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3481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2018, 08:29:44 PM
I voted for this poll about the most entertaining person on bitcointalk.

https://bitcointalk.org/index.php?topic=5008800.0

I ticked Bob, V8 and mic. Wildly different styles, but all established wall observers and entertaining posters. There was no shortage of worthy alternative candidates, but someone who doesn't post at least semi-regularly in the WOT can't be too entertaining, now can they?

Bruno/yutucoin is leading at the moment.

I slidly had the same vote only didn’t vote myself but rosewater instead .... also all Wall observers  Roll Eyes
And enjoy there post as well ..... Grin

The Mayor is much more entertaining than despondent, closet-bound Rosewater. Quite another league. The Mayor League, probably.
3482  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2018, 07:37:18 PM
I voted for this poll about the most entertaining person on bitcointalk.

https://bitcointalk.org/index.php?topic=5008800.0

I ticked Bob, V8 and mic. Wildly different styles, but all established wall observers and entertaining posters. There was no shortage of worthy alternative candidates, but someone who doesn't post at least semi-regularly in the WOT can't be too entertaining, now can they?

Bruno/yutucoin is leading at the moment.
3483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2018, 11:13:43 AM
We have a Bart forming boys? Looks like if it forms we would jump back to $6900 area.
I was expecting the upBart yesterday, about $300 ago. There was no such move. I was expecting some more sliding, and there it was, faster than I thought. I doubt we'll see much UP action until Monday.

Disclaimer: as usual with SOMA, I might (and will) be wrong, but my play money is where my tongue is. And my play money (game started with the mammoth sightings circa March 2018) is quite happy.
3484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2018, 02:31:56 AM
I advise everyone to go long on bcash with 100x leverage!

Hm, too late. I missed the (local) top already. But thanks for the advice.

I thought we're not supposed to talk about alts in this thread? Cheesy

You need an activity over 1700, then your defence points will be high enough to deflect infofront's Bitcoin laser. You will incur some damage however, so give yourself time to heal.

I suppose infofront's activity is high enough to deflect his own laser, too. He just calibrates beam power below his own defence points, so he can shoot at will in any direction wihout any fear of stray reflections hitting him back. Mirrors are a bitch.
3485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2018, 01:44:49 AM
Despite the market falling sharply today, I am still very bullish as regard  bitcoin price, I think recovery of the losses incurred today will be compensated before weekend

No time for that. Weekends begin on thursdays, didn't you know?

I was expecting mid-high 6k's up to now, but we're marching a bit faster than scheduled.

Brace yourselves, gentlemen. This might be a little rough.
3486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 01:52:05 PM
however i am patient in this kind of things .... luckely  Grin
Patience is the key virtue for us.

As for the short term, if I were to go wild with SOMA predictions, I'd say I'm expecting a Bart upramp landing halfway down today's cliff. 71xx area.
3487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 01:00:44 PM
My friend was talking about 4-4.3K ..... the real fear for Some hodlers that think they are real hodlers must be tested .... i was feeling to punch Him square in the face  Roll Eyes

I do not mind Going there but its my private BTC guru and from Him i only wanna hear BULLISH over BULLISH things
Its good his long term vision (big picture thing is extremely BULLISH)  but the man got a very good price feeling or whatsoever “he didn’t believe we are taking of yet - let Him be wrong  Tongue
I'm with your guru on this one. We need a little real capitulation. I'm afraid this is only foreplay.
3488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 12:58:57 PM
Bitcoin Diamond   #REKT




That’s some serious fucking manipulation there

Yeah. It's the same shape I saw (on BTC-USD) a bit earlier, when I said:

I've seen a sharp, quick drop.

(snip)

Mid-high 6k's are likely IMO (SOMA).

It didn't exactly take a wizard to know what was happening.
3489  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 11:31:34 AM
Barely over 7k again. I definitely feel the tree shaking. We're in for a fun weekend, starting tomorrow.

As in significantly down?
As in "if I only knew, I would be getting rich instead of posting here."

But SOMA, yes, I see some more downside, possibly with alternating ramps up.
3490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 11:22:38 AM
Barely over 7k again. I definitely feel the tree shaking. We're in for a fun weekend, starting tomorrow.
3491  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 11:08:57 AM
High 6k's, here we come.
3492  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 10:25:04 AM
looks like price is dropping - do you think it'll hit $6k again?

I've seen a sharp, quick drop. My new short is in the green. The long is suffering a bit, but it gave some fruits already.

Mid-high 6k's are likely IMO (SOMA).
3493  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2018, 10:20:28 AM
For those of you who don’t venture into Meta, they currently have a poll running - Most entertaining person on btctalk - 3 votes per user - Some of you guys are listed as options!

https://bitcointalk.org/index.php?topic=5008800.0

Bob and V8 are there. This is no surprise.
And "young" micgoossens is on the list too!!  Shocked  Grin Grin Grin I see another legend in the making. Well, a hero at least.

No Hairy, though. And Jimbo is missing, too. I find his "Good morning bitcoinland"s and "Go bitcoin go"s refreshing, reassuring and soothing - if not exactly entertaining.
3494  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 06:19:32 PM
Anybody know if there is any place to get 10x and 20x leverage?

Okcoin doesn't seem to have it anymore  Embarrassed
Bitmex does 100.

All the long/short rekts published (among others) by Boblawlaw are just a coincidence  Grin
3495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 03:16:13 PM
OT - Warren Buffett thinks that stock buybacks are "the best use of capital"
https://www.cnbc.com/2018/08/31/warren-buffett-explains-the-enduring-power-of-stock-buybacks.html

Translation:
"Instead of cap ex investing, companies should buyback their own overpriced stock shares with free money from the gov't so that they can sell them at an even higher price to the ignorant greater fool Average Joes in the future when the economy recovers!"

Gaslighting the public at its finest, lol  Roll Eyes

Buffett in particular has always been more careful than others with buybacks - insisting on a low price/book value ratio before actually buying back. But he recently pulled up the minimum threshold, as I'm sure you know.

Buffett's attitude is similar with regards to dividends. "Just sell some," he says.

The guy's biased as an old school cobalt tape, but he is no dummy and does know about value - at least in his old-school stocks and securities realm.



Buffet says buy bitcoin it's better than any derivative Wink weeeee

Better than its derivatives, allright. It's the devil and doomed to fail anyway. We all know 90 year olds really get this new magical internet money tech, don't they?
3496  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 03:13:52 PM
Well gentlemen, on this positive note I must beg my third extended absence from the thread this summer.  Got to go stack up some fiat for the dip, be the better part of two weeks.

Catching back up really is a chore, if you all could keep it to, say, three pages per day that would be great.

As always, don't kill crypto while I'm out.

Hope the two tweeks will be made of good days. Oh, and make it a big stack if you can.

As for keeping it under 3 pages, a large ignore file helps. Not that I have one. My last catch-up game has lasted almost a full week. No fun. If there are octopus/squid news, I'll keep you updated Wink
3497  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 12:31:24 PM
OT - Warren Buffett thinks that stock buybacks are "the best use of capital"
https://www.cnbc.com/2018/08/31/warren-buffett-explains-the-enduring-power-of-stock-buybacks.html

Translation:
"Instead of cap ex investing, companies should buyback their own overpriced stock shares with free money from the gov't so that they can sell them at an even higher price to the ignorant greater fool Average Joes in the future when the economy recovers!"

Gaslighting the public at its finest, lol  Roll Eyes

Buffett in particular has always been more careful than others with buybacks - insisting on a low price/book value ratio before actually buying back. But he recently pulled up the minimum threshold, as I'm sure you know.

Buffett's attitude is similar with regards to dividends. "Just sell some," he says.

The guy's biased as an old school cobalt tape, but he is no dummy and does know about value - at least in his old-school stocks and securities realm.

3498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 12:17:16 PM
It feels like a Monday. And it's an UP Monday! Smiley
3499  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 09:42:21 AM
Bottom line the trend is clear, their BTC reserves are going down and bcash reserves are going up. Only one of those two is sustainable. And trends point to their BTC piggy bank already being exhausted. I'd love to short that turd on day one if they actually find enough idiots to carry them into IPO with those books. (How about we dump $10MM into illiquid market that we control thus bringing up our pre-ipo market cap by few billions! genius! Now who wants to buy these?)

Can't wait for the news, first blockchain IPO flaps on the opening day and "bitcoin" will die one more time

I have mixed feelings on this one. For once I have always been very critic with some (not all to be honest) of Bitmain tactics and, mainly, I think they are a menace due to their almost monopolistic control of the mining hardware (something that seems to be lowering though)... but, OTOH, I don't think a complete instant failure would be good.

I would very much prefer they just go slowly down into irrelevancy over the years. The problem here is that they seem to be working hard to go belly up as fast as they can and that could have a negative short term impact on the ecosystem. Good thing their BTC reserves doesn't seem to be a huge threat right now as it would have been the case in 2017.

I am with bitserve on this one. To quote the greats, we need another shitstorm like we need a hole in our heads. And as long as it's impossible to produce an accurate estimate of their BTC reserves, we can't possibly know how many waves, and how big, their death throes can create.
3500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 03, 2018, 01:02:57 PM
Random thought re: the funny Monday spikes and dents, and the almost non-existent action. It's like a long weekend because of Labor Day. Market action, see you tomorrow.
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