All posts made by GGALINff in Bitcointalk.org's Wall Observer thread
1.
Post 12904819 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.32h):
GBTC maintaining > 25% premium to underlying
http://www.otcmarkets.com/stock/GBTC/quote
2.
Post 12951551 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
it's going to $600
the rub is will it go to $200 first
3.
Post 12951641 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
What is the true value of 1 bitcoin? Nobody knows.
1 full bitcoin (1.0 BTC) is as scarce as
12kg of above ground gold. The price will readjust itself in the long run to reflect this. I'm not saying it will go to the value of 12kg gold, but price has to adjust to accommodate the scarcity factor.
How did you calculate this? What are the parameters to calculate this value? Even if we know everything, we don't know non-mined gold's quantity in the whole universe. BTC supply is already known and it's limited to 21 millions.
there is a lot of gold in the universe, but you'll never see it while alive
4.
Post 12951765 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
alls well that ends well
uptick
5.
Post 12952042 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
maybe that MMA guy Mavros can get it going
6.
Post 12952621 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
why wouldn't the price be manipulated? it's a relatively thinly traded asset with big profit potential...of course it will be manipulated
7.
Post 12956965 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
this pig analogy is hogwash
8.
Post 12957295 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
when people start basing their arguments on "all the in the universe" time to hit the bottle
what's next? in all of the universes?
9.
Post 12957456 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
when people start basing their arguments on "all the in the universe" time to hit the bottle
what's next? in all of the universes?
good point. Pig production is limited by the amount of matter in a FINITE universe.
Now lets discuss the properties of spherical chickens in a vacuum!

there would be insatiable demand if all the aliens in the finite universe were allowed to use bitcoin at Popeye's
10.
Post 12957532 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
GBTC premium to underlying is up to approx 37% at last trade price
11.
Post 12957723 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
this bacon potato talk has got me hungry
if you are in the states, use delivery.com 15% off code TAKEBREAK in the next 5 hours to get your fix
12.
Post 12958166 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
uptick past 330
13.
Post 12958830 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
it's a slooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooow day BTC
14.
Post 12959062 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
15.
Post 12959243 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
sold GBTC @ 45.40 to buy underlying @ 328
16.
Post 12965531 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
'Dollar-dedicated forums'?! Those are as common as forums celebrating having teeth, or promoting the advantages of not constantly poking yourself in the eye with scissors, i.e. not common at all. Care to guess why?
Let me try....
Don't have dollars = Don't have teeth
And you say you aren't dollar cultist!?
Not that bitcoiners don't try their best to be pests.
So, back to square one. What're you doing in a 'pest' forum? Trying to pest-control?
You not only harass businesses but bomb entire nations for not wanting to use your pointless (dollar) tokens in their international trade and impose sanctions, so that they couldn't run from your MLM dollar pitch.
so Russia bombing someone means they want them to use the Ruble?
17.
Post 12966180 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.33h):
so Russia bombing someone means they want them to use the Ruble?
Since when ISIL is a nation? Has US gov prepared such a resolution to be adopted by United Nations Security Council? Will not be a surprise!
Since it became a
self-proclaimed Islamic state? Where do you libertardian sovereign citizens stand on such matters?
LOL
Dollar cultists and ISIL supporters in united front against... what?
I do not support ISIL any more than I support Somalia or Canada. Just answering your question.
The question here isn't whether it is more. The question here is why isn't your support less.
Not sure. What does my support of ISIL -- total, middling, or nonexistent -- have to do with ISIL being/not being a
self-proclaimed Islamic state?
You just seem really bitter, bro. Did you expect the bubble to keep growing forever, and invest more than you could afford to lose?
funny thing is- ISIS probably used USD the most of any currency
18.
Post 13001061 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.34h):
... You better hope there are enough people like me left.
I do, I do! With all the mud people getting them fancy degrees and wantin' high-payin' jobs, who else is gonna be left to dig my ditches and run that fryer at Mc. D's?
So basically you are just as racist as anyone else...
19.
Post 13005051 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.34h):
slooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo oow day
again
20.
Post 13006424 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.34h):
slooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo oow day
again
Your brother stopped by

...

is that your brother from another mother?
21.
Post 13006504 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.34h):

ahh, got it - funny, never saw the pic
22.
Post 13008023 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.34h):
What the fuck are 'supermodel genes'? So you think the white kid is pretty and the other isn't. That is totally subjective.
Contrary to what fat pride and other whacko groups try to claim, "beauty" is not even close to entirely subjective. Symmetry and attributes that define health are obvious objective standards of looks, probably plenty more exist. I hate to break it to you, but the world in general will unanimously agree which child received the supermodel genes and which didn't.
Since the Caucasian genes are recessive, this is how it turns out nearly every single time in these kinds of offspring, the child looks nothing like the white parent. From a strict biological and natural selection point of view, the purpose of reproduction is solely to spread your genes into the future. In the scenario above, what she has done is basically pass on her genes as non-influential junk DNA, while the African genes determined almost the entire outcome of the child where it doesn't resemble one of the parents at all.
Of course there will be tons of Marxists coming along to claim that mentioning African genes are dominant and Caucasian and Asian genes are recessive is "da raycism", because it doesn't take a genius to figure out that whatever genes compromise the recessive groups would basically be made extinct by full integration between all groups. This infuriates the common Marxist because it blows the lid off their fake narrative where those groups of people tend to constantly push for things like conservation of variety in animal species, yet they would be pushing for the exact opposite in this case, the extinction of the recessive groups on purpose.
Bottom line: Klum is still totally bangable.
and her daughter may well wind up even hotter than her when she grows up
23.
Post 13008225 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.34h):
hey - off topic (but what isn't these days) but is this true?
Bibles are forbidden anywhere inside Saudi Arabia, the "offence" being punishable by death.
24.
Post 13070737 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.35h):
Made front page of foxnews.com
25.
Post 13070908 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.35h):
Uptick
26.
Post 13071151 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.35h):
I heard Isis was funding ops with dogecoin

27.
Post 13121948 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.35h):
falling knife action
28.
Post 13195045 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.36h):
GBTC bid for 270 Bitcon equivalent at $60 per share ($600) underying implied
http://www.otcmarkets.com/stock/GBTC/quote
29.
Post 13195071 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.36h):
getting tempting to hit the GBTC ARB at 50% premium
30.
Post 13987150 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.45h):
Confuciuos say haters going to hate
and short term thinking for short dick
going higher long term
31.
Post 14609723 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.49h):
it is not at an all time high
32.
Post 14609755 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.49h):
That's still a thing? I haven't heard much about it for a long, long time. I wonder how many people actually own any.
I do own some
33.
Post 14800154 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.50h):
34.
Post 14800672 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.50h):
you know, I'm starting to come to terms with the social proposals various candidates are throwing out there. It seems the U.S. will be fucked anyway, so why not get medical care, college, other stuff as an entitlement?
If you don't like taxes, then you don't have to work - let someone else pay your bill - or double all salaries and tax at 50% who the fuck knows
I don't have any answers either
35.
Post 14869097 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.50h):
seeing a downtick - GBTC telegraphing a move down
36.
Post 15082866 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.52h):
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!
logic does indeed apply.
You mentioned how little bitcoins is available on current exchange..
once you consider how little bitcoins is available to be mined as new issuance moving forward, then the logic of accumulation at the current price makes perfect sense
in other news, can you guys please crash this thing already. As low as possible for as long as possible
I do consider this assertion regarding fewer and fewer coins on the exchanges to be a significant point.
And, I am not sure about how such a fact were to play out, if it were true.
Yeah, one scenario is as described, fewer coins available on the exchanges causes the price to go up because there is an insufficient number of coins on the exchanges.
Actually, as I think through the scenario, this claim of not enough coins on the exchanges merely boils down to fewer people wanting to sell their coins because they are expecting them to appreciate in value in the very near term future.
The fact of the matter remains that bitcoins are very easy to transfer onto the exchanges and to transfer onto exchanges quickly, and the only question remains whether any person potentially willing to sell coins already has an account on such an exchange.
On the contrary, the more difficult logistics involves fiat, and even though there are more and more ways to buy bitcoins, there are still considerable problems in moving fiat onto exchanges in any kind of rapid manner... so in the end, I still conclude logically it makes more sense that the disparate abilities to rapidly move fiat as compared with bitcoins causes more ability for rapid downward price action, rather than rapid upward price action (mostly upward price action has to have some premeditation coupled with the fact that coin HODLers are less and less inclined to sell under current market conditions)
you are right about easier to sell than to buy with fiat currency (to get it on the exchange)
But don't discount the demand created by services like Coinbase where you can buy with debit card (smaller amount) or with linked bank account for delivery in a few business days - this has an effect on demand
37.
Post 15270653 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.53h):
5% dump in minutes
38.
Post 15353226 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_14.54h):
C'MON BRO - not everything is about money - except for whores
39.
Post 18001665 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.04h):
means dicks got to get fatter - women are going to have huge vagina's in order to give birth to a head like that
40.
Post 18029964 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.04h):
I don't care if ETF gets approved or not, just dollar cost average in no matter what.
I gotta think 2,000$ is going to be huge resistance - seems everyone is targeting to sell some around then
41.
Post 18135270 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
already got your 5 % move

42.
Post 18135357 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
large buy and sell to test market reaction?
43.
Post 18135433 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
That was crazy!
$1800 by the end of the day?
or 200 $?
get ready for action!!
44.
Post 18135944 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
is it even possible it hasn't been decided yet? that they still need to take a vote?
45.
Post 18136647 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
gotta think Winklevoss is handling initial demand for shares with their own BTC
I forget, did it say in the filing the initial amount of shares?
46.
Post 18137540 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
GBTC premium just spiked down
47.
Post 18137991 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
Coindesk twitter says SEC confirmed with them that decision will be announced today fwiw
48.
Post 18138302 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
The thing is if it gets approved, none of us are selling. if it gets rejected are you selling?
market will temporarily drop but then proceed with going up. Japan will have an ETF i assume soon as they aceept it as a form of payment now.
as always, I will sell if my price is hit and buy if it drops
49.
Post 18138387 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
"I will say that, for people that are emailing in, we have nothing to say about bitcoin, so please stop asking. I don't know what that means, but that's what I've been told to say."
[/quote]
BTC this statement will go down in Bitcoin lore if it gets approved today
BTC
50.
Post 18138473 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
anyone actually going to buy into this ETF if it passes?
I'll probably use it for a 'more secure' trading vehicle
51.
Post 18139075 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
maybe they are waiting until after 4pm because decision will impact GBTC
or, they don't know how long the piece of string is
52.
Post 18139336 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
Complicated question... but what are you guys thinking will be the ETF yes/no impact on e.g. Ether? Will there be any?
probably close to flat ETH/USD wise
53.
Post 18139937 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
and now time for the crop forecast
54.
Post 18140112 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
bounce
55.
Post 18140186 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
got some at 1k
56.
Post 18158925 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
Trapped all you guys waiting to buy the dip good!!
Ingenious!!
I guess 1300$ will be the new bottom. 
it will be most likely
I think a lot of folks were waiting for ETF news to buy, now they need to buy without ETF
I bought some on the dip, but have more dry powder to buy more if it dips again
57.
Post 18160123 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
damn, need another dip to buy more
58.
Post 18162862 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
i'm feeling bearish again... ( selling coins will do that to you )
delusional bulls are done chasing their magical unicorn.
time for reality to set in, NO ETF == billions are not going to pour into bitcoin, NO ETF == No reason to hodl.
or, no ETF until prices are much higher...which means you want to buy now (or well before) there will ever be an ETF
59.
Post 18187292 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.05h):
who knows something?
even with all the Hard Fork FUD, price creeps up
60.
Post 18357555 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.07h):
there was a tweet today saying that there will be a fork of Bitcoin and that all Bitcoin holders will get tokens on the fork...
the tweet also said that they will attempt to claim the XBC symbol from the long dead BitcoinPlus...
I don't really follow it, but maybe that's why XBC is up so much today - though it is BS, I think lol
anyway, ho does it work - it this fork does occur, how do we claim our tokens on it?
`
61.
Post 18357667 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.07h):
there was a tweet today saying that there will be a fork of Bitcoin and that all Bitcoin holders will get tokens on the fork...
the tweet also said that they will attempt to claim the XBC symbol from the long dead BitcoinPlus...
I don't really follow it, but maybe that's why XBC is up so much today - though it is BS, I think lol
anyway, ho does it work - it this fork does occur, how do we claim our tokens on it?
`
it was a tweet by Bitcoin Classic to fork on 6/1/2017 and it is likely fake fwiw
62.
Post 18359042 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.07h):
it's definitely the day of the alt pump and dumps
BTC inching up nicely
63.
Post 18433468 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.07h):
more than a negligible chance that BTC pumps very soon
crazy stuff going on in the alts and folks are going to look at BTC dominance near 50% vs historical 80% plus and boom
64.
Post 18828125 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.08h):
am I the only one on the board who diversifies in Alts (large n small cap) while holding majority BTC? Seems the way to go as a buy and holder
my BTC dominance has gone from 80% to 60%, pretty much mirroring the actual BTC dominance
65.
Post 18828377 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.08h):
who bought GNO for 5000btc price? lol
a hacker I suppose .. with the stolen API key from a whale
they always paint the tape on polo - probably a few buck buy at that level just to get it printed
66.
Post 18828586 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.08h):
it will be time to sell some when the "mainstream" folk start actually acting on buying BTC on coinbase or ETF, etc. basically when they start talking about it and FOMO kicks in, take some off the table. (doesn't seem we are anywhere near there yet based on my anecdotal checks)
67.
Post 19050204 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.10h):
total mkt cap of crypto (available supply) will approach 100 bil $ soon imho
makes sense to be diversified in BTC and Alt - even if alts crash...how soon we forget that BTC crashes very hard as well
68.
Post 19050462 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.10h):
look, there are new hedge funds forming with big money to invest in crypto - they won't put it all in BTC, so diversification makes sense
I think the hedge funds will pump coins to high levels - but I know the hedgies short as well, so taking profits along the way will be prudent
69.
Post 19050563 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.10h):
look, there are new hedge funds forming with big money to invest in crypto - they won't put it all in BTC, so diversification makes sense
I think the hedge funds will pump coins to high levels - but I know the hedgies short as well, so taking profits along the way will be prudent
You're only proving the point that newbs have been duped by false "diversification", lol. Let's check back next year and see how that worked out, shall we?

let's do it
hopefully we will all be rich with either BTC appreciation, alt appreciation, and ideally both
70.
Post 19051021 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.10h):
anyone think the ETF has a chance this time for approval?
71.
Post 19051163 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_15.10h):
look, there are new hedge funds forming with big money to invest in crypto - they won't put it all in BTC, so diversification makes sense
I think the hedge funds will pump coins to high levels - but I know the hedgies short as well, so taking profits along the way will be prudent
You're only proving the point that newbs have been duped by false "diversification", lol. Let's check back next year and see how that worked out, shall we?

Depends when you're diversifying. If you're doing it now that the market has just rose a million times over, you're probably an idiot. If you diversified a month ago when the altcoins' caps were dramatically less, you were probably pretty clever.
Obviously if the Bitcoin price goes up dramatically in a year you'll be laughing at people who diversified even at the right time, but that wouldn't mean they were wrong to do so. The actual risk:reward ratio of keeping all your money in Bitcoin might have been terrible.
yeah, I mean if 25x to 50x baggers mean you have been duped, sign me up
72.
Post 47056652 (copy this link) (by GGALINff) (scraped on 2020-04-04_Sat_16.10h):
This place is turning into a shithole.
Time to move on i guess.
shithole it is
probably means close to btc bottom