All posts made by BitofaN1 in Bitcointalk.org's Wall Observer thread
1.
Post 11336446 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.14h):
Looks like someone doesn't like it to come back below 238.Interesting.
2.
Post 11369363 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.15h):
Why the hell would anyone sell at 236?
3.
Post 11378288 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.15h):
Aaaaaand it bounced right off...
4.
Post 11384244 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.15h):
Watch out for that midnight cock blocker again.(both last crashes happened around midnight for me).
5.
Post 11417030 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.15h):
Old chinese ladys are only along for the ride of the bull market.They don't care much for bear rides.
6.
Post 11478188 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.16h):
“Attention everyone who sends us US dollars and trying to withdrawal in US dollars through bank transfer. From tightened for a new American policy correspondence banks in relation to payment institutions deposits and withdrawals of US dollars delayed for 1-2 weeks.”
How is this english? I don't even..?
7.
Post 11503873 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.16h):
So, we can expect a rise to 250s this week?
- Mayer Amschel
Fixed.
8.
Post 11504088 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.16h):
OMg.Omg.Omg.Massive sale on BFX
9.
Post 11509224 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.16h):
Big midnight dump on BFX again.
Moon?
10.
Post 11535662 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.16h):
Cheap coins incoming.Well, at least 1 buck cheaper...
11.
Post 11598210 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
It's the same minipump that has been going on for the whole week at the exact same hour.Check the charts.
12.
Post 11610727 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
Moon?
13.
Post 11610870 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
Moon?
The rise in bitcoin adoption is evident by observing the steadily increasing amount of new accounts at this forum. Several new bitcoin fans every day in this thread alone!
Bullish!
We prefer the term blockchain token adopters.We don't want to be associated with bitcoin.
14.
Post 11613360 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
Uncanny price fluctuations... I sold last night before bed. Then about what.. 15 minutes later it goes up after a 1 week flatline?
Makes you superstitious!
Yes it was a flatline week, but sparsed with decent sized random green dildos witch should have been a sign for anyone.
(Finex graph)
15.
Post 11625129 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
Chinese summer buying panic.
16.
Post 11625688 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
Gentlemen, prepare for liftoff!!
17.
Post 11634339 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
And going down again...
I think this is the first time I didn't feel a single drop of hope of joy seeing a price rise
Huobi still at $258Edit: API froze or something.
I noticed that always happens there whenever there is a sudden change in price.
Resetting their bots takes time i guess...
18.
Post 11637279 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.17h):
Who is pumping LTC like that?Shit is getting ridiculous really fast!! In a good way that is.
19.
Post 11642154 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
panic sellers.. you are a long term bulls wet dream, dont ever change
cho cho ... is time the moon
Its just a bear wale trying to cock block us along the way.
20.
Post 11655417 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
That whale just managed to freeze the market at 250.No one will sale into that huge wall,the only direction will be up from here.But I don't see much buying either and Finex is flatlining right now.
Can 5k leveraged coins kill a market?Stay tuned to find out.
21.
Post 11657430 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
Its sad to see everyone so pumped for a 30$ spike.
I hope you get out before you catch a falling knife.
TROLL is what i would do.
- Mayer Amschel
FTFY
22.
Post 11663298 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
1600 BTC sell and the walls are holding.
That's the only good news for today, sadly.
WOW Finex went full retard.
23.
Post 11682037 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
1k shorts closed on finex.Bears are getting jumpy.
24.
Post 11687725 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
Btw who in their right mind leaves btc to be lent out short at 0.008% a day? lol
That must be one of the unexplained mysteries of the universe.I mean people are lending BTC for shorts at basically no interest, potentially decreasing their own coins value. We must be missing something here, right?There is no way people are that dumb.
25.
Post 11708518 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
"Only" 12K ask wall? Used to be 20K. What happened to the finex whale?
26.
Post 11713058 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
I for one am gratefull to that whale.He stuck with us for more than a week, and took the brunt of the bear army valliantly.Without him we would have been in the lower 230s.
27.
Post 11727081 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.18h):
28.
Post 11741538 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.19h):
These polls are terrible. First we are going to 300, then we're going sub 230...
Btc price will not go down by any significant margin untill there is some resolution to the greek problem.I don't know what those people that see sub 230 coins are smoking.
29.
Post 11750641 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.19h):
1.Buy at every dip(max leverage).
2.Profit.
30.
Post 11750722 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.19h):
At what price do those 18k shorts on finex get margin called? (poor die hard bears)
31.
Post 11750761 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.19h):
1.Buy at every dip(max leverage pay cash, never borrow).
2.Profit.
ftfy
Nah, conversion fees too high, dip too small, better use other peoples' money.
32.
Post 11750777 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.19h):
At what price do those 18k shorts on finex get margin called? (poor die hard bears)
Some are already closing. In the last 24 hours shorts on finex have dropped by 1,500 BTC. Doesn't look like any cascading calls yet though. We move up a bit and then a little down but overall it's up.
I'm guessing just a little above 300 since many were made at low 230s.
tick tock.
33.
Post 11772552 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.19h):
Someone shaking the tree.
BearWhaleTard is not scaring anyone. Hope he enjoys buying his coins back at 265.
34.
Post 11797943 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.19h):
2k shorts closed on finex.But who cares at this point.It's just 2k lol.
35.
Post 11809154 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
Unannounced stress test using .0002 btc fees. It apparently set a record for tx/s at one point with... if I remember correctly, something like 147 tx/s
Also, coinbase and finex were both down briefly today and huobi still hasn't recovered as of yet.Also,price is taking a nose dive.I'm not much for tinfoil hats, but dayum!!!
36.
Post 11822105 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
Chinese exchanges done goofed?
OKcoin and Huobi at the same time ? It got to 1734 (278.59 USD) on OK and then froze? WTF is goin on?
Meanwhile finex drops hard.
37.
Post 11822198 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
Chinese exchanges done goofed?
OKcoin and Huobi at the same time ? It got to 1734 (278.59 USD) on OK and then froze? WTF is goin on?
Meanwhile finex drops hard.
indeed, what's up??
Chinese people are moving massive funds from their crashing stock market into BTC?
One can only dream...
38.
Post 11826499 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
RSI double top spotted @finex 1day
We're probably going to see a correction to the $259 support level.
Really don't think we're getting below 262 any time soon.
39.
Post 11840504 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
Bitcoin is trading oddly at the moment. Highly volatile in a narrow range.
Once that is done and LTC maxes out, the whales will then take off the parking brake and Bitcoin will start to rally. The whales will mass dump their remaining litecoin for bitcoin. All the noobs will then rush in from LTC to BTC en masse, forcing the rally even higher. The world will then start reading about bitcoin in the media and join in the Bitcoin party.
When that happens, Katy bar the door.
Feels good to make an accurate prediction for a change...
Great call, Torque.
40.
Post 11840622 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
That thin long needle on OK coin reached 2335 CNY (376.16 USD).Still 8k insane shorters on Finex didn't get margin called yet.
41.
Post 11841797 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
Not to shit on everyone's parade, but we only have 5k support to 258(finex).Keep your eyes on the charts.
42.
Post 11858100 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.20h):
Wait so are we panic buying or not? I'm so confused...
Its up to chinese willy bot creating this crap, naturally price should correct itself to ~280$ atleast before any further upward movement due to high resistance level around 305-310$ but chinese scam exchanges may keep pushing price up with their fake bot volume to even 320$ before any correction. Their shitty bots is the only reason why price is not correcting itself because volume on finex and stamp have significantly decreased which is natural before a correction.
Naturally it would be like this:
Sorry, but the last major pumps happened on Finex not on the chinese exchanges.Look at the volume.
Chinese were allways pushing the price down not up,imho.
43.
Post 11924397 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.21h):
44.
Post 11958597 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.21h):
Nasdaq news? What is this pump about?
45.
Post 11958901 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.21h):
Nasdaq news? What is this pump about?
lmao americans and their tiny world view.
It's CHINA.
We're all living in America, you know that Rammstein song don't you? I'm actually from eastern Europe.
If it is indeed "CHINA", and by the volume alone I agree, then expect a subsequent dump.
46.
Post 11981186 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.22h):
The chinese giveth, the chinese taketh away.Seems like yesterday's pump was just an attempt to squeeze a few longs because it only happened with BTC. LTC didn't move up an inch yesterday, while BTC was having a blast.
I think many people,me included, were expecting to smash through 300 easily on monday.
47.
Post 12004552 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.22h):
looks like Bitcoin is still not ready for prices above 315$ this year....
Considering that 1mil usd worth of BTC gets bought every day, and that just to keep the price at current level, I'd say we're doing pretty good.If same demand exists by this time next year, after the reward halving...I'll let you fill in the blanks.
48.
Post 12027460 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.22h):
Pssst. Bears, this is not the 250 you're looking for.
49.
Post 12027635 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.22h):
Pssst. Bears, this is not the 250 you're looking for.
No rush, cud chewer. We're chill4nao
That 11k wall to 270 is obviously fake.You just didn't test it hard enough, that's all.Come on one last dump, it's not like you're all max leveraged short, are you?
50.
Post 12031374 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.22h):
$275 support seems to be holding. We may have found a new floor, gentlemen.
I'm afraid this is not the end
No, this is gentlemen.
51.
Post 12072295 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.22h):
Hmm... That's a weird looking 8.4k volume spike on Houbi.
52.
Post 12085890 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.22h):
Dump in anticipation of Bitfinex liquidating their NY customers? There's still another week FFS.
Anyway, cheap coins incoming!
53.
Post 12089059 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
Bearwhale squeezed quite a few longs, but only 2400 coins to 278. We'll hit that on monday, easy.
54.
Post 12089914 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
1900 coins to 278 this could get ugly for the bears.Bid side is drying up.
55.
Post 12089967 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
1900 coins to 278 this could get ugly for the bears.Ask side is drying up.
few coins to 278 since the start of the bear attack, but prices keep falling.
now from 267 to 263
All i'm saying is that this could be a really juicy long position right here.
56.
Post 12101513 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
Dat long needle on Huobi doe...
57.
Post 12132651 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
One 5k market buy and we nearly hit 300.
And there would still be some room for a 15k bid wall at 301. Bears would go suicidal, god bless their tits.
58.
Post 12160720 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
So somebody dumped 10,000 coins and the price moved ~ six bucks down, bounced back up five and is now holding steady half way up (or down depending on your point of view). Put together with last weekend's more successful dump, that's 50,000 coins to move the price down ~$25 or 2k coins per dollar lower value. And there seems to be diminishing returns.
He should write a book called "How to lose your ass attempting to manipulate the bitcoin market".
my guess is he borrowed those coins from some early adopter off exchange and now he is looking to trying to buy them back without moving the market up so much that he loses money. Good luck with that.
Got to give him credit for his timing though..He probably thought dumping 10k coins among forking/censorship controversy would trigger a cascade of closing longs.Too bad that finex wall ate his coins without flinching.Sometimes walls are real, kids.Don't run head first into them.
59.
Post 12176990 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
May goud help us.rip btc
60.
Post 12178388 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
Holy crap!
61.
Post 12178524 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
STOP THE EXCHANGES!!!
62.
Post 12179492 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
Just bought at 229.Kinda risky giving the thin ask side.(5.6k to 202) ouch.What are you guys thinking?Any more megadumps?
63.
Post 12179942 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.23h):
Only 3700 coins to 206.Too juicy for the bears to miss.We might retest sub 200 again.Get ready to buy.
64.
Post 12191774 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
OK coin with the rebound there.And the crowd goes wild...
65.
Post 12211838 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
if Core implements the smallest block size increase, BOOM XT is history and the network will upgrade right away.
That's exactly my opinion also.Yet none of the core devs are willing to reach any kind of compromise, even if the most insignificant raise of block size would do it.
Fucking core DIVAS. WTF are you waiting for? Double digits?
66.
Post 12225669 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
I wonder what will happen when Finex's trades resume.Maybe a slight increase in price as people buy BTC to get the fuck out of dodge on other exchanges.
67.
Post 12226240 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
Orderbooks look ridiculously low bid side, on every exchange.Prepare for double digits this week.
68.
Post 12231205 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
Big bid walls creeping up.Am I the first to notice? Edit:Nah, Bassclef beat me to it.^^
Might be a safe long position, at least for a while.
Worth a shot.
69.
Post 12239563 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
I'm soooo done with bfx.They must be protecting their high rollers everytime they are on the wrong side of a trade.There's no other explination than that.Last time they said they were doing some testing(on the live platform?).Wonder what bullshit excusses they'll come up with this time..
70.
Post 12241763 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
Relax guys, they are processing withdrawals manually over at BFX. Your withdrawal order will be processed with great care and will arrive at destination sometimes this... year.
71.
Post 12245005 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.24h):
Not really.People, including yours truly, still have problems withdrawing from Bitfinex.For some dubious reason my account's USD balance on exchange is -18$(negative) even though my BTC balance on exchange is in the thousands of USD. Any withdrawal attempt is automatically canceled for this reason: "Negative balance on wallet exchange".
Please don't full GOX on us bitfinex, pleeeeease.
72.
Post 12248853 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.25h):
My negative $18 balance issue on Finex got resolved and i could finally get out of that cess pool.They substracted those 18 bucks from my btc balance.Dick move considering that all my trades had all the fees attached to them, payed in full.I wasn't using any swaps, nor was i trading on margin.
Got fleeced hard but am still glad I escaped with my all funds.Good riddance Bfx.
73.
Post 12319959 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.25h):
So Bitstamp is now also faking volume?
They don't need to fake anything.They are the new biggest western exchange thanks to Bitfinex's gross incompetence.
Speaking of Bitfinex, I received an e-mail from them:
Dear user: [Redacted]
After careful review of the trading activity in your account in and around our service disruption on August 25th, 2015, we have identified a discrepancy between your trade history and how those trades were booked to your account. In most cases the discrepancy is a result of trades being double booked to your account. In order to bring your account balance inline with your trade history, we need to put two adjusting entries to reflect a change of -xx.xxx BTC at an average price of 224.38. Unfortunately, this adjustment will result an a negative currency in your trading wallet. Please move funds between wallets or deposit additional to satisfy this adjustment. If the negative balance still persist in 24 hours, we will make the adjustment ourselves to eliminate the negative balance. We sincerely apologize for the inconvenience and will be additionally crediting back your trading fees during the affected period 15:00:00 UTC to 21:00:00 UTC. Please do not hesitate to contact us with any questions.After I got all my funds out from them, now they want me to move them back in to fix a negative balance issue in my trade balance?
For a second time??? (I already had negative balance before I left them witch got "resolved" by deducting said negative balance from my btc deposit).Still waiting for their mail to clarify wtf is going on over there.
74.
Post 12320273 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.25h):
Let them keep their negative balance and move on
What's really scary is that they still hold $23.6 mil in active long positions. Wonder for how long though..
I mean BTC-e has bigger volume than them right now, FFS.
75.
Post 12336770 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.25h):
This must be the fakest pump i've seen yet.
76.
Post 12336851 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.25h):
This must be the fakest pump i've seen yet.
Timing looks right to me.
I'd say 350 by the end of the year, and I think 1163 by the end of 2016
If/when the blocksize debate is over, last Silk Road coin auction is done, then timing will look right to me too.
At least we passed the previous high on 28th of august, by no less than a full dollar to be precise.
77.
Post 12366495 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.25h):
Yes.
I.
now that you posted the link.
TLDR, ELI5: It's about the upcoming nuclear attack / stress test. Nothing new. (Unless you haven't heard about it yet.)
Is everyone gonna sell because of this? I mean, even if it's gonna create a few days worth of backlog many will panic, me thinks.
78.
Post 12390164 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.26h):
4k to 242 on Bitstamp, 5k to 234 on Finex. Until we break either of those, we'll be going nowhere fast.Have a relaxing week-end, everybody.
79.
Post 12490254 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.26h):
Nothing to see here.Just a small bear trap that's all.
80.
Post 12510361 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.26h):
What's up with China's insane volume today? Can't be all fake, right?
81.
Post 12548729 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
Bearstamp earning its mettle.I remember last week being even below Btc-e for a while.
82.
Post 12566700 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
Global 'Wealth' Destruction - World Market Cap Plunges $13 Trillion To 2 Year Lows.
Will it go down to 2008 levels? The beginning sure looks " promising" looking at that MACD.
83.
Post 12567957 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
That finex wall is epic. I'm observing.
5.6 k to 232, noice.Also 3day MACD turned green today.
I predict either the most boring week-end ever, pricewise or a decent run up to 250.No way we're going down (for real).
84.
Post 12610066 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
85.
Post 12610610 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
The mere announcement of an auction often produced a dump even if the price pumped after the auction. We never found out what any winner paid, and I think it depended on sentiment at the time of particular auctions. I guess the first auction winner paid $500 - $600 market price to win all the coins. Although there was a good pump after the first auction the winner says he's still holding them. However, I guess the second auction winners paid less than the market price judging by the post auction dump. The sentiment was bearish at the time of the second auction.
If I were a troll whale, I'd pump the shit out of BTC on the 4th of November so that nobody gets to have cheap coins the next day at the auction.
86.
Post 12611278 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
WOW 2.5k wall at 240 on BFX. Prepare moon suits.
87.
Post 12616687 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
Happening status: it's
88.
Post 12616846 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.27h):
Happening status: its
Happening status:
it'sFixed, mein fuhrer! It will never happen again, I promise.
Heil!
89.
Post 12702760 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.28h):
Hmm.. No rocket launch gifs yet. I am disapoint.
90.
Post 12703806 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.28h):
China @ 275.Looks like those 44k auctioned bitcoins are gonna sell at premium.My guess, way above 300.
91.
Post 12704191 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.28h):
No one is selling. Are we going to se a full retrace to $310?
confirmed
confirmation verified
Nah, Bearstamp still selling like crazy bitches.Too bad China doesn't give a shit. $8 price difference and no one arbs this bitch?
92.
Post 12704252 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.28h):
No one is selling. Are we going to se a full retrace to $310?
confirmed
confirmation verified
Nah, Bearstamp still selling like crazy bitches.Too bad China doesn't give a shit. $8 price difference and no one arbs this bitch?
Bitstamp has insiginificant volume comparated with the big players that are driving the price up. They won't make difference.
And since forever BTC-e has been below everyone else, I think $8 gap still noth worth to arbitrage in a bullish scenatio
Tell me about it! I'm there but I don't have any fiat to buy this small dip. I'm all in BTC since 225
93.
Post 12748717 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.28h):
94.
Post 12774439 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.28h):
Hmm.. Sturdy ask walls on Bitfinex, towards 300. It's gonna be tough, but not impossible.On the plus side I see bears are really scared to dump on a volume less week-end. You all turned bull, or what?
95.
Post 12784380 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
I still think this rally is about market makers getting sure nobody else gets 44k cheap coins at the martial auction, that could threaten their positions.
I expect this to continue for at least 10 more days, with peak around 3-4th of November.
96.
Post 12784782 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
I still think this rally is about market makers getting sure nobody else gets 44k cheap coins at the martial auction, that could threaten their positions.
I expect this to continue for at least 10 more days, with peak around 3-4th of November.
We don't know if the buyers are going to hold or dump. The only thing we do know is that the damn government gets the cash and I hope that amount is as low as possible.
Nah, let them get as much worthless fiat as they want.They print that shit like it's toilet paper anyway..
What I was saying is that Market Makers are making sure the buyers won't dump because they will pay way above market price.
97.
Post 12785436 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
Wow Bitstamp just went full retard on the dump.China doesn't give a shit though...
98.
Post 12818618 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
By the time Bitstamp clears that 2k wall at 310, China is going to leave us in the dust.
99.
Post 12823660 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
Dump happened at almost the exact time as yesterday. Almost as if someone knows the orderbooks.Now comes the slow rise until China wakes up tomorrow and fires the engines.Rinse and repeat.
Edit: Well, maybe not that slow of a rise. Dayumm!!
100.
Post 12825061 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
Everyone full leveraged long on Bitfinex? Why is that tiny 600 coins wall to 318 still standing? You people don't like money, or what? China is pushing for 330 FFS!!!
101.
Post 12828300 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
You people have stops in place, right? I know nobody is selling right now but orderbook is really looking thin bid size.Just saying it would be wise.Now, where would one place such a stop, that is a different story.
102.
Post 12828717 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
Bitstamp must have liquidity problems cause it's really lagging behind.I think it's time to give Bitfinex's glitched trading engine another try.At least they don't have liquidity problems.
103.
Post 12829201 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
Avid follower of news, recent follower of crypto here.
What you're going to see, boys, is an exit from fiat into bitcoin. This is the real deal. I personally moved 40% wealth into btc and will consider anything a bargain below $1k/btc as I do believe decentralized currency is safer than central bank regulated currency.
This is a harbinger of many people around the world fearing a repeat of the 2008 financial crisis. Buy. Or sell to me
If you're assuming an exit from fiat into crypto, then 1k/btc will be considered a bargain.Right now it looks like negative interest rates and a ban on cash are really on the horizon, ask Sweden. Anyway, welcome aboard.
104.
Post 12829541 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.29h):
If China farts, western exchanges are already taking a dump. How embarrassing.
105.
Post 12843227 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
Looks like Stamp is getting ready for double digits. LOL
106.
Post 12861020 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
If we pass 380, all bets are off. And it looks like we will pass it tomorrow, easily.
107.
Post 12861436 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
Is it really happening?
108.
Post 12861509 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
wow bitstamp run out of asks? if that happens to finex then there could be indeed a big green dildo this time
Good thing I left Bearstamp this week-end.But seriously WTF happens to them now? Has this ever happened previously to other exchanges?
109.
Post 12861531 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
It just occured to me that there is a completely real possibility that all exchanges simply run out of coins that people are willing to sell.
What happens when there are 50 exchanges but a buyer simply cannot find any coins for sale?
Will the world end? Or does my world just become super F'ing awesome......
I'd go wit SUPER FUCKING AWESOME!!!!!!
110.
Post 12861599 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
Speaking of shorts... We still have 19k to close. Tick Tock.....
111.
Post 12862060 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
There are only 4k coins left on Bitfinex's orderbook and after that it's anyone's guess. Imagine this scenario we have today, but after the "halvening".
112.
Post 12862125 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
Wait for China to woke up (3 more hours) and this thing is going to get very mad.
if china wakes up, and they have a lot of bitcoin that they bought yesterday, or even friday, and see the price this high, they might actually sell some of it, which might actually drop the price.
at least for the first few hours.
There will also be buttloads of fiat hitting exchanges on Tuesday so there will be buying pressure too.I'm guessing the chinese will postpone their profit taking for at least a couple of days.Especially when the orderbooks are this thin, ask side.
113.
Post 12865205 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
$46 spread between BTC-e and Huobi
Can someone explain this?
It's really hard to get fiat into BTC-e apparently.
114.
Post 12868425 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.30h):
Consolidation above $380 would be incredible
Consolidation? Ain't nobody got time fo' that.
115.
Post 12869384 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.31h):
Shorts still at 18k? Color me impressed.Say what you want about bears, but they're either really dumb or have balls of steel.
Edit: Really expensive attempt at stop hunting on BFX.
116.
Post 12869528 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.31h):
Shorts still at 18k? Color me impressed.Say what you want about bears, but they're either really dumb or have balls of steel.
Edit: Really expensive attempt at stop hunting on BFX.
those 18k are definitely not holding since 250
Well, they didn't open them at $395 either.The vast majority of the new shorts (7k) were opened on the 29th of october at $315 and currently only 3k of them closed.I REALLY think we will burn through them before we go down, so hang on to your seat belts.
117.
Post 12869699 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.31h):
Shorts still at 18k? Color me impressed.Say what you want about bears, but they're either really dumb or have balls of steel.
Edit: Really expensive attempt at stop hunting on BFX.
those 18k are definitely not holding since 250
Well, they didn't open them at $395 either.The vast majority of the new shorts (7k) were opened on the 29th of october at $315 and currently only 3k of them closed.I REALLY think we will burn through them before we go down, so hang on to your seat belts.
wow! where do you find such detailed info?
at your disposal.
118.
Post 12870653 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.31h):
I'm out. I'll get in on the next pullback, even if that's $100 higher than here. This very well could be a bubble to $1000+, but this is a parabola and I'm jumping off!
Aaaaand we're at $396. Just set some stops in place and enjoy the ride.
119.
Post 12871598 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.31h):
3k shorts closed today. R.I.P bears.
120.
Post 12924950 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.32h):
Come on people, lesbi_honest here, were all of you prepared to pay 500+ per coin for the next 6 months?Or were you expecting other people to do it for you?
We still have 9% inflation for more than half a year right now and userbase didn't double these past months. Boring acumulation will gave to resume at some point.But what will be the new fair price most people are willing to pay?I guess we'll see soon enough..My guess low 300's will become support just as low 200's used to be.
121.
Post 12931437 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.33h):
When the market is being controlled by literally one deep pocket whale or a small consortium, it's gonna be a while. They will take their time, keep short squeezing and selling into strength until all interest in the market is exhausted. Then they will dump.
Could be weeks before it all plays out. Check back at the end of the year.
Pretty much this. After watching bitcoin for only six months , I am amazed how grossly the BTC market is being manipulated by Chinese exchanges working together with a handful of deep pockets/mining cartels. From fake DDOS claims , to shamelessly pumped volume to front running and insider trading.Trading bitcoin looks like a bad joke right now.I might even state that bitcoin won't succeed without either decentralized exchanges or heavily regulated/audited ones. And I don't think China is keen on western regulation. Just my 2 cents.
Disclaimer: I bought all my coins from May through October this year most of them below $250 and overall am more than pleased with my investment but I am also done hodling for now.
122.
Post 12942222 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.33h):
If we look at 1day MACD indicator wich just turned red today, we can guesstimate that there's plenty of room to fall, unfortunately.Considering that monday-tuesday is usually when new fiat hits exchanges, and we've seen 0 upwards buying pressure, we can also assume this week will be particularly tuogh on the hodlers.
123.
Post 12990570 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.34h):
Hey, look, it's perfectly symmetrical!
Maybe because it's the same whale that droped us over the week-end? Looks like his plan of buying below 320 didn't succeed.
124.
Post 13003807 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.34h):
What will be the next movie in this weekend?
125.
Post 13065167 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.35h):
wow that pump
It's actually real demand./s
I guess everyone was feeling way too bearish for market makers to oblige.
126.
Post 13126150 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.35h):
Patiently waiting for a double bottom to get in.Right now we are looking at a second obvious bear flag in the making.
127.
Post 13289674 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.38h):
It just occurred to me that @$456, assuming miners are on average selling all their coins, the market has to absorb $1.6 million in sales just to stay at the same price. You gotta wonder how long bulls can keep that up, considering we're going to run out of room in blocks in the next couple of months at this rate.
The market can be irrational way longer than your shorts can. That on top that the market does not seem to be overheated at the moment.
Anyone here thinks there is a strong correlation between the huge increase in hash rate and the actual price of BTC?
I mean all that mining hardware has to ROI as fast as possible so that miners can see some nice profits.Look at the hash rate graph:
https://blockchain.info/charts/hash-rate Hash rate jumped from 510mil GH/s to 770mil GH/s in less than a month.
Now here comes the speculation bit and I could be well off here, but: We all know Chinese miners work close together with Chinese exchanges, maybe too close, if you get what I'm saying.Couldn't they artificially pump up the price so all that mining hardware that must have cost fortunes,
can pay for itself as soon as possible? I'm not saying demand for BTC didn't increase also, but did it almost double in 60 days like the hash rate or the price did? I find that hard to believe.I also think that doubling of the BTC price and maintaining it at that level is a trivial task for China's bitcoin industry.
Long story short, I think China is way too invested in Bitcoin and is going to try and sell it to the rest of the world, for as high as possible for as long as possible from now on.That's why shorting bitcoin right now seems like a bad idea to me.
128.
Post 13290094 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.38h):
Couldn't they artificially pump up the price so all that mining hardware that must have cost fortunes,
can pay for itself as soon as possible?
If they could, why didn't they do it before their hardware became unprofitable, to simply boost their profits?
And why would anyone invest in a virtual asset which could be so easily manipulated?
Because the mining gear that accounts for the 220 mil GH/s network hash rate increase, came online only recently. Probably early
november.That investment needs to brake even fast. There is clearly demand out there, even at these prices but not to sustain it with out China's "help".
As for the second question: Only invest what you can afford to lose.Personally, I think China's greed will bring the death of bitcoin, unless we magically get audited and regulated Chinese Bitcoin exchanges somehow without crashing the entire BTC economy.
129.
Post 13291367 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.38h):
So what you're saying is until now, miners could afford to make less money, but now that they're stuck with all the new HW, they have to get serious? Is that the gist of it, or am I missing something?
Chinese exchanges are in business to make money. Miners going broke doesn't add any new tools to the exchanges' manipulation arsenal. If they could manipulate the price, they're already doing it.
They cannot sustain price manipulation for prolonged periods of time.But by simulating these parabolic rises they're hoping to create enough FOMO so that they could unload slowly on the market at highest possible price for as long as possible, now that they have ROI as a reason.Hash rate was steadily increasing even when the price was in the low 200's, so Chinese miners were profitable even then, otherwise they wouldn't have had a reason to invest huge amounts of money in these new 16 nm Asic chips.
130.
Post 14035040 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.46h):
131.
Post 15831110 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.56h):
Since Bitfinex knows all of the attacker's addresses, couldn't they try to convince the top pool's operators to blacklist them? Wouldn't that be one of the "advantages" of ultra centralized mining?
132.
Post 15831699 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.56h):
Since Bitfinex knows all of the attacker's addresses, couldn't they try to convince the top pool's operators to blacklist them? Wouldn't that be one of the "advantages" of ultra centralized mining?
So, lets play this out.
The top pools decide to blacklist the BitFinex theft addresses (BFTA). Let's say the top 5. Looking at bc.info (I know it's not the best place to get info but whatever), the top 5 pools have about 70.6% of the hash rate over the past 4 days. So any blocks created by them will not include transactions from the BFTA.
But wait, there is still @30% of the network to deal with. As soon as they find a block, transactions from the BFTA are included.
Never fear, the top 5 pools aren't finished yet! They ignore blocks from the puny 30% and refuse to build on them. Now we have miners 51% "attacking" the Bitcoin network to blacklist some coins. I'm sure that won't cause any problems.
The thief probably isn't stupid either. He starts including huge miner's fees (multiple bitcoins per transaction) to include his transactions in the block chain. The small pools keep building their chain earning tons of bitcoins from fees (which are melted into the coinbase rewards). The smaller miners start upping their hash power with their new found income!
We now have two viable chains. One with fungibility, one without. Hey, Bitcoin is like Ethereum now! Exchanges list both coins (they love getting those trading fees, don't they)! BTCa and BTCb can be traded against each other. The free market decides which properties are more valuable. Hilarity ensues.
Hey, after this, we can hard fork both forks with bigger blocks and have four chains. BTCa1mb4eva, BTCa8mb, BTCb1mb4eva, BTCb8mb. The more the merrier!
I can't wait for miners to decide to fuck with the network over some contentious issue. I'm sure, as businessmen, they are ready to assume the risk that they will be mining worthless tokens in the hopes of picking the chain that the market prefers! No risk, no reward, amirite?
Thanks for the answer. I guess if he ramps his fees high enough, even the largest of pools won't be able to resist temptation and soon enough they'll be fighting each other to include his transactions.Human greed is a wonderful thing./s
133.
Post 15841170 (copy this link) (by BitofaN1) (scraped on 2020-04-04_Sat_14.56h):
How are they planning to buy 75k coins off the market without insta-mooning the price (OTC?)? Who's gonna sell them all of those coins at ~$600?
Also how will they liquidate 36% of LTC ETC and ETH without tanking their price accordingly?