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Question: New ATH today?
Yes - 33 (80.5%)
No - 8 (19.5%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25462363 times)
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Last of the V8s
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March 09, 2018, 09:02:15 PM

https://www.bloomberg.com/news/features/2018-03-09/bitcoin-is-ridiculous-blockchain-is-dangerous-paul-ford

This poor slob claims he came across btc in 2009, that his 'math is trash' so he couldn't grok the whitepaper so it's a bubble because other things were bubbles too
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btcbeliever
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March 09, 2018, 09:06:50 PM

As we know, the IRS does not claim that you owe income tax on revenue. The IRS claims you owe income tax on income. Which is revenue minus expenses.
actually the IRS has never defined anywhere in their code what exactly is income.  Moreover there is no where in their code that requires most ordinary people to pay an income tax.  But they will fine you $25000 for making any argument like this. And if you are a great communicator and share these views you may end up in prison, like Sherry Peel Jackson (Sherry Peel Jackson Tells it Like it is, IRS is Fraud - Part1) https://www.youtube.com/watch?v=ooHTg6-Y078
cAPSLOCK
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Volcano Corn!


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March 09, 2018, 09:16:02 PM



? Smiley
HairyMaclairy
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March 09, 2018, 09:18:12 PM

Solid but not 11
sirazimuth
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born once atheist


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March 09, 2018, 09:23:52 PM

...going shooting ...

Give Ted Nugent a buzz. You two would make great buddies...

You should probably leave your safe and cuddly echo chamber from time to time. You realize about 1/3 of all Americans are gun owners, right?

Salty?
jojo69
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1/21000000 , the only math you need to know


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March 09, 2018, 09:30:05 PM

liking my litecoins about now
Last of the V8s
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March 09, 2018, 09:32:21 PM


adapted from HaveIGotNewsForYou
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March 09, 2018, 09:33:33 PM

https://www.bloomberg.com/news/features/2018-03-09/bitcoin-is-ridiculous-blockchain-is-dangerous-paul-ford

This poor slob claims he came across btc in 2009, that his 'math is trash' so he couldn't grok the whitepaper so it's a bubble because other things were bubbles too

Quote
My math is trash, so the Bitcoin white paper made no sense, but I still tried to mine a few coins, without success. I didn’t like wasting my Mac’s central processing unit cycles on folly, so I shrugged the whole thing off.

LOL Mac? As in Apple Macintosh? The guy's obviously a clueless luddite.

Perhaps he should stick to writing. Maybe there's a tabloid hiring somewhere.

 Cheesy
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March 09, 2018, 09:39:44 PM

https://www.bloomberg.com/news/features/2018-03-09/bitcoin-is-ridiculous-blockchain-is-dangerous-paul-ford

This poor slob claims he came across btc in 2009, that his 'math is trash' so he couldn't grok the whitepaper so it's a bubble because other things were bubbles too

Quote
My math is trash, so the Bitcoin white paper made no sense, but I still tried to mine a few coins, without success. I didn’t like wasting my Mac’s central processing unit cycles on folly, so I shrugged the whole thing off.

LOL Mac? As in Apple Macintosh? The guy's obviously a clueless luddite.

Perhaps he should stick to writing. Maybe there's a tabloid hiring somewhere.

 Cheesy

As far as I know there was only a windows wallet available for bitcoin in its early days, no mac wallet. Perhaps he was running windows in a virtual machine on his mac, but his story sounds fishy.

All the 2009 wallets are shown on these two pages, and there doesn't appear to be a mac wallet there.

https://github.com/bitcoin/bitcoin/releases?after=v0.2.11

https://github.com/bitcoin/bitcoin/releases?after=v0.2rc2
Last of the V8s
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March 09, 2018, 09:41:46 PM

perhaps he's ironically pointing out that Bloomberg is utter garbage Huh
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March 09, 2018, 09:44:49 PM

https://www.bloomberg.com/news/features/2018-03-09/bitcoin-is-ridiculous-blockchain-is-dangerous-paul-ford

This poor slob claims he came across btc in 2009, that his 'math is trash' so he couldn't grok the whitepaper so it's a bubble because other things were bubbles too

Lol at that guy, the way he wrote the article seems like he is just trolling the entire community...

where do these people come from? they only want to come out and trash bitcoin when prices are down and they can talk about how they are laughing at us. Roll Eyes
HairyMaclairy
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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.
Raja_MBZ
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March 09, 2018, 09:48:30 PM



*I'm sorry if it falls below $9000*
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March 09, 2018, 09:54:26 PM
Last edit: March 09, 2018, 10:04:28 PM by Searing
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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 my advice to start cautiously buying at $8500 seems to have been ok.


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/

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March 09, 2018, 10:11:50 PM

It’s one of the things that living in the UK is shit for, not being able to carry a gun. WHEN bitcoin moon’s I’m moving to the US & will amass a huge Arsenal of weapons for shit’s & gigs.

To wit, this is one of the reasons I legally conceal carry whenever I leave the house. There are enough people IRL that know what I'm (approximately) worth, and I consider concealed (or open) carrying as insurance against a possible $5 wrench-attack.

In my countys news, like an hour ago, they told us that even common objects like a pen are good to defend against an attacker with a knife, can you belive that? Good luck, lol. Can't make that shit up.

Or were they talking about a pen shot from a gun?  Grin

  Tactical pen;  made from titanium and fitted with a thumb grip... Reasonably priced too!
jojo69
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March 09, 2018, 10:14:12 PM

why did we stop after 2 nukes again?
Last of the V8s
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March 09, 2018, 10:18:56 PM

why did we stop after 2 nukes again?
wat
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March 09, 2018, 10:19:37 PM

dude

you're fucked

It seems like almost any of us can get tempted into selling a bunch of BTC when the price is dropping so fast..

When it is happening, it seems like no bottom, and after about the third or fourth leg down, you can become so fucking tempted to sell - and that frequently can end up being the bottom.

But, yep, could be that the bottom is in.. .  I hope so.  Probably we need to wait for 20 more hours or so, just to be clear that all of the dumpers have had their dumping go at it... and to ensure we are actually done with the dumping, this time around.

Currently, i do have a sense that the dumping is not over, yet.. but what do I know?   

Actually i never feel like selling when its going down. I feel like HODL. I only feel like selling if I’m green. Red? I’d rather die. I’ve done it before and i’m never. Ever. Doing it again.


Maybe you have trained yourself into being a kind of bot?   hahahahahha

Very difficult to keep emotions out of trading... even when you know better...   Always very tempting to sell on the way down and to buy on the way up, which is the opposite of what peeps should be doing when they want to be profitable with a long term bullish asset, such as bitcoin.
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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. 
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1/21000000 , the only math you need to know


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March 09, 2018, 10:25:04 PM

why did we stop after 2 nukes again?
wat

Smug ass Nipponese legal shenanigans are pissing me right the fuck off.
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