|
What i miss? Oh we're still at 666 ok going back to sleep
|
|
|
|
We are at lower prices.
I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future  Still waiting? That dude is smokin da crack pipe ..and dropping too much acid for his 600 retest  The future is still ahead, this is just one big whale pushing with borrowed money paying high rates to me  ( $1.5m borrowed yesterday) , $21.5 million in longs currently, the fall gonna be epic.. I hereby revise my prediction: 500 in 2 weeks  If you can't see a double top formation, then you are a greedy delusional bull  Funny that nobody on leverage thinks like you apparently. Shorts (which are dirt cheap right now) are at a record low http://charts-bfxdata.rhcloud.com/bitfinexLiquidityPriceCombinedBTC.phpno reason for a long squeeze in the first place. No shorts to cover - Check Longs pretty much maxed out paying high rates - Check No huge inflow of USD, Bid Sum remaining unchanged on stamp (around $11m ,maxed out to only $13m) - Check New: Bulls cheering all over: contrarian indicator - Check What will happen when market stalls and shorts finally open, this rally is not sustainable so far. these are conditions for a long squeeze in case of a MASSIVE panic sell occurs. if there are no reason for a panic sell in the first place there is no point in considering it at all. Only catastrophic news would get us there, but these are unpredictable so what's the point. Bid Sum is not an indication of inflow of new USD. And besides, there is still a lot of fiat in exchanges accumulated from the bear market waiting, also because this trend reversal rally from 450 was done mostly on people raising the asks (that explains the not so huge volume). after the breakout less and less people were willing to sell BTC. Until this wave of predictable profit taking at 680 that is. Anyway, we have your prediction, in 2 weeks we will see who was right  Would 4k BTC be MASSIVE? Cause someone can borrow 4k BTC at 0.01% dump it all, start a cascading margin calls from tight margins from the likes of ChrisML's and pick up cheap coins do it at the lowest volume time to lower your risk of a greater whale swallowing you...Profit |
|
|
|
|
Ahh 666 recall seeing you on a way down
|
|
|
|
Hmm looks like Chinese are buying up coins again. Not sure how i feel about that  |
|
|
|
And over, where's the it's happening gif? |
|
|
|
|
We're above 590 and there are still 2k+ coins to 600. Half way mark to ATH just doesnt want to go down
|
|
|
|
If it makes you bulls happy (and I am sure it will) I'm a little annoyed that the Chinese markets actually responded bullishly to such crap PR released yesterday. And I won't be surprised if we get follow through today based on the size of the green candle yesterday.
I guess my predictions of a large fall may have been pushed back 2-7 days. It seems like its not going to happen until the exchanges (particularly Houbi) admit that accounts have been closed. And they may never actually do that. We will probably only here from outside sources.
The Chinese exchanges are all about framing the narrative. They are also all about prolonging the unavoidable.
So you predict a large fall this week or wait no, next week, wait no maybe week after next when that big announcement comes out. You are good can i give you all my money so you would manage it? |
|
|
|
How is Huobi higher than Stamp!??  Interesting hopefully it's the start of flow of bitcoins out of CNY |
|
|
|
Wall at $400 was chewed up nicely. It will be interesting to see if what's left holds.
The timing was weird, stamp usually follows huobi a lot, this was kinda out of place unrelated question: who's buying at houbi? How they do think to eventually monetize theirs assets? You do know that lots of Chinese travel, have relatives and own property outside of China right? |
|
|
|
And there we go. People are about to panic that 400 might fall so they are starting to sell.
It's a matter of waiting for the first 500+ sell and down we go. The sheep will go nuts.
350 within 12 hours is my worthless prediction.
Yes the $400 wall is likely to be tested to see if it's fake, real or there's hidden support we can't see. This would be a huge opportunity for a billionaire to accumulate a large position without slippage, but there may not be one or he's lurking in the depths. Retreat to $400 and hold the line, people. $401 if you want to make sure you get all your coins back. Sell any bounce and build that fucking wall. It's going to be a battle and we need every man we can get. If it breaches, the next stop is $266 and the next ATH will be delayed by months. 90% probability we'll drop to at least $401 at least once before trend reversal. 50% chance we'll hit $400 and 50% chance we'll go lower. Maybe I need a definition of terms; however, my understanding is that a billionaire does NOT gain a position by selling into a buy wall but instead by buying into a sell wall. So, I must be missing something, here. Either could happen if the wall is real. $400 is where you'll start seeing the spread growing more and more and exchanges stop following chinese. So in a total Chinese collapse i don't see it going much bellow $400 on healthy exchanges |
|
|
|
no gox btc sells of 10 or more for 40 minutes
New fiat is probably just showing up on Gox now to take advantage of the fire-sale. Should be back in a reasonable range in a few days time. Especially if there is any indication that withdrawals will resume. On Saturday? |
|
|
|
Laszlo you legend! Just saw the pictures for the first time. Considering the pizzas were from Papa Johns, and you shared them with your sondaughter, I think you should call your pizza place Papa Laszlos.
This needs to be a project on bitcoinstarter.com
For sure I'll pledge!
Good to know that you didn't trade your child for bitcoins |
|
|
|
Thanks for the kind words guys. The pizza thing was a lot more popular than I thought so I made good on as many trades as I could. Other than a little bit of single digit change, I spent everything I mined. As you all know, the difficulty rises to adjust to hashing power, so eventually the mining wasn't worth it for me. GPU mining BTC in 2010!??
As far as I know I was the first to release a GPU miner. I contributed the hash meter back then too, that's what the screen shot was all about. I used to maintain the Mac OS builds but others have taken that up now. It was a fun project and I learned all about OpenCL. I can't find the thread on the forum anymore but you can find it in my web dir ( http://eclipse.heliacal.net/~solar/bitcoin/sha256.cl ). That was back in May 2010. Maybe there were other people who were doing it in private too, though. For a long time I had been looking for a reason to learn how to write a shader, and this was a great project for it. The way I looked at it, I was helping out with an open source project, and I was making pizza with my code. You guys will laugh now but I mined everything with an nvidia 9800 GTX+ on Mac OS (hackintosh, another scene I used to help out in). I ended up getting 2 AMD Radeon 5970s with the bitcoins I was mining, but at the time, the OpenCL libraries from AMD and nvidia both were really buggy and I never got it to work right on more than one GPU. The same code that would work on the nvidia on linux wouldn't work on windows and vice versa. I was trying to make a generic OpenCL miner that everyone could run on all 3 platforms, and I spent months tweaking different kernels for each GPU, but I was also working two jobs at the time and so I never finished it. I ended up just leaving bitcoin on the back burner for a few years, then it exploded and people started asking me about the pizza trades. Every time the value goes up on exchanges, people email me asking me to comment on it, but really there isn't much more to tell than what I explained here. This is the old GPU mining release I made for Mac OS, probably won't work anymore though: http://eclipse.heliacal.net/~solar/bitcoin/Bitcoin-MacOSX-Intel-svn-75-opencl-2010-05-10.dmgYour story was one of the first ones i head about when getting into BTC. As in you can buy pizza with this internet money. Sucks to hear that you didn't leave few thousand BTC on some floppy somewhere. |
|
|
|
Yeah but it snapped back on your ass. You finally sold your shorts for a meager profit before buying back. While you were out you went silent like a slug. Now you are short again, except this time you are going to sell for a loss or stop out soon as Gox reopens withdrawals and we bounce again. You'll probably give up a fiat bit of the profits you made on the first trade. Well i stated a few hours ago that i closed my shorts @ 580$ , which have been opened @ 840$, i also stated that i will short again between 650-690$, when the price was@630 which might have not been the worst idea as it looks like. Do you have any kind of personal agenda with me? Iīm pretty pleased with my profits, thanks again for askin? Just keep on actin like a dick. Wait wait wait, so you actually went bullish at 580$ and closed your shorts and were expecting the price to shoot up to 650-690?!?! But yet at the same time continued to troll saying that the price will go to $300? Haha at least keep your stories straight and don't claim to cover your shorts that make you sound bullish ? I closed my shorts, which put me into the postion that i could short more @ a higher price. I am aware of the fact that it doenst fall total vertical. I still beleive that it goes in the 300īs. I donīt see any contradiction? Sometimes you have to close your shorts for a few hours, to short more after the inevitable bull trap. MAX SHORTAGE ! ULTIMATE PROFIT! Closing short = expect price to go up (however short term) expect price to go up = bull Closing shorts "that i could short more @ a higher price." implies that you want the price to go higher. Continue to troll while covering shorts = troll Next time let us know when you turn bull again and cover your shorts That's alright you're still my #1 troll kinda like keeping you around doing the dirty work |
|
|
|
Yeah but it snapped back on your ass. You finally sold your shorts for a meager profit before buying back. While you were out you went silent like a slug. Now you are short again, except this time you are going to sell for a loss or stop out soon as Gox reopens withdrawals and we bounce again. You'll probably give up a fiat bit of the profits you made on the first trade. Well i stated a few hours ago that i closed my shorts @ 580$ , which have been opened @ 840$, i also stated that i will short again between 650-690$, when the price was@630 which might have not been the worst idea as it looks like. Do you have any kind of personal agenda with me? Iīm pretty pleased with my profits, thanks again for askin? Just keep on actin like a dick. Wait wait wait, so you actually went bullish at 580$ and closed your shorts and were expecting the price to shoot up to 650-690?!?! But yet at the same time continued to troll saying that the price will go to $300? Haha at least keep your stories straight and don't claim to cover your shorts that make you sound bullish |
|
|
|
Before last month you would be buying elsewhere and selling to Mt. Gox, now is buy at Mt Gox at risk discount and sell elsewhere. LOL
Welcome to bitcoinland. Last month is like a century here |
|
|
|
Whoa gox trading at 69% (420gox 607stamp). If for some reason someone still wants goxBux and can't/doesn't want to buy directly from gox i'll sell at 85% Else i'll buy at 65% maybe a bit more depends on the spread PM me |
|
|
|
Interesting no one is borrowing when market is crashing.
Actually, you're WRONG. People are borrowing, just look at the BTC flash return rate pool: It's empty. Now look at the market statistics page. We've borrowed all the BTC, every single one. If you only look at USD then yes, you are right, nobody is borrowing USD to go long. This is not very strange given that IT'S THE BEARMARKET (did nobody give you the memo?) Whoa didn't see that. And historically the USD borrowing would go up with the crash as people expect a rebound. But yeah i was referring to USD, maybe take a deep breath before you post next time? |
|
|
|
I have a client with a large amount funds to buy trapped Mt.Gox bitcoins at 85%
If legitimate, the bitcoins or USD can be sent or wired today. Both parties will go through a vetting process. An NDA and small KYC will be required.
$100,000 USD minimum order.
Those that accept wire will receive a better rate than those that opt for a bitcoin to bitcoin trade.
PM if you are interested. Serious inquires only.
You mean i can wire money to Gox buy at 75% discount and sell them to you at 85% ?!?! Ok i'll bite, but the way you stressed silly NDA and KYC something tells me that you won't be willing to send first |
|
|
|
When GOX re-enables BTC withdrawals, BTC price on GOX goes up, right?
The price premium should invert again, yes. Oh, go look at all the fees emptygox is making right now. Just lock up all USD, lock up all BTC, and voila, you will eventually have 100% of all assets. That's one thing i don't get, and people still trade there? |
|
|
|
|
Show Posts
