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

[jojo69]

Lol, went looking through really old PMs as there are a couple people I had trustworthy interactions with back in the day.

Found this...I am more lucky than I am smart.

[Ibian]

depends. youll have to meet our cats standards, which are much higher than ours.

you would also have to be ok with extremely loud music at all times of the day and night, mostly pink floyd, rush, lynyrd skynyrd and other southern rock, and punk. and the music the wife and i play on our instuments; hers played well and mine that sucks. plus random weapons fire at any time.

Sounds like my kinda people. As long as the random weapons fire was responsibly directed, that is.

yup it is. i own 13 acres, all woods. my firing range has a nice hill for a backstop. outside of that i wont fire unless i absolutely have identified the target and i consider it an immediate threat. although i have fired into the air when the occasional wild dog or such shows too much interest in me or the wife.

all in all its mainly a lot of practice rounds to keep my skills honed.

Firing in the air always bothered me. It has to come down, possibly on top of someone. Why not fire into the ground?

[Hueristic]

OTC Buying Pressure Increases

https://www.cryptoglobe.com/latest/2019/01/the-week-bitcoin-otc-volumes-up-bitwise-etf-bitmain-appoints-new-ceo/

"Buying pressure has reportedly increased at many notable OTC crypto trading desks. One of the largest OTC traders, Cumberland, tweeted that the imbalance between buyers and sellers spiked by 60% over the last week. Galaxy Digital saw robust buy back from asset managers, who previously sold assets for tax purposes. The nature of most of Paxos’ trading activity this year was buy tickets from emerging markets traders. Circle’s OTC desk saw a “come back” in January after elevated sell pressure in December. Genesis OTC volume is up by 50% year-on-year. According to a director of the fintech research firm Tabb Group, Monica Summerville, the OTC market is about two to three times larger than trading activity across the whole of the retail exchanges."

How can OTC figures be verified? It would be nice to see them listed, although I'm sure they would be as fake as the exchanges are.

[Ibian]

^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.
No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.

Now just fucking stop FFS.

What do you mean we are going to a cashless society?

We are already there.  The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin.  I had to go to an ATM and then to a pub to buy a beer so I could get a coin.  Fucking savages in the UK.

That's a choice on your part. I use mostly cash, don't trust the legacy system at all.

In fact if bitcoin moons and I decide to withdraw enough for a few decades, where am I going to put it? Not in a bank that's for damn sure, but options are limited. Maybe buy a house or five, but other than that...

[infofront]

Lol, went looking through really old PMs as there are a couple people I had trustworthy interactions with back in the day.

Found this...I am more lucky than I am smart.

It seems like pretty much everyone here before 2013 or 2014 got scammed in some way or another.

[Last of the V8s]

OTC Buying Pressure Increases

How can OTC figures be verified? It would be nice to see them listed, although I'm sure they would be as fake as the exchanges are.

They can't really be verified unless you're a member of one of the sites. The sales figures will be a lot less fake, because of escrow/lawyers/basically many eyes seeing a transaction. What is a bit fake is the orders here^. Not all of them will be filled and they can linger on from week to week, as you can kind of work out.

[JayJuanGee]

What if we tried not to engage him for, like, say, a week, and see what happens?

I recall that I had suggested to infofront that he (infofront) should delete some of his (roach's) posts once in a while, just to discourage a certain amount of the off-topicness and obvious desires to divert us from making more meaningful and substantial posts about bitcoin.  Can't know, for sure, unless infofront discloses regarding whether he is deleting some of roach's posts from time to time.

[HairyMaclairy]

OTC Buying Pressure Increases

https://www.cryptoglobe.com/latest/2019/01/the-week-bitcoin-otc-volumes-up-bitwise-etf-bitmain-appoints-new-ceo/

"Buying pressure has reportedly increased at many notable OTC crypto trading desks. One of the largest OTC traders, Cumberland, tweeted that the imbalance between buyers and sellers spiked by 60% over the last week. Galaxy Digital saw robust buy back from asset managers, who previously sold assets for tax purposes. The nature of most of Paxos’ trading activity this year was buy tickets from emerging markets traders. Circle’s OTC desk saw a “come back” in January after elevated sell pressure in December. Genesis OTC volume is up by 50% year-on-year. According to a director of the fintech research firm Tabb Group, Monica Summerville, the OTC market is about two to three times larger than trading activity across the whole of the retail exchanges."

How can OTC figures be verified? It would be nice to see them listed, although I'm sure they would be as fake as the exchanges are.

OTC is by definition secret.  So good luck with that.  However it is almost certainly onchain rather than exchange transactions which are offchain. So maybe you could work out an onchain analysis.  I have no idea.

[JayJuanGee]

https://bitcointalk.org/index.php?topic=5095156.msg49233859#msg49233859
congrats to regulars here who are now on DT2 - means they're pretty well-trusted in the wider forum
bones261
Elwar
gentlemand
JayJuanGee
nutildah

I am surprised because I don't really understand how to use it.  I have not really actively given trust feedback to anyone, so far.

I was surprised too. How you get on the Default trust 2 trust list is because someone on the default trust 1 lists manually added you on their trust list. I went ahead into my trust setting, picked heirarchy view and found out that a user named tmfp placed you on their list. You can be removed from DT2 if one more person in DT1 decides to exclude you than put you on.(Or the people who orginally included you remove you from the their trust list) It appears that your name came up in the discussion about the new changes is a list here. https://bitcointalk.org/index.php?topic=5095156.645 Some people are questioning why certain members are now in dt2 with no trust feedback history.  Some pruning is probably going to take place in the next few days. It's up in the air if any of us on the dt2 list will be on it for very long.

Hahahahahaha

It could be - easy come, easy go.... ?

My days on DT2 could be numbered?   

I suppose at some point, if I familiarize myself with how to give ratings within the DT system, and start to send out trust feedback, then maybe my placement as DT2 would become less controversial?  Perhaps?   

In providing trust feedback, I just would not know for sure where to begin.  Of course, if I had some kind of commercial trade or interaction with some forum members, then I could start there, but I do not. 

Otherwise, I only somewhat know members from interaction through threads (mostly the WO thread), and it seems not too easy to provide trust feedback on those kinds of thread participation grounds.

Of course, for the basis of my recent memory about interactions with members, if I have sent a lot of smerit to certain members, then perhaps those members would rise to a kind of trust level within my thinking and interactions.

I will have to ponder the matter a bit further before taking any actions.

[nanobtc]

Bitcoin is lower,
Shitcoins are the lowest yet.
I think I'll just hold.

[JayJuanGee]

https://bitcointalk.org/index.php?topic=5095156.msg49233859#msg49233859
congrats to regulars here who are now on DT2 - means they're pretty well-trusted in the wider forum
bones261
Elwar
gentlemand
JayJuanGee
nutildah

And just who do I need to blow to get on this list? Did JJG spam Theymos until he hit his trusted list?

Just fucking with you JJG,

Congrats to all those here who moved on up. We may be some crazy fucks in here but at least we are trustworthy crazy fucks who don't steal from people.

Likely just passage of time, and my large quantity of posts has causes some forum members to become more familiar with my judgement.... perhaps even including some of my smerit sending practices (and comments on the topic).  Bones did provide some explanation, too.

[Hueristic]

https://bitcointalk.org/index.php?topic=5095156.msg49233859#msg49233859
congrats to regulars here who are now on DT2 - means they're pretty well-trusted in the wider forum
bones261
Elwar
gentlemand
JayJuanGee
nutildah

And just who do I need to blow to get on this list? Did JJG spam Theymos until he hit his trusted list?

Just fucking with you JJG,

Congrats to all those here who moved on up. We may be some crazy fucks in here but at least we are trustworthy crazy fucks who don't steal from people.

Yo, watchit, it's not thurday!

Lol, went looking through really old PMs as there are a couple people I had trustworthy interactions with back in the day.

Found this...I am more lucky than I am smart.

OTC Buying Pressure Increases

How can OTC figures be verified? It would be nice to see them listed, although I'm sure they would be as fake as the exchanges are.

They can't really be verified unless you're a member of one of the sites. The sales figures will be a lot less fake, because of escrow/lawyers/basically many eyes seeing a transaction. What is a bit fake is the orders here^. Not all of them will be filled and they can linger on from week to week, as you can kind of work out.

thanks for that, +1 WO for you sir!

[Searing]

Bitcoin is lower,
Shitcoins are the lowest yet.
I think I'll just hold.

I too resemble the above...again, having been proven at below 3.5k BTC...I can and quite quickly panic sell like a small 9-year-old girl..including

shrieking...however..that was at 3.965k which still sucks as it seems to have been the correct move with the current price (13 BTC) thru 'dubious' sia-tech actions dumped  

(5) obelisk sc1's and now should be a bit over 4 btc ...back...but alas...the PTSD of dumping from the hoard still 'stinks' ..no more miners...gonna be tough if ever to

're-coup'

those 9 btc 'punted' again...selling them and eating is nice...buying soap..that kinda thing in that retired on crypto...(less soap?)

9 BTC still in the whim of my 5-year long BTC lifestyle ..is still bothersome....that 9-year-old panic'd dump)

BUT, I shall try to live up to your 'expectations' in the above quote and HODL...hopefully enough of us can manage to do this and price recovers...

(probably just jinx'd price with the above)

But again...gonna try to HODL...

meh! who knows...the whims or my inner 9-year-old child can be powerful at around the 3k mark.

we will see

Lol, went looking through really old PMs as there are a couple people I had trustworthy interactions with back in the day.

Found this...I am more lucky than I am smart.

I gather that he did not have a -32 trust rating when you offered some BTC huh?

if so...that seems to have escalated quickly ....you really got to work your scammer skills to get a -32 BTC rating

that approaches Josh at Butterfly Labs ..them 'evil' depths of trust rating...

[nutildah]

What if we tried not to engage him for, like, say, a week, and see what happens?

I recall that I had suggested to infofront that he (infofront) should delete some of his (roach's) posts once in a while, just to discourage a certain amount of the off-topicness and obvious desires to divert us from making more meaningful and substantial posts about bitcoin.  Can't know, for sure, unless infofront discloses regarding whether he is deleting some of roach's posts from time to time.

Ignore works fantastic for me. The only time I ever have to see his gibberish is when its quoted. Anybody who brings up race-based conspiracies in a bitcoin forum earns a permanent spot on my Ignore list.

https://bitcointalk.org/index.php?topic=5095156.msg49233859#msg49233859
congrats to regulars here who are now on DT2 - means they're pretty well-trusted in the wider forum
bones261
Elwar
gentlemand
JayJuanGee
nutildah

And just who do I need to blow to get on this list? Did JJG spam Theymos until he hit his trusted list?

Just fucking with you JJG,

Congrats to all those here who moved on up. We may be some crazy fucks in here but at least we are trustworthy crazy fucks who don't steal from people.

I have a fascination with detecting and outing crypto scammers -- moreso than making money.  Of course it would be great to someday meld the two, but its not easy. Nobody wants to hear their investment is a scam. Just ask Bruno how well its gone for him.

[Ibian]

Anybody who brings up race-based conspiracies in a bitcoin forum earns a permanent spot on my Ignore list.

How about biology? Is biology okay?

[vroom]

...

Thanks for your TA's, one of the few people here who post on topic

[nutildah]

Anybody who brings up race-based conspiracies in a bitcoin forum earns a permanent spot on my Ignore list.

How about biology? Is biology okay?

Do you mean biology-based conspiracies or just biology as a general term?

[Icygreen]

Something to ponder: your carefully crafted high quality posts matter.

https://www.reddit.com/r/slatestarcodex/comments/9rvroo/most_of_what_you_read_on_the_internet_is_written

Yup, I'm in lurk mode last weeks 

[LFC_Bitcoin]

@Searing - If you didn’t sell at $19,000, didn’t sell at $15,000, didn’t sell at $10,000, didn’t sell around $5,000 then why the fuck would you sell at $3,000?

Unless you HODL the fiat in an account & think you can double your bitcoin’s if we fall to $1,500 or something stupid then selling at $3,000 seems so stupid.

You’ve only got to wait a few years & we’ll likely see a new ATH.

Come on man, you’re a bitcoin OG. Start acting like one.

Peace 

[Hueristic]

@Searing - If you didn’t sell at $19,000, didn’t sell at $15,000, didn’t sell at $10,000, didn’t sell around $5,000 then why the fuck would you sell at $3,000?

Unless you HODL the fiat in an account & think you can double your bitcoin’s if we fall to $1,500 or something stupid then selling at $3,000 seems so stupid.

You’ve only got to wait a few years & we’ll likely see a new ATH.

Come on man, you’re a bitcoin OG. Start acting like one.

Peace  

It's possible he's not in the position to jump in the van and go live in it for a year camping on the beach?