All posts made by Jet Cash in Bitcointalk.org's Wall Observer thread



1. Post 38680624 (copy this link) (by Jet Cash) (scraped on 2020-04-04_Sat_15.56h):

You've got an interesting community going here, and there is some great info in some of the posts.

I looked in because I have to make a decision about Bitcoin again. Any Bitcoin i get stays in one of my wallets, and I won't consider 'spending' it for at least 3 years, so that isn't a problem. My problem is in deciding on the best time to withdraw some dollars as bitcoin. I have an account that picks up a few dollars from my Internet activities, and I can ask for this to be paid in Bitcoin. There is no charge for this, and there doesn't seem to be a spread involved in the price calculation, so it seems to be a pretty good way to collect coins. I have to decide when to withdraw though, and it can take up to 5 days to receive the payment in my wallet. I suspect this is because the payments are batched to reduce transaction fees, and they may wait for received payments to avoid having to purchase coins to make payments.

I want to withdraw at some time within the next month or two, so I have to try to predict the price movements during that period to optimise the acquisition price. The other difficulty is in trying to get a feel for short term volatility, as I have no control over the time that the coins are 'purchased' or valued. I like the system as it is, but I have a severe lack of knowledge to allow me to optimise my returns. It's particulrly difficult at the moment, because the arrest and imprisonment of Tommy Robinson in the UK is going to have some wide reaching political implications. My inclination is to watch events for a week, and claim my coins early next week. I base this on my uninformed opinion that Bitcoin has a little bit of a short term price drop arriving in the coming week.

Am I taking a sensible view of things?



2. Post 38892511 (copy this link) (by Jet Cash) (scraped on 2020-04-04_Sat_15.56h):

Quote from: jojo69 on May 29, 2018, 04:49:15 PM

no government does not sound like a shitty situation to me

We don't have a proper government in the UK, and the arrest and imprisonment of Tommy Robinson may become more significnt thn the Italian crisis. It's opening up a massive can of worms.



3. Post 38903230 (copy this link) (by Jet Cash) (scraped on 2020-04-04_Sat_15.56h):

Quote from: European Central Bank on May 29, 2018, 05:29:46 PM

as for that robinson guy, all he had to do was not jeopardise the trial he was jeopardising. he was given plenty of warning and was told what would happen if he did what he carried on doing. anyone else would've been jailed too. the far right can spin it all they want.

How did he jeopardise the trial? They had been convicted, and the court appearance was just for the sentencing. I'm sure the judge had already decided what to do. He was just reporting on the final stage of the trial, and he wasn't on court premises.