All posts made by Geist in Bitcointalk.org's Wall Observer thread
1.
Post 1866360 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
There's still a million dollar wall at $70. What are the chances that someone will get us past that?
2.
Post 1887083 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
With your graceful permission, I will repost here my
recent findings.
Summary: Bitcoin could act as the world's reserve currency in 2013 and after, as gold did in 1913 and prior. This would give
BTC1 = $300,000 in present dollars. Please comment on the analysis, not the outcome.
A few months ago I did the same assumption
"Bitcoins becomes as popular as gold"
according to my calculation
there have been ~17,000 tones of gold mined in total (Wikipedia)
there will be 21 million BTCs mined in total
I came up with a price of 450,000 EUR or USD (can't remember which but who cares!
)
Our numbers are very close
lets say 375,000 USD----> then---> EUR
I love you guys.
3.
Post 1887296 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
Haven't heard much lately about the MtGox verification queue. Anyone know how backed up they are currently?
When I queued up last Friday I was at position 20000, now I'm at 9800, so it is moving.
4.
Post 1887651 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
Haven't heard much lately about the MtGox verification queue. Anyone know how backed up they are currently?
When I queued up last Friday I was at position 20000, now I'm at 9800, so it is moving.
Why are you verifying ? To make a withdrawal or pay money in ?
I have a feeling most of these verifications are for withdrawals.
Put money in right now. The only withdrawals I'll be making will be in bitcoins. Vive la Bitcoin!
5.
Post 1887997 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
A site crash and barely any change in price...surprising.
6.
Post 1894813 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
The volume is so low - 61k - compared to around 310k yesterday
Don't worry about it, it's the weekend. It always slows down during the weekend.
7.
Post 1896889 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
so rally starts at saturdays now?
whats going on lol let me have some break will ya ..
oh and the wall observer split forum thing.. not liking it.. i want drama and fun to be all in the same place
This right here, need more memes with my fits of joy or unbearable depression.
8.
Post 1897704 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
9.
Post 1899354 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
It went up, now it's going to go down somewhere between $110 and $120. Won't go anywhere until Monday most likely.
Looks like it went down to 125 and is rising again. XD
10.
Post 1899383 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.53h):
I don't see a drop below $120 for right now unless a big seller comes in. It stayed around that price all day.
Selling after a Saturday rally sounds like a bad idea to me. There seems to be a lot more buying pressure than selling.
I agree. I suspect we won't see it go down until it rises a little higher. I'm thinking it all depends on $150, we'll either hit the wall and then crash, or break through and possibly touch the ATH at 266, possibly higher, before someone panic sells and causes a crash.
11.
Post 1913989 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.54h):
10k to $120 and the 125 wall is being eaten..
Correction: Has been eaten. And is now over 126 as I write this.
12.
Post 1982209 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.54h):
Quiet monday...
Meh, it was a bank holiday in Japan. I'm assuming tomorrow will be much more exciting.
13.
Post 1982468 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.54h):
Bank holiday == no bank wires right?
Yep...although I just realized that it's 2:00pm Tuesday in Japan right now, which is not a bank holiday.
14.
Post 1982722 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.54h):
Ok, now count me as very hyped.
What an eloquent bitcoin super-bull. I love this guy! And I think he's correct, "this is the time where people should be trying really big crazy things".
If I didn't already have all my money invested in Bitcoin, I'd be investing the rest of it in bitcoin.
It was 2:00pm in Japan when I made that post...
15.
Post 1996328 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
here we go!
No! I said 4 hours, not 40 min!
STOP BUYING DAMN IT!
Buy buy buy... My deposit hasn't went through yet and I don't want to miss out on the buying opportunity.
16.
Post 2012808 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
6k
BTC will take us to $95.00.
I have a feeling that apart from today (Friday May 3, UTC) we will never more have the chance to visit it.
Official Reason: the capitulation of 2nd Fibonacci order from the strong bull move, of $50->$167, leads us to $95, but no lower. (The third is $78, which means that should we cross $91 today, it'll be irresistible, and the the fourth and so on, but
the chance is small, imo.)
Also sub-$100 prices just "seem too cheap".
I am willing and able to just accumulate below $100 myself.
We are in a secular bull market as long as Bitcoin adoption is growing, and I see no proof to the contrary.
I'm curious how you think the coin lab vs. Mt.Box lawsuit will affect prices.
http://gawker.com/so-a-currency-that-fluctuates-wildly-with-the-ebbs-and-487994806I'm still relatively new to the BTC market, but surely the price would go down further in light of such news.
17.
Post 2012892 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
Friendly advice - ignore whatever he says, bullshitometer wants to explode as soon as he appears. You've be warned, do what you want.
I don't like discounting others opinions unless they do something to seriously piss me off, and he has yet to do that. Nevertheless, thanks for the advice.
Do you guys think the lawsuit is going to affect the price?
Personally, I think it will drive the price down in the short term, but long term it might be a good thing. The more decentralized the better.
18.
Post 2013031 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
Friendly advice - ignore whatever he says, bullshitometer wants to explode as soon as he appears. You've be warned, do what you want.
I don't like discounting others opinions unless they do something to seriously piss me off, and he has yet to do that. Nevertheless, thanks for the advice.
Do you guys think the lawsuit is going to affect the price?
Personally, I think it will drive the price down in the short term, but long term it might be a good thing. The more decentralized the better.
Seleme is the most expensive sockpuppet out there, the account is created about the time when I won the infamous debate "silver vs. bitcoin". I was representing silver, that is...
I think trading on news (such as the lawsuit), is more difficult than trading completely without them. I haven't in general followed the media since 2002 or so. I don't read analysts, newspapers, watch TV or movies, .... I have been featured in TV many more hours since 2006 than I have spent watching it.
This frees my time for thinking fundamentally. I am a very bad technical trader, but better than 99% as I make money and don't lose my position.
Your posts certainly give me something to think about. You may not be 100% correct on short-term predictions, but your posts are well thought out, and I can respect that.
19.
Post 2015042 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
I found you guys!
Yay! Should be a lot of attention paid to the bid wall at $70 by hungry fiat-laden traders today.
I got out in time, so I'm can't wait to see where this lands.
20.
Post 2016384 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
"money-substitute known as Bitcoin"
Nice place, but I'd rather live on the west coast(not that I have $1.9m in bitcoins, but someday perhaps).
21.
Post 2016833 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
Nice place, but I'd rather live on the west coast(not that I have $19m in bitcoins, but someday perhaps).
It's 'only' $1.9M!
Yep, missed a period. Should have reread it before I posted.
22.
Post 2018913 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.55h):
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
I'm more interested in who's selling. $90s is cheap considering it was over $150 last week. I actually might buy back in if that wall stays like that(bought in 80s, sold at $95).
23.
Post 2032194 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.56h):
http://www.reddit.com/r/Bitcoin/comments/1dltvr/krakencom_us_exchange_opens_beta/It's not up yet, but Kraken seems promising as a new Exchange. Coinlab sounded interesting as well, but I'm not entirely sure how that's going.
24.
Post 2032248 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.56h):
montreal meetup was fucking AWESOME! not too many people, but tons of fun! .. buy tons of bitcoin!
I wished I lived near a bitcoin meetup. But sadly I live in the middle of nowhere.
25.
Post 2032426 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.56h):
montreal meetup was fucking AWESOME! not too many people, but tons of fun!
buy tons of bitcoin
There was a Montréal meetup?!
Nobody told meeeee!
theirs a thread in meetups.
I know, and I know that there are meetups in cities all over the world. I just don't live close enough to one that I can get there on my pitiful income and I don't have the organization skills to organize one in the city I live in.
26.
Post 2036649 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.56h):
i like the 3d charts, easy to see how the "walls" move things.
It'd be nice if the bot could post both styles.
27.
Post 2041363 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.56h):
My guess is it's some asshole country bumpkin who just won some lottery money and doesn't know any better. He heard about the Murican Bitcoin during a commercial while drunk off his Milwaukee's Best watching "Ow! My Ballz!" and just plopped some of his winnings on Gox without any further clue.
If so he makes better use of his winnings than most (most spend it on trivialities)
Those are the ones you hear about. There are also many you don't hear about and, considering they kept quiet, might be doing something good with the money(like starting businesses).
28.
Post 2055747 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.56h):
Bulls, any last words?
We choose the Moon, not because it's easy, but because it is hard.
Haha, I'm going to use that as my sig if you don't mind.
29.
Post 2055770 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.56h):
It doesn't work in a signature...
Fixed.
30.
Post 2061203 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.57h):
Whoa, 8000 BTC wall around 105. I wonder if that will scare people back down to double digits.
31.
Post 2061740 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.57h):
Whoa, 8000 BTC wall around 105. I wonder if that will scare people back down to double digits.
That wall is as fake as they get..
I know, just wondering if that would actually affect that price at all. It seems it didn't.
32.
Post 2062982 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.57h):
Yes it is.
LOL. Do you know the back story for that insanity? I called him a clown before but now it seems much more fitting.
Isn't he just showing off all the silver he owns?
33.
Post 2063050 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.57h):
Yes it is.
LOL. Do you know the back story for that insanity? I called him a clown before but now it seems much more fitting.
Isn't he just showing off all the silver he owns?
Do you put silver pots on your head, hang it off your ears, and generally pour silverware all around your body like a lunatic?
If I had that much money? I don't think I would care much about public opinion. Hell, I'd make all my silver into a suit of armor and run around town in it. XD
34.
Post 2087235 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.57h):
Risto got his 700 btc ...
now worth 76,693.08 USD
92,000 was what he paid
(+ bank fees for sure)
When he sell them for 300k a piece in November and bank 200 millions you'd wish you haven't posted this
If he has any bitcoin when it hits $300k I'm sure what he posted in May will be the least of his concern.
35.
Post 2088704 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_10.57h):
Wait, are you serious? It's kind of hard to tell.
It's a bot, all it does is post 3D wall pics.
36.
Post 2265774 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_11.00h):
The obvious question now: what are LR users going to transact with instead?
And how many people had money sitting on LR. Seems like a fairly big deal. Without Dwolla, I'd imagine LR was a fairly big chunk of Gox deposits. Surprised no one is talking about this, they were down all day Friday. Maybe not that many people used LR.
Wow this is HUGE big shitz, LR is a gigantic washing machine with millions transiting, many exchange business that deals with LR also do bitcoin, like Aurumxchange. Expect big Losses due to this shutdown for whole digital currency community.
Well BTC is Monopoly now , heck i'm turning ubber bull, i'm holding btc for long, to hell with short term trading.
What do you mean, "BTC is Monopoly now"? Bitcoin is anything
but a monopoly. I don't get it.
Sounds to me like he was referring to the boardgame 'Monopoly'.
37.
Post 2296905 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_11.00h):
So, downhill from here I guess?
38.
Post 2297122 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_11.00h):
So, downhill from here I guess?
i think the market is smart enough to realize things will get worse b4 it they get better... but they will get better.
because cavitrex is based in canada, for me sending money to the exchange is free, and as easy as paying my electric bill online.
the same can be true for a USD based exchange... not sure what's taking so long?? coinlab stop jerking off and do something!
I'm talking short-term of course. It's only up from here long-term, but after the drop to $124 yesterday, any bad news has the potential to drop it lower.
39.
Post 2325134 (copy this link) (by Geist) (scraped on 2020-04-04_Sat_11.01h):
44 days and already 629 pages.
Maybe you should start "Wall Observer - MtGoxUSD wall movement tracker - Monthly(June 2013)"
oh no i'm not making that mistake again!
this thread is never ending!
HAHA I don't mind it, just pointing out its fast growth.
Is there a max page limit?
It would help if it didn't show you every single page. Need some "..." in there.
