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18801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2018, 01:52:48 AM
Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   Roll Eyes Roll Eyes

Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right!

In fact he's always right! About everything! Let's all bow down the the master crypto god here!

(an annoying little narcissistic fuck... not much better than a troll)

EDIT: Fuck off JJG, really

EDIT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house.

You surely are an emotional little tulip, Torque.

Your stupid ass silly twat cannot even recognize that I agree with a lot of what you say, except your stupid-ass devolutions into concepts that all of this has been preplanned.  In that regard, I am not asserting that I know everything, but instead that you have some issues with your ideas, and your sensitivities, and desires to campaign against me show more about your own insecurities rather than any kind of solidity in your conspiracy assertions.  So yeah, perhaps, I need to eye roll a little stronger because my substantive points (criticisms of your assertions) don't seem to be sinking in to your flower sensitivities.   Tongue
18802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2018, 01:41:15 AM
Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   Roll Eyes Roll Eyes

Plus all the nervous retirees that cant wait another year!

I don't have any problem with Torque's ascribing several conspiratorial whale manipulation factors to bitcoin price dynamics, yet my problem is that he seems to get so caught up in the idea of manipulation and conspiracy that he just drifts off into fantasy land to go to such extreme suggestions that these manipulations were planned years in advance.  Don't get me wrong, Torque says a lot of interesting and informative things but the level of conspiracy just frequently devolves into ridiculousness.
18803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 03:17:35 PM
Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Avarage Joe hasn't lost interest yet. You still seem very interested.

Except he isn't Average Joe.

P.S. Are we not overfeeding the trolls? They're growing a bit fat and bold. Their smell is starting to make the place unpleasant to visit.

That's what the troll shits like bittarded want.   They want you to become discouraged, and to get caught up on irrelevant, misleading and purely incorrect information.  Don't give them such satisfaction of giving into their framework... like you correctly stated, Torque might be a conspiracy nutjob, from time to time, but he surely is no average joe, nor uninformed in the crypto space.

Except he isn't Average Joe.

Oh yeah? Please explain.


No explanation needed you fucktard.... I mean bittarded.
18804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 03:13:14 PM
Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   Roll Eyes Roll Eyes
18805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 03:00:27 PM
Because their electricity costs are currently still lower than their marginal cost of production, you numpty.  

If you’re going to troll, at least apply some brainpower first.

Yeah, and the electricity costs are still 5billion $ a year (7$ billion overall revenue). And this is the point I was making in the start, that you tried to stear away. Your childish demagogy won't work here. 7 Billion still needs to be payed to miners every year just to keep this crap afloat.

So what you are saying is that if bitcoin doesn’t go up? It goes down?

  Shocked

Exactly. There is no option for stability and keeping present value. It either has to expand, or it will start shrinking very quickly. It's really like a pyramid scheme in that manner.
If coin production would cost less, then the price would drop as long as the speculators are selling and then it would stop. With high production costs it won't stop, but will squeeze every juice out of this thing as possible.

Do you realize, you seemingly dimwitted trolljob, that there has been a price battle in bitcoin that has been going on for several years now, and it has periods of greater intensity.

Furthermore, with s-curve adoption, there are going to be a large number of price finding attempts at various points, which just means both up and down volatility.. while at the same time upwards price appreciation, that is still manipulated down from time to time, even while the price is largely heading exponentially upwards...

Hopefully, you are smart enough to both get paid in bitcoin for your stupid-ass trolling job, and not to really buy into the bullshit that you are propagating because you really cannot believe the nonsense that you are attempting to spread, can you?

I think that if you would just try drinking less coffee, then you wouldn't get upset so easily, and you would be able to express yourself more clearly.

Oh go figure.  The making shit up bittarded is "the adult" in this particular room.  Who wudda thunk?

18806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 09:22:29 AM
You do not even know what goxxed is. To be goxxed is to not be able to trade. To be goxxed is to enter a sell order perfectly at $265 but then with 48 hour trading engine lag the trade executes at $50. Gox is the instantaneous fear of god. There is no trace of gox to be felt in this slow matured pussy market.

Snap out of it, Tera.


The term Gox is being used in a different sense than the one you are describing.


18807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 08:31:47 AM
Anyone feelin' goxed all over again?

No... but I understand that is one of the stupid-ass simplified mainstream talking point explanations..... so I would not want to feel retarded by buying into retarded ideas.    Roll Eyes Tongue
18808  Other / Meta / Re: Merit & new rank requirements on: March 29, 2018, 08:22:26 AM
I do not get any and Merit. I do good posts. Still no merit is given to me. I request you to verify that I am eligible for Merit. If you like my posts, then give me a Merit gift.

I will be calling that merit begging.. you fuck...  Roll Eyes Roll Eyes Roll Eyes Roll Eyes  perhaps not "excessive begging" but makes you ineligible to receive merit from me, at least in the short term.   Tongue Tongue... and if you reform your merit begging ways, then I may reconsider the possibility of giving your merit.. perhaps?, somewhere down the road.. several months later...  

 But likely no one is going to get any merit from me, personally, unless I see something that stimulates me into wanting to give merit..... For example, provide some interesting content.. share some interesting ideas.. add a little humor... or other kind of insight that causes me to learn about the world or about bitcoin or some other pertinent part of my then expected life... Wink  Cheesy
18809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 08:19:06 AM
Because their electricity costs are currently still lower than their marginal cost of production, you numpty.  

If you’re going to troll, at least apply some brainpower first.

Yeah, and the electricity costs are still 5billion $ a year (7$ billion overall revenue). And this is the point I was making in the start, that you tried to stear away. Your childish demagogy won't work here. 7 Billion still needs to be payed to miners every year just to keep this crap afloat.

So what you are saying is that if bitcoin doesn’t go up? It goes down?

  Shocked

Exactly. There is no option for stability and keeping present value. It either has to expand, or it will start shrinking very quickly. It's really like a pyramid scheme in that manner.
If coin production would cost less, then the price would drop as long as the speculators are selling and then it would stop. With high production costs it won't stop, but will squeeze every juice out of this thing as possible.

Do you realize, you seemingly dimwitted trolljob, that there has been a price battle in bitcoin that has been going on for several years now, and it has periods of greater intensity.

Furthermore, with s-curve adoption, there are going to be a large number of price finding attempts at various points, which just means both up and down volatility.. while at the same time upwards price appreciation, that is still manipulated down from time to time, even while the price is largely heading exponentially upwards...

Hopefully, you are smart enough to both get paid in bitcoin for your stupid-ass trolling job, and not to really buy into the bullshit that you are propagating because you really cannot believe the nonsense that you are attempting to spread, can you?
18810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 08:14:34 AM
$300 ETH soon

Yep we back at .055 again.

Im seeing that we might even retest .045 lol coz btc is going down.

#rip eth

Maybe you are saying this wrong?

Surely, there is a certain dynamic in which surely bitcoin is the leader, but still bitcoin seems to have some trouble recovering in part because there seems to be some need to shake some of these snot-nosed 13 year olds.... so if weak hands are being shook in the alts - including ETH.. then bitcoin is drug down a bit with them... even while bitcoin remains the pillar of fundamentals.. .. so yeah.... how far will bitcoin be drug down in this quagmire?  Will ETH find a bottom that is in the triple digits... or does it have to go lower..?  If ETH goes that low, will it drag bitcoin down with it too, somewhat?  

At some point bitcoin is likely to recover based on fundamentals, but many of the shit coin scams may bounce back with it, unless the pain of this particular correction is more harsh and enduring upon those shit coins.

Wrt ETH i think it was obvious because majority of the ICO's will need to liquidate at one point which would lead to a fall.

Shitcoins are just a way to increase your BTC holdings - in the future i imagine only a handful on altcoins that will survive:

Micro transactions, anonymity, smart conracts and x.


All fine and dandy to have various altcoins serving as testbeds for the various technological and practical concepts of microtransactions, anonymity, smart contracts, etc.. but bitcoin can do all of that, too, no?
18811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 08:11:56 AM
Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.

I nominate JayJuanGee for Lord of the Pigs.

Explain ur selfie roachie poachie.

What makes me a BIG pig, exactly?   

Don't I have a sustainable strategy that involves accumulation of BTC by buying when the price goes down and selling when the price goes up?  Is there something greedy about that?

Am I not gambling on every little turn of the BTC price by attempting to bet everything in one direction or another, but instead I am employing, incrementalism in my buy/sell approach, no?

Are you dissing me, because I don't buy into your more, supposedly conservative, PM point of view that actually doesn't really seem to hold value too well?

It seems that I don't follow your specific "knowledgeable" writings enough in order to understand how you would be arriving at your seemingly nonsensical conclusion to classify me as a kind of BIG pig within the subject matter of this thread.  Explain ur selfie.

I think that with less caffeine you would be normal.

How would you know what is normal or not?  Are you distractedly referring to my avatar again?  GET A FUCKING GRIP... trolltard, I mean, Jacques Bittard, retard....
18812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 07:46:13 AM
There is a break down on a weak bear flag which has confirmed the process, expect Bitcoin to drop up to 7,200$ (or even more) but we can expect Bitcoin to bounce right back up again in 7,400$ (although this bounce probability is low). The MACD bullish crossover was not enough to stop the break down formed in the hourly chart but the crossover is a sign that Bitcoin could be back on a bullish trend in a short period. Cutting losses now might now be a good option as we don't know how deep will it fall or will it even fall.

Everything that you say makes sense, except for your seemingly nonsensical assertion about "cutting losses"... that seems stupid, from my perspective.

Why would anyone sell based on if there is uncertainty about the price going down, instead of just preparing to buy if the price goes lower?  In other words, if you were going to sell, you should have already sold ... but I know peeps like to wait until they see down movement and then sell, which seems to be very risky for causing selling towards the bottom rather than the opposite of buying as it goes down.

Anyhow, just a differing approach, I suppose... so I won't harp on your point, here, too much.    for now...  Cheesy Cheesy Cheesy
18813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 07:25:17 AM
Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.

I nominate JayJuanGee for Lord of the Pigs.

Explain ur selfie roachie poachie.

What makes me a BIG pig, exactly?   

Don't I have a sustainable strategy that involves accumulation of BTC by buying when the price goes down and selling when the price goes up?  Is there something greedy about that?

Am I not gambling on every little turn of the BTC price by attempting to bet everything in one direction or another, but instead I am employing, incrementalism in my buy/sell approach, no?

Are you dissing me, because I don't buy into your more, supposedly conservative, PM point of view that actually doesn't really seem to hold value too well?

It seems that I don't follow your specific "knowledgeable" writings enough in order to understand how you would be arriving at your seemingly nonsensical conclusion to classify me as a kind of BIG pig within the subject matter of this thread.  Explain ur selfie.
18814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 07:16:35 AM
$300 ETH soon

Yep we back at .055 again.

Im seeing that we might even retest .045 lol coz btc is going down.

#rip eth

Maybe you are saying this wrong?

Surely, there is a certain dynamic in which surely bitcoin is the leader, but still bitcoin seems to have some trouble recovering in part because there seems to be some need to shake some of these snot-nosed 13 year olds.... so if weak hands are being shook in the alts - including ETH.. then bitcoin is drug down a bit with them... even while bitcoin remains the pillar of fundamentals.. .. so yeah.... how far will bitcoin be drug down in this quagmire?  Will ETH find a bottom that is in the triple digits... or does it have to go lower..?  If ETH goes that low, will it drag bitcoin down with it too, somewhat?   

At some point bitcoin is likely to recover based on fundamentals, but many of the shit coin scams may bounce back with it, unless the pain of this particular correction is more harsh and enduring upon those shit coins.
18815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 06:58:05 AM

Quote
bla bla bla

/rant


bla bla bla

/rant

bla bla



Look above^^^^^^^^... exhibit A  ^^^^^^^^





Look above^^^^^^^^... exhibit B ^^^^^^^^


So... bigger blocks mean 'common use of bitcoin everywhere'. But that means the overall price of bitcoin will be lower! So if the advocates of bigger blocks want bigger blocks, they will have to give up high prices! Smiley


@Save the RF:  You have a tendency to devolve into a kind of non-comprehension.  Look in the mirror to confirm whether you are bot, or no?    Cheesy Cheesy Cheesy Cheesy

Surely, bigger blocks are not seeming to be in the cards for bitcoin.... so BIG block nutjobs can whine all that they want about what they believe to be in bitcoin's future - when something like BIG blocks seems to amount to a kind of distracting and not justifiable fantasy.  Segwit and lightning, is likely going to be bitcoin's short term (perhaps several years into the future path forward, and is going to be built upon, and seems to be little to no need for BIGGER blocks at the time being or even in the foreseeable future.).  Bitcoin's price will do whatever it is going to do... which is likely going to continue to go up.




So... bitcoin tends to become a vault stored asset, so... smaller unheard coins will be used for buying coffee from the corner shop or beer from a bar.

Perhaps, there will be some other coins used for smaller transactions, but there no real reason that bitcoin will not evolve in that direction..... We also still have fiat and credit cards, and I don't mind spending my fiat or using my credit cards for some of those purposes, for the time being.  Of course, bitcoin's use and adoption is likely to take quite a few years, so you may be correct that at least in the shorter term, there may be more of a tendency to use bitcoin as a form of store of value... especially when we still seem to have less than about .5% or world adoption, even if there may be some community pockets that have higher adoption - maybe 1-5% in some areas that are more in the crypto space (maybe tech geeks or something?).

Bitcoin will be important just because the miners will be motivated to maintain the network for high fees. Smiley

What time frame are you talking about?  Currently miners seem to be incentivized to reap some of the mining reward, but maybe after a few more halvenings, the incentives will move more in the direction of fees... but it seems that currently the 12.5 coins per block seem to be a decent incentive for a lot of them.

So... if noobs want bigger blocks, they will have to go somewhere else.

What makes you think noobs want bigger blocks?  Noobs don't know what the fuck they want, except perhaps an investment that holds value, appreciates in value and maybe provides some various other kinds of control over your money utility.

Because for now the miners seem to decide the fees. And they will pick higher fees as long as someone pays for the security of their assets. Smiley

What the fuck you talking about?  Did you fall down and bump your head in bcash landia?  This is bitcoin, helrow?   Have you noticed in the past couple of months that fees have been dropping to nearly nothing and you can get transactions processed for nearly free?  There are miners, who are apparently processing a large number of low fee transactions, especially in recent couple of months.  In recent weeks (and maybe even more than a month now), I have sent several transactions in the 1 satoshi per byte territory and less than 10 satoshis per byte, and those transactions processed quickly... less than an hour in almost all cases... many of my transactions had three confirmations in less than 30 minutes... So yeah, there may be some questions about whether those fast processing times and low fees can keep up during spamming attacks, which likely are going to come again, at some point or another, no?
18816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 01:00:15 AM
Jbreher:  batching has destroyed outputs as a metric due to a massive reduction in change outputs. If you are going to troll, at least pick something relevant.

Out of curiosity, were you one of the endless stream of shill artists at Satoshi Vision? Which one was you on the videos?


You noticed that PeterR has not shown his smug Bcash shill nutjob avatar in recent times?  Maybe he is still recovering from the shock of bullshit that he had to absorb over the weekend?  Truly Traumatized to the extent that PeterR may actually be a real peep?    Cheesy Cheesy Cheesy
18817  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 12:45:38 AM
Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant


It's not going to stop them.  They did not have much of an argument last year either (either facts nor logice), but they beat the BIG BLOCKER nutjob arguments of high fees and slow speeds, to death... repeatedly.

Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant
You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?
Of course, LN might give us a lot of leeway, but eventually block sizes will need to be increased.


Look above^^^^^^^^... exhibit A  ^^^^^^^^



With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.

Quite dismayingly, the Bitcoin transaction rate seems to be suffering a lack of interest. It has been chopped in half since the heady days of $20K Bitcoin.

https://blockchain.info/charts/n-transactions

Are there 200,000 transactions on LN between the paltry 1000 or so nodes to make up for it? I admit I have been unable to find any statistics, but it seems rather unlikely.

A peer-to-peer system that is seeing declining use is nothing to celebrate.


Look above^^^^^^^^... exhibit B ^^^^^^^^
18818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2018, 12:33:49 AM
I'm a one trick pony when it comes to charts. I look for the closing triangles. This one looks pretty straight forward. In early April we either crash hard or go back into bull mode.

-snip-

Or we just do a breakout (up, down) for a short time, pull back or bounce back and continue ranging between $6k to $10k for a few more months.Weak hands can also be shaken out by breaking their patience.Because most of the people want to see quick results, profits, progress. However Bitcoin and crypto in general is still very early and will need much more time to mature. The ones not willing to go this path, not having the patience, will leave and mostly lose and probably regret it in a few years.
So this may be some boring time, but this also the time where lots of progress and development happens. As always true believers will separate from "get rich quick" money grabbers until the next bull run starts.

We just need to be patient, and wait until next halvening. I still see sucess for bitcoin, we just need to cleanse all the scams first.

That remains part of the BIG QUESTIONs in this space - the extent to which the multiple scammers, pump & dumps, Alts and ICOs are going to keep BTC from pumping again...... will we get one more pump of BTC (along with the various alt shitcoins)
with a more convincing blow-off top before getting the longer drawn out correction that will purge a larger number of those shitcoins?
18819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2018, 06:55:17 AM
I'm a one trick pony when it comes to charts. I look for the closing triangles. This one looks pretty straight forward. In early April we either crash hard or go back into bull mode.

[https://image.ibb.co/hnkUQS/btcchart.png[/img]

Is that breaking up or breaking down wedge?




I am sure no one thought about the pacman7331 perspective.


18820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2018, 04:30:35 AM


Edibles or smokes?
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