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

[wachtwoord]

Final results from the last one:

im not sure what to make of that, as most WO folk should always be more or less in accumulate mode unless in financial distress or the profit at the time is too good to pass up, say to exchange into some other type of wealth or holding. so dumping, especially at 4k USD, doesnt make sense to me, especially as most of us think it will ultimately be much higher down the road.

maybe some folk are treating it as a bonus to spend?

i voted hodl of course. im curious as to the reasons some voted "dump."

full disclosure: last December, after the October deadline, i logged into mtgox for lulz (1st time logging into it since it went under) and found i actually had a btc balance. i was like wtf could of sworn i emptied it out. but low and behold i was wrong. so submitted a claim as the site still let me do it even though it was after that October deadline, and *poof* find my claim is accepted in that email that recently went out.

The vote was not what you would do but rather what mt Gox creditors would do.

On aggregate I expect a lot of selling of people no longer interested in the investment or who can use a financial windfall for normal life expenses (marriage, children, vacation, house, debt, medical expenses etc.) with or without gentle pressure from a significant other.

Life has continued on since early 2014

[barota]

P.S : glad to see some green again today !

Hope it stay green for few days. Mission $5k 🙂

Mission is on,keep holding your funds guys.

i agree with you .. prices can return to up 5000 usd per btc Before June by holding

[zhekinsp]

P.S : glad to see some green again today !

Hope it stay green for few days. Mission $5k 🙂

Mission is on,keep holding your funds guys.

i agree with you .. prices can return to up 5000 usd per btc Before June by holding

June looks too long expected to see before june.Just based on view I don't have any analysis on it since I am long term holder.

[El duderino_]

haha loved this one just noticed it when i was adding some on the game (just merited a post could merit the avatar )


of-course this also provides JJG some very strong evidence on his delusional thought about the Micg team could actually be right

Cause and effect. Maybe JJG causes team MicG to come into existence?

haha, imagine that, but then again a team to do what? convince unknowing people that BTC is a must BUY

[vapourminer]

Final results from the last one:

im not sure what to make of that, as most WO folk should always be more or less in accumulate mode [...]

i voted hodl of course. im curious as to the reasons some voted "dump."

The vote was not what you would do but rather what mt Gox creditors would do.

On aggregate I expect a lot of selling of people no longer interested in the investment or who can use a financial windfall for normal life expenses (marriage, children, vacation, house, debt, medical expenses etc.) with or without gentle pressure from a significant other.

Life has continued on since early 2014

the poll caption reads "what do you think most of the Mt. Gox recipients will do upon receiving their BTC/BCH"

thanks for your explanation as to dumping.

[wachtwoord]

That is most definitely not what was meant in the poll.

[vapourminer]

That is most definitely not what was meant in the poll.

my bad then.

still curious as to reasonings for dumping vs hodling though.

[xhomerx10]

haha loved this one just noticed it when i was adding some on the game (just merited a post could merit the avatar )


of-course this also provides JJG some very strong evidence on his delusional thought about the Micg team could actually be right

 G0 G0 Globb0!  Congrats on reaching legendary status.
Go0d catch Mr MicG!

[wachtwoord]

That is most definitely not what was meant in the poll.

my bad then.

still curious as to reasonings for dumping vs hodling though.

I tried to answer that above. Do you disagree these are valid reasons for a lot of people? (Not you)

[bitserve]

That is most definitely not what was meant in the poll.

YOu should not take into account the small hodlers like us. What is really critical is what the HUGE hodlers there will do. Well, most of them already have HUGE stashes outside of mtgox... they have already sold whatever they wanted to sell. I don't think they are waiting for the gox  reimbursement to sell.

My prediction is that most of the gox coins will be hodl... And I voted accordingly.

[El duderino_]

haha loved this one just noticed it when i was adding some on the game (just merited a post could merit the avatar )


of-course this also provides JJG some very strong evidence on his delusional thought about the Micg team could actually be right

 G0 G0 Globb0!  Congrats on reaching legendary status.
Go0d catch Mr MicG!

No..... still a looooong way to legendary :/

[vapourminer]

PSA

make sure you have a regular backup strategy and that it actually works.

in my case a few days ago lost the primary drive in this daily driver, a Samsung 840 pro a bit over 5 years old. took out my installed programs and documents folder. (btc blockchain and games are on separate ssds and i keep a lot of copies of stuff in a 1 TB spinner raid 1 array on this rig, they were and are fine).

however, i had a full drive image 2 weeks old, and a documents backup from the night before. used the opportunity to get a bigger ssd via amazon prime so two days later i image the new drive from backup, copy the documents backup over and i had everything basically back to the proceedings nights status. turns out the old ssd still could access most files and recovered the stuff that i had done that day, minus a few emails in the local copy of outlook. a self test of the 840 pro ssd  i ran after this was all over failed. oh, and  image and documents backups are on a freenas rig with the equivalent of raid 5.


TL;DR
backup regularly, and TEST your backup strategy regularly.

[xhomerx10]

haha loved this one just noticed it when i was adding some on the game (just merited a post could merit the avatar )


of-course this also provides JJG some very strong evidence on his delusional thought about the Micg team could actually be right

 G0 G0 Globb0!  Congrats on reaching legendary status.
Go0d catch Mr MicG!

No..... still a looooong way to legendary :/

 I knew that someone was on the cusp of legendary status and when I saw the Globb0 image you posted I thought it was him!  Now I see the error of my ways. 
I'll go back to chasing squirrels...

[vapourminer]

That is most definitely not what was meant in the poll.

my bad then.

still curious as to reasonings for dumping vs hodling though.

I tried to answer that above. Do you disagree these are valid reasons for a lot of people? (Not you)

makes sense to me that if people got burned big time and swore off btc when mtgox went down they could lose trust and cash out at 1st opportunity.

but this is the WO thread. thats why i was surprised, are not most of us here believers in btc?

lots of lurkers voted maybe?

[wachtwoord]

That is most definitely not what was meant in the poll.

YOu should not take into account the small hodlers like us. What is really critical is what the HUGE hodlers there will do. Well, most of them already have HUGE stashes outside of mtgox... they have already sold whatever they wanted to sell. I don't think they are waiting for the gox  reimbursement to sell.

My prediction is that most of the gox coins will be hodl... And I voted accordingly.

That could be true. Is there any data available about the distribution of claim sizes at mt Gox? Is the majority of the total claim amount part of small claims or large ones?

[wachtwoord]

That is most definitely not what was meant in the poll.

my bad then.

still curious as to reasonings for dumping vs hodling though.

I tried to answer that above. Do you disagree these are valid reasons for a lot of people? (Not you)

makes sense to me that if people got burned big time and swore off btc when mtgox went down they would lose trust and cash out at 1st opportunity.

but this is the WO thread. thats why i was surprised, are not most of us here believers in btc?

lots of lurkers voted maybe?

 I think most mt gox creditors are not in this thread.

[bitserve]

That is most definitely not what was meant in the poll.

YOu should not take into account the small hodlers like us. What is really critical is what the HUGE hodlers there will do. Well, most of them already have HUGE stashes outside of mtgox... they have already sold whatever they wanted to sell. I don't think they are waiting for the gox  reimbursement to sell.

My prediction is that most of the gox coins will be hodl... And I voted accordingly.

That could be true. Is there any data available about the distribution of claim sizes at mt Gox? Is the majority of the total claim amount part of small claims or large ones?

Yes, the creditors list is public, but I don't remember where it is. And yes, there are a few hue (legit) claims that sum the majority of BTC. Ie: Josh Jones of Btcbuilder has like 40000 IIRC.

[vapourminer]

Is there any data available about the distribution of claim sizes at mt Gox? Is the majority of the total claim amount part of small claims or large ones?

Yes, the creditors list is public, but I don't remember where it is. And yes, there are a few hue (legit) claims that sum the majority of BTC. Ie: Josh Jones of Btcbuilder has like 40000 IIRC.

i just looked briefly at a pdf list from 2016, there were a good amount of 3 digit btc claims, and some 4 digit ones too. the bulk seemed to be single or double digits, with a lot of < 1 btc amounts.

gonna try to find the latest full list in some sort of excel importable format.

[Hueristic]

People still drinking milk?

It was made to grow babies not for adults.

http://www.bbc.com/future/story/20190218-when-did-humans-start-drinking-cows-milk

[wachtwoord]

That is most definitely not what was meant in the poll.

YOu should not take into account the small hodlers like us. What is really critical is what the HUGE hodlers there will do. Well, most of them already have HUGE stashes outside of mtgox... they have already sold whatever they wanted to sell. I don't think they are waiting for the gox  reimbursement to sell.

My prediction is that most of the gox coins will be hodl... And I voted accordingly.

That could be true. Is there any data available about the distribution of claim sizes at mt Gox? Is the majority of the total claim amount part of small claims or large ones?

Yes, the creditors list is public, but I don't remember where it is. And yes, there are a few hue (legit) claims that sum the majority of BTC. Ie: Josh Jones of Btcbuilder has like 40000 IIRC.

Buitcoinbuilder is not a good example as that claim consists of loads of small ones. Did Bitcoinbuilder ever publish its claim distribution (probably not).

I am quite curious where the 80% of aggregate claims fall under, small or large. Makes quite a difference (my assumption thus far has been small).