All posts made by rdsc in Bitcointalk.org's Wall Observer thread
1.
Post 2400206 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.02h):
Coinotron has been down for the last 20 mins - would that do it?
2.
Post 2411537 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.03h):
Not a sophisticated comment as I've only been reading this thread for a week - but that so looks like a wave about to break..
3.
Post 2411677 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.03h):
4.
Post 2411795 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.03h):
seems a spike in trading activity (recently dictated by "mr manipulator") triggers conversation in the thread... gifs, wall pics, discussion on the motivation of the "whale's" intentions.... and then some train of thought seems to always stream into an off topic, general bitcoin debate. It's quite interesting some of the time, but sometimes quite infuriating to read through all the bitchy posts.
I miss Doug Tanner's on point wall pic posts and short term triangles... I guess when the major volatility stopped his bots stopped making as much profit and bitcoin trading became less interesting.
So will the wall hold beyond Monday? I think no.
5.
Post 2412176 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.03h):
Just zoom out and look at the big picture, guys. Really why are you interested in BTC? For the quick easy buck?
No, but we are in for the buck and that's got a lot more problematic from when you committed to BTC. So what are newbies to do?
I believe in BTC in the same way I believe in IP4 - the internet learned how to do "money" - big news, and I'm late to the game. Since only a lunatic would bet against the internet I'd like to put my money where my tech is, but just at the moment it's a suckers market - so beyond all the bulls and bears nonsense - how do we proceed?
I've clocked your buying advice and I'm following Goomboo and Slipperyslope because I'd like to be part of this without getting butt-fucked - but Bitcoin's got an insurmountable problem as a "freedom" protocol if the price for entry is pwnage.
6.
Post 2412528 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.03h):
7.
Post 2419624 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.03h):
Just zoom out and look at the big picture, guys. Really why are you interested in BTC? For the quick easy buck?
No, but we are in for the buck and that's got a lot more problematic from when you committed to BTC. So what are newbies to do?
I believe in BTC in the same way I believe in IP4 - the internet learned how to do "money" - big news, and I'm late to the game. Since only a lunatic would bet against the internet I'd like to put my money where my tech is, but just at the moment it's a suckers market - so beyond all the bulls and bears nonsense - how do we proceed?
I've clocked your buying advice and I'm following Goomboo and Slipperyslope because I'd like to be part of this without getting butt-fucked - but Bitcoin's got an insurmountable problem as a "freedom" protocol if the price for entry is pwnage.
And enter gradually. I'm doing that for a couple of friends, waiting and then I will spread the buys among different prices.
Pwnage is what the guys that cashed out for good during or after the 2011 bubble got.
Thanks
8.
Post 2444995 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Is this a Goomboo Bot Spike?
http://s22.postimg.org/gnchg2kgx/Screen_Shot014.jpgThis was the 10/21 crossover early on June 10 - I missed it because I was asleep but it seems to be holding
9.
Post 2445127 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
the spike made the crossover, the crossover did not make the spike.
[/quote]
Good point - really hard to tell without a higher resolution. So you think it was a single big buy?
10.
Post 2445180 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
This was the 10/21 crossover early on June 10 - I missed it because I was asleep but it seems to be holding
[/quote]
Correct, little grasshopper
[/quote]
Ah so, Mr Po. For now, I am cultivating patience.
11.
Post 2445418 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Good point - really hard to tell without a higher resolution. So you think it was a single big buy?
[/quote]
I was awake when it happened and described it in detail here:
https://bitcointalk.org/index.php?topic=231934.0[/quote]
I dunno - I'm going to stick with Occams Razor - the simplest explanation is often closest to the truth. The simplest explanation in this context is that enough people may be following Goomboo's 10/21 rule to move the market a bit.
12.
Post 2448756 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
But it was two buys (400+5000) which pushed us to 110. Not "people following goomboo"
EDIT: well well well
EDIT2: It looks like one sell is executed - like 700BTC, which causes -3USD slippage, and then soon after price is corrected to +3 via a 170BTC buy. Nice way of dumping coins.
It was a 27K spike?
13.
Post 2448804 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
This was the 10/21 crossover early on June 10 - I missed it because I was asleep but it seems to be holding
[/quote]
the spike made the crossover, the crossover did not make the spike.
[/quote]
Aha! - Got it
http://s1.postimg.org/5n2400mhr/Screen_Shot015.jpg
14.
Post 2454339 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
15.
Post 2456423 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
16.
Post 2456510 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
The caring bear ... how cute
Well we're all in this together!
17.
Post 2456613 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
TA is for day traders looking to find a way to "scrap pennies"
you need to take a step back and look at what has happened, and what you think will happen(and i don't mean price action...), and how that will affect bitcoins price.
draw triangle all you want, if max keiser runs out of blow, we're going up!
I wouldn't consider it pennies but what's the point of coming to this thread or watching markets at all, if you're not day trading? Might as well just get a cold wallet, and check in every year or so.
SATAN!!
http://s24.postimg.org/n7dxntoh1/Screen_Shot016.jpg
18.
Post 2456731 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
... we need the small fish as bait.
Not quite selling it to me there...
19.
Post 2456820 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Funny thing is, many of the people who deride TA here will quite happily make statements such as
'sideways consolidation usually leads to a breakout and rally in Bitcoin as people realise its not going to go down and buy in'
or 'it's coiling up like a spring and the pressure is building'
or 'there's no volume ... I don't trust it'
That is TA
Just expressed in a slightly different language ...
Or to put it another way, that is the emotion behind the price action that forms the patterns that we see repeat again and again on different levels
So does "the Bear is pushing the Bull down to the bottom of the hill because he's got a poorly leg" count as TA?
20.
Post 2456893 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
... we need the small fish as bait.
Not quite selling it to me there...
Inorder for a VC to adopt BTC, they must have a reason. Now the incentive is not that big.
If 'everyone' accepts BTC then VC will follow. We need a broader audience.
However the reverse is also true. if VC accept BTC then the small fish will follow as well.
For me it's not doable to convince large VC to use BTC I don't know the right CEO's however small/medium businesses are a lot easier to convince/approach. creating a bigger user base.
Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life. I couldn't give a fuck about VC or CEO interest.
21.
Post 2456964 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
So does "the Bear is pushing the Bull down to the bottom of the hill because he's got a poorly leg" count as TA?
I thought he was about to push him off a cliff
Nope - take him gently to the bottom of the cliff so he can get his strength back for the charge upward. Up! Up! Up!
22.
Post 2457103 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
... we need the small fish as bait.
Not quite selling it to me there...
Inorder for a VC to adopt BTC, they must have a reason. Now the incentive is not that big.
If 'everyone' accepts BTC then VC will follow. We need a broader audience.
However the reverse is also true. if VC accept BTC then the small fish will follow as well.
For me it's not doable to convince large VC to use BTC I don't know the right CEO's however small/medium businesses are a lot easier to convince/approach. creating a bigger user base.
Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life. I couldn't give a fuck about VC or CEO interest.
Neither was it created specifically to improve YOURS. However wider adoption is good for BTC = good for me. VC's money is as good as any ones.
Unless your saying you don't want your coins having high value that makes your life easier, I don't understand. Market cap increase is 'up,up,up' VC's have big money and that helps all of us.
Me personally - I want BTC to "work" and I don't want it to lose me money. That's it. Obviously this is a speculation thread so most people want to make gains, but not necessarily at the cost of the little people, "bait" as you so tactfully put it. I think a lot of people on here are hoping that we can make gains at the cost of the Big People. That's the point.
23.
Post 2457230 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Sure - but BTC wasn't created so that Big Fish with lots of money could have a better life. I couldn't give a fuck about VC or CEO interest.
Alright, gangsta. You're missing the point. Venture capitalists are the people that have and are going to continue to invest in startup companies centered around the use of Bitcoin. This means, new exchanges (hopefully better than Mt. Gox), companies that make it easy for the computer illiterate to purchase bitcoin, easier ways to pay for things with BTC, etc... If you buy BTC you definitely should give a fuck about VC interest. Not sure what you mean about CEO interest though. VC interest will provide the infrastructure for bitcoin to gain widespread adoption and use. This helps their value.
I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.
24.
Post 2457364 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.
You are, quite simply, stupid. Thanks for providing fuel for my evening workout.
Of course - Satoshi invented BTC so bloated Venture Capitalists could raise there blood pressure while they're sweating off the days losses in the gym.
Time to ignore.
25.
Post 2457407 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
I'm no gangsta, I just don't think BTC was started to provide VC's with a new way of getting rich. I don't agree that adoption needs VC input - it works because it works - that can be it's strength in exactly the same way that Linux didn't need VC input to thrive and survive. You want corporate money? Go Ripple.
Although I think Ripple will fail, It makes BTC stronger. more adoption
Who do think developed linux? without VC we would be missing out on some nice stuff as they heavily invested in it to make further development possible.
I have no problem with you flaming at me but please think before making stupid statements. And no I don't want to go in a discussion regarding linux
Jeez - I'm not flaming you I'm disagreeing with you - if you don't get the open source roots of BTC and why that's relevant that's fine, but it's not just a dispute on this thread, it's a core dispute in the whole technical world. I'll stay off your threads.
26.
Post 2467205 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
It's just lo-fi pattern recognition, but every time things have flattened out like this in the last 3 weeks we've dropped - this is tracking Goomboos 10/21
http://s11.postimg.org/d8aicwl83/Screen_Shot017.jpgLooking forward to the weekend
27.
Post 2467513 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
some tried to swim with the big fishie on the 7th, but he played on the 9th... so yeah, maybe Sunday this time, unless... not
My take is that I think the Whales know they're running out of time - not just because of difficulty and the Asics, but because of China. Obviously I know that the chips are made in China - but the market was made in the West - if adoption picks up in China then a lot of people with a different attitude to the dollar (and less "play" money) may start to discipline the exchanges. Just guessing
28.
Post 2467676 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Interesting, there is a bidwall of 3000 on Gox at 105.
And a mini one on Bitstamp still of 700 or so.
I think that's called wishful thinking.
29.
Post 2468716 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Interesting, there is a bidwall of 3000 on Gox at 105.
And a mini one on Bitstamp still of 700 or so.
I think that's called wishful thinking.
Huh?
http://mtgoxlive.com/ordersJust meant that they'd be lucky to get 105 - did they get eaten or just evaporate? Missed all the excitement
30.
Post 2481417 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Super weird. I snagged 5 BTC at 95.19 on Bitstamp this morning - when the price doesn't appear to have dipped that low? Anyone ever seen this?
http://s11.postimg.org/nky1h48hv/Bitbuy2.jpgGreat - I'm in before the Bitcoin Apocalypse
31.
Post 2481508 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.04h):
Super weird. I snagged 5 BTC at 95.19 on Bitstamp this morning - when the price doesn't appear to have dipped that low? Anyone ever seen this?
http://s11.postimg.org/nky1h48hv/Bitbuy2.jpgGreat - I'm in before the Bitcoin Apocalypse
It dropped to 95 very shortly on Bitstamp about 12 hours ago. Consider yourself lucky.
Cheers - wasn't sure about the date stamp.
32.
Post 2507589 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.05h):
Yeah, thanks BitPirate thats a really hand site
+1
You can view in Google Tranlsate as well
http://bit.ly/19MkEKk
33.
Post 2529158 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.06h):
34.
Post 2536938 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.06h):
Wow... Bitstamp in free fall.
Now, when will MtGox follow?
Yep - I just had bids taken at 95.18 and 90.19 - wtf, I wasn't expecting that to happen to day
35.
Post 2536977 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.06h):
Back down to 90 on Bitstamp - what is going on? This is the order book:
http://s10.postimg.org/rnrysi1wp/orderbook.png
36.
Post 2537057 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.06h):
LOL!
In other words, if you were expecting to sell bitcoins there...
Just sold my $95.18 back in at $99.16 - $95 is too expensive.
37.
Post 2558641 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.06h):
can someone explain why they should be a money transmitter? I would guess it's this bit - "engage as a business in
facilitating the transfer of money domestically or internationally outside of the conventional financial institutions system"
38.
Post 2558961 (copy this link) (by rdsc) (scraped on 2020-04-04_Sat_11.06h):
But there is any specific reasons of why they are "transmitting money" in the document? Can't read it all now.
No, there is no specific allegation in the document, just a general admonishment against violating the statute. California clearly has their wires crossed because, even under the most expansive interpretation of the law, the foundation is not a money transmitter.
They cannot be a money transmitter simply for advocating for Bitcoin as there are first amendment issues preventing regulation of that type of speech.
If the definition "facilitating the the transfer of money domestically or internationally outside of the conventional financial institutions system" is sufficient for them to build a case, then I think this is a serious challenge. Funding the infrastructure and developing the code-base has to meet a definition of "facilitating" I would have thought.
