All posts made by luigi1111 in Bitcointalk.org's Wall Observer thread
1.
Post 9858736 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.39h):
Still relatively confident that Bitcoin will remain above 1 billion market cap.
What do you guys think? Is 1 billion market cap going to hold?
Well it's not particularly close at hand; I'd be confident as well.
2.
Post 9870258 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.40h):
Man, why have I waited so long to begin following this thread?
3.
Post 9882640 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.40h):
...
I'm trying to figure out how introducing of shorting have changed the Bitcoin market. My guess is that leveraged trading should decrease amplitude of bubbles to the proportion of average leverage. So if most traders would go short/long 20:1,
then bubbles will be 20 times smaller.
IMO if most traders would go 20:1 leveraged, most traders would go bankrupt and then price would collapse.
Money doesn't disappear.
All the time.
4.
Post 9977484 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.42h):
It's official, bitcoin is a ponzi-scheme, the price is just gonna go down if more fools don't get in.
I wouldn't count $155 as "rich".
5.
Post 9986401 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.42h):
You can't split a Beanie Baby into 100,000,000 pieces and still have them be useful...
A Beanie Baby is not useful even in 1 piece...
6.
Post 10095775 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.45h):
When they allow trading to start shit is going to go crazy.
No commission is a big deal. Multisig even bigger
I have been speaking to a friend of mine who could be considered a whale.
He told me he is picking up 40k right now to prepare as the price is going to go through the roof.
I am going in on 10k right now myself.
If I he is wrong my wife will leave me.
Always good to bet your marriage.
7.
Post 10269451 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.53h):
"Usual stuff"
Hey, Lamby, you intrigue me. I know it's a lot to ask, but would you mind taking a break from your usual menial tasks to tell me a bit about yourself? You know, help me see behind the curtain, the real "you". Your story. How you discovered BTC. What intrigued you enough to trade it. Childhood memories. Etc.
Thanks in advance!
8.
Post 10269877 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.53h):
"Usual stuff"
Hey, Lamby, you intrigue me. I know it's a lot to ask, but would you mind taking a break from your usual menial tasks to tell me a bit about yourself? You know, help me see behind the curtain, the real "you". Your story. How you discovered BTC. What intrigued you enough to trade it. Childhood memories. Etc.
Thanks in advance!
That's just creepy, bro...
Shucks, I was looking forward to it...
9.
Post 10278781 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_13.53h):
Huh, this page has more 1's than my name.
10.
Post 10713020 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.03h):
Another Monday...
11.
Post 10730140 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.03h):
Auction coins went for a good price. All I can say on the subject.
Good = high
or good = low?
12.
Post 10941144 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.08h):
evo coins going to monero for mixing?
Makes sense since a mixer alone can't handle that volume of btc
XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.
13.
Post 10941372 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.08h):
evo coins going to monero for mixing?
Makes sense since a mixer alone can't handle that volume of btc
XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.
They are not trying rather they're succeeding.
Nice set of charts. What do they mean?
14.
Post 10941555 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.08h):
evo coins going to monero for mixing?
Makes sense since a mixer alone can't handle that volume of btc
XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.
They are not trying rather they're succeeding.
Nice set of charts. What do they mean?
Unfortunantly it exposes the attempt at using alts as a way to gather usd before the btc usd pump.
Why wouldn't you want BTC if there is a coming pump, rather than USD?
Beyond that, XMR's volume doesn't pass a basic sniff test.
15.
Post 11296636 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.14h):
I have a question about GBTC: If you buy a share, can you convert it to real bitcoin? (Maybe it sounds stupid, but I think it's important and not obvious because of this trend with "advanced trading assets" and other shit talk)
EDIT: And I support "The List" 100%!
That's what I believe too. That if you actually buy a share you actually buy the equivalent BTC amount. I don't have an account there, but I believe there should be an option to get your BTCs out if you'd like...
1 share doesn't continually represent .1 BTC, as there are fees. You can redeem in baskets of 100 shares (though I saw in one place that the "Authorized Participant" is not accepted redemption requests right now).
16.
Post 11359703 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.14h):
After reading your post it occurred to me that the fat blob con artist who ran Mintpal could conceivably have been behind many of the scam coins it listed. I assumed he only got away with the Bitcoins he stole from peoples accounts, but he could have ripped people off for far more if he was a "dev" behind multiple coins. We always had to trust Mintpal's voting system fairly decided which coin to list next, but it might have been fixed
Wasn't he a relatively recent arrival though? I remember Mintpal being a fine exchange once upon a time. If I remember rightly Mintpal con boy's notoriety started with Doge. The creator of that may have turned out to be a shrill knob, but he wasn't a con artist or that guy.
This thread dated July 28 says Mintpal had been sold to Moolah. The Moolah owner seems to have disappeared in October, which gave him two months to do anything he liked. I remember the switch to the new v2 website took a long time and was a total disaster, but he must have had a window of time in which he could have listed some of his own scam coins.
https://bitcointalk.org/index.php?topic=714650.0
17.
Post 11524711 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.16h):
What the hell. That's nuts.
I see what you did there.
18.
Post 12073587 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.22h):
@RJ
Yes we can wait, 10 years is nothing in life. I know from speaking to you privately that you're a young man too. I'm totally relaxed about the situation at the moment. Our ultimate goal is mainstream adoption, obviously if that does occur then the big prices will follow naturally.
We're still in accumulation phase. Every single satoshi counts at the moment. Stay calm & patient, we're in this for the long haul.
The HODLERS club is amazing, although it's full of pain and blood, but in the end, the sun WILL shine.
You sound like you have no real idea how this is going to happen - just a blind gamble that the rest of the world will somehow pick you to be the new elite.
How many wealthy people do you know who got wealthy simply by buying... money?
Not too many, but the ones I do know bought BTC (or other crypto).
19.
Post 12637481 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.27h):
wall street money pouring in.
Yup, currently 3.2 thousand dollars bids at Gemini, this looks sooo bullish...
The bid sum / ask sum ratio is about 20$, might be an insight into the future of bitcoin...
And those are probably just nerds from this forum "Taking Part in History!!!".
How do we link to Gemini's exchange (trading and books) information? Do we need to create an account?
Only institutional representatives can create an account, no?
I use this:
https://cryptowat.ch/gemini/btcusd/5minI think you anyone can open an account as long as they live in one of the US states currently supported.
AFAIK anyone can open an account; you just can't do fun things like fund and trade unless they're in your state.
In other news, I created an account yesterday, got the "we are not operational in your state yet". Then this morning, I received an email saying "we're operational in your state", but after logging in, I'm still getting "we are not operational in your state yet". I'm so confused.
20.
Post 12757590 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.28h):
Hard to imagine an (above poverty line) adult who never uses an ATM card in this, the Year of Our Lord 2015.
I never use an ATM card.
21.
Post 12863358 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.30h):
Well, six months ago 68% of the coins were already mined. Why wasn't the price ~$340 back then?
Didn't investor know then that, within six months, 70% of the coins would be mined?
Easy, because everyone wants to buy "at the bottom", so the bottom comes and sits there for an entire year while they look at the screen and say, "hmm seems pretty stable here, looks like the bottom is in, but I think i'll wait and see if there's a flash crash, then I'll buy some then". Then the train starts to leave without them and they realize they're a fucking idiot.
That and shorters are good at keeping the price from moving...until they fail and lose everything:
Hey now, who are you quoting?
22.
Post 12870129 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.31h):
Before we all get too excited at this price pump, there might be something shady happening right now.
I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.
I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.
It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.
Er, where have you been? Cryptsy's been having trouble for weeks.
23.
Post 12884226 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.31h):
No , this is unhealthy and violent rise... I would be happier with 1-2% steady gains a day for the next year
Do you know how "unhealthy and violent" 1-2% per day is/would be?
Let's take the square root of 2 for fun as the average: ~1.414%
(1 + ~1.414/100)^365 = ~16,800%
Starting from a (made up) base of $250, BTC would be ~$42,000 by this time next year.
24.
Post 12884319 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.31h):
No , this is unhealthy and violent rise... I would be happier with 1-2% steady gains a day for the next year
Do you know how "unhealthy and violent" 1-2% per day is/would be?
Let's take the square root of 2 for fun as the average: ~1.414%
(1 + ~1.414/100)^365 = ~16,800%
Starting from a (made up) base of $250, BTC would be ~$42,000 by this time next year.
sounds about right
>32,000$ in <2 years
Where do I sign?
25.
Post 12888657 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.31h):
When people say that no one can control bitcoins price and it's not decentralized, I feell like they are talking shit.
If someone have over 500 btc, they can easily manipulate the market in their advantage, imagine if someone have more than 500 btc, imagine 5000 btc.
Lets just see where things will go, I think we will get up to around 700-1000$/btc, and that would be very good for those who have hold their bitcoin for a long period of time. I bought some coins one year ago, and never sold any and I am still holding and waiting for a higher price, then I'll decide. But it's been tempeting from time to time, to sell, but then I would of have lost a lot of money.
500 btc is pocket change...someday it will not be but for now it is!
LOL good luck "manipulating" the BTC market with 500 only. You'll be firmly and totally ignored.
26.
Post 12898661 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
if we're going to reach my 520 target for tomorrow afternoon ( in ~24hours) we need to rise at a rate of 8 cent per minute
What if we reach $520 by tomorrow, should we get free beers?
if we hit 520 by tomorrow i won't have any bitcoins left for free beers.
I had 3 BTC. Should I buy them back here?
27.
Post 12898744 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
if we're going to reach my 520 target for tomorrow afternoon ( in ~24hours) we need to rise at a rate of 8 cent per minute
What if we reach $520 by tomorrow, should we get free beers?
if we hit 520 by tomorrow i won't have any bitcoins left for free beers.
I had 3 BTC. Should I buy them back here?
better than buying them back at 459.8
Yes but not as good as at $370.
28.
Post 12898778 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
if we're going to reach my 520 target for tomorrow afternoon ( in ~24hours) we need to rise at a rate of 8 cent per minute
What if we reach $520 by tomorrow, should we get free beers?
if we hit 520 by tomorrow i won't have any bitcoins left for free beers.
I had 3 BTC. Should I buy them back here?
are you confident that it's going up? buy now
i wouldn't
I think if I was confident it was going up I would've just bought instead of asking.
29.
Post 12898877 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
if we're going to reach my 520 target for tomorrow afternoon ( in ~24hours) we need to rise at a rate of 8 cent per minute
What if we reach $520 by tomorrow, should we get free beers?
if we hit 520 by tomorrow i won't have any bitcoins left for free beers.
I had 3 BTC. Should I buy them back here?
are you confident that it's going up? buy now
i wouldn't
I think if I was confident it was going up I would've just bought instead of asking.
fair enough, i just hope you don't make your decisions based alone on the comments here
That would be entirely too reasonable.
....
Adam, if you change the poll to ask "Should luigi1111 buy his 3 BTC back @"
0. Any price, just do it NOW!
1. $410
2. $440
3. $370
4. Hold FIAT
...I'll do it.
30.
Post 12898920 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
there you go, 390
Haven't bought yet, waiting on the Wall Observer "signal".
31.
Post 12905285 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
Does anybody know the fee that they have to pay in order to bid?
Looks like you had to place a deposit rather than pay a fee. I guess otherwise they'd be swamped with reddit morons for the lulz.
You're right, I thought there was a fee, but didn't read that page. I thought they charged the losing bidders at least the value of the bank transfer fee to return their deposits, but that page doesn't mention it. The Feds must pay the bank transfer fees out of all the money they got for the Bitcoins.
AFAIK they pay the deposits back with ACH, which costs nothing or close.
32.
Post 12905349 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
... And that there is no evidence that "institutions" have ever tried to "move [bitcoin's] price in a coordinated way across multiple exchanges".
Jorge, the conspiracy theories
must live on!
33.
Post 12905354 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
bitcoin is not a holly ledger, and yes there is much improvements to be made at its core.
Christmas is coming up though...
34.
Post 12905963 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
Oops! I bought back a $373.99. Down we go!
35.
Post 12906403 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
Oops! I bought back a $373.99. Down we go!
Sold at $375.64. Went from 3 BTC size to 4 BTC!
Adam, when should I buy back?
36.
Post 12906662 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.32h):
Oops! I bought back a $373.99. Down we go!
Sold at $375.64. Went from 3 BTC size to 4 BTC!
Adam, when should I buy back?
Buy back at $373.98
Your name doesn't appear to be Adam, Mr. Gee.
Also price is lower than that now...IS IT BUY IMMEDIATELY TIME??
37.
Post 12930859 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.33h):
In case you people haven't noticed, we have a bit of a pest control problem with a user formerly known as NotLambChop/lambie who's creating a flurry of newbie accounts to troll the shit out of us.
There's even a list which we sort of gave up on, but if we post the newbie trolls in there it might get updated.
https://bitcointalk.org/index.php?topic=1019752.0Are we to assume his Junior Member 'yolalanda' account (or whatever it was) is now perma banned?
It must be why he's creating all the new one's?
It's about time he was banned. This forum does have a problem with troll accounts, worst I've seen on any forum.
it was monero holder which trollolololing all the thread in this forum. the same troll bear here with the name of "yourmother" is a known troll which hold monero
Hmm, would you mind backing this up with evidence (any at all will do, even circumstantial)?
38.
Post 12931481 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.33h):
In case you people haven't noticed, we have a bit of a pest control problem with a user formerly known as NotLambChop/lambie who's creating a flurry of newbie accounts to troll the shit out of us.
There's even a list which we sort of gave up on, but if we post the newbie trolls in there it might get updated.
https://bitcointalk.org/index.php?topic=1019752.0Are we to assume his Junior Member 'yolalanda' account (or whatever it was) is now perma banned?
It must be why he's creating all the new one's?
It's about time he was banned. This forum does have a problem with troll accounts, worst I've seen on any forum.
it was monero holder which trollolololing all the thread in this forum. the same troll bear here with the name of "yourmother" is a known troll which hold monero
Hmm, would you mind backing this up with evidence (any at all will do, even circumstantial)?
hello monero hodler...
sure i will show the proof here is your monero friend's post
https://bitcointalk.org/index.php?topic=178336.msg12876591#msg12876591then check what coin he has attacked... all
anon coin that he attack except monero.
Please tell me you've already capitulated. We need you to reopen shorts when it actually does roll over.
and i cannot enjoy profiting from this. Bitcoin doubled from the point where i bought, but my altcoin went down 50 percent. If i sell my altcoin so i can dump Bitcoin, then there's a big possibility of seeing 220$ per BTC in the future (of course, after the ponzi collapses), but my altcoin doubling in price (regaining its former value) in the meantime.
Can't do much
Oops, that's BTS.
39.
Post 12939796 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.33h):
I guess I did ok not buying back then...
...or is the bounce imminent?
40.
Post 12948521 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.33h):
Like I have stated before, too fast a raise is no good. 25% every 30 days is fine by me.
Oh yes! This is definitely a "good", "healthy" rate of price appreciation.
See you next year this time at ~$4,400 and the year after at ~$64,000.
Shoot by the end of 2018 we'll be at the $1,000,000 that we all dream about!
Where do I sign?
41.
Post 12948685 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.33h):
Like I have stated before, too fast a raise is no good. 25% every 30 days is fine by me.
Oh yes! This is definitely a "good", "healthy" rate of price appreciation.
See you next year this time at ~$4,400 and the year after at ~$64,000.
Shoot by the end of 2018 we'll be at the $1,000,000 that we all dream about!
Where do I sign?
you didn't sign up already?
I never bought those 3 BTC back. Turns out I made a decent decision for once. But what I really want to know is: Are we going up or down from here!?! (hey, my 3 BTC are now almost 5!)
42.
Post 13551235 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.40h):
its all about the probability of an orphan block. if we could minimize that probability it would be a big step in the right direction. maybe we should diminish the advantage of 0 tx blocks by making all blocks equally large no matter how much real TXs are in there. so every block would have the same disadvantage of a full block no matter if those are TXs or just some clutter to fill up the 1MB or 2MB
The reason there are one transaction blocks is that the
miners don't know which transactions which are in the mempool are valid. The minute you add a minimum requirement, miners will just fill it with dummy transactions they know to be valid but are not in the mempool. You gain nothing but waste space.
Not sure what you mean here... The mempool is, by definition, the set of transactions a node has received and validated, but have not yet been included in a block, right?
Maybe I am missing some context or something?
I think he means "valid to include in the next block", because they don't (yet) know which ones were included in the header they are building on.
43.
Post 13997614 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.45h):
Has anyone seen ANY tweets or statements by Core bigshots in support of this miner agreement? I haven't seen any and I've been looking. I think it's strange because the agreement would doom Classic if ratified.
I suspect the whole damn thing was just another delaying tactic, something we should have come to expect by now from BS et al.
Then why hasn't Core publicly denounced the consensus?
EDIT: Peter Todd doesn't like it because he thinks SW ought to be a hard fork. I actually kind of agree with him on that.
Can you link relevant quotes?
44.
Post 13997748 (copy this link) (by luigi1111) (scraped on 2020-04-04_Sat_14.45h):
Has anyone seen ANY tweets or statements by Core bigshots in support of this miner agreement? I haven't seen any and I've been looking. I think it's strange because the agreement would doom Classic if ratified.
I suspect the whole damn thing was just another delaying tactic, something we should have come to expect by now from BS et al.
Then why hasn't Core publicly denounced the consensus?
EDIT: Peter Todd doesn't like it because he thinks SW ought to be a hard fork. I actually kind of agree with him on that.
Can you link relevant quotes?
Oh, well I saw that long ago. I thought maybe there was something recent/since the Consensus letter thingy?
