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

[JayJuanGee]

Short or be shorted

hahahahahaha

poor peonminer... .    still waiting to accumulate coins.  I'm sorry you shorted your total BTC holdings at $425 and you are hoping to be correct in your prediction.... to either recover your losses or to profit a little bit from your premature short... 

Sure it is possible that BTC prices will go down, but nothing is certain in Bitcoinlandia....


/insert chasing train gif/

You shouldn't have oversold, especially since it should be fairly clear that we are generally hovering in a bull market

[aztecminer]

No, I'm offering you the current state of bitcoin ATMs (according to you, an essential layer for transacting in BTC).
Talking about the present, what is, right now. No "paradox." What are you talking about?

Then also take the current state of bitcoin fees and transact with it, instead of projecting forward to the point where it costs 3 times the coffee in tx fees.
If we are talking about the future, you will have to apply a corresponding "futuristic" reasoning for other aspects of the ecosystem.

I'm talking about the present. Regardless of how much I spend on fees, I can't buy gas, milk, pay my taxes or buy my dope from Pedro.
Not without turning it into fiat, at which point all the KYC/AML laws will apply, and will be introduced at your "bitcoin [buying] ATMs."
As long as that's how it's played, bitcoin's just a needless layer of complication.

Gold is an anachronism, a custom, a convention, like shaking hands.

Whatever you have to say about gold, the issue remains that it is indirectly spendable and a store of value despite not being directly spendable. And this is not an anachronism. It is not something that was relative a thousand years ago. It is something relevant TODAY.

Recently, gold has been a shittier store of value than USD. Case closed.

you have tried to suggest that you are bullish about BTC

You kiss your mother with that lying mouth?

i think the case is not closed. the price of gold is MANIPULATED downwards. that means the price has been artificially lowered. what that means is that todays price of gold is not it's true value.. and what that means is that gold is on sale.. obviously, there are reasons why gold and silver have been manipulated downwards.

and here is another something you seem to have missed.. usd is NOT money.. it is a currency. gold and silver IS money.... if you require more explanation of what is the difference between money and currency then obviously you need to do some research before you continue to make a fool out of yourself in the bitcointalk forum.

here's a trick question for ya:: is bitcoin money or currency ??

[aztecminer]

Short or be shorted

hahahahahaha

poor peonminer... .    still waiting to accumulate coins.  I'm sorry you shorted your total BTC holdings at $425 and you are hoping to be correct in your prediction.... to either recover your losses or to profit a little bit from your premature short...  

Sure it is possible that BTC prices will go down, but nothing is certain in Bitcoinlandia....


/insert chasing train gif/

You shouldn't have oversold, especially since it should be fairly clear that we are generally hovering in a bull market

yeah they are hovering around in my break even area... up or down biatches (as in all the biatchcoins) ?? which way you going

[Richy_T]

Peter R.

Ah, yeah. He seems like a good guy. I think that may still be a bad move though.

I did a search on the text and nothing turned up so I assumed google hadn't indexed it yet

[fisheater22]

...
i think the case is not closed. the price of gold is MANIPULATED downwards. that means the price has been artificially lowered. what that means is that todays price of gold is not it's true value.. and what that means is that gold is on sale.. obviously, there are reasons why gold and silver have been manipulated downwards.

Any reason to think the price won't be 'manipulated' in, say, 10 years? If no, why should I care if the price is 'manipulated' or not?
Are all prices manipulated?

here's a trick question for ya:: is bitcoin money or currency ??

According to AlexGR, neither. According to satoshi, it's A Peer-to-Peer Electronic Cash System. So money, I guess.
It's all in who you chose to believe

[JayJuanGee]

 

you have tried to suggest that you are bullish about BTC

You kiss your mother with that lying mouth?

If I lied in my earlier post, I did not do so on purpose. 

Accordingly, I apologize if I misstated anything in that earlier post.


Instead of name calling, which you appear to gravitate in that direction whenever you get a little flustered, I would appreciate if you could clarify a little bit.

Are you not proclaiming to be bullish about bitcoin's long term success or do you happen to be skeptical and merely have an academic interest?

[XCASH]

<snip>


i think the case is not closed. the price of gold is MANIPULATED downwards. that means the price has been artificially lowered. what that means is that todays price of gold is not it's true value.. and what that means is that gold is on sale.. obviously, there are reasons why gold and silver have been manipulated downwards.

and here is another something you seem to have missed.. usd is NOT money.. it is a currency. gold and silver IS money.... if you require more explanation of what is the difference between money and currency then obviously you need to do some research before you continue to make a fool out of yourself in the bitcointalk forum.

here's a trick question for ya:: is bitcoin money or currency ??

You sound like the Dilbert character called "Dick from the internet". He also says "you should do some research before you embarrass yourself like that again".



Why didn't you also follow Dick from the internet's example and give fisheater22 five links that are not as relevant as you think they are?

[ChartBuddy]

Coin



Explanation

[adamstgBit]

price is about to go up again all in b4 its too late!

[TERA]

Better keep that candle green to keep krampus away for Christmas

[fisheater22]

Are you not proclaiming to be bullish about bitcoin's long term success or do you happen to be skeptical and merely have an academic interest?

I'm NOT very optimistic of bitcoin's long and/or short-term success, mainly because nearly, though not all, the people who are NOT pessimistic about Bitcoin (and digital currencies based on permissionless blockchain paradigm, which is game changing, as a whole) seem to be very much, albeit not exactly, though sufficiently so to be off-putting, like you. Which is to say yourself.

It's both irrational and unfair, just like my hating The Dead when I was a kid (because I hated deadheads), but there you are

[TERA]

price is about to go up again all in b4 its too late!

$1,000,000 per coin,  right?

[Fatman3001]

What would happen if Gavin just up and locked everybody out of the repo?

From Reddit:

Peter's idea is not to replace Core with a different team in the repo, it's to nuke the repo so that ALL teams have to post their offerings in new repos that don't have the privileged position of being historically connected to Satoshi - a privileged position that Core now enjoys.

Is that Peter Todd? I consider him the most dangerous man to Bitcoin's future but that might not be a bad idea. If it didn't come from him and Theymos wasn't holding the keys to the gateways to Bitcoin information.

Peter R.

[orpington]

In 6 weeks, the next 24 weeks will be critical...

[adamstgBit]

price is about to go up again all in b4 its too late!

$1,000,000 per coin,  right?

32,000$ 

[JayJuanGee]

Short or be shorted

hahahahahaha

poor peonminer... .    still waiting to accumulate coins.  I'm sorry you shorted your total BTC holdings at $425 and you are hoping to be correct in your prediction.... to either recover your losses or to profit a little bit from your premature short...  

Sure it is possible that BTC prices will go down, but nothing is certain in Bitcoinlandia....


/insert chasing train gif/

You shouldn't have oversold, especially since it should be fairly clear that we are generally hovering in a bull market

yeah they are hovering around in my break even area... up or down biatches (as in all the biatchcoins) ?? which way you going

I am very glad about where we are in BTC prices, and the current price posture of BTC and even my set-ups in my BTC portfolio and my designated tradable fiat holdings seem very well positioned and optimistic.

You may recall that I had been buying BTC since late 2013, so downward and downward and downward and more downward (until, more or less August of 2015), so I did not really have an opportunity to accumulate any significant/sufficient quantity of BTC at a relatively low price until after it stayed below $300 for so long throughout a large part of 2015 and I was able to continue to accumulate a fairly significant amount of BTC at those below $300 (and really below $280) prices.. but really I had done a considerable amount of doubling down in mid-2014 in the  upper $500s and in the $600’s price territory, and I did not expect BTC prices to significantly go down from there, but when it did, I also made significant investments in the mid-to-upper $300s, also, anyhow, there are certain flaws in following a martingale gambling principle, if BTC were gambling, and sometimes I was beginning to feel as if I were unwittingly following such Martingale strategy because we now know what happened to BTC… , which for me caused a lot of hodling.. and continuing to stay in the red for quite a long period of time.

Finally in October, when BTC prices finally crossed again above $250 and continued upwards, I had devised and revised various aspects of my BTC plan and I was ready, willing and able to sell some of my BTC and to justify that trading. 

Accordingly, I consider my current position to be pretty well-established, from my perspective, for BTC price movements in either direction.

I presume long term upwards, but I really attempt to be neutral regarding short-term price directions.  I sell as the price goes up and buy as the price goes down.

Sure from time to time I do make some mistakes of not selling enough or buying back too soon, but I have established various systems (a work in progress) that seem to hedge against one another..,.

Also, sometimes when I have made some fairly large mistakes by getting too wrapped up in the excitement of the price movement, I will step back and reconsider my prior actions and my portfolio and just make my buy sell spread a bit wider (which causes me to have no trades until the price comes to my reestablished price points… then I resume my trading after that point).

In the end, even though I get my little short-term hunches, I don’t really know, but I will often consider the matter in terms of probabilities, and try to put an appropriate amount of money on either side that is weighted towards my inclinations (and sometimes I do not want to say my inclinations on the forum, especially if for example I were thinking 60% chance of going down $10 and 40% chance of going up $10)… etc… etc. etc.  My feeling continues to evolve.

[JayJuanGee]

...
i think the case is not closed. the price of gold is MANIPULATED downwards. that means the price has been artificially lowered. what that means is that todays price of gold is not it's true value.. and what that means is that gold is on sale.. obviously, there are reasons why gold and silver have been manipulated downwards.

Any reason to think the price won't be 'manipulated' in, say, 10 years? If no, why should I care if the price is 'manipulated' or not?
Are all prices manipulated?

here's a trick question for ya:: is bitcoin money or currency ??

According to AlexGR, neither. According to satoshi, it's A Peer-to-Peer Electronic Cash System. So money, I guess.
It's all in who you chose to believe

Yes, all prices are manipulated somewhat, but we do NOT throw up our hands and assert that the situation is impossible.  We account for the various players, the market cap and the incentives to manipulate if any.

In the end some, assets are easier to manipulate than others, but not all assets are equal.    I could give a flying fuck if the prices of beanie babies are manipulated.

As the market cap of BTC continues to go up, it is going to be more and more difficult to manipulated, but there will also be greater incentives to manipulate if a manipulator perceives payoffs to be greater...

The situation of manipulation is relative and ongoing and we cannot make any definite statements about the extent to which it occurs and its effectiveness without getting bogged down in some factual specifics at any given time and circumstances.

[JayJuanGee]

<snip>


i think the case is not closed. the price of gold is MANIPULATED downwards. that means the price has been artificially lowered. what that means is that todays price of gold is not it's true value.. and what that means is that gold is on sale.. obviously, there are reasons why gold and silver have been manipulated downwards.

and here is another something you seem to have missed.. usd is NOT money.. it is a currency. gold and silver IS money.... if you require more explanation of what is the difference between money and currency then obviously you need to do some research before you continue to make a fool out of yourself in the bitcointalk forum.

here's a trick question for ya:: is bitcoin money or currency ??

You sound like the Dilbert character called "Dick from the internet". He also says "you should do some research before you embarrass yourself like that again".



Why didn't you also follow Dick from the internet's example and give fisheater22 five links that are not as relevant as you think they are?

you are taking sides with fisheater22, as if he is the reasonable one.... hahahahahahahaha     

What a joke.   

[LFC_Bitcoin]

Hi there. I’m BlindMayorBitcorn, Hero member at Bitcointalk. AMA!

 

Congratulations bro!

I will be joining you at the next activity points update in 2 weeks

[JayJuanGee]

Are you not proclaiming to be bullish about bitcoin's long term success or do you happen to be skeptical and merely have an academic interest?

I'm NOT very optimistic of bitcoin's long and/or short-term success, mainly because nearly, though not all, the people who are NOT pessimistic about Bitcoin (and digital currencies based on permissionless blockchain paradigm, which is game changing, as a whole) seem to be very much, albeit not exactly, though sufficiently so to be off-putting, like you. Which is to say yourself.

It's both irrational and unfair, just like my hating The Dead when I was a kid (because I hated deadheads), but there you are

There's nothing wrong with being against bitcoin, so long as you are NOT talking in riddles and avoiding substantive discussions, as you seem to tend towards.