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



1. Post 34173911 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.51h):

Quote from: El duderino_ on April 07, 2018, 04:43:11 PM
very quick short list  for a small "game list" or how i have to call it..... only  when breaking 12288 dollar price.....

May 5, 2018.



2. Post 34476592 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.52h):

Quote from: Hueristic on April 11, 2018, 04:22:23 PM
all drugs are good mkay
sometimes in moderation and sometimes fun with no moderation. fuck it enjoy life

Try anything once, twice if you like it. Smiley

What if you like it so much that you would wanna keep on trying it for the rest of your life even if it may have a high chance of fucking it up?



3. Post 37117142 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.55h):

Quote from: Torque on May 13, 2018, 01:11:28 AM

With a +7-10% buy premium, people will never use them though.

This is not true.  People will use them for the novelty of owning bitcoin, or for buying very small amounts.  Or because they don't have a better way to do it.

But I agree with the spirit of your post.  Until these things begin to become competitive they will stay in the general realm of being a novelty.

TBH I'm not sure what these Bitcoin ATM operators are thinking with having those premiums so high. I assume it's an attempt to recoup the cost of the ATM itself maybe? But they would do well to get those buy premiums down to at least 2-3%, otherwise people will just jump online to do it.

Fees may not be the only deciding factor here, some people are prepared to pay these fees, why would they? one may ask. Maybe they are looking for something tangible as a first experience in buying Bitcoin and they don't necessarily exchange big money so in the end the fee is not that high. Moreover, people may be more familiar with ATMs (as they use them to get fiat) and they deliver immediately, no need to wait for your wire transfer, you walk in with fiat and walk out with Bitcoin and vice-versa. I don't know if ATMs need some kind of verification, yet if they do, it is probably a bit more private than when you use your bank account, scan your passport and make a selfie to be able to exchange ... Also, ATMs may be the only way in some countries to get Bitcoin. It all comes down to how much one values these things and how fast they need to do the exchange I think.
Maybe someone who already used (still uses) Bitcoin ATMs can share their experience?



4. Post 37128348 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.55h):

Quote from: JayJuanGee on May 13, 2018, 11:02:26 AM
yep...I see it going sideways at best for till the end of the year...my view is that mt. gox has to wrap up the liquidation from the trustee's point of view (for them to get paid

and done with the liquidation) by the end of this year....is my guess ....thus 1.9 Billion BTC to USD in the next 8 months that 'pig' has to be digested by the Bitcoin Python

can it be done, don't know...but if it can be and the price goes sideways..that is my best case...at the way mt. gox trustee always panic sells on exchanges directly and kills his

own price point, by the mass of BTC he moves, and always selling on the low/drop in price (panic sells)...BTC IMHO could go as low as 3k IMHO...

NOW IF ...the mt. gox trustees sold outside of exchanges (most likely the folk would hold) and stated they are going to move so much coin in increments on a time frame

till the end of the year at best manner possible...then perhaps..it would not matter and the price could go up...but with the cluelessness or just plain spite these 'banker connected' lawyers

liquidating mt gox have taken...I sometimes wonder if they are not making  this a 'train wreck' just so when they go back to representing the Japanese banks they can show

they f*cked the BTC ecosystem as much as legally possible on this liquidation...

For a long time bitcoiner, you surely do seem to have a decent ability to buy into a lot of the mainstream media FUD regarding one factor that is supposedly keeping BTC prices down.   Sounds like a lot of nonsense to me, because surely the GOX trustee does not have enough coins to meaningfully effect overall BTC markets - more or less a blip on the radar screen in the overall scheme of things. 

On the other hand, bitcoin does remain in a price correction situation, so yes, there is a certain amount of upwards momentum that is needed to break back into the 5 digits and to get the price momentum moving up, rather than either sideways or down.

There is no doubt news are used to spread FUD for the benefit of those who want cheap Bitcoin. However the trustee does have a sizable amount of Bitcoins, he surely can wreak havoc on the market (at some extent). Here is a website that tracks what is supposed to be Mtgox addresses: https://www.cryptoground.com/mtgox-cold-wallet-monitor. You can also take a look at the trustee's report detailing his sales: https://www.mtgox.com/img/pdf/20180307_report.pdf. You can even try to find a correlation between what he sold and Bitcoin's price movement since its ATH.
Anyway, I think it's important to be aware of these kinda things without necessarily leaving in fear, uncertainty and doubt.



5. Post 37463679 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.55h):

Quote from: Speculatoross on May 16, 2018, 01:24:24 PM
MTGox address moving ~13000 BTC today
https://blockchain.info/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe

So, what we see is that https://bitinfocharts.com/bitcoin/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe a Binance wallet address has received 13700+ BTC from https://bitinfocharts.com/bitcoin/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s also a Binance wallet address. These are displayed in https://blockchain.info/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe as 6 transactions of 2000 BTC plus 1 transaction of 1700+ BTC. How do you know where these 13700+ BTC come from (before landing on the Binance address 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s)? Or is it obvious and I'm just missing something? Thx.



6. Post 38416357 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.56h):

Quote from: infofront on May 24, 2018, 03:19:21 PM
So, when moon?

https://www.timeanddate.com/moon/phases



7. Post 38607134 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.56h):

Quote from: becoin on May 26, 2018, 08:51:13 AM

It wasn't only the drop. The original rise was also due to "price manipulation" in the first place.

Yep, works both ways.

No. It isn't.

SEC didn't launch price manipulation probe when price dropped from 19K to 6K. SEC launched price manipulation probe just recently when it is obvious sell pressure is rapidly fading away!

Can you please explain why the SEC launching a Bitcoin price manipulation probe now, would invalidate a pre-futures listing price manipulation hypothesis and then a post-listing one?
What I understand from what you are saying is that if the price was manipulated before, then the SEC would have launched a probe at that time and not just now. Is that it? And if so, why would you think that? I mean, do we (commoners) even know what the SEC is doing, why they are doing it and how they decide when to do it?

Quote from: qwizzie on May 26, 2018, 09:13:50 AM
I think when you have a unregulated market where the price is going up rapidly from 6K to 19K, there is bound to be some price manipulation going on there as well from big whales / investors behind the scene. 

+1



8. Post 40643420 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.59h):

Quote from: Ibian on June 21, 2018, 07:19:00 PM
.... If we are very lucky it will be a new crusade against Islam. ...

Funny how you make it sound like we actually all think that a crusade is a good thing and Islam is a bad thing (as far as my interpretation of being lucky is concerned) Smiley.



9. Post 41133345 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_15.59h):

Quote from: Searing on June 29, 2018, 05:57:57 AM
By the way ...does anyone think that Jihan Wu of Bitmain has the will or the balls to do a 51% attack on BTC? This being 1) his ego and 2) his efforts in BCH.

here is the link

https://cryptobriefing.com/bitmain-51-attack-bitcoin-network/

Short answer: No

Long answer:
It somehow still baffles me how some people always expect the worse and get ahead of themselves and events with what-ifs.

I can probably safely assume that the hashrate of these pools is not restricted to Jihan Wu's faithful soldiers, so even if Jihan intended to do a 51% attack, I assume that other miners would leave the pools to prevent that, unless all of them are on board with the attack, which seems quite hard to imagine.

Why would he do that and kill his business and his reputation? Does anyone here think that if a 51% attack is done on the Bitcoin network any other crypto would survive? That'll probably be the end of an industry that I believe could be worth trillions in the not-so-far future.

In my opinion, This is just another pseudo-journalism salary-justifying FUD-spreading article.

As usual, this is just my opinion and I'll be happy to hear different thoughts.



10. Post 42362900 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.01h):

Quote from: Ibian on July 17, 2018, 03:56:54 PM

If it's wrong to choose the smiling girl over scowlface, then I don't want to be right.

Sometimes people choose a shitty ass meme to get their point across.

scowlface is clearly making that face cuz her supposed boyfriend is looking at the smiling girl. Under other circumstances scowlface would surely not be scowlface ... The guy isn't looking at the smiling girl cuz she's smiling (he can't see that by the way), neither is he ignoring scowlface cuz she is scowling.

Having said that, I do agree that the meme is, at some extent, not well-suited. Mainly cuz the accurate explanation that's complex is never/hardly at the reach of most of us.



11. Post 42796215 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.02h):

Quote from: Raja_MBZ on July 24, 2018, 02:57:18 PM
Dump incoming.

SEC delays decision until 21st September, 2018:

https://www.coindesk.com/sec-delays-decision-on-direxions-bitcoin-etfs-until-september/

Quote
While the crypto community largely seems excited at the prospect of a bitcoin ETF, Atlantis Asset Management chief investment strategist Michael Cohn said any approval would be "insane," CNBC reports today.

"Then they're putting a rubber stamp on it as an asset, and I don't think governments want to go there yet. It just seems as though it's not something I'd want to put my clients into in any way, shape or form. You can only be embarrassed," he added.

Just a technicality: That's not the ETF that has made news recently and that everybody seems to be expecting. It is actually said in the article you linked:

Quote
Notably, none of the ETF proposals being postponed are from VanEck and SolidX, which are currently under discussion by the wider crypto community. More than 100 comments have been submitted for that proposal, and a decision may occur as soon as next month.



12. Post 42976358 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.02h):

Quote from: infofront on July 27, 2018, 01:47:28 PM
like Western Europe, which is intent on becoming one, large Muslim state

Quote from: STT on July 27, 2018, 01:58:09 PM
France will switch over to a Muslim majority population at some point.

Just wondering where you guys get the data you are basing these conclusions on. (I'm implying that they are far from accurate Smiley.)



13. Post 48273267 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.16h):

Quote from: Samarkand on November 27, 2018, 03:05:03 PM
Somebody with power = the miners.
The current BTC price is much lower than the average cost of mining a single Bitcoin
right now and therefore the miners are heavily incentivized to prevent the price from
falling even further.

I think it is possible that we may see a temporary drop below 3000 $ / BTC, but there is
just no way that we will go below 2000 $ / BTC.

When the price drops, some miners leave the network, this actually lowers the mining cost. Imagine there is only one miner on the network, they will simply mine 12.5 BTC per 10 minutes with whatever gear they have. As long as miners do leave mining, the mining cost will go down and with it the price (eventually), there is actually no "no way" price, be it up or down.



14. Post 49121541 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.25h):

Quote from: m0gliE on January 08, 2019, 04:33:32 PM
This is going to be a lot of fun if this is true.

Combine this situation with a collapsing stock market Cool



Not true but it would be cool.

If that happens count me in Cheesy

1 - The hear-say (I don't have a link to a reliable source of info) stats say that 70% are supporting the movement, not actually physically protesting in the streets.
2 - The call is for (those) people to withdraw what they can from ATMs. What is noteworthy is that a lot of people can't withdraw that much, and if one wants to withdraw directly from the bank, they need to give prior notice and the amount will surely be limited.
3 - My assumption is that quite a bunch of supporters won't bother.
=> This tweet is baseless news at best.



15. Post 49136680 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.25h):

Quote from: LFC_Bitcoin on January 09, 2019, 01:56:12 PM
Are they 100% opening January 24th or is it going to get delayed again?

Here https://www.theice.com/publicdocs/futures_us/exchange_notices/ICE_Futures_US-Notice_BitcoinLaunch20181231.pdf, they say:

Quote
The launch had previously been set for January 24, 2019, but will be amended pursuant to the CFTC’s process and timeline.

I think we can conclude with an almost certainty that it's gonna be delayed.



16. Post 49137914 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.25h):

Quote from: ryap12 on January 09, 2019, 02:34:13 PM


Is this a sign that we should invest with Bakkt too? A new whale joined the cryptoworld and hoping he will bring good reputation to cryptocurrency as a lot got disappointed with year 2018s price downfall. Hoping for BTC to be push back to $19k through motivation of this guy.

The guy doesn't really qualify as a new whale, he owns a company that has invested in blockchain-related startups in the past, here is an article that alludes to that: http://www.ejinsight.com/20190108-ice-owned-crypto-startup-bakkt-gets-li-ka-shing-on-board/. Is this a sign to get on-board? I don't know, these companies tend to make money on the way up and down so...



17. Post 50173592 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.36h):

Quote from: Ibian on March 15, 2019, 02:11:48 PM
Has there been a massive MSM outrage yet? Against the letter?

Far right, hardcore anti-immigration senator from Australia? Unlikely there will be.

But the idea that somehow immigrants are responsible for their own unprovoked, cold-blooded murder is fucking sickening.

And accurate.

You don't have to like it, but it is a fact that Islam is fundamentally incompatible with western culture. They have no business here. And no place at all to play victims.

So let me get this straight: you're saying they deserved to be massacred? And being a victim of a massacre isn't an appropriate time to "play victim"?

Yes. And their little children too, they are all part of the same group.

But not their dogs.

And no, I am not joking. The dogs did nothing wrong.

I wonder how someone could be intelligent enough to open an account on this forum but then retarded enough to condone a massacre of innocent people.

Thank you for your emotional ourburst. It was exactly what I expected. As a wise person once said, NPCs are gonna NPC.

Can you explain, with facts and numbers and cause and effect, why I am wrong? Your personal emotions in this moment are not evidence of anything.

Well actually you Ibian is the one who should explain with facts and numbers and cause and effect why you would be right in saying that some people deserve to be massacred and emphasizing the massacre of their children too...
I know you don't need it (and probably don't deserve it either) but I somehow pity you, go figure.

Quote from: Arriemoller on March 15, 2019, 02:17:17 PM
If you adhere to a religion that condones and even encourages terrorism and slaughter of anyone that holds another opinion then your own, you are not innocent.

There is no doubt about that, but implying that Islam is a religion that condones and even encourages terrorism and slaughter of anyone that holds another opinion then your own seems far from accurate (and I'm being nice).
Can you explain, with facts and numbers and cause and effect where this comes from?

You guys are quite the funny bunch, thanks for the entertainment Kiss



18. Post 50175583 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.36h):

Quote from: Arriemoller on March 15, 2019, 03:00:58 PM
If you adhere to a religion that condones and even encourages terrorism and slaughter of anyone that holds another opinion then your own, you are not innocent.

There is no doubt about that, but implying that Islam is a religion that condones and even encourages terrorism and slaughter of anyone that holds another opinion then your own seems far from accurate (and I'm being nice).
Can you explain, with facts and numbers and cause and effect where this comes from?

You guys are quite the funny bunch, thanks for the entertainment Kiss

It comes from the koran. To much text for this thread, so here's a link http://www.deceptioninthechurch.com/koran.html.

It's actually way more complex than just cherry-picking some translated verses and stripping them out of their very specific context to make them match whatever reality you want them to depict...

Quote from: Ibian on March 15, 2019, 03:04:14 PM
Well actually you Ibian is the one who should explain with facts and numbers and cause and effect why you would be right in saying that some people deserve to be massacred and emphasizing the massacre of their children too...
I know you don't need it (and probably don't deserve it either) but I somehow pity you, go figure.

Immigration without integration always leads to war. You won't accept this. No matter, your turn.

You are clearly not answering my question and shifting the discussion towards something else... My question was very clear, you are saying that some people deserve to be murdered along with their children and you seem to think that you are right in saying/thinking that, I asked you to explain to me (as you said) with facts and numbers and cause and effect why, and here I am still waiting...



19. Post 51912042 (copy this link) (by kaicrypzen) (scraped on 2020-04-04_Sat_16.56h):

Quote from: LFC_Bitcoin on July 22, 2019, 11:32:13 AM
My friends Father was a headmaster of a largely Muslim populated school in a major UK city. Some of the things I heard were disgusting.

- Female genital mutilation
- The treatment of women & homosexuals in their communities
- Forced marriages & what happens if they don’t comply with their families wishes
- Their thoughts towards the west (when they come to live here)

It’s not everybody but it’s a lot of them.

Disclaimer - Muslims are not a race. Sharia is an ideology, a faith. I will not accept accusations of being a racist. You can’t be racist when they’re not even a race.

So a lot of students in a largely Muslim populated school, whatever the hell that means, according to your friend's father (or according to your friend from what they heard from their father) talked about those things. So, do you think you can draw any relevant conclusions from that?