All posts made by lay785 in Bitcointalk.org's Wall Observer thread
1.
Post 6868160 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.46h):
are there any threads for major noobs explaining day by day price changes and things....
2.
Post 6868257 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.46h):
who owns those 1500 bitcoins and why are they even putting it up?
3.
Post 6885931 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.46h):
so the guy with the wall is trying to keep the price artificially low so he can buy peoples coins?
4.
Post 7517343 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.55h):
just waiting for bitfinex stop loss trades to activate for a full on crash.
5.
Post 7517827 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.55h):
How do I know when to buy back in? after the auction results are leaked/announced?
6.
Post 7517835 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.55h):
Anyone else notice how all the bitcoin high priests and cheerleaders have been conveniently absent for the past couple weeks? The exponential log charts have been tucked into suitcases and the purveyors of these bitcoin pipe dreams are heading onto the next big thing. Makes you wonder... all of us still holding... are we the bag holders afterall?
They actually made their own forum to escape morons like you.
such hate for anyone who doesnt have dreams of instant gratification...
7.
Post 7522020 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.55h):
windjc is close to ignore because I think he's just trolling me. He responds to each of my posts in every thread sometimes with an argument that is completely out of context.
ye hes trolling you pretty hard.
8.
Post 7599358 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.56h):
600btc wall at $620 on bitstamp.
9.
Post 7615036 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.56h):
10.
Post 7631791 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
So today we had two major retailers announce that they're taking bitcoin and we're now lower value than we were 24 hours ago. This market is brutal.
As many people have pointed out already, those major retailers announced that they are taking dollars -- that will come from the sale of bitcoins, mostly by bitcoin enthusiasts. So those news may give bitcoin more visibility, but it is questionable whether they will expand the number of bitcoin owners, and they imply more coins moving from hoards into the market.
And, anyway, those news are irrelevant to the Chinese traders -- who seem to be leading the current drop.
Merchant adoption is the next step towards global acceptance after the initial investment / speculation phase. It's the next logical step and it's a good sign.
They are not taking dollars, they are taking Bitcoins. And not all of the merchants are selling 100% of the Bitcoins back to dollars by the way.
When people start to realize how easy crazy is to buy things in locally and the internet without the need of giving credit card or bank information to anyone acceptance is going to increase. It's the next natural / logical step, credit cards are a thing of the past and obsolete.
Interesting points. However I still cannot understand why someone would pay with bitcoins if rewards credit cards offer bonus cashback + services and features.
eg. many companies add an extra year warranty + some have purchase protection if item gets stolen/breaks within 90 days + protection from sellers who dont send quality goods and refuse to make good on the purchase and many more features.
Some of these benefits coupled with extra cash back (eg. I have a card that gives 2% cashback on all purchases) wont exactly make people flock to bitcoin unless they have something to hide or are paranoid and want to be "anonymous" (as if the nsa cant track you anyway...).
P.S. Of course there is a use for someone who cant get their hands on a credit card with features like those mentioned above (most people probably can though).
11.
Post 7631866 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
So today we had two major retailers announce that they're taking bitcoin and we're now lower value than we were 24 hours ago. This market is brutal.
As many people have pointed out already, those major retailers announced that they are taking dollars -- that will come from the sale of bitcoins, mostly by bitcoin enthusiasts. So those news may give bitcoin more visibility, but it is questionable whether they will expand the number of bitcoin owners, and they imply more coins moving from hoards into the market.
And, anyway, those news are irrelevant to the Chinese traders -- who seem to be leading the current drop.
Merchant adoption is the next step towards global acceptance after the initial investment / speculation phase. It's the next logical step and it's a good sign.
They are not taking dollars, they are taking Bitcoins. And not all of the merchants are selling 100% of the Bitcoins back to dollars by the way.
When people start to realize how easy crazy is to buy things in locally and the internet without the need of giving credit card or bank information to anyone acceptance is going to increase. It's the next natural / logical step, credit cards are a thing of the past and obsolete.
Interesting points. However I still cannot understand why someone would pay with bitcoins if rewards credit cards offer bonus cashback + services and features.
eg. many companies add an extra year warranty + some have purchase protection if item gets stolen/breaks within 90 days + protection from sellers who dont send quality goods and refuse to make good on the purchase and many more features.
Some of these benefits coupled with extra cash back (eg. I have a card that gives 2% cashback on all purchases) wont exactly make people flock to bitcoin unless they have something to hide or are paranoid and want to be "anonymous" (as if the nsa cant track you anyway...).
P.S. Of course there is a use for someone who cant get their hands on a credit card with features like those mentioned above (most people probably can though).
Do you truly believe all these bonus cashback, services, features, extra year warranty, purchase protection, and ability to charge-back are FREE? YOU are the one paying for all these crap, and even you don't want these you have no choice
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
What do you mean if I "dont want these" - why in the world would any sane person not want "cashback" and an "extra year warranty"........ wtf are you smoking.
12.
Post 7631893 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
So today we had two major retailers announce that they're taking bitcoin and we're now lower value than we were 24 hours ago. This market is brutal.
As many people have pointed out already, those major retailers announced that they are taking dollars -- that will come from the sale of bitcoins, mostly by bitcoin enthusiasts. So those news may give bitcoin more visibility, but it is questionable whether they will expand the number of bitcoin owners, and they imply more coins moving from hoards into the market.
And, anyway, those news are irrelevant to the Chinese traders -- who seem to be leading the current drop.
Merchant adoption is the next step towards global acceptance after the initial investment / speculation phase. It's the next logical step and it's a good sign.
They are not taking dollars, they are taking Bitcoins. And not all of the merchants are selling 100% of the Bitcoins back to dollars by the way.
When people start to realize how easy crazy is to buy things in locally and the internet without the need of giving credit card or bank information to anyone acceptance is going to increase. It's the next natural / logical step, credit cards are a thing of the past and obsolete.
Interesting points. However I still cannot understand why someone would pay with bitcoins if rewards credit cards offer bonus cashback + services and features.
eg. many companies add an extra year warranty + some have purchase protection if item gets stolen/breaks within 90 days + protection from sellers who dont send quality goods and refuse to make good on the purchase and many more features.
Some of these benefits coupled with extra cash back (eg. I have a card that gives 2% cashback on all purchases) wont exactly make people flock to bitcoin unless they have something to hide or are paranoid and want to be "anonymous" (as if the nsa cant track you anyway...).
P.S. Of course there is a use for someone who cant get their hands on a credit card with features like those mentioned above (most people probably can though).
Do you truly believe all these bonus cashback, services, features, extra year warranty, purchase protection, and ability to charge-back are FREE? YOU are the one paying for all these crap, and even you don't want these you have no choice
I sort of agree with that. Point being if merchants credit card costs are 3.5%, perhaps provide a 2% discount for payments in BTC
That is what I have been saying for ages. If the consumers are losing cashback + credit card benefits why should the prices stay the same for bitcoin users.... wtf... (also companies wont have to ever deal with fake charge backs etc.)
These companies are being very greedy by not passing the savings on to consumers...
Also it is worth noting that sometimes companies have special deals eg Discovercard sometimes has "10% off at lenovo.com". Bitcoin users will definitely be further disadvantaged in such cases...
13.
Post 7632605 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
You absolutely have, you just aren't aware of it. Merchants are charged fees by the CC processors and those are passed onto you, the customer. Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.
Maybe there is a markup to make up for transaction fees. The point that Im making is that the merchants charge the same price whether you pay by cc or cash or bitcoin. At least I get a few % cashback + other benefits and it basically negates any markup. You pay the same price with bitcoin and get no benefits.
Therefore unless bitcoin payments get some sort of discount youd have to be pretty stupid or paranoid about the nsa snooping on you to pay via bitcoins...
14.
Post 7632647 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
Do you truly believe all these bonus cashback, services, features, extra year warranty, purchase protection, and ability to charge-back are FREE? YOU are the one paying for all these crap, and even you don't want these you have no choice
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
What do you mean if I "dont want these" - why in the world would any sane person not want "cashback" and an "extra year warranty"........ wtf are you smoking.
Have you ever asked for a "cash price" before making a purchase? I do it all the time and when the merchant provides a cash discount it easily beats any cash back or other features I might receive from using a credit card.
So... your "totally free" credit card is costing you in the form of more expensive products across the board.
Although I don't do much shopping with Bitcoin, apparently there is a company (eGifter) offering 3% cash back when purchasing their gift cards with Bitcoin instead of traditional methods. I expect to see more companies take this approach as Bitcoin gains traction.
Oh really so walmart gives discounts for cash payments vs credit cards? what about amazon? what about newegg?
If you buy amazon gift cards from certain stores you can get 10% cashback. How can cash compete with that?
I get a minimum of 2% cashback on all my purchases, some stores get 5-10% off. Unless the store offers such large percentages off youre better off using a cc and getting cashback + benefits.
15.
Post 7632692 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
You absolutely have, you just aren't aware of it. Merchants are charged fees by the CC processors and those are passed onto you, the customer. Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.
You could argue that everything costs 3% more because credit cards, but it's not hard to earn more than that with rewards, so it's kind of a YMMV situation.
I do hate the fact that all my rewards-based trips are basically paid for by other consumers with massive amounts of credit card debt, though.
Huh show me a free credit card the gives 3% cashback which is not a set time or category promo.
Highest ive seen is 2.2% cashback. Certain rewards points are thought to be worth 5-15cents each eg. starwood amex points if you intend to stay at hotels and compare the price to what the hotel normally costs. Theres an annual fee on that card but some people get it waived. Was just giving an example of how depending on how you use your points you can get much more than 3%.
I know someone who has an amex gold and sells amex rewards points for like 5cents or so. although that has an annual fee as well. if you spend enough you negate the annual fee and can still get like 3.5-4%.
16.
Post 7634796 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
You absolutely have, you just aren't aware of it. Merchants are charged fees by the CC processors and those are passed onto you, the customer. Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.
You could argue that everything costs 3% more because credit cards, but it's not hard to earn more than that with rewards, so it's kind of a YMMV situation.
I do hate the fact that all my rewards-based trips are basically paid for by other consumers with massive amounts of credit card debt, though.
Huh show me a free credit card the gives 3% cashback which is not a set time or category promo.
Highest ive seen is 2.2% cashback. Certain rewards points are thought to be worth 5-15cents each eg. starwood amex points if you intend to stay at hotels and compare the price to what the hotel normally costs. Theres an annual fee on that card but some people get it waived. Was just giving an example of how depending on how you use your points you can get much more than 3%.
I know someone who has an amex gold and sells amex rewards points for like 5cents or so. although that has an annual fee as well. if you spend enough you negate the annual fee and can still get like 3.5-4%.
IF you spend enough and IF you want to stay in that specific hotel IF that hotel is available on that date IF your points don't expire ... bottom line credit companies are for profit and are making money (lots of it) off transactions. There can be no argument that cutting them out is beneficial, to both merchants and their customers, a more valid argument should be how those savings should be split between two
unless part of the rewards come from people overspending and the interest they end up paying. paying in bitcoins even with discounts might not be able to compete with incentives credit card companies can afford to offer.
17.
Post 7634883 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
Do you truly believe all these bonus cashback, services, features, extra year warranty, purchase protection, and ability to charge-back are FREE? YOU are the one paying for all these crap, and even you don't want these you have no choice
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
What do you mean if I "dont want these" - why in the world would any sane person not want "cashback" and an "extra year warranty"........ wtf are you smoking.
Have you ever asked for a "cash price" before making a purchase? I do it all the time and when the merchant provides a cash discount it easily beats any cash back or other features I might receive from using a credit card.
So... your "totally free" credit card is costing you in the form of more expensive products across the board.
Although I don't do much shopping with Bitcoin, apparently there is a company (eGifter) offering 3% cash back when purchasing their gift cards with Bitcoin instead of traditional methods. I expect to see more companies take this approach as Bitcoin gains traction.
Oh really so walmart gives discounts for cash payments vs credit cards? what about amazon? what about newegg?
If you buy amazon gift cards from certain stores you can get 10% cashback. How can cash compete with that?
I get a minimum of 2% cashback on all my purchases, some stores get 5-10% off. Unless the store offers such large percentages off youre better off using a cc and getting a cashback + benefits.
Umm... no, those particular stores that you've mentioned do not give cash discounts. I'm mainly talking about local shops owned by local folks.
Of course I use a credit card with cash back when appropriate (such as when I shop at any of the stores you've mentioned). Yet, I've made several large purchases at other (local) stores where I was able to get a much better deal after the cash discount.
Perhaps you would like to share how to get 10% cash back on Amazon gift cards, as I am a frequent customer.
For a while amex was offering 10% off all purchases at officemax on "Amex Open" cards. You could just purchase gift cards and youd get 10% back. They recently changed the terms for the card and removed this. I havent checked for the new methods of doing this yet but Im sure there are certain cards that can be used to buy gift cards for large discounts at retail stores.
18.
Post 7634911 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
Credit cards are awful. Identity theft is awful. Chargebacks are awful. A whole industry being dedicated to credit card fraud is awful and unnecessary. Merchants being forbidden to pass the cost of the credit cards onto their consumers directly is awful.
Cash is easily lost, stolen, destroyed.
We need something much better. We have something much better.
Troll harder.
I was talking about what impact certain companies might have on the bitcoin price now that they accept payment via bitcoin.
I pointed out that without any discount in price there are no financial incentives to use bitcoins if you have a rewards credit card.
19.
Post 7634966 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
You absolutely have, you just aren't aware of it. Merchants are charged fees by the CC processors and those are passed onto you, the customer. Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.
Not only will merchants begin to offer bitcoin discounts because of the lower overhead compared to cc's but as A. Antonopoulus explains once the rising (deflationary) value of bitcoin is recognized by merchants they will have as much incentive to obtain bitcoins vs. fiat as hoarders have and will discount bitcoin prices accordingly.
I hope you are correct. newegg are being "great greedy guts" for not offering any discounts yet saving substantially on fees.
To get a discount at the moment can you keep your items in cart and only checkout and pay when bitcoins rise for a few minutes above current pricing
20.
Post 7635760 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.
You absolutely have, you just aren't aware of it. Merchants are charged fees by the CC processors and those are passed onto you, the customer. Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.
Not only will merchants begin to offer bitcoin discounts because of the lower overhead compared to cc's but as A. Antonopoulus explains once the rising (deflationary) value of bitcoin is recognized by merchants they will have as much incentive to obtain bitcoins vs. fiat as hoarders have and will discount bitcoin prices accordingly.
I hope you are correct. newegg are being "great greedy guts" for not offering any discounts yet saving substantially on fees.
To get a discount at the moment can you keep your items in cart and only checkout and pay when bitcoins rise for a few minutes above current pricing
that is an idea.....buy bitcoin on coinbase...hope/wait for next rise (the usd you bought btc for at least mentally was for the old say laptop purchase on newegg) ...bide your time...
viola ..you have taken the usd you would have paid for the laptop on newegg.com but you waited..if really lucky btc goes up 1/3 on this set aside usd for a laptop..you make a killing
(too much planning)
but hey it is possilbe (if you are all like us and believe btc will go up ) kinda a btc 'faith/growth' kinda deal 'washing' your USD you'd use to buy laptop anyway in more valuable (hopefully) btc when you pull the trigger and get it from newegg...call it "get a coupon for ??>? off via btc timing"
again I impulse buy so it won't work...for those of you with OCD it will work just grand......
Searing
You are quite right. that would in all likelihood work. I impulse buy as well so I wouldnt have the patience necessary for this method :p
However you have potentially found a reason why bitcoin can be more financially beneficial for consumers even with no clear discounts. Good job!
21.
Post 7637154 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.57h):
So today we had two major retailers announce that they're taking bitcoin and we're now lower value than we were 24 hours ago. This market is brutal.
As many people have pointed out already, those major retailers announced that they are taking dollars -- that will come from the sale of bitcoins, mostly by bitcoin enthusiasts. So those news may give bitcoin more visibility, but it is questionable whether they will expand the number of bitcoin owners, and they imply more coins moving from hoards into the market.
And, anyway, those news are irrelevant to the Chinese traders -- who seem to be leading the current drop.
Merchant adoption is the next step towards global acceptance after the initial investment / speculation phase. It's the next logical step and it's a good sign.
They are not taking dollars, they are taking Bitcoins. And not all of the merchants are selling 100% of the Bitcoins back to dollars by the way.
When people start to realize how easy crazy is to buy things in locally and the internet without the need of giving credit card or bank information to anyone acceptance is going to increase. It's the next natural / logical step, credit cards are a thing of the past and obsolete.
Interesting points. However I still cannot understand why someone would pay with bitcoins if rewards credit cards offer bonus cashback + services and features.
eg. many companies add an extra year warranty + some have purchase protection if item gets stolen/breaks within 90 days + protection from sellers who dont send quality goods and refuse to make good on the purchase and many more features.
Some of these benefits coupled with extra cash back (eg. I have a card that gives 2% cashback on all purchases) wont exactly make people flock to bitcoin unless they have something to hide or are paranoid and want to be "anonymous" (as if the nsa cant track you anyway...).
P.S. Of course there is a use for someone who cant get their hands on a credit card with features like those mentioned above (most people probably can though).
Some merchant have something for sale for 0.98 BTC: I see no reason why you can not pay 1 BTC, and seconds after get 0.02 BTC back from the merchant, if this is an offer and you agree. But what would be the point? It is so fun receiving money?
My point was that retailers are offering an item for $100 or $100 worth of bitcoin. However you save 2% + get more benefits by using fiat on a credit card.
22.
Post 7778730 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.58h):
Damn, thought that 3800 CNY wall might hold on Huobi. There's just no buyers right now, no volume either way. Are we just gonna keep drifting down? I'll keep holding my bags.
We might keep drifting down for a little while, but as a general rule I feel that these sell walls represent a buying opportunity. I say that because if I were honestly trying to unload coins rather than just manipulate the price then I'd do it piecemeal in several smaller bids so as to have as minimal an impact on prices as possible (and it is also quicker because you don't get front ran so much by panic sellers). So, unless these sell wall guys are complete idiots, there seems to be market manipulation. The manipulation has a downward, not an upward, impact on prices making coins cheaper in a way that they know and that enables accumulation (and even if some of their coins get bought out from them, there are still more people front-running their walls and other exchanges responding to the impact of the walls on the one exchange, for them to pick up more coins in small increments). Ergo, whenever I see these things I interpret it as a buying opportunity as the only reason why somebody would be doing it (absent it being government level manipulation which it doesn't appear to be... it would be thousands rather than hundreds of coins) is because they think the true valuation of the coin is higher than where they set the wall.
Could they get dicked over doing this... perhaps, but not at this volume level. Anyhow, I am fairly new, but this strategy has yet to fail me over the past two months... I buy into these sell walls every chance I get.
Thus, maybe I'd sell if I were you if you expect this to go on for a little while longer, but I'd have an eye towards jumping right back into the game soon.
The longer they pull this off the more coins they can get at cheaper prices since many people are panicking. I guess this method is very successful at manipulating the market. Now if only some whale would come and demolish their wall...
23.
Post 7883487 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.59h):
bullish af
24.
Post 7888668 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_12.59h):
I have this eerie feeling we are on the verge of a breakout.
I could be wrong. I am a total uber-bull so perhaps a little too optimistic, but I wouldn't be surprised if things get really interesting soon here.
Same feeling here.
But I have said this many times now
THIS TIME ITS DIFFERENT.
$635 within 24 hours?
downward breakout mate. dumpers are too strong.
25.
Post 8062431 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.01h):
26.
Post 8066329 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.01h):
Looks like we are about to find out if the wall at $575 is real or not.
lol part of the wall dissipated. obv was fake :p
27.
Post 8067964 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.01h):
so on bitstamp someone bought 1k btc at $575 and suddenly a new wall appears selling 1k bitcoins for .004% (exactly bitstamps buying + selling fees - .002% for buying or selling) more at $577.3 - why would someone buy 1k just to sell them at no profit 5 mins later???
28.
Post 8068043 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.01h):
What just happened?
Not sure if actual question but:
Guy is flashing 1.3k ask wall @ 577ish; someone decides to market order to $580, then ask wall comes back..
So hes flashing a wall to try get the price to go lower?
29.
Post 8078786 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.01h):
other threads still think we are heading down, hahaha we are one step ahead!
I don't think we can go down very far. Looks like support above 7777 is holding.
As long as we don't dump our posts and HODL. 7777 support should hold
A crash to 7776 is imminent. Support dwindling
ill delete my posts until it goes down to 6666 then re-start posting at the bottom.
30.
Post 8079556 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.01h):
Any thoughts on what BTC might do when the U.S. announces that it is in a technical recession coming this Wednesday? Anybody think this could possibly move the dial or only in theory?
The announce is speculative or confirmed?
no - some guy just said it could happen. nothing to it yet.
http://business.financialpost.com/2014/07/28/u-s-may-fall-back-into-recession-high-profile-analyst-gary-shilling-says/
31.
Post 8097618 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.01h):
Ah, yes, you are a conservative investor. Why are you even in this forum?
As I've said before, I like the general idea of open sourced monetary systems. I think that bitcoin itself doesn't have much practical value beyond the black market, but I think that the general idea has a lot of potential for future development.
have you seen the prices + exchange rates that banks + western union charge.... theres a very legitimate use of bitcoins in currency exchange + transfers...
32.
Post 8171789 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.02h):
33.
Post 8211564 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.03h):
good news = price drop #logic
34.
Post 8212976 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.03h):
35.
Post 8213011 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.03h):
Huobi now 6 $ higher than stamp, if you can trust the yuan/dollar conversion used on bitcoinwisdom.
Bitcoinwisdom says they get the conversion rate from some public source every day. But arbitragers have their own rate, which presumably depends on withdrawal fees etc.
You'd think 1.3% difference would be enough to entice arbitragers
36.
Post 8216731 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.03h):
the lower bitstamp the price goes the higher huobi price becomes. WTF???
37.
Post 8242120 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.03h):
why is there a massive difference in price between the western exchanges and the chinese ones?
38.
Post 8330078 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.04h):
Bloody Wednesday. Waiting for the US to wake up.
just watch it crash further as people stop-loss when they wake up.
39.
Post 8330216 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.04h):
hepl!!!
40.
Post 8330285 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.04h):
choo choo!!! train is at full speed.
41.
Post 8393067 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.05h):
Coinbase selling out is bullish AF! In a couple of days watch the price soar.
People get your trains ready. if you can buy any amount of BTC at this low price do so now!
If anyone wanted a sign to buy back in this is your "early warning". dont miss out!
The american market is desperately wiring money to exchanges. Look at the prices on LBC . they are much higher than usual because sellers are all sold out.
42.
Post 8393127 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.05h):
Whoa, Coinbase is sold out..
"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more
Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."
That's bullish right ?!?!?
Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO
They might have insider info that prices will soar by next weeks so they buy the amount now and resell to customers next friday = massive profit!
43.
Post 8393179 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.05h):
Whoa, Coinbase is sold out..
"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more
Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."
That's bullish right ?!?!?
Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO
Isn't this very strange? I thought coinbase could always buy at exchanges to cover their btc stock.
They can't? Why? How do they cover their btc stock?
They need to wire money to the exchanges. That takes a few days. some whales probable use coinbase instead of risking their money on foreign bitcoin exchanges.
44.
Post 8396602 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.06h):
Aren't we supposed to never see sub 500 again and start to rise again? Many ppl said that before the rise to 520's with almost no volume
But where is your HODL now?
some whales are shorting at the moment and cant afford for the price to rise before they buy back in. Gonna be some market manipulation to make people sell their coins cheaply.
45.
Post 8401999 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.06h):
Bifinex has now more then 6000 btc in shorts. Question now is: were those btc actually already shorted or people are still waiting for the right time to do it? Can someone explain how is with short positions on bitfinex? I only do with longs usually? Thanks
Those "shortes" could get fucked up if few big buys happens.
they are going to manipulate the market so they profit off their shorts.
46.
Post 8448709 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.07h):
This is killing me!
Yes. This week has seriously been unhealthy. Ice cream, popcorn, and not sleeping. Before that I had a great exercise routine going.
same except ive been doing arbitrage like mad.
47.
Post 8448800 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.07h):
why is bitfinex trading at btce price and not stamps?
48.
Post 8606801 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.09h):
what the heck is wrong with BTC-E is it broken?
49.
Post 8606882 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.09h):
broken bot = massive loss of money = massive btc-e profit from trade fees
maybe someone's api bot has been hacked but they cant withdraw the funds so they are wasting all the money on fees...
50.
Post 8607024 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.09h):
looks like the same bot on btc_e buying and then instantly selling. buy and sell price are somehow the same as well:
https://bitcoinwisdom.com/markets/btce/btcusdedit: no slippage because the bot is buying and selling to itself.....
51.
Post 8607177 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.09h):
Dear Robot Santa,
Do not turn off, now that you are moving up instead of down, until you reach $1,000,000... preferably that time will come tonight. I promise to be a good boy for the rest of the year and leave you cookies and milk
=D
Joke.
Lmfao , made my day
52.
Post 8918681 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.15h):
fake wall was fake.
Wall was real and got market sold down to 390$ @Stamp
Good eye. I saw it as well.
53.
Post 9015984 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.17h):
wow circle is so smooth! Just bought some btc on my credit card!
54.
Post 9526226 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.31h):
OkCoin @ 2800
Huobi @ 2700
Da fak?
arbitrage not happening??
55.
Post 9527688 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.31h):
$15 gap between bitfinex and bitstamp?
Dont get me started on the difference between bitstamp and china...
56.
Post 9538007 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.31h):
if manipulator ddosing what would they gain?
57.
Post 9558396 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.32h):
going up and down too much per day. manipulators feeding on peoples longs and shorts.
58.
Post 9579785 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.32h):
any thought on how the latest US Marshals auction will affect btc price:
http://www.coindesk.com/us-marshals-auction-50000-bitcoins-seized-ross-ulbricht/Will also be more auctions for the rest of the coins that they have.
59.
Post 9580679 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.32h):
do you guys believe we are going to sub $300?
What a fucking troll!!!!!!!! You ask nearly the same exact question again and again and again.. and you add NO substance or analysis..
What the fuck do you think is going to happen? You probably have as good of an idea as anybody else, so why don't you share your opinion, to the extent that you can present it without those pie in the sky outlandish ideas.
don't let him get to you
sub $370 is a joke, and the joke is on the sellers and the shorters that haven't closed them yet. I simply can't believe some people are selling at these prices. But some people seem to have less balls than a Eunuch...
Just a matter of waiting for the whales to get their fill of suckers, then back up we go.
I swear your rhetoric has changed.. perhaps with the market.
however bfxdata showing shorts continuing to close. dunno what kinda play this is to be honest.. insert spiderman meme.
Yes I was bearish until about a month before we hit the bottom at $275. I had concerns about Bitcoin, but they were unfounded and I was wrong. I'm firmly in the bull camp now long term. Bear season is over, we will still have volatility, but the direction is up from here.
I'm mainly holding and doing a small amount of trading. At the moment the whales are simply milking the last of the remaining bears imho.
No shortage of coins with the current auction and also the upcoming one by the US marshals...
60.
Post 9600108 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.33h):
I wonder if the 50k coin sale is factored into the current price or if people will panic sell 24 hours before the auction.
61.
Post 9600212 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.33h):
I wonder if the 50k coin sale is factored into the current price or if people will panic sell 24 hours before the auction.
I think it'll cause a price drop in the short term.
Too many people haven't got the balls to hold through rough times.
The thing is this auction isn't even a particularly bad thing.
Certain people get swayed by the media & will sell cheaply & desperately.
Worst case if the winner/s lowball/s the auction - if they dump it on the market where would the price of bitcoin go? - providing they dump it among all the exchanges?
The infamous bearwhale dumped over 30k at $300 - might 50k fetch more or less.
Also if the winner wants to dump but holds off doing so will the market be afraid to move upward until the buyers intentions become known?
62.
Post 9600425 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.33h):
I wonder if the 50k coin sale is factored into the current price or if people will panic sell 24 hours before the auction.
I think it'll cause a price drop in the short term.
Too many people haven't got the balls to hold through rough times.
The thing is this auction isn't even a particularly bad thing.
Certain people get swayed by the media & will sell cheaply & desperately.
Worst case if the winner/s lowball/s the auction - if they dump it on the market where would the price of bitcoin go? - providing they dump it among all the exchanges?
The infamous bearwhale dumped over 30k at $300 - might 50k fetch more or less.
Also if the winner wants to dump but holds off doing so will the market be afraid to move upward until the buyers intentions become known?
You are describing a scenario that is NOT too likely to happen.
For example, the last time had more than 30 bidders, and this time is likely NOT going to be too different. There will be a number of benevolent and bitcoin believers that are going to bid 5 to 10% above market price. Accordingly, any winning bid would have to bid at least 5 to 10% above market price.
Yes but the thing is last time tim draper got badly burnt with his strategy of buying above market - and additionally the 50k coins currently up for auction arent even the entire stash. theres even more to come... If I were a bidder I would lowball the first auction and see if there was a demand before bothering to pay above market -
63.
Post 9600474 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.33h):
I wonder if the 50k coin sale is factored into the current price or if people will panic sell 24 hours before the auction.
I think it'll cause a price drop in the short term.
Too many people haven't got the balls to hold through rough times.
The thing is this auction isn't even a particularly bad thing.
Certain people get swayed by the media & will sell cheaply & desperately.
Worst case if the winner/s lowball/s the auction - if they dump it on the market where would the price of bitcoin go? - providing they dump it among all the exchanges?
The infamous bearwhale dumped over 30k at $300 - might 50k fetch more or less.
Also if the winner wants to dump but holds off doing so will the market be afraid to move upward until the buyers intentions become known?
You are describing a scenario that is NOT too likely to happen.
For example, the last time had more than 30 bidders, and this time is likely NOT going to be too different. There will be a number of benevolent and bitcoin believers that are going to bid 5 to 10% above market price. Accordingly, any winning bid would have to bid at least 5 to 10% above market price.
Yes but the thing is last time tim draper got badly burnt with his strategy of buying above market - and additionally the 50k coins currently up for auction arent even the entire stash. theres even more to come... If I were a bidder I would lowball the first auction and see if there was a demand before bothering to pay above market -
or, the only thing you want before the auction starts is to lower the bitcoin price, so you still get em cheap paying even 20% above market price
auction: 50k BTC major exchanges bid volumes to sub $300: <20k BTC
Lol agreed!
If buyer is confident of winning they should already short now and pay off the short with the auctioned bitcoins. (if they short but dont win - then that would be funny )
64.
Post 9600582 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.33h):
Yes but the thing is last time tim draper got badly burnt with his strategy of buying above market - and additionally the 50k coins currently up for auction arent even the entire stash. theres even more to come... If I were a bidder I would lowball the first auction and see if there was a demand before bothering to pay above market -
How did he get burnt?
He was able to buy 50k bitcoins at a lower price than he could have paid on the exchange.
This.
Some users here simply can't or don't want to think.
It was 30k that Draper bought earlier in the year. However, to some HNW individuals these are worth more than "normal" market-sourced bitcoins, because the US Marshal's coins have been laundered by the government.
#sarcasm
I hope?
65.
Post 9635197 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.34h):
bull trap , someone pumping right into peoples shorts.
66.
Post 9635837 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.34h):
if you want to be famous get on the 10000th page.
67.
Post 9635882 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.34h):
if you want to be famous get on the 10000th page.
Fame is not a good thing unless it's accompanied by fortune.
The secret is to acquire the fortune without the fame.
Anonymity FTW.
very true.
68.
Post 9635923 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.34h):
hi mom!!! I'm on tv!!!!
Screenshot taken as proof of post in case of double spend or 51% attack.
69.
Post 9638166 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.34h):
what's up with this volume
insider trading or pump and dump.
70.
Post 9644970 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
crazy how 1 dump changes market sentiment so fast
I rarely say something like this but this does seems like a pre-scripted organized manipulation, executed with surgical precision.
+1
71.
Post 9645611 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
I always know when to short but I never do it (I normally only go long). 389 looked really tempting today :S
Need to move some funds from bitstamp to bitfinex.
72.
Post 9648444 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
still getting dumped as we speak.
73.
Post 9648685 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
After this pump comes the dump, she said. And ShroomsKit was born.
ouch lol
74.
Post 9648757 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
short squeeze???
75.
Post 9649008 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
where can I apply to short on the 10k posts. The dumpers are insatiable.
76.
Post 9649494 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
and china dumps :s
77.
Post 9649516 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
While you people spend your days watching traders taking down the price i'm watching the silver charts going up.
why not short then?
78.
Post 9649556 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
btc-e spread is like $12+ from bitfinex??
79.
Post 9650819 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
did my first short ever - 393 -> 383. Only did 5btc.
80.
Post 9651025 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
Quick buy cheap coins whilst you can
Why would you if you can buy them at 350 again in a day or 2?
Because there is a pump right now that is not gonna stop for 24 hours.
Easy profit.
may as well use the manipulators to turn yourself a profit rather than lose money :p
81.
Post 9656493 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
Black friday is coming.
82.
Post 9658080 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
...
They can take our FREEDOM, but they'll never take our BITCOIN!
Yeah, That's what D
read Pirate Ross used to say. And now his Bitcoin is tanking the market.
Unfortunate
Unfortunate indeed to think that if Mr Roberts had simply employed better control and protection of his private keys, his bitcoins would still remain under his control...
Worst case at least he would have some leverage.. maybe even enough to get the "big bank treatment" and only have to pay a multi million dollar fine, just like all the other crooks that are part of the club...
FBI couldve just administered some meds and got him to reveal everything. Not sure what steps you can take to prevent such a thing from happening.
Any ideas people?
83.
Post 9660082 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
Auctions have usually been won by long term investors. Why buy at a premium (and they do buy at a premium most of the time) only to dump immediately? That's burning money...
How do you know they buy at a premium? Have there been any major auctions where the price was made public?
bulls are praying that tim draper buys them all again.
84.
Post 9669312 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
.... . .-.. .-.. --- / .-- --- .-. .-.. -..
85.
Post 9670240 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
- .... . / -. ... .- / .- .-. . / . ...- . .-. -.-- .-- .... . .-. . .-.-.- / .. - ... / .- / - .-. .- .--. .-.-.-
86.
Post 9678569 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.35h):
10,000 pages of utter shit!
stay classy, wall observers!
youre very welcome!
87.
Post 9697214 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
cmon .25 bot (nicknamed "quarter bot") - you can do it!
88.
Post 9698019 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
The nazi-card now? It's getting embarrassing.
I was tired about the over-repeated Chinese posters, so even though the "quality" remained comparable, he does makes it up on the "quantity", so we might should give him some credit for that.
I hate that Bitfinex bot. It's yet another reason for me not to buy back here but it would be a good reason to withdraw everything from Bitfinex for a now (but I can't withdraw USD).
How would you short if you withdrew all your money from bitfinex?
89.
Post 9703679 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
sorry major noob question here but can someone please answer.
On bitfinex if i want to go long on a margin trade - so I put an offer in to buy at say $300 and currently price is $380 -
My order will appear in the order book straight away -
So will a swap already have occured and will interest start accruing straight away? Or will this more likely happen only once a trade actually happens - so bitfinex will actually be putting a number into their system for money which has not yet been borrowed -
thanks
90.
Post 9708770 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
what if tim draper feels that he needs to buy all the coins at the new auction to lower his average buy in for bitcoins and also to potentially make the rest of his bitcoins worth more by allowing the market to rise after people are confident they wont be dumped on...
91.
Post 9713560 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
looks like lots of people are on the sidelines waiting for the results of the auction (check out the buy walls at lower prices)- but it appears that there arent enough sellers even now.
Once the auction is over and buyers want to buy back in. They will see that the price hasnt descended. There simply wont be enough btc to go around at current prices - so we will likely have large pump/bubble.
92.
Post 9713773 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
why is btc price on bitfinex 1% higher than bitstamp.
93.
Post 9715351 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
dat wall 5000btc 360, 12000btc 300
20k to 300 on bitfinex
94.
Post 9726126 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.36h):
bidders stand to benefit from lowering the prices.
Seems like they are finally getting to it.
95.
Post 9783584 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.38h):
wow very bullish if true...
96.
Post 9803833 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.38h):
close your shorts!!! close your shorts!!!
97.
Post 9803935 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.38h):
lots of shorters gonna be left underwater if it keeps rising 0.0
98.
Post 9804067 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.38h):
Hypothesis #1)
Reason for sudden rise in shorts when price rose:
Someone shorting the market wanted to manipulate the btc price by putting up massive sell walls. The effect would make traders/bots think we were in a bear market with massive selling pressure.
I dont think they realised that their fake sell wall would get eaten on the sudden rise.
Now they are f*cked...
http://www.bfxdata.com/combined/btc.php
99.
Post 9863525 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.39h):
so did we hit the bottom?
100.
Post 9903198 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.40h):
wow thats alot of shorts on bitfinex...
101.
Post 9911877 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.40h):
okcoin has a tiny orderbook but trades way more than any other exchange. how is this even possible?
102.
Post 10051931 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.44h):
news just in GOX coin now trading on bitstamp
what the f*ck next?
Microsoft adopts ->> price goes down
Paypal adopts ->> price goes down
NY Regulation ->> price goes down
...
...
Bitstamp Goxxed --> someone CCMFs Bitfinex.
Go figure...
Well wont bitstamp have to purchase 19k BTC to repay their customers #rally
103.
Post 10149056 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.48h):
why is finex always much higher than stamp? weird because there are no trading fees on stamp at the moment.
104.
Post 10149063 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.48h):
Welcome new early adopters! Are you enjoying your 30% increase today?
yes
105.
Post 10232936 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.51h):
Forum back online & we back to up 230.
I wonder how low we would be if site went down for some day
New bitcoin exchange in the USA
http://dealbook.nytimes.com/2015/01/22/winklevoss-twins-aim-to-take-bitcoin-mainstream-with-a-regulated-exchange/?_r=0
106.
Post 10259940 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.52h):
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?
Is it that they will have less regulation so to speak and this itself will be an advantage?
107.
Post 10260655 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.52h):
I just tried calculating my average btc buy price, it is not higher than $260 - probably around $230 - too many small buy ins to accurately calculate my average - I only bought as I needed them for arbitrage and trading.
I started with btc in may 2014 and have been actively arbitraging - I slowly purchased however many I needed for my activities from $440->$650->$275
I recently made purchases and tripled my btc holdings during the price manipulation crash - averaged a third of current holding through purchases from $300-170 and decided to call the bottom at $165 at which I bought a third of my current holdings -
first time I have more coins than I need for my arbitrage/trade activities - I am now part of the hodler crew for 2/3 of my BTC since I dont need them for my trading/arbitrage
TIP + ADVICE FOR ANYONE WHO DEALS WITH BITCOINS:
GET A TREZOR!!! I'm going to buy my 2nd trezor when BTC hits $300 and my 3rd at $400 - or I might just buy the party pack XD
108.
Post 10260699 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.52h):
da fuk is fappening at btc-e
Someone tried buying a lot of btc but accidentally clicked sell? looks like easy money for anyone who had orders at $240 -- l0l
Or the guy who was doing it on bitstamp failed there so they are trying to crash price at btce instead - either way seems like they are pretty stupid...
109.
Post 10260723 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.52h):
Tip of the pros: Go to preev and type in your entire amount of BTC holdings. Watch your balance grow!!
^lol
110.
Post 10260857 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.52h):
da fuk is fappening at btc-e
Some lucky person bought at $240 from some sucker.
calling someone who just dumped 1.5 k of coins a sucker from this thread is a clear sign of a real sucker.
WTF you smoking - even if someone who wasnt a hodler bought it they can instantly resell for $260+ = $20+ per btc instant profit - no risk - the guy market sold like an idiot. Shouldve just spread out a sell wall at ~255-260 and let arbitragers/traders demolish it...
111.
Post 10260930 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.52h):
112.
Post 10261300 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.52h):
CHOOCHOO
113.
Post 10262105 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.53h):
btce- 273 bitfinex-288
Someone please arbitrage....
114.
Post 10264842 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.53h):
BUY people fucking BUY.
Don't end up being a bitter beartard / troll that gets left behind.
I would like to stay left behind... so I am not buying a single satoshi
enjoy your ride to the "moonz"
That is pretty bad taste, even for you.
i didn't want to comment but making light of those thousands of poor bastards on the train to the death camps is about as low as it gets ...
Amazing, I see my point well received...there are bulls and bears, but you are just a bunch of pigs going to be slaughtered by market makers...well in fact the truth is that you will be slaughtered by your delusion.
He's obviously an autistic fucktard who doesnt understand what people are telling him. He can express his opinion in many different ways but the fact that he is stooping to this is telling. Get cancer faggot...
115.
Post 10307271 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_13.54h):
116.
Post 11212129 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.12h):
greece getting kicked from the EU?
117.
Post 11269653 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.13h):
shorts are getting called/closed on some exchanges at the moment.
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Post 11290055 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
people waiting on the sidelines.
Eyes are still on GBTC.
Youtube does help:
https://www.youtube.com/watch?v=V031uXu6Uso
119.
Post 11290101 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
I found it more interesting how people are willing to pay much more for btc/shares or anything else on one regulated market rather on those shady exchanges most of us are using... We all know those exchanges probably won't survive in next years, because regulated and trusted exchanges will surpass them. So question here is, who will go down first? My guess is Bitfinex. They probably already working on fractional reserves, not to mention they are under big manipulation.
People will look back in the future and shake their heads at the insanity of sending large amounts of money to anonymous strangers in foreign lands. It still amazes me that people do it. Once the option of not getting potentially raped is there they'll all be dust.
I disagree. eg. BTC-E has never been competing with regulated exchanges and Bitfinex and Bitstamp are somewhere between BTC-E and fully regulated exchanges.
Each exchange type will find their Niche in the market.
120.
Post 11290236 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
wtf just happened on huobi?
30k btc trade but no movement....
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Post 11307781 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
122.
Post 11309757 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
so what happens if you have a keylogger on your computer?
123.
Post 11309845 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
so what happens if you have a keylogger on your computer?
Create encrypted private key on air-gapped machine, copy via USB (or type manually).
1) Usb keys are known to be capable of having viruses on them even if they are not connected to the internet.
As far as I understand the infamous Stuxnet virus operated like that.
2) seems like a massive hassle to type things manually from an air-gapped machine.
3) In my opinion having such concerns kind of ruins the point of purchasing a special BTC hardware wallet. If you need the wallet and additionally need an air gapped machine you may as well just purchase a different hardware wallet that is less of a hassle eg. a trezor or a Case hardware wallet etc
I guess it may have the same result but I would pay more to have less steps to perform. a simple solution but a lighter wallet XD
124.
Post 11309937 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
So post dump there are more bids on the order book for us to drop 6 dollars than to buy us all the way back to 258. Longs up a bit. Shorts over 30000.
Come on bulls!
inca do you trade or do you just HODL for the future?
No reason, I'm just being nosey.
I trade very sparingly. But i do have about forty coins on finex to gamble with. I buy once a week on circle and have done for months.
Having 40 coins to "gamble with" sure sound like you still have a pretty nest-egg in cold storage. I bet
most people in Bitcoin would be pretty thankful if they had that amount of coins, even at todays' prices!
Depressingly for all concerned 40 coins is a speck compared to what the big specs are playing with
Well if you trade with 40 coins on a 20x margin you actually have the buying power of 800 coins. So not that depressing after all :p
125.
Post 11309963 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
trezor or case have other attack vectors
Oh, what are their weaknesses? I was not aware that a trezor had any ?
126.
Post 11310267 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
trezor or case have other attack vectors
Oh, what are their weaknesses? I was not aware that a trezor had any ?
I believe people were able to extract private keys by measuring electric noise or something, that's being created by the processor while processing the keys. It really is quite a remarkable method, I don't know how easy it is to apply it, though!
Yeah I found the thread:
https://bitcointalk.org/index.php?topic=1022815.0Seems like it has been fixed by satoshilabs but the fact that it was possible means that there may be other vulnerabilities.
I guess over time hardware wallet companies will improve.
127.
Post 11311515 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
so as the price goes back up more shorts open up.
Does that mean that the BTC supply is artificial and if not for shorters the value of BTC would be much higher?
If that is so then bulls should be thanking bears for keeping BTC prices at such affordable levels.
128.
Post 11316119 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
3k shorts closed on bitfinex. still 28k left to cover.
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Post 11318218 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
people trying to close shorts slowly to avoid slippage and a possible bull run.
130.
Post 11328828 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
fake ask walls on bitfinex between 250-260...
131.
Post 11329345 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
Just waiting for a big buy to scare the sell walls higher. From the flashing they are fake.
why do they even bother? does it actually affect the market price? Would flashing a 6k buy wall counter this?
Also what would happen if someone actually bought the wall because the guys internet disconnected or something - and in the meantime price was to rise $10....
132.
Post 11337077 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
1k shorts closed on bitfinex
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Post 11354151 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
Some large dumps occurred on bitfinex but they were absorbed by the market. Very solid support - much of which may chase the price in the event of an increase.
Shorts keep going down every single day. (Lender BTC interest rates are dropping hard as well):
http://bfxdata.com/swaphistory/btc.phpSeems like traders feel that bitcoins are under-priced and are therefore accumulating every bitcoin thrown at them. Demand seems to be exceeding current supplies, therefore a price increase seems likely in order to entice some people to sell their bitcoins.
134.
Post 11354361 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
I'm observing a wall of 504 btc at 240, in bitstamp.
(It's wall observer thread, isn't it
)
EDIT: it's 500 sharp now.
Not sure why people are selling their coins on bitstamp when they can sell on bitfinex for a higher price. Not to mention that there is more liquidity on bitfinex and their coins would therefore sell much quicker.
Maybe they just dont want to help people close their shorts on bitfinex by supplying them with coins
135.
Post 11356494 (copy this link) (by lay785) (scraped on 2020-04-04_Sat_14.14h):
A little joke about TA-people:
A policeman sees a drunk man searching for something under a streetlight and asks what the drunk has lost.
He says he lost his keys and they both look under the streetlight together.
After a few minutes the policeman asks if he is sure he lost them here, and the drunk replies, no, and that he lost them in the park.
The policeman asks why he is searching here, and the drunk replies, "this is where the light is."
http://en.wikipedia.org/wiki/Streetlight_effect
