All posts made by RoadStress in Bitcointalk.org's Wall Observer thread
1.
Post 3571580 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.23h):
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How do you get the ATH alert?
2.
Post 3572959 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.23h):
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How do you get the ATH alert?
watch it when there is an all time high.
edit: like now!
Doesn't come up for me.
3.
Post 3573077 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.23h):
...
How do you get the ATH alert?
watch it when there is an all time high.
edit: like now!
Doesn't come up for me.
do you have java and flash and all that crap? it works if you do on firefox.
Flash yes, java hell no.
4.
Post 3597092 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.23h):
Will someone explain to me the ChartBuddy? Search function isn't helping me.
5.
Post 3613212 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.24h):
Will someone explain to me the ChartBuddy? Search function isn't helping me.
kay got it, shame on me for expecting to get it spoon-fed.
English? Still nobody told me about the ChartBuddy.
6.
Post 3613666 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.24h):
Will someone explain to me the ChartBuddy? Search function isn't helping me.
kay got it, shame on me for expecting to get it spoon-fed.
English? Still nobody told me about the ChartBuddy.
The green lines show the bids (how many bitcoins people are willling to buy at what price, cumulative starting from highest price), the red lines show the asks (how many bitcoins people are willing to sell at what price).
The difference between Chartbuddy and the other "wall" pictures is that chartbuddy shows the difference over time (hence the 3D image).
The bitcoin price is the place where bids and asks meet, so the "valley".
[/quote
Thank you.
7.
Post 3625111 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.24h):
I have heard price was not sustainable since $13/btc, and guess... we are at $640 and going up, and price will be sustainable at $1000 and $10000 because more people are buying that selling, that's pure logic.
Do you know how much USD/day it will cost to sustain a price of $640? Or $1000? Have you done that math? You do know that BTC is still inflationary, right?
3600 bitcoins per day * 640=2m$ per day to sustain it?
8.
Post 3625141 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.24h):
3600 bitcoins per day * 640=2m$ per day to sustain it?
At least. That's new money, based entirely around speculative movement, not
utility.
Do we know how much money per day we had the last 3 weeks? 2m$ per day doesn't seem too much with this rapid increase. Many walls were eaten and if we consider that not all mined coins will sell the same day then it's a lot less.
9.
Post 3625212 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.24h):
3600 bitcoins per day * 640=2m$ per day to sustain it?
At least. That's new money, based entirely around speculative movement, not
utility.
Do we know how much money per day we had the last 3 weeks? 2m$ per day doesn't seem too much with this rapid increase. Many walls were eaten and if we consider that not all mined coins will sell the same day then it's a lot less.
No I don't believe that $2m/day was a serious issue these past few days/weeks, but that's the nature of a bubble, everyone is rushing. But the more that rush in the more money it costs on a daily basis to sustain it and eventually, the new money won't feel safe. When that happens, the slow and steady decent will begin, or it'll come tumbling down.
Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?
10.
Post 3625254 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.24h):
Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?
Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?
It seems that the most of the traffic comes from China. I bet you don't know anything about China and why are they using Bitcoin right now. Until you find out you can't emit any statement
because you just don't know. There can be several reasons. Maybe the communist party doesn't allow people to have more than X amount of cash on their possesion, maybe it's hard to move money there, maybe maybe maybe.
Edit: made a quick google search and found this "China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country" So there is a real use there if that's still the case. I bet there can be many more that for us maybe are useless.
11.
Post 3759632 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_11.30h):
Will someone explain me why at over 30% increase in price in the last 7 days at bitstamp and over 50% increase at mtgox people are still selling big time? What's the logic there? Why not hold?
12.
Post 5484851 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_12.23h):
Where is the guy that was happy to send 50k$ via OKPay to MtGOX? How are you feeling now and what are you doing to recover your money?
13.
Post 6965659 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_12.47h):
540 retest required?
Required for what?
Required to hit a new and bigger ATH!
14.
Post 7102939 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_12.50h):
This time last year I was mining 3BTC a day on a single Avalon B2.
Things change incredibly quickly in this game.
bitcoin miners are a dying breed. it's really getting tough to deal with the heat.
Dying right after my first 1 year celebration? No way!
There are ways to deal with the heat. We have a Hardware colocation thread here for people who can't deal with the high power and the heat:
https://bitcointalk.org/index.php?topic=622998.0
15.
Post 7261188 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_12.52h):
what is happening at bitstamp is very fishy.
Didn't you think the KYC was fishy enough? These are the signs of an exchange in trouble. It has happened before, and will likely happen again. You have all been through it before, but can you act on it? Time will tell. My coins have left stamp for now.
Every bank in the world has KYC and they aren't in trouble. I would say that NOT having KYC would mean that they are in trouble because this way they can attract more customers than with KYC. Your logic is beyond me...
16.
Post 7684805 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_12.57h):
What about miners paying power bills?
If someone could be so kind as to find out what KnC and Bitfury/MBP/CEX/GHASH.IO are doing with their mined coins, I'd love to know. And by find I out, I mean actually find out, not this OTC sales wishy washy bullshit I keep hearing.
KnC stated that they sell all the mined coins.
As for Bitfury I don't know, but they just got a 20M$ investment so I'm thinking that they don't need to exchange mined coins to pay for power+expanding for a while.
17.
Post 8880491 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_13.14h):
Up!
18.
Post 8899996 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_13.14h):
Up!
I have a question for people who bought in October/December last year and sold on this dip: How is this dip any different from the one on 17 December when the exchange rate was ~380$? Why sell now and not back then? What about the $343 dip in April? What's different now?
19.
Post 8900152 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_13.14h):
Up!
I have a question for people who bought in October/December last year and sold on this dip: How is this dip any different from the one on 17 December when the exchange rate was ~380$? Why sell now and not back then? What about the $343 dip in April? What's different now?
Your scenario is NOT very clear...
But you are suggesting people who bought at the high in the $1,100 territory selling NOW, but NOT selling on December 17.
I doubt that there are very many people who meet that narrow category who may have done nothing between then and NOW and just HODLed for 9 months then panicked... sounds a little ridiculous and like you are just trolling or attempting to engage in unnecessary provocative and unproductive drama regarding answers that you could easily figure out yourself with a little bit of attempt at empathizing (by mentally putting yourself in those kinds of shoes).
Yes you got it. I don't think that this scenario is so narrow. Here is another one. Anyone that bought between 22 December and 20 March and hasn't sold on the big April dip, but sold it at any other point after April. There must be some...
20.
Post 9328936 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_13.26h):
QFT because you seem to think $200 and $100 BTC is coming.
I am telling you sub $330 BTC will never happen again. If it does I will never post in this thread again. Huge pumps are incoming in the next few mins / hours.
By Monday, you'll agree with me.
As a miner I couldn't be happier! To da effing moon!
21.
Post 9596875 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_13.33h):
Ripple Sidechains will blow everything off very soon.
FTFY!
22.
Post 11862474 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.20h):
<image snipped>
Current trendline
Can anyone explain to me the numbers below Bitfinex BTC/USD thing from the quoted post picture?
I see that first line is 24000 26.919 336 4326. I'm guessing that the 26.919 represents bitcoins, but what about the rest?
Thanks.
23.
Post 12262753 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.25h):
Hm, why are people euphoric about BIP100 superseding BIP101?
AFAIK, there is no implementation yet of BIP100, and its details are not even fully specified. (Is there one?)
For me this shows the level of chaos that's present in this ecosystem. Luckily this is a very fast and innovative system and things will improve faster and better than in other systems. This is the first attempt of the ecosystem to learn and reach consensus. It needs time to learn how to deal with these situations. But for now there is chaos.
Because BIP101 is broken.
Why?
24.
Post 12405983 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.26h):
JorgeStolfi is a special breed. He doesn't fully understand Bitcoin and he likes to argue.
Bitcoin was created to be a currency, not another speculative asset- and dividend-free investment fund (or pyramid scheme, its more honest name).
Who are you to state that bitcoin was created to be a currency? Are you Satoshi?
Bitcoin is a protocol.Economists have know for 500 years that a currency must have some inflation, otherwise people will hoard it and it will not be available for use as a currency.
Yes. Let's apply things that were used 500 years ago because we are too laze to innovate them. Good advice!
You cant use a wallet every time you want to think about the price of something. "Is 0.00023 Foocoins too much for a cup of coffee?" "Is 0.03 milliFoocoins more or less than 3200 Footoshis?"
The smallest unit of the currency should be worth maybe 1/10 of the smallest thing that is worth buying separately.
So if you can't do something then nobody should do it? Where is the logic in that? Considering that this technology is only a couple of years old then it is normal to take a bit of time to develop the best tools to use it. In the future the wallets will be much smarter than today. Just like you refrigerator, but not like you.
You have been with us since 2013, nobody calls you up for interviews, nobody really cares what you have to say...so just admit that your attempt for some fame has failed yet again.
Let us be! WE NEED NO STINKING COMPUTER SCIENTIST HERE!!!!!!!!
It is free for him to keep trying. Also fun for us to see him failing over and over!
25.
Post 12488428 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.26h):
So many narrow minds in this topic. Can't you think of anything else than ROI? I understand that this is top priority in everyone's life, but you just can't apply it to EVERYTHING.
26.
Post 12862109 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.30h):
How is trollfi explaining this one?
Has the MMM ponzi also reached finex & stamp
He is preparing another retarded post...
27.
Post 12873465 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.31h):
Enough blazing!
28.
Post 13137512 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.36h):
29.
Post 13220464 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.37h):
I don't get what drives the price.
I don't get why we're below $4K.
People are stupid, I guess.
Let's aim 7k$ so I can sell at 6k$!
30.
Post 14098930 (copy this link) (by RoadStress) (scraped on 2020-04-04_Sat_14.46h):
core is provoking a contentious hardfork with their silly behaviour. even if you are convinced that 2MB is unnecessary you should do it because the civilwar is much more dangerous than a hardfork.
Why should core provide a 2MB block size? Because users are too lazy to read the fucking manual on how fees work and act accordingly? Why should Core put a burden on the network maintainers in order to please the dumb users who can't be disturbed to learn about the fees?
