Are you sure?

I know it feels like it's possible there might not have been enough pain to confirm the bottom...

But I just took a look back on an admittedly unconventional 3-day (rather than weekly) chart basis with 200 / 50 MAs plotted for the past few months.  Note 'death cross', heavy drop and increase in volume pattern from mid-Nov to early Dec.

Of course, as I am now pretty much back to fully all-in, this plays into my personal, biased requirement for confirmation that we've already seen the bottom - but it does look like a capitulation to me...



Edited: typos

I must have missed your earlier post, so thanks / merci bien.  I wasn't saying it was not true, on the contrary, I felt it probably was.  

Very well written Mic.

Slight change in style...

Hey Jimbo - good to see you're away from the cold snap, but when are you due back?  

Be good to know so I can get some more fiat back into an exchange on time

So Hamas uses BTC to get around sanctions, according to US /Israeli sources.  Having had a quick peek around, it's not so reported elsewhere, mind. Pinch of salt, but it's not implausible.

^ Isn't Chinese New Year the 5th?

India and Indonesia alone account for what, 20% of the world's population? If this map is accurate, even at 1% that is around the 15 million mark, in just these two nations.  I am not sure whether to be sceptical, or blown away.

To extrapolate: with the rest of the world rolled in, if true this means many tens of millions of people - turned on and tuned in.  When I first was on this forum it was like being in a fringe group of nerdy anarchic oddballs.  Bitcoin getting a tiny mention in a major newspaper was a thing. 

Now there are more Bitcoin users than the population count of most European countries. 

Not dismissive:






Ok, even if I allow you are not making a political argument, as you assert - how is your argument well-made?

You seem to argue that if someone is suffering from ANY injustice they should have no recourse; they should just ‘shut the fuck up’?

If in their state (for example) their politicians are corrupt, they are stolen from or repressed and they have no recourse to the rule of law as the police are corrupt too - then they should never complain, but just ‘seek incremental improvements’ rather than bother anyone who else who might perhaps be happily in an arguably more free and more privileged position, such as the one in which you and I are?

I am not seeking to attack you, but the flaws in your arguments and the way you seek to win them.  You have seemed reasonable and I thought posted well until this point.  Now you are coming across in a way that seems ill-considered, angry, elitist, dismissive and self-righteous.

Shouting louder does not make you right. Also, dismissing all ‘complaints’ wholesale without exception is by definition blind prejudice, which is unreasonable.

Someone wanting to advocate for others in a way you do not agree with is not automatically 'retarded' or 'evil, nor do they have to ‘eat shit’ or be an object of your overbearing disdain.  This is plainly over the top.

We are all at least loosely aligned here in the respect we are fans of Bitcoin (with one out two exceptions I can think of).  I know my own views are not wholly shared, but I rarely challenge the opinions of others I disagree with unless they step over the line into angry vitriol to make a point which may well be a valid opinion, but is not a fact.

Lastly:

https://en.wikipedia.org/wiki/Godwin%27s_law

'…there is a tradition in many newsgroups and other Internet discussion forums that, when a Hitler comparison is made, the thread is finished and whoever made the comparison loses whatever debate is in progress.'

Now, if you will excuse me, I am off to take your advice and seek out incremental improvements to my lifestyle, which is something I would happily advocate to others - just not in the way you do.

Have a nice day.

Thanks, saw TradeOgre mentioned before when I was looking, but having not traded before on any exchange listing Grin right now, I plumped for BitForex.

BitForex 'seems' ok - I didn't spot anything too fishy, to be frank.  But a recommendation from a fellow WO junkie is always a little easier to follow

OK - that's news to me, I will research it - do feel free to suggest a better one for Grin?

(edited)

I don't think Jojo is at all illiterate, nor do I see your 'life advice' as unpolitical.  How can being so dismissive of other views by calling them illiterate, or dismissing advocacy on behalf of those experiencing modern slavery, as Hairy I recall was (which it is reasonable to say with some certainty does exist) come from anything but a dogmatic, if not patently political stance?

If it does go above that .00385 local high, it might kick off a fair bit higher.  Watching with interest....  It's been worth market-making (in my tiny way) so far.  It's such an unknown quantity, I am more interested in not having expensive bags than accumulating massively.

I haven't explored BitForex but you look like you are at least using its chart, so d'you know if you can check trading stats on Bitforex - like Polo's trading analysis (to show average cost)?

The old legend speaks of a Wizard from the North who took the pants* from those they call the Wall Observer OGs.

We must go on a quest, be vigilant for signs.  If the Wizard can be found, or persuaded to return we may be saved.

*or 'trousers' in one case.

Ooh, decent price to wake up to.

Got in after Hairy set up this thread yesterday, around 0.0019 ($7, I think) via BitForex. I was waiting for an exchange I was already signed up to, but it was already looking a little late.

Lost interest in watching when it seemed to stall at 0.0022 ish...   So I left speculative sells of 25% of my initial buy-in at steps of 0.0027 and 0.00325, to at least average down if it spiked up before what looked like the 'inevitable' (?) dump.

Obvs I now wish I had bought more...

Now hovering for dips with a bit of a cushion on average buy to shore me up, so am rather pleased with this cheeky little bugger of a coin which I have been following for sometime via the dev's Github thread.

I still think it will settle down, but as it slowly rolls out like this, it looks rather organic and un-hyped; genuine, even.  It bodes well.  If exchanges open slowly and demand keeps up as the interest grows and devours supply, there might still be some upward movement yet. The interest from Theymos and so many WO stalwarts are obviously positive.

Any semi-major established exchange opening up now could see demand outstrip supply. Even Bittrex, say?

Over 0.0016 now, an impressive 39% increase.

I've been waiting for an exchange I'm already using to list it, but it seems I am missing out on some decent volatility.  

I am expecting Grin to follow a pattern a little more akin to Monero's, which had a lot of interest in advance, no institutional backing, idealistic devs, fair launch etc.  Monero's initial trading range was higher than it got back to for many months, then there was no serious rise until two years had passed.  

The lack of major exchange listing when supply is relatively low is balancing things right now. It's a Goldilocks price.  I would expect more spikes up as larger exchanges come on board, but medium term a slide as the large emission takes it's toll and supply swamps demand in a flat(ish) general market that is still seeing BTC dominance high.

Long term (and the market is more mature, so things should move faster than when Monero appeared) if the tech proves its use case, supply and demand will tend to balance out and of course there should be a bull run to help out.

TLDR:
IMHO: Probably no rush to buy - but if you want in now, be prepared to trade, average down and accumulate for a while.

Gut feeling?

The majority of those still around since back then and assiduous enough to have gone through the claims procedure, are unlikely to be so stupid as to sell on the spot at this point in the cycle.

The risk is only that a handful of accounts with larger balances that made up the entire stash of the claimant, might be wanting to realise 'some' cash. The further out of the crypto winter the market is, I think the greater the resilience of the market to bad news will be and any dump will be temporary, relatively insignificant and frankly, snapped up.

It does seem tortuous.  They asked everyone to resubmit claims, too - years after the original submission. If you'd changed emails between claim points or forgotten your login, you could have been disqualified.  So that will have slimmed the numbers down.

Also, on the original claim you could ask for cash, or Bitcoin. At that time, some must have opted for cash, as BTC was not exactly on a roll.  The numbers of claimants getting this far shouldn't be so high to be difficult to sort out.

I reckon some will have not bothered with claiming, it's not been exactly easy.  So I wonder if this will up the pot for payout to those who've persevered.   

Any sensible estimates on % likely to be paid out?  I recall a figure of 25% being touted around...  I would be happy with that (or above). Didn't have many on there, not even a handful - was fortunate to get most out before it got too bad.

Never say never, but if it's anytime in the next few months... HODL.  I doubt anyone here would feel different.

Edit: You just reminded me, I bought Gox coins on BitcoinBuilder too, way back.  Better make sure I can still claim 'em if and when....  Will hodl them too, natch