Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BTCMILLIONAIRE]

Somehow whenever I see an Economist talk I lose more respect for the bunch. And I'm quite fond of Economics in general, too bad it's infested with intellectual toddlers and liars.

https://www.marketwatch.com/story/forget-100000-bitcoin-says-kenneth-rogoff-try-100-instead-2018-03-06

[jbreher]

BBC Radio 4 investigation being broadcast now, into Mt Gox / BTCE and the 'biggest Bitcoin theft ever'.

Fun if you can get it where you are (not sure if it's easy outside the UK).  But some interesting interviews including Karpeles.

https://www.bbc.co.uk/programmes/b09tdyjz

How on earth does a person with a speech impediment get a job in radio?

Is this some demented form of affirmative action?

In Baba Wawa's defence: before she was a newswoman, she was a Righteous Babe.

[jbreher]

<person>  seems to have a lot of anger, which is also inconsistent with someone who has truly invented a paradigm changing system....

Just as a question, why do you think that B follows A?

[Searing]

Somehow whenever I see an Economist talk I lose more respect for the bunch. And I'm quite fond of Economics in general, too bad it's infested with intellectual toddlers and liars.

https://www.marketwatch.com/story/forget-100000-bitcoin-says-kenneth-rogoff-try-100-instead-2018-03-06

But if you call BTC a scam now and are correct, your economic cred will moon. Especially
in Finance or Economics or say a Professor of these.

If you are wrong and BTC thrives. Everyone will forget.

So FUD works. Win/Win.

[BTCMILLIONAIRE]

I wish I had one of those, then I wouldn't have lost 4 terrabytes worth of old sentimental grade data by having two hard drives die simultaneously for no fucking reason.

Ugh. This is tragic to hear. Coming from an IT background in a former life, I've learned about having redundancy for redundancy.

eg: All my main storage is via two Thunderbolt Promise RAID chassis DAS units running RAID5, that are backed up hourly to two Synology NAS' with massive storage capacity with Synology Hybrid RAID.

I've, blessedly, not had a catastrophic failure that I could not recover from within a few hours, over the last 10 years.

With no irony or snark, I'm sorry for your losses.

Meh, it happens. But thanks for the condolences.

I managed to snatch up the last available mint condition hard drives for each of the ones that I had that I could find on the internet.
So I've got some spare heads and PCBs that may or may not help me recover the files in the future.

But for now I've put that on halt since I'd have to move all my crypto holdings around since they are backed up on both of those drives as well and I wouldn't want some data recovery service to snatch them up.

[BTCMILLIONAIRE]

Somehow whenever I see an Economist talk I lose more respect for the bunch. And I'm quite fond of Economics in general, too bad it's infested with intellectual toddlers and liars.

https://www.marketwatch.com/story/forget-100000-bitcoin-says-kenneth-rogoff-try-100-instead-2018-03-06

But if you call BTC a scam now and are correct, your economic cred will moon. Especially
in Finance or Economics or say a Professor of these.

If you are wrong and BTC thrives. Everyone will forget.

So FUD works. Win/Win.

Yeah it's a pretty sad state of affairs. People who can't reason out proper arguments should be banned from any sort of policy making.

I wonder if this is something that will keep existing or if it'll slowly wane off as people gain more access to information.

Seems like it could go both ways. On one hand it's pretty difficult to miss the hypocrisy, lies, and manipulation by certain figures. On the other hand, people at large don't even seem to be interested in figuring out how things work in our world.

[Rosewater Foundation]

how low can we go...

17,200 USD is support level

It will bounce back.  We are just giving the weak hands a good shake.

Hairy, did you hodl all the way down?

[Rosewater Foundation]

Anyone thinking this is the top is in for a surprise. 

because it was the top..

[HairyMaclairy]

Anyone thinking this is the top is in for a surprise. 

because it was the top..

Bahahaha.  It’s still not the top !   . 

[Rosewater Foundation]

Anyone thinking this is the top is in for a surprise. 

because it was the top..

Bahahaha.  It’s still not the top !   . 

I'm trying to decide if you are one of the whales that knows things before they happen. Don't mind me.

[cAPSLOCK]

Anyone thinking this is the top is in for a surprise. 

because it was the top..

Bahahaha.  It’s still not the top !   . 

I'm trying to decide if you are one of the whales that knows things before they happen. Don't mind me.

What's your definition of a whale?

[HairyMaclairy]

how low can we go...

17,200 USD is support level

It will bounce back.  We are just giving the weak hands a good shake.

Hairy, did you hodl all the way down?

I panic sold some at $13,500 and $10,500 on the way down. I FOMOed back in at $6500 and $8700 on the way back up.

[JayJuanGee]

<person>  seems to have a lot of anger, which is also inconsistent with someone who has truly invented a paradigm changing system....

Just as a question, why do you think that B follows A?

I am not trying to prove anything.  I am merely making a comment about the bullshit status of said scammer, craigwright.

It is not even worth discussing about Wright being a scammer in any kind of detail... His personality is not even close to consistent with the personality of Satoshi.

I don't have any kind of burden to show that Wright is not satoshi.. wright or any of his sycophants have the burden to show that he is, satoshi if that is what he or they want(s) to do.. ...

If Wright or his sycophants want to establish that Wright is satoshi, then we need solid evidence and logic to support such assertion, otherwise get the fuck out of here, because he is not .. he is just a scumball scammer, snake oil salesman, pretentious and pompous asshole... that seems fairly obvious from a large majority of his public appearances, and I could give a shit if he happens to be the nicest guy in the world in private, he has shown his low life status in a variety of public ways.

[JayJuanGee]

Anyone thinking this is the top is in for a surprise.  

because it was the top..

Bahahaha.  It’s still not the top !   .  

I'm trying to decide if you are one of the whales that knows things before they happen. Don't mind me.

Stop looking for a sorcerer, there are none.   Even the whales don't really know, even though they have better ability to know what they are going to do and what kind of effect what they are going to do might have on the price, but they do not know anything for sure, either.

 On a personal level, you merely have to pee pare ur selfie for both directions.  HELROW???  And that should not involve setting up an auto-suicide machine.   

[Rosewater Foundation]

Anyone thinking this is the top is in for a surprise. 

because it was the top..

Bahahaha.  It’s still not the top !   . 

I'm trying to decide if you are one of the whales that knows things before they happen. Don't mind me.

What's your definition of a whale?

Going short and having enough coins to make it happen.

[Rosewater Foundation]

Stop looking for a sorcerer, there are none.  You merely have to pee pare ur selfie for both directions.  HELROW???

I'm learning to prepare. But there are sorcerers. Don't kid your selfie.

[jbreher]

I panic sold some at $13,500 and $10,500 on the way down. I FOMOed back in at $6500 and $8700 on the way back up.

Well played. Cheers!

[Dakustaking76]

Can someone explain Why the fuck were going lower again


Not saying big whales selling...


But Why are they selling are they dumb??? Keeping the price down is
Also bad for them Why cash out on this price ??

[jbreher]

<person>  seems to have a lot of anger, which is also inconsistent with someone who has truly invented a paradigm changing system....

Just as a question, why do you think that B follows A?

<blah, blah, blah>

Sorry for the redaction, but your reply had nothing to do with my question. You'll note that I de-personified the inquiry, yet you seem to be determined to talk about CSW.

Why do you think that angry people don't invent paradigm changing systems?

[JayJuanGee]

Stop looking for a sorcerer, there are none.  You merely have to pee pare ur selfie for both directions.  HELROW???

I'm learning to prepare. But there are sorcerers. Don't kid your selfie.

Ok.  fair enough.. deny and use my own phraseology against me... .O.k  I can deal with that.

Let me see if I can reframe this matter, then?

I think that part of my point is that there is nothing wrong with brainstorming with others, and I believe that this forum can prove quite useful in that regard. 

So each of us has differing strategies, but ultimately you have to find a strategy that is tailored for yourself, and there seems to be a lot that Hairy berry is not telling you.  Sure, he panic sold and panic bought at two points that he determined pretty decent odds of which direction the price was going.  His gut instincts seemed to have paid off pretty well, but the fact that he is using the term "panic" buy/sell shows that even he recognizes that he was having to pull some last ditch measures and to kind of change his plans along the way.  So there is a bit of devil in the details and gut reaction and gambling involved in such a strategy.

O..k.  Sure, the more experience you have buying and selling, then the more that you are going to be able to make those kinds of hairy berry plays, and from what I recall, Hairy was not even playing with all of his holdings, but instead a decent portion.. .maybe 30%-40% or something?  Maybe you can clarify this Hairy Berry... but anyhow, he is not playing balls to the walls, and he is also not outlining all of the factors that's triggering him to make his seat of the pants (panic) decision, which by pure definition seems to have been a bit unplanned, ballparking and maybe even throwing darts at a board... wholy shit, Hairy!!!!!!!