All posts made by Shermo in Bitcointalk.org's Wall Observer thread
1.
Post 3621128 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.24h):
Did anyone see the cookie monster picture on bitcoinity when the price hit $600? Nearly choked on my breakfast when I saw that!
I am moving my stash to a paper wallet and locking it away in my fire safe and hiding the key somewhere awkward for me to get to and then sitting on my hands, I think the next few months are going to be crazy and the best thing to do whilst it shoots up and possibly tumbles back down a few times is to just sit tight and hold! I've already sold too many and now I just need to hold tight with what I have left.
2.
Post 3621223 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.24h):
Yes. The selling was according to my divestation plan, but the timing was unforgivingly bad. Following the plan with clear head and analysis, I would probably be selling right now. Instead I sold way too early (in monetary terms, even though it's only a few months) and therefore don't have a new house for Christmas
Join the club mate, I sold about 50% earlier this month to get back my initial investment of £££ and so I wasn't full in BTC as it was getting too scary. If I'd only waited a bit long I could have sold 25% instead, but thats life eh?
3.
Post 3621345 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.24h):
China just dropped to 3600, still even if we have a huge 50% crash to $300, we are still up this month. People think too short term I think.
4.
Post 3626147 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.24h):
That was scary...Gox stuck at $666...
Bitcoin is the devil?
5.
Post 3626155 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.24h):
Also, kinda disapointed that bitcoinity didn't start playing "Number of the Beast" by Iron Maiden when it hit $666
6.
Post 3753663 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.30h):
Gotta be time for a bit of a correction on MtGox, its steaming away from BitStamp
7.
Post 3765062 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.30h):
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.
I think we need to move to mBTC before folk begin to understand this.
A guy at my work didn't understand this either and he's a programmer like me. He assumed that they could only be moved in whole units and didn't understand how that would work if its a currency. When I explained it can be divided to 8dp, and that could be changed in the future he was like "ahhhhhhh that makes a lot more sense"
8.
Post 3832546 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.32h):
I love how people make these huge knee jerk reactions and sell off huge amounts rather than being a bit more smart about things. Massive selling on Gox and Stamp right now, no doubt it will recover again within a day or so and just makes everyone and Bitcoin look stupid.
9.
Post 3832583 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.32h):
Bitstamp under $1000 now. Lame
10.
Post 3832651 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.32h):
I don't even understand why this is taken as bad news, its just neutral. Banks can't trade in bitcoins or take out insurance against them, hardly surprising. Individuals can do what they want but they accept the risk.
This is no change to how the rest of the world is working with Bitcoins. I'm surprised if any Chinese banks have invested in Bitcoins heavily anyway.
11.
Post 3945798 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_11.37h):
I believe the media is necessary to drive up the price, and the media appears to be getting tired of doing Bitcoin stories. We need a new ATH or some big corporate endorsement in order to reinvigorate the positive reporting.
My prediction is if we don't get a good rally up to $1050+ today and a new all time high early next week we're more likely than not to be in a bear market by the end of next week.
I think I'd be happy with it hovering around $1000 for the next month or so over Christmas / New Year with a new rally starting in later January. Lets be honest its been a great year for Bitcoin and the price of it, getting greedy and wanting another run around the festive period is asking for trouble as so many people have other commitments around this time that it will be hard to react to things.
12.
Post 19181276 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_15.10h):
This moon rocket is making me crazy, in the last 30 days my Bitcoin stash has increased by about the same as 9 months salary... and I have a pretty decent salary!
13.
Post 19181649 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_15.10h):
here are days that i make more on btc than with my two retailshops and 5 employees in a year. i have a hard time to stay motivated. it is obscene i fear. then i remember all the hard times when btc cratered and everyone shook their heads and i felt like an idiot. it was not easy money, i can say this.
Indeed! The number of times over the years my family have told me to cash out at £300, £500 etc etc and it's risen and fell... Stressful times, but hodling takes guts!
We will have a big correction soon, but I will hodl and it will recover and one day I'll retire and live just using Bitcoin, maybe in Japan
14.
Post 35218709 (copy this link) (by Shermo) (scraped on 2020-04-04_Sat_15.53h):
I love Bitcoin, every time I sell some the price shoots up a few weeks later