Bitcoin Forum
September 16, 2019, 07:41:26 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Sept. 21 Closing Price:
$0 - 2 (2.7%)
<$8,000 - 4 (5.5%)
$8,000-$8,500 - 1 (1.4%)
$8,500-$9,000 - 1 (1.4%)
$9,000-$9,500 - 2 (2.7%)
$9,500-$10,000 - 4 (5.5%)
$10,000-$10,500 - 12 (16.4%)
$10,500-$11,000 - 15 (20.5%)
$11,000-$11,500 - 16 (21.9%)
$11,500-$12,000 - 4 (5.5%)
>$12,000 - 7 (9.6%)
>$20,000 - 5 (6.8%)
Total Voters: 73

Pages: « 1 ... 21528 21529 21530 21531 21532 21533 21534 21535 21536 21537 21538 21539 21540 21541 21542 21543 21544 21545 21546 21547 21548 21549 21550 21551 21552 21553 21554 21555 21556 21557 21558 21559 21560 21561 21562 21563 21564 21565 21566 21567 21568 21569 21570 21571 21572 21573 21574 21575 21576 21577 [21578] 21579 21580 21581 21582 21583 21584 21585 21586 21587 21588 21589 21590 21591 21592 21593 21594 21595 21596 21597 21598 21599 21600 21601 21602 21603 21604 21605 21606 21607 21608 21609 21610 21611 21612 21613 21614 21615 21616 21617 21618 21619 21620 21621 21622 21623 21624 21625 21626 21627 21628 ... 24997 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21363494 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. (106 posts by 21 users deleted.)
Astargath
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 632



View Profile
November 14, 2018, 06:09:37 PM

So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

Its the same impact as a president tweeting something about any company.

But there is a difference from 1 company and a whole international 24/7 market, isn't it? Plus these are supposed to be currencies. It's ridiculous.
1568619686
Hero Member
*
Offline Offline

Posts: 1568619686

View Profile Personal Message (Offline)

Ignore
1568619686
Reply with quote  #2

1568619686
Report to moderator
1568619686
Hero Member
*
Offline Offline

Posts: 1568619686

View Profile Personal Message (Offline)

Ignore
1568619686
Reply with quote  #2

1568619686
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568619686
Hero Member
*
Offline Offline

Posts: 1568619686

View Profile Personal Message (Offline)

Ignore
1568619686
Reply with quote  #2

1568619686
Report to moderator
1568619686
Hero Member
*
Offline Offline

Posts: 1568619686

View Profile Personal Message (Offline)

Ignore
1568619686
Reply with quote  #2

1568619686
Report to moderator
1568619686
Hero Member
*
Offline Offline

Posts: 1568619686

View Profile Personal Message (Offline)

Ignore
1568619686
Reply with quote  #2

1568619686
Report to moderator
JayJuanGee
Legendary
*
Offline Offline

Activity: 2016
Merit: 2009


How much alt coin diversification is needed? 0%?


View Profile
November 14, 2018, 06:10:17 PM

[edited out]

Are you persuaded that Bitcoin is reacting negatively to the fork ?



Maybe one day you will listen to me

I read your posts and frequently account for their ideas (which seems to be good enough for "listening").  What more you expect me to do?  Moderate my trading strategy?  or some other drastic means?  Kiss your feet?

Merely because something, such as lowering btc price, is currently happening does not mean that it was inevitable or even greater than a 50% chance before it happened... or even that it was caused by whatever event that you are attributing to it.   

So I would not become too self-congratulatory and smug if I were you, and like I must have said a zillion times, I am more into questioning predictions that seem to be putting out too high of certainties on future events, and also my own predictions in terms of the next leg frequently tend in the 40% to 60% range, so I am rarely making bold statements, and surely the more legs out, the less confidence that I tend to have, so of course, the probabilities go down... even though my overall long term effervescent presumption about bitcoin remains with other BTC HODLers and accumulators that the future price is going to be higher than its current price.

In other words, your irresistible urge to say "I told you so" is not getting a lot of ear traction with me, even though it got me to write a relatively lengthy response.   Wink Cheesy Tongue
xhomerx10
Legendary
*
Offline Offline

Activity: 2142
Merit: 2282



View Profile
November 14, 2018, 06:10:48 PM

What happened? I thought you people were bitcoins first line of defense? Why are you all sleeping on the job?

Because you aren't wearing a hat.

 Hey, I tried but that JJG amount of text in his avatar is no legible once shrunk to the proportions of the hat even with some creative text compression.
d_eddie
Hero Member
*****
Offline Offline

Activity: 812
Merit: 671



View Profile
November 14, 2018, 06:10:56 PM
Merited by JayJuanGee (1), serveria.com (1)

Easy, guys. A bit of turmoil. In my opinion, this is related more to the BCH toothache than to BAKKT, though it doesn't really matter. This is the good shakeout we all needed.

The easy way to take advantage - buy the dip without looking for the bottom. Keep that dollar cost average going.

The harder way: short some BCH since 1-2 weeks ago. The hardest way: short some BTC too, but be ready to take profit or stop loss quickish.

I think end of year will be a sweet time.

Everything strictly SOMA, but my money is always where my mouth is.
HI-TEC99
Legendary
*
Offline Offline

Activity: 1638
Merit: 1079



View Profile
November 14, 2018, 06:11:04 PM

"Craig Wright says he has an exploit to take down Bitcoin (BTC) by end of 2019. Does he? Or all talk?"

https://youtu.be/4TOnHAlI_Vg

WTF? I hope it's just Craig Wright talking out of his ass...

CSW's whole thing is to exploit how people tend to believe that things aren't total lies. So when he says he's Satoshi, people think "Well, I don't believe he's Satoshi, but maybe he knew Satoshi". Or "He failed to destroy BTC with mining power like he said he would last year, but maybe he still actually has a bunch of mining capacity hidden away somewhere." Or "There's no technical way for him to irrecoverably screw with SegWit transactions, but maybe he found some bug somewhere."

But really he's completely full of shit; the vast majority of claims he makes are complete lies from front to back. (And often just a tiny bit of research will make this obvious.)

If he had an exploit to take down Bitcoin (BTC) he would use it today. Why wait for months before using it?
QuestionAuthority
Legendary
*
Offline Offline

Activity: 2086
Merit: 1375


You lead and I'll watch you walk away.


View Profile
November 14, 2018, 06:11:14 PM

So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

Its the same impact as a president tweeting something about any company.

But there is a difference from 1 company and a whole international 24/7 market, isn't it? Plus these are supposed to be currencies. It's ridiculous.

It’s only ridiculous because we implemented all those Wall Street regulations to avoid market manipulation.
DaRude
Legendary
*
Offline Offline

Activity: 1759
Merit: 1047


In order to dump coins one must have coins


View Profile
November 14, 2018, 06:12:18 PM

"Craig Wright says he has an exploit to take down Bitcoin (BTC) by end of 2019. Does he? Or all talk?"

https://youtu.be/4TOnHAlI_Vg

WTF? I hope it's just Craig Wright talking out of his ass...

CSW's whole thing is to exploit how people tend to believe that things aren't total lies. So when he says he's Satoshi, people think "Well, I don't believe he's Satoshi, but maybe he knew Satoshi". Or "He failed to destroy BTC with mining power like he said he would last year, but maybe he still actually has a bunch of mining capacity hidden away somewhere." Or "There's no technical way for him to irrecoverably screw with SegWit transactions, but maybe he found some bug somewhere."

But really he's completely full of shit; the vast majority of claims he makes are complete lies from front to back. (And often just a tiny bit of research will make this obvious.)

He found a bug that no one has yet found and somehow he's confident that no one will find it in the next year so he can exploit it at the end of 2019? Anyone taking him seriously needs to get themselves checked. He's just doing a power grab and trying to make himself as power full as possible to minimize his losses and this retarded move. I mean you burn tons of BTC to CryptoRaid bcash  Huh congrat now you got bcash with even less of support than before  Undecided
jbreher
Legendary
*
Offline Offline

Activity: 2506
Merit: 1341


lose: unfind ... loose: untight


View Profile
November 14, 2018, 06:12:40 PM

Jihan is reported to have said a few hours ago regarding the BCH fork, "I have no intention to start a hash war with CSW, because if I do (by relocating hash power from btc mining to bch mining), btc price will dump below yearly support; it may even breach $5000. But since CSW is relentless, I am all in to fight till death!"

Hmm. Fascinating. Indeed.

Who could have ever seen this coming?

link?
https://twitter.com/RamenofBinance/status/1062695905768263680

Thanks

Quote
keep up Tongue

I usually seem to be able to. Today is as drinking from a fire hose.
serveria.com
Member
**
Offline Offline

Activity: 574
Merit: 89

Balls of steel


View Profile
November 14, 2018, 06:14:06 PM

Uncle Craig is about to dump bitcoin to $1k!
https://twitter.com/ProfFaustus/status/1062751765601361923



At least he's a nice guy, wishing us all a nice day.


A nice day for mass suicides.


What he really was trying to say is that miners should avoid mining BCH or else... DOOM?  Grin Grin Grin WTF?

Anyhow, I see lots of cheap coins, stock up gentlemen and get ready for the inevitable launch soon  Cool
d_eddie
Hero Member
*****
Offline Offline

Activity: 812
Merit: 671



View Profile
November 14, 2018, 06:14:33 PM

Oh..  And hello to the people in the future who are studying this thread as part of the evidence of market psychology of the early 21st century bitcoin phenomenon.

Don't you wish you had been here with us?

I know.. I know...  Lucky bastards we are.  

We even know it on a day like today.
This. cAPSLOCK said it before me, and better.
jbreher
Legendary
*
Offline Offline

Activity: 2506
Merit: 1341


lose: unfind ... loose: untight


View Profile
November 14, 2018, 06:14:44 PM

Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it.

Haha. You funny guy.

None of the exchanges that matter call Bitcoin Cash 'BCash'. What makes you think they'll start now? Proof of Social Media?
JayJuanGee
Legendary
*
Offline Offline

Activity: 2016
Merit: 2009


How much alt coin diversification is needed? 0%?


View Profile
November 14, 2018, 06:14:48 PM

What happened to goat?
There was this user "goat" on Bitmex. He was very active in the trollbox. He defined himself as an old guy, at least in comparison to the juvenile crowd there. Boasted a lot about his riches and his profits. Gained an awful lot lot, until one day he got very, very, very badly rekt. That was a few months before the drop from ~20k down. Unseen until then (like 18 or so months ago).

Could it be him?

Remember Richard Heart?  He acted like the goat scenario that you describe... however, Heart was whining like a baby, when BTC went down to $6k the first time, in about early February 2018  - which kind of implied that he had already largely lost his shirt from the post $19,666 price downfall.
goldkingcoiner
Sr. Member
****
Offline Offline

Activity: 434
Merit: 284


Verified Expert


View Profile WWW
November 14, 2018, 06:15:30 PM
Merited by BobLawblaw (1)

I am starting to lose faith....

In that case, drop acid, and load up Bitmex.

If tomorrow a bull market starts, I will eat 10 doses of acid and trade 50x on Bitmex
JayJuanGee
Legendary
*
Offline Offline

Activity: 2016
Merit: 2009


How much alt coin diversification is needed? 0%?


View Profile
November 14, 2018, 06:17:39 PM

this could get ugly


When’s the exact time of this shit fork?


a little less than 24 hours... as I type but of course, I am responding to a post from 3 hours ago...... so that substance might not be too timely.

https://cash.coin.dance/
serveria.com
Member
**
Offline Offline

Activity: 574
Merit: 89

Balls of steel


View Profile
November 14, 2018, 06:20:07 PM
Merited by mindrust (2), Kylapoiss (1)

this could get ugly


When’s the exact time of this shit fork?


a little less than 24 hours... as I type but of course, I am responding to a post from 3 hours ago...... so that substance might not be too timely.

https://cash.coin.dance/

Why do you guys care about some shitcoins and their shitforks? Those guys are enjoying too much attention! Just ignore them, their social media accounts and their shitwars!  Grin
jbreher
Legendary
*
Offline Offline

Activity: 2506
Merit: 1341


lose: unfind ... loose: untight


View Profile
November 14, 2018, 06:20:33 PM

So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

This is crypto. Hash power is The Power.

"They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."

- SN, Bitcoin: A Peer-to-Peer Electronic Cash System
Last of the V8s
Legendary
*
Offline Offline

Activity: 1232
Merit: 2295


Be a bank.


View Profile
November 14, 2018, 06:20:44 PM

BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1274
Merit: 771



View Profile
November 14, 2018, 06:21:42 PM

So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

Its the same impact as a president tweeting something about any company.

But there is a difference from 1 company and a whole international 24/7 market, isn't it? Plus these are supposed to be currencies. It's ridiculous.
One company's stocks are (often, but not always) an international near 24/7 market.
DaRude
Legendary
*
Offline Offline

Activity: 1759
Merit: 1047


In order to dump coins one must have coins


View Profile
November 14, 2018, 06:22:25 PM

Uncle Craig is about to dump bitcoin to $1k!
https://twitter.com/ProfFaustus/status/1062751765601361923



At least he's a nice guy, wishing us all a nice day.


A nice day for mass suicides.


What he really was trying to say is that miners should avoid mining BCH or else... DOOM?  Grin Grin Grin WTF?

Anyhow, I see lots of cheap coins, stock up gentlemen and get ready for the inevitable launch soon  Cool



Just gonna leave this here

If anything I see the BCH fork as bullish for bitcoin. People are presumably going to either cash out their shit fork coin to fiat or/and convert it to bitcoin.

I think we’ll see the bitcoin price go up on the day or a few days after their fork.

Well bcashABC and bcashSV is a closed system, so them exchanging their alts for each other, from the outside, is a zero sum game. Now the big question is inflow/outflow from the outside capital. Do you expect the loosing side just simply watch as they're loosing or do you think they'll try to put up defense and prop up their side? Both sides have their reserves in BTC, so i don't think it's unrealistic to expect them to burn through their BTC stashes to support their side. That's why after the fork the sum value of both chains is usually higher than the initial chain, as both sides brought in outside capital to prop up their visions. I think CSW already proved that he's willing to burn money on hash rate when mining his useless chain, and i don't believe he's a complete idiot, so he'd also need to prop up the value of his chain at some peg as well. But i believe that was already going on as both sides were planning for this and have been gradually cashing out their BTC in preparations for this event. Thats why BTC has been trading sideways for last few months.

But in any case this is good news for BTC, the more those geniuses reduce their BTC stashes fighting each other the more irrelevant they become to BTC.

tl;dr  maybe a bit more short term sell pressure on BTC while both sides deplete their BTC reserves in the last battles of the bcash war

Translation he underestimated ABC's power and over estimated his. Now he needs to burn more BTC than he expected to prop up SV. Any day CSW cashes out of BTC is a good day!
HI-TEC99
Legendary
*
Offline Offline

Activity: 1638
Merit: 1079



View Profile
November 14, 2018, 06:22:39 PM

Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it.

Haha. You funny guy.

None of the exchanges that matter call Bitcoin Cash 'BCash'. What makes you think they'll start now? Proof of Social Media?

I know yobit calls it Bitcoin Cash, but exchanges that matter like cryptopia call it BCash.
Pages: « 1 ... 21528 21529 21530 21531 21532 21533 21534 21535 21536 21537 21538 21539 21540 21541 21542 21543 21544 21545 21546 21547 21548 21549 21550 21551 21552 21553 21554 21555 21556 21557 21558 21559 21560 21561 21562 21563 21564 21565 21566 21567 21568 21569 21570 21571 21572 21573 21574 21575 21576 21577 [21578] 21579 21580 21581 21582 21583 21584 21585 21586 21587 21588 21589 21590 21591 21592 21593 21594 21595 21596 21597 21598 21599 21600 21601 21602 21603 21604 21605 21606 21607 21608 21609 21610 21611 21612 21613 21614 21615 21616 21617 21618 21619 21620 21621 21622 21623 21624 21625 21626 21627 21628 ... 24997 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!