All posts made by illinest in Bitcointalk.org's Wall Observer thread



1. Post 22546063 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_15.22h):

Quote from: Odalv on October 04, 2017, 01:23:35 AM
I really do not understand why the "core team" has a 2X problem.
Without 2X is not Segwit. Bitcoin has exponential support, so 2X is a good compromise.

Well, they never really agreed to Segwit2x. They implemented Segwit, which had widespread support. The miners and services decided amongst themselves to hard fork 3 months later. Discussions of the 2x hard fork itself aside, I think it's reasonable that both Core and users generally oppose such a timeline.

Quote from: Odalv on October 04, 2017, 01:23:35 AM
... ok I understand that they want to create a "market fee" and "birth of side chains" as soon as possible.

The war between Bitcoin and Segwit2x will damage both sides and finally 2X is necessary (only the of time question)

The way I see it, the damage was already done. Maybe not for the same reasons as others think so, though. To me, the fact that BIP148 folks (now NO2X folks) wanted to permanently split Bitcoin so they could activate Segwit a bit earlier tells me they don't share my long term interests. If anything, it was an attack on my interests as a holder. Likewise, hard forks -- particularly contentious and hasty ones -- similarly threaten my long term interests.

There's a lot more to gain in terms of consumer (cheap) payments, anonymous payments, smart contracts and more if we are just patient and allow developers to build on top of Segwit.



2. Post 32027591 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_15.47h):

The market's looking pretty dismal. I guess I got pretty used to every long working out over the past 2-3 years. Now I'm getting chopped to pieces. I guess there's nothing to do but wait for some clear buy signals at this point. No knife catching, risk off....



3. Post 32028288 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_15.47h):

Quote from: yonton on March 11, 2018, 02:09:33 AM
Big trouble lil china

One of the best 80s movies of all time. Anyone who hasn't seen that shit should torrent it right now.

Quote from: JayJuanGee on March 11, 2018, 02:19:32 AM
The market's looking pretty dismal. I guess I got pretty used to every long working out over the past 2-3 years. Now I'm getting chopped to pieces. I guess there's nothing to do but wait for some clear buy signals at this point. No knife catching, risk off....
Means that currently you are in decent profits, correct?

For the past few years. Definitely.

In 2018? Hehe, not so much. Eating drawdowns I haven't seen in a long time and just getting stopped out too much. That failed inverse head-and-shoulders last week didn't help. Tongue



4. Post 34489518 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_15.52h):

What's the read on sentiment in here? We bullish or bearish?



5. Post 34490761 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_15.52h):

Quote from: HairyMaclairy on April 11, 2018, 09:33:32 PM
Long/shorts ratio remains extremely bearish and continuing to decline. 

I assume that means longs divided by shorts?

Why would declining longs or increasing shorts be bearish? It means there are shorts to squeeze, and that bulls are covering.



6. Post 35826391 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_15.53h):

Quote from: HairyMaclairy on April 28, 2018, 08:43:27 PM
We are back to $9400.  Won’t somebody think of the charts?

On the daily, it’s starting to look like building towards another upwards snap.  All we need now is a narrowing wedge and for volume to drop to nothing for a day.

The daily looks pretty at the moment, but we're still 3 hours away from the close. Meanwhile bears are making a stand on the hourly.

Quote from: HairyMaclairy on April 28, 2018, 08:52:13 PM
On the weekly this is the longest sustained run of green candles since the December bull

I'd love to see that wick closed up on the weekly. Only a day left to do that. This rise is slow and sustained... that's a good thing, right?



7. Post 48652742 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_16.20h):

Big bounce off $3K? Maybe too obvious....



8. Post 52646307 (copy this link) (by illinest) (scraped on 2020-04-04_Sat_17.03h):

Price is slow bleeding,
Panic selling will follow.
Fill my bids. Lower.

Bulls looking weak. Shake the trees.