All posts made by glendall in Bitcointalk.org's Wall Observer thread
1.
Post 1944537 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.54h):
Surprise . Glendall surprised !
120$ what?
2.
Post 1955956 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.54h):
Really surprised we are still at high $130's. Was feeling pretty sure we were going to see a downward slide recently, to $120 odd.
This whole speculation stuff just ain't easy at all.
3.
Post 1961806 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.54h):
.....which is the day after International Dance Day (April 29th). So like, people will be too tired to trade causing the price to raise.
4.
Post 1961843 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.54h):
*cough* Game of THrones *cough *
5.
Post 1996868 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.55h):
Had all my trading currency locked up past few days at GOX with a 'error' showing for processing and no way to cancel the transfer or contact gox support (email and chat support currently not working for me).
**** hell. Missed a great time to restock my coins... I have to stay away from GOX as much as possible.
6.
Post 2005389 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.55h):
At least Bitcoin teaches us something... a currency must be regulated...
Otherways it's just a speculator's game...
Hahaha right.... ya like regulated currencies do not involve speculation. Lol.
7.
Post 2005656 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.55h):
Geezz....what a dive! Yikes . Might be holding my $110 coins for a long time...
8.
Post 2007661 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.55h):
I find it funny that merely 3 hours ago many folks were predicting the end of BTC, and that it would be at $60 by the end of the day
The old-hands around here must find the hair-trigger-panic pretty amusing as well.
9.
Post 2075695 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.57h):
If you are "daytrading" I have some questions to ask. On average:
How often do you buy/sell?
Do you use one sized chunks (e.g. 100 BTC) or various sizes? How you decide on the amount?
For how long do you wait before admitting bad decision and buying/selling back with loss?
Are you using market orders? When?
Do you use API (bot/script) or web interface?
Do you use stop-loss?
What's your % gain since the 266 crash?
This might be more suitable in a new/alternate thread.
10.
Post 2088440 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.57h):
Wow...haven't seen BTC this stable since the late '90's.
Great for BTC -- terribly boring for my day trading hobby however. But ya, good news overall...
11.
Post 2090667 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.57h):
105 is a pretty good entry point. I'd be happy to get into the GF market at 110, or even 112 pounds or so.
12.
Post 2093973 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.57h):
More I learn about this world more enticing starting an exchange becomes.
Already have the legal and accounting resources. Any developers out there interested in a project please pm me. Based in Canada.
Go for it man ! Be nice to have another option besides CanVirtEx, where it is pretty difficult to get money in or out of without using a bank account.
13.
Post 2099230 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.58h):
Whew well that was an awesome frenzy morning to wake up to.
Had my sell orders in last night for 121.33 at Gox.
Looks like that was the perfect place to be... high-fiving myself...
14.
Post 2145898 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.58h):
For the past 8 days the rate has been unusually steady hardly any fluctuations, I can see a pump and dump is due within the next couple of days> I expect the price to increase a moderate 5-10% more then we will see a sudden dump with a 30% fall then a steady increase as people get out their poop scoopers to collect the cheaper coins that others lost shitting their pants
Really ? Hmmm I think we have entered a period of more stability than that . I doubt we'll see a 30% fall, but that'd be great.
15.
Post 2148428 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_10.58h):
At least it's not boring any more!
+1 for sure man, good to see some movement in any direction.
I almost took up pottery.
16.
Post 2257706 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_11.00h):
Whew BTC is looking so strong these days. No stopping this mega-Titan.
17.
Post 2278120 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_11.00h):
And sincerly I wonder where bitcoin would be without SR sometimes.
Is SR back?
Yes Sr is back online.
18.
Post 2285113 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_11.00h):
HRmmm is it just me or is the price dropping somewhat ?
[going to make a pot coffee..just rolled outta bed...]
edit: [5 minutes later. rubs sleep from eyes]
Ya ya I do believe this is the start of some sort of ....what do those market wizards call it... .a 'dip'.
19.
Post 2651390 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_11.08h):
Up she a'going currently.
20.
Post 4986510 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_12.03h):
Gox should purcahse all of the FBI's coins in bulk.
I still don't really understand what that company was thinking. They had a golden goose, must have been making a fortune, but really screwed the pooch. Like hire another 5 customer services guys would you not, if you are profiting multi-millions a year and are the global leader (at one point).
The company leadership is either incompetent, or they did not pay the right people the right bribes are paying the price.
Anyways. Are we crashing right now?
21.
Post 4987344 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_12.03h):
heh, check virtex orderbook for the lulz
Buying BTC
Created Amount Price Value
Feb. 6, 2014, 12:13 p.m. 0.0500/0.0500 849.10002 42.46 CAD
Feb. 6, 2014, 12:13 p.m. 0.0500/0.0500 849.00002 42.45 CAD
Feb. 6, 2014, 12:13 p.m. 0.0500/0.0500 848.90002 42.45 CAD
Feb. 6, 2014, 12:14 p.m. 0.0500/0.0500 848.80002 42.44 CAD
Feb. 6, 2014, 12:14 p.m. 0.0500/0.0500 848.70002 42.44 CAD
Feb. 6, 2014, 12:14 p.m. 0.0500/0.0500 848.60002 42.43 CAD
Feb. 6, 2014, 12:14 p.m. 0.0500/0.0500 848.50002 42.43 CAD
Feb. 6, 2014, 12:14 p.m. 0.0500/0.0500 848.40002 42.42 CAD
Feb. 6, 2014, 12:15 p.m. 0.0500/0.0500 848.30002 42.42 CAD
Feb. 6, 2014, 12:15 p.m. 0.0500/0.0500 848.20002 42.41 CAD
Feb. 6, 2014, 12:16 p.m. 0.0500/0.0500 848.10002 42.41 CAD
Feb. 6, 2014, 12:16 p.m. 0.0500/0.0500 848.00002 42.40 CAD
Feb. 6, 2014, 12:17 p.m. 0.0500/0.0500 847.90002 42.40 CAD
Feb. 6, 2014, 12:17 p.m. 0.0500/0.0500 847.80002 42.39 CAD
Feb. 6, 2014, 12:17 p.m. 0.0500/0.0500 847.70002 42.39 CAD
Feb. 6, 2014, 12:17 p.m. 0.0500/0.0500 847.60002 42.38 CAD
Feb. 6, 2014, 12:17 p.m. 0.0500/0.0500 847.50002 42.38 CAD
Jan. 31, 2014, 8:38 a.m. 2.5726/2.5726 847.50000 2180.28 CAD
Feb. 6, 2014, 12:18 p.m. 0.0500/0.0500 847.40002 42.37 CAD
Feb. 6, 2014, 12:18 p.m. 0.0500/0.0500 847.30002 42.37 CAD
that my friends is the Canadian equivalent of Willy... hahahahaaa
This slicing of orders is common. Here is my understanding of why people do that:
If you post a single bid for 21 BTC @ 800, some other jerk may post his bid for 21 BTC @ 800.01, then you will not get anything until hs bid is filled.
If you spread your bid into 21 bids of 1 BTC @ 790, 791, 792, ..., 800, 801, ..., 809, 810, you will ultimately pay the same amount, but now the jerk cannot
get ahead of you by bidding just one penny more.
If he posts 21 @ 810.01 he will lose a lot of money, if he post 21 @ 800.01 you will gobble up 10 BTC before he gets anything,
if he splits his order too at 790.01, 791.01, etc. you both will get served together.
So, splitting seems to be a better strategy than lumping, very roughly speaking.
Does this make sense?
Thanks. Yes it does make sense, and never thought of that before.
22.
Post 6164528 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_12.35h):
Damn it! Should have bought that eight ball last week when I intended !
/I'm of course saying this as a joke, I would never do such a thing !
23.
Post 7223681 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_12.51h):
Surprised how steady the price has been recently. Seems like it is rock stable right now.
I had the feeling that the price was about to dive yesterday. But it usually goes in the opposite of what I expect.
24.
Post 12993199 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.34h):
20 billion ? Lol it is far more than that, where did you get that figure?
The first thing that comes to mine is when Donald Rumsfield had that press conference the day before 9 / 11 saying that the Pentagon has 'lost track' of 2.3 trillion dollars.
Or the transport planes full of cash that mysteriously went missing in Iraq.
20 billion of loses isn't much at all in the scheme of how much has been lost over the last few administrations in the U. S of A .
25.
Post 13125463 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.35h):
No doom and gloom here. I think we aren't going below $325 - $330 for the foreseeable future, and will slowly climb to a 'somewhat steady' 360 - 390 range in December with peaks at 420.
I have all the proof in the fancy chart I have here.... oh darn it, looks like I left the chart at home.
But i don't see <300 like a lot of folks seem to in the near future.
But who knows.
26.
Post 13220431 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.37h):
If my premise is correct -- that bitcoin always behaves in the opposite of manner of what I expect -- I believe we'll stay at 450 for a day and then climb to 500 over the 3 days.
I don't see us going sub <400 this month, but hope we do though, as I'm all fiat and sold right now.
27.
Post 13222189 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.37h):
I'm happy. Was sitting all in fiat. Not a fan. It gives me an itch.
An itch to buy more bitcoin !
28.
Post 13249244 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.37h):
Things are lookin up.
29.
Post 14674890 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.49h):
Why did I sell at 435? Sigh.
Bitcoin you crazy.
30.
Post 14902588 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.50h):
Going to go out on a limb and say that I today's low is going to be the lowest low we'll see for a LONG time and I bought today and I feeling confident it was a good call.
31.
Post 14902723 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.50h):
I think this is my favorite thread of my life. The meme to noise ratio is incredibly high and amusing.
32.
Post 15003861 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.51h):
These are the magic days in trading you always look back fondly on (if you don't get hosed).
Yeehaw bitcoin!
[insert funny meme here]
Captain hindsight: so it looks like what happened was DAO , with their dumb multi-tier ICO eth to dao ratio caused everyone to dump DAO when it first went up, causing huge downward pressure on ETH, so everyone wanted to get out of ETH and into BTC.
Thanks DAO!
33.
Post 15004223 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.51h):
These are the magic days in trading you always look back fondly on (if you don't get hosed).
Yeehaw bitcoin!
[insert funny meme here]
Captain hindsight: so it looks like what happened was DAO , with their dumb multi-tier ICO eth to dao ratio caused everyone to dump DAO when it first went up, causing huge downward pressure on ETH, so everyone wanted to get out of ETH and into BTC.
Thanks DAO!
How does getting out of DAO work? I heard today was the first day people could get out, but is everyone free to get out at the same time, or do some have to wait longer than others before they can dump DAO?
DAO nutshell: it's almost more of an idea than a new coin. It is a concept of an semi-autonomous corporation that is powered by ETH. People buying into DAO control policy through voting (votes=number of DAO you have). It had a whopping 130 million US of funding and locked up a whopping 13% of all ETH.
DAO as it relates to trading: they did a dumb thing imho with initial coin offering. The ICO period was 30 days. For the first two weeks, 1 ETH got you 100 DAO. The next two weeks, it went up to 1.5ETH to a 100 DAO. This caused the totally foreseeable situation of all those people who bought in the first week dumping immediatly when it went on sale today to secure the 50% profit against the late comers. Also, as you can exchange DAO for ETH, the two prices are now locked, and should always be around the same 1:100 ration (1 DA0 is 1/100th price of 1 ETH). This is causing huge downwards pressure on ETH and ETH holders see this so are pushing money into BTC to protect their wealth. This is feeding upon itself as this Bitcoin price boom continues.
Figured this all out over an hour or two of research last night. But I figure its sound. BTC is looking VERY bullish right now with this move away from ETH and the halving next month really I don't think we'll drop below <500 until the halving now, much more likely we'll see 600 this [long] weekend.
34.
Post 15072995 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.51h):
Just bought back in myself.
Just looking at how little BTC is even on the books to sell at the moment, on my current exchange, okcoin, and I'm feeling pretty bullish. Yeah buying at a 2 year ATH sounds really dumb, but this is bitcoin we are talking about, logic doesn't apply!
35.
Post 15160534 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.52h):
Prepare for lift-off.
36.
Post 15182298 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.52h):
Just bought at 700 on okcoin.
All time high on okcoin.
Feels good !
My reasoning was that it was completely dumb ass and illogical to buy right now, and my experience in bitcoin has taught me to do this opposite of which I think is a reasonable and logical investment move.
37.
Post 15184455 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.52h):
Wow, hardly any BTC available for sale on OKcoin up to 720.
38.
Post 15228723 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.53h):
Hmmm sell my last few bitcoin at 750 or hold? Hrmmm..... damn I love trading bitcoin.
Panic sold at 730, I'll take it
39.
Post 15240754 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.53h):
What the hell? So crazy.
Okcoin daily low of 720. 10-15 mins later, complete blow up the other direction to daily high of 770.
This is madness !
40.
Post 15321862 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.54h):
Crap, we be bleedin' mightily here.
This is tough to watch if your holdin'.
41.
Post 15326089 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.54h):
Market just isn't too enthusiastic today.
A lot of good news IMHO in the last little while. Today there was that positive news re Paypal finally warming up to bitcoin. The DAO not-hack and ETH dive I thought would translate into more folks shifting to coins to BTC but.. fack. Sub <600. Sigh. Really hope this is the bottom in the near term but nobody much is in the mood to buy, everyone seems to be waiting for an ever-better re-entry point.
Ah so it goes, bitcoin.
42.
Post 15327665 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.54h):
A 540 bottom would be fine Mr Bitcoin. Just keep on headed in the right direction, that's good now, keep goin' Mr Bitcoin...
43.
Post 15340136 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.54h):
I think I'm gonna spend tonight staring at the charts! This is could go anywhere. Pure craziness.
44.
Post 15341184 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.54h):
45.
Post 15504335 (copy this link) (by glendall) (scraped on 2020-04-04_Sat_14.55h):
Ugh, too early in the day for this dump
I gotta sleep, hold off for a bit bitcoin.
