All posts made by the artful bodger in Bitcointalk.org's Wall Observer thread
1.
Post 15385597 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_14.54h):
This market hedge stuff is pure bullshit and you'd have to be a moron to believe it.
It does however plant a seed for the future in a few minds.
I wanna know what youre ECB overlords will do with 444b Euro's (created out of thin air) during this ''Brexit event''
http://www.ecb.europa.eu/mopo/implement/omo/html/20160065.en.htmlThe big news sites kept that quiet. So the ECB reaction to the Brexit event is to start printing just a shitload of money. The big news sites are saying don't panic, and the ECB starts panic printing money the second the Brexit event starts. That's bearish for fiat and bullish for bitcoin.
2.
Post 15913882 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_14.57h):
Verify:
OKcoin get fined by The Higher People's Court of Heilongjiang Province,the judge is finished at July 14th,and put online at July 29th.This judge is beyond most people's awareness because the company and and other peer companies didn't want to spread the news until today(20160813) The Securities Times(in Chinese is 证券时报）criticized that blockchain trading should be subject to legal supervision by describing a recent case in a passage without naming the defendant is OKcoin.
As we all know,Chinese authority’s attitude towards bitcoin is restricting the use and prohibiting bitcoin links to the Substantial Economy.Since this judge is the first judge that the major Chinese bitcoin exchange is the defendent,we can get some real concerns of the athority by analyzing the judgments.
○The business on OKcoin is illegal
"Lekuda company’s main business is OKCOIN ,which is a virtual currency exchange.It provides customers with a web space to exchange virtual assets and it profits by charging its clients fees (0.2%-0.4%) . Its dealings in accordance with the the 22nd Case of Network Management of Transactions (in Chinese 《网络交易管理办法》. According to this law,if the company wanted to provide online trading business,it should register at the administration of Industry and Commerce and get a business license.Lekuda company registered business scope only include such areas:technology development, transfer of technology, technical services, technical marketing, consulting and investment management.Trading bitcoin for profit-making purpose is beyond the range permitted by the administrative authorities . "
→ It shows OKcoin runs the business without approval
○OKcoin(it refers to okcoin.cn) is not recorded at the Telecommunications authorities of China "To the end of the trial, Lekuda failed to provide related materials recorded at the Telecommunications Authority registration .The address/domain name record information is not stamped with the seal of the Department, and it could not prove its effectiveness "
→In China,every online service provider should be registered at the Telecommunications authorities. It shows OKcoin lacks the recorded approval documents ,so it cannot provide online service in mainland China
○OKcoin failed to strictly review the real names of every user,which makes it easy for money washing by bitcoin This case is caused by a criminal utilizing the loose review of user's real names in OKcoin .The criminal first cheated a company a large sum of money(12 million RMB,or 1.8 million US dollars),then used ID cards bought online to open up an acounts at OKcoin,at last used the money to buy Bitcoins and withdrawed in Macao.
→Since the Chinese authorities prohibited any third-party payment services linking to bitcoin trading in 2014,the exchanges in China had to use the the accounts of its employee or other companies,a loose review of the real names increase the risk of money laundering,which the Chinese authorities would not like to see.They are afraid of the money flee from China.
https://www.reddit.com/r/Bitcoin/comments/4xjtcw/okcoin_fined_by_chinese_court_for_helping/Thank you, this is something to keep an eye on. It could turn very bearish if Chinese authorities would decide to shut down the mainland exchanges.
Not just bearish.... If Okcoin and even Huobi would get shut down with all the BFX shit on top this could throw back Bitcoins trust to the early Gox days.
Could be FUD as well. No source so far.
If you read all the comments in that reddit thread you will find this one by btcdrak. He says it's only a civil case, not a criminal case, and he posts a link to the original judgement. If it was a criminal case it would worry me, but a civil case is less serious for bitcoin in China.
https://www.reddit.com/r/Bitcoin/comments/4xjtcw/okcoin_fined_by_chinese_court_for_helping/d6g4oxibtcdrak 54 minutes ago
The original judgement is here:
http://wenshu.court.gov.cn/content/content?DocID=ce26a599-64e9-44ab-96fd-b04617d482b4&KeyWord=EDIT: it is actually not "fined" it's a civil case, okcoin has to pay the victim for 40% of their loss.
It's important to note that all Chinese exchanges have been operating in a grey area since day 1. This judgement refers to okcoin.cn, not the .com site which is a separate business afaik.
EDIT 2: The case is from 2014, this is the OKCoin appeal, which they lost.
3.
Post 16828930 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_14.58h):
Bearwhale! Nevar forget!
Was epic. Cool drawing btw, don't remember seeing that one.
If you look closely at the picture and the graph, you will notice the artist used the outlines of the price graph as the basis of his picture. Look at the waves and where the head of the Bearwhale is. The slaying of the Bearwhale marks the beginning of the end of the big bear market in Bitcoin.
No it didn't, the bearwhale dumped the price down to $270. Afterwards there was a pump to $450, then it crashed down to $150 when Bitstamp got hacked. For most of the next year the price bounced between $200 and $300, and 90% of that time it was below $270. The beginning of the end of the big bear market in Bitcoin was when it got pumped to $500 roughly a year after the bearwhale's dump.
4.
Post 16936322 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_14.59h):
Well, we didn't break 750 for very long and we fell back because of that. Not too terrible, bad place to buy imo but we should be right back up to where we were in a week or less. We're still higher than we were a month and even 2 weeks ago, so that's a start. Dropping below 700 is pretty unlikely imo, but it could happen still.
About three days ago it went down to 730, then went back up again. Today it's gone down to 720, which is only 10 lower. It will probably continue playing ping pong between 700 and 750 for the next few weeks.
For the Chinese traders the price is still holding above 5000 CNY, and as long as it stays above it's not going below $700.
5.
Post 16938536 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_14.59h):
Well, we didn't break 750 for very long and we fell back because of that. Not too terrible, bad place to buy imo but we should be right back up to where we were in a week or less. We're still higher than we were a month and even 2 weeks ago, so that's a start. Dropping below 700 is pretty unlikely imo, but it could happen still.
About three days ago it went down to 730, then went back up again. Today it's gone down to 720, which is only 10 lower. It will probably continue playing ping pong between 700 and 750 for the next few weeks.
For the Chinese traders the price is still holding above 5000 CNY, and as long as it stays above it's not going below $700.
"probably continue playing ping pong between 700 and 750 for the next few weeks"
I wonder what are the odds for such a scenario playing out?
..... I would probably place the odds at less than 50% (and maybe even less than 1/3)
........, there is some exciting price movement in the air...
When everyone is excited uᴉoɔʇᴉq tends to stagnate, when everyone is bored uᴉoɔʇᴉq tends to unexpectedly pump. Often uᴉoɔʇᴉq trading patterns occur back to front, and upside down from what everyone expects. I would place the odds of uᴉoɔʇᴉq price stagnation at over 50% because everyone else is betting on it going up or down.
6.
Post 16957657 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_14.59h):
Poor bearwhale, never forget.
Yes, apparently he was delicious. Fed lots of hungry bulls.
If he was smart he could have reloaded at 150. The volume of that dump was so big nobody would have noticed him putting in a massive series of laddered buy orders.
7.
Post 17122744 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_14.59h):
It's my opinion that we should have been well north of $1K many years ago, that's how much I think bitcoin is undervalued right now.
I fully agree with that. While it was over $1k 3 years ago, that was an artificial high.
Follow the exponential rise from a fifth of a penny in May 2010, through dime later that year, a dollar several months later, bubbling up past $39 in the Great Bubble only to settle in at over $2 later that year, then less than half a year later setting a new ATH at $266 during the second major bubble, only to drop to $50, and then reach $1200 during the 3rd big bubble.
The peaks of the 3 mega-bubbles all rose above the trend lines and were quickly brought back down to earth. Since then we've been substantially below the trend lines and are only recently recovering. The 2014-2015 prices in the $200s were as much an anomaly as the prices in the $5-$10 range were in 2012.
Of course Bitcoin is undervalued now. We have a lot of catching up to do.
The gox hack and auctions followed by bitstamp hack facilitated those prices in the $200s. Although I thought the finex hack would suppress the price for longer, the bullish sentiment of the community and the halving contributed to a fast recovery. Hopefully the halving effects will keep pumping the price during 2017.
8.
Post 17277160 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.00h):
I was busy with Christmas stuff and didn't find out it had gone 900+ until twelve hours after the event. It's a great early Christmas present.
9.
Post 17278549 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.00h):
Well, well, well, good morning Bitcoinland.
Quite a night. I missed joining the party here last night because I was gigging, but we were taking a break when we broke $900 and people around me were asking me why I was punching the air while staring at my Android device. I told them I just earned $25k.
I would keep quiet about having that much invested in bitcoin. Otherwise you run the risk of the news spreading by word of mouth until a bad guy hears about it.
10.
Post 17279997 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.00h):
not really (for me). Unless you mean January 2013. Then I agree: it feels like the beginning of something big.
The fractal similarity between now and then haven't gone unnoticed. I find it hard to imagine there could be such a % increase again, but I guess you can never say never with Bitcoin.
Another banking crisis could stimulate such a % increase again. Deutsche Bank agreed to pay the US a $7.2 billion fine today, and Italy's oldest bank's getting a bail out. Banks mirror exchanges in claiming they are solvent, then suddenly announcing they have been effectively bankrupt for years. A crisis could emerge without much warning.
11.
Post 17294377 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.00h):
BTC hates you greedy bastards and dump on Christmas. Next stop 800$
Happy Christmas.
It's testing the resistance from three days ago. Seven days ago it was under $800. It can't keep going up over a hundred dollars a week without retraces. If you zoom in on the run up to the last ATH there were big retraces before it made it.
This one was likely because all the banks in the west are closed for a few days, which stops money getting through to exchange. When the banks have reopened the price might go back up over $900 again.
12.
Post 17300935 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.00h):
I will admit that I am quite surprised by our current state of bitcoin.. because if you look back at my posts, I was continuing to say that I expected a pretty decent probabilistic chance of a price correction sometime after lower $600s either before reaching the mid $800s or even more probabilistically before reaching $900... and I will admit that I have been proven wrong, or at least BTC prices went into an area that I considered to be less probabilistic (more bullish).
I also said on several occasions, once we pass mid to upper $800s, that we are likely to go straight (more or less) into the $3k to $5k price territory. Since we got from lower $600 to lower $900s without any meaningful correction, I am now thinking that it is going to be a bit more difficult to get into the $3k to $5k price territory without a meaningful price correction. I am going to have to revise my thinking.. so at this time, I am thinking maybe tentatively that if we do not get a meaningful correction before passing old ATH ($1163), then probably our top for this run would be in the $1,900 to $3,500 arena)..
bitcoin doesnt like to do any serious retraces when its in bull mode.
IMO, crossing $940-960 this week would lead to an ATH, and perhaps a peak of 1300-2600. Its pretty bullish, and im not doing any leverage (just HODL), but i dont expect it to peak beyond $2600 (in this rally), and a rally to those levels would probably crash back down to the 900-1200 range for many more months of recovery and profit taking
im trying not to go full bull and leverage my holdings - weve seen in the past that it doesnt take much to make it rally or crash irrationally at the drop of a hat (or attack of the bearwhale)
The last week running up to the last ATH had irrational ups and downs that must have margin called some leveraged traders. HODLing is safer and less stressful.
13.
Post 17496416 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
Oh shit, after reading this and realizing the possible implications, I will have to be extra careful after opening a long... Planned to open one in a couple of hours...
What possible implications exactly?
A possible 10x drop in Chinese volume, how do you think that would look? Bullish?
Are we sure this is true? I just checked my huobi account and margin seems to be the same
Coindesk says BTCC is the only Chinese exchange to make a formal announcement until now. It's website's home page shows a link to this message
https://www.btcc.com/
Coindesk says traders on Huobi told them it stopped margin, and OKCoin traders told them differing stories.
http://www.coindesk.com/china-bitcoin-exchanges-trading-policy-updates/At press time, traders were reporting that loan-based trading services were no longer available on Huobi.
OKCoin's international and China-facing websites OKCoin.com and OKCoin.cn were said to be offering limited or augmented versions of the services, though traders were reporting different experiences.
However financemagnates says BTCC told them stopping margin might only be temporary.
http://www.financemagnates.com/cryptocurrency/trading/bitcoin-trading-on-margin-halted-by-major-chinese-exchanges/Talking to us shortly before this publication, Bobby Lee, the CEO of BTCC, told Finance Magnates that the importance of this move needs to be taken in context and not be overstated. He explained that halting leveraged trading could just be a temporary action, one of possibly many more tweaks to the service to come, as the exchanges are trying to adapt to the demands of the regulators while nothing official has been decided yet. The real importance here, as he sees it, is that the PBOC is actively engaging with BTCC and other bitcoin exchanges and openly shares this with the Chinese public.
14.
Post 17498708 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
maybe one of the results of the chinese sniffing around is that we discover they've been naked short selling it all these years. could be fun.
isn't that legal tho?
i mean its an accepted practice on other markets.
I remember the US briefly banned shorting during a fiat/stocks crash years ago. It was legal until they decided to briefly ban it, then they unbanned it again and it went back to legal. China's the same, it's legal until they say it's not, then back to legal when they say it is.
15.
Post 17507800 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
30k btc to be sold is surely not doing any good to the price. on the other hand on bitstamp alone 35k btc have been dumped on jan.5th. and another 27k next day. bitstamp has a market share of less then 0.2% (the real market share value is surely higher due to fake volume on chinese exchanges)
I get what you are saying that someone had to sell all those coins on January 5 and 6 on Stamp; however, traded is not the same as dumped, merely because the price went down during the process of the trading.
The South China Morning Post suggests that crash was exacerbated by margin calls on Huobi. The exchange couldn't cope with the number of traders logging in, and effectively locked most of them out while they got margin called. A typical experience was described by a trader called Mr Ding who lost 409 bitcoins plus an extra 1,228 bitcoins on loan because he couldn't log into Huobi. The exchange told him it was his loss, and they were not compensating him.
That's probably why the PBOC started an inspection, because Huobi wouldn't compensate its traders. Without that margin trading the price should be less volatile. The PBOC's only protecting traders from similar situations, it's not banning bitcoin or closing exchanges.
http://www.scmp.com/business/banking-finance/article/2061997/chinas-bitcoin-market-another-ticking-time-bomb“I have taken on big risks when making leveraged betting, but the collapse of the trading system made me unable to run stop-loss orders, so I think the platform should compensate for investors’ losses,” Ding said.
Ahead of the market crash, Ding had borrowed 995 million yuan from Huobi by pledging a principal consisting of the 409 bitcoins he already owned. He then bought a further 1,228 bitcoins with the loan.
Most of his holdings were compulsorily sold out by Huobi during the price collapse while he was unable to access his account.
Wu Xing, head of marketing at Huobi, said the log-in delay was caused by a torrent of visits and selling orders, which exceeded the capacity of the website.
“[The loss] was due to irresistible factors and not included in the compensation scope. We are sorry and understand the feelings of the investors,” she said.
16.
Post 17513472 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
i think its doubtful PBOC will order all positions to be closed within a 24 hour period... from what i hear they want to bring an element of stability and health to the bitcoin market, they want things to be done right... not be the source of investors losing there shirt...
You're wrong! Don't get fooled by narratives about PBOC "consumer protection" worries! They've stepped in because bitcoin price increased 200% in a short amount of time. If Bitcoin price have decreased instead PBOC would have never intervened to protect investors!
What about
Mr Ding getting locked out of his Huobi account while he had 1638 leveraged bitcoins force margin called? Almost all leveraged Huobi traders got wiped out like him because Huobi wouldn't let them log in, and Huobi refuses to compensate them. The PBOC had to do something, or look ineffectual.
17.
Post 17515448 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
18.
Post 17515624 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
Or else this enormous cup requires a proportionally large handle, in which case this clambering up and dripping down could continue for months?
i always thought it could be until may. now i think august or september.
Do you mean august/september 2018, or august/september 2019?
19.
Post 17515875 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
Or else this enormous cup requires a proportionally large handle, in which case this clambering up and dripping down could continue for months?
i always thought it could be until may. now i think august or september.
Do you mean august/september 2018, or august/september 2019?
2017
I studied the times between the previous two highs, and speculate we get another spectacular in about 5.5 to 7.5 months.
20.
Post 17520821 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
21.
Post 17525467 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
ETF means Wallstreet can easily move hundreds of million USD into BTC without any legal, safety or accounting issues.
ETF would mean 5000$+
But imo it wont happen, at least not in 2017.
I don't think the ETF will happen in 2017, but I think bitcoin could go above $5000 in 2017. In 2013 bitcoin crashed then went above $1000 when the US announced it wasn't banning it. The same thing could happen this year if the PBOC announces it's not going to regulate bitcoin exchanges.
22.
Post 17525505 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
-snip-
Hey guys, can someone give a link for the slow turtle I am?
You're all talking about "ETF" and I don't have a clue on what it is.
And your article isn't better Fakhoury, I bet it's fucking interesting but it only details the effect of ETF approval or refusal and how ETF could change bitcoin worlf and maybe even financial world in a more general way but without ever saying again what ETF means because xD
Here's an old article explaining what a bitcoin ETF is.
http://www.investopedia.com/articles/investing/041114/why-winklevoss-twins-new-bitcoin-etf-matters.aspThe Winklevoss Bitcoin Trust, currently moving towards regulatory approval, could be approved by the end of 2014 and will be a Bitcoin exchange-traded fund (ETF), with each share representing an amount of bitcoin held by the Trust. Currently, such an investment vehicle is only available to wealthy investors, through funds like the Bitcoin Investment Trust. The Winklevoss ETF will allow people with a brokerage account to invest in Bitcoin without having to worry about the challenges of buying, storing, and safekeeping bitcoin.
23.
Post 17525655 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
-snip-
Hey guys, can someone give a link for the slow turtle I am?
You're all talking about "ETF" and I don't have a clue on what it is.
And your article isn't better Fakhoury, I bet it's fucking interesting but it only details the effect of ETF approval or refusal and how ETF could change bitcoin worlf and maybe even financial world in a more general way but without ever saying again what ETF means because xD
Here's an old article explaining what a bitcoin ETF is.
http://www.investopedia.com/articles/investing/041114/why-winklevoss-twins-new-bitcoin-etf-matters.aspThe Winklevoss Bitcoin Trust, currently moving towards regulatory approval, could be approved by the end of 2014 and will be a Bitcoin exchange-traded fund (ETF), with each share representing an amount of bitcoin held by the Trust. Currently, such an investment vehicle is only available to wealthy investors, through funds like the Bitcoin Investment Trust. The Winklevoss ETF will allow people with a brokerage account to invest in Bitcoin without having to worry about the challenges of buying, storing, and safekeeping bitcoin.
Thanks for the link but...
I don't see the point.
Bitcoin is one of the easiest things in the world to buy and store no?
Why on earth would it be necessary to through a funds company?
" Furthermore, secure storage of bitcoins by placing them into cold storage - that is, in wallets that are kept disconnected from the internet - can be technically challenging and investors may not want to take the responsibility of handling this.
"
Like seriously? Challenging? xD
A kid could do that after a couple of tries, don't tell me it's "challenging"!
The ETF is targeted at extremely rich people and investment funds. They have to consider the scenario below if they have invested in millions of dollars worth of coins. The ETF will be insured against theft.
24.
Post 17554271 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
Bitstamp's prices are higher than bitfinex's. That's weird.
25.
Post 17556378 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
Welcome back $900!
But for how long?
Back in January, 17, price broke $900 too, but for few hours only, then went back to $850 because of the PBOC's tweet
It's recovered very quickly, that's bullish.
26.
Post 17556746 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
Anyone else noticed Coinmarketcap axed Xbtce from its volume rankings? Good thing - supposedly top volumes on BTC and others, yet who ever heard of them before?
Bitcoinity never included Xbtce in its volume rankings, or in any of its charts. It mustn't have heard of them.
27.
Post 17559626 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.02h):
Do we get another week stuck at $900?
28.
Post 17991482 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.04h):
29.
Post 27131207 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Saddle up boys. Time to ride that bull !
Well that is an impressive 15 minute green dildo.
I blinked and it pumped by $500!
30.
Post 27131846 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
My goodness! I was so engrossed reading posts i didnt check price for a brief history of time!
Are we doing a fleeting gentleman again?
There's a wall forming at $15000, and another at $15500 on bitfinex. Maybe those are due for demolition during the next few hours.
31.
Post 27132972 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Then soak it in petrol and set it ablaze after you do the deed ...just to be sure ....
Don't forget the being naked while using it part.
You missed out the with a sheet over his head part.
32.
Post 27136779 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Moonshot. Someone blinked.
There was a 500 coin wall on bitfinex holding things back. It's disappeared now, so $15500 is the next target.
33.
Post 27178726 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Weren't we just at 15000? These fake breakouts are playing havoc on my speculation senses.
I'm with Torque. I'm thinking things are going to be mostly sideways until mid January. Aiming for $20k USD by end of January.
I hope.
The price was going up too fast. We need some sideways movement to cool things down before the next big move up. This year's gains have been sustainable because of all the small corrections and periods of sideways movement. A few more sideways weeks is good.
34.
Post 27180675 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
I sincerely believe we're headed back down to the 12000 range for the new year. Any objections?
Stop ripple shilling already
I never shilled for a shitcoin in my whole life and you know it.
of course ... but it was worth the troll.
I want to see some real quality sideways memes ... rockets, trains and bears, falling rocks have been overdone imho.
A sideways rocket is the best I can do.
35.
Post 27182910 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
bitcoin will make a move up or down soon it seems, triangle is ending
We had to wait until after New Years day before bitcoin started pumping last year. The Chinese probably had to get over their hangovers before they felt like starting trading again.
36.
Post 27185482 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Has there been any news that is driving this XRP rally ?
It's a classic pump and dump, and sooner or later there's going to be a massive dump. Bitcoin will probably pump then as money flows back into it from ripple.
37.
Post 27186599 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
We're still in this same zone $13,000- $16,000, meh.........
Yes, it was lower than this five days ago. it's just been in a $3000 range all week.
38.
Post 27186670 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
bear intensifies
Sideways intensifies.
39.
Post 27187483 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
damn
we're almost down to the parabolic-er-er-er line set by the low on the 22nd
I guess parabolic-er-er-er-er is postponed for now
You mean our bitcoins are only worth what they were five days ago?
40.
Post 27187912 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
damn
we're almost down to the parabolic-er-er-er line set by the low on the 22nd
I guess parabolic-er-er-er-er is postponed for now
You mean our bitcoins are only worth what they were five days ago?
Tragic!
It's game over.
Re-testing December 5th levels.
Bitcorn is truly and surely dead this time.
I knew it was over when there was that news event and then that thing happened.
Should I panic sell all my coins at the bottom?
41.
Post 27188266 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Should I panic sell all my coins at the bottom?
Yes, and make sure you sell them on Finex which may be a challenge if you are a US citizen. If not US citizen or have work around, include double required fee and send all BTC to Finex immediately. Then dump it all. Then proceed to withdraw your tethers and deposit them in Bittrex. go all in with NXT.
Dumping on Finex is important. You will want to sell for as little as possible.
I tried taking your advice but the bastards at bitfinex won't let me create an account. They say they are overloaded with retards trying to register and don't want any more free money from them for now.
42.
Post 27200200 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
bot trading action?
Not with Mark Karpeles, getting out of Japanese Bankruptcy MAYBE likely, with multi-millions intact! The return of Mt.Gox!
(more likely, the return of Mark Kapeles, lounging on a beach someplace)
willy bot! maybe it shall return!
http://fortune.com/2017/11/11/karpeles-mt-gox-profitable-bankruptcy/( I am sorry for making everyone's day worse, reading the above, such is life)
If he gets willy bot up and running again bitcoin could pump another 100x.
Karpeles gives good pumps.
43.
Post 27201223 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Every time we get one of these crypto-market 'rotations' the first thing I do is look to see if any of our gift coins are going anywhere.
BTG is not going anywhere.
Stellar is, if you claimed yours several months ago. I did.
I missed that one, and Bitcoin Unlimited. I've totally dropped the ball on these forks I think. B2X is out in the wild. No idea about it at all.
This cointelegraph story suggests it's not worth bothering with. It has a massive premine.
https://cointelegraph.com/news/what-the-fork-new-segwit2x-launches-with-massive-premine-unknown-development-team
44.
Post 27211774 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Looks like we're hitting the fear phase earlier than expected. I sure hope we don't reach capitulation on new years eve cause I'm planning on enjoying myself.
Nothing much happened last New Years eve. Everyone was probably too drunk to trade, and it takes some time to sober up afterwards. You are probably safe getting drunk because it's one holiday that both East and West celebrate. Everyone will be too drunk to care.
45.
Post 27214740 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
We'll be liberated after our customary "Who sold at the bottom?" post.
I was planning on panic selling at the bottom. Unfortunately I'm not sure if I missed it. I'll know for detain when the customary "Who sold at the bottom?" post appears, then I can panic sell at the start of the way back up instead.
46.
Post 27217640 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
You're not a true HODLer until you've been branded by the valley of -50% returns at least once.
word
It's less than 30 days ago since it was below $10000. A few months in a $10000 to $20000 range would be healthy for the long term price. Nothing can keep doubling in price every two weeks forever. Gains like that are unsustainable.
47.
Post 27221975 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Today an order to sell the bunch of Stellars that I got for free as a bitcoinaire got executed at the absolute top, so I recovered almost a 3% of the total value of my btc. Against negativity try to cash in some shitfork dividends.
No. Death is now the only way out. With lots of shrieking, smoke and burning pork smells.
Like this?
But what if bitcoin pumps back up when the banks open again after New Year?
48.
Post 27222791 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Bitstamps pumped back up to $13000!
Maybe I missed my chance to panic sell at the bottom.
Is it time to ask who sold at the bottom yet?
49.
Post 27223645 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Bitstamps pumped back up to $13000!
Maybe I missed my chance to panic sell at the bottom.
Is it time to ask who sold at the bottom yet?
I panic sold a little bit on Gdax 6 hours ago near the bottom. So naturally we are going to moon now.
I was hoping to panic sell below $10000. Unfortunately it seems like I missed my only chance just before Christmas.
50.
Post 27223891 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
I was hoping to panic sell below $10000. Unfortunately it seems like I missed my only chance just before Christmas.
Why not set up a private panic sell for $1000 to someone on here? They might take some persuading but I think someone will relent.
Not as drama queeny as doing it on an exchange but you can name your low price.
How can I be sure it won't go lower after doing my OTC panic sell?
Should I panic sell at one dollar a bitcoin to be certain of selling at the bottom?
51.
Post 27232755 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
That was a dip -_-
You just
had to go there... Look at what you've done now.
Hope you're proud of yourself.
Asshole.
Damn he drove the price down a little bit with one post!
Imagine the damage he could do with ten posts.
52.
Post 27233708 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
The vast majority of thread participants herein would have never bought such a stupid dumbass centralized manipulated coin,
While they may not have bought it, they may have received it. Anyone who asked got 20,000 XRP back in the day.
Including me. I think. I've no idea where that went to. These days I wouldn't pick my bum with $40,000 so it doesn't really matter.
You could use it as toilet roll. Everyone needs toilet roll.
53.
Post 27235573 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Except this block didn't include the 12.5 BTC mining reward. I wonder...
What block number was it? I hate clicking links posted here.
54.
Post 27236421 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
That's interesting, did he get the fees (5-6btc or so)
No transactions in the block either. The miner got awarded absolutely nothing.
Have a look at the transaction on blockcypher.
Total Transacted
0.0 BTC
Total Fees
0.0 BTC
He got nothing.
https://live.blockcypher.com/btc/block/0000000000000000004b27f9ee7ba33d6f048f684aaeb0eea4befd80f1701126/
55.
Post 27237279 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Except this block didn't include the 12.5 BTC mining reward. I wonder...
What block number was it? I hate clicking links posted here.
Try this first always they scan URLs too.
https://www.virustotal.com/en/I already use it, but I'm especially paranoid about links posted here. You never know when some smart arse is using a zero day exploit the scanners don't detect.
56.
Post 27238637 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Today an order to sell the bunch of Stellars that I got for free as a bitcoinaire got executed at the absolute top, so I recovered almost a 3% of the total value of my btc. Against negativity try to cash in some shitfork dividends.
Congrats. Talking of which, the deadline for Polo to claim Stellar is tomorrow. Guess that's my free coins down the drain then...
Is this another dividend I have not heard of some how?
All individual bitcoin holders could claim some stellar last summer, but the giveaway finished on August 27th. The catch was you had to use facebook to claim.
However exchanges can still claim on behalf of their customers until tomorrow.
https://www.stellar.org/blog/bitcoin-claim-lumens-2/
57.
Post 27266879 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
I could have sworn I saw a "Who sold at the bottom?" post a little while ago!
Who sold at the bottom?
I was hoping to panic sell at the bottom, but now its gone back up to $14000 I might have missed my chance.
58.
Post 27273000 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
My partner and I are writing a check to the IRS for a bit north of $350K, for the January 15th quarterly deadline.
LTC and BCH to fiat activity.
Taxation is theft.
Sheeeit.
That is a very large tax bill. I wonder what sort of mayhem and destruction the US gov't will get up to with all that money.
Same here on the taxes, and probably a larger one next year.
Remember if in the USA, you'll get hit with the gains tax 20%+, the NIIT tax (Obamacare) 3.8% on top of that, your state/local taxes on top of that, and you'll probably have to pay a lot more and loose all your deductions as you'll pay AMT taxes instead of regular.
UG!!!!!
I'd rather pay 200K for a Vanuatuan passport and a 1-way ticket.
I think you mean buy a Vanuatuan citizenship with 200K, yep cool
http://fortune.com/2017/10/10/vanuatu-accepts-bitcoin-for-citizenship/Thanks
That's handy, no capital gain or income taxes for Vanuatuan citizens, and you don't even have to ever go there to get citizenship.
59.
Post 27273488 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Is this bullshit or true? It can't be correct.
AztekPhoenix says that starting on Jan 1st, 2018 President Trumps new tax bill will force EU citizens to pay the US Gov tax for all trades on US exchanges. So any EU citizen trading on poloniex or bittrex is going to get taxed by the US Gov
The Tax bill signed into law by President Trump of the U.S.A. a few days ago, redefines all like of kind exchanges only for real estate and excludes crypto.
http://fortune.com/2017/12/21/bitcoin-tax/So starting on Jan 1st, 2018 anyone that trades on a US Exchange will be required to pay taxes on each crypto to crypto trade
for the tax year 2018 which is due by april 2019.
Does not matter if you are a US citizen or foreign citizen, if you trade on a US exchange you will owe the US Gov. Taxes on those trades.
This will probably kill all US exchanges , as anyone with any sense will move to oversea exchanges that don't require this over reaching tax increase.
If you are a US Citizen and you do all of your trading overseas, you don't owe the US Gov. anything until you reach $90,000 in trading profits.
Bittrex & Poloniex exchanges
(Based in the U.S.A.) will most likely die within the year due to this tax change.
60.
Post 27273746 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Is this bullshit or true? It can't be correct.
AztekPhoenix says that starting on Jan 1st, 2018 President Trumps new tax bill will force EU citizens to pay the US Gov tax for all trades on US exchanges. So any EU citizen trading on poloniex or bittrex is going to get taxed by the US Gov
Dogshit from a moronic Fudster.
This would be all over square miles of mainstream press in the EU if there was a shred of truth.
Thanks, I know you usually give intelligent, well thought out advice. That's useful when alcohol has reduced my IQ to lower than that of a potatoe.
If it was true every crypto news site would have been all over it by now, in addition to the mainstream press.
61.
Post 27275091 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Capital gains taxes on digital currencies is not a big deal anyways. It would never kill crypto in the first place.
I don't mind paying 15% returns on 100% gains.
It is better to (when you cash out) be very careful, and pay the full tax, lest the IRS mafia come knocking at your door to throw you in prison.
Just make sure you do your homework. 15% isn't the top capital gains bracket, 20% is. Also NIIT of 3.8% is taxed on it. Also state/local tax and your income rate. Also AMT applies if knocks your income up higher.
Can't stress that enough. Actual rate we will pay on gains from Illinois USA here is 20% + 3.8% + 4.975% + AMT = ~29%+ (more if you live in states with higher income taxes even)
I thought Trumps tax bill was meant to simplify taxes. What's it changed for you?
62.
Post 27275859 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Yes, that's all of us on here tonight. I was wondering WTF I'm doing on this forum tonight. It's because I have no life except crypto at present.
63.
Post 27276144 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Yes, that's all of us on here tonight. I was wondering WTF I'm doing on this forum tonight. It's because I have no life except crypto at present.
Nah. It's the shittest night of the year. Fuck NYE. Anyone paying $30 to get into some bar that's usually free to have a crap time surrounded by fucksticks and shit heels is a cock honker.
True, and nobody knows what to do at midnight, so they usually congregate around the nearest giant clock in the freezing cold, cheer at midnight, then endure a five hour wait for a taxi back home.
64.
Post 27279041 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Happy New Year
I hope bitcoin's $400000 by next year.
65.
Post 27279817 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
At exactly midnight china time there was that pump up above $14000. It was probably due to the Chinese making New Year's resolutions to buy bitcoin.
66.
Post 27303152 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
... and back on ignore you go. You've got serious issues, bro.
FYI there is a "Show/Hide" button on the right of ignored posts so you don't have to Unignore members for a dirty peek on a hidden message.
I know you know it, but anyway ...
would not a true ignore button make it so you dont even know that the ignoree actually posts?
otherwise whats the use? i mean last time i tried using it i ended up "dirty peeking" (love the term btw) every ignored post
outta curiosity which kinda renders the whole concept useless doesn't it? or maybe that's just me, idk....
The ignore button sometimes works to clarify the thread. No offence intended but it enables me to temporarily eliminate walls of text that don't interest me especially when I'm using my phone.
However, if someone quotes a post you ignored its full text gets displayed in the quote. There's no escaping quoted walls of text (like stolfi's).
67.
Post 27317938 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
At 13300 someone sold 700
BTC on bitfinex down to 12768. Sells like this are highly suspicious and quite often in the last 2 weeks. I am convinced that the xrp company is behind the last attack just like Ver and sockpuppets did before that. This was prepared months ago by gathering hundred of thousands
BTC, then sell each time it starts rising. In the meantime they buy of their own offers (mostly) to continue the pump. Fortunately,
BTC has only several millions coins in circulation, so this manipulation can't continue longer than few weeks. Hodlers know this and won't fall for their satanic rituals
Thats actually a good point.
Noone in their right mind would sell these many coins at 13300 when the price has been 14k+ several times in the last 2 weeks.
I remember at the end of August 2015 there was a crash down to $200 on most exchanges, and bitfinex was the only exchange where the price crashed to $150. A few months after that the bear market ended and the price rapidly pumped to $500. It's like someone was desperately trying to bring the price down using bitfinex. Nobody sensible would dump like that on bitfinex when they could get far better prices on any other exchange.
68.
Post 27319925 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
alright
let's get this party started
I'm surprised the price pimped this fast. There's another 4 hours to go before the dumping on January 1st for tax reasons ends in the USA. They could have at least waited until January 2nd to buy back.
69.
Post 27321708 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
problem at the moment is that the shite is going vertical, even though they arn't used for anything. I don't understand this at all. Where is the money coming from for these coins? No other coin gets any media attention, yet they are massively priced, honestly I just don't get it
I'm sure 80% or more of recent Bitcoin buyers don't understand the slightest thing about it. Once they start investigating alts they understand even less but see a lower price per unit. That's enough to give them a boner. And it appears to be Korea still that's leading the shameless pumping and they probably understand least of all.
All you need is greed, cluelessness and someone willing to feed that.
I recently read a post by someone whose cousin had invested in crypto, but didn't even know what a wallet was. He held everything on exchanges and was just gambling on price rises. I suspect most of the recent wave of new investors don't know what a wallet is, and nothing about the technology backing whatever crypto they invested in.
70.
Post 27323680 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
What will happen to all those paper wallets in long storage if in the future core and others only support segwit?
If I go out in the garden in ten years and unearth my stash, how do I redeem it?
Core usually supports importing most old format keys, and if you have a key format it can't import there's usually key converter software that can change it to a suitable format.
Make sure you have a stone age key format to segwit converter software installer buried somewhere in the garden as an insurance policy. If some new snazzy key format turns the segwit key format into a prehistoric artifact you will have to bury a second converter software installer in the garden as a second insurance policy.
71.
Post 27362136 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Those US residents who dumped for tax filing reasons yesterday are probably buying back now it's lunch time on January the 2nd in the USA.
72.
Post 27362314 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Me right now.
WTF is that giant screen in the background? Is that a 150" TV with bitcoinity on it?
73.
Post 27363846 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
We're past $15000 again on stamp!
That escalated quickly.
74.
Post 27365999 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Those US residents who dumped for tax filing reasons yesterday are probably buying back now it's lunch time on January the 2nd in the USA.
That makes no sense. Last year was a huge run up so you would not sell at the end of the year but sell this year if you want to defer paying taxes on it in the short term but even that isn’t the most efficient. US taxpayer best case is long term capital gains which is 366 days from purchase so end of year or not doesn’t matter.
I don't understand the US tax system. It sounds so complicated I suspect most Americans don't fully understand it either. My speculation was based on a comment someone else made.
75.
Post 27367830 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
I don't understand the US tax system. It sounds so complicated I suspect most Americans don't fully understand it either.
That is the intent. The entire system is based on deception, obscurity and fraud.
Hear me one time Donald; abolish the IRS and they will carve your face on Mt. Rushmore.
Polish tax system is more stupid than the American system
It's more stupid than having to sell at the end of the year, then buy back a day later, or going for a best case of long term capital gains 366 days after purchase?
76.
Post 27381341 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
Thank for posting this.
I wasn't ware how vulnerable my computer (and bitcoins) were until I read that story. I always avoided buying an AMD chip computer, but now my next one might have an AMD chip in it.
77.
Post 27382278 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.36h):
I wasn't ware how vulnerable my computer (and bitcoins) were until I read that story. I always avoided buying an AMD chip computer, but now my next one might have an AMD chip in it.
Amazing. I have been working with MMU's since RSX11/M, you would think the eggheads at Intel could get this right. Nope, sounds like they could fuck up a wet dream.....
It was deliberate, the NSA has been using it for years. Now that the muggles have figured it out, it's all hand wavy onoes we gotsta fix dat horrible mistake!
/tinfoil
There's even talk of upgrades needed for some ARM systems. Does that mean my phone (and the bitcoin wallet on it) are vulnerable? The phone companies rarely give a shit about providing system updates, they just want you to buy a new phone instead. I can't imagine the phone companies rushing to fix that horrible mistake, I can imagine them making us wait for another year before making a new model available for sale with a fix for the problem.
78.
Post 28516435 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.39h):
Probably somewhere freezing cold like the North pole.
79.
Post 28516510 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.39h):
Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?
80.
Post 28517592 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.39h):
Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?
Yes, most definitely.
Is there any particular reason the bottleneck in the 100-120 bytes per sat range has cleared up?
Bitcoinfees.earn.com has dropped its recommended fee further down to 390 satoshis/byte since my last post.
81.
Post 28517963 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.39h):
Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?
Yes, most definitely.
Is there any particular reason the bottleneck in the 100-120 bytes per sat range has cleared up?
Bitcoinfees.earn.com has dropped its recommended fee further down to 390 satoshis/byte since my last post.
Given that 140 sats is consistently clearing, 390 sats is grossly overpaying. You really need to judge your own fees. Just pick a level that is currently consistently clearing. I would be very comfortable with getting into the next block with 195 sats right now.
That website's recommended fee is extremely high because it's guaranteed to get into the next block. It gives a whole range of fees with probabilities of confirmation times.
Sometimes confirmation is so urgent I am prepared grossly overpay to guarantee a place in the next block. If it's not urgent I go for one of the cheaper lower probability fees.
82.
Post 28519387 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.39h):
Nice jump. Woo !
I wasn't expecting $12500 in an instant. That was an extremely fast pump.
83.
Post 28524015 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.39h):
Another day, another try to break the $12.500,- level. Marketcap seems to be recovering really well
I don't expect us to moon this weekend yet though. Probably considilate between $10.500 and $12.500. Only time will tell
HODL
A bunch of folks here think early February is a good call to hit the ATH again. Time will tell. HODL!
Nothing's impossible. That would make the dip a very fast consolidation, but who knows?
84.
Post 29491928 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.41h):
People don’t understand bitcoin is a savings mechanism not a fucken get rich quick mechanism.
It's both.
But some people want it to be too damn fucking quick and easy. They should know better.
Sure. It's still both.
I went from being on welfare to being financially independent in 4 years. That's quick fucking money. And I had to sit through a brutal multi-year bear market at a loss for most of it, imagine the people who bought at the bottom.
How did you get enough coins to do that if you were on welfare? Most people on welfare can barely afford to eat and cloth themselves, let alone buy stacks of coins.
85.
Post 29492941 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.41h):
Aaghhh !
Full mandatory verification incoming. Holdings stuck on exchange forever now.
Are you sure that's legit? That site was anonymously registered less than two months ago on 15 December, and I can't find any other news sites running that story.
https://www.whois.com/whois/modernconsensus.comRegistration Date:2017-12-15
86.
Post 29661464 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.42h):
That only applies to credit cards. They will happily allow bitcoin purchases with debit cards. They are worried they will get stuck with the bill if people use their credit cards to gamble on the price of bitcoin going up.
Most banks haven't got a problem with account holders using their own money to buy bitcoins, but they are refusing to give credit to buy bitcoins with.
87.
Post 29677883 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.42h):
"bitcoin is a bubble"... Not is not, global economy going down hard like never before.
Historic dump on wallstreet.
That will be from the banks stopping printing money for bail outs. And people complain bitcoin is volatile!.
88.
Post 29685329 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.42h):
pessimist
No, my friend. Realist. When people are telling me their 16 year old nephews are making easy money trading crypto, it means the market is way overbought.
On a less depressing note, the bitcoinity all time charts show bitcoin is up by +138258% today.
89.
Post 29689507 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.42h):
Seriously, how can we keep hitting new lows again and agai ?
What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?
Zoom out the bitcoinity chart. Bitcoinity's 30 day chart shows bitcoin's down by -60.23%, but its six month chart shows bitcoin's up by +63.61%.
90.
Post 29689615 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.42h):
I do indeed work in standards as my day gig. However, ones of a very different nature. Without the standards I work on, none of this shit would even
start working.
I thought you were too crypto rich to have a day job.
91.
Post 29691588 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.42h):
The plunge is getting too steep. We need another short squeeze.
Plunges down are often followed by steep pumps back up. It might be pumping and squeezing those shorts by tomorrow.
92.
Post 29753943 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.42h):
I like this place (7650). Let's stay here for a good while now. Build a decent floor.
The US stock market has started to recover, and maybe bitcoin will do the same. There's probably already bitcoin holders buying back at a loss like the stock market traders buying back at a loss.
93.
Post 29919358 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.43h):
The weekend is coming again, expecting to retest 7K
Sometimes it goes up, not down at the weekend. We could be retesting 9k by Sunday. All the dumpers mightbe waiting to buy back in.
94.
Post 30449881 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.44h):
Don’t worry. Main Street isn’t buying yet. We have a long way to run.
Wall Street sniffing around bitcoin should pump it to $100k, and when Main Street starts buying it should pump it to a million.
95.
Post 30804098 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.45h):
So stop quoting the trolls so we don't all have to read their posts over and over
25 fucking merit.
Is there no way to:
1. Ban the perma-off-topic, vomitously hideous shit for a soul roach?
2. The rest of the garden variety Nazi fucks turn their knobs down to say... I dunno 7? Or 8?
3. Talk about bitcoin? Or Monero?
God. Talk about Ripple and BCASH if you want! But stop with all the damned race oriented blathering.
And just ONE PAGE.
O N E. P A G E.
With no mentions of "EVIL JEWS" an no usage of the word "cuckold"?
Just one?
I made a request for a new forum software feature that doesn't show ignored posts in quotes. If you think it's a good idea you could make a post in my request thread.
https://bitcointalk.org/index.php?topic=2995588.msg30804028#msg30804028
96.
Post 30805395 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.45h):
You need to fix that OP, DUDE -- it says "MEW," not "New."
Fixed. I shouldn't have rushed the title so fast.
97.
Post 31215772 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.46h):
P.S.: BitFINES.
The bitfinex owners don't need to sell it to pass the buck, they can just say it got hacked again and pass its debts onto its customers again.
98.
Post 32337464 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.48h):
Alright, PM'ed but no blindfolds dude. I wouldn't want to miss the show
Uhh. Wow. So he PM'd me his address.
Shit just got real.
So I guess now is a bad time to say "I was just kidding guys !", huh ?
I don't think I've ever fucked up a "hunch" with Bitcoin this badly before...
But its not my address, just one of the many places I can receive mail.
Just an integrity check is all
but ya, I do like scotch.
I wouldn't mind a shot of
The Macallan In Lalique 65 Year Old Speyside Single Malt Scotch Whisky. It's only $58195 a bottle.
If bob want's to be cheap I'll settle for a cup of Kopi luwak coffee. It was
the world’s most expensive coffee, and only costs $35 to $100 a cup.
It's made from luwak shit. They select and eat the best coffee cherries, then shit out the undigested beans, which are collected, cleaned, and roasted.
This is a fresh luwak shit.
There's some cheap stuff produced by caged luwaks. However I wouldn't consider drinking that because keeping them in cages is cruel. I only drink the free range stuff.
Sadly it lost its coveted position of the world’s most expensive coffee. There's other rarer stuff shit out by different, more exotic animals that's now selling for more.
99.
Post 35032375 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.52h):
I only care about bitcoin everything else seems insignificant
Pretty much, sitting here day after day waiting for 2021 ish when my stash will make me rich. Running two companies is boring & unfulfilling. I want to travel, fuck hookers & snort copious amounts of cocaine.
I highly doubt you will find that very fulfilling for very long.
Well, for me, thats enough, i´m not very demanding.
If you do make it don't go over the top on the blow. A ripple billionaire just died from his addiction to an opioid painkiller called OxyContin. Normal people have a cure for their addictions called running out of money, but it doesn't work for billionaires.
https://www.forexlive.com/cryptocurrency/!/billionaire-cryptocurrency-investor-dies-in-mexican-rehab-center-20180417
Making a billion dollars won't necessarily make you happy or healthy.
Matthew Mellon died yesterday at a rehab facility in Cancun, Mexico. He reportedly turned a $2 million cryptocurrency investment into Ripple into $1 billion but also had a long term addiction to painkillers.
100.
Post 35033460 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.52h):
I only care about bitcoin everything else seems insignificant
Pretty much, sitting here day after day waiting for 2021 ish when my stash will make me rich. Running two companies is boring & unfulfilling. I want to travel, fuck hookers & snort copious amounts of cocaine.
I highly doubt you will find that very fulfilling for very long.
Well, for me, thats enough, i´m not very demanding.
If you do make it don't go over the top on the blow. A ripple billionaire just died from his addiction to an opioid painkiller called OxyContin. Normal people have a cure for their addictions called running out of money, but it doesn't work for billionaires.
https://www.forexlive.com/cryptocurrency/!/billionaire-cryptocurrency-investor-dies-in-mexican-rehab-center-20180417
Making a billion dollars won't necessarily make you happy or healthy.
Matthew Mellon died yesterday at a rehab facility in Cancun, Mexico. He reportedly turned a $2 million cryptocurrency investment into Ripple into $1 billion but also had a long term addiction to painkillers.
Smoke pot
cannot OD on pot, or die, or get disease or anything else
Not on old fashioned pot. However I heard about people dying from some types of spice, but it's a hundred times stronger than regular pot.
101.
Post 35033938 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.52h):
I only care about bitcoin everything else seems insignificant
Pretty much, sitting here day after day waiting for 2021 ish when my stash will make me rich. Running two companies is boring & unfulfilling. I want to travel, fuck hookers & snort copious amounts of cocaine.
I highly doubt you will find that very fulfilling for very long.
Well, for me, thats enough, i´m not very demanding.
If you do make it don't go over the top on the blow. A ripple billionaire just died from his addiction to an opioid painkiller called OxyContin. Normal people have a cure for their addictions called running out of money, but it doesn't work for billionaires.
https://www.forexlive.com/cryptocurrency/!/billionaire-cryptocurrency-investor-dies-in-mexican-rehab-center-20180417
Making a billion dollars won't necessarily make you happy or healthy.
Matthew Mellon died yesterday at a rehab facility in Cancun, Mexico. He reportedly turned a $2 million cryptocurrency investment into Ripple into $1 billion but also had a long term addiction to painkillers.
Smoke pot
cannot OD on pot, or die, or get disease or anything else
I would, but it´s not legal in my country. Thinking of moving !
If you make a fortune out of crypto you can try it on a long vacation to a country where it's legalized, like the country of California.
102.
Post 35034536 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.52h):
....
Who cares if it’s legal or not?
I can’t imagine a life without social drug use.
Maybe pfrtlpfmpf has the type of job you can lose for the slightest blemish on your record. It's not just top level jobs that can be like that, a mail man can lose his job for a blemished record.
103.
Post 35595629 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.53h):
Just received this from Circle:
Our latest endeavor is here - meet Circle Invest. It's an app for investing in crypto, backed by years of experience. Instant purchases and zero commissions on BTC, BCH, ETH, ETC, LTC so you never miss a buy. Try Invest with your Circle Pay sign in today.
Zero commissions, and no trading fees (learn how we make money here)
Multiple coins and more on the way + ROI and performance tracking
Instant deposits from your bank so you never miss a buy
$1 minimums make it easy to learn as you go
Covering your assets with offline storage, two-step verification and privacy protection
https://www.circle.com/en/investThe US and UK banks banned buying bitcoin with credit cards. Are they letting circle circumnavigate their ban?
https://www.reuters.com/article/us-lloyds-bank-uk-bitcoin/banks-in-britain-and-u-s-ban-bitcoin-buying-with-credit-cards-idUSKBN1FO0ULLONDON (Reuters) - Banks in Britain and the United States have banned the use of credit cards to buy Bitcoin and other “cryptocurrencies”, fearing a plunge in their value will leave customers unable to repay their debts.
104.
Post 37623133 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.55h):
Mine is above 140; Where does that put me?
Autistic.
Does anyone really rate IQ as any type of measurement beyond the ability to pass IQ tests?
I did a proper one at 17-18 and outgunned Einstein.
What was Einstein's IQ, and what was yours at 17-18?
105.
Post 37623544 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.55h):
What was Einstein's IQ, and what was yours at 17-18?
His was supposedly 160. Mine was more. But I read just now that 162 is the maximum score, however there are people out there with an IQ of 230 so that must mean that their intelligence is infinite so someone glued an imaginary number to it to reward them.
Did you get the maximum score, or higher than that?
106.
Post 37623932 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.55h):
Did you get the maximum score, or higher than that?
The examiner bloke never said anything about a max score and I didn't think there was such a thing. The 162 thing must be balls.
Anyway the last time I did a less formal one I scored 73 which smells far more realistic, though I can easily believe my intelligence has more than halved since those golden days.
That good feeling you get every time you have a drink comes from brain cells dying. Most of us have probably killed a lot of brain cells since we were 17-18.
107.
Post 37624347 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.55h):
I read just now that 162 is the maximum score
Yeah they won't let you score above a certain threshold. If you score above 160 in Canada then they either round down or disqualify you (in my experience).
This much volatility in bitcoin price is going to be good for Wallstreet so that they can advertise their upcoming centralized crypto as being more stable than decentralized crypto, regardless of where the price goes from here. Bankers gotta lend. Guess I'll keep buying until I run out of fiat.
Hueristic says you have to pay to join. Do they give you a higher score if you pay extra to the examiner in cash?
I didn't join Mensa when I found out they wanted me to pay ....
108.
Post 39614388 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_15.57h):
Unfortunately $100 million means nothing to bankers. They deal in such big sums of money that some of them have started saying a dollar when they mean a million dollars. They would say they spent a hundred dollars on R3, not $100 million.
109.
Post 44841627 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_16.06h):
Craig claims Base58 was used by FlickR in 2007 in this tweet after being asked if he invented it.
https://twitter.com/ProfFaustus/status/1034107267568885763Didn’t you invent base58check? You should explain why..
.
No, Base58 was used by FlickR in 2007
He states that again here.
https://twitter.com/ProfFaustus/status/1034124182181830656It explains the format Flikr introduced in 2007 on their servers...
However this blog post from 2009 contradicts that by saying flickr recently introduced its short URL service which makes use of base58.
http://mattsblog.ca/2009/08/08/flickr-short-url-generator/August 8th, 2009 at 5:14 PM (9 years ago) by Matt Freedman
Recently, Flickr introduced its short URL service for all photos (and videos) hosted on Flickr. All photos and videos have a corresponding flic.kr URL associated with them, in the format of flic.kr/p/xxxxxx (the last part is the base-58 encoding of the photo-id)
If flickr was using base58 on its servers in 2007 it should show up in short links in the source code of pages archived back then, but it doesn't.
The image on this page was archived in 2007, then again in 2009.
http://www.flickr.com:80/photos/pmorgan/32606683/A shortened link to it containing base58 doesn't show in the December 2007 snapshot of it, but does in the 2009 snapshot. Search the source code of these two snapshots for flic.kr/p/ yourself. It only appears in the 2009 snapshot.
https://web.archive.org/web/20071011015832/http://www.flickr.com:80/photos/pmorgan/32606683/https://web.archive.org/web/20090929075056/http://www.flickr.com:80/photos/pmorgan/32606683/ I wonder if flickr would confirm it copied base58 from bitcoin and didn't invent the format itself.
110.
Post 47100005 (copy this link) (by the artful bodger) (scraped on 2020-04-04_Sat_16.10h):
If you very gently scale in you risk an inconsequential amount and after that your stop should stay in profit but yes. It’s extremely speculative right now.
The price is so flat that the trading fees would probably be more than any profit you make. There's not much money to be made in a flat market.
