All posts made by chesthing in Bitcointalk.org's Wall Observer thread
1.
Post 5665862 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_12.26h):
Belfort no buy bitcom. Beltfort SMART = he buy LTC
Belfort sell LTC best. caused by not anonymous creator, open develop scrypt, better past story with NO drugs and hookers trade
LTC take over bitcom
dont think Belfort would have been interested in a hooker and drug free currency/system
Belfort NO like hooker money. Belfort want cleaner money = more money. then buy hooker with money.
Who let Frankenstein in the house?
2.
Post 5839508 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_12.28h):
Fuck me, i blame it on those 350ug acid tabs, but i´m feelin bullish for
BTC again.
I hope i won´t get burned for all that love about BTC(price).
Just bought 30 new coins.
If we go below 490$ i will never post again, promised.
Your kidding right? a collapse now into the $100s would be the ultimate irony lol.
3.
Post 5840449 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_12.28h):
I was typing the same response as you faps but you beat me. The assumption in the responses is interesting, shows the bulls are very touchy and defensive.
4.
Post 5933442 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_12.29h):
Why does anyone care about China at all?
A dead Chinese btc market is a good thing, and it should have been factored in already.
Denial
5.
Post 5940701 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_12.29h):
It's simple. Buy Bitcoin now with fiat, buy alts with that BTC and get 1000% fiat profits in few weeks/months
Alts don't profit over time, a select few spit and sputter profits than crash. Otherwise they just lose money.
6.
Post 6159609 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_12.35h):
I think the poll needs to add pissed off and sick to your stomach.
I already sold in the $500s but if I still held that's what I'd be feeling. All I have left is about 60k Hirocoins mined and earned trading, and I still feel a bit of the above can't imagine what it would feel like to hold a bunch of $700+ coins.
7.
Post 12888198 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.31h):
All this and the price is still over 7% higher than it was 24 hours ago. Let's see if we can actually get a red daily candle for a change!
Be careful what you ask for, will be in the $300s in minutes.
8.
Post 12888281 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.31h):
Good 'ol pump n dump bitcoin, sometimes things never change.
9.
Post 12942279 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.33h):
Yeah this is a bit depressing after such a good increase last week. Welcome to Bitcoin
Before every single fucking auction, we have had a Bitcoin pump, followed by a massive dump....
.....but if those of us incapable of ever learning (that's me), will never learn.
Only consolidation is, that after such a big fucking crash, there must SURELY be some kind of counter rally....I hope....lol
Hasn't crashed yet, below $200 - then it's a crash. Anything above $300 is much better than the avg 2015 price.
10.
Post 12942898 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.33h):
My prediction is it will run sideways for a few hours at $330-$340 then another big dip down below $300.
11.
Post 12943057 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.33h):
ohhhhh bitcoin.. lmao
Is it just me or do all those huge red candles resemble fuck-you fingers?
12.
Post 12943097 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.33h):
$2xx is coming.
13.
Post 12943334 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.33h):
When does China wake up?
14.
Post 12943586 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.33h):
Sung to the tune of "let it go" (Frozen)
Let it go, let it goooo being broke never bothered me anyway.
15.
Post 12943635 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.33h):
$2xx is coming.
Ahem, like I said.
16.
Post 13053861 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.34h):
Does anyone here ever actually talk about the price movement?
Hard truth: Nobody here knows anything more than you. Charts are a waste of time.
17.
Post 13053914 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.34h):
Another trade opportunity.
I covered half and holding the rest and will see what will happen.
Hard truth: Nobody here knows anything more than you. Charts are a waste of time.
Hard truth you need to know who to read chart b4 you start trading bitcoin.
Nah, I'm pretty sure you and your charts aren't any better off than some bum off the street who never heard of btc - but if it makes you feel better keep analyzing.
18.
Post 13053962 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.34h):
Another trade opportunity.
I covered half and holding the rest and will see what will happen.
Hard truth: Nobody here knows anything more than you. Charts are a waste of time.
Hard truth you need to know who to read chart b4 you start trading bitcoin.
Nah, I'm pretty sure you and your charts aren't any better off than some bum off the street who never heard of btc - but if it makes you feel better keep analyzing.
why was there so much buyin at 500? because everyone sucks at TA and they end up panic buying and then its gone.
if have some idea how to draw lines on charts you should be able to make a few bucks flipping BTC/USD
Ever heard of fake volume? that's when some guy on an exchange bats his own 100 or so btc back and forth, over and over and over to himself. Very easy to do with no trading fees like Huobi, for instance. Gee, isn't that the exchange that drove that pump?
Little look at your post history looks like you are a bulltard that thinks we are going up up up. I think you are wrong, but you know what? toss a fucking coin because wtf knows.
19.
Post 13062555 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
3500 new bitcorns being created every day. Who's gonna buy this shit over the next few months at $300+? I'm gonna sit on the sidelines and watch for awhile.
20.
Post 13062630 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
It just keeps falling and falling
Welcome to bitcoin, that's mostly what it does.
21.
Post 13062635 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
3500 new bitcorns being created every day. Who's gonna buy this shit over the next few months at $300+? I'm gonna sit on the sidelines and watch for awhile.
Maybe same people who've been buying them for past few years
Ah, so those who bought these coins at pennies are now buying them at $300+. Thanks Einstein, I get it now.
22.
Post 13062722 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
3500 new bitcorns being created every day. Who's gonna buy this shit over the next few months at $300+?
People who need to move money around the world cheaply, or outside the banks, governments and other 3rd party controls.
Ok, so bitcoin is useful for moving money. That doesn't answer my question of how it will support the current price and absorb 3500 new coins/day for the next 8 months.
23.
Post 13062759 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
3500 new bitcorns being created every day. Who's gonna buy this shit over the next few months at $300+?
People who need to move money around the world cheaply, or outside the banks, governments and other 3rd party controls.
Ok, so bitcoin is useful for moving money. That doesn't answer my question of how it will support the current price and absorb 3500 new coins/day for the next 8 months.
your neurons don't do connections that easily do they?
No, you need to help me. What's different from the entire year price at $230 avg and now?
If you say the halving, which is 8 months away, you need a kick in the balls for being so stupid. It's too far away.
24.
Post 13062790 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
No, you need to help me. What's different from the entire year price at $230 avg and now?
... about $90?
20k or more TX per day and probably a few million more users and HODLers ... duh, it's the network effect stupid. Bitcoin has insane monetary inflation and yet the price keeps going up year-on-year, do the math you dimwit.
According to my math, it's gone down HUGE over the last 2 years. Dimwit.
25.
Post 13097638 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
I wish I had got into Bitcoin before that. I only got into it after the 'ATH' was over and it was in the news, then it took ages for me to find this forum and realize its significance. I experienced little rallies like the one to 660, and this latest one to 500, but the 'ATH' rally must have been awesome to experience.
It was a rather surreal experience. I kept a window open to watch the never ending all time high graphic popping up time and time again. Every time I woke up it had smashed a seemingly inconceivable price once again. I recommend it as long as you have all the coins you want.
It must have been stressful deciding whether to sell, and when to. After the 'ATH' it crashed down to 600, then went back up to 1000 very fast. Those sort of violent price movements can either make you a fortune, or lose you a fortune. The crash and bounce from 500 after the latest rally was stressful enough.
Those gains were unrealised unless you sold. Yeah, it must have been great to watch the value soar, but how many actual holders sold? vs the scam pumpers that did the pump/dump?
26.
Post 13097751 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
Those gains were unrealised unless you sold. Yeah, it must have been great to watch the value soar, but how many actual holders sold? vs the scam pumpers that did the pump/dump?
Unrealised unless you sold *and* managed to cash out. Remember that Gox had frozen fiat withdrawals. If you were lucky or had decent spidey senses, you were using a different exchange but for many, even if they "won", they lost.
How much would that suck to be looking at 10x+ gains but not be able to sell your bitcoins? I can't imagine. Hope Karples rots in hell right next to Madoff.
27.
Post 13097885 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.35h):
...I experienced little rallies like the one to 660, and this latest one to 500, but the 'ATH' rally must have been awesome to experience.
As if one had a beautiful woman in bed.
Yeah, but the selling at the top is the cum shot - lots missed it.
28.
Post 13191364 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Just let me know when to dump this shit so I can buy the dump and repeat.
29.
Post 13196209 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Good morning Bitcoinland.
Still over $400. Let's see if it holds until the next leg up.
Up $30 and down $10 ain't a bad day.
Day's just begun, Jimbo.
30.
Post 13196276 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Good morning Bitcoinland.
Still over $400. Let's see if it holds until the next leg up.
Up $30 and down $10 ain't a bad day.
Day's just begun, Jimbo.
Depends on where you live
Pretty sure it's morning in Toronto. While Chinaman sleeps the white devil dumps.
31.
Post 13196358 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
I know there are plenty of bitcoin rally songs, but are there any good dump songs? if not, somebody with musical talent should get on it because we need one.
32.
Post 13196409 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
On BFX, it's almost as if someone pumped ~$5,000,000 to $10,000,000, just to gain a quick 5% and then dumped again.
A successful P&D like that is likely to be repeated, but the question is will it be for a higher buy in price, lower, or the same?
I think it's likely that it was for considerably more money and performed on multiple exchanges simultaneously. or it could just be the sum of many players acting independently. It's fun to think about.
Well, since you were threatening to do this with your 6 figures of bitcorns, I'd say you are a likely suspect.
33.
Post 13196453 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
i think when the usd goes down (finally gives up the ghost) that bitcoin will go with it. one gold coin will equal 32,000 bitcoins. that would give bitcoin and average price of about $1000.00, or roughly equal to 1/5 oz of silver.... thats *IF* anyone even wants bitcoins at that time. maybe since no one can send gold and silver through the internet. however, with the "blockchain blacklists" we still have to see how that works out.
Sell gold, silver, bitcoin and buy ammo. Lots of ammo.
34.
Post 13196490 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
$3xx incoming.
35.
Post 13196626 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
On BFX, it's almost as if someone pumped ~$5,000,000 to $10,000,000, just to gain a quick 5% and then dumped again.
A successful P&D like that is likely to be repeated, but the question is will it be for a higher buy in price, lower, or the same?
I think it's likely that it was for considerably more money and performed on multiple exchanges simultaneously. or it could just be the sum of many players acting independently. It's fun to think about.
Well, since you were threatening to do this with your 6 figures of bitcorns, I'd say you are a likely suspect.
No no no. I have a tradeable balance of over $100,000. But even that is with max leverage. I'm only playing with ~1 years salary. The bulk of my holdings are in cold storage. I WISH it was me. That would have been quite a windfall.
Ahh, I thought you meant 6 figures of bitcoin.
36.
Post 13196692 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.
37.
Post 13196893 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.
Sweet! Wished I could have caught 402.
Gotta set your buys before the price goes there, Pretty damn hard to catch falling knives.
38.
Post 13197087 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.
Sweet! Wished I could have caught 402.
Gotta set your buys before the price goes there, Pretty damn hard to catch falling knives.
You got that right. I'm up so I'm not complaining. I'm normally
2 bucks under the lows and miss em.
You are not the only one...
I figured it would touch $400 again, $402 seemed a safe bet. I got lucky (for once).
39.
Post 13197148 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Have some patience, order will get filled.
Yeah, but how high will it go before that happens?
40.
Post 13198736 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
all commodities are down, except of course...... bitcoin. ... that says a lot in itself. when the dollar finally gives up the ghost, and it will eventually, then value of bitcoin will collapse in purchasing power as compared with the new currency while metals will soar:
"The economy is collapsing. This is evident from the ongoing crash in commodities, especially the price of oil and natural gas. The consumer is tapped out." Retail Sales: It’s Going To Be A Slaughter -
http://investmentresearchdynamics.com/retail-sales-its-going-to-be-a-slaughter/bitcoin is not tied to the US$ in any way whatsoever ... that's just borked thinking right there.
take a look at all the other global trade of btc in europe, south america, eastern europe, asia ... when the currency markets collapse and banks lock up a la greece people will use whatever money they can
i disagree... bitcoin is valued in fiat currency. when fiat currency collapses what will bitcoin be valued in ?? 1 bitcoin will equal what ??
greece was still able to value their bitcoins in usd and euros.
It will continue to be valued in fiat, just at different price levels. Or are you really crazy enough to believe usd and euro could go to zero?!
41.
Post 13198907 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
If fiat does collapse to zero, I assure you the last thing on your mind will be bitcoin - it will be how the fuck am I going to survive this day?
42.
Post 13198989 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
Looks like it shrugged off $400 dump, up we go.
43.
Post 13199143 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Tell that to the buyers at $1100 Nov/13.
44.
Post 13199168 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Tell that to the buyers at $1100 Nov/13.
He doesn't have to. They proved it themselves.
Touche'
45.
Post 13199181 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
If you bought at $1,100.00 and managed to hold on to them all the way down, you're either a very long term believer in hodling, or you don't need to be trading.
Maybe some killed themselves and their bitcoin are still sitting in wallets, perhaps waiting to double in value next year?
46.
Post 13199235 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Tell that to the buyers at $1100 Nov/13.
... and the buyers at $266 April/13, and the buyers at $32 June/11 ... your point is ??
My point is don't count on others joining in when the price is really high. This theory has merit, until it doesn't.
47.
Post 13199294 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Tell that to the buyers at $1100 Nov/13.
... and the buyers at $266 April/13, and the buyers at $32 June/11 ... your point is ??
My point is don't count on others joining in when the price is really high. This theory has merit, until it doesn't.
noone knows what "high" is, relatively speaking, since the potential pool of buying funds is overwhelmingly massive and the supply of coins is limited and fickle sellers could dry up supply in an instant .... c'est la bitcoin, place your bets, don't whine if you get stopped out, left out or scammed, dyodd.
You certainly can tell if a price is high, by looking at the price chart. When bitcoin rose 10x in one month and 100x from the beginning of that year, THAT WAS A FUCKING HIGH PRICE!
48.
Post 13199394 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Tell that to the buyers at $1100 Nov/13.
... and the buyers at $266 April/13, and the buyers at $32 June/11 ... your point is ??
My point is don't count on others joining in when the price is really high. This theory has merit, until it doesn't.
noone knows what "high" is, relatively speaking, since the potential pool of buying funds is overwhelmingly massive and the supply of coins is limited and fickle sellers could dry up supply in an instant .... c'est la bitcoin, place your bets, don't whine if you get stopped out, left out or scammed, dyodd.
You certainly can tell if a price is high, by looking at the price chart. When bitcoin rose 10x in one month and 100x from the beginning of that year, THAT WAS A FUCKING HIGH PRICE!
you're still locked in a get-rich-quick mindset ... on linear scale $32 june/11 and $266 April/13 also looked F#$*& high prices! but on log scale are just blips on the great arc of bitcoin taking over networked global trade and commerce settlement ... it's all relative to time and price.
looking back down from $32,000 it will look like a bargain to get coinz at $1,100, but it might take a while. If you are here to whine about getting stopped out at $200, $300, $400 or whatever and complain about people killing themselves over digital bits because they didn't get rich fast enough don't expect any sympathy. After all it is only money, you can't take it with you when you die and if you're an unhappy whinging poor bastard you'll most likely also be an unhappy whinging rich bastard (even if you did get-rich-quick).
Who's complaining? i didn't buy bitcoin at $1k+, I'm talking about those who did. And yes, buying at the top at $1100 or $32 or $288 is really stupid, no matter how you want to justify it with long range charts.
Saying that, buying now isn't stupid at all, we aren't even 2x the avg price of the year. Knowing how stupid bitcoin buyers from the past pumps can be, this rise is nothing.
49.
Post 13199546 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.36h):
There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Tell that to the buyers at $1100 Nov/13.
... and the buyers at $266 April/13, and the buyers at $32 June/11 ... your point is ??
My point is don't count on others joining in when the price is really high. This theory has merit, until it doesn't.
noone knows what "high" is, relatively speaking, since the potential pool of buying funds is overwhelmingly massive and the supply of coins is limited and fickle sellers could dry up supply in an instant .... c'est la bitcoin, place your bets, don't whine if you get stopped out, left out or scammed, dyodd.
You certainly can tell if a price is high, by looking at the price chart. When bitcoin rose 10x in one month and 100x from the beginning of that year, THAT WAS A FUCKING HIGH PRICE!
you're still locked in a get-rich-quick mindset ... on linear scale $32 june/11 and $266 April/13 also looked F#$*& high prices! but on log scale are just blips on the great arc of bitcoin taking over networked global trade and commerce settlement ... it's all relative to time and price.
looking back down from $32,000 it will look like a bargain to get coinz at $1,100, but it might take a while. If you are here to whine about getting stopped out at $200, $300, $400 or whatever and complain about people killing themselves over digital bits because they didn't get rich fast enough don't expect any sympathy. After all it is only money, you can't take it with you when you die and if you're an unhappy whinging poor bastard you'll most likely also be an unhappy whinging rich bastard (even if you did get-rich-quick).
Who's complaining? i didn't buy bitcoin at $1k+, I'm talking about those who did. And yes, buying at the top at $1100 or $32 or $288 is really stupid, no matter how you want to justify it with long range charts.
Saying that, buying now isn't stupid at all, we aren't even 2x the avg price of the year. Knowing how stupid bitcoin buyers from the past pumps can be, this rise is nothing.
Be sure to let us all know when the next top is in..
I can't tell you that, but I can tell you if it goes 10x avg price of this year it's a stupid buy.
50.
Post 13206776 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
Alts are deader than a doornail, all eyes are on Bitcoin. Hopefully next year they take off again, sure miss the pumps.
51.
Post 13218863 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
Chinaman pumper kicking the hell out of the white devil dumper.
52.
Post 13219544 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
7:00am in China right now
53.
Post 13219748 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
I'm calling $500+ weekend. I sure hope it doesn't end in a crash, I don't have any meds to take -alcohol will have to do.
54.
Post 13219848 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
Wiping the the floor with shorters like
For sure - shorters getting slaughtered.
55.
Post 13219874 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
Huobi moving fast 2992 already
I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
56.
Post 13220046 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
I think Huobi will smash through 3k soon, it just touched it.
57.
Post 13220273 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
I don't see what's so special about today. An 8% up day within a wave of a consolidation period doesn't "male history".
This is a big fucking deal. 2 years of nothing but blah, and here we are proving the run to $500 wasn't just a pump/dump.
58.
Post 13220349 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
I don't see what's so special about today. An 8% up day within a wave of a consolidation period doesn't "male history".
This is a big fucking deal. 2 years of nothing but blah, and here we are proving the run to $500 wasn't just a pump/dump.
I thought that was already established given the volume and indicators over the entire past month. Especially the break from 320 and 370 were the final confirmations needed. This rally to 460 is just a technicality about exactly what the shape of this consolidation will be like. So TODAY is not a big deal. Maybe 2 weeks ago was a big deal.
So where do you see the price going from here to halving?
59.
Post 13220728 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
Why torture yourself with following the market and trading if you're going to just use 2%? I only trade(d) to strike it rich and make significant increases in my btc, and I still hate it.
Maybe he just isn't a brilliant gifted guru like yourself. You come off like a pompous ass. 1st world problems, being glued to a computer screen, such torture. Some people actually work for a living.
60.
Post 13227630 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
I have an immensely important question I want to ask since I was just told something, why does the price move the way it does?it goes up by 10-20$s then completely stops. And how much does it take to make it to 10$s plus?
Looking at the daily price and volume at Huobi, OKCoin, and other exchanges, I can see
(1) A gradual "exponential" increase in volume and price from about 2015-09-20 to the peak (~3350 CNY) on 11-04;
(2) A tumbling price and volume drop between 11-04 and 11-24 (down to ~2050 CNY);
(3) A very sharp increase in volume to a record high value on 11-24, that persisted until now; and a corresponding rally in price, by a rapid steady rise broken by several large jumps (to ~3150 CNY).
There was a partial crash today, to ~2800 CNY, but it is not clear yet how it will end.
There seems to be no certain explanation for these moves. (And it seems that no one wants to find out...)
My best candidate explanation for (1) is still the bitcoin-based MMM ponzi and copycats, mostly in China; amplified by day-trader speculation. The dates seem to match, the ponzi can easily move that amount of money, and the gradual "exponential" growth is consistent with the demand for bitcoins spreading among a new population of by "infection".
The crash (2) would then be the speculators dumping their coins when they realized that the primary demand had leveled off. Perhaps the ponzi saturated by 11-04, or participants ("lucky victims" and organizers) started to sell the bitcoins that they received.
The new rally (3) could be due to the same cause as (1); however, considering the much higher volume and the way it grew (suddenly rather than gradually), the cause is probably different.
Rally (3) may have been due to the crackdown by the Chinese government on the use of the Chinese state credit/debit card (UnionPay) to export cash for gambling and other purposes. The abuse seemed to be pervasive in Macau, the Las Vegas of China, which has a somewhat independent economy (like Hong Kong). Reports say that Mainland gamblers would go to Macau, pretend to buy merchandise at local pawn shops with the card, then pretend to return it for a cash refund (minus the shop's commission). That way they could bypass the card's limit on cash withdrawal. If that loophole was suddenly closed, it seems possible that the gamblers switched en masse to bitcoin.
A sudden jump in the price must be due to single person buying or selling a large amount of bitcoin in a short time interval. If the above explanation is correct, those may be exceptionally wealthy people trying to move their money out, or perhaps clandestine money transmitters providing that service for many smaller clients. Either way, the jumps seem to indicate that the price is determined by a relatively small number of players.
Your putting too much thought into this. People had a whole year to accumulate bitcoins in the $2xx range, whenever the price is in the mid $400s they can sell and double their money, and for every coin they sell they end up with a free one. It's gonna be a rough road to get past $500 because of this, but I think it will happen.
61.
Post 13230455 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
A dump near the $500 was expected. Traders painting a double top. Also, some people are expected to cash out before years end for tax reassons.
I was a little worried we where climbing very fast in the last few days, so dumps like these give me confidence we are not going to crash hard in the next leg up.
we should head back down to 395 fast and start another slowly climb immediately
- Knock knock.
- Who's there?
- Correction.
- How can I help you?
- I'm here to inform you that the train is leaving soon. Destination: Unknown
Nice.
62.
Post 13230528 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
Bitcoin moves across borders relatively frictionlessly and speedily (10 mins to hours not days). This creates lots of seemingly bizarre global arbitrage opportunities ... the same 9k btc can be sold on a western exchange and back being bid up in china within an hour. Large cross-border fiat settlements take 3-5 business days at best.
Chinese BTC is getting sold on Western exchanges? Shouldn't we be seeing a bit more (as in 'corresponding') volume if that's the case?
.... guess you missed the friday night dump in your razor-sharp focus there? 29k in 3 mins, probably some room for chinese btc in that flood.
So what you're telling me is bitcoin's blinding 10-minute transaction speed is instrumental in getting BTC super fast on western exchanges, where it is made to sit for days, until there's enough of it to crash the price if sold in one gigantic lump? The trick's to lose as much money as possible?
That's how arbitrage works? Help me out here.
It isn't arbitrage this way round - i think he's saying that the Chinese are prepared to take a hit just in order to acquire USD.
And
we also are taking a hit in order for them to do so. Unless you know the timings of course, which, as Jorge says, is best known by the exchanges themselves.
Why don't the Chinese just keep the money in BTC, which, according to Marcus_Ridiculous is the best store of value? Bonus: Reduced supply of BTC would drive price up. Why cash out to fiat toilet paper in the dumbest way possible?
And how does 'Bitcoin moves across borders relatively frictionlessly and speedily (10 mins to hours not days)' play into this?
And why wait & sell it as one huge chunk, are these people new to all this?
Because bitcoin can drop 20% of it's value in a day. Because bitcoin can't buy shit in the real world, really. Because bitcoin's value isn't guaranteed or protected by the government. Because bitcoin etc etc etc.
Bitcoin does one thing well, it transfers fiat - which is how it's being used.
Next question, hopefully more difficult to answer?
63.
Post 13231390 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
A dump near the $500 was expected. Traders painting a double top. Also, some people are expected to cash out before years end for tax reassons.
I was a little worried we where climbing very fast in the last few days, so dumps like these give me confidence we are not going to crash hard in the next leg up.
we should head back down to 395 fast and start another slowly climb immediately
- Knock knock.
- Who's there?
- Correction.
- How can I help you?
- I'm here to inform you that the train is leaving soon. Destination: Unknown
Nice.
Let's see the best meme of all time just once more tonight.
64.
Post 13231571 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.37h):
i would wish to go short for now, $400. i am not sure it will be.
let's see what happen if it did.
Yeah, probably should have done that last night.
65.
Post 13441588 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.39h):
Not really.
You've been dead fuckin wrong for awhile now. Maybe this market's gotten away from you.
66.
Post 13441728 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.39h):
I sure hope not. What is your take on the market?
To me it looks like $430-something is slowly turning into heavy resistance.
I think waiting for cheap coins right now is a mistake.
67.
Post 13441794 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.39h):
Exciting times for bitcoin - shorters may not have it so easy this year.
68.
Post 13441944 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.39h):
If I remember correct my last trades were: buy 315, sell 418, took a vacation, and then when I could I did short above 440.
I am not even sure what my exact entry is but I feel good about said position for now...
You've just summarized a massive amount of incorrect posts in your favor. Nice try. Anyone acting on your input at this point deserves what they get. You may or may not be talking your book, but either way I rank you with Kwukduck. Good day, sir.
69.
Post 14023975 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.46h):
it would be interesting if someone could do some maths to see about how much money it would take to pump bitcoin to 32,000$
32,000$ implies a market cap of ~488,160,000,000$
but obviously it wouldn't require 400Billion to pump it that high.
no way to know what kind of bid walls would go up along the way, seems impossible to predict as a result. would be one hell of a show, though.
for fun.
assuming about 1/2 of ALL the coins would be sold to the pumper along the way.
assuming these coins would be sold at an avg price of 10,000$
we need to see 76,275,000,000$ flow into the market in order to hit a high of 32,000$
76Billion dollarsThe only way bitcoin will ever come close to 32k is through honest to goodness mainsteam adoption - no pumper or pump group could ever come close. The pumpers would long since been bought the fuck out.
70.
Post 14200684 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
ETH market cap just lost 100 million. But no rise in btc?
Le me 'splain.
The same fuckin' bitcoins that startid the pump has continued the pump. There ain't no new moneys, get it? and the best part, it's the same fuckin bitcoin that was given to them in the ipo. Free money to pump their worthless fuckin' shit.
BRILLIANT.
71.
Post 14201177 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
ETH market cap just lost 100 million. But no rise in btc?
Le me 'splain.
The same fuckin' bitcoins that startid the pump has continued the pump. There ain't no new moneys, get it? and the best part, it's the same fuckin bitcoin that was given to them in the ipo. Free money to pump their worthless fuckin' shit.
BRILLIANT.
Nobody can ever call Vitalik anything other than brilliant. He's a bona fide genius.
I saw him speak at Decentral in Toronto back in January 2014, on the eve of the ETH IPO.. He was brilliant and almost had me convinced that giving him bitcoins for ethers would have been a great deal.
I looked into ETH, read the white paper and decided that while the concept of smart contracts and a decentralized P2P programming platform were ground-breaking, and the "ASIC-proof" mining algorith was impressive, something just didn't smell right about the business model.
I took a pass on the IPO. Needless to say, during these last few weeks I've come to question that decision as the price soared. I've always thought that Ethereum has great promise and it was only the way they marketed it that made me skeptical. Maybe I'll still consider buying some ethers once the inevitable crash occurs.
Well, he became a millionaire spinning his bullshit, so yeah, I'd say he's brilliant. That thing you smelled, btw, was bullshit.
72.
Post 14317664 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
All the in fighting and trolling is getting a bit too much lately. The way things are currently it looks like we don't all want the same thing which is bitcoin's price to rise right.
I hope to see some kind of consensus soon.
There will never be consensus. There will always be fighting and trolling. You'd better get used to it because this is the future of bitcoin. There will always be some minority like current big blocktards that want to take over bitcoin and ruin or cripple it. Bitcoin's price will rise despite all this!
Rise based on what exactly? a permanent conflict between users, miners and coders? a 100% chance of a network congestion failure before we get to the point we were at 27 months ago? the ability of the PRC to nationalize Chinese mines and execute as many 51% attacks as they want? SegWit TestNet results? What the hell makes you think it's going up and who is supposed to be doing the buying?
Pump it, and they will come.
73.
Post 14404542 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
Mammal's unite!!
THIS IS BITCOIN!!!Robert Metcalfe's net worth is 250 million. What's yours?
74.
Post 14505824 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
Yeah that's it. The US economy tanks, people will immediately look at the current shitcoin of the day ETH and the original shitcoin for survival.
Fucking idiot.
75.
Post 14506050 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
Yeah that's it. The US economy tanks, people will immediately look at the current shitcoin of the day ETH and the original shitcoin for survival.
Fucking idiot.
lol...lets see what happens to both coins over the next 8days...lol and i think you either butthurt or stupid to call ETH a shitcoin
#jealous
If it goes up it's because of people like you, not the gen pop who's dollar has suddenly become worthless. It will tank back to zero eventually.
For some reason you believe the avg person will suddenly give a shit about crypto in an economic collapse. Why?
76.
Post 14506225 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
Yeah that's it. The US economy tanks, people will immediately look at the current shitcoin of the day ETH and the original shitcoin for survival.
Fucking idiot.
lol...lets see what happens to both coins over the next 8days...lol and i think you either butthurt or stupid to call ETH a shitcoin
#jealous
If it goes up it's because of people like you, not the gen pop who's dollar has suddenly become worthless. It will tank back to zero eventually.
For some reason
you believe the avg person will suddenly give a shit about crypto in an economic collapse. Why?lol how did u get leg status!
You seem like one of those guys that bought btc at $1k+ and expect to sell a few satoshis for hundreds of dollars.
Seriously have you forgotten what happens before every decent pump in BTC...this news could be the boost btc needs.
As for why ETH...simply because its a gd coin, with major backing and when new people buy crypto, if they got $100, they choose to buy 10eth rather than 0.1btc. They see ETH as a cheap coin when you compare it to $400+ for 1btc. ETH has def replaced LTC as the second choice coin.
Shit, I must have just made legendary status - thanks for letting me know.
77.
Post 14506260 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.48h):
Yeah that's it. The US economy tanks, people will immediately look at the current shitcoin of the day ETH and the original shitcoin for survival.
Fucking idiot.
lol...lets see what happens to both coins over the next 8days...lol and i think you either butthurt or stupid to call ETH a shitcoin
#jealous
If it goes up it's because of people like you, not the gen pop who's dollar has suddenly become worthless. It will tank back to zero eventually.
For some reason
you believe the avg person will suddenly give a shit about crypto in an economic collapse. Why?lol how did u get leg status!
You seem like one of those guys that bought btc at $1k+ and expect to sell a few satoshis for hundreds of dollars.
Seriously have you forgotten what happens before every decent pump in BTC...this news could be the boost btc needs.
As for why ETH...simply because its a gd coin, with major backing and when new people buy crypto, if they got $100, they choose to buy 10eth rather than 0.1btc. They see ETH as a cheap coin when you compare it to $400+ for 1btc. ETH has def replaced LTC as the second choice coin.
Shit, I must have just made legendary status - thanks for letting me know.
lol , its kl now everything you said makes sense..
It must have happened between my posts to your idiocy - thanks for that.
78.
Post 15221981 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.53h):
Price is holding $685, wow. I expect the next leg up this weekend.
79.
Post 15222546 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.53h):
Ethereum's rise this year pales by comparison to past bitcoin rises. And anyway, I will never buy a single ETH - to me it's just another alt I missed out on. There are too many who feel the same as me for it to ever overtake bitcoin.
80.
Post 15222736 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.53h):
Ethereum's rise this year pales by comparison to past bitcoin rises. And anyway, I will never buy a single ETH - there are too many who feel the same as me for it to ever overtake bitcoin.
Huh? Are you talking about the very first one, from $17? Surely not the $1200 Willypump, which was only x10.
And, of course, both were obvious pumps, not like Ether's natural, organic growth that goes hand in hand with its superior technology.
You are comparing a coin market cap that went from nothing to $11b to one that went from $15m to $1b - alrighty then.
81.
Post 15223457 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.53h):
G'damn Ethereum shills gtfo. If you are looking for suckers to keep your sinking ship afloat just continue spamming the altcoin section.
82.
Post 15228483 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.53h):
If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO
83.
Post 15228510 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.53h):
If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO
$3200
$40k
84.
Post 15230011 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.53h):
Gold goes up 5% in the time bitcoin goes up 50%. What does that tell you?
85.
Post 15666255 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.55h):
Trump has a 25% chance at being pres. When Clinton wins what does that mean for the bitcorn?
86.
Post 15686724 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
The current poll, as usual, tells us how f'g clueless those here are. By far the highest number of voters say btc will be over $1k in a week, and the lowest number of voters at $650 will turn out to be right. Yes, this is an utterly worthless source of info as usual. Entertaining though!
87.
Post 15686819 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
The current poll, as usual, tells us how f'g clueless those here are. By far the highest number of voters say btc will be over $1k in a week, and the lowest number of voters at $650 will turn out to be right. Yes, this is an utterly worthless source of info as usual. Entertaining though!
It's not utterly worthless, it's an almost perfect reverse indicator of what the price will be in the future. If you bet on whatever price gets the lowest number of votes it's almost a guarantee you will win. The lowest number of votes probably gets it wrong less than 10% of the time.
When the poll started the price was in mid $600s, the handfull of schlubs who guessed right just guessed the current price. The rest have no more clue than I what btc is going to do next, unfortunately.
88.
Post 15687085 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
635 is coming
one last good drop before we continue on moving forward
thats my wish.
Wish bigger, gonna go in the $500s again.
89.
Post 15783198 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
Pretty obvious Olaf got sacked, and from the sounds of it for good reason.
90.
Post 15783616 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
I think he may end up flippin' burgers.
91.
Post 15792370 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
3:00am in China now.
92.
Post 15792452 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
Hopefully I can buy the bitcoins I bought at $450ish and dumped at $750ish back at $450ish today.
93.
Post 15862860 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
Sounds like just another inside job to me. Call it a hack and enjoy life in the caribbean.
94.
Post 15863060 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.56h):
They are all inside jobs. MtGox, Mintpal, Cryptorush, Cryptsy, Bter, what am I missing? other than Bitfinex...
95.
Post 15881758 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
That's still about 16 cents more then nothing, which is amazing considering they just pulled this thing out of their ehhhh... they made it appear out of thin air I mean.
It is indeed something. Just goes to show that people will trade anything as long it's on an exchange and has a number attached to it. I might issue my own ThinAir tokens.
On one page they say the tokens do not not waive any claims against finex, but on another they say transferring them transfers any claims against the Bitfinex Group to the transferee. If finex buys them all it can argue in court that there are no claims remaining against it for the hack.
https://www.bitfinex.com/bfx_token_transfersTo transfer a token to another person, a transferor must assign to the transferee any claims that the transferor has against the Bitfinex Group on account of the Losses.
By transferring a token to another person, all transferors thereby assign to the respective transferees any claims that the transferor has against the Bitfinex Group on account of the Losses.
https://www.bitfinex.com/bfx_token_termsThe token has been issued to you without reduction of or other release or waiver of any claims you may have against the Bitfinex Group. Similarly, the Bitfinex Group has not waived any claims or defences it may have under the Terms of Use or otherwise should you choose to assert any claims independent of the token.
Bitfinex announcement today says US customers can sell but not buy bfx tokens, so I think you are on to something. If I was a victim the last thing I'd be doing is selling these tokens.
96.
Post 15883042 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Withdrawal is on its way finally. Must have been the empty hot wallet.
Anyone in the US want to get in on this once in a lifetime opportunity to buy some BFX? These things are going fast. Only $1 each.
So how did this work - how many bfx tokens were victims given for each btc lost? and how are people from the US able to buy them?
97.
Post 15883503 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.
I like this development. Kraken really deserves more attention now.
PSA (with sad eyes)
!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!
How are traders supposed to make any money when they can't set sells and buys? personally I don't take that risk but I certainly understand why it happens. If traders can't operate in this environment bitcoin is finished - most of it's value depends on speculation.
98.
Post 15883543 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.
I like this development. Kraken really deserves more attention now.
PSA (with sad eyes)
!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!
How are traders supposed to make any money when they can't set sells and buys? personally I don't take that risk but I certainly understand why it happens.
How are traders supposed to make any money when the exchanges are getting haxored and coinz are getting stolen at regular intervals?
Do the math, trading coins is less risky than leaving coins on exchanges ... how hard can that be to understand?
HOW DO YOU TRADE EFFICIENTLY WITHOUT SETTING BUYS AND SELLS? YOU NEED TO KEEP FIAT AND BTC ON EXCHANGES TO DO THAT. fuck you are stupid.
99.
Post 15883640 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
HOW DO YOU TRADE EFFICIENTLY WITHOUT SETTING BUYS AND SELLS? YOU NEED TO KEEP FIAT AND BTC ON EXCHANGES TO DO THAT. fuck you are stupid.
You should use Bitsquare, the decentralized p2p exchange
Sure, there's just one Anon offering BTC for USD there, there's a 1BTC limit, and Anon was $20 over spot last I checked, but this way you won't be tempted to deal with him. Which means you lose nothing, just saved yourself 36%. Profit!
Think we'll test low 500s by tomorrow? Now that we know BFX doesn't need to buy any more B?
Bitcoin's price comes mainly from speculation rather than utility at this stage. You take the mental step forward on where we go from here, I've already done it.
100.
Post 15883813 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.
I like this development. Kraken really deserves more attention now.
PSA (with sad eyes)
!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!
not this discussion again...
Good Luck without active traders on a exchange... You heavily need active traders to get decent liquidity overall.
If you are a simple investor who buys once every 3 months it's different story for sure.
Who said bitcoin needs "heavily active traders"? ... as far as I can tell they are bunch of useless leeches.
Actually, useless leeches are those still left who mined bitcoins for free or bought them for a buck or less. Traders putting $600 into a coin once worthless is what makes it worth $600.
101.
Post 15883846 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
It's about adding liquidity. You think bitcoin would be worth fuck all without trading? I'm done arguing with an idiot, moving on now.
102.
Post 15894651 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
What, you think just because you weren't part of the bitfinex hack you are immune?
this shit's going down, for how long I don't know.
103.
Post 15895089 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
What, you think just because you weren't part of the bitfinex hack you are immune?
this shit's going down, for how long I don't know.
Have you always been bearish, or are you talking your book?
I don't know how you can speak with such certainty regarding the price direction of this market... overall we still seem to be in a bull trend.
Sure we can experience some downwards price movements here and there, including the news of the bitfinex situation, but it also seems to that the bitfinex situation has largely been resolved and we are in a holding pattern at the moment.. Surely bitfinex may not do too well from this fall out, and maybe they are going to need to create some trading incentives, such as lowering fees.. but they have not even re-opened their margin trading yet, which actually could create some increases in volume, maybe?
From here? Hm? I am kind of a sense that a 10% increase is more likely than a 10% decrease.. in other words, I am more inclined to believe that we are going to see $650 and above before we see $520 and below.. but I am not going to bet either way and I guess I am prepared for either direction.
Let's see who is right.
104.
Post 15895983 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
What, you think just because you weren't part of the bitfinex hack you are immune?
this shit's going down, for how long I don't know.
Have you always been bearish, or are you talking your book?
I don't know how you can speak with such certainty regarding the price direction of this market... overall we still seem to be in a bull trend.
Sure we can experience some downwards price movements here and there, including the news of the bitfinex situation, but it also seems to that the bitfinex situation has largely been resolved and we are in a holding pattern at the moment.. Surely bitfinex may not do too well from this fall out, and maybe they are going to need to create some trading incentives, such as lowering fees.. but they have not even re-opened their margin trading yet, which actually could create some increases in volume, maybe?
From here? Hm? I am kind of a sense that a 10% increase is more likely than a 10% decrease.. in other words, I am more inclined to believe that we are going to see $650 and above before we see $520 and below.. but I am not going to bet either way and I guess I am prepared for either direction.
Let's see who is right.
Of course, I am going to be right...
You are talking in terms of absolutes, and I am talking in terms that I believe that the odds are a bit more favorable to go up by 10% than to go down by 10% from this price point.
So, even if you happen to get it right and we happen to see $520 before we see $650, you are not talking reasonably (which makes me right.. hahahahahha). The ridiculous part about your phraseology should be apparent that there are no absolutes when it comes to the markets and predicting or describing the future... On the other hand, if we are talking about the past, then it is reasonable to talk in terms of absolutes.
Wtf drugs are you on? I want some.
105.
Post 15901048 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
What, you think just because you weren't part of the bitfinex hack you are immune?
this shit's going down, for how long I don't know.
Have you always been bearish, or are you talking your book?
I don't know how you can speak with such certainty regarding the price direction of this market... overall we still seem to be in a bull trend.
Sure we can experience some downwards price movements here and there, including the news of the bitfinex situation, but it also seems to that the bitfinex situation has largely been resolved and we are in a holding pattern at the moment.. Surely bitfinex may not do too well from this fall out, and maybe they are going to need to create some trading incentives, such as lowering fees.. but they have not even re-opened their margin trading yet, which actually could create some increases in volume, maybe?
From here? Hm? I am kind of a sense that a 10% increase is more likely than a 10% decrease.. in other words, I am more inclined to believe that we are going to see $650 and above before we see $520 and below.. but I am not going to bet either way and I guess I am prepared for either direction.
Let's see who is right.
Of course, I am going to be right...
You are talking in terms of absolutes, and I am talking in terms that I believe that the odds are a bit more favorable to go up by 10% than to go down by 10% from this price point.
So, even if you happen to get it right and we happen to see $520 before we see $650, you are not talking reasonably (which makes me right.. hahahahahha). The ridiculous part about your phraseology should be apparent that there are no absolutes when it comes to the markets and predicting or describing the future... On the other hand, if we are talking about the past, then it is reasonable to talk in terms of absolutes.
Wtf drugs are you on? I want some.
It is called making a serious attempt to employ facts and logic in order to try to come to meaningful projections about the future, rather than employing conclusory language that is not backed up by anything but black and white erroneous thinking.
You should try it, sometime.
I never said bitcoin price was going down and staying down forever. You have a reading comprehension problem, probably from all those drugs.
106.
Post 15924455 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Price tumbling what a surprise - oh wait, I did call this.
Not sure where I will buy back in, most likely at $499.
107.
Post 15924628 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
I can know much as you do, with my eyes looking at graph and thinking logically. (and reading facts on internet)
Right now you see shitload of FUD everywhere, fake news about bitcoin "dying slow death", new fake profiles, and bitfinex trash situation. Don't you just sense fear and uncertainty?
More facts:
- Trading bots love low price, they will buy fuck out of it once the long trends reverses
- First halving price&after
You see, bitcoin never touched that price again.
And right now, bitcoin price is lower than it was pre/post 2nd halving. And this is just because of bitfinex situation.
- Bitcoin is still developing tech.
It's good time to buy if you ask me. If you are not sure, wait 3-4 days.
you clearly have no idea about trading at all.
I mean there is not even a slight correlation with the 2012 halving and the price spike MONTHS after. All you do is interprete something into a price chart you simply wish is true.
Fact is there is no real influence to the price from the halving. No this time and not really last time. Yes it created some volatility.
Also: "Past performance is not an indicator of future results"
I think you are wrong on pretty much everything you say here.
108.
Post 15924883 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
assuming the Bitfinex debacle is over is mistake in my opinion.
You can't rip off that many btc whales and traders without some serious loss in buy support. Now that's just common sense.
109.
Post 15925690 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Damn Jay, you need help. At first I thought you were on drugs, now I think you need drugs.
110.
Post 15926693 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Damn Jay, you need help. At first I thought you were on drugs, now I think you need drugs.
You are probably reading too much into the matter, dumb fuck.
Well, I'm certainly not taking the time to read all of your long winded babblings - just enough to realize you are freakin' out there.
111.
Post 15934829 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
I preferred the high 700 eurphoria.
This is pretty shitty and I'm usually bullish but getting a bit pissed off. I will as usual keep hodling but halving done and not much coming up isn't looking that great. I wouldn't write off seeing the 400s again between now and Christmas.
Someone tell otherwise.
This bull isn't overly bullish at this moment in time.
If the prospect of sub $500 coins is pissing you off you are doing it wrong. While you were feeling all warm and fuzzy at high $700s, smart traders were dumping and waiting for sub $500 again. Unfortunately even if you play this game perfectly you can still lose your ass due to the unpredictability of exchanges. I tried to buy $10k worth of btc on coinbase sub $500, and their site was down. Kept trying and trying over an hour or so, finally bought some at $535. I don't want to get into wtf happened with poor bitfinex users but you get the point.
112.
Post 15978421 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
In bitstamp today, from 574 to 552 in 15min chart.
How is this possible?
Whale exiting maybe?
anyone have thoughts on what happened with bitstamp today? looks like a several hundred btc dump by single person to me.
113.
Post 15995326 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Sitting on 580 then, be nice if we could get over 600 early next week. Seems like forever ago we were last above 600.
Do you plan to dump coins at $600? if not, why does it matter?
114.
Post 16118148 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
And the central banks are saying what they're doing isn't enough...that they need to think up some more extreme measures because the market isn't "reacting" the way they'd hoped when they opened the floodgates.
Everybody who is somebody knows there is only 1 option. The monetary velocity has frozen; the debts are unserviceable; the only way forward is a giant revaluation of gold where all national currencies take a huge haircut in the process. Each nation can't simultaneously devalue against each other in a currency war because then you accomplish nothing if everyone does it. Instead of trying to rig gold in place and devalue against each other, they have to let gold float free and then re-integrate it somehow.
If you try to freeze gold in place and just print your way out of it, you get hyperinflation. If you let gold free float and then let it rise and re-integrate it in some manner, then you might be able to avoid the eventual hyperinflation outcome of printing to avoid deflationary collapse. It's kind of a situation where the writing is on the wall for the death of these fiat currencies, so they can either transition to gold and silver in a semi-turbulent but non-armageddon manner, or just have a new Dark Ages that comes with Weimar republic, wheelbarrow hyperinflation after they have to print to avoid deflationary collapse.
Of course, the conspiracy is, they might WANT a hard collapse to use as an excuse to usher in some new Jewish slave planation government model and one world currency they've cooked up. The Jews love to hawk this stuff off to useful idiot Goys in high positions of power pretending they're all on the same team of "high tier big powerful guys", when the team is really just Zionist jews vs everyone else. The goys in expensive suits are just disposable useful idiots who will be tossed out with the trash.
All of you moron branch bankers reading this need to turn on the Jews before they turn on you. When they took over Russia, the first thing they did was holocaust all the goys. They'll try to put anyone in a high position of power who isn't a member of team Zionist in front of a firing squad after the dollar implodes and you have world chaos, just like Russia all over again. And that's what will happen even if you willingly act as their useful idiot servant. Why do you think they're trying to start war with Russia? Because Russia was the last major victim of the Jews and they refuse to be scammed and murdered again.
I was with you up until the racism.
The whole thing was a horrid rampaging rant until the racism, then it went from bad to farcial. Roach must really be drunk tonight. Roach, I'm not about to disect all this shit you said, but I can tell you for sure that the dollar ain't going to collapse anytime soon, not in our lifetimes for sure.
115.
Post 16119077 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
The whole thing was a horrid rampaging rant until the racism, then it went from bad to farcial. Roach must really be drunk tonight. Roach, I'm not about to disect all this shit you said, but I can tell you for sure that the dollar ain't going to collapse anytime soon, not in our lifetimes for sure.
If by collapse you understand
cease to exist... maybe not... But collapse as in you need
4000-5000$ to buy a loaf of bread... yep.. that will happen actually
in a few years! .. Venezuela 2.0 in US.Not gonna happen, nutball.
116.
Post 16119410 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Looks to me like Roach has either gone f'g nuts or he's drunk, let's see if this ranting continues.
117.
Post 16128545 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
That is one big f'g tree, but getting back to topic - usd collapses, USA falls as a power, etc etc etc... not gonna happen in our lifetimes you nutballs, but it will happen eventually I would think.
118.
Post 16128934 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
I expect a dollar surge in value, let's see who ends up being right.
119.
Post 16129572 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Ok, so it wasn't a drunken rant, Roach has officially gone off the deep end.
120.
Post 16138544 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
I expect a dollar surge in value, let's see who ends up being right.
loser
I didn't mean by tomorrow
if you don't have a crystal ball and aren't God, you have no fucking idea who will be right longer term
121.
Post 16138896 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
I expect a dollar surge in value, let's see who ends up being right.
loser
I didn't mean by tomorrow
if you don't have a crystal ball and aren't God, you have no fucking idea who will be right longer term
... your shorts feeling pulled up a little too tight there bear ??
I'm not talking about btc vs usd, I'm talking about the dollar index crashing vs going up. Get a clue, legendary.
122.
Post 16303764 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
How is 1 btc worth over $600 right now? wowwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww wwwwwwwwwwwwwwwwwwwwwww
why can't it be worth $6k a year from now?
123.
Post 16314035 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
2fa ain't gonna stop an inside job.
124.
Post 16314355 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Yeah, it's overpriced - deal with it.
125.
Post 16314480 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Yeah, it's overpriced - deal with it.
We deal wit it by not buyin...gotta lotta butts wit no seats imho
9.5 billion market cap...insanity IMO
Btc right now is just a way to move fiat that hardly anybody trusts. So yeah, it's market cap is too high.
126.
Post 16314859 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Yeah, it's overpriced - deal with it.
We deal wit it by not buyin...gotta lotta butts wit no seats imho
9.5 billion market cap...insanity IMO
Btc right now is just a way to move fiat that hardly anybody trusts. So yeah, it's market cap is too high.
I have a different view...crypto can be trusted IMO ! Math does not lie only propaganda does...market cap is way high on on Bitcoin IMO
Disclaimer:depends on hyperinflation
Crypto can be trusted - please elaborate on this mythical concept...
The dregs of society own this shit. The mainstream views it as a joke.
127.
Post 16325003 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.57h):
Yeah, it's overpriced - deal with it.
We deal wit it by not buyin...gotta lotta butts wit no seats imho
9.5 billion market cap...insanity IMO
Btc right now is just a way to move fiat that hardly anybody trusts. So yeah, it's market cap is too high.
I have a different view...crypto can be trusted IMO ! Math does not lie only propaganda does...market cap is way high on on Bitcoin IMO
Disclaimer:depends on hyperinflation
Crypto can be trusted - please elaborate on this mythical concept...
The dregs of society own this shit. The mainstream views it as a joke.
"crypto can be trusted" in the sense that "it's all mathmatics!" And you can't argue that 2+2=4!
Unlike the death spiral financing toilet bowl stock market...
Do you think I care about the mainstream talking heads that spoon feed us whatever the highest bidder tells them...?
"Dregs of society"...? This is the future of currency...mythical concept? Wake up dude
Bitcoin in certain circumstances moves fiat better than other options. That's it dude, there is no inherent value other than that. The dregs of society run the exchanges and gateways for the mainstream to buy bitcoin, so here we are.
128.
Post 16532482 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.58h):
Noticed Bitstamp is not on Bitcoinity under top USD exchanges. Did their volume drop or something? Less than GDAX(?)?
Elwar, if you are still in Germany, could you please tell us bit more about your observations regarding Deutsche Bank? If local Germans started to worry about their savings with DB? Bank run starting? Or they are still calm, expecting a bail-in to happen again?
No idea really. I don't watch the German news because I don't speak German. I avoid the US news because it's depressing.
I do know that my landlord started pulling some money out of the bank and holds more cash than he used to. And he's very open to taking bitcoins for rent. He's actually the perfect Bitcoin user. I pay him bitcoins in rent and he's a pilot for Lufthansa so he flies to other countries a lot. He goes to the US and uses Gyft to buy gift cards for just about everywhere he goes. Mainly Home Depot, Target, Whole Foods and some restaurants. He loves it. He used to use his PayPal credit card that charged him a huge exchange fee whenever he used it in the US.
Deutsche Bank canceled my account with them so they can crash and burn for all I care.
Cool, some dude who rents just gave advice.
129.
Post 16651699 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.58h):
Such low volume these last few months, so many coins to be dumped. Hey, I got a rhyme there.
130.
Post 16788584 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_14.58h):
The stock market went down on news of Hillary's fbi investigation at the same time the btc surge happened. When Hillary wins the stock market will go back up and btc will dump. I will quote myself next week when I'm right.
131.
Post 20368495 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.15h):
Roach, you went from the biggest bitcoin shil to the biggest troll.
It's really obvious you shorted, hope it wasn't on margin.
132.
Post 20384425 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.15h):
Who sold at the bottom?
Noone, it's obvious we all BOUGHT at the bottom... or do you think the price rises by itself? geez...
In every transaction there's a buyer
and a seller.
For every coin bought at a bargain price during a dip, someone sold at a discount, whether it was from necessity or panic.
Most of the time the buyer is the exchange, not some dude like you who has a crystal ball.
133.
Post 20385625 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.15h):
the trend is pretty clear ... whenever killerpotleaf (adam) and jbreher (bear) show up here to spread more HARD-FORK-NOW! FUD and stir up the natives then price is going to drop.
pretty sure they are both on WuVer's payroll ... he throws them a few bitcoins to spread FUD whenever they get the word.
If the market is so fragile that a few fudders can make the price go down, it's probably going to come down on it's own eventually. Donchathink?
134.
Post 20879365 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.17h):
Most of us are regretting, life is too short and money isn't life so knock that shit off.
135.
Post 20895910 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.17h):
Don't sell the dip!
136.
Post 20896083 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.17h):
Reminder:
Don't sell the dip!
137.
Post 20896679 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.17h):
This is HUGE.
But it is more like a backbone link for remote areas rather than a direct uplink to make transactions.
These aren't radio waves, these are satellite signals! Holy shit this is huge, that means all you need is a view to the sky anywhere and you can send/receive btc with a smartphone. WOW.
138.
Post 20897593 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.17h):
These aren't radio waves, these are satellite signals
how do you think these magic "satellite signals" work? smh
I thought he was talking about radio waves off of towers.
Apparently they are using existing satellites and you need an antenna that connects to a pc. I'm sure it's a matter of time before they gain access to smartphones.
139.
Post 20897688 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.17h):
Not the best timing, but I have BTC/USD short open from $4041. Target is low $3000's.
Where have you placed the stop loss?
I adjust it based on market movement. Since we've made $3880, SL is now at $4201.
If price goes above $4100 again, based on market movement I suggest you adjust it at low $5000's.
I covered at $3840. Re-shorting this pop here. I don't hold my trades very long.
You must be crazy to short this market. I have seen countless of people blow up their accounts.
Shorting on margin is suicide, he is probably playing with a few hundred or thousand and will panic buy back at a loss of btc.
140.
Post 20897870 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.17h):
Not the best timing, but I have BTC/USD short open from $4041. Target is low $3000's.
Where have you placed the stop loss?
I adjust it based on market movement. Since we've made $3880, SL is now at $4201.
If price goes above $4100 again, based on market movement I suggest you adjust it at low $5000's.
I covered at $3840. Re-shorting this pop here. I don't hold my trades very long.
You must be crazy to short this market. I have seen countless of people blow up their accounts.
Shorting on margin is suicide, he is probably playing with a few hundred or thousand and will panic buy back at a loss of btc.
Seems clever to me.
We all waited for this correction, here it is.
Why not profit from it ?
It's risky, if it worked for you then more power to you.
141.
Post 20973366 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.18h):
Can't trust anyone now. The bitcoin faithful hold free bcc. As far as I'm concerned everyone is full of shit.
142.
Post 20973459 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.18h):
Can't trust anyone now. The bitcoin faithful hold free bcc. As far as I'm concerned everyone is full of shit.
Well, not everyone. Not you.
How many free bcc do you hold? let me guess, you dumped them already and gave the profits to the homeless...
143.
Post 21001558 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.18h):
I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.
Then it has to be bch, thats the aim of it.as Satoshis knew it would be..no 3rd party,no 2nd layer, lower fees, higher txps and more.
No my chain is better...no mine is...no mine!
Whatevs.
Most of my bitcoin spending is done via third parties already. I am ok with that.
I spend bitcoins on Amazon through Purse, I pay my rent through a Korean wire transfer service. I have bought gift cards to pay for meals in the US and buy food in Germany. It all gets recorded on the blockchain at some point. And it allows me to hold bitcoins as my main currency.
Why do you pay rent instead of own being in this game so long? why do you do all of this dorky payments instead of using a debit or credit card? why would you prefer your payments get recorded on a public blockchain vs a private bank or credit card leger that only you can see? Why would you care if you hold bitcoins as your main currency?
curious questions for mr elwar
144.
Post 21115827 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.18h):
Duh, exchanges don't want you dumping the price. If you wanted to become a fiat millionaire so bad you should have worked harder.
145.
Post 21180164 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.19h):
Finished dumping all my BitCH on Kraken this evening, and converted to BTC. Feels good to be rid of that shit.
Keep one, just in case Mcafee is right.
146.
Post 21266099 (copy this link) (by chesthing) (scraped on 2020-04-04_Sat_15.19h):
Guys, I converted to Judaism today. After the ceremony, I was handed a kilo of gold, paid for by the blood and sweat of the goyim. Immediately after, I received my job offer from Goldman Sachs, and I was handed an invitation to the Bilderbergs.
But none of this has anything to do with the reason I converted. I did it for the jokes!
Awesome post!
This is the sort of shit I expect from those who never have to worry about money again - keep em' coming btc whales! (bathrobe heros)
