All posts made by BTC Books in Bitcointalk.org's Wall Observer thread
1.
Post 1882219 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
Just eating that wall at 120. Holy crap.
2.
Post 1882244 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
What the heck is going on. This is unreal!!! At this rate we will be 200+ in a few days.
Freakin' thing is going parabolic. Again.
3.
Post 1887401 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
I have a feeling most of these verifications are for withdrawals.
Why?
4.
Post 1897802 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
Why this 15K buy within 10 minutes after 20 heures of coma ??
It's been gradually rising for a while now and people want on board.
That - or fear that it will start to go up faster, netting them less coin.
5.
Post 1897851 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.
That 21M
USD sitting on Gox isn't there to be intimidating. It's working capital, on a hair-trigger.
If the trend stays solidly up for another $10ish increase in the exchange rate -
on a weekend - I wouldn't be surprised to see 10M worth of buying before the end of Sunday.
6.
Post 1897947 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.
That 21M
USD sitting on Gox isn't there to be intimidating. It's working capital, on a hair-trigger.
How do you know that USD 21m are sitting on mtgox?
Well there's more than that. 21m is the total bid sum on the order books. Which you can view on
http://blockchained.comAhh. Thanks.
And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more -
so the money is really there), that's even more impressive.
7.
Post 1898020 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
Is it? The total volume of one weekday's trading is around USD 20m.
It should be there. Gox changed the rules effective - I think - April 17th.
My understanding is that this 21M is close to an all-time high. The All Time Bid Sum graph on blockchaind appears to bear that out...
8.
Post 1898076 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
And I note that since Gox changed their rules about placing orders without actually having the funds in your account (you can't do that any more - so the money is really there), that's even more impressive.
Is it? The total volume of one weekday's trading is around USD 20m.
It should be there. Gox changed the rules effective - I think - April 17th.
AFAIK nothing has been changed yet. The new trading engine was postponed when Gox did their 12 hour unplanned downtime for system upgrades.
The rules change has nothing to do with the trading engine.
TOKYO - JAPAN - April 09, 2013
Orders will only be accepted when there are enough funds available in your wallet!
Dear users, starting on April 17th we will be rolling out a minor change on how people place orders via the Mt.Gox interface.
Until recently, anyone could place a buy or sell order for Bitcoin, regardless of how much funds were actually available in their wallet, resulting in an order showing a "Not enough funds" error status in the Open Orders list.
Starting on April 17th, this counter productive scenario will no longer be possible and will be automatically rejected before validating your order; until you have enough funds in your wallet to match the order value.
While this change should only affect a minority of users, it will however have a major impact on our trading platform and improve our system overall performance.
Regards
Mt.Gox Co. Ltd Team.
https://mtgox.com/press_release_20130409.html
9.
Post 1898133 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.53h):
AFAIK, that press release is about the new engine, but they're keeping it non-technical and only talking about "rules" instead.
Hmmm... I've read here on the forum that people have had bids and asks rejected without the funds to cover. Anecdotal, of course - and finding those posts would be difficult.
Nevertheless - we are still in a situation where the Bid Sum is at an all time high.
10.
Post 1937503 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.54h):
Casascius should start selling rolls of toilet paper with each sheet a "bitcoin bill" with the private key for one satoshi printed on it... the bears would LOVE that.
That is really a hilarious idea. It wouldn't even be that expensive with an incrementing printhead at the end of the press.
If only there were a way to incrementally calculate private keys. Nope (after thinking about that...). You'd have to use a separate printer connected to a computer and dump the keys one print operation at a time...
11.
Post 1957292 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.54h):
Incredible volume during that sell off from the all time high. Compare that with the run-up and it is night and day. Not sure what to make of it.
Market is loaded with noobs and fish traders. If and when we see another epic rally the "top calling" narrative will be good comedy as market participants are primed to expect the rug to be yanked out at some point.
That's sort of the point, isn't it?
12.
Post 2025768 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.56h):
2500 btc on 103
1964 bid is a well known fake wall, having appearing and disappearing often..
I'm going to posit that this wall originates with a Chinese trader. It's a big date for them: 1964 was the year China exploded their first atomic weapon...
13.
Post 2032504 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.56h):
I suspect rpietila could be Mads Brügger.
"
Mads Brügger (1972) is a Danish journalist, TV-host, author and filmmaker. He has written several books, worked for magazines and newspapers, produced award winning radio programmes and hosted the critically acclaimed late night TV-programme The 11th hour as well as the daily news/debate programme Deadline. Furthermore, he has created satirical docu-series as Danes for Bush (2004) and the feature-length documentary, The Red Chapel (winner at Nordisk Panorama 2009 & Sundance 2010). Brügger is reknown for his distinctive methods of
“performative journalism” as he infiltrates various milieus."
http://theambassador.dk/Goat be careful if he wants to film you transfering the BTC's in public.
That's quite the resemblance, isn't it?
14.
Post 2147531 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.58h):
Looks like somebody wants a million dollars...
15.
Post 2151268 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.58h):
CampBX too? Meh.
So we've got some little 5-10k sells going on. Not really that big a deal.
But... watch for the insider trading, like a month ago. We start seeing 25-50k dumps, then there really is a war on the exchanges - we just haven't been told about it yet. But the insiders will know amongst themselves.
I'll set some buy orders around $55-65 if the big dumps come - and maybe a flyer in the 40s.
I don't mind doubling my coinage. This too shall pass...
16.
Post 2151326 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.58h):
This too shall pass...
If and when it does we see $200 again
If we figure out how to route around the damage (i.e., the G) in a reasonably efficient manner, we'll see $500 by the end of the year.
Really though, we need a bank. And we're close to the point where a few of us acting together could afford to bribe the infrastructure of a small country, and get one.
17.
Post 2151418 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.58h):
This too shall pass...
If and when it does we see $200 again
If we figure out how to route around the damage (i.e., the G) in a reasonably efficient manner, we'll see $500 by the end of the year.
Really though, we need a bank. And we're close to the point where a few of us acting together could afford to bribe the infrastructure of a small country, and get one.
That won't stop the US from imposing economic sanctions against that country.
Depends on the country, doesn't it?
Why do I get the feeling that a Hong Kong bank would be the most effective? Of course, the Hong Kong political structure would be too expensive to contemplate at the moment. But a communist country would be fairly immune to US blandishments - and they are all mostly pretty poor countries, and quite structurally corrupt.
18.
Post 2151601 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_10.58h):
I made a killing today, how bout you guys?
Wow!
You're gonna be hip-deep in hookers and blow in no time...
19.
Post 2256693 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_11.00h):
Anyone new to BTC, this is when you buy. Obvious buying pressure, bids stacking up, asks falling away. Looking to buy a lot of BTC without slippage, the $130 wall is the last chance for awhile.
Try not to be a newbie and "take profit" at $132. Buy now, don't put up asks, just keep an eye on the market and see when the rally starts to fizzle. After this $130 wall it looks pretty good. $136-$138 seems like a decent range for short term guys buying now to "take profit". You want to avoid buying/selling in small $2-$3 ranges, the fees eat you up.
tl;dr go buy now and dont put it right back up for sale at $132 ffs
And of course nobody is listening to your experience. They're just working the fuck out of those two dollar spreads... Sheesh.
20.
Post 2256870 (copy this link) (by BTC Books) (scraped on 2020-04-04_Sat_11.00h):
I think that it will , but people here are not thinking so :/ but you cant trust anyone here ? I dont know ho to trust and who not to trust
So shuld i listen to you ?
This is that making it so hard becuse bitcoin is my first try in this type marketing
I think you're trolling. But, if you're straight you should just stop now and watch from the sidelines for a month or two. Either that or lose the lot and call it an education. Honestly, you'll get raped.
I got in to bitcoin when it was at 60$ dont remember the date , and just becuse i dont have been eriting in this forum fousent mean that i dont have read it.
60 bucks? If you're not desperate for cash just listen to people. Sit it out - watch and learn. Let it ride.