Bitcoin Forum
September 30, 2022, 09:46:49 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

Pages: « 1 ... 19897 19898 19899 19900 19901 19902 19903 19904 19905 19906 19907 19908 19909 19910 19911 19912 19913 19914 19915 19916 19917 19918 19919 19920 19921 19922 19923 19924 19925 19926 19927 19928 19929 19930 19931 19932 19933 19934 19935 19936 19937 19938 19939 19940 19941 19942 19943 19944 19945 19946 [19947] 19948 19949 19950 19951 19952 19953 19954 19955 19956 19957 19958 19959 19960 19961 19962 19963 19964 19965 19966 19967 19968 19969 19970 19971 19972 19973 19974 19975 19976 19977 19978 19979 19980 19981 19982 19983 19984 19985 19986 19987 19988 19989 19990 19991 19992 19993 19994 19995 19996 19997 ... 31380 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25816409 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 5 users with 9 merit deleted.)
jojo69
Legendary
*
Offline Offline

Activity: 2590
Merit: 3611


1/21000000 , the only math you need to know


View Profile
March 26, 2018, 03:38:30 PM



Don't be so sure about that. There's a very good chance that the remaining Gox coins will be distributed to creditors.



On what do you base this assertion?

While I admit I am no expert on Japanese bankruptcy law, and do not read the language, all the translated material I have read suggests exactly the opposite, that all claims will be settled in fiat.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1664531209
Hero Member
*
Offline Offline

Posts: 1664531209

View Profile Personal Message (Offline)

Ignore
1664531209
Reply with quote  #2

1664531209
Report to moderator
1664531209
Hero Member
*
Offline Offline

Posts: 1664531209

View Profile Personal Message (Offline)

Ignore
1664531209
Reply with quote  #2

1664531209
Report to moderator
1664531209
Hero Member
*
Offline Offline

Posts: 1664531209

View Profile Personal Message (Offline)

Ignore
1664531209
Reply with quote  #2

1664531209
Report to moderator
samson
Legendary
*
Offline Offline

Activity: 2092
Merit: 1067


View Profile
March 26, 2018, 03:52:47 PM
Merited by d_eddie (1), bones261 (1), Last of the V8s (1), HairyMaclairy (1)



Don't be so sure about that. There's a very good chance that the remaining Gox coins will be distributed to creditors.



On what do you base this assertion?

While I admit I am no expert on Japanese bankruptcy law, and do not read the language, all the translated material I have read suggests exactly the opposite, that all claims will be settled in fiat.

A court appointed examiner has been reviewing the case with a view to bringing MtGox out of bankruptcy and into Civil Rehabilitation.

The results on whether Civil Rehabilitation will happen should be released some time soon, within about two months is pretty normal based on what I've read. That should be around May or before.

What we do know is that this examiner could have rejected a move to Civil Rehabilitation - this is happened before, however this time the Civil Rehabilitation was not rejected.

Apparently there is a good chance it will go ahead so long as certain conditions which are not public at the moment can be met. There are several law firms working towards this end right now.

I know this because I'm a member of one of the groups of creditors pushing for a move to Civil Rehabilitation as it's what our lawyers advised last October.

Either we get our coins back or we will drag this out for years with appeals all the way to the supreme court.

Edit : You're right about the bankruptcy law, this is why we needed to move the company to Civil Rehabilitation where the rules are different....
jojo69
Legendary
*
Offline Offline

Activity: 2590
Merit: 3611


1/21000000 , the only math you need to know


View Profile
March 26, 2018, 03:57:56 PM

Interesting samson, thank you.
RejectedBanana
Sr. Member
****
Offline Offline

Activity: 406
Merit: 551


I am a banana.


View Profile
March 26, 2018, 04:01:08 PM

We're now on month three of higher lows and lower highs. Not much foot or head room to keep playing this game, two or three weeks tops before one or the other trend line breaks.

Anyone pay attention to ALFAquote's Fair Price Index? The market certainly doesn't seem to. Too bad something like this doesn't make it on MSM finance reporting, to help with price discovery, futures, sentiment, etc.



Are there other published indices like these? Stocks and equity markets have all kinds of economic indicators to guide fair value. Methinks this is sorely needed in the crypto world, too, and tying it to spot mining costs is probably about as good it can get.

How low is low enough for bulls to realize these are already bargain bin prices? For any remaining butt-hurt bears on the fence to finally GTFO and leave us to our rockets, trains and violins?
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 26, 2018, 04:13:18 PM

What electricity price do they use in their model?

Edit:  seems detailed information regarding calculation is not available which is a shame.  
Arriemoller
Legendary
*
Offline Offline

Activity: 2058
Merit: 1622


Cлaвa Укpaїнi!


View Profile
March 26, 2018, 04:27:27 PM

So. I was going to sell some of my stash this summer to pay of all my loans and then retire and live of my passive income that I have from my disability pension, some insurances that pays out monthly and some other stuff. That would give me a nice middle class life with no worries. And as a nice topping on the cake I would get to see the face of my employer when I tell him I quit. I'm one of only two guys who knows how to do that special job right now and he would be in a state of slight panic. He is also a real asshole, which is why that would have given me much rejoice.

But to my great disappointment he went belly up a month ago, so I have been without a job for a month now, and have to sell right now instead of in the summer. Bad timing but nothing I can do about it.
I just sold one fourth of my stash and when the money hits my bank account tomorrow I will immediately pay of all debts and bills. and then I will take a tour of nostalgia to places in my life, an actual tour through the city that is.
I will stop and reminisce on the places I have lived and the places I have worked and other significant places from my life, and then I will just go somewhere and have a cup of coffee and enjoy total freedom from work and debt.
I am now officially retired at 57 and it feels great.
Another of us who breaks out. Way to go, Arriemoller. Wherever you want!

Thank you d_eddie.
d_eddie
Legendary
*
Offline Offline

Activity: 1904
Merit: 2030



View Profile
March 26, 2018, 04:56:10 PM

We're now on month three of higher lows and lower highs. Not much foot or head room to keep playing this game, two or three weeks tops before one or the other trend line breaks.

You watch the playground closely, as we know from your beautiful letters to Mom & Pop.
I appreciate your tentative timing. I would agree with it, but what do I know?

What I'd like to hear from you is: any hints or hunches as to which trend line seems easier to snap?

Toxic2040
Legendary
*
Offline Offline

Activity: 1442
Merit: 3245



View Profile
March 26, 2018, 05:02:24 PM

Quote
Who spends waaay to much time trying to "save" us from the evils of a digital future not to have any skin in the game.

-many good words snipped-

I am now officially retired at 57 and it feels great.

+1 WOsMerit Congrats Arrie... I am sure you are going to love it! Walking a couple miles a day is the key.

Such doom. Remind me to not listen to people. Roll Eyes

Quote
Kill him...get Vitalik on the line

I want that stack of pants back...

+1 WoSMerit  Smiley

+2 WOsMerits  The ones with the lower case "o" just are not quite as powerful..

+1 WOsMerit @samson yep..thanks for the info..   fyi...most attorneys recommend not discussing ongoing litigation..ymmv.

Nothing but good news coming in and the price is going down...huh.. Sheeples should not own bitcoin imo. Please..more weak hands need to sell..we can get this down to 6k or lower I am sure.


i am thinking that doing the opposite of what ever i say at this point might be the best advice i can give. #dyor #btfd
Phil_S
Legendary
*
Offline Offline

Activity: 1834
Merit: 1328


We choose to go to the moon


View Profile
March 26, 2018, 05:11:19 PM

About 100 days since ATH... and now we're under 8000. Depressing.
bikerleszno
Hero Member
*****
Offline Offline

Activity: 656
Merit: 501


XBY - New Tech Coin (POSIGN) xtrabytes.global


View Profile WWW
March 26, 2018, 05:13:53 PM

First we have to retest 6k$ and then we will go back to 12k$ and more
d_eddie
Legendary
*
Offline Offline

Activity: 1904
Merit: 2030



View Profile
March 26, 2018, 05:17:25 PM

8k broken
someone should be glad not to have said "never ever"  Wink
mike4001
Sr. Member
****
Offline Offline

Activity: 443
Merit: 260


View Profile
March 26, 2018, 05:18:09 PM

Down we go.

Is there still anyone out there believing we will go above 10k in the foreseeable future?
pacman7331
Full Member
***
Offline Offline

Activity: 638
Merit: 118



View Profile
March 26, 2018, 05:19:58 PM
Last edit: March 26, 2018, 05:32:09 PM by pacman7331

Wow. Bitcoin has food poisoning.
Lost on that trade.  Shocked
Next support level 7500 then 7300.
Bitcoin vomit all over my screen.
d_eddie
Legendary
*
Offline Offline

Activity: 1904
Merit: 2030



View Profile
March 26, 2018, 05:24:04 PM

Down we go.

Is there still anyone out there believing we will go above 10k in the foreseeable future?
I do. It's just the exact sequence of ups and downs that eludes me, unfortunately!

This is just the first shake. Brace yourselves, gentlemen.
pacman7331
Full Member
***
Offline Offline

Activity: 638
Merit: 118



View Profile
March 26, 2018, 05:25:25 PM

First we have to retest 6k$ and then we will go back to 12k$ and more

No... we should be getting a death cross soon. Bear market follows. The last one lasted 1.5 years. Only broke out of it when the godlen cross (opposite of death cross) happened. 12k ain’t gonna happen after the death cross. 10k not likely either.
InvoKing
Legendary
*
Offline Offline

Activity: 2114
Merit: 1065


✋(▀Ĺ̯ ▀-͠ )


View Profile WWW
March 26, 2018, 05:27:00 PM

8k broken
someone should be glad not to have said "never ever"  Wink

Someone has to remove March.
Better solution : years should start with December and end with December!
Raja_MBZ
Legendary
*
Offline Offline

Activity: 1862
Merit: 1488



View Profile
March 26, 2018, 05:29:54 PM

Jump to $8400 coming up next tomorrow.

Then $84000 by 2019.

Then a million by 2020.

Can anyone be more bullish than me?
Phil_S
Legendary
*
Offline Offline

Activity: 1834
Merit: 1328


We choose to go to the moon


View Profile
March 26, 2018, 05:31:21 PM

Stopped at 40% of ATH, for now...

At least I never offered anything, d_eddie. Smiley
Raja_MBZ
Legendary
*
Offline Offline

Activity: 1862
Merit: 1488



View Profile
March 26, 2018, 05:41:12 PM

CNBC found the reason for the dip:

https://twitter.com/CNBC/status/978325069117181955

Sounds hilarious. It's probably not because of the ads. Roll Eyes
Torque
Legendary
*
Offline Offline

Activity: 2996
Merit: 4066



View Profile
March 26, 2018, 06:07:15 PM

Pages: « 1 ... 19897 19898 19899 19900 19901 19902 19903 19904 19905 19906 19907 19908 19909 19910 19911 19912 19913 19914 19915 19916 19917 19918 19919 19920 19921 19922 19923 19924 19925 19926 19927 19928 19929 19930 19931 19932 19933 19934 19935 19936 19937 19938 19939 19940 19941 19942 19943 19944 19945 19946 [19947] 19948 19949 19950 19951 19952 19953 19954 19955 19956 19957 19958 19959 19960 19961 19962 19963 19964 19965 19966 19967 19968 19969 19970 19971 19972 19973 19974 19975 19976 19977 19978 19979 19980 19981 19982 19983 19984 19985 19986 19987 19988 19989 19990 19991 19992 19993 19994 19995 19996 19997 ... 31380 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!