All posts made by jatajuta in Bitcointalk.org's Wall Observer thread
1.
Post 1864056 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_10.53h):
Lag, fucking lag, when will some FOREX company enter making a really professional exchange and not this monkey circus that is mtgox?
2.
Post 1864094 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_10.53h):
What intrigues me is that yesterday we have triple more volume and no lag.
3.
Post 3549401 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.22h):
Mt.gox, 4 open sell orders that wwont cancel an also wont exacute sell, wtf anyone else experiencing this. Refreshed a million times
The solution is here:
https://www.youtube.com/watch?v=K2ku1A5Ox8U
4.
Post 3549532 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.22h):
So i thought Gox said they were immune to ddos when they got on the Akamai network?
The problem might be to do with their backend, the website is up. It's like the trading engine is off.
When this shit happened before it was because Gox was the one and only exchange in the market, but now it is in the 3rd fucking place and still can't handle their inflow of orders.
This is nuts, 6 months to fix lagging problems and here we are again. Im glad they don't have the same weigth on the market anymore.
5.
Post 3553606 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.22h):
so basically today we learned what we knew already which is MT Gox sets the price of this market and all the other exchanges just follow Mtgox.
Uhh I hope that is supposed to be sarcasm. Bitstamp doesn't give a shit what MtGox does, it's going up while MtGox was going down.
It all depends on trading volume, if one exchange have a huge sell out, other will follow, gox isn't leading the price, neither are btcchina or stamp. Sometimes China go forward, sometimes is Gox.
Way healthier for price stability this way.
6.
Post 3629172 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Finally mainstream?
Comment about how BTC is tiny in regards to USD, western union, all the many other options criminals can and do use.
Virtual currency inherently NOT ILLEGAL. WE are not stopping INNOVATION
... digital currencies as long as they comply with regulations they are not ILLEGAL... they also provide cheap and efficient money transferring.....
current laws/statutes are flexible enough to meet their needs
"cash is still the best medium for laundering money"
BTC is ok so long as they play by the anti money laundering rules.
they want to tax .....
They dont want digital currencies to be come tax heaven.
DHS just commented and said that cyber criminals that they have been investigating haven't directly gravitated towards bitcoin and prefer a more centralized currency
Costs of prohibition versus benefits of economic boom
7.
Post 3633509 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Take it easy guys, there is no use being the richest guy on the cemetery
With this volatility our hearts will be more tested than on a marathon.
8.
Post 3633558 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Only Gox. Other exchanges have insignificant volume to care.
Again with Gox, suckers will be stuck with GoxBux.
9.
Post 3633725 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
More and more am I starting to believe that BTCChina is (for a large part) fake.
- Their volume reports are ridiculous. On the 3 minute chart they have almost exclusively 300 btc per candlestick.
- The whole rise-up at BTC-China seems orchestrated. Every sharp rise is nicely crafted into a short dip which then recovers in order to make others believe that it's safe to buy
And most compellingly
- During the crash the volume stays _THE SAME_ throughout. There is a sharp drop, but no panic selling at all! The volume is constant. This does not make any sense to me.
- Notice how every downward candle towards is also attempted to be caugt immediately - many many intermittent recoveries during a crash. It just doesn't make sense.
It's almost as if the whole exchange is scripted to make fake orders to amplify any movements seen on Gox. Zero trading fees would allow this.
=== I'm just speculating here ===
It seems more reasonable to believe that chinese people want to extract fiat from their country, that could explain the huge difference in price, this is more reasonable for me considering how strict the chinese government is regarding international transfers.
10.
Post 3634093 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Its easy to fake volume, when many buying chinese, gox whoever create fake/buy sells at higher price. For example most vol around 512 going up simply adding some fake large buy/sell
One way to check is to try and fill say 10,000 btc sell order, today someone sold what 4000 btc in 1 go and price went down to 540 from 900
Actually was several orders of 50 to 400 coins that lead the price to 580, the total sum on Gox from 900 to 580 was 12588 coins, it is fine by me. Just a correction.
The fact is we are on a whole new level now, just like in march when we jumped from 20 to 100 we where not used to movements of more that 10 dollars in one day.
Now we are not used to movements of 100 dollars in one day.
If you want to trade the price movement follow a system because our brain is not good for a reference on when to buy and sell.
1000 may be expensive today, but if I tell you that will be 10.000 on 5 years then 1000 is very cheap. So it is not a good reference for us to make decisions.
11.
Post 3634236 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Tasty day, this week's forecast?
A lot of rich people with heart attack.
12.
Post 3634431 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Predictions these days...
13.
Post 3638460 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
I am never going all in anymore. Last night when the crash started I was like:
- ok don't worry, this is merely a correction
- 800...700...600...550...
- At this point i was pulling my hair out and getting ready to panic sell
Luckily I didnt and held until it rebounded to 800. But it seriously felt like an April scenario (even though I wasn't there). It's a feeling I never want to experience anymore. Losing all my profits plus some of my original savings feels like the worst thing in the world. I was ready to cry. But lesson learnt...Don't trade on emotions (and yes I've only been introduced to the stock/bitcoin exchange thing since I discovered bitcoin back in April)
Follow a system or you will be foolished by your brain, remember that the majority loses.
14.
Post 3638506 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Could you show me such a system?
First you need to learn how to think like a trader, which is very similar to the way a professional poker player manages risk and variance.
Then you must study and learn how to create a system, is not a simple task because you are dealing with a huge numbers of variables, you always have to lose a little to avoid excessive risks and exposures.
It takes time but it is the only way if you wanna keep your money while doing trading.
A better route is to buy and hold, is the best strategy by far until now.
I recommend these books:
http://www.amazon.com/Trading-Business-Joe-Ross/dp/9768108223http://www.amazon.com/Fooled-Randomness-Hidden-Chance-Markets/dp/0812975219http://www.amazon.com/Black-Swan-Impact-Highly-Improbable-ebook/dp/B002RI99IM/ref=sr_1_1?s=books&ie=UTF8&qid=1384869633&sr=1-1&keywords=black+swan
15.
Post 3638571 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
I don't get it, is this for me?=) (i know what thermodynamics means)
https://www.youtube.com/watch?v=Dbt-OfbQTpw
16.
Post 3638583 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Opinions?
Check the old posts, this image was on the crash of july 2011 and april 2013.
17.
Post 3640501 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Guys, is yesterday's hearing continuing today?
3:30 pm Eastern Time
18.
Post 3640532 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.25h):
Guys, is yesterday's hearing continuing today?
3:30 pm Eastern Time
On cspan3 again?
yep
19.
Post 3643211 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.26h):
Remember when people cared about Bitcoin being mentioned in "the good wife" ?
It feels like ages ago.
20.
Post 3643543 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.26h):
They really want a definition for bitcoin today.
21.
Post 3643666 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.26h):
What defines going mainstream? I think the US senate dedicating 2 afternoons on the topic is enough for saying that it is going mainstream.
22.
Post 3643828 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.26h):
WOW
Great talk, excellent level of discussion.
23.
Post 3645288 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.26h):
Bids are pilling up. If we break 730 we can confirm the end of the correction, 500 usd is a solid support on gox, will need a good shakeout to lose it.
It seems like the downtrend is losing strength.
24.
Post 3645384 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.26h):
Ok, so we all agree that at this point anything less than $100 price swings every hour is boring?
$100 is the new $10
which was the old $1 last year.
25.
Post 3673505 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.27h):
26.
Post 3674138 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.27h):
In March 23 the H price was ~11% above the trendline and today it is ~127%. Bitcoin is a tiger, though.
You are right, is more vertical this time, but the risk of being outside far exceeds the risk of a stop loss on the worst case scenario.
27.
Post 3680409 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
28.
Post 3680459 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.
If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.
If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly.
The thing is, $775 looked like a top. But, then (just now) we got an uptick, ARMS movement, and the (usually trailing) Directional is with us. I agree that the news is hard to factor in to the equation, but remember that monies that are trying to enter the system may well view under $1000 as a good buy point. Who knows?
Also, remember how much you are believing that somehow $1000 is a magical number. Will you feel that way when the price is $1143 or $1375 or $2100?
Same happened with 100 dollars, it busted that in a week after correcting from 70 dollars, a very similar movement from today by the way.
29.
Post 3680561 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
wall street journal weekend investor just published, recommending to buy bitcoin as a small speculative position.
so, that means we should sell everything?
30.
Post 3680768 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
I am prefering a lot more the way the things are now then like the last rally from 13 to 266, this interaction between Gox, Stamp and China are a lot safer for price stability, I remember when Gox lagged in april it was a nigthmare, now we had almost 20 minutes of lag on Gox before broke 800 and nobody gives a damn, same for Stamp, can stay offline and the others aren't going nowhere.
Much safer now.
31.
Post 3680781 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
Gox has problems, but they always sort them out- supposidly the larger you are a client, the faster they sort things out too. :-)
Gox is a USD black hole. USD can't get out. The problem started 6 months ago, and it's just getting worse.
I think this problem will be solved rather quickly now that the US assumed an open position regarding Bitcoin, they only need a major bank to process the volume they aren't being able to process through their domestic japanese banks.
32.
Post 3680844 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
China is not "safer". Funny how you think charts from a communist country inviting "free trade and money here" with a government bent on control is a "safe" thing. Oh well, minds all work in their own determined ways.
Safer meaning we dont rely only on Gox to determine the value of the coins.
33.
Post 3680989 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
I'm getting seriously fed up with Bitstamp.
I haven't given up hope entirely yet. They don't *need* to end up like mtgox :/
why?
34.
Post 3681030 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
35.
Post 3681136 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
It's uncanny how the western exchanges are leading the price rise this time. China is lagging along. I'm guessing the hype cycle around bitcoin is already dying down in China, while it's still raging in the western countries.
1 US Dollar equals
6.09 Chinese Yuan
everything seem to be in order, china is still #1
He's still in denial.
36.
Post 3681185 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
man, i am mere dollars away from hitting my "sell off 20% of my holdings" point. that would really help bootstrapping my start up.
if it keeps creeping up, no sleep for me tonight
How about if it hits your number, put a trailing stop loss on it, or even a parabolic one? You'd have to watch it manually I think, I haven't see anywhere you could set it up, (fucking infrastructure's stuck on dial-up!) but you could just run numbers and set bitcoinreminders so you can sleep. Other guys set alarms... (idk how)
You can use a trailing stop or stop loss with this client, bear in mind it will run on your pc, but is better than nothing. Only works on MtGox's API.
https://github.com/genbtc/goxgui
37.
Post 3681278 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
The 3d chart on bitcoinwisdom looks totally unreal.
Go back to March 3rd
Also very unreal, don't you think?
38.
Post 3681345 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
The 3d chart on bitcoinwisdom looks totally unreal.
Go back to March 3rd
Also very unreal, don't you think?
This:
Log scale please. If you use Linear Scale this always happens.
Take a look on the weekly log chart.
39.
Post 3685151 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game
Report back when you are at $100.
Challenge accepted!
Are there any stop orders on QT Trader?
40.
Post 3685482 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game
Report back when you are at $100.
Challenge accepted!
Are there any stop orders on QT Trader?
Yes, you can set order's just as if you were trading with limit orders on the exchange. It also has a nice 'rules' feature where you can set certain conditions for selling.
https://bitcointalk.org/index.php?topic=201062.0Okay, but there is no stop loss rule where I can execute a market order if price goes below x?
41.
Post 3685581 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game
Report back when you are at $100.
Challenge accepted!
Are there any stop orders on QT Trader?
Yes, you can set order's just as if you were trading with limit orders on the exchange. It also has a nice 'rules' feature where you can set certain conditions for selling.
https://bitcointalk.org/index.php?topic=201062.0Okay, but there is no stop loss rule where I can execute a market order if price goes below x?
Is that not included in the rules below? Sorry I'm not really familiar with stock trading lingo :p
I tested and on all options I get limit orders, maybe I am missing something
42.
Post 3685740 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
HINT: don't use market orders ever
They saved my ass so many times I can't count, with a limit order you are totally exposed if a black swan event hits bitcoin and price move quicker against you, it can trap you in a crappy position for ever unless you realize massive losses.
A stop loss is to get out, not to get out at a certain price and then get stucked with an unfilled order.
The slippage is compensated by the massive profits you protect doing this.
43.
Post 3685755 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
We are a shade short of the magical 900....
Where has all our irrational exuberance gone - everyone asleep?
I haven't seen a choo choo for ages.
No market prediction comment, just a mood one, are we blasé now...?
Just like when we break 270, now everybody wants 4 digits, no less.
44.
Post 3688244 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.28h):
This is not from today, they offer this service since june if I remember correctly.
45.
Post 3715714 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.29h):
Whoever bought those thousands of btcs today save all you bulls from a crash and you know it:
http://i.imgur.com/3q12MKq.pngstill near to 0 volume... this market is a lie
46.
Post 3741453 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.30h):
The simplest explanation is leveraged traders selling to repay their loans, but the conspiracy explanation is more fun so let's just go with that.
Selling on gox to repay the loans is not the best movement
Not with a 3 month withdraw window.
47.
Post 4055500 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.43h):
Good mormon everyone. I have to work today so can't trade. Where shall I leave my bids? Got a couple at 300 (ha!), couple at 500....(ha!). What's the plan you non-pigs?
I think you will be disappointed.
48.
Post 4056842 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.43h):
Sorry I'm new. Who is Rpietila?
He is just a guy claiming he knows a thing or two about Bitcoin. Also owns a coin or two.
A poster boy surrounding himself with drooling wannabe moneybags hoping to attract customers to his investment businesses, sometimes he takes a walk on the wild side.
If you are trading bitcoin for more than 2 years and still doesn't have at least 5 figures you are doing it wrong, so beware of experts because they can just be lucky guys.
Myself included
49.
Post 4057505 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.43h):
But he does tend to get it right.
Wrong. You are very new here, but he tends to get it wrong most of the times, I'd say as much as 90% of the times.
Don't have the time to dig all the old posts (plus he tends to delete them when he gets it wrong), but I will make you a very short summary of some of Risto Pietila's calls:
"anyone who does not believe that we will hit $300k per BTC by this year is in denial of the facts"
- spring 2013 (this was not trolling, this was a very real and serious prediction he made earlier this year)
"we will never see $100 again"
- summer 2013 - we will went below $100 (till $67) a few days after
"i turned bear, I'm selling and buying back cheaper in a few days"
- November 2013 - he sold at $700 hoping to buy back cheaper and had to buy back at a loss shortly after
"i turned bull, I was wrong earlier and we are going to the moon"
- December 2013 - we were trading at $1200, the peak was reached shortly after and we crashed
I could go on FOREVER.
As some have said, Risto makes some very interesting general analysis threads, but:
- his short term calls are consistently wrong
- he doesn't own 10k coins, that's BS. He doesn't own more than 2k coins based on his post history (probably less)
- his history of successful trading are utter BS. He doesn't do "arbitrage", and he makes up his stories of success to build up his character
- he has delusions of grandeur and maniac episodes in which he totally loses his mind, probably believing his own BS
- he doesn't stand serious critics, that's why he starts self-moderated topics in which he ruthlessly deletes well-reasoned critics while allowing random and off-topic praises.
- finally, his business model is to attract noob investors to either a) sell them BTC with a markup or b) manage their assets for a fee. This is his priority, and the character he built in here is made with that priority in mind.
Let me get straight that I haven't got anything personal against Risto, is just that I feel bad when I see noobs thinking he is some kind of über-successful master BTC trade, while in reality he is mostly smoke and mirrors. As we are supposed to be a community, sometimes I feel the urge to warn newcomers and tell them to analyze more thoroughly the character before thinking to risk their money to/with him.
+1
This...
If you wanna trade, do your own research, or you will be slaughtered. Never trade on other people opinions.
The real butthurt are those who will be crying because they don't take responsability for their choices and follow a forum for entry and exit points on the most volatile market in history.
50.
Post 4057927 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.43h):
Great video, thanks for sharing, watching here...
51.
Post 4058178 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.43h):
Great video, thanks for sharing, watching here...
Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?
If you want to promote Bitcoin you have to make sure you wont piss-off the feds you know.... just saying
Right now he's still pissing
me off. I'm at 8 minutes and still want to turn it off so bad. I really hope it gets better
Wait till 20min
52.
Post 4058529 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.44h):
Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.
Pics or didn't happen...
53.
Post 4058653 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.44h):
the definition of short term varies from a person to another, when we talk about the short term future of bitcoin we usually mean 5-10 years (on the speculation board means 1-2 weeks
) but I "think" in order for bitcoin to continue to mainstream and "survive" there are a lot of things has to be addressed short term ( we are still on the 5-10 years) like the block size limit, transaction fees, the selfish miner issue,regulation.....
the point is that if these issues wont be addressed there will be another alt (not a single from the existing ones) created that solves all existing issues and this is my biggest fear
Why? Bitcoin will simply assimilate it. Bitcoin is like the Borg
Yup. All of the problems you mention are technical problems. Technical problems are easily solved in due time, when needed.
The real challenges ahead lie on the Regulatory and Compliance side of things; specifically on how to successfully co-exist with gov's and fiat.... until we can squash them
There is a great book that describes Bitcoin perfectly.
Bitcoin is the best example of something Antifragile.
http://www.riosmauricio.com/wp-content/uploads/2013/05/Taleb_Antifragile.pdf
54.
Post 4058846 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.44h):
Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.
Pics or didn't happen...
I was at the conference thinking you trolls would demand to see evidence, so I took some.
But now I feel like the worst vermin in the planet (paparazzi), so I'm not posting. Let private affairs be private..
Hahaif you took the pics and are not sharing them that might not make you a paparazzi but a pervert instead
*
checks behind shoulders*
Lol, you got me !
*
runs for cover*
I agree with making a pool, because we are a descentralized community and this issue needs to be solved asap.
55.
Post 4058883 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.44h):
Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.
Pics or didn't happen...
I was at the conference thinking you trolls would demand to see evidence, so I took some.
But now I feel like the worst vermin in the planet (paparazzi), so I'm not posting. Let private affairs be private..
Hahaif you took the pics and are not sharing them that might not make you a paparazzi but a pervert instead
*
checks behind shoulders*
Lol, you got me !
*
runs for cover*
I agree with making a pool, because we are a descentralized community and this issue needs to be solved asap.
A pool? To swim in with Voorhees' escort?
That was not what I meant, but would be nice aswell...
Bad english here
56.
Post 4060250 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.44h):
Last chance to buy back in...
Where is that train rocket picture?
57.
Post 4060351 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.44h):
yep, if you have sold lower its a bad move to buy back in when market is clearly overbought
Overbought on the 4h and oversold on the daily.
Hard to know. But I prefer the daily.
And remember, nothing is clear with bitcoin. Always keep a plan B.
58.
Post 4061931 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.44h):
Who was the douche saying it was the last time to buy a couple of hours ago?
Oh wait...
59.
Post 4079394 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.45h):
So no more lambos?
I prefer this...
60.
Post 4246771 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.49h):
61.
Post 4350710 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_11.52h):
In the end is always this...
62.
Post 5059896 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.06h):
and yes traders should have low ball orders for panic sells like this
probably wouldn't do much for the price, but it will mean cashing in on retarted panic sells
The problem is when you have an open order since friday and it doesn't get filled when it should.
I didn't get filled even when gox reached 500. Ridiculous. Open order my ass.
63.
Post 5060250 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.06h):
and yes traders should have low ball orders for panic sells like this
probably wouldn't do much for the price, but it will mean cashing in on retarted panic sells
The problem is when you have an open order since friday and it doesn't get filled when it should.
I didn't get filled even when gox reached 500. Ridiculous. Open order my ass.
This happened to me as well.
I had a substantial buy set for months at 505 - it did not get filled when we touched 500.
I can't understand how that happened, if it was an open order how could get pass and sell at 500 when both of us were willing to buy at 505-506?
64.
Post 5062795 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.06h):
The problem is when you have an open order since friday and it doesn't get filled when it should.
I didn't get filled even when gox reached 500. Ridiculous. Open order my ass.
Have you reported this bug / will you report it to Gox?
This is a very very serious BUG.I send it via support, is there any other way to report it?
65.
Post 5063249 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.06h):
I don't know if there is other way. You should be compensated for your order not having been filled.
That's what I want, they have the one and only job of matching bid/ask and they fail at that. Midas my ass, everything they touch turns shit.
66.
Post 5138229 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
Protest at Mt Gox, Tokyo, 14th February 2014
https://www.youtube.com/watch?v=ob9Ak1t09Ao
67.
Post 5138458 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
Post it in MtGox thread.... this thread no longer concerns Gox,
+1
You are cute.
In 2011 gox was doomed after the flash crash, everybody said TradeHill would dominate the exchange market. Now nobody knows who the fuck was TradeHill.
As long as there is a chance of gox resume btc withdrawal you have to be concerned about it.
Don't underestimate it, or you will be crying like baby when the gap between Stamp & Gox closes.
68.
Post 5139782 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
I just sent some fiat to gox am I insane?
I really feel like doing that as well! Someone's got to help bail it out.
If you stay with the majority you will lose.
I have a feeling that in a couple of days people will be like "Why didn't i bought at gox when it was so cheap!"
But it's just a feeling.
69.
Post 5139999 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
I just sent some fiat to gox am I insane?
I really feel like doing that as well! Someone's got to help bail it out.
If you stay with the majority you will lose.
I have a feeling that in a couple of days people will be like "Why didn't i bought at gox when it was so cheap!"
But it's just a feeling.
I had that feeling some days ago and bought.. then it almost halved again in price
70.
Post 5142540 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
I just sent some fiat to gox am I insane?
I really feel like doing that as well! Someone's got to help bail it out.
If you stay with the majority you will lose.
I have a feeling that in a couple of days people will be like "Why didn't i bought at gox when it was so cheap!"
But it's just a feeling.
See, Gox is alive and kicking.
71.
Post 5143885 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
How funny is seeing poeple suddenly buying bitcoin on Mtgox. After they stayed with 350 coins for hours in front of them , not it's time to buy them at 450
))))
I bought gallons at 340 while everybody was saying "Please don't say Gox on this thread, gox is dead."
I think people will start realize the opportunity missed when we surpass Stamp.
72.
Post 5146036 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
In case no one heard, btc withdrawals are on again at Stamp!
Eat it bears. One more bounce coming when Gox opens everything back up. Gox will go 700+ btce will go 750+
This is one of the best buying opportunities for this year.
73.
Post 5146927 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
I doubled my coins on gox in past 2 days? Not hard when it goes up and down 100$ daily
Tell that to the sheep that sold at ~$300...
I was wondering who sold so many coins at that price, every 5 min there was a market sell of ~200 coins for almost 4 hours straight.
74.
Post 5152663 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
love it..who are these jokers dumping 450 coins on gox at 350
It seems like the same bot from yesterday morning (GMT -3)
Every 5 min or so it dumps ~250 coins.
75.
Post 5152675 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.09h):
love it..who are these jokers dumping 450 coins on gox at 350
It seems like the same bot from yesterday morning (GMT -3)
Every 5 min or so it dumps ~250 coins.
Maybe they are japanese kamikazes traders.
76.
Post 5173382 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.10h):
So much fear around these days, I call the bottom. Do I need to quote Warren Buffet?
Buy now and profit...
77.
Post 5178594 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
1k buy at gox.
78.
Post 5181483 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
Much more reasonable than this conspiracy about Mark manipulating the price is to think that someone has a lot to gain shorting btc on gox because it is holding a position on some derivative market somewhere that benefits from a low GOXBTC price.
MtGox isn't insolvent, anyone who is selling their coins now because of this fact will be feeling raped by a giant japanese octopus in a few weeks.
Besides that it is easy to realize that he has a business that generate ~100K USD/Day, why would he "manipulate" the price and crash his own exchange exposing himself to the risk of being even murdered? He has a lot more incentives to keep the business up and running, more than anyone here.
Stop with this insolvency nonsense, there is absolutely no evidence regarding that, to the contrary, there are huge evidences that he have a lot of money to maintain his business through the fees he is charging.
79.
Post 5181939 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
Yeah but letting this happen on his exchange is killing the last shreds of respect people might have for Gox. He should freeze everything right now and then make a clear, honest statement whenever he is ready.
Stop making sense.
People complain when he freezes trading. People complain when he doesn't.
People complain when he stops deposits/withdrawals. People complain when he doesn't.
+1
In April 2013 he froze the trading after the lag and it was just like today, the fact is that the market is behaving like Gox is insolvent and that will not be able to reopen BTC withdraw.
It is a great opportunity to bet against these people if the opposite scenario turns out to be true tomorrow.
I don't know if you guys remember, but the sentiment here is very similar to what was it on October 2011 and April 2013, despair and irrationality all over the place.
I like to bet against it in times like these...
80.
Post 5182144 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
I'm not defending MtGox. They suck.
I'm attacking those of you who make people believe MtGox could have likely lost a 6 digit BTC sum over the malleability issue (because that's what it would take to make them insolvent).
People are not thinking clearly anymore, looking at the technical issue, their contingencies and progress so far, their income and their accumulated BTC reserves over the years. I could write it up, but I'm not sure anyone is interested at all. I never expected that MtGox would reenable transfers at remotely the same speed as Bitstamp, because MtGox's problem is worse since they have an accounting mess to clean up, and that is in addition to their general slowness.
But never mind, I think you guys are all more intelligent than gmaxwell, jgarzik and phantomcircuit with regards to evaluating MtGox's malleability issue. Better listen to r/bitcoin, buy at +30% premium and sell at -70%.
Completely agree with you, everyone is so certain it will close and it is finished, but they don't realize that is not what the core developers think about gox.
https://twitter.com/aantonop/status/434520107348275200https://github.com/bitcoin/bitcoin/pull/3656#issuecomment-35055553https://twitter.com/aantonop/status/434382853657227264
81.
Post 5189419 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
Once BTC withdrawals are enabled, the price of BTC on Mt.Gox will skyrocket. Why would you dump on stamp at 700 when you can dump on gox at 900?
Because you can't withdraw fiat on gox.
You can, it just takes longer.
82.
Post 5189869 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
might send a massive wire to gox tomorrow. it's hard to resist! fiat on gox though *shudder* this could go SO wrong.
I am 5 digits USD on Gox and stuffing all i can on BTC since yesterday.
This is the best buying chance we will see in years.
Makes sense to me. Either Gox is insolvent and you lose (almost) all. Or they get their act together and you'll get very cheap coins.
I wouldn't risk it, but once you're knee-deep in GoxBux you might as well try to make the most of it.
There's a GoxCoins/BTC exchange going on now, valuing them at roughly 0.7 each. If sold on Bitstamp, that'd be $635 per BTC as of now, so an effective GoxCoin value of $444.50.
The Gox price is ~$315 as of this post.
So it makes *absolutely* no sense to be holding GoxBux ATM, you can make over 50% on your USD instantly.
It does make sense if Gox is not bust and next week we see 900, that's way more than your 50%.
Also it is a money I can afford to lose, I mined and bought a good amount of coins in the beginning of 2011, all there is on exchanges is pure profit now.
It is a good bet on my view.
83.
Post 5189946 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
might send a massive wire to gox tomorrow. it's hard to resist! fiat on gox though *shudder* this could go SO wrong.
I am 5 digits USD on Gox and stuffing all i can on BTC since yesterday.
This is the best buying chance we will see in years.
Makes sense to me. Either Gox is insolvent and you lose (almost) all. Or they get their act together and you'll get very cheap coins.
I wouldn't risk it, but once you're knee-deep in GoxBux you might as well try to make the most of it.
There's a GoxCoins/BTC exchange going on now, valuing them at roughly 0.7 each. If sold on Bitstamp, that'd be $635 per BTC as of now, so an effective GoxCoin value of $444.50.
The Gox price is ~$315 as of this post.
So it makes *absolutely* no sense to be holding GoxBux ATM, you can make over 50% on your USD instantly.
It does make sense if Gox is not bust and next week we see 900, that's way more than your 50%.
Also it is a money I can afford to lose, I mined and bought a good amount of coins in the beginning of 2011, all there is on exchanges is pure profit now.
It is a good bet on my view.
If Gox returns to $900 it still makes no sense to be holding GoxBux, since they'll be worth LESS than dollar parity at that point instead of 50% more.
There is a reasonable argument for holding GoxCoins, though.
What I want to know is: where the hell are all the GoxBux coming from? Considering it's been making no sense to hold them for a while now, there should be none left to drive the price down.
You are right, that's why I said Im buying everything I can since yesterday, my bet is to stay on GOXBTC when gox resume withdrawals.
If they do resume withdrawals and Im on goxbux Im screwed, and if they don't release the withdrawals the only way out is through wire which I presume will get a huge bank run.
So it is a no brainer. The risk is high, but it is on these moments that you find the greatest deals.
84.
Post 5189993 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
The only explanation that makes sense: the Gox sellers are accounts which were used to fraudulently withdraw BTC using malleability attacks, and they know those balances will be invalid once Gox gets its shit together. So may as well maximize the panic to potentially buy cheap coins on other exchanges.
Did I nail it or what?
This makes a lot of sense.
85.
Post 5190059 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
The only explanation that makes sense: the Gox sellers are accounts which were used to fraudulently withdraw BTC using malleability attacks, and they know those balances will be invalid once Gox gets its shit together. So may as well maximize the panic to potentially buy cheap coins on other exchanges.
Did I nail it or what?
Yeah bro, this is obviously the only possible explanation.
*sarcasm*
This would make it harder to recover the attacks since the coins would be spread out in the wild.
86.
Post 5190212 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
Does it bother anyone else that MtGox used the wrong "effected" in their press release?
I missed that-- yes, bothered, and a bit sad.
Edit: Title reads: "Maintenance Announcement Effecting Bitcoin transfers![sic]"
Did you see that they corrected on the website news?
They are watching us...
87.
Post 5190376 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
So I wish I new how to show this, but I drew a line from the Dec 19 low on stamp to the Feb 9 low and it perfectly intersected the Feb 13 low, and it shows an upward slope.
This?
88.
Post 5190524 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.11h):
Does it bother anyone else that MtGox used the wrong "effected" in their press release?
I missed that-- yes, bothered, and a bit sad.
Edit: Title reads: "Maintenance Announcement Effecting Bitcoin transfers![sic]"
Did you see that they corrected on the website news?
They are watching us...
Holy shit... they are watching us
That means the guys working at the website are fully awake .. but still no news . And that ain't good.
Maybe they are killing time on a bitcoin subforum...
89.
Post 5196420 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.12h):
In the way I see, people holding money on gox was finally compensated with cheap coins, that's the benefits of goxing.
The bull market will resume gentlemen, and even stronger now.
90.
Post 5196592 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.12h):
In the way I see, people holding money on gox was finally compensated with cheap coins, that's the benefits of goxing.
The bull market will resume gentlemen, and even stronger now.
Thanks. With a post like this I can take comfort in knowing that it has NOT bottomed and a bull market is NOT starting. People are still too optimistic for a bottom to have happened, and for all the wrong reasons.
Kid, you are betting Gox is history, I am betting it isn't. Simple as that.
But don't be too stubborn, always have a course of action in case you are wrong.
Or you will be one of those who will be crying why they haven't saw the bottom when it was so obvious.
For me, if I am wrong I can always sell which I do if it hits my stop loss.
91.
Post 5197526 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.12h):
Wow, gox over 400 again? Maybe some people know a little more than others? (price indicates that Gox will be ok soon)
Wow, really?
I laughed pretty hard at everyone who believed gox is dead on monday. What a joke.
+1
I laughed and buy furiously on 250-300.
92.
Post 5228900 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.12h):
Great talk by Andreas Antonopoulos regarding the mess on Gox.
http://letstalkbitcoin.com/e85-mtgox-and-malleability/
93.
Post 5245919 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.13h):
What do you think of this.
Gox is still sending fiat withdrawals, there have been people receiving them throughout this time they have halted btc withdrawals.
If they are insolvent, would that not be in breach of Japanese law ?
Yes, if he is insolvent that can put him in jail.
By the way they are not insolvent, I think the price discount is due to the fact that nobody knows when the btc withdrawals will begin, the more we wait, more selling pressure will be.
94.
Post 5245996 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.13h):
What do you think of this.
Gox is still sending fiat withdrawals, there have been people receiving them throughout this time they have halted btc withdrawals.
If they are insolvent, would that not be in breach of Japanese law ?
Yes, if he is insolvent that can put him in jail.
By the way they are not insolvent, I think the price discount is due to the fact that nobody knows when the btc withdrawals will begin, the more we wait, more selling pressure will be.
This is what I think as well, Ive bet on it so we shall see.
+1
95.
Post 5258587 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.14h):
96.
Post 5265170 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.14h):
Meanwhile at Mt.Gox
97.
Post 5265325 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.14h):
Do you people expect the GOX price to move more than 50% when the withdrawals are enabled? Ha. The other exchanges will fall by at least 300%
Tell me, how can you fall more than 100%?
98.
Post 5268436 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.14h):
99.
Post 5268784 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.14h):
Will the price ever be $1k again on Stamp?
How long will that take? Wondering if it will be worth the wait. Why and when, or why not?
summerNext US debt ceiling debacle in March 2015.summerNobody have a damn clue.
100.
Post 5271755 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.14h):
101.
Post 5272383 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.14h):
Huge volume on gox and no lag.
Maybe now they finally implemented Midas! ;
102.
Post 5272800 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_12.15h):
103.
Post 9526365 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_13.31h):
Hey bitches, it's been a loooong time, ready for the next uptrend?
104.
Post 9526435 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_13.31h):
WTF is happening?
? china is crazy, i don't know what to do, and i need to sleep
Chill, the fun hasn't even started.
105.
Post 9526523 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_13.31h):
We're seeing some really huge dumps getting ravenously gobbled up. Fascinating stuff.
Sometimes I think our colloquial metaphors have been poorly chosen.
Shorting on times like these feels like eating shit so the metaphor is very accurate.
106.
Post 9527104 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_13.31h):
Thinking of entering mayn...
Get in there. Its $431 already!
$448 on finex
Short squeeze.
107.
Post 9527168 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_13.31h):
5K Bitcoin bought in the last 11 mins on finex. Someone is entering.
I think this is forced liquidation from people who were shorting btc.
There is more than 10k Btc open on the short side on Bitfinex, will be fun to see them closing their positions to cover losses.
108.
Post 9527181 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_13.31h):
This made me remember when we broke 266 on gox/stamp/btc-e last year.
The exchanges were slowly eating their walls until everyone were on no man's land and we quickly rushed to 350.
I think I am getting old for this.
109.
Post 9530615 (copy this link) (by jatajuta) (scraped on 2020-04-04_Sat_13.31h):
Going down?
Looks like it.
Lame.
