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



1. Post 3574056 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.23h):

Quote from: humanitee on November 13, 2013, 10:13:18 PM
For people who only read this thread, this story has the potential to have long term consequences: http://www.reddit.com/r/Bitcoin/comments/1qk8yl/bitcoinism_is_it_time_to_boycott_all_us_bitcoin/

For fucks sake  Undecided
How in the world is this even remotely being considered? This is a terrible idea.

+1

see also http://www.reddit.com/r/Bitcoin/comments/1qj7sw/sanitizing_bitcoin_this_company_wants_to_track/



2. Post 3601033 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.23h):

Quote from: Voktar on November 16, 2013, 12:03:30 PM
There is too much risk associated in trading right now that Bitcoin price is so high, one bad trade and you can lost thousands of dollars, that hurts a lot.

This is not the same as when Bitcoin was worth 10 dollars, so people trend to trade less and less, at least common people.

I personally don't give a shit about volatility, dips or corrections, and unless the uptrend is clearly broken i will not sell one single satoshi.

I think most people feels the same.


Price is high? What do you say at 1,000? 10,000?

People always can buy 0.1 bitcoin. Price is still below $50.



3. Post 3643371 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.26h):

it gets serious

reserve currency.. bla.. huge implications....  Shocked

time bomb topic.....



4. Post 3643833 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.26h):

Quote from: Vycid on November 19, 2013, 09:35:10 PM
Nice comments from Hughes, neat that her dad was a cryptographer in WWII. She emphasized the importance of digital currencies as groundbreaking.

Yeah, she's old yet she seems to 'grok' Bitcoin. I'm hopeful for the future. People seem very open-minded.

+1

i'm very surprised... Shocked



5. Post 3644080 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.26h):

Quote from: freethink2013 on November 19, 2013, 09:52:25 PM
Boom America is not a leader!

bullseye! great shot!



6. Post 3644100 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.26h):

eerie silence on gox.... ultra low volume.



7. Post 3644160 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.26h):

Quote from: CryptStorm on November 19, 2013, 09:56:53 PM
eerie silence on gox.... ultra low volume.

Does this not tell us that WE are the exchanges.

yesterday was different.. ppl got burned... today no one touches buy or sell  Grin



8. Post 3668825 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.27h):

Quote from: humanitee on November 21, 2013, 11:08:25 PM
My view on the current market: https://www.youtube.com/watch?v=__VQX2Xn7tI

The Chinese are such insatiable beasts I LOVE THOSE GUYS!
They did $82e6 in a single day at the peak, now they are doing almost $52e6.


The chinese are scared shitless. they want more regulation:

http://news.xinhuanet.com/english/indepth/2013-11/22/c_125742990.htm



9. Post 3668991 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.27h):

Quote from: neutrinox on November 21, 2013, 11:24:10 PM
Well, the Subways news are HUGE! This is the BIGGEST fast food company in the world (based on the number of restaurants world wide)!

Baidu news was nothing compared to this!

What news?

Subway retweeted a news story that 1 store accepts bitcoin. Not all stores.

Still good progress and a catalyst for more stores.



10. Post 3675462 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.27h):

Quote from: Chalkbot on November 22, 2013, 03:18:35 PM
Still with 7 transactions per second being the hard cap limit, I will always have a big bear in me telling me this will never grow out to compete with credit card companies. And also this issue can't be fixed.

You're wrong on more than one point. But I understand you're probably just trying to talk the price down, so cheers!

This!

http://www.washingtonpost.com/blogs/the-switch/wp/2013/11/12/bitcoin-needs-to-scale-by-a-factor-of-1000-to-compete-with-visa-heres-how-to-do-it/


Boxman90, show some proof for your hard limit!  Kiss



11. Post 3720490 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.29h):

Quote from: MoreFun on November 26, 2013, 12:31:48 PM
That wall at stamp at $838 should remember what happened to the 3k $144 wall few months ago (it was there the whole night and price didn't even sliped for a bit).

The wall was just market sold - 1,5k down to $800.

worst mistake ever.

Remember: only sell btc if you

a) know for sure you can buy back lower
b) never buy btc again even if it is common form of payment in 20 years.



12. Post 3736789 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.29h):

Quote from: wachtwoord on November 27, 2013, 02:32:59 PM
So we suddenly all trust Gox again over Stamp?

its for the media. the media cares... once we hit 1k there hell will break loose all over the news and we hit 2K in no time.  Cheesy

I personally don't care about the Gox price... Just gox bux.



13. Post 3736859 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.29h):

Quote from: wachtwoord on November 27, 2013, 02:38:06 PM
So we suddenly all trust Gox again over Stamp?

its for the media. the media cares... once we hit 1k there hell will break loose all over the news and we hit 2K in no time.  Cheesy

I personally don't care about the Gox price... Just gox bux.

But China was above $1k already ...

cnbc quotes gox. not CNY converted to USD.



14. Post 3738540 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.29h):

Quote from: Painful Truth on November 27, 2013, 02:36:43 PM
So we suddenly all trust Gox again over Stamp?

its for the media. the media cares... once we hit 1k there hell will break loose all over the news and we hit 2K in no time.  Cheesy

I personally don't care about the Gox price... Just gox bux.

it has started like i said above:

http://www.marketwatch.com/story/bitcoin-hits-1000-on-trading-exchange-mt-gox-2013-11-27

and on cnn:

http://money.cnn.com/

and other sites....

Media only cares about gox  Roll Eyes



15. Post 3740134 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.29h):

Looks like someone is crashing out  Cool


How low will we go? Bitcoin 50% off for black friday?



16. Post 3750265 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.30h):

Quote from: fred1111 on November 28, 2013, 10:18:11 AM
The real madness will start once Bitstamp hits $1000. $1000 will seem cheap next week.

So who will be the last lucky ones to grab cheap coins below $1k on Bitstamp?

Heavy Thanksgiving sale going on right now.



17. Post 3754035 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.30h):

Quote from: Odrec on November 28, 2013, 04:21:03 PM
If bitcoin is a ponzi regular money is also a ponzi. Why can't people be honest with themselves??

because brainwashed by mainstream media propaganda. "fiat banking ftw. cannot afford to miss the kardashians tonite on tv xoxo  Kiss"



18. Post 3759479 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.30h):

Quote from: gnomesick on November 29, 2013, 12:07:36 AM
So... who's falling for that stupid game?

This really is stupid. We do not need games just now when there are no fees at gox.

The fact that there are no fees is precisely why games are being played.  Unless Gox is specifically trying to stress test their system upgrades, I can't imagine why they thought this would be a good idea.

You surprised? Just Gox Being Gox. This shit will continue until fees are back. Lips sealed



19. Post 3767887 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_11.30h):

Quote from: herzmeister on November 29, 2013, 12:56:30 PM
ok guys who of you produced this advertising pitch?

http://moneymorning.com/ext/bitcoin/videos/video-bitcoin.php

how come I've never stumbled upon this before?

wow.. is this satire?

seems like one.. as if the get-rich-quick community makes a bitcoin ad.  Cheesy Edison is Satoshi? wtf



20. Post 5054137 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.05h):

And again:

Blame it on Mt. Gox:

http://www.youtube.com/watch?v=K2ku1A5Ox8U

How many crashes have they caused again? How many more will follow?



21. Post 5931364 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.29h):

Quote from: FelixO on March 27, 2014, 01:42:09 PM
epic bull trap?

or epic bear trap  Grin



22. Post 5932061 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.29h):

Quote from: macsga on March 27, 2014, 02:30:56 PM
So, who didn't SODL yet?  Cool

why should i sodl below 1k? that chance is long gone...

but on the other hand.. fiat is ready for sub 500 coins  Grin

bring it!



23. Post 5932464 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.29h):

Quote from: gizmoh on March 27, 2014, 02:53:06 PM
Under 8 mil total bid sum on Stamp. LOL, this gonna get violent soon.  Cheesy Cheesy Cheesy

For every SODL, there is more dirty fiat hiding and waiting to buy back.

This!


Dont forget... it is a game of musical chairs.. mostly everyone who sodl will buy back.... at some point



24. Post 5933344 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.29h):

Quote from: Todorius on March 27, 2014, 03:30:50 PM
dont tell me we gona see a 2011 bear market

how would that even be possible with all the hype bitcoin has been getting and all VC's, wallstreet moving in etc.

i cant help but think we gonna see a violent upswing pretty soon

I totally agree!


I don't know if we go below $400 but when the real upswing comes it will be the most violent ever. Who wants to buy coins at +$1k prices when you can get them for half off now. It'll be a rush for the door.  Grin



25. Post 6037160 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.32h):

Quote from: adamstgBit on April 02, 2014, 05:03:31 PM
440 down

this is the end

 Cry

the beginning! cheap coinz!

Glad i pulled my bids at 450 when it started.

placing them lower  Grin



26. Post 6037528 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.32h):

New ATL on stamp.

ooch ooch MF'er..

shopping time  Grin



27. Post 6037663 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.32h):

Quote from: aminorex on April 02, 2014, 05:31:31 PM
New ATL on stamp.

ooch ooch MF'er..

shopping time  Grin
All time low? This time last year it was at $103 and the year before at $4.91

Each spike puts us in a new, higher-dimensional, configuration space, and time starts at zero.

exactly.. this guy knows what i mean... Grin

atl since ath  Shocked



28. Post 6038174 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.32h):

Quote from: jonoiv on April 02, 2014, 05:57:39 PM
I would decribe myself as bearish.

But I'm pretty sure we will have a bit of panic buying soon.   Roll Eyes

Of course.. fiat is infinite.. BTC is not...

once it is rising again(the real uptrend!) there will be a rush for the door.



29. Post 6038356 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.32h):

Quote from: stan.distortion on April 02, 2014, 06:07:47 PM
MPOE-PR said it will drop to sub 100 soon. Time to sell.
$100? We where promised $10 before the end of Spring. C'mon, moar dumpin!

needs more fud and drama first.

price already rising again.  Lips sealed



30. Post 6038420 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.32h):

Quote from: tarmi on April 02, 2014, 06:12:06 PM
I would decribe myself as bearish.

But I'm pretty sure we will have a bit of panic buying soon.   Roll Eyes

Of course.. fiat is infinite.. BTC is not...

once it is rising again(the real uptrend!) there will be a rush for the door.



if fiat is infinite, and I steal it from you, then I didnt steal anything.

because, you cant steal anything that is infinite.

right???


not infinite in this second.. but over time.

so if you steal my fiat, you steal my time. but given time fiat just re-grows.  Smiley

and central banks printing infinite amounts. not today, but over time.



31. Post 6294803 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.39h):

Quote from: BitAddict on April 19, 2014, 12:09:30 PM
I guess we rallied because of this news:

China's First ATM revealed in Shanghai by BTC China -- Website of China's Central Government
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http://www.gov.cn/xinwen/2014-04/16/content_2660150.htm

This news was launched 6 hours ago, exactly at the same time pump started.


But nothing new, just a summary of last week's news.

Nothing new? The chinese government reporting about bitcoin ATMs is the news itself.  Shocked



32. Post 6369454 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_12.40h):

Quote from: dreamspark on April 24, 2014, 09:58:20 AM
Yep and be prepared for at least some of those to hit the market. You cant seriously think that off exchange investors are all going to just hold the coins when they get sold below market rate.

Simple solution:

Sell above market rate. Like right now for $600.

So, then whats in it for the buyer? A killer deal! No slippage. Try buying 200k coins right now without going over $600 per coin. Impossible!




33. Post 8388078 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: adamstgBit on August 16, 2014, 09:54:10 PM
ya everyone that belives this is a dead cat bounce, better sell now.

The dumps have begun.



34. Post 8388157 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_13.05h):

Quote from: ErisDiscordia on August 16, 2014, 09:57:41 PM
ya everyone that belives this is a dead cat bounce, better sell now.

The dumps have begun.

Is your avatar from This video?

Looks similar  Smiley but no...



35. Post 8400612 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_13.06h):

Quote from: adamstgBit on August 17, 2014, 04:14:00 PM
last chance to buy below 500?

Thatīs the spirit!

It is still weekend though.



36. Post 8474595 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: thewayshegoes on August 21, 2014, 08:04:20 PM
Bit License comment period extended another 45 days. Anyone think this is having any real impact as far as holding the price back?

Yes.

Another 45 days. + 45 days of implementation.

So no ETF this year. Maybe sometime late winter the earliest.




37. Post 8474815 (copy this link) (by Painful Truth) (scraped on 2020-04-04_Sat_13.07h):

Quote from: medialab101 on August 21, 2014, 08:21:52 PM
What's all this dumping on stamps?!?

My wild guess: Bitlicense extension = no ETF this year.