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

[BTCMILLIONAIRE]

I believe the correct term is rant since it was a rather humourless and somewhat condescending, thinly-veiled letter of reprimand for BCash detractors.

Someone from the BCash camp gave Rick Falkvinge the green light to write it and put it out there. And I believe that he wrote it as a quite serious, passionate diatribe. It was full of narcissistic hubris and swagger in support of BCash and it's supposed principles. The same kind of crap we hear from Ver and Wright. But it inadvertently showed how much centralized control and influence over BCash and its supporters that they want to enact. Like a fkn cult or something.

It's only when the whole thing backfired and their camp received backlash and derision, that they started walking it back as some sort of "joke" or "prank" or some attempt at satire.

Rick is one of those political figures that deep down might mean well, but has now become so egotistical and full of himself that he truly believes that everything that he writes is awesome and that people are moved by his amazing, eloquent prose. Which is neither amazing nor eloquent.

Your post on the other hand... I love the way you use language. no homo

[luckygenough56]

When you are big fat whales and you enter a market at the top of a bubble, logic dictates you to short the heck of it...but it takes time to open massive shorts (u need lotsa fools )so the bubble has to continue quite a bit after 10th december imo then badaboom.

[BTCMILLIONAIRE]

Good article about the coming futures market:

https://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/

'good' is the new doubleplus ungood?
they won't get very far shorting bitcoin

Notice how the MSM wants to take every possible piece good news for Bitcoin and turn it into a negative?

Every. Single. Time.

Just wait guys, next year the launching of Bitcoin ETFs will also be "bad for Bitcoin" too.

Got to keep Average Joes far far away from Bitcoin. Or at least for another 10-20 years.  

If they really stay away for another 10-20 years some people on here will end up so filthy rich that they could just outright buy a country.

[Torque]

Which is neither amazing nor eloquent.


Your post on the other hand... I love the way you use language. no homo

I know, right? I suck at writing. Won't even try to hide that.  

[luckygenough56]

bitfinex going in full tether steam lol

[BTCMILLIONAIRE]

Which is neither amazing nor eloquent.


Your post on the other hand... I love the way you use language. no homo

I know, right? I suck at writing. Won't even try to hide that.  

I actually quite enjoyed the contrast between "adult" and "dankmeme111!!" language. Usually only get to see an extreme of either.

[Torque]

When you are big fat whales and you enter a market at the top of a bubble, logic dictates you to short the heck of it...but it takes time to open massive shorts (u need lotsa fools )so the bubble has to continue quite a bit after 10th december imo then badaboom.

You also need massive amounts of coins to dump to help your short along. Which means you have to buy them first.

[luckygenough56]

When you are big fat whales and you enter a market at the top of a bubble, logic dictates you to short the heck of it...but it takes time to open massive shorts (u need lotsa fools )so the bubble has to continue quite a bit after 10th december imo then badaboom.

You also need massive amounts of coins to dump to help your short along. Which means you have to buy them first.

or just borrow them ?

[BitcoinBunny]

$12,000 on Marketcap.

[Rosewater Foundation]

When you are big fat whales and you enter a market at the top of a bubble, logic dictates you to short the heck of it...but it takes time to open massive shorts (u need lotsa fools )so the bubble has to continue quite a bit after 10th december imo then badaboom.

You also need massive amounts of coins to dump to help your short along. Which means you have to buy them first.

or just borrow them ?

Or they bought them already from a guy in Koreatown.

[LFC_Bitcoin]

When you are big fat whales and you enter a market at the top of a bubble, logic dictates you to short the heck of it...but it takes time to open massive shorts (u need lotsa fools )so the bubble has to continue quite a bit after 10th december imo then badaboom.

You also need massive amounts of coins to dump to help your short along. Which means you have to buy them first.

or just borrow them ?

Very risky strategy

[Last of the V8s]

bears getting desperate  

[JimboToronto]

I swear my bladder is an ATH indicator.

It always wakes me up just in time for another leg up.

Go Bitcoin go.

I've gotta go back to bed. I don't keep farmer's hours.

[Torque]

When you are big fat whales and you enter a market at the top of a bubble, logic dictates you to short the heck of it...but it takes time to open massive shorts (u need lotsa fools )so the bubble has to continue quite a bit after 10th december imo then badaboom.

You also need massive amounts of coins to dump to help your short along. Which means you have to buy them first.

or just borrow them ?

I assume you can borrow only what is available on the exchanges, which may not be much. Unless you're the exchange owner trading on your own exchange, which I guess you can do whatever the fk you want.

Some of these exchanges, man. Sheesh. Who knows, whales could be naked shorting for all we know. We DO know that some of the Chinese exchanges had fractional reserves going on, and were leveraging the users' bitcoin against other investments. And they got reprimanded over it.

[Last of the V8s]

I swear my bladder is an ATH indicator.

It always wakes me up just in time for another leg up.

Go Bitcoin go.

I've gotta go back to bed. I don't keep farmer's hours.

We're not farmers we're Europeans.

[600watt]

I doubt if we will ever see 11k again.

i am sure we will see 11k A LOT.

11k daily rises.  

[BitcoinBunny]

I doubt if we will ever see 11k again.

i am sure we will see 11k A LOT.

11k daily rises.  

If we see 111K I'm outta here. Buy/build some mansion in the middle of nowhere and live off the grid. Bye. 

[Torque]

I actually quite enjoyed the contrast between "adult" and "dankmeme111!!" language. Usually only get to see an extreme of either.

Guilty as charged. 

I doubt if we will ever see 11k again.

i am sure we will see 11k A LOT.

11k daily rises.  

If we see 111K I'm outta here. Buy/build some mansion in the middle of nowhere and live off the grid. Bye.  

I like how you think BB. Same plan here.  

[BitcoinBunny]

I doubt if we will ever see 11k again.

i am sure we will see 11k A LOT.

11k daily rises.  

If we see 111K I'm outta here. Buy/build some mansion in the middle of nowhere and live off the grid. Bye. 

I like how you think BB. Same plan here. 

 

[luckygenough56]

No mansion for me, more like a a hobbit house

but off the grid, hell yeah