All posts made by Eddie Brock in Bitcointalk.org's Wall Observer thread
1.
Post 9070347 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.18h):
I don't understand why holders are selling their btc
People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")
This means that each btc will be worth thousands (or millions) of dollars, according to this thery.
In this view, btc are underpriced now... so why sell?
The only possible answer would be that they don't really believe in this technology, I guess
2.
Post 9070418 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.18h):
I don't understand why holders are selling their btc
People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")
This means that each btc will be worth thousands (or millions) of dollars, according to this thery.
In this view, btc are underpriced now... so why sell?
The only possible answer would be that they don't really believe in this technology, I guess
hodlers are not selling, only one entity/manipulator/mark karpeles is selling
how do we know that that's true
3.
Post 9071613 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.18h):
I would be much more nervous if I wouldn't know someone is doing this intentionaly.
I don't think bitcoins can be sold unintentionally
4.
Post 9072863 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.18h):
I'd tell you that you are all holding bitcoins precisely because of the price, because you hope it goes up
5.
Post 9073013 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.18h):
so what happens around here when there's real despair? like the $30 -> $2 drop back in the day - does it get quite? People no longer in pain since it's such a massive drop? Or people just think it's over?
The difference that I see between 2011 and now, is that in 2011 nobody knew about btc. Now the public has heard of it, and this big price decline will hurt btc's image quite a bit imo, in the minds of A LOT of people. Hearing that people are going broke all over the place thanks to btc doesn't make you want to invest in this technology
I mean reddit posting the suicide line, etc is not good publicity
6.
Post 9077803 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.19h):
Russia bans bitcoin and all you "end of bitcoin" bears can't even drop the price under $350?
I was promised <350, <300, <270 coins!
you can find <350 at btc-e already...
<300 and <270 not yet, maybe by sunday night
7.
Post 9089693 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.19h):
oh my...
sundays are pretty tough. Today's going to hurt
8.
Post 9091689 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.19h):
Let's all take a moment to thank our resident traders for dumping on the little uptrend we had and making sure we go down again.
Thank you guys. Awesome job. All the way to $10.
you're welcome. I just made 50$ profit
9.
Post 9375747 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.27h):
TA 101
1) spot trend, follow it until it shows signs of reversal
2) learn what reversal patterns are, how they relate to market psychology, where they occurred historically in these markets, and how to recognize them and their variations
3) have enough self-respect and confidence in your position that you don't have to troll threads talking your book
4) profit
TA 101
1) Realize that TA is basically bullshit and doesn't work
2) profit
10.
Post 9375928 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.27h):
HOLY SHIT SELL SELLSELL SELL!!!
11.
Post 9386444 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.28h):
this is it, folks. To the moon. I predict 1000$ before the end of the year, mark my words.
12.
Post 9407713 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.28h):
Ignoring people because they have different opinions than yours is the reason you holders are losing money every day, while people like me who are able to consider other peoples points of view cut their losses long ago.
I'll be listening for the butthurt to ratchet up a notch once we get sub 300. Shouldn't be long now. This train is off the rails.
It's impossible to lose money if you don't sell.
They already cut there losses, thats why they are so defencive. If you keep going at it, you can push every single one of them into a corner and they all squeal like a pig, admitting defeat and confessing that they lost money.
Now they are just hoping to buy back lower.That won't be difficult
Well for NotLambchop it needs to drop to 203$, better wish him good luck.
at this rate, we'll be there in a couple of weeks
13.
Post 9602170 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.33h):
Reminder: the best investor in the world thinks btc's price should be 0
https://www.youtube.com/watch?v=ewMYbX47-IE
14.
Post 9669718 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.35h):
Ripple is seriously mooning right now, gentlemen.
15.
Post 9859687 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.39h):
http://oi62.tinypic.com/2mnermr.jpgapology for poor english
when were you when our reptilian overlords take over?
I was sat at home watching antonopoulos interview when satoshi ring
'bitcoin is kill'
'no'
and you?
16.
Post 9863334 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.39h):
Remember how the Cyprus trouble helped the price of bitcoin?
All this trouble with the ruble now and btc isn't doing anything, the russians are not buying.
And russia is huge compared to cyprus, so they should have an enormous influence on the price of btc.
Any theory?
17.
Post 9863599 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.39h):
People are a lot less sensitive to inflation and exchange rate fluctuations than the government going into their bank account and taking a chunk of money directly.
That's a good point. I guess people perceive what happened in cyprus as much worse than what is going on in russia now, even though the effect it has on the average citizen is basically the same
In cyprus they take your money, and in russia they take the purchasing power away from your money
18.
Post 9863881 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.39h):
That halving is priced in already. It's a known event.
By fall of 2016, Bitcoin will be sub $10.
Too bullish.
19.
Post 9874384 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.40h):
Ripple will reach 1 billion marketcap tomorrow
Bitcoin will reach 1 billion marketcap tomorrow too.
Serves you right, humans.
20.
Post 9874782 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.40h):
21.
Post 9914436 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.40h):
(..) If you would like to pretend this is /pol/ and post some tired "teh gubermint iz extorting taxes and they took our jerbs," go ahead.
Why did jewt do what he did? You probably know.
22.
Post 9946614 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.41h):
There's lots of talk about cheap Bitcoins
So what USD Value do you think a Bitcoin would be cheap ?
I know this is going to piss a lot of people off but I will regard Bitcoin to be 'cheap' when it hits about $20 a coin, of course it will still be cheap at $10 but that's irrelevant.
It will continue to work regardless of what the price is.
I know the relentless greed around here will not agree with the above, the world still needs dreamers though.
That's the whole issue, imo.
You need to be able to value something in order to know whether it's cheap or expensive at any given price.
The best man in the world at figuring out the real value of things, Warren Buffett, says that the value of bitcoin is zero.
23.
Post 9946634 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.41h):
There's lots of talk about cheap Bitcoins
So what USD Value do you think a Bitcoin would be cheap ?
Below average mining price, whatever price that may be.
We soon may find out however.
The value of something is not how much it costs to produce.
24.
Post 9964463 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.41h):
Slow drift back upwards continues. What are the bets by monday we are at or higher than 333?
25.
Post 9983673 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.42h):
Cheap coins dude. Cheap coins!
ok the first bot makes sense, but the second?
26.
Post 10021789 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.42h):
Nice start, gentlemen. 2015 looks like a fun year
http://i.imgur.com/W7YDQUU.jpg
27.
Post 10022191 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.42h):
Schadenfreude seems to be in vogue again
What makes you think that I get pleasure out of the misery of btc permabulls? cheap coins are good for them, aren't they?
I'm just happy for them. lol
28.
Post 10022332 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.42h):
29.
Post 10023112 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.42h):
(...) Just face it, this is a bad day.
No, that's not true. It's a great day.
Bitcoin is going to be a huge global success. Therefore, temporary lower prices are a good thing, because they give you the opportunity to buy more.
30.
Post 10034380 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.43h):
31.
Post 10034531 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.43h):
32.
Post 10036519 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.43h):
Serious question:
What's the "fair price" of one bitcoin? and how do you arrive to that conclusion?
33.
Post 10043053 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.44h):
I know what you're saying. People need to really think outside of the box. Don't listen to the media. What does your gut tell you about Bitcoin?..I have become successful in many areas of my life through spiritual guidance and mediation. It's not a bloodbath. The price is being pushed down on purpose by a someone or a group of people. They are making It more affordable for everyday people to hop on board. With the Russian ruble collapse and the world on the brink of another war. There is no better time for Bitcoin. Bitcoin is here for a reason. There are much larger forces at work here. We are all apart of the forum because we were guided here by our destiny. For some reason we are more aware of things than everyday people. So in turn I believe we will be very wealthy in the coming years. There are only a handfull of people who will get rich off of Bitcoin. But that wealth will help re stimulate growth into a stale united states economy and help propell us into a new Era much like the Internet did. Most people won't buy into bitcoin until it's too late to get rich. Because they are still stuck in the Matrix to some extent. Stay calm my friends and meditate.
Holy shit.
34.
Post 10048939 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.44h):
From Reddit -
https://www.reddit.com/r/BitcoinMarkets/comments/2repff/bitstamp_exchange_issues_megathread/cnf6gdpuser baron1703 wrote:
Observations:
Known Bitstamp cold storage:
https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEaSuspicious address:
https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCfTransactions started to appear in the suspicious address after 1am european time on 04.01.15. The first transactions had fees of 0.55 and 1 btc, respectively. These continue thought the day with fees of around 0.1btc. First complaints of deposit issues started during the day. Stamp sent out an email the NEXT day, shortly thereafter suspending its site.
As can be seen here (
http://www.walletexplorer.com/wallet/6e20c5b8ebb819c7?from_address=1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf), the transactions coming into the 1L2JsX address are from bitstamp addresses (note that this page is not real time, so not all new transactions are displayed).
The cold storage address mentioned above was not touched since mid december. The first new transactions in this address appear at around 10pm european time on 04.01.15. This appears to be a sweep of hot wallet addresses and brings in about 10k btc. Notice the specific structure this sweep transaction has (example:
https://blockchain.info/tx/c84a1b8e7aaeae81cf3a1db7e37fdd6befbedafb4213338f412c6981b9469553) - a round amount is swept to the cold storage, an arbitrary amount is put in another address where it is combined with other inputs and swept again. This pattern is not observed in the 1L2JsX address. Furthermore, fees in the cold storage address vary from 0.0001 to 0.001, depending on size - again, unlike the 1L2JsX address.
IF the 1L2JsX address indeed belongs to a hacker, bitstamp COULD be missing 18,865btc, with the remaining 134,872btc in its cold storage wallet. It appears that only these two addresses have been used for sweeping. This would imply a loss of 12% of all held bitcoins.
One of the bitstamp founders (
https://twitter.com/nejc_kodric) tweeted: "To restate: the bulk of our bitcoin are in cold storage, and remain completely safe." Interpret that as you will.
35.
Post 10057074 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.44h):
(...)
all your short profits locked up in fake fiat in an insolvent fake exchange? boo-hoo ... naked shorted and crashed the asset underwriting the exchange holding your fake profits ... what idiots, you are better off at vegas.
(...)
This is rich. A bitcoin bulltard saying that shorting profits are "fake", and that shorters are gambling, but bulltards are not.
If anything, bulls are the ones gambling, even more than the shorters if that's possible. From a value-oriented investing perspective (best represented by Warren Buffett), the value of one bitcoin is zero. Who is being more rational here, the bull or the bear?
36.
Post 10117376 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.46h):
Who cares how many $ one bitcoin is worth?
Who cares about that? Seems like you're going by the dollar standard. It's filthy fiat, forget about that. In the near future, bitcoin will take over and $ will be a thing of the past.
The price in $ is completely irrelevant.
37.
Post 10117491 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.46h):
Can you seriously imagine bitcoin not succeeding?
That's impossible, considering how much it is needed. It's time to get back at the big banks.
Listen to Max Kaiser, he knows what's up
38.
Post 10125254 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.46h):
yes china want to confirm moon
china is pumping, bless them
dump confirmed
39.
Post 10126211 (copy this link) (by Eddie Brock) (scraped on 2020-04-04_Sat_13.46h):
But Max Keiser told me that my coins would be worth 1 million dollars by now
