All posts made by poncom in Bitcointalk's Wall Observer thread

wow 2 hrs without comment

what is going on?

silence before the storm (up or down Huh

)

Most possible ''meh'' sentiments due to low (to none) volatility. Bitcoiners are not used to it. Either despair or CCMF here. Cool

Nothing's happening on the bitcoin markets so there is nothing much to talk about. When bitcoin stops flatlining the thread will once again be buzzing.

Quote from: Elwar on June 17, 2015, 09:07:06 AM

I'm not a big fan of such a huge rally based on nothing.

While I believe the price should be closer to $400 I am skeptical of a 10+% rise out of nowhere.

If it is based on the Grexit thing (as Reuters claims) then that just leaves the price to go back down when they bail out Greece in the next week or so.

Regardless, I hope it stabilizes above $240 for a while putting a final nail in the bear market.

There have been at least two previous occasions when an unbreakable deadline loomed and it seemed like there was no way to avoid a Grexit. Each time the unbreakable deadline passed, miraculously got extended, and a seemingly impossible deal was done. A few weeks later the whole thing disappears from the news. They will probably do a last minute deal again this time.

After doing some research I found something that suggests the Greeks don't do exit polls so we will have to wait until tonight before we get an indication of who has won. Everything I read says the vote is too close to call. Has anyone found anything that gives us a hint of how the vote might go?

Quote from: koryu on October 28, 2015, 05:35:30 PM

lets wait for the fed decision and see if btc price is affected

They are leaving the rates unchanged as everyone expected, but they might review their decision in December. Will their decision really make any difference to Bitcoin's price? One analyst who often gets it wrong said it would go to $330 minutes before the Fed's decision, but surprise surprise, he got it wrong.

http://www.reuters.com/article/2015/10/28/us-usa-fed-idUSKCN0SM0BJ20151028

Quote

The U.S. Federal Reserve kept interest rates unchanged on Wednesday, but downplayed global economic headwinds and left the door open to tightening monetary policy at its next meeting in December.

Quote from: Fatman3001 on October 28, 2015, 10:57:47 PM

Quote from: Richy_T on October 28, 2015, 10:38:40 PM

Quote from: Fatman3001 on October 28, 2015, 09:08:41 PM

Most their funding is in Bitcoin. Bitcoin's up.

I think they sold a large chunk of it. I recall some kind of fuss at the time.

Yeah, you're right. They released their finances a month ago.

http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/

There's been some noise about Vitalik trying to find other funding solutions, but I don't know how far he's come.

I just hope they manage to release enough, with whatever funding they get hold of, to enable the community to take over the baton.

Ethereum isn't going replace Bitcoin. It's a platform for a new way of approaching the internet. It's the only alt project I see much point in.

They dumped all their Bitcoins and crashed the price, but they gave themselves a massive premine of Ethers to dump. Are they still holding their premine or have they dumped it yet? Ethereum's price crashed after the launch anyway, but I don't know if it was due to the IPO buyers dumping, or that in combination with the devs dumping.

Quote from: gentlemand on October 28, 2015, 11:12:36 PM

Quote from: poncom on October 28, 2015, 11:07:50 PM

They dumped all their Bitcoins and crashed the price, but they gave themselves a massive premine of Ethers to dump. Are they still holding their premine or have they dumped it yet? Ethereum's price crashed after the launch anyway, but I don't know if it was due to the IPO buyers dumping, or that in combination with the devs dumping.

They only gathered 30,000 coins or so. That's plenty but not enough to do any lasting damage to the price. Did they really do lightning dumps? Them of all people should be aware that giant market dumps don't do anyone any favours.

They chose to dump right after Bitstamp was hacked and everyone was panic dumping before the hacker had a chance to start dumping. There wasn't much buy support left and thousands of Ethereum IPO Bitcoins being dumped didn't help that support. The subsequent crash took us down to $150.

Quote from: spooderman on October 29, 2015, 01:03:00 AM

manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?

A reddit poster did some research that revealed a possible candidate for the bearwhale. The EU requires Bitstamp to give them a list of users that withdrew over €30k, and the EU makes that list public. The list only had one user that withdrew the amount of money the bearwhale made, so he's either that user, or never withdrew, or brought back in at lower prices and withdrew in Bitcoins.

The bearwhale is probably the VELIKA BRITANIJA BITCOIN SUB-FUND.

https://www.reddit.com/r/BitcoinMarkets/comments/2s1wd3/could_bearwhale_be_asic_miner/

Quote

The best candidate for who bearwhale is by looking at the financial list demanded by EU for any tx exceeding €30k in areas where there "is a greater probability of occurrence of money laundering or terrorist financing" (http://www.uppd.gov.si/si/delovna_podrocja/vsebinska_podrocja/objave_38_clen_zppdft/podatki_o_transakcijah_38_clen_zppdft/) (http://www.uppd.gov.si/fileadmin/uppd.gov.si/pageuploads/NAKAZILA/Arhiv/nakazila_06012014.xls - the most current list)

In it we find this:

5496 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840

5495 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840

5494 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840

5493 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840

5492 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND. BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840

5491 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840

5490 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 49 888 840

5489 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840

5449 04.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND EMERGING BERMUDA, HM DX HAMILTON, MALTA 999 099

5397 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099

5396 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099

5395 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 604 937

5394 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099

26.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099

25.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099

So only in december those guys cashed out ~€11,6 million euro - and if we add late november we are at €13,6 million - about $16million dollars. There are no other possible candidate in that list. So if it's not Exante (bitcoin-fund) then bearwhale didn't withdraw to fiat.

Quote from: TReano on December 04, 2015, 02:57:48 PM

Quote from: StarenseN on December 04, 2015, 02:49:50 PM

Quote from: acquafredda on December 04, 2015, 01:49:36 PM

Quote from: StarenseN on December 04, 2015, 01:03:10 PM

Thread very silent, best time to look for opportunity.

On Finex there seems to be a battle over 360$: it looks more like pong. Sorry man, I see no opportunities right now but, perhaps, I'm blind. Cool

Got it now ?

why do people long right at the trend line? It has not been broken yet... You can still buy a long when broke the trendline..

It would take roughly 90 Bitcoins dumped on Stamp to get the price back to 360, where it was less than an hour ago. There's a 400 Bitcoin wall stopping it going above 364, and a 400 Bitcoin wall stopping it going below 360, so the price will probably start ping ponging backwards and forwards in a tight range.

Those walls have to be broken before we know where it's going.

Quote from: Fatman3001 on January 29, 2016, 06:34:35 PM

Quote from: gentlemand on January 29, 2016, 06:30:57 PM

Quote from: Fatman3001 on January 29, 2016, 06:27:38 PM

Rpietila has a castle where he will tell you about the jews and the New World Order.

That sounds fun. I like stories. I hope he'll tuck me in at night too. But does that follow the correct party line? I don't want to be reeducated twice. I'm getting old and I'm keen to serve.

You're to be reeducated, not sleep. I'm not sure what party line he follows but he's the right brand of crazy. And when it comes down to it, that's all you really need.

Reeducation (brainwashing) requires three ingredients, extreme sleep deprivation, hypnosis, and drugs. Gentlemand will need months without sleep before he follows the right brand of crazy. If he's lucky he may be permitted an hour and a half sleep each day, but the hypnotism won't stop while he sleeps.

Quote from: marcus_of_augustus on February 06, 2016, 12:02:43 AM

Gavin's big dial with the shit-eating grin on front of r/bitcoin again ... dump incoming.

edit: notice how he releases these controversial posts at critical timings for technical price breakouts ... or coincidence?

What has he controversially posted? I don't read r/bitcoin and I can't face wading through page after page to find his post. Is it another post about the block size combined with another alternate Bitcoin wallet? The last thing I heard about Gavin was he climbed down to suggesting going for 2MB blocks.

Quote from: marcus_of_augustus on February 06, 2016, 12:45:53 AM

Quote from: poncom on February 06, 2016, 12:35:25 AM

Quote from: marcus_of_augustus on February 06, 2016, 12:02:43 AM

Gavin's big dial with the shit-eating grin on front of r/bitcoin again ... dump incoming.

edit: notice how he releases these controversial posts at critical timings for technical price breakouts ... or coincidence?

What has he controversially posted? I don't read r/bitcoin and I can't face wading through page after page to find his post. Is it another post about the block size combined with another alternate Bitcoin wallet? The last thing I heard about Gavin was he climbed down to suggesting going for 2MB blocks.

Dumpus_Maximus just posted about arbitrary numbers and binaries for "crassic"
usual thing, brigade voted to the top in no time by the usual paid shills, trolls, zealots and agent provocateurs
https://www.reddit.com/r/Bitcoin/
... dump incoming as per expected, cheap coinz for his bankster buddies.

I see what you mean about Gavin releasing controversial posts at critical timings for technical price breakouts with a shit-eating grin. He cost me a packet by backing up Craig Wright, I would never have believed Craig Wright except for with Gavin's back up. That's the last faith I had in Gavin gone.

Quote from: edgar on May 05, 2016, 04:10:37 PM

Quote from: poncom on May 05, 2016, 03:50:32 PM

Quote from: marcus_of_augustus on February 06, 2016, 12:45:53 AM

Quote from: poncom on February 06, 2016, 12:35:25 AM

Quote from: marcus_of_augustus on February 06, 2016, 12:02:43 AM

Gavin's big dial with the shit-eating grin on front of r/bitcoin again ... dump incoming.

edit: notice how he releases these controversial posts at critical timings for technical price breakouts ... or coincidence?

What has he controversially posted? I don't read r/bitcoin and I can't face wading through page after page to find his post. Is it another post about the block size combined with another alternate Bitcoin wallet? The last thing I heard about Gavin was he climbed down to suggesting going for 2MB blocks.

Dumpus_Maximus just posted about arbitrary numbers and binaries for "crassic"
usual thing, brigade voted to the top in no time by the usual paid shills, trolls, zealots and agent provocateurs
https://www.reddit.com/r/Bitcoin/
... dump incoming as per expected, cheap coinz for his bankster buddies.

I see what you mean about Gavin releasing controversial posts at critical timings for technical price breakouts with a shit-eating grin. He cost me a packet by backing up Craig Wright, I would never have believed Craig Wright except for with Gavin's back up. That's the last faith I had in Gavin gone.

how exactly did gavin backing craig cost you a packet?

I was hodling no matter what happened to the price, then Gavin announced Craig Wright had proved he is Satoshi. I panic dumped right at the bottom, then had to buy back after it became clear it was all bull. I'd never have panic dumped if it wasn't for all the Satoshi lies.

Quote from: AlexGR on May 05, 2016, 04:19:55 PM

Quote from: poncom on May 05, 2016, 04:17:04 PM

I was hodling no matter what happened to the price, then Gavin announced Craig Wright had proved he is Satoshi. I panic dumped right at the bottom, then had to buy back after it became clear it was all bull. I'd never have panic dumped if it wasn't for all the Satoshi lies.

Seriously, what was your rationale for dumping?

Come on, if Satoshi really was Craig Wright it would have started a dump down to the pits of hell. You could see it starting, then stopping when people started to digest all the information and realise there was no proof.

Quote from: bobabouey2 on May 05, 2016, 07:02:04 PM

Joseph Vaughnperling not giving up:

Quote

I also have a message for Dr. Wright from the trustee of the Tulip trust that is controlling the coins that he wants to move. Not yet announced:

Quote

“The Tulip Trading Trust trustee, appointed by Dave Kleiman as of Oct 12nd 2012. It has been rumored that Craig Wright will need to access Tulip Trading Trust assets. Trustee acts in the interest of the beneficiary alone and must defend against undue influence by others. In order to authorize movements of trust assets the beneficiary must come forward and make a direct request of the trustee our way–NOT via 3rd party nor any intermediaries. Any coin movement affecting the trust asset without prior authorization will be considered a trust violation and invalid irrespective of any claim of constructive bailment. The Trust alone has control over its assets. Tampering or manipulating with trust assets by anyone (including the beneficiary) might have material legal and tax implications. Beneficiaries are invited to a conference call 12:00 UTC Friday to discuss interests. Principals only.”

https://bitcoinmagazine.com/articles/satoshi-saga-continues-tulip-trust-trustee-expected-to-appear-by-september-says-joseph-vaughnperling-1462467803?q=%20&hPP=5&idx=articles&p=0&is_v=1

There is not a shred of proof to back up any of that story. The guy in the cowboy hat who told it says "trust me" as his only proof. He talks vaguely about third parties who he refuses to name, vague dates he refuses to be specific about, and vague future events that he refuses to be pinned down on.

Quote

AVW: No offense, but: Why should I trust any of this? Why should I trust anything you say?

JVP: Do your own research. Keep on your quest for knowledge. When you find someone who can teach you, listen carefully. When you find someone that can learn from you, be kind.

AVW: You're skilled at avoiding questions through what sounds like ancient wisdoms.

JVP: You are a reporter, the ancient wisdom is multiple sources, so ... do your own research …

Quote from: USB-S on June 11, 2016, 05:41:09 PM

Quote from: savetherainforest on June 11, 2016, 05:15:47 PM

Quote from: zimmah on June 09, 2016, 04:03:51 PM

china seems unwilling to break 4000 CNY atm...

so it seems like we won't go to the moon just yet

maybe it's time for europe to take the lead for once.

I'm feeling a huge bear trap incoming at ~650$ ...

By the looks of things there is a huge entity doing weird stuff ... That entity does not seem to care about FIAT ... it also buys with the right and then sells with the left to itself just to keep buying "cheap 580$ coins" LOL!

So there might be a billionaire, The People's Republic of China, or some weird China bitcoin cartel.

We can't even touch $600, I'm feeling leveraged Chinese Seamen make dump within 5 hours.

There was a recent pump up to ~4000 CNY which China led. Afterwards there was a pump up to ~$600 which the West led. It's China's turn to start the next pump off. I'm sure it break through 4000 CNY despite any dumps. The tug of war between the pumpers and the dumpers will end with 4000 CNY getting smashed just like 3000 CNY was smashed.

Quote from: MingLee on June 11, 2016, 11:15:44 PM

Holy shit I think some exchanges might break $600 today, we'll have to see where China wants to take the value but having the average breaking $593 means there's a lot of buying going on somewhere and this is probably going to impact all the other markets. We're going back to 2013 values bois.

I can't wait to see where the train ends.

China's trying to break 4000 CNY, there's a 3955 CNY 24 hour high on BTCC. Now China awakes the price is out of that range it was stuck in. We could wake to a nice surprise if China keeps pumping.

Quote from: adamstgBit on June 11, 2016, 11:23:58 PM

BUY BUY BUY!!!!!!!!!!!!!!!!!!!

Buy on coinsbank because its got the most bearish prices of the lot. Why has it shot from low volume to the highest volume so fast, and why are its prices so low they are dragging down the average? Is coinmarketcap lagging in getting real time prices for it?

600+ broken on bitfinex and getting closer to 4000 on BTCC.

edit

605.5 now on bitfinex and the Chinese are at 3996 on BTCC and eating through that wall at 4k.

Quote from: strawbs on June 30, 2016, 10:02:01 AM

Quote from: hatshepsut93 on June 30, 2016, 07:24:26 AM

Who else is tired of this 630 bullshit? We need 680 in the next 24h

$650 now. Perhaps someone was listening.

I'm sick of this $625 to $660 bullshit. We need $700+ in the next hour.

Perhaps some whale is listening and will do another pump. This $625 to $660 bullshit could continue up to the halving otherwise.

Quote from: megadeth on August 09, 2016, 02:24:32 AM

Quote from: TERA on June 24, 2016, 05:22:58 AM

The short term rally is over. When you break through the lower 1D MA and return to nearly the starting point, the rally is over. The upwards momentum you are seeing now is due to brexit, which saw the GBP drop 15% and gold rise 6% over the past few hours.

I'm afraid I can no longer trade here anymore due to the issues at Bitfinex. I could lose my whole account if the site goes down while I'm on the wrong side of a leveraged trade (especially if its ETH). Hodling on-chain is a much better proposition and guaranteed to hold some kind of value. Since I'm already at the minimum amount of coins that I'm allowed to hold in a pact that I made with myself in 2013, I have no choice but to

HODL

see you next year (if there's somewhere to trade).

Tera called MtFinex 3 months ago.

He didn't predict the hack, he stopped trading on it after it went offline for days as Bitcoin crashed. Half its users probably made the same decision. Knowing that your exchange could go offline for days during a price crash is a nightmare. Watching your coins go down and down in value when you can't access them is terrible, and for leveraged traders it's even worse.