All posts made by KillaMarci in Bitcointalk.org's Wall Observer thread
1.
Post 1944069 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
Those small 0.01 transactions, are those just bots or was that a poor DDOS attempt?
If those are bots, why are they trading such small volumes?
2.
Post 1944127 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
If those are bots, why are they trading such small volumes?
who would trust large amounts of coins to a bot
Oh so those were bots from lots of different people? I thought those were just from a few people that have bots running. I was wondering why those bots would spam multiple 0.01 trades instead of one bigger trade. Makes more sense now.
Someone just dumped 900BTC for around $120k
3.
Post 1951959 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
So, what are the expectations for the weekend guys? Based on past weekends I'd say that it will stay around $130-$140 without much happening at all. Weekends are kinda boring actually.
4.
Post 1959163 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
I'm feeling so conflicted right now, to buy or not to buy...
5.
Post 1960816 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
Here comes the panic again? Fun times! I'm going to buy a crazy amount of coins at $100 if it gets there.
Doubt it will do that, there's the great wall of China @ 120
6.
Post 1960893 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
Everyone needs to try harder, today has been somewhat boring.
Pretty much every Bitcoin weekend is boring
Is it because the big traders are taking the day off?
7.
Post 1961037 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
Can someone explain to me why many people use millibitcoin instead of actual bitcoin? I saw some people talk about it but I still don't get what makes it 'better'? Isn't it essentially just BTC/1000?
8.
Post 1961396 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
Thanks for the explanations everyone!
I suppose it does indeed make sense to use m
BTC for now. Should make purchasing things a lot more straight forward indeed.
Maybe I should also convert everything I do to m
BTC from now on since I am currently only trading with very very low volumes. I just put in $150 to test out the whole Bitcoin thing and I've never owned a whole Bitcoin. Saying "I have 552m
BTC" is really much easier than saying "I have 0.552m
BTC.
9.
Post 1961503 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
I just bought at $128 about 30 minutes ago. There is now a 100% chance that the price will drop substantially.
10.
Post 1962784 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
there was one dip that could be used, I've bought some as low as below 123. And it immediately bounced to 133 for minute or two.
On mTGox yes ... not on BitStamp
QED ... you had a 2 minute window
EDIT : I think there were 2 two minute windows today ! 2 minutes might even be stretching it a bit ! Well done if you caught either of them. Me ... I did nothing.
Missed much better window yesterday but caught this one, though not with volume I wish I did.
Yep I'm on Bitstamp too and saw that quick drop and rise...on MtGox. Timed it well on Bitstamp but there just wasn't any money to be made there.
Best I've done today is just now sold for 129 when I bought for 127...nothing special at all.
Well atleast you did something in order to keep the fees down on Bitstamp. I sometimes do <2% profit trades just to keep the fees under .4%
11.
Post 1968479 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
I put in a sell order at $137 for the night because I'm scared of what will happen tommorow...
But then again I have a feeling I'm gonna regret it. Who the hell knows...
12.
Post 1968615 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
I am very bullish on the next week. It is possible that $200 will be breached. Every time bitcoin starts to rise in a serious way, the supply side just dries up, leading to an overextension and then retracement. Monday can easily see $160 but I don't think the post-crash high will be taken until Tuesday.
If anyone has coins to sell directly for bank wire, I am happy to buy them at current rate - 3% as my margin. Or I can buy goxmoney (seller buys coins, sends them to me, I bank wire). PM soon, it's late here
Or I can write puts for $120! Best of both worlds for you who don't want to sell and don't want to risk the downside!
Pulled my $137 sell order. Think I'm gonna put all my faith in this guy instead.
13.
Post 1968857 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
I am very bullish on the next week. It is possible that $200 will be breached. Every time bitcoin starts to rise in a serious way, the supply side just dries up, leading to an overextension and then retracement. Monday can easily see $160 but I don't think the post-crash high will be taken until Tuesday.
If anyone has coins to sell directly for bank wire, I am happy to buy them at current rate - 3% as my margin. Or I can buy goxmoney (seller buys coins, sends them to me, I bank wire). PM soon, it's late here
Or I can write puts for $120! Best of both worlds for you who don't want to sell and don't want to risk the downside!
Pulled my $137 sell order. Think I'm gonna put all my faith in this guy instead.
Why do you want to sell? You think it'll go lower?
I have no idea to be honest. I'm thinking it will test $125 again tommorow, then go back to the $150 area on Tuesday.
14.
Post 1973969 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
So happy I bought at $128 yesterday and held onto it until now.
That is one of the first decisions I've made that actually feels like it was 100% correct.
15.
Post 1974560 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
$140 wall starting to be devoured.
16.
Post 1976138 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
Someone please clean this crap up^^^^^
Agreed. These forums can be real hostile sometimes...
17.
Post 1987640 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.54h):
$135 wall is shrinking rapidly. Good bye $140s for a while I guess?
Really should have sold at $146. I'm taking this as a lesson though...never be too greedy. (Bought at 128)
18.
Post 1989422 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
List of countries that have a bank holiday tomorrow, May 1st.
Argentina, Austria, Belgium, Bulgaria, Bolivia, Brazil, Switzerland, Chile, China, Colombia, Costa Rica, Cuba, Czech Republic, Germany, Denmark, Dominican Republic, Ecuador, Estonia, Spain, France, Equatorial Guinea, Greece, Guatemala, Hong Kong, Honduras, Croatia, Hungary, Italy, Jordan, South Korea, Luxembourg, Mexico, Malaysia, Nigeria, Nicaragua, Norway, Panama, Peru, Philippines, Pakistan, Poland, Portugal, Paraguay, Romania, Russia, Sweden, Singapore, Slovenia, El Salvador, Taiwan, Uruguay, Venezuela, South Africa
Expecting a slightly upwards facing rally for tommorow then?
19.
Post 1995607 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
There's 2.5M sitting at $120, pretty confident that will hold tight.
What's going on at Mt.Gox though? That lag is not acceptable...
20.
Post 1996371 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Looks like the $120 wall is shrinking pretty rapidly. It was 2.5M when I checked around an hour ago. Now it's at 1.25M...
21.
Post 1996663 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
120 GONE!!!!
22.
Post 1996701 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
I, for example, don't think we will see $115 ever again
23.
Post 1996736 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
24.
Post 1997714 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
with 50+% certainty bitcoin is going to $100k+ in 3 years
And what's the other 50%?
You gotta be kidding me right? $100k? What makes you think that?
25.
Post 2005146 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
I wouldn't be so sure about the support at 90 either. There's a $2.44M wall, that's about the same size as the $120 wall was yesterday. Remember how quickly that was eaten?
26.
Post 2005597 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
96 gone! This is more exciting than watching a good thriller.
27.
Post 2005647 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Everyone buying at 97...so sorry guys. That must have been a sharp blade.
28.
Post 2005675 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Geezz....what a dive! Yikes . Might be holding my $110 coins for a long time...
I'm holding some at 128 and some at 156 and I'm feeling mildly scared. Just mildly though...
29.
Post 2005703 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Geezz....what a dive! Yikes . Might be holding my $110 coins for a long time...
I'm holding some at 128 and some at 156 and I'm feeling mildly scared. Just mildly though...
sell them while you can get at least 92
its at least better then nothing
Nope. I have done that way too many times. I have sworn to myself to never ever sell at a loss ever again. I still have fiat in my account so it's not that bad.
30.
Post 2005738 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Nope. I have done that way too many times. I have sworn to myself to never ever sell at a loss ever again. I still have fiat in my account so it's not that bad.
That's the way, bury your head in the sand and hope for the best !
It may seem stupid to some, but everytime I sold at a loss before the price got back up within a week or so.
31.
Post 2005820 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Nope. I have done that way too many times. I have sworn to myself to never ever sell at a loss ever again. I still have fiat in my account so it's not that bad.
I hear you. But the problem with that approach is that you just got into an arranged marriage with your position. It's hard to see the market objectively from there
Not everyone is here to speculate. Leave the guy alone.
That was not intended to be an attack, just an honest opinion
What do you mean I can't see the market objectively from my position? I'm not a daytrader really, I'm in it for the long term.
32.
Post 2006065 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Not everyone is here to speculate. Leave the guy alone.
Can't tell if this is a sarcastic comment, considering the thread and subforum.
We're again at 100.0 as I type this. Humans and their love for certain numbers... skewing prices since they learned to count with fingers.
It doesn't mean anyone has a right to tell another person what to do with their money. That is manipulation, not speculation. The guy didn't say "tell me what to do."
I'm speculating but neither buying or selling. Must blow your mind to find out people do this.
Hold on ... I didn't tell him what to do, just gave my HONEST opinion on his predicament. The only person here telling someone else what to do is in fact you ... but I am not taking offence as I know you were doing it with good intention
I am not here to manipulate the opinions of others, although given the number of people that are, I can see how that mistake could be made
I just wanted to add that I didn't take offense from any of your posts either. All the questions I asked were not meant to sound sarcastic. I'm honestly new to all this and still have a lot to learn, so I wasn't mocking you or anything.
Just asking honest questions (I know sarcasm and non-sarcasm are hard to convey in text)
33.
Post 2007311 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Btw, this is the last day when we see $95 EVER, you can quote me on that.
You have been wrong like 3+ times in the past 2 days, why should I take your word for it now?
I actually now believe you're making these statements just to give yourself an advantage. You're a well known member of the community and probably have a lot of influence on new guys (like me too at first, admittedly)
If you really want to make predictions that people take seriously you gotta put your money behind them. Bet 100BTC that it's never going to $95 again.
34.
Post 2007352 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Btw, this is the last day when we see $95 EVER, you can quote me on that.
You have been wrong like 3+ times in the past 2 days, why should I take your word for it now?
I actually now believe you're making these statements just to give yourself an advantage. You're a well known member of the community and probably have a lot of influence on new guys (like me too at first, admittedly)
If you really want to make predictions that people take seriously you gotta put your money behind them. Bet 100BTC that it's never going to $95 again.
I'd be very surprised if anyone could be influenced by that twat now. Some were in his arse week or two ago but I hope everyone saw what a moron he is til now.
Yes, when I first joined and saw this guy I thought:"Hey this guy has lots of money in Bitcoin, he must know his shit real well!"
Obviously though, he doesn't know anything. Just like the rest of us here.
35.
Post 2007610 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Pretty sure this is another 0.01 DDoS?
36.
Post 2008975 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Went to bed at 95...my phone just woke me up like an hour later because of a 15+% change and the price is at 112$?
What the hell is going on? How am I supposed to sleep like this?
37.
Post 2014472 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Made the prediction that $90 is going to break, so I put up walls on the way down to $80. I find you just need to make a decision...
38.
Post 2015353 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
me and my fiat are taking a break this weekend. I think maybe it's not dissapearing into coins but it's just off the order book. I have no idea what to bid at the moment.
Haha yea, pretty much the same for me. I put in a buy order at $81, thanks to my luck the low on Bitstamp was $81.5 though so I just missed the train.
39.
Post 2015498 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
me and my fiat are taking a break this weekend. I think maybe it's not dissapearing into coins but it's just off the order book. I have no idea what to bid at the moment.
I just put lots of bids from $75 down to $10. Whatever the bottom is I'll catch a good chunk of it.
what is the best strategy for doing this?
I usually pick a spot where I want to begin, and double the amount I'm going to buy the lower it gets.
So for example
0.1BTC @ $80
0.2BTC @ $78
0.4BTC @ $76
0.8BTC @ $74
etc.
I'm sure theres different strategies for this but I find this one the most logical sounding.
40.
Post 2015601 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
I'm curious about these strategies.. people use the same strategies when they play blackjack. They play the minimum, they lost, then they play twice the minimum and so on.
What they don't realize is that they waste a valuable and most often unaccounted factor TIME!
You can easily buy or sell ALL your coins at a single price, if you re-buy or re-sell at a better price then BAM!!! you made a shit ton of money compared to the averaging strategy you use...
It's kinda like the "diversification" approach... when all the so called financial advisors recommend to diversify...
that's code for "I have no clue what will go up or down, so to cover my ass, I'll recommend you to bed on all the different stocks so in the end I make money off commissions and you break even"
Anyways... I'm not criticizing your strategy, just pointing out what I think is the common denominator in many other situations.
That's true. If you look at my example and the price only goes to $78 then I'm screwed because I only bought 0.3. This strategy is mostly just to try to predict the bottom and try to catch as much as you can even if your bottom is off by +5%. Catching the exact bottom and going all in is very difficult for me. With this strategy I can pick a bottom +/-5% and place my bets accordingly.
41.
Post 2017589 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
I don't actually think it's going to drop much further until Monday. It's Friday evening here in Europe and over the weekend not much is going to happen as is usually the case.
That's my $0.02
42.
Post 2018313 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
The fact that Mt.Gox keeps lagging up to 50 seconds just by a single person doing fake mini trades is sort of hilarious in a very very sad way. Big investors must question themselves why they trust that website with anything...I can actually understand the dropping prices with all the shitty news these past 4 days.
43.
Post 2018745 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
44.
Post 2018980 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Let's throw random numbers and see who's gonna be right on monday then?
I'm calling $65, Monday. 8PM UTC.
45.
Post 2019481 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.55h):
Well to be honest, arepo couldn't have predicted the events that unfolded after he made his prediction. BitcoinATM, Silk Road, Mt.Gox lawsuit, all those things had a pretty negative impact on the price I believe.
Let's stop talking about Monday though. What about the weekend? Will the price stay stable in the 90s? Do you guys think I can savely go to bed now and still sell my Bitcoins I acquired @$83 tommorow? I'm feeling very tingly...
46.
Post 2025328 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Wow, this thread is a gigantic bitchfight right now
Looks like my prediction for Monday at $65 was wrong though, bulls are pulling in...
47.
Post 2025606 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Seriously China...don't make me regret not buying more coins at $90...
48.
Post 2025650 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
I really didn't expect this much activity on a weekend...holy damn.
49.
Post 2028843 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Drinking game anyone? One shot for every $111.11 trade! Woosh!
50.
Post 2028961 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
This right now feels more 'weekend-ish' to me. What happened earlier today was kinda strange considering it's a Saturday. Now the price is just hovering pretty much and I'm guessing it will continue to do that until Sunday. (Although Monday is a bank holiday in Japan)
Btw. Big thanks to whoever just sent me 1mBTC, figured it must have been one of you guys here. Really means a lot to me. Will try to pass it on whenever I see some good posts.
EDIT: Right after I posted that another donation came in...100mBTC this time. I don't know who you are, but you're awesome man.
Like I said I'll pass it on.
51.
Post 2029700 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
I admire your bot, Richie!
Now, there's something I wouldn't mind being told more often.
What bot we are talking about?
That 3D wall bot that's posting the wall picture every hour or so.
52.
Post 2029898 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
If BTC was at $300k by the end of this year then that would make most people in this thread instant millionaires. If I had to guess which price Bitcoin is at by the end of the year I'd say...
Let's just take the 1.6% daily growth we had before the April 10th. crash, throw them in Excel and see what it says...
$3000...still pretty damn high for my imagination to cope with though.
53.
Post 2030071 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
I think your problem is that you realize 100 million new facebook users in 3 months is quick adoption, but refuse to do the math concerning what the same number of users of Bitcoin in the same timeframe irrefutably means to USD/BTC rate.
I don't know why you believe Bitcoin is going to be used by 1 billion people by the end of the year. That's simply not going to happen. Things like Facebook grow quickly because they're easy to use and people tell their friends about it etc. - Essentially everyone can go ahead and make a Facebook account. It's free, can be done in a few seconds.
Take Paypal for example:
NOVEMBER 2001
In a brief two years, PayPal has emerged as the most successful new
payment service provider on the Internet. Growing at a rate of 18,000
new accounts per day atop a base of 10 million registered users, PayPal,
more than any other service, is shaping how the online community thinks
about consumer payments. While the traditional financial services
industry looks on—partly in contempt, partly in awe—PayPal continues to
bear down: focusing on customer needs, methodically expanding its
service, and steering toward profitability.
This research report examines PayPal’s clear market success to
determine what lessons can be taken away by others in the financial
services industry. After describing how the service has evolved into a
point-to-point payment service, it looks at the company’s customer value
proposition, innovative marketing approach, and overall positioning in the
payments industry. The report concludes by distilling the lessons learned
from PayPal into six simple rules for developing new payment services.
That's 18,000 accounts per day, roughly 6.5 million per year. I know that's 2001, 12 years ago before the internet really started catching on. However my previous point still stands: Creating a Paypal account can be done in under a minute. Getting into Bitcoin is much much harder. When I first started I had to read up on a TON of things, then I had to somehow get my money into one of the exchanges. After a few days of fiddling around I finally managed to get some €'s into Bitstamp via a SEPA transaction.
Right now Bitcoin does not appeal to the general masses of regular consumers. If you want it to you need to make it MUCH easier to get Bitcoins and get to know about them.
54.
Post 2031015 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Agree, you'r buying instinct is state of the art. Those 700 bought at 134 day before 40% crash is the move of the Master tactician
It was irresistible, goat sold to me at 3% discount to Gox!!
At the time of the deal the terms were in your favour (if we skip over the no-escrow part). Goat admitted to making a slightly unprofitable deal to see whether you could actually cough up $92k. That the market went significantly south after that is just bad luck (and unimportant in the long run).
At that time I did not fully buy back. I could buy back in full now and be better off. I just assumed we were going up, silly me.
However I'm not going to buy back all now, I want lows 70s!!!
FWIW $80 was the low for a long-time, maybe forever.
$115 is Fair Value for Bitcoin NOW.sqrt (Peak $266 / Low $50) = 2.31
sqrt (Retrace peak $166.4 / Retrace low $79) = 1.45
$266 / 2.31 = $115.2
$166 / 1.45 = $114.5
$79 * 1.45 = $114.5
$50 * 2.31 = $115.2
Expect Bitcoin fx rate to oscillate with a median value of $115 for some time, at least until next major news-fed feeding frenzy!
Can someone explain this magic to me?
55.
Post 2031761 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
What the crap is going on now...
Hours of nothing-ness and then a sudden surge upwards. Sounds like suicide to me.
56.
Post 2034344 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Does this mean anything or am I seeing things because I didn't sleep enough?
Triangle should close around 2PM GMT, or in about 2 and a half hours.
57.
Post 2034437 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
what a pointless thread.
Noone's forcing you to stay.
58.
Post 2034878 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
The sudden rise just now breached the triangle I posted earlier. 1min + lag on Gox right now.
59.
Post 2036954 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
I believe whoever had the wall at 100 just moved it forward to $110 to drive the price up even further.
60.
Post 2037178 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
I'm just really unsure on what should be my next move right now. Thinking of putting 50% fiat in at ~$110, then when it goes down I can still put the rest in. However I would really like going all in when it goes to $80 again...
Decisions decisions decisions...
61.
Post 2039469 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
I'd prefer it if they nudge the 120 wall first... I need to sell before I can buy.
I think that whoever is putting the wall at $110 is trying to get the price up to $120-$125 so he can get rid of the last dump of coins he bought at a higher price before the value started going down. We should see some movement as soon as we get to a new high point. ($120 or $125 or whatever it might be) - As the price rises to ~$119 he is going to move the wall from $110 to $115 in order to put even more buying pressure on the market, so that he can get the price over his desired value.
62.
Post 2039549 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
I'd prefer it if they nudge the 120 wall first... I need to sell before I can buy.
I think that whoever is putting the wall at $110 is trying to get the price up to $120-$125 so he can get rid of the last dump of coins he bought at a higher price before the value started going down. We should see some movement as soon as we get to a new high point. ($120 or $125 or whatever it might be) - As the price rises to ~$119 he is going to move the wall from $110 to $115 in order to put even more buying pressure on the market, so that he can get the price over his desired value.
It's not going to make it that far, though. People are becoming wise to the plan.
The guy is probably going to get impatient soon if he's been waiting for the price to hit $120 all day long. He might dump his coins at $117 already.
Btw. 2 and a half minutes of Goxic lag right now.
63.
Post 2046114 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Looks like I was wrong about $120 and $125...or did someone actually dump a lot of coins around that price?
(I've been asleep, good morning)
64.
Post 2050646 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
This is the first time I've ever been a real bear before. I just sold all my remaining Bitcoins. Still predicting a drop for tommorow.
Being a bear is actually quite crappy, being bullish is much more fun.
65.
Post 2050754 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Does anybody know if the May 5th. value is accurate? It's showing up as 0.
66.
Post 2050798 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
Does anybody know if the May 5th. value is accurate? It's showing up as 0.
As far as I can tell, the latest one is always 0.
Ah okay. That makes sense then. Was wondering why the searches suddenly dropped down to 0 on Google Trends...
But on that chart you can pretty clearly see that China didn't have that big of an impact. Otherwise you would see it in the searches I presume? Although I'm not sure wether Google in blocked/censored in China.
67.
Post 2051144 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
rpietila did you do...something just now? Prices are dropping.
68.
Post 2051902 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.56h):
And so it begins.
When today's buyers see the low of tommorow:
69.
Post 2060868 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
This lag is so getting on my fucking nerves. Fix your shit Mt.Gox
70.
Post 2062228 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Nope nope nope nope nope. Not believing in it. Sold.
71.
Post 2062280 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Nope nope nope nope nope. Not believing in it. Sold.
It certainly appears a pump with an artificial support of several 1k around 106. Our 1k's mover guy has turned bull!
This whole thing was only pumped this far because that dude keeps putting up his wanna-be walls to scare people. This is not the real price, this is the fake price.
72.
Post 2063402 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Let's get back on topic maybe?
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Oh that one is absolutely beautiful. Wish I had known about this earlier...
73.
Post 2063443 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Let's get back on topic maybe?
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Oh that one is absolutely beautiful. Wish I had known about this earlier...
That is a really scary triangle. We could go to seventh heaven or seventh he'll.
The 11th. day of May shall be known as Bitcoin Doomsday from now on.
74.
Post 2064683 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Hold 110. For the love of god please please hold.
75.
Post 2074485 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Anyone buying now has some big brass balls I tell ya'.
76.
Post 2077266 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Gentlemen, brace yourselves.
It's closing on the 11th. isn't it?
77.
Post 2077329 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
I'm still thinking it's going to be a very very heavy sell off. I don't know man, just got this tickling feeling in my tummy.
78.
Post 2077501 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
I'm still thinking it's going to be a very very heavy sell off. I don't know man, just got this tickling feeling in my tummy.
I hope you're right. I've got bid orders at the ready. If you're wrong, I'll just have to make a student loan payment.
I'm thinking it's going to be much more severe than many others here think though. People are looking at $80-$90, I actually got orders set at $40-$60.
I could very well be wrong though, no guarantees.
79.
Post 2078820 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Anyone care to make a Coinageddon countdown timer?
I made one based on this chart.
http://i.imgur.com/puQbjNs.pnghttp://www.timeanddate.com/countdown/generic?iso=20130511T20&p0=37&msg=Bitcoin+post-crash+triangle+closingI set it to 7PM GMT, not sure how accurate that's going to be. If someone can find out a more exact time that'd be great. It's surely gonna happen in the evening of the 11th. (If it doesnt break out prior to that)
80.
Post 2089825 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
*yawns*
81.
Post 2091787 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Well according to our fellow triangle of doom, the price is actually supposed to stabilize now.
Should stay within $100-$115 and tommorow within $100-$110.
82.
Post 2097284 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
The 1 thing that I didn't want to happen actually ended up happening. We broke out upwards. I have been wrong all along with my predictions and I feel like a complete coward. No $60 coins.
Anyways, BULL-mode is ON! Let's get them coins going real good!
83.
Post 2098053 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.57h):
Alright I'm in. 50/50 though.
Let's take down $120..YES! Being a bull is so awesome. I feel so alive. Hasta la Bitcoin, Baby.
84.
Post 2100878 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.58h):
My gut is screaming bull trap
My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.
Getting mixed signals here.
85.
Post 2101742 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.58h):
how big was the large buy at 0930 GMT that seems to have started this "break out"?
About 500k.
500k what??!
I'm guessing USD. If that was
BTC then that would have triggered an explosion that would have blown out all the windows in Japan.
86.
Post 2103645 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.58h):
Cyprus thing is a joke. That was just speculative mania. I will ask you something: have you invested significant money in Bitcoin? If the answer is yes, how long did it take from the first moment you heard about it?
Again: entering into Bitcoin is a lengthy process - first you have to understand, not only what is Bitcoin but also how to keep your bitcoins safe. Then you have to find out how to buy them, and then you slowly start pouring money, just a little a the beginning.
That's everybody's process. When it will come the day that the average citizen will have the understanding and the means to quickly throw a lot of fiat into Bitcoin after the kind of news we had in March, then.... Well, you cannot imagine the kind of huge motherfucking bubbles we are going to see.
This is what I was thinking aswell. I was actually thinking about doing a startup, a website where you can only buy Bitcoins. That's it, nothing else. Make it work INSTANTLY without any delays whatsoever, with common payment methods including Paypal (I think people can't put money in BTC's because Paypal is mostly unavailable, thats the problem I had when I first started) - Right now getting Bitcoins is a very long process that can take weeks if you take the Mt.Gox verification into account. On that website I could sell Bitcoins instantly, but maybe at a higher price than the current market situation [+5%] so I still make a profit.
I thought about maybe making a kickstarter for it or something similar but I don't know...
87.
Post 2106083 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.58h):
Nothing much happening, guess it's that pre-weekend vibe.
Good night everyone...
88.
Post 2111515 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.58h):
I'm actually quite fine with the price being stable around 115-120, now you can finally actually pay for things using Bitcoin without worrying about the price fluctuating so much. Yesterday I paid for the Humble Bundle using Bitcoin, then I bought coffee and now I was just about to re-new my server subscription and what do I see?
It's....it's beautiful!
89.
Post 2144646 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.58h):
I have no idea what to do so I just bought in at 50/50. If it goes up, then great. If it goes down then great too I guess...
90.
Post 2144843 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.58h):
any comments on the extremely thin bids on bitstamp?
I moved some coins there to sell to get some fiat out, as gox sounds like a long wait and expensive to get money back to UK.
Now I'm watching, waiting and pondering whether to use to buy more... but bitstamp looks a lot less solid than gox. Is that because a lot of Europeans are doing what I did?
Even if Bitstamp looks worse than Gox, it will more than likely follow whatever direction Gox goes. Haven't seen it more than $5 apart in the past few weeks.
91.
Post 2159010 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
I don't know why everyone is hoping for a DDOS. That's only going to hurt Bitcoins reputation even more, so nobody will take it seriously anymore. It's gonna hurt Bitcoins value in the long run...
92.
Post 2159980 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
With all this bad news and lag surrounding MtGox, why haven't people been leaving? Is it fear of lower liquidity? Chicken-or-egg problem? Catch-22? (all the same thing I believe)
It may be the fact that people have a lot of faith in Bitcoin. And since Mt.Gox can't pay out $'s at the moment they are just holding on to their
BTC instead.
93.
Post 2160101 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
It may be the fact that people have a lot of faith in Bitcoin. And since Mt.Gox can't pay out $'s at the moment they are just holding on to their BTC instead.
It's hard to tell what's going on now since most people can't even get the site to load, but I converted the dollars I had on Gox to BTC and moved them off this morning. I really don't think anything major will come of this Dwolla situation but this morning it was all kinda muddy and I feel better with it in Armory for now.
Move it to Bitstamp. Way nicer interface anyways.
94.
Post 2160169 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
How the hell am I supposed to sleep tonight...
Hope Gox gets back soon so I can make a decision...
95.
Post 2160192 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
Just saw the huge spike to $116, seems like Gox is back for now. Bought instantly on Bitstamp @ $108 - Quickness is gonna pay off
96.
Post 2181916 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
That buy wall gotta be fake...attempt to push it over 120.
I got my finger on the trigger though, as soon as I see 120.01 I'll buy the hell outta Bitstamp.
97.
Post 2181960 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
Cmon...Push it!!!!
Just a little harder.
98.
Post 2182082 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
We are now officially out of the downwards trend of the last few days. Bought at Bitstamp for 115 instantly. This is gonna be good.
99.
Post 2182479 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
It seems like Bitstamp clearly doesn't give a shit right about now...
100.
Post 2202873 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_10.59h):
it was also mentioned.. that google trends folows the price .. not the other way around
It would make more sense for it to do that I think. News sites posting articles like "Bitcoin reaches new ATH" is getting more people interested in Bitcoin.
101.
Post 2257595 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
we are now over 130, i am no longer going to wait to get my under $70 coins.
chooo chooo mother fucker
Same here. Bought.
Wish I had bought sooner though, I should stop being so pessimistic all the time.
102.
Post 2257818 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
Watching this thing attempt to go over 132 is like watching the birth of a baby.
PUUUUSH! Cmon' PUUUUUUUUUUUUUUUSSSSHHHHHHH!!!!
103.
Post 2258286 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
I'm thinking of switching from Bitstamp to Mt.Gox. It's kinda annoying that Bitstamp just doesn't seem to want to go up together with Mt.Gox. I feel there are a lot more trading opportunities on Gox. :/
104.
Post 2258575 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
Sudden surge above 132. 132.9 to be exact.
105.
Post 2258718 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
It's going up a bit too fast for my liking...
Also what is AM? I know LTC but AM?
106.
Post 2258737 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
AM = AsicMiner shares I think.
Oh...yes that would make sense.
107.
Post 2258995 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.
108.
Post 2259070 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.
Cause a lot of ppl are worried about all of gox's assets getting frozen and price increases there being panic buying to transfer off.
There's definitely tension in the air. Lots of panic selling as soon as there's even a slight downturn on Gox...
109.
Post 2259119 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.
Cause a lot of ppl are worried about all of gox's assets getting frozen and price increases there being panic buying to transfer off.
There's definitely tension in the air. Lots of panic selling as soon as there's even a slight downturn on Gox...
Not on Gox there isn't
Yeah I only meant Bitstamp.
110.
Post 2259694 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
Sold @129.5 on Bitstamp. Knew something was not right here.
111.
Post 2259813 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
Sold @129.5 on Bitstamp. Knew something was not right here.
sold at a loss?
1.5% win, not much but I'm glad I'm out for now.
112.
Post 2259839 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
What on earth is wrong with Gox today? Bitcoinity is showing 10000m++ of lag every few minutes.
113.
Post 2288755 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
$130 again, da fuq is going on?
Bought at $120.5 at Bitstamp, well that was a quick buck
114.
Post 2298070 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.00h):
It's boring now so which channel can I watch paint dry?
Not quite what you were looking for, but just as interesting.
http://www.watching-grass-grow.com/
115.
Post 2420687 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.03h):
Waking up to a price of $90 is not nice, what the fuck guys?
I'm losing faith over here.
116.
Post 2420897 (copy this link) (by KillaMarci) (scraped on 2020-04-04_Sat_11.03h):
Well I bought back in at $120 this time during that long week where nothing was happening. I thought it was kind of a bad idea but at the same time I thought holding fiat was pretty dangerous as well.
