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

[JayJuanGee]

It's so subjective, so ill-defined. There's no reasonable consensus on such definitions. Literally takes a Ph.D-level of sociological insight into behavioral psychology, cognitive biases, human nature & internet culture to make an enlightened, substantive, quality assessment of what's to be classified as trolling and what isn't.

I think that i have already made my point several times, and that is that more strict enforcement of prohibition of trolling rules and prohibition of non-substantive attacks would be better for the forum.  That is my point, and i am NOT the owner or affiliated, so I Have NO authority or influence.  The owner chooses NOT to have rules or to enforce any rules.  The owner has complete discretion about who to ban and about how much emphasis to put in such banning.  In this case, it seems that the owner has decided that having rules and enforcing such rules would NOT be worth the effort.

Jay, my friend, you have an incredible knack for using a lot of words to say nothing.

+1 I had to ignore him for this.. not that anything he says or does particularly disturbs me.. but wall of text battles are just.. a big waste of time.

[..]

 FTFY..? Or did you actually mean that you find the rather concise stuff I've put out in the last few weeks (as much as I could make it) to be a bunch of overwordy text-wall drivel.. And so, were implying, from the reference to who Jay was '..having wall of text battles with..' that I'm just a troll..? (Whatever the definition of..

I DOUBT that Davyd05 was specifically referring to you.  Likely, he was merely suggesting that I have too much of a history and habit of engaging in long texts with posters who appear to be trolls and such texts are a waste of time - even to read.

[TooDumbForBitcoin]

I confess - I'm a member of the clut.

[JayJuanGee]

I see. Thanks for clarifying, it makes a tad more sense now, so I'll just pass the benefit of the doubt.. I just think the term 'disingenuous' per se doesn't apply for the meaning you intend to convey - perhaps something like 'uninformed' or even 'ignorant' would be far more accurate [does not/can not know the posters that well, from a distance].

Speculative. I am as informed as I can be, and making assumptions from that. I'd be more informed if my simple questions to JayJee were not met with evasive and enormous walls of texts meant to bore me into submission.

The reason that i accuse you of being disingenuous is b/c you tend to engage in interrogations concerning topics that are either irrelevant or only tangentially relevant, and sometimes you seem to purposefully ignore some facts (or you come to conclusions based on the facts that you have, which are incomplete).  So, why do you want to pursue such interrogations?  Apparently, you are entertained by such, and possibly you see it as a challenge. 
Probably, I am willing to go along with it, too much by granting that there could be some useful purpose to addressing your various points.      

[octaft]

I think that i have already made my point several times, and that is that more strict enforcement of prohibition of trolling rules and prohibition of non-substantive attacks would be better for the forum.  That is my point

If that's the point, then I disagree.

The reason that i accuse you of being disingenuous is b/c you tend to engage in interrogations concerning topics that are either irrelevant or only tangentially relevant, and sometimes you seem to purposefully ignore some facts (or you come to conclusions based on the facts that you have, which are incomplete).  So, why do you want to pursue such interrogations?  Apparently, you are entertained by such, and possibly you see it as a challenge. 
Probably, I am willing to go along with it, too much by granting that there could be some useful purpose to addressing your various points.      

I already told you what the point of all that was, you accused me of being patronizing. If you have preconceived notions about my intent, I can't control that.

[Blue]

you all know what this course leads to:



http://imgur.com/36EkoV5

[JayJuanGee]

I think that i have already made my point several times, and that is that more strict enforcement of prohibition of trolling rules and prohibition of non-substantive attacks would be better for the forum.  That is my point

If that's the point, then I disagree.

The reason that i accuse you of being disingenuous is b/c you tend to engage in interrogations concerning topics that are either irrelevant or only tangentially relevant, and sometimes you seem to purposefully ignore some facts (or you come to conclusions based on the facts that you have, which are incomplete).  So, why do you want to pursue such interrogations?  Apparently, you are entertained by such, and possibly you see it as a challenge. 
Probably, I am willing to go along with it, too much by granting that there could be some useful purpose to addressing your various points.      

I already told you what the point of all that was, you accused me of being patronizing. If you have preconceived notions about my intent, I can't control that.

Since we seem to have completely exhausted those topics, then maybe we will be forced to talk about the excitement of BTC  price volatility? 

And, on that topic, I am NOT sure about what to say but I have been thinking that the Chinese are purposefully holding out on some BTC news that will be announced at the bitcoin Global summit in Shanghai on 5/10... Or, maybe the BTC news will just be to give us another date  so BTC prices can remain in stagnation for a few more months?

[Post-Cosmic]

 In continuing w/ my earlier post..

I've discovered (or merely re-confirmed, in some of these cases) that :

 ~> I hate high prices.
 ~> Hate Low-Volatility & 'Retail-Friendly Price Stability'.
 ~> Hate regulation/integration w/ existing fiat-based economies.
 ~> Hate reliance on widespread merchant adoption & VC investment.
 ~> Hate the idea of crypto moving away from its anarcho-libertarian roots.
 ~> Hate big government (especially the PBoC's bs ).

 I also had a brief moment of contempt for miners & PoW as a whole given they're mostly interested in get-rich-quick regardless of what it does to infrastructure, prices, community/project, or economies, but then I realized, not only does PoW (even though it's kinda wasteful) show as much if not possibly more design advantages than PoS or other methods ; But more importantly to us traders, these miners, are what would allow the prices to stay low, by dumping (& seldom buying - aka, one-way flow) more than any other groups [merchants/customers][traders/speculators], the latter having some relatively balanced upward & downward pressure on prices.

 Now why in the worldly hell would anyone want such one-way, constant dumping..? Much harder to reach ATH that way no..?

 ..But that's exactly what the problem is. We're stuck in narrow-channelled limbo's for months precisely because of these two opposing forces - those wanting an ATH & ever-higher prices, and those just wanting to dump & run w/ the money -now-. If this actually damaging concept of an ATH was dropped, we'd all win. The dumpers would make the bank they always have, unopposed.. ..until we reach a 'recent-memory'-ATL. There, the buying pressure from investors/speculators would be so high, it would balance out the dumpers, ideally in waves for maximum % volatility (trading profitability).

 Can you imagine that..? A complete blood bath, a China exit, a BTC-e crash/arrest, followed by years of $0.50-$125 price ranges in an exuberant climax of joy for any leveraging trader..?  Endless mountains upon valleys upon mountains of insane tri- or quad-digit-% profits, bitcoin itself returning to its roots, everyone who isn't too dumb to trade able once again to get another chance at those glorious days of 2011-2012 single-/double- digits..? Everyone here would get a Second Coming, this Divine Intervention granting each faithful bitcoiner another chance at becoming a Supernode..!!!

 We wouldn't need altcoins anymore. Their insane volatility ranges would come to bitcoin itself. All. thanks. to. LOOOOOOW PRICES. You can't have this awesomeness w/ $400-2000 prices. Needs to be double-digits at the most. Where whales could utterly tsunami the markets daily. And whoever has the balls & the brains to buy at the lowest of these ranges (not too low, and miss it) & sell at the tops (not too high, and miss out) just like BitcoinBuilder & the Goxcoin insane-% days, becomes filthy rich. And unregulated. True to cryptoanarchist roots, where this truly belongs. Because the added benefit of such a scenario, is you don't need widespread adoption. The masses are the plague. They are weak, contrived, buggered, lazy, uneducated, complacent, conformist, devolved, unwashed, drivel-swallowing, excellence-envying/shunning, mediocrity-wallowing fools devoid of personal unbiased integrity & proud moral fiber.

[ChartBuddy]

Explanation

[Erdogan]

Difference in opinion is plenty, so trolling should not be necessary, except, maybe in this era of lowliness:

Low price, low volatility, low interest, low post count, low volume, low temper, low user expansion, low quality jokes, low sentiment, low sandwiches, low fat, low truthiness level, low freedom, low politician support, low QE, low mileage, low alligator count.

[RUEHL]

China Steps Up Bitcoin Battle

More accounts frozen... 

[_javi_]

blame the chinese fud for all those "lows".

let BTC rise to 600-800-1000 in a couple of months, and chinese will be selling their sons for buying BTCs (FU banks).

[UglyTroll]

and chinese will be selling their sons for buying BTCs (FU banks).

Only a psycho can say that kind of word. This is prove that Bitcoiners are bunch of dumbass, you proved yourself  

[ChartBuddy]

Explanation

[shmadz]

still waiting for this "big drop" that everyones predicting wishing for

Yup, any minute now, right guys?

is it time yet?

 

[JorgeStolfi]

I bet you were a Millenium and Deuteros player

Interesting! No, I never heard of that game.  My kids used to play Nintendos a lot but I never got interested in commercial video games.  In 1979 or 1980 I got to play some early versions of Asteroids and Space Invaders on this machine, the first widely used  (but not yet commercial) computer with a GUI and mouse.   At the Xerox and DEC labs where I worked people wrote a few games of their own, and their own version of Tetris. 

[JorgeStolfi]

Jorge imagine if you did  put at least one satellite into orbit, or capture a small asteroid!
imagine the possibilities!
buy now while price is low!

If I did that I would have less time left to post on the space forum. 

[Amechan]

What happened to Loaded?

I think he is still trying to get his hands around MagicalTux neck.   

That was last I heard..

[JorgeStolfi]

Didn't know about this guy, a good spokesperson http://rt.com/shows/sophieco/156756-bitcoin-currency-roger-ver/#.U2dDpetOt_o.twitter

Hm... when people started wondering whether MtGOX was solvent, Roger Ver (a good friend of Mark Karpelès)  posted a video on YouTube where he claimed to have seen MtGOX's bank statements and guaranteed that it was solvent.

[PoolMinor]

[Bitcoin_is_here_to_stay]

2660 is still holding as support on Houbi.

And by support, I mean in the way a 100 year old draw string bridge with 30% of its wood flooring missing acts as support.

2660 on Huobi broken without any fight. Bitstamp follows down with minimal volume - I wonder what will happen there if the volume will finally rise. Probably a freefall ...