All posts made by proudhon in Bitcointalk.org's Wall Observer thread
1.
Post 1873476 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_10.53h):
Not much trading going on, but we've hit $20M in bids. No shortage of money waiting to buy
Was just about to post that. Wasn't expecting to see that so soon.
2.
Post 1951206 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_10.54h):
What's interesting right now is that we are just beginning to enter a phase of institutional interest, and, I think, as luck would have it for larger investors, people were scared into putting lots of bitcoin back on MtGox. The ask depth is looking very healthy, and that is exactly what is needed and wanted by people who want to invest $100k+. I think in the next 2 years we could see the bid depth on MtGox reach around $50 million, and the price will need to adjust upward (and there will be a subsequent dramatic correction, no doubt).
3.
Post 3520663 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.21h):
Hi guys. I've been trying to avoid the spec forum, but I decided to break down and jump back in to say "hi". I'm pretty optimistic about bitcoin, but this move is surprising.
4.
Post 3520698 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.21h):
Hi guys. I've been trying to avoid the spec forum, but I decided to break down and jump back in to say "hi". I'm pretty optimistic about bitcoin, but this move is surprising.
THE Bear is BACK! I don't know what to do anymore... ABANDON SHIP!
Historically, my ridiculous bearishness has cost me. Just ask adam.
5.
Post 3520760 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.21h):
Gotta get back to work. Have fun everyone.
6.
Post 3536302 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I really have a hard time understanding why there's still so much money on MtGox.
7.
Post 3542470 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
As Bitcoin Plunges 25% On Government Scrutiny, The First BTC "Fair Value" Reco Has A Stunning Price Target
Let’s use a broad guesstimate. One Bitcoin should theoretically be worth 700 ounces of gold or pretty close to $1,000,000, if we adjust existing supply of both to equal eachother. One BTC is currently worth 0.14 ounces of gold. That gives BTC an upside of 5000 times to equal the current price of gold, supply adjusted. Clearly, I and everyone else believes that Gold may well be much higher than here in the next 5 to 10 years, thus versus the US Dollar the upside for BTC could be multiples of that. Now, before you shake your head, simply go back to the chart of Gold versus the US Dollar and just recognise that it has risen 8750% since the 1920s. And just remember that Microsoft rose 61,000% from its IPO to it’s peak. Considering what we know about the world, I personally believe that Bitcoin may well explode in value as more and more people begin to use it. If you stuck $5,000 into Bitcoins and each Bitcoin did go up to a gold equivalent of let’s say, only 100 ounces of gold (not the potential fair value of 700), then at current prices your Bitcoin stash would be worth $3.3m.
http://www.zerohedge.com/news/2013-11-10/bitcoin-plunges-25-government-scrutiny-first-btc-fair-value-reco-has-stunning-price- For 700 ounces of gold a BTC I'll sell a considerable portion of my Bitcoins.
I suspect that if BTC ever reached that valuation its dominance as an ideal form of money, and its acceptance across just about every industry from which you might want things would be so broad that you wouldn't want to sell any portion of your bitcoin for any other currency. Instead, you'd just spend them for the things you want.
8.
Post 3548931 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I think we're going to see a lot of buy back this morning from the failed weekend dumpers.
I wonder what percentage of them will be buying back at a loss. It's not like we bulls didn't try to warn them....
This is how it looks like right now...bitcoin tank crashing all the doubters and obsticles on its way to become 1# world currency)
That made me lol, thanks.
9.
Post 3549063 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I see over 8 minutes of lag on gox (from i286). Now 9. Can anyone else confirm?
Seeing the same.
10.
Post 3549303 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I sold a few at 372.. I liked that price this weekend. Then gox crashed haha..
Shoot me but on the way to the moon there's turbulence, i'm going to try my luck.
Storing BTC value with 3rd parties is risky. Storing BTC value with MtGox is insane.
11.
Post 3549734 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I sold a few at 372.. I liked that price this weekend. Then gox crashed haha..
Shoot me but on the way to the moon there's turbulence, i'm going to try my luck.
Storing BTC value with 3rd parties is risky. Storing BTC value with MtGox is insane.
I seem to be getting my prescience back...
12.
Post 3549770 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I sold a few at 372.. I liked that price this weekend. Then gox crashed haha..
Shoot me but on the way to the moon there's turbulence, i'm going to try my luck.
Storing BTC value with 3rd parties is risky. Storing BTC value with MtGox is insane.
I seem to be getting my prescience back...
Sorry PH, I don't think it requires any special powers to realize these two things.
...and yet lots of people still store lots of bitcoins and other money on MtGox. It's really incredible. I just don't understand it.
13.
Post 3549856 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I sold a few at 372.. I liked that price this weekend. Then gox crashed haha..
Shoot me but on the way to the moon there's turbulence, i'm going to try my luck.
Storing BTC value with 3rd parties is risky. Storing BTC value with MtGox is insane.
I seem to be getting my prescience back...
Sorry PH, I don't think it requires any special powers to realize these two things.
...and yet lots of people still store lots of bitcoins and other money on MtGox. It's really incredible. I just don't understand it.
It also doesn't take any special power to realize there are a lot of idiots out there. I agree, it's incredible. I always say that people need to get burned before they learn their lesson, but some people get burned and just keep on doing the same old shit.
I was burned once. Bitcoinica got away with 150 of my bitcoins (I understand MtGox is basically holding them hostage), and I consider myself lucky it wasn't much worse than that. I've managed my own bitcoins in my own offline wallets ever since. I understand that bitcoin already attracts people with high risk tolerance, but adding the risk association with MtGox historically adds...again, I just don't understand how people are tolerating that level of risk with the amounts that are sitting on Gox.
14.
Post 3550428 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
i can't access the btcchina.com either...how about you guys?
for me it works from europe..
work for me now too, but not if you type just url btcchina.com...you must use the whole url with www...i guess the problem is not ddos, but only wrong or no redirecting on the url without www...
Works for me from East Coast US.
15.
Post 3552482 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
Just talked to karpeles via personal cell. He says buy orders are working fine but sells are not. Not exactly sure what the problem is, but has determined this is a new kind of ddos. Should be resolved by end of the month.
LOL, best laugh of the day.
16.
Post 3560188 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I just don't see how bitcoin could become a major currency to buy and sell goods without the volatility issue being mitigated first. This is why I think the 400 billion market cap should come first, and afterwards the whole currency shabang.
I think this is right. Bitcoin, as a decentralized currency, simply can't be brought into existence as a usable currency by the standards of what we're all used to right out of the gate. Its design ensures that that cannot be the case. Its design practically demands it be a speculative vehicle at the get go (for who knows how long). What's really interesting is that it's attraction as a speculative vehicle during it's growth phase is, it appears, a necessary step to becoming a decentralized currency (in the useful sense we're all used to in terms of stability, etc.). If it weren't for its speculative attraction, how would it ever reach a valuation capable of handling lots of transactions for lots of products (from homes to candy bars) on an international scale?
17.
Post 3560317 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
I just don't see how bitcoin could become a major currency to buy and sell goods without the volatility issue being mitigated first. This is why I think the 400 billion market cap should come first, and afterwards the whole currency shabang.
I think this is right. Bitcoin, as a decentralized currency, simply can't be brought into existence as a usable currency by the standards of what we're all used to right out of the gate. Its design ensures that that cannot be the case. Its design practically demands it be a speculative vehicle at the get go (for who knows how long). What's really interesting is that it's attraction as a speculative vehicle during it's growth phase is, it appears, a necessary step to becoming a decentralized currency (in the useful sense we're all used to in terms of stability, etc.). If it weren't for its speculative attraction, how would it ever reach a valuation capable of handling lots of transactions for lots of products (from homes to candy bars) on an international scale?
Speculation is necessary, and welcomed.
When you start with an idea as brilliant as Bitcoin, yet it's initially worth nothing, you are going to have a long and volatile price discovery period. Speculation, even though it may not seem so from a casual glance, provides liquidity and reduces volatility.
A decentralized, voluntary solution probably isn't going to reach it's maximum potential instantly. It's going to take time. We've barely cracked the surface here.
Completely agree.
18.
Post 3562069 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
btcchina's order book looks primed for a move one way or another.
19.
Post 3562140 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
btcchina's order book looks primed for a move one way or another.
i think its either going to go up or down
We'll yeah, but the point is that most of the western books look like they're in a holding pattern with nobody willing to provide any depth near the spot price. BTCChina, on the other hand, has healthy depth building on the bids side. That doesn't really tell you where things will go, but it is, I think, and indication that at the very least there should be significant movement one way or the other soon. Sellers could look at it as a chance to liquidate significant amounts without much slippage, which would probably push the price downward. Buyers might look at is as building competition for bitcoins, which could induce a healthy round of buying if somebody decides to break ranks and buy into the sell orders. So there you go.
20.
Post 3564102 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
Looks like China is making a move...
21.
Post 3564393 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.22h):
14 hours later i'm still locked out of my gox account due to some bug where OTP magically appeared on my account and gives me invalid code when i don't have one set up. I found in the service section someone else has this issue.
I missed the sell at 390 and rebuy at 360.
I also had fiat i wanted to buy back into at 365 mark with, which totally flopped.
14 hours later, I still can't access my account still and watching the price float upwards. Support ticket hasn't even been assigned. How much money have these guys made off me and others? Unacceptable.
As soon as they fix whatever is locking my account (will probably be days) i'm going to market buy, withdraw everything and specifically email them to shut down my account.
Furious. B*stards.
always have multiple avenues into and out of this market...
Also, don't use MtGox.
22.
Post 3574576 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.23h):
I don't get it. Everything looks normal to me.
23.
Post 3590419 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.23h):
Just watched that wall on Stamp get gobbled up. Pretty incredible.
24.
Post 3590461 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.23h):
Just watched that wall on Stamp get gobbled up. Pretty incredible.
450 new "bottom" LOL
Who knows. But that burst of buying was pretty intense.
25.
Post 3595049 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.23h):
wow - falling fast on Stamp. Not sure if I want to catch this knife...
.
It is very sharp but it keeps bouncing back every time it falls. I expect that only bad news will cause a real crash. I don't know what that could be other than regulations..
I have not seen that much buying power the last few days. Who dares to buy?
I did. I wanted to buy something with bitcoin. So I bought some more and spent them.
26.
Post 3611307 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.24h):
Love this period of "wtf have we just done, everyone wait a second" as trading completely pauses after breaking important barriers
now we are breaking down walls to
/\700!!!*jmho*
It'll be interesting to watch what happens now. In the past, it hasn't taken long for the ask depth to fill back in. Maybe people are taking their coins out of gox. Who knows. It's also going to be interesting to see if/how tomorrow's senate hearing influences the market.
27.
Post 3616743 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.24h):
I think the total bid depth on Gox is more surprising than the price. Why is so much money flowing into Gox? Not only are coin prices significantly higher on Gox, but it's practically impossible to get money back out. I really don't get it.
28.
Post 3617003 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.24h):
China's books could really use some ask depth. Less than ~1800BTC on the ask side.
29.
Post 3617051 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.24h):
Somebody is "hiding" a ~2000BTC ask at around $3300 (Goxbux) on Gox's order book. Not sure what they're trying to communicate since most people won't ever look up there.
30.
Post 3617155 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.24h):
Somebody is "hiding" a ~2000BTC ask at around $3300 on Gox's order book. Not sure what they're trying to communicate since most people won't ever look up there.
I noticed this too.
Order book balancing ?
Without that 2000 BTC there would be less than 10k left for sale on MtGox at any price.
Maybe.
31.
Post 3617197 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.24h):
Somebody is "hiding" a ~2000BTC ask at around $3300 on Gox's order book. Not sure what they're trying to communicate since most people won't ever look up there.
I noticed this too.
Order book balancing ?
Without that 2000 BTC there would be less than 10k left for sale on MtGox at any price.
Gotta plan for spikes
That'd be some spike. BTW, is BTCChina's volume really almost the same as Gox, Stamp, and BTC-E combined?!
32.
Post 3622524 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.24h):
I just find it hilarious that the price goes near vert as I am getting my funds in order...boy do I feel silly for being slow.
I can hope for minor correction through out the week to buy in at, but I might end up just dollar cost avg'n to mitigate a crash or steady gain. However I don't really feel a crash per say as much as some corrections.
We've all been through that. First time I spent a significant amount, the price doubled from the time I initiated the transfer to MtGox to when it showed up. After I bought, the price fell 30%. The time between the fall and when things picked up again was a little stressful, to say the least.
33.
Post 3633261 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.25h):
So, how'd the hearing go?
34.
Post 3633393 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.25h):
The price swings will continue until morale improves
Morale is low right now? Good lord.
35.
Post 3641497 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.25h):
My wife wants to spend my coins
My wife told me to sell at $700 yesterday, but I said I was holding. Think her timing is better than mine lol
My wife was annoyed at me for a long time because I didn't sell everything at $32 in 2011.
36.
Post 3641751 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.25h):
My wife wants to spend my coins
My wife told me to sell at $700 yesterday, but I said I was holding. Think her timing is better than mine lol
My wife was annoyed at me for a long time because I didn't sell everything at $32 in 2011.
Why the hell would you tell your investments to your significant other?
Because I like her.
37.
Post 3644711 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.26h):
Are you guys looking at different charts than me?
Looks like pretty normal volatility to me, compared to the action we have seen the last couple of days.
Volatility either side of the peak is a standard pattern, I'll be surprised if this time around we don't see the same as the previous bubbles. In fact, given how routine they are, I'm not sure we can call them bubbles as a bubble by definition is a one time cataclysmic event.
This
38.
Post 3651633 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.26h):
Every time it's a bigger bubble, bigger losses, and more negative publicity. Which is why they won't buy in.
Which is why they will never buy. Which is why there will never be mass adoption. Which is why Bitcoin will never become all of the things we had hoped it would.
What are you talking about? The 2011 bubble was the biggest bubble of all and those who bought at the top would be sitting on huge profits right now. This drop from $900 to $453 is also peanuts compared to the crash in April, so the bubbles are only getting smaller and the losses as well. There is no such thing as negative publicity for bitcoin.
The only people who bought in 2011 are people who understand Bitcoin.
Again my point is take yourself to a normal person thinking strategy. Okay let me spell it out for you.
You now only have a high school diploma. You work at a factory, walmart, you're a waiter bartender whatever.
You have 3 kids, a tiny house, and a minivan.
You live paycheck to paycheck.
You took your savings ($10,000 or so) you put it into this Bitcoin thing.
Now you have $5000 worth of Bitcoin/savings.
You think they are still holding and hoping?
You think they haven't sold and are screaming and cryin at the top of their lungs I lost half of my life savings Bitcoin is the devil to everyone they know?
This is why it is bad. Because the people investing in bubble rises are people who think they will get rich quick (99% of the population which is why lottery is the most profitable thing for states) and when "healthy corrections" happen it's devastating to the reputation to Bitcoin and the bigger they get and the harder they fall the more negative news and I promise you the 99% don't know, care or believe in BTC technology they believe in their dollar and you Bitcoin took it from them.
Oh, look, it's me in 2011 and 2012. Except I grew some balls and now I'm rich.
39.
Post 3675147 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.27h):
40.
Post 3675283 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.27h):
This is bearish right? RIGHT?
You've... changed...
There are no bears in bitcoin. They have all been run over by the bitcoin train. Choo choo!
Well, the fact is, if bitcoin sticks around, and the infrastructure continues to strengthen, and more services are built on top of it, then it will simply be worth a lot more than it is now. And even then, I think it will continue to be a very bumpy ride, compared to just about everything else. Or, the whole thing could collapse.
41.
Post 3710365 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.28h):
Is 800 the new 15 and or 130???
hmmm
I think it's probably too soon to know that, but I'm putting myself in a buying position again for the first time in a while (with new USD, not from sold BTC). I'm waiting for a more decisive dip before I start accumulating again. What I'd like to see is a burst of panic selling, TBH.
42.
Post 3710687 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.28h):
I've been trying to stay away from trading, but the overall trends are still surprisingly easy to take advantage of in this market, especially having observed it for so long. One of the primary problems for new adopters (and many of us went through this) is that many of them are brand new to any form or trading (as I was 3 years ago).
Resisting the psychological effects of seeing the market move against you after you take a position by joining selling in a panic are really, really hard to do. Lots of people think they can do it, in the abstract, but it's just not that easy once your money is on the line. Knowing that so many people who join during bull runs are so powerfully subject to these psychological effects makes bitcoin ripe for manipulation, for better or worse. I think it's a phenomena of the bitcoin market that will be reduced over time as the market as a whole matures, and I think there's already some evidence of that, but I think it will continue to persist for years to come.
None of this is anything totally unique to bitcoin, but I think it is amped up in this market in part because the barrier to entry is so low.
43.
Post 3712711 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.29h):
Staggering all the way down to $100, with increasing buy amounts on the way down. Time to take some money.
44.
Post 3726154 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.29h):
*Ladies and gentleman, this is your captain speaking. Prepare for lift-off ! *
*Ladies and gentleman, this is your captain speaking.
We had some delays because there were bears loose on the runway.
They have been taken care of, so relax and enjoy the flight.
We hope you will fly with bitcoin airways again*
We're flying Virgin, I assume.
45.
Post 3731387 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.29h):
can i ask a question? when the buy is smaller than the ask/sell number.. that means there are more people willing to sell than buy right?
It's not that simple. For one thing, there are more people willing to buy or sell than the number of people who have positions on the orderbook. I may be willing to sell, but may not want to let the market know that I'm willing to sell by putting an ask/sell order on an orderbook. Instead, I might just execute a market order and sell directly into the buy orders. Similarly, buyers may wish to buy, but might not advertise that on the orderbook, and might, instead, buy some of the ask/sell orders sitting on the book.
46.
Post 3851638 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.32h):
tripple bottom achived, now into the 1400's
Maybe. Though, it'd be kinda nice to go into an infamous long-slow-slide period so that all the (new) told-you-it-would-fail crowd could finally release their load and move on with the satisfaction that they were right all along about bitcoin. After that, we can begin the march toward $10k and beyond. #beenherebefore #like3or4times #formerbitcoinwillfailtroll
47.
Post 3863614 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.33h):
A moment of silence for all the panic sellers who will have lost in this most recent, but oft repeated bitcoin ride. We've all been there. Your initiation is complete. Welcome to the club.
48.
Post 3863665 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.33h):
A moment of silence for all the panic sellers who will have lost in this most recent, but oft repeated bitcoin ride. We've all been there. Your initiation is complete. Welcome to the club.
Too early to brag I am afraid.
I'm not bragging. Whether the bottom is actually in or not, lots of newcomers are going to have lost on this as they try to be day/swing traders and fail at it. This is the, what, fourth time I've experienced this? The infrastructure is stronger than ever and more people than ever recognize a value in a distributed ledger system. Bitcoin is finally bumping up against governments, who are taking it seriously, and the market is working through that uncertainty. Nevertheless, I think odds are in favor of the system making it through these challenges. That isn't to say it still won't be a very rough ride for a while.
49.
Post 3864376 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.34h):
Thats sad how easy they manipulate the Bitcoin price. This could be the begining of the end of BTC.
It sure is a bad thing for the BTC-economy
After the April crash this forum was filled with exactly these kind of comments.
And after November 2010, and February 2011, and June 2011, and January 2012, and August 2012...
50.
Post 3877789 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.34h):
This has been the most difficult of all the crashes to watch without moving significant sums of bitcoin to the exchanges (because opportunity seemed so obvious), but I remain resolved that the risk of allowing 3rd parties control over my bitcoins is too great. The best I was able to do was have some fiat on a couple of exchanges with buy orders staggered all the way down to $250, many of which, as you can imagine, were hit, and the bitcoin have subsequently been removed from the exchanges.
51.
Post 3878265 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.34h):
This has been the most difficult of all the crashes to watch without moving significant sums of bitcoin to the exchanges (because opportunity seemed so obvious), but I remain resolved that the risk of allowing 3rd parties control over my bitcoins is too great. The best I was able to do was have some fiat on a couple of exchanges with buy orders staggered all the way down to $250, many of which, as you can imagine, were hit, and the bitcoin have subsequently been removed from the exchanges.
I'm with you on this. Here, take more money then I've ever had in my life and please don't make it disappear ok?
ok?ok?ok?ok?ok?ok?Yep. It's really an absurd risk, on top of the risk of merely being involved in bitcoin in the first place.
52.
Post 3878641 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.34h):
This has been the most difficult of all the crashes to watch without moving significant sums of bitcoin to the exchanges (because opportunity seemed so obvious), but I remain resolved that the risk of allowing 3rd parties control over my bitcoins is too great. The best I was able to do was have some fiat on a couple of exchanges with buy orders staggered all the way down to $250, many of which, as you can imagine, were hit, and the bitcoin have subsequently been removed from the exchanges.
I'm with you on this. Here, take more money then I've ever had in my life and please don't make it disappear ok?
ok?ok?ok?ok?ok?ok?Yep. It's really an absurd risk, on top of the risk of merely being involved in bitcoin in the first place.
You can trade only with a slice. Ofc risk is higher, but so is possible gain also. Without risk, there's no win. Gox and Stamp has not directly stolen anyones money (if goxxing doesn't count).
The value I'd be willing to risk trading around on an exchange probably isn't worth the possible gain, and exposes me to, at least, losses from making bad guesses about the short term market, but potential problems with the exchange itself, or worse. I took a pretty substantial risk in early 2011 that has paid off in an incredible way. I think it'd be foolish to compound the risk that still exists merely holding bitcoin at all by allowing a 3rd party control over even a portion of my bitcoins. Just isn't worth it.
As to Gox having not directly stolen anyone's money, that's maybe only technically true in a very narrow sense. They are, as a matter of fact, sitting on over 150BTCs of mine that were transferred via a MTGOX code to bitcoinica's MtGox account in early 2012. Those bitcoins were never actually used in any positions on bitcoinica. MtGox, so far, has refused to cooperate in helping to get those bitcoins back to me...and those are just the ones that belong to me. They're sitting on many tens of thousands of bitcoinica bitcoins. They may not have technically stolen them, but it sure feels like it.
53.
Post 3936063 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.36h):
Gather round everyone. I'll tell you how this will play out. The exchange rate will languish for a while. New money will flow to the exchanges as interest is increasing, but new buyers will be hesitant to buy, as they may suspect the price is in a downtrend, and so will hold of buying in the hope that they can get the most bitcoins for their money. This will go on for a while, maybe many months. The total amount of money waiting to buy will build over this period, and this won't be obvious by merely looking at bids on the order books.
Eventually, the distance of time will minimize the fear of this most recent run-up. A few people will buy largish amounts, then a few more, and so on. The bids will begin to pile up on the order books, and a new phase buying like we've just seen (and like we've seen many times before) will begin, which will quickly accelerate after old highs are broken.
Then repeat.
54.
Post 3936143 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.36h):
Gather round everyone. I'll tell you how this will play out. The exchange rate will languish for a while. New money will flow to the exchanges as interest is increasing, but new buyers will be hesitant to buy, as they may suspect the price is in a downtrend, and so will hold of buying in the hope that they can get the most bitcoins for their money. This will go on for a while, maybe many minutes. The total amount of money waiting to buy will build over this period, and this won't be obvious by merely looking at bids on the order books.
Eventually, the distance of time will minimize the fear of this most recent run-up. A few people will buy largish amounts, then a few more, and so on. The bids will begin to pile up on the order books, and a new phase buying like we've just seen (and like we've seen many times before) will begin, which will quickly accelerate after old highs are broken.
Then repeat.
FTFY.
Well, in all seriousness, I do expect the slump to be shorter than previous ones. The infrastructure is on a good trajectory, and is more robust than it's ever been (with a very long way to go, still). My take on overall public perception is that distrust and skepticism are lower than ever.
55.
Post 3936988 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.36h):
We have a support at 30-day EMA. But we already tested it during the previous drop, and now we are right on top of this EMA. Will break it soon.
Probably. Does that help?
56.
Post 3937783 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.36h):
Another 16k in block 274536.
Something big is going down.
Ive only got about 10% in BTC the rest in dollars! but I'm still nervous.
True that coins might not be moving to an exchange for a dump. But, bearish signs are everywhere. Also, new deposits halting as weekend approaches.
Odds of a rally are pretty low. Sell now to be safe.
lol, I remember this job.
57.
Post 3943321 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.37h):
You don't bear very hard.
58.
Post 3963967 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.38h):
59.
Post 3964106 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.38h):
I felt severe nostalgia looking through old Bitcoin posts yesterday.
We were all dealing with nothing back then, but it was fun and exciting nonetheless.
2011, #bitcoin, those were fun times.
60.
Post 3983619 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.38h):
moon $1000
mars $10000
I'm looking at this picture and all I can think is "why the F would we want to go there?"
the human race has an instinctive drive to explore and experiment
its what got us this far
its what will insure our survival
its fucking important
This is the "Official OFFTOPIC thread" so here's my thought:
Because if for some unfortunate reason <your favorite destructive scenario here>, something happens in THIS planet there will be the seed for the society to be rebuilt.
Better make sure you pick the right co-astronaut for the trip, just in case...
That one. I pick that one.
61.
Post 3983775 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.38h):
Better make sure you pick the right co-astronaut for the trip, just in case...
That one. I pick that one.
Haha, I know right?
Too bad her character on "the newsroom" spouts a lot of nonsense about economics, otherwise I might have considered her as a candidate for the future Mrs. Spaceman
.
Lucky for me, I've never seen The Newsroom.
62.
Post 4000333 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
I still haven't been able to figure out what's going on. All I see are sources. Sources everywhere. All referencing sources. I can't decide if I'm supposed to sell all my bitcoins or HL3 is coming out tomorrow. I'm so confused. Help!
63.
Post 4000446 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
I still haven't been able to figure out what's going on. All I see are sources. Sources everywhere. All referencing sources. I can't decide if I'm supposed to sell all my bitcoins or HL3 is coming out tomorrow. I'm so confused. Help!
hahahahahaha!
lol yes! i know! wtf right
HELP!
hahahahaha!
BRB, checking to see if HL3 is out...
64.
Post 4000612 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
http://china.dwnews.com/news/2013-12-16/59357811.htmlO
M
G
!
!
!
TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption.
Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys.
65.
Post 4000661 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
http://china.dwnews.com/news/2013-12-16/59357811.htmlO
M
G
!
!
!
TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption.
Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys.
THATS BAD NEWS!!! SHIT!!!
If you don't read Chinese, click the link. You'll see some Chinese writing. Also, I mentioned "sources". This is undeniable. Tell your friends. Sell your bitcoins.
66.
Post 4000675 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
http://china.dwnews.com/news/2013-12-16/59357811.htmlO
M
G
!
!
!
TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption.
Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys.
fake...?
(1) I checked the sources.
(2) The sources are true.
(3) This is bad.
(4) Lists.
(5) Proof
67.
Post 4000775 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
I'm telling you guys, check the sources. People are posting fake google translations of the source article quoting the true sources. We're screwed. Coindesk will be posting an article soon.
68.
Post 4000906 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
See!!! I told you more sources would confirm what I posted earlier. Satoshi has been found. China has the bitcoin shutoff codes and is going to use them!!!
http://www.reddit.com/r/Bitcoin/comments/1t1o9d/satoshi_found_chinese_gov_has_bitcoin_shutoff/http://china.dwnews.com/news/2013-12-16/59357811.htmlO
M
G
!
!
!
TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption.
Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys.
69.
Post 4000964 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
More proof!!! Get out while you can!!!
70.
Post 4001054 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
Stop buying guys!!! More proof of imminent bitcoin shutdown
here.
Headline Translation: China announces imminent shutdown of bitcoin network with codes taken from detained Satoshi Nakamoto. Declares bitcoin global economic virus.
71.
Post 4001070 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
And let me show you something by quoting myself!
Stop buying guys!!! More proof of imminent bitcoin shutdown
here.
Headline
Translation:
China announces imminent
shutdown of
bitcoin network with codes taken from
detained Satoshi Nakamoto. Declares
bitcoin global economic
virus.If what my sources demonstrate isn't true, why would I bold those things? Why!?
72.
Post 4001090 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
Stop buying guys!!! More proof of imminent bitcoin shutdown
here.
Headline Translation: China announces imminent shutdown of bitcoin network with codes taken from detained Satoshi Nakamoto. Declares bitcoin global economic virus.
you seriously need to stop, news don't know about ignore.
On other notes. I thought 1k was June 2014 territory Bitcoin is a honey badger.
What? I don't understand? Can you read Chinese? If not, they why don't you believe me!!! Just look at those websites for
proof (if you don't read Chinese).
73.
Post 4001130 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
URGENT NEWS: Satoshi nakamoto is actually snowden!!
Um, proof in Chinese, or I can't believe it.
74.
Post 4001137 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
What? I don't understand? Can you read Chinese? If not, they why don't you believe me!!! Just look at those websites for proof (if you don't read Chinese).
why you are acting like idiot?
Aaaaaaaaaand, I rest my case.
75.
Post 4001163 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
URGENT NEWS: Satoshi nakamoto is actually snowden!!
Um, proof in Chinese, or I can't believe it.
證明
Wow! I simply had no idea!
76.
Post 4001202 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
77.
Post 4001284 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
78.
Post 4009981 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
Wait a minute, just wait a goddam minute, I think I'm getting some bad news from sources...
79.
Post 4010176 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
Wait a minute, just wait a goddam minute, I think I'm getting some bad news from sources...
I love looking for patterns. Most of the time im off the mark somewhat. But i look all the same!
Just got off the phone with the Ministry of Sources of the PBOC. They confirmed that the rumors of the past 24 hours are in fact false. That being said, it's not good for bitcoin. They will be adopting Quarkcoin as the official currency of China.
80.
Post 4011991 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
get ready to panic buy on bitstamp
Looks good, Chinas at a wall but buying and a bit of resistance at btce but getting through it
I wouldn't be shocked if China had a lot of selling pressure compared to other countries for quite a while now, if they really do have to get out of BTC and withdraw.
Did you even read the article
Why would anyone do that when they can just sell everything instead?
81.
Post 4012722 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.40h):
It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by
official PBOC statements. Get out now.
82.
Post 4023965 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.41h):
Ask yourself one question. What do you think people on the East Coast of US will do when they wake up? Say WOW those are cheap coins. Or, panic in the streets?
I live on the East Coast. I just woke up. And......[shrug]....I've gotta go to work early today.
83.
Post 4024010 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.41h):
sorry to those who sold at that bottom
we're not there yet.
I sincerely think that a significant proportion of new accounts created in the last week or so were strategically created to profit off of what was happening in China. What's been going on around here with all the poorly worded news posts, with links to the same thing (over and over), just smells like a tactical maneuver by somebody. It feels like the SA mob in 2011, which is what I've been trying to demonstrate with my recent shitposts. The force is strong with the noobs, though. So, here we are again.
84.
Post 4024075 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.41h):
Who is still in the green at these prices? And who made a huge loss?
If
I go out of the green, then it's bad.
85.
Post 4024466 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.42h):
Well, the good news is there will now be an even larger base of people in bitcoin who've been hardened by experience. The bad news is, a lot more people will be joining us in the next year or two.
86.
Post 4109641 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.45h):
Hey, who's ready for Christmas?
87.
Post 4109836 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.45h):
Honestly, id be more interested in seeing a pic of your wife, but I can understand if you decline...
Since you asked, and I happen to have these on this computer...
Edit: Yeah I know I look a bit gay in these photos but things we do to keep our girls happy...
Hey Chaang Noi,
I'm guessing from your screen name and the wedding attire your girl has on she is from Thailand?
Nope. She's Irish.
88.
Post 4187810 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.47h):
I think Loaded is at it
Exceeded $40m in bids on MtGox briefly, which just seems amazing to me for a couple reasons. (1) Why is so much money still flowing to MtGox where prices are higher and the ability to withdraw USD is practically non-existent. (2) I remember when the entire bitcoin "market cap" was a fraction of what's currently visible in bids just on Gox. Surely there's quite a bit more money not presenting itself on the order book, plus all the money sitting on all the other exchanges.
89.
Post 4191365 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.48h):
Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.
After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.
Sounds like legit advice.
I'd totally be down for some bitcoin tarding again, but I hodl because I'm trying to put myself in a good position to pay long term capital gains (best, reasonable, compliance case) without any possible complications and obligation by having any USD or BTC on foreign exchanges.
Given the position I'm trying to get into for compliance, short term tarding would just be foolish. Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding.
If you're a US citizen and you're trading with more than $10k, and haven't considered the implications of foreign exchange and tax implications of realizing profit, etc, good luck.
90.
Post 4191498 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.48h):
Given the position I'm trying to get into for compliance, short term tarding would just be foolish. Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding.
Does that make you a hodling tard then ?
Sure. A tard who doesn't want the disruption and potentially heavy financial costs of being unprepared for the tax man.
91.
Post 4372479 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.52h):
I'm buying (small amounts) now,
everyone is expecting a drop...
generaly means an increase
But have you read the
latest confirmed bad news, verified in the links I provide. Read them yourself. It's over.
92.
Post 4377216 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.53h):
They're smart to liquidate those Ulbricht bitcoins for USD instead. They should do it on MtGox, cuz that's where the liquidity is.
93.
Post 4434196 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.54h):
looks like huobi is first to break out of the channel to the upside.
Nah, just a wobble on the way down. Sources have confirmed this. 充分證實和真實
94.
Post 4450425 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.54h):
Given all the Chinese language websites on the internet, my guess is this is a bull trap. Since many of them are about sources that say some things.
95.
Post 4452330 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.54h):
the plunge is coming, everyone must make the pledge!
Just remember, if you're in the US, everytime you execute orders on a market you restart the clock on long term capital gains eligibility. That's ok, though, because short term capital gains is only like twice as much.
96.
Post 4467212 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.54h):
Look at BTC-e order book someone pushing the price up ? a wall of 1000 BTC @ $850
that a really nice wall, NO ONE SELL INTO IT or i will personally bitch slap you.
Overstock will take it out.
97.
Post 4467351 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.54h):
Look at BTC-e order book someone pushing the price up ? a wall of 1000 BTC @ $850
that a really nice wall, NO ONE SELL INTO IT or i will personally bitch slap you.
Overstock will take it out.
doubtful
that wall is nearly 1million dollars.
The Chinese government will probably start buying stuff on Overstock so that Overstock is forced to crash the price and destroy bitcoin. You heard it hear first.
98.
Post 4508550 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.55h):
i panic sold once and i felt so dumb that i've adopted the strict HODL policy and it's been working out for me so far
you guys should try it out too
I've moved to a pure SODL strategy, since we're clearly heading to zero.
99.
Post 4508884 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.55h):
i panic sold once and i felt so dumb that i've adopted the strict HODL policy and it's been working out for me so far
you guys should try it out too
I've moved to a pure SODL strategy, since we're clearly heading to zero.
Why are you still here when you think we are going to zero?
Just as the Chinese government has recently warned citizens of the dangers of bitcoin, I am warning citizens of bitcointalk of the dangers of bitcoins, to help as many people as possible. Only Satoshi and maybe 2 or 3 other people will make any money from bitcoin. Everyone else will lose money, and probably destroy their life, as the Chinese government has explained.
100.
Post 4509999 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.55h):
Please translate to Chinese and post
here.
101.
Post 4527635 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.55h):
There is a live conference going on in China atm, they just said
"Japanese public television:
There is a question about bitcoin, as China's central bank on Bitcoin development in China how to treat? Do you think bitcoin will bring what risks? The Chinese government should prohibit the use of bitcoins it?
2014-01-15 12:22:09
Shengsong Cheng:
About Bitcoin problems, the People's Bank and other five ministries jointly issued a notice, I would like to emphasize, first, we propose, is not the true meaning of bitcoin currency. Second, we prompt the Bitcoin risk and made the request.
Bitcoin is a specific virtual goods. What I understand is called money? The first is the medium of exchange currency is widely accepted by society as a whole medium for the exchange of commodities. Monetary developments in the history of thousands of years, once the physical currency, the final form of physical currency is gold and silver. Like Marx said natural gold is money. The most essential characteristic of money is a medium of exchange and measure of value. Itself to be valuable, so it can be denominated. Since gold production is limited, it can not meet the growing social and economic development, so the gold standard collapsed. From the later seventies of last century, the world monetary credit system completely behind monetary credit system is a powerful force of national credit and forced the country, so we put the national currency, credit currency called legal tender.
2014-01-15 12:22:27
Shengsong Cheng:
We take a look at Bitcoin, Bitcoin is not having the characteristics of these currencies? As far as I know, the vast majority of countries do not recognize the Bitcoin currency status. Currency in circulation in addition to the media, the value of scale functions, there is a very important function is denominated instruments. Bitcoin itself is not denominated in the currency, nor as the quote currency is possible. Plunged wild speculation "currency" can be used as currency it? Bitcoin transactions for good, good investment, you need to pay attention to its risk. People's Bank and the relevant departments will continue to focus on the movements of Bitcoin and associated risks, strengthen the monitoring, analysis, and guide the public to establish a correct concept of money and investment philosophy. Thank you.
"
I don't really know what this means. I used google translate on this page:-
http://www.china.com.cn/zhibo/2014-01/15/content_31172976.htmI read the Chinese version and basically it says don't buy bitcoins, sodl all your bitcoins if you have any, and if you don't have any then shotr at maximum margin.
Edit: Just wanted to say that my interpretation has been confirmed by sources.
102.
Post 4528001 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.55h):
Infinite supply on Stamp. Bearish as hell.
Insiders are selling while enthusiasts are buying.
I've confirmed this by sources. SHOTR if you've already SODL!!! This is scary!
103.
Post 4534179 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.56h):
OMG SELL SELL SELL
No kidding! That is one of the most bearish charts I've seen yet. With all the confirmed bad news, plus this chart, plus all the great bearish TA you can find around here, it should just be obvious to everyone that if they have any bitcoins they need to SODL them ASAP. If you don't have bitcoins, find a way to SHOTR at the highest margin levels. We can all still make a lot of money from bitcoin on the way down.
104.
Post 4545084 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.56h):
Looks like there are some rumours abound in China atm, Huobi is acting really twitchy.
There are no Chinese rumors, only confirmed bad news facts from trusted sources. Sell now!
105.
Post 4548291 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.56h):
Unless, of course, ubber-bulls and hodlers are
As we've recently seen from good sources, Wall Street isn't coming to bitcoin and is moving on to interest in 3D printing and self-driving cars, as those technologies clearly hold more promise than bitcoin. Once everyone internalizes that fact, the price will enter free fall. Shotring now will command fantastic returns, especially at very high margin levels.
106.
Post 4554717 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.56h):
Thank you for this confirmed bad news. I invite you to post it in
this thread here so to keep all the confirmed bad news in one places, so that people can easily see just how bad things have gotten and are getting. With this new news, I expect we'll begin setting new 2014 lows, and will continue to do it on a monthly basis, at least.
107.
Post 4555014 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.56h):
CRRRRRRRRRAAAAAAAAAAAAAAAASHHHHHHHHHHHHHHH
TIME TO BUY SOME RIPPLES !!!
lol ripples
I did some analysis yesterday and found a very low number of confirmed foreign language bad news sources about ripples, which to me suggests it's a buy right now.
108.
Post 4602474 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.57h):
the rear view mirror. bought at $789 just sold. BOOyah!
Congrats with that, goign by time of your post seems like you just about hit the top.
I have been trying to short all the way from $810. Lost about $400 so far today.
Still shorting though and now that sentiment of the gamblamaniacs on Huobi seems to have changed course, my bets might actually start coming good.
It's important to think long term when shotring bitcoin at this point. There will be some
good "good" news (but it will not be confirmed by good sources in the right way, watch out for this), but you can't let this impact you, because the confirmed bad news is too clear and verified by good sources. In other words, the bad news fundamentals are too strong. Shotring bitcoin at any price is a good bet, due to confirmed bad news sources that we have verified from reliable sources.
109.
Post 4603422 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.57h):
now, that the sunday rally is over
how low will the monday dump take us ?
Probably very low, as confirmed by bad news sources and the verified fact that the price didn't break old ATH today. This confirms additional bad news and new ATL.
110.
Post 4609133 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.57h):
... the cage door on the bear trap is now almost completely shut
panic buy-back moment by bears is going to be the most lulz and precious moment i've had in some while
history only rhymes it never repeats exactly.
It's easy to lose sight of the long term bad news from confirmed sources fundamentals that indicate taking a strong SHORT position. Small upward price wobbles, and unconfirmed "good" news can make it seem like bitcoin has staying power, and that its value might be higher in the future, but when you get that feeling, it's important to
revisit good verified bad news sources from confirmed sources. That should help get you back to fundamentals, which in the case of bitcoin are bad, as confirmed by good sources of bad news.
If you're already in a highly leveraged SHOTR position, the thing to do, if you're correctly aligned with fundamentals, and if the market seems to be moving against you (which should only be temporary), is to put more money in to protect your SHOTR and keep it going. Since we have so much confirmed news from sources, especially encrypted in non-English language characters like Chinese and Russian, we know that bitcoin is going to violently crash and fall to oblivion, as confirmed.
111.
Post 4609946 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.57h):
Would you say that this is about the porn news?
No. Just typical price gyration. The porn news is in English and is unconfirmed and from bad sources, therefore it's of no consequence. This has all been confirmed by good sources.
112.
Post 4656347 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.57h):
LOL flight from alts to MEME-COINS (ie doge) is hilarious. PPC is in a death spiral.
I got out at a good time then.
I keep thinking, now that we know bitcoin can't work in the real world, as confirmed by sources, we really need to focus on the development of a new cryptocurrency that is like bitcoin, but better. And, everytime I think about how bitcoin can be significantly improved, the main thing I keep coming back to is its volatility and that its supply needs to be controlled by me.
113.
Post 4691454 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
I'm BACK!
CCMF time!!
Yes indeed, our maximally leveraged SHOTR positions are about to take off like a flying time train. Prepare your minds people.
114.
Post 4692457 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
None of these companies are going to accept bitcoins directly. Payment through a payment processor is not bullish. It indirectly causes selling pressure on exchanges.
The reasons we didn't see much selling pressure after Overstock is because so few are actually buying things with bitcoin. Overstock did 500k sales total since Jan 9. 125k was on the first day... That is a huge dropoff. Bitcoin = failcurrency.
People have to accept Bitcoin before you can buy things in Bitcoin. With enough of a network effect, those who were converting $$$ to BTC will start holding BTC back to pay their suppliers. People getting on board is long-term bullish even if they are starting out with immediate conversion.
And importantly, practically every customer who opens a Bitcoin wallet will buy more Bitcoin than they spend. You don't make a habit of carrying your wallet around empty wherever you go do you (if you can help it!)? People will keep some Bitcoin in their wallet. So more merchant adoption = more Bitcoin will be bought than spent in this context for the foreseeable future.
No, bitcoin has been proven to be a failcurrency already. Just see all the simple facts. For one thing, it's already like 5 years old and it doesn't even have 1 billion users yet. Also, just look at the price. It isn't even making new ATHs anymore, which demonstrates in a confirmed way that it has failed.
Edit:
I forgot to add another devastating fact from confirmed sources. When companies like Overstock implement bitcoin we see it gets used "a lot" for the first few days and then usage drops off after a while. The fact that Overstock's entire customer base isn't using bitcoin yet demonstrates in yet another conclusive and verifiable way that the whole system is a failure. This is all proven. You can check it with a simple google search.
115.
Post 4692511 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
I added this to my above post, but I want to make sure people see it as it is helpful confirmed bad news to show why SHOTRING bitcoin on maximum leverage is a winning strategy. Here, I'll quote a verified source:
I forgot to add another devastating fact from confirmed sources. When companies like Overstock implement bitcoin we see it gets used "a lot" for the first few days and then usage drops off after a while. The fact that Overstock's entire customer base isn't using bitcoin yet demonstrates in yet another conclusive and verifiable way that the whole system is a failure. This is all proven. You can check it with a simple google search.
116.
Post 4693435 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
Yuck, this sort of FUD makes me sick. Absolutely sick. This is clearly just an attempt to scare people out of really good SHOTR positions based on good fundamentals against bitcoin.
117.
Post 4696956 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
How is low volume bullish? I'll admit ignorance here if someone can explain.
Everything is bullish. That's how.
[...]
I agree
again. What happened here?
Self-performed lobotomy.
Low volume is a confirmed strong bullish SHOTR signal. Maximize the leverage on any current SHOTRS due to this confirmed signal.
118.
Post 4697077 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
How is low volume bullish? I'll admit ignorance here if someone can explain.
Everything is bullish. That's how.
[...]
I agree
again. What happened here?
Self-performed lobotomy.
Low volume is a confirmed strong bullish SHOTR signal. Maximize the leverage on any current SHOTRS due to this confirmed signal.
May be you should try self-performed lobotomy. It seems to work, and it is not against the principles of natural law.
I'd need some confirmed Chinese or Russian sources on this before proceeding.
119.
Post 4697446 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
Huoboi dropping fast. Don't know why.
They're probably just now getting to the confirmed bad news thread. Looks like it's beginning.
120.
Post 4711246 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
Just beautiful.
Wow! This wonderful confirmed source demonstrates exactly what I've been saying for the last few days. Notice no new all time highs, which proves that the market is going to collapse soon, as sources have confirmed.
121.
Post 4711515 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
Just beautiful.
Wow! This wonderful confirmed source demonstrates exactly what I've been saying for the last few days. Notice no new all time highs, which proves that the market is going to collapse soon, as sources have confirmed.
I can confirm that no new all time high has been achieved, I can also confirm that this will lead to a full blow market collapse!
mark this as confirmed bad news
I've manually confirmed this in the newschain.
122.
Post 4711563 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
It's coming...
that is insane
Notice the crash to zero.
123.
Post 4716411 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
Crash and burn, papa need some cheap coins!
You had 5 years to buy cheap coins. It's extremely arrogant and really just ridiculous to want a huge economy to crash and burn so that you can buy a few coins 100 bucks cheaper.
Not all of us have been around bitcoin for 5 years. Some of us are less than a year old.
Tough shit. I started buying in at $6/BTC when it was only pennies a few weeks earlier. You don't need other people to lose for you to win. Those people who bought in before me deserved it. Those of us who bought in before you deserved it. You think I resent Goat because he's two orders of magnitude ahead of me? Absolutely not. I'll get my turn and you'll get yours if you're humble enough to take it. You want cheap coins? THESE ARE THE CHEAP COINS. Down and up doesn't make you any richer than up and up. The fact that you want the market to crash just makes you an asshole and a fool. A $200 crash will not hasten a new ATH. It will prolong it.
Good. I want it to take a longer time to reach an ATH. Because I am jobless with almost nothing. So, I can't drop a few thousand and pick up 10 or 100 coins. At these prices I can buy like 2 BTC - at lower prices I can triple that. Its a huge difference for me.
You're a dipshit. let's say you're right and it crashes and you get three coins for the rice of one now. it takes three months to recover and you've trippled up. Or you could just buy one now and the price doubles two months in a row (because nodody got spooked by the crash that didn't happen) and you've got FOUR times your buy-in. I'm not too surprised you're unemployed with little money when you display an attitude like that. And you'll never be richer than me. If it crashes, I'll just be right there buying with you. asshole.
So we obviously are entering the fear/frustration stage now. How are people going to behave if it drops 100$ or more in a day? I hope it´s no longer possible to delegate hitman with BTC. I´m about to stop my bearish comments out of fear
Clearly all the confirmed bad news is sinking into the market participants. As verified by confirmed TA, we should expect to see bullish behavior for fundamental SHOTR positions on all time frames, therefore, as confirmed, we can expect the bitcoin price to collapse further shortly over the next 24 hours into the $600-700 zone as the market approaches total collapse through 2014. This has been confirmed by true sources.
124.
Post 4717470 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.58h):
Thank you, ChartBuddy, for you work posting this confirmed bad news. An analysis of your analysis demonstrates that it is proven that bitcoin will crash based on the green and the red. Can you confirm?
125.
Post 4733683 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
The upward trending channel continues from yesterday, now almost 24 hours old.
This is certainly bearish news as it means that people haven't realized that bitcoin is going to go down, so they're mistakenly buying, which means they will run out of money and won't be able to buy anymore, and that means that it will go down soon as a result. I've checked a re-checked my analysis and waves and have confirmed that up means down.
126.
Post 4734497 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
The upward trending channel continues from yesterday, now almost 24 hours old.
This is certainly bearish news as it means that people haven't realized that bitcoin is going to go down, so they're mistakenly buying, which means they will run out of money and won't be able to buy anymore, and that means that it will go down soon as a result. I've checked a re-checked my analysis and waves and have confirmed that up means down.
Confirm with source, or GTFO.
Confirmed
here.
127.
Post 4736075 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
The upward trending channel continues from yesterday, now almost 24 hours old.
This is certainly bearish news as it means that people haven't realized that bitcoin is going to go down, so they're mistakenly buying, which means they will run out of money and won't be able to buy anymore, and that means that it will go down soon as a result. I've checked a re-checked my analysis and waves and have confirmed that up means down.
Confirm with source, or GTFO.
Confirmed
here.
what has that to do with Bitcoin, and yes I do read Arabic
Well, then you should have clearly seen the confirmed Arabic news that demonstrates why if the bitcoin price goes up, then it will crash, and if the bitcoin price doesn't go up, then it will also crash. This shows, via my source, that the only direction is down. This has also been confirmed by my custom regression analysis using 4th echelon wave theory backtested to 2003.
128.
Post 4736475 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
The upward trending channel continues from yesterday, now almost 24 hours old.
This is certainly bearish news as it means that people haven't realized that bitcoin is going to go down, so they're mistakenly buying, which means they will run out of money and won't be able to buy anymore, and that means that it will go down soon as a result. I've checked a re-checked my analysis and waves and have confirmed that up means down.
Confirm with source, or GTFO.
Confirmed
here.
what has that to do with Bitcoin, and yes I do read Arabic
Well, then you should have clearly seen the confirmed Arabic news that demonstrates why if the bitcoin price goes up, then it will crash, and if the bitcoin price doesn't go up, then it will also crash. This shows, via my source, that the only direction is down. This has also been confirmed by my custom regression analysis using 4th echelon wave theory backtested to 2003.
There were some good times when you said you'll quit posting ultrabearcrap here....
Well, that was before I started reading all the confirmed news in languages I can't read.
129.
Post 4752338 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Another chance for newcomers to enter into winning maxleverage SHOTR positions.
130.
Post 4752434 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Can anyone explain the $200 difference with Gox?
Market analysis based on Elliot Wave Particle Duality Theory suggests that deltas over 10% typically are indicative of coming market failures. I'm running calculations now in my Google spreadsheet to confirm.
131.
Post 4752907 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Looks like the crash is starting.
132.
Post 4756685 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Notice that the price is crashing, based on this analysis, which lines up nicely with other confirmed bad news. To summarize, all the data is pointing to a continuation of the downtrend, and a strong bullish case is forming for continuing with the maxleverage martingale SHOTR strategy. Thank you for your help and confirmation, ChartBuddy. You truly are a buddy.
133.
Post 4758658 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Just as expected, the market is crashing just as we get
more confirmed bad news out of China.
134.
Post 4761497 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
what is this about drug dealers and money laundering? is this all hearsay or what? links please.
If you think you can handle it,
here you go.
135.
Post 4761651 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
bears being so bearish all the time lately, but meanwhile they missed the push from 4500 to 5100, too bad for them.
We didn't miss it. It was an opportunity to increase our maxleveraged SHOTR positions so that as bitcoin collapses we will be gloriously rich. This has already been confirmed.
136.
Post 4761700 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
what is this about drug dealers and money laundering? is this all hearsay or what? links please.
If you think you can handle it,
here you go.lol. not exactly the link i think he was asking for
Well, it's like I've always said, when life hands you lemons, SHOTR BITCOIN NOW!
137.
Post 4761744 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Thanks, ChartBuddy. Hopefully one day we can meet at one of the fiatcoin conferences or something, after bitcoin is dead. Call me later.
138.
Post 4761949 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Welp. Nice CCMF for the last 20hrs. Price remains where I want it to have a nice night's sleep.
PS:
Don't forget to HODL!!!1
HODL YOUR SHOTRS.
139.
Post 4783326 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Bitcoin Foundation should do some damage control. While their at it, kick out Karpeles' fat ass.
They should probably disband as the confirmation of bitcoin's failure has been confirmed so strongly, especially in Russian and Chinese.
140.
Post 4784002 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Anyone with knowledge of candlesticks?
I've been confirmed an expert on candlesticks, without going into too much detail, my backtracked TA based on 3 and 5 SMAC values, confirms this is very bad.
141.
Post 4784235 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Anyone with knowledge of candlesticks?
I've been confirmed an expert on candlesticks, without going into too much detail, my backtracked TA based on 3 and 5 SMAC values, confirms this is very bad.
by bad... do you mean good? I guess it all depends on your outlook.
I can confirm that by bad he means it's good that it's not bad, if you know what I mean.
No, I confirm it means it's bad, as in it clearly demonstrates bitcoin is crashing, and will probably only begin to stabilize around $100 in the short term. It's good for SHOTRS, though.
142.
Post 4784314 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
Anyone with knowledge of candlesticks?
I've been confirmed an expert on candlesticks, without going into too much detail, my backtracked TA based on 3 and 5 SMAC values, confirms this is very bad.
by bad... do you mean good? I guess it all depends on your outlook.
I can confirm that by bad he means it's good that it's not bad, if you know what I mean.
words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words words
This is bad.
Confirmed.
143.
Post 4786970 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_11.59h):
is this the end of bitcoin??
Yes
I can confirm this. This is in fact the end.
144.
Post 4803572 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
Wow! I can confirm that the price has not reached new ATHs still, and therefore, the crash continues. This is confirmed.
145.
Post 4803777 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
Wow! I can confirm that the price has not reached new ATHs still, and therefore, the crash continues. This is confirmed.
Proudhon, you should start a new coin that confirms bad news. Definitely a market for this. I bet you surpass Dogecoin in less than a month.
I will. I have no programming experience, but I won't let that stop me from providing newses to the market.
146.
Post 4806131 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
This is the way I see it. Support for hodl policy.
Except there's a clear downward trend since the ATH and no new ATHs have come in. This has corresponded to an increase in bad newses, which don't appear to be slowing. As it is confirmed that there really cannot be any more good newses from this point on, it's safe to conclude this downward trend will continue, as I have confirmed.
147.
Post 4806506 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
This is the way I see it. Support for hodl policy.
Except there's a clear downward trend since the ATH and no new ATHs have come in. This has corresponded to an increase in bad newses, which don't appear to be slowing. As it is confirmed that there really cannot be any more good newses from this point on, it's safe to conclude this downward trend will continue, as I have confirmed.
Except all the increase in good news which doesn't appear to be slowing and the "bad news" was clearly pointed out as mere tools to get clicks and ad sales for news companies.
Oh and this:
http://en.wikipedia.org/wiki/List_of_fallaciesConfirmation in your own head that there cannot be any more good news ≠ confirmation.
You need to troll harder.
I cannot confirm what you just said.
148.
Post 4806600 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
This is the way I see it. Support for hodl policy.
Except there's a clear downward trend since the ATH and no new ATHs have come in. This has corresponded to an increase in bad newses, which don't appear to be slowing. As it is confirmed that there really cannot be any more good newses from this point on, it's safe to conclude this downward trend will continue, as I have confirmed.
Except all the increase in good news which doesn't appear to be slowing and the "bad news" was clearly pointed out as mere tools to get clicks and ad sales for news companies.
Oh and this:
http://en.wikipedia.org/wiki/List_of_fallaciesConfirmation in your own head that there cannot be any more good news ≠ confirmation.
You need to troll harder.
I cannot confirm what you just said.
I do not see anyone asking or needing confirmation from you. In fact, nothing you say can be confirmed. Nor is there agreement on what you consider "confirmed" and the empirical definition, hence the list of fallacies. If you can't agree that your argument is invalid because it's a fallacy then you are in quite the pickle my friend.
I can confirm I am not in a pickle.
149.
Post 4806723 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
You need to troll harder.
Not so much. He's quite good. I mean, even people who are deeply averse to trolling begin to appreciate his work after a while. I always feel a little better after a proudhon troll. He's making the world a better place, and I wouldn't want him to overwork himself to exhaustion!
A glorious confirm to you, sir. Here, have 4000 newses. I confirm.
150.
Post 4808929 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
Bulls made a valiant effort today with that freakish low-volume spike to $810 but could not prevent the confirmed downtrend.
This was already confirmed, no surprise. The crash continues as confirmed.
151.
Post 4821187 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
Uh oh, a bunch more merchants "of similar statute" (as Overstock) about to sign up with Coinbase.
This is not confirmed, but even if it is, it's bad news as these merchants will cash out all their bitcoin and will further crash the market. I have confirmed the last part where I just wrote "even if it is, it's bad news as these merchants will cash out all their bitcoin and will further crash the market".
152.
Post 4821294 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
...it's bad news...
You're not very smart, are you?
I don't know if this is a confirmation of what you've said, but I have been called the Forest Gump of bitcoin.
153.
Post 4821632 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
Don't worry proudhon, some people will just never accept the fact that bitcoin is crashing you're a troll and not really a bear.
ftfy
Not confirmed.
154.
Post 4821825 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.00h):
proudhon is Maxed leveraged short
i saw we squeeze his position!
BUY BUY BUY
I'm not concerned as I'm using the martingale maxleverage SHOTR strategy. Also, as I have confirmed, when the price moves up, that is confirmation of a crash, and when the price doesn't move up, that is confirmation of a crash. Therefore, SHOTRING is the most reasonable strategy, given the confirmed facts I have confirmed and the recent bad newses trend.
155.
Post 4848502 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.01h):
Time to fondly remember the greatest proudhon moment. It occurred at the April 2013 peak, when he finally turned from bear to bull...
Well, if we made it to $266 then maybe I was wrong and the market is growing enough to sustain the growth.
Followed by a mass sell off by all.
Yes, as I foresaw, and had confirmed via good bad sources, the market has crashed and continues to fail to make new ATHs.
156.
Post 5127756 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.08h):
Again, I'm optimistic long term, but, and this comes from my experience through the 2011 long slow slide, during a downtrend when people start depending/hoping on bid "walls" on depth charts, things are probably not going well.
157.
Post 5178714 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.11h):
I'm not sure what to make of all the reports of MtGox accounts being hacked, but it's possible MtGox could be experiencing something like the June 2011 HackCrash. The major difference this time is that there's a much broader deeper market outside of MtGox, and MtGox appears to be almost completely decoupled from the broader market. Very strange and interesting to watch.
158.
Post 5271874 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.14h):
I'm going to post this again.
I got it! I got it!..
159.
Post 5272326 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.14h):
2014 - the new 2011.
160.
Post 5354058 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.19h):
I hope people are under no illusion that other exchanges are any more safe.
If you aren't the sole controller of your private keys, you don't have any bitcoins.
A shitload of people just learned that.
161.
Post 5370708 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.20h):
Holy shit, guys! I know a lot of you are hurting, and I'm sorry. 150+ of my bitcoins are going down with the gox ship, but I can't quite express just how excited I am for the future of bitcoin without MtGox. It's finally happening. Good riddance, and fuck you, Gox!
162.
Post 5371049 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.20h):
150+ of my bitcoins are going down with the gox ship
I am disappoint.
It was from the bitcoinica thing, but gox never cooperated and just kept everyone's coins. That was 2012 and after that I got the fuck out of gox.
163.
Post 5375310 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.20h):
I've got a feeling the market behavior to the MtGox failure will be like the reaction to the Silk Road closure.
164.
Post 5411716 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.21h):
Great time to be lending BTC on bitfinex - it is sitting at an incredible 0.35% daily right now! That is around 127% APR - compounded daily which would make it an effective annual rate of over 255%!! Why are more people not lending BTC over there??
The same reason we didn't store bitcoins at Gox.
No kidding. Jesus fucking christ people! For fucks sake. I just don't even...
165.
Post 5416600 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.21h):
<RogerVer> On Tuesday Mark told me via text message: Currently filing for bankruptcy and will update based on that
does anyone knows what happens next?
are we going to get back any fiat or btc?
If the bitcoinica case is any indication, then pretty much nothing. Some official or some such will ask for everyone's information on how much they're owed by Gox and so on and so forth, and then nothing will happen after that and nobody will get anything back.
166.
Post 5427249 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.22h):
Fuck it, I'm buying.
167.
Post 5428052 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.22h):
FUD everywhere.
Let's get your coins out of cold storage and SELL.
Mmmmmm, too much effort, will buy instead.
168.
Post 5534104 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.24h):
169.
Post 5570901 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.25h):
Guys, we need to leave Dorian alone so he can get back to CCing his MFing trains.
170.
Post 5805142 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.28h):
Another chance to sell peoples
There's so much good news. Sell!
171.
Post 6096384 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.33h):
Realistically if the price started plummeting towards 400, the wall would drastically shrink.
To all the fudders, just watch this and get out of my life and shut up and watch this again
https://www.youtube.com/watch?v=bTPQKyAq-DM Sure, if the price
began moving toward $400, the larger order could and would likely get pulled. Nevertheless, a large market order for more USD than the cumulative bid sum of the wall and above would wipe it out before its owner had a chance to remove it.
172.
Post 6158833 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.35h):
Alright, old guard, we've done this all before. Who's getting ready to increase their wealth again?
173.
Post 6158898 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.35h):
Alright, old guard, we've done this all before. Who's getting ready to increase their wealth again?
Honestly, that's sort of what's it's been like over the past 3 years. "Thank you, I'll take that. Okay, I'll take yours too. Yes, thank you." Ok, good I've quadrupled my bitcoin holdings...<waits a few months>...aaaaaand I'm rich.
174.
Post 6158914 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.35h):
uggg. i've been through this all before a few times, but this price decline still makes my butthole pucker.
Exactly! Don't ignore the pucker.
175.
Post 6159345 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.35h):
the retard who dumped to 380 now will lose in any way. all know btc will go higher in future and even will reach a new ATH 100%.
he still can take that reward if he buys below 380. Yet to see if he will.
As uncomfortable as it is to feel the psychological pressure to join the panic, it's just as exciting to think that this could be the last good opportunity to jump in before all the institutional infrastructure is in place.
176.
Post 6159713 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_12.35h):
This is not a chart reversal pattern, not yet anyway. The way $400 fell so easily makes me think that there is more blood to come. Why head fake @ $380 when you can do it at $350? or $250? 15 minute chart looks like a mini version of the $710 whale. $382 will be retested. It looks like a false bottom so far. The enemy of the manipulator is time.
I agree we should see some more dumping, to the mid 300's. Its very rare for a massive support to fail and not overshoot a good deal.. $383 is nothing.
This
177.
Post 8416077 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_13.06h):
My guess is that this is mostly from big boys creating entrance points prior to ETFs.
178.
Post 8437347 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_13.07h):
My guess is that this is mostly from big boys creating entrance points prior to ETFs.
Hey proudhon, are you currently a bear a bull or a proudhon?
It seems like the previous bubbles have desensitized traders and hodlers so much that the btc price has to smack us really long and hard in order for capitulation to occur. Such bad sentiment. wow.
Long term I'm bullish. Short term, I haven't a clue what the coming weeks will look like.
179.
Post 15503229 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_14.55h):
Good morning Bitcoinland.
I see we had a little dip last night, all the way down to where we were last week.
Still not what I'd consider a buyable dip but low enough to replace what I spent on the weekend to buy $150 worth of CAD at a vending machine for beer money for the ballpark. Not worth making a separate trip though. I'll just stop in on my way to the SkyDome tonight. Hopefully the price won't rise too sharply before then.
Definitely an indicator of where we're heading and what direction. Not good for those still believing in bitcoin. It has clearly collapsed and will continue to do so based on these confirmed datas.
180.
Post 15503406 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_14.55h):
Not good for those still believing in bitcoin. It has clearly collapsed and will continue to do so based on these confirmed datas.
LOL Look who's back, a voice from the past.
Speaking as one with the wisdom of the ages, I assure you.
181.
Post 17271895 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.00h):
Ok, fine. I'm here. Now what?
182.
Post 18038914 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.04h):
900 -meh
700 -sad
500-600 -dejected
I think it would 500s for me. I'm far from convinced we've said goodbye to sub 1000 forever yet. It really hasn't been that long since it was surpassed for the first time in a long time. Time will tell.
I don't think there's any question we'll see 500s again. Just look at the charts, you can see it right in the data analysis. This uptick is just an errant burp, that'll be corrected for in the obviously long term downtrend bitcoin hs been in.
183.
Post 19515652 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.12h):
O RLY !!!!!
The price is $2770 on Stamp, I'd barely even call that a dump.
It was fully and completely a dump. Would you prefer sell-off? From $3000 to $2600 in an hour is exactly a dump.
From $3000 to $2600 still is little more than 1%
Can we can variations of less than 2% dumps or just noise?
Maybe a retracement because the bull ride above $3000 failed
wat?
184.
Post 19576932 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.12h):
Once bitcoin drops below $2,000 again, it probably won't ever get back up above it ever again.
185.
Post 25407381 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
This is exactly what I was expecting to happen right before the whole thing unwinds and crashes to zero. The signals are all there. Get out while you still can.
186.
Post 25407560 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
This is exactly what I was expecting to happen right before the whole thing unwinds and crashes to zero. The signals are all there. Get out while you still can.
Bollocks! This will not stop until at least 100k USD, we can reach that point in
8 months!
The data is clear. Just look at the TA and read the reliable sources. Bitcoin has failed. It takes a while for that information to propagate through the marketplace, but it will slowly make it's way through and there will be a race to get out. There's really no question about this.
187.
Post 25407900 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
"I am pretty confident we are the new wealthy elite, gentlemen."
heh fun thread, that.
wonder what folks will think of this thread if btc hits 50, 100 grand.. hey maybe this thread will still be going then
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
188.
Post 25452992 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
189.
Post 25453051 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
Quoted
Noted
190.
Post 25453191 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
You're too late for the bitcoin that nobody will ever see. It's not going to happen. I've been studying bitcoin for a long time. I know this market, and I have confirmed sources that it's done for.
191.
Post 25454259 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
good news guys!
I have confirmed sources that we are going back up stronger than ever
Mmmmm, no. I have confirmed that your sources are not confirmed sources.
192.
Post 25455550 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.29h):
Another ATH in 6 hours?
Only if your sources are confirmed....
An ATH ever again, let alone in 6 hours is definitely not confirmed. In fact, it's confirmed it won't happen according to excellent sources from the professional trading world of markets and TA.
193.
Post 25586420 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
This is just market noise as we continue the definitive move down that began in this most recent crash. If you're excited by the price now, then you just don't appreciate the confirmed facts of the bitcoin failure.
194.
Post 25664725 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
Quoted
Noted
As stated, I made a special paper wallet for this
1EM8JhDPsvX8maD552WCRvefyyChDcHeE2
Be interested to see if the "confirmed sources" dude follows thru with offer...
A deals a deal, though I'm certain to be right about bitcoin's demise. This is just an aftershock is all.
195.
Post 25664790 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
Thanks proudhon - you can send the btc to the address in my sig.
You weren't the first person to quote me, please review the thread. It goes to erre.
196.
Post 25668672 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
Quoted
Noted
As stated, I made a special paper wallet for this
1EM8JhDPsvX8maD552WCRvefyyChDcHeE2
Here is the "special one"
Now ... get the fuck on the ball Proudhound, and pay your drama queen bills.
Paid my bills
I urge erre to sell what I sent, of course, as bitcoin is clearly in the final gyrations of total failure.
197.
Post 25679256 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
well folks. this is it. bitcoin will sooner or later go beyond $100k. bit coiners will become indeed the new wealthy elite. we might as well start to divide this planet amongst us. since I was first to speak it out, I have the right of choosing the first slice.
i want the caribbean. at least one island.
Sick Crysis mod, dude.
198.
Post 25680142 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
Quoted
Noted
As stated, I made a special paper wallet for this
1EM8JhDPsvX8maD552WCRvefyyChDcHeE2
Here is the "special one"
Now ... get the fuck on the ball Proudhound, and pay your drama queen bills.
Paid my bills
I urge erre to sell what I sent, of course, as bitcoin is clearly in the final gyrations of total failure.
Thank you proudhon, you honoured your word.
I will value this even more than it face value because it's your last 1/10 of btc, this will be the last btc wallet I will ever sell (if ever).
Anyway, I see you have at least another 0.011 btc left, is suppose you could just repeat this with 0.01 the next year when btc reach 100k, and the year later with a mbtc for the 1m usd parity...Oh wow. What a wonderful laugh, erre (no offense). Bitcoin will absolutely, certainly, and in the most confirmed way never, ever reach $100k, or even $50k or $25k (we are at its top more or less), and, I can't believe I even have to type these words, certainly not in "the next year". Not in the next year. Not in the next 2, 5, 10, 50, or 100 years. Not ever. You don't have to trust me on this, just read the best confirmed sources and look at the charts. It's very obvious, I'm sorry to say.
I will absolutely offer 0.01 BTC to whomever first quotes this message (erre excluded). If bitcoin touches
$100k USD $25k on any major exchange (GDAX, stamp, finex, kraken) at anytime within the next 365 days, and not through some silly glitch, then the first person to quote this will receive 0.01 BTC.
My last offer did carry some risk that I was aware of, of course, since it's always possible for silly and irrelevant gyrations (which the current prices are). I obviously got burned by these irrelevant aftershocks. This offer is confirmed to be on my side (and that's not putting it nearly strong enough).
199.
Post 25680159 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
Sick Crysis mod, dude.
jeez, just a joke, mr proudhon.
200.
Post 25680373 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.30h):
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.
What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.
Quoted
Noted
As stated, I made a special paper wallet for this
1EM8JhDPsvX8maD552WCRvefyyChDcHeE2
Here is the "special one"
Now ... get the fuck on the ball Proudhound, and pay your drama queen bills.
Paid my bills
I urge erre to sell what I sent, of course, as bitcoin is clearly in the final gyrations of total failure.
Thank you proudhon, you honoured your word.
I will value this even more than it face value because it's your last 1/10 of btc, this will be the last btc wallet I will ever sell (if ever).
Anyway, I see you have at least another 0.011 btc left, is suppose you could just repeat this with 0.01 the next year when btc reach 100k, and the year later with a mbtc for the 1m usd parity...Oh wow. What a wonderful laugh, erre (no offense). Bitcoin will absolutely, certainly, and in the most confirmed way never, ever reach $100k, or even $50k or $25k (we are at its top more or less), and, I can't believe I even have to type these words, certainly not in "the next year". Not in the next year. Not in the next 2, 5, 10, 50, or 100 years. Not ever. You don't have to trust me on this, just read the best confirmed sources and look at the charts. It's very obvious, I'm sorry to say.
I will absolutely offer 0.01 BTC to whomever first quotes this message (erre excluded). If bitcoin touches
$100k USD $25k on any major exchange (GDAX, stamp, finex, kraken) at anytime within the next 365 days, and not through some silly glitch, then the first person to quote this will receive 0.01 BTC.
My last offer did carry some risk that I was aware of, of course, since it's always possible for silly and irrelevant gyrations (which the current prices are). I obviously got burned by these irrelevant aftershocks. This offer is confirmed to be on my side (and that's not putting it nearly strong enough).
Easy money
Nah
201.
Post 26345181 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.32h):
The person with the wall on GDAX really should just execute a market sell order. There's no way that's gonna get bought. We're literally at the top of the precipice and on the verge of the most epic crash in modern market history as bitcoin's failure is completely priced in. 2018 will be the year bitcoin finally dies.
202.
Post 26518146 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.33h):
Well, it's finally here. This is is truly the beginning of the end. And I'm serious. Wall street will put this thing out of its misery once and for all. We'll see 10k before the end of the year for sure. 2018 will be a horror show back below 1k. 2019 will be the year the world tries to figure out just what the hell happened. 2020 the world moves on and bitcoin becomes a memory.
203.
Post 26790302 (copy this link) (by proudhon) (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.
204.
Post 26790439 (copy this link) (by proudhon) (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?
The technical failure of bitcoin (and all cryptos really), fractured crypto communities, wall street shorting, government crack downs...that sort of stuff. It's over, folks. Take your profits or minimize your losses, and go home.
205.
Post 26790727 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.34h):
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。
I can confirm, that's all true.
206.
Post 26790796 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_15.34h):
proudhon: yeah, thats some point, but do we really need new all time highs every month for cryptos to work as decentralised payment system?
We actually dont.
Cryptos can't work as a decentralized payment system whether the price is high or low, or bouncing all around. Cryptos just don't work and the market is taking its time to learn that, but we're now in the final long term down trend because enough people have realized it.
207.
Post 48516917 (copy this link) (by proudhon) (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.
208.
Post 48517086 (copy this link) (by proudhon) (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.
209.
Post 48520374 (copy this link) (by proudhon) (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.
Yeah, but this is just you musing... what do your 1 or 2 sources say?
No need for sources. Just look at the market. It's obvious.
210.
Post 51609531 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
211.
Post 51609615 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
Should not you avoid posting during the bull runs?
No. That's when people need a solid dose of good advice.
212.
Post 51609773 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
Should not you avoid posting during the bull runs?
No. That's when people need a solid dose of good advice.
The shit must be really really bad, for the Central Banks to resurrect your sorry arse?
I only get paid by 2 or 3 banks, and they do it because they want me to spread an important message to protect people from financial ruin. Bitcoin is dangerous and has failed. Just look at the clear data. Bitcoin is going to trend to zero. Sure, there will be ups as it moves down, but bitcoin will ruin more people financially than it will help, so be careful. The data is clear, bitcoin is an unsafe investment and current prices are just crazy death rattles.
213.
Post 51609829 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
wb proudhon :>
Thank you. Just doing my part.
214.
Post 51610585 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
Yay! Proudhon is back!
Tell us all your stories!
There's so much to tell. Spent some time in China and Russia confirming data and facts about how bitcoin is going to fail. With all the confirmed and trustworthy sources there, it's pretty clear. I was able to confirm about 99% of everything.
215.
Post 51611653 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
parabolic blow off to new ATH confirmed for this year!!
My confirmed sources prove that this will not happen.
216.
Post 51611775 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
parabolic blow off to new ATH confirmed for this year!!
My confirmed sources prove that this will not happen.
Can you confirm said sources are trustworthy?
Absolutely. I've confirmed it.
217.
Post 51611975 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
My confirmed sources prove that this will not happen.
but are those confirmed sources verified?
I can confirm that I verify all of my confirmed sources.
218.
Post 51612294 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
I refreshed coinmarketcap and see Bitcoin way above $13k....what the heck!!!!!
Seems cool, but it will be below $10k again, and eventually below $1k again. We probably won't ever see the price above $15k, and almost certainly it will never create new ATHs. There are too many confirmed problems with bitcoin as I have verified over the years. China, Russia, and now Facebook, make it a near certainty. Shorting is wise, but not with too much leverage because bitcoin is unstable enough that random and irrational movements can wipe you out, but the downtrend to zero is definitely still on track if you just look at the data.
219.
Post 51615404 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
If you study the charts and the confirmed data you can clearly see that this marks the end of the short-term, irrational up-trend. We've resumed bitcoin's downtrend. Like I said earlier, $15k is likely unobtainable (on any time-scale). Bitcoin will never set ATHs again. Soon it'll be clear enough to everyone in the market. 2017 was bitcoin's last big move. The downtrend will hold. By 2020 $10k bitcoins will be a dream. 2021, $1k. By the end of that decade bitcoin will be a hilarious memory.
220.
Post 51628407 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
What'd I tell you guys. These next few days will be the last time anyone will ever sell bitcoin above $10,000.
Edit: Confirmed
221.
Post 51628463 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
You won't enjoy it
222.
Post 51629061 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
You won't enjoy it
Can I ask you a personal question?
Sure, go for it.
223.
Post 51629418 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
Sure, go for it.
How do you shave your llama sack?
Carefully and using a procedure I learnt from confirmed sources.
224.
Post 51634897 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.53h):
You won't enjoy it
Can I ask you a personal question?
Sure, go for it.
Have you ever had sex with an ewe?
I have not.
225.
Post 51671708 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.54h):
In a short term vision, the main question is :
10K$ will hold with a double bottom or back to 9K$ ?
$10k will not hold.
226.
Post 51671785 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.54h):
In a short term vision, the main question is :
10K$ will hold with a double bottom or back to 9K$ ?
$10k will not hold.
Easy to say at 10,250..... then again 10 will be broken again
Sure, but the bigger picture is that bitcoin simply cannot sustain prices over $10k (it's totally absurd). What I mean is, all this above $10k business is just noise. 2 years from now it'll be laughable to imagine bitcoin ever being worth over $10k.
227.
Post 51681219 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.54h):
I'd be lying if I said it wasn't entertaining witnessing the last days of 5-digit bitcoin prices.
228.
Post 51681294 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.54h):
Does it eat you up inside every day that you sold way, way too low?
No
You could be a multi millionaire living the dream but instead you’re trolling a forum & becoming more bitter & twisted by the day.
Oh well
229.
Post 51681401 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.54h):
Lots of better things to do with your time brother. You could even buy back in, maybe just a little. You know yourself that bitcoin isn’t going to zero. Buy a little, at least to minimise total personal devastation if we hit 6 figures & beyond in the future.
All the negativity isn’t good for your inner self mate.
Nah, 6 figures will never happen. And I don't feel negative. I feel great about getting the word out.
230.
Post 51686293 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.54h):
So I haven't traded in a very long time, but I can't resist shorting this. What's the best US platform to short bitcoin? With lots of leverage?
231.
Post 51686726 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.54h):
I’m not getting out of bed until it at least matches yesterday’s high around $11,230.
Narrator, year 2050: And some say, he remains in bed to this day.
232.
Post 51778796 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.55h):
Take it to the bank, ATHs are a thing of the past for bitcoin. The clear downtrend continues.
233.
Post 51847752 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_16.56h):
What'd I tell you guys
234.
Post 52498894 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_17.02h):
We will never go below $9000 ever again, ever. No golden retrace coming, when bitcoin did a golden retrace in past bull market, it didn't take 80+ days to do it, it happened with a week or so.
That is bold prediction since we are nto taht far away from it. I totaly agree with you that we cant go that much lower as we are now, but less then 10% drop is totally posible. There is maybe even more then 50% chance that it wil happen.
We will
definitely go below $9,000 again. And soon.
235.
Post 52548322 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_17.02h):
Mayer Multiple is 1.0, just like when it was at $5k last time.
Screaming: BUY TIME
Maybe if you're a careful day trader, but ultimately this thing is on its way to sub $1,000. Bitcoin simply cannot sustain anything more than that. It certainly will never be worth more than $10,000 again.
236.
Post 53152654 (copy this link) (by proudhon) (scraped on 2020-04-04_Sat_17.07h):
Told you guys were in the great long-term downtrend. There is no substantial up from here. Yeah, sure, it'll wobble around, but we are definitely witnessing the "slow" death of bitcoin. There is not going to be another all time high. No more sustained above $10k prices anymore. That's in the past. I know it sucks for a lot of you to hear this, but it's just done. Play the market if you want, play a long term low leverage short if you really want to make money, but bitcoin has run it's course. 2 years from now bitcoin will not be above $10k, that's guaranteed.
