All posts made by ccminer.net in Bitcointalk.org's Wall Observer thread
1.
Post 29378399 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.41h):
This prediction is extremely unlikely in my opinion...institutional money will hop in way before that...Too many people are directly incentivized to prevent BTC from falling to 2.5k.
Everybody was saying all that and more in 2014 after the rise to $1200.
$800 - "this is the bottom, Overstock adoption"
$600 - "this is the bottom, new Chinese exchanges coming online"
$400 - "this is the bottom, New Egg, Bitcoin Trust, institutional investment on the way"
$200 - "this is the bottom.....eh"
$180 - "this is the bottom" (And it was).
Bitcoin always makes sure people take pain well beyond their expectations to bake in any new floor. Usually by going all the way to the last long term high and a bit below it. (April 2013 was $266. That had to get retested after the $1200. It did, with an $80 overshoot just for good measure).
Don't be surprised to see at least a wick down to $800.
this is quite scary!!
I really hope the price will not get any lower
2.
Post 29383069 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.41h):
Please pardon my ignorance but could you explain how to read these plots
thx
3.
Post 29416736 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.41h):
I am really tempted to go and actually purchase some bitcoins......
Not just you my friend!!!!
4.
Post 29454481 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.41h):
We are going to $4k, but I'm already preparing myself psychologically for $2500.
Sad, because I remember the 1st of August and it was memorable when bitcoin was above $3000.
Nobody is going to buy right now, because it keeps dropping.
Maybe Ifinex is doing this, selling their btc in other exchanges and provoking a snowball effect. They need the dollars to prove the tether is backed by them.
So 2.3 billion worth of bitcoins are being dumped.
I was thinking on selling to buy back lower, but who knows, it can stop right now and come back up.
Do any of you have numbers of how many btc were dumped since this bear run started?
Thinking the same about selling now and rebuy later. But everytime I tried that, it directly went up.
So keep trying dude, over and over again!!
5.
Post 29473664 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.41h):
looks at the mempool
What should I see in the mempool?
the unconfirmed transaction number is rising again!
6.
Post 29611753 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.42h):
7.
Post 29707680 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.42h):
Do you think this bloodbath for today is over?
It seems like market is recovering
nope
Between 2018 and 2013 there had been 5 Years.
Once could argue that this meltdown could heal in another 5~10 years. But I doubt that. The momentum has been lost, the notation of the currency as a store of value destroyed.
I do not agree, plus the fundamental as alternative to the traditional economic system is intact! and that is, for me, that gives the real value to this whole thing!!
8.
Post 29708641 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.42h):
Do you think this bloodbath for today is over?
It seems like market is recovering
nope
Between 2018 and 2013 there had been 5 Years.
Once could argue that this meltdown could heal in another 5~10 years. But I doubt that. The momentum has been lost, the notation of the currency as a store of value destroyed.
Give me a break, store of value, ha. Bitcoin is about getting the fuck out of a corrupt system that enriches the rich by taking from the poor. Bitcoin's value is an escape from that system and its injustice, end of story. If it happens to go up to an incredible $ amount, making it a store of value, so be it.
The system is fucked, throughout history it has always been fucked. Now, for the first time ever, the common people have an escape from that system. In 10 years time when current amount of bankers fiat has increased 5 million times, Bitcoin will be there. It will be priced high because not being in the system will be worth it.
Shit, your meant to be a legendary member. You should understand this.
That's the point folks!!!
9.
Post 29709437 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.42h):
Maybe a bulltrap? Like we moven down to €6k then €7.5k then again down...
Looks like a bulltrap for me, hope to be wrong tho
10.
Post 30834578 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.45h):
Previous attack was on tx fees and mempool congestion, now they are trying with the price???
11.
Post 32060622 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.47h):
This move is coming out of no where. Anyone know why?
Looks like a trap to me
12.
Post 32733156 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.49h):
Ok we are going nowhere!
Expecting new dump anytime and it will be epic
13.
Post 32784071 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.49h):
and than back again LOL
I really hope to see 30 000 soon folks do not call me FUDster
14.
Post 37724204 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.55h):
15.
Post 37725212 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.55h):
Everyone on Reddit seems to think so, so I'd grab as big of a personal loan as you can while you still have the chance to hop on the rocket.
Well on reddit and twitter is like since 5 months that we are going to skyrocket to 100k anytime TOMORROW or maximum NEXT WEEK. So I guess they are not the right places LOL
16.
Post 37840285 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.56h):
week end pump on shedule, but very very weak!
Let's see how hard will be the monday dump
17.
Post 40292085 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.58h):
The trading volumes are very very low, once they will rise again soon a new dump will happen
18.
Post 40451676 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.58h):
Nice price movement, volumes up and price up as well!
Hope it will keeps like this for few weeks
19.
Post 40791299 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
This shit is headed towards 4k and possibly under $3k.
Next 2 years will be very painful.
We have all done it before and we can all do it again.
Yep. Thats right.
The 2-3 year bear market was set up by December's extraordinary peak (could have topped out at 6-8k by my own estimates, but the CME futures news shot it to the moon). The grind down is needed to wash out the extreme speculation... Before a new uptrend is truly in place, the last 6-9 months' wild speculative buyers need to be whittled down to true hodlers, unaffected by the price moves.
That could take take 2 years and $2.5k price in my stupid-assed opinion.
Hope I'm wrong.
2 years like this means BYE BYE BTC
20.
Post 40791660 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
Usual BULLSHIT, the worst day for BTC price recently has been the "institutional" money, with those stupid FUTURES.
Wall street, and the banks, and all the traditional institutions are against the crypto/cypherpunk philosophy, they are trying to destroy it from the inside!!
21.
Post 40804389 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
2 years like this means BYE BYE BTC
Why ?
I thought something similar in 2015. "Its broken the trendline. It shouldnt have gone below $260 (to $160) and should be rallying by now. Something terrible must be going on. Is bitcoin hacked?" Luckily I couldnt bring myself to sell my remaining coins. They were worth so little.
with the numbers of 2015 was accetable, with the numbers today, many people is losing trust and will never come back again for fear!
losing 200 bucks is a thing, losing 6 000 is a different story!
We had the opportunity to change the world if this is the trend for the next years, I think we are going to lose this opportunity.
Not to mention the difficulty, and the current costs to mine, and support the network with the same expenses in 2015
Just my opinion
22.
Post 40810714 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
wow btc really hit usd$5900...
Yes, and I really am not convinced by the reaction from support on this dump. I suspect that we may see another test for lower.
It will happen sooner rather than later
23.
Post 40812751 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
Entered?
We’ve been in one since January, continuous downward spiral.
Actually since December
24.
Post 40814453 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
Yes, and I really am not convinced by the reaction from support on this dump. I suspect that we may see another test for lower.
There was a 94% decline in 2011. So we may still fall to around $1000.
We are not in 2011. Totally stupid to always compare with the very beginning of BTC.
Agree with you 100%
25.
Post 40818816 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
I see LTC at 76 bucks, been adding slowly on the decline and that's a nice cheap price. Try to buy LTC at Coinbase, error returned "insufficient funds". Hmm that's strange. Check my bank, Chase, and the account. Funds are there. Try to transfer some more in because I want to buy a bunch. Cannot transfer "site is under maintenance" Hmm, never seen that before. Decide to try to use some BTC to buy LTC as the rate is nice. Poloniex says "BTC is currently under maintenance or experiencing wallet issues. Deposits and withdrawals will remain disabled as we work to find, test, and audit a solution. Thank you for your patience in the meantime.". NEVER seen them frezze the BTC wallet before!
So you can't buy at Coinbase. You can't use your bank funds. You can't arb at Poloniex. And this is all just a coincidence.
Mark my words, this is a bottom, if not THE bottom. Only explanation.
Post some evidences if you can please.
Hope somebody else could confirm this
26.
Post 40819355 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
27.
Post 40837118 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
Holy Shit ... Bitcoin difficulty is projected to increase by ~24% in 6 days ...
OK, the culprit is the decrease of BCH because miners switched over to mine BTC instead.
But I believe that the point where mining costs are higher than the BTC value must be here (or nearly here)
Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this
28.
Post 41005562 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
29.
Post 41031403 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_15.59h):
I'm afraid that when the volumes will rise again we will see big dump
30.
Post 41602274 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.00h):
31.
Post 41663598 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.00h):
How are so many people in this thread watching a soccer game? I don't even know a single person in real life who watches soccer, not one.
It’s the most popular sport in the world.
FACT.
and it is football by the way
32.
Post 41716346 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.00h):
volumes at spot exchanges are very very low, while on that shitty CME are getting higher and higher!
Please folks let me understand this trend.
Are we facing a new super dump thanks to our dear CME trader friends, thant can keep dumping without owning BTC at all!!
33.
Post 41721343 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.00h):
Since CME got in the show the shit hit the fan!
I just hope they can close their paper trade or start to lose interest or whatever just get lost them and their price manipulation
34.
Post 41723445 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.00h):
35.
Post 41892951 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.00h):
price manipulation at its finest
36.
Post 41988130 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.01h):
Hi there,
on crypto twitter are few days that some folks are excited about the possibility of BTC to being approved by ETF or something like that.
Folks are excited because this time the application has been submitted by CBOE that is a huge actor, and they think that because of this this time the application will be not rejected, like last time.
I'm a bit scared because since CBOE launched their features the price didnt go anywhere but down.
Please let me understand why this time will be different and why it is a good news for BTC
37.
Post 42157833 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.01h):
So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!
Plus it is not clear whether this time the application will be finally approved!
What do you think?
38.
Post 42161536 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.01h):
So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!
I think that if an ETF should be approved, which I'm not too convinced of right now, it could be a mixed blessing. Depending on its rules and its effective audience, it can turn out to be a pump&dump machine for the elites or a retail instrument for mom&pops.
The first route could lead to more turmoil, chaos and mainstream scorn. The second route could help bitcoin become what it was designed to be. I'm thinking of mostly clueless baby boomers who could embrace an instrument promising exceptional growth
and listed on the "normal" channels. This would lead to universal recognition, and in turn wider adoption.
Admitting some form of ETF is eventually approved, which way will it go? Hard to tell. Verifying a fund's financial solvibility/consistency is a trivial matter, given the way the blockchain works. Verifiable pubblic addresses require virtually no auditing.
However, as said above, the SEC guys are likely just bureaucrats at heart, with a vulture tinge on the side. So rather than certainty of collateral - which is trivial to verify as we all know - they focus on the (in)stability and manipulability of the underlying market - which as of today, is still a hard to deny reality.
We are facing interesting days for sure. And months, and years.
interesting!
May I ask you why you think the ETF will be not approved this time?
THX
39.
Post 42163292 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.01h):
May I ask you why you think the ETF will be not approved this time?
THX
The previous applications were all turned down because the SEC can't police a global unregulated market. They can only give permission to the things they can 'protect'.
Absolutely nothing has changed since then.
So I agree that it will be rejected this time, and I hope all the further times!
I really hope BTC will keep being "UNPROTECTED" and UNREGULATED
40.
Post 42184084 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.01h):
Well noted sir.
I'll keep an eye on the mentioned date
41.
Post 42342595 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.01h):
what is going on?
who is buying right now, and why?
For ETF, for the Koreans?
42.
Post 42372487 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.01h):
Is this a bear trap or .......
43.
Post 42735852 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.02h):
going to moon or usual pump and dump folks?
44.
Post 43364799 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.03h):
Finally the complete picture !!!
45.
Post 44432817 (copy this link) (by ccminer.net) (scraped on 2020-04-04_Sat_16.05h):
Can't believe, but it AMERICA was not the land of freedom??
At least in the movies they keep saying so, menawhile USA army keep saving the world LOL
