All posts made by fallinglantern in Bitcointalk.org's Wall Observer thread
1.
Post 2533186 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.06h):
Here is a pattern I've observed so far:
Anytime mining difficulty goes down, if a person were to buy BTC right when difficulty is headed back up again, they'd make a healthy return. Blockchained is showing a predicted drop in difficulty for the next round, so we should be real bullish in about 3.5 weeks or so assuming that pattern continues.
2.
Post 3495581 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.20h):
3.
Post 3511590 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.21h):
It's going down.
And it's not stopping....
4.
Post 3628657 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.24h):
A gain is a gain no matter what. If you make a gain on BTC and then buy a computer with said BTC, you still pay capital gains.
It's worse than that. Long term capital gains have a preferred tax treatment over regular income or barter transactions. So, you're best off liquidating BTC on an exchange and then using fiat to buy goods.
5.
Post 3665412 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.27h):
The exchanges are incurable. Do I really need to do
this?
The issue is ultimately systemic in this stage of the game. Most websites would be foolish to dump hardware to handle the rare bubble spikes that happen. Steady state load compared to bubble load is probably a tenth or less. It's a waste of capital to buy hardware in anticipation that you may saturate it 6 months from now. If you go the scalable cloud computing route (not recommended if you're handling people's money IMO), then you're looking at $7/hr for VMs that don't suck (comparable to a dedicated server, such as AWS m1.xlarge) or $5000/month. This is to say nothing of the more exotic hardware that the big guys like gox are using (violin SSD arrays and so on).
All that said, adoption will drive exchange infrastructure growth which, IMO, has already happened since just April. Gox croaking for a couple hours the other day with the recycled whale order didn't tank the price as stamp, btc-e, and btcchina kept going without even a yawn.
6.
Post 3853764 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.33h):
There be whales singing here.
7.
Post 4264437 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.49h):
I too am a bull, but I find it really hard to trust a model that ignores the 2011 bubble. Much as I'd love for that to be the case, it seems improbable.
8.
Post 4711741 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.58h):
wqho buys GPUs to mine BTC? Also these AMD cards are crazy high? They are like $200 than the ones I bought in Nov and that was when the cards where new.
It's hard for me to buying something if its 50% mark up :/
All these GPUs are mining altcoins. Nobody is dumb enough to mine BTC directly with a GPU. The people with half a brain are using pools that automatically pick coins and (optionally) convert them directly to BTC. The R9 270s are still reasonably priced and you can get a 1.3MH/s rig built for $1000 which will ROI in 66 days.
9.
Post 4738265 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_11.59h):
10.
Post 5146493 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.09h):
my bull call in oct. was 1k in June the soonest, mind was blown.
This. The runup last fall was nothing short of astounding and WAY ahead of trend. Gox just bounced off the trendline on blockchained.com which was actually quite impressive to behold. It makes for good popcorn eating, if nothing else.
11.
Post 5533856 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.24h):
So.. hodlers, share your feelings. Getting nervious?
Been hodling since 2011. This is nothing.
12.
Post 6159284 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.35h):
So what happened to the 400 wall last night? Pulled or eaten?
eaten. a few thousand BTC sold at once. It was kindof impressive.
13.
Post 6166047 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.36h):
here we go
I can feel it coming
I feel it as well. The bounce off 339 to 374 is pretty strong.
14.
Post 6838152 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.45h):
To the asteroid belt!
15.
Post 6972791 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.47h):
however TCP/IP, HTTP, FTP, etc are all still around. Those are the protocols.
Yes, but how often are you using gopher to read books, archie to find files, or do you finger your best friend to find out the latest happenings? For every legacy protocol still in use, there's just as many that are obsolete.
16.
Post 7076821 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.49h):
17.
Post 7548980 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.55h):
Did you look at the two photos? Those aren't even the same person. First name and Last name cannot be used as a primary key for identifying people
18.
Post 7606258 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.56h):
19.
Post 7798212 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_12.58h):
20.
Post 7962623 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.00h):
697BTC buy wall at 622.71 on Stamp.
Interesting. Let's see if it gets eaten.
21.
Post 7996309 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.00h):
its happening.
What, exactly, is happening?
22.
Post 8067938 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.01h):
Nice wall. We're not going down enough for someone
so, time to buy then?
edit: wow and just like that, it got pulled. obvious manipulation is obvious.
23.
Post 8122812 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.02h):
I don't believe it was even possible to have lost 1 BTC in 6 trades.
maybe with 10:1 leverage?
24.
Post 8122833 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.02h):
Okee dokee, now we have our triple bottom!!! I wonder what else is in store!
I think, technically, the price has to lift above the resistance at the top of the three bounces ($640ish) for it to be a confirmed triple bottom. I am encouraged none-the-less.
25.
Post 8238410 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.03h):
wonder if this is a payday rally. i get my payday via ACH tonight, most by Friday morning.
ah, but funding to exchanges isn't instantaneous. I'm still waiting for fiat to arrive at the exchange.
26.
Post 8304591 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.04h):
Sorry guys. I bought coins today. Didn't mean to make the price drop on ya.
27.
Post 8330735 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.04h):
do NOT sell, this is a trap!
FTFY
28.
Post 8331269 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.04h):
Why, just yesterday Bitcoin was a thriving protocol with a rosy future. Today it's officially done, failed, kaput, on its way to oblivion.
29.
Post 8358081 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.05h):
What?
See:
https://en.wikipedia.org/wiki/Combining_diacritical_marktl;dr: In Unicode, diacritics are always added after the main character, so it is possible to add several diacritics to the same character
30.
Post 8358847 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.05h):
SHOULD I BUY 1.5BTC right now for $845?
(BTW im in the uk and the price is £338/btc)
Only if you aren't already AML/KYC'd at an exchange. That's a pretty hefty commission.
31.
Post 8358881 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.05h):
if you have courage you will wait and hope to support lower prices.
i was a coward and went all in.
such shame
Why not buy now AND later? Honestly, I just keep throwing the same amount of fiat at BTC every month without concern for timing the market.
32.
Post 8367290 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.05h):
market sell of 1600 coins just now. jesus.
33.
Post 8367724 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.05h):
is crypto done?
is that capitulation I hear? Naw, nobody's mentioned suicide hotlines on this thread lately.
34.
Post 8444596 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.07h):
35.
Post 8455544 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.07h):
We're now back at $510, that was quite some small bear trap, ha. Load up the trains, people!
Best parody account name, ever. Dare I say, better than walsoraj?
36.
Post 8456141 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.07h):
Holy shit falling. You've already posted the same chart in 10 different threads do you have to post it multiple times on the same page as well?
^^^^ this.
37.
Post 8461790 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.07h):
buying back in~!
clearly i've lost my marbles
You weren't all in before?
38.
Post 8462736 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.07h):
Lots of volume on huobi today.
39.
Post 8518257 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.08h):
40.
Post 9096782 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.20h):
Hungry hungry hippos!
41.
Post 9133561 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.21h):
42.
Post 9139982 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.22h):
dat wall.. on the bid side!
43.
Post 9141923 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.22h):
44.
Post 9142291 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.22h):
my apologies guys, I bought another BTC. time for the price to tank.
45.
Post 9148667 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.22h):
now summoning the bullwhale?
46.
Post 9170060 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.23h):
testing the wall now
47.
Post 9170160 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.23h):
where are the dumpers now? Its your chance for no slippage
plot twist: the bearwhales are the ones making the bidwalls.
48.
Post 9179824 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.23h):
Green weekly candle: CONFIRMED
Not only that but we have a crossover on the KDJ indicator for the 1 week period. Bullish!
49.
Post 9200237 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.24h):
50.
Post 9213678 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.24h):
Must feel awful to have money in the stock market this month. Value plummeting every single day. But...
bitcoin users not affected!
I cut my "loose" and sold everything in my retirement account yesterday. Feels good man.
51.
Post 9217507 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.24h):
just sent more fiat to the exchange. prepare for the drop!
52.
Post 9221604 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.24h):
Sorry guys. I bought more coins last night. Obviously, that means they need to "loose" 10% value immediately.
53.
Post 9750959 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.37h):
I ask myself that about once a week when I read this forum while taking a dump. My only conclusion is that they're talking their books (obvious short).
Why do people rack up thousands of posts on a forum for something they....
1.) Don't think will succeed
2.) Don't seem to really enjoy
I don't get it.
54.
Post 10072776 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.45h):
Where the trolls at?
The tulip bulb beanie babies are going fallllll to zero, better cut your loose!
Better?
55.
Post 10075886 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.45h):
Meh
Where does the neck end and the chin begin on Mr. Karpeles? The world may never know...
56.
Post 10133012 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.46h):
57.
Post 10133067 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.46h):
Don't stop believing:
https://www.youtube.com/watch?v=PBEXSiFzOfU&t=3m30sHooold on to that feeeeeeeeling!
58.
Post 10133154 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.46h):
Will beginning of 2015 be known as Bitcoin's 1929 crash for the aeons to come?
I actually LOLed reading this. Thanks for that.
59.
Post 10133177 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.46h):
Could a good TA expert tell us what the price is going to do?
I don't know, but the next few days are critical!
60.
Post 10133349 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.47h):
Good price to sell
61.
Post 10133402 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.47h):
Next for sale is Alana the Hula
BTCeanie
BTCaby. She retails for $9.99 USD... which means that she has risen in value over 1,000,000,000% since she was first created out of scraps in an Indonesian factory in 1996! Think of the potential! Any bidders?
I'll trade you one tulip bulb!
62.
Post 10133443 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.47h):
63.
Post 10133555 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.47h):
You can ruin the market, but Bitcoin can't die. Mining is still increasing. We just need a better market.
I'm fully convinced that it's leverage that's killing us right now. It's way too easy to be able to short after a bubble top. The truth is though, I'd never trust an exchange with any significant amount of coin. If you don't hold the keys, the coins don't belong to you.
64.
Post 10153526 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.48h):
LOL bitcoin is dead... but LOL ... so is litecoin and the super annoying dogecoin ...
What garbage coins
Why are you here?
65.
Post 10164401 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.49h):
The best time to plant a treebuy bitcoins was 206 years ago. The second best time is today.
66.
Post 10178368 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.50h):
67.
Post 10243365 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.52h):
68.
Post 10243405 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.52h):
"please dont leak this video"....
....
"leaked"...
He posted it on his twitter feed. It's fair game.
69.
Post 10268928 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_13.53h):
anyone find a live feed for the winklevii speaking at the ETF conference?
70.
Post 10595763 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.00h):
71.
Post 10720108 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.03h):
72.
Post 11326008 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.14h):
Not sure if this is any kind of indicator or not, but the quality of discussion on this forum seems to be coming back up. Maybe my ignore list is finally catching up
73.
Post 11338657 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.14h):
74.
Post 11361061 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.15h):
75.
Post 11798737 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.19h):
76.
Post 12805785 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.29h):
77.
Post 12862866 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.30h):
78.
Post 12876449 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.31h):
79.
Post 12877166 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.31h):
80.
Post 12877402 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.31h):
81.
Post 13095276 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.35h):
Dear foorish westerners,
Dissa chinaman here, preeze sell us all ur bitcoin. We want to buy all de cheap bitcoins before de halving so preeze help us and sell all your bitcoins to us very cheap preeze. We have one birrion Chinamans ready to trade our worthless papar cuwwency because or goverment wont stop printing and devarrauing our monez. Tank u wery much.
Sincewery,
Chinamans of China
82.
Post 13413056 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.39h):
Shockingly enough, not a troll and I 100% agree with you.
83.
Post 15169069 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
84.
Post 15169515 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
85.
Post 15169630 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
86.
Post 15169719 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
87.
Post 15180564 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
88.
Post 15181423 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
Bitfinex is almost empty after $680 might go full retard
$579 to $676 in a weekend is full retard.
89.
Post 15182324 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
The level of enthusiasm at the real peak of the real bubble will be when everybody and their mother in this forum are convinced they are geniuses, the media is frantically talking about magic internet money (making up stories about teenagers in their bedrooms becoming billionaires), people maxing out their credit cards and try to dump life savings into bitcoin*
If you read the words "new paradigm" in any sort of serious context, run to your nearest exchange and cash out in preparation for the inevitable drop.
90.
Post 15183544 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.52h):
91.
Post 16819752 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.58h):
92.
Post 16819832 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_14.58h):
Bitcoin is going up again, is it because of Trump?
Is it Trump or is it rage against the machine?
93.
Post 18815139 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.08h):
I believe breaking 1350 on stamp calls for:
94.
Post 19173749 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.10h):
2400 on bitstamp, eh? I guess this means Mt. Gox is solvent againt.
95.
Post 19184762 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.10h):
2500 on stamp. This calls for a train.
96.
Post 20270882 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.14h):
97.
Post 20270970 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.14h):
Now what?
In 352 blocks, any block that isn't segwit is rejected by BIP91 nodes.
98.
Post 21812264 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.20h):
Anyone has some correlation between price and difficulty at the ready?
They aren't directly correlated, but in the past couple years, the USD price per GH/s has not dropped much below 3E-07 USD/GH/s. Right now we're at 6.85E-07. Assuming price stays flat until the next difficulty jump, that would bring us to 5.8E-07. That's elevated, but within trend for April-July. Based on the historical floor of 3E-07, price shouldn't drop below $2340 USD.
99.
Post 23298131 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.24h):
wall at 6030 pulled.
100.
Post 23899743 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.25h):
(CAD)
101.
Post 27809554 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_15.37h):
Good day gentlemen. I would like to bring your attention to this novel and innovative chart that has surely never been seen before on this forum:
Do you think that, perhaps, it might have some relevance to our current situation?
102.
Post 51554416 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_16.52h):
103.
Post 52070753 (copy this link) (by fallinglantern) (scraped on 2020-04-04_Sat_16.58h):
Here's a neat chart I saw comparing the Yuan devaluation to BTCUSD
