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Question: May 18 Bitcoin Closing Price (Stamp):
$0 - 1 (0.7%)
<$5,000 - 7 (4.6%)
$5,000-$5,500 - 2 (1.3%)
$5,500-$6,000 - 0 (0%)
$6,000-$6,500 - 5 (3.3%)
$6,500-$7,000 - 15 (9.9%)
$7,000-$7,500 - 17 (11.3%)
$7,500-$8,000 - 24 (15.9%)
$8,000-$8,500 - 18 (11.9%)
$8,500-$9,000 - 15 (9.9%)
$9,000-$9,500 - 10 (6.6%)
$9,500-$10,000 - 7 (4.6%)
$10,000-$20,000 - 16 (10.6%)
>$20,000 - 14 (9.3%)
Total Voters: 151

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21167295 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. (23 posts by 12 users deleted.)
kingcolex
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September 13, 2018, 10:58:22 PM

https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/

Quote
Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.

Garza was given six months home confinement as part of a 3-year probationary period following release.

Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.


Anyone want to buy a couple Gridseed miners?  LOL, I still have 2 sitting in boxes.
Gridseed wasn't them now was it? The Gridseed used hurricane chips and the zeus line was Gaw right? I owned a thunder x3 I custom modded and sold years ago.

Gridseed and Zeus Miners were legit companies that made miners they sold under their own brand. GAW also resold them and had Zeus Miners make some miners for GAW that were rebranded with names like Falcon and War Machine. The Thunder was a Zeus made and branded miner.
That's right it was wasn't it, I actually have an old Gridseed blade (20ish mhash) I need to pull the pi and psu out of, the question is do I want to buy the $100 scrypt asic and farm random shitcoins when they launch?
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sirazimuth
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September 13, 2018, 11:02:31 PM

https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/

Quote
Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.

Garza was given six months home confinement as part of a 3-year probationary period following release.

Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.

https://bitcointalk.org/index.php?topic=857670.msg45653143#msg45653143
kingcolex
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September 13, 2018, 11:11:52 PM

https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/

Quote
Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.

Garza was given six months home confinement as part of a 3-year probationary period following release.

Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.


Anyone want to buy a couple Gridseed miners?  LOL, I still have 2 sitting in boxes.
Gridseed wasn't them now was it? The Gridseed used hurricane chips and the zeus line was Gaw right? I owned a thunder x3 I custom modded and sold years ago.


Gridseed and Zeus Miners were legit companies that made miners they sold under their own brand. GAW also resold them and had Zeus Miners make some miners for GAW that were rebranded with names like Falcon and War Machine. The Thunder was a Zeus made and branded miner.

Yeah, must have been resells.  Have my email still from GAW in March 2014.  Funny, was 400 bucks back then and maybe mined like .1 BTC and various other coins.  Sold all them for BTC probably equaled about .8 BTC.

300+ KH/s Single Gridseed ASIC Miner

2
$189.95 USD
$379.90 USD
Subtotal:
$379.90 USD
Shipping:
$16.72 USD
Grand Total:
$396.62 USD
Payment method:
credit-card
GAW Miners

I sold my hashlets for 3btc it was a joke I realized what was going on and people were going nuts for those Ponzi miners.
yefi
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September 13, 2018, 11:13:20 PM

Deeper than dot-coms (officially)

As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent.
The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline after the dot-com bubble burst in 2000.


https://www.bloomberg.com/news/articles/2018-09-12/crypto-s-crash-just-surpassed-dot-com-levels-as-losses-reach-80

They talk as if there is an equivalency, but the Nasdaq had an inflation-adjusted peak capitalization greater than ten times the crypto peak. We can't talk about recapitulation until we reach the trillions USD imo.
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September 13, 2018, 11:13:31 PM

A little better, but still expensive


Only Apple goes on stage with up to 2 year old models.

"Hé, we are Samsung. We've got this shiny new Galaxy S10 thing that can do tons of cool new stuff.....

but you can also buy our Galaxy S8 from 2017 for $800...."   Roll Eyes

Android users are awake  Cool

xhomerx10
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Godspeed Elwar and Nadia.


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September 13, 2018, 11:29:46 PM

A little better, but still expensive


Only Apple goes on stage with up to 2 year old models.

"Hé, we are Samsung. We've got this shiny new Galaxy S10 thing that can do tons of cool new stuff.....

but you can also buy our Galaxy S8 from 2017 for $800...."   Roll Eyes

Android users are awake  Cool



 ...but  ...but ...but no headphone jack  Roll Eyes
yefi
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September 13, 2018, 11:45:41 PM

Google's top fraud fighter explains why it's risky to brag about owning bitcoin

https://www.cnbc.com/2018/09/13/google-email-fraud-fighter-mark-risher-how-hackers-target-you.html

I see Google are offering USB U2F keys: good. I also see Google are offering an account recovery form if you lose them: bad.
JimboToronto
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September 14, 2018, 12:14:41 AM



I find it appropriate that the comparison is between Ethereum, a scammy shitcoin, and overpriced low-quality Apple garbage.

Fitting.  Cool
HairyMaclairy
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September 14, 2018, 12:25:50 AM

Down we go.

STT
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September 14, 2018, 12:42:42 AM

I'll agree BTC is above the 8 day average which for a while I've been watching for an indicator of positive momentum.   However we're also still lodged under 6500 for the moment and need to break the ice of that one to surface higher.
I wouldnt call it rally mode exactly, more of a patient sideways area again.    I guess someone looking on a daily basis might say more but thats where it becomes less speculative and more about events and developments having an effect


I find it appropriate that the comparison is between Ethereum, a scammy shitcoin, and overpriced low-quality Apple garbage.

Fitting.  Cool
Markets doubted Apple for years though.  Its over hyped in price now maybe but relative to the revenue that company brings in it was cheap for years.    They are just reselling other peoples ideas but also I dont doubt they have consumer loyalty to whatever they do.   Apparently people value their usability or style but is that worth a 70% markup I dont know.   But theres been lots of doubts expressed about Apple no doubt.   A good time to be bullish on them was when Mr. Jobs passed away.  Actually its now when he is a far distant influence that it would make more sense to be bearish, as the company is likely to become just another corporate sheep


If we break up but achieve less then the previous peak of 7300 then Im quite bearish medium term, mostly I presume we go sideways
Torque
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September 14, 2018, 12:55:05 AM

Mike Novogratz, what a fkn genius Bitcoin oracle this guy is  Roll Eyes

https://unhashed.com/cryptocurrency-news/mike-novogratz-cnbc-bitcoin-bottomed/
Mike Novogratz to CNBC: ‘I Think Bitcoin’s Price has Bottomed’. “I think we’ve pretty much bottomed,” says Novogratz. “I’m not positive we’ve bottomed, but it feels like we have.”
July 23rd: Bitcoin Price $8497

https://www.cnbc.com/2018/09/13/michael-novogratz-calls-a-bottom-in-cryptocurrencies.html
"I think we put in a low yesterday," Michael Novogratz says in a tweet.
Sept 13th: Bitcoin Price $6458

LOL Roll Eyes  Tongue
infofront
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September 14, 2018, 01:34:43 AM

Google's top fraud fighter explains why it's risky to brag about owning bitcoin

https://www.cnbc.com/2018/09/13/google-email-fraud-fighter-mark-risher-how-hackers-target-you.html

I see Google are offering USB U2F keys: good. I also see Google are offering an account recovery form if you lose them: bad.


Complete with backdoors for all 3-letter US agencies.
BobLawblaw
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September 14, 2018, 02:47:17 AM

https://twitter.com/BigRekts/status/1040431007248343042

JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 14, 2018, 02:56:18 AM


Oh??  Now we got newbies like you coming into the WO thread and attempting to redefine history in your own pie in the sky wishings and make their own vague dumbass rules?  We need you for that kind of thing, Kylapoiss?    Roll Eyes Roll Eyes

You do understand there is nothing to answer to the shittalk you gave me there?

My alleged shit talk comes within a context of you already having had ignored my substance.  But, you could still respond by attempting to justify how you could come into this thread as a newbie and dictate rules?  How could that be?


If you could express yourself in a polite way,

Polite?  I thought that I was being polite, already?


maybe then, but whenever you don't like something you start to add those "fucks" and insults everywhere.

Fuck can be a way of emphasizing one or more points, and such term should not be considered as a loss of logic or an emotional outburst, as you seem to be arguing... in your seeming distraction that is devolving into ad hominem, again.  Get a grip, Kylapoiss.. you are coming off as too sensitive and unable to get a sense of actual substance and you want to get into irrelevant discussion about personhood, no?

So why discuss when you don't respect your opponents?


You are demanding respect, within an online forum?  Huh?  I thought that I have been pretty courteous to you, so far... but demanding respect might cause the opposite, no?  seems like a kind of sensitivity button that you might have?




I've been here since 2013, the age of my account is not relevant.

Of course, you deserve more respect.  What was I thinking?  silly me. Roll Eyes


Maybe the status is important to you, that shows how small minded you are.

Maybe if you stop getting caught up on your petty feelings, we might make some progress, no?

I look what people say, not how many posts they have or what level they are in.

Oh?  You are studying this VERY important topic regarding how some folks need to get more respect on the internet in order that their feelings don't get hurt.

That seems like an important study that you are doing.

Sky wishings, rules, wtf are you talking about? Cheesy

I don't know.  You don't have a reference for me.


What you doing, Kylapoiss?  Making shit up?  Speak for yourself and your seeming emotional crack and seeming inability to respond to substance rather than resorting to speculative and non-substantiated ad hominem bullshit.

If you have noticed anything about my BTC position from my prior posts would be to understand that I have an ongoing BTC strategy that I frequently share in this thread, and in essence, it should be more than fairly clear and straight forward that my BTC strategy has not been materially side-tracked from our current ongoing BTC price correction, which continues to allow me to buy BTC on the way down.. and still puts me at least 8x profits overall (inspite of a variety of mistakes that I have made along the way) and I have no problem to be able to "cope" even if the BTC price continues to go down.  Anyhow, you seem the one who is having coping struggles, currently.   Roll Eyes Roll Eyes

What shit I'm making up? I'm just stating what I see, nothing more.

Is what you see relevant to this thread?  And if so, if someone asks you to elaborate, are you able to elaborate and stay on topic?  I hope so.

You are an angry person, no doubt in that, you have a narrow view on things, that's probably why you don't get other peoples opinions.

Now, what am I angry about?  Did you want to provide your opinion about something, special snowflake?  Hopefully, it is related to WO thread in some way, right?


And you talk way too much, overcomplicate things and take everything too seriously, that shows you have little experience in real life.

Are you referring to any particular point that I made, or just overall?  I seem like a real bad meanie, and I don't even like me after reading that description.   Cry Cry
eddie13
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September 14, 2018, 03:02:56 AM


That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..
bones261
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My hat is in storage. https://ibb.co/YLkPgXb


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September 14, 2018, 03:17:17 AM


That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..

No the 5 million number is the amount of USD spent. So at 100x leverage the person lost over 50k worth, so about 8 BTC lost.
eddie13
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September 14, 2018, 03:23:15 AM


That's quite a hit! Even with up to 100X leverage the guy must have lost atleast what, 50k BTC? Is that math right?

You guys sure we trust their reported volume? That's a rediculous lot and by the looks of that twitter page it happens often..

If you look at them all most of them are shorts getting squeezed lately, scrolling a little ways..

No the 5 million number is the amount of USD lost. So at 100x leverage the person lost over 50k worth, so about 8 BTC lost.

I know they are vol pumped with leverage but yeah that brings it back to reality..

The way they say it, sounds like # of coins @ price ..
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 14, 2018, 03:32:18 AM
Merited by LFC_Bitcoin (1)

Is it too obvious to think that everybody who still has BCH is going to dump it & convert to bitcoin which will pump the price of bitcoin?

Or is that stupid because there is likely to be a massive shortage of people wanting to buy BCH? Even the exchanges might de-list it?

i dumped the bulk of my bcash_lol very early on, kept maybe 20% for a while which i have sold off here and there since. i still have a bit left that ive played with trying to capitalize on its occasion PnD . i image many or most in this thread did similar.

most bcash_lol folks seem to be too brainwashed to understand why its not a solution to scaling, i have a feeling many will just ride it into the ground. of course im sure the bcash_lol guys think the same of us Smiley

so yeah i guess the question remains: will those who do bail on bcash_lol dump it for btc?  a random shitcoin? or exit crypto entirely for fiat/pm/whatever?

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Nutjob, Peter_R was recommending something similar, until we have not seen as much of Peter_R after some of his spats with faketoshi, but PeterR likely remains a bcash nutter, no?  He can tell us what he is going to do or recommend, anyhow, no?
jbreher
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September 14, 2018, 04:08:43 AM

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.
Hueristic
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September 14, 2018, 04:13:22 AM

Down we go.



Well that sucks donkey dicks.


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