All posts made by touhonoob in Bitcointalk.org's Wall Observer thread
1.
Post 9045184 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
I hardly see anyone cheering anymore every time we go down. What's the problem? Are all these cheap coins not so much fun anymore?
because there is no such thing called "cheap coins", coins will be cheaper and cheaper therefore less and less people want it
those who yelling for "cheap coins" are permabulls or scammers, that's why only few trolls are cheering about it
+1The permabulls you're talking about are just miners dumping their coins like no tomorrow & they're trying to get suckers to buy them for as expensive as possible!
Perma bull here. I don't mine.
Permabull here. I mine and don't sell.
too bad your 10 TH "farm" does not make any difference.
big farms in china can dump till 140 $ and still make a nice profit.
dumper is happy because there are a lot of stubborn bulls.
correct, you see the point and
The Winkelvoss EFT is a dump. They bought a lot of Bitcoins and can't unload them without crashing the market. The EFT is a way for them to exit Bitcoin.
2.
Post 9054732 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
Anybody here know where is the price going?
377.5
then 375
then 378.5
then 390
then BOOM
DUH!
3.
Post 9057080 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
4.
Post 9064438 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
Seems that hashrate has stopped growing
http://i.imgur.com/9phNd8v.png
5.
Post 9066111 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
I guess I am a fool, but I am buying more coins with my fiat. I think we will end up where we all want it to be. Just not as fast as some of you want.
buying 10 coins
6.
Post 9067768 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
buy buy buy
I just bought coins worth half of my savings
7.
Post 9068189 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
8.
Post 9068740 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
huge dumps are coming soonish.
Huge, huge I tell ya mofos.
100 $347 on btc-e
9.
Post 9071344 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.18h):
100
200
300
dumps and dumps
Where are all these coins come from?
10.
Post 9080203 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.19h):
11.
Post 9080669 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.19h):
Xiaomi CEO said that he will buy 100000 coins if the price hit 1000 CNY.
12.
Post 9084771 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.19h):
13.
Post 9090698 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.19h):
I am all in
14.
Post 9090739 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.19h):
A BEAR TRAP
We are going to the moon
http://i.imgur.com/ccO6NSM.png
15.
Post 9092292 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
16.
Post 9092551 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
you are a fool if you think this is the end.
we are reaching the bottom this week.
have a nice day!
I hope that I have more money for cheap coins
It's time to 25x your savings
17.
Post 9092984 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
18.
Post 9093645 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
19.
Post 9094126 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
People act is if it's going to kill them if they have to hold an investment for two years. I let Vanguard convince me to hold on to GNMA securities for five years and only made 2.54%.
You are going to profit 1000x for hodling bitcoin 5 years
20.
Post 9094639 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
No more cheap coins in a week
Buy as much as you can
21.
Post 9094893 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
22.
Post 9094981 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
23.
Post 9095759 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
Why bulls tell themselves there is one ManBearPigWhale who is manipulating all the strings? Does that make it feel more comforting and easy to understand?
I think human psychology, we need a "villain" ... kind of funny to read this thread.
well
there is one
who is selling 27K coins on bitstamp
http://www.reddit.com/r/Bitcoin/comments/2idr55/i_am_the_bitcoin_bear_whale_throwaway_for_obvious/
24.
Post 9096804 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
25.
Post 9096926 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
the 5th of November
26.
Post 9097568 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
WE HAVE 24K CHEAP COINS
THAT'S BULLISH
http://i.imgur.com/0F7Ovbe.png
27.
Post 9098737 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.20h):
28.
Post 9107999 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.21h):
I wish that I have more fiat to buy now
29.
Post 9108136 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.21h):
What if the whale sells again?
Will the price become lower than 300?
30.
Post 9129410 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.21h):
No more dumps
I need more cheap coins
31.
Post 9129508 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.21h):
No more dumps
I need more cheap coins
You were supposed to buy at 275.
I ran out of my money at the time.
Somebody make a dump please
32.
Post 9134322 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.21h):
Bitcoin looking mighty bullish. What gives?
bill gates said it was cheap.
Bill was right
I should have listened to him
33.
Post 9135102 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.21h):
I walked away for about 5 minutes and it's now 357
wtf
34.
Post 9140616 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.22h):
I guess correction time is coming soon again. But looking great so far.
Correction
Isn't it going to 400
35.
Post 9141726 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.22h):
<400
still cheap coinz
36.
Post 9158718 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.22h):
37.
Post 9168565 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.22h):
I understand that it's possible they get a bunch of banks aboard, but that's more like a slim chance, a gamble. How many they got now two, three tiny ones?
yep, 3 tiny one are officialy onboard but this means a lot. Rabbobank is also testing and national city bank too and they are not tiny.
But this is true Ripple will attract first small banks. But I'm telling you 100banks the next 12months is really possible.
XRP is profitable for Ripple Lab, banks and gateways but new adopters.
Why should I buy it if it's unprofitable
38.
Post 9169207 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
39.
Post 9170868 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
40.
Post 9178488 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
The wall of 370 is gone
Where is the man bull whale
41.
Post 9179172 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
42.
Post 9179295 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
huge dump on bitstamp
43.
Post 9180961 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
60 BTC to 380$
44.
Post 9185458 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
275 => 385 in one week
45.
Post 9186233 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
BTC China Under Maintenance
https://btcchina.com/
46.
Post 9186580 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
the wall is gone
47.
Post 9186674 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
Someone is trying real hard for us not to pass $400
Why
48.
Post 9189540 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
How many dumpers are there
49.
Post 9189984 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
wall @ 390 is down
50.
Post 9190704 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
600 BTC to 400$
51.
Post 9191795 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
+$40 in about 40 hours.
Most impressive! But, time for a cooldown most likely.
exponential growth incoming
52.
Post 9191840 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
53.
Post 9192702 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
BTC is NOT going to $1,000 for the remainder of this calendar year -
Either 1) it goes up to $700 to 850-ish or 2) it goes up to between $2,500 and $13k.
There is no $1,000 in BTC's future for the remainder of 2014 - except, possibly for passing through such a price point, fairly quickly... 24 hours at most...
Sorry to break such news!!!
$1000 cheap coinz 12 months later
54.
Post 9193556 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
55.
Post 9193791 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
So 400 breached again and oddly quiet in here.
$400? That's just so 7 hours ago. Ho hum.
That was just a short spike
Now it is for real
Exponential growth incoming
56.
Post 9193844 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
DAMN bitfinex!!
407
57.
Post 9193885 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
58.
Post 9193995 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
Well I wasn't expecting this with no volume in the middle of the night...
It isn't the "middle of the night" everywhere.
It's morning in Asia
59.
Post 9194161 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
60.
Post 9194585 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.23h):
3K wall is gone
61.
Post 9196053 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
double bottomed at 400
62.
Post 9196224 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
Bitcoin price now > 400$
63.
Post 9201020 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
64.
Post 9201319 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
Bitcoin is controlled by math and algorithms while Fiat is controlled by governments and banks.
That's why people should trust Bitcoin more than Fiat.
Math doesn't lie.
65.
Post 9202463 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
66.
Post 9203287 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
67.
Post 9205411 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
OMG
It's 395 on Bitstamp
68.
Post 9208273 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
BTC price is now < $390
69.
Post 9208549 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
70.
Post 9209233 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
3K wall replaced by 1K wall
edit: the wall is gone
price is going back to 400s
71.
Post 9209299 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
We're gonna break 420 today, I feel it!
BLAIZ IT FGT
1500BTC to 420$
72.
Post 9210505 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
73.
Post 9210641 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
74.
Post 9212168 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
<400$ cheap coins
Why do traders keep selling
75.
Post 9212355 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
76.
Post 9212402 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
77.
Post 9212515 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
wall pulled
WTF
78.
Post 9216716 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
150BTC to 400$
79.
Post 9217093 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
80.
Post 9218481 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
Introducing the Winklevoss Index (WinkDex) App for iPhone and iPod touch
https://itunes.apple.com/us/app/winkdex/id921018534
81.
Post 9227674 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
Pump & Dump scheme is back
It looks like one month ago that the price rise 10 dollars than drop 20 dollars every hour.
Traders who follow the scheme are making it even worse.
82.
Post 9229998 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
83.
Post 9231061 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
another pump&dump
84.
Post 9234266 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
85.
Post 9241651 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
86.
Post 9242221 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
Reid Hoffman, Co-Founder of LinkedIn discusses Bitcoin at the 2014 Evernote Conference
https://www.youtube.com/watch?v=__wSaqmti9E#t=1654
87.
Post 9243276 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
88.
Post 9243974 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.24h):
89.
Post 9259973 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
90.
Post 9260169 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
91.
Post 9260827 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
2K dump on bitstamp
92.
Post 9261790 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
Kraken to Launch Bitcoin Ops in Japan This Month
[Suspicious link removed]j.com/japanrealtime/2014/10/20/kraken-to-launch-bitcoin-ops-in-japan-this-month/
93.
Post 9261842 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
It's the YEAR 2024...Shopping channels have changed a bit since you were a kid
https://i.imgur.com/U7ZOJ9z.jpg
94.
Post 9265654 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
95.
Post 9272036 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
96.
Post 9272061 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
Gavin Andresen, Chief Scientist at the Bitcoin Foundation, will be doing an AMA tomorrow at 11:00 EDT (15:00 UTC)
http://www.reddit.com/r/Bitcoin/comments/2ju4o7/gavin_andresen_chief_scientist_at_the_bitcoin/
97.
Post 9272895 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
98.
Post 9276669 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
WTF is going on with Anoncoin?
Up 855906.00 % ?!!?!
$3,502/ coin
http://i.imgur.com/zhEkAs5.png
99.
Post 9277868 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
100.
Post 9278126 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
apple pay is only available on apple products right?
the products that even most rich westerners finance because they can't blow $600 on a phone
yeah thats gonna take over the world where global average income is like $200 a month lol
There is nothing new with Apple Pay.
Google wallet was created two years ago with the same concept.
http://i.imgur.com/pUKUkWL.jpg
101.
Post 9278865 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
102.
Post 9279066 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
Prediction: W3C web payments group meeting in Santa Clara 27-31 October will take up integration of bitcoin payments into W3C global standards.
November is going to be a very good month for crypto.
Any source
?
103.
Post 9279502 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
Prediction: W3C web payments group meeting in Santa Clara 27-31 October will take up integration of bitcoin payments into W3C global standards.
November is going to be a very good month for crypto.
Any source
?
A member of the committee
The purpose of the Web Payments Community Group is to discuss, research, prototype, and create working systems that enable Universal Payment for the Web. The goal is to create a safe, decentralized system and a set of open, patent and royalty-free specifications that allow people on the Web to send each other money as easily as they exchange instant messages and e-mail today.
The goal of Web Payments is amazingly similar to Bitcoin
104.
Post 9287057 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
The bid side becomes higher and higher
105.
Post 9288260 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
This doesn't feel natural to me. Bids are building up and up across all exchanges but no market orders and VERY low volume and stable price what gives
conspiracy theorists ...
There was a DDOS attack on Bitstamp when the price was about to rise over 393
106.
Post 9289420 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
107.
Post 9289647 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
Someone doesn't want the price to rise over 400
Why
108.
Post 9294245 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
Thanks for the img , but I hope the bitcoin price will raise by the end of this week ... ( I hope
).
Weekend dumps
109.
Post 9299031 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
110.
Post 9301874 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
Bfx, u crazy?
Price on Bitfinex is lower than BTC-e
111.
Post 9302184 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
the bid side is broken
112.
Post 9303822 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.25h):
113.
Post 9309105 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
The news looks like an advertisement of Silver Law Group
114.
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118.
Post 9315009 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
What is Payza? And what demographic uses it?
It supports 100+ countries
https://www.payza.com/local-payment-options
119.
Post 9315172 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
120.
Post 9325664 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
Crypto is done
121.
Post 9326814 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
122.
Post 9329084 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
it will never test xxx again
123.
Post 9329550 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
Bear trolls will be hibernating again shortly. And the cycle continues.
What kind of cycle?
http://i.imgur.com/8dfywuY.jpg
124.
Post 9329940 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
break out again
125.
Post 9334954 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
126.
Post 9335110 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.26h):
just another bull trap
127.
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Post 9385205 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9385702 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
+$20 within an hour
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Post 9386881 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9387464 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9387706 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9388930 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
BitFlyer Deal Brings Bitcoin Option to 48,000 Online Stores in Japan November
https://bitflyer.blob.core.windows.net/pub/bitFlyer_GMOP-G_en.pdf
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Post 9390666 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
The Bank of Japan just announced QE. Yet another reason for the existence of Bitcoin.
Huge adoption on November in Japan:
1. Kraken Launches in Japan
2. GMO-PG Enables 48000 Merchants Using Bitcoin as Payment Option
3. BitFlyer Rises $236000
4. Rakuten Accepts Bitcoin
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Post 9390948 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
The Bank of Japan just announced QE. Yet another reason for the existence of Bitcoin.
Huge adoption on November in Japan:
1. Kraken Launches in Japan
2. GMO-PG Enables 48000 Merchants Using Bitcoin as Payment Option
3. BitFlyer Rises $236000
4. Rakuten Accepts Bitcoin
Silly numbers != huge adoption
There is a virtual currency in Japan already called BitCash since 2002.
It's not difficult for Japanese to adopt another one especially in online markets.
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Post 9394796 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9395538 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9396090 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9397184 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
Well, the good news is that even if we sell at $275, that is above our entry point. So the plan is sell only when totally necessary!
The question is more about what is deemed "necessary." If we have to sell a substantial amount we could and will but we won't need to for several more months (could delay it even longer if we take advantage of more zero percent interest credit but that is a game that I really don't like playing too much.) I think part of me feels like it is a game of who can wait the longest. There are people trying to shake out the weak hands and I don't want to be the "weak hands" being shaken out! Hodl on!
Sometimes I wonder if some of you even account for the possibility that the huge runups might be over.
It is about risk vs. reward. Sure, the "runups" might be over. In fact, Bitcoin could go to zero.
However, it could still be very early in it's growth and we could see $100,000 per coin or more.
The question then becomes is the risk worth the reward? I believe it is a resounding YES!
In a way, we all have the chance to become venture capitalists in Bitcoin with any small amount we are willing and able to throw in. Usually these kinds of investment opportunities are not available to the "little people" or people like me with very little money to throw in. By the time we get the chance to invest in the best companies, the VC's have already made millions and moved on to the next investment. These VC's are the risk takers. They throw money into companies that lose everything. However, for the few that make it their reward is beyond what we can imagine because most of us do not get those kinds of opportunities.
So that is why we are willing to be "all in" with what we have. For some of us, we had very little to begin with and if we end up back to where we started we can at least say we gave it a shot. That is a much better feeling than seeing the price rise to $1000, $5000, $10,000, or even $100,000 someday and then crying, "Why didn't I invest when it was $350!
I think we are still in an early stage of Bitcoin development.
Most of people are skeptical about Bitcoin and don't want to waste their time to understand the technology behind Bitcoin.
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Post 9397485 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9397539 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
Nonsense. Neo Bee was the first Crypto bank.
Precisely, first traditional bank adopting Crypto?
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Post 9397728 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
@PanteraCapital
"There has never been a #bitcoin bull cycle with less than a 3.3x return."
http://bit.ly/btcsept http://i.imgur.com/azn3Qkf.png
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Post 9407047 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
IG Launched Flexible Bitcoin Trading
http://www.ig.com/au/bitcoin-btc
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Post 9407181 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
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Post 9409797 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
Downtosimple:
Dont understand your logic.
But miners already run at a loss.
The price is currently low because there is more selling than buying.
Sellers sell because they think price will go down in future, thats why they dont want to hold.
Gamblers who buy are thinking the price will go up in the future, as of now more people think price will go down rather than trend up.
How do we know miners are running at a loss while difficulty is up up and up? In my mind, the pure cost is only electricity, the others could be regarded as sunk cost. How much is the electricity, anybody knows here?
Also in my mind, leverage shorting is the main power driving prices down. Others could be negligible. Importantly, where does the shorting cover to close their shorts?
Some mining factories in China claim that their cost of electricity is nearly 0.
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Post 9409854 (copy this link) (by touhonoob) (scraped on 2020-04-04_Sat_13.28h):
Downtosimple:
Dont understand your logic.
But miners already run at a loss.
The price is currently low because there is more selling than buying.
Sellers sell because they think price will go down in future, thats why they dont want to hold.
Gamblers who buy are thinking the price will go up in the future, as of now more people think price will go down rather than trend up.
How do we know miners are running at a loss while difficulty is up up and up? In my mind, the pure cost is only electricity, the others could be regarded as sunk cost. How much is the electricity, anybody knows here?
Also in my mind, leverage shorting is the main power driving prices down. Others could be negligible. Importantly, where does the shorting cover to close their shorts?
Some mining factories in China claim that their cost of electricity is nearly 0.
This is possible some miners have this advantage of almost zero cost for electricity, but for the masses no.They must be stealing it from the governenment, either way someone pays the cost.
There is also land rent and maintenance expenses.
You should take a look at this documentary from NHK about Bitcoin in China:
https://www.youtube.com/watch?v=IwLXSoQZIMMChinese people who invest in mining factories are super bullish on the future value of Bitcoin.
Since the investors have a lot of spare money, they are not hurry to cash out.
The investment of mining factories is long-term for Chinese investors.
Edit:
English Sub here
https://www.youtube.com/watch?v=B58tVkY6NVg
