All posts made by Biro Bob in Bitcointalk.org's Wall Observer thread
1.
Post 2014953 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_10.55h):
How did you guys get into the forum ? Ip address trick like me, or are the proper dns records finally propagating ?
Yep. IP Hack here too. I heard a that new address will be
http://bitcointa.lk although I can't confirm it.
2.
Post 3662057 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.27h):
Historical highs and lows compared using rpietila's trendline:
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
This looks interesting - but what does it mean?
3.
Post 3662493 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.27h):
I'm not convinced of this break out, yet. Very low volume.
Me neither, just sold other 1/12 so i have sold now 1/6 avg at 608 (stamp) in this rise. Just in case, because I don't have any wealth other than coins and now little bit usd.
I think it's a bit too erratic and the volume/fluctuations are just not high/low enough to worry about. I sold a few just under $600 at BTC-e to give me some $$$ to play with.
4.
Post 3694634 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.28h):
Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$
Rule number one on bitcoin : do not sell on weekends.
I've been buying since Feb this year. My last batch at $740 may not have been the best price, but they're certainly better off in Bitcoin than my bank. The last two times I sold to buy in lower during this rally resulted in a loss - so time to switch off the computer and forget about them.
I didn't lose any USD - but I did lose BTC. If you don't need the USD right now, leave them alone!
5.
Post 3796946 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.31h):
I only just realised I could login by clicking the "Log In" box. Good to be back :-)
6.
Post 4023723 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.41h):
It is all just luck, remember. Nobody can predict the future.
7.
Post 4025545 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.42h):
I don't know if you guys have noticed, but BTC-e is now the leading exchange, both in volume and action.
I made three transfers to BTC-e using OKpay since last night. One last night - lost in transit. One this morning - arrived in my account. Another one a few minutes later - lost in transit.
They've done this to me before (in November) during the rally - my deposit went missing for three days (costing me some BTC during the rise from $307 to $370) and they're doing it now.
Is it possible that BTC-e selectively temporarily lose transactions during rallies and crashes? (or am I just paranoid?)
To their credit - they usually find the money again within 72 hours (but they don't respond to the ticket at all before then)
8.
Post 4025646 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.42h):
Rpietila should have made that bet with goat
I think people will stop making fun of him now.
Sadly. I believed him... but that didn't stop me buying more @ 770 and 955 .. just in case
9.
Post 4126729 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.46h):
10.
Post 4153050 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.46h):
just bought back with huge loss from 720 wall, im now 10/90
if you just listned to me when I said buy back at 620-650, I also bought at a loss but I still made 20% profit which I didnt want to lose all, and you know if you hodl few weeks you might be very happy of how things will turn on... I think the price will skyrocket at Q1 2014 if the official US statement will be positive which is already looking to be.... (
https://bitcointalk.org/index.php?topic=385149.0 ) watch the videos
well im a stubborn idiot at times, this rise just came and surprised me badly
Me too. Haven't bought anything from the 11th December until today. Bought a little bit @ 690 and 710 (BTC-e)
even now.. I'm still sitting on the fence.. (hodling 90/10)
11.
Post 4188359 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.47h):
I'd much rather have 5 rpietila guys posting wrong analysis than the 5 noobs who focus on character bashing, and add no real value to the forum.
+1
12.
Post 4188401 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.47h):
It's so boring right now.
I started mining Dogecoins LMFAO. 1150khash
If it just slightly bubbles and goes up to a worth of around $0,0789 I'd be happy with the rate im mining now.
Haha! Dogecoins. I set it up on a spare 1&1 server last night (using cpu mining) but getting a pretty poor result (200 so Doges in 12 hours)
Its the first time I've tried mining anything (and it's not particularly profitable)
13.
Post 4394080 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.53h):
Hi guys,
I think there is a need for a thread where people can get up to speed with the latest news (especially when you came back from holliday or after a busy period at work), without having to dig through hundreds of posts, so I created this thread:
https://bitcointalk.org/index.php?topic=405268.new#newhave fun !
That's an excellent idea as I have trouble keeping up :-) even this evening I decided to skip 20 pages.
14.
Post 4415408 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.53h):
I just tried to use overstock in the UK and bitcoin was not available.
15.
Post 4770687 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_11.59h):
There is a high probability that Gox will be rescued, bought out or bailed out the way smaller exchanges were rescued in the past, but what is clear now is that Mark is running it into the ground. it still claims to be the world's largest exchage on it's home page, for Chrissakes. This is obviously, undeniably, verifiably false and does great harm to their credibility.
I think that even if Mark stepped down and allowed a qualified CEO run Gox it would have give a significant confidence boost to Gox customers. Whilst he remains in the driving the seat, it's not going to improve.
I only used Gox once (during May 13) when BTCE temporarily stopped taking OKpay deposits. I deposited via Okpay and managed to withdraw my BTC within minutes.
16.
Post 5125426 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.08h):
For what it's worth - I just withdrew 13 BTC from BTC-e and it appeared in the Blockchain almost instantly.
17.
Post 5125586 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.08h):
For what it's worth - I just withdrew 13 BTC from BTC-e and it appeared in the Blockchain almost instantly.
is that a surprise? why is that a surprise?
Wasn't a surprise to me either. I withdrew 2 yesterday too and I've never had a problem withdrawing BTC from BTC-e, but theres a lot of people in this thread saying you can't withdraw from ANY exchange. As far as I know - Only GOX is the black hole and I don't know why people even care what the price is there.
18.
Post 5823642 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.28h):
Don't you just love online banking….
Sorry
Sorry this service is currently unavailable. Please re-try during operating hours which is Monday-Friday between 8am-3.30pm (excluding public holidays). (HZ1)
19.
Post 6021095 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.31h):
BTC-e has just added GBP but only via OKpay as far as I can see
20.
Post 6184193 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.36h):
If it's not obvious which direction to trade, don't trade. These consolidations are here to give you a break.
I've not been buying or selling since $600. Now I'm just sitting on the fence.
21.
Post 6835386 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.45h):
I like a rally as much as the next guy - but I would prefer slow and steady growth over a sustained period.
....However. There's nothing wrong with a rally every day over a sustained period!
That also works for me.
22.
Post 6835548 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.45h):
I'll tell you what will happen to Litecoin. I owned shitloads of Litecoins which i sold just before they started moving from 2 to 40 dollars or so. Lost out on a sickening amount of money.
I bought a good bunch back last month and now they don't do shit anymore. Of course i can start buying other alt-coins but they will turn to shit the minute i look at it.
Yup! I did that too. Bought them for $1. Watched them rise to $4. Sold them at $2. Bought some at $40 (still got them) - Bought some more at $14 (Still got them)
Now... meh! Wish I'd kept to Bitcoin exclusively!
I'm not going to sell them - I'm just gonna keep them for 12/24 months.
23.
Post 6857857 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.45h):
I'd prefer a log-pumposaurus
It would be too flat, like a crocodile.
A linear giraffosaurus!
24.
Post 6943458 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_12.47h):
We spent quite a long time over $650 in the previous bubble, and I think there were quite a few buyers who expected an easy 'in-out-profit' and possibly used borrowed money or money they couldn't afford to lose. As such I think there will be a lot more dumping/volatility this time on the way up.
These could be people repaying the loans and interest as well as people that couldn't stand the thought that they'd 'lost' so much money and are selling out of relief at getting it 'back' (haha!)
The sooner people accept that BTC 'is' money and a permanent store of value the sooner we stabilise at a much higher price forever (muhahaaha <- evil laugh)
25.
Post 8370161 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_13.05h):
Blah blah 460 blah!
26.
Post 8943126 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_13.15h):
Panic bought, not very proud of myself
Let's see if this was a good move or not.
Whatever, bitcoin itself and fundamentals are pretty strong - Paypal keeping the slow but good pace.
You're not the only one - but I think it was still a good time to buy! Sub 400 was too cheap and this is a big development.
27.
Post 9635397 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_13.34h):
I have seen the future. 10,000 was good.
28.
Post 9854982 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_13.39h):
What's everybody crying about?
Cheap coins man, cheap coins. You were begging for this for months.
Everytime the price dropped 10 dollars the champagne bottles opened and you were "gobbling up" all these cheap coins. So what's the problem exactly?
No problem!
29.
Post 10133892 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_13.47h):
anyone notice the crash?
Which one?
30.
Post 10800386 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.05h):
A slow gentle increase is better than pump and dump
31.
Post 11044338 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.10h):
i'm never buying a bitcoin again. this is clearly the end of bitcoin. its remarkable 230 is holding, but not for long, soon it will crash 30% in 1 hours time.
Is this your capitulation 'sell all the bitcoins' speech?
32.
Post 11044467 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.10h):
Does anyone else think that Bitcoin is losing its appeal because its anonymity is being called into question and people are gambling on other altcoins with better anonymity?
33.
Post 11859910 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.20h):
01100011011000110110110101100110
34.
Post 12029956 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.22h):
That thread is very interesting. thank you.
35.
Post 12233535 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.24h):
I'm a wide eyed crazy believer and this just means I can buy back the 10 BTC i lost playing with ETH much cheaper :-)
...silver lining and all!
36.
Post 13228223 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.37h):
37.
Post 13274751 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.38h):
What happened to the 'Thursday is Dumpday' rule?
38.
Post 15525909 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.55h):
I'm going to bed. All this halvening excitement is too much. Good night everyone.
39.
Post 15552208 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_14.55h):
In the past when volume has been this low and price hovering in the same place, the price normally falls. In this particular case, with the 1800 coin reduction in daily supply, I'm not taking that risk and anyone selling under $650 has massive balls.
On a different note, I'm glad I'm not a miner with one of those 'superfarms'. Their 50% drop in income overnight makes the 10% Brexit affect on the pound look trivial.
40.
Post 17618021 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.02h):
Problem is that early bitcoiners think in hundreds of dollars. Move that decimal place and $9.18 = $8.87
41.
Post 17797647 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.03h):
The drop to 970 was the first I noticed.... Despite feeling deflated, I decided to NOT read this thread as part of me thought we'd drop to the 700s and didn't want to exacerbate my pain with Doooooomsayers!!!. I woke up to see we're still there. I haven't sold any I have no plans to. I'm a bit gutted I didn't buy a holiday with Bitcoin yesterday (which is still a plan... but now the holiday is more expensive).
Bitcoin exists to prevent the very problem that we are experiencing now: Someone else telling you what you can and can't do with your money! In reality this should be driving th price up. Not down!
42.
Post 17945347 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.04h):
On the other hand, a higher transaction fee (which is actually not that high) does make people think twice before moving small amounts to exchanges in order to dump them. If you consider Bitcoin a store of value, I think its working quite well.
For smaller amounts or buying your cup of coffee, use Monero as suggested by Dafar.
43.
Post 18038128 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.04h):
What was gox ath? I thought it was $1260?
44.
Post 18162162 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.05h):
The ETF rejection was a good thing and I think thats why the price is rising. I was worried that coins would be eaten up by hedge funds and price heavily manipulated up and down on a wildly insane level due to mass manipulation by the largest player in the Bitcoin sector.
45.
Post 18162167 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.05h):
The ETF rejection was a good thing and I think thats why the price is rising. I was worried that coins would be eaten up by hedge funds and price heavily manipulated up and down on a wildly insane level due to mass manipulation by the largest player in the Bitcoin sector.
I want a gun wielding cat riding a fire breathing unicorn.
46.
Post 18243594 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.06h):
Who sold at the bottom?
And bought alts at the top?
lol ya really, but not me!
I am only guilty of selling ZEC to low early in the day... but still came out nicely for a day, and I'm not done yet lol
And have not sold any BTC...
I'm guilty of not buying DASH..... but I also have no plans to. I just feel butthurt that it rose that much.
47.
Post 18243678 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.06h):
we'll be back over 1000$ in no time.
Yep! 1k incoming,,,, maybe people are giving up the debate or just willing to get back to normal and let the chips fall where they may with BU... who knows lol
Someone made the analogy of increasing the blocksize of going from 1MB to 2MB to 4MB etc.. as the equivalent of going from 2400 to 14.4k, 28.8k, 33.6 modems etc... Whats the problem with that? My 28.8 was awesome compared to my 14.4.
You're not going to have rapid VISA scale transactions on a blockchain. Bitcoin works as it is... not necessarily for buying coffee... but in terms of 'adoption' it has a much wider circulation than any alt coin and can shift large chunks of money around relatively quickly.
48.
Post 18243786 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.06h):
we'll be back over 1000$ in no time.
Yep! 1k incoming,,,, maybe people are giving up the debate or just willing to get back to normal and let the chips fall where they may with BU... who knows lol
Someone made the analogy of increasing the blocksize of going from 1MB to 2MB to 4MB etc.. as the equivalent of going from 2400 to 14.4k, 28.8k, 33.6 modems etc... Whats the problem with that? My 28.8 was awesome compared to my 14.4.
You're not going to have rapid VISA scale transactions on a blockchain. Bitcoin works as it is... not necessarily for buying coffee... but in terms of 'adoption' it has a much wider circulation than any alt coin and can shift large chunks of money around relatively quickly.
The problem is that blockchain is suppossed to be a decentralised network. And for each doubling in block size you are wasting double reasource multiplied for each bitcoin node. Also, at present time, the resources needed in bandwidth and storage are so heavy that the number of nodes has remain almost constant for past years while the price and hashrate has been rising and rising.
At this time, you either have to choose between a (sorta) decentralised blockchain with small blocks or a more centralised blockchain with bigger blocks.
A compromise is segwit+LN which is the only really scalable solution.
Some miners don't like segwit+LN because that means many transactions would be done at LN layer and they wouldn't get a fee of that transactions. Maybe they could grow their current business by setting LN hubs themselves to get a piece of that cake... But I guess they are too obtuse to realise that posibility.
Sorry. I didn't mean 2MB, 4MB etc.. i was thinking more in terms of scaling upto < 2MB. So that could be 1.1MB or 1.2MB blocks.
49.
Post 18243791 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.06h):
We'll watch that chain split coin token on Bitfinex, but I would dare say other exchanges will be offering up split coin tokens as well, should there be an interest. Some may even get clever and find a way to split against an Alt lol
What a perfect wagering game.. BU
This could get interesting...
What are they backing up these scam tokens with? Why would I want to buy scam tokens on finex when I can just buy BTC, and I'll have both BTC and BTU when and if the fork happens. I took a haircut, due to their "hack" and haven't been back since. I still have $.14 there. They can keep it.
+1 - I was thinking the same thing. It's a ridiculous product. Not even a real alt-coin.
50.
Post 18243912 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.06h):
Why are people even comparing btc with visa. First mass adoption should be the remittance market hence people should compare btc with western union. Btc wins hands down. 20 cents fee instead of the 10-20% ripoff WU? Wu takes 2hours at least vs half an hour btc. Oh yeah, btc works 24/7/365.
Also for coffee drinkers there are plenty of btc debit cards that one can use if so inclined.
Plus we need the "high" btc fees for future halvings, and eventually when all btcs are mined fees are the only rewards for miners.
IMO
I agree with this. The Philippines has an excellent web service called coins.ph - which allows people to maintain a balance in both pesos and bitcoin. Peso to peso transactions are instant and free. They also provide a fee free virtual visa card, great mobile wallet and an amazing network of outlets everywhere for cashing in and out. You can pay all your bills online and their customer service is excellent, If every country gets a coins.ph, Western Union, Xoom and paypal would become irrelevant and obsolete.
51.
Post 18284339 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.06h):
I don't do panic selling... i just do panic sighing. Whenever I feel like panic selling, I just remember I made a loss.... Every single time! Instead.... i just feel sad and 'wish I'd sold at xxx' without actually doing it.
52.
Post 18344334 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.07h):
My bet we're back in 4 digits in less than 24h
Strange. I never posted that.
U did. Fact.
Was actually quoted by Serverina
https://bitcointalk.org/index.php?topic=178336.msg18339289#msg18339289
53.
Post 18858154 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.09h):
I'd be lying if I said I wasn't a little excited about crossing $1500 on stamp.
54.
Post 19088289 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.10h):
$1900+ at Stamp! This is Gentlemen!
55.
Post 19145906 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.10h):
Breaking my boycott just to say
"Great job, Bitcoin"
Good to see you Richy! Give my regards to Chart Buddy too!
56.
Post 19197005 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.11h):
Jumbi, buyable dip yet?
That looks like a buyable dip to me! Maybe wait a while longer - see if panic selling kicks in!
57.
Post 19197245 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.11h):
Jumbi, buyable dip yet?
That looks like a buyable dip to me! Maybe wait a while longer - see if panic selling kicks in!
yeah the high one thousands are where i start adding to my collection
I couldn't resist! I had to buy 0.1 BTC just because.... well... because...
58.
Post 19414537 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.12h):
Technically, we're only marginally above the 2013 price if you adjust for inflation . In 2013 I wanted to buy a house costing £430,000.
Now in 2017, the house is back on the market for £760,000.
59.
Post 19519950 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.12h):
A friend wanted to buy on Saturday. At the time, I advised him to wait for a dip... so, an hour ago, I told him to buy around $2520... but he was worried it would go lower.... sigh!
Edit... $2520... not $1520!
60.
Post 19520124 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.12h):
Selling pressure slowly building up.
Feels like we are now clinging on to $110 rather than bumping up against it
Those guys who panic bought from $110.5 to $112ish must be in a world of pain right now
There is still someone out there trying to keep it up here, but I wonder how long it can last before we let go
Four years ago... Today!
61.
Post 19571496 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.12h):
I bought the dip but I have no idea how that is supposed to get me more bitcoins.
You bought the wrong dip. You needed hummus!
62.
Post 19582750 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.12h):
+1 bitcoin is like a fine wine*
~cheers!!
That'd make a good T-Shirt Slogan
63.
Post 20036315 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.13h):
Yep, I can't see any signatures either...and it's actually quite nice
Yes. Very refreshing.
Excellent!
Agreed! I am very pleased to see the death of signatures.
64.
Post 20055243 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.13h):
This is a good opportunity to replace the Bitcoin I spent last week... at a discount! Nice!
65.
Post 20055405 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.13h):
This is a good opportunity to replace the Bitcoin I spent last week... at a discount! Nice!
I ordered a BitPay card... yesterday.
I'm old school - using Blockchain app. Have considered the cryptopay.me card though.
66.
Post 20097705 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.13h):
And "ITT" is short for . . . Sorry, i´m a bit slow !
In this thread
67.
Post 20155054 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.13h):
I have prepped my suicide device and linked it to a price ticker.
I like your plan! I wasn't happy waking up poor!
68.
Post 20236523 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.14h):
Currently 81.4%
69.
Post 20508957 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.15h):
ATH is being broken this month... you heard it here first boys!!!
This month?
As in July?
oops.... I meant August!
I'd like to believe. But I'm not convinced
70.
Post 20737247 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.17h):
So, who hasnt sold their BCH ? I havent, dunno why not. Gut's telling me hodl.
I haven't sold any. It's part of my BTC and my Coins would feel incomplete without it.
71.
Post 20809428 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.17h):
That ATH was so 'one hour ago' - C'mon Bitcoin do something interesting!
72.
Post 20821177 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.17h):
Feeling like I'm going to be driving that Porsche this winter !
I am curious. The guys buying high end porsches, lambos etc... Are you doing it selling a SUBSTANTIAL part of your stash (like 20-50%) or is it something more organic like 1-5% of it?
Feel free to not answer the question for privacity reasons or do it in an ambiguous way. I just want to know if you guys are acting responsibly or like if this was free money that will keep coming forever.
I'm not selling. I'm just a bit more extravagant with my regular savings
73.
Post 20822184 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.17h):
I sadly parted with a chunk of Monero this morning (converted to BTC) but I think it was the right thing to do even if I do intend to buy it back later.
74.
Post 20822466 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.17h):
I think we could stay under 4k for a while. It took quite a long time
to break $3000.
75.
Post 20870561 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.17h):
I think we could stay under 4k for a while. It took quite a long time
to break $3000.
I'm glad I didn't add any McAfee type bets to this statement.
76.
Post 20891130 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.17h):
It's very frustrating! Why isn't there new ATH today? Is Bitcoin dead?
Crypto's done!!
77.
Post 21336570 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.19h):
Whats BCH? If we refuse to acknowledge its existance by not trading or using it.... maybe it will go away!
78.
Post 21519752 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.19h):
Are you guys seeing this?
Looks like 3k- is knocking on our doors...
Someone is desperate to induce panic among noobs. Only fools would sell at this price.
79.
Post 21764045 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.20h):
Ridiculous FUD from The Guardian (UK)
Bitcoin investors could lose all their money, FCA warns
https://www.theguardian.com/business/2017/sep/12/cryptocurrency-investors-bitcoin-could-lose-money-fca-warns...scary...
The financial regulator has issued a stern warning against a speculative frenzy over initial coin offerings (ICOs) in cryptocurrencies such as bitcoin that have been promoted by celebrities including Paris Hilton.
80.
Post 21764920 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.20h):
Ridiculous FUD from The Guardian (UK)
Um, is there anything they've written that isn't correct? Even the crustiest tosser could take a look at the ICO scene and figure out it's almost entirely a crock of hopeless shit.
True! But the headline was very misleading.... especially if you don't read the article!
81.
Post 21852085 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.21h):
A flash crash is better than a slow gentle decline to $2 over many years.
I reckon we’ll see ATH before 19th October because traders are going with the flow and will be buying back in with the profits to accumulate more Bitcoin than they sold. When that happens, there’ll be more fiat than Bitcoin available.
82.
Post 22449668 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.22h):
BCH .095 and still falling. So is that it, China just going to let it die? Would be telling if it falls below eth.
China itself is dead. Korea has always been the BCH leader. I still have almost all of mine. I won't be sad if it dwindles to nowt.
Agreed. I have all of mine. I refuse to accept it exists
83.
Post 23941131 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.25h):
84.
Post 24246964 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.25h):
Hodl.. This is coming to a Lambo dealer near you (maybe)
Can I get a tow bar with that? I need to pull a trailer.
85.
Post 25094234 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.28h):
Sometimes I wonder if altcoin proponents ever have this honest conversation with themselves:
"I bought into this great altcoin called [X]. It has these great, neato features that Bitcoin doesn't have. I've held this altcoin for years and years. Of course, I've never really spent them on anything, and likely won't. So I really can't attest that these great, neato features really have any real value to myself, or anyone else for that matter. And now that I really think about it ...it hasn't really changed my life in any significant way to hold/use this altcoin versus just using Bitcoin. But I'm gonna keep holding it anyway because....umm...because .....neato features! Hypothetical use cases [that never apply to me] matter!!"
Lol
Hi Torque. Whilst I agree with many of your posts and enjoy reading them, I can honestly say that ‘honest conversation’ when it comes to Monero. got into Monero in 2014 and have held it ever since. I love it as a store of value and I believe in its long term potential. I like the idea of a Swiss bank account in my pocket and whilst I love Bitcoin too.... I hate revealing the contents of my wallet when I pay someone.
86.
Post 25094638 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.28h):
I hate revealing the contents of my wallet when I pay someone.
That's cool. You can think what you want about Monero. But every time I've spent bitcoin on something, I've never revealed the contents of my wallet to anyone. So...?
I avoid it where possible, but it’s not as easy to do as it is using Monero. What’s your trick for simple obfuscation in Bitcoin? Do you transfer to an exchange then out again or something like that?
87.
Post 25484554 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.29h):
How many hodlers actually have less coins than they did four years ago? .
Corrections are a necessary evil, and whilst I hate seeing the value slashed, I don’t particularly worry about it.
In 2014, I was underwater by 60% and threw ‘good money after bad’... and bought some more Bitcoin and a bit of Monero (which was around 40 cents)!
Still waiting for the real dip.... muhahahaa (or weeeee x if I quote Gembitz)
88.
Post 25555253 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.30h):
Of course, it's normal for things to get very cheap on the black market once they become illegal.
89.
Post 25563760 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.30h):
Is anybody here still buying?
Of course.
If the price goes down, then buy, and if the price goes up then sell.
The price has been going up and down in the past two days... so just apply the formula.
My friend says: it´s a bubble, way to expensive. I don´t buy.
And when it goes down, he says: See, i told you, it´s bursting. I don´t buy.
Guess what comes out of it: He doesn´t buy, ever !
What can i do (he´s my friend) ?
I´ll shake him until he comes to his senses
Don´t know, what to do else.
90.
Post 25600910 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.30h):
Just comment on the unconfirmed transactions to see if someone could clarify if they were spam or not. Nobody could prove it, then they censored me.
No. You don't get it. Fuck off. This is not a thread to discuss transaction esoterica.
Take it to another thread.
Don’t beat about the bush. Say what you really feel.
91.
Post 25692333 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.30h):
Maybe 11111 is the new 666.
92.
Post 25803654 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.30h):
Parabolic rises always end in tears... for somebody.
Truest words on this forum.
Or... Recovery from crash always ends up in big smiles :p
Depends on your point of view! hodlers will be happy regardless
I've been through a crash. Been underwater in bitcoin. But I didn't cry, and I didn't sell at a loss. I just DCA-ed down and hodled. And had to listen to the squawk of bears and trolls for 18 months straight.
Now I have big smile. And balls of steel.
When it happens again, I'll just do the same.
If we end the year over 10k, I’ll be happy. This is rising too quickly.
93.
Post 25823631 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.31h):
$12,121.21
I blinked... and missed it.
94.
Post 26160800 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.32h):
ATH Stamp.
Yeah. That was my fault. I sold $5000 about two hours ago. It always goes on a rally when I sell some
95.
Post 26591361 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.33h):
All coins up big and BTC still at the same level. Can't wait till the alt-money is gonna be dumped into BTC.
That's what I'm waiting for, but, I'm slightly concerned that we won't make it back up to 60% BTC dominance level that we were at the other week, and that we will just drift lower from here. It got down to the 30s earlier in the year, and I'd rather it not go back there.
Probably, that indicator is not as important as you seem to be crediting it.
Alt coin pumpers want to give a lot of credit to such numbers in order to scare you out of your bitcoin by causing you to conclude that you need to be investing somewhere else, besides bitcoin. Hopefully, you are not getting distracted by such get rich quick diversions and being tricked out of your bitcoin?
Agreed. I was looking at the Bitcoin Dominance indicator and it’s irrelevant. Bitcoin has probably got 90% market share or more. If you remove the non-mineable and scam tokens.... then remove premined coins, you’re only left with BTC, LTC and XMR * with potentially true market values.
Edit: * and BCH
Edit again: possibly BCH doesn’t count because the coins were airdropped... I’m on the fence with that one.
96.
Post 26626820 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.33h):
I have held from $13. Still consider myself a bag holder.
Heartbreaking
Here’s a tip. Become a Monero bag holder in a very small proportion of your portfolio. Not because you believe but for insurance. Insurance is expensive but none of us are smart enough to know the future.
Bitcoin is an all-or-nothing proposition. Insurance against what exactly?
Monero has many qualities that make it a better ‘bank account’
97.
Post 26636894 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.33h):
Off Topic, but should be of importance to everyone, really.
Anyone using proton mail? I've left gmail as my general email provider (kitten pics, boring shit, and log ins for unimportant shit) for too long, and I'm not convinced my 'more secure (obscure?)' providers are any better. The last straw - I just reset my passwords via webmail, and ALL of my android devices automatically updated and logged in with the new passwords. This is beyond sketchy. It screams GET OUT NOW, or years ago, if you have a way back machine. I try not to use it for anything important anyway, but WTAF. So its time to evacuate and consolidate. Anything better than proton out there? If it's not free, it has to accept crypto. And of course, be anonymous.
Yesterday I made the same decision for different reason. I got pissed off with Gmail not playing nicely with Outlook 2016 and switched to a paid ProtonMail account. Very good - their Mac IMAP encrypt/decrypt program is excellent. I’ve been using free protonmail to send passwords and private stuff for a year or so. They’re good.
98.
Post 26716452 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.34h):
Welp, my ledger is stuck. Initiated it, transferred a small amount, wiped it and restored just to make sure that part worked. Aaaand it's stuck. Only displays the setting option and won't let me click on to bitcoin. Opening the wallet app does nothing, resetting it again does nothing. This does not inspire confidence.
On the other hand, my trezor seems to be working just fine.
Good to know. I have gotten a Ledger recently but have not tested it out. Restoring from seed always makes me sweat.
I may receive mine someday, if my BTC payment ever gets confirmed. What's the required sat/B these days anyway?
Way too high.
Ya I got that. Maybe I have not been paying attention, but >500 sat/B seemed exorbitant. It's been a hour. At what point does bitpay say fuck you, you no get toys?
I had a problem with Bitpay yesterday. Client paid 0.0014 fee (approx $25) and the transaction was broadcast within 5 minutes of the Bitpay invoice (proven by time stamps) - it confirmed with one confirmation within 1.5 hours but Bitpay say payment window expired. They say he can get a refund but he’s not happy because it was a valid transaction and he paid a high fee to send it.
99.
Post 26790616 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.34h):
God damn. Took long enough, but we can now be certain we've seen the highest prices bitcoin will ever achieve. Long term is only down.
based on what?
Official Sources
该死的。花了很长时间，但我们现在可以肯定，我们已经看到比特币将达到的最高价格。长期只是下降。
100.
Post 26791884 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.34h):
The Independent (UK Newspaper) is truly a pathetic excuse for journalism
"For the average person like me, bitcoin is always a gamble", he told The Independent. "But people are treating it like a punt".
The entrepreneur says he's staying away from bitcoin for now, and may look into alternative cryptocurrencies such as ripple - "something with more substance - but only a little more", although he admits that "substance" isn't the best word for cryptocurrencies at the moment.
101.
Post 26833708 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.35h):
So I went offline for a couple of days and just returned - wtf happened yesterday? It even made the BBC news that btc had lost one third of its value. Any exciting news or just a shake out of weak hands?
I was not feeling well and couldn’t check the price every thirty minutes. The world revolves around me and because of that, the price collapsed. Sorry.
102.
Post 27426374 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.36h):
Ripple? The FOMO is hitting me... but I can’t swap my Bitcoin for.... that!!! What the hell is wrong with these people?
103.
Post 27435273 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.36h):
So, I spent $15k USD, with change and paid a $10 transaction fee, and it confirmed in 32 minutes. That's not too bad.
I spent about $10 in fees to probably not get any BitcoinsUnited. That's not too good.
I’ve made no effort to claim anything free. I didn’t claim my free Ripple (thought it was a scam) and didn’t follow through with my free stellar (thought it was a scam and didn’t want to use Facebook) ... I did alright on a few presales but even now, I’m really sceptical of everything now. Maybe I should retire
104.
Post 27452718 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.37h):
I have decided that Ripple random shitcoin is an attack on Bitcoin the same as Bcash other random shitcoin. They are trying to scare holders into selling by wash trading a Flippening. Don’t fall for it.
FTFY. They've been trying this lame 'flippening scare' tactic for over a year now, because they are all fresh out of other shitactics.
Pumping random garbage will never work. The Bitcoin community has matured and can see through the bullshit.
Wallstreet desperately needs more bitcoin supply to play their con games with the public, and there just isn't much available. So they are desperate to get existing holders to part with their bitcoin. They want them to make rookie trading mistakes, divest into a myriad of shitcoins, or just get frustrated and sell... whatever they can do to shake people out. It doesn't appear to be working.
This is also my belief. There is a very low quantity of circulating Bitcoin. If you can create FOMO and generate an order book full of buyers wanting your crapcoin, you then wait for the right moment then dump en-masse generating a large quantity of Bitcoin for yourself and a large number of ‘successful’ traders. I notice that the more reputable alts are not pumping as hard as the blatant scams.
105.
Post 27470552 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.37h):
Bitpay's new BIP70 payment form sucks. Doesn't work on my mobile wallets.
I'm old school. Gimme a Bitcoin address and let me magic up my own mining fee calculation based on the position of the stars and my overall mood at the time of payment!
106.
Post 27475753 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.37h):
What we are witnessing right now are the last weeks of bitcoin being the dominant cryptocurrency. Ripple and Ethereum are both going to fly past it in the near term. I think that the total collapse might be just a few days away before the masses understand that there are no longer gains to be made in bitcoin and start evacuating their assets to these two more modern cryptocurrencies.
More modern cryptocurrencies? Some are not even cryptocurrencies (like ripple)! Some others don't even work, yet they have a price that goes up and down (like Uno)!!!!! Get real!
As for modernity, you can try the bitcoin lightning network here!!!
https://htlc.me/Of course, it's on testnet.
The Lightning Addresses seem kinda long. Please send me 20 cents.
lntb13370n1pdyuj2qpp504kf7ht2q70mu9c7w5y2yz3sh540rzet0mmqmpjyzrh2wl274p3sdz80v3
xjg36yg6rzefexf3n2v3dxsmkgvpdx3jrswfd8psnwvpdx93njcesxs6rjdp5xs6zylgcqzys6yyxjg
dx5pp54pdam2duxvyvta63mh675lspjav0500ds5a6htyydd46y8tjqy4unkwtj52w2pmt2fwhqn4xw
mu33jcqq55uxcfc35cqmjvg6k
107.
Post 27548679 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.37h):
A lot of Bitcoin Debit Cards have just been cancelled due to WaveCrest Gibraltar being terminated by VISA.
http://www.telegraph.co.uk/technology/2018/01/05/visa-locks-bitcoin-payment-cards-crackdown-card-issuer/
108.
Post 27549048 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.37h):
Yep. Got an e-mail from Bitpay today to say that Wavecrest are not supporting it anymore.
Was told in the email that the funds will be returned to my Bitpay account.
Not sure if there is another card issuer out there for us Europeans.
I have a virtual Wirex card but I don't like their monthly fees.
I had a Xapo card but never actually used it. Revolut is a pretty cool mobile banking solution which I’ve been playing with since December. It has Cryptocurrency in Beta but (and it’s a bit but) you cant make payments via crypto other than via email addresses - I’m hoping this improves with time, but even if not, their currency conversion and standard debit cards (you can have as many as you want for free) are pretty cool. At the moment, I’m just playing with it for pocket money.
109.
Post 27644370 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.37h):
Lightning requires segwit. Which is to say, it will be as worthless as segwit is.
This is one of the most ignorant and myopic statements I have ever seen someone make on these forums.
Sheeeeit !
It is getting very weird here, with strange people invading this post every day with bullsh!t & nonsense. We need a more tyrannical user voting system forum. Where we vote or give a grade to most everyone and those shills will have a label on them: "This users opinion does not matter!" ... That would be great!!! Make the forum great again!!!
Bring back the glowing ignore button.
110.
Post 27925310 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.38h):
Seriously, I am posting this the 3rd or 4th time. Is nobody worried about whats going on in the market? Who cashes out 100 Billion in 3 days for the 3rd time in 3 weeks? Pump and dump 100 Billion?
I don´t believe in these stories posted here like "people cash out, buy christmas presents" etc. No average Joe has this huge amount of cash.
Average Joe has just found himself considerably richer this year and scared of ‘losing’ his newfound wealth as happened in 2011 and 2014. As such, you can’t blame fear for making him jittery and selling preemptively of something that may or may not happen.
Weak hands is a real disease. Sadly institutional investors and more savvy investors have mo money and mo time and are quite happy to ‘wait’ as long as it takes to ‘buy all the coins’.
My 2 Satoshis.
FWIW. I am not selling anything and will carry on using Bitcoin with its ‘too high right now’ fees for now and the future.
111.
Post 28054705 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.38h):
Does Roach just get his posts from some sort of random bullshit generator?
I'm not sure. He keeps saying the same thing "This user is currently ignored."
112.
Post 28054898 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.38h):
75 dollars fee on a 75 dollars tx. WAT.
That seems really high. I just paid $11 (0.0008) and got a confirmation in under 30 minutes.
113.
Post 28318173 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.38h):
Good Morning Wobservers.
Hmmm... Bitcoin half price? Seems like a good time to sell. Maybe I’ll buy it again when it’s very expensive.
114.
Post 28319527 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.38h):
Good Morning Wobservers.
Hmmm... Bitcoin half price? Seems like a good time to sell. Maybe I’ll buy it again when it’s very expensive.
it's not half, it's 10x since 1000, not a good deal
But you haven’t taken inflation into account. $1000 doesn’t buy as much as it used it.
115.
Post 28389556 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.39h):
This isn’t the crash I was promised.
I sold all my coins at $9222 because they were no longer valuable. I’ll buy them again when they’re really worth something. Maybe in March at a new ATH seems a good buy point. I don’t want to miss out....
116.
Post 28866018 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
I have 100 merit and 1 Smerit. Does this mean I can only like one post?
117.
Post 28866332 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
this is horrible
this is going to turn us all into merit whores
I wish I could help. I just tested my spendable merit... and now I have zero
118.
Post 28926906 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
this is horrible
this is going to turn us all into merit whores
I wish I could help. I just tested my spendable merit... and now I have zero
Thank you all for the generous donations of sMerit. I started with 100 merit and 6 sMerit (which I consumed immediately) - I’m not sure what the initial 100 merit /6 sMerit formula is based on as other ‘members’ seem to have arbitrary amounts between 0 and several thousand.. Your very kind donations added 9 new Merit points and gave me 4 new spendable sMerits.
Cheers.
On a different.. wall observing kinda note, the UK annual self assessment tax MUST be paid by January 31st. I’m sure many people that spent well in 2017 (knowing they had massive BTC profits to fall back on) didn’t really plan ahead so needed to cash out a few Bitcoins to pay their tax bill... I’m one of these people. I cashed out at £10600 (approx $14k) but I’m sure others have been holding to the last minute hoping.... it goes a bit higher than now...
Edit: I just found out how to find out who my Meritors are by clicking on Merit in my profile. Thanks Dabs, Yefi, Rosewater, Hairy, vanobe and Jay. Much appreciated!
119.
Post 28932552 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
On a different.. wall observing kinda note, the UK annual self assessment tax MUST be paid by January 31st. I’m sure many people that spent well in 2017 (knowing they had massive BTC profits to fall back on) didn’t really plan ahead so needed to cash out a few Bitcoins to pay their tax bill... I’m one of these people. I cashed out at £10600 (approx $14k) but I’m sure others have been holding to the last minute hoping.... it goes a bit higher than now...
31st Jan payment deadline is for tax year 16-17, so CGT on sales
before last April
Edit: so your tax is due Jan 2019. No rush.
This wasn’t my Capital Gains. This was just the tax on my self employment that I frivolously spent on hookers and blow rather than saving for my tax bill. I have CGT to look forward to next year.
120.
Post 28953296 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
I now understand where my initial 100 points and 6 sMerits came from. The 100 was based on the minimum level to achieve my current rank (full member) . The sMerits are based on my 5 year membership and low post count in the last 12 months.
- to rank up to senior I need 240 activity and 250 merits.
I imagine there are some Hero members here who Were just a few posts away from Legendary who now find they need to find 500 merits to rank up. Ouch! So.. show some love to your poor Hero members who add quality to the forum. (Sorry.. Roach, this doesn’t include you.)
In addition to activity, everyone now has a merit score, and you need both a certain activity level and a certain merit score in order to reach higher member ranks. The required scores are:
| Rank | Required activity | Required merit |
| Brand new | 0 | 0 |
| Newbie | 1 | 0 |
| Jr Member | 30 | 0 |
| Member | 60 | 10 |
| Full Member | 120 | 100 |
| Sr. Member | 240 | 250 |
| Hero Member | 480 | 500 |
| Legendary | Random in the range 775-1030 | 1000 |
You get merit points when someone sends you some for one of your posts. Additionally, when someone sends you merit points,
half of those points can be sent by you to other people.
Certain users are designated as "merit sources". They can create new merit out of nothing, up to a limited number per month (which differs per source). I will not be posting a definitive list of merit sources (so that people don't bug them too much), though you'll soon figure out who they are if you pay attention.
There is currently no such thing as a "demerit". I'm hoping that the positive merits alone will be fine. I could add demerits pretty easily later on if necessary, though.
I'm hoping that this system will increase post quality by:
- Forcing people to post high-quality stuff in order to rank up. If you just post garbage, you will never get even 1 merit point, and you will therefore never be able to put links in your signature, etc.
- Highlighting good posts with the "Merited by" line.
While we will not be directly moderating this, I encourage people to give merit to posts that are objectively
high-quality, not just posts that you
agree with.
Do not beg for merit excessively.
The forum ranking system is a bit complicated now... It'd be nice if someone made an infographic explaining activity and merit.
If you want to be a merit source: 1. Be a somewhat established member.
2. Collect TEN posts written in the last couple of months that have not received nearly enough merit for how good they are, and post quotes for them all in a new Meta thread.
3. We will take a look at your history and maybe make you a source.
I am especially eager to have merit sources in sub-communities such as the local sections.
Trivia:For current members, your initial merit score is equal to the minimum required to your rank. Of that, a certain amount (less than the usual half) is spendable. The spendable amount was calculated based on your current rank and the number of activity points you earned in the last year. A Legendary member who hasn't posted in the last year would still be Legendary, but would not have any spendable merit.
If someone sends you 1 merit, the 0.5 sMerit is not wasted; it is just not shown until you get another merit point.
There are stats
here, and you can find someone's merit summary by clicking the "merit" link on their profile.
121.
Post 28954399 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
Why all filthy rich guys are selling hundreds and thousands of
BTC at that price? What are they thinking - the end of the world? Or early retirement? What if by the end of the year
BTC hits 50K or even 100K $ and they realize how richer they could have been if only waited for several more months? But no, why have 100 mln in several months, while I can have 2-3 mln and retire now. Pathetic
I don’t think this has anything to do with direct profit and cashing out. Some players would prefer Bitcoin to go away (ie. banks, tptb etc..) as such, they want to cause maximum FUD to keep the vast majority of the public away.... and burn the newcomers so they panic sell and stay away after losing their shirts.
They know they can’t do it indefinitely, but they can postpone Bitcoin from rising and becoming super popular temporarily... which is good enough for them.
The genuine Bitcoiners can’t be shaken by these distractions and probably aren’t cashing out more than spending money at these prices.
122.
Post 28955899 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
Fortunately not Bitcoin. It was XRP and NEM.
123.
Post 29261735 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.40h):
$1500 drop in 24 hours? Excellent!! Please let me know when the bottom is in so I can sell...
124.
Post 29298278 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
It reminds me of the period between April 2013 and August/September 2013 where the price wobbled around the $100 mark (+/- 20$)
The price fell from $260 to $50.. then jumped around like crazy for a week or so.... then stabilised around $100 for several months.
There must be more than 100 times the Bitcoiners there were 5 years ago, so I have a feeling $10000 is the new $100 and probably a very good buying opportunity.
125.
Post 29299228 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
The problem is, the correction's just far to sharp and deep for it to be the start of a long term bear market. What's happened is it got overheated in December, then the bubble popped. Then shorters took control and it gets oversold. Then the short bubble pops and it generally ends up halfway up the retrace where it stabilises. So that would be around $13,800 if it spikes down to, say $8800.
If it really was the start of a long term bear, what usually happens is you get a bubble popping to, say 30%, 40% retrace, then a slow build up over a couple of months, then lower highs from there on for 6 months to a year. This isn't like that. It's a perfect bitcoin overheat retrace type correction (IMHO that is).
Lets see what happens when the shorts close and re-assess as we're getting into oversold territory at increasingly long ranges now. RSI is confidently oversold at all ranges up to the 6 hour already, 12 hour is just entering and 1, 3 day are not far off.
I agree.
I mean, just look at the 1d chart on Stamp. The short/sell volume has been falling ever since the ATH. Right now in comparison to previous legs down, it's pathetic.
If you watch Bitstamp on Bitcoinity, there are multiple sells of 0.02 and 0.01 BTC followed by buys of 10 BTC.
126.
Post 29373402 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
At times like this I wish I had some spare money
127.
Post 29397383 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
I raise a toast to all my fellow holders! - There's nothing quite like seeing your wealth cut in half in a matter of days!
If it carries on dropping at $1500 a day, they should be completely free by this time next week with noobs even paying us to take their Bitcoins!
128.
Post 29399853 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
This user is currently ignored.
WTF has this this got to do with bitcoin? Consider yourself permanently ignored, dickhead.
You won't regret it! I put him on ignore a few weeks ago and find the forum a much better place without him!
129.
Post 29412985 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
I think the idea of "Guvs" and big banks was to buy up all know bitcoin in sight during the last 8 months of 2017, drive the price up to kingdom come and then slam the market into the ground in attempt to destroy confidence in bitcoin as an asset.
They had to do that to avoid the worldwide debt bubble being "pricked" by bitcoin.
May or may not work.
I also think this would account for some of the bizarre dumpfests...
Ie.. ‘Hey look! Bitcoin is recovering and seems to be gaining momentum and may end this month/week on a high ... let’s dump the shit out of it... so it doesn’t end the month/week on a high an I can maximise my...er....losses!!’
Yep. That seems legit!
130.
Post 29413559 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
Haha! That brings back memories! A lot has happened in 5 years.
131.
Post 29427598 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
...
Excellent, logical and positive post! Would have +1’d but I ran out of spendable merit!
** If you need 2 merits to get one sMerit, will everyone eventually run out of sMerit?
132.
Post 29476287 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
Has anyone else gone through an obscene amount of alcohol in the last seven days or is it just me?
133.
Post 29476754 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
Did we hit the bottom yet
Yes, it was $7700 about an hour ago and you will never get a better deal ever again.
Trust me, I'm a random guy from the internet
Trusting random guys on the internet has done me wonders so far
Beware! Nigerian Scam Coins -
https://www.coinprism.info/asset/AKkmCYHnNHDo5kSf2ydKD5vXQpuPY6VQ2p
134.
Post 29481683 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.41h):
135.
Post 29671597 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.42h):
So am I right in assuming that crypto is really done this time.....?
136.
Post 29676650 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.42h):
So am I right in assuming that crypto is really done this time.....?
You ever see that movie "Romancing the Stone" ? Bitcorn is Michael Douglas right now. He just got a shot square in the nuts, but it ended up hitting a huge concealed emerald that is now slowly making its way down his pant-leg.
When the gem finally appears - resting on his boot - people will be momentarily dazzled. It will then get kicked up in the air, and then all unholy hell is going to break out, and then God-only-knows where we end up.
I'm guessing somewhere back around $10k by end of February, but that's taking a wild guess.
I’m a sucker for punishment. I keep sending fiat to Bitstamp!
137.
Post 29677809 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.42h):
This thread doesn’t have enough panic. It’s hard to gauge when this will reverse because no one here gives a damn!
Come on people!! Start panicking!! I want to see... Fear... Uncertainty.... Doubt! And lots of it! Now!
C’mon! Let’s get a proper crash going! This is just an apparent namby pamby correction.
138.
Post 29678033 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.42h):
"bitcoin is a bubble"... Not is not, global economy going down hard like never before.
Historic dump on wallstreet.
That will be from the banks stopping printing money for bail outs. And people complain bitcoin is volatile!.
Dow has just bounce back 800 points.
139.
Post 29732857 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.42h):
I think he’ll find he’s not the only one! I imagine there a lot of Wobservers in the same boat.
Bitcoin buyer 'loses $440,000' in matter of weeks after sudden collapsehttps://news.sky.com/story/bitcoin-buyer-loses-440000-in-matter-of-weeks-after-sudden-collapse-11238898
140.
Post 29733557 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.42h):
Bullshit headline.
"I started in September 2017 with about $41,000 invested and it gradually hit almost $600,000 around Christmas, which was awesome. But now it's $160,000.
"I'm not worried about losing all my money. It won't vanish into thin air, it will have its peaks and troughs, there is going to be mass influxes and mass exoduses of money."
First of all, that fucker is up 120k+ still and at what point did he go to the papers when Bitcoin was less than $5300 and still give them time to print a story with a very misleading headline? Made up story with convenient anonymous fuck.
I hadn’t thought about that, but you make a very valid point! Fake News!
141.
Post 30287578 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.44h):
Is that it? Correction over?
142.
Post 30288775 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.44h):
Is that it? Correction over?
Q1 stock RSUs vest tomorrow, and become available for sale early next week.
Additionally, Q1 bonuses are paid out early March.
Expect buying pressure next week.
EDIT: accuracy stuff
Does this mean it’s safe for me to leave my crypto bunker? I had resigned myself to a repeat of 2014... (shudder)
143.
Post 30288964 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.44h):
Good morning Bitcoinland.
I see we've held last night's gains and we're still over $9k... currently $9288USD/$11733CAD (Bitcoinaverage).
It was just a year ago we were trying to get back up to 4 digits after a winter (northern hemisphere) dip down to 3 digits. Now we're looking at getting back to 5 digits after a winter dip down to 4.
Last year we had to wait until March to finally leave 3 digits behind for good. Will we be able to get it done earlier this year?
4 digits is getting boring. C'mon spring, don't be late.
Jimbo. I sent you my last spendable Merit for always being cheerful. See what happened when you left for a holiday... all hell broke loose. I’m glad you’re back.
144.
Post 30726917 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.45h):
Right. Will everyone just calm the fuck down. This is getting way too personal.
I am very clam.
Offtopic: Why is Bitcorn dying?
The doom winds are blowing. That's all we know.
Have you been talking to Rosewater?
If you zoom out and look at the 1 week and 1 month chart, everything is fine. (no doom)
145.
Post 30768000 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.45h):
Just a little Doom to 'take the edge off'
...and now I'm poor again!
146.
Post 31229452 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.46h):
147.
Post 31390730 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.46h):
we were those kids
god, it seems like yesterday
Which one is Proudhon? I don’t recognise him with his Microphone.
148.
Post 31538208 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.46h):
Hi to all experts
anyone knows about? When the altcoins go to the moon again?
Tuesday, 3:45 GMT
Are you sure? My friend said it was Tuesday 3:47 GMT.
149.
Post 31730593 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.47h):
Ok. Who’s messing with my Bitcoin stash? It’s worth lots more than this.... c’mon stop messing me about and go over 25k now. Stop messing with these budget prices.
150.
Post 31865846 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.47h):
8000s here we come.
Looks like it
Is crypto done?
Most definitely. I am starting to buy up what’s left for novelty value.
151.
Post 31946142 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.47h):
Now that I’m poor, I wish I hadn’t told all those clients to go **** themselves in December.
Actually, I don’t. It felt kinda good.
C’mon Bitcoin! Man up so I can do it to a few more!
152.
Post 31956851 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.47h):
Breaking 24777$ prediction game FINAL LIST
27/12/2017 bikerleszno
29/12/2018 cAPSLOCK
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01....
Please could you add the open close price ranges next to the sad faces going forward so we Get an idea of price and trend. A bit like a textual chart buddy. Ie (8500 - 9200)
It doesn’t need to be exact, just an approximation for historical value..
I realise it’s extra work... but just thought it would be a nice touch....
Thanks.
153.
Post 31957006 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.47h):
The fact that bitcoin is sound money trumps everything; adoption, payment networks, umwelts, all these buzzwords newcomers bandy.
This shit is real money and it will absorb all the capital there is, with or without us.
I agree. I just feel bad that it’s being stockpiled by smart and wealthy investors who are using big waves to scare new and not so wealthy (or smart) investors into losing money by panic selling. And they’ll keep on doing this till they have the Lions share of the coins..... then do it again....
154.
Post 32324083 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.48h):
I’ve just been reading that article about some money manager who says Bitcoin is a bubble that’s about to burst.....
Dude! It has burst. The bubble burst in December. What we’re seeing here is price discovery and it will go down until it stops going down. Then it will go up and keep going up until another bubble appears (much higher than the last) and then it will burst.... and down it will go again. Rinse and repeat.
Notice MSM media and talking heads are more inclined to report the failure of Bitcoin, but compared to any known equity, Bitcoin has kicked ass and out performed them all... even if the price fell to $2000.
Anyway.. like Mr Loblaw, my coins are NOT FOR SALE right now.
155.
Post 33252040 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.50h):
Fucking Bitcorn. Last week of the quarter, and no fucking way I'm selling 4 digit USD Bitcorns.
Here's hoping for a miracle over the next 4 days, folks.
British people have a little longer.... anyone selling before April 6th will need to pay their capital gains tax in January 2019. If they sell after April 6th, they won’t need to pay the CGT until January 2020. Some people will split their sales between the two dates because if they sell too many (pushing them into a higher tax rate) they will be liable for 28% tax instead of 20%.
https://www.gov.uk/guidance/pay-the-tax-you-owe-on-a-capital-gain-straight-away(Title is misleading.... straight away... No!)
156.
Post 33253411 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.50h):
Fucking Bitcorn. Last week of the quarter, and no fucking way I'm selling 4 digit USD Bitcorns.
Here's hoping for a miracle over the next 4 days, folks.
British people have a little longer.... anyone selling before April 6th will need to pay their capital gains tax in January 2019. If they sell after April 6th, they won’t need to pay the CGT until January 2020. Some people will split their sales between the two dates because if they sell too many (pushing them into a higher tax rate) they will be liable for 28% tax instead of 20%.
https://www.gov.uk/guidance/pay-the-tax-you-owe-on-a-capital-gain-straight-away(Title is misleading.... straight away... No!)
28% is for property only. 20% is the max for all other thingies.
You are indeed correct. I was confusing the 10% and 20% rate between lower and higher rate.
It is still worth splitting sells between now and after April 6th in order to take advantage of two lots of £11k tax free allowances and the benefit of not paying until 2020.
157.
Post 33711999 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.50h):
F*** i have the badest morning ever ...... lost coins
Uh what happened? How did you lose coins ?
i don't know WO toke some i guess i just
Politeness: 164
fMerit: 280
Imagination: 40
Virtue: 11
COINS : 88 ??
Karma: 1
Maybe it’s for playing WO Top Trumps?
158.
Post 33901150 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.51h):
Please, can i have a fork-list of the forks, which are worth bothering.
There is only one worth mentioning ....
https://banano.co.in
159.
Post 34330241 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.51h):
Please can I have 28 August 2018.
160.
Post 37035235 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.55h):
I'm going to start a new poll soon: During slow periods, what's more entertaining - tumbleweeds rolling by, or R0ach posts?
It’s funny you should say. Only one page ago, I stopped ignoring Roach because I was missing his pearls of wisdom. Let’s see how long I can before ignoring him again.
161.
Post 39241770 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_15.57h):
... sometimes alt coin pumpers spout out a lot of abstract ideas that sound good, and they use abstraction to bamboosle some folks into their scams...
Sometimes, posters like to be flamboyantly verbose with their prose, in an attempt to seem more intelligent and sage-like, when in reality, they are doing it to mask crippling insecurities of wanting to be accepted, but that's none of my business...
/s+1 Biro Bob merit
(don’t have any Bitcointalk ones... but these are better and much more rare)
162.
Post 45903092 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.07h):
^
i think the chin's of most longer time hodlers are still up, however the boringness from going sideways this long and maybe longer to much longer who knows, will be testing many hodlers patience especially the guy's bought in later ...
but the ones with the right intentions of hodling BTC will not be bothered to much ,just keeping the longer term picture in mind
Sideways... Up... or Down! I’m going to hold.... and this is very different to 2014 because I was unsure of whether I was doing the right thing then and just deluding myself. Whereas now, it’s just a ho-hum -keep calm and carry on kinda thing with no desire to panic sell regardless of price.
...however, I’ve started playing with my bot again (after almost a year) to relieve the boredom.
163.
Post 47812145 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.12h):
Could we have a like button for posts please. Then merit would mean more...
I agree. I ran out of merit six months ago and have not posted anything to gain merit because I had nothing worthwhile to say.
164.
Post 47899447 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.12h):
This has happened so many times, that I really should have learned to keep a few grand in Bitstamp for days like this. I’m transferring now, but by the time it arrives, the opportunity will have passed.
165.
Post 47939640 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.13h):
I think, when these guys get to a certain level of super rich, they start getting into the really "good" drugs.
The delusions of grandeur serve them...for a while...and then they just totally lose it.
So CSW has singlehandedly hacked all privacy coins of note, mmmmmmmkay Craig, isn't it time for your shot?
CSW is such a massive tool! I can’t believe that he has achieved any level of credibility when he is such a massive penis!
166.
Post 48055134 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.13h):
WTF? Down 15% in 24 hours.... and people still selling.....?
....am I missing something? Is this just gonna back to double or single digits?
167.
Post 48055239 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.13h):
I just want to know, how can I make a new address in bitcoin-qt 0.17.0?
My order got executed, but I need a new address to send the money.
I don’t know. But if you want, I can give you one of mine to use.
168.
Post 48211497 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.15h):
In the coming week I'll be reallocating capital from other projects I have to put it in bitcoins. Current price level is a lifetime opportunity that should not be missed!
Now that you mention it, that makes a lot of sense.
169.
Post 48308285 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.16h):
One way or the other, I think we are going to have an explosive move soon.
Edit: within 6 hours.
Dude.
You are beginning to scare me.
2019 has been hell of a ride in the wrong direction. Hopefully, this guy will soon start to climb new highs.
I may be pissed, but I’m pretty sure we’re not in 2019 yet.
170.
Post 48507584 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.19h):
Coinbase Pro in the UK review.
Someone asked about using Coinbase Pro / GDAX for GBP the other day. I created an account which was validated (driving license and energy bill) within hours. I connected a paid Revolut GBP account which supports faster payments which was also validated within hours (I needed to deposit £2 to prove account)
Since then, I have been very impressed. UI works great on my iPad Pro and deposits from Revolut arrive in less than an hour. i deposited £200 from Revolut at 23:54 which arrived at 0:57. My withdrawal limit is £10,000 per day.
I also like the persistent login from my iPad... so I dont have to keep logging back in.
Review so far 5/5
171.
Post 48518273 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.19h):
I've been telling you guys for years. Bitcoin is dying a long death, but it is dying. No question. See you guys at sub $1000 in 2019. Officially irrelevant by 2020.
LONG TIME NO SEE
=EXXXXXXTREEMLY BULLISH
MAXIMUM REVERSE INDICATOR
Bitcoin should never have been traded for more than $1000, and I consider the whole period above $1000 some kind of crazy blip fueled by manipulation. It's now dropping to where it should have been all along, sub $1000. And once it does go definitively below $1000, don't expect it to ever recover above it again. By 2024 bitcoin won't even be a thing.
I think you need to quote sources. Your statements always need to be backed up by official sources (preferably Chinese language ones)
172.
Post 48518428 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.19h):
I just realised I'm nothing but a degenerate gambler - Coinbase Pro makes it too easy to transfer GBP in easily :-)
At this rate, I'm gonna be out of Fiat by the end of the weekend and living in a shoebox!
173.
Post 48519306 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.19h):
Ok, so Proudhon popped his head up in here ? Thank you btc gods, for giving us a sign...
Proudhon normally appears at the ATH.
174.
Post 51504062 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.51h):
Full disclosure regarding poll. Voted "$8,251-$8,500". Glad to be wrong in this instance.
I was more optimistic... $8751 - $9000. I will also be glad to be wrong...
175.
Post 52082858 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.58h):
@gentlemand How much to lease one of your fine brown allegros?
176.
Post 52161849 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_16.58h):
This is a good news on the day when Barclays cut his services to Coinbase.
Interesting that they would do this right now. I wonder if they’ve done this to stem the tide of GBP flowing into BTC during the Brexit volatility. They’d rather the money went to the stock market or other fiat currencies.
** Honest Guv! I don’t really own a tinfoil hat... **
177.
Post 53149034 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.07h):
Somebody obviously thinks.... actually I have no idea.... why is it suddenly undesirable to hold Bitcoin?
178.
Post 53920297 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.16h):
IMO, this sell-off seems like a fakeout by some big whales to make newbies think that bitcoin can't work as good as gold (and other safe-haven assets) during a global crisis (like coronavirus). Eventually, these whales should lose the sell-off power and bitcoin should get back on (bull) track.
Keep in mind, the way Wall Street works, they short and shake the tree
first before they buy into a long position.
Apparently, the Bitcoin CEO leaked that there was gonna be major layoffs and an indefinite cut in productivity by 50 Percent from May.
179.
Post 53929070 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.17h):
This has been a weird dump...
Indeed. So much so that I just bought my first bit of corn since the 3000’s
180.
Post 53931458 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.17h):
These days, I'm happiest with a MacBook Pro keyboard. Go figure.
Really? I have a 2017 Macbook Pro with the butterfly keyboard and it drives me nuts! Its constantly sticking and encouraging me to use excessive amounts of profanity and hit it with a hammer!
181.
Post 54017482 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.19h):
There goes all hope for ATH this year.
Stay Positive. Think “Silk Road”!
182.
Post 54017783 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.19h):
I’m going to bed. Anyone selling after a 40% drop in a single day deserves to lose them to someone who values them. I for one caught the knife twice today... but I certainly will not be selling my newly gained ‘wealth’ until it reaches at least $6k again.
183.
Post 54018463 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.19h):
5229
put a gun in my mouth
why the fuck I even woke up in the middle of the night
going back to sleep, I'll probably delete my account tomorrow.
don't rush, it almost ALWAYS double-dips. Just be ready for it.
I agree. Don’t panic. Tomorrow and the coming week may be equally scary insane. DCA your way back in.
184.
Post 54025883 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.19h):
Yeah, i might sound too bearish because of the $3k - $3.5k range, but i will buy at higher prices too without much loss (or much less gain, if you want to see it that way).
I'm easy with holding out and waiting, in times of uncertainty i refuse to make moves, because this has brought negative results in the past, mostly.
I (shamed to admit it) capitulated at £3660 on Thursday night and liquidated 0.4 BTC for £1500. Sadly, I needed to make sure I had the money to pay a bill. I use BTC as my overall savings account with very little in my actual bank account other than general operating costs and some on exchanges to play with. It means I lost about 0.03 BTC / £150 in real terms. I had been buying bits and pieces during the crash - then panicked and sold at a loss.
I am the master of capitulation. I did it at $280 and I’m sure I’ll do it again. This is a sign we can go up now!
185.
Post 54026247 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.19h):
Yeah, i might sound too bearish because of the $3k - $3.5k range, but i will buy at higher prices too without much loss (or much less gain, if you want to see it that way).
I'm easy with holding out and waiting, in times of uncertainty i refuse to make moves, because this has brought negative results in the past, mostly.
I (shamed to admit it) capitulated at £3660 on Thursday night and liquidated 0.4 BTC for £1500. Sadly, I needed to make sure I had the money to pay a bill. I use BTC as my overall savings account with very little in my actual bank account other than general operating costs and some on exchanges to play with. It means I lost about 0.03 BTC / £150 in real terms. I had been buying bits and pieces during the crash - then panicked and sold at a loss.
I am the master of capitulation. I did it at $280 and I’m sure I’ll do it again. This is a sign we can go up now!
Not really capitulation, unless it represents a large proportion of your holding. It is a sensible move. Plenty of canny hodlers have had to sell small parts of their BTC at lows over the years. It is always better to make sure you have enough liquidity to be comfortable for a long wait.
I have other long term investments and earn a salary, but BTC is my most liquid saving. Stupidly, I spent a ton of money in February renovating... and now the bills are due!
*edit* I call it capitulation because I broke every rule I believe in.... NEVER PANIC SELL!!! IF I PANIC AND WANNA SELL THAT MEANS BUY BUY BUY!
186.
Post 54027955 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.19h):
Cool! I just noticed my bid for XMR at 0.0065 got filled and that its 0.0074 now... nice!
187.
Post 54038316 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.20h):
I'm sure this money will find its way into the "right" pockets, no doubt.....
Sad but true.
188.
Post 54038448 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.20h):
Honestly it looks like 3.5k is almost a sure thing now, lower high after lower high, the question now is do we see a lower low compared to January 2019 (3k)?
I tend to believe it is entirely possible. We will definitely see 6.5k again but probably not this year.
Even 1k-2k area is something we could see again. The good news is there will be another bubble in the future. Nothing better than Bitcoin to make 500%-1000% profits.
500%-1000% from 1k? Entirely possible. 1000% from 2k (new ATH)? Unlikely. I am inclined to think that the all-time bitcoin bull market is over and we will see sideways trend for many years. Next (2024) halving may push the price up a bit, however.
Now that sounds like desperation. And I like it.
Nothing brings us back to reality better than a good kick in the nuts.
I prefer less painful ways of bringing me back to reality.
189.
Post 54053080 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.20h):
Cable going down is good for UK exports.
They export a lot of things, like....
like...
Fish and Chips
Warm Beer
Cricket
That's about it.
I'm always surprised that people outside UK think we drink warm beer. Can't say I've ever had a warm beer in my life. Beer which isn't kept in a fridge is mostly of the real ale variety, which are generally hand pumped from a barrel in a bar's cellar. British cellars are pretty cold.
They forgot to add warm
and flat!
I think I prefer the beer in the UK to the stuff I drank in the US.
190.
Post 54078023 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.21h):
I bought 0.35 Bitcoin recently when the price hits $3,850
Best decision I ever made, what a profit.
And YES, Bitcoin was already dead long time ago.
And, you always
(and only) bang 10s, too.
Those were mine. I sold them by accident. Please can I have them back. I’ll give you £5 for your trouble.
191.
Post 54096554 (copy this link) (by Biro Bob) (scraped on 2020-04-04_Sat_17.21h):
I still have Bombay Sapphire but I’ve run out of Tonic Water.
Shit just got real!
