All posts made by True Myth in Bitcointalk.org's Wall Observer thread
1.
Post 24404917 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
Significant dump this is, it’s not going to get much worse though, surely. I hope 6k stays strong.
Set up my last buying order at 6k. Hope you are right.
I'm thinking bottom (of this dip) will be closer to 5.6k. But, this is my first post so, what do I know? I also don't have those magical "optimism charts".
2.
Post 24435652 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
Bitcoin - Steep growth of value over a period of a couple years with many users all over the world. (People - It is a bubble about to pop!)
Bitcoin Cash - Goes from $300 to $2000 in a few days with barely any users at all. (People - Bitcoin Cash is the future!)
3.
Post 24459169 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
Significant dump this is, it’s not going to get much worse though, surely. I hope 6k stays strong.
Set up my last buying order at 6k. Hope you are right.
I'm thinking bottom (of this dip) will be closer to 5.6k. But, this is my first post so, what do I know? I also don't have those magical "optimism charts".
Not bad for a first post... We now return you to your regulary scheduled bitcoin.
4.
Post 24464545 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
That entire pdf is the biggest load of crap I've ever seen. It sounds like it was written by a 3rd grader. And there's a lot of "We the Management will manage things better for you" garbage rhetoric. So centralized management will decide what's best for the lowly masses. Got it.
We encourage change and will never tell you what you can not do... (seconds later) here is a list of things that you can not do...
The suggestion of making holders of Bcash tons of money is litered throughout the statement. (they must be pretty confident)
The statement also drives the point home on how professional they are/will be however, this is one of the most unprofesional things I've read in a long time with words like "shitsling" and "donkey balls"...
In summary, I've decided to sell all of my BTC and buy Bcash to have fun and make money... pretty simple decision... *sarcasm*
5.
Post 24478109 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
Can't wait until BTC pulls back up from this dip so, this thread can go back to Carolina memes and train videos...
6.
Post 24478653 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
Can't wait until BTC pulls back up from this dip so, this thread can go back to Carolina memes and train videos...
That's another very important human flaw. During war all people can think of is peace. But during peace nobody thinks about war. We should, because peace is always temporary, and the better we prepare for war the better chance of surviving.
That's some real Niccolò Machiavelli stuff right there...
7.
Post 24479038 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
Can't wait until BTC pulls back up from this dip so, this thread can go back to Carolina memes and train videos...
That's another very important human flaw. During war all people can think of is peace. But during peace nobody thinks about war. We should, because peace is always temporary, and the better we prepare for war the better chance of surviving.
That's some real Niccolò Machiavelli stuff right there...
Do you have a counterargument to it? I would like to hear it if so. Being wrong is the highlight of my day, because it's a chance to learn something new. Especially when I turn out to be wrong about a conclusion I don't like, such as in this case. So, if you have something to share?
I have no argument to pursue with you. I tried to bring a light hearted joke to this otherwise increasingly tense thread. Your follow up comment is literally a quote from Machiavelli which I pointed out.
I would agree with the underlying theme of your message which I interpret as not being too comfortable with your surroundings and be prepared for change. I would add that people should also strive to be adaptable on all levels of thier life. A person can not be prepared for everything but, an adaptable person will survive.
8.
Post 24481896 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.26h):
Had to go dark for a few days doing some international travel. Just arrived to Ho Chi Minh and checked in on the bitcoin shop on Bui Vien. They've got a 2 way bitcoin atm machine and a crypto counter buying and selling the top 15 or so. The limits were fairly decent per transaction , about 10k.
This is my game changer. No longer will I need to travel with stacks of cash, dodge or declare to customs.
Glad I missed the Wu-Ver-Wright FUD. Not expecting it to be over quite yet although I'm not even concerned about it. Go Bitcoin!
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This is what I am most excited about. Carrying stacks of cash from country to country is sketchy. I've had 4 different currencies on me at once before. Exchange rates and fees are often unreasonable. Crypto is going to make things so much easier. This post brought a shimmer of light to me in the otherwise dark weekend in the bitcoin world.
9.
Post 24539382 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.27h):
giggle
be serious man there's work to be done
Is this the adult equivalent of kids hiding things under their bed when they are told to clean up?
10.
Post 24592310 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.27h):
grow up?
why because im telling the truth and not a perma bull lols
BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform
just stop your nonsense!~ BCH is trollfest and we are here to make money and spread LOVE! :-D ===>BTC FTW!!!
who said anything about the real bitcoin bch ?
im just saying i heard big players are gonna dump btc tonight under $5k
Buy orders set. Thanks for the heads up...
11.
Post 24598868 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.27h):
grow up?
why because im telling the truth and not a perma bull lols
BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform
just stop your nonsense!~ BCH is trollfest and we are here to make money and spread LOVE! :-D ===>BTC FTW!!!
who said anything about the real bitcoin bch ?
im just saying i heard big players are gonna dump btc tonight under $5k
Buy orders set. Thanks for the heads up...
0 Buy orders fulfilled... I think you need to find better sources...
12.
Post 24645519 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.27h):
Breaking through the $7,300 wall now...
13.
Post 24711729 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.27h):
Anyone else look at the depth chart like its a massive battle and everytime it closes in on $8k that $8k wall is like...
14.
Post 24712149 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.27h):
You tricked me with that URL - was expecting this:
Haha sorry... I was posting from my tablet... although I must say that's the best pic I've seen of Donald...
15.
Post 24871324 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
looks like another jump up immanent
I know you meant imminent but either word works for Bitcoin!
thanks just need it to jump $100 to justify my comment
It's been awhile since we've recieved info from the "optimism chart".
16.
Post 24933273 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
Earlier today I pull up the charts to watch the candles for a few minutes and I happen to catch it exactly as it is shooting up to a new ATH.
Just before bed I decide to pull up the charts to watch the candles for a few minutes and catch it exactly as it is dropping.
Not sure what this means but... I'm sure it is a sign from the Bitcoin God.
17.
Post 24935381 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
Why the fuck would anyone hack a token like Tether?
damn good question. giggles maybe
I bet there is a sweet deal on some tether tokens right about now. Probably right around $31 million worth...
18.
Post 24987975 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
Bitcoin down to $8135. Is Bitcoin dying?
Bitcoin up to $8153. Is Bitcoin a bubble?
Bitcoin still $8153. Is Bitcoin getting stable?
Bitcoin $8081. Bitcoin is dead.
Will the real bitcoin please stand up?
19.
Post 25112146 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
Black Friday sale starting. Last chance before CME futures go on sale, sending the price into the stratosphere. Make every penny count.
So, I guess I'm not the only one secretly hoping for some massive FUD and dipping of Bitcoin in the next few days? I've got buy orders that have not been filled for too damn long now...
20.
Post 25114678 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
we should see $9k by NOV 30
That would be great as holding a Roller coaster is not easy !
who is pumping the BTRASH though?
43% of the volume was from Bithumb Korean exchange when I checked... that should give you a hint.
21.
Post 25115489 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
looks like we are in the right universe. the one where bitcoin goes mental
Am I having a deja vu?
I'm pretty sure I've seen this exact same post just a few days ago at best. C137?
C137 confirmed. Or maybe we are just a fork of C137... hard to tell with all the forking lately.
22.
Post 25224273 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
everybody and his great aunt gladys wants our coins. this is happening. smoke em if you got em
Put bitcoin on QVS or HSN for 10 minutes and the market would be owned by grandmothers with Alzheimers buying bitcoins for Christmas presents for little Johnny and Suzy.
23.
Post 25228828 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
Coinbase bout to hit 9k
Just have to get over that 300BTC wall at 9k.
24.
Post 25229137 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.28h):
Coinbase bout to hit 9k
Just have to get over that 300BTC wall at 9k.
$9,000 USD on GDAX.
25.
Post 25262670 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
GDAX is on a roll just blew past $9,400 USD with good momentum.
26.
Post 25262752 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
GDAX is on a roll just blew past $9,400 USD with good momentum.
In 2 hours today alone price has gone from 9k to almost 9.5k.
27.
Post 25283215 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Just bumped my buy orders up a bit. Seems like with this much momentum it isn't going to result in a massive dump like many are thinking. I could be wrong but... I'm in it long so, I prefer to get my buy orders filled rather than wait forever for BTC to drop down to $6k to get slightly more coin for my dollars.
28.
Post 25284024 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Anyone else thinking as time zones wake up and check out the momentum that they pull a chunk of those sell orders at the 10k wall? There is very little resistance after 10k on GDAX. Next stop... moon?
29.
Post 25284314 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Anyone else thinking as time zones wake up and check out the momentum that they pull a chunk of those sell orders at the 10k wall? There is very little resistance after 10k on GDAX. Next stop... moon?
I actually think we will have a slight pull back tomorrow AM. There's going to be some profit taking. Suspect that won't last more than a few days and then we will shoot to 11-12k.
Not this Monday. There’s a wall of new users coming post Thanksgiving.
You guys are all forgetting that bitcoin is just manipulated by tether and bitfx. They are probably even beaming subconscious radio signals across the world to make people create coinbase accounts... *sarcasm*
30.
Post 25327427 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
I took a lunch break today and thought maybe I'd look to the ancient Chinese Fortune Cookie Gods for direction.
Seems legit.
31.
Post 25345951 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
I'm not sleeping until 10k. No bowel movements either.
I have to admit, this is becoming slightly uncomfortable. Hurry!
Well, at least you were not holding your breath.
If you go without food until $10k you might be safe, but don't try to go without water, because you might end up shriveled up like a lil prune. (that is a "pro-tip" I should add).
During these past decades, the interest in professional fasting has markedly diminished. It used to pay very well to stage such performances, out in the open air. But this is no longer the case. We live in a different world now.
I think it would be easier to go without eating than to go without looking at the price of bitcoin.
32.
Post 25377244 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Actually I'm a little bit angry. No, no. I didn't sell any of my bitcoins. I just want to buy more and I was expecting some meaningful pull back to load but no luck. Conclusion: If you want to buy bitcoins don't wait just buy it!
This right here is spot on. I've been waiting for a pullback to buy some more as well. Been moving my limit orders up a little each day then woke up this morning and thought... wtf am I doing? I know bitcoin will be worth more than it is now so, why am I being so greedy over the price? Needless to say I picked up some more bitcoin today.
33.
Post 25402922 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Finally. Another ATH at Stamp.
That wall on stamp's gone down from 1200 bitcoins to 800 bitcoins today. It can't hold up much longer.
Isn't wall observation fun?
Earlier today GDAX was around $9890. I was watching the walls and saw someone drop a buy order for 250BTC at $9889. It was there for about 4 seconds then they pulled it quick. It was there just long enough for me to blurt out "This is it!".
34.
Post 25405074 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
the $10,000 wall is getting eatin alive on GDAX right now. Holy shit...
35.
Post 25463544 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Since the exchanges go down when everyone is panic selling... Maybe we should organize a panic sell fund so they can sell us thier BTC while the exchanges are down. I mean I'm willing to "take one for the team" and buy back at $1000 / BTC. You know... So, they don't "lose everything".
36.
Post 25463739 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Since the exchanges go down when everyone is panic selling... Maybe we should organize a panic sell fund so they can sell us thier BTC while the exchanges are down. I mean I'm willing to "take one for the team" and buy back at $1000 / BTC. You know... So, they don't "lose everything".
Lol. You'll buy their bitcoins at $1,000? That's a good start. I'll bid $1,100 per bitcoin. Hopefully desperate panic sellers are also here. But it seems they will change their mind after reading the posts here.
And thus BTE (Bitcoin Talk Exchange) was born.
37.
Post 25463865 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
38.
Post 25464685 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Look me up when you get to the Citadel.
39.
Post 25465079 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
Consolidation on 10k, the new floor for futures trading is priced in. If we do see a big dive, I'm suspecting a combination of some tether FUD and a back peddling of the Wallstreet futures tradeing. That might shake a few hands.
On another note, not surprised to see coinbase pulling their usual (down for maintenance) pussy move.
Is it true that stamp went down? I've yet to see that personally.
Speaking of futures...
http://www.businessinsider.com/nasdaq-set-to-launch-bitcoin-futures-2017-11
40.
Post 25489601 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
3) Have Emily Ratajkowski as your wife. Put up with her body and her shit for the rest of your life with no option for divorce, ever.
1) 3 BTC
2) Tulip fields
3) Emily Ratajkowski 
Google searches for Emily Ratajkowski just spiked. I may or may not have contributed.
41.
Post 25490393 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.29h):
3) Have Emily Ratajkowski as your wife. Put up with her body and her shit for the rest of your life with no option for divorce, ever. Pretty girl no doubt, but beauty never lasts forever. And even if it did, the average male mammal needs change at least once in a while. Ever felt abnormal desire for a woman, even if she's objectively less attractive than your wife/gf? I know I did. Uh, I mean, I do.
So if I had to choose a millionaire's dream, the only choice that would make sense for me in that slot would be
3) be able to pick a woman of the month (or in moderation: of the semester) from a panel of candidates guaranteed to contain at least one or two you consider quite attractive - even if not incredibly so as Emily or Miss Prettybutt (thanks, Lightfoot).
Now you're just being greedy!
42.
Post 25692624 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.30h):
is bitcoin dead?
Yes, it's official. Bitcoin is out and tulips are back in.
43.
Post 26060338 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.32h):
I haven't seen any "is bitcoin dead" posts so, we must not be at the bottom yet. I only wish I had more fiat to add more cheap btc to my stash. Although, I guess I could always just print more... you know like everyone else...
44.
Post 26061189 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.32h):
Looks like we're going down here, boys. Price-wise, I mean.
Let's see if we're properly down once futures have been rolling for a little while. Right now it feels like yet another something out to 'get' us that never actually did like the SR auctions and Segwit2x.
Daffy to be calling a categorical direction change before a large uncertainty becomes certain or not.
I'm not picking up a "this is the end" tone from this thread or any other areas of the bitcoin world that I am a part of. I'm picking up a more general "yeah we are dipping... bitcoin does that" vibe. There is always something that will scare people away from a full on vertical climb. This of course is vital to the long term health of bitcoin.
45.
Post 26062102 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.32h):
Ok I’m calling bottom for today.
Your place or mine?
46.
Post 26110454 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.32h):
Someone ddos attack
www.cboe.com or what? Website is down indefinitely.
47.
Post 26110504 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.32h):
Someone ddos attack
www.cboe.com or what? Website is down indefinitely.
Nevermind it's alive...sort of...
48.
Post 26269769 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.32h):
Dozens of main stream media stories on the volatility and dangers of Bitcoin in 3... 2... 1...
49.
Post 26641593 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.33h):
So... Coinbase app currently has a glitch where you can't buy BCash. When you select the buy option it subtly changes it to a Bitcoin purchase. Bahahahaha
50.
Post 26760364 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.34h):
I'm glad I made my fomo mistakes well before this dip. Otherwise, I'd probably be making some pretty awful decisions today and posting a whisky fueled rant on here right about now.
Instead, my fiat arrived this morning to my exchange and is now converted to BTC. BTFD FTW.
51.
Post 26760576 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.34h):
I'm glad I made my fomo mistakes well before this dip. Otherwise, I'd probably be making some pretty awful decisions today and posting a whisky fueled rant on here right about now.
Instead, my fiat arrived this morning to my exchange and is now converted to BTC. BTFD FTW.
Here's what gets my goat. I don't trade and my fiat fountain has temporarily gone dry. Dips like this go to other people. I honestly don't like that. There's a competition in me...
You spelt "greed" wrong.
52.
Post 26760713 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.34h):
I did however, do my crypto currency good deed for the day and talked a couple friends off cliffs today. They recently bought a ticket on this roller coaster and haven't seen this much red before.
53.
Post 26762677 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.34h):
I did however, do my crypto currency good deed for the day and talked a couple friends off cliffs today. They recently bought a ticket on this roller coaster and haven't seen this much red before.
You keep doing that you might not have any friends left. Just sayin'.
Friend: I'm down 30% on my life's savings, I will never get back those years of my life, I'm never going to be young again. Should I cut my losses my dearest of friends?
No, hodl, keep your eyes on the mempool, only going up! Bitcoin has only ever gone up! Everyone wants BTC even if it drops to -70% just keep hodling and believe in the revolution! Just open a tab and wait until schnorr! Adam Back is the greatest of all time! What's the WORST that could happen?
Hahaha I'm not a financial advisor. He had less than a week's paycheck worth in bitcoin. He said he has never seen bitcoin go down. I simply showed him charts.
I think helping and talking to new people entering crypto world is a good thing. How do you ever expect mass adoption to happen if everyone is misinformed and scared of Bitcoin. At least he knows what he is getting into now.
54.
Post 26763505 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.34h):
I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days. Enough of this tortuous creeping down and half-assed attempts at recovery. This shit is barely showing up on the weekly candles. Just be done with it, so we can resume our journey out of the solar system as we hitch a ride with Voyager to the next one.
Even more than this, I really want to see BeeCrash explode on the launchpad and slam into the ground; for the love of God and all that is holy, I'm not a religious person by any means, but I'll become one if that's what it takes to please let it drop below $1000. Tonight. Please. Pray with me brethren. And if there might just be a whale-brother who might still be holding it, dump it like a load of bad spicy Mexican food, full eye-watering evacuation. Don't even bother flushing. Just leave it for the next guy to share in mutual disgust.
Amen.
*slow clap*
55.
Post 26780371 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.34h):
Prediction Game: I'm going with February 3rd, 2018.
56.
Post 26844739 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
Nice! I had targets at 11k and just under. I was watching the depth chart as they all got filled. I just want to thank who ever sold at the bottom.
57.
Post 26862487 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
Lol at the first comment "Is this where you're building your evil lair?"
58.
Post 26987352 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
the positivity chart just went crazy, let the push for $20000 commence
Already on its way. Please share the chart.
it's in my brain linked directly to how I feel
But... then what is the optimism chart linked to?
59.
Post 27009570 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
along with some of these other shills that are crapping up this thread.
I second that!
for BCH shills to even start making a point they should have a whole new code (like eth) and not fork out the code they hate so much. they changed two lines and sing revolution, its just plain annoying. Plus the horde of fudders that come here during every dip makes reading the WO a double pain instead of a place to strenghten hodl
Catching up on posts in this thread takes much longer with the block size debates on going... Maybe we should all just communicate in memes? Much easier to skim through to the most recent post that way.
60.
Post 27009631 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
I like jbreher's posts. Without his posts we would have nothing but BTC cheerleaders here.
That’s like saying I love the big fat hairy guy in the corner of the strip club. If it wasn’t for him there would be just amazing tits and ass.
You know nothing about life dude. Life is a matter of contrasts. Beauty doesn't exist without ugly. Smart doesn't exist without stupid. World would be the most boring place if everybody would be or think the same. Be glad for the hairy guy
That's what the one slightly over weight middle aged stripper with a c section scar is for. There is always one...
61.
Post 27012821 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
That's what the one slightly over weight middle aged stripper with a c section scar is for. There is always one...
I guess sometimes there are 3
62.
Post 27013167 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
Let's all everybody just fuck right off. We're pumping the page count to totally unsustainable levels anyway.
We should probably suggest a fork for this board with an increased post per page count to mitigate the issue. We could then spam the original message board to dissuade people from continuing to use it and instead use our new, better, board with the larger post per page count.
63.
Post 27014116 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
Can I mine electroneum on this?
64.
Post 27078734 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.35h):
Why is there so much selling pressure right before the the 12/28 fork? Could someone explain?
bitcoin is dead obviously
RIP (for the 147th time)
65.
Post 28719285 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.39h):
Haven't checked this thread in a few days... I skimmed through a page or two but... pretty sure I saw what looked like jbreher going bullish on BTC. What else did I miss!?
Also... where are those optimism charts. Could use one right about now.
66.
Post 28719677 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.39h):
Directly above the very center of the earth.
Officially, the most accurate estimation of the day.
67.
Post 28867240 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Bitcointalk implementing merit... bullish signal.
68.
Post 28928596 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
I came here to post about this too. I have had many friends contact me today about this. These are friends who only trade stocks but, have been curious about bitcoin for awhile now. They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February.
69.
Post 28929466 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February.
So newcomers would better save like 0.25% fees and buy from some unestablished exchange rather than going with a reputable one, i.e. trading since 5+ years? I don't get it. But yeah, I'm Swiss, so you know...
I asked that question. There were 2 common responses.
1. No fees
2. "I can trade between stocks and crypto without transferring funds."
*Edit - they already have robinhood accounts for stocks.
70.
Post 28930013 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February.
So newcomers would better save like 0.25% fees and buy from some unestablished exchange rather than going with a reputable one, i.e. trading since 5+ years? I don't get it. But yeah, I'm Swiss, so you know...
I asked that question. There were 2 common responses.
1. No fees
2. "I can trade between stocks and crypto without transferring funds."
*Edit - they already have robinhood accounts for stocks.
So... just found this:
" Cryptocurrency prices are notoriously volatile. To counter that, Robinhood Crypto gives users an estimated price, and once users confirm a buy or sell order, they scan a gamut of trading venues, exchanges and market centers to find the lowest offer, TechCrunch explained. To account for wild price fluctuations, the service puts a 'collar' around your order; If it can't find a price within this margin, it will wait until one surfaces to execute your order or inform you."
Sounds like an awful lot of work for no fees being charged.
71.
Post 28930418 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February.
So newcomers would better save like 0.25% fees and buy from some unestablished exchange rather than going with a reputable one, i.e. trading since 5+ years? I don't get it. But yeah, I'm Swiss, so you know...
I asked that question. There were 2 common responses.
1. No fees
2. "I can trade between stocks and crypto without transferring funds."
*Edit - they already have robinhood accounts for stocks.
So... just found this:
" Cryptocurrency prices are notoriously volatile. To counter that, Robinhood Crypto gives users an estimated price, and once users confirm a buy or sell order, they scan a gamut of trading venues, exchanges and market centers to find the lowest offer, TechCrunch explained. To account for wild price fluctuations, the service puts a 'collar' around your order; If it can't find a price within this margin, it will wait until one surfaces to execute your order or inform you."
Sounds like an awful lot of work for no fees being charged.
Will they offer crypto withdrawals? Or just rehypothecate with abandon, like stocks?
It seems like no one is sure if you can deposit or withdraw crypto. I searched online for some more info and found lots of people asking the same question with no one having answers. I would speculate that you can not make withdrawals in the form of crypto.
72.
Post 28932939 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
In the end, it's all a gamble, I just like the odds better on some of them that few people see for now (then everyone else will see it and have their "Napster" moment, that one dies and gets "torrented", but the world changes anyway.)
Mostly is that latecomers feel that btc can hardly make another 10X+ from current levels, so they end buying lottery tickets priced $1 or less to have their chance for a 100-bagger, without even looking at the monetary base or any other technical spec of their tickets.
I feel like this is the *real* reason. The delusion these people feel is trying to justify the "reasons" why they are doing it, but they can't ignore the underlying reality.
Also, will it surprise them when Bitcoin does indeed do another 10X or 100X? It will, the only factor is how long it will take. Bitcoin is held by < 0.01% of the world population. Not every millionaire in the U.S. has any bitcoin. Wall Street hasn't even begun to up-leverage Bitcoin, because they don't have a way to do it effectively yet.
Projecting one's own motives and beliefs/understanding onto the great unwashed is I think the most common delusion among (otherwise?) intelligent people. In this echo chamber, BTC is best because technical analytical blah blah, where clearly the world at large cares not at all. It is the $$ and
adoption of these uninformed and unintelligent masses that is required to make 'progress'. Catering to them may be a sell out, but it is undeniably effective. This. Some days I sit in disbelief at the ignorance of what can be refered to as "the masses". The intelligent to stupid ratio seems tipped in an unfavorable direction.
It often seems as if everything in day to day living is based on the simple task of manipulation. I say "simple" because it often seems way too easy to sway the opinion of "the average person" or make them think they need something that may be completely worthless.
Ty Warner built a net worth of $2.5 billion by selling animals stuffed with fucking beads. Hell... the guy who sold Snuggies even made a cool $200 million. No one needs a beanie baby or a snuggie but, they were manipulated into believing there was a need for them.
Crypto is overrun with everyone and thier cousin making alt coins and promoting them. Shit... the other day I saw a coin called "DeezNuts"
https://deeznuts.in. I wonder often if as we approach mass adoption that marketing and advertising will push an undeserving coin with poor tech ahead of Bitcoin as "the masses" gobble it up. Sure the tech behind it might be shit but, that's not always the most important thing to "the masses".
Or maybe I'm just paranoid.
73.
Post 28933042 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Robinhood popping up in other countries. Looks like they are doing a global push.
Honestly good for them. Competition in the brokerage space is a great thing.
The only thing though, I hope they stick with just Bitcoin and ETH. If they start adding other shitcoins it'll just go downhill from there.
"While Robinhood customers will only have access to bitcoin and ethereum trading, effective immediately, the company will let customers add 16 different cryptocurrencies (bitcoin and ethereum included) to their "watchlist," a feature allowing them to monitor market data, read related news and create price alerts.
Other coins that can be added to the watchlist are bitcoin cash, litecoin, XRP (Ripple), ethereum classic, zcash, monero, dash, stellar, qtum, bitcoin gold, omisego, NEO, lisk, and dogecoin.
For now, Tenev isn't revealing any possible plans to start trading those other currencies, however, he said that a "listing committee" had been established to analyze factors such as security, functionality and demand to assess cryptocurrencies that could be added to the trading functionality or the market data list."
Source:
www.coindesk.com/micro-finance-giant-robinhood-makes-big-bet-on-bitcoin-trading/amp/
74.
Post 28936503 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
I am so very, very bored.
Malaise sets in.
... stares out from behind a cold, frosted window. alone in the darkness. all is quiet in the wilderness. the herd is safe and sound. slow exhalations build up condensate on the window. a hand reaches out from beneath a swaddling blanket and aimlessly draws trails. the forefinger begins to chill.
Last time I was bored I joined a Facebook crypto group.
Do yourself a favor and... don't do that.
75.
Post 28937527 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Back over $11,500 again. This can only mean one thing... BobLawblaw didn't put his massive sell wall at $11.5k.
76.
Post 29009816 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
holy WTF happened to my merit...lol
Obviously merit is a bubble...
Get out while you still can.
77.
Post 29010022 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
holy WTF happened to my merit...lol
Obviously merit is a bubble...
Not a bubble. A ponzi. Note the urging to not hoard, but reinvest all Merit, before decay!
But, then where are the thousands of merit referral links? The scattered sponsored merit posts on facebook? I havent even seen a YouTube advertisement of some guy walking through his shitty apartment bragging about how he makes merit work for him and I should too.
78.
Post 29010171 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Getting back on topic... anyone else noticing solid support gathering between the $10k to $11k range?
Roughly 2,400 BTC from 11k to 10k on GDAX. I've been watching support grow all day in that range. I'm feeling optimistic about the next 96 hours.
*Edit* Just noticed the 1,000+ BTC wall at the magical Masterluc $7,700 mark. Quite the following.
79.
Post 29010888 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Alright..enough is enough...im forking these. From now on we will have WOsMerits..these badboys are multisig, segwit, bip 91 compliant..no premine...
Cue the "How do I claim my WOsMerits?" and "What threads are supporting the WOsMerits fork?" posts.
80.
Post 29056414 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
The myopic diatribe that comes from the minds of some of these children bugs me.
OT
Bids are still growing while asks have remained relatively stable. Someone wave to Bob as we go by please...
Worried about cowboys chasing you?
I for one hope we can all wave to Bob soon. He seems too stressed for someone on the brink of early retirement with a bag full of BTC. The man deserves some relaxation.
81.
Post 29073521 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
LOL
BCC diving for $10
I saw one of Trevon's videos recently where he was telling people not to panic about BCC dropping to $30. He went on to explain that all the smart people should keep buying because BCC will come back up without a doubt. I wonder how that's working out for him...
82.
Post 29073597 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Off topic... I just realized that I can merit myself? Didn't try but, it gives me the option and I assume it works. That's like Facebook allowing you to like your own posts. Of course I like my post I wrote it!
83.
Post 29074083 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Off topic... I just realized that I can merit myself? Didn't try but, it gives me the option and I assume it works. That's like Facebook allowing you to like your own posts. Of course I like my post I wrote it!
I didn't assume it worked, I tried it out, and I got an error.
Confirmed. It doesn't work...
84.
Post 29074218 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Going back a few pages to Robinhood Crypto...
My buddy confirmed today that Robinhood will allow users to withdraw in the form of crypto but, it will require an extra level of identification on thier system.
The odd thing with Robinhood is that you enter a buy price and they utilize multiple exchanges to look for the lowest price to execute your order. I have not confirmed which exchanges they are using though. If Robinhood becomes widely used, it could possibly pull prices closer between exchanges.
85.
Post 29074294 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
$200 spread now between GDAX and Bitstamp & Bitfinex. Kraken and Gemini are finding middle-ground.
WTF Coinbase ?!
GDAX sitting at $11,300. There is 600BTC to go before $11,500. Seems like quite a distance to catch up
*Edit - Volume is also lowest it's been for a long time. Down to 11,500BTC over last 24 hours.
86.
Post 29075397 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
But how many people actually bought Bitcoin at the top, or XRP at the top?
Well... for every seller there is a buyer so...
87.
Post 29075782 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Just had my order @ $11.5k fully filled.
Was really starting to stress out there for a bit. Takes some pressure off.
Think I'll make my next move towards the end of Feb.
Congrats Bob. Best of luck in your future endeavours.
88.
Post 29075814 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
'Member that time Coinbase allowed some idiot to bid up BCash to $4k? Lol
Actually, it was $9k.
89.
Post 29076479 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
The bull-run is reformulating......
GDAX taking a run at the 120BTC wall at $11.5k.
90.
Post 29185647 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
$12000 in 6 hours confirmed
Hey Mate! Is this what your beloved optimism chart say?
I know it can do better than that: am I right?
I agree with this one.
as a matter of fact it is. Unfortunately I don't have 200 million dollars to make it happen. something in my gut tells me $12000 is not that far away once the tether fud has subsided.
Finally... the return of the optimism charts. Only a few hours remaining and $12k seems so far away. I'll remain optimistic though.
91.
Post 29186467 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
$12000 in 6 hours confirmed
Hey Mate! Is this what your beloved optimism chart say?
I know it can do better than that: am I right?
I agree with this one.
as a matter of fact it is. Unfortunately I don't have 200 million dollars to make it happen. something in my gut tells me $12000 is not that far away once the tether fud has subsided.
Finally... the return of the optimism charts. Only a few hours remaining and $12k seems so far away. I'll remain optimistic though.
should be heading for 12.3 anytime.
Getting back on topic... anyone else noticing solid support gathering between the $10k to $11k range?
Roughly 2,400 BTC from 11k to 10k on GDAX. I've been watching support grow all day in that range. I'm feeling optimistic about the next 96 hours.
*Edit* Just noticed the 1,000+ BTC wall at the magical Masterluc $7,700 mark. Quite the following.
I mean... BTC is pretty much obligated to touch $12k now.
92.
Post 29190722 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Going back to the network spam clearing up.
So… going theoretical here… Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash. The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative. At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention. This seemed pretty effective at the time. Keep in mind this all occurred during arguably record high entrance to the market by newcomers.
After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions. This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times. I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions. The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).
There is little benefit to spamming the network now as many others on here have theorized. Not to mention how costly it must have been to spam the network… That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”. You heard it here first… bcash pump inbound.
93.
Post 29192868 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Going back to the network spam clearing up.
So… going theoretical here… Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash. The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative. At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention. This seemed pretty effective at the time. Keep in mind this all occurred during arguably record high entrance to the market by newcomers.
After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions. This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times. I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions. The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).
I attributed the Ripple boom to the Western Union/Ripple rumours.
There is little benefit to spamming the network now as many others on here have theorized. Not to mention how costly it must have been to spam the network… That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”. You heard it here first… bcash pump inbound.
Spam or not, they did spend quite some cash pumping bcash anyway. The number of emply or nearly-empty blocks mined by Bitmain and related pools is strong circumstantial evidence. Your thesis
(as to the innocence of the Bcash Gang) remains far from compelling.
A Ripple pump may happen of course - it's all cyclical. But that wouldn't support the
Bcash innocence hypothesis, would it?Let me clarify my position. I'm not saying the bcash gang is innocent. I tried to state my point while being vague and without being direct which is a communication error on my side. I believe the bcash gang AT LEAST shares the responsibility for the spam on Bitcoin and the pumps on BCASH.
EDIT: I see Torque beat me to it. I think his reply is worthy of consideration. But don't listen to me too much - I'm afraid he's winning me to the tinfoil club, one roll at a time.
I can buy into this. This theory would remove some of the responsibility from the bcash gang and place it on heavier hands. I mean... if we are going "tin foil hat" we might as well go
full tin foil hat.
94.
Post 29193784 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
It's pretty obvious in hindsight. And if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.
I agree with this. As bitcoin fees drop lower and lower all I can think of is that this is bad news for the likes of Litecoin. Many people moved to litecoin for those cheap, fast transactions I mentioned. Litecoin is even used for pairing on some exchanges for this reason. I'm not forcasting the end of litecoin but, I agree that it may be the end for some alts.
I think that the BCash gang was actually just a group of useful idiot patsies in all of this. I'm not 100% sure they were spamming the network (it could have been the work of Whales/Insiders that they were working with or just knew), but they believed at the time that they were benefiting from it. Now, not so much.
In reality all alts were benefiting from this spamming. All we've heard for months now is that the high fees and slow transaction time is why bitcoin will not be widely adopted and used. It seems as if many have been chasing the "new bitcoin" based on this false belief. It would be easy to believe that the bcash gang are just pawns in this larger scale game you've outlined. They don't seem like masterminds... I mean... have you heard them talk? After all, the heavy hand is always hidden behind a false face.
95.
Post 29194063 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
I mean if you think about it, other than their reputations the BCash gang has little to lose and everything to gain. If BCash fails, they'll just let it slowly die and go back to mining Bitcoin 100%. The hardware is the same, so no loss there.
Very valid point. I concede my bcash pump prediction and raise you a bitcoin pump prediction.
96.
Post 29198427 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Going back to the network spam clearing up.
So… going theoretical here… Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash. The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative. At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention. This seemed pretty effective at the time. Keep in mind this all occurred during arguably record high entrance to the market by newcomers.
After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions. This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times. I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions. The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).
There is little benefit to spamming the network now as many others on here have theorized. Not to mention how costly it must have been to spam the network… That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”. You heard it here first… bcash pump inbound.
Wanna hear my theory? That in 2017 the flippening into alts, constant bitcoin spamming, FUD, and eventual creation of BCash were all related... a deliberate, multi-faceted, year long campaign that was well planned in advance. Whales and hedge funds started the crazy Bitcoin volatility and FUD all the way back in Jan 2017, and did it for one purpose: for all of the year, to shake as many people out and away from Bitcoin because they already knew that Bitcoin Futures were coming online in December (they are insiders after all -- and insiders know things
well in advance of the public). And they couldn't just run the market straight up, that's not how big players take long positions. They were constantly pumping and shorting the whole time, all the while slowly ramping it up and building their long position over an entire year.
It's pretty obvious in hindsight. And
if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.
You could be wrong, and the same results of alt money flowing back into bitcoin will take place.
I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha
Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.
Aww come on. We were having fun with our tinfoil hat theories and you had to go get all rational
97.
Post 29207257 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Can you break this down for me? What are the red flags here?
98.
Post 29208387 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Can you break this down for me? What are the red flags here?
Combining a bunch of small inputs of exactly equal amounts. Why would someone have hundreds of UTXO of equal amounts that are all basically dust? I don't get the use case here. Could be wrong.
Yeah I see that. I also see they are seconds apart.
I wasn't trying to spring a troll trap or anything. I'm still learning and curious. I do a lot of reading and not much question asking on this board. I'm curious what the activity of tumblers look like on the block chain too.
99.
Post 29278125 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
starting to feel a little nervous
Just imagine that everyone in the room has BCash. Or is naked. I think it's one of those...
*edit Fixed
100.
Post 29278438 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Noticing that all the "hype coins" are taking the hardest hit. I'm beginning to speculate which one will be the next to implode.
101.
Post 29280205 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.40h):
Google Trends for Bitcoin is the only indicator that is 100% accurate
So... We should pump Google searches for "bitcoin"? Someone set up a bot please.
102.
Post 29346597 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.41h):
This constant downward compression we've had since 1/17 really feels like an attempt to wring out every last bit of weak hands.
Mission accomplished?
I would think , they that really cannot handle the pressure are out off most of there money is out for the rest more and more starting too know how the market works or trying to believe “ i know iT Will go up because iT allways do” offcourse Many of them bought in lately or even @ +12-13-14k.... and Just really don’t know what BTC is or the market or anything but Just got in by friends like i have with a few of my friends .... and they Just want to act strong “i know it Will go up again” but meanwhile sending textmessages like whats happening you know something... blabla i Just say keep hodling..... they say offcourse price Will go up for sure.... then i ask Why do you think that?? And again they say because iT allways does while they really don’t know anything about iT , but for these peoples that or still here and even losing money now i think they Will stay on BTC because they seen friends making money and want the same thing and are losing know and Just think WTF there’s No way back anymore ( offcourse those friends like these are smaller investors trying to get rich ). But for what its word i think the really weak and scared should been out most of them not??
I see this too. Even in myself as I am also a "late investor". I started watching and learning about bitcoin early 2017 then finally started buying in mid 2017. That being said, I am a believer and a hodler now. I continue to learn and read up but, still consider myself a noobie. I think there are lots of others just like me. I think the believer and hodler foundation of bitcoin was greatly added to in 2017.
103.
Post 29348611 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.41h):
Lol... the last sentence at the bottom of the page...
Together we will make Bitcoin Cash the best money the world has ever seen.
104.
Post 29349776 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.41h):
Korea was a popular FUD topic recently. Now I'm seeing info such as South Korea exchanges are back up and accepting new accounts now. Also found this...
http://bitguru.co.uk/ecommerce-player-in-south-korea-to-support-crypto-payments/Back to good news and progress?
105.
Post 29428578 (copy this link) (by True Myth) (scraped on 2020-04-04_Sat_15.41h):
People, things are not complicated, this is not some kind of natural disaster, what is happening is that scammers at Scamfinex have to produce 1 US$ for every 1 USDT they produced out of the thin air, or they will go to jail. No matter how low the price is, they have no choice but to sell BTC, there's no other way they can produce US$. Point is they can not sell your coins, they can only sell theirs. It's that simple, why would anyone care if they loose the whole sum they've acquired through scam? They can either sell enough to cover the scam, or fail and go to jail. Sooner or later they will run out of BTC and the line will be drown under, their BTC will be in someone else hands, but your BTC will remain in yours. It's that simple, as someone said 1 BTC will always be 1 BTC, there's no reason to fear of their failure. Only way you can fail is to sell your coins, otherwise you can not lose because this is not your game that is happening right now.
If any of this conjecture were true, Bitfinex would be trailing in price not leading.
*puts on tinfoil hat* Whose to say they aren't selling on another exchange? Selling on thier own could raise flags.
*edit* someone beat me to it.
Why do you presume they are selling on their own exchange? They are in position to move fiat between the exchanges, which their customers can not do as easily as them. If you were in their place, wouldn't you do exactly what they are doing to cover the obvious?
Sorry guys... catching up on this board during a dip is like coming back to work after a 3 week vacation.
