All posts made by Ares in Bitcointalk.org's Wall Observer thread
1.
Post 1881117 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.53h):
EDIT: RANDOM HUGE SELL ORDER. Bears are charging, dropped by $5 in like 2 minutes.
aaaaaaaaand we're 4/5th recovered
2.
Post 1901186 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.53h):
Big dump. But a 1k buy order got put for about 1 second right at the top then immediately pulled
3.
Post 1957401 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.54h):
I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.
I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?
It's almost like my wildest dreams are coming true: bitcoin seems to really work out!Have you guys seen that guardian piece about the Bitcoin Kiez (
http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".
My old dreams are the new normal, I should get some new dreams... think big this time.I crunched the numbers and there is a direct correlation between your 2 year old dreams and current Bitcoin happenings. Please, dream really big this time.
Still hangin around 137 with barely any volume. Time to sleep.
4.
Post 1991100 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.55h):
Flashdump
5.
Post 1991136 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.55h):
Just read that Silk Road just now came back online after being down for 3 days (and freezing any Bitcoins that were there).
Probably people from there being scared and selling
6.
Post 2014643 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.55h):
7.
Post 2042402 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.56h):
It just boggles my mind that someone will play around with 2mil in cash in a market like this. I wonder how many BTC he has?
Zero. And just learned about Bitcoin, how amazing it is, and wants a long-term holding like Winklevii, Exante and Keiser?
If someone really wanted to get in at 110 with 2 mil, I think they would put a much smaller wall there and then reinforce it as it gets eaten
8.
Post 2045476 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.56h):
Volume ridiculously low for a Monday morning.
Good sign imo since the price is remaining over 120. Deposits into gox won't come through until tuesday
9.
Post 2055988 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.56h):
Dump city bitch, dump dump city bitch
10.
Post 2057075 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.56h):
This whole price drive-down was probably done so that as bank transfers come in from that long Japanese bank holiday they can get cheap coins. I think we're going right back up.
Also this thread, more than any other, should adopt to using m
BTC exclusively. See:
https://bitcointalk.org/index.php?topic=197435.0
11.
Post 2057182 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.56h):
This whole price drive-down was probably done so that as bank transfers come in from that long Japanese bank holiday they can get cheap coins. I think we're going right back up.
No.
My guess is $100 in less than 5 hours.
Edit:
Because magic!
Because Bitcoin Magic!
12.
Post 2058457 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.57h):
For the average Joe, Bitcoin is not any more a train about to leave the station.
Make that: "For the average Joe, Bitcoin is not yet a train about to leave the station."- But it will be. If not this month, then the next. I called a 1-3 month consolidation in 100-120 area before a supermove up. We are right there even now, 4 weeks after the bubble burst. If I panic buy at 144 meanwhile, it is my own problem.
It has plenty of time to go to sub-$100 in May. Even as of this writing, there is $500k bid volume to 102, which is so pathetic that if I show a wall of 1k coins like I did yesterday, it will crash right here and now.
It takes about 45 mins to send the coins.
I grant you the bolded part. I think we all agree that long term Bitcoin will be huge - the truth is that we are all bullish about BTC at the end of the day, which is normal because this is bitcointalk.org
We just differ on short-term moves, on which is the top or bottom for the next few days, or weeks… I have to agree with you that it seems that we will not have such a pronounced decline as in 2011, and the recovery will also be faster. Heck, I even think that we won't go below $50 again - that's pretty bullish in my book, considering that in January we were below $20. I don't know if consolidation will be 2-3 months or 6 months, but it definitely doesn't looks like an entire year of decline + another full year for consolidation like we had after the burst of the 2011 bubble.
In 2011 a lot of people screamed "PONZI!!" and turned their backs to BTC. A lot of people thought Bitcoin was gone for good. It seems to me that now the mentality is much different: people knows Bitcoin is here to stay, and it's just a matter of WHEN the next growth cycle will start.
The fact that Paypal, moneygram, and western union are all "looking at bitcoin" will put pressure on each of them to be the first to pull the trigger for obvious reasons. Once that happens any consolidation period will end abruptly. With the aforementioned pressure, I don't see it taking more than a month or two for one of them to get in the game in one way or another because the advantage of being the first in will be massive.
Then there's the whole China ordeal which may or may not amount to anything spectacular, but if nothing else, will make Bitcoin even more enticing to entrepreneurs and established large businesses.
my m
BTC.02
13.
Post 2068432 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.57h):
Anyone willing to pay that loser 10BTC/hour will end up broke.
LOL
Based on the guy's track record you can be sure to get bad advice lol.
From what I understand, he's pretty loaded and had some great foresight to get into bitcoin early. You don't get to that point without being a winner imo.
As for the 10BTC/hr, it's subjective and probably worth it to some people because this is a very specialized field so you can't just call up any old financial advisor, and if nothing else, rpietila has the reputation to be trusted not to run off with your money.
This forum needs more love
14.
Post 2068724 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.57h):
+1
I will await the 13btc.
15.
Post 2094685 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.57h):
I'm amazed the price has been so stable with the DDoS or whatever going on for so long. Volume is really really low.
Bitcoin is not just some fancy virtual casino for you to play in. It's supposed to be a currency. For it to succeed at that, people need to build services around it. That is very hard for them to do when the price is all over the place. Large swings could cost them a lot of money or even make them illiquid. Without goods and services, Bitcoins value will be zero.
Bitcoins price rise is a process of pulling bitcoins from early adopters in a slow but steady process. Bubbles and busts, though inevitable, (especially when governments do stupid things) do not aid in the process.
I have nothing about speculators but realize there's a long game at play here for many of us.
There has been a ton of good news recently (new exchanges, Coinbase getting 5mil, Gyft now allowing you to buy giftcards for yourself or other with bitcoin, and more), and the price hasn't even budged. Makes you wonder what it's going to take to get the ball rolling.
16.
Post 2094792 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.57h):
Y'all hear that? Like music to my ears
17.
Post 2096349 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.57h):
Wow, props to Rampion on that timing
18.
Post 2096485 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.57h):
Wow, props to Rampion on that timing
This is only the beginning.
I literally was reading the graph you posted and thought "hey things are looking goo-" BING BING BING BING BING BING BING
19.
Post 2129104 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.58h):
It can last weeks.
That's not very long in the grand scheme of things.
I beg to differ. Confidence is about knowing we won't tank. Compare with 2011. We're doing pretty good.
And what happens if we do tank?
Don't be all in or all out. If we tank than use your cash to pick up more shares. If we go up then at least you don't have to buy in later 2X as much.
I know this is a speculation thread but we shouldn't really lose sight of the point here. It isn't about making money per say. It is about helping a new money to get a foothold. It is about being an early adopter to a revolutionary and risky idea. I'm cool with all that.
So, instead of what others find to be a good entry point, make that decision for yourself. All I have to look at is the current "float" - 11 million is nothing. That is worth taking a chance over.
IF we do succeed then these prices will seem like nothing (do the math regarding the float). If we don't succeed then I'm sure we still took part in one of the greatest experiments in recent history. Think about that - governments and wealthy individuals have always controlled money. This is the first step away from that (that I can think of). Still nice to say, years from now, that you tried to do your part to change things. And if things really take off, we shouldn't lose sight of the fact that it is truly all about sharing. I'm game when that time comes, we are all in this together.
Great post
20.
Post 2140862 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.58h):
Looks like a clam about to close. What happens when the ask and bid lines are vertical and less than $1 apart? High noon showdown?
They just keep going and switch sides until they circle back again
21.
Post 2141395 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.58h):
The last time we experienced some stability, the price was $13... we all know what happened after that...
yeah it stayed there for 5 months
And since we are currently 9 times that price, it should take 1/9 as long to explode.
The less you think about it, the more it will make sense.
22.
Post 2152917 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.58h):
My favorite sound
23.
Post 2152988 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.58h):
Silly question: If the DHS seized the mtgox account @ dwolla, then why wouldn't they seize coinbase or any other american exchange? The end goal for the DHS is the same, you can use coinbase to buy btc and gamble illegally so basically it's the same...
Are we going to see more court orders for other exchanges?
Some are speculating that it is likely due to KYC or other business regulations that Mt.Gox may not have been complying with
24.
Post 2153628 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.58h):
Woke up from a nap and I'm like...huh??
Shouldn't we be sub 100 right now?? Is someone just pumping this up to dump it in a few??
/scratches head
Now seems like a way to uncertain time for a pump and dump. Might pump and have it crash before the dump.
There has been some good news recently that has been put in the shadow from this whole dwolla debacle. IMO this will help take us off of Mt.Gox's leash, could be a very good thing
25.
Post 2177160 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.59h):
26.
Post 2218988 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.59h):
woooo something happened!
27.
Post 2219063 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.59h):
woooo something happened!
Are you sure?
Most volume we've seen in over 7 hours. Counts for somethin...
28.
Post 2220335 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_10.59h):
now if i could only order a
BTC pizza in canada...
This is BIG BIG news, if it is true. I had imagined most Western regulators would be strong-armed by the US... and they may still might... but nonetheless this is very promising indeed. We need a sane counterpoint to the US' War on Everything We Can't Track, and we might just have it right here.
This is truly big news (again). They just keep coming and coming - that might describe the Bid rise in the charts.
The thing is, we only need this "liberal" kind of policy for a year or so - just enough time for BTC to get its foot in the door. Once it catches on... Game over!
Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need?
29.
Post 2229664 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
Haven't seen one of these posted in a while:
30.
Post 2231463 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
Almost 1k to get to 22 and some big market buys just happened. Things are looking good!
31.
Post 2237438 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
These askwalls and bidwalls seem far too high considering there's such low volume.
I wonder if this is a kind of DOS against Bitcoin itself.
Someone with enough USD and BTC on the exchanges could create an artificial situation like this and pull the plug either way whenever they feel like it.
This. These walls are way too coordinated.
Who would be selling right now, when Bitcoin is so obviously getting geared up to go?
So what are you guys suggesting the purpose and thus end result would be? Speculating of course.
Ares' tinfoil hat thesis:
Satoshi, with his massive holding of coins, is keeping the price
down stable until he sees an infrastructure that warrants new ATH prices. This will minimize violent rises and crashes, and make Bitcoin look much more viable.
32.
Post 2237505 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
These askwalls and bidwalls seem far too high considering there's such low volume.
I wonder if this is a kind of DOS against Bitcoin itself.
Someone with enough USD and BTC on the exchanges could create an artificial situation like this and pull the plug either way whenever they feel like it.
This. These walls are way too coordinated.
Who would be selling right now, when Bitcoin is so obviously getting geared up to go?
So what are you guys suggesting the purpose and thus end result would be? Speculating of course.
Ares' tinfoil hat thesis:
Satoshi, with his massive holding of coins, is keeping the price down until he sees an infrastructure that warrants new ATH prices. This will minimize violent rises and crashes, and make Bitcoin look much more viable.
My theory is that someone is artificially propping the price up while attempting to sell a huge amount of coin.
There has been an overabundance of good news, and i've watched ask walls start to get eaten real quick only to be shot down with a huge market sell. If it really was someone looking to dump a lot of coins, I think they would let their progressively higher ask walls get eaten, instead of bitchslapping every rally attempt.
33.
Post 2242109 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
Yeah, that was pretty hysterical, I was cringing almost the whole way through.
I can't watch the video atm, but does he still have the terrorist looks and shouting "bitcoin ïs everywhere everywhere everywhere, and getting more powerful everyday" ...should sell before the September convention...
ya, thats Amir Taaki.
what can we do, hes just too badass for these interviews.
we must consult the charts and graphs
34.
Post 2242143 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
Conspiracy theory # 1337: Mt.Gox is artificially holding the price stable until their new platform is released and can handle the volume associated with the coming rallies/crashes
Speaking of which, anyone know when the platform is supposed to be released?
35.
Post 2252149 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
36.
Post 2253484 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
There we go
37.
Post 2273185 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
887 buy wall at 131.82
38.
Post 2273225 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
887 buy wall at 131.82
1,115 BTC now. Plus 600 BTC purchased. Should be heading up a little.
And it's the weekend.
Should be an interesting week ahead (wish I had a satoshi for every time that was posted on these forums lol).
39.
Post 2278894 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
Could it be that the wall at bitstamp is keeping the price down at mtgox too?
Hard to buy coins at 135+ when there's 2000 of them for 130 right next door
40.
Post 2279675 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
Lol @ Coinseeker's attempt at damage control. "Lol, people don't argue with me because I constantly say dumb shit; they do it because, like, they totally have contrary beliefs and stuff."
Do you realize how silly it is to claim that what you say is "calling it like you see it?" Do you see any people saying "What I predict is just made up" or "I don't really believe what I I predict" or "I don't call it like I see it." It's redundant to say that you believe that what you say is accurate. It's like a restaurant telling me that they think their food tastes good because they know good food and they call it like they see it. Ain't no point to a statement like that.
Coinseeker the Restaurateur to his patrons that don't like his food: "Look, if I see good food, I'm going to call it like I see it, and I will speak on it. Even though my reasons are justified, I'll still get accused of making disgusting food, because my opinion of the food I gave you is just contradictory to what you food-h8ers believe."
41.
Post 2290002 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.00h):
Well sure, but then previous transfers shouldn't be affected by the USA's holiday.
Perhaps something is required on the US end the day Japan accepts the transfer. So even if the wire was sent on a non-US bank holiday, it can't be completed on the day of a US holiday.
Not sure though.
42.
Post 2302929 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
43.
Post 2347038 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
yay bitcoins back
44.
Post 2347194 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
Next test is $115?
no DDOS, dump looks to be over, no more panic selling... that 800 wall at 119 I suspect will hold. Unless the guy dumping isn't finished
45.
Post 2347253 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
Well after that big panic, there aught to be a lot of itchy trigger fingers with a lot of fiat just trying to break-even.
You think the panic is over?
Yes. Panic and extreme caution are 2 different things. One acts, one waits to act upon a catalyst.
46.
Post 2347287 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
Well after that big panic, there aught to be a lot of itchy trigger fingers with a lot of fiat just trying to break-even.
You think the panic is over?
(...) One acts, one waits to act upon a catalyst.
Price dropping is a catalyst.
Which triggered the panic. We are now post-panic, and require a new catalyst to go lower. It won't just slowly drop.
In my opinion, of course.
47.
Post 2347344 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
Oh, by the way... hourly EMAs crossed.
Anyhow, going to bed now. I'm eager to see how this will turn out!
Same. Fun sharing the ride with ya!
Night all, dont get too crazy on me while i'm sleeping!
48.
Post 2347444 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
LMAOOOOOOOOOOOOO
49.
Post 2355658 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
What is likely going to be the bottom? 64? 80? 103? 110? 113?
0.0001? 0.001? 0.01? 0.1? 1?
I'm confused as to why this graph is generating so much panic in the forum today...
http://i.imgur.com/YbMyqyp.png?1Yes, and this:
50.
Post 2355775 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.01h):
At least we'll have chart buddy for company
51.
Post 2365870 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.02h):
52.
Post 2365923 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.02h):
Looking at past action, you would always do well to hold (unless you can call those tops and bottoms like a pro - but do you want to get caught with your pants down considering what we are talking about with BTC?)
Interesting...
If really you want to be the careful type, shouldn't you wait on the sideline with your fiat ready, as price has a tendency to fall faster than going up?
It depends, do you want to exit on sideways movement and pay capital gains AND maybe see it go up and not down? And, it already went down hard - you are betting the correction is NOT over. We don't know.
It sure may go down, it is like we are between movements, but do you want to chance it?
The good thing is that a great announcement is innevitable and the longer we sit the better we are.
Of course a bad announcement may come, but we've withstood a few hard ones fine. But another Cyprus probably means another run up and there are a lot more Cyprus' out there than DHS'...
We got guidance from the government and watching the news and researching shows that our economic system is NOT looking good. See Ireland, Greece, Italy, Spain, Japan, etc.
The last point you made is why I'm not comfortable going to sleep with fiat on the sideline. There are so many opportunities for GREAT news, and decreasing room for significant bad news (imo). The good news (for Bitcoin) could range anywhere from failing fiat systems to big companies getting involved in Bitcoin and I think the first mover advantage is too big of an opportunity for a lot of companies to put the idea on the back burner for long.
53.
Post 2386355 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.02h):
Chart on bitcoin.org backlinks. Take from it what you will
54.
Post 2386549 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.02h):
Chart on bitcoin.org backlinks. Take from it what you will
The hype is over?
Déjà vu.
Here's the bitcoin reddit subscriber growth chart
take that, biology
55.
Post 2386562 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.02h):
And mention of Bitcoin on twitter in the past month:
56.
Post 2386645 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.02h):
Here's the bitcoin reddit subscriber growth chart
Do you have the same but for more than a month?
Can't find a way to zoom out, but try your luck:
http://stattit.com/r/bitcoin/
57.
Post 2417305 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.03h):
Seems to be a lot of patience on the buyers side. Put up a big wall and wait for a big seller to make an exit.
Almost... too patient
*puts on tinfoil hat*
58.
Post 2488951 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.05h):
Antigravity! That's got to be bullish!
From the ruler: "Help Smokey Prevent Wildfires"
In case you weren't aware, this is smokey..... The bear:
This literally couldn't be a more bearish sign
59.
Post 2507071 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.05h):
Most of you guys are crazy. Every time the price goes down, "all is well". Any bids or upward movement.... "OMG manipulators".
Ha! Thinly veiled attempt at trying to manipulate the market upwards with this post.
Nice try, BitPirate.
60.
Post 2516745 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.05h):
Someones gonna do itttttttttttt
61.
Post 2516791 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.05h):
Got consumed.
62.
Post 2533295 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.06h):
Dear Bitcoin,
I will be gone for a few days and will be away from technology. Please don't do anything fucking crazy while i'm gone.
Love,
Ares
63.
Post 2600470 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.07h):
^ Gox just put a full page ad in the g8 summit.
If they were "fucked" I doubt they'd spend the cash to do that. Unless you think something very significant changed in the past week.
64.
Post 2651609 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.08h):
gox release followed by a rally from 72 to 80. well timed bull trap.
It doesn't seem to make sense. All this update did was say that it's not safe to sell your Bitcoins on Mt.Gox which should lead to a lot of people who were holding out to now say "k, now it's safe to cash out" and dump.
This seems like a bull trap founded in an irrational understanding of the press release.
65.
Post 2658253 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.08h):
Very very cool. I'd like to see how this plays out. Many have said it will be in the 2nd and 3rd world nations where BTC gets traction first.
In my opinion this kind of news is extremely interesting, and while it's neglected by many, its potentially more bullish than any ETF. Underdeveloped counties can play a fundamental role in future currencies and stores of value.
In a sense we need a killer app of some type. This could be the start at least in another country. We only need things to start taking off in one location and then the organic nature of BTC (, developers and the VC's) can take over.
My concern though, with something like this is the volatility of BTC. That is not a problem if you are using Bitpay or the like, but for BTC to work in these countries I would think there needs to
be some form of stability, UNLESS the inflation rate there is more risky than BTC (e.g. - Argentina).
Can you imagine if this "app" takes off AFTER we correct and people in poor nations are locked into something deflationary and rising quite steadily in price?
IAS
At the moment though, and it hurts to say, btc is still almost exclusively a financial platform, a very speculative one at that. Not nearly ready to go helping the 3rd world.
I don't know about that:
https://bitcointalk.org/index.php?topic=250338.0This is a huge step in the right direction.
Edit: didn't realize your response was in regard to that same news. However I stand by my point.
66.
Post 2679212 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.09h):
What do you guys say? back in or stay out?
Waiting to see what happens with this 80 wall
67.
Post 2710513 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.10h):
upupupupup!
68.
Post 2784999 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.11h):
69.
Post 2799621 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.11h):
Nice 1.7k buy just now
70.
Post 2799699 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.11h):
First it's important to note that Ripple is not a currency, it's a global payment network that costs virtually nothing to use. Within this payment network you can use any currency you choose. USD, EUR, YEN, BTC, LTC, PPC or any other currency there is liquidity for. I say this because it's important to know what you're investing in. It's not Bitcoin. It's a true protocol like http, not a single crypto currency.
Is Ripple actually gaining any traction as a payment network?
I've yet to see a single business accepting XRP or payment through Ripple network, or hear about any major/regular transaction going through it..
Are there any stats about this out there?
It's not, and it shouldn't.
It is closed-source, centralized, has a currency called XRP that is 100% premined and in the hands of the creators, and the whole thing is owned by a for-profit company.
71.
Post 2812686 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
Someone finally sold through the 96.0 wall.
But it surprisingly hasn't dropped far. There is some confidence here.
looks like they pulled an ask wall somewhere to do it too:
72.
Post 2813057 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
uh oh
73.
Post 2823138 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
74.
Post 2823260 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
So it would seem...
75.
Post 2824444 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
Conditions are looking good for a sizable bull trap from here. Let's see if the bulls' wallets are as big as their mouths.
Either way... you might want to change your sig!
76.
Post 2836831 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
there is little depth on the bid side, a 5k BTC dump would send us back to 104.
just someone wants coin really bad hitting up all the ask.
If they wanted it really bad they could have just put a wall up at 108 or lower and let it get eaten away at, because there's no reason to suspect it wouldn't. This seems more like either multiple whales fighting for coins, or someone with inside information that is in a rush to get coins.
Also, I think it's inevitable that of the almost 200 countries in the world, some of them are going to wake up to Bitcoin and have the funds to just mow down on them just like this and potentially put themselves at a massive financial advantage in the future. Kinda surprised it isn't already happening. For the cost of one fighter jet you could get yourself quite a few shiny bitcoins.
77.
Post 2836850 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
there is little depth on the bid side, a 5k BTC dump would send us back to 104.
just someone wants coin really bad hitting up all the ask.
If they wanted it really bad they could have just put a wall up at 108 or lower and let it get eaten away at, because there's no reason to suspect it wouldn't. This seems more like either multiple whales fighting for coins, or someone with inside information that is in a rush to get coins.
Also, I think it's inevitable that of the almost 200 countries in the world, some of them are going to wake up to Bitcoin and have the funds to just mow down on them just like this and potentially put themselves at a massive financial advantage in the future. Kinda surprised it isn't already happening. For the cost of one fighter jet you could get yourself quite a few shiny bitcoins.
...? Yesterday bid walls were put up at 100 and high 90s after the rise.. and only about half eaten. Do you really think a bid wall at 108 would be eaten? 1k at 107 hasnt been touched. 109 got ate. And then the buyers continued.
There is no selling pressure atm.
109 got eaten fast, which means that if this was just one single person, they wouldn't be buying into walls, but rather just re-filling their 109 wall.
78.
Post 2837338 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
Sold at 90 and bought at 110.
I think I'm doing it wrong.
I disagree. You had some Bitcoins at $90, now you have some Bitcoins at $110. Winning.
79.
Post 2858474 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
For the bulls:
It's a longshot, but we might be in the mother of all head and shoulders:
The plot thickens...
Very good spot! Strong resemblance
80.
Post 2862663 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
that guy on reddit is just a troll trying to raise the price in his favour
I also think so.
we have to ask ourselves the question, what would paypal gain right now by accepting bitcoin as a form of payment?
Right now I think they'd would loose a lot. They obviously can't take 10% fees from bitcoin. People would think that it's a ripoff.
Them adopting
BTC would cause massive adoption by businesses and they'd loose a lot of revenue from fiat.
Maybe in 5 years. Not too fast [to keep revenue high], not too late [to still be in business when fiat starts dying].
The longer they wait, the longer companies like BitPay gain market share. Secondly the longer they wait, the longer they risk some other big-name established company coming in and taking over the Bitcoin payment scene (or partnering with BitPay). Thirdly, working with Bitcoins would open the door to in-store revenue for paypal (picture every brick and mortar store having a paypal bitcoin machine at the cahier desk). Fourthly, it would open to the door to more global opportunities in countries where their current system isn't being used, as well as put Western Union and Moneygram out of business with paypal's bitcoin-remittences. Lastly, and I don't know the legality of this, but if they own a bunch of Bitcoins, they could make a ton of money off the price increase that would come with their integration as well as the furthered adoption it would bring.
81.
Post 2862746 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
Merchants want fiat not BTC. Unless paypal merchants can receive BTC payments in USD, it will mean nothing. The only other benefit is people can buy BTC with Paypal. Cool addition but hardly an earth shattering update. Even if such rumors were true, any rise in value would be little more than a speculative bubble if its just BTC -> BTC transactions. My $0.02.
You mean sorta like exactly what BitPay does? Of course Paypal would include that option.
82.
Post 2881513 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.12h):
Tuesday evening and clark moody is telling me 11k total volume... I believe that is for past 24 hours. Not possible. My eyes are lying. Can anyone confirm?
Indeed, Gox has seen incredibly low volume lately.
Does anyone know of a site / service that tracks overall exchange volume, including services like Coinbase? I'm not sure they even release numbers, come to think of it.
Mt Gox is now significantly delaying deposits of incoming wire transfers (link). I can't buy bitcoin there even if I want to despite sending a wire over a week ago. Seems like you can't get anything in or out of there. I suggest they change the name to Fort Gox...
https://support.mtgox.com/entries/21692589-Changes-to-Deposit-Transfer-Procedures-This would be a PERFECT time for Coinsetter to open its doors. I would hate for them to put it off just a little longer to polish things up only for gox to then go "k guys, everythings back to normal" and Coinsetter becomes another exchange to spend half a day on the front page of reddit and then never be heard from again. From what I hear it's in closed Beta, so even just making it an open Beta would capitalize on this glorious opportunity.
83.
Post 2895411 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.13h):
Whats up with the bid sum spike? I dont see any megawalls
me neither... there's a 9k wall at 90 which I don't remember whether or not was already there. But where'd the rest go, that's a 20k jump.
84.
Post 2896310 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.13h):
Whats up with the bid sum spike? I dont see any megawalls
[img width=200]http://blockchained.com/depth_mtgox_15d.png[/img
me neither... there's a 9k wall at 90 which I don't remember whether or not was already there. But where'd the rest go, that's a 20k jump.
The bid sum is measured in dollars (kUSD - green numbers on left).
...I was just testing you...
85.
Post 2929248 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.13h):
Maybe a third sub-sub-wave will hit 110, but I doubt it will eat the wall.
Anyway, it's 3.30 am and I have to go to sleep, so I'll miss the action (if any).
nom nom nom
86.
Post 2929946 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.13h):
87.
Post 2933613 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.13h):
I hesitate to even posts charts anymore because it's always a question of "is it just because of the gox issue", but:
88.
Post 2933671 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.13h):
just gtfo. we are going to the oort cloud and beyond.
The parabolic sar switching to the underside means Bullish...
89.
Post 2943480 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.13h):
Online poker slowed down after UIGEA but didn't die... far from that. The US is not the center of the world. Europe, Canada, Russia and maybe Asia, central/south america is getting pretty big.
The UIGEA passed in 2006. They didn't shut down the poker sites until 2010. I'll never forget the day I went to pokerstars.com and there was the FBI badge staring me in the face saying the site had been seized. So ya, poker in the US is now effectively dead.
However, thanks to lobbying efforts by the Poker Players Alliance and others, some states now allow it and there is federal legislation allowing it pending.
I don't think the US gov shut down online poker because they are against it, but rather because it was a billion dollar industry and growing that was dominated by European companies. So what do they do? Ban it, then allow it back once the infrastructure for a US dominated industry in ready.
Bitcoin could put the US in a great spot if they play it correctly, so it's a bit of a different scenario.
90.
Post 3008459 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
This much upwards pressure is a very strong sign on a Sunday, seeing as how it is driven by very limited funds. Once deposits start processing on Monday, expect a really good week.
I assume you aren't referring to USD deposits on Gox, correct?
91.
Post 3008872 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
This much upwards pressure is a very strong sign on a Sunday, seeing as how it is driven by very limited funds. Once deposits start processing on Monday, expect a really good week.
I assume you aren't referring to USD deposits on Gox, correct?
Oh shit I forgot this was a mtgox thread. I meant on the real exchanges, where you actually exchange..
lol not sure if you're being sarcastic or not, but in case you are, yes this actually is a mtgox thread, it's in the title.
I suspect with the meeting involving the Bitcoin Foundation and the US officials from various parts of the government tomorrow and then the congressmen Tuesday, people will probably hold off a bit until they hear how those meetings go.
92.
Post 3010454 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
This much upwards pressure is a very strong sign on a Sunday, seeing as how it is driven by very limited funds. Once deposits start processing on Monday, expect a really good week.
I assume you aren't referring to USD deposits on Gox, correct?
Why do you assume he don't refer to USD deposits on Gox?
Because USD deposits and Withdrawals have not been allowed on mt.gox due to "banking problems" for like 2 months.
Chat buddy got a 7-combo on this page. New record?
93.
Post 3015990 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
trades like these do not happen out of the blue unless based on inside information. I bet we hear some big news tomorrow. Either positive or negative news may result in huge sales. The former is self-evident, as traders generally assume uptrend on positive news. The latter is more unique to gox because traders want fiat out and only way to do that is buy btc (lol).
can't wait for tomorrow
+1 exactly what I was thinking. The timing after the conference today is very interesting
The only way I think that might be wrong, is if we see a big dump on another exchange(s) soon.
That would imply the "insider" knows something bad and is packing up out of gox and dumping his coins on an exchange where he can transfer out his money.
94.
Post 3016033 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
trades like these do not happen out of the blue unless based on inside information. I bet we hear some big news tomorrow. Either positive or negative news may result in huge sales. The former is self-evident, as traders generally assume uptrend on positive news. The latter is more unique to gox because traders want fiat out and only way to do that is buy btc (lol).
can't wait for tomorrow
+1 exactly what I was thinking. The timing after the conference today is very interesting
The only way I think that might be wrong, is if we see a big dump on another exchange(s) soon.
That would imply the "insider" knows something bad and is packing up out of gox and dumping his coins on an exchange where he can transfer out his money.
Or they simply store the coins outside the exchanges until the storm settles
I was implying that they wanted to get out of any exchange related to the USD AND get out of Bitcoin due to them knowing bad news and an incoming drop.
So far so good though.
95.
Post 3016599 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
What just happened?
Someone heard some good news before we did? At least i hope that's the case.
Probably good gox news that's not public yet....
If it's Gox news I would rather guess it's bad news.
Maybe, but there was a big meeting with the US government yesterday. Maybe something positive came out of it.
I don't understand why the Bitcoin Foundation is being silent on this. Seriously, can't one of them just tweet "meeting good", anything? Very frustrating, and frankly insulting.
96.
Post 3016621 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
What just happened?
Someone heard some good news before we did? At least i hope that's the case.
Probably good gox news that's not public yet....
If it's Gox news I would rather guess it's bad news.
Maybe, but there was a big meeting with the US government yesterday. Maybe something positive came out of it.
I don't understand why the Bitcoin Foundation is being silent on this. Seriously, can't one of them just tweet "meeting good", anything? Very frustrating, and frankly insulting.
maybe they are buying those bitcoins now before they tell...
So are all of them just selfish insider traders? I would like to think otherwise. Fortunately, if there was some devastating news, I would expect at least one of them to have the conscience to come forward with it, so I THINK we can rule that out.
97.
Post 3016638 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
What just happened?
Someone heard some good news before we did? At least i hope that's the case.
Probably good gox news that's not public yet....
If it's Gox news I would rather guess it's bad news.
Maybe, but there was a big meeting with the US government yesterday. Maybe something positive came out of it.
I don't understand why the Bitcoin Foundation is being silent on this. Seriously, can't one of them just tweet "meeting good", anything? Very frustrating, and frankly insulting.
Maybe frustrating, but it's not insulting. Maybe they need time to digest with their lawyers about what everything means.
I'm sure they could give us some indication as to the general outcome of the meeting without a lawyer. The future of a lot of people's finances and businesses are riding on this very issue. Maybe Gox has ruined all my tolerance for silence on important issues, but I still think some comment would be appropriate.
98.
Post 3016671 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
Holy shit dude, what just happened!? This is like the kind of movement we had 5 months ago. I didn't expect to see us make a break for $140/150 until at least December. Does somebody know something I don't? My eyes just about popped out of my head when I looked at my phone just now. I immediately opened my laptop and opened all of my charts and indicators 0_0 ALL HANDS ON DECK!! THERE BE WHALES IN THESE WATERS!!
As a side note, why did he make his purchase like this? Seems like he would lose a lot in slippage. Is this market manipulation?
Yes.
The Bitcoin Foundation met with various US Government agencies today to discuss Bitcoin. We haven't gotten word on how those meetings went, but there are definitely people out there who know things we don't.
Whether those things are good or bad is still up for debate. One would want to lean towards good, but considering the Gox withdrawal issues with USD, this could be people "in the know" getting out of there asap because of incoming bad news.
This week will be interesting. Like it always is. Bitcoin.
99.
Post 3016755 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
Ok, I found this - looks positive, but it's only really soundbites, not a full report. Still better than nothing!
http://upstart.bizjournals.com/money/loot/2013/08/26/bitcoin-foundation-talks-to-fed-fbi-more.htmlBottom line -
“Entrepreneurs who want to get into Bitcoin should dive right in,” said Vessenes, who serves as the organization’s chairman. “Of all the concerns behind starting a company, regulation should be one of the last.”and -
He described his fellow meeting participants, which also included representatives from the Treasury Department, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the IRS as “positive and open, a bunch of reps from different agencies just wanting to learn about Bitcoin." Adding, "Of course they have concerns but that’s to be expected."I want to marry you.
100.
Post 3016812 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
Ok, I found this - looks positive, but it's only really soundbites, not a full report. Still better than nothing!
http://upstart.bizjournals.com/money/loot/2013/08/26/bitcoin-foundation-talks-to-fed-fbi-more.htmlBottom line -
“Entrepreneurs who want to get into Bitcoin should dive right in,” said Vessenes, who serves as the organization’s chairman. “Of all the concerns behind starting a company, regulation should be one of the last.”and -
He described his fellow meeting participants, which also included representatives from the Treasury Department, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the IRS as “positive and open, a bunch of reps from different agencies just wanting to learn about Bitcoin." Adding, "Of course they have concerns but that’s to be expected."I want to marry you.
I wonder what the banks will make of this... I have a feeling that this is not the last we have heard from the government.
Yeah, i'm sure they have to make some sort of statement on this soon, days / weeks.. (probably days).
Right now, I'm treating this with catious optimism. I mean coupled with those buys this morning and in the absence of official statements, it's left to us to (speculate) put 2+2 together ourselves.
Catiously optimistic.
By Vessenes' lack of a negative statement, we can infer that these recent buys weren't just an insider looking to get out of gox, and dump elsewhere before the bad news gets publicized. It would appear that it was a legitimate buy order. Cautious optimism is always a good bet, but i'm sure if there was truly cause for concern (beyond what is already known), Vessenes' would have said something.
That said, there are still hurdles.
101.
Post 3016889 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
Isn't there a second Bitcoin Foundation meeting today ?
Yes, with congressmen.
102.
Post 3033912 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
Bid side is getting steep again! Another Tsunami on the way?
yes.
Please forgive such a n00b question.. (but I am a n00b!) --
When i see bid depth like this, quite a bit higher than the ask depth - doesn't this imply the simple priciple of supply and demand.
i.e. - there is more demand than suppply... ergo, price will rise??
At least that is what i assume, please correct me if i am wrong, and a quick / simple explanation too if possible,
(I admit to eing a n00b, i admit i know very littel, but i also want to learn)
Yes and no.
While the law of supply and demand is certainly the driver behind the Bitcoin price, you have to also consider that a lot of people don't have their coins or USD on the exchange right now and that graph only represents people who have staked their position.
What really changes the price of Bitcoin in these early days are the whales (large BTC holders/wealthy individuals). Once you think you know where things are going, a huge whale will splash in out of nowhere and change everything.
Just look at this recent run-up. Nothing on that graph indicated it, and all that happened was some whale came in and bought up a ton of coins out of nowhere.
Right now the Bid depth does indicate buying pressure and thus a higher price, but there could be someone just waiting to put in a massive sell order, changing the whole game. I find this unlikely though, because the (so far) positive talks with US regulators is a HUGE step in the right direction and brings a lot of confidence.
103.
Post 3053404 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
That would work if they all collaborated. It's a whale eat whale world out there.
104.
Post 3054645 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.14h):
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.
in case you missed it..
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.
Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?
Wish I could.
Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like
Richard Bove or
Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.
And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.
If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).
This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!
There's a few others here that know exactly what's in the pipeline.
<insert image of bull here>
You are also involved with this project, Phin?
A storm blew down one of my apple trees by the railroad tracks today.
I'm good with this shit.
A storm blew down your apple tree.
Makes it easier to pick the apples.
The Polar Express is on a railroad track.
The Polar Express goes to the north pole.
North pole is on top of the world.
Bitcoins will be easier to get and on top of the world.
105.
Post 3085130 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.15h):
If only you guys just received the call I did. I would be buying if I were you.
"Adam, this is Mike from eBay and we would like it if you could call me back. As a seller of bitcoin on eBay we would love to get some feedback and input about your experience with bitcoin as we work to incorporate it into eBay"
After I called him back and we had a nice discussion he closed the phone call with "well we are just trying to wrap ourselves around it and want to try and stay ahead of the curve just like I think most larger corporations are right now, thank you for your time."
For any doubters my eBay user name is Jamsolid101 you can see that I was a very active seller of Casascius coins. I imagine contacting their users who actively sold bitcoins on ebay is the first step in their leading upto determining whether or not to actually incorporate it.
There may be some bounces coming but if eBay signs on for BTC there is one very large very green upward movement coming.
You heard it here first. 9/4/2013 eBay is moving toward utilizing and/or allowing bitcoins to freely be bought and sold and/or incorporating it as a payment method via PayPal.
"Mike" from EBay asking you about the anonymous cash of the interwebz? And you didn't ask him his last name and position in the company?
Sounds good btw
Michael Carson Senior Manager, Global Policy and Regulatory Management at eBay.
If John K. is willing I will provide him with Mikes phone number and he can call to verify they are moving in that direction. I obviously will not post his direct line here. I'm sure we can all agree that John K. Is trustworthy enough to verify what I am saying is legit.
do it
This hasn't been confirmed as legitimate or anything, and I don't want to start a speculation fury, but there was this video posted about a month ago on reddit (not by anyone official, I don't believe, or even affiliated with Ebay or Paypal, or at least there was nothing posted to prove otherwise).
Have a look at the end and who made it (supposedly):
http://www.youtube.com/watch?v=PrK-152xfy0
106.
Post 3085453 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.15h):
the value of all outstanding bitcoin is well over 2 billion dollars
I guess they don't plan on officially releasing the video till they have accumulated their stake in bitcoin.
cool
One other possibility is that the video was put together in April, when Ebay/Paypal was actually talking publicly about bitcoin and the outstanding value WAS around 2 billion dollars.
but the guy said the video was posted about 1 month ago
have no fear, ebay whales will save us and push the market cap well over 2 billion dollars before publicly endorsing them.
oh joy!
lol!
Well the upload date says August 20th, so apparently I was off on when it was posted. Regardless, a video like that certainly takes some time to produce, and they also must have done the research back when it was 2 billion.
Or they're gonna buy it up to 2 Billion, incorporate it into their business model, and set course for changing the world of online payments. To da moon!
107.
Post 3085906 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.15h):
Going back to the "mike from ebay" thing: nightowlace story didn't seem a lie to me, I was just amazed that he did not ask more info (last name and position) to the guy making the questions - now I see he did.
Nevertheless, I still cannot understand how Paypal/Ebay could be seriously thinking about integrating Bitcoin - it's totally against their interests. Come on: irreversible transfers, decentralized currency, pseudoanonymity? It's a Paypal antagonist, I really cannot see how they could support BTC, it is completely opposite to their philosophy - in fact, aren't Paypal and Ebay jerking around with people dealing with BTC?
As I said when I saw the CEO of Paypal speaking about BTC: I'm very sure those guys are looking closely to BTC, but IMO they would develop their own proprietary crypto, they wouldn't embrace BTC as it is.
It'd be like Toyota investing in Tesla!
oh wait:
http://www.bbc.co.uk/news/10138918 When a new technology has the potential to make your business model obsolete somewhere down the line, it's not always a bad idea to join in to some degree as a hedge against that scenario.
If they don't get in, then as Bitcoin continues to take off, they may find that BitPay and Coinbase already have contracts with all major retailers and PayPal would be kicking themselves for not getting on top of things sooner. Even if Coinbase and BitPay only get a small-medium marketshare and Paypal comes in late and picks up the rest, that's still profit that PayPal would be missing out on.
108.
Post 3154483 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.16h):
Does trading.i286 and clarkmoody work for anyone here? They load for me and depth updates, but no live trades show up. Bitcoinity/bitcoinwisdom work fine
been having this problem for about a week now
109.
Post 3236853 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.16h):
lol this
Why you wouldn't at least wait til the morning to see the impact this news makes is beyond me.
110.
Post 3240909 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.16h):
Anyone who sells a single Bitcoin right now is a complete moron. There is a truly limited supply which doesn't exist anywhere else in the investment world. When the institutional investors get their hands on them, (which they have been unable to do until today) they won't be selling them back to you or putting them on these amateur exchanges. They could easily buy every Bitcoin on all of the exchanges in a couple of days. When the price goes to $1000, it could happen overnight and your tiny $200 ask price will be eaten on the way up. You haven't seen a real whale yet.
111.
Post 3241224 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.16h):
Bitcoin will go up...
Once all y'all are convinced it will go down.
and vice versa: it will go down when all are convinced it will go up.
That's usually how it works.
Can't wait for the drop when paypal announces they will be incorporating Bitcoin.
112.
Post 3244344 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.16h):
3min lag...
and 4 min! can i get a 5? 5 min? 5 minutes, going once....
113.
Post 3258935 (copy this link) (by Ares) (scraped on 2020-04-04_Sat_11.16h):
According to
http://btckan.com/price btc100.org a chinese exchange has done 111706.36 in 24hrs.... which is hard to believe....
Almost certainly BS.
Many of the Chinese exchanges have zero fees - also the withdrawal frees are in the zero-point something area. Very little price difference is enough to arbitrage the shit out of the CNY market.
No trading fees? Really? Where? What is the spread like and do they have a chart and order books? Sounds like a daytrading gold mine (for small players).
What is the point of running an exchange, with no fees. Where does the exchange make money?
From the one that I saw, it was a limited time promotion. Though I believe its still going on
