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5761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2018, 12:58:25 AM
Not liking the current price. I'm still hoping that we just have a sideways market for a while. Something like Masterlucs year long triangle pattern. Honestly though, it doesn't feel like that is going to happen. Looks as though we will be waiting till the next halving, before anything good happens.  Sad

Fingers crossed for back to 5 figures though  Smiley


12 hours ago V8 suggested a bottom of $7,500 this weekend which seems reasonable. 
5762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2018, 12:44:40 AM
So a P100D is 2.4 to 60mph and 10.4 on the 1/4 mile.   Is acceleration above 60mph or 100mph relevant?   I would like to see some testing data as to how much lateral G a 100D can hold.

Edit:  Motortrend says 0.89 G which is still respectable.  http://www.motortrend.com/cars/tesla/model-s/2017/2017-tesla-model-s-p100d-first-test-review/

I don’t doubt the McLaren out handles the Tesla and would slay it on the ‘Ring. What’s your use case?
5763  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2018, 12:30:49 AM
Hey V8.  You posted a car link awhile ago but I didn’t have time to look it.  What were you looking at?
5764  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 11:57:14 PM
Im probably leaving the market within a week in my final distribution. AMA

Don’t sell it all.   Leave a small, inconsequential stash on a hardware wallet and forget you own it.  Forget for 10 years, until 2028.  

You can thank me later.  Much later.  
5765  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 10:34:40 PM
This isn’t so bad

https://twitter.com/jimbtc/status/972508940910120962

On the Telegram ICO, I can’t help but think it is a scam to defraud the Russian nouveau riche:  https://www.forbes.com/sites/kenrapoza/2018/03/01/dear-crypto-enthusiasts-forget-the-telegram-ico-its-not-for-you/#4e872dd1792e
5766  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 09:47:53 PM
Bitcoin private added to CMC today.  Might be a good time to dump.  
5767  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 09:00:57 PM
What's the logic behind a weekend dump anyway?

Banks are closed so it’s a closed ecosystem. Harder to bring fiat onto the exchange so the dump is more effective.  And it’s Saturday so people have time to sit in front of their computer screens and panic instead of being at work and oblivious.
5768  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 12:02:53 PM
Long / short ratio still bearish at 1.41.  I don’t think anyone should get too comfortable at the current price because risks are still to the downside.  We are due a weekend dump.
my new local bottom is 7500. heard it on the rapevine

A 20% drop from $9,350 is $7,480.  Sounds like a big dip but could be on the money.
5769  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 11:47:08 AM
Long / short ratio still bearish at 1.41.  I don’t think anyone should get too comfortable at the current price because risks are still to the downside.  We are due a weekend dump. It’s $9,358 as I write this.
5770  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 11:35:28 AM
I had not seen that before.  Thank you.

It would be helpful to get the original Japanese and have a second opinion from a native speaker as to the meaning of the bolded words.  

Edit:  google translate gives me “through a virtual currency exchange trader” which could mean either on exchange or OTC.  

If he’s selling it OTC and the market starts to tank, then it’s absolutely prudent for him to dump the coins.  Especially at 20x the value when the bankruptcy occurred.   I know there’s bitching and moaning but an average sell price of $10,500 for that volume looks pretty good to me.  

I think he’s done well, even with the benefit of hindsight.
5771  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 08:23:13 AM
You must be one of those passive agressive bcash lol types. /ignored
5772  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 07:30:56 AM
Neo is down for maintenance again:   https://steemit.com/cryptocurrency/@kjnk/neo-s-blockchain-goes-under-maintenance-as-blockchain-stalls-again
5773  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 06:01:24 AM
Does anyone have a link to the Kraken statement that says coins were sold on Kraken?  

I have seen this but this doesn’t say that the coins were sold on Kraken - it suggests Kraken was completely unaware.  



Creditors report shown below.  There is no mention of whether the coins were sold on or off exchange.



I’m not convinced the coins were sold on exchange. The Mt Gox transfers are not linked to any known exchange account afaik.    I am starting to think the coins were sold OTC and this is all a bullshit FUD campaign.
5774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 04:51:01 AM
It’s just the little people left now. 
5775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 04:27:08 AM
Has anyone identified what exchange the coins were sold on?  Do we have any actual evidence that the coins were sold on market or is it just speculation ?
5776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 03:45:52 AM
I never knew that Bearwhale signed a UASF message.

https://www.reddit.com/r/Bitcoin/comments/6d2tp1/i_am_the_bearwhale_uasf_now/
5777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 01:30:24 AM

I called all your advice bad and I feel bad. Undecided
Water under the bridge?

It’s cool bro.  No homo. 
5778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2018, 12:41:22 AM
5779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2018, 10:24:27 PM
Till we get to 11k again and the mt. gox trustee dumps (500 million down ...1.5 billion to go!) this could get really really old a yo/yo from say 11k to 8k rollercoaster......

ADDED:

here is the link

https://www.newsbtc.com/2018/03/09/trustee-triggers-second-major-bitcoin-price-crash-related-to-mt-gox/



Totally agree which is why I have stopped trading.  There’s no established trend to work with.  Good for bots and ladders but those have their own risks. 
5780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2018, 09:45:22 PM
What is happening guys?

Everyone is talking about gox??

Why are we going down?? This is hell not good..

How are you ever going to be rich if you don’t buy into the dip?  Just plan ahead so you still have firepower left if it keeps falling.

You should probably stop giving advice. It's been bad

It’s as good as free advice gets.  I’m telling people to start buying cautiously at 57% below ATH but hold back fiat to cover it going lower.   There’s nothing wrong with that.  

You will recall our conversation from two days ago when I said I had FOMOed back in at $6500 and $8500.  Well here are again.   I’m done buying at $6500 and $8500 but I will definitely be buying again sub$5k if we get there.

12 hours later when we are now just above $9k my advice to start cautiously buying at $8500 seems to have been ok.
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