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

[octaft]

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

Ah, it's the old "I didn't really want to make the bet, so let me quote an outrageous number and hopefully the other guy can't afford it, then act like what he can afford is beneath me" tactic.

[QuestionAuthority]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

You're a joke.

You can always put up the rest.

[sidhujag]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

You're a joke.

You can always put up the rest.

He's not the one who wanted to bet when I was "wrong".. you asked how and I gave you an option.. he did not ask for an option.

[QuestionAuthority]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

You're a joke.

You can always put up the rest.

He's not the one who wanted to bet when I was "wrong".. you asked how and I gave you an option.. he did not ask for an option.

What are the terms. What exactly are you saying is going to happen. I read it to mean you expect the price to go lower than it has been recently and fast. It that right?

[Cheeseonastick]

Upon closer examination, it appears there is some kind of internal heat source that was not evident to me when I made my last predictions. It should have cooled to ambient temperature, but it is still steaming, and in fact it actually appears to be getting hotter. At this time, the evidence suggests it may steam indefinitely, however the heat source is still a mystery to me, and there is a possibility that it could lead to overheating which, left unchecked, COULD cause critical failures, meltdowns, and possibly explosions.

I recommend to everyone to go all in. I believe circle.com accepts credit cards.

[sidhujag]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

You're a joke.

You can always put up the rest.

He's not the one who wanted to bet when I was "wrong".. you asked how and I gave you an option.. he did not ask for an option.

What are the terms. What exactly are you saying is going to happen. I read it to mean you expect the price to go lower than it has been recently and fast. It that right?

1800 is far more likely than 2400 that is what I am saying.

[ChartBuddy]

Explanation

[oda.krell]

Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was  something between rpietila and windjc, iirc.

Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.

Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.

/rant

[Raystonn]

Upon closer examination, it appears there is some kind of internal heat source that was not evident to me when I made my last predictions. It should have cooled to ambient temperature, but it is still steaming, and in fact it actually appears to be getting hotter. At this time, the evidence suggests it may steam indefinitely, however the heat source is still a mystery to me, and there is a possibility that it could lead to overheating which, left unchecked, COULD cause critical failures, meltdowns, and possibly explosions.

I recommend to everyone to go all in. I believe circle.com accepts credit cards.

Kudos to you, and hats off.  Someone who is capable of critical thinking and changing his mind in a public forum is rare these days, especially here.

[QuestionAuthority]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

You're a joke.

You can always put up the rest.

He's not the one who wanted to bet when I was "wrong".. you asked how and I gave you an option.. he did not ask for an option.

What are the terms. What exactly are you saying is going to happen. I read it to mean you expect the price to go lower than it has been recently and fast. It that right?

1800 is far more likely than 2400 that is what I am saying.

Ah, then I misunderstood your post. It sounded to me like you were saying the price is fixing to tank.

[ShroomsKit]

The $300 dumper on Stamp just officially lost 1.5 million dollars!

No he didn't.

Source?
We've seen him sell. Did you see him buy back?

[derpinheimer]

The $300 dumper on Stamp just officially lost 1.5 million dollars!

No he didn't.

Source?
We've seen him sell. Did you see him buy back?

His coins wouldn't have sold at $350.

[sidhujag]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

You're a joke.

You can always put up the rest.

He's not the one who wanted to bet when I was "wrong".. you asked how and I gave you an option.. he did not ask for an option.

What are the terms. What exactly are you saying is going to happen. I read it to mean you expect the price to go lower than it has been recently and fast. It that right?

1800 is far more likely than 2400 that is what I am saying.

Ah, then I misunderstood your post. It sounded to me like you were saying the price is fixing to tank.

Well I kind of alluded to that by saying its rising on bad footing.. that is based on 1h candlesticks... so its reasonably short time-framed... and in a 50/50 scenario in the interest of a bet I simply said its more likely to make a new low (300 basis points) than it is to rise 300 basis points... not sure how that isn't what you thought.

[QuestionAuthority]

Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was  something between rpietila and windjc, iirc.

Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.

Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.

/rant

I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not.

[NotLambchop]

...
I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not.

What's "a lot of coin" to you?

[ShroomsKit]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

Say 500 because you know nobody will do that and when someone says less you are not interested. Pussy.

[Davyd05]

I love to imagine bears getting slaughtered the way bulls did for the same length of time. I would love to see a slow grind to he ath. After that da moon.

[njcarlos]

1800 is far more likely than 2400 that is what I am saying.

Ah, then I misunderstood your post. It sounded to me like you were saying the price is fixing to tank.

You realize he means CNY, right? Not USD. You understood perfectly well he meant new lows. Agree with all the others... throwing out 500BTC as a hard match is just an attempt to reel in your hubris by "forcing" a balk.

[sidhujag]

Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was  something between rpietila and windjc, iirc.

Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.

Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.

/rant

I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not.

I'm not watching this thread like you make it out to seem.. I came on here based on my analysis to provide what I thought was going to happen based on the charts I saw... which I check maybe once or twice a day. I genuinely am not trying to scare people off to sell or whatnot so I can buy cheaper I  try to say what I think the truth is. I hold coins and never sold 1 although my average buy in price is much lower.

[QuestionAuthority]

Just a heads up... watching OKCOIN btc/cny the rise has been on bad footing... i expect it to go lower and make new lows... you can take me to the bank with this.

So how do I cash in on this when you're wrong?

Already happening... wanna bet on it? escrow?

500 BTC ok and Theymos as escrow?

Too high... 50 btc sure

Nah, that's not enough to be fun. We'll just have to see if you're right.

Say 500 because you know nobody will do that and when someone says less you are not interested. Pussy.

Well of course I did. Anyone stupid enough to even bet $100 on something so unpredictable is nuts. No one can predict this market even for a 24 hour period. IT isn't gambling to hold Bitcoin for a long time. You will eventually get your money back out. If you spot a drop that allows you to buy more great but trading constantly for a few percent in profit is too risky. It's like playing dice. You can't predict the roll of the dice.