All posts made by mccoyspace in Bitcointalk.org's Wall Observer thread
1.
Post 3084666 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.15h):
following up on the ebay talk from some earlier posts.
This past May as part of my day job I had diner with one of PayPal's Chief Architects (there are several titled that way, I won't identify him further.) I asked him what PayPal thinks of bitcoin. He said that he loved the technology, that PayPal was following it closely and that they are interested in figuring out how to integrate it into their platform. There was a group of us at the table and the conversation went another way and i didn't really follow it up.
But based on my conversation with the guy from PayPal I think the call from ebay could be real. Integration could be some time off, or never, who knows.....
2.
Post 3364024 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.17h):
interest rates to borrow usd are sky high just now on bitfinex.
300%!!
wha? you can short USD?
you lend your USD to traders at wtv % interest you want.
no one is lending right now... thats why its 300% interest, i guess its because the bulls exhausted the USD, everyone is long.
I locked in 20k for 60 days at 36% just a day and a half ago at bitfinex.
It's costing me $19/day to hold 139 btc for the next 2 months.
Awesome platform.
3.
Post 3364179 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.17h):
interest rates to borrow usd are sky high just now on bitfinex.
300%!!
wha? you can short USD?
you lend your USD to traders at wtv % interest you want.
no one is lending right now... thats why its 300% interest, i guess its because the bulls exhausted the USD, everyone is long.
i would be happy to lend $ at that rate...
Loans at those rates don't last long. At best you might get a day or two
4.
Post 3364264 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.17h):
interest rates to borrow usd are sky high just now on bitfinex.
300%!!
wha? you can short USD?
you lend your USD to traders at wtv % interest you want.
no one is lending right now... thats why its 300% interest, i guess its because the bulls exhausted the USD, everyone is long.
i would be happy to lend $ at that rate...
Loans at those rates don't last long. At best you might get a day or two
you mean poeple actually take the loan
I don't! But somebody who thinks the price is going up 1% a day does.
5.
Post 3384890 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
1300 cny any second now.....
6.
Post 3385025 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
BTCCHINA is at 215 USD/BTC now! Gox at 198, Bitstamp at 188.
It's like falling into a black hole, the head just accelerates faster and faster compared to the rest of the body.....
7.
Post 3385058 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
CNY has gone up almost 2% in just the last 60 minutes or so.
it's like watching an odometer on a road trip.
8.
Post 3396388 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all.
If CBX went to $500 I'd move coins there and sell them, move fiat to my bank, then wire it back to bitfinex.
Hell, at that price you could just buy the coins thru localbitcoins.
9.
Post 3397879 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
what the hell is going on at Gox? the green is just scrolling by.
10.
Post 3398120 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
11.
Post 3398146 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
They have a lot of worth on loan over there:
1.75 million usd
2k btc
15k ltc
2.2 mill USD equivalent on loan
https://bitfinex.com/pages/stats
12.
Post 3398349 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.18h):
ding ding ding 229
13.
Post 3620767 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.24h):
Its time to sell all?? its going to correct down? or it going for 700??? Cant sleep...
Depends on so many factors. I think, first of all, you decide whether you have already had your maximum number of bitcoins or are still accumulating.
If accumulating, buy all the time and especially on dips. Now is not a 'dip', but it still qualifies for 'all the time'.
If divesting, sell on peaks. If you are sitting on good gains, it might be good to start selling already. Sell a total of 20% in this peak that we will be having soon.
Whether it is a peak or a dip, construct a
rising exponential trendline and follow it.
Do not swing-trade or daytrade unless you know. I don't know any successful bitcoiners who daytrade.
Im still accumulating, but trying to sell on peaks to buy later cheaper, ive sold almost all at 400 but finally bought again at 500 and now i dont really know what to do, im a beginner... looks like it going up to maybe 1k i dont want to lose the train lol, neither the crash explode on my face ;-)
It is easy to panic when the price drops. But assuming you aren't using borrowed money and you don't need your cash back out for a little bit, resist the urge to sell.
Just wait it out. Nothing about the long-term advantages of bitcoin will have changed.
14.
Post 3851940 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.32h):
Timber!
15.
Post 3851970 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.32h):
Looks like it was a dead cat bounce after all.
16.
Post 3924985 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_11.36h):
I now have 0.644 more coins than I did an hour ago.
17.
Post 4990534 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_12.03h):
ooooh, just hit 666 on stamp! now we're really going to hell.
18.
Post 5060964 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_12.06h):
I am providing some USD loans on finex. I was surprised to see that they were still there after the flash crash. Not liquidated and not closed out because they are so under water. I guess I'm glad the exchange dropped their max leverage to 2.5.
19.
Post 8896356 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_13.14h):
stamps inching closer to that 1.1K BTC wall @390
ove half gone
20.
Post 8896407 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_13.14h):
the price was driven down hard and quick right before newegg... paypal is ten times that ....ITS A SET UP. thats the anouncment....
sorry, my bad. retracted.....
21.
Post 9085782 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_13.19h):
Well it was an interesting ride--learned a lot, and hopefully spared from future speculations that would have gone bad.
Will still have my eye on BTC, but full fiat now.
--2011, the year I learned about BTC
--2014, the year I bought and mined BTC, but obsessed about it, lost money, etc.
Perspective is a funny thing.
you waited a year too long.
22.
Post 9095288 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_13.20h):
That 30K wall is Draper cutting his losses.
23.
Post 9099430 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_13.20h):
FYI, buy price on Circle is $302.16 ATM
24.
Post 10132823 (copy this link) (by mccoyspace) (scraped on 2020-04-04_Sat_13.46h):
Wait. I thought Bitcoin never went below the previous bubbles high....