All posts made by oldm8 in Bitcointalk.org's Wall Observer thread
1.
Post 6130607 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_12.34h):
Bitstamp is up and running all patched with legit SSl certificate. $2.00 rise on news.
China asleep 4.00 am $7.00 arbitage Huobi / Bitstamp
2.
Post 6143992 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_12.34h):
If someone ever wondered why that volume on Huobi is that high, just watch BTC-E. 1m chart
I suspect that ~ 70-80% of that volume is from that one bot buyin and sellin to himself.
Well I did wonder how bitstamp managed to return 6000 btc volume when the exchange was shut for most of yesterday. Bots and a few traders already logged in. Your suspicion is probably right.
3.
Post 6521095 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_12.42h):
Random thought, how would a war in Europe affect Bitcoin ? 2014 seems to be a really really bad year so far
Please clarify ... would a war in Europe make 2014 better or worse?
Would a war in Europe make 2014 better or worse!!! WTF
You obvoiusly live in a country thats never experienced war.
Bitcoin losses or gains would pale into insignificance compared to the loss of your sons, houses, normality. There are 3 nuclear armed nations in this region.
If you have no morals whatsover, if a war happens, take your money out of Bitcoin and invest in USA Steel, Armaments, and Chemicals.
4.
Post 8023593 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.00h):
Are we seriously sitting here debating why we dipped less than 3%. Man I remember when no one even noticed 3% in either direction. Now it's cause for great debate and speculation.
Was thinking just the same thing, when price was $75 - £100 even 10% fluctuations were nothing to note. Also lots of moaning that there is no fucking to da moon nonsense. Bitcoin is robust and doing really well, sellers are not fucking stupid and are releasing their coins in a sustainable manner, matched by a steady albeit low volume order book. I missed the last bubble selling before the silkroad dip to move funds to an opportunity of certain 50% profit over 2months. By the time I could by back in we were in $800s, watched bubble deflate and bought back in $380 to $430. Now at $600 I am absolutely fucking delighted, in the fiat world safe investments yield 5% return in a year if you've done well. I don't ignore anyone on this forum, the 0$ trolls the $1000000 to da moon nutters even Jorge occasionally contributes wothwhile comments, without the full range of opinion you cant get the full picture. If Falling was so cock sure that BTC is on a downward spiral to 0$ he could make a fortune, of course he spends his days jerking off instead of putting money where his mouth is.
5.
Post 8023761 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.00h):
What if it breaks?
What are the
generally accepted long term channels at the moment?
It is generally accepted that you should
never sell your bitcoins for anything less than a price, which is
multiple times of the ATH of the prior boom.
- If Bitcoin is in its growth channel, and you panic sell in the bottom, it will cost you most of your bitcoins when you panic buy at 5-20x higher after realizing you were wrong. (If you panic buy threshold is lower, you end up always buying high and selling low, and diluting your holdings.)
- If it it destroyed, you have no way knowing it and being able to salvage the high point of your value. Salvaging a low point, is meaningless when the same outcome in fiat terms can be achieved by selling a few %-points more in the previous boom.
this community lives in dreams just because of people full of shit like you, of course you sold most of your Bitcoins to buy a "castle" and fill your account but you tell others to don't, what a dick head.
What the hell happened to you too? You used to have spot on predictions and gut feelings and I enjoyed reading most of your comments. Now you're just following risto to discredit him any occasion you get. I get it, you strongly dislike the man, and I'm not fond of him either but now you sound like the dark crypto offspring of Bitchick and Stolfi. One wants to save me from my sins, the other wants to save the world from itself. You wanna save people from... idiots with bitcoin bought castles?
I just had enough of the stupidity of some and the malicious and scammish behavior of others (there is plenty of them here around), and I see that most of people here don't agree with me, they get even offended because I crash their dreams sometimes,
so this will be my last comment in this forum, enjoy all of you
Please keep contributing - the forum needs some balance, I for one read your posts. Everyone has their opinion and its worth putting them all in the mill to grind out some answer. It is well noted in the occasional polls on that the diverse answers usually aggregate to something approaching reality - except for some reason the poll for 25 July price, the majority got it wrong! So mmitec hang on and dont let the bastards grind you down.
6.
Post 8024141 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.00h):
What if it breaks?
What are the
generally accepted long term channels at the moment?
It is generally accepted that you should
never sell your bitcoins for anything less than a price, which is
multiple times of the ATH of the prior boom.
- If Bitcoin is in its growth channel, and you panic sell in the bottom, it will cost you most of your bitcoins when you panic buy at 5-20x higher after realizing you were wrong. (If you panic buy threshold is lower, you end up always buying high and selling low, and diluting your holdings.)
- If it it destroyed, you have no way knowing it and being able to salvage the high point of your value. Salvaging a low point, is meaningless when the same outcome in fiat terms can be achieved by selling a few %-points more in the previous boom.
this community lives in dreams just because of people full of shit like you, of course you sold most of your Bitcoins to buy a "castle" and fill your account but you tell others to don't, what a dick head.
What the hell happened to you too? You used to have spot on predictions and gut feelings and I enjoyed reading most of your comments. Now you're just following risto to discredit him any occasion you get. I get it, you strongly dislike the man, and I'm not fond of him either but now you sound like the dark crypto offspring of Bitchick and Stolfi. One wants to save me from my sins, the other wants to save the world from itself. You wanna save people from... idiots with bitcoin bought castles?
I just had enough of the stupidity of some and the malicious and scammish behavior of others (there is plenty of them here around), and I see that most of people here don't agree with me, they get even offended because I crash their dreams sometimes,
so this will be my last comment in this forum, enjoy all of you
Please keep contributing - the forum needs some balance.
Balance and mmitech. This must be sarcasm or masocism.
Neither I just dont take posters opinions to heart.
I will read what you post too with interest. Esp as you are dump3r
BTW what constitutes a dump? Holders trading 1k is not a dump.
Even when its done every day for a month.
7.
Post 8781204 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.12h):
Lol. Re: girlfriends - mine kept saying 'what if it's not really open source? What if it's a plot by *insertshit*.
I would say 'no look, here is the source code. Look. It's there. That's it. That's what it is. I can see what it is and what it will do.'
More frustrating than the bear market tbh!
I would say to mine "No one can stop you transacting Bitcoin and there is no power
on earth that can take your coins from you if you store them properly. You can walk with impunity through any customs port in the world. Bitcoin will make mockery of capital controls. Someone just transacted $20,000,000 in a few minutes and paid no fees". She would respond "that's very good my dear...... Where do you want to eat tonight".
Ragnar
NSA back door discovered on all iPhones direct from factory! The scope of these NSA intrusions are not even known yet...
do NOT believe you are safe because you have android phone. the NSA will be able to seize your coins under almost any circumstance, if they wish to. maybe some of the hacks are NSA thefts? how do you know they are not?
Sure, but who said anything about a phone?
NSA has back doors installed in common software as well. Windows, Mac OS X, you better believe it. Any time they want, they can access your PC with a RAT and steal the coins! There is nothing anyone can do!
Is this the currency you would like to trust your life savings too? I think many people prefer cash and traditional banking still!
All you say is true, if you want security use Bitcoin Armory with your keys to sign transactions kept on a seperate linux device with a strong password that has never been connected to the internet. No fucker can steal your coins then except at gunpoint.
8.
Post 8781318 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.12h):
Lol. Re: girlfriends - mine kept saying 'what if it's not really open source? What if it's a plot by *insertshit*.
I would say 'no look, here is the source code. Look. It's there. That's it. That's what it is. I can see what it is and what it will do.'
More frustrating than the bear market tbh!
I would say to mine "No one can stop you transacting Bitcoin and there is no power
on earth that can take your coins from you if you store them properly. You can walk with impunity through any customs port in the world. Bitcoin will make mockery of capital controls. Someone just transacted $20,000,000 in a few minutes and paid no fees". She would respond "that's very good my dear...... Where do you want to eat tonight".
Ragnar
NSA back door discovered on all iPhones direct from factory! The scope of these NSA intrusions are not even known yet...
do NOT believe you are safe because you have android phone. the NSA will be able to seize your coins under almost any circumstance, if they wish to. maybe some of the hacks are NSA thefts? how do you know they are not?
Sure, but who said anything about a phone?
NSA has back doors installed in common software as well. Windows, Mac OS X, you better believe it. Any time they want, they can access your PC with a RAT and steal the coins! There is nothing anyone can do!
Is this the currency you would like to trust your life savings too? I think many people prefer cash and traditional banking still!
They're going to steal my coins that are on a machine running an open source OS, open source wallet, that doesn't have wifi?
OK, how... and then... why?
Exactly
Wonder if bitcoin_is_a_mirage is a new incarnation of fallllllllllling. New tact of "ooo watch out all your coins will be stolen" instead of "abandon all hope price will be 50 cents next week"
9.
Post 8782159 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.12h):
NSA has back door installed on all iPhone, and maybe android and Windows computers. even paper wallet is dangerous, because NSA can place back door in network connected printer!
do not trust your bitcoins ANYWHERE. do not be tempted to buy into any false recovery, keep your money in cash or at a bank so that it is safe!
So don't print them! In the words of Shroomskit,"welcome to ignore"
I placed you on ignore already, I don't having time for bitcoin bulls. how does it feel to reach $460 again? give up your false hope for a recovery!
Oh my god its you isn't it falllling.
All this backdoor stuff, insecure paper wallets, just a ruse.
But you couldn't help yourself could you, back to posting the old "abandon all hope" routine.
10.
Post 9118300 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.21h):
Im really amazed that few people are trying to sell their $300 coins for a quick buck. The stability at $330 is pretty damned impressive.
Anyone have some nice lines on a chart that might show when a breakout is due?
Fucking retard,
btw was going downhill , some guy sold 30k coins , now the market is a bit confused but we will go down much more because everyone is getting out of bitcoin.
Its the truth.
If "everyone" was getting out of bitcoin as you say the price would be a lot lower than $330!
For those of us that have been around a little longer than a week or two there were similar comments when the price hit $60 last Summer.
Bitcoin is doing very well. The price will swing the other way fairly soon here I believe.
I wil printscreen this post and I will pm it to you when USA BANS BITCOIN.
I will also send Prt Scr to you when USA BANS BITCOIN I think we will be waiting a very long time.
Also theres a big world out there past shores of USA.
11.
Post 9120477 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.21h):
Oh yeah, the BTC and GBP and Oil graphs took quite the same, don't they?
Readers hopefully will not look at the vertical scales, and will not notice that GBP fell 7% from the high point in June-July, Oil fell 14%, and BTC fell 50%.
And then bitcoiners wonder why people do not trust bitcoin...
Readers will have noticed the vertical scales.
I have shares in UK supermarket Tesco they have fallen from 360 to 175 50% over 12 months.
Whilst bitcoin is roughly 100% up on the same period.
Bitcoin is no worse or better than shares in many so called blue chip companies.
Its all a gamble and it is satisfying when you get it right.
and its way better than leaving you hard earned money to devalue in you banks vault.
12.
Post 9144418 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.22h):
This forum reminds me of the GTAT forum (until Monday). The posts -- with almost a religious devotion -- claiming that GTAT was going to be huge soon because of Apple, and that investors were getting in early and were going to strike it rich soon. But alas, it failed, and the pigs got slaughtered.
I know most people here are first time investors and they think bitcoin is awesome technology or what not, and that's why they have to make all the comparisons with the Internet, the telephone or whatever when they describe bitcoin. It's a way to delude themselves into thinking that bitcoin is much bigger than it really is. Why is Wall Street not buying bitcoin, the currency? Because it's overhyped. They can see right through it, and they're staying out, and only investing some VC to extract potential value out of some of the start ups surrounding it.
Guys, I hate to be a wet blanket, but take a look at some of the stories on the GTAT forums, people got burned... bad. Lots of stories about losing years of savings. I know you'll all claim "this is money I can lose" because you're telling yourselves that there's no way bitcoin is going to zero. People said the same thing for GTAT. Like Warren Buffett said, when the tide goes out, we'll see who was swimming naked. I suspect a lot of you are swimming naked right now.
Be careful out there. I don't want to see the stories of people losing their retirement savings, or losing all the money that was earmarked for their disabled children or what not. Sadly, I know it's going to happen though.
You sure are so wise for being a newbie... Probably guys here are sending you PMs and asking you what to do, too?
Banned again by bitcoin high priests for being a heretic. You do realize they don't ban people on the gold forums or any other investment for being bearish, no? Like I said, this place is faith based, and that is why it will fail... no fundamentals to back it up.
Did you know the user base of bitcoin is smaller than the frequent flyer club of Kuwaiti airlines? Bitcoin has been around for almost 6 years and nobody out there is interested. It's all faith based and controlled primarily by whales. The whales are your God (OK, so it's polytheistic.)
Market moves however they decide. Eventually they will pull the plug on the believers, and we're going back to single digit dollars.
You may be right; I may be wrong. But there's nothing wrong in investing in something you believe in. Just be cautious and only invest in what you can afford to lose.
I agree, don't invest more than you're willing to lose. My experience with the GTAT forum tells me that people DO invest more than they're willing to lose, more often than they're willing to admit, because they convince themselves that nothing can go wrong, no black swan events, etc. I'm obviously bearish long term on BTC (which gets you banned here). All I'm trying to do is save people from making horrible decisions, so fundamentally we agree to some extent it seems.
Always suspicious of those that are trying to save others!
Are you a welfare worker in your offline life or do you have some open shorts.
13.
Post 9144784 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.22h):
This forum reminds me of the GTAT forum (until Monday). The posts -- with almost a religious devotion -- claiming that GTAT was going to be huge soon because of Apple, and that investors were getting in early and were going to strike it rich soon. But alas, it failed, and the pigs got slaughtered.
I know most people here are first time investors and they think bitcoin is awesome technology or what not, and that's why they have to make all the comparisons with the Internet, the telephone or whatever when they describe bitcoin. It's a way to delude themselves into thinking that bitcoin is much bigger than it really is. Why is Wall Street not buying bitcoin, the currency? Because it's overhyped. They can see right through it, and they're staying out, and only investing some VC to extract potential value out of some of the start ups surrounding it.
Guys, I hate to be a wet blanket, but take a look at some of the stories on the GTAT forums, people got burned... bad. Lots of stories about losing years of savings. I know you'll all claim "this is money I can lose" because you're telling yourselves that there's no way bitcoin is going to zero. People said the same thing for GTAT. Like Warren Buffett said, when the tide goes out, we'll see who was swimming naked. I suspect a lot of you are swimming naked right now.
Be careful out there. I don't want to see the stories of people losing their retirement savings, or losing all the money that was earmarked for their disabled children or what not. Sadly, I know it's going to happen though.
You sure are so wise for being a newbie... Probably guys here are sending you PMs and asking you what to do, too?
Banned again by bitcoin high priests for being a heretic. You do realize they don't ban people on the gold forums or any other investment for being bearish, no? Like I said, this place is faith based, and that is why it will fail... no fundamentals to back it up.
Did you know the user base of bitcoin is smaller than the frequent flyer club of Kuwaiti airlines? Bitcoin has been around for almost 6 years and nobody out there is interested. It's all faith based and controlled primarily by whales. The whales are your God (OK, so it's polytheistic.)
Market moves however they decide. Eventually they will pull the plug on the believers, and we're going back to single digit dollars.
You may be right; I may be wrong. But there's nothing wrong in investing in something you believe in. Just be cautious and only invest in what you can afford to lose.
I agree, don't invest more than you're willing to lose. My experience with the GTAT forum tells me that people DO invest more than they're willing to lose, more often than they're willing to admit, because they convince themselves that nothing can go wrong, no black swan events, etc. I'm obviously bearish long term on BTC (which gets you banned here). All I'm trying to do is save people from making horrible decisions, so fundamentally we agree to some extent it seems.
Always suspicious of those that are trying to save others!
Are you a welfare worker in your offline life or do you have some open shorts.
No, I'm just a scholar of market psychology and I see clear warning signs with bitcoin. I take satisfaction out of pointing them out, and if people can be saved with my help, all the better.
Fair enough, I am not cynical enough, yet, to believe there are no altruistic people left in the world.
To help you gain some deeper insight into your studies, I recommend you purchase and hold/trade a nominal amount of bitcoin, that is if you don't already hold some.
14.
Post 9188035 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.23h):
Apparently the idiot ChiComs haven't mastered the art of this whole "buy low sell high" thing. LOL. Six months from now they'll be buying back at a huge loss. Three generations of Communism has turned the highest I.Q. people in the world (edit: except for Ashkenazi Jews) into morons.
>not realising Communism is a Jewish creation
goyim pls
Weltmaster
Your not Frank Weltner of Jew Watch per chance.
15.
Post 9188081 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.23h):
Apparently the idiot ChiComs haven't mastered the art of this whole "buy low sell high" thing. LOL. Six months from now they'll be buying back at a huge loss. Three generations of Communism has turned the highest I.Q. people in the world (edit: except for Ashkenazi Jews) into morons.
>not realising Communism is a Jewish creation
goyim pls
Weltmaster
Your not Frank Weltner of Jew Watch per chance.
great drawing - no worries just the Welt bit and made (the wrong) connection.
16.
Post 9188109 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.23h):
Apparently the idiot ChiComs haven't mastered the art of this whole "buy low sell high" thing. LOL. Six months from now they'll be buying back at a huge loss. Three generations of Communism has turned the highest I.Q. people in the world (edit: except for Ashkenazi Jews) into morons.
>not realising Communism is a Jewish creation
goyim pls
Weltmaster
Your not Frank Weltner of Jew Watch per chance.
Eww. Racists should f*ck right off, if I may be so bold..
totally agree
17.
Post 9357797 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.27h):
one cant know if it is cheap or not, because the price is not included in the protocol
bitcoin production price is atm 131 and sold as 351... it seem fair price to me
I'm going to say this makes no sense. 170% is a nice profit margin. If this was the case we would not see the diff level off like it has in the last month.
I would also like to see where you got those numbers from...
here is my calculation :
http://www.coinwarz.com/miningprofitability/sha-256/?hr=1400.00&p=990.00&pc=0.1000&e=Bitstampthe cost of one bitcoin is (just electricity) :
we need 52 days x $2.38 for electricity -----> 52x2.38=123 usd (more or less)
but this is without ROI cost, it only the electricity, and the operator work for free.
PS: @ 1.4 T we need about 52 days to create 1 bitcoin.
In other words, you took one of the costs, and calculated that cost, and then you thereafter concluded that the one cost was all the costs while conceding that you had failed and/or refused to account for any additional costs.
In other words, you have NOT provided a complete and/or accurate accounting for how much it costs to produce each bitcoin.
hmmm... but what if the electricity was free
What if? If the electricity is free then there are more profits; and those are incentives for mining and incentives for dumping coins, but mining costs also are NOT a reflection of the totality of factors that affect current bitcoin prices.
thats why i was sayng the price above 300 was fair, i didnt said that the miner get 140% profit or anything... pls check again
Based on my fairly quick perusal, whatever point(s) your making, those points do NOT seem to be based on very complete cost calculations.... that's my main point in responding to your posts.
btw i want to add that at this usd price point (which btw is irrelevant to future price), people have to sell 1/2 just to pay electricity versus the ideal price of 600 which ppl will just have to sell 1/3.
which in turn increase the number of coin in circulation.
let us all pray that mass adoption happen tommorrow...
amen
I would like to see some figures from someone who is currently mining.
the average cost kwh in US is 13.01 cents
i did some back of cigarette packet calculations
5.5 tH/s rig cost $4000
rig consumes 3.5kw/Hr
electricity at 13 cents over 12 months $4000
total cost $8000
mining output including increased difficulty over 12 months yields 26 coins
taken as 2.55 coins in month 1 and 1.67 coins in month 12
at current price 26 coins $357 = $9300
that doesnt include labor, cost of housing rig, opportunity cost of the $8000 outlay etc
margins are very thin
even at electricity $0.08 in China and $0.10 in some States theres not a killing to be made.
18.
Post 9358064 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.27h):
[The real cost of Bitcoin mining]
This is probably the closest thing to hard data on the state of commercial mining operations:
...Unlike most bitcoin companies, Digital CC Limited is a public company, trading on the Australian Securities Exchange (ASX) as 'digitalBTC'. This makes it is the only major mining operation with an obligation to provide such information, giving outsiders a rare glimpse into the inner working of a bitcoin mining company.
http://www.coindesk.com/digitalbtc-downplays-negative-cashflow-q3-report/TL;DR: Q3 losses.
Thanks NotLambChop
Quite an interesting article
19.
Post 9359200 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.27h):
I looked at mining and I figured out it'd cost me, with whatever hardware I looked, and my current electric price $270 ish per bitcoin
Can't rmemeber my exact calculations, it wasn't too long ago either
Mr Piggles
Your calculation is very close to mine for the difficulty figure at present time this month.
I ran the calculation forward over 12 months to include increased difficulty and came up with average £307 but only for rig cost and electricity.
I suspect the latest rig would be unprofitable to run after 12 months or so maybe even before that.
In real world calculations you would need to take into consideration down time for maintenance, power outages etc.
Labor say 50 hours per year at your own labor cost
You would want to insure your equipment against loss/theft fire.
Opportunity cost of that equipment if only costed at 5%-10% when put into another project.
In many countries there would be a cost related to cooling the equipment although this may be balanced out if your rig heats your home in a country with cold winter months.
plus transaction costs of converting bitcoin to fiat in order to pay your energy supplier.
there are bound to be loads of other costs on top of these
I think youd be lucky to realistically break at $350 per coin in most countries unless you had stolen or heavily discounted industrial energy supply.
20.
Post 9531286 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.31h):
or that dump was the first bear trap of the bull season? who knows?
Pure speculation this.
Or the 7am. UTC dumper who has for months dumped about 1k at this time usually an hour later at weekends.
The dumpers timing changed at the end of september by one hour ( daylight savings time in Iran and Egypt). Both countries have cheap electricity - dumper could be mining syndicate.
Anyhow the dumper has held back for several days so this mornings dump could just be the backlog of saved coins.
Yesterdays Fiat transfers will be reaching Bitstamp around now lunchtime, speculators with their buying shoes on.
Anyone notice difficulty logging into Stamp as the dump was in progress? When the dump was over at $415 bitstamp was again properly accessible.
21.
Post 9531337 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.31h):
Please raise your hand if you sold at the bottom of that dump. I know many of you traders did.
And now will be busy buying back for 10 dollars more plus trade fees
22.
Post 10072089 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
major exchange offline for a day and no big movements at other exchanges
Minor exchange in Slovenia offlne for a day, Chinese short-term speculators do not care.
I believe Bitstamp is in the UK now, isn't it?
They are from slovenia or something but operate in UK
Their address in UK is Jupiter House, Calleva Park, Aldermaston, Reading, West Berkshire RG7 8NN its a low rent business park. see google maps streetview
https://www.google.co.uk/maps/@51.361939,-1.163763,3a,75y,94.43h,85.06t/data=!3m4!1e1!3m2!1s1bXD1B5RcL98nEvhb1UCsg!2e0 for a flavour of the esteemed office.
If you google this you will see there are hundreds of businesses registered here. I think theirs is unit no5.
Despite me knowing this I am one of the fuckwit suckers owed 3 Bitcoins I just bought at $270. I didnt immediately send them to my cold storage address. They are not looking so cheap now. Fortunately all the rest of my coins are safe in cold storage.
Just awaiting the news that the Bitstamp crew have been seen boarding a jet to whatever Shangri la Karples is hanging out in. Followed by the announcement of further bad news that all the cash and coins have vanished.
Oh well it could have been worse I could have been killed by the nutters of god at Charlie Hebdo magazine office in Paris today.
Cartoon Pictures of the Prophet Muhamed anyone?
23.
Post 10072202 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
major exchange offline for a day and no big movements at other exchanges
Minor exchange in Slovenia offlne for a day, Chinese short-term speculators do not care.
I believe Bitstamp is in the UK now, isn't it?
They are from slovenia or something but operate in UK
Their address in UK is Jupiter House, Calleva Park, Aldermaston, Reading, West Berkshire RG7 8NN its a low rent business park. see google maps streetview
https://www.google.co.uk/maps/@51.361939,-1.163763,3a,75y,94.43h,85.06t/data=!3m4!1e1!3m2!1s1bXD1B5RcL98nEvhb1UCsg!2e0 for a flavour of the esteemed office.
If you google this you will see there are hundreds of businesses registered here. I think theirs is unit no5.
Despite me knowing this I am one of the fuckwit suckers owed 3 Bitcoins I just bought at $270. I didnt immediately send them to my cold storage address. They are not looking so cheap now. Fortunately all the rest of my coins are safe in cold storage.
Just awaiting the news that the Bitstamp crew have been seen boarding a jet to whatever Shangri la Karples is hanging out in. Followed by the announcement of further bad news that all the cash and coins have vanished.
Oh well it could have been worse I could have been killed by the nutters of god at Charlie Hebdo magazine office in Paris today.
Cartoon Pictures of the Prophet Muhamed anyone?
They've probably never even been to the UK. They have a nice little slot in a wall in that joint to get some UK post and that's about it.
Youve got it spot on, a maildrop just like all the other dodgy businesses hanging out there.
24.
Post 10072355 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
Imagine the panic all the fiat bag holders on stamp must feel
That is another good point although an amateur audit was done on their bitcoin there was no report on the cash at hand held to balance their customers deposits.
Exchanges like bitcoin.de in Germany actually give you a separate account to hold your cash in. If they go under your cash is protected up to €100,000 by EU banking funds. Sadly your Bitcoin is not protected.
25.
Post 10072532 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
I am proud fiat baghodler on stamp since 480 levels and I dont feel any urgency to buy all the cheap coins once stamp opens its gates.
If and when stamp opens its gates Im sure you are right there wont be a stampede (HA HA) by fiat holders like yourself to immediately buy cheap coins. Likewise all those with coin will not rush to sell, most will remove their coins to safety causing a run on their reserves. The net effect of this episode at stamp will be for all coin holders at all exchanges to leave no more on the exchange than absolutely necessary for trading. This may leave less net coins on exchanges for use in leveraged short positions, although I suspect that fractional reserve banking means the lent coins dont actually exist.
26.
Post 10073025 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
I am proud fiat baghodler on stamp since 480 levels and I dont feel any urgency to buy all the cheap coins once stamp opens its gates.
If and when stamp opens its gates Im sure you are right there wont be a stampede (HA HA) by fiat holders like yourself to immediately buy cheap coins. Likewise all those with coin will not rush to sell, most will remove their coins to safety causing a run on their reserves. The net effect of this episode at stamp will be for all coin holders at all exchanges to leave no more on the exchange than absolutely necessary for trading. This may leave less net coins on exchanges for use in leveraged short positions, although I suspect that fractional reserve banking means the lent coins dont actually exist.
My thinking is that if I was holding fiat on Stamp, I may consider buying BTC as soon as they re-open, then withdraw them to safety asap. Fiat takes a long time to withdraw, and there will likely be a huge flood of people looking to get their fiat out of stamp. A coin withdrawal may be the fastest way out for those who lost faith in Stamp.
But really, who the fuck knows. We will see if they open Stamp back up in "24-48 hrs".
This rally above 300 suggests that traders are expecting some buying pressure. I would FUCKING HATE MY LIFE if I was heavily leveraged short via Stamp right now (thought I must admit I never used Stamp, so I have no idea how that would look/work).
Stamp is quick at processing withdrawals in Fiat if you live in Europe and use SEPA transfer you have your cash moved either way in less than 24 hours. Coin about an hour. If they do reopen my guess is they will quickly find their feet after the initial run on funds. By summer it will be remembered, as the English say, as a storm in a tea cup.
I hope so as they have 3 coins of mine
27.
Post 10073115 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
nice to see btc-e back to first place, feels like the good old days
good old days is the days when gox ruled!!!
Like the good old days before antibiotics!
28.
Post 10073402 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
LOL LFC_bitcoin <3
Yup, < $300 bitcoins will never happen! Right bulltards?
I thought 2013 was the last time to buy for less than $1,000?
We realise you are probably leveraged and underwater, but calling someone who is bullish a 'bulltard' just makes you come across badly.
I'm not "leveraged" in anything. Not as dumb as you bulltards to entrust a third party bitcoin exchange based out of some backwater third world country to my assets. I invest in real markets and companies with actual value.
Perhaps you could let us all know which companies shares you would recommend buying this week. Thanks in anticipation.
29.
Post 10073538 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
LOL LFC_bitcoin <3
Yup, < $300 bitcoins will never happen! Right bulltards?
I thought 2013 was the last time to buy for less than $1,000?
We realise you are probably leveraged and underwater, but calling someone who is bullish a 'bulltard' just makes you come across badly.
I'm not "leveraged" in anything. Not as dumb as you bulltards to entrust a third party bitcoin exchange based out of some backwater third world country to my assets. I invest in real markets and companies with actual value.
Perhaps you could let us all know which companies shares you would recommend buying this week. Thanks in anticipation.
Invest in low cost index funds, just as Mr. Buffet recommends. But of course, Warren Buffet is an idiot and doesn't know anything about money, according to this forum.
Of course Mr Buffett the billionaire speaks wise words of investment wisdom, but I wondered specifically which named low cost index funds you are invested / would invest in. Or business sector you would invest in.
Most contributors to this forum would at a guess would have the bulk of their investments in real markets and companies as you say with a smaller but high risk punt on Bitcoin and possibly other unusual opportunities.
30.
Post 10073889 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
LOL LFC_bitcoin <3
Yup, < $300 bitcoins will never happen! Right bulltards?
I thought 2013 was the last time to buy for less than $1,000?
We realise you are probably leveraged and underwater, but calling someone who is bullish a 'bulltard' just makes you come across badly.
I'm not "leveraged" in anything. Not as dumb as you bulltards to entrust a third party bitcoin exchange based out of some backwater third world country to my assets. I invest in real markets and companies with actual value.
Perhaps you could let us all know which companies shares you would recommend buying this week. Thanks in anticipation.
Invest in low cost index funds, just as Mr. Buffet recommends. But of course, Warren Buffet is an idiot and doesn't know anything about money, according to this forum.
Of course Mr Buffett the billionaire speaks wise words of investment wisdom, but I wondered specifically which named low cost index funds you are invested / would invest in. Or business sector you would invest in.
Most contributors to this forum would at a guess would have the bulk of their investments in real markets and companies as you say with a smaller but high risk punt on Bitcoin and possibly other unusual opportunities.
riiiising
Still awaiting with baited breath your answer on your specific recomendation on a good investment for this week.
But Of course you dont have any investments whatsoever. Not even one bitcoin.
by friday you will have earnt another $2.50 at 50c a day from your master for your part time trolling efforts interspersed with jerking off in the remainder of your spare time.
31.
Post 10073999 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
LOL LFC_bitcoin <3
Yup, < $300 bitcoins will never happen! Right bulltards?
I thought 2013 was the last time to buy for less than $1,000?
We realise you are probably leveraged and underwater, but calling someone who is bullish a 'bulltard' just makes you come across badly.
I'm not "leveraged" in anything. Not as dumb as you bulltards to entrust a third party bitcoin exchange based out of some backwater third world country to my assets. I invest in real markets and companies with actual value.
Perhaps you could let us all know which companies shares you would recommend buying this week. Thanks in anticipation.
Invest in low cost index funds, just as Mr. Buffet recommends. But of course, Warren Buffet is an idiot and doesn't know anything about money, according to this forum.
Of course Mr Buffett the billionaire speaks wise words of investment wisdom, but I wondered specifically which named low cost index funds you are invested / would invest in. Or business sector you would invest in.
Most contributors to this forum would at a guess would have the bulk of their investments in real markets and companies as you say with a smaller but high risk punt on Bitcoin and possibly other unusual opportunities.
riiiising
Still awaiting with baited breath your answer on your specific recomendation on a good investment for this week.
But Of course you dont have any investments whatsoever. Not even one bitcoin.
by friday you will have earnt another $2.50 at 50c a day from your master for your part time trolling efforts interspersed with jerking off in the remainder of your spare time.
As I told you, invest in low cost index funds and stay away from pump and dump schemes like bitcoin. There's no big secret to building wealth, it just takes patience and some hard work... ie, opposite of the dreams of every get rich quick bitcoin simpleton.
Thats not the correct answer but of course excellent advice.
You are supposed to call me hurtful names or ridicule me in some way. Especially knowing I am a fuckwit loser with bitstamp owing me 3 bitcoin.
You sir are indeed an absolutely first class professional troll.
BTW whatever can be said about Bitstamp and their motley crew doesnt apply to Slovenia which is a beautiful modern country with some of the hottest women on earth (I'm serious) go there check it out.
32.
Post 10074061 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
After bitcoin hits 50k I am taking a trip to slovenia to meet some of these hot women..
You wont be disappointed.
By European and USA standards its quite a cheap country to visit too so you may be able to go there long before Bitcoin is whatever amounts of K's
There thats my trolling plug for the Slovenian tourist board done.
33.
Post 10074251 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
How is the pump and dump going?
miserably
hows your silver holding doing
that market was shorted massively 24 million ounces at one point
as you would say the dumpers just dumped the shit out of it
looks like you got in on the very bottom $15 ish well done.
34.
Post 10074307 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
ok here comes my theory about the last 24 hours.
1) Pantera decided that stamp "hack" is actually a really serious blow.
-> losing the faith of stamp users + bad PR (bad security/incompetence)
2) Pantera demand stamp to correct the situation asap
-> stamp didnt accept the demand (for whatever reason)
3) Pantera threatens to cut all ties to stamp if they dont accept the demand
-> removing dan morehead from bitstamp
4) stamp got scared and are now buying btc
i could get a oscar for this right?
I think you're pretty close except it ends at #3
If it doesn't end at 3 wishful thinking on my part. and they do buy the BTC.
I wonder what time of day they would relaunch. I reckon 01:00 UTC but which day? maybe 30th February.
35.
Post 10074659 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
How is the pump and dump going?
miserably
hows your silver holding doing
that market was shorted massively 24 million ounces at one point
as you would say the dumpers just dumped the shit out of it
looks like you got in on the very bottom $15 ish well done.
$15 Silver is NOT the bottom. It will be driven lower to the $10-12 range by the summer.
Save your powder for the summer and get ready for a wild 4th quarter 2015. Thank me later.
Thanks for the heads up.
I'm not in silver but will watch price over next months
36.
Post 10096114 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
The exchange isnt even open yet
Edit: I was just reading a pro bitcoin price-waterhouse-coopers report to UK government about bitcoin. Don't worry lambtroll your audience hasn't left you.
Not open for trading but I just successfully withdrew the 3 bitcoin I bought just before they went offline.
never thought I'd see those again
37.
Post 10096284 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
The exchange isnt even open yet
Edit: I was just reading a pro bitcoin price-waterhouse-coopers report to UK government about bitcoin. Don't worry lambtroll your audience hasn't left you.
Not open for trading but I just successfully withdrew the 3 bitcoin I bought just before they went offline.
never thought I'd see those again
How long did your withdrawal take?
15 minutes
38.
Post 10096335 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_13.45h):
The exchange isnt even open yet
Edit: I was just reading a pro bitcoin price-waterhouse-coopers report to UK government about bitcoin. Don't worry lambtroll your audience hasn't left you.
Not open for trading but I just successfully withdrew the 3 bitcoin I bought just before they went offline.
never thought I'd see those again
How long did your withdrawal take?
15 minutes
trading at 295 was 305 briefly
39.
Post 12874252 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.31h):
this shorter is going all in
What shorter? There's only 9300 BTC swaps on BFX. It's just a seller.
BTW, thanks bulls. I just made so much money shorting today, that I can dump again if you wanna take another swipe at $420.
So you opened you're just when exactly? When we busted through 380? 400?
I call BS
I started shorting @ $399 and kept shorting the whole way up. I could have shorted twice as much, but after covering @$380, I know have enough to safely short Three times as much if we come anywhere close to $420 again. I also transferred in some coins I was using for arbitrage just so I have some extra margin.
Try it again, Bulls. I double dare you. See if I'm bluffing.
dude you've really gone off the rails, sort yourself out.
first with all the big block crap and now this shorting shit ... you used to be a model bitcoiner, what happened to you?
Smallblockers happened to me. Scale or die.
You need some sleep but you wont be able to as the Chinese will be waking up in the next 30 mins and going crazy but seriously its been a tiring 24 hours
40.
Post 12966952 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.33h):
@mb300sd: people weld galvanized steel all the time. Don't believe the hype
In my teens I had a chemistry lab at home. Started with a toy chemistry set, but augmented with many chemicals from oter sources. Back then pharmacies still carried things like elemental iodine, potassium chlorate, potassium permanganate, ether, etc.; and the pharmacists would not mind selling them to a nerdish kid like me, no questions asked. From other places I easily got caustic soda, lead, ethanol, acetone, hydrochloric acid, mercury, calcium carbide, ...
Looking back, after reading tons of MSDSs and "toxicity" sections in Wikipedia, I discovered that I died several times over before I even started to shave. Today, lead has become as dangerous as plutonium, one pint of acetone will turn by itself into ten pounds of cocaine, one whiff of 190-proof ethanol will send everybody in a mile radius to the hospital, ... Sigh...
I hear you. It was much easier for grade-school children to take up pyrotechnics as a hobby back then.
I used to get everyday fun stuff like ether, sulfur, potassium nitrate, fuming nitric acid, glacial acetic acid, lead acetate, and reagent grade sulfuric and hydrochloric acids from the neighborhood pharmacy with no questions asked. More interesting but relatively nontoxic stuff like potassium chlorate, red phosphorus, manganese dioxide and sodium ferrocyanide came in pricey little chemistry-set-sized bottles from the local hobby shop, also with no questions asked. Other cool substances like calcium carbide, cheap muriatic acid and various alcohols came from the hardware store.
My biggest problem was trying to source powdered charcoal to make gunpowder. I found that the easiest way was to cut the heads off wooden strike-anywhere stove matches (the heads were an excellent material for other fun projects) and reduce the matchsticks to charcoal to be ground in a mortar and pestle.
By the time I was in my teens we were forging notes from our parents to get the really cool stuff like white phosphorus (and the carbon disulfide to dissolve it in), zinc dust, red iron oxide (to make thermite), etc from Central Scientific.
Now kids need to buy stump remover just to get their hands on some saltpeter for the time-honored childhood tradition of making gunpowder. Even an adult trying to buy half of those things would probably come under investigation for being a terrorist or meth chemist.
Guess what? For all our pyrotechnical fun we never burned anything down nor suffered any more than minor skin burns. We'd been taught to think before we did things.
_______
Today's kids are so over-protected it's ridiculous. The political correctness geniuses figure they can use simple "childproof" packaging and devices to fool the same children they need to ask for help to reprogram the remote control. When I was a kid we learned not to play carelessly with fire by burning ourselves on a hot stove. I understood what the skull and crossbones meant on the iodine bottle in the bathroom cabinet long before I was tall enough reach it.
We learned to respect fire and dangerous chemicals at an early age. Even substances now considered dangerous were freely given to children. In kindergarten we were given powdered asbestos (I can still remember the distinct smell) to mix with water to make a modelling compound. A trip to the dentist wasn't complete without receiving a decent blob of mercury to play with. Now kids can't even take peanut butter sandwiches to school.
No wonder today's kids have no sense of responsibility for their own safety.
You are an old fucker like me. Our passion when we were 11 or 12 years old was sodium chlorate and sugar, copper pipe bombs. I'm told you can do serious prison time now for making these. I have an old tree stump in the garden to extract hmph I wonder.... On the other subject, we've been herded into that narrow price band and a good volume of orders has built up underneath it. I wonder if messrs whale and sons are tempted to dump into it with little slippage for a few k coins down to 310. China awakes in a few hours we will see.
41.
Post 12981931 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.34h):
^OK. Didn't mean to back you into a corner like that, sorry. You're totally a successful trader with decades of experience.
(now your turn to tell me that you never doubted my being top Navy Seal with 300 kills)
I never doubted you were a seal, I too have caught around 300 fish this year and finished off one with my bear hands. On which subject you could get wiped out at 370 but by Christmas you should be able to close at 270 or even 230, Thanksgiving and Christmas are coming up and ordinary Joes will be cashing in a few of their precious coins to pay for the festivities, adding to supply. One thing Ive learnt watching this forum is never to say we will never see 450, 350, 250 again even at 220 we had a little panic and some lucky bastards with lowball bids picked up coins at 160 -180. Theres nothing worse than holding coins watching each gut wrenching step down to the next price band. Of course I may be eating shit at Christmas while you all toast $600 with DP 2004 with Mr Rpietila.
42.
Post 12982103 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.34h):
... Of course I may be eating shit at Christmas while you all toast $600 with DP 2004 with Mr Rpietila.
>Eat shit
>Drink Dom Perignon with Mr Rpietila
Both so enticing... How does one choose?
If you were aquainted with the venerable castle dwelling Mr Rpietila the choice is easy down the brown
43.
Post 13000062 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.34h):
Why is it that so few people ask themselves why the Saudis are willing to build 200 mosques in Germany for these ¿poor, desperate refugees¿, yet won¿t take a single one in? It's because they are trying to import an army of is lam into Europe.
Why is it that so few people ask why Assad the dictator is bad, because he is undemocratic, but the blasphemer beheading, limb severing, back whiplashing authoritarian House of Saud in Saudi Arabia, and their counterparts in the other West friendly Islamic monarchies, are good?
Political Zionists want a large segregated insular Islamic population in Europe. Corrupt and/or politically correct politicians have ensured that this has been allowed to happen down throughout the years and especially so in the past few months, and now that all these people are in, and we know that there are Jihadi elements amongst them, our governments need to take away all our civil liberties in order to protect us from the extremists (that they let in), Furthermore, having a significant minority population that is at odds with the values of the society in which it is implented, should prove a fucking fantastic scapegoat for the great unwashed, when the music finally stops playing and the Piper refuses to accept payment in €uros, or dollar$.
Fucking ingenius spot of social engineering.
I am not a parasitic Zionist Neocon motherfucker, but if I was, I think I would be pretty fucking good at it!
You have a better grasp on European politics than trading bitcoin. Take it as a compliment.
44.
Post 13016220 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.34h):
A couple comments on the FUD:
1) The EU is actually extremely hypocritical. The 500 euro banknote is the highest denomination banknote in the world.
Here is an interesting BBC article on the criminal uses of this note:
http://news.bbc.co.uk/2/hi/8678979.stm As the article notes in some countries these notes are know as "bin ladens".
"The 500 euro note is really the note of choice among criminals.
"We estimate that more than 90% of the 500 euro notes that are provided in the UK have actually gone into the hands of serious organised criminals."
etc etc
2) What is never discussed is the possibility that bitcoin can also be used by the good guys to pay the contractors that inhabit the nether lands of mercenaries, informers, information providers etc etc.
3) The big problem for the Russki's is that BTC can be used to move money outside of the country.
A $1,000,000 in €500 notes can be carried in your jacket pockets. 3 bundles measuring 2" thick and weighing a pound each. As you imply the criminals choice currency. Dont worry about the EU it would take around 4 years for them to form a comitteee then sub comittees to even discuss it. Sweden's feminist government would have to ensure that the comittee was gender neutral and if ISIS terrorists were in fact using bitcoin how banning it might affect multiculturism. France meanwhile would be out on a two to three hour lunch break along with Spain Portugal Italy and Greece. The UK thankfully dont like regulation of currency markets and were instrumental in ensuring that trading in Bitcoin in Europe remains VAT free. So these reports are in fact fud we live in a connected world where there will always be a way to trade.
45.
Post 13016443 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.34h):
Man, I'm pro-gun but the way the y-axis on that chart have been selected is deliberately misleading. Not to mention it surely should compare ownership and not just sales.
This kind of thing does not help the cause.
right it seem to have required an increase of ~500% in gun sales to decrease violent crime rate by ~50%
if it saves even one life it is a victory .. here is a fact for ya :: if you do not like our constitution and do not want to abide by it, then you should move to a country that does have a constitution you like and will abide by. ... there ya go your problem is solved.. go feel safe.
your "constitution" has been stepped on in a lot of ways, i don't think it's even relevant at this point.
but i do agree that if you are unhappy with the way the country does what it does then leave.
but this isn't the case, mostly people would like
some things to be different, but they don't care about it strongly enough to move. ( moving to a new country isn't exactly easy. )
come feel safe in canada, with justin trudeau legalizing marijuana, we will soon be an even more peaceful poeple.
when they take gun rights away i very well may leave the usa and eventually denounce my citizenship..... i absolutely hate the abusive high taxes we are forced to pay.. and i hate obamacare too... both of those are great reasons to ditch the usa.
You live in a wonderful free democratic country, there is a stinking mess out there beyong your shores. Vote for a party which doesnt promote gun control. In fact just owning a gun ensures you and millions of others dont have to put up with government crap and they know this. Be proud to be American, fight that rot that is being drip dripped on to you every day to denigrate your own country. The Swedes pay 60% tax to "redistribute" it to feckless no hopers and hundreds of thousands of middle east immigrants who will never make a net contribution and may well turn their country into the same hell hole they've escaped from. The whole of Europe is a failed socialist state. The soviet union has long since collapsed, China no paradise. The Muslim world all 1.7 billion of them unwelcoming to the Kuffar. Canada in rapid descent finds the most urgent measure needed is to legalise pot. Most Canadians I know thought it was already legal, they send enough of their shit into USA. Need I go on! Make the most of it theres no ideal paradise out there, unless of course you are filthy rich.
46.
Post 13052691 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.34h):
... replace German traditions ...
What traditions are we talking about here, specifically? Like grown men wearing those little boy pants, or starting World Wars ...and loosing them?
We've been here before, lots of new accounts springing up, lots of off topic crap, going sideways for too long, can only mean one thing. Price is going down.
47.
Post 13732433 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.42h):
There's really only two outcomes without a higher or removed max block size: stagnation or network congestion failure.
Like you don't need a gun to kill an ant, you don't need bitcoin to buy your damned coffee. Bitcoin is for gentlemen's transactions. Capisc?
As this block size debate clearly shows: gentlemen don't use Bitcoin.
I assumed we all had our butlers manage our day-to-day financial affairs. Dear god, did you people think I actually dirtied my hands with 1s and 0s? These silk gloves are white for a reason.
Hence my lack of participation in the block size debate: it's frightfully dull, I would need to associate with the hoi polloi, and if BTC goes south I'll simply sack my butler. (Sorry, Woodhouse).
Think you a chap. Find out here for a tongue in cheek review of gentlemen
http://thechap.co.uk/category/am-i-chap/
48.
Post 15338568 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.54h):
This could be a flash point in history.
nah, tptb will never allow it, the thing is rigged
you ever wonder why all the elections these days are "too close to call" 49-51 affairs?
"It's not the people who vote that count. It's the people who count the votes." Attributed to Joseph Stalin
49.
Post 15965068 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.57h):
Margin Trading has been active for a while and longs have increased about $2 million in last 7 days shorts are currently about 1.5K btc
https://www.bitfinex.com/statsFinex now #7 by 24hr. volume.
7 Bitfinex BTC/USD $ 2,273,800 $ 574.71 3.84 % Recently
sad trombone.
At this point, we cannot completely attribute the cause of the loss of volume - yet a fair inference does come from loss of confidence. On the other hand, before the "hack", quite a bit of Bitfinex's volume seemed to have come from margin trading, which appears to have not been re-enabled, yet.
50.
Post 15965191 (copy this link) (by oldm8) (scraped on 2020-04-04_Sat_14.57h):
Thanks for the link - a good read over my coffee.
