All posts made by bonipper in Bitcointalk.org's Wall Observer thread
1.
Post 13052245 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_14.34h):
My take on what happened:
A couple of days ago, hackers from Anonymous claimed to have
located an address belonging to IS with 3 M USD worth of bitcoins in it.
The German Kopp reporter read that announcement, and either misread that word as
locked (
sperrte?), or just assumed that the authorities had promptly called the CEO of Bitcoin and told him to freeze that account.
The NewsBTC owner/writer saw that German report and changed the
locked to
seized (which is the usual term for that thing in bank contexts).
Bitcoin ceo huh?
Locking an address huh?
I thought all newsbtc authors would understand how bitcoin works, but that story makes me question the author's credibility. The comments below it are mostly hate posts which the author eventually responds to by threatening to ban a posters IP after losing the argument that his story is full of fallacies. Newsbtc should be more selective when choosing authors, and decide to drop that one.
2.
Post 13179465 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_14.36h):
Why do we have such high levels of A.D.D. in this thread - without intensive BTC price for 24 hours or so, peeps lose their interest?
Maybe lambie did serve some kind of productive purpose in distracting/entertaining us with various bullshit non-bitcoin distractions, while we wait for the next price spike?
There were sideways times when this thread only had a mixture of chartbuddy posts and lambie posts. Lambie was the only person who could be bothered posting even when there was nobody here to read anything. I don't know why he made the effort to post then because there was nobody here to be distracted/entertained.
3.
Post 15494411 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_14.54h):
LOL I'm gonna laugh so hard when the price gradually goes down after halving.
People think it's just gonna shoot up on halving day lmao
Why would it gradually go down when the reduced supply of coins restricts the miners to only dumping half the coins they could beforehand? Most posts here expect a gradual increase in the price, not a huge price spike on halving day.
4.
Post 28057046 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
...
Also kraken is up and running again. No obvious upgrades, and a deposit that arrived yesterday is not being reflected in my available balance. Wonder what they even spent all that time on.
You will have to wait for up to two days for your deposit to show in your balance.
https://blog.kraken.com/post/1449/Funding
Withdrawals are now disabled and will remain disabled for a minimum of 12 hours (during this time we will be monitoring the new system for anomalies)
For fiat or crypto deposits (initiated before, during or following the downtime) please allow up to 2 additional business days for funds to be credited
That's provided they don't go offline again.
The site will come down if needed, which may occur with little to no notice. Please continue to refer to status.kraken.com for real-time updates and important announcements over the next few days.
5.
Post 28067737 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Just FYI if anyone hasn't cashed out their airdrop coins- BCD is going for $33 each on Gate.io right now. You get 10 for every BTC you held. Not bad for free monies.
Oh, you can claim those now? I did Bitcoin Gold by sweeping my old addresses with Coinomi, what's the process for BCD, do you have to actually install and sync their wallet?
Pretty much just like you did with coinomi but use the wallets in this article...
https://steemit.com/bitcoin/@tiberiu/how-i-claimed-sbtc-super-bitcoin-from-my-paper-walletI just imported my private keys from electrum (after moving to a new offline wallet of course)
Easy peasy and you get access to superbitcoin (didn't even know that was a thing lol) too. I used gate.io to sell as they're one of the only ones you can actually deposit to.
Did you have any problems registering for, or withdrawing from gate.io? Do they want ID to register?
6.
Post 28070058 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Did you have any problems registering for, or withdrawing from gate.io? Do they want ID to register?
Y'all know gate.io is a rebrand of bter.com don't you? They were 'hacked' for 7000 BTC and then gradually lost interest in attempting to repay their customers/victims.
I know gate.io = bter.com, but bter.com started demanding IDs to trade there in its closing days. They said it was because of new China gov rules. If gate.io doesn't want IDs it (or its owners) must be based in a different country.
7.
Post 28084330 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
.. December's BTC gains from 10-20K freaked me out a bit.
I thought $10k was the top and expected a crash back down to $7k. It really freaked me out when it relentlessly kept pumping up to $20k.
Since then the exchanges freezing new registrations have made it glaringly obvious how many newbies are buying in. With that much new money coming in I doubt bitcoin will have a big crash.
I'm inclined to agree with your view that it will go sideways while the newbies use it to buy alts. Maybe in a few months we will see another pump.
8.
Post 28089013 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Let’s start a campaign for bigger Bcash blocks.
why even have a limit? let's put pornhub on the blockchain
Spank coin's already doing it.
9.
Post 28089796 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
I thought $10k was the top and expected a crash back down to $7k. It really freaked me out when it relentlessly kept pumping up to $20k.
Since then the exchanges freezing new registrations have made it glaringly obvious how many newbies are buying in. With that much new money coming in I doubt bitcoin will have a big crash.
I'm inclined to agree with your view that it will go sideways while the newbies use it to buy alts. Maybe in a few months we will see another pump.
I'd call that a false sense of security. It is not when alone that you should be fearful, but when your numbers throng.
I didn't expect $20k, so maybe it will crash as I don't expect a crash. On the other hand there are an awful lot of new people throwing money around, so maybe it won't.
Also there are thronging numbers of the bearish anticipating a crash.
Finally the attempt at the weekend dump. Well behind schedule.
Let’s see if it can get anywhere.
yeah, I would be fairly confident about getting filled around 13300, but I am feeling greedy and am set up around 11000
10.
Post 28090835 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Aren't bears supposed to be hibernating this time of year ?
Now we gotta deal with this massive dump they just took all over the markets.
Sheeit.
I hadn't noticed because I was looking at the 30 day charts. It does look dramatic now I zoomed into the 24 hour charts, but it doesn't look that bad zooming back out to even the weekly charts.
11.
Post 28092033 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
They are buying, they pumped the price up by $300 on stamp during the last hour. Extrapolating that price increase rate by 24 hours results in $20000 coins tomorrow.
12.
Post 28136406 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
What's a grant token, and how is it going to pump bitcoin's price?
13.
Post 28137141 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
What's a grant token, and how is it going to pump bitcoin's price?
'granting a token' is a disingenuous way of saying print money out of thin air for traders to play with
Who's printing enough money out of thin air to affect bitcoin's price?
14.
Post 28142823 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Considering the number of newbies trying to get into crypto capital one will lose a lot of customers. They will all vote with their feet and take their business elsewhere.
15.
Post 28150928 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Getting back to bitcoin.
The Koreans aren't happy about an official suggesting they close all exchanges.
They have filed more than 4,000 petitions against the move during January. One with over 30,000 signature asks for the Minister of Justice to quit.
Bullish.
https://www.coindesk.com/crypto-crackdown-talk-draws-ire-supporters-politicians-south-korea/The public backlash against the proposed move appears to be accelerating. On the Korean president's Blue House website, more than 4,000 petitions have been filed related to "virtual currencies" since Jan. 10.
One petition asking the Minister of Justice to step down in light of the move received more than 30,000 signatures on its own. According to Reuters, one petition alone has attracted more than 100,000 signatures and the website itself became inaccessible at one point due to excessive traffic.
16.
Post 28153133 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Getting back to bitcoin.
The Koreans aren't happy about an official suggesting they close all exchanges.
They have filed more than 4,000 petitions against the move during January. One with over 30,000 signature asks for the Minister of Justice to quit.
Bullish.
https://www.coindesk.com/crypto-crackdown-talk-draws-ire-supporters-politicians-south-korea/The public backlash against the proposed move appears to be accelerating. On the Korean president's Blue House website, more than 4,000 petitions have been filed related to "virtual currencies" since Jan. 10.
One petition asking the Minister of Justice to step down in light of the move received more than 30,000 signatures on its own. According to Reuters, one petition alone has attracted more than 100,000 signatures and the website itself became inaccessible at one point due to excessive traffic.
that just means (((they))) will let NK nuke Seoul if the pleebs demand their financial freedoms
No, I beg to differ, it's definitely bullish for bitcoin.
17.
Post 28209100 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
I was just reminded that today is a banking holiday in the US. That's likely contributing to the underwhelming action.
This is also apparently when Wall Street hands out bonuses. Expect to see some fresh money entering the game later this week.
Confirmed by BobLawblaw.
Did i miss something?
whats special about the 18th?
Approximately the time fiat wires from January bonuses should begin hitting exchanges for trading.
In theory.
18.
Post 28214603 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
The daily is still showing consistently higher lows.
It's also showing lower highs. We're not out of the woods yet but I don't think we are entering a long term bear market. - probably back to new ATH in a month or 2.
On the other hand, I'm tipping we will see total carnage in the alts.
Sometimes the alts start pumping when bitcoin goes sideways for months. Admittedly there is often total carnage in the alts when bitcoin starts pumping.
19.
Post 28221315 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Damn, its gone down a bit to slightly above the weekly low.
20.
Post 28271708 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Yes, bitcoin is death indeed
Was the death of my 'wage slave' job, I retired yesterday Jan 14th...all due to BTC....living on mining revenue and in HODL mode on BTC and other cryptos...
Spent today, puttering around the house doing chores....been a wage slave so long..kinda clueless on how to approach this...retiring early stuff...
kinda surreal in fact...., on what to do...I've no clue, yet, in that, once you wake up retired...everything suddenly is OPTIONAL..you need to do that day!
....clueless presently...but I'll figure it out!
Congrats!
of course by doing so have broke all crypto (sorry about that)
now panic selling some LTC in case (tax man needs his $$ eventually for 2017)
so yeah...I'm off to a fun start!
Did you sell everything, all your 100 bitcoins?
21.
Post 28276387 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
What would also be intersting.
Did in the crashes/dips in 2015/2016/2017 also happen after a huge Altcoin pump ?
The crash in January 2014 happened after a huge bitcoin AND altcoin pump, but there was another bitcoin AND altcoin pump in late January/early February.
22.
Post 28282769 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
Ok, who dropped it? Come on, fess up.
Yeesh, that action...
China banned bitcoin again.
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/The PBOC dropped it.
23.
Post 28292529 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
11500 on GDAX not too bad, hope the bottom is in.
Its not. We have at least one more large dump. Might be as much as a few days from now though.
How do you know that?
Based on a bunch of technical indicators and 5 years of experience tracking bitcoin bull trends and corrections.
But you've only been registered here for four and a half years.
24.
Post 28296970 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
I predict max low is 8300-8400 - bitfinex - last hope support. None good supports below really - if it goes to 8000 its game over man
Bitconnect dropped like a stone. At someone point Bitcoin could definitely collapse. But until then it's all just speculation.
Maybe someone is dumping all the bitcoin profits they made from bitconnect. Maybe bitcoin will recover after they stop dumping.
25.
Post 28298075 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
I predict max low is 8300-8400 - bitfinex - last hope support. None good supports below really - if it goes to 8000 its game over man
Bitconnect dropped like a stone. At someone point Bitcoin could definitely collapse. But until then it's all just speculation.
Maybe someone is dumping all the bitcoin profits they made from bitconnect. Maybe bitcoin will recover after they stop dumping.
Oh is that what blew up the price? A Ponzi scheme collapsing?
Man no one makes money on those things.
the insiders did i bet :\ meh
Yep. Bitconnect is dead I guess. Everyone who saw videos on Youtube of their conference knew it was a scam. This guy has become a meme now.
The early people certainly made a lot of money there and the general populace got burned. That's why we should sometimes listen to our fellow crypto lovers when they have our best interest at heart.
Bitcoin is the one and only original. If its price goes somewhere sub 3k it's probably game over. But it won't happen until all the knockoffs die first.
How many bitcoins were tied up in it?
26.
Post 28299990 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
$18k -> $3k (6x) wouldn't be unprecedented. In 2011, we fell from $30 -> $2 (15x), in early 2013 from $250 -> $50 (5x), and in late 2013 from $1200 -> $200 (6x).
If we get away with a low of $9k (2x) I'd hardly even call that a crash!
Here are projected lows compared to historical crashes:
2x: $9,000
3x: $6,000
4x: $4,500
5x (early 2013): $3,600
6x (late 2013): $3,000
10x: $1,800
15x (2011): $1,200
Bitcoin is less volatile now. Unless the bull market has ended - which I do not think it has - most of these other crash comparisons are not really valid.
Right now this is a healthy correction - one many people called - that will lead to another bullish year in 2018 with BTC prices well above $50k. BCH might die however
MtGox had a massive effect on bitcoin's price years ago as it had most of the trading volume. Today the volume is spread among lots of exchanges. If one goes down the traders just move to another.
MtGox crashed the price in mid 2103 by stopping trading for two weeks. It crashed it again in 2014 by going bankrupt.
27.
Post 28304626 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
$18k -> $3k (6x) wouldn't be unprecedented. In 2011, we fell from $30 -> $2 (15x), in early 2013 from $250 -> $50 (5x), and in late 2013 from $1200 -> $200 (6x).
If we get away with a low of $9k (2x) I'd hardly even call that a crash!
Here are projected lows compared to historical crashes:
2x: $9,000
3x: $6,000
4x: $4,500
5x (early 2013): $3,600
6x (late 2013): $3,000
10x: $1,800
15x (2011): $1,200
Bitcoin is less volatile now. Unless the bull market has ended - which I do not think it has - most of these other crash comparisons are not really valid.
Right now this is a healthy correction - one many people called - that will lead to another bullish year in 2018 with BTC prices well above $50k. BCH might die however
Previous corrections would go into alts but it’s all dropping now. It won’t get to low Ks overnight but 20k could be a top. It’s x10 what it costs in electricity per BTC and most past tops were never 20x of previous ATHs.
Well either we are starting a recovery or getting a dead cat bounce. It's gone back above $11000.
28.
Post 28316922 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.38h):
... Also someone on this thread kept warning about Jan. 18, remember? What was that about?
BobLawblaw said all the top Wall street executives get huge bonuses about Jan. 18, and they will throw them all at bitcoin. To the moooon tomorrow.
29.
Post 28344200 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.39h):
About 40 percent of bitcoin is held by perhaps 1,000 users
This is what is wrong with the bitcoin world.
Never understood why that was an argument against bitcoin.
1% of people own 99% of global resources and it never seemed to bother anyone.
There's huge numbers of bitcoins in addresses that haven't moved since the early days. Nobody's sure if they are owned by anyone or the result of lost private keys. There wasn't much incentive to do backups when bitcoin was practically worthless, and broken hard drives or pen drives could have cost whales their fortunes.
I read about one whale whose 10000 bitcoins are on a broken laptop at the bottom of a landfill. How many more like him are too embarrassed to admit their mistakes?
30.
Post 36069274 (copy this link) (by bonipper) (scraped on 2020-04-04_Sat_15.54h):
When's our next hard fork, lads? OOPS ... Wrong thread
It's the bitcoin imaginary fork coming soon.
