All posts made by bizz in Bitcointalk.org's Wall Observer thread
1.
Post 2659264 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.08h):
Is everyone just trying to catch the bottom?
yup
2.
Post 3536068 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.22h):
It's not about being "wealthier", it's about not being irrational: if the price is extremely volatile, we already reached the peak, and there is a down trend, why would you risk the chance to sell everything now and buy again on the bottom?
I'm expecting more >2000btc drops, are you not?
I bet more money is lost by people selling on a top and waiting for a dip, than buying on a top just before a crash.
3.
Post 3567882 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
To go after someone on a Japanese court, is less of a formidable task than doing the same thing on a Slovenian court.
Depends where you live. EU residents would rather go to Slovenian courts.
4.
Post 3575011 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
It worries me the talk of an impending crash is waning.
Don't worry - the higher it goes the faster and harder it will fall.
I don't care what the uber bulls think - this happened before and it will happen again, it's only a matter of when.
When? It will crash from $100k to more reasonable $40k. Happy waiting.
5.
Post 3575118 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
It worries me the talk of an impending crash is waning.
Don't worry - the higher it goes the faster and harder it will fall.
I don't care what the uber bulls think - this happened before and it will happen again, it's only a matter of when.
When? It will crash from $100k to more reasonable $40k. Happy waiting.
Aha - more crazy talk. This is more like it.
When people start talking about completely unrealistic expectations we know it's coming soon.
We all have different trading strategies. My definition of crazy is hoping for something that may never happen. Someone is probably still waiting for a dip below $20. Same as waiting for a crash below $200 or waiting for a price over $100k. Both are unrealistic crazy talk.
6.
Post 3575236 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
Under $200 is not in any way unrealistic. Don't underestimate the power of greed.
The people making it crash will be selling tens of thousands of Bitcoin and they will buy it all back (and a lot more) at much lower prices over an extended period of time.
OK you got me. What I meant: waiting for a $200, $300, $400 (or 20%,30%,50%) dip is unrealistic crazy talk if it never happens. And you don't know if it will ever happen. So therefore it's crazy. Trading is fun isn't it?
7.
Post 3575525 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
The price was below $200, what, 3 weeks ago? You compare the likelihood of that to the likelihood of $20?
No.
OK you got me. What I meant: waiting for a $200, $300, $400 (or 20%,30%,50%) dip is unrealistic crazy talk if it never happens. And you don't know if it will ever happen. So therefore it's crazy. Trading is fun isn't it?
8.
Post 3592186 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
Speaking of loaded, I see he spent his 40K coins... to this service Public Note: SR mixer. Send to xxxredactedxxx to have mixed and bounced back. 1.2% fee. 5-10 minutes..
No he didn't. That note is spam. (note is for tx below )
9.
Post 3594387 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy.
10.
Post 3594525 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.23h):
I can't take it anymore. The price is just too tempting. I'm selling all my coin as fast as I can. I may hate myself later but I feel like I have to do it.
Trading on feelings sounds like a good strategy.
lol I'm not trading back in, I'm moving the funds to real estate.
You mean the bubble the government is working really hard to keep from deflating even more?
I wouldn't be worried about them deflating. Everything will inflate anyway due to printing. I'd be worried about Cyprus style taxes coming everywhere.
11.
Post 3638561 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.25h):
Pretty volatile day I must say
12.
Post 3638730 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.25h):
Opinions?
An overrated squiggly line that has already on numerous occasions been discussed to death.
+1 Highly depends on time scale choice.
13.
Post 3737843 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.29h):
It was Breaking news on CNBC just moments after breaking $1k. They are watching tight
14.
Post 3862264 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.33h):
Dat weekend dip
15.
Post 3862761 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.33h):
Looks like a bot run amok, haha. I'm betting bad news + people running for the hills + people cashing out to buy lower + bots are going to make this a real headache. Can't help but chuckle. Well hopefully this will scare all the pussies away for awhile. The trolls wanted cheap coins, well here you go kids.
Sooooo .. this takes us back (price wise) to 11/18 or so. Not even a month ago. Heh.
+
16.
Post 3863092 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.33h):
I just want to see some kind of merge of order books across exchanges some day - btc will never be stable as it is.
Baby steps. Remember april? Gox?
17.
Post 3864261 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.34h):
So many bulls are going to get slaughtered
Bulls make money. Bears make money . Pigs get slaughtered.
18.
Post 4006301 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.40h):
So.... while we are burning are heads trying to pick a bottom Chinese exchanges are adding services:
https://796.com/news/detail/92.htmlUsers will be able to buy and sell Bitcoin at 796 Exchange from 14:00, December, 17th, 2013 (GMT +8) using US dollars. We would like to encourage as much participation in the new LTC/USD market as possible, so we will initially launch with zero trading fees. Users can deposit/withdraw through International Wire Transfer and OKPay. More deposit methods will be added soon. We’ve also added an internal transfer feature to better serve our users, especially those who have difficulty depositing USD. We’re working hard to provide Litecoiners all around the world with a stable, reliable and comfortable trading experience, as well as quick response customer service.
WTF?
19.
Post 4006408 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.40h):
796 is located in Hong Kong, which still has a great deal of autonomy.
Glad to hear. I always wondered is HK in the same boat as rest of China.
Am I the only one thinking this China news is actually no news at all. Regulators already said a week ago no to bitcoin acceptance in stores & will regulate exchanges. Carefully crafted FUD titles making people believe this is a complete ban while actually it's nothing more than what was said last week.
20.
Post 4006465 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.40h):
796 is located in Hong Kong, which still has a great deal of autonomy.
Glad to hear. I always wondered is HK in the same boat as rest of China.
Am I the only one thinking this China news is actually no news at all. Regulators already said a week ago no to bitcoin acceptance in stores & will regulate exchanges. Carefully crafted FUD titles making people believe this is a complete ban while actually it's nothing more than what was said last week.
chinese state TV (CCTV) just talked about bitcoin & chinese central bank
roughly translated:
* Bitcoin is virtual currency and legality has been classified
* Reports say Bank of China directed payment processors to stop doing business with Bitcoin businesses
* Personal holding and transfers still allowed
* People speculate this may be the end of rise of bitcoin
This was just on CCTV
Nothing more than what was said last week.
21.
Post 4006665 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.40h):
So.... while we are burning are heads trying to pick a bottom Chinese exchanges are adding services:
https://796.com/news/detail/92.htmlUsers will be able to buy and sell Bitcoin at 796 Exchange from 14:00, December, 17th, 2013 (GMT +8) using US dollars. We would like to encourage as much participation in the new LTC/USD market as possible, so we will initially launch with zero trading fees. Users can deposit/withdraw through International Wire Transfer and OKPay. More deposit methods will be added soon. We’ve also added an internal transfer feature to better serve our users, especially those who have difficulty depositing USD. We’re working hard to provide Litecoiners all around the world with a stable, reliable and comfortable trading experience, as well as quick response customer service.
WTF?
Well, naturally no? They are in Hong Kong, so they should have access to USD, makes sense if you ask me. I wouldn't be surprised if the other Chinese Exchanges move as well.
I have no idea how much autonomy they have left? Never been there & only watched some documentary about coming changes years ago.
22.
Post 4007639 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.40h):
I say yes it was FUD because there is nothing new only some cool FUD headlines
Chinese gov said last week it will do heavy exchange regulation & no accepted btc in stores. What did people expect? That the heavy regulation means Russian payment providers???
Of course that every Bitcoin bought will have to go through gov banks.
23.
Post 4010302 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.40h):
Yes but its not planned for implementation until 2016. That figure doesn't mean a whole lot, if it passes there's little to stop it being brought forward, but its a nice comfortable looking 'long way away' figure for the media.
Now that you mention it, in 2016 we will have bitcoin reward halving! Imagine what a bull bitcoin will be!
ALL ABOARD!!!! CHOOOO CHOOOO!!!Lol, yes, Cyprus 2 on a continental scale
I've been saying that to folks ever since that IMF paper came out. It's all small talk now. But once they decide to do it it will be BOOM flat tax - shaving 100k+ accounts over night. They will do it fast and quick (almost without warning - yet warnings are here today) so people wont be able to run.
24.
Post 4061621 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.44h):
An amazing song popped in my head (sorry):
It's Friday, Friday
Gotta get down on FridayEverybody's lookin' forward to the weekend, weekend
Friday, Friday
Gettin' down on Friday
Everybody's lookin' forward to the weekend
25.
Post 4061854 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_11.44h):
What I'd like to know is the influence of new people learning about bitcoin every day and buying in, as a factor with how many new bitcoins are mined every day, and how those affect the price's likelihood of climbing up overall. For example, is there a viral factor to this, which is impacted by good/bad press, and by how much?
Sometimes I use "bitcoin" as a key word in a Twitter search and it seems the number of tweets per 10 seconds is going up, with more progressive questioning overtaking Business Insider-type bashing. How much influence does that have on whether the price will indeed go up over time, and by how much?
https://blockchain.info/charts/my-wallet-n-users
26.
Post 4969624 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.03h):
My bets are there's plenty of cash on stamp now waiting for a dip. That's why you wont see stamp selling faster than gox anymore...
27.
Post 4970087 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.03h):
Can someone explain in short how bitfinex works, i mean leverage. What happens if you panic short with leverage before the rally, and dont have enough to cover the losses, what will happen then?
Margin Call.
28.
Post 5169850 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.10h):
f@ck me that was waited for so long
29.
Post 5170207 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.10h):
well, now we know there will be no time to buy any cheap coins once withdrawals work
30.
Post 5948814 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.30h):
Anyone that's been around bitcoin for a while has seen this before, investors are patiently sitting on the sidelines waiting for the bears to run out. Anything other than that would be a poor strategy as bitcoin has a good history of repeating patterns, check the end of the fall from the rise in April
EDIT: August 2012 is probably a little closer to the current situation, not much in the difference though.
When are these investors going to buy exactly? Maybe you noticed we have been going down for months.
And what sane person would buy big amounts of coins right now knowing that one fake tweet or rumous is enough for the sheep to panic sell everything they got and make Bitcoin drop 50 dollars in a few minutes. And since this is actually happening about once a week i really doubt any serious person would buy right.
They know that no amount of good news will make the price go up anymore. People will keep selling till it has become worthless if this stupidity continues.
An amazing idea ruined by traders and idiots.
Patiently sitting on the sidelines doesn't mean jumping into every dip & falling knife. It means months of waiting for an entry.
31.
Post 5983387 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.30h):
I wasn't looking at charts from more than 24h -- and I must say it is not so baaad
not very good ... but situation is under control IMO
It may soon get out of control if those long bfx margin calls start triggering.
32.
Post 5988218 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.30h):
Dump or Pump now?
PBOC loves to release news early monday UTC... I'd wait
33.
Post 5999589 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.31h):
Has anyones Bitstamp wire been credited yet? Noramlly in by now
when did u send?
Early Friday, but Ive often had deposits credited within a few hours...
My deposit (SEPA) from friday hasn't been credited yet either. But I've noticed that Bitstamp has become a bit slower with SEPA deposits recently unfortunately.
I have noticed that as well.
Time to give Kraken some love.
34.
Post 5999642 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.31h):
Time to give Kraken some love.
Are you trading there at the moment ?
What are your general thoughts and feelings?
Yes, since recently. Low volumes but growing slowly. Otherwise it's great. Lots of advanced order options.
35.
Post 6049719 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.32h):
Delusion is strong here (long and short).
36.
Post 6163986 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_12.35h):
Bottom will be when BFX turns bearish... 2:1
37.
Post 8715777 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.11h):
I can't see it holding these levels for long. We're going up or down soon.
38.
Post 8724907 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.11h):
Shorting EUR, GOLD & BTC. Buying USD & equities.
Seems like Bitcoin is following gold - just more violently.
39.
Post 8725148 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.11h):
We must be experiencing the lowest buying pressure ever.
The general public completely lost interest in Bitcoin.
I think we are at a point where it's safe to say Bitcoin failed.
If you can give me a good reason why suddenly many people will be interested again and will start buying then feel free to do so.
If you take a good look back when was the real first interest in Bitcoin it was on Cyprus banking crisis. Everything after that was speculative frenzy. Everything before that were geeks & silkroad.
I don't see Cyprus like crisis anytime soon (next 12 months). US will hold on printing while EU is just starting the print machine. Maybe if Putin goes nuts it can all change in one day.
40.
Post 8871043 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.13h):
Dump gold & dump btc on every opportunity. Trend is your friend these days.
41.
Post 8893818 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.14h):
So.. stocks & forex closed for a weekend. Get ready for gambl.. I mean traders to shoot their ammo on this volatile thing. I placed my short term bets on BTC & LTC going down some moar. And PPC up as a hedge. Lets see.
42.
Post 8947033 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.15h):
Expected more bounce from this news magnitude. Bad sign. Keeping shorts open. Maybe China pushes it. Also gold keeps going down - no interest in alternatives to fiat at this moment.
43.
Post 9028264 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.17h):
I've been told that for a US citizen it make some difference buying tomorrow instead of today, because of fiscal year. Is this true?
BTC is perfect for taxes every day because if you buy one today you'll have less value tomorrow so you wont have to pay taxes like ever.
44.
Post 9114850 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.21h):
Me thinks bubble will fully deflate. $100 - $150 Happened with lots of stocks in dot.com bubble and I find Bitcoin and dot.com bubbles similar.
45.
Post 9443411 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.29h):
Gold taking a hit today. Feels like someone is just waiting for right time to hit the sell button on Bitcoin.
46.
Post 9895997 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.40h):
Daily chart reality is still a strong downtrend and likely rallies are just another shorting opportunity.
47.
Post 9897954 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.40h):
Great. A 1500 ask wall to make sure we won't go up more.
Because that's what trading really means. Pushing the price down as much as possible. Because imagine your coins getting worth more. We can't have that.
If you want your money worth more in unlimited cycle of demand go join FED's S&P500 trading group and just buy that. It always goes up and if it starts falling they'll make sure to create more demand for you. Oh wait ... Wasn't Bitcoin created to fight that mentality of yours?
48.
Post 9957056 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.41h):
Coming from Russia I won't believe it until they have some real laws about that, not just words.
Personally I don't buy it, but here you have the news.
"Yes to bitcoin! Russian ministry says quasi-money ban may endanger banks, retailers"
http://rt.com/news/218019-bill-ban-bitcoin-russia/I did not see any "Yes to bitcoin" in the Minister's objections. He complains that "the proposed definition lacks precision", namely it would apply also to merchant points and the like, besides its intended targets. He did not call for the bill to be rejected, but wants the ban to be limited to other things. Guess whether bitcoin would be one of those other things.
Besides, the bill was requested by Putin Almighty, so it probably was motivated by security issues, not economic ones. In that case, bitcoin would surely be a target.
It seems hard to me to ignore that the Russian Bitcoin ban coincides with Russia's Ukraine intervention. Seeing as they were apparently analyzing the economic ramifications of military intervention, closing off venues for cashflow out of the country seems logical. Russia hasn't put capital controls in place yet, but I'd be surprised if they didn't have plans for such, if things deteriorate beyond their ability to reasonably prop the rouble up.
While keeping my tinfoil hat on, I'd say the next rally will be triggered by some big (bigger than Cyprus) country in desperation. Maybe it's close, maybe it's far far away; but believe me the next bank run won't be easy to handle.
/tinfoil hat off.
Sure. But we are years from that. Look at Russia few days ago. No one will run to banks or bitcoin or even gold. They will run to stores for iPhones & TVs...
49.
Post 9972557 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.41h):
Meanwhile Epic Battle or Fake volume on Huobi 
I hear you.
yesterday I was wathing closely that small bull run that started in china. when the 500 coin wall at stamp was eaten the run in china was over.
I think china exchanges are completely rigged and worthless.
Welcome to the world of bots & HFT. Humans will be deprecated.
Seriously. Bots and even fake volumes are not a problem. There is no demand and price will slide and crash anyway.
50.
Post 10023203 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.42h):
Would each confirmation take hours?
Only until the next difficulty adjustment.
In 2011, Namecoin was driven up by high hashrate and pretty much abandoned. This caused blocks to take hours and retargets to take months. This is what sparked merged mining because if it wasn't for that, Namecoin would have been a complete failure. There is nothing higher hashrate to merge Bitcoin with. If an ASIC exodus were to happen, it may ruin Bitcoin.
This is what worries me the most about Bitcoin. This scenario is getting closer every day.
51.
Post 10046687 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.44h):
How will the miners dump there bitcoins now?
if(stamp == gox) sendto(China);
52.
Post 10051246 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.44h):
Stupid stupid stupid to keep over 10% online. When you're a high profile target it's better to process manually and keep users happy. Why does every crypto business has to be so retarded?
53.
Post 10051453 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.44h):
So it was true, still not a huge blow.
Nejc handled it well. Hope they learn something out of it.
Mind providing the source from where the statement initially came from?
Stan Higgins @Coindesk
Weird silence from stamp. Statement to journalist speaks to me they were pressed for answers.
54.
Post 10058155 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.44h):
Someone has stolen some bitcoins from someone else!
This makes bitcoins worth less how exactly?
Somehow I don't think hackers responsible for a hack on large bitcoin service care so much about bitcoin that they would not dump on first opportunity regardless of price. Or they may sell it at big discount and then the buyer would dump.
But what hurts the most is image of Bitcoin to outsiders. You have to be really crazy and suicidal guy on wallstreet to put any serious money into something that's being robbed to oblivion on a yearly basis.
55.
Post 10079952 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
I guess people with BTC tied in stamp will also do some hedging
56.
Post 10080562 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
So do you think bitstamp is coming back?? I have most money there
They said they will 'honor' peoples money. I'm not 100% sure what that means.
57.
Post 10080672 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
so your opinion here is we got bitstamped??
Nope. I think they'll cover everything. I'm not sure about their long term future though. Unless they sell the business to someone trustworthy (too big to fail).
58.
Post 10089731 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
When will diff change? I expect blocks will slowdown on this change.
59.
Post 10092282 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
Maybe it´s time to buy copper at a 5 1/2 year low.
I guess it´s cheaper than cabbage now.
you'll likely buy from me... king USD is here ... everyone will print to max but US. Combine that with oil fallout = all commodities are fucked. I also wildly speculate strong USD will fuck up equities too. Congrats to FED. Job well done... financial meltdown in 3 ... 2... 1... (pick your timeframe)
So: there there Bitcoin you're not alone in your hole.
60.
Post 10101025 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
61.
Post 10101189 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
is litecoin gone?
Litecoin is a step ahead of Bitcoin... bubble fully deflating. Time for a crypto reset me thinks. Let's see... (I kinda hope I'm wrong sometimes computers don't boot after a reset)
62.
Post 10101246 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
I think short-selling will never end. It's a powerful negative feedback loop. Bitcoiners are killing Bitcoin
Sometime countries ban short selling in downtrends. Funny things happen then. Index goes up for a short time only to crash even more later because no one is there to buy(cover) anymore.
63.
Post 10101326 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
I think short-selling will never end. It's a powerful negative feedback loop. Bitcoiners are killing Bitcoin
Sometime countries ban short selling in downtrends. Funny things happen then. Index goes up for a short time only to crash even more later because no one is there to buy(cover) anymore.
That sounds kind of pro-short selling. If I get your point
It is. For various reasons. Liquidity being the most important.
64.
Post 10101388 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.45h):
I think
short-selling will never end. It's a powerful negative feedback loop. Bitcoiners are killing Bitcoin
Unless you're talking about
naked short selling (which can only be done to the extent that people leave their coins on the exchanges) I'm not with you:
a bottom will be found somewhere.
Reasoning: at 0.001 USD/BTC I will buy all offered coins and transfer them to my cold storage. Probably before that price is reached others will act similarly. No BTC swaps can be legitimately offered then and hence no short-selling can occur.
Also: If there was no short selling some miners would not be in business at all as they could not hedge. Some traders would not trade at all for last 12 months, meaning less liquidity meaning no big player would ever even look at Bitcoin. Some exchanges would already be broke, this forum would have no trolls ... who wants that kind of life?
65.
Post 10124262 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.46h):
CEX.IO Temporarily Suspends Cloud Mining Services
http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.
66.
Post 10124310 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.46h):
CEX.IO Temporarily Suspends Cloud Mining Services
http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.
DOOM
If other miners pull the plug at diff change. Move coins while you can.
67.
Post 10131882 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.46h):
Upnext: Hashrate drops, cold storage coins come to play... Drama.
68.
Post 10132807 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.46h):
Wait till finally some blocks come through...
69.
Post 10138300 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.47h):
Wait for a large block. Dump before poor people can get their coins confirmed. Rinse and repeat. Money 2.0
70.
Post 10150911 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.48h):
Just like with $300, for lots of people sub $200 is their uncle point and will prepare to sell. What we've seen today so far are stops being triggered and maybe margin call stop outs. I don't think big % of cold storage coins even moved yet. Dunno. Will see. Just talking my book here...
71.
Post 10184176 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.50h):
I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.
Oil, EURO, CHF ... big moves. It's like a domino.
72.
Post 10184209 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.50h):
I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.
Oil, EURO, CHF ... big moves. It's like a domino.
Because if we go down first we will magically go up after.
1 of the many Bitcoin myths.
Like I said there's no place to hide. If BTC continues down it is always possible it will never recover or something will replace it.
73.
Post 10184266 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.50h):
The question is whether BTC will suffer from the deflation tendencies in the markets (on top of the current bear market that needs more time to resolve). I think the effect is limited, primarily because BTC is not an investment class (yet) but a gimmick for enthusiasts and speculators.
Well BTC is inflationary (10% I think?) in a deflationary environment. It has no chance right now.
74.
Post 10241860 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.52h):
Looks like everyone is long.
75.
Post 10268672 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.53h):
ARE YOU HAPPY?
You made somebody lose 5770 BTC in a margin call because he went long when you screamed "last chance to buy!"!!!
In liquidations at OKcoin:
OKCoin Margin Call
2015-01-26 23:39:23 Close Long $270.50 15608Cont≈฿5770.0555
Where did you get that okcoin info?
You need to have an account.
You go to the "Trade" page, you go to "Liquidation", you click "Last 7 Days: Filled" and you have all the margin calls of all users.
If I read that correctly that's just a number of coins sold. Not actual loss.
76.
Post 10278491 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_13.53h):
I'm no longer bearish. I don't really wanna fight with NYSE's investments.
77.
Post 11756912 (copy this link) (by bizz) (scraped on 2020-04-04_Sat_14.19h):
how can greeks buy bitcoin if there banking services are halted?
Yup. Too late for Greeks. But others see this & they will think why not buy a few. Just in case.
