotten greedy. Also, it cost me what would have been an 8% profit just now. Not huge, but it is hard enough to beat the house. I am just super frustrated about it. Thanks for the sentiment. That really is what I should go back to doing.
I feel you bro, last time finex had problems, it happened when it didn't allow me to buy at 450 during the first flash crash last week or so Sad
It could have been an instant 10-20% on a big position Sad Sad
Fuck Bitfinex lol



193. Post 8509472 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: klee on August 24, 2014, 08:38:46 AM
I have a lot of people wanting me to help them enter in the Bitcoin/Cryptos (like a broker).

When they see the alts they all want to buy them too, so I advise them to diversify 2-5% of their capital in them.

This is fresh fiat that would go into BTC if it wasn't for the alts.*

I bet my clients are not the only ones doing so.

On the other hand *they have to buy BTC first in order to buy alts, though this is changing fast.

Opinions?
Alts are quick pump&dumps, you can make a lot of profit on those but you gotta strictly daytrade them (quick in, quick out), and only the new ones.

So technically that would be fiat --> BTC --> random shitcoin --> back to BTC.
I exclude Ripple and Stellar from the alt list though (for various obvious reasons).

Pump & dump is a relative term, NXT first traded at 0.000001 ...
Even NXT, once it reaches the top of the pump, it's just down and down and down (little bounces at support level but nothing spectacular).



194. Post 8509764 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: AceWallen on August 24, 2014, 08:52:14 AM
Regarding TA:

It's simple:


Some people don't know how TA works or what it's supposed to do.
The same folks try to apply what they think TA is but they lose money.
Their conclusion: TA doesn't work.


The End.

regarding TA, i think many around here are asking themselves, "does TA work or not?" and the real answer is, "I am a bad trader." and that has absolutely nothing to do with TA.
Exactly.



195. Post 8510888 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Room101 on August 24, 2014, 11:03:24 AM
If either TA worked, or you guys were actually any good at it, you would be too busy flying around the world in your lear jets to post comments on this two bit forum.
You say this because you don't understand what TA does and how you are supposed to use it.



Quote from: Wandererfromthenorth on August 24, 2014, 07:49:46 AM
Regarding TA:

It's simple:


Some people don't know how TA works or what it's supposed to do.
The same folks try to apply what they think TA is but they lose money.
Their conclusion: TA doesn't work.


The End.



196. Post 8510900 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Room101 on August 24, 2014, 11:04:28 AM
I on the other hand do have a fool proof TA method....




....... buy bitcoin. Hold......

.....been working for the last two years....


.....not so much with precious metals though. lol
So you you never sold anything even when price was at $1200 to rebuy lower?

You had a lot of occasions to more than triple you whole BTC stash with basic TA in a couple of moves.
Nothing out of this planet, nothing difficult.



197. Post 8522121 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.08h):

Quote from: rpietila on August 25, 2014, 07:40:06 AM
If you don't think that 6 consecutive weeks down, followed by a high-volume capitulation, means that we are oversold, you deserve to sell all your bitcoins NOW.
I don't think we'll go lower than $450 again, but I definitely don't think we will be at a much higher price in a few week/months either.
The Bitlicense is a very problematic business, until that is not resolved we can't go anywhere (as somebody said, "it could crush the business"). Also, the Winklevoss ETF must be approved first too I'm afraid.

There simply isn't enough interest right now in market buying BTC and bring it higher.

I do agree that things look a lot more solid this time around. But I think we will be in this $450-$600 for a very long time, until the Bitlicense and the Winklevoss ETF will be ready.



198. Post 8582562 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: mmitech on August 29, 2014, 10:18:09 AM
Guys, I don't know if you already heard about this but Hal Finney died Thursday morning.... Hal was the first adopter, he was the first one to run the bitcoin software after Satoshi and he was the first developer and cryptographer after Satoshi.

we've lost a great man, rest in peace Hal Finney.
RIP



199. Post 8582571 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: klee on August 29, 2014, 10:27:13 AM
Guys, I don't know if you already heard about this but Hal Finney died Thursday morning.... Hal was the first adopter, he was the first one to run the bitcoin software after Satoshi and he was the first developer and cryptographer after Satoshi.

we've lost a great man, rest in peace Hal Finney.
He is not dead... Wink


?



200. Post 8582592 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: oyvinds on August 29, 2014, 11:11:28 AM
Nobody wants to buy the coins of this (one) heavy manipulator, who's manipulating the market with...

...askwalls!

We should regulate bitcoin exchanges to forbid such heavy manipulation with askwalls!

Askwalls! That's too much of manipulation! Why did the government allow this to happen?

Manipulation? It is called trading.

Bitcoin is close to a free market (it really isn't a free market thanks to all the AML rules, but it's close) and that is a good thing.

My personal opinion is that the government should allow price discovery to happen and they should not interfere with the market. Look around you, what we got in most of the western world is fascism so you should be quite happy with your desire for government regulation...
I think Dumper was trolling...



201. Post 8582813 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: klee on August 29, 2014, 11:29:32 AM
Guys, I don't know if you already heard about this but Hal Finney died Thursday morning.... Hal was the first adopter, he was the first one to run the bitcoin software after Satoshi and he was the first developer and cryptographer after Satoshi.

we've lost a great man, rest in peace Hal Finney.
He is not dead... Wink


?
ALCOR
Yes but he actually died.



202. Post 8585221 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: Dump3er on August 29, 2014, 11:52:16 AM
the market doesn't want to go down Smiley

it has already dropped and will have to drop without any choice

Maybe there's a method to save us from going down by ask wall manipulation.

I'm working on a dissertation about economics and seeing this heavy manipulation on bitcoin markets I got a brainwave how to stop this manipulation!

Until now it's only a very rough idea and I don't know exactly if it could work but I will call these things with cool names like bid wall, demand and support!

I'm a very cunning guy, too! Oh soooo cunnnning I aaaam! And I will find some way to fight against this manipulation!

And if not, well, we could call the government to stop it!
BTC is a free market! we don't want regulation!!! Governments cans suck it! 

But wait, I lost money because i got margin called on a manipulation flash crash, and now some dude doesn't want to send BTC to da mooon with a sell wall???
Where is the government when you need it?

#r/BitcoinLogic



203. Post 8585453 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

The wall guy probably bought his own coins.

He wanted to suppressing the price while accumulating cheaper and now he buys his own wall to fake volume.

Still don't think we'll se a serious rally though.



204. Post 8586780 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: adamstgBit on August 29, 2014, 04:42:26 PM
So finally that wall is gone and what do the idiots do? They dump.

i dont understand this too. How can the retards dump at this situation.

the general market think bitcoin is over-price, so bitcoin is going down


its traders trying to beat the market...
But market is definitely more bearish than bullish...
So technically are the panic buyers that are trying to beat the sideways/bear trend.

Sporadical little low volume rallies aside, market is all but bullish right now.



205. Post 8594341 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

I think we'll be revisiting the $450s the following weeks.

Perma-bulls please, don't be cheerleaders. BTC is still bearish.
-Low volume
-The little rallies we see are very short lived and they seem just an excuse for the whales (or anyone for that matter) to sell higher.
-Bitlicense and Winklevoss ETF uncertainties.


By basic TA the next attempt at a big rally should be around November, we'll see how that is gonna play out.
For now, stop cheering at every green candle, and stop wanting BTC to be a get rich quick scheme, it's getting ridiculous.



206. Post 8607206 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Fucking bots at BTC-E, the hell is going on?  more volume in the past few hours than during the flash crash lmao



207. Post 8607350 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: grappa_barricata on August 31, 2014, 09:34:05 AM

lol



208. Post 8621754 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.09h):

Quote from: HarHarHar9965 on September 01, 2014, 10:26:28 AM
Thought we might see a short squeeze tonight.... started off swiftly but it seems we got rejected at short term (1hr) EMAs.... bears too strong here? Maybe we need more down first before a proper bounce.
Problem is not too strong bears, problem is that there are no bulls left basically lol


I just see weaker and weaker little bounces that are probably more like shorters taking profit than anything...





209. Post 8859673 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.13h):

If it's really going under $450 it's time for the violins, the minute of silence and all of that shit.

Support looks non-existent at that very important level.


RIP



210. Post 8860008 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.13h):

If you look here (http://www.bfxdata.com/combined/btc.php) you will notice that the huge Bitfinex sell wall that was bought in one go the 13th september   (4 days ago) was basically just shorters taking profit.

Shorts are down by a lot, check the stats.

Not even a short squeeze can save us.


lol



211. Post 8874306 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.13h):

It's over



212. Post 8876631 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.13h):

It's over.


Bye bye Bitcoin, sayonara, auf wiedersehen, ciao ciao, au revoir, hasta luego.


RIP



213. Post 8877425 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.13h):







214. Post 8877444 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.13h):

Shorts are decreasing as price is decreasing.
The dumps are real panic sellers.

Not even a short squeeze can save us right now.



215. Post 8877498 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.13h):

Quote from: adamstgBit on September 18, 2014, 05:35:41 PM
come on bitcoin i believe in you
Me too, but not at the current price  Grin



216. Post 8879394 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.14h):

Quote from: protokol on September 18, 2014, 07:47:24 PM
Hi all.

This seems appropriate :

http://www.youtube.com/watch?v=HZVolY7Ggy8

Cheers

Dave

 Cheesy

I'm going down with the ship: https://www.youtube.com/watch?v=PPIwFRZXUA4
LOL at the video!



217. Post 8880234 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.14h):

more down i think



218. Post 8880246 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.14h):

Some folks in here be like:





219. Post 8924606 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.15h):

ShroomsKit, listen, if BTC is good enough in itself as a technology and will survive no speculator can "ruin" its future, deal with it.
It doesn't work like you think.

If BTC dies it will have nothing to do with your hated "speculators".



220. Post 8956280 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.15h):

Quote from: EuroTrash on September 24, 2014, 04:58:07 PM
https://www.youtube.com/watch?v=A037B2ah0Ec

thats right people its that easy. Lol!

shorts are gana burn.

One Little Weird Trick To Get Rich Quick

 Tongue
Yeah sounds like a thing for dumbasses for sure but I recognise the voice, it's Chris Dunn (https://www.youtube.com/user/chrisdunntv) and what he said is true (check his bitcoin videos, check the dates). He predicted all the major moves of BTC since $1200 (yes, all the shorting too) and the fall of MtGox before they happened (yes I followed him since the beginning).

No kidding. Check his old videos and their dates in his account for yourself.

Regardless, I'm not sure the bear market is over just yet like adam suggests.



221. Post 8956470 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.15h):

Quote from: adamstgBit on September 24, 2014, 05:18:24 PM
https://www.youtube.com/watch?v=A037B2ah0Ec

thats right people its that easy. Lol!

shorts are gana burn.

One Little Weird Trick To Get Rich Quick

 Tongue
Yeah sounds like a thing for dumbasses for sure but I recognise the voice, it's Chris Dunn (https://www.youtube.com/user/chrisdunntv) and what he said is true (check his bitcoin videos, check the dates). He predicted all the major moves of BTC since $1200 (yes, all the shorting too) and the fall of MtGox before they happened (yes I followed him since the beginning).

No kidding. Check his old videos and their dates in his account for yourself.

Regardless, I'm not sure the bear market is over just yet like adam suggests.

if everyone listens to what he says and follows suit, its going to work.

its kind of like a self fulfilling prophecy.

plus he's got skills and knows to buy in a panic and stuff, so ya... not a bad person to follow for trades i guess.
But wait, the youtube account that posted the video, is actually him?

I don't wanna click malaware links.

Have you joined yet?



222. Post 8956588 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.15h):

Quote from: adamstgBit on September 24, 2014, 05:33:13 PM
https://www.youtube.com/watch?v=A037B2ah0Ec

thats right people its that easy. Lol!

shorts are gana burn.

One Little Weird Trick To Get Rich Quick

 Tongue
Yeah sounds like a thing for dumbasses for sure but I recognise the voice, it's Chris Dunn (https://www.youtube.com/user/chrisdunntv) and what he said is true (check his bitcoin videos, check the dates). He predicted all the major moves of BTC since $1200 (yes, all the shorting too) and the fall of MtGox before they happened (yes I followed him since the beginning).

No kidding. Check his old videos and their dates in his account for yourself.

Regardless, I'm not sure the bear market is over just yet like adam suggests.

if everyone listens to what he says and follows suit, its going to work.

its kind of like a self fulfilling prophecy.

plus he's got skills and knows to buy in a panic and stuff, so ya... not a bad person to follow for trades i guess.
But wait, the youtube account that posted the video, is actually him?

I don't wanna click malaware links.

Have you joined yet?

good question... doesn't he have his own youtube channel

seems fishy...
How did you find the video?



223. Post 8985903 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: MoreFun on September 26, 2014, 09:29:44 PM
Anyway if you don't know the complete story of the first DOGE pump and how it was 100% market manipulation by Wolong (chinese dude on Twitter and forums) I suggest you read his PDF on the matter, it explains everything.


https://www.youtube.com/watch?v=JHi-wmRZzvs


You will learn interesting stuff you don't know it already and you will learn why you lost money if you did with DOGE.

You mean that 300 toppish bubble?
Exactly, all of it was him.




224. Post 8987741 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: findftp on September 27, 2014, 01:16:07 AM
Ok, I'm done.
Just sold all 12 shitcoins except monero and 1000 ripple because I don't know how to sell that shit (they are still shitcoins).
I'm all into bitcoin. Fuck it, I'm drunk and capitulated.
Fuck this shit. From now on I'm only into bitcoin, the rest can go to hell.
I'm sorry for the strong language.

Why were/are holding altcoins?  

Altcoins are quick internet ponzi schemes. They are not supposed to be held. If you buy them it's because you strictly daytrade them.
They are a Pump&Dump (not an investment). You're quick in, and quick out.



225. Post 8991148 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: mmitech on September 27, 2014, 07:02:58 AM
Good morning, will this be the weekend that we kiss $400 goodbye ? lets see what will happen.
I think we have a few more days to go before that happens, but who knows.



226. Post 8992866 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: NotLambchop on September 27, 2014, 02:07:39 PM

lol Grin



227. Post 8995244 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: Boxman90 on September 27, 2014, 06:21:38 PM
Down to my ignore list
LA-LA-LA CAN'T HEAR YOU, LA-LA-LA, MY PERSONAL BUBBLE REALITY IS KING AND TRUTH, LA-LA-LA

Fixed that for you.


lol



228. Post 8995287 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

I will be interesting to see how this situation will play out.


I don't think BTC or the idea of a decentralized currency is a bubble in itself, but its price certainly was (is).


Important questions we need to ask ourselves:

If BTC dies, will all decentralized cryptocurrencies die too?


To be honest if ApplePay starts to become utilized by the masses and BTC and all cryptocurrencies will be forgotten (and with them all the advantages that cryptos have over traditional means of payments), well, then we will know there's no hope for humanity.



229. Post 8995300 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: inca on September 27, 2014, 06:25:08 PM
Lot of wishful thinking from bears on here today given the price has 'dipped' all of nothing.

Careful with your shorts boys. Is at least one of you going to be honest and admit you were either stopped out last week in the sudden run up or took a margin call?

 Smiley


Usually when somebody shorts it does at the top of a bounce or puts tight stops anyway if a bounce comes right after the shorts are opened.



230. Post 8997790 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: adamstgBit on September 27, 2014, 11:23:01 PM
every transaction paid with Bitcoin will be dumped on the nearest exchange immediately
I don't believe that BitPay gets all, or maybe even most, of their dollars from exchanges.

They probably have underwriters who want to accumulate bitcoins without going through the exchanges who buy them from BitPay.

They've had this kind of arrangement in the past - according to rumours some people became Bitcoin millionaires via this route - but I don't know if they still do it.

yeah, i suspect they broker deals off exchange. but it's also hard to say when off-exchange demand is drying up. maybe it is, maybe it isn't. at some point, bitpay may still have to dump on exchanges.
bitpay sells on exchanges, always have...
Which exchange?

Stamp? Finex?

All of them?

They just market dump?



231. Post 8998344 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

perma-bulls... perma-bulls everywhere...



232. Post 9001499 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

The point is that BTC has a lot of VC money invested and I still think it will survive for all the purposes it has over traditional means of payment.


But the the reality of its price seems to be different.

BTC price has left any bullishness whatsoever, and if you can't see this I just hope that if this crashes you won't face financial ruin...

If you are considering BTC as a store of value, be aware that you might be putting your money in a speculative monster made up by bots (willy and markus, i doubt some of the WillyReport conclusions myself but it's a possibility), chinese millionaires, P&D and pure "get rich quick" speculation".


Again, this doesn't mean that BTC as a project is dead or will die, I'm just saying that the price you're paying today for a BTC doesn't seem sustainable at all, and all indications available seem to point to that fact.



233. Post 9001682 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: inca on September 28, 2014, 10:00:09 AM
The point is that BTC has a lot of VC money invested and I still think it will survive for all the purposes it has over traditional means of payment.


But the the reality of its price seems to be different.

BTC price has left any bullishness whatsoever, and if you can't see this I just hope that if this crashes you won't face financial ruin...

If you are considering BTC as a store of value, be aware that you might be putting your money in a speculative monster made up by bots (willy and markus, i doubt some of the WillyReport conclusions myself but it's a possibility), chinese millionaires, P&D and pure "get rich quick" speculation".


Again, this doesn't mean that BTC as a project is dead or will die, I'm just saying that the price you're paying today for a BTC doesn't seem sustainable at all, and all indications available seem to point to that fact.

Amazing what a bear market does to the psyche. Bitcoin worked perfectly at 1$ and it is working perfectly at $400.

I have always found it fascinating that when a commodity gets cheaper people want it less. It is always true and will be true when bitcoin unexpectedly catches most out and heads upwards again. Every single person who previously sold or didn't want to buy in as they didn't see value in bitcoin at 400 will bite your arm off to buy back in at much higher prices. Madness and delusions of crowds.

The problem is not the price itself, just the price action is getting more and more bearish (low volume, no bounces, long term support breached like nothing, no real support).

I agree, if price goes down, there should be nothing to worry about, but the situation is a little different. There are bear markets that are still healthy (healthy correction of prices), but this BTC bear market is NOT healthy right now...



234. Post 9001810 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: prophetx on September 28, 2014, 10:13:41 AM
The point is that BTC has a lot of VC money invested and I still think it will survive for all the purposes it has over traditional means of payment.


But the the reality of its price seems to be different.

BTC price has left any bullishness whatsoever, and if you can't see this I just hope that if this crashes you won't face financial ruin...

If you are considering BTC as a store of value, be aware that you might be putting your money in a speculative monster made up by bots (willy and markus, i doubt some of the WillyReport conclusions myself but it's a possibility), chinese millionaires, P&D and pure "get rich quick" speculation".


Again, this doesn't mean that BTC as a project is dead or will die, I'm just saying that the price you're paying today for a BTC doesn't seem sustainable at all, and all indications available seem to point to that fact.

Amazing what a bear market does to the psyche. Bitcoin worked perfectly at 1$ and it is working perfectly at $400.

I have always found it fascinating that when a commodity gets cheaper people want it less. It is always true and will be true when bitcoin unexpectedly catches most out and heads upwards again. Every single person who previously sold or didn't want to buy in as they didn't see value in bitcoin at 400 will bite your arm off to buy back in at much higher prices. Madness and delusions of crowds.

The problem is not the price itself, just the price action is getting more and more bearish (low volume, no bounces, long term support breached like nothing, no real support).

I agree, if price goes down, there should be nothing to worry about, but the situation is a little different. There are bear markets that are still healthy (healthy correction of prices), but this BTC bear market is NOT healthy right now...

I think a lot of the trading and volume has been sucked away into the alt currency markets.  Many PnDs happening there on a weekly basis, which is a big turn off to people looking in from the outside.
I can tell you by a fact that this is not the case because the altcoins markets are DEAD right now.
Volume on Bittrex is ridiculous. Something going with Bter and other chinese shitcoin exchanges but nothing spectacular.


Few months ago there was the shitcoin exchange "Mintpal" who was making thousands and thousands of BTC of volume for almost every coin trader there (at least the top 5-10), and BTC/USD trading was doing decently fine anyway.
Now Bittrex has like 500 BTC of entire trading volume.

No it's not the shitcoin markets, their are deader than ever too.



235. Post 9001953 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: prophetx on September 28, 2014, 10:32:38 AM
The point is that BTC has a lot of VC money invested and I still think it will survive for all the purposes it has over traditional means of payment.


But the the reality of its price seems to be different.

BTC price has left any bullishness whatsoever, and if you can't see this I just hope that if this crashes you won't face financial ruin...

If you are considering BTC as a store of value, be aware that you might be putting your money in a speculative monster made up by bots (willy and markus, i doubt some of the WillyReport conclusions myself but it's a possibility), chinese millionaires, P&D and pure "get rich quick" speculation".


Again, this doesn't mean that BTC as a project is dead or will die, I'm just saying that the price you're paying today for a BTC doesn't seem sustainable at all, and all indications available seem to point to that fact.

Amazing what a bear market does to the psyche. Bitcoin worked perfectly at 1$ and it is working perfectly at $400.

I have always found it fascinating that when a commodity gets cheaper people want it less. It is always true and will be true when bitcoin unexpectedly catches most out and heads upwards again. Every single person who previously sold or didn't want to buy in as they didn't see value in bitcoin at 400 will bite your arm off to buy back in at much higher prices. Madness and delusions of crowds.

The problem is not the price itself, just the price action is getting more and more bearish (low volume, no bounces, long term support breached like nothing, no real support).

I agree, if price goes down, there should be nothing to worry about, but the situation is a little different. There are bear markets that are still healthy (healthy correction of prices), but this BTC bear market is NOT healthy right now...

I think a lot of the trading and volume has been sucked away into the alt currency markets.  Many PnDs happening there on a weekly basis, which is a big turn off to people looking in from the outside.
I can tell you by a fact that this is not the case because the altcoins markets are DEAD right now.
Volume on Bittrex is ridiculous. Something going with Bter and other chinese shitcoin exchanges but nothing spectacular.


Few months ago there was the shitcoin exchange "Mintpal" who was making thousands and thousands of BTC of volume for almost every coin trader there (at least the top 5-10), and BTC/USD trading was doing decently fine anyway.
Now Bittrex has like 500 BTC of entire trading volume.

No it's not the shitcoin markets, their are deader than ever too.

i hope you are joking.

when i checked a day or two ago DOGE volume was 1/4 of BTC volume.

that is 25% of the TOTAL BTC volume for a fucking coing with an inu shiba mascot....  25%....
Doesn't mean anything, it's one coin, one pump. BTC/fiat volume now is non existent so 1/4th of that is nothing.

As I said, when Mintpal was doing well there were thousands and thousands of BTC for EVERY COIN (in their first page) for MONTHS.



236. Post 9002657 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

The only thing between current price and "dirt cheap bitcoinz" is those single buy walls at Finex and huobi that could be pulled at any moment.

This thing looks ready for a flash crash, if not today, in a few days.



237. Post 9002903 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: inca on September 28, 2014, 12:31:44 PM
Crash coming.

Go for it guys. Short up, sell your stash (oh wait we know you already have).

Lets see the epic crash unfold.

Back in reality it's a slow sunday with virtually no volume whatsoever. This move is meaningless.




breaking support at 395 with this kind of volume is a strong buy actually.

I just think its funny the posters cheering on any downward moves and getting vocal all over the forum when they actually have no ability to move the market.
The market looks like it doesn't need people "cheering" or talking about it to dump...



238. Post 9003090 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: justusranvier on September 28, 2014, 12:41:58 PM
All these n00bs that don't remember 2011...
You might be right, but 2011 was a very different situation from right now.
Back then a bunch of millionaires buying up all the coins would have resulted in a new bubble. Now that market cap is that high (compared to the non existent demand) that doesn't happen anymore.


We can't use bitcoin past when price was crashing "but everything is alright because a new bubble is coming" forever...


Also, maybe BTC will survive long term, but that doesn't mean that its current price is not too high and that it won't crash...



239. Post 9003336 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: NotLambchop on September 28, 2014, 01:09:14 PM
Abandon ship!  Shocked



No need to panic.  False alarm.


Perma-bulls be like:




240. Post 9004166 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):




241. Post 9004293 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

DOGE pump&dump:  because buying an inflationary joke shitcoin during a BTC downtrend is a smart move.



242. Post 9004700 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Not the time to panic? everything's fine?






243. Post 9004727 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: adamstgBit on September 28, 2014, 03:29:08 PM
down 3.22% in a few hours

wtf who are these sellers and why are they so retarted?
Maybe they are tired to see their money be thrown out the window?



244. Post 9004788 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: adamstgBit on September 28, 2014, 03:36:51 PM
we'll be back at 399 in a few hours...

duuuuuude...



245. Post 9004823 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):




246. Post 9004843 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Don't even try to catch that falling knife

https://www.youtube.com/watch?v=r-PEJcU8UY4&list=LLxjwY8tRU9Fw7VwsbMhH5bQ&index=31



247. Post 9005023 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: Torque on September 28, 2014, 03:57:04 PM
Good lord, are we just going to grind down an average of $10 a week until we hit $100?  Not panicking, just a serious question here.
If we continue to go lower (almost guaranteed), I can tell you that at around $200 There should be a major bounce.
Other bounces here and there of course.

$10 a week? nah the crash should accelerate in a few days.



248. Post 9005116 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):




249. Post 9005187 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: justusranvier on September 28, 2014, 04:12:38 PM
How to benefit from Bitcoin exchange rate declines*:

1. Buy some more coins.
2. Remove them from the exchange and put them in your own wallet.
3. Goto 1

(*) Assuming you have a source of income independent from day tarding.
Shorting sounds better.



250. Post 9005407 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: creekbore on September 28, 2014, 04:25:25 PM
How to benefit from Bitcoin exchange rate declines*:

1. Buy some more coins.
2. Remove them from the exchange and put them in your own wallet.
3. Goto 1See figure 1.

Fig.1: Pray for your investment

ROTFL



251. Post 9005551 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):




252. Post 9005750 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: criptix on September 28, 2014, 05:06:57 PM
I hate you guys .....

Why the hell didnt i go all in in doge Angry

If we see 200 the panic will be ridicilous
Every altcoin's value (in satoshis)in a sufficiently long time scale is 0 satoshis.
The more it goes up, the more probable it is for it to crash back down.





253. Post 9005855 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

"I told y'all motherfuckers"






254. Post 9005998 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: chromosoma on September 28, 2014, 05:29:44 PM
"I told y'all motherfuckers"




Who is this?
http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/



255. Post 9006013 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: podyx on September 28, 2014, 05:34:16 PM
Wow...

Margin call for me soon if this don't stop Undecided
Are you long? Maaaaaan



256. Post 9006058 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

If you haven't sold or gone short yet these little bounces are your opportunity to do so.



257. Post 9006063 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: FNG on September 28, 2014, 05:38:37 PM
Paypal(Ebay), Expedia, Square, Dell, Dish, Overstock..

If people don't see what's coming they deserve to lose money
More merchant adoption?
More merchant dumps!



258. Post 9006367 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

This bounce is your last chance to get out IMHO



259. Post 9006442 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

And there you have it.

Le Dump.



260. Post 9006828 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Stop trying to find some particular reason for BTC downtrend.


Too much dollar worth of supply (and hyperinflatioin) versus current inexistent demand is what is causing it.
That's it.




261. Post 9007813 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: abercrombie on September 28, 2014, 08:03:02 PM

aaaaawww shit  Grin



262. Post 9007869 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: stan.distortion on September 28, 2014, 08:13:53 PM

Got a link for that?
http://www.bfxdata.com/combined/btc.php



263. Post 9007885 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.16h):

Quote from: crazy_rabbit on September 28, 2014, 08:15:02 PM


Interpretation?

Price is going down, both longs and shorts are going up a little bit (but not too much).
The vast majority of the coins dumped are real BTCs and not just shorts.

Shorts are not particularly high compared to longs so a short squeeze is not that probable now.



264. Post 9009130 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Can't say we didn't warn y'all niggas bout this mess



265. Post 9009184 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Dead cat bounce



266. Post 9009256 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Guys, do you seriously buy back at the top of bounces?

No wonder you suck at trading...





267. Post 9009282 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Bounces are chance for you to get out, that's when you're supposed to sell/short, not in the middle of the crash lol


You can still get out of this titanic (the bounce I was talking about a few hours ago would have been a lot better, but if you missed it...)



268. Post 9009470 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Bounce could go higher, but remember it's probably just a bounce  Roll Eyes



269. Post 9009510 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: InvestorPerson on September 28, 2014, 10:26:10 PM
Ready to believe? Wink

i believe in the potential





the potential to go further down
I believe.



In the god Karhu!





270. Post 9009562 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: fonzie on September 28, 2014, 10:36:38 PM
Statistically a weekend dump is often followed by a monday dump before we go over to the pre thursday dump. We´ll see
lol



271. Post 9012073 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

What's up friends? what did I miss?  Smiley



272. Post 9014046 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: wachtwoord on September 29, 2014, 09:45:12 AM
Last year aoriund this time btc entered the rally  Smiley Will history repeat itself?

No chance, after this drop ends and a rebound follows we'll have the biggest drop, which should be scary. Cheesy

People would have given the same answer last year when the market dropped after SR got taken out Wink
But the SR crash was a totally different situation AND type of crash. The two scenarios have 0 in common.



273. Post 9014132 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

I won't be closing my shorts anytime soon



274. Post 9014988 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Next big dumps coming up or we'll have another few days of price misteriously floating in the air like now (before China flushing bitcoinz round 2)?


Find out next episode! Same Bit Time, same Bit channel!





275. Post 9016524 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

https://www.youtube.com/watch?v=8ovL20iGEac



276. Post 9017374 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: JorgeStolfi on September 29, 2014, 03:16:02 PM
Did I understand correctly, that now people can buy BTC at Circle, paying with their credit cards, so that they can pay with BTC at Dell, Newegg etc. without using their credit cards?
Whoever is buying BTC to use them to pay stuff at Newegg and all of that shit (especially now) is definitely some dumb fuck



277. Post 9020055 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

cut your loose!



278. Post 9020126 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):




279. Post 9020539 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: findftp on September 29, 2014, 07:27:49 PM
Don't worry people.
Just hold tight!




lol



280. Post 9021029 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

https://www.youtube.com/watch?v=GtUVQei3nX4



281. Post 9021054 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Also, https://www.youtube.com/watch?v=y8vCj4DOsHc



282. Post 9025650 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Waiting with my shorts open like:





283. Post 9025845 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: nanobrain on September 30, 2014, 06:46:49 AM
Waiting with my shorts open like:




Much better. Wink


hahahahahahahah  Grin



284. Post 9026606 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: Ab-Soul on September 30, 2014, 08:37:35 AM
Under 300's is not looking possible today
Fixed it for you.



285. Post 9030686 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

yeah looks like a little pump, only short term though, don't be a bull-tard  Grin



286. Post 9030699 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

I'm curious to know what will happen with that sell wall on stamp



287. Post 9031159 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

A wild triple top appears.


... but huobi doesn't follow



288. Post 9031204 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: magicmexican on September 30, 2014, 04:42:27 PM
I feel like this 6h MacD wont go into green, and we will see another wave of dumps to 350 or something
Possibly, but for now it looks like we'll float sideways (with these $20 or more little waves) at this level for a few days/one more week.



289. Post 9033486 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: i dig bitcoins on September 30, 2014, 06:19:05 PM
someone doesn't want the price to go up


We're not allowed to go up. After 9 months of going down and reaching a very low point, even now we're not allowed to go up.
This aren't people who want cheap coins. They simply try to kill the market. There is no other logical explanation for this behaviour. These guys won't stop till we reach 0. They just won't stop. So fucking tired of it.

That there still are people here who say this is normal market behaviour and there is no manipulation and there is noone trying to take us down is beyond me.
How much more obvious do you want it?

They're don't even care that its so obvious as well. Goes to show that they view the market as consisting of pussies and weak girly boys who really can't touch them. They are freely running around gaping asses and no one can do anything but bend over and take it like a little bitch.
You guys are fucking nuts.

You 3 are an example on how NOT to be an investor or a trader.


Price doesn't do what you want it to be.
What if I told you for now there is simply too many dollars worth (at current price and above) bitcoin around (supply) for the current demand (just the most plausible explanation)?
Why does it have to be somebody "manipulating"?
There is nobody in particular who is pissing on your coffee and breaking your get rich tomorrow scheme. That's not how it works.

You just seem like a bunch of kids.

Change your mentality.



290. Post 9033525 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Quote from: findftp on September 30, 2014, 07:50:57 PM

Will this be the start of the next bubble?







Seriously guys? A little pump, we are now at resistance and you already talk about another bubble right away?
No I don't think this is the start of the next bubble.



291. Post 9033577 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

The funny thing is that manipulation is ordinary business in BTC markets (and as a trader you should know it and recognise it) but it's not what bull-tard kids think it is.
"Manipulation" is mostly based on short-term profit, "manipulation" is not the reason for a prolonged downtrend or uptrend.

So no, this downtrend is not "manipulation" by some mofos who wanna boo hoo piss on your parade



292. Post 9034332 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

lol



293. Post 9034352 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.17h):

Bitfinex headshot lol



294. Post 9038246 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: lyth0s on October 01, 2014, 06:12:48 AM
A year from now we will look back at these prices and call it the "The Great Shakeout of 2014". I'm coining that term right NOW. Someone quote me on this please.
quoted,

we will see in a few years, who knows maybe you'll be right



295. Post 9038251 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: empowering on October 01, 2014, 06:08:55 AM


someone say moon?

ps yeah that was a wall of text  Shocked  Embarrassed
LOOOOL

What the hell is this gif? what is the guy trying to do? LMAO



296. Post 9046233 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: empowering on October 01, 2014, 06:48:42 AM


someone say moon?

ps yeah that was a wall of text  Shocked  Embarrassed
LOOOOL

What the hell is this gif? what is the guy trying to do? LMAO

It is a part of one of the weirdest contemporary dance shows that the wolrd has ever seen... if you want to see it then here is the link....


http://youtu.be/FbuluDBHpfQ


It is the kind of thing that I would have love to have gone to, when I was younger and taken mushrooms and just lost my marbles laughing at (30% laughing at the show, and 70% laughing at the fact I am laughing whilst surrounded by hundreds of serious patrons trying to get their serious on)

Enjoy...  Cheesy Cheesy Cheesy

(ps I like the two ladies that are like stags fighting, while the weirdo on the skateboard thrusts on by....by like I mean it normally makes me lose my shit and start cracking up)


Watched the video, weird as fuck but amazing  Grin Grin




297. Post 9046589 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

To me it looks like there is simply not enough buying power/confidence to break the $400s. But support is decent right now so it will probably stay at this $370-$390 range for like a week or so. Then we'll see.



298. Post 9054164 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Ok big dumps came sooner than expected.

Support now is weak.

If we see real panic in a few hours I wouldn't be surprised.


Going down.



299. Post 9054256 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

On huobi they are dumping coins like there's no tomorrow, this might end in tears.



300. Post 9056846 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: jaredboice on October 02, 2014, 05:51:54 PM
Good lord, are we ever going to find the fkn bottom of this market?  Or just continue to slide $10/week ad infinum?

Unbelievable this crap.


Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.

It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.

I love bitcoin , too. But I have 0 bitcoins right now.


I have to call you out on this.  You have zero bitcoins?  Yet you love Bitcoin?  Sorry I don't buy it.  Anyone who actually loves bitcoin understands bitcoin.  Anyone who understands bitcoin knows that you can't always trust technical analysis due to unforeseen events. Even if you were a perfect chart analyst I don't buy it. 
If there is an unforeseen event he'll have time to buy back in. Risk/reward.




301. Post 9057130 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: mmitech on October 02, 2014, 06:20:53 PM
Some protocols are doing fine.  Wink Grin Cheesy

I am facing a problem here, well it is more of dilemma than a problem, to consider Ripple a disruptive technology or not.... with Bitcoin being special because of the decentralized Blockchain technology, ripple doesn't seem  disruptive at anything but rather a "corporate" or "IPO" investment kind of.... so the big questions is: "is it worst investing at all ?"
No.



302. Post 9066323 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

By the events that are unfolding it's pretty safe to say that BTC is gonna be traded at around the $200s (or less) in a few weeks.

If you are a bull-tard you might be in for some nasty surprises.



303. Post 9066664 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

new low on bitfinex , nice.



304. Post 9066714 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Told you it was going down more yesterday. Hope you listened (and one week ago too and before that too)







305. Post 9066747 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: ShroomsKit on October 03, 2014, 02:06:05 PM
Told you it was going down more yesterday. Hope you listened (and one week ago too and before that too)





Thanks Nostradamus. We've been going down for 10 months.
But unlike you I tell folks to sell at the right time not just randomly like you whenever your bear personality kick in.



306. Post 9066778 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Stop listening to Shroomskit, he's just a troll who changes to bull-tard to bear whenever he buys or sells.


"This guy", oh yeah because it's just one guy dumping coins right? lmao



307. Post 9066801 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: ShroomsKit on October 03, 2014, 02:12:57 PM
Stop listening to Shroomkit, he's just a troll who changes to bull-tard to bear whenever he buys or sells.


"This guy", oh yeah because it's just one guy dumping coins right? lmao

Stop crying.
Crying?

I am in fiat since a long time ago and I'm shorting whenever I can.
Said it multiple times in this thread.

What would I cry about exactly?
lmao V2



308. Post 9066862 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: Torque on October 03, 2014, 02:16:32 PM
Stop listening to Shroomkit, he's just a troll who changes to bull-tard to bear whenever he buys or sells.


"This guy", oh yeah because it's just one guy dumping coins right? lmao

Stop crying.
Crying?

I am in fiat since a long time ago and I'm shorting whenever I can.


What would I cry about exactly?

lmao V2

Which is exactly why you're one of those bitcoiners that could give 2 shits what the price is or what it is doing.  Don't you non-holders fkn get that?
What?

I'm a trader.

I don't hold anything that I expect to go down more dude.

Unlike some of bull-tards or trolls here, I talk about price because I actually trade (or just almost only short now lol), you know?



309. Post 9067213 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

So you are saying BTC price fell because the dollar is being bullish lately?

Then why all the other BTC/fiat pairings are dropping too?   BTC/CNY on Huobi is dropping even more than BTC/USD on the western exchanges.

C'mon now...



310. Post 9067272 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: prophetx on October 03, 2014, 02:54:43 PM
So you are saying BTC price fell because the dollar is being bullish lately?

Then why all the other BTC/fiat pairings are dropping too?   BTC/CNY on Huobi is dropping even more than BTC/USD on the western exchanges.

C'mon now...

b/c of http://finance.yahoo.com/echarts?s=CNYUSD%3DX+Interactive#symbol=CNYUSD=X;range=3m

sheesh...
BTC/EUR parings are dropping the same as BTC/USD.




311. Post 9067641 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: superresistant on October 03, 2014, 03:25:36 PM
fuck I missed 9000... I WANTED TO TYPE OVER 9000
MAN... THANKS.. FRIDAY IS RUINED

Delete a lot of posts to go back in time.

Damn!

You're right!

lol



312. Post 9067649 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: grappa_barricata on October 03, 2014, 03:28:41 PM

LOL!



313. Post 9067750 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: heartastack on October 03, 2014, 03:33:48 PM
I do know some pro-traders who are looking at 360 for the big move in either direction. We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
Be careful with this, floating above $360 even for a few days doesn't mean that it will not break after.
Support is weak for such an important price area.




314. Post 9068643 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

huge dumps are coming soonish.

Huge, huge I tell ya mofos.



315. Post 9073462 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Think about this:

BTC miners are not making a buck at these prices.
If they would just shut off their mining equipment the would actually save money lol



316. Post 9073464 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Quote from: fonzie on October 04, 2014, 12:26:51 AM
The 266$ crash was actually wonderful, SR 1.0 still used 250$ for their price (due to the 24h avg. they used.) so that you could shop almost a full day for ~60-70% off.

I bought shitloads of Acid on that day, lol, as it was already to late for selling on the exchanges (<100$)

Acid from the SR <3 <3



317. Post 9073569 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.18h):

Going to sleep.

See you all at a lower price tomorrow lel



318. Post 9076070 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Stop being a perma-bull and accept the situation.



Noone is buying from the asks. Support is weak. The only volume is the market dumps. We have breached far too many historic support points.
There haven't been nay significant bounces lately.

Huobi is going ahead and made a new low half an hour ago.


At least just make sure that you don't lose money you can't afford to lose in this mess.



319. Post 9076085 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Imagine being a BTC miner right now.

You are spending millions in mining equipment and at this price it is more cost efficient to just shut them off and just buy them daily on exchanges or in person.

What a fucking nightmare for them.



320. Post 9076206 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

While Bitfinex and Bitstamp have almost stopped, Huobi and OKCoin are ahead of the program and dumping slowly and steadily.
Soon the big pop will happen and we are gonna be in for a spectacular crash.




321. Post 9076263 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

New low on Huobi...



322. Post 9076400 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Getting tired for this dump to happen, just fucking crash already.


My shorts are still there. not closing them (and not rebuying) anytime soon.


Going out, this is boring.





323. Post 9076606 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

No short squeezes in sight.



324. Post 9077816 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

If you still haven't sold and/or you are not shorting, RIP.



325. Post 9077835 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

If you still think people telling others to get out are just trolls, RIP.



326. Post 9077873 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: podyx on October 04, 2014, 11:46:15 AM
If you still think people telling others to get out are just trolls, RIP.

How low do you think we will go?
And are you bullish longterm?

A lot lower than this, about this I am pretty sure.

Long term?
I don't even know anymore man.

I am a trader so I'm interested in the medium/short term (what I have in front of my eyes), but to be totally honest with you BTC could just be the next myspace/sega dreamcast/altervista  of money...




327. Post 9077903 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: inca on October 04, 2014, 11:51:56 AM
If you still think people telling others to get out are just trolls, RIP.

I think you are short and talking your book. Poor taste linking death to price moves to honest matey.
I am not saying people to get out because I am shorting.
I am shorting because it has been time to get out for a long time.

I am joking around with the "RIPs" but I am pretty serious about what I'm saying regardless, if anyone here is still holding this and he can't afford to lose the money that he could lose. I would seriously suggest considering getting out.
I am not joking about this.

If your investment is something you can afford to lose and you don't feel like selling it's your choice and I respect that. Just try to be safe. Really.



328. Post 9078071 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

346




329. Post 9078079 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

345





330. Post 9078170 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: NotLambchop on October 04, 2014, 12:13:08 PM
Gentlemen!  

Three-fifty (350)

Anyone else feel like  DANCE PARTY?


me  Grin



331. Post 9078510 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: oda.krell on October 04, 2014, 12:50:23 PM
Monkey says 4 more days down.  He might not count weekends though.  

After that he wants it to go up for a couple of months.

I'd say monkey is probably plain wrong then, for once. Unless something radically changes in the next few days (say, bounce back to ~420-450 and staying there as week closes), we're most likely going to make a new low post-ATH. Even if we bounce up a bit from the exact spot, there's a good chance we're then in for a long decline, 2011 style.

Here's the disclaimer that always seems to be necessary in this place: I'm not a "bear troll". The bear market didn't kill the coin in 2011, so let's hope it doesn't in 2014. But if there's any time not to believe in a couple of months uptrend, it's now - unless monkey placed the emphasis on "want", in which case I'd agree with him.
Agreed.




332. Post 9078911 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

http://media.giphy.com/media/ToMjGpO4kkarqQLdqeI/giphy.gif


"You get a dump, you get a dump!"

LOL



333. Post 9079025 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: abercrombie on October 04, 2014, 02:07:51 PM
Gentlemen, a sign to provide inspiration in a time of difficulty...   Grin


Grin Grin Grin Grin Grin Grin Grin



334. Post 9082327 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Whoever did not see this coming, RIP.



335. Post 9087714 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: Sandia on October 05, 2014, 07:28:32 AM
Everyone waiting to see if the Huobi wall at 2000 holds.
Hint: it won't.
eheh yes.

Kinda like all the other in the last few days/weeks?  Grin



336. Post 9087828 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Huobi wall going down and then it's flash crash  Grin Grin Grin



337. Post 9087865 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: sidhujag on October 05, 2014, 08:05:38 AM
Huobi wall going down and then it's flash crash  Grin Grin Grin
i havent seen a chart but looking at posts id say buy and gotosleep if u like money u would do it
You're doing it wrong.



338. Post 9087874 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

BTC-E is still a few dollars away from the 200s  Grin



339. Post 9087949 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: itod on October 04, 2014, 07:42:29 PM
china retesting 2100 yuan

If that battle looks like a bloodbath to you wait to see the resistance at 2000. These round numbers are important psychologically. if China breaks 2000 yuan line we can easily be going into $200 territory (which btw I don't believe will happen). So i'm boldly predicting $325 ($305 BTC-E) as a temporary bottom for at least a few days/weeks.

Why would this big dumper/dumpers stop now? Because he is afraid to break a trendline? I have a feeling he doesn't give a shit.
And there clearly aren't enough buyers for the coins that get dumped.
I see no reason why the downtrend will stop there.

I love when I'm right and prove the troll wrong. BTCChina reached CNY 2010 and bounced back, Huobi reached CNY 2001 and bounced back from that. Chinese are not giving up that CNY 2000 line ($325) that easy, there will be a fight.
Dude, are you fucking serious?

Were you even looking at the depth chart?
Do you even know what a depth chart is?



340. Post 9087977 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: ShroomsKit on October 05, 2014, 08:24:07 AM
china retesting 2100 yuan

If that battle looks like a bloodbath to you wait to see the resistance at 2000. These round numbers are important psychologically. if China breaks 2000 yuan line we can easily be going into $200 territory (which btw I don't believe will happen). So i'm boldly predicting $325 ($305 BTC-E) as a temporary bottom for at least a few days/weeks.

Why would this big dumper/dumpers stop now? Because he is afraid to break a trendline? I have a feeling he doesn't give a shit.
And there clearly aren't enough buyers for the coins that get dumped.
I see no reason why the downtrend will stop there.

I love when I'm right and prove the troll wrong. BTCChina reached CNY 2010 and bounced back, Huobi reached CNY 2001 and bounced back from that. Chinese are not giving up that CNY 2000 line ($325) that easy, there will be a fight.
Dude, are you fucking serious?

Were you even looking at the depth chart?
Do you even know what a depth chart is?

Time to put you on ignore. Buy bye.
You put me on ignore? I couldn't ask for anything better.

I was talking to Itod though, not to you.



341. Post 9087997 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):




342. Post 9088589 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Bull-tards still not accepting the reality.



343. Post 9088715 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: Davyd05 on October 05, 2014, 10:11:01 AM
Who is actually making money out of this market?

Exchanges  Cheesy

Uh shorters ND swing traders
Yes.

If you are not making any profit out of this market you are doing it wrong.



344. Post 9088777 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.19h):

Quote from: kryptopojken on October 05, 2014, 10:17:36 AM
Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
Here:

http://www.bfxdata.com/bitfinexLiquidityPriceCombinedBTC.php

4 million USD in shorts.
20 million USD in longs.


I have no idea who is keeping their longs open.
I don't even know if they are human.
Probably totally retarded.



345. Post 9108812 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

The big volume is the most bullish and more optimistic news that could be out there



346. Post 9109114 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Usually I would say the 30k sell wall bearwhale has eaten his own wall, but the fees on stamp to do that would be pretty astronomical.



347. Post 9113926 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

So big volume during this recovery was a very bullish signal, but the reality is that we didn't bounce THAT much compared to what one would have expected since the flash crash.

I would not be surprised if this this falls again and then the REAL despair phase begins...




348. Post 9113973 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Quote from: mmitech on October 07, 2014, 09:29:12 AM
mmitech brings good bearish points to the table I just wish he wasn't so smug about it.

If he means well and wants to tell truth as he sees it (as he asserts) he's hurting his cause by presenting it in an often offensive manner which makes people overlook his points and focus on the delivery. Self-image won't let us agree with somebody who we perceive to be disagreeable and if he turns out to be right, we will hate him for that. Some people find joy in that though, are you one of those people, mmitech?

I was bullish when I thought it was appropriate and right, and I turned bearish when I thought it is appropriate and right, I wasn't hated but I was considered as a "bitcoin advocate" but when I turned bearish they consider me as a troll and  a fudster....it is easy to explain, I said it and I will repeat it, Bitcoin community is full of cultist hopeless people who depend on Bitcoin success to make anything in life.

No, I wont change my tone....I am also not an arrogant greedy bastard, because I did notice people here like to lick ass that kind of people.... truth hurts, destroying hopes and dreams also hurts, but most importantly being emotionally invested in anything will eventually hurt as well.

   
Being emotionally invested in anything is the first big mistake one should avoid when investing in anything, yes.



349. Post 9116646 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Yes usually the last flash crash the establishes a bottom that will last for months is followed by a quick high volume rebound, at least for the last few cycles.



350. Post 9129539 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

dat volume tho



351. Post 9131101 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Quote from: Blitz­ on October 08, 2014, 04:50:20 PM
blitz is bullish now?

does anyone have a picture of a frozen over hell?
https://bitcointalk.org/index.php?topic=178336.msg9093063#msg9093063

I do sometimes turn bullish, yes (and not always do I post about it). I'm just a little more cautious than the average guy here, and I like to buy when you guys bleed. No offense. Cheesy
Yeah, except when you were making fun of the bears calling the 200s-300s when we were at 500-450...



352. Post 9133755 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Will shorters have to cut their loose when we breakout or we will not escape that infamous double (triple on huobi) top?

Find out next time, same bit time, same bit channel!



353. Post 9133910 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

lol, this just now:


https://blockchain.info/en/tx/6ce42871e8de34b319db37300a07542c11437d000b61bbd8fe65ac6d8e9158f3



354. Post 9134067 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Quote from: Blitz­ on October 08, 2014, 09:27:35 PM
Great FUD!

How about you respond to this:

blitz is bullish now?

does anyone have a picture of a frozen over hell?
https://bitcointalk.org/index.php?topic=178336.msg9093063#msg9093063

I do sometimes turn bullish, yes (and not always do I post about it). I'm just a little more cautious than the average guy here, and I like to buy when you guys bleed. No offense. Cheesy
Yeah, except when you were making fun of the bears calling the 200s-300s when we were at 500-450...

Find me one single such quote please? Seriously, you must be confusing me with someone.

Pls deliver.
dude, I remember you saying something along the lines of "the bulls have turned bearish, everyone just became a bear-troll, it means bottom is in Cheesy!" and you seemed to be referring to a post i made, I'm too lazy to find such an old post.
Maybe you're right, it was someone else or i misread.



355. Post 9134107 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Quote from: stan.distortion on October 08, 2014, 09:32:21 PM
Great FUD!

How about you respond to this:

blitz is bullish now?

does anyone have a picture of a frozen over hell?
https://bitcointalk.org/index.php?topic=178336.msg9093063#msg9093063

I do sometimes turn bullish, yes (and not always do I post about it). I'm just a little more cautious than the average guy here, and I like to buy when you guys bleed. No offense. Cheesy
Yeah, except when you were making fun of the bears calling the 200s-300s when we were at 500-450...

Find me one single such quote please? Seriously, you must be confusing me with someone.

Pls deliver.
After seeing it this many times I'd guess anyone taken in by it will probably end up losing out anyway :/
?



356. Post 9134353 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Quote from: Blitz­ on October 08, 2014, 09:42:26 PM
How about you respond to this:

blitz is bullish now?

does anyone have a picture of a frozen over hell?
https://bitcointalk.org/index.php?topic=178336.msg9093063#msg9093063

I do sometimes turn bullish, yes (and not always do I post about it). I'm just a little more cautious than the average guy here, and I like to buy when you guys bleed. No offense. Cheesy
Yeah, except when you were making fun of the bears calling the 200s-300s when we were at 500-450...

Find me one single such quote please? Seriously, you must be confusing me with someone.

Pls deliver.
dude, I remember you saying something in the lines of "the bulls have turned bearish, everyone just became a bear-troll, bottom is in, time to buy  Cheesy!" and you seemed to be referring to a post i made, I'm too lazy to find such an old post.
Maybe you're right, it was someone else or i misread.

Now this I remember (except the bottom part), and it sounds a lot different than laughing at bears calling for 200-300s. If I recall correctly, I said this before the price rose (from 460 I think) to the 530s, though I did expect more out of the bull trap.

Alright, I found what you were looking for. I think you should read my posts more diligently if you want to accuse me of something like that. Note the time I posted this too.

Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

If it hits 550, and stays at that minimum for 2 weeks or more, then it's likely a reversal.  I'll happily buy more then.

Until then, it's still a bear downturn.  Acting like it's all over now is just silly.
I'm talking short term here. Not saying this bear downturn is down, just that things can bounce for now, and have already begun bouncing a while ago.

Why in the hell am I, accused "bear troll", arguing with former permabulls about the price rising? Cheesy Cheesy Funny how that goes, isn't it? The former bullish people giving up hope.

Thing is, if I'm wrong, I just CUT LOOSE.

We are Bulllish --> Says the Bear Club  Grin


Exactly. Permabears are bullish since yesterday while permabulls are bearish. So the turn (short-term) was obvious.
The post I remember was referring to something I said without quoting it. If what you quoted were the only things you said, I guess it was actually someone else that got in between the same "bulls-turning bears" talk.

Wouldn't call what I said as something as serious as an "accusation", but I guess I'll requote myself:

Quote
Maybe you're right, it was someone else or i misread.



357. Post 9134367 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

Ok, breaking out, maybe we can finally have the late shorters cutting their loose for a good squeeze?



358. Post 9134441 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.21h):

The most interesting sign so far has been the volume, first time I see a constant flow of decent chunks of BTCs in the trade history in a long time...



359. Post 9138627 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Almost 13k in shorts, those guys wanna get hammered



360. Post 9139410 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Next page in this thread is critical.



361. Post 9139417 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Next funny troll gif is critical.



362. Post 9140016 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Late shorters really HAVE to cut their loose at this point...
Fireworks?



363. Post 9140139 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

At the same time $380 had history of being support so it might stop there and retrace...

top or short squeeze?



364. Post 9140186 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: mooncake on October 09, 2014, 12:23:27 PM
If we stay at this level for a couple of days it will form a cup and handle. Do honeybadgers give a shit about stuff like that?

I stopped believing at TA when I saw this.

Then you don't understand what TA is or what it's supposed to be used for.



365. Post 9140577 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: mooncake on October 09, 2014, 12:28:25 PM
I stopped believing at TA when I saw this.

Then you don't understand what TA is or what it's supposed to be used for.

How do you TA this chart?
You don't.
Again, you don't seem to know and understand what TA is and what is supposed to be done.

Trying to learn how it really works won't kill you, just sayin'

Quote from: Ivanhoe on October 09, 2014, 12:26:02 PM
If we stay at this level for a couple of days it will form a cup and handle. Do honeybadgers give a shit about stuff like that?

I stopped believing at TA when I saw this.

Then you don't understand what TA is or what it's supposed to be used for.
I think it's meant as joke....
[/quote
I guess not...



366. Post 9141715 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Volume is insane.



367. Post 9143488 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

So shroomskit just turned into a "enough of you ugly dumpers, it's time for moon" bull-tard  from being a "it's over idiots, bitcoin will never rise again" bear-troll these past weeks.

What a circus.



368. Post 9143917 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

If you wanna watch the cftc here's the live stream.

Starts to talk about BTC in an hour and a half.

http://www.onlinevideoservice.com/clients/cftc/video.htm?eventid=cftclive



369. Post 9145022 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

The cftc just started



370. Post 9146716 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

This retrace at around $350 is a good time to go long IMHO, tight stops in case i get REKT.



371. Post 9146848 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: BBmmBB on October 09, 2014, 10:37:08 PM
Bearstamp
Bullstamp
BitSwamp
Beerstamp

What else?

trampstamp  Wink



~ ^BitSkank lol  Cheesy
lol



372. Post 9151756 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

eww do they really eat that shit in Austria?
lol



373. Post 9151909 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: NotLambchop on October 10, 2014, 11:44:29 AM
eww do they really eat that shit in Austria?
lol

In US we like 'em young.

"Rocky Mountain oysters are the testicles of bull calves ... They are often deep-fried after being peeled, coated in flour, pepper and salt, and sometimes pounded flat."

Imagine, pounded flat.  So satisfying.
I just googled "Rocky Mountain oysters", I wish I didn't  Cry
lmao



374. Post 9152633 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

If you didn't get it, it's not too late to dump.



375. Post 9152786 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Big market sells on bitfinex, this thing seems to be about to drop like a stone.



376. Post 9154056 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Bull-tard logic:

"My investment should go up in price even though it takes a few sellers to stop an uptrend, I wish they would just stop helping price discovery and let the price go up in an unsustainable manner".


Surprise: your idea of how a market is supposed to work is naive to say the least.
If BTC goes down in price is not because ugly selfish dumpers are pissing on your parade.




377. Post 9154390 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Anyway, really sorry to hear adam  Cry

Take a break indeed man. Wish you luck.



378. Post 9156875 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: billyjoeallen on October 10, 2014, 07:10:44 PM
Anybody any tips on meeting women? I'm turning 45 this winter, have no social life and haven't touched a woman in...well, a long time.
Pretty sure I'm still on your ignore list, but just in case: (...)



379. Post 9156899 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: NotLambchop on October 10, 2014, 07:45:51 PM
Is it time yet?





380. Post 9158589 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: inca on October 10, 2014, 11:31:15 PM
Just a matter of time before a short squeeze happens IMO.


What is gonna trigger it though?
If there's no buying pressure pushing, no short squeeze...



381. Post 9158591 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Wild bitfinex dump appeared





382. Post 9162380 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: ShroomsKit on October 11, 2014, 09:53:35 AM
Why did the buying pressure suddenly stop? People were buying like crazy. What happened?
Oh wait, idiot scum traders were dumping on everyone who dared to buy and take the price up.

Well done on killing possibly the last uptrend of the year within 2 days.

Traders are Bitcoin's cancer.

This shit again?



383. Post 9162983 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: shmadz on October 11, 2014, 11:53:46 AM
Yep, just bought BTC locally from an online poker player.  He had a ton of BTC won a few hundred ago  he needed converted to cash.  And with Bitfinex not processing wires yesterday due to a holiday in Taiwan, it became the perfect match.

I sent the BTC to Bitfinex and converted it to FIAT for more play money.  Cheaper than a wire.

I haven't played play money in over 10 years, but I've heard the highest limit play money games now actually have people who try to play well. Then again, the people who told me this are of questionable ability, themselves, so maybe that's just relative to them. Who knows? I'll never find out because I didn't get as good at poker as I am to not make money when I play it.

Strange, I see "I sent the BTC to Bitfinex and converted it to FIAT for more play money." And I think, he's gonna use the money for speculation, catching falling knives, bottom picking, you know, fun stuff.

Play means fun to me. Personally, I found that playing poker to win is not actually fun, at least not as fun as seeing your low-ball bid get filled during a flash crash.

But that's just me.
Definitely not just you.



384. Post 9163643 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Quote from: NotLambchop on October 11, 2014, 01:18:11 PM
All aboard?



Edit:  So quiet here, everyone ready for the weekend dump?



385. Post 9164184 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.22h):

Week-end dump  --> We-Can-Dump!




386. Post 9175713 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

There's not steam left anymore for any little pump. Buying pressure is a big fat 0.

It doesn't matter if shorts at bitfinex are at an all time high if nobody will market buy enough to push it higher to trigger a squeeze.

In a few days you'll see the price waves get smaller and smaller (lower highs) and eventually we'll break (probably downwards).

That one right now is a nice shortable bounce if you ask me.




387. Post 9175840 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Quote from: ShroomsKit on October 12, 2014, 04:01:13 PM
What's happened to bitstamp?

Volume has flatlined.

You really have to ask? You people still don't get it?
I'll explain again.
After months and months of bear market we finally had the much needed uptrend. Many new buyers because of the media coverage.
They were excited and started buying like crazy. But it only took them 2 days to figure out that every time they buy some asshole trader would dump right on them and take the price down. Their coins were already worth less within 24 hours.
Other people obviously noticed this and said fuck it. No way i'm gonna buy and lose my money.
So here we are. Back to bear market.

I can't believe i had to explain that again.

This has to be one of the most naive posts I have seen here ever.



388. Post 9176143 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Quote from: BBmmBB on October 12, 2014, 04:36:16 PM
...
I'Ve been saying this for days but everyone ignores it because they think people will just keep buying while they dump on them.
...

Worked well thus far.  Why wait to make $1k in a year, when you can make $50 every week?

Most traders lose money and destroy Bitcoin in the process.
Traders are Bitcoin's cancer.


no one seemed to care when the "traders" help push the price over $1000 ! now all the sudden they evil ? lol =O
Just ignore that idiot and move on.



389. Post 9179161 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

mmh wasn't expecting such a pump move tbh

this could be the short squeeze everybody was anticipating IF it goes higher...




390. Post 9179312 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Quote from: inca on October 12, 2014, 10:44:27 PM
mmh wasn't expecting such a pump move tbh

this could be the short squeeze everybody was anticipating IF it goes higher...



The best part about a short squeeze is that most people hang on farrr too long.
The even better part is we haven't really seen a big one in BTC yet. Could go nuclear (though it could also bust-up an exchange which would cause other dramas).

Having been caught out and lost my trading account before, leverage is only for the brave and nimble IMO. Kudos to those who use it to consistently profit in a market as highly volatile and unpredictable as bitcoin though.

I think if we break over 400 in the next day or two then shorts are going to burn.
Yeah finding the best entry point is everything, and ALWAYS set tight stops.

I don't even know what people that baghold leveraged margin positions for too long are thinking...



391. Post 9188550 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Looks like we'll end up breaking out



392. Post 9189767 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Quote from: Blitz­ on October 13, 2014, 08:25:40 PM
What sort of uptrend do you guys think would cause shroomsy to stop complaining about goddamn traders and dumpers? You think anything less than a perfectly linear rise would do it (straight line)? Huh
No. He would like someone to simply declare that any BTC/USD transaction must be permitted only at 1 million dollars per BTC.

That way he can get rich quick while the greedy ugly mean dumpers can suck it.

Sounds legit no?



393. Post 9189855 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Quote from: bassclef on October 13, 2014, 08:41:06 PM
What sort of uptrend do you guys think would cause shroomsy to stop complaining about goddamn traders and dumpers? You think anything less than a perfectly linear rise would do it (straight line)? Huh

He obviously doesn't understand how markets work. Best to ignore until he graduates middle school   second grade is over
There, fixed that for you.



394. Post 9190024 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Shorts getting REKT  for a nice squeeze.








395. Post 9190076 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

My condolences if you are still short.



396. Post 9190124 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Quote from: fonzie on October 13, 2014, 09:12:17 PM
My condolences if you are still short.

Didn´t you say that you put up new shorts yesterday?  Changed your mind? Lol Wink
I said "shortable bounce" yesterday when there was dead volume, but it picked up afterwards.






397. Post 9190148 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.23h):

Quote from: BlindMayorBitcorn on October 13, 2014, 09:14:51 PM
My condolences if you are still short.

Didn´t you say that you put up new shorts yesterday?  Changed your mind? Lol Wink

Even bulls are bears now. Isn't that depair yet?
What if I tould you some people are not bulls nor bears but trade what they have in front of them without bullshit?



398. Post 9197687 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.24h):

Quote from: NotLambchop on October 14, 2014, 12:49:50 PM
You can relax now everyone, I'm back Cool

Price falls $800 ==> ain't nottin'.  Goes up by $200==> WE WON!!!1! Cheesy

*empowering, can't into math?   Here:



While I agree with you that bitcoin is not perfect and some people here are just perma-bull-tards daydreaming delusional kids that are ignoring that fact and that think BTC will go to 10k tomorrow, posting a BTC graph in a random time frame like that to prove an argument like "see? it crashed, it's over" doesn't work, and here's why:











I'm not implying it will continue in bubble cycles or even that it will go up from here, in fact I'm not implying anything, I'm just saying that...
Quote
posting a BTC graph in a random time frame like that to prove an argument like "see? it crashed, it's over" doesn't work



PS: I fucking LOVE your pics and gifs though.
...and this forum needs someone who is not pro-BTC delusional, so it's all good.



399. Post 9202580 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.24h):

Hey guise is bitcoinwisdom down for you too or it's just me?  Undecided Undecided



400. Post 9202613 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.24h):

:/



401. Post 9221507 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.24h):

Nice retrace there



402. Post 9238385 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.24h):

O MY FUCKING GOD GUYS!


SATOSHI NAKAMOTO ANAGRAM:

SATOSHI NAKAMOTO = SO A MAN TOOK A SHIT!
SATOSHI NAKAMOTO = M.A.: I TOOK NSA'S OATH!


 Shocked Shocked Shocked









lol



403. Post 9263111 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

Quote from: touhonoob on October 20, 2014, 07:41:17 AM
It's the YEAR 2024...Shopping channels have changed a bit since you were a kid

hahaha amazing  Grin



404. Post 9279054 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

Quote from: magicmexican on October 21, 2014, 03:10:49 PM
Looks like all the past countless 24 hours weren't crucial for bitcoin :/
They were not crucial, they were critical.


yeah right  Grin



405. Post 9280834 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

Quote from: BBmmBB on October 21, 2014, 05:44:04 PM
Looks like all the past countless 24 hours weren't crucial for bitcoin :/
They were not crucial, they were critical.


yeah right  Grin


THE NEXT 24HOURS WILL DETERMINE THE FUTURE OF BITCOINTHE WORLD!!!!    Grin

There, fixed it.
Grin

lmao  Grin



406. Post 9280838 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

Quote from: hyphymikey on October 21, 2014, 06:08:40 PM
Does anyone know the Chinese common name for Willy?
Wirry?



407. Post 9290774 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

Quote from: dEBRUYNE on October 22, 2014, 01:14:08 PM
http://www.businessinsider.com/report-11-banks-are-about-to-fail-europes-biggest-ever-stress-tests-2014-10
Hide yo wife! Hide yo kids!







408. Post 9296134 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

ApplePay double spends


http://www.marketwatch.com/story/apple-pay-glitch-charges-some-bank-of-america-users-twice-2014-10-22?mod=lateststories&link=sfmw


TROLOLOLOLOLOL



409. Post 9296253 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

We will have to decide where we wanna go soon.


Personally I wouldn't be surprised if we break down and BTC corrects itself to like $330-$350, but we'll see.
Huobi wall is still there for now...






410. Post 9302747 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.25h):

Quote from: hdbuck on October 23, 2014, 01:19:26 PM



Quote from: NotLambchop on October 23, 2014, 01:26:50 PM




https://www.youtube.com/watch?v=8QJiAK-s5a0#t=02m28s



411. Post 9309053 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

lol


RIP Cryptsy (it was already dead, but whatever)

http://www.marketwatch.com/story/silver-law-group-files-lawsuits-against-cryptocurrency-exchanges-bitcoin-savings-trust-and-cryptsy-2014-10-23



412. Post 9309087 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

.-.




413. Post 9318647 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 24, 2014, 05:51:20 PM
No wonder people are now leaving the bitcoin community and not coming back.
Good. Bitcoin is no longer a wildly hyped asset. They'll come right back as things turn around, as always. Then when shit gets overhyped again and in the midst of a parabola, they'll be telling me about DA FUNDAMENTALZ again.
It still is. The tree needs to be shaken a lot more for that to happen.



414. Post 9319439 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Interesting to note that shorts are down by a lot (8k right now on bitfinex), shorters have been taking profits on this dump.
This means that a lot of buys (shorts being closed) to counteract the drop were executed but we dropped quite a lot regardless.
Also it means a short squeeze is less probable.

Further, interesting to see the lack of a proper bounce (one would have expected a bounce to at least $370, where the recent historic support was) and very low buying pressure around $350, an important level.

In case I need to state the obvious, all of this is pretty fucking bearish.



415. Post 9319972 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: fonzie on October 24, 2014, 11:04:36 PM
Time to pull your stash out of cryptsy....?!

http://www.marketwatch.com/story/silver-law-group-files-lawsuits-against-cryptocurrency-exchanges-bitcoin-savings-trust-and-cryptsy-2014-10-23

https://bitcointalk.org/index.php?topic=833182.0

Also bad newses for Ripple,... looking @Walsoraj  Angry Cheesy Wink
You shouldn't have money in Cryptsy anyway.

In case you do, definitely GTFO.



416. Post 9320071 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

People lost money on Mtgox, they lost money on Cryptorush, they lost money in Mintpal 2...

WTF are you keeping money on an old dead shitcoin exchange like Cryptsy?

Whoever has funds in there is like asking for it.



417. Post 9320080 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Newbie1022 on October 24, 2014, 11:09:19 PM
Interesting to note that shorts are down by a lot (8k right now on bitfinex), shorters have been taking profits on this dump.
This means that a lot of buys (shorts being closed) to counteract the drop were executed but we dropped quite a lot regardless.
Also it means a short squeeze is less probable.

Further, interesting to see the lack of a proper bounce (one would have expected a bounce to at least $370, where the recent historic support was) and very low buying pressure around $350, an important level.

In case I need to state the obvious, all of this is pretty fucking bearish.

Very Good analysis. I actually keep thinking we are going to pivot upwards soon because, although the shorts closed I don't see any new shorts opening up. Also, this is a price where I can see fanatics ramping up on leverage. But... if it goes a little longer without reflecting the price then I will be jumping ship (bought in at $356 earlier today).
Yeah, just be ready if shit starts to get real :-P



418. Post 9324205 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

We are probably going way lower, if $275 turns out to not be the bottom watch for a possible mighty bounce at around $200 where there is that important log trend line.









If it doesn't bounce there, RIP.



419. Post 9324238 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 25, 2014, 11:08:47 AM
Where have i heard that before. Oh right, here, the last 10 months.

ShroomsKit: if you are so bearish on bitcoin why are you here continuously?

To help you guys getting out before you lose all your money.
Only holders though. Traders i can only hope they lose all their money.
Once a holder sells, he becomes a trader. You too were responsible for Bitcoin's fall by selling, same as you accused any of the hated traders.

Fuck, you're retarded and hypocritical.
lol

"Mean ugly traders" sold because of the same reasons as him but at a higher price than him.

They bad.
He good.

Right Shroomkit, riiiiiight.



420. Post 9324292 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: hmmkay on October 25, 2014, 11:18:03 AM
Day/weektraders hurt everything they touch.
Investors who once every few months/years 'trade' something, cannot be put into the same category once they 'sell'.



Wrong.

Traders help price discovery.



421. Post 9324782 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Guys, I say BTC to 2k before tomorrow!!!!!!!!!!!














































































Chinese yuan.



422. Post 9325531 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: edwardspitz on October 25, 2014, 01:52:01 PM
Anyone else experiencing problems on Bitfinex?
What happens?



423. Post 9326524 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Tzupy on October 25, 2014, 03:47:10 PM
Positive divergences in both the hourly RSI and MACD. Combined with the crazily massive OKCoin buying volume, it's time to make up some bull FUD.
I give the bulls about 10 days to recover and break resistance at 420$, if not... Cheesy



424. Post 9327040 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: cbeast on October 25, 2014, 04:21:39 PM
Chooo Chooo, moon here we come.

>Bulls still don't know trains can't go to the moon.
Least intelligent mammals.


If I recall, mostly everybody was supposed to die on that train and a lot of them did (including the one who wasn't supposed to).

I must be the only one here who didn't watch Dr. Who.
Dr. Who What? I don't which Dr. to whom you are referring. Try to be more specific, please.







425. Post 9327339 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 25, 2014, 05:09:44 PM
Short squeeze soon at Bitfinex as the price is nearing the ask wall of that ~2k BTC short. Actually, I'm not sure it's even there anymore. Cancelled?
Shorts increased another 2k or so: 13,458.12 BTC

Great strategy, guys! Short on the way up! Cheesy Cheesy Cheesy

What else are you supposed to do? Buy at the top and sell at the bottom? That's a nice strategy for sure. You can't really get anything wrong, you just do what everybody else seems to be doing at the time. Tongue

When price moves against you, you normally cut your loose, not average your loose down (or up, in this case). The way to trade is PRO trend.

This doesn't apply to special circumstances with extreme spikes on high volume.
You start to short at the top of a bounce, definitely not in the middle of a dump



426. Post 9327381 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

We are at previous historic support from a few days ago. Previous support becomes resistance.

The bounce is weak. shorting at the top of it is a sound strategy.

I give 0 fucks about the quantity of shorts right now. Look at the quantity of longs if you guys want something exciting to think about.


Tight stops as always in case it's REKT time.



427. Post 9327444 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 25, 2014, 05:18:01 PM
You start to short at the top of a bounce, definitely not while it's going down.
No, you always wait for confirmation except in the circumstances I listed, especially when you enter a margin trade that's not only price but time sensitive. If you don't, and categorically short every bounce, good luck in the long run. Cheesy

The polar opposite to this is people who buy every dip.
But yes shorting every bounce is not a good idea. Depends on the circumstances I agree.



428. Post 9327528 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: BBmmBB on October 25, 2014, 05:33:32 PM
  Shocked ====>

LMAO



429. Post 9329445 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

It will go sideways for a while I think, then probably resume down



430. Post 9329522 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Newbie1022 on October 25, 2014, 09:42:10 PM
It will go sideways for a while I think, then probably resume down

Down later tonight, then a $30 pop in the morning on the ECB news, then dropping again once people realize that Bitcoin is not somewhere you put your money to avoid risk... actually, quite the opposite.
Yeah. Not sure the ECB news will cause a pump though.



431. Post 9329527 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Bitcoin horror story, read this:

https://www.reddit.com/r/BitcoinMarkets/comments/2kalug/desperate_personal_advice_sought_after_buying_at/


It's very sad and it's not a joke, I wouldn't even know what to say to that poor guy.
A very important reminder that one should NEVER expose himself to risk in investing/trading more that one is afford to lose.
Never expose yourself to that kind of risk.


Jesus Christ.



432. Post 9329767 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Yeah it's true that it could have been a lot worse.


Edit: Ok I didn't read the last part.
Well in that case he just sounds like a greedy whiny dumb fuck.  lol



433. Post 9330311 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Breaking down on Okcoin right now.

Dump.



434. Post 9331102 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: NotLambchop on October 26, 2014, 01:21:53 AM
Price is meaningless at this point...

/thread
/speculation sub-forum



435. Post 9334777 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Shorters had all the time in the world to close their shorts in profit if their entry was good.


Hopefully this squeeze (almost 15k shorts finex) will go higher so I can get a better shorting opportunity.



436. Post 9334801 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

A shit lot of banks failed the stress test, so let's put our money in a currency that lost 70% of it's value in less that a year!

Yay



437. Post 9334868 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: davidorentol on October 26, 2014, 12:36:27 PM
A shit lot of banks failed the stress test, so let's put our money in a currency that lost 70% of it's value in less that a year!

Yay

The same currency gain  33 000 % over 5 years
But that has no guarantee of repeating such stunts, since the fiat required for similar pumps is now exponentially higher.



438. Post 9335123 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Newbie1022 on October 26, 2014, 01:00:23 PM
Get your cheap coins... bahahahaha... cheap coins everybody. They'll never be at $XXX ever again. Nobody wants to touch these things with a metal dildo. It might not matter that the shorts have gone crazy. Demand = Zero!  Shocked
Exactly.
No demand, at least at current prices.


Aside from the obvious bounce from the $275 bottom, the only pumps are stop hunts and little short squeezes, that should tell you guys something.



439. Post 9335645 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: tarmi on October 26, 2014, 01:56:35 PM
that dino looks like risto and the last time I checked he was calling bottoms.
ROTFL.



440. Post 9337972 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

jonoiv:


I don't think that just because the recent bottom reached an important fibo level it won't go lower. I don't see why you would take that as a sure sign that that was indeed the final bottom.

You say that the same happened with the April bubble. Well, even following your reasoning, the same definitely didn't happen during the 2011 bubble, the price dropped much lower, for example.



441. Post 9338053 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Sideways:






442. Post 9338217 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: blatchcorn on October 26, 2014, 06:27:52 PM
Shall I go long or short?
Whatever you do, just bet it all:



https://www.youtube.com/watch?v=JhbhExed-OE








PS: Just kidding eh, don't do that.



443. Post 9339337 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 26, 2014, 08:53:00 PM
I have a question for those who still believe in a crazy price rise and mainstream adoption.
It's been 6 years. 99.9999% of the world out there doesn't give a shit about Bitcoin, bank fees, decentralization and so on.
Why do you think that after 6 years (six!!) this suddenly will change?
How delusional do you have to be to believe this?
Bitcoin's real benefits (first digital asset with no counterparty and unalterable monetary inflation) never were in being a currency, that's just what some hipsters and feel good guys thought up. People like you, who then get disappointed that their unrealistic visions do not get fulfilled.

Even if Bitcoin was to ever become a currency, do you seriously think this transition could take any less than a few decades? Humans are very slow to change, it takes generations.
Wait, did you just try to give a serious answer to a ShroomsKit post?



444. Post 9340582 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: inca on October 26, 2014, 11:48:11 PM
If crypto goes mainstream it will not be anonymous.

if cash goes mainstream it could never be anonymous ... see how stupid that sounds?

Market will choose the best money available and that will be anonymous, private. Anything less is shitty prison money for slave plantations, even sheeple get that.

I don't think the average person really cares that their financial transactions are totally anonymous. The average person does not understand the simple concept of inflation.

Markets choose the best option available to them. Completely anonymous cryptocurrency will be stifled by the existing power structures if it tries to rise up. Bitcoin or a successor is good enough.

The comparison with cash is not particularly useful. Cash is being phased out in the Western world fairly rapidly, with not a whimper from the sheeple either.



Amir Taaki and Cody Wilson are developing Dark Wallet for BTC. Then BTC will be 100% anonymous (if you use Dark Wallet of course). There's nothing you can do to stop them.



445. Post 9340634 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

 Cheesy Cheesy

You gotta admire adam's perma-bull kamikaze persistance tho  Grin



446. Post 9340645 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.26h):

Quote from: inca on October 26, 2014, 11:59:41 PM
Amir Taaki and Cody Wilson are developing Dark Wallet for BTC. Then BTC will be 100% anonymous (if you use Dark Wallet of course). There's nothing you can do to stop them.

Laudable aims, though I would prefer 'privacy wallet' or something a little less deliberately provocative. Whilst I agree with the premise of the project in principle I think they are terrible PR for bitcoin right now.

They are being provocative on purpose.



447. Post 9347397 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

20k BTC in Swaps at Bitfinex.

What. The. Fuck.



Not sure if whale shorting, whale taking all the swaps to fool bulls expecting a short squeeze or simply everybody and their granma shorting ...



448. Post 9347419 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: mmitech on October 27, 2014, 04:24:53 PM
I dont understand, I can see longs with the buys appearing but I don't see any huge sells with the kind of these shorts (+20K BTC), I just don't get it.
Yeah that's odd, maybe this:


Quote from: Wandererfromthenorth on October 27, 2014, 04:26:22 PM
whale taking all the swaps to fool bulls expecting a short squeeze



449. Post 9347461 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

BTC swaps back at 17k?Huh



450. Post 9347506 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

BTC swaps at 20k few minutes ago and now back at 17k even if there's no such volume at bitfinex.

Unless it's just a bitfinex glitch, I guess the "whale playing tricks" might be the correct hypothesis.





451. Post 9347633 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

One thing is for sure, nobody actually shorted those 3k BTC just now that made the quantity of BTC swaps go from 17k to 20k and then back to 17k.



452. Post 9347995 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: grappa_barricata on October 27, 2014, 04:59:47 PM
One thing is for sure, nobody actually shorted those 3k BTC just now that made the quantity of BTC swaps go from 17k to 20k and then back to 17k.

I have been wondering about this as well. I wonder if this only account for shorts OR also includes swaps reserved for shorting. If the latter, they might be accumulating swaps (ammo) to do a big market sell-off in one or a few furious blows.

That's what I wonder. I really don't know. Does anybody else. If I knew I would have entered a position one way or another by now.

They say 'sum of active swaps'. I think this include only swaps actually used in a position, and not the reserved ones.
No it's just the reserved ones, we technically don't know how much of those are used in positions.



453. Post 9349260 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: bobboooiie on October 27, 2014, 07:32:21 PM
what is an actual interest rate at bitfinex right now?

Quote from: Wandererfromthenorth on October 27, 2014, 02:42:50 PM
If you loan BTC right now you earn 0.15% a day.
If you loan USD right now you earn 0.08% a day.

This is the flash return rate ("the default"), but you can put a different percentage and people can accept your offer.



454. Post 9350191 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: inca on October 27, 2014, 08:54:30 PM
Epic battle of our time sounds good. Bulls versus Bears. Good vs Evil Smiley
How's that?






455. Post 9350471 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

SATOSHI NAKAMOTO ANAGRAMS:



SATOSHI NAKAMOTO    =

-A HOOK TO SATANISM
-I AM NSA, TOOK OATHS
-SO A MAN TOOK A SHIT




 Shocked Shocked Shocked Shocked Shocked Shocked Shocked



RUN FOR THE HILLS!!!!!!!



456. Post 9350964 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Why is nobody commenting on the Satoshi Nakamoto anagrams???   Cry Cry Cry Cry Cry


It's mind blowing shit for fuck's sake LOL Cry



457. Post 9351133 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Should we use Bitfinex or OkCoin trend lines? mmh



In one or two days the Bitfinex triangle should close and we should decide which way to go.
Or maybe some big whale just decides to market dump (that I cannot predict  Cheesy) on support right now, we break down and panic ensues.


Some support on Bitfinex was just pulled (while other 1000 BTC was dumped on few hours ago).



458. Post 9351215 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Looks like market is preparing to leave the sideways and start the next big move (I give it one or two days if not less, by the look of things I'd say down eheh).

Support is starting to get pulled on various exchanges. Keep a close look at the depth chart and how it changes  Wink



459. Post 9351298 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Support being pulled and dumped on. It is a fraction of what is was a few days ago.



460. Post 9351840 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: BitAddict on October 28, 2014, 12:45:48 AM
Question: Is the whole world shorting bitcoin, or just bitcoiners?

I think only bitcoiners are crazy enough to deposit money into not reliable bitcoin exchanges.
Bitfinex is no EmptyGox.
They are legit.



461. Post 9352259 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

https://coinfire.cf/2014/10/27/sec-begins-sending-investigation-letters/



462. Post 9352470 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

http://qntra.net/2014/10/fincen-payment-processors-others-may-be-regulated-money-transmitters/?utm_source=twitterfeed&utm_medium=twitter



463. Post 9355957 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

MMhh, some support at bitfinex is back though...



464. Post 9356039 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

I don't know about child pornography so can't comment on that, but "digital piracy significantly curtailed"? In what planet exactly?




465. Post 9356112 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Yeah, because having the possibility to go in a random torrent site and download torrents for almost any movie, ebook, song and file in general without any repercussions sounds like "curtailed digital piracy".

A total success.



466. Post 9361224 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: Sitting Bull on October 28, 2014, 08:23:33 PM


http://www.reddit.com/r/Bitcoin/comments/2kjtsr/because_no_one_wants_their_coffee_to_cost_000347/
Very nice tho, exchanges and everyone else should start using this, it's better than using BTC unit.



467. Post 9362775 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: BlindMayorBitcorn on October 28, 2014, 11:03:31 PM
Where's the dumping? Slow day
Wait for the pennant to close, should be in less than 24h.





468. Post 9362988 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: ShroomsKit on October 28, 2014, 05:41:04 PM
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

Quote from: ShroomsKit on October 28, 2014, 11:41:43 PM
I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



469. Post 9362995 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

^^^^^^^^^^    




Shroomskit for you ladies and gentlemen.
Both posts are from today.

No comment.





470. Post 9363328 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

My take on it:

Right now there is simply too much fucking support on Bitfinex, BUT as I said yesterday I witnessed that same support being pulled when we were starting to go down (but price respected the pennant formation we were in and still are), so that's no guarantee.

Best thing to do is wait when we exit the pennant and react to what happens (while waiting for volume to confirm the breakout / breakdown).


IF we bounce up, I don't expect it to be a strong rally, it will probably stop at $365-$370, and then down again for the next consolidation or dump to the ground.


If China leads the bear charge and Bitfinex support at around $340 starts to get pulled, that's the signal that bloody waterfalls of doom are coming.





471. Post 9364510 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Crash incoming:

Right about now.





472. Post 9368090 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Careful bulls, this thing will crash, support just cracked.


Quote from: Wandererfromthenorth on October 29, 2014, 03:30:05 AM




473. Post 9368251 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Volume is not amazing, but don't worry, low volume dumps with very weak buying pressure is anything BUT bullish  Grin


We will probably revisit the low $300s, and maybe even go down as low as $230-$210 before the big bounce (there's the long term log trend line there, that will make for a local bottom).

All that in the next few days, but it will probably take like a week or so.



474. Post 9368957 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Red lava waterfalls:







475. Post 9369156 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

You can't say that I didn't warn you (warned you with PERFECT TIMING niggas).


You're welcome  Grin



476. Post 9370058 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Bulls be like:





477. Post 9370067 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: Tzupy on October 29, 2014, 02:25:41 PM

Grin



478. Post 9370176 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):




479. Post 9370190 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: grappa_barricata on October 29, 2014, 03:19:19 PM
less than 2 hours to the FOMC announcement... what kind of effect will it have on btc/usd price?
In general in BTC markets when we break key support levels like we just had there's nothing that can be done to stop the dumps until we find a local bottom much lower.
News won't do anything IMHO.



480. Post 9372966 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: fonzie on October 29, 2014, 04:33:40 PM
^ My friend's comment about drone/industrial:  "Spent thousands on this stuff.  Should'a just gone down to the basement and listened to my furnace." <==true story

(last OT post)

pffffff,

My last comment: "You´re not true if you don´t own multiple copies of the whole Merzbow discography!"

http://www.discogs.com/artist/12551-Merzbow

Edit:

or Agathocles  Cheesy

http://www.discogs.com/search/?q=agathocles
Merbow is not bad!

What about Gerogerigegege?


https://www.youtube.com/watch?v=ZPGTuidwxm4

LOL



481. Post 9373293 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: fonzie on October 29, 2014, 07:21:24 PM
^ My friend's comment about drone/industrial:  "Spent thousands on this stuff.  Should'a just gone down to the basement and listened to my furnace." <==true story

(last OT post)

pffffff,

My last comment: "You´re not true if you don´t own multiple copies of the whole Merzbow discography!"

http://www.discogs.com/artist/12551-Merzbow

Edit:

or Agathocles  Cheesy

http://www.discogs.com/search/?q=agathocles
Merbow is not bad!

What about Gerogerigegege?


https://www.youtube.com/watch?v=ZPGTuidwxm4

LOL

Nothing wrong with them, i own at least one 7" and a tape from them, haven´t listened to it for about ~ 10 years though.  Cheesy  Wink
Short lo-fi noise attacks got a bit too stressful for me nowadays.

Edit:

Best Japan-Noise livegig ever:

https://www.youtube.com/watch?v=rxJUbd66Vcc

"Hanatarash was notorious for its dangerous live shows. Some of the band's most infamous shows included Eye cutting a dead cat in half with a machete, strapping a circular saw to his back and almost cutting his leg off, and destroying part of a venue with a backhoe bulldozer by driving it through the back wall and onto the stage.[2]

At a 1985 show in Tokyo's Superloft, the audience was required to fill out waivers due to the possibility of harm caused by the show. The show was stopped due to Eye preparing to throw a lit molotov cocktail onto the stage. The performance cost ¥600,000 (approximately $9,000 US) in repairs.[3]"

lolol

lmao that's fucked up

Another crazy mofo, not that extreme tho:

https://www.youtube.com/watch?v=bKuZzR2FknI



482. Post 9373513 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: WeGotCactus on October 29, 2014, 07:43:01 PM


Not sure you can say that, the same formation happened before and was followed by more down.
Also, the circumstances were different than what they are now...





483. Post 9374432 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

CHINA LEADING THE CHARGE AND CONSISTENTLY MAKING NEW LOWS!

OKCOIN IS LEADER! AND CHINESE SAY DOOOOOOWN!









484. Post 9374764 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: ShroomsKit on October 29, 2014, 09:57:53 PM
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"?

I know one idiot that said those things today, there you have it:
Do you know him?


Quote from: ShroomsKit on October 28, 2014, 11:41:43 PM
(...)
I feel sorry for all the idiots who sold at these ridiculous prices
and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



485. Post 9380027 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Fucking nailed it LOL:


Quote from: Wandererfromthenorth on October 29, 2014, 03:12:18 AM
In before Shroomskit turns bear once again and pretends that the things he just said about idiots selling and him HODLING never occurred.

LOL!



Quote from: ShroomsKit on October 29, 2014, 09:57:53 PM
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"?




486. Post 9381196 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

...In the meantime, new low on china




487. Post 9381234 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Just one thing:

"Forget the wife, he'll get rich"?

^^^^
That's fucked up bruh.



488. Post 9381520 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: fonzie on October 30, 2014, 01:13:18 PM

lol



489. Post 9381560 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Bitfinex just joined the fun






490. Post 9381601 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

What do you say? the dumps are over?




http://www.reactiongifs.us/wp-content/uploads/2013/09/dont_believe_you_anchorman.gif



491. Post 9381779 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

The wall on bitfinex was just dumped on, whether self dumped or not (to create volume), you know what the result is  Grin



492. Post 9381817 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.27h):

Quote from: gizmoh on October 30, 2014, 01:38:48 PM
The wall on bitfinex was just dumped on, whether self dumped or not (to create volume), you know what the result is  Grin

Dumped with Borrowed coins .. when is the squeeze coming  Roll Eyes
At $210  Grin



493. Post 9381872 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

This slow bleeding is just the beginning, wait til you see the real dumps  Grin



494. Post 9382147 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: SkyValeey on October 30, 2014, 02:05:07 PM
0.618 seems legit



edit: too much people wait for double bottom
lazy moves
similar to May 2014
Toom much people wait for double bottom.

That's why we are going lower  Grin

PS: It doesn't show the image.



495. Post 9383075 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

This:












...To become this:








?



496. Post 9383248 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: cbeast on October 30, 2014, 01:04:04 PM
It took decades for people to figure out how to harness the power of Uranium.
And it will not take too long for Bitcoin BEARS to harness the power of  URANUS!










 Grin



497. Post 9387760 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

This pump was fake people.   It was just an overdue short squeeze.     




498. Post 9387786 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

The guy who put the 16k BTC Bitfinex wall who triggered the squeeze (DrewR) expects $200 this year, just go read the tradingview chat for yourself (I'm not kidding). nuff said lol.



499. Post 9387833 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: fonzie on October 30, 2014, 10:47:18 PM
The guy who put the 16k Bitfinex wall who triggered the squeeze (DrewR) expects $200 this year, just go read the tradingview chat for yourself (I'm not kidding). nuff said lol.

Link to the chat plz, i´m too lazy.  Smiley
Grin





500. Post 9387879 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: BitAddict on October 30, 2014, 10:55:42 PM
Is that a private chat?
No no you it's the Tradingview chat, you can check the chat history even like right now.



501. Post 9399439 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Don't know if already posted, but the big and historical mining pool BTCGuild shuts down on government regulation:

Pretty big news...


http://www.reddit.com/r/Bitcoin/comments/2kwmhd/btcguild_shutting_down/


"it is a scary landscape to continue operating in"



502. Post 9403097 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

What do you say? Thank you for the profits?
You're welcome.

Grin



Quote from: Wandererfromthenorth on October 29, 2014, 12:21:45 PM
Careful bulls, this thing will crash, support just cracked.












503. Post 9403609 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: fonsie on November 01, 2014, 01:41:58 PM
In the meanwhile al the coins being dumped now are also being bought.
...by speculators who wanna sell at a bounce and by short sellers taking profits on their positions.
For the most part.



504. Post 9411406 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

lol



https://pbs.twimg.com/tweet_video/B1ZETYhCEAAL6oc.mp4



505. Post 9411740 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Okcoin going for it



506. Post 9411770 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):




507. Post 9416317 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

sideways



508. Post 9417904 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: BlindMayorBitcorn on November 02, 2014, 11:36:31 PM
This thread is a soap opera
shhhhhh

I'm trying to enjoy the show:






509. Post 9418279 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: barbs on November 03, 2014, 12:29:24 AM
Take a breather and enjoy some of Mark Karpleses musings from september.
http://www.thedailybeast.com/articles/2014/09/17/mt-gox-s-karpeles-on-losing-a-half-billion-bucks-in-bitcoins.html
Better yet, learn to make some delicious apple pie à la française!

https://www.youtube.com/watch?v=GQ3g6IwrZZg






510. Post 9423561 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: janos666 on November 03, 2014, 02:22:11 PM

This orderbook seems so cheesely prefabricated... dumpage incoming!

Looks like a tsunami to me, that usually mean we would go up

These new kind of walls they have been building lately seem to be electromagnetic. They always pull in the front line, never push it away.
When big walls and chunks of support are placed quite lower than current market price, it's a bearish signal not bullish.
It means that the market is betting on the price to go there and test those lows.



511. Post 9423606 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.28h):

Quote from: podyx on November 03, 2014, 02:29:38 PM

This orderbook seems so cheesely prefabricated... dumpage incoming!

Looks like a tsunami to me, that usually mean we would go up

These new kind of walls they have been building lately seem to be electromagnetic. They always pull in the front line, never push it away.
When big walls and chunks of support are placed quite lower than current market price, it's a bearish signal not bullish.
It means that the market is betting on the price to go there and test those lows.

Well... We all know how the market moves.
It moves in such a way that will make as many investors as possible lose as much money as possible.

When there's alot of bids just right infront of the bitcoin price however, then that is usually a bearish sign
?



512. Post 9427989 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: ShroomsKit on November 03, 2014, 09:36:00 PM
Oh great, dumpers. Who would've guessed. Imagine letting the price go up. We can't have that. Down down down we must go. Every day. Down. Till we are at 0.

Are there still people here who think this is normal behaviour and this is what the price should look like?
No, everybody knows that normal market behaviour is when everybody buys ad infinitum so price goes up 20% every single day and not a single person market dumps.


In fact when market doesn't please the perma-bulltards it's clear that manipulation is the only possible explanation  Roll Eyes



PS: Why am I even replying to that troll?



513. Post 9428752 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Finally some action? OKCoin seems ready to break to the downside. If volume picks up (china wakes up soon) the next round of dumps might start.



514. Post 9429179 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

1: bring your mouse cursor right below Shroomskit's avatar.
2: Click "ignore".
3. ??
4: Profit!



515. Post 9429875 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Damn, didn't follow the Winlevoss presentation but reading the comments on twitter from people that were there it was a total disaster. They say people were just exiting the room for how boring and awkward it was...




516. Post 9434225 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

If you guys want something truly hilarious, go check the Equinoxcoin thread, the developer hosted an ICO (much like an IPO), instantly dumped everything on noobs and is now posting photos and videos of him partying with the users funds!


https://bitcointalk.org/index.php?topic=746191.msg9432928#msg9432928

https://bitcointalk.org/index.php?topic=746191.msg9433324#msg9433324

http://giphy.com/gifs/3rgXBvcOJ4ouXlR5h6




LOL



517. Post 9436243 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Watching BTCChina melting is pretty funny.



518. Post 9436515 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Damn BTCChina what the hell.




519. Post 9443879 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

A little uptrend there, I think we can go to $355-$360 for now (before possibly resuming down).



520. Post 9445239 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

The downtrend is not over, I still think we'll break $300, but for now we are in a little uptrend.
Ride the waves mofos  Grin



521. Post 9449239 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: macsga on November 05, 2014, 08:03:43 PM
Very volume.



Huh. Sure you're looking at the right thing?
...

Pretty sure.  Also lol @"Chinese volume."
Not expecting any drama today.  Not to the upside, at least.  Been wrong before, tho Undecided

I believe you should stay all Fiat. In the meantime please entertain yourself by reading a nice nursery rhyme:

http://wolfstreet.com/2014/10/30/the-wrath-of-draghi-first-german-bank-hits-savers-with-negative-interest-rate/

Quote
Deutsche Skatbank, a division of VR-Bank Altenburger Land, which was founded in 1859, is not the biggest bank in Germany, but it’s the first bank to confirm what German savers have been dreading for a while: the wrath of Draghi.

Retail and business customers with over €500,000 on deposit as of November 1 will earn a “negative interest rate” of 0.25%. In less euphemistic terms, they have to pay 0.25% per annum to the bank for the privilege of handing the bank their hard-earned money or their business cash.


Cheers.
Why lose 0.25% of your money in a year when you can use Bitcoin and lose 60% of your money in the same year  Angry



522. Post 9456629 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Phillis on November 06, 2014, 01:37:25 PM
huobi with some fake volume Smiley
fixed



523. Post 9457181 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: btcney on November 06, 2014, 02:33:27 PM
http://www.cityam.com/1415215686/bitcoin-bust-why-investors-should-abandon-doomed-cryptocurrency

 Shocked Shocked Shocked  Angry Angry
He has a point regarding mining centralisation though.



524. Post 9457721 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Wandererfromthenorth on November 05, 2014, 10:30:35 AM
A little uptrend there, I think we can go to $355-$360 for now (before possibly resuming down).



525. Post 9458637 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

RIP Blake Benthall  Embarrassed
Life in prison FFS.



526. Post 9458988 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

If you bought something from the SR2, you're REKT:

https://twitter.com/Bitcoin_Watcher/status/530409349047676929



527. Post 9459223 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: oda.krell on November 06, 2014, 05:54:45 PM
P.S. Hi SR2. Again, November. Weird.
And on top of that. The same day (6th november)! lol



528. Post 9459386 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Wandererfromthenorth on October 28, 2014, 11:47:01 PM
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



529. Post 9459820 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: oda.krell on November 06, 2014, 06:58:50 PM
It's not the buying of drugs online that puzzles me. Seems to beat the alternative of having to deal with potentially hazardous interactions with drug dealers on the street.

What escapes me is how they solve the problem of having to provide a shipping address at some point. That seems like the real weak point to me, as a buyer. (Yes, I know, PO boxes exist, but to my knowledge, renting one usually requires some form of ID).

Anyone knows how the actual customers solve this dilemma? Hoping they stay below the threshold for being targeted by LE?
The real life address was PGP encrypted only the vendor could see it.




530. Post 9460263 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

How the FBI just made the world a more dangerous place by shutting down Silkroad 2.0 and a bunch of online drug markets


http://www.washingtonpost.com/blogs/wonkblog/wp/2014/11/06/how-the-fbi-just-made-the-world-a-more-dangerous-place-by-shutting-down-silkroad-2-0-and-a-bunch-of-online-drug-markets/



531. Post 9460469 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Thomas-s on November 06, 2014, 08:06:18 PM
So OpenBazaar will launch soon?  Smiley
Still in beta, I think December or January version 1.0



532. Post 9464142 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.29h):

Quote from: MrPiggles on November 07, 2014, 04:07:38 AM
jesus fuckin christ, has anyone read the criminal complaint against SR2 yet? The guy rented the server using his personal gmail and didn't even use a VPN to log in

what the titty fucking christ, are they serious
lmao



533. Post 9483347 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

We should have an answer in a few days/weeks, when we exit this thing:




534. Post 9483404 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

The way I see it:  We don't see much real buying pressure in this market anymore (while there's plenty of potential selling pressure).
The only panic buying lately was the $275-$415 obvious bounce after the biggest flash crash yet during the dumps from $680.

The $275 was a pretty obvious local bottom: convergence of a bunch of important trend lines + previous bubble's peak + biggest flash crash yet.

If the weak buying pressure doesn't allow us to have real breakouts and real rallies, average joes and big whales (and god knows there are a lot of them) will panic and we will cut through previous support like a hot knife through butter.

...And there is all the time in the world for that.



535. Post 9483613 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Wary on November 09, 2014, 12:18:33 AM
We should have an answer in a few days/weeks, when we exit this thing:


As oda.krell has recently pointer out, there are many ways to draw a line:



One of lines was recently crossed and ... nothing happened. Sad
Do you refer to the one we just crossed? I wouldn't call that an important trend line. Not something I would have drawn, personally.



536. Post 9483651 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: oda.krell on November 09, 2014, 12:29:36 AM
Stock trading is just gambling. Apparent skill at trading is an artifact of human brains seeing patterns in randomness that don't exist.

There's a lot of insightful stuff coming from you usually. I honestly can say, you're one of my favorite posters in here. So would you please do me the favor and educate yourself a bit more on this topic?

Starting point could maybe be

http://rfs.oxfordjournals.org/content/2/4/527.abstract

or alternatively

http://www.nber.org/papers/w20592

The latter amusingly was brought to my attention in a discussion about how the EMH effectively prevents market prediction a.k.a. technical analysis. The article actually says the opposite. It simply - and correctly - points out that significance levels in testing profitability of technical methods need to be adjusted to account for "non results".
It's simple really.

People don't know how trading or TA works, they try to trade, they lose money (or they never try it at all, speaking without first hand experience).

Their conclusion?

-I am not currently able to trade, I didn't apply myself as I should have, or maybe I simply don't know enough about it yet. I should educate myself more.
-Trading is gambling, TA doesn't work, it's all random (or insider trading).




Simple as that.




537. Post 9483808 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 09, 2014, 12:43:17 AM
I'd prefer if a competent member of this community would put a bit more effort before forming convictions, on the other hand.
You're making unwarranted assumptions about my background.
Please elaborate.



538. Post 9487316 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Possible triple top and we touched the downtrend trend line (since the august drop), either we break it and it becomes pretty bullish, or we get a late nasty week end dump.



539. Post 9490815 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: ssmc2 on November 09, 2014, 08:28:00 PM
Adam, why aren't your posting sir?
Adam = Blake Benthall ?



540. Post 9491676 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Wandererfromthenorth on October 28, 2014, 11:47:01 PM
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



541. Post 9492168 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: podyx on November 09, 2014, 11:19:38 PM
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ
Just stay away from 20X leverage son. You'll get motherfucking REKT. You are just asking for it. Trust me.



542. Post 9498482 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

If you wanna go long, wait for a bigger pullback



543. Post 9498503 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Tzupy on November 10, 2014, 03:58:17 PM
I didn't look for a while, was there a 5k dump on OKcoin?
I didn't look either, but probably fake volume, the okcoin depth chart never has walls that big...



544. Post 9501717 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: ShroomsKit on November 10, 2014, 10:01:38 PM
Look at the dumpers. It drives them nuts that their coins are worth so much. They just have to dump to make sure we go down. They can not let this happen!


Quote from: Wandererfromthenorth on October 28, 2014, 11:47:01 PM
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



545. Post 9501753 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Just post that every time Shroomskit posts here. Eventually he reads it from one of the members that he still hasn't put on ignore lol



546. Post 9501795 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Again, if you wanna go long or whatever, wait for a much bigger retrace than this thing.



547. Post 9510471 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Looks like we will break and go to $355 or something next few days.



548. Post 9510483 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: empowering on November 11, 2014, 03:04:14 PM

“Most doctors will not want to install the implant so a body manipulation artist (preferably not just tattoo artist or piercer) will be your next best bet, but make sure they work according to strict hygiene codes and know what they are doing,”

That was completely 100% NOT sterile technique by any means.

And who would actually store their **private keys*** in their hand that is readable by NFC? Don't make me laugh.

oh for sure I hear you.. this is primitive in its way.

Although I am also certain that in the future more and more technology will go inside the body, it is not that far away.

(and then we will go inside technology, and then who will know where one ends and the other starts)


There you go, the AVATAR project:

http://www.digitaltrends.com/cool-tech/dmitry-itskov-2045-initiative/

This guy thinks that in the future we will be able to transpose human consciousness into artificial bodies.


Sounds insane and I was surprised myself but the project can count on names such as Marvin Minsky, the well known cognitive scientist, among others.

Crazy shit indeed tho  Cheesy



549. Post 9511533 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: inca on November 11, 2014, 07:14:20 PM
Looks like we will break and go to $355 or something next few days.

Really? Smiley
Possibly, as I said for who wants to go long, wait for a bigger retrace.



550. Post 9512433 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

hahahahahahahahahahahah

That image actually made me LMFAO  Grin



551. Post 9513336 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: shmadz on November 11, 2014, 10:05:03 PM
Looks like we will break and go to $355 or something next few days.

Really? Smiley
Possibly, as I said for who wants to go long, wait for a bigger retrace.

Oops, to late, I just bought some more. I guess putting new tires on the car will just have to wait  Wink

(I hope it doesn't snow, lol)
lol

No but buying is fine, is more about going long on margin now that is risky, you don't wanna start to baghold a leveraged margin position eheh



552. Post 9513619 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: podyx on November 11, 2014, 11:01:21 PM
Looks like we will break and go to $355 or something next few days.

Really? Smiley
Possibly, as I said for who wants to go long, wait for a bigger retrace.

Oops, to late, I just bought some more. I guess putting new tires on the car will just have to wait  Wink

(I hope it doesn't snow, lol)
lol

No but buying is fine, is more about going long on margin now that is risky, you don't wanna start to baghold a leveraged margin position eheh

How low do you think we would go? Not sub 350 right?

If one were to go long 20x here, you wouldn't get margin called until about $350 and it might not go down so leveraging here don't sound too stupid imo, to make sure one won't miss the train

2h chart looking bullish too
For god's sake no don't go long 20X now.
I see you are eager to trade on big leverage.

Trust me, unless you REALLY know what you are doing I suggest you don't go big or you'll find yourself totally REKT with less than half of all your funds before you know it. You don't want that.

And even it tomorrow it shoots up (you don't know that now) don't go all "maaaan I could have made a killing if I would have put all 20X leverage yesterday!"
^^^This is the thought process of a gambler not a trader. A trader needs a strategy, not big wins on luck, or he will lose eventually.

How much experience do you have in trading and on trading on margin?



553. Post 9517530 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Eidt: I just saw that a new thread has been created for that  Grin



554. Post 9517714 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Damn, wasn't expecting that amount of bullishness



555. Post 9517757 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Quote from: ask on November 12, 2014, 10:48:47 AM
Damn, wasn't expecting that amount of bullishness

I think it is time for you to change your nick to Wandererfromthesouth.
Cheesy



556. Post 9520514 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Some dude that I know has insider info that some good big news is gonna be released soon.

Don't trade on that, just ignore it, just be aware that something big might come out soon  Grin



557. Post 9520570 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):







558. Post 9520831 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Almost about to break the double top at huobi.

Shit's going quaezy!



559. Post 9520867 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

Looks like the next major correction will only be at $450-$460.



560. Post 9520879 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.30h):

New high at Huobi, it technically broke the double top  Grin

Edit: and on OKCoin too now Cool



561. Post 9522165 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOM



PS: sorry, I was out, returned and saw that shit.



562. Post 9523159 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Holy fuck I did not expect it to hit so fast LOOOOOOL

Quote from: Wandererfromthenorth on November 12, 2014, 04:21:06 PM
Looks like the next major correction will only be at $450-$460.





563. Post 9523167 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Holy fuck I did not expect it to hit so fast LOOOOOOL

Quote from: Wandererfromthenorth on November 12, 2014, 04:21:06 PM
Looks like the next major correction will only be at $450-$460.






^^^ OKcoin futures



564. Post 9525507 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Oh cmon now, we touched the crucial resistance at $450-$460 on Okcoin, a correction to this RIDICULOUS parabolic move is to be expected.

A retracement to $410 or $400 before the next leg up is very possible and would be healthy.



565. Post 9525522 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: oda.krell on November 12, 2014, 10:55:59 PM
Never mind me, just one last observation, about volume support, for today.... If you know what it (likely) entails, good. If not, okay as well Smiley








G'night everyone. Been an interesting day.
Nice observation.



566. Post 9525632 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: grappa_barricata on November 12, 2014, 11:08:48 PM
Oh cmon now, we touched the crucial resistance at $450-$460 on Okcoin, a correction to this RIDICULOUS parabolic move is to be expected.

A retracement to $410 or $400 before the next leg up is very possible and would be healthy.

You are right, but we already had a particularly strong shakeout earlier, so maybe we'll not have a proper retracement for today.
Agreed. It doesn't have to be today, it might take a little more.



567. Post 9531395 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: akujin on November 13, 2014, 12:57:23 PM
Please raise your hand if you sold at the bottom of that dump. I know many of you traders did.

Grin  Grin Grin
Grin Grin Grin Grin



568. Post 9535275 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

My only advice is to avoid trying to be clever with margin trading right now (especially the 10X and 20X leverage on OKCoin), you will get REKT if you don't.



569. Post 9537918 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Nevermind, dumps are relentless, maybe a bounce into the $370.



570. Post 9544172 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: zakalwe on November 14, 2014, 06:24:29 PM
@NotLambchop





Hahahahahahahahahahahahahahahahahahahahahahahaha Ben detto grappa!


Non diteglielo, ma penso che tutto quel postare unicorni gli abbia dato alla testa e adesso è frocio perso (niente contro eh)  Tongue



571. Post 9544613 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: JimboToronto on November 14, 2014, 07:19:19 PM
What happened to Chart Buddy?
Yeah, Adam and chart buddy the bot just disappeared  Shocked



572. Post 9544784 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: ChartBuddy. on November 14, 2014, 07:34:39 PM

Explanation
You are an imposter  Angry

Where's the real chart buddy mah nigga?



573. Post 9545767 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: kodtycoon on November 14, 2014, 09:16:43 PM
OKCoin futures just tilted up.

Buy buy buy!

where do i see the futures chart?
https://www.okcoin.com/future/market.do?symbol=0



574. Post 9545922 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.31h):

Quote from: ShroomsKit on November 14, 2014, 09:34:22 PM
Jimbo seems to be the only decent human being on this forum. The rest of you are idiots.

Quote from: Wandererfromthenorth on October 28, 2014, 11:47:01 PM
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



575. Post 9553458 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Quote from: Blitz­ on November 15, 2014, 05:42:17 PM
...snip...

Blitz, you realise the Shroomskit account is used by (and this is an IIRC from a Shroomskit post months back) four different people (shared house? company) -- which explains the lack of consistency and distinct personality changes in posts every few days/hours.  And none of them give a fuck about what the others post.

So, keep posting this is a bit like posting Parashat ha-Shavua to prove the Pope is Catholic. Save your time/bandwidth.

He's lying to hide his shame. Just have a look at his writing styles/personas and you'll see they're consistent.
Of course it's always the same person.
He is exactly what you would call a troll, 100%.

I think I have seen like a dozen of his personalities in this thread, but it's clear is always him.




576. Post 9553523 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Quote from: podyx on November 15, 2014, 06:07:20 PM
Put on your seatbelts folks!
For all we know, the volume might just mostly be china fake volume.



577. Post 9554246 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

If you bought BTC one year ago:


http://oneyearbitcoin.info/



578. Post 9555425 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Quote from: grappa_barricata on November 15, 2014, 10:01:28 PM

Congratulation! You have earned a trollipop.

lol



579. Post 9555907 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Quote from: podyx on November 15, 2014, 10:59:55 PM
15kBTC were closed on Finex (down to 5k from the top of 20k) that takes a lot of choo choo off the train  Cry

Really??
Yep. Check it out.

http://bfxdata.com/combined/btc.php



580. Post 9555990 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Quote from: podyx on November 15, 2014, 11:16:20 PM
15kBTC were closed on Finex (down to 5k from the top of 20k) that takes a lot of choo choo off the train  Cry

Really??
Yep. Check it out.

http://bfxdata.com/combined/btc.php

Maybe it means people are starting to get bullish?
5k BTC of volume is pretty much the volume for the last 6 hours at bitfinex, and price didn't move much (only down). It means that the only support/buying was shorts being closed, zero real buying pressure whatsoever at bitfinex.


Assuming that those swaps were actually used in shorts and not just reserved, that is.



581. Post 9556546 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Chart Buddy doesn't give a fuck anymore.



582. Post 9562567 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

At least chart buddy returned and he's working properly lol



583. Post 9562999 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Quote from: YogoH on November 16, 2014, 07:03:03 PM
Guys, all we gotta do is get 10 million people to buy 1 bitcoin. How hard could that be?
"It's not a pyramid scheme"




584. Post 9563056 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

To be totally honest I'm not so sure about what the price will do next at this point.



585. Post 9575392 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Making history guize!!!
10k soon!


...pages in this thread   Tongue



586. Post 9575768 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

Quote from: soullyG on November 17, 2014, 11:32:14 PM
Idiot page dumpers, always ruining it for everyone! Can't even get 5 pages up before you start dumping, when will you be happy?!

 Grin
Grin



587. Post 9581488 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.32h):

What? what happened to all the posts? post dumpers!!  Huh



588. Post 9606412 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.33h):

the next 50 pages are definitely critical.



589. Post 9608579 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.33h):

Always a good time for a friendly reminder:



Quote from: Wandererfromthenorth on November 14, 2014, 09:40:45 PM
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



590. Post 9623999 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

Quote from: ShroomsKit on November 21, 2014, 05:18:50 AM
It looks like you are very smart.

I know! I get told that all the time.











591. Post 9625557 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

Since someone mentioned the 2+2=5 quote from 1984, I'm gonna take the opportunity and go ahead and post the full movie on youtube of the cinematic rendition of Brave New World that I recently saw. Go watch it. It's old but it's very good  Wink

https://www.youtube.com/watch?v=Wlb1bdU-G7o


...Feel free to keep going with whatever you were talking about tho  Grin



592. Post 9625657 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

Quote from: NotLambchop on November 22, 2014, 10:52:51 PM
Since someone mentioned the 2+2=5 quote from 1984...

That's a real Soviet poster (possibly where the idea came from) Cheesy  There was The Five Year Plan (Pyatiletka) which was invariably completed in 4 years because fuck you capitalists!
I wasn't reading anything, just saw 2+2=5 while scrolling down and went ahead  Cheesy Cheesy



593. Post 9626205 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

aw shit, 10k tonight  Shocked



594. Post 9626741 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

Guize, just don't respond to anything Shroomskit is posting, just post this anytime he says something.


Quote from: Wandererfromthenorth on October 28, 2014, 11:47:01 PM
I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!



595. Post 9629148 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

Quote from: ejinte on November 23, 2014, 06:25:41 AM

Okay this is getting annoying
Nice try Shroomskit's other account  Angry



596. Post 9633783 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

I'm on page 10k!

...for now  Angry


 Grin



597. Post 9634010 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

10k.  I got this man. I got this by the aaaass!!



598. Post 9634086 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

10K!







599. Post 9634421 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.34h):

Stupid post dumpers. They won't stop dumping their posts until this thread is at 10 pages. When will they stop hurting this thread? We just go up a little to 10k and they immediately start to dump. Are they afraid this thread will have too many pages?
Post dumpers are the cancer of this thread.

...


....



PS: Grin Grin Grin Grin Grin Grin



600. Post 9641613 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.35h):




601. Post 9670884 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.35h):

Quote from: pinky on November 27, 2014, 11:33:08 AM
We all should have better listened to Walsoraj & mah87  Shocked  Angry  Cheesy



I really wonder who the hell is buying and using this. They have 123.777 accounts, ripple forum is almost dead. Makes no sense.
Well to be honest: instantaneous transactions (and still decentralised), fees that are gonna be low 5ever (unlike BTC), no wasted resources in mining, no mining cartels & centralisation and possibility of a 51% attack, and you can put any currency or asset in the network.

I'm not a fanboy, but aside from the "stock-like distribution", Ripple is not that bad at all...



602. Post 9670905 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.35h):

Whether this ripple increase in price is just a pump or genuine interest I don't know, but if it were to be genuine interest, I wouldn't be totally surprised (less surprised of a PandaCoin or Titcoin and similar shitcoins (temporary) price increase anyway  Grin Grin)



603. Post 9681738 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.35h):

Quote from: inca on November 28, 2014, 03:15:52 PM
Podyx, that is why only those who can trade very responsibly, or those with actual market information tend to trade successfully with leverage. It is an excellent way to lose all your funds, eventually. As the vast majority of 'traders' on this thread will find out sooner or later (if they haven't already).





Naah if you know what you are doing it's not.
The point is to NOT overtrade, trade only the big moves and ignore noise, the consolidations, the choppiness.



604. Post 9730307 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.36h):

TERA was not a perma-bull nor a perma-bear, she was just a very good trader  Wink



605. Post 9747518 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.37h):

Bidding closed for US Marshals #Bitcoin auction.  Pantera placed bids below the market.  Results out tomorrow by 2pm PST.  Probably earlier.


https://twitter.com/dan_pantera/status/540669052797341696



606. Post 9757800 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.37h):

We should have the next big BTC move soon, just wait for a break out or a breakdown with volume and react to what happens.

Next few days.



607. Post 9757820 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.37h):

It's gonna be either a huge long or a huge short:






608. Post 9759689 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.37h):

Ripple to the moon  Tongue  Grin



609. Post 9766974 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.37h):

Predicting a breakout or a breakdown right now is gambling. Nobody actually knows. The good news is that you don't need to know.
Just wait until we actually exit the big wedge with volume in either direction. You just react to what happens.
Easy trade setup.



610. Post 9766998 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.37h):

Ripple on the other hand is just doing great   Tongue



611. Post 9776071 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

BTC is exiting the big triangle, needs more confirmation before though.
Few more dumps and more volume and it might be time to FOMO short.

My advice: wait for more confirmation before shorting.



612. Post 9778258 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Careful with blockchain.info...

https://twitter.com/btcdrak/status/542009271303823360



613. Post 9784470 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):







614. Post 9784489 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Quote from: jeezy on December 09, 2014, 09:45:10 AM
Solid lines bro.  Roll Eyes
One little breach of the trend line on low volume while all other 6-7 points fit perfectly?
Yeah, totally not accurate.



615. Post 9784572 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Quote from: jeezy on December 09, 2014, 09:53:05 AM
Solid lines bro.  Roll Eyes
One little breach of the trend line on low volume while all other 6-7 points fit perfectly?
Yeah, totally not accurate.

The time to abandon was 2 days ago. If you knew anything about TA like you claim you would know that there is infact a good chance to get back on board if we stay in the current channel.
The chart suggests that you should sell/short as soon as we have a breakdown. As I said in my previous posts.
Breaks like these take BTC way lower usually. Very likely the dumps are not over.
Of course little bounces and dead cats are possible.


Price had to decide which way to go when we had to exit the big wedge, market decided down.



616. Post 9784612 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

just gonna leave this here  Tongue









617. Post 9784718 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Guys, it's very simple really.


BTC price fluctuates, it slowly starts to draw a formation (a wedge for example), and eventually we have to exit this formation with either a breakout or a breakdown. The market has to decide then, so the sideways ends.

Forget about auctions, forget about other bullshit, the chart tells you everything you need to know (because all the bullshit is included in what the chart shows).
It's like this every time.



618. Post 9784799 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Bitcoin VS Ripple:

Fundamentals:  
-Ripple transactions are instant while BTC transactions are slow as balls (not viable as a currency to buy groceries, coffee "person-to person" or whatever)
-Ripple has no mining centralisation or 51% attacks (in fact, over time, Ripple becomes more and more decentralised (only distribution is centralised, transactions are not) until full decentralisation, while BTC becomes more and more centralised with all the mining cartels)
-Ripple will have low fees forever (while BTC fees will need to be raised as block reward approaches zero)
-Ripple inflation is controlled, while more than 14% of BTC inflation a year regardless of market condition is simply ridiculous.

But most importantly, you can put any currency in the Ripple network, but not in the Blockchain.
The Ripple network is what people talk about when they refer to the "Blockchain potential" but already there and without the problems of BTC and the Blockchain.



Technicals:
BTC dumps today, all the other shitcoins follow. Ripple does just fine and rallies in his XRP/BTC pair.

 



619. Post 9785713 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

By a pure fundmentals standpoint:


Bitcoin = AOL          Ripple = The internet
Bitcoin = Napster     Ripple = BitTorrent
Bitcoin = Myspace    Ripple = Facebook


Do your research guize.



620. Post 9790536 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

BitChick,


When the trend line you posted broke, price went from $4 to $2. It halved. Wasn't that an excellent time to sell (if you didn't already)?
All the time in the world to buy back if you ever wanted to.



621. Post 9796591 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Regarding BTC:

We broke the big wedge to the downside. Breaks of such proportions takes us to major moves in the direction of the breakout/breakdown. Since market decided down, down it is for now. Ignore the bulltraps. That is all.

Probably a test of the $275 bottom is to be expected in the next weeks IMHO...



622. Post 9796732 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Quote from: prophetx on December 10, 2014, 01:50:36 PM






yes XRP is actually a better solution to the problem of money transfer and interconnecting legacy systems banks than bitcoin is in its' current state.

i'm not a ripple fanboy, just a realist.

part of being a technologist is to solve practical problems with practical solutions.  the bitcoin developers have know for a while now that there are issues with bitcoin's scalability - primarily ability to scale in the time and # of transactions dimensions.

the answers that some propose like those tree chains, side chains, etc while they may indeed sound good on paper are unavailable and untested in the real world, whereas Ripple has been tested for 2 years now in the real world.  also conceptually they look like hacks to the system that try to patch the ugly truth that the bitcoin system is too rigid to adjust to the needs of the real world.

Agree 100%  Wink



623. Post 9797002 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Quote from: empowering on December 10, 2014, 02:24:01 PM
I think Ripple (tech) has some real world use. For example a more efficient SWIFT.

ripples (coin) have merely speculative value, as the owners hold a large proportion and also it is US based - so no BRICS country would assist in installing a new Dollar equivalent. bitcoin is neutral and therfore "will" be the corresponding reserve curreny.

BTW: Can anyone explain, why Coinmarketcap states ripples supply at 30 billions instead of 99 billions?
XRP the currency protects the network and acts as a bridge currency.
https://ripple.com/ripple_primer.pdf


It shows 30 billions because that's the supply currently in circulation. The rest is held by Ripple Labs and is being distributed over time (controlled inflation).

It's the equivalent of showing the supply of BTC at 13 Mbillions instead of the total 21 Mbillion that will ever be created.


Last OFF-Topic and then we are done  Grin

That would be with an "M" for million and not a "B" for bollocks.
You are absolutely right  Grin
I am still a little bit asleep lol



624. Post 9805863 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Classic merchant "accepting BTC" (more like accepting USD from BitPay...) P&D, exactly like the PayPal/Dell News pumps (we know how those ended).

Price was going down (reached 335 on finex) before this irrelevant news.


If the price would have broken up of the big wedge that took months to paint, it would have been different. But that didn't happen.
The wedge broke down. Ignore bulltraps, the decision of the market is taken  Wink

Again, a test of the $275 bottom coming in a few weeks IMHO. Then we'll see what happens, if double bottom or crash.





625. Post 9805968 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.38h):

Be needy when others are beer-full, be beer-full when others are needy.

-Some dude.


Buy the rumor, sell the news , etc



626. Post 9827116 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

The Blockchain solution to decentralisation is a broken one, and BTC is not viable as a currency long term (for the reasons posted many times before and that I listed few days ago).
At the same time, it cannot e replaced by a shitcoin that, behind the gimmicky features (being anonymous, slightly faster transaction times,  etc), shares the same fundamental issues.

It will be replaced by something that works in very different ways to avoid the BTC and Blockchain fuck ups.
For one, it will need to be a decentralised network that allows any existing currency or anything else of VALUE (that cannot be double spent) to be "put in the network" easily and in a frictionless way.

Similar protocols exist today (like Ripple), if they won't be the future specifically, something else that works in very similar ways, will.


And I know that you don't wanna hear stuff like this because you wanna get rich quick with the pyramid scheme aspect of Bitcoin... At least don't lie to yourself.



627. Post 9827167 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: inca on December 13, 2014, 11:43:51 AM
Similar protocols exist today (like Ripple), if they won't be the future specifically, something else that works in very similar ways, will.
..
And I know that you don't wanna hear stuff like this because you wanna get rich quick with the pyramid scheme aspect of Bitcoin... At least don't lie to yourself.

Take poorly disguised ripple spam to another forum please.
Sorry you interpret it that way. But it's not.

I clearly said "if that won't be the future, something that works in similar ways, will".

The ripple network (just an example in my post) could die tomorrow for all I know, my point would still be valid.



628. Post 9827233 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: inca on December 13, 2014, 11:52:20 AM
Let me guess. You own ripple and are short bitcoin. You also called bitcoin a pyramid scheme bizarrely to support your argument in some way.

GTFO.


Calm down man. Relax. Read the post above.


I didn't call bitcoin a pyramid scheme. I said the "pyramid scheme aspect of bitcoin". Some bitcoiners don't want BTC to be replaced by something else because they wanna get rich quick because they think BTC will be traded a lot higher in the future (while sweeping its problems under the rug). That's not like saying that BTC is all just a pyramid scheme.

There's a "pyramid scheme aspect" with any stock for that matter.

Quote from: Wandererfromthenorth on December 13, 2014, 11:46:00 AM
The network [insert alternative to BTC and Blockchain here] could die tomorrow for all I know, my point would still be valid.



629. Post 9827397 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: silverfuture on December 13, 2014, 12:12:38 PM
That "pyramid scheme element" is really just incentive. Without work done to produce the unit and incentive (expectation of greater future value) to participate, why adopt? No coin will adopt to mainstream without incentive and an initial hardcore (fanatical) fan base to keep it strong until critical mass is reached. Ripple shills (meaning the ones who post in the bitcoin wall observer thread, not the ripple wall observer thread) are so excited to pronounce ripple's big  (p)/(j)ump in value and at the same time proclaim volatility is a problem. You can't have it both ways.

Competition is a good thing for bitcoin and it won't deserve to survive if it can't smash the competition. I'm confident it will Cheesy


Why that focus on ripple in the first place? My post said that because of BTC and Blockchain problems, BTC will probably be replaced by something better in the future. I just mentioned ripple because it's a protocol that tries to do something different.

For the millionth time:

Quote from: Wandererfromthenorth on December 13, 2014, 11:46:00 AM
The network [insert alternative to BTC and Blockchain here] could die tomorrow for all I know, my point would still be valid.


Who said that volatility is the main problem with BTC? The real issues with BTC and the Blockchain are others, not necessarily volatility...
Do I need to re-post them?



630. Post 9827434 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: buddhamangler on December 13, 2014, 12:21:49 PM
The Blockchain solution to decentralisation is a broken one, and BTC is not viable as a currency long term (for the reasons posted many times before and that I listed few days ago).
At the same time, it cannot e replaced by a shitcoin that, behind the gimmicky features (being anonymous, slightly faster transaction times,  etc), shares the same fundamental issues.

It will be replaced by something that works in very different ways to avoid the BTC and Blockchain fuck ups.
For one, it will need to be a decentralised network that allows any existing currency or anything else of VALUE (that cannot be double spent) to be "put in the network" easily and in a frictionless way.

Similar protocols exist today (like Ripple), if they won't be the future specifically, something else that works in very similar ways, will.


And I know that you don't wanna hear stuff like this because you wanna get rich quick with the pyramid scheme aspect of Bitcoin... At least don't lie to yourself.

Ripple is not decentralized you nitwit.
Transactions are carried out in a decentralised way (the main idea behind the original satoshi paper, that you don't need a trusted third party for transactions to go through), only the distribution of XRP the currency is centralised.

Try again.


Can we please stop talking about ripple? If you think I'm saying with certainty that ripple is the future and BTC will die, you either didn't read my posts or you didn't understand what I said.



631. Post 9828335 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Sorry to bust your balls with ripple again, but you gotta see this:


BTC Bearwhale is now XRP BullWhale?     17Million USD buy wall for XRP at 0.01538 USD:

On Bitstamp:




https://www.ripplecharts.com/#/markets


1.1 billion XRP = 50K BTC = 17 Million USD
 Shocked Shocked

Does somebody know if this is a glitch or something?



632. Post 9828508 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Again, can somebody tell me if the 17 million USD buy wall for XRP at Bitstamp is a glitch or something?

It's a buy wall almost double the buy wall of the famous BTC BearWhale for fuck's sake lol



633. Post 9828621 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Are you for real?








634. Post 9830154 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: karolina on December 13, 2014, 06:06:26 PM
Again, can somebody tell me if the 17 million USD buy wall for XRP at Bitstamp is a glitch or something?

It's a buy wall almost double the buy wall of the famous BTC BearWhale for fuck's sake lol

Where can I see the USD/XRP/Bitstamp order book? Link?
https://www.ripplecharts.com/#/markets

Go to XRP  /  USD   on Bitstamp

The 17 million USD wall is still there at 0.01538 USD.

1.1 billion XRP = 50K BTC = 17 Million USD

If it's not a glitch that is.



635. Post 9832909 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

The 0 change sideways was starting to get embarassing, some action going on on china, volume might pick up.
Watch 2120-2130 CNY as support. If that crumbles, it's time to run for the hills.



636. Post 9832928 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Last support trend line standing before the void. Only on Chinese exchanges.









I suspect we would have breached that before the Microsoft P&D (as you can see from the chart, we went under the trend line for a few minutes/hours), but the news was good reason enough to stop the dumps and pump a little before returning to the same levels.



637. Post 9833025 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

As an alternative, we just stay inside the wedge for now, and continue with the sideways until we are forced to exit the formation, which would be boring as fuck.



638. Post 9833613 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: kodtycoon on December 14, 2014, 02:32:51 AM
whats the best site for looking at various stock/commodity charts? real time if possible.
TradingView?

Click on "Chart", pick anything.

https://www.tradingview.com/



639. Post 9839153 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

And that's what happened unfortunately, still inside the wedge, pseudo-sideways, boring as fuck  Sad
Anything but this pseudo-sideways  Sad

Quote from: Wandererfromthenorth on December 14, 2014, 01:13:30 AM
As an alternative, we just stay inside the wedge for now, and continue with the sideways until we are forced to exit the formation, which would be boring as fuck.



640. Post 9854876 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

You're welcome.




Quote from: Wandererfromthenorth on December 09, 2014, 09:42:36 AM
Abandon ship:





Quote from: Wandererfromthenorth on December 11, 2014, 10:56:41 AM
Classic merchant "accepting BTC" (more like accepting USD from BitPay...) P&D, exactly like the PayPal/Dell News pumps (we know how those ended).

Price was going down (reached 335 on finex) before this irrelevant news.


If the price would have broken up of the big wedge that took months to paint, it would have been different. But that didn't happen.
The wedge broke down. Ignore bulltraps, the decision of the market is taken  Wink

Again, a test of the $275 bottom coming in a few weeks IMHO. Then we'll see what happens, if double bottom or crash.





Quote from: Wandererfromthenorth on December 14, 2014, 12:54:39 AM
Last support trend line standing before the void. Only on Chinese exchanges.









I suspect we would have breached that before the Microsoft P&D (as you can see from the chart, we went under the trend line for a few minutes/hours), but the news was good reason enough to stop the dumps and pump a little before returning to the same levels.



641. Post 9854936 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):




642. Post 9855305 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

$330 support is not doing so well.



643. Post 9855335 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Bitcoin was the first real technological breakthrough that allowed decentralisation of value transfers (something that cannot be double spent) over the internet.  
That's something big.

BUT it is such a broken down mess that it won't be the future of decentralised technologies.
Probably something else will.



BTC and blockchain fuck ups:


1) slow transactions (how can BTC replace cash if it takes one fucking hour to buy a cup of coffee? and no, accepting 0 confirmation transactions requires trust, kinda defies the whole purpose of using BTC doesn't it?)
2) mining centralisation and 51% attacks
3) transactions fees will need to be raised by a lot as block reward approaches 0
4) ridiculous uncontrolled inflation (14% a year currently, more than 3'000 BTCs mined a day)
5) scalability and blockchain bloat
6) You cannot put any other currency in the network
7) future quantum computers could easily break encryption


With these serious problems BTC cannot be a viable currency long term.

BTC pumped a gazillionX when marketcap was so tiny that it only took a bunch of joker millionaires to pump it (then irrational euphoria did the rest).
It was an incredible investment at less than 1$. It was a very good investment at $10. At $100 definitely not bad.
But at $1000 or at $500... not so much (unless you knew how to short the market, in that case you did amazingly well eheh  Grin)


Now that the problems with BTC and the blockchain are becoming apparent, now that other solutions are appearing, and now that the marketcap is too big for current inexistent demand, BTC might be toast.


I will probably buy BTC when I think a big bounce is coming (just to sell higher), but I don't think it is safe to expect another bull market (not something that can last anyway).


If not Ripple, something similar will be the future, not BTC.



644. Post 9855424 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Elwar on December 16, 2014, 11:09:38 AM
If not Ripple, something similar will be the future, not BTC.

Has Ripple fixed that problem where they are centralized yet?
It's not centralised. Only distribution is centralised.


Ripple = decentralised.

Apple Pay = centralised.



645. Post 9855430 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: noobtrader on December 16, 2014, 11:11:09 AM
If not Ripple, something similar will be the future, not BTC.

Has Ripple fixed that problem where they are centralized yet?

yes they solved it by using centralized client and server
That's Stellar (STR) if I'm not mistaken lol



646. Post 9855609 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

off-topic:

Saw Meshuggah live yesterday. Jesus christ those guys are fucking crazy. If you like good metal go see them live  Grin
Gaaaddddayum.



647. Post 9861762 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Beanie Babies are nice.
Buy some for your kids at Christmas.




648. Post 9861778 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Rumors about Citigroup talking with RippleLabs...



649. Post 9865573 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

dat crash tho



650. Post 9865609 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

If you still were in BTC and you still didn't get out when I showed you the wedge breaking down around $370 I don't know what the hell you were thinking.



651. Post 9865631 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: heartastack on December 17, 2014, 10:41:21 AM
I'm scared as a shit.
no drugs in reach.

Gentleman. Experiments was faild
I lol'd hard.



652. Post 9866577 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

0 demand.
Ridiculous inflation.
Broken fundamentals.




653. Post 9867075 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Elwar on December 17, 2014, 01:46:10 PM
Plus next paycheck I will start getting paid in 100% bitcoins.
RIP





654. Post 9867257 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):




655. Post 9867523 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Fatman3001 on December 17, 2014, 01:57:16 PM
wandererfromthenorth had to go on ignore. If he is not a troll then he is an *****, so I think I can manage without him.
Woah  Undecided

Do you mean the "RIP" joke?
It's a joke dude, have a laugh    Sad



656. Post 9869592 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: Walsoraj on December 17, 2014, 04:23:58 PM
Cheesy Cheesy Cheesy
Yeah, that pretty much says it all.

 Grin




657. Post 9869833 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: oda.krell on December 17, 2014, 06:03:40 PM
[...]

Next time, go for Beanie Babies.

Bear troll mode on again, huh? Cheesy

Not that I disagree with what you say, but I do notice a change of tone between above and below...


Then why all the negativity, Torque? It was only created in 2009, and things have been going really well. In 2014 lots of good things have happened, same as in 2011 and 2012, despite (or because? Productivity might actually increase while prices decrease) the price decreases. Hell, look at the valuation of Coinbase at 400 million recently.

Shit's exploding, the price just exploded faster so it had to implode a little. Market always leads the economy.
I still agree with this post, just got to have some fun in the meantime. Cheesy

For over a year now I've been warning that bear markets can occur with TONS of positive news and people will chase the bull traps associated with them. I actually think that bear markets and lulls are the time when there's the highest productivity and most progress in Bitcoin.

Like I said, nothing factually incorrect about what you say usually (except for the Beanie Babies thing of course), just the tone changes drastically from one week to another.... it's funny cause you're one the few "swing trolls" in here, in analogy to a swing trader Tongue
"Swing trolls" Tongue

Unless you openly and clearly contradict yourself in your posts, a little bit of changing of tone when it's time to be a bear or a bull momentarily just adds to the fun of posting in these forums :-D



658. Post 9869841 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: ShroomsKit on December 17, 2014, 06:08:01 PM
Everyone gobbling all these cheap coins? This must be heaven for you guys.
Cheesy Cheesy Cheesy Cheesy Cheesy



659. Post 9876549 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: gizmoh on December 18, 2014, 09:57:16 AM
Who wants to lend me some ripple to short? I'd pay 0.5% per day  Cool
Last time someone said the same thing and opened a thread about it, it would have ended in tears (it was at 0.0085 or something)

 Grin



660. Post 9876776 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: Elwar on December 18, 2014, 10:40:53 AM
There are a lot of newbies on here today telling me that Bitcoin is doomed. Should I sell all of my bitcoins and buy fiat or buy ripples?

Which newbies to trust?
You should trust the perma-bulls that told you to buy at any price since december that would have made you lose 70% of your money.



661. Post 9882674 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: billyjoeallen on December 18, 2014, 01:55:59 PM
I said there would be a pullback from $300, but it's a waiting game. Wait until it's higher and you feel like the coast is clear and then put in your short,  but don't margin trade if you don't know what you are doing. The three surest ways for a smart man to go broke are liqueur, ladies, and leverage. Think big picture and long term.

All I can say is that if I survive this bear market, I am never EVER buying a Lamborghini. The world needs to know that Bitcoin is in the hands of competent managers of capital. They will not accept as money an asset that is so crazy volatile and who's decentral bankers are immature.

This storm will pass, and these parasites who took our money so easily will loose it just as easily when they don't expect to. They actually did me a favor by teaching me something I needed to learn and by making our project more accessible to new players.

I'm gonna take these bastards money and if I don't then I'm going to pay off the guy who does.  That's the beauty of the free market. Every trade is win-win or it doesn't happen.

 
You Sir, just went full Shroomskit.



662. Post 9886738 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: mikeh2 on December 19, 2014, 07:58:54 AM
surely TA only works when a decent % trade using the same methodology, I don't think that has ever been the case with btc

What if I told you that the BTC markets are the single best market to use TA?



663. Post 9916517 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

The volume on this mini rally is pathetic.



664. Post 9918442 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.40h):

Quote from: macsga on December 22, 2014, 08:22:23 PM
I've posted a scenario of the current dump as a result of a ''big pool'' trying to drive down the price all these months towards closing down most of the competition. It has a point, since if you check days destroyed chart (same link) the sold coins seem like fresh mined. Maybe this is the case. Maybe it was just some big fish tank that wanted more coins for less.
Bitcoin is becoming even more centralised!
This is actually good news!™




665. Post 9928683 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: unent on December 23, 2014, 08:38:39 PM
Price goes up...I see it on 325$ tomorrow and after Christmas at 360$. Great Christmas Wink Go Bitcoin, go...

Do you think that people, after eating and much drinking (will be drunk many people) price will raise? Hope to see many drunk people that invested their money in bitcoin in way to raise price, imagine scenario, that would be very funny  Grin

You would need to be drunk to invest in bitcoin at this point, after all the thrashing it's taken in the past year. Interest from the public is lukewarm, and it's failing to present any user case scenarios for success in 2015 either.

What are you talking about. I assume that you lost a decent amount of Bitcoins on Mt.Gox or so, so that you are now warning before the "evil" Bitcoin and his potential risks...

I didn't have any coins on MtGox. Fortunately I could see that they were the worst in a sorry lot of unregulated exchanges, and I steered clear. But it's a valid point nonetheless; bitcoin is inherently risky to hold compared with fiat or precious metals. You hold the risk of hardware failure, theft/hacks, natural disaster, and there's plenty of third party risk just by keeping your coins on an exchange. I've never been the victim of theft, but that's because I was careful to the point of paranoia. Who the hell -- aside from some bitcoin nutters -- wants to live like that?

And that's precisely why interest from the public is lukewarm. It's hardly got anything to offer anyone outside this forum community of hobbyists and cultists.

What other bitcoin/fiat exchanges were there this time last year besides Mt Gox?
Almost all of them.

Bitstamp, Bitfinex, BTC-E, OKCoin, Huobi...



666. Post 9928955 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Much volume, very panic buys, many FOMO. wow.

/s



667. Post 9928967 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

https://twitter.com/JustinWolfers/status/547469477282320385




668. Post 9932990 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: aminorex on December 24, 2014, 02:14:23 AM
Well this is boring.  Go watch the XMR chart instead.  Up 30% today  Tongue

some days one altcoin rises a lot, but every day we see lots of alts going nowhere but down.


It is like gambling.

I could instead watch the guy that managed to win 1M from few dollars by winning a giant parlay

XMR is not a gamble: It's got the only viable tech for dark liquidity, and leads the market in software, liquidity, and social capital.  XMR is not an "alt":  It is an innovation on par with BTC in its sophistication and in its economic importance.

Monero is junk.
Stop listening to Risto and the others, they don't know what the hell they are talking about anymore.



669. Post 9933259 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: Bassica on December 24, 2014, 10:38:16 AM
Well this is boring.  Go watch the XMR chart instead.  Up 30% today  Tongue

some days one altcoin rises a lot, but every day we see lots of alts going nowhere but down.


It is like gambling.

I could instead watch the guy that managed to win 1M from few dollars by winning a giant parlay

XMR is not a gamble: It's got the only viable tech for dark liquidity, and leads the market in software, liquidity, and social capital.  XMR is not an "alt":  It is an innovation on par with BTC in its sophistication and in its economic importance.

Monero is junk.
Stop listening to Risto and the others, they don't know what the hell they are talking about anymore.

Does "the others" include the core devs who are in contact with the xmr-devteam about the underlying technology? Tongue
Anyone that thinks Monero is a good investment XD



670. Post 9933987 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

So this embarrassing low volume mini rally topped out at previous historic support $340 that now became resistance.
Ain't looking pretty for the bulls lol



671. Post 9935712 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

How touching, perma-bears and perma-bulls saying "Merry Christmas" to each other  Grin


No but jokes aside, Merry Christmas to you all, and follow this good advice:  Wink

Quote from: Feri22 on December 24, 2014, 02:35:34 PM
(...)there are more important things in life, you know - family, love, happiness  etc Cheesy



672. Post 9935763 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: aminorex on December 24, 2014, 04:10:22 PM
Monero is junk.

I am convinced, by facts and logic, that it is the best investment on the planet at this time.  If it goes lower, it becomes even better.

Fact:  U.N. estimates global black market at 2 tn USD in 2012.
Fact:  PQ=MV
Fact:  Cryptonote is the only dark transaction protocol providing useful levels of unlinkability and untraceability.
Fact:  XMR is the leading cryptonote coin by orders of magnitude in liquidity.
Fact:  XMR is not usable by non-technical persons without trusting a web wallet today, but will be when GUI, DB, and multi-sig are officially released.
Logic: Dark markets will adopt the best usable privacy and hence PQ is assured to approach some fraction of 2tn
Fact:  Multinational corporations require to maintain secrecy in their internal cross-border transactions.
Logic: When XMR liquidity is high enough, it will be adopted by multinational corporations for internal cross-border transactions
Fact:  Nation-states and the central banks which own them seek to enslave the planet, taking control of financial assets at will.
Logic: Wealth will migrate to dark storage, and when XMR has sufficient liquidity, it will be the dominant form of dark storage.

There is a clear three stage path from miniscule to gigantic, each step of which bears a fundamental inevitability.  It is possible although unlikely for an alternative dark ledger to take the lead, but until then, XMR has the most asymmetric risk/return in the history of finance.

The points you made and their relevance are questionable, but even if we accept them all:

-Dark Wallet is being developed for BTC. Once that works there is no point at all in adopting a lower liquidity lower confidence altcoin that will basically be a clone of BTC.
-Monero shares the same problems of Proof of Work coins (including BTC of course) so if BTC dies because of that (or any reason at all intrinsic to BTC), Monero is no different. If BTC survives and Dark Wallet can be used for anonymity on BTC, Monero will not have a purpose anymore.



673. Post 9944391 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Bitcoin is the sacrificial lamb of decentralised networks and technologies.



674. Post 9949660 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: magicmexican on December 26, 2014, 03:15:01 PM
Btc price in CNY = current year (2014)

So confirmed to gain +1 CNY every year, the pump is coming boys.
China will start to go back in time in 3... 2... 1...



675. Post 9957230 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Le dump



676. Post 9961165 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: lyth0s on December 27, 2014, 10:51:26 PM
Quote


Are you happy now?? Isn't this what you all wanted? You've been cheering for cheap coins all year so you should all be happy

Shroomy? You again?



Shrooms has a new account. Welcome to my ignore list.
OMFG it's confirmed, Shroomsy has a new account! We're screwed  Sad


 Grin



677. Post 9961300 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):




678. Post 9964241 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: inca on December 28, 2014, 09:34:59 AM
I wonder if every man and his dog on here are short?

Based on finex data short levels are at the 2nd highest level ever despite a year long bear market. BFXdata has potential open shorts (BTC swaps) at the dizzying heights of 18,700 (up 1900 contracts since yesterday, not far off the 2600 dump that moved us down ten dollars on bitfinex).

It is holiday season and the only people dumping are those trying to move the price downwards - on leverage by the looks of things.

Expect either some mad short covering or the hammer to fall soon Tongue
BTC swaps are near all time high that's true, but there is something to consider here:

-BTC has lost 70% of its value since the ATH, and BTC swaps are measured in BTC of course (not in USD), so the amount of BTC swaps currently are actually worth a half/a third (in USD) compared to the beginning of the year.

Longs for example are clearly measured in USD, and that's 21.5 million USD in longs, a lot more, as always.

Shorts: 5.7 million USD
Longs: 21.5 million USD




679. Post 9968478 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

Quote from: dannyjr89 on December 28, 2014, 09:05:01 PM
Does anyone know of a where I can find a market depth over time 3d model? Where x = depth, y = price, z = time
You mean like chartbuddy?


Quote from: ChartBuddy on December 28, 2014, 09:00:24 PM

Explanation




680. Post 9968794 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):




681. Post 9969209 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.41h):

LOL


http://www.reddit.com/r/Bitcoin/comments/2qn14j/want_the_price_to_go_up_stop_being_generous/


What that dude is basically saying:

"You wanna be generous and give something to charity? FUCK YOU! We are trying to get rich quick here  Angry "


The depravity and foolishness of these r/bitcoin fuckers has reached a new high.



682. Post 9975291 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

What if I told you that the real monetary inflation for BTC is actually even higher than most people think?
That's because a lot of BTCs from the early days are totally lost (so nobody owns the private keys anymore, it's like they never existed).


2 million BTCs (minimum) are very probably lost:

http://onbitcoin.com/2013/12/07/bitcoin-spoilage-2-million-bitcoin-likely-lost-old-hard-drives/




The supply of BTC in circulation is actually smaller than believed, that means that the inflation is actually higher.



683. Post 9975844 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: dakota neat on December 29, 2014, 03:17:11 PM
Holding is a good strategy.
Strategy for what?

Profit.
Especially during this 2014:

Very strategy, much bear market, many profitz, wow.



684. Post 9978313 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.




685. Post 9978348 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: Bitcoin_BOy$ on December 29, 2014, 09:58:11 PM
Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.



Price will Up or Down what you guess Smiley
You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.



686. Post 9978403 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: aliro38 on December 29, 2014, 10:01:33 PM
because I was invited so kindly by a smart a** to basically gtfo, I will stop here.
Why? tell the smart asses to gtfo themselves  Cheesy



687. Post 9978422 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: Gyrsur on December 29, 2014, 10:05:36 PM
the real breakout will happen end of January or beginning of February:


Yes that is gonna be an important test, but first we gotta exit the formation I posted.



688. Post 9978610 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: LFC_Bitcoin on December 29, 2014, 10:25:09 PM
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).
We didn't post any EW chart.



689. Post 9978620 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: bitcoinmining on December 29, 2014, 10:32:03 PM
100 BTC sell wall in BTC-e, 30 BTC sell wall in Bitstamp  Shocked

Nothing much, c'mon pass that to see higher than 320 again guys!

Edit: 86 BTC buy wall comes at $313 in Bitstamp, thanks to who heard me Smiley
Those are not large orders, they are small-normal orders.



690. Post 9979325 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

I fucking LOL'd


https://twitter.com/el33th4xor/status/549402148816293888



691. Post 9992796 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Still a few days until the big triangle closes and we get the next big move either up or down.



692. Post 9997771 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Happy new year you crazy motherfuckers.


Anyway, volume is shit. To confirm the big move up or down it needs FOMO volume.
I give it 3 days max then the market will have to decide.



693. Post 9997936 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Glad to see that vague narratives that don't even apply to BTC are still used by pumpers to summon greater fools a new bull market.



694. Post 9998089 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: JorgeStolfi on January 01, 2015, 02:01:28 AM
discrediting bitcoin is like trying to discredit Copernicus's helio-centric solar system

Well, to me bitcoin looks like the Ptolemaic system of spheres with axles mounted eccentically on other spheres etc.  An impressive technical tour-de-force an a working solution to a difficult problem, but clearly not quite the best solution yet.








PS: I agree by the way.



695. Post 10000455 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: marcus_of_augustus on January 01, 2015, 02:46:30 AM
discrediting bitcoin is like trying to discredit Copernicus's helio-centric solar system

Well, to me bitcoin looks like the Ptolemaic system of spheres with axles mounted eccentically on other spheres etc.  An impressive technical tour-de-force an a working solution to a difficult problem, but clearly not quite the best solution yet.


PS: I agree by the way.

... and what are you doing to make the world a better place? Trying to fix all these glaring flaws you brilliantly found in bitcoin? Proposing and building an alternative monetary system?

No, wait, you are spending endless hours posting negative diatribe and vitriol on a out-of-the-way backwater thread for penny traders of digital currency you hate the entire concept of ...  must be some kind of personal hell or penance you have committed yourself to for past sins, atonement, masochism, mental health issues?
What I am going to do? Definitely not tell people to invest for the long haul like if it's some sure thing considering the problems and concerns about it  Undecided
I invite trading instead of blind investing because that way you can protect yourself from disasters like getting screwed as a hodler during a falling price like the perma-bulls have experienced all year long  Undecided

I don't hate the concept of cryptocurrencies/decentralised networks.





696. Post 10001026 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

In the end the best explanation to what happened at MtGox is the Peter R's one IMHO:

https://bitcointalk.org/index.php?topic=497289.0



697. Post 10005944 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: belmonty on January 01, 2015, 10:31:14 PM
That sideway movement makes me crazy. I want a bull run again Sad

This sideways movement is making it frustratingly impossible to trade.
You shouldn't trade the consolidations and choppiness in the first place. At least that not what I like to do.
It's better if you wait for a no-brainer trade setup and you do your move for at least a 5-10% (more if you're leveraged) gain.



698. Post 10014812 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: thewayshegoes on January 02, 2015, 06:33:31 PM
I thought one of those triangle thingys was supposed to close soon and we were gonna see some movement.  Angry
Yes, like Davyd said, price is still inside it (and depends on the exchange), either really soon or in a few days still.



699. Post 10016312 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Another day in crypto, another big scam that makes a lot of idiots lose money

Paycoin and GAW miners:


http://www.reddit.com/r/Bitcoin/comments/2r4r1w/i_am_out/



30% of the folks in the altcoin scene are outright scammers.
The other 70% is people who blindly buy their shit lol



700. Post 10016910 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: LFC_Bitcoin on January 02, 2015, 11:25:33 PM

Bears can be patient tho:







 Grin



701. Post 10018338 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

China is dumping.



702. Post 10018377 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Adam is back!!   Shocked Shocked



703. Post 10018590 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

This might be the big move I was talking about few days back.

Needs a few more dumps on high volume and then it's confirmed. Needs to clear some more lows first.



In that case, you're welcome.


Quote from: Wandererfromthenorth on December 29, 2014, 09:56:15 PM
Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.





704. Post 10021809 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.

Timing the BTC markets is easy as fuck  Cheesy



Quote from: Wandererfromthenorth on December 29, 2014, 09:56:15 PM
Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.



Quote from: Wandererfromthenorth on December 29, 2014, 10:00:25 PM
You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.




705. Post 10022049 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):







706. Post 10022892 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Bitcoin bulls right now be like:


https://www.youtube.com/watch?v=QZ58RFKwSfw



707. Post 10023332 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.42h):

Quote from: exocytosis on January 03, 2015, 03:07:28 PM
This is the year of Bitcoin, guys.

The USD will collapse, the Fed will burn to the ground, America will adopt Bitcoin as legal tender, every barrel of oil will be sold for BTC, and every major industrial nation will hold plenty of bitcoins as reserve currency. Think about the staggering number of transactions that theoretically can be processed by the amazing Blockchain: A whopping 2.7 transactions per second! With such huge capasity and amazing speed (only an hour for the necessary 6 confirmations), it's no wonder every Wall Street fiat bankster jumped aboard the Bitcoin ship in 2014. And with the mindblowing security, safety and user-friendliness of the Bitcoin infrastructure, I'm not the least bit surprised to see every unbanked third world peasant gobble up all those cheap coins now. It's obvious that every person on Earth wants to be their own bank. It's the dream of every little child to be their own bank. Or so I've heard.


I ROTFLMFAO'd.



708. Post 10025169 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Some people are here in this forum not because they want to buy your bags rebuy cheaper, but simply because bitcoin is backed by gold.
Comedy gold.  Grin



709. Post 10025483 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

http://media.giphy.com/media/ToMjGpO4kkarqQLdqeI/giphy.gif





710. Post 10025952 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Bitcoin is about to break the 2012 long term logarithmic support trend line. About to break all the possible trend lines you can draw.








711. Post 10026109 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: inca on January 03, 2015, 08:10:37 PM
I cant be the only person calmly buying here. We were here four months ago. Time to do the money shuffle again.
Careful man, seriously.

In total honesty if even the last possible 2012 support trend line breaks it's gonna be a bloodbath.

I would suggest you put stop losses in place just to be safe, but you probably think I'm trolling you, so, do what you think is best.



712. Post 10026915 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: Tzupy on January 03, 2015, 09:25:33 PM
LMAO @ BTCChina order book! Grin


Shocked



713. Post 10027715 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

China new low.



714. Post 10027922 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Game over.



715. Post 10028134 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: oda.krell on January 03, 2015, 11:15:34 PM
Back from Christmas slash New Year's vacation, and this is what I return to? Great job guys Cheesy

Well, at least volume is picking up again somewhat ^_^
Welcome back   Tongue



716. Post 10028260 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

shmadz:  Are you still profitable as a miner at these prices? At what prices do you stop being in profit considering your electricity cost?
Serious question not trolling or anything  Wink



717. Post 10028406 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Ok sorry I see it has been already answered  Tongue

Quote from: shmadz on January 03, 2015, 09:47:44 PM
Can somebody share with all of us, at what price level does BTC becomes unprofitable for the miners and they start shutting off they rigs and BTC collapses completely? Is this even possible?

At current difficulty, on 20 nm process and 10 cents per kWh, I'd guess around 200, maybe a little less...

*edit*
"Is this even possible?"

No, not really. It's basically a feedback loop. unprofitable miners will turn off slowly and gradually the hashrate will follow the price, though there can be considerable lag.



718. Post 10028441 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

New low on finex.



719. Post 10028495 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: NotLambchop on January 03, 2015, 11:58:40 PM
Ok sorry I see it has been already answered  Tongue

Can somebody share with all of us, at what price level does BTC becomes unprofitable for the miners and they start shutting off they rigs and BTC collapses completely? Is this even possible?

At current difficulty, on 20 nm process and 10 cents per kWh, I'd guess around 200, maybe a little less...

*edit*
"Is this even possible?"

No, not really. It's basically a feedback loop. unprofitable miners will turn off slowly and gradually the hashrate will follow the price, though there can be considerable lag.

What about a more modern SHA256 altcoin?  One which is more profitable to mine & most miners switch to to make money?
Not enough liquidity to dump I imagine.



720. Post 10028606 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: shmadz on January 04, 2015, 12:09:04 AM
shmadz:  Are you still profitable as a miner at these prices? At what prices do you stop being in profit considering your electricity cost?
Serious question not trolling or anything  Wink

If I were able to write of the capital cost of the hardware, as well as a percentage of my electricity and rent, then yeah, I think I would be able to fully cover any supposed "gains" or "income" that they might want to tax me for.

So yeah, at this price and difficulty it's pretty much a wash.

If you were to consider only electricity, consider the case of a single Jupiter.

About 3TH/s / 320288.938 th/s for the entire network gets you =0.0000093665 of the daily 3600 coins, so roughly =0.0337195536 per day

At ten cents per kWh and about 2kw times 24 hours that's like 4.80 per 0.0337195536 so about =142.350638948 per bitcoin right now...

Of course, in practice, it fluctuates wildly, but that would be the expected average, till the next difficulty change
Perfect thank you for the exhaustive answer  Wink



721. Post 10028722 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Remember that finex still has 20 million USD in longs that can get margin called  Wink

It's basically like 20 million USD worth of coins that are waiting to be dumped  Grin



722. Post 10028970 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: macsga on January 04, 2015, 12:48:32 AM
this could get interesting, perfect double bottom formed with october.
Yeah dood; it's been drawn right above Wink Grin Grin Grin
Careful, china moves the markets primarily, this sell-off started with them of course. On chinese exchanges we violently broke the double bottom...



723. Post 10029124 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Time for the good ol' Tom Petty:

https://www.youtube.com/watch?v=1lWJXDG2i0A



724. Post 10033940 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Double bottom breaking on bitfinex.




725. Post 10033968 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Aaaand we have a new low on bitfinex. Lowest price post-bubble.



726. Post 10034101 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Litecoin broke $2, reached $1.9 just now ROTFL



727. Post 10034133 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: Blitz­ on January 04, 2015, 01:39:54 PM
Bitstamp | Total bids: 2939095 USD. Total asks: 26700 BTC. Ratio: 110.07767 USD/BTC.

😈
And 20 million USD on bitfinex in longs screaming to get margin called  Grin



728. Post 10034224 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

This is gonna end in tears for the clueless perma-bulls



729. Post 10034260 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

On bitfinex:




730. Post 10034472 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: Fatman3001 on January 04, 2015, 02:08:04 PM
Where is Tim Draper and those Winklewoss guys when you need them?Huh?

They need to launch this SUCKER!!!!!!
What is Draper doing you say?

He's saying stupid shit like this lol


https://twitter.com/TimDraper/status/551709695497359360



731. Post 10034844 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Making history gentlemen, right here.

Not the way the perma-bulls were hoping (the exact opposite actually), but making history nonetheless  Grin Grin



732. Post 10035302 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Stamp officially broke previous bubble high  Grin



733. Post 10035451 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: outahere on January 04, 2015, 03:37:01 PM
Bitcoin WILL die because PoW (among other things). Noobs fall for BULL traps.
Fixed



734. Post 10035767 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

In a few weeks perma-bulls be like:



"haha bear trolls BTC price is still at $50! more than X500 since its inception!!! already going for $65 prepare for moonshot  Cool"



735. Post 10036408 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

lmao







736. Post 10036668 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

So you perma-bulls are saying that since BTC price crashed but recovered in the past when it was worth nothing and a lot less new fiat coming in was necessary to pump the price that means every crash today is just a bear trap?  
Even after one year of bear market (never happened before) even after seeing prices reaching a low that was not seen since 2013 even after having broke the previous bubble high (never happened before) even after having broke a multi-year support trend line (never happened before)?

So even if we reach half a dollar nobody needs to worry because the moon is around the corner? Nice mental trap you have set in for yourselves.



737. Post 10036729 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: inca on January 04, 2015, 05:35:41 PM
Short interest a hair away from 20,000 contracts on bfxdata. Over 3000 new shorts today. Retest 300 soon.
Still 1/4 of the USD worth of longs...

Is it not worrying to you that one of the reasons we should pump is just a temporary short squeeze (that might not even happen at all)?
Is that the reason people should buy bitcoin at this price after having seen this crash? Because of a short squeeze?





738. Post 10036775 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: JimboToronto on January 04, 2015, 05:42:23 PM
...one year of bear market (never happened before)...

June 2011 to February 2013 was less than a year?
The bear market lasted from June 2011 to November 2011. 6 months. Then there was the reversal. The bull market started in November.



739. Post 10037117 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: podyx on January 04, 2015, 06:02:07 PM
Seriously consider selling of my fathers stock and invest em into bitcoin even though that's 300% of my stash and I'm already overinvested Roll Eyes

I just don't know how I can pass up this opportunity...
Duuuuuuuuude



740. Post 10037496 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: only on January 04, 2015, 06:43:48 PM
this is gentlemen Kiss
Indeed.






741. Post 10037951 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.43h):

Quote from: JimboToronto on January 04, 2015, 07:43:20 PM
jesus, what a price to wake up to. we've dropped below the old ATH. what the heck is going on?

More like:

https://pbs.twimg.com/tweet_video/B6d1TYRCMAAU4OH.mp4



742. Post 10039266 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

When an impatient bagholding BTC BearWhale dumps on a perma-bull from r/bitcoin who wanted to get rich quick:





743. Post 10039325 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: findftp on January 04, 2015, 10:07:48 PM
Well, since day one 1234562345546536546754345% price increase, so you're wrong about that.
?

Quote from: Wandererfromthenorth on January 04, 2015, 04:08:26 PM
In a few weeks perma-bulls be like:



"haha bear trolls BTC price is still at $50! more than X500 since its inception!!! already going for $65 prepare for moonshot  Cool"




744. Post 10039461 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: dEBRUYNE on January 04, 2015, 10:26:48 PM
This one is pretty accurate: https://www.tradingview.com/v/A1mFwkEG/
I have seen a lot of failed predictions by DanV to be honest.



745. Post 10041228 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: tarmi on January 05, 2015, 02:37:17 AM
all the bears went silent long leaving the playground to the permabulls to do their trash talk job.
 
Enjoy the stop hunt/bulltrap.


We'll talk about it in a few days  Cheesy



746. Post 10041727 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Walsoraj on January 05, 2015, 04:10:14 AM

Insiders learning of Bistamp's issues before the rest of us helps explain the crash.
Naah.




747. Post 10041743 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Crash was due/predictable/easy to time and started at china as always.
Nothing to do with this shit.



748. Post 10041757 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Dear valued customer...



749. Post 10042189 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Walsoraj on January 05, 2015, 05:04:11 AM

Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.

If no one can send bitcoins into the exchange, they won't have any to sell.

True.

The deposit page shows this:





New deposit addresses forthcoming. The crash may continue.
People wanting to get coins out of bitstamp can do it only buying XRP and withdrawing them.

Seriously though, some scary shit  Shocked



750. Post 10042269 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: rebuilder on January 05, 2015, 05:31:55 AM
Sell your bitcoins for ripple, only way out of stamp  Cheesy

Have they blocked fiat withdrawals?
If the exchange is hacked and it's another goxxing, that won't work...



751. Post 10045845 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: ChartBuddy on January 05, 2015, 01:59:57 PM

Explanation

LOOOOOOOOOOOOOOOOL



752. Post 10047206 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

lol



753. Post 10048435 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Few months back $275 seemed dirt cheap and a gift from satoshi and now we touched it as resistance after a low volume bounce.



 Cheesy Cheesy Cheesy



754. Post 10048513 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: podyx on January 05, 2015, 06:05:41 PM
Few months back $275 seemed dirt cheap and a gift from satoshi and now we touched it as resistance after a low volume bounce.



 Cheesy Cheesy Cheesy

Yes and if we were to experience a 2013 rate of growth again...
But we very probably won't.



755. Post 10048585 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Tzupy on January 05, 2015, 06:14:03 PM
Few months back $275 seemed dirt cheap and a gift from satoshi and now we touched it as resistance after a low volume bounce.



 Cheesy Cheesy Cheesy

Yes and if we were to experience a 2013 rate of growth again reinstate Willy, we'd be put at $35k/BTC at the end of november. Funny this market, ain't it?

FTFY Wink
Grin



756. Post 10049565 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: fonzie on January 05, 2015, 07:30:30 PM
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
http://www.wsj.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

Sad Angry Embarrassed


BusinessWeek




 Sad Shocked Angry Embarrassed Cry
hahahahahahahahahahahah


You are amazing  Grin



757. Post 10051535 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

http://pastebin.com/6Gc1Zh2g



758. Post 10055616 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: marcus_of_augustus on January 06, 2015, 09:26:34 AM
all those mega bears gone real quiet?

all your short profits locked up in fake fiat in an insolvent fake exchange? boo-hoo ... naked shorted and crashed the asset underwriting the exchange holding your fake profits ... what idiots, you are better off at vegas.

hacker who has the coinz makes the rules.
Bitstamp didn't have margin trading.



759. Post 10055678 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: marcus_of_augustus on January 06, 2015, 09:35:00 AM
all those mega bears gone real quiet?

all your short profits locked up in fake fiat in an insolvent fake exchange? boo-hoo ... naked shorted and crashed the asset underwriting the exchange holding your fake profits ... what idiots, you are better off at vegas.

hacker who has the coinz makes the rules.
Bitstamp didn't have margin trading.

now they have NO trading whatsoever! hahahaha
lol

Hoping people will be able to get their money out, or it won't be much fun for them.



760. Post 10061646 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Pushing for $690 $590 $490 $390 $290


Wake me up when we break the $255 bottom. In the meantime, enjoy the traps. Might take a while, gotta keep the illusion going.



761. Post 10069002 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

"How's BTC doing mate? have you dumped all our coins yet?"
"Nah, still 100-200k coins left, we'll pump for a few other $50 bulltraps while we unload and in a few months we'll be out completely"
"Sweet. Perma-bull bitcoiners still fall for these bulltraps tho? Do they still work?"
"Apparently, yes. We made a good job with the 2011 and 2013 shakeouts. So good that the cultists now think BTC will always recover from crashes and go up forever. Lmao"
"haha I know right?"



762. Post 10069985 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.44h):

Quote from: inca on January 07, 2015, 01:39:26 PM
"How's BTC doing mate? have you dumped all our coins yet?"
"Nah, still 100-200k coins left, we'll pump for a few other $50 bulltraps while we unload and in a few months we'll be out completely"
"Sweet. Perma-bull bitcoiners still fall for these bulltraps tho? Do they still work?"
"Apparently, yes. We made a good job with the 2011 and 2013 shakeouts. So good that the cultists now think BTC will always recover from crashes and go up forever. Lmao"
"haha I know right?"


You serious with this crap lol? You've gone awfully quiet about ripple..
It's a joke dude, a joke about the fact that perma-bulls take from granted that BTC will go up forever just because it recovered in the past when all it needed what a small injection of new fiat to pump it.

I mentioned XRP here when it was 0.0085-0.012 and is now at 0.021 after a correction, so? I made it clear in my posts that I don't necessarily think ripple the network IS the future I just think it solves big problems with BTC and the blockchain that make it not viable long term and it's a step in the right direction.
I think if decentralised networks/currencies have a chance, the winner won't be BTC or all the clone shitcoins but something similar to what ripple THE NETWORK is doing. That's it.
For all I know the project itself could fail. Or XRP the currency could be worthless while the network will be widely used.
I am not a shill for anything in crypto.


I stopped talking about it (or anything else that is not BTC) because I was told by 50 different members that this is a forum/thread about BTC and to GTFO  Undecided



763. Post 10073464 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

So Dan Morehead removed Bitstamp from their website but now he put it back?  

http://www.reddit.com/r/Bitcoin/comments/2rnioo/pantera_capital_ceo_dan_morehead_just_removed/

Fishy.




764. Post 10080942 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

On china, old support (the 1800 CNY bottom) became resistance. The pump was an excuse to dump higher.
The downtrend may continue  Grin



765. Post 10082196 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

No wonder shorts are high as balls, shit looks like it's trying to break any possible sign of long term uptrend...


BTCChina (the only major exchange left with data from 2011-2012)








766. Post 10082222 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

To the folks talking about high number of shorts open: A high number of BTC swaps is a necessary condition to a big short squeeze, not a sufficient one. It needs reasons for panic buys to actually squeeze the shorts. Will there be one?



767. Post 10083360 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

Bearwhale benjamin is gearing up.

http://ticker.tv/whaleclub



768. Post 10083576 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

Quote from: gotmilk_ on January 08, 2015, 06:58:17 PM
Bearwhale benjamin is gearing up.

http://ticker.tv/whaleclub

O come on... you really think people who can crash the market would talk there?

The guy who obviously knows something is this guy (he twitted about stamp news 1 day before they stoped with trading).
https://twitter.com/AdamGuerbuez/status/553236379543830529/photo/1
It's not the first time benjamin puts walls on finex or okcoin.

Same thing with DrewR from tradingview when he put a 17K BTC wall on bitfinex and created an instant short squeeze in mid october (that resulted in a downtrend in the end anyway). Remember that?

BTW they don't control the market, they are just able to temporarily push in a direction instead of the other with their stunts.



769. Post 10084003 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

Quote from: podyx on January 08, 2015, 07:53:21 PM
I have waited 2 fucking years for this bullrun

If I miss the party just cuz I deposited my funds right before bitstamp got closed down, I will be fucking pissed.

Definately will be taking some more loans if bitstamp don't open up soon
Please tell me you are joking...




770. Post 10084182 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

Quote from: marcus_of_augustus on January 08, 2015, 08:05:23 PM
Whatever, I'll be fine Grin
And if bitstamp comes back, which I think it will, it's no problem.

go all in kid, you deserve it, death or glory, you only get one chance in life, think of all the riches!!
So you are encouraging a kid who is already in debt to put even more loan money into a ridiculously risky (where the possible returns are not even that amazing anymore) investment and possibly face financial ruin because "death or glory"?

Wow.

Some perma-bull bitcoiners are even more depraved than I thought.



771. Post 10086341 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.45h):

Quote from: JorgeStolfi on January 09, 2015, 12:02:23 AM
Man, you could at least translate it. :/ I can speak three languages other than English but if I'm on an English forum, I don't assume everyone else understands e.g. Dutch.

Predictions of Wizard Houellebecq

In 2015 I will lose my teeth

In 2022 I will do Ramadan


Incredibile, questo professore conosce sia l'italiano che il francese!
Le Monsieur! Il est plein de ressources! Je suis surpris!
Bravo! :-D



772. Post 10117698 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Wink



773. Post 10118599 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Quote from: empowering on January 11, 2015, 10:12:17 PM
I think what this thread needs is a maybe 20 or 30 more trolls and their sock puppet accounts..... I do not think there are enough trolls on here... what this thread needs is more of them,  more of the people that hate bitcoin samaritans losers with no life mentally ill obvious is obvious paid shills on here... so please step it up.... by several orders of magnitude... I am not sure you have spread enough shit around yet.... come on.. have more "lels" or whatever you deficient freaks are calling it... please do... it is fucking hilarious, and you know it is like watching a group of 10 schizophrenics in one of those halls of crazy mirrors all barking at each other and chucking their feces at each other and eating it.. basically... the lunatics are on the grass.  Come on... ramp it up some more... please do, we need more of you I have decided... at least if you are here wasting your lives 24/7, 365 then you are not out here in the real world.. and I like the thoughts of you guys wasting your lives, sedentary, keyboard warriors, just wating for obesity and heart attacks to shuffle you off this mortal coil.. I really do..  please waste your lives posting basically all day and night every day of the week even over Christmas (ha ha ha ha sad lonely fuckers)   but as keyboard warriors make sure you have ample wrist support and do some screen cover for your eyes and also do some exercises to prevent the deep vein thrombosis, because when it comes it would be much more, how is it you phrase it "lel" if it is a massive heart attack that takes you, and you shit and piss yourselves.

Love you gays, please do step up your efforts, if I see x 20 or 30 more activity and troll presence to this thread, I will start handing out beers.
Those beers may be attached to bricks and more thrown, than handed but hey lets not split hairs.

Looking forward to the insane troll circle jerk freak show...

thanks.
 
https://www.youtube.com/watch?v=ygr5AHufBN4



774. Post 10131199 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

lol



https://twitter.com/ButtCoin/status/554766157115174913


PS: Braid -> Best. Fucking. Game. Ever.



775. Post 10131596 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Look at the perfectly increasing volume bars on the 1m chart on Huobi, these niggas turn dumping into an art lol





776. Post 10131638 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

I expected dumps but I didn't expect it to hit a new one year low tonight lmao
Almost there.



777. Post 10131862 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

1 year low everywhere Grin




It's happening  Cheesy



778. Post 10131995 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Quote from: poncho32 on January 13, 2015, 01:39:16 AM
What the hell is happening?

I wa wondering that too. Have the feds announced another auction or did something important happen at the trial?
Maybe there is no mystery or conspiracy and the "beartrolls" were right in saying that bitcoin is a shitty investment that was gonna get you screwed?

Good luck catching falling knives though.



779. Post 10132299 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Quote from: GaliX on January 13, 2015, 02:12:35 AM
I wounder when all the bigger "I have my BTC safe on paper Wallet with -10% interest each month"

lol



780. Post 10132693 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

BTC-E just said "fuck it".



781. Post 10132793 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

I'm trying to find a more appropriate expression of "free falling" but I can't find one.



782. Post 10132834 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Waterfalls:





783. Post 10132869 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

https://pbs.twimg.com/tweet_video/B7MV4h5CQAA0Wbt.mp4



784. Post 10132929 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Quote from: BTCtrader71 on January 13, 2015, 03:30:23 AM
I'm trying to find a more appropriate expression of "free falling" but I can't find one.

https://www.youtube.com/watch?v=1lWJXDG2i0A

I wonder if Tom Petty uses bitcoin ....
Yes, the classic soundtrack for a BTC crash. Listened to that pretty much every time for the big ones lol

Also:
https://www.youtube.com/watch?v=V_ONyukSLqA



785. Post 10132986 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

Quote from: BTCtrader71 on January 13, 2015, 03:37:14 AM
I'm trying to find a more appropriate expression of "free falling" but I can't find one.

https://www.youtube.com/watch?v=1lWJXDG2i0A

I wonder if Tom Petty uses bitcoin ....
Yes, the classic soundtrack for a BTC crash. Listened to that pretty much every time for the big ones lol

Also:
https://www.youtube.com/watch?v=V_ONyukSLqA

Freddie King, Going Down. Never heard that song. It certainly fits.

How about this one by Aerosmith:
Love in an elevator, livin it up as I'm going down

Edit: fixed the link, added the lyrics
Nice  Cheesy




Go ahead folks, it's time for a CRASH soundtrack, give it your best shot  Grin



786. Post 10133000 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

https://www.youtube.com/watch?v=sGhiUyUN_x4



787. Post 10133038 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

https://www.youtube.com/watch?v=5lSIIyWeP7o



788. Post 10133246 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.46h):

At least Tulips or Beanie Babies are nice AF. Bitcoinz just useless bruh





789. Post 10133299 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: Patel on January 13, 2015, 04:18:01 AM
Definitely headed under 225, maybe 200 is the bottom?


The lines are wrong.



790. Post 10133380 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Photos of traders putting buy support on Bitstamp are circulating on the net:





791. Post 10133459 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: Beanie Baby Coin on January 13, 2015, 04:32:29 AM
Next for sale is Alana the Hula BTCeanie BTCaby. She retails for $9.99 USD... which means that she has risen in value over 1,000,000,000% since she was first created out of scraps in an Indonesian factory in 1996! Think of the potential! Any bidders?


Do you take chargebacks? Cuz if you do I'm staying away you scammer!  Angry



792. Post 10133605 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: ChartBuddy on January 13, 2015, 05:00:06 AM
Bitstamp

Explanation




793. Post 10133691 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: Chef Ramsay on January 13, 2015, 05:14:28 AM
Next for sale is Alana the Hula BTCeanie BTCaby. She retails for $9.99 USD... which means that she has risen in value over 1,000,000,000% since she was first created out of scraps in an Indonesian factory in 1996! Think of the potential! Any bidders?

http://mentalfloss.com/sites/default/legacy/wp-content/uploads/2008/12/beanie.jpg

N00b, you know nothing of Beanie Babies.  Just a get-rich-quick scheme 2 u, didn't even read the whitepaper, did u?  Fuck no is right!

http://s30.postimg.org/a8n4o8v9d/beanie1.gif
Idiot traders are completely ruining the market. They won't stop til its dead. Enjoy your pump and dump beanie babies!
Did you take some shrooms tonight? They must be moldy and lacking in any sort of decent psychedelic whatsoever.
We call it the shroomskit loop.
Perpetuum mobile. It goes on for eternity.



794. Post 10133746 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: Chef Ramsay on January 13, 2015, 05:22:16 AM
We never did test the $32 to $45 range. Maybe it's time we did.
That'll never happen, we're seeing plenty of buying action right now and it'll only skyrocket as and if the price seeps any lower. The panic selling is just about over and the bulls' fiat is picking off whatever coins they can and a market switcharoo is a coming.



795. Post 10134185 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Soon.







796. Post 10139010 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

This is fucking glorious.

Just wait for when permabulls think the "capitulation, pre-moon riches despair phase" is in, they buy... wait a little...
AND THEN WHAAAAAAAM. 50% DROP IN ONE GO.


Don't be that guy.



797. Post 10139035 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: gizmoh on January 13, 2015, 02:15:08 PM
Still, there might be some panic left.
Support is lacking.
I foresee a possibility towards 160.
I won't trade on it though. I'm already all in Grin

I agree. I would say support is completely lacking.

If there was support, you'd see volume in the rebounds. There is none.

Give it a few days , buyers are careful, waiting for consolidation before jumping back.
Stop scammin bro, you told noobs to buy since $100 higer or something.



798. Post 10139605 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: fonsie on January 13, 2015, 03:25:43 PM

It however saddens me that so many people who do not believe in something, have such a sad life that they can get joy out of making fun of others believes. That's just sad.

Some bitcoiners were just trying to pump a bad investment and get other fools into the scheme in order to get rich quick.

Bitcoiners ain't really 100% saints eh.



799. Post 10142152 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

https://www.youtube.com/watch?v=gokBHXc5HaU



800. Post 10142676 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Hope the perma-bulls will at least take the chance to learn something here.

Herd behaviour, mass psychology, going against the crowd, delusions, blind greed, economics, investing, trading, controlling one's emotions, bubbles, technology, frauds, scammers, sociopathy, ethics, etc.

Whether you got screwed or you profited, there's a lot to learn from this whole mess.
I'm actually serious  Cheesy



801. Post 10143564 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

The show goes on Grin

All in popcorn.



802. Post 10143592 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

What do you say perma-bulls? "To the moon"?





803. Post 10143862 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: magicmexican on January 13, 2015, 11:06:26 PM
Gentlemen, it was a pleasure, but the crypto ends here. Good luck everyone.





804. Post 10143925 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):




805. Post 10144744 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: JorgeStolfi on January 14, 2015, 12:31:27 AM
And I have never seen a community so packed with crooks and criminals as the bitcoin community.  Politicians, judges, cops, bankers, even professors -- there is plenty of corruption among them, but nowhere near as much as among the bitcoiners.
Agreed.


"Give power to the people".
And that's what they'll do, scam each other  Cheesy



806. Post 10144827 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

A nice summary for y'all:

-We had 1 year of bear market and we just made new lows, no signs of recovery yet, didn't even bounce much for now.
(never happened before)
-We broke the previous bubble high
(never happened before)
-We broke (and now it's 100% certain) a multi year log support trend line from 2012, pretty much the only sign of a possible long term uptrend left.
(never happened before)





807. Post 10144871 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

New low on China and bitfinex  Cheesy



808. Post 10144892 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

http://www.reddit.com/r/Buttcoin/comments/2sb3hl/the_hash_rate_collapse_preceded_by_huge_bump_just/








809. Post 10144935 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: inca on January 14, 2015, 12:48:55 AM
A nice summary for y'all:

-We had 1 year of bear market and we just made new lows, no signs of recovery yet, didn't even bounce much for now.
(never happened before)
-We broke the previous bubble high
(never happened before)
-We broke (and now it's 100% certain) a multi year log support trend line from 2012, pretty much the only sign of a possible long term uptrend left.
(never happened before)

What has happened before is your obvious book talking. Thanks for stating the obvious.
I have been telling you to sell (or at least to put a stop loss to be safe) ages ago multiple times timing the market perfectly (not just like a broken record like some other folks, even though it would have worked fine anyway) and you pretty much always accused me of "book talking".
Same with anybody else (like Tzupy) who told you that things were not bullish as you depicted them.



810. Post 10145105 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):




811. Post 10145514 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.47h):

Quote from: Sitarow on January 14, 2015, 01:57:42 AM
The good news is that the network distribution is well balanced.


Weeeelll, yes, all the top 4 companies would have to collude in order to launch a 51% attack (e.g. to take 100% of the rewards, by ignoring blocks mined by other miners and thus orphaning them).

Smiley indeed and then loose the faith of the community and go bankrupt for what?

People that adopt BTC as a trading platform should understand that many Bitcoin participants from all over the world with great minds are working on the tech satisfy ego, rather then the speculative opportunities.
What if a bad actor paid them to attack the network?

It's a big flaw of bitcoin's design.

It doesn't matter if "there is no incentive" (although I have doubts about that), you cannot allow something like this to theoretically happen IMHO.
Mining centralisation is just another big problem with bitcoin and his POW, by design.



812. Post 10145900 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Finally a good reason.




https://www.reddit.com/r/Bitcoin/comments/2scsyq/why_i_think_this_is_the_best_opportunity_ever_for/



813. Post 10145998 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: Sitarow on January 14, 2015, 02:45:57 AM

To me the value is what you send and what the other party receives is 100% verified by 3rd party participants and I can't not say the same for ripple as it is centralized in its inception.
I'm just gonna step in and say that while the ripple network requires some degree of counter-party risk with gateways to move any currency in the network, XRP (its native currency) is 100% decentralised like BTC. Only its distribution is centralised, aside from that, to send XRPs around it's basically the same thing as BTC, but without POW and instantly.

But again, the counter-party-free aspect of bitcoin is mostly related to the privacy-paranoia vague narratives of bitcoin in the first place.



814. Post 10146175 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Jesus fucking christ


http://www.dnainfo.com/new-york/20150113/astoria/man-killed-by-roommate-astoria-apartment-nypd-says



815. Post 10146260 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: dwdoc on January 14, 2015, 03:53:13 AM
There is a risk that if too many miners go offline block creation may stall.
https://twitter.com/aantonop/status/555204849361362944
https://twitter.com/aantonop/status/555208610750296065



816. Post 10146901 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

New lows everywhere.
This is epic shit right there.



817. Post 10146961 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):




818. Post 10147062 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):




819. Post 10147297 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):




820. Post 10147704 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: Blitz­ on January 14, 2015, 07:36:13 AM
If you never experienced capitulation before, this was it. Cheesy
No man, we ain't in 2011 nor in 2013.

This is totally different situation.
And even if it actually ends up bouncing or even reversing. I'll say it again, buying this is irresponsible.



821. Post 10148033 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: dropt on January 14, 2015, 08:10:25 AM
Possible short term bottom (VERY short term I would say). Still would not buy, not even for a quick flip.


Considering that we broke a multi-year log trend line like that (the only sign of an uptrend left pretty much) is not exactly your usual crash.
But maybe it's just me  Roll Eyes


Word on the street, if you were in the loop, is that this was all planned. The actor - or actors -  if he has some friends are/were targeting the the GOX price at time of collapse.  My understanding is there was talk of attempting to borrow a large number of BTC to make it happen.  If so, and I'm not saying I necessarily believe it, this could be a setup for another shattering upwards movement.  So be warned, the short game may be over, and if so, you and everyone else is going to be tricked over and over on the way up just like the longs were on the way down.
Sounds like BS to me tbh, are you referring to the post on XRPtalk Walsoraj posted here?



822. Post 10148090 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Frankly, all these alternative conspiracy-like explanations are just BS because this crash is 100% technicals.




So basically:  Technicals dictate what happens and especially WHEN it happens.
Shit happens.
And then we try to explain the mess with fancy stories.




Nah.



823. Post 10148153 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

We are not in 2011.
It's not the same



824. Post 10148160 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: dropt on January 14, 2015, 08:24:39 AM
Frankly, all these alternative conspiracy-like explanations are just BS because this crash is 100% technicals.

So basically:  Technicals dictate what happens and especially WHEN it happens.
Shit happens.
And then we try to explain the mess with fancy stories.

Nah.

 Roll Eyes   I liked you better when you actually tried to share your thoughts on technicals.  Maybe you can rewind the charts a week and then show us all where they said this would play out like it did?
"They"? What do you mean?



825. Post 10148268 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: dropt on January 14, 2015, 08:29:29 AM
Frankly, all these alternative conspiracy-like explanations are just BS because this crash is 100% technicals.

So basically:  Technicals dictate what happens and especially WHEN it happens.
Shit happens.
And then we try to explain the mess with fancy stories.

Nah.

 Roll Eyes   I liked you better when you actually tried to share your thoughts on technicals.  Maybe you can rewind the charts a week and then show us all where they said this would play out like it did?
"They"? What do you mean?

The charts and your technicals.
https://bitcointalk.org/index.php?topic=274613.msg10003875#msg10003875
https://bitcointalk.org/index.php?topic=913125.0

Also, Tzupy posted this: https://bitcointalk.org/index.php?topic=274613.msg10001061#msg10001061


Mine was basic stuff. If that formation and the trend line were gonna break, I said it was gonna be a ridiculous big prolonged move.
Price structure builds in months and weeks, and then it has to decide.



Usually "manipulation" is for very quick short term moves, like the BTC-E instant flash crash we had to $300 (with quick recovery while all the other exchanges hardly moved), that was pure manipulation, but for a quick buck and short lived. These players don't control whole trends, that's not how the market works IMHO.



826. Post 10148326 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

PS: Somebody also said that $300 could not be breached because bearwhale and all the support that we had down there. But nope.



827. Post 10148466 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: Blitz­ on January 14, 2015, 08:23:00 AM
For the people lamenting how horrible the fall of the long term log trendline is, and how that's never happened before, here's a blast from the past (in two ways Cheesy):
A multi-year long term trend line break. No, it never happened before.



828. Post 10148556 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: Blitz­ on January 14, 2015, 09:01:12 AM
For the people lamenting how horrible the fall of the long term log trendline is, and how that's never happened before, here's a blast from the past (in two ways Cheesy):
A multi-year long term trend line break. No, it never happened before.
Bro, do you even fractals?

Edit: Actually, that trendline of mine is multi year too. 2 years.
Mtgox trend line: End of 2010 - end of 2011.  --> 1 year.


Stamp trend line: End 2011 - beginning of 2015 --> 3 years



I wouldn't talk about fractals for long term trend line, when the actual lenght matters.



829. Post 10148640 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

If you wanna day trade (or trade on a few days time frame), I agree with Chris here:

https://twitter.com/ChrisDunnTV/status/555278588514029569

Emphasis on *short term* Grin


Watch how it develops.


PS: Personally, I wouldn't buy into this bitcoin shit anymore even if they gave it almost for free lol



830. Post 10148727 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Personally, I'm with Lambchop.

This thing could squeeze/pump a little and form a short term bottom for a while, but don't buy into tulip/beanie babies kids XD



831. Post 10148831 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: marcus_of_augustus on January 14, 2015, 09:26:13 AM
If you wanna day trade (or trade on a few days time frame), I agree with Chris here:

https://twitter.com/ChrisDunnTV/status/555278588514029569

Emphasis on *short term* Grin


Watch how it develops.


PS: Personally, I wouldn't buy into this bitcoin shit anymore even if they gave it almost for free lol

really??

so what are you buying? bonus bonds? annuities? walking frames?
Buying penis stocks.



832. Post 10149037 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

I mean Jesus:














This is actually good for Bitcoin™?



833. Post 10149493 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Quote from: marcus_of_augustus on January 14, 2015, 10:35:38 AM
6) have fun being out of the control of the facist bankster cartels
I prefer bitcoin mining cartels myself.



834. Post 10149523 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.48h):

Hey guys! Fucking amazing!


Talk about looking at the bright side!


http://www.reddit.com/r/Bitcoin/comments/2sdx3b/bitcoin_is_the_best_performing_currency_in_the/



835. Post 10158850 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.49h):

Quote from: ShroomsKit on January 15, 2015, 01:05:48 AM
Well, that was the bottom. I picked up a shitload of super cheap coins. Thanks to you idiots selling at the very bottom.
Thanks for playing.

HAHAHAHAHAHAHHAHAHHAHAHAAHHAAHAH





836. Post 10158913 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.49h):

Quote from: ShroomsKit on January 14, 2015, 11:04:55 PM


Amazing how you people are so convinced that we'll magically go up again once we hit low prices. Where do these delusions come from?

Quote from: ShroomsKit on January 15, 2015, 01:05:48 AM
Well, that was the bottom. I picked up a shitload of super cheap coins. Thanks to you idiots selling at the very bottom.
Thanks for playing.




837. Post 10184016 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.50h):

Quote from: ShroomsKit on January 14, 2015, 11:04:55 PM


Amazing how you people are so convinced that we'll magically go up again once we hit low prices. Where do these delusions come from?

Quote from: ShroomsKit on January 15, 2015, 01:05:48 AM
Well, that was the bottom. I picked up a shitload of super cheap coins. Thanks to you idiots selling at the very bottom.
Thanks for playing.





Quote from: ShroomsKit on January 17, 2015, 08:39:04 AM


I'll explain it again. Nobody out there is willing to buy $200 coins and you somehow expect it to magically go up big time. Get fucking back to reality!



838. Post 10235877 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.51h):

Looks like $150 was a short term bottom after all, as I suggested it might be. Personally I stayed out because I'm not trading this anymore, but congratz to Blitz and the others who bought and made a very nice percentage, gotta acknowledge a good trade when traders make one  Smiley


I'm still pretty convinced it's just a short term bottom though. As always, there is all the time in the world to break below that.




You bulls will have to pump it a lot more to break that or to break the previous bubble high at $260.
Good luck with all that, definitely not an easy task  Grin





839. Post 10235931 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.51h):

If you wanna have real-time updates on the Silk Road Trial follow these guys on Twitter  Wink

https://twitter.com/susie_c
https://twitter.com/sarahjeong
https://twitter.com/a_greenberg




Poor Ulbricht, he really screwed up lol


PS: Sounds like Karpeles being DPR was just bullshit after all.



840. Post 10256505 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.52h):

Quote from: kodtycoon on January 25, 2015, 04:42:46 PM
any one notice this?

okcoin


huobi


bitfinex


all three are still above that trend line.. unless im drawing them wrong.. Roll Eyes
you drew that wrong because it's in linear scale. Never do that.
Always logarithmic scale.



841. Post 10256568 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.52h):

There you go  Grin





842. Post 10266162 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.53h):

Buying the breaks of big resistance is always a good trading strategy:




Quote from: Wandererfromthenorth on January 25, 2015, 05:00:53 PM
There you go  Grin







For right now, remember tho: when it looks too bullish, it's actually bearish  Smiley



843. Post 10266594 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.53h):

Remember kids, you are supposed to buy the actual breaks or resistance, not the tops after ridiculous parabolic rises, that's when you are supposed to GTFO  Smiley


Alternatively, you buy the rumour and sell the news. Work every time.



844. Post 10359951 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.56h):

Quote from: fonzie on February 04, 2015, 09:35:17 PM
Has anyone else thought that the winklis are opening their "gemini" exchange out of despair because they know that their ETF won´t be approved?
That's what I'm thinking.


Quote from: inca on February 04, 2015, 09:39:02 PM
Has anyone else thought that the winklis are opening their "gemini" exchange out of despair because they know that their ETF won´t be approved?

Which rock have you crawled back out from under all of a sudden?
What do you mean?



845. Post 10452943 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: greenlion on February 13, 2015, 09:51:46 PM
Ripple is an impressive and astounding accomplishment in marketing hoax. Ripple Labs has successfully painted their brand as friendly and amenable to establishment players, yet there is practically zero adoption whatsoever, and Ripple requires establishment adoption because there is essentially no way for it to be useful on a purely peer-to-peer basis. The business model of Ripple Labs depends on XRP being preferred as a reserve currency for building exchange paths, yet the massive founder holdings and mickey mouse lolfunbucks distribution swings like a sword of damacles of counterparty risk over any possible appreciation due to adoption in that way. Ripple is absolutely terrifying, because I am hard pressed to think of any FUD story that is unfairly hoisted upon Bitcoin that doesn't turn out to be literally true about Ripple.
The way I understand it is that the ripple network is less dependant on XRP that what you are describing. It is mostly a bridge currency, useful but not that necessary in my view.

Also, we perfectly know who holds the XRPs, the same cannot be said for the top bitcoin whales who own 50k-100k coins.

Recently we have seen integration with Fidor bank, Earthport and others. The "adoption" ripple labs is going for is doing pretty fine if you ask me. On top of that, the technology is still very new.


I think the dudes at Ripple Labs are onto something huge, and that is actually useful. I'm not 100% convinced on XRP as an investment long term tho.



846. Post 10453247 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Bernard Lerring on February 13, 2015, 10:24:37 PM

 I'm not 100% convinced on XRP as an investment long term tho.


The distinction I'd make with this point (even though I agree with what you're saying) is thus:

Most of us want to see great returns from Bitcoin and we therefore see it as an investment. But even if Ripple were to gain you a return and was therefore a "good investment" would it trouble you that you'd used a protocol that has establishment links and is possibly a threat to the decentralised, free spirit of crypto?

I don't necessarily want to come across as a crypto-anarchist, but I'd rather support a genuine alternative to the economic system that's failing us.
For all we know the "decentralize everything" approach of bitcoin might be an utopia that doesn't work long term or that creates more problems than it tries to solve.
For example the fact that it is supposed to be 100% decentralised (even tho it's not actually the case considering mining centralisation for example) raises issues related to consumer protection (that's a big one), money laundering, frauds, scams etc.

An utopia much like anarchy, it either doesn't work in practice or nobody actually adopts it and still prefer governments, the state etc  Grin

So basically you try to solve some problems but the 100% decentralised solution might bring new ones or offer us something that in the long run is a lot worse.
I understand you talk about the "spirit of crypto" but that spirit might be a lot more corrupt that the fiat system you are talking about.
"Trusted third parties" are not out there just to screw ya. t's not that simple.



847. Post 10453288 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Walsoraj on February 13, 2015, 10:27:05 PM
XRP functions as a transaction stamp and temporary holding/conversion currency.  It's value is expected to rise as the network grows and becomes more useful.  Ripple's alleged "premine" makes sense when you view XRP like a stock that is gradually issued as the company grows.
 

RESISTANCE IS FUTILE, JOIN RIPPLE OR BE ASSIMILATED!  
I agree with the "premine" part, it makes sense because it's a distribution like a stock.
But you said "is expected to grow", to fulfill its function it doesn't necessarily need a ridiculously high marketcap.
Also, In a recent interview chief cryptographer David Schwartz said that it's technically possible for the USD itself (or another major fiat currency) to be used as a bridge currency as opposed to XRP  Tongue

I'm not bashing XRP (lol I hold some myself), I'm just saying I am not 100% convinced on it  and I'm trying to be objective (on the other hand, I'm pretty convinced about the usefulness of the ripple network as a distributed ledger system, which I think is better than the bitcoin blockchain).



848. Post 10453323 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: GaliX on February 13, 2015, 10:35:34 PM
XRP functions as a transaction stamp and temporary holding/conversion currency.  It's value is expected to rise as the network grows and becomes more useful.  Ripple's alleged "premine" makes sense when you view XRP like a stock that is gradually issued as the company grows.
 

RESISTANCE IS FUTILE, JOIN RIPPLE OR BE ASSIMILATED!  


Ripple is just an i.o.u. not even a currency or even trustless why would I you it over bitcoin? wtf....
Well XRP IS trustless. Aside from its distribution which works like a stock, XRP transactions are as trustless as the bitcoin ones.
The point I was making is: if people can use any fiat currency or asset on the ripple network, XRP could become less relevant and doesn't need to have a high marketcap, even if is the only one that doesn't require trust or if it's supposed to work as a bridge currency.




849. Post 10462212 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: LFC_Bitcoin on February 14, 2015, 09:22:07 PM
Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?
It's a (short term) technical breakout (out of the bitstamp pennant) so it means price is pumping at least for a while. It's not a mistery. Doesn't have to do with news.
It could be already over or could still go a little bit higher. It it goes higher next target is probably $275 or something.

Long term still looks bearish to me.



850. Post 10462305 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Morecoin Freeman on February 14, 2015, 09:33:35 PM
Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?
It's a (short term) technical breakout (out of the bitstamp pennant) so it means price is pumping at least for a while. It's not a mistery. Doesn't have to do with news.
It could be already over or could still go a little bit higher. It it goes higher next target is probably $275 or something.

Long term still looks bearish to me.
Are you going to short this pump?
I'm not trading bitcoin right now.

But no I wouldn't go short now, seems risky (because it  could go a little higher for now). I would probably start to take profit on exchange (only sell coin) if you bought at like $220-$230. But that's because I don't trust these short term pumps that much and I am still bearish long term.

I would maybe open some shorts if it goes to $275 right away and it starts to show clear signs of weakness. But not before.



851. Post 10462516 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: shmadz on February 14, 2015, 10:10:18 PM
Or so you hope.  So funny watching all the "Oh BTC dead crowd" go quiet and make dumb comments.

Cheesy

When did I become part of the BTC is dead crowd.  I am just saying that it will likely continue to follow the long term trend until we see a real reversal, but its gotta go sideways for a long long time before a reversal of the long term trend.
Huh
I thought the high volume low at 166 was the point of the reversal.

So you think we will go lower than 166?
There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.



852. Post 10462612 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: inca on February 14, 2015, 10:27:46 PM
There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.

So you said yesterday. Proof?

Of course the only particular reason to think that 166 was the final bottom will be when the downward trendline is broken. That is currently 25$ away by my poor quality 'lines on a chart' TA.
You mean this one?



You probably drew that line in linear scale, never draw trend lines in linear scale, they lead to fakeouts.
Also, breaking that line doesn't mean that the final bottom is in either. The same thing happened in May, it broke the downtrend trend line and price spiked to $680, but eventually made a new low anyway, creating a new downtrend line (the one I posted, currently sitting at $357).


Regarding volume in USD:

"Quote, USD"









^The bottom volume in USD is the same as the $475 megabulltrap.



Same for other exchanges.



853. Post 10463637 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Walsoraj on February 15, 2015, 01:56:18 AM
http://www.reddit.com/r/BitcoinMarkets/comments/2vubfu/daily_discussion_saturday_february_14_2015/

Includes some interesting discussion about OKcoin.  Apparently, CTO Changpeng Zhao has left?

*edit*

http://www.reddit.com/r/BitcoinMarkets/comments/2vubfu/daily_discussion_saturday_february_14_2015/col8tf0?context=3

11 hour old news.  I'm slow.











By the way, he didn't say anything on his twitter account tho, the hell:
https://twitter.com/Cpzhao



854. Post 10469921 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.58h):

Quote from: rpietila on February 15, 2015, 05:18:16 PM
shmadz:

I am sure you realized he is from 2011, you're not. So shut up, willya?
What the hell has that got to do with anything?



855. Post 10505890 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.59h):

Quote from: NotLambchop on February 18, 2015, 10:55:35 PM
Stay classy, Bitcoin Cheesy


https://twitter.com/cukeking/status/566718476371255296



856. Post 10505985 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.59h):

Watch this video here at that point:

https://www.youtube.com/watch?v=EFxsIbhPws4#t=1h07m30s

Watch Brian Kelly (http://www.briankellycapital.com/bitcoin-big-bang/), long time bitcoin perma-bull and big Wall Street VC guy, admit that "bitcoin operates on a greater fools theory, which is fine until there are no greater fools"





LOL!

 



857. Post 10506087 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_13.59h):

Quote from: jeffhuys on February 18, 2015, 11:21:59 PM
Go at 1 hour 7 minutes and 32 seconds (1:07:32) at this video here:

https://www.youtube.com/watch?v=EFxs

Watch Brian Kelly (http://www.briankellycapital.com/bitcoin-big-bang/), long time bitcoin perma-bull and big Wall Street VC guy, admit that "bitcoin operates on a greater fools theory, which is fine until there are no greater fools"

LOL!

You know you can just link with a timestamp, right? Smiley
I fixed it now  Smiley

https://www.youtube.com/watch?v=EFxsIbhPws4#t=1h07m30s



858. Post 10579663 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.00h):

Looks like some people here still use the fact that bitcoin recovered from a almost complete retrace crash in 2011/2012 when marketcap was more than 100 times smaller than today (and the whole landscape was completely different) as an argument that it will do the same now.

*sigh*



859. Post 10579690 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.00h):

Quote from: empowering on February 25, 2015, 05:21:06 PM
http://www.coindesk.com/cyberinsurance-pioneer-bitgo-insurance/

Insurance will soon be commonplace, for most/all Bitcoin related business.

Get used to it.
Like Coinbase and Circle pseudo-insurance?

https://bitcointalk.org/index.php?topic=960437.msg10517604#msg10517604



860. Post 10579836 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.00h):

Quote from: empowering on February 25, 2015, 05:27:14 PM
Looks like some people here still use the fact that bitcoin recovered from a almost complete retrace crash in 2011/2012 when marketcap was more than 100 times smaller than today (and the whole landscape was completely different) as an argument that it will do the same now.

*sigh*

and some people seem to make the argument that it can never retrace to a price, that it was at just a year ago (and pass that even) despite everything that is happening in the space, which is light  years ahead of where it was in 11/12, which they keep trying to say means nothing.

*sigh*

and all the while the truthiest truth is that non of us have a crystal ball....





Light years ahead? What happened? A few big or small merchants and companies "accepting" bitcoin while *NOT* accepting bitcoin? Exchanges going bust? Plenty of scams that burned a lot of noobs? A few ATMs? The development of potentially better technologies (not talking about shitcoins lol)?
I don't see real improvement.

Also, "light years ahead than 2011/2012", that's the point, you buy for cheap when nobody is talking about it (2011-2012), not when noobs start screaming "moon, guaranteed!" and rambling about bitcoin world domination because "infrastructure". That's when you consider dumping if what you see around doesn't convince you.


I mean read that Fed "bullish on the technology" article and tell me if it's not the most bearish thing ever for bitcoin itself.
What they say it's pretty clear.



861. Post 10579894 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.00h):

Quote from: empowering on February 25, 2015, 05:28:17 PM
http://www.coindesk.com/cyberinsurance-pioneer-bitgo-insurance/

Insurance will soon be commonplace, for most/all Bitcoin related business.

Get used to it.
Like Coinbase and Circle pseudo-insurance?

https://bitcointalk.org/index.php?topic=960437.msg10517604#msg10517604

No... like insurance veterans getting into the Bitcoin space and providing insurance.

If I had meant coinbase and circle, I would have posted that.  Cheesy
What I meant is that "bitcoin insurance" can probably only be what circle and coinbase are offering, basically telling people that "it's all insured" but if your computer/account gets hacked you are screwed and they don't give you a penny.
Considering bitcoin is irreversible and all, good luck with actual consumer protection.



862. Post 10580489 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.00h):

Quote from: greenlion on February 25, 2015, 06:04:34 PM
What I meant is that "bitcoin insurance" can probably only be what circle and coinbase are offering, basically telling people that "it's all insured" but if your computer/account gets hacked you are screwed and they don't give you a penny.
Considering bitcoin is irreversible and all, good luck with actual consumer protection.

I think you have a very curious idea of what insurance actually is, and you're inventing some weird troll-y fiction to support a completely artificial view of insurance.

If the risks can be reasonably quantified through actuarial analysis, there can be insurance. Stolen cars aren't exactly always reversible.
Just pointing out that what Coinbase and Circle are currently claiming to have as "insurance" is pointless (and kind of a lie), considering bitcoin and its frictionless nature as money (perfect for scammers/hackers/thieves). Not the same as a bank account.



863. Post 10580906 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.00h):

Quote from: silverfuture on February 25, 2015, 07:00:42 PM

Considering bitcoin is irreversible and all, good luck with actual consumer protection.

OMG! It's irreversible like the cash you pay in a brick and mortar! There is NO WAY consumer protection could exist with bitcoin.  

Oh wait!

http://finance.yahoo.com/news/mainstream-consumer-protection-meets-bitcoin-100900458.html

Quote
February 13th, 2014 -- While Bitcoin has been exploding worldwide, many have argued that for Bitcoin to reach the next level of mainstream adoption there needs to be a mechanism to protect Bitcoin users from scams and fraudsters. New innovative open source start-up Bitrated is doing just that – bringing the standards of consumer protection customers have come to expect from legacy payment systems to Bitcoiners worldwide. In a world first Bitrated offers consumer protection for the safe purchasing of Bitcoin and other goods with Bitcoin, an open arbitration marketplace, buyer fraud protection mechanisms, niche experts and more.

Are you even aware of what day of the week it is? Huh

No wonder you are a wanderer  Undecided
Calm down, cultist. You are a little nervous.

I read this thing and I see "trusted third party". I thought bitcoin was supposed to avoid those evil ugly "trusted third parties" satoshi was talking about in his paper and that this was the whole narrative for bitcoin paranoid libertarians.

Now you are saying that trust is necessary?



864. Post 10581056 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.00h):

Quote from: empowering on February 25, 2015, 07:14:19 PM

Considering bitcoin is irreversible and all, good luck with actual consumer protection.

OMG! It's irreversible like the cash you pay in a brick and mortar! There is NO WAY consumer protection could exist with bitcoin.  

Oh wait!

http://finance.yahoo.com/news/mainstream-consumer-protection-meets-bitcoin-100900458.html

Quote
February 13th, 2014 -- While Bitcoin has been exploding worldwide, many have argued that for Bitcoin to reach the next level of mainstream adoption there needs to be a mechanism to protect Bitcoin users from scams and fraudsters. New innovative open source start-up Bitrated is doing just that – bringing the standards of consumer protection customers have come to expect from legacy payment systems to Bitcoiners worldwide. In a world first Bitrated offers consumer protection for the safe purchasing of Bitcoin and other goods with Bitcoin, an open arbitration marketplace, buyer fraud protection mechanisms, niche experts and more.

Are you even aware of what day of the week it is? Huh

No wonder you are a wanderer  Undecided
Calm down, cultist. You are a little nervous.

I read this thing and I see "trusted third party". I thought bitcoin was supposed to avoid those evil ugly "trusted third parties" satoshi was talking about in his paper and that this was the whole narrative for bitcoin paranoid libertarians.

Now you are saying that trust is necessary?

Can you imagine a world, with improved Bitcoin security ,where some are , if they choose, able and willing to secure their own coins and devices, and then there are others, some individuals that use companies, third parties, and some companies are insured, so as to comply with standards that enable them to interact with the conventional financial system, in a way that satisfies peoples needs and the regulations that exist?

I can.

Looks like we are going at the very core issue of the whole bitcoin phenomenon.

First satoshi creates a technology that is supposed to avoid "trusted third parties" because apparently they are a problem.
Then we discover that trusted third parties are actually important and not a problem.
So we introduce trust in something that was supposed to avoid it? Huh

Why not used centralised finance that works better in the first place I wonder (that sure can welcome some improvements for example with distributed ledger protocols)?

Basically we just discovered that the original satoshi endeavour of making money 100% decentralised and trust-less was kinda... bullshit because trust in necessary.



865. Post 10622233 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.01h):

Folks who say that "trading is gambling" or that "you shouldn't trade because most traders lose money" are the ones who never took the time to learn what TA is, how they are supposed to use it and never tried to apply it (in the correct way) in real markets for any significant amount of time.

If you don't trade then no problem, but if you didn't do these things and you actually trade (most people), well, you are the reason why the BTC markets are so easy to trade  Cheesy


Sure, if all market participants knew the simple tools it would probably be different. Fun fact tho: they don't.

Y'all woud be surprised of how easy this shit can be, you don't have to be a genius or a "super-trader".





PS: I'm talking about playing the major moves (once or twice a month for at least 20% and more, maximizing profits with the least effort), not stryctly "daytrading" (closing the position in a day/few days), you risk getting screwed by noise and stressing yourself for nothing if you do that in the BTC markets.





866. Post 10622403 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.01h):

If it breaks the trend line currently sitting at around 238-240 with decent volume, it's done.



867. Post 10622439 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.01h):

There is a lot of emotion and especially "dumb money" in the BTC markets, that's one of the reasons it's so easy to trade.


You can see that by simply looking at the chart, you can see it if you actively trade, and you can certainly see it if you read the reddit bitcoin subforum .-.



868. Post 10624440 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.01h):

Quote from: inca on March 01, 2015, 05:39:40 PM
If it breaks the trend line currently sitting at around 238-240 with decent volume, it's done.

Someone market sold 8000 coins into the orderbook on finex earlier and it didn't even breach 245.

You better get selling or we'll be back in the 250's shortly..
Gonna take a few days/1 week to get to touch the trend line.



869. Post 10694787 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.03h):

Quote from: kurious on March 07, 2015, 09:16:34 PM
...  I would dare say that my "bubble model" is at least Copernican ... Maybe even a bit Newtonian...  Cheesy

Now you're getting ahead of yourself, doc.

I have one additional comment on your model (aside from the fact that I don't buy the market events premise, as I said before... Cheesy). I'll write it up a bit later.

Bless him, but he is no Isaac Newton.
Good for him, or the same could have happened with BTC  Tongue








870. Post 10695032 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.03h):

Quote from: oda.krell on March 07, 2015, 09:47:43 PM
Just wait until monday and you will see what is going to happen after this yet another wash volume chinese fake "pump".

Where do you actually see so-called "Volume" you are talking about?
Both the sides don't actually have any volume these days as compared to the previous ones whilst the auction was not even announced. The crash is actually "DONE" and I think it's time for the whales to wake up and pump, you know, "weak hands got out". And yes, I don't think there might come something major on Monday.

Not the volume you had in mind I guess, but this made go back to look at long term volume... Short version: doing pretty well currently, both in terms of BTC volume and USD volume, though the latter is still far behind the peak in late 2013/early 2014.

The following is Bitstamp + Bitfinex + BTC-E, BTC and USD. BTC volume is now the highest it has been in about a year (and even in USD terms beats the mid-2014 period). Compared to the late stages of the 2013 bubble however, it's still behind (and that's excluding mtgox volume that was a major factor in late 2013).


Mmh, in fiat terms the volume just seems still kinda low to me. On chinese exchanges (why didn't you put them in there? if there is fake volume in there or not we are talking about increases/decreases in volume, so we shouldn't care) there was a lot of interest in the $300-$400 area before the last crash (especially on OKCoin). Now there seems to be less interest to play the current price range.


Quote from: Wandererfromthenorth on February 14, 2015, 10:40:02 PM







^The bottom volume in USD is the same as the $475 megabulltrap.



Same for other exchanges.



871. Post 10695621 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.03h):

Quote from: inca on March 07, 2015, 10:56:43 PM
Wanderer thinks we are going down because the volume on stamp (dying post hack) is lower than during a blow off bubble top. He ignores the fact that on finex (the main bitcoin exchange) volume is up hugely in the last few months. He will be surprised when the price glides past 300 and continues upwards..
Did I say anything about what the price will do next?

We were talking about all exchanges combined, The bitfinex volume in USD is not that different compared to the one during the $300-$400 range, only slightly, and it could be due to the fact that more people are using the exchange (compared to bitstamp for example). If you combine all volumes measured in fiat on all exchanges (and I added chinese ones even if oda doesn't think that's a good idea), there is less volume overall now than in the $300-$400 range before the last crash.
That's all I said.

What do you mean with "main bitcoin exchange"? what criterion are you using? Certainly not volume. You telling me that the volume on Huobi and OKCoin is in part "fake" doesn't tell me if the volume on bitfinex is bigger than the "legit" part of the volume on chinese exchanges...

There is no such thing as a "main bitcoin exchange" right now by the way.



872. Post 10715396 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Miz4r on March 09, 2015, 06:43:23 PM
To be honest, I hope we won't see a rally.

A slow and steady rise from here would be very bullish.

Slow and steady not possible. Either goes parabolic another ~50$ and crashes, or runs of of steam and crashes.

So no matter what happens it will crash? Bitcoin can do anything it wants to. I agree slow and steady is unlikely, but parabolic $50 and crash or stagnation and then crash are definitely not the only two options. We could keep stair stepping upwards for quite a while longer, with some consolidation periods and retracements in between.
What you need for that to happen is an insane amount of fiat being poured in on all exchanges. Bid Sum on all exchanges is still low AF.
The pumps you saw these last weeks are mostly people not wanting to sell (yet) as we can see with the rapidly decreasing ask sums and a lot of longs going full retard.
This is something similar to what happened with the rally from $450 to $680 last year. It's not sustainable, it just delays the inevitable.

Then sure, if all exchanges will suddenly be flooded with fresh fiat with bid sums going crazy then the story changes and maybe the real uptrend can begin, but until then...



In the meantime as mentioned it could go to like $330-$360 (where the log trend line is, as I posted last week) tho, but it doesn't mean much long term, still.



873. Post 10762124 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.04h):

Quote from: octaft on March 13, 2015, 01:46:30 PM
AFAIK TERA never divulged their gender, and them being a she was based off of some sexist bullshit BJA came up with. Big shock there, I know.
I remember she did, she said something like "you are talking to a girl" or something.
Too lazy to find the post tho.



874. Post 10770961 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.04h):







875. Post 10773986 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.04h):

Quote from: mcplant on March 14, 2015, 08:06:30 PM
Almost 22 mill longs

This is starting to get interesting

where do you get this number?
http://bfxdata.com/swaphistory/usd.php



876. Post 10790313 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.04h):

As price slowly drifts upwards on low volume, bid sum on exchanges is still relentlessly decreasing.
If this is supposed to be a sustainable uptrend/trend reversal/post capitulation FOMO blah blah blah it should be the opposite. Price convincingly moving up with fresh fiat flooding exchanges. That's what happened with previous bubbles.

No obvious evidence of new monies coming in = no bull market

This could change of course, but for the moment it's not happening.
Price could still pump short term to $330-$350, but this is troubling news for the bulls, long term that is.

Amount of bids sitting at huobi is almost at 1 year low...



As a reference, the bids sitting at Mtgox at same current price in 2013 were way more than the bids on all current major exchanges combined (and at the time there was Bitstamp and especially BTCchina which were going crazy).








877. Post 10790618 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Andre# on March 16, 2015, 02:15:29 PM
As price slowly drifts upwards on low volume


What are you talking about? Volume on Finex has been between 50 and 100 million USD per week the past five weeks.


I was talking about right now.



878. Post 10810178 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Evolution admin is probably dumping on BTC-E. He doesn't give a single fuck



879. Post 10810360 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: dropt on March 18, 2015, 10:32:01 AM
A scammer on teh internets just stole 43k BTC ($12 millions), but don't worry, he is not gonna dump!
Bullish!

You mean Coinapult's hot wallet loss? If so, your numbers are a bit off - they say they lost just under 43000 USD worth of BTC, or 150 Bitcoins.

http://www.coindesk.com/coinapult-loses-40k-hot-wallet-compromise/

He means Evo, the second largest dark market.

http://www.reddit.com/r/Bitcoin/comments/2zf5vd/the_2nd_largest_darknetmarket_evolution_has_run/

This could turn ugly for the guy... Running away with 43K is A LOT of money even at these prices, but not enough to be vanished. Hope he returns the funds... Undecided
They didn't run away with 43k BTC.  That's the total received.  You guys are panicking over a dumbasses misinterpretation of the wallet transaction history.  FFS.
No. He says "eight figure profit".
43k BTC = $12M.

So it's at least 36k BTC minimum.

https://www.cryptocoinsnews.com/darknet-market-evolution-unreachable-funds-stolen/



880. Post 10810513 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: tarmi on March 18, 2015, 10:58:30 AM
It saddens me that Bitcoin apparently can't even be meaningfully used for one of its core businesses, drugs, and I feel sorry for the honest drug dealers who got their money stolen. Sad


lel

fundamentals not looking too good, lot of longs opened, 300 is unbreakable, hidden bearish divergence formed and not a lot of shorts...

the stage is set and my shorts are in green!

love it.

Don't forget bid sum.
The lowest in months and months, and still decreasing.

Stamp currently at less than $3M. Huobi at less than 8M CNY. etc.

Shit ain't looking good.




881. Post 10810578 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

You know your market is fucked when a scammer steals almost as much USD worth of BTC ($12M) in one go as there is in bids on the orderbooks of all major exchanges combined (bitstamp, bitfinex, BTC-E, Coinbase, Huobi, BTCChina, OKCoin = around $15M).



882. Post 10811414 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: KryptoFoo on March 18, 2015, 11:24:35 AM
Everyone get a grip please! it is not $12m or 43k BTC! The reporting on this matter absolutely sucks. Multiple sources claiming Evo's wallet holding 43K coins. It doesn't, it currently holds 980BTC. Bitcoin media reporting is appallingly poor.
He probably just moved the coins to other addresses.

Quote from: Wandererfromthenorth on March 18, 2015, 10:48:57 AM
They didn't run away with 43k BTC.  That's the total received.  You guys are panicking over a dumbasses misinterpretation of the wallet transaction history.  FFS.
No. He says "eight figure profit".
43k BTC = $12M.

So it's at least 36k BTC minimum.

https://www.cryptocoinsnews.com/darknet-market-evolution-unreachable-funds-stolen/




883. Post 10811517 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):




884. Post 10815625 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: fonzie on March 18, 2015, 07:50:12 PM
I hope bulls are stupid enough to buy it up to 280$ again. 275$ would be fine too. Go for it!
Yeah in theory there should be a fairly decent bounce right about now. It might still come, but for now buying is pretty weak. Bulls wasted all their fiat at around $290-$300 buying some of the chinamen megaminers' asks  Cheesy

If you stare at the bid sum on the various exchanges for long enough you will start to hear crickets sound.

http://coinsight.org/huobi
http://coinsight.org/bitstamp

https://www.youtube.com/watch?v=Yd0fBXwDBmo



885. Post 10815706 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

LOL!



Bitfinex longs are now even higher than before the dump!

$22.4M




886. Post 10815832 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

RIP:


Quote from: EuroTrash on March 18, 2015, 08:15:07 PM
according to "sources", 130k BTC were stolen:

http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/



887. Post 10815935 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: adamstgBit on March 18, 2015, 08:25:43 PM
if you take a step back and realize that there might be more long demand as the bear market comes to an end and the bull market starts....



21M in longs is no where near the 31M we saw last year, and shorts are actually pretty high compared to last year, so i'm not TOO concerned about it.

I'm shitting bricks all hope is lost!!!
Yes but BTC price is a lot lower than at the beginning of 2014 so the USD value of those shorts is a lot less.
Basically they didn't increase too much in USD terms.



888. Post 10816294 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

"Bounce or die" time





889. Post 10816413 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: Morecoin Freeman on March 18, 2015, 09:11:53 PM
"Bounce or die" time




It's basically sell or die from here.
Yep, confirmed just now  Grin



Support broke, adios  Smiley



890. Post 10816510 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: crazy_rabbit on March 18, 2015, 09:30:20 PM
I wasn't watching the past 3 days- did something actually happen or just a reversal because, well, we didn't break $300?
http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/



891. Post 10816635 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Longs even higher than before, $22.5M

Total fucking craziness. Smiley



892. Post 10816681 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: crazy_rabbit on March 18, 2015, 09:44:34 PM
I wasn't watching the past 3 days- did something actually happen or just a reversal because, well, we didn't break $300?
http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/

Thats it? People got robbed again?
Yep.

And a criminal that scammed drug dealers out of $30+ millions (more than is currently sitting at the orderbooks in bids on all major exchanges combined, just to put things in perspective) can dump whenever he feels like it. He's probably already doing it (and won't be finished for quite a while)



893. Post 10816748 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: crazy_rabbit on March 18, 2015, 09:51:11 PM
I wasn't watching the past 3 days- did something actually happen or just a reversal because, well, we didn't break $300?
http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/

Thats it? People got robbed again?
Yep.

And a criminal that scammed drug dealers out of $30+ millions (more than is currently sitting at the orderbooks in bids on all major exchanges combined) can dump whenever he feels like it. He's probably already doing it (and won't be finished for quite a while)

I don't buy it. The guy is going to dump $30 million on the exchanges and then what- kindly ask Coinbase/Bitstamp/Kraken for a Western Union? Heck, it's unlikely the exchanges would even let the guy get his BTC back out once they put it in. They aren't dumb, and the high-volume exchanges are known to ask "where did you get that money?" before giving it back.

No, this sounds like a group of professional whales, that sit around waiting for some media event of note, then they take advantage of it in concert to crash the market to mop up big-time.

Unless something really important has happened- I think people are being taken for a ride.....
That's what BTC-E is there for.


Wanna hear a joke?

"Do you know why BTC-E never gets hacked?
Because the hackers wouldn't know where to launder their funds next"  Smiley




894. Post 10816802 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: crazy_rabbit on March 18, 2015, 09:57:26 PM
I wasn't watching the past 3 days- did something actually happen or just a reversal because, well, we didn't break $300?
http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/

Thats it? People got robbed again?
Yep.

And a criminal that scammed drug dealers out of $30+ millions (more than is currently sitting at the orderbooks in bids on all major exchanges combined) can dump whenever he feels like it. He's probably already doing it (and won't be finished for quite a while)

I don't buy it. The guy is going to dump $30 million on the exchanges and then what- kindly ask Coinbase/Bitstamp/Kraken for a Western Union? Heck, it's unlikely the exchanges would even let the guy get his BTC back out once they put it in. They aren't dumb, and the high-volume exchanges are known to ask "where did you get that money?" before giving it back.

No, this sounds like a group of professional whales, that sit around waiting for some media event of note, then they take advantage of it in concert to crash the market to mop up big-time.

Unless something really important has happened- I think people are being taken for a ride.....
That's what BTC-E is there for.


Wanna hear a joke?

"Do you know why BTC-E never gets hacked?
Because the hackers wouldn't know where to launder their funds next"  Smiley

BTC-E isn't so loosely run. It  might looks like it, because that's it's "special trademark feature" but they aren't idiots.

A) BTC-E has been hacked before.
B) They aren't going to launder $30 million in drug money when....
C) They could at minimum confiscate it themselves.

BTC-E has kept users funds before, I find it highly unlikely they would let someone move millions of illicit funds through the exchange in a 36 hour period. Maybe over many months, but not days. Their FIAT still sits in a real bank somewhere after all.
They can spread their dumps on various exchanges and that's it (and use various coin mixing services, pump&dump some shitcoins to leave no trace in the bitcoin blockchain and whatnot)
Are you saying that you think those hackers are not gonna get a penny out of their BTCs?



895. Post 10816843 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: tarmi on March 18, 2015, 09:49:21 PM
how's your longs doing bulls?

 Cool

Farther in the green than your shorts. Much farther if you only shorted in the 290s.


you didnt lock your profits?



Some. But reloaded Friday the 13th.

It seems we are repeating a previous pattern. I'd close those shorts as close to 280 as possible if I were you. Before the weekend as well.



we are repeating previous pattern until we are not.

what a bad omen for bulls your reload on Friday the 13th.

What a bunch of pussies bears are that they think Friday the 13th could help bring the price down further.... But it only came right back up. Seems they are stupid enough to try again right now. When will they ever learn? Once they have no coins to sell and have to buy back in a a loss? I hope so!









896. Post 10816951 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: Xiaoxiao on March 18, 2015, 10:05:10 PM
$150 by this weekend sometime.  Maybe that will be the double bottom...
No double bottom mah nig.


Shit's prolly going to double digits.
There's all the time in the world for that. Plenty of fakeouts, bounces and bulltraps to go before that happens.

$150 was no capitulation, just another short term bottom as $340 and $275.
If it will properly recover or not after that I don't even know (I have my doubts tbh).



897. Post 10817057 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: BitChick on March 10, 2015, 09:28:14 PM
Now is a good time to go all in BTC. 
http://www.gamblersanonymous.org/ga/


Not even trolling.



898. Post 10817576 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

http://www.reddit.com/r/BitcoinMarkets/comments/2zflro/daily_discussion_wednesday_march_18_2015/cpj9q02



lol



899. Post 10820578 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

http://www.tokyoreporter.com/2015/03/19/tokyo-cops-allege-bitcoin-used-in-sale-of-dangerous-drugs/




900. Post 10825071 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):



Quote from: Wandererfromthenorth on March 18, 2015, 09:09:40 PM
"Bounce or die" time









901. Post 10825265 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: BitChick on March 19, 2015, 05:52:52 PM
For those of us that have been through a couple Bitcoin bubbles, we know how crazy fast the price can rise when it finally decides to do so.  I believe it is more painful to miss out on that than just riding out these crashes, or equally so.
But price is not some magical thing that does whatever it wants.
Past bubble happened because people wired millions and millions on exchanges and you were clearly able to see it, among other things.
If price is about to go in a bubble you will be able to tell.

This time around it looks like nobody gives a flying fuck tho. At least for now.








$14-15M in bids currently on bistamp, bitfinex, btc-e, okcoin, huobi, btcchina, okcoin and coinbase ("$75M from NSYE!!!11!") combined, and still relentlessly going down.
3600 coins mined a day (almost $1M a day at current prices) and still 2 years of that shit.
Marketcap at $3.5-4 billion.






902. Post 10825363 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: inca on March 19, 2015, 06:52:55 PM
Why are you posting pictures of exchanges who have 1) no users after a hack (of course people aren't wiring money there) and 2) a small no fee Chinese exchange with fake volume (virtually no real volume when the volume bot turned off)?
Because I didn't want to spam the thread with a million pics.
I just chose two representatives exchanges.

Since bitcoin is today mainly a china business, I posted the one with the most bids available on coinsight.
"virtually no real volume when the volume bot turned off"
?


Go look at the other ones. Same result.
http://coinsight.org/




Quote from: inca on March 19, 2015, 06:52:55 PM
Why do you insist on comparing bidsum volume at the end of the longest bitcoin bear market with the heights of the biggest bubble bitcoin has ever experienced?
Because at the end of the previous bear market bid sum was convincingly going up as price was moving up. That's what caused (again, among other things) price to spike and continue to rise. Fiat flooding exchanges.

Also, I'm not comparing the bid sum now with the one at the peak of the bubble, I'm showing that bid sum is relentlessly decreasing and it's not getting better as it should if this was a trend reversal.




903. Post 10825513 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.05h):

Quote from: inca on March 19, 2015, 06:52:55 PM
Edit: and how do you know how much money is sat on exchanges but not on the orderbook? Point us at a post where you predicted the november 2013 bubble!
Yes money sitting on the bids is not necessarily the money sitting on the exchange, but:

1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
2: what we are interested in is how much demand changes, not necessarily in absolute terms. So changes in bid sum over time should give us a good indicator of how how much money in total (even if not sitting on the books) sitting on the exchange changes too.






As you can see bidsum started to convincingly go up at the end of the bear market.
Also, we were talking $15-$20 millions at mtgox alone (now we are lucky if there is that amount on all exchanges combined). Bid sum continued to consistently increase in both bubbles.



904. Post 10849840 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):

7 billion mofos on the planet and "eternal life desirable for society?".
U w0t m8?




I think it might even be possible eventually, but definitely not desirable IMHO. Fuck no.


By the way, some species ARE immortal:

https://www.youtube.com/watch?v=eMOkXkw5TKc



905. Post 10851687 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):

Good chart. A little bit too bullish though IMHO:

https://www.tradingview.com/v/QzIX8DhN/



906. Post 10863098 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):




Quote from: Wandererfromthenorth on March 19, 2015, 06:25:02 PM


"Bounce or die" time










907. Post 10864863 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):

Quote from: LFC_Bitcoin on March 23, 2015, 09:41:09 PM
I have an idea why don't you all stop fucking selling at every 20-30 dollar rise & HODL for 4-5 years.

Lets limit supply & go to the moon.



908. Post 10871127 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):

Quote from: magicmexican on March 24, 2015, 02:04:28 PM
Why its going to the dumpster once again? Any news?
1. Because $150 was just a short term bottom like $340 and $275
2. Because there is no demand (low bid sum and still decreasing)
3. Because in the recent pumps there was a lot of fake borrowed money with longs. Very little genuine fresh fiat.

Ignore the kool-aid "omg venture capital!!!" gang and you'll be fine.


That's pretty much it  Grin



909. Post 10871155 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):

Quote from: nioc on March 24, 2015, 02:17:30 PM
Recap of last 2 weeks of Cargo Cult TA©

Buy @282
Sell @290
Buy @260 (253)
Sell @267 (yesterday)

Presently @247 with buy signal nowhere in sight


Next up:


Buy at $67
Sell and GTFO at $150

lol



910. Post 10871223 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):

https://twitter.com/cryptoine/status/480487898723385344

https://twitter.com/chatify/status/580372162797670400



lol  Sad



911. Post 10871368 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.06h):

Quote from: adamstgBit on March 24, 2015, 02:42:42 PM
20K shorts on finex now

interesting....
$24.2M in longs, more interesting  Grin




912. Post 10911698 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.07h):

Quote from: inca on March 28, 2015, 01:03:45 PM
one buy and we are back in 300 territory!

lel

I mean, seriously dude? bulls had their opportunity like 3 weeks ago and didnt manage to do shit. sorry.

Shorts are up 8k in a week. If that continues then they will soon be at ATH. Yet we are a whopping 45 dollars down from 300. You've seen the lending rate start to creep up?

You never post your trades which means you probably choose to ignore the losing ones. You know 237 to 300. And now again, what, 235 to 300 again? Smiley

You keep mocking and provacating Xiaoxiao and Tarmi for losses (most of them are nothing more than a assumption) but asking you for your own losses (buying all the way down from the ATH) or your never ending false predictions of gigantic bull runs and even more gigantic short squirts, ey squeezes ...

...you maintain your silence, ey?  Roll Eyes

Sorry I can't sit here all day like you. Real life etc.

Provacating? Nice neologism.

You are partially right. I have been buying heavily since the autumn 2014. Just as I bought heavily in the first half of 2013. Speculative buying is a form of trading, and I am still in the green.

Traders mostly lose. That includes you and everyone else drawing lines on charts. Lines on charts are the reason xiao xiao is penniless rather than a millionaire when the charts looked bearish in 2011.

Good luck to you playing with leverage. You and tarmi keep it up. I'm sure you will be driving Ferraris soon shorting an ultravolatile commodity with virtually unknowable exchange supply and demand (except to market makers or exchange owners), with a history of moving up tenfold in a matter of weeks. Keep shorting after a 14 month bear market because.. A line on a chart points down Wink

Your description of "using lines on a chart", "charts were bearish in 2011" shows that you have a superficial understanding of TA or trading.

As always, the "most traders lose money" narrative is an excuse for people who are clueless about how trading is supposed to be done.
Let's be clear, there is absolutely nothing wrong with that, if that's not your style and you don't feel like stressing yourself with the act of following charts and learning how to do it. Nothing wrong. The problem is judging something you don't know much about.

You keep making assumptions about posters here and try to use that in some vague way to show that with trading people will lose in the long run.
Truth is, trading BTC today (that the market has matured a little bit from the more wild early days) is fairly easy for people who know what they are doing (and you don't need to be a professional or whatever) and don't overtrade.
As an example, somebody who started in 2013 with your amount of capital (how much it is I don't know but doesn't matter) would probably be sitting on something like 10X or more the amount of coins/fiat you have right now if he would have incorporated simple and basic trading tools in his investment strategy.

Again, I get that it is not your style, you don't have time to learn or to do it (although it doesn't take that much tbh) etc and that's perfectly fine, but please stop talking about TA and trading as if you knew what they are about. That's all I'm asking.



913. Post 10922059 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Ivanhoe on March 29, 2015, 04:41:28 PM


Hehe. I bought in a $550. Whatever. Go bitcoin lol
That bitterness. Too bad you're account is probably bought since you totally write in a different way. Paid troll spotted again.

I bought dozens of old hero and other accounts with money from JPMorgan. BlindMayorBitcorn is one of them btw.  Shocked
We will FUD and crash BTC/USD down to 10$. We are everywhere. We are LEGION!
As long as you guys have fun in this kindergarten, i guess there isn't anything of meaning in your life then.
https://www.youtube.com/watch?v=ygr5AHufBN4









914. Post 10923736 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.07h):

Quote from: shmadz on March 29, 2015, 07:56:57 PM



Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?

I'm not a trader, but I'd like to submit a guess?



Am I close? Or just being hopeful?
Ok for the first one but the second figure is not really a triangle.

I would say more something like this tho:





Increasing volume during pumps and decreasing volume during dumps = bullish

Increasing volume during dumps and decreasing volume during pumps = bearish

So now it's bearish.



915. Post 10962442 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).





916. Post 10962480 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

IMHO BTC is still in midrange, no real breakout yet.
It is forming a triangle/pennant with a top at $255 (that would be the breakout point I guess)

Unless it breaks right now (but I doubt), breakout/breakdown will happen in about one or two weeks.



917. Post 10962687 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: galdur on April 02, 2015, 05:46:54 PM
How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).




Well, there are like 32 billion coins going on 100 billion which has to be taken into consideration when markets try to price this thing. That´s why they´re called markets I guess.
The ripple network is a distributed ledger system to move fiat currencies instantly, globally, for cheap, kinda like bitcoin but without the drama, the volatiliy, the 0 consumer protection irreversibility, the POW, etc.
The cryptocurrency XRP is just a spam mechanism and an addition as a bridge currency, supposedly (but that is not necessary, the USD could play that role in the network eventually for example), anybody wanting to use the ripple network can give 0 fucks about XRP and its price.

Stop. Focusing. On. The. Friggin. Tokens.



918. Post 10962852 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: inca on April 02, 2015, 06:02:04 PM
How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).




Well, there are like 32 billion coins going on 100 billion which has to be taken into consideration when markets try to price this thing. That´s why they´re called markets I guess.
The ripple network is a distributed ledger system to move fiat currencies instantly, globally, for cheap, kinda like bitcoin but without the drama, the volatiliy, the 0 consumer protection irreversibility, the POW, etc.
The cryptocurrency XRP is just a spam mechanism and an addition as a bridge currency, supposedly (but that is not necessary, the USD could play that role in the network eventually for example), anybody wanting to use the ripple network can give 0 fucks about XRP and its price.

Stop. Focusing. On. The. Friggin. Tokens.

Take your ripple spam elsewhere.
Why are you so close minded?

I thought libertarians liked innovation/competition.

I'm not promoting anything, I just think that new technologies in crypto are promising and I'm interested to follow their developments.
I don't care about no altcoins/shitcoins, those are P&D  Smiley



919. Post 10962883 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Watch $255, if that breaks with decent volume, short term little bull run.

I don't think it is ready for a big move either up or down yet to exit the current midrange (235-255), but we'll see.



920. Post 10963007 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: greenlion on April 02, 2015, 06:12:00 PM
How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).




Well, there are like 32 billion coins going on 100 billion which has to be taken into consideration when markets try to price this thing. That´s why they´re called markets I guess.
The ripple network is a distributed ledger system to move fiat currencies instantly, globally, for cheap, kinda like bitcoin but without the drama, the volatiliy, the 0 consumer protection irreversibility, the POW, etc.
The cryptocurrency XRP is just a spam mechanism and an addition as a bridge currency, supposedly (but that is not necessary, the USD could play that role in the network eventually for example), anybody wanting to use the ripple network can give 0 fucks about XRP and its price.

Stop. Focusing. On. The. Friggin. Tokens.

Let's break down each claim:

- "distributed ledger system to move fiat currencies instantly": sort of true, although it's not "distributed" right now and it's not clear that the consensus mechanism will actually work if it's actually distributed

- "for cheap": true

- "kinda like bitcoin but without the drama": I'm not sure how pushing Jed out of the company w/ the Wells Fargo situation, and his Yoko Ono-type situation isn't drama

- "the volatiliy" [sic] false

- "the 0 consumer protection irreversibility" false

- "the POW" true

- "The cryptocurrency XRP is just a spam mechanism and an addition as a bridge currency, supposedly (but that is not necessary, the USD could play that role in the network eventually for example)..." true

- "...anybody wanting to use the ripple network can give 0 fucks about XRP and its price." false, because Ripple Labs runs 100% of the basic infrastructure, and their main business model concerns XRP appreciating in price.

In conclusion fuck your Ripple bullshit, and telling people emphatically like a douche to not focus on the tokens, when Ripple is completely about the founders enriching themselves with the tokens.
-It's distributed, I think what you mean is "100% decentralized" Apparently it's not that yet, but doesn't really matter that much. Only to bitcoiners that think that "100% decentralized" is always preferable and more efficient.
-It's not drama for people wanting to use the protocol and not XRP, for people holding XRP, yeah probably it's drama.
-There is no volatiliy because you are dealing with fiat currencies. Unless you touch XRP, but that is not necessary.
-Why false about "the irreversibiliy consumer protection?". Gateways (that can be banks) are the asset custodians, there is reversebility possible and consumer protection, in Bitcoin there is none.
-Pretty sure some RL members have said that it is possible XRP will never really rise in value. Anybody can use the protocol and build on top of it if RL disappeared tomorrow.


Dude, calm down, I don't necessary think ripple is the future of anything, I just like the direction technologies like it are going for. That's it.
I think the future of crypto will be something more similar to what ripple is doing (using the distributed ledgers/databases instead of the cryptocurrencies), if Ripple Labs and ripple implode tomorrow I don't even give a shit.

I'm just observing the crypto space.



921. Post 10963982 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: brg444 on April 02, 2015, 06:20:34 PM

https://aligncommerce.com/

How does this service work?
They don't explain it in their site.

Are they using BTC and then converting it to fiat again? Are they just using the blokchain without touching BTC?

They just say "we use the blockchain", do you have more details on how this all works?



922. Post 10964762 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: marcus_of_augustus on April 02, 2015, 09:21:52 PM
How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).

railing against human nature is a dinosaur braying against the meteors ... noone's listening to you, it is about the coins you fool, where have you been the last 5 years under a rock?

Ripple is finished because anyone can seize anyone's coins and kick them off the net for arbitrary reasons ... stupid ripple labs just shot themselves in the foot by locking up Jed's ripple coins in bitstamp and advertising to the world how broken ripple is. And the same will go with any other "blockchain" tech that has arbitrary centralised controllers, cartels, pools whatever.

The digital internet of valuable data is like nothing before, leave your past experiences and preconceived notions at the door. Where we are going there are no charts. The weird and unusual will thrive. The petty, boring, staid, inefficient, corrupt establishment old ways can be left behind.
"Last five years" I was buying bitcoin at $12 (pretty much when I opened this account) because it was a big innovation at the time, the technology was very promising, the marketcap was ridiculously small (demand supply dynamics made it possible to make it rise in value exponentially fairly quickly making bitcoin a very good bet) and it was relatively early.

Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).

You too have to calm down and take a deep breath. Quite frankly your view about "honest money" is a fairy tale to me by somebody who doesn't really understand how the world works, especially if applied to bitcoin (would be a little different if applied to gold at least...).

I'm not saying it's impossible for BTC to rise in value again (there is still a possibility that it becomes some sort of speculative monster store of value gold 2.0 kinda stuff, although I think it's unlikely), I just think that your reasons why you believe it should (replacing fiat or whatever) are mostly delusional made up stuff.



923. Post 10964908 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Norway on April 02, 2015, 09:41:26 PM
Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).
What new technologies are starting to appear?
Distributed ledgers/databases/networks that rely less and less on cryptocurrencies.

Eris industries claims to be able to use blockchains for smart contracts without a cryptotoken at all.
The ripple network doesn't rely on a cryptotoken as much as the bitcoin blockchain, the token is there but is not necessary to use it and the network is not dependent on its price.
Ethereum almost the same (Vitalik as the same views on the cryptotoken themselves)

IBM is talking about building its "adept" thing.

etc.



Simply put, today cryptotokens "are there" because that was the only security mechanism for a blockchain/consensus ledger to work that we know of. Cryptocurrencies are not really needed for themselves and they have a lot of problems that make them almost unusable as actual currencies (aside for illicit goods).

That's my view at least. I definitely don't buy into the whole story on how bitcoin is more "honest/sound money" than fiat, for an infinity of reasons.
That's just a fantasy/lie by people trying to push their investment/scheme at all cost.

Simply put, whoever thinks bitcoin will replace all fiat currencies is simply delusional.



924. Post 10964960 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

^"Money as the agenda"?


You didn't read my posts did you?
I think you missed the part where I said that I don't think cryptocurrencies themselves ("the money") are the main innovation of crypto. Whether it's bitcoin, ether, XRP, titcoin or whatever other scamcoin you can think of.

Go ahead, ignore anybody that doesn't tell you what you want to hear.




925. Post 10965432 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: marcus_of_augustus on April 02, 2015, 10:46:08 PM
Simply putTM, anybody but wandererfromthetumbleweeds is delusionalTM if you are not sharing his peyote trip worldview of a Ripple-fueled utopia ... dinosaurs are gonna dinosaur http://www.coindesk.com/bitstamp-court-1-million-dispute-ripple-jed-mccaleb/

open, permissionless platforms are the future, they will grow and thrive in every nook and cranny of your old, fetid establishment existences, doing 'stuff' you don't like and devolving power off of the undeserving and incompetent ... build your sheeple farms and shiny google feedlots for the 'unbanked' Roll Eyes
Apparently you can't read:

Quote from: Wandererfromthenorth on April 02, 2015, 06:21:21 PM
I don't necessary think ripple is the future of anything, I just like the direction technologies like it are going for. That's it.
I think the future of crypto will be something more similar to what ripple is doing (using the distributed ledgers/databases instead of the cryptocurrencies), if Ripple Labs and ripple implode tomorrow I don't even give a shit.

I'm just observing the crypto space.

My "peyote trip worldview" (whatever that means) is simply the way fiat money works today, simply improved by distributed ledger technologies.
Might not be perfect, but proposing that bitcoin or any other cryptocurrency is the miraculous solution to all problems and that it will replace fiat is a joke and shows that you are just one of the many cultists like all the other r/bitcoin manchildren.



926. Post 10965453 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: inca on April 02, 2015, 09:56:05 PM
Your view is very flawed then. Not sure why you hang around on here if you cannot even see the clear benefits of bitcoin over conventional fiat currency.
There are a lot of bitcoiners here (even some permabulls) that don't necessarily think bitcoin will replace fiat by any means.




927. Post 10968879 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

$255 is breaking but it needs more volume. I wouldn't trade against this little rise.
$275-$280 is a possibility for this pump.






Quote from: Wandererfromthenorth on April 02, 2015, 06:09:41 PM
Watch $255, if that breaks with decent volume, short term little bull run.




Asks on almost all exchanges going down for now (usually means the pump is not over), bids increasing a little but overall still very low.
So in the larger picture is still bearish IMHO .-.



928. Post 10974244 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

This guy makes good points (read the other posts also):


https://twitter.com/patio11/status/583697371378257920








929. Post 10974710 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: inca on April 03, 2015, 09:09:30 PM
Jorge, if a minig cartel ever threatened to change the rules of Bitcoin, the value would plummet as everyone jumped ship to a new coin. Why would they ever do it knowing that it would devalue their assets?
This is a nonsense answer to me. Why would they have to threat anything?

They CAN do many different detectable and undetectable manipulations, with or without violating Bitcoins rules. There is no need to change the rules.

They could manipulate: TX relaying, block relaying, not mining TX they dont like (to low fees, unwanted origin), banning of nodes, spying on users, etc.

They are free to do any of that now. But a pool that does won't see as much revenue because no one will want to point their miners there, so again there is no incentive.

Exactly. These are all completely pointless debates. No mining pool will risk upsetting their income.

A malicious 51% attack would result in immediate changes being implemented by a consensus driven by protecting bitcoin by every other player.




But what about this?

http://www.reddit.com/r/Bitcoin/comments/1qqmr4/ghashiocexio_and_doublespending_against_betcoin/

Or this?
https://www.reddit.com/r/Bitcoin/comments/239bj1/doublespending_unconfirmed_transactions_is_a_lot/


All this talk about how "miners would never attack the network because that would destroy confidence in the blockchain and they would stop making money" is kinda bogus IMHO.


If double spends happen the bitcoin community just looks the other way and pretends that never happened.

Are you sure "miners have no incentive to perform double spend attacks" if all that happens after a double spend (that doesn't seem that easy to investigate into too apparently) is some posts on reddit trying to figure out what the hell happened and bitcoiners just forgetting about it?



930. Post 10974993 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.08h):

Quote from: bassclef on April 03, 2015, 09:47:11 PM
Price goes up $20 and suddenly double spends are happening and a mining cartel takeover is imminent.

Get a life guys, or at least take it to the technical development thread where you can share your fears in a thread that's not a troll-fest. Oh wait, there's no one to feed your narcissism there. It only counts as therapy if you're paying $200 an hour you know.
People in this forum are simply discussing some of the bitcoin narratives regardless of price movements and suddenly some dude comes and calls everything "FUD" by "trolls" and takes the discussion as a personal attack.





931. Post 10976144 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Quote from: empowering on April 04, 2015, 12:49:10 AM
This guy makes good points (read the other posts also):


https://twitter.com/patio11/status/583697371378257920





Basically, bitcoiners don't know how remittances actually work.

Car manufacturers did not necessarily know how horses worked either.
You forgot to say that bitcoin is "like the internet in its early days", that blockchains cure cancer, that satoshi is the savior of mankind, that people in 2050 will sell their yachts, islands or houses for a fraction of a bitcoin, etc etc



932. Post 10976162 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Quote from: empowering on April 04, 2015, 12:57:53 AM
All this talk about how "miners would never attack the network because that would destroy confidence in the blockchain and they would stop making money" is kinda bogus IMHO.

Basically double spends already happened but the bitcoin community just looks the other way and pretends that never happened.

Are you sure "miners have no incentive to perform double spend attacks" if all that happens after a double spend (that doesn't seem that easy to investigate into too apparently) is some posts on reddit trying to figure out what the hell happened and bitcoiners just forgetting about it?

Apart from, are there more miners trying to destroy the network, or trying to facilitate it?

If the market really says that its more profitable to destroy it, then maybe that will happen....if not, then why would the attackers choose a less profitable option? if it was more profitable to support the network than decide to take it down? if attackers manage to destroy the network, then miners, will obviously shut up shop and go home, and become tulip farmers.

They would just perform double spends here and there.
If they get caught doing it (like the GHASH.io double spend on that gambling site I posted from last year) what's the problem? Bitcoiners look the other way and say "you see? nothing happened? Everything's fine"





933. Post 10976166 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Quote from: coinableS on April 04, 2015, 01:03:37 AM
This guy makes good points (read the other posts also):


https://twitter.com/patio11/status/583697371378257920





Basically, bitcoiners don't know how remittances actually work.

Car manufacturers did not necessarily know how horses worked either.
You forgot to say that bitcoin is "like the internet in its early days", that blockchains cure cancer, that satoshi is the savior of mankind, that people in 2050 will sell their yachts, islands or houses for a fraction of a bitcoin, etc etc

^^  Huh  are you lost, or getting paid? You know I really dislike justin bieber's music. Maybe I should register an account on a bieber forum and bash him all day! ... nope sorry I actually have a life that's not worth wasting.
That was a joke dude, no need to take it personally.



934. Post 10976192 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Quote from: empowering on April 04, 2015, 01:12:48 AM
All this talk about how "miners would never attack the network because that would destroy confidence in the blockchain and they would stop making money" is kinda bogus IMHO.

Basically double spends already happened but the bitcoin community just looks the other way and pretends that never happened.

Are you sure "miners have no incentive to perform double spend attacks" if all that happens after a double spend (that doesn't seem that easy to investigate into too apparently) is some posts on reddit trying to figure out what the hell happened and bitcoiners just forgetting about it?

Apart from, are there more miners trying to destroy the network, or trying to facilitate it?

If the market really says that its more profitable to destroy it, then maybe that will happen....if not, then why would the attackers choose a less profitable option? if it was more profitable to support the network than decide to take it down? if attackers manage to destroy the network, then miners, will obviously shut up shop and go home, and become tulip farmers.

They would just perform double spends here and there.
If they get caught doing it (like the GHASH.io double spend on that gambling site I posted from last year) what's the problem? Bitcoiners look the other way and say "you see? nothing happened? Everything's fine"




of course they do because charity... right?
What do you mean?



935. Post 10982664 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Quote from: JimboToronto on April 04, 2015, 05:58:31 PM
Good afternoon Bitcoinland.

Still going sideways in the $250s I see. Same old same old.
_______

Interesting thing happened to me last night. I was wearing my BTC cap onstage in one of the local bars when some young dude in the audience saw it and during our next break he approached me and struck up a conversation.

When he asked which mobile app I used, I pulled out my device to show him and he immediately scanned the QR code and gave me a 0.05btc tip.

Where I was playing that equaled almost 3 beers. Nice to see that some young people still appreciate rock&roll played on real instruments. Also nice to see Bitcoin being used in the real world.

Thanks bro.
I gotta admit that's a pretty cool story.



936. Post 10994044 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

While bearish larger picture still intact for now, watch your asses for $270-$280 (if it doesn't just dump right now).

Quote from: Wandererfromthenorth on April 03, 2015, 09:41:44 AM
$255 is breaking but it needs more volume. I wouldn't trade against this little rise.
$275-$280 is a possibility for this pump.

Asks on almost all exchanges going down for now (usually means the pump is not over), bids increasing a little but overall still very low.



937. Post 10997096 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Mmmh, just realized something here:


The major support trend lines became resistance:








mmmh



938. Post 10997133 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):




939. Post 11003992 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

If you want a very good read:

http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf



Reflects my view that distributed ledgers/consensus systems are part of the future.
Cryptocurrencies or 100% decentralized blockchains that depend on reward tokens like bitcoin, not so much  Wink



940. Post 11004032 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Quote from: inca on April 06, 2015, 10:34:22 PM
If you want a very good read:

http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf



Reflects my view that distributed ledgers/consensus systems are part of the future.
Cryptocurrencies or 100% decentralized blockchains that depend on reward tokens like bitcoin, not so much  Wink

Why you here then wanderer. Wink
Because bitcoin is a part of the process, a necessary step  Grin


No but seriously, it's a very good read  Wink



941. Post 11021423 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

Thank god we broke down, I was starting to get worried  Grin


Quote from: Wandererfromthenorth on April 06, 2015, 10:02:32 AM
Mmmh, just realized something here:


The major support trend lines became resistance:








mmmh



942. Post 11021941 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.09h):

"BLOCKCHAIN WITHOUT BITCOIN (OR TOKENS) IS NOW A THING"



http://prestonbyrne.com/2015/04/08/blockchain-without-bitcoin-is-now-a-thing/

http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf



 Cool



943. Post 11024581 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Quote from: inca on April 08, 2015, 08:10:17 PM
Perhaps we could have that list in a sticky post at the top of the speculation forum.

Alternatively, I would be happy to pay the hosting costs and register a domain if someone did the leg work setting up the forum software for an alternate site.


Oh c'mon I'm on the list,  am I a shameless troll too now? lol

 Lips sealed



944. Post 11029883 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Looks like BTC is going into "dump -> weak bounce on decreasing volume -> dump - no bounce at all - dump ..." mode




My guess is sub $200 in a few weeks and then either double bottom or new yearly lows. The latter is a lot more probable if you ask me.

Bid sum on all exchanges is insanely low now. Even more than a few months/weeks back.

Looking bad.



945. Post 11033195 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):



















https://www.youtube.com/watch?v=u3oqwk6UmQI



946. Post 11034265 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Quote from: derpinheimer on April 09, 2015, 04:20:11 PM

Where did you find that chart?

Looks scary. Coinorama.net doesn't work for me anymore
Coinsight:


http://coinsight.org/bitstamp


They don't have OKCoin tho.



947. Post 11036295 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Looks like trading on the Silbert fund on OTCX markets will start next week

They have been saying that for 3 weeks now, but okay.



948. Post 11036493 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Current Bid sum + $26M in longs at bitfinex = asking for trouble



949. Post 11036850 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Empowering, I wouldn't joke too much about it if I were you  Wink

Things are looking pretty bad for the bulls, do you have a plan B if shit hits the fan again and we go to 100s or double digits?  Wink
Serious question and not joking. We are talking pretty serious percentages here.



950. Post 11036862 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

As I wrote elsewhere (and others here already mentioned):

-Insanely Low Bid Sum on all exchanges
-Decreasing volume since January
-$26M finex longs
-Broke almost all support trend lines


+ Current price action is very weak and decreasing volume bounces in between dumps...



951. Post 11036901 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Quote from: macsga on April 09, 2015, 10:18:28 PM
It isn't so hard to understand the semantics here. No TA EVER worked for BTC in critical moments. Plus all we do is trying to eradicate our ignorance via lines and pennants. It may be a way that works on other things. BTC proved all this wrong. It does the exact opposite...
To me it always seems that TA with BTC works perfectly, a lot more than in other markets.



952. Post 11037011 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.10h):

Quote from: macsga on April 09, 2015, 10:29:20 PM
It isn't so hard to understand the semantics here. No TA EVER worked for BTC in critical moments. Plus all we do is trying to eradicate our ignorance via lines and pennants. It may be a way that works on other things. BTC proved all this wrong. It does the exact opposite...
To me it always seems that TA with BTC works perfectly, a lot more than in other markets.
It's almost scary how predictable it can be sometimes. Especially in key moments.

Following a pattern while trying to put your money where your mouth is, is not the best strategy IMHO. Maybe it works for you; but seriously don't let it turn into a habit. This is a nice read that explains thorougly why I believe so: https://bitcointalk.org/index.php?topic=372346.0

Cheers.

PS: You're out of the list too;)
Will read that thread.
Personally I find TA very valuable but I can understand that it might not be everybody's style.


PS: that's cool thanks  Grin



953. Post 11073485 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Yep let's see if we can get more volume for this potential little pennant break down.
Adding to shorts if it convincingly breaks  Grin

Might take a few more days to break in either direction tho.



954. Post 11076430 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: inca on April 13, 2015, 05:08:15 PM
Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?
But it's not just a "line on a chart that points down" though.

It's bid sum still being ridiculously low (and still decreasing, while at the end of the 2013 bear market bid sum went nuts, and price clearly followed for example), it's decreasing volume on all exchanges since January (again, after a real capitulation like in 2013, the recovery should be panic buying on progressively increasing volume for the following months), the fact that the actual volume on the $150 bottom wasn't all that amazing (on chinese exchanges they are almost a standard volume bar), the fact that overall volume measured in USD is lower than in the $300-$400 area especially on chinese exchanges, EW analysis, value of daily mined coins, short term (and also long term) support trend lines broken, recent weak price action etc.

And these are just the technicals.



955. Post 11076692 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

 Grin



956. Post 11077102 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Xiaoxiao on April 13, 2015, 06:10:55 PM
It's happening.  Longs are going to get margin called.  @ 224 right now!
The funny thing is that the majority of longs will not close anytime soon. They will close only if when it goes in the 100s or double digits. Like it happened on the downtrend before the $150 crash, the real long squeeze happened relatively near the bottom.

It's like a lot of longers don't close as price goes down and stay severly underwater for a long time until they are margin called completely. Don't know what they are thinking tbh

Ergo: real fireworks will start in a few weeks in the 100s.



957. Post 11078638 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: inca on April 13, 2015, 06:02:27 PM
Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?
But it's not just a "line on a chart that points down" though.

It's bid sum still being ridiculously low (and still decreasing, while at the end of the 2013 bear market bid sum went nuts, and price clearly followed for example), it's decreasing volume on all exchanges since January (again, after a real capitulation like in 2013, the recovery should be panic buying on progressively increasing volume), the fact that the actual volume on the $150 bottom wasn't all that amazing (on chinese exchanges they are almost a standard volume bar), the fact that overall volume measured in USD in lower than in the 300-400 area especially on chinese exchanges, EW analysis, value of daily mined coins, short term (and also long term) support trend lines broken, recent weak price action etc.

And these are just the technicals.

You seem to have a particular liking for the mythical bidsum without coming clean that the visible order books are a mirage..

I have asked you before but you ignored it.

How much fiat is sat on the exchanges or in hidden bid orders?

And yes technicals are simply 'line on a chart points down or up' however you want to dress it up!

Painting the dance between the longs and shorts as being won currently by shorts is a little silly, lots more money backing the long position, and only a little more and shorts will cover - retail is shorting bitcoin right now, whilst real whales accumulate.
I remember but I actually answered that  Tongue

Quote from: Wandererfromthenorth on March 19, 2015, 07:18:18 PM
Edit: and how do you know how much money is sat on exchanges but not on the orderbook? Point us at a post where you predicted the november 2013 bubble!
Yes money sitting on the bids is not necessarily the money sitting on the exchange, but:

1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
2: what we are interested in is how much demand changes, not necessarily in absolute terms. So changes in bid sum over time should give us a good indication of how much money in total (even if not sitting on the books) sitting on the exchange changes too.

(...)






Also:

Quote from: inca on April 13, 2015, 06:02:27 PM
Painting the dance between the longs and shorts as being won currently by shorts is a little silly, lots more money backing the long position, and only a little more and shorts will cover - retail is shorting bitcoin right now, whilst real whales accumulate.
How can you say that? "retail is short and whales accumulate longs"? <- This is just an assumption.

Longs have always been a lot more than shorts on bitfinex since forever.

Few months ago longs were at $30 million as price heavily crashed (and never went back to previous levels again), so if all those longers were basically whales ("while the reail were short"), it sounds like the whales got owned by the retail, no? Can't really rely on them whales then  Grin


No but seriously, the quantity of longs under current market conditions is just bearish, and I'm pretty sure there is a similar proportion of whales VS "retail" among both shorters and longers.



958. Post 11078706 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Gyrsur on April 13, 2015, 09:11:27 PM
here we go boys!


The line is not placed right, that trend line was clearly broken in december 2014-january 2015  Tongue




959. Post 11078714 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Gyrsur on April 13, 2015, 09:11:27 PM
here we go boys!








960. Post 11079406 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Brace yourselves, bulltraps and dead cat bounces are coming.




961. Post 11079483 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: JorgeStolfi on April 13, 2015, 10:57:42 PM
$310 M USD Cryptocoin-based Ponzi Busted in Thailand
http://www.coinbuzz.com/2015/04/13/arrests-in-ufun-crypto-currency-pyramid-scheme/

Quote
In a bust on Friday, Thai police arrested four executives on charges of operating a pyramid scheme [ called "UFun", using ] a cryptocurrency called "Utoken", and stealing over 10 billion baht (roughly US$310 million). [ ... ] UFun sold various cosmetics and supplements. The company focused on referring new customers, rather than selling the products. Customers were encouraged to invest up to $50,000 in order to receive discounts on the products. [ ... ] UFun used its own cryptocurrency called UToken to let customers purchase its products.  [ ... ] Websites promoting Utoken claim that it "will outperform Bitcoin and eventually overtake Bitcoin as the Ultimate Digital Currency".



It's crazy like everytime these ponzi operators find so many idiots with money.



962. Post 11085437 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: adamstgBit on April 14, 2015, 02:28:23 PM
220 was predicted to be the point of no return for a long squeeze, here we are, longs are down a bit but no squeeze, but there doesn't seem to be much buying pressure, sure theres a fair amount of buying, but no one is willing to buy it UP, and why should they.. its not like price is gana pop over 300 and never look back anytime soon...

what goes down keeps going down... FOREVER!

It's normal, don't worry  Grin


Quote from: Wandererfromthenorth on April 13, 2015, 06:45:59 PM
It's happening.  Longs are going to get margin called.  @ 224 right now!
The funny thing is that the majority of longs will not close anytime soon. They will close only if when it goes in the 100s or double digits. Like it happened on the downtrend before the $150 crash, the real long squeeze happened relatively near the bottom.

It's like a lot of longers don't close as price goes down and stay severly underwater for a long time until they are margin called completely. Don't know what they are thinking tbh

Ergo: real fireworks will start in a few weeks in the 100s.



963. Post 11086275 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: adamstgBit on April 14, 2015, 04:01:57 PM
LOL poeple actually believe the squeeze will send price <100, oh boy you poeple are nutty.
No.








































Price will naturally go sub 100, then the real long squeeze will start  Grin Grin Grin



964. Post 11086413 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Plunge didn't come, so let there be bulltrap Grin



965. Post 11086692 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

lol Bitstamp



966. Post 11086728 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Gyrsur on April 14, 2015, 04:56:30 PM
lol Bitstamp

LOL Wandererfromthenorth
I wasn't talking about your chart, I was talking about this:

https://bitcoinwisdom.com/markets/bitstamp/btcusd



967. Post 11087778 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Natalia_AnatolioPAMM on April 14, 2015, 06:34:05 PM
and that's not the end of deep falling  Sad
I'ts just getting started. This is a warm up  Wink

Bounces along the way are possible, but I wouldn't trade them/count on them.



968. Post 11134322 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Quote from: paul2000 on April 19, 2015, 01:23:33 PM
I can't wait for IBM's Bitcoin killer. Bullish!

Isn't this only for blockchain technology? I tought it wasn't related to currency.

They recently did a proof of concept for Internet of Things devices: https://youtu.be/U1XOPIqyP7A

What I don't get: How will be their "blockchain" secured? (without decentralised miners)
http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf

http://prestonbyrne.com/2015/04/08/blockchain-without-bitcoin-is-now-a-thing/



969. Post 11138827 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Huobi wants to break down.




970. Post 11177832 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Quote from: BrewCrewFan on April 23, 2015, 09:46:16 PM
OMG really people?  

To think that someone all of a sudden , being and early bird, would decide to offload all those coins right now is comical.

Plus any moron with half a brain knows that people are always watching, why create panic?


That's what the Bitstamp "Bearwhale" did on october for around $10M worth of BTC sold at $300. A pretty good deal if you ask me (since he didn't sell before).

Say you hold a $10 million in BTC that you haven't touched for two years while you see price going down for more than a year and it doesn't seem to recover.
Eventually the thought of seeing your small fortune vanish is too much and you decide that enough is enough.




Not saying that those days destroyed are somebody who wants to insta-dump everything tomorrow. Just saying that early HODLERS starting to run out of patience now is perfectly understandable, possible and even rational (better to secure some profits regardless of what happens after even if a little late than be left with almost nothing if the descent continues or something really bad happens).



971. Post 11185737 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Quote from: empowering on April 24, 2015, 05:18:51 PM
(ps Just off to dig up some gold,  and find a vault to stash it in, I will e-mail you some gold for.your efforts though Jorge, what email address can I send this gold to)
Well technically you can "email him" some gold. You could send him gold IOUs using ripple. And yes you can send him that via e-mail (if you use GateHub, a Bitstamp related gateway) without him having to open an account before. If you do that you can effectively send him "gold via e-mail".  Tongue

It's pretty cool.



972. Post 11205855 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):




 Grin



973. Post 11211345 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Looks like somebody hacked a BTC-E account that only had fiat in it, so the hackers had to buy BTC to withdraw them.

That's the only explanation I can find for that random BTC-E pump that no other exchange followed/is following, lol



974. Post 11211453 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Fatman3001 on April 27, 2015, 01:48:45 PM
Looks like somebody hacked a BTC-E account that only had fiat in it, so the hackers had to buy BTC to withdraw them.

That's the only explanation I can find for that BTC-E pump that no other exchange followed/is following, lol
Yeah, that must be it. How's that Super Crash of yours going?

You know, if nobody believes it will crash beyond 140-150 you won't get a crash to 140-150.
?



975. Post 11211568 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Fatman3001 on April 27, 2015, 01:59:02 PM
Looks like somebody hacked a BTC-E account that only had fiat in it, so the hackers had to buy BTC to withdraw them.

That's the only explanation I can find for that BTC-E pump that no other exchange followed/is following, lol
Yeah, that must be it. How's that Super Crash of yours going?

You know, if nobody believes it will crash beyond 140-150 you won't get a crash to 140-150.
?
I thought so
Ok, a serious answer:

1. There are several traders in this forum who think it's very likely that price will break current lows. Look around, I'm sure you'll find them.
2. There is a reason why people say "go against the crowd". One of the reasons it might break current lows IS because a lot of permabulls don't think it will go there. Same thing as when we were at $600, $500, $400, $300 etc.
3. The "Super Crash" is unfolding. It should increase in pace in a few days/weeks. At least that's my opinion on the market. I might be wrong of course.
4. Why are you getting defensive?



976. Post 11211774 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

Price flat and no reason to break out. Then suddenly BTC-E (which is usually below any other market, is very illiquid and never leads price) starts going nuts and starts paying a 5% premium over other exchanges (so they timidly start to follow, very confused)


Organic growth or hacked account?



977. Post 11212072 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.12h):

That's some weird stuff going on at BTC-E





978. Post 11216152 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

lol BTC-E getting goxxed.


If you have funds on that shitty exchange GTFO now.



979. Post 11216161 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: publicjud on April 27, 2015, 09:33:10 PM
If you were a large investor looking to trick the market I guess buying on BTC-e much like today will net you a lot of cheap coins on the other exchange for people who think BTC-e is going under.
That doesn't even look like a pump attempt.

It just looks like people that have money there want to get the hell out of the exchange like there is no tomorrow.



980. Post 11216262 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: LFC_Bitcoin on April 27, 2015, 09:43:19 PM
BIT going live tomorrow?
COIN ETF imminent approval?
Bitlicense being announced?
BTC-E getting goxxed/hacked



981. Post 11216314 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: itod on April 27, 2015, 09:46:41 PM
Whose got fat fingers over at finex?

WTF?

Those are arbitrage bots kicking in, not fat fingers. There's an arbitrage opportunity and they kick in with vengeance.
"arbitrage" by buying coins at a ridiculous premium?



982. Post 11216670 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

The fuckery with BTC-E is too strong, I'll wait it out a little bit, but if it goes higher I'll short the hell out of it  Grin



983. Post 11216821 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Bulls getting overconfident and calling moon, good, good...
















 Grin



984. Post 11219699 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Ok in the end I couldn't resist and I shorted more last night
Thank you BTC-E shenanigans for replenishing my shorts  Grin


Now partially closing to have a higher base, keeping the rest.



985. Post 11221558 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Pepper your...



986. Post 11222197 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: billyjoeallen on April 28, 2015, 12:31:33 PM

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.



no, stupid fuck.

your buying power will be the same, you will just buy more coins.

My ability to buy coinz will increase, even if the amount of fiat I have to spend remains constant. I'm pretty sure you'll run out of coinz to sell before I run out of fiat, unless I get fired I suppose.
Chinese megaminers have plenty of coins to dump, don't worry about that  Grin



987. Post 11222282 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on April 28, 2015, 01:07:39 PM

If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.



no, stupid fuck.

your buying power will be the same, you will just buy more coins.

My ability to buy coinz will increase, even if the amount of fiat I have to spend remains constant. I'm pretty sure you'll run out of coinz to sell before I run out of fiat, unless I get fired I suppose.
Chinese megaminers have plenty of coins to dump, don't worry about that  Grin

Yes, cause that's what miners want to do: Destroy the value of Bitcoin.
No, that's simply getting paid for their investment.
They know they have a monopoly on mining (cheap electricity and all), no matter how low price goes, they will not be the ones to be squeezed out.
If the quantity of coins they mine every month (in fiat worth, depending on the price of course) is of gigantic quantities compared to the little money left on exchanges to buy them, the only result is dumps.

Some chinese megaminers are just running a business for profit.



988. Post 11222771 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Tzupy on April 28, 2015, 02:00:37 PM
You know what I wonder: with all these guys with all this money at stake, you'd think they would pay some anti-NLC types to defend the reputation of their investment. Why aren't there more everything is rainbows trolls?

There are still plenty of permabulls starting the moontalk every minor uptrend.
If you want to see a possibly paid "anti-NLC" I suggest to look at this guy posting his "technical analysis" on tradingview:
https://www.tradingview.com/u/user100000/
That guy

lol


Every single chart he posted is a "LONG" one...
That's what you call a permabull I guess  Shocked



989. Post 11223161 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):
























990. Post 11223436 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: hdbuck on April 28, 2015, 03:03:48 PM

I think a lot of you forget that $220 or so is mining cost for a lot of operations.


says who?


ps: @Wandererfromthenorth awesome Uranus meme! Grin
Grin



991. Post 11223531 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Wings1987 on April 28, 2015, 02:56:56 PM
Dump failed

Starting to think $220 is to bears what $300 was to bulls

Kind of surprised

I think a lot of you forget that $220 or so is mining cost for a lot of operations. It would be surprising to me if we went lower for a long period of time. If you truly believe that is the case you should not be invested. Everyone remember how much hash rate dropped off the network in the Jan 15 drop to $166? If we had stayed at those levels and the hash stayed shut down there would have been major network problems for weeks. Block times/transaction times would have been a disaster. Watch the media coverage if that happens. It will not be good for anyone. Bear or Bull.

And before anyone argues that the Chinese miners have costs lower than that. ASIC development and deployment has slowed to a crawl compared to most of last year. If there really was money to be made in China wouldn't we be seeing huge farms coming online? It wouldn't take much to push the rest of the world out of mining if that were the case.
Frankly I have heard everything regarding mining costs.
Some people were saying that it was at around $400 last year, with miners like David Pate (https://twitter.com/davidpate8) saying they were underwater at around $300-$400 already. Difficulty only increased since then...


I have heard Tim Swanson say that BitFury currently has a mining cost of basically $180 BTC, the best performing western miners I guess (the others have been squeezed out while only the biggest chinese pools remained).

Overall claims such as "price cannot go below X because that's the mining cost" makes no sense tbh IMHO.


I'm no expert in this so if somebody has better info feel free to chime in.



992. Post 11225402 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

By the way, don't expect any major move before the 7th-11th May, we are very probably gonna stay in the $210-$230 area until then.
THEN the big move either up or down.

Everything seems to paint a scary bearish picture so yeah, the real start of the next crash is a lot more probable than a breakout.



993. Post 11225648 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Norway on April 28, 2015, 06:14:37 PM
By the way, don't expect any major move before the 7th-11th May, we are gonna stay in the $210-$225 area until then.
THEN the big move either up or down.

Everything seems to paint a scary bearish picture so yeah, the real start of the next crash is a lot more probable than a breakout.

Why those dates? (Don't tell me because lines on a history chart).
I already timed the BTC markets in the past, nothing fancy or complicated to do. Others have done it too several times.
The BTC markets can be more predictable than most people think.


The start of the crash to $150:

Quote from: Wandererfromthenorth on January 03, 2015, 12:27:06 PM
I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.


Timing the BTC markets is easy as fuck  Cheesy


Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.



You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.







The 2014 megapump from $450 to $680 was very easy to time with precision of days too. Too lazy to search that old post tho.



994. Post 11225892 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Norway on April 28, 2015, 06:52:37 PM
So... your analysis is based on historical trades, right?
What do you mean "historical trades"?

It's based on very basic TA.



995. Post 11226007 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Norway on April 28, 2015, 06:59:35 PM
So... your analysis is based on historical trades, right?
What do you mean "historical trades"?

It's based on very basic TA.

By historical trades, I mean trades that happened previous in time. Before "now".
And you know basic TA wouldn't work because it would be exploited against the "Basic TA"-people.
Ok, then yes, TA is based on historical trades, that's what TA is of course, but I don't understand your point.



996. Post 11226390 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Norway on April 28, 2015, 06:50:31 PM
@ Jorge!

I'm in a good mood now, and I am rethinking my views about you. I tend to switch you on/off ignore on a regular basis. Last time I turned you off ignore, was because you provided a link to a bitcointalk thread regarding the process of selling bitcoin on GBTC at reddit.

You certainly scan the forums and look for details. And you can certainly not do this while teaching students / work on a funded science project at the same time.

I now have 2 theories for your motivation:


1. (My old theory) You work at the troll factory. Goldman Sachs or somebody else pay you via a middle man to troll bitcoin forums.

2. You are actually a heavy invested hodler. But because of life experience (not academic experience), you look constantly for the reason for your investments to go to hell. You play your own devils advocate. Bitcoin going to the moon is just too good to be true, right? I respect 100% that you don't talk about your holdings. Being your own bank, means bank security in your home. And it's hard to achive today.



The rest of you: Is it theory 1 or 2? (Or your own)
3. A computer science professor who is interested in the bitcoin phenomenon simply as a spectator, and considering that  interesting/fascinating/worth some lols stuff happens in bitcoin world on a daily basis, I'd say that's all the motivation one needs.

He simply looks at everything bitcoin related without bias, as opposed to the permabulls which are trying to push their investment at all cost (without critical thinking).
Most of the time he talks about facts that permabulls don't like to hear, that's why they attack him.



There you go  Grin



997. Post 11238667 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

http://www.ofnumbers.com/wp-content/uploads/2015/01/Slicing-data.pdf



998. Post 11241729 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Well technically that's a breakout. I'm still skeptic of a sustanable uptrend (all bearish arguments are still there) but at least for the short term it's not a good idea to go against that...



999. Post 11241925 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Norway on April 30, 2015, 08:45:45 AM
Well technically that's a breakout. I'm still skeptic of a sustanable uptrend (all bearish arguments are still there) but at least for the short term it's not a good idea to go against that...

You don't read or understand the news?  Grin
News don't move the BTC price, not the ones you are probably referring to anyway.



1000. Post 11242335 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: publicjud on April 30, 2015, 10:09:58 AM
WTF tarmi, why haven't you shorted this back to $225 yet?

Curious absence of bears. Glad I went long this am.


this is going sub 200 guaranteed.  bahha.

yea, where are those guys?
Right here.


It is very probably gonna go sub $200, but first, let there be pump.



1001. Post 11242371 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: LFC_Bitcoin on April 30, 2015, 10:17:22 AM
Where are those double digit coins tarmi promised us?
In a few months (or maybe even weeks) in the future, that's where  Grin



1002. Post 11242487 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: inca on April 30, 2015, 10:23:04 AM
Where are those double digit coins tarmi promised us?
In a few months (or maybe even weeks) in the future, that's where  Grin

You keep trotting out bidsum charts like it matters a jot when we are heading for 1 billion USD VC capital investment this year.

If you can't see the price being suppressed with short selling and regular manipulative market sells since 680 last year, can't see that it has been about a secobd chance for the bigboys to accumulate coins, then I can't help you Wink
The amounts in shorts on bitfinex and other exchanges is too low to account for the one year downtrend. It's peanuts.

VC money doesn't matter that much, it doesn't have a direct impact on price. Think about the value of all the mined coins in the same year (increase in supply by more than 10%), and THAT has a direct impact on price Grin


I'm just trying to form my opinion on market without bias based on TA, don't worry if BTC is bound to actually reverse up I'll be long on it  Wink




1003. Post 11274705 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

The way I see it: some banks are starting to invest in bitcoin companies (but not bitcoin the currency itself) simply because they suspect that something will come out of this whole crypto thing. It doesn't have to be bitcoin the currency itself, it doesn't have to be a "coin", maybe a payment network, maybe another technology, a distributed ledger system, who knows.

As Boston Fed Researchers and Bank of England explained a few months ago, a lot of these investments in bitcoin related companies are done because "even if bitcoin is unlikely to succeed, it will spur innovation".

You need to consider something here:
1. It's not true that bitcoin (a token) and the underlying technology (a distributed ledger) are inseparable. As the Tim Swanson report showed (http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf).
2. The pioneers are almost never the settlers. Facebook was not the first social network. Google was not the first search engine., etc.
What I'm saying is not that bitcoin will be replaced by a random existing shitcoin (those are pretty much all pump&dumps). My point is that you shouldn't take for granted that bitcoin => moon because some aspects of the underlying technology can be useful, because some people tell you that blockchain and bitcoin are inseparable, or because some banks are currently starting to invest in bitcoin companies.

Everything is possible of course, just don't take it for granted.








1004. Post 11274869 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 03, 2015, 07:33:27 PM
The way I see it: some banks are starting to invest in bitcoin companies (but not bitcoin the currency itself) simply because they suspect that something will come out of this whole crypto thing. It doesn't have to be bitcoin the currency itself, it doesn't have to be a "coin", maybe a payment network, maybe another technology, a distributed ledger system, who knows.

As Boston Fed Researchers and Bank of England explained a few months ago, a lot of these investments in bitcoin related companies are done because "even if bitcoin is unlikely to succeed, it will spur innovation".

You need to consider something here:
1. It's not true that bitcoin (a token) and the underlying technology (a distributed ledger) are inseparable. As the Tim Swanson report showed (http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf).
2. The pioneers are almost never the settlers. Facebook was not the first social network. Google was not the first search engine., etc.
What I'm saying is not that bitcoin will be replaced by a random existing shitcoin (those are pretty much all pump&dumps). My point is that you shouldn't take for granted that bitcoin => moon because some aspects of the underlying technology can be useful, because some people tell you that blockchain and bitcoin are inseparable, or because some banks are currently starting to invest in bitcoin companies.

Everything is possible of course, just don't take it for granted.


Do you have a quote of what you are referring to? Or at least a chapter or a page to back up your statement?
The Tim Swanson report I linked talks about it extensively.

Be careful tho I said that distibuted ledger technology and a reward token are not inseparable. Because technically yes the bitcoin blockchain needs bitcoin as a reward token, the network is dependent on its price etc.




1005. Post 11284004 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.14h):

http://organofcorti.blogspot.ch/2015/05/may-3rd-2015-network-statistics.html



1006. Post 11291363 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.14h):

Quote from: LFC_Bitcoin on May 05, 2015, 01:29:58 PM
Not this shit again...

fucking loser needs a ban seriously



Thought you two were bear power together?
We are talking about the newbie account who posted the granny porn pics, he deleted them now (or the mods did).



1007. Post 11302556 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.14h):

dump alert



1008. Post 11306491 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.14h):

Quote from: shmadz on May 06, 2015, 11:21:59 PM
Just to clarify for anyone who is still unsure of where we are in the grand cycle...



Enjoy the next 6-10 months of sideways everyone  Cool
So you are telling me that since bitcoin went from a few millions marketcap to a few billions marketcap, it means hundread of billions of even trillions is next?

Any penny stock pump and dump looks like that. Some bubble up again, some don't.



Saying that "bitcoin history will repeat itself" is BIAS. Bias gets people killed.


Not saying it won't happen, just saying that blindly buying and hoping is not a good strategy. Exactly as when it was at $2 or $10, the best strategy was to form an opinion on the market and buy/sell accordingly.



1009. Post 11314107 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.14h):




1010. Post 11350886 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.14h):

Better to wait for the end of the mid-range choppiness and then pepper thy angus for the upcoming crash


ᕦ( ͡° ͜ʖ ͡°)ᕤ




 Grin








or be ready to go long if the log resistance trend line from the ATH gets breached.



1011. Post 11359199 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Cconvert2G36 on May 12, 2015, 08:48:20 PM
If anyone else is bored sick of this chart doing its best impression of hardwood lumber...

I found this the other night, great read. Also serves as a nice inoculation against flirting around with the altcoin markets.

https://bitcointalk.org/index.php?topic=1032166.msg11314634#msg11314634



1012. Post 11364545 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

triangle on the 30m will close today or tomorrow, look for a breakout/breakdown of that and buy/dump accordingly.



1013. Post 11365284 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: billyjoeallen on May 13, 2015, 02:08:54 PM
Has anyone stopped to consider that the dollar index is down for two months in a row? What this means is that bitcoin is already in a clear bull market (significantly above the 200 day moving average) in almost every fiat currency other than the USD and currencies that are pegged to the dollar.

Just in case you are wondering why there has been no correction for weeks.

It is far to soon to correlate USD and bitcoin to any meaningful degree. Volume is so low globally we can clearly see individual traders footprints..



We don't know that. It could have already started. Correlation is only clear after the fact. What we do know is that, all things being equal, it should correlate at some point.



1014. Post 11368058 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

This move should be big.

If it breaks down, go all in short. If it break up, go all in long Grin Grin




Hopefully in a few hours we have the verdict (if not we'll have to wait until tomorrow, booooring)  Grin



1015. Post 11369114 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

And there you have it, the big move.



Quote from: Wandererfromthenorth on May 13, 2015, 07:33:56 PM
This move should be big.

If it breaks down, go all in short. If it break up, go all in long Grin Grin




Hopefully in a few hours we have the verdict (if not we'll have to wait until tomorrow, booooring)  Grin



1016. Post 11369168 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

There could be a big bounce here tho, be careful


If there is none...



1017. Post 11369215 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

China broke trend line support:






1018. Post 11369741 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Took profits before on short.

For all I know we are still in boring mid-range consolidation and this bounces back again.

Don't feel like staying up all night for this shit at this point lol


Will see what happens in a few days/weeks.








1019. Post 11369744 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: BlindMayorBitcorn on May 13, 2015, 11:15:11 PM
Someone hasn't been paying attention: toasters mining Bitcoinz!! Bullish. Guise??
Laaaaaaame


Shitcoins scammers already thought of that last year  Grin



https://www.youtube.com/watch?v=_oX_OSq4v0M#t=15m41s





 Grin



1020. Post 11372612 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Dump3er on May 14, 2015, 08:48:21 AM
Huge market sells = manipulation, huge market buys = legit rally mode.

High volume pushing price down = so many coins to push the price 5,00$ down, that's bullish!
High volume pumping the price up = such demand, that's bullish!

Furthermore there only exists accumulation, have you ever seen any distribution with Bitcoin?!

*sigh*
You forgot:

A shit lot of longs are opened = whales are accumulating, bullish!
A few shorts are opened = squeeze incoming!!! These coins have to be bought back! Bullish!


 Cheesy



1021. Post 11374771 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

On BitMex you can trade bitcoin's volatility, you trade an index of volatility without having to guess which way it goes. Good thing if you can time the market but you don't wanna bother waiting for the actual moves/guess which way it will go beforehand.
It went from 1.5 to 3 on last night's dump.



Sounds fun, I need to get into that shit.



1022. Post 11375239 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):




1023. Post 11375794 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Usually BTC ATMs have 10% fees.
No joke.



1024. Post 11376609 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Finex back up.



1025. Post 11376730 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

ASIC toasters







1026. Post 11377212 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):




1027. Post 11378189 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Dump time already?



1028. Post 11378410 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):





mmmh



1029. Post 11378557 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Make it or break it moment there.



1030. Post 11378764 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

https://www.youtube.com/watch?v=pKDtQtgDxlE



1031. Post 11385475 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Stevenirving on May 15, 2015, 04:39:25 PM
Good morning Bitcoinland.

Still under $240 I see, and going sideways.

Could we just have a nice price rise to chase the socktrolls back under the rock from which they they crawled?

They're particularly disgusting this morning.

Count me as one in favor of re-instituting newbie jail, but with an increased duration. 30 days night be sufficient.
Seconded.

Can we make a petition?

Im shorting here. I think we will drop to 233 before we make our claim back into the 240s

You shorting for 4$ profit? That is brave Cheesy
Every penny counts.  I have 30 btc on the short. So 4$ is 120$ profit.
Loving that margin from BFX

Wish okcoin would allow US members. 20 to 1 would make me a wealthy man or broke in a minute
Actually it does.

Just send coins there and you can trade them for USD and play futures with 10X and 20X leverage. Not that you wanna do that, but... you can.

You only have to tell them your ID number or something when you sign up. No ID scans or anything else. Other than that it's pretty fast and straightforward.



My advice is to avoid OKCOin leverage unless you really know what you are doing. 3X leverage on bitfinex is more than enough.



1032. Post 11385568 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Oh and if you are feeling kamikaze-level brave, chinese exchange 796 (https://796.com/) offers 50X leverage.

Margin call with a $3 move, lmao. Good luck with that.






1033. Post 11385664 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Stevenirving on May 15, 2015, 05:12:07 PM
Good morning Bitcoinland.

Still under $240 I see, and going sideways.

Could we just have a nice price rise to chase the socktrolls back under the rock from which they they crawled?

They're particularly disgusting this morning.

Count me as one in favor of re-instituting newbie jail, but with an increased duration. 30 days night be sufficient.
Seconded.

Can we make a petition?

Im shorting here. I think we will drop to 233 before we make our claim back into the 240s

You shorting for 4$ profit? That is brave Cheesy
Every penny counts.  I have 30 btc on the short. So 4$ is 120$ profit.
Loving that margin from BFX

Wish okcoin would allow US members. 20 to 1 would make me a wealthy man or broke in a minute
Actually it does.

Just send coins there and you can trade them for USD and play futures with 10X and 20X leverage. Not that you wanna do that, but... you can.

You only have to tell them your ID number or something when you sign up. No ID scans or anything else. Other than that it's pretty fast and straightforward.



My advice is to avoid OKCoin leverage unless you really know what you are doing. 3X leverage on bitfinex is more than enough.
Are you sure?
Its says this on my account:
"To comply with legislation, users in the US may not pass level 2 verification."
So they don't really have any of my information...
Trading all of my money would be scary. What if my account gets frozen for verification?
Then I couldn't do it and would be out.
Are you a US trader on okcoin?

Right now I don't have funds there, and I'm not from the US, but Level 2 verification is only if you need to withdraw USD. To move funds in and out of OKCoin using BTC you only need level 1 verification, which is just telling them your ID number. With level 1 verification you can trade all you want.


It's like bitfinex, to trade you only need to open an account, no verification required.



1034. Post 11387907 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Dump incoming?

https://twitter.com/factomproject/status/599243489008685056


lol



1035. Post 11387996 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: BayAreaCoins on May 15, 2015, 09:56:37 PM

There was a 1,100 sell wall on Coinbase just a minute ago that got bought
Where do you see that?

I don't see it here http://coinsight.org/coinbase, and on bitcoinwisdom it doesn't show trades/volume.



1036. Post 11388057 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

^^^

Thanks.


Quote from: HI-TEC99 on May 15, 2015, 10:12:05 PM

It says

Over 4M Factoids sold for 2200 BTC. A massive THANK YOU to all @factomproject supporters. #bitcoin #fintech #startup

What on earth are Factoids, and don't tell me people have brought into another IPO? Can we expect those 2200 BTC to be dumped? Haven't the devs at least agreed to hold the IPO money for a while?
Yes it's another IPO.

The guys at Factom thought it was a good idea to create a pump&dump shitcoin called "factoid" and make a crowdsale out of it.

People bought 2200 BTC worth of the stuff.


It's likely those BTC are gonna be dumped, at least that's what the Ethereum devs did with their pre-sale few months back:

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2
https://blockchain.info/charts/balance?address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

I remember a document from them saying something like "we will proceed to hedge against bitcoin's volatility (AKA dump)" or something like that. Can't find it tho.



1037. Post 11395015 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Pepper it



1038. Post 11396864 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Damn, this chart by flibbr 12 months ago has proven itself pretty spot on so far, almost scary  Tongue

Click on "play".


https://www.tradingview.com/chart/BTCUSD/sT0uAq6V-Bitcoin-heading-back-to-support-at-around-4/


Ok maybe the actual target is a little low, but that accuracy tho.



1039. Post 11403832 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Volume completely dried up on chinese exchanges too, usually they have decent volume even in sideways/consolidations.
Pretty crazy.

Go to the 1 day chart and see for yourself:

https://bitcoinwisdom.com/markets/okcoin/btccny
https://bitcoinwisdom.com/markets/btcchina/btccny
https://bitcoinwisdom.com/markets/huobi/btccny



1040. Post 11405292 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Looks like Chian is gearing up for a dump


Hopefully we get out of this sideways



1041. Post 11405311 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Crash in 3... 2... 1...



Edit: too early. boring sideways again? noooo
Next move in two days maximum then



1042. Post 11405391 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):






1043. Post 11405439 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Wake me up when the sideways ends






1044. Post 11409735 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Still sideways:






1045. Post 11411592 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: WeltMaster on May 18, 2015, 04:26:14 PM


Huh






 Grin Grin Grin



/troll



1046. Post 11415218 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

the bounce

https://vine.co/v/eZXHe1KpwrI



1047. Post 11422545 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: JimboToronto on May 19, 2015, 06:04:31 PM
The market has a way of sorting this kind of thing out. One bad short on leverage can wipe you out completely.

There's investing and there's gambling.

Acquiring an asset for its potential value or divesting yourself of it to put your money elsewhere is investing.

Going long or short on borrowed money is gambling.
Not if you have a plan/strategy, basic understanding of price structure, if you put stops, if you don't go all in, etc.


Another way to look at it: traders (whether on margin or not) have a strategy, a plan, and they execute it. The hodlers are holding a very risky asset all throughout brutal bear markets and crashes, an asset that has no guarantee to go up long term ever again.

If that's their style, no problem, it's their choice.
The fucked up part is inviting others to do the same, with the disasters we all know about as a consequence.

Hodler = bias
Trader = no bias

The former is the one gambling, not the latter  Wink


By the way, speculators/traders are the ones providing liquidity on exchanges (without them BTC would not have a price and would be useless)  for the most part, or do you actually think that the bid/ask side on exchanges is from permabulls on r/bitcoin?



1048. Post 11430830 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Trading BitMex volatility index is amazing as an idea but there is no liquidity/volume there, for now. Too bad.



1049. Post 11432203 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: shmadz on May 20, 2015, 04:49:17 PM
I think we are seeing distribution equilibrium. I suspect the price could remain in this rough range, 180 - 300 for at least the rest of this year.

 Undecided
Naaah








 Grin



1050. Post 11440982 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Some might think that price is gonna stay in a long period of consolidation/sideways like it happened in 2012, but the sudden drastic decrease in volume lately suggests that a big move is coming IMHO. It should be imminent. I'm gonna monitor the trend lines I posted a few days ago and I will long the breakout/short the breakdown.


Arguments for down: decreasing volume since january bottom (trend reversals should have increasing volume and enormous prolonged buying pressure), decreasing and low bid sum (especially considering daily inflation), overall bearish price structure since the $150 bottom, if this bear market behaves like the 2011 one the bubble should deflate almost completely to reach $60-$80 in a few months (which would be the same percentage of retracement of the $32 to 2$ bubble), long on bitfinex still atrociously high, the long term support trend lines are being already slowly tested and breached while the resistance ones are barely touched, EW theory counts (ask the EW guys, I do't know much about EW).

Arguments for up: Overall slight seller exhaustion lately, the drops don't have much follow through in this choppiness, signs of accumulation (although we might have already passed or be in distribution already), increased confidence because of good news (nasdaq experimenting with the blockchain and all that shit) lately.


I think the bearish arguments are stronger and technicals are more important than news, but wait for confirmation and a definitive break with volume in either direction.
If despite the decreased volume and signs of a big move coming we just stay sideways, that would be boring AF lol
In that case I'm gonna forget about BTC for a few months and get involved again only when another breakout/breakdown no brainer setup appears.



My 2 satoshis.



1051. Post 11441134 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Norway on May 21, 2015, 03:19:20 PM
Some might think that price is gonna stay in a long period of consolidation/sideways like it happened in 2012, but the sudden drastic decrease in volume lately suggests that a big move is coming IMHO. It should be imminent. I'm gonna monitor the trend lines I posted a few days ago and I will long the breakout/short the breakdown.


Arguments for down: decreasing volume since january bottom (trend reversals should have increasing volume and enormous prolonged buying pressure), decreasing and low bid sum (especially considering daily inflation), overall bearish price structure since the $150 bottom, if this bear market behaves like the 2011 one the bubble should deflate almost completely to reach $60-$80 in a few months (which would be the same percentage of retracement of the $32 to 2$ bubble), BTC swaps still atrociously high, the long term support trend lines are being already slowly tested and breached while the resistance ones are barely touched, EW theory counts (ask the EW guys, I do't know much about EW).

Arguments for up: Overall slight seller exhaustion lately, the drops don't have much follow through in this choppiness, signs of accumulation (although we might have already passed or be in distribution already), increased confidence because of good news (nasdaq experimenting with the blockchain and all that shit) lately.


I think the bearish arguments are stronger and technicals are more important than news, but wait for confirmation and a definitive break with volume in either direction.
If despite the decreased volume and signs of a big move coming we just stay sideways, that would be boring AF lol
In that case I'm gonna forget about BTC for a few months and get involved again only when another breakout/breakdown no brainer setup appears.



My 2 satoshis.

So it's going up, down or sideways? Wow, that TA shit is powerful!  Wink
If price breaks the resistance trend lines you go long, if you break the support trend lines you go short, if volume confirms a move in either direction. You wait for confirmation and you follow the trend that just established.

What is it that you don't understand?


TA is not something that tells you if price is going up or down at any random point in the chart. Most of the time it allows you to time the market and give you setups. "If price goes to target X, do this, if it goes to target Y, do that". "If it behaves in that way at a specific target, do X, if it behaves differently, do Y".
etc



1052. Post 11441240 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Norway on May 21, 2015, 03:32:28 PM
Some might think that price is gonna stay in a long period of consolidation/sideways like it happened in 2012, but the sudden drastic decrease in volume lately suggests that a big move is coming IMHO. It should be imminent. I'm gonna monitor the trend lines I posted a few days ago and I will long the breakout/short the breakdown.


Arguments for down: decreasing volume since january bottom (trend reversals should have increasing volume and enormous prolonged buying pressure), decreasing and low bid sum (especially considering daily inflation), overall bearish price structure since the $150 bottom, if this bear market behaves like the 2011 one the bubble should deflate almost completely to reach $60-$80 in a few months (which would be the same percentage of retracement of the $32 to 2$ bubble), BTC swaps still atrociously high, the long term support trend lines are being already slowly tested and breached while the resistance ones are barely touched, EW theory counts (ask the EW guys, I do't know much about EW).

Arguments for up: Overall slight seller exhaustion lately, the drops don't have much follow through in this choppiness, signs of accumulation (although we might have already passed or be in distribution already), increased confidence because of good news (nasdaq experimenting with the blockchain and all that shit) lately.


I think the bearish arguments are stronger and technicals are more important than news, but wait for confirmation and a definitive break with volume in either direction.
If despite the decreased volume and signs of a big move coming we just stay sideways, that would be boring AF lol
In that case I'm gonna forget about BTC for a few months and get involved again only when another breakout/breakdown no brainer setup appears.



My 2 satoshis.

So it's going up, down or sideways? Wow, that TA shit is powerful!  Wink
If price breaks the resistance trend lines you go long, if you break the support trend lines you go short, if volume confirms a move in either direction. You wait for confirmation and you follow the trend that just established.

What is it that you don't understand?


TA is not something that tells you if price is going up or down at any random point in the chart. Most of the time it allows you to time the market and give you setups. "If price goes to target X, do this, if it goes to target Y, do that". "If it behaves in that way at a specific target, do X, if it behaves differently, do Y".
etc

Don't worry. If you prefer to drive your car looking in the rear mirror, it's ok with me Wink
Ok, so what do you use to know when to buy, hold or sell?

News/fundamentals? Would have worked out great in 2014...
Losing 80% of value in one year. Who needs TA right?



1053. Post 11442575 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: YourMother on May 21, 2015, 05:09:00 PM
Some might think that price is gonna stay in a long period of consolidation/sideways like it happened in 2012, but the sudden drastic decrease in volume lately suggests that a big move is coming IMHO. It should be imminent. I'm gonna monitor the trend lines I posted a few days ago and I will long the breakout/short the breakdown.


Arguments for down: decreasing volume since january bottom (trend reversals should have increasing volume and enormous prolonged buying pressure), decreasing and low bid sum (especially considering daily inflation), overall bearish price structure since the $150 bottom, if this bear market behaves like the 2011 one the bubble should deflate almost completely to reach $60-$80 in a few months (which would be the same percentage of retracement of the $32 to 2$ bubble), BTC swaps still atrociously high, the long term support trend lines are being already slowly tested and breached while the resistance ones are barely touched, EW theory counts (ask the EW guys, I do't know much about EW).

Arguments for up: Overall slight seller exhaustion lately, the drops don't have much follow through in this choppiness, signs of accumulation (although we might have already passed or be in distribution already), increased confidence because of good news (nasdaq experimenting with the blockchain and all that shit) lately.


I think the bearish arguments are stronger and technicals are more important than news, but wait for confirmation and a definitive break with volume in either direction.
If despite the decreased volume and signs of a big move coming we just stay sideways, that would be boring AF lol
In that case I'm gonna forget about BTC for a few months and get involved again only when another breakout/breakdown no brainer setup appears.



My 2 satoshis.



As soon as i finished reading the bolded section, the rest of the text suddenly became unreadable. I lol'd, i scroll'd and i continued with my life. Your unintentional comedy brightened my day,


lol what an arrogant fuck.


Here's a serious answer tho:

Consistent but drastic decreases in volume are usually an indication of a big move coming (either up or down, but relatively violent ones), as showed here (plenty of other examples):





Currently volume gradually and drastically dried up on all exchanges, even chinese ones (note the consistent but drastic decrease):








Here's the volume profile of the long sideways movement in 2012 I was talking about:








My point was: If price is about to experience a long (several months) of sideways because accumulation/distribution like in 2012, that's not the volume we would probably see.




Edit: changed "gradual" with "consistent". What I meant is a decrease in volume with a predictable pace (a clear slope)



1054. Post 11442755 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: inca on May 21, 2015, 06:13:23 PM
Nice words and charts wanderer. But history rhymes, not repeats.

The volume or bidsum can be anything, but when the price crosses the exponential down trendline I suggest you buy in like the rest of us.
I have already said that IF that happens (or something else convincing enough) I'm certainly long.
But right now could go either way. I'm just gonna follow the current wherever it goes.



1055. Post 11451773 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Big move postponed, there's more sideways to go through apparently.

Don't let this shit waste your life. Buy/go long at an undeniable break of the log trend line from the ATH or of a no-brainer trade setup like in 2012 after the long sideways or at september-october 2013. No point in blindly hodling. If you trade, look for shorting opportunities if it starts to break $210 with decent volume, the last support before the next free-fall.

If you ask me, whether it pumps first or not, it's gonna eventually go to double digits, where we'll see if this market is actually bound to reverse and see another bull market or slowly fade into obscurity.


Whatever you do, ignore the HODL FOMO "long term moon because VC money and because blockchains cure cancer" cultists, advising new investors (who have a far worse entry price than you) to hold something that is free falling it's not something to be proud of.
If you want to HODL knowing the risks it's your choice, just don't create a religion that will suck other people in and get them screwed out of it.

That kind of mentality is one of the reasons why this market is so unhealthy.





1056. Post 11455676 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.15h):

Quote from: DaRude on May 26, 2015, 04:24:35 AM
And WTF free falling? Have you even looked at the charts, we've pretty much been at the same price point for half a year.
So? Under $210 with decent volume it's free-fall time. The fact that we stayed above it for a long time makes a break of that level even more important and dramatic.
I said IF it goes there.

Quote from: inca on May 26, 2015, 09:00:40 AM
Riiiiiight. And the reason for double digits is simply to allow you to buy in really low before moon!! technical analysis?

Also I don't think we agree on definitions of free fall.
I said what I think is more probable to happen in my view if I had to guess and make a long term prediction.
I clearly said that IF there is a good setup in a few months (like in end 2012 or september 2013) or the log trend line from the ATH is clearly broken is time to buy.


Quote from: _biO_ on May 26, 2015, 09:36:26 AM
If you ask me, whether it pumps first or not, it's gonna eventually go to double digits, where we'll see if this market is actually bound to reverse and see another bull market or slowly fade into obscurity.

This suggest that you see bitcoin only as some candlestick chart and value it based on "technical analysis" of past market performance.

I guess a lot of people do that. Probably the only reason the price is as low as it is.
You are looking at it wrong.
TA tells you when to buy and sell. Possibly avoiding big screw ups like losing 80% of your money in a year (no matter what your buy in price was, you still lost 80% of what you had more than one year ago). Hopefully, even making a profit out of bear markets.

IF BTC is an amazing technology that will change the world, its chart will give you reasons to buy at the right time.
If not, you won't lose (and if you're inclined, you can even profit from it).

Past BTC bubbles didn't start out of nowhere. Price gave you all the time in the world for no-brainer basic and obvious breakout setups signifying a big move coming. That's one of the reasons why they bubbled so hard.

Past BTC bubbles are actually a pretty convincing argument on why TA is very useful in BTC, for example.






1057. Post 11458778 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

This movie should be fun:


https://www.youtube.com/watch?t=93&v=vmGDcDmu6ak



1058. Post 11458949 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: dakota neat on May 26, 2015, 06:02:38 PM
you can't fight chinese database coin dumpers. they run fractional reserve exchanges and can dump ten thousands of coins on the market over and over again.



1059. Post 11459087 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

http://parasec.net/transmission/order-book-visualisation/



1060. Post 11465702 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Bitstamp is giving away a debit card to verified accounts. I ordered one.
I have no idea what I'm gonna do with it, but why the fuck not lol



1061. Post 11471181 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

https://twitter.com/SwiftOnSecurity/status/600526642453286912


It's funny because it's true.



1062. Post 11476258 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: macsga on May 28, 2015, 09:29:47 AM

Aside from your stance on the matter (ie: being a bear concerning BTC) or if you think it's sane to express such an opinion (ie: define post-apocalyptic - how apocalyptic in a scale from 1-10?) I'd say that this statement is rather bold. For instance: Has anyone got the ability to foresee the future after an economic meltdown? Would the internet matter? Will it be there at all? Will people be here in the first place? Will they need guns to enforce their peace?

I'd say that there are quite too many things to worry about after such an event will happen, to just worry about if you can buy food via a usb stick or using USD/EUR. About 90% of the people out there do not understand that food doesn't grow on refrigerators located in Wallmart, nor they are in position (or do have the knowledge) to perform basic agricultural jobs. Moreover, certain laws have already prevented individuals to even keep a goat or chicken within his/her house without permission. Not to mention collecting rain water could drive you to prison if you live in the US. (http://www.naturalnews.com/029286_rainwater_collection_water.html)

Post apocalyptic? You realize that there's a strong possibility this is happening right now, right?
I think you're taking the tweet a little bit too seriously  Grin

The "post-apocalyptic wasteland" is a joke, he was probably referring to the fact that some bitcoiners hope for a total collapse of the dollar, of the stock market, of fiat in general and think that everybody would suddenly buy a ultravolatile, ultrarisky, not-really-scalable experimental virtual version of gold as a consequence  Grin

If the fiat system collapses, BTC will be the last thing people are gonna think of. If BTC is ever gonna survive and succeed, it's definitely not as a replacement of fiat, that's just delusional r/bitcoin stuff.



1063. Post 11476269 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Looks like OKcoin owned Roger Ver and proved that he lied about the whole forgery thing  Shocked

http://www.reddit.com/r/Bitcoin/comments/37m553/ver_okcoin_bounty_rewarded_to_ben_mcginnes_video/




This guy gets the bounty: https://twitter.com/benmcginnes



1064. Post 11477501 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

As I posted on Twatter:




If we break this with decent increasing volume, it's time to jump in whatever direction the market will decide to go because it's probably gonna  establish the trend for the next weeks/months (especially if it goes down)

If there is no reaction, or the break is on too little volume and the spike up/down too weak (like the one last week), just don't do anything, it means there will be a lot more sideways to go.

Again, down more probable than up IMHO (and gives a better risk/reward ratio too), but as always just follow the trend if the market breaks with a violent move.


A break of $210 with decent volume is a confirmed retest of $150 or new yearly low coming.

My 2 satoshis.



1065. Post 11477505 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: BayAreaCoins on May 28, 2015, 11:20:47 PM
Looks like OKcoin owned Roger Ver and proved that he lied about the whole forgery thing  Shocked

http://www.reddit.com/r/Bitcoin/comments/37m553/ver_okcoin_bounty_rewarded_to_ben_mcginnes_video/




This guy gets the bounty: https://twitter.com/benmcginnes

The number of fucks given... 0.

I still plan on trading on OKcoin.  Doesn't seem like that big of a deal. Shit like that happens all the time.
OKCoin is fine, it's Roger Ver who is the lying mofo  Grin



Funny how he accused OKCoin of being insolvent without proof, while one year ago he said that MTGox was doing fine before it collapsed (and actually told people to buy Gox coins on BitcoinBuilder.com lol)


https://www.youtube.com/watch?v=y4SCAw264qM



1066. Post 11477542 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

And when Roger Ver made that video MtGox was already running a fractional reserve exchange.
http://blog.wizsec.jp/2015/04/the-missing-mtgox-bitcoins.html



Roger Ver the "Bitcoin Jesus" huh?  Grin



1067. Post 11477914 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: Mrpumperitis on May 29, 2015, 02:21:52 AM
And the fun continues...non regulated exchanges...http://www.coindesk.com/btc-e-us-dollar-withdrawals-could-be-delayed-two-weeks/    this is just the begining  Cheesy
LMAO

These guys are gonna pull the biggest exit scam ever.



-Shenanigans that look like insiders wanting to GTFO of the exchange as fast as possible: check
-Big price premium: check
-Withdrawals delays: check
-Anon owners: check




Get out of that shitty exchange now.



1068. Post 11482035 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

"Burn all the heretics!"


https://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg07921.html





Gavin organising a coup



1069. Post 11488020 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

More popcorn from the Roger Ver - OKCoin dispute.


Now ex OKCoin CTO Changpeng Zhao (https://twitter.com/cpzhao), tells his version:



http://www.reddit.com/r/Bitcoin/comments/37tm1b/czs_statement_regarding_the_dispute_between/








1070. Post 11488107 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Bitstamp: hacked
Bitfinex: hacked
BTC-E: withdrawals delays, price shenanigans and price premium, textbook goxxing in the making
OKCoin and other chinese exchanges: holy shit
Coinbase: Monitor everything you do, you can't even donate to people they don't like. Only in US.


It's like "pick your poison, motherfucker"  Cry





PS: my shorts funds are in finex, pray for me  Cry



1071. Post 11489427 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

drama intensifies

http://np.reddit.com/r/Bitcoin/comments/37u6ca/okcoins_response_to_czs_lies_and_desperate/



1072. Post 11496973 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):












https://www.youtube.com/watch?v=5ZX7UgzAHoE



1073. Post 11496996 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):









1074. Post 11497082 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Soon™





https://www.youtube.com/watch?v=NBdhAywbgrI



 Grin



1075. Post 11508589 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Trend is your friend.



After a decent volume breakdown like this, going long on bounces is for degenerate gamblers.







Quote from: Wandererfromthenorth on May 29, 2015, 01:01:11 AM




If we break this with decent increasing volume, it's time to jump in whatever direction the market will decide to go because it's probably gonna  establish the trend for the next weeks/months (especially if it goes down)

If there is no reaction, or the break is on too little volume and the spike up/down too weak (like the one last week), just don't do anything, it means there will be a lot more sideways to go.

Again, down more probable than up IMHO (and gives a better risk/reward ratio too), but as always just follow the trend if the market breaks with a violent move.


A break of $210 with decent volume is a confirmed retest of $150 or new yearly low coming.

My 2 satoshis.



1076. Post 11509441 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: fonzie on June 01, 2015, 10:06:03 PM
It seems that a consensus for the new musical BTC theme has been reached among developers and traders. Here´s the lyrics:

BTC! Hooooray!


Trapped in purgatory
A lifeless object(BTC), alive (fake support)
Awaiting reprisal
Death will be their acquisition (hodlers)

The sky is turning red (charts obviously...)
Return to power draws near
Fall into me, the sky's crimson tears
Abolish the rules made of stone (White paper)

Pierced from below, souls of my treacherous past
Betrayed by many(list would be too long....), now ornaments dripping above

Awaiting the hour of reprisal (bounce from 200 to 220$)
Your time slips away

Raining blood
From a lacerated sky
Bleeding its horror
Creating my structure (DOGEcoin about to takeover??? , at least this is my interpretation...)
Now I shall reign in blood!


https://www.youtube.com/watch?v=zw76uVvdroE
lmao



1077. Post 11509473 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

https://www.youtube.com/watch?v=XGlbFdvgius




 Cry








PS: Great song



1078. Post 11524024 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Bulls, I hope you are prepared to deal with the strongest kicks in the nuts (coming in the next few weeks in the bitcoin markets) like this guy is  Grin


https://www.youtube.com/watch?v=a86cQobU-n4





 Grin Grin Grin Grin











PS: Sorry, that was just an excuse to post that video here  : P











1079. Post 11535241 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Bitcoin blocksize debate in a nutshell:



Bitcoin, the way it was designed, is not scalable, you cannot really get around that. You can try to improve the situation with an untested dangerous solution that undermines its decentralization and security narratives hoping that this fix will bring a new wave of greater fools who will buy your coins at $10k each as soon as possible.

The End.









 Grin

Even bitcoin cheerleaders admit this:
https://twitter.com/pierre_rochard/status/595980400071180288?lang=en



1080. Post 11537420 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Just stop floating and do something!





1081. Post 11537431 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: Fatman3001 on June 04, 2015, 11:21:22 PM

I don't like this, we're supposed to go up!


Massive move upwards incoming, just turn the charts upside down!















 Grin Grin Grin Grin Grin Grin Grin



1082. Post 11537455 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: dakota neat on June 04, 2015, 06:05:19 PM
give up, buy now

Quote from: dakota neat on June 04, 2015, 10:54:55 PM
let it go. sell everything.
Shroomskit, is that you?







 Grin



1083. Post 11537549 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

https://vine.co/v/eZHVzPlzgBU



1084. Post 11540568 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Stops in profit.







1085. Post 11541368 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.16h):

Quote from: gizmoh on June 05, 2015, 11:10:56 AM
From Gemini Instagram, Launching soon:

https://instagram.com/geminidotcom/

Rocket to Moon:  Cool
https://instagram.com/p/3e2gb8hNuJ/?taken-by=geminidotcom



When it was at $300.



I even like the two, just don't trust rocket launch countdown things  Grin



1086. Post 11541895 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.17h):

Quote from: cyclotronmajesty on June 05, 2015, 01:08:51 PM
day trading is fucking boring..... how do people make money doing this shit?

Most people lose money when day trading, although the price is now so stable it's difficult to lose or make any money.

A few months ago there used to be wild price swings in short spaces of time that you could lose/make money off, but they seem to have stopped. Now the price is plain boring.

It's super boring and tedious way to make a buck. As soon as you sell you want it to go down, as soon as you buy u want it to go up... it's insanity. It's also really annoying because as soon as I sell the goddamn thing goes up and as soon as I buy the goddamn thing goes down.
BTC is a market for position trading more than day-trading IMHO

Looking for bigger moves, holding a position for a few weeks/months.
When an obvious setup pops up (like a little pennant breakout/breakdown like we saw this past month) you can day-trade (closing the position after a few hours), but mostly you don't wanna over-trade this, during choppiness is better to do nothing and avoid trading noise.

BTC is known for big ridiculous moves upwards and for prolonged crashes into the ground. You don't wanna over-trade the little moves while missing the big ones  Wink

Checking the price once every few days/weeks is sufficient for that, no stress required.
It's a relatively easy market to trade if you know what you are doing.

Quote from: cyclotronmajesty on June 05, 2015, 01:08:51 PM
It's also really annoying because as soon as I sell the goddamn thing goes up and as soon as I buy the goddamn thing goes down.
There is a reason for that. It's no coincidence. It's because most of the time trading goes against what you intuitively would do when buying/selling. If you trade you need to decondition yourself and avoid thinking like the "herd".

We all think like the herd at the beginning  Grin



1087. Post 11543258 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.17h):

http://cointelegraph.com/news/114481/chinese-exchanges-reject-gavin-andresens-20-mb-block-size-increase



1088. Post 11550508 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.17h):

dump it



1089. Post 11553601 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.17h):

Quote from: Patel on June 06, 2015, 11:08:01 PM
It's funny how 80% of bitcoiners assume that bitcoin will increase in price again.

Most of the time, the opposite happens. If you look outside of the Bitcoin community, there is WAY more people that want this project to fail rather than to succeed.

Innovation in this space is moving rapidly as well. It might be taboo in this community to root for alternatives, but Satoshi and core devs aren't the only genius's, there are better coders and cryptographers working on other systems too.

Not that I want Bitcoin to fail, I want it to succeed and make all the holders rich, but this isn't always the case. There is less than $1 billion invested in Bitcoin. If it fails, it is a miniscule ratio compared to the dot com bubble or other highly invested failures.

People just need to take it with a grain of salt that returns aren't guaranteed, even though it's a high probability, if this blockchain keeps gaining momentum vs others.
Good post.



1090. Post 11557576 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.17h):







1091. Post 11603765 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.17h):

Them finex ask walls tho



1092. Post 11611664 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.17h):

Interesting read:

http://arxiv.org/pdf/1505.06895.pdf



1093. Post 11719113 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.18h):

Forex pumps nowadays be like:

https://www.youtube.com/watch?v=s04ueNZk1lE







BTC pumps nowadays be like:

https://www.youtube.com/watch?v=aBb0k1sx1s4



1094. Post 11721668 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.18h):

Quote from: adamstgBit on June 26, 2015, 06:02:53 PM
what if we see >500million dollars in new longs in less than 2 years?  Grin
Considering incoming collapse of USD - no shit man, but we talk about near future here, and its pretty damn clear to me that there's gonna be the last market rape to sub 200$ before a stable rise to >300$. Why would market makers throw away the last opportunity to get sub 200$ coins, just couple of chinese fake flash dumps and margin calls leading maket to 130-160$ is here, piece of cake.

 it would cost quite a bit of bitcoin to start squeezing longs, bitfinex is showing >10K coins to 230, and i think we'd need to see price reach <180 for a squeeze to really take effect, even then... traders would do everything in there power to not drop a long sub 200.the past 2 long squeezes was started at >500 ( bulls admit defeat ), >200 bulls capitulate, bulls are going to re-capitulate now? no no no the only way is up now.
The moment you realize that the whole bitfinex bid side standing before double digits is only 5 days worth of BTC monetary inflation:

https://www.bitfinex.com/pages/ll_order_book








1095. Post 11731172 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.18h):

Looks like we will soon see if breaking a log trend line will be as eventful (pump wise) as on may 2014 or not at all.
If it breaks.



1096. Post 11742884 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.19h):

I'm feeling a little bullish, but...







1097. Post 11743732 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.19h):

A few more breakouts and I'll be posting bull FUD and train pics myself



1098. Post 11751283 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.19h):







1099. Post 11798482 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.19h):




1100. Post 11839567 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.20h):

BTC to alpha centauri,  LTC to reverse and finally crash



1101. Post 11839704 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.20h):

https://blog.bitmex.com/chinese-promoter-pumping-litecoin-via-ponzi-scheme/



1102. Post 11864096 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.21h):

Good setup on LTC/USD while BTC stalls a bit.


Watch for a break in either direction up or down, if not for a long run, for a relatively big percentage scalp or day-trade.
The pumper is not done distributing his coins.






1103. Post 11866877 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.21h):







15% on the short of this breakdown. Starting to close now.
It even gave you a failed retest of the crack of support (in blue) for the perfect entry.






Quote from: Wandererfromthenorth on July 13, 2015, 12:31:23 AM
Good setup on LTC/USD while BTC stalls a bit.


Watch for a break in either direction up or down, if not for a long run, for a relatively big percentage scalp or day-trade.
The pumper is not done distributing his coins.







1104. Post 11929424 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.21h):

Sentiment-wise it sounds like we are in "disbelief" phase.

Moon.



1105. Post 11959310 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.21h):

TO THE MOON   

TO URANUS       

TO THE OORT CLOUD       
 
TO THE MACS0647-JD GALAXY









http://www.space.com/18502-farthest-galaxy-discovery-hubble-photos.html







Quote from: Wandererfromthenorth on July 21, 2015, 12:47:53 AM
Sentiment-wise it sounds like we are in "disbelief" phase.

Moon.



1106. Post 12836120 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.30h):

fun times



1107. Post 12860603 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.30h):

Quote from: JayJuanGee on November 02, 2015, 06:20:26 PM
Bitcoin Monthly Candles

Who's ready?




A Chart with monthly candles looks really nice.


Where do we get one of those? 

Is there any service that includes monthly BTC candles?
https://www.tradingview.com/chart/BTCUSD/

Go to "Expand BTCUSD chart" and select "1M (one month)" time frame.



1108. Post 12871255 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.31h):

Lambie when bitcoin is dumping down to $200:
-"You are idiots. Thinking to make money with this shit. hahaha enjoy your financial AIDS!!!!"

Lambie when bitcoin is pumping up to $400:
-"You are shallow and greedy"




They're not paying you enough bruh.



1109. Post 12880389 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.31h):

Quote from: podyx on November 04, 2015, 10:40:45 AM


Why does it just keep going, this is ridicolous.

People should have learned by now that they shouldn't call tops during insane rallies while it's going up.

There are times to daytrade because markets are quiet and consolidating, and there are times when you need to catch macrotrends and stay in a position for a long time.



You dump when, on a large enough time frame, there is evidence that the trend is no longer your friend.
If you try to call a top while it's relentessly going up after almost one year of consolidation/accumulation, you'll likely get left behind.

 



1110. Post 13068941 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.35h):

Moon and trains pics plz



1111. Post 13079660 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.35h):













https://www.youtube.com/watch?v=PkFyGNjaQ8k



1112. Post 13160428 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.36h):

yo can we have some moon and train pics guize



1113. Post 13160483 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.36h):

Didn't know lambie was buddhist



1114. Post 13160831 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.36h):








1115. Post 13160835 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.36h):

Can't stop won't stop





1116. Post 13218732 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.37h):

Institutional investors who are pumping right now:


Fo Sho Wi Si Mun

Wi Flai Skai Hai






1117. Post 13259208 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.38h):

Quote from: TERA on December 15, 2015, 05:37:25 PM
I understand adoption blah blah blah and that this is a good long term and mid term bet.  My analysis are for trading purposes and things like
-should I enter into a margin long right now?
-is the liquidity of the exchange growing?
-is fresh fiat being injected masse right now?
-will it simply consolidatine and go sideways for another three months, or is it breaking out right at this instant?
-could one small market dump cause a margin reaction and liquidate me?

Margin trading is a different game than investing.  I need to know these things.

I understand sell walls don't have much of an affect in bitcoin. However,  bid walls are somewhat more meaningful,  and I'm usually discussing the bid side.
Liquidity on the exchanges is getting better, bid side growing.

http://coinsight.org/huobi
http://coinsight.org/bitstamp

Trend on the Daily and Weekly charts still looks good, don't see any reason why rally should stop for now.

Personally I'm not bothering with margin trading right now.
I tend to use margin to day trade or swing trade when market is in a long term consolidation (like all 2015 pretty much, from February to October), a lot less when heavily trending. Since the low $300s BTC has been position trade material for me, so I just mostly sit in BTC and wait.





1118. Post 13260589 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.38h):

Lambie, face it, BTC price is rising and so is your cognitive dissonance.






1119. Post 13834880 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.43h):

moon.
buy.



1120. Post 13859927 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.43h):

Still moon.
buy.




1121. Post 13886249 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.44h):

What's going on guize?
This thread could use some train and moon pics



1122. Post 14997661 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.51h):

Is anybody really surprised?



1123. Post 14997678 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.51h):

NotLambChop, what is THIS? I pay you to keep the price of BTC down.
You're fired!!!!



-Your employer.



1124. Post 14997773 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.51h):

Quote from: marcus_of_augustus on May 28, 2016, 10:50:33 AM
Is anybody really surprised?

not really ... what is surprising is tossers like you expect to show up without repercussions for all the toxic shit you've spread on the downswing ...
Telling people to sell when prices are going down in a bear market and tell them when to rebuy lower? Nothing toxic about that!
 Tongue



1125. Post 14997895 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.51h):

Quote from: marcus_of_augustus on May 28, 2016, 10:54:36 AM
Is anybody really surprised?

not really ... what is surprising is tossers like you expect to show up without repercussions for all the toxic shit you've spread on the downswing ...
Telling people to sell when prices are going down in a bear market and tell them when to rebuy lower? Nothing toxic about that!
 Tongue

if only it was that innocent ... intentional misinformation and FUD spreading about a perfectly sound technology is some pretty dark shit coming from an ugly greedy place
I don't remember spreading FUD, if not for some innocent trolling for fun on the way down  Tongue
I only expressed doubts that I had (some of them I still have), like anybody, no greed.

But that has nothing to do with my bullish-bearish stance on the price of BTC (if the charts scream "buy" and I anticipate a bull market, I'm not gonna argue  Tongue)




1126. Post 15013316 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.51h):




1127. Post 15085084 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):

Quote from: yefi on June 04, 2016, 10:56:26 PM
You're mistaken.  Sure, only up 1.37 % in the past 24 hrs, but taking into consideration the fact that ETH price has increased MORE THAN TENFOLD!!!1 Shocked in 2016 alone, I consider that a minor setback Smiley

LMAO!



1128. Post 15169044 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):

train picsssss



1129. Post 15169122 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):




1130. Post 15169143 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):




1131. Post 15169632 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):

Quote from: PoolMinor on June 12, 2016, 12:53:30 AM
This is Gentlemen.









1132. Post 15169681 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):

                 




                   



                 



1133. Post 15174260 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):

Quote from: SomaliRebel on June 12, 2016, 11:10:49 AM





1134. Post 15182119 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):

Quote from: Trouble821 on June 12, 2016, 10:34:47 PM
Can you predict how high it will go before crashing again?
No and you shouldn't try.

Quote from: Trouble821 on June 12, 2016, 10:34:47 PM
Will you sell at 5000, then watch it going to 50000 and not buy back at 10000 or 20000?
It makes no sense to sell at a specific price if it bubbles up making new ATHs.
It makes more sense to wait for a confirmation that the bull market peak is in and price structure is shifting. Waiting for confirmation instead of simply trying to call a top. If you try to sell as it's going up like this chances are you are going to be left behind and miss the real bubble/pump.

It's the same thing at any bubble cycle.



1135. Post 15182185 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):

Quote from: BlindMayorBitcorn on June 12, 2016, 10:47:48 PM
Maybe, I don't know. The unbridled enthusiasm of this bullrun is putting me on edge. Shouldn't we be complaining about something?
The level of enthusiasm at the real peak of the real bubble will be when everybody and their mother in this forum are convinced they are geniuses, the media is frantically talking about magic internet money (making up stories about teenagers in their bedrooms becoming billionaires), people maxing out their credit cards and try to dump life savings into bitcoin*
Around there is when you'll have to sell  Grin



For now we are just at the "wall thread observer people are posting moon, train and dicaprio gifs" phase. Still a long way to go  Grin






*Hoping nobody here will do that tho, but some nutjobs definitely will try, sadly.



1136. Post 15183992 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.52h):






HODOR


HODOR


HODR


HODL


HODL!



1137. Post 15233691 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.53h):

Quote from: soullyG on June 16, 2016, 10:06:06 AM
https://www.youtube.com/watch?v=oqwborlxOwo
https://www.youtube.com/watch?v=9EcjWd-O4jI&ab_channel=TechnotronicVEVO



1138. Post 15240721 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.53h):




1139. Post 15270542 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.53h):

Quote from: TERA on June 18, 2016, 07:44:15 AM


I've been trying to compare 2014-2016 to 2011-2013 under the assumption that it's time to break ATH now but it doesn't make any sense and the structure/symmetry just isn't the same (not to mention the different timescales). In the 2011 chart you can see that bottom being reached to the left only 33% of the way through the chart. However in the 2015 chart you see bottom not being reached until 50% of the way through the chart and dragging on all the way through 75% of the way through the chart at roughly the same level. The bottoming out was much weaker and the jump to now supposedly try to challenge ATH is extremely sudden. Therefore, odds are most likely that we need another midterm consolidation of 6 months of to make an even chart. I see the following possibilities:
1. 25%: This is a trap and a sort of double top before another serious bear market.
2. 50%: There is going to be a 6 month consolidation phase before ATH is broken.
3. 25%: ATH is broken now.
I don't think we should worry if the top/bottom ratio or the timing (this cycle is a lot more drawn out) is different than in the 2011 bubble. I think what matter is that the structure is the same or similar enough, and the structure looks very similar to me.

I see two major possibilities, either this:






...or this:





In the first scenario price just continues up because the long period of consolidation has already happened.
In the second scenario this 4 month consolidation price has been in, represents the first long consolidation in the 2011 bubble, therefore price needs another long consolidation of several months before breaking ATH.

So in my opinion it's more something like this:

50%: Price just continues and breaks ATH
40%: Price goes into a big consolidation for several months before breaking ATH
10% It just dumps and continues dumping.



1140. Post 15295089 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.53h):

Deeper retracement coming.



1141. Post 15299591 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.53h):




1142. Post 15299609 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.53h):

bitfinex is garbage, use OKcoin.



1143. Post 15323316 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.54h):

Quote from: European Central Bank on June 22, 2016, 05:28:43 PM
I see a bunch of technical analysis having predicted this, but did they predict the Bitfinex thing? Where does the line between TA and self fulfilling prophecy meet or is it rude to ask this question?
As a general rule, forget about news and short term fundamentals, they are only a distraction (unless something really big happened, like a flaw in the bitcoin protocol or something).

The dump has nothing to do with the bitfinex fuck-ups or shitcoin pump and dumps.
I don't even follow the "news" to decide when to buy and sell or use margin.
I only know of the bitfinex problems and the etherium /DAO thing because some people mentioned in this thread. Otherwise I couldn't care less and nobody should.




1144. Post 15323420 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.54h):

Also, bitfinex is irrelevant, Huobi and OKCoin drive the price, not western exchanges.



1145. Post 15323532 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.54h):




1146. Post 15326636 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.54h):

Quote from: strawbs on June 23, 2016, 12:20:51 AM
Is it wrong that the potential for market chaos makes me consider voting Leave in tomorrow's Brexit referendum???
http://uk.reuters.com/article/uk-britain-eu-g-idUKKCN0Z82XR

yes



1147. Post 15336716 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.54h):

Quote from: Moria843 on June 23, 2016, 06:42:38 PM
I asked my 8 ball if we would break $1k soon. It said yes! I'll have to ask the Ouija board next to get verification.
Confirmed, I did it myself, this is what happened:






1148. Post 15539801 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.55h):

Quote from: 600watt on July 10, 2016, 09:52:35 AM
what do you guys think about this:


https://www.youtube.com/watch?v=_QL8fDEhjvw

made by deloitte.
The first voice sounds like a reaper from Mass Effect:

https://www.youtube.com/watch?v=R_NAoNd4YyY&ab_channel=IcedDog



1149. Post 17217160 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.59h):




















1150. Post 17247259 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.59h):

There goes the contraction phase.



1151. Post 17247433 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_14.59h):

Quote from: Fakhoury on December 20, 2016, 11:29:52 PM
There goes the contraction phase.

Care to elaborate more please ?
Price goes from small ranges to big ranges.
Consolidates, seems quiet, then explodes. Seems like the little consolidation is over and the explosive move is starting.



1152. Post 17407282 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_15.01h):

Quote from: Jhanzo on January 05, 2017, 01:21:28 PM
Anyone got a site that list houbi and CNY/USD and other major exchanges?  I think bitcoinwisdom just broke itself.
OKcoin on bitcoinwisdom:

https://bitcoinwisdom.com/markets/okcoin/btccny



1153. Post 51560266 (copy this link) (by Wandererfromthenorth) (scraped on 2020-04-04_Sat_16.52h):

fun