All posts made by JamesBrown in Bitcointalk.org's Wall Observer thread



1. Post 10039921 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

The exchanges must be loving this, right?
Or since some of them are venturing into mining they aint actually that happy?



2. Post 10040096 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Blazin604 on January 04, 2015, 11:42:12 PM
The next 24 hours will determine the future of crypto currency for the next decade.


Real talk bro. Someone with there head working thank god

Is that sarcasm or u really believe in God? Cheesy



3. Post 10040158 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Blazin604 on January 04, 2015, 11:45:13 PM
The next 24 hours will determine the future of crypto currency for the next decade.


Real talk bro. Someone with there head working thank god

Is that sarcasm or u really believe in God? Cheesy

Doesn't matter what I believe or don't believe. My point was that these are very critical times indeed. We are very lucky to be apart of this. I really do believe Bitcoin is headed somewhere great. Some see it. Some dont. Some will soon. You'll see...just ..wait.

Was j/k I'm a hodler myself, I have finger on the trigger (sell button) thou Smiley Interesting times indeed. However I cant really see how this here, today, will decide next 10yrs..



4. Post 10040483 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Fatman3001 on January 05, 2015, 12:34:28 AM
Monday morning cheap china coins incoming

Or Bitcoin-hungry chinese people

is there a resource with some btc chinese news?
Is there a single chinese trader writing at this thread here?



5. Post 10041165 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

gettin back to 290?



6. Post 10051721 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Fatman3001 on January 05, 2015, 09:45:57 PM
I don't give a sh#@$t about Bitstamp, but I would prefer that their implosion doesn't send Bitcoin further down the drain.


Why not? Cheap coins Grin Grin
I mean, bitcoin won't die does it? Please,... tell me it won't die.
please
please
please!

Wink

Bitcoin won't die, but it will be a lot less useful. The infrastructure around it will probably die. And I respect you too much to tell you where you can shove your cheap coins.

Bitcoin will finally separate from fiat, will become much more useful, and its price in USD will have no significance.

Although I have said "TO DA MOON!!!" quite a lot myself as well, I don't actually live on the moon; yet. Until then, fiat matters.

sheesh thats one dumb ass comment after another...



7. Post 10062372 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

Quote from: LFC_Bitcoin on January 06, 2015, 07:36:29 PM
Bullish



Not impressive, if you look at google trends its nothing like 2013 peaks



8. Post 10062479 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.44h):

Quote from: celebreze32 on January 06, 2015, 08:50:51 PM
Bullish



Not impressive, if you look at google trends its nothing like 2013 peaks

It's not a bad start though. I expect searches peak at the peak of a rally, not the start.

True, but I would expect something sharper. After all this is something lagging



9. Post 10073122 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

320 in a day?



10. Post 10073143 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Butterfly labs reopened and are supposed to begin issuing refunds, nice timing.



11. Post 10075132 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Quote from: Brewins on January 07, 2015, 11:41:16 PM
Bitstamp was supposed to be working again, don't?



Kodric said "ETA 24-48hrs". That was ~24 hours ago, I think.



12. Post 10075365 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Quote from: kryptopojken on January 08, 2015, 12:12:10 AM
Let there be dump

No!



13. Post 10075507 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Quote from: Fatman3001 on January 08, 2015, 12:22:13 AM

Tell him James!

https://www.youtube.com/watch?v=DgukXPbGS1I

Price be like




14. Post 10075667 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Quote from: JayJuanGee on January 08, 2015, 01:01:22 AM
300$ ideal for BTC.

O.k.  I will bite.  How is $300 ideal for BTC?

He likes the movie 300?



15. Post 10075716 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Quote from: Walsoraj on January 08, 2015, 01:09:08 AM
http://www.reddit.com/r/Bitcoin/comments/2row67/bitstamp_response_on_fiat_withdrawal/

Quote
Below you will find the email that one of our subscribers sent to Bitstamp, followed by their response (after 20minutes).

To whom it may concern,

Until you bring the trading service online, I would like proceed by WITHDRAWING my FUNDS, not coins. Is there a particular reason I can't do that at the moment? I understand the "trading" / "coins" part, but the fiat part, where my money is stored in a bank account, is another matter.

Why have I been restricted access to my cash, especially now that you cannot provide any responsible ETA?

Best Regards,

xxax xxlxoxx

Sent from Samsung Mobile

Dear customer,

For the time being, you cannot withdraw bitcoins or fiat held with us. This is because we have temporarily suspended our services in an attempt to make sure that all of our customers’ Bitcoin and personal information remain safe. In addition; the technical and accounting issues related to your request would be too great from a risk based perspective for a secure re-launch of our website and service as a whole.
We are working to restore our full services in the coming days, at which time you’ll be able to resume withdrawals, deposits, and other Bitstamp services.

We’ll keep you updated as we know more about timing, both on our Twitter handle and website.

Best regards,

Bitstamp Support

Note that our subscriber's account holds more than $250k. For that amount we think that he deserves more than just a template email response.

We really hope for the best.

Cheesy Cheesy Cheesy

And here they talk as if its already over for stamp https://www.cryptocoinsnews.com/bitcoin-exchange-bitstamp-rebuilding-customers-anguished/



16. Post 10080630 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Every passing minute the sentiment gets more bearish.
Maybe we finally are ready for landing?



17. Post 10080652 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Quote from: podyx on January 08, 2015, 01:42:16 PM
I guess I have to go take a couple loans if I don't get my money back.
This might be where my life goes down the drain if things go south. Probably won't happen though

Keeping my fingers crossed. Perhaps there should be a trader's union where we contribute towards a fund for the burnt by exchanges?



18. Post 10080879 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

Quote from: Tzupy on January 08, 2015, 02:01:49 PM
Go pandas! Grin

Very short term support broken on Huobi and OKcoin, more dumps coming? Wink

whats your price target?



19. Post 10102314 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.45h):

http://bfxdata.com/orderbooks/btcusd.php does anyone else have problems with the top graph? It just keeps loading on my screen



20. Post 10103260 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: JorgeStolfi on January 10, 2015, 12:48:04 PM
Honestly I am afraid to go to sleep.
I feel like the moment I nod off there will be a jump. Then when I wake up it will have dropped again.

Bitcoinwisdom and other chart sites let you set audio alarms when price exits a certain range.  Set it to 350$ and have a good night's sleep.

There are a number of mobile apps with the same functionality as well. Also you dont sound like a day trader, draw a strategy that seems more likely, decide how much you gonna invest in it and go to sleep knowing you've done it right.



21. Post 10103307 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: fonzie on January 10, 2015, 02:07:20 PM
If Bitstamp is back with improved security and no one got Goxed, why are we going nowhere but down?


Another question, would you really send money to Bitstamp in the next days/weeks? Seems like a gamble to me.

I would, but I wont Cheesy



22. Post 10119001 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

The great depression of february 2015?



23. Post 10119294 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Blazin604 on January 11, 2015, 11:55:42 PM
Very bullish right now

The crazy guy is back Cheesy


Quote from: Fatman3001 on January 11, 2015, 11:52:58 PM
Lol, do you know how bitcoin works on even the most superficial level?

I know that when the cost of electricity for making a bitcoin is close to 50% of the price of a bitcoin for some, expanding your mining operation by adding more overhead is not really a given, not to mention the cost of the actual HW. And as far as I know, the mining gear developers are reluctant to put all their money into 14/16nm FinFet processes when the prices drop like an anvil. So I was wondering if you have some specific information on why the hashrate would go "way up" anytime soon?

If price continues its decline its hard to imagine of rapidly rising hashrate, but maybe spooderman knows something we dont?



24. Post 10119427 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: NotLambchop on January 12, 2015, 12:04:52 AM
...
Great times for Crypto!!!



You so mean!



25. Post 10119616 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: billyjoeallen on January 12, 2015, 12:18:22 AM
PATTERN BETTING

I dunno who the heavy hitter(s) is/are, but they've become very predictable.


If the Four Punch raiders are still in control of this market (I think they prolly are), we're going to see a long squeeze before the next short squeeze. Even if you are margin long, make it an ass-load of margin. With cascading margin calls and forced liquidations (such as at $400, $340, and $275), I would make sure your long liquidation price is at least as low as $200 and prolly a little more just in case. Remember, all you have to do is survive the long squeeze, go full-on stupid margin long after the bottom, ignore or slightly trade the pause and then wait for the short squeeze to close your long, go margin short, don't fall for the second bounce, ride the next crash and then cover at a price slightly higher than the previous low (I'm guessing ~$222), withdraw10 percent of your profits to pay for hookers and blow, put in a bunch of bottom-feeding limit orders under that, rinse and repeat.

These guys could easily be doubling up every time the pattern repeats and it has repeated four times so far.  That means they have ~16 times as much market clout as they did when they first crashed the market.  

PATTERN:
CRASH (long squeeze)
BOUNCE
PAUSE (fake rally then fake crash)
SPIKE (short-squeeze)
SECOND BOUNCE
Complete dissipation of all upward momentum.


We are in the crash phase.





Who are the Four Punch raiders and how do I go margin long under present conditions?



26. Post 10119790 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: billyjoeallen on January 12, 2015, 12:50:36 AM
PATTERN BETTING

I dunno who the heavy hitter(s) is/are, but they've become very predictable.


If the Four Punch raiders are still in control of this market (I think they prolly are), we're going to see a long squeeze before the next short squeeze. Even if you are margin long, make it an ass-load of margin. With cascading margin calls and forced liquidations (such as at $400, $340, and $275), I would make sure your long liquidation price is at least as low as $200 and prolly a little more just in case. Remember, all you have to do is survive the long squeeze, go full-on stupid margin long after the bottom, ignore or slightly trade the pause and then wait for the short squeeze to close your long, go margin short, don't fall for the second bounce, ride the next crash and then cover at a price slightly higher than the previous low (I'm guessing ~$222), withdraw10 percent of your profits to pay for hookers and blow, put in a bunch of bottom-feeding limit orders under that, rinse and repeat.

These guys could easily be doubling up every time the pattern repeats and it has repeated four times so far.  That means they have ~16 times as much market clout as they did when they first crashed the market.  

PATTERN:
CRASH (long squeeze)
BOUNCE
PAUSE (fake rally then fake crash)
SPIKE (short-squeeze)
SECOND BOUNCE
Complete dissipation of all upward momentum.


We are in the crash phase.
Who are the Four Punch raiders and how do I go margin long under present conditions?

You shouldn't be margin long right now. I mean IF you are stuck margin long, post a shit-ton of extra margin to keep from being force liquidated, because a lot of people are going to get wiped out soon. If you can't do that, cut your losses by selling enough now to keep the margin call of your leveraged long position UNDER $200.

There will be an extremely high volume crash to ~ $200-$222 followed by a bounce into the high $200s, a side step lower and then a short squeeze. Don't go margin long until AFTER the bottom on the way back up.




So no 200$ Bottom prediction, just this pattern to no end?

Quote from: gotmilk_ on January 12, 2015, 12:52:15 AM

I think we're in a "fake crash phase"... Someone is slowly closing his shorts.

Does it really matter? Its not like we are going past 320 anytime soon



27. Post 10119827 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Richy_T on January 12, 2015, 12:57:48 AM
Yeah. Would say that many are mining with loss by now. They simply mine and hold hopping the price will go back up.

That would be silly. It would be better to switch off their equipment and buy bitcoin at that point (and arguably better just to switch off their equipment)

Being able to fastly switch off and on at low cost is something easy for the small miner and more expensive for the bigger miner (if not impossible, almost as if he is pushed to  bad decisions and implosion).
Then on the other hand bigger players must hav eexpected this situation, there was even some interview at cointelegraph about that. They also have longer runway.
or maybe Im wrong?



28. Post 10123726 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Mervyn_Pumpkinhead on January 12, 2015, 11:42:14 AM
Slowly switching from denial to fear. Couple of weeks ago, denial was the dominant sentiment, now we are also seeing fear, with only some still holding on to denial.






Correct, I see it in myself as well.



29. Post 10124469 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Pressure on miners confirmed!



30. Post 10124509 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Mervyn_Pumpkinhead on January 12, 2015, 12:23:24 PM
or instance, if the price would have stayed at 200$ for the first part of 2014, then it would have slowed down mining expansion and that would have meant less cost for the network and less selling pressure. Biggest buyers of coin jumped in too early and only exhausted their resources in paying the overheated and senseless mining network.


Congrats on selling @1061$! But if price was 200$ and less miners switched on because of that how would that mean less selling pressure? Please be more specific



31. Post 10132002 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Anyone else coming back from bed? yawn!
Is there blood on the streets yet?



32. Post 10132087 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: GaliX on January 13, 2015, 01:43:58 AM
Anyone else coming back from bed? yawn!
Is there blood on the streets yet?

no Blood would be like -10% or even more. This is just a 5% sting.

Wait and see how this develops before buying.

so 8$ more to go on okcoin before we are 10% down, that shouldnt take long.
We are just gently blood letting



33. Post 10132195 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: GaliX on January 13, 2015, 02:00:39 AM
good point to buy I guess, we won't break 250. Even if we do we will at least bounce back to 250 for sure.

u mean in the next few hours, right?



34. Post 10132333 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Eamorr on January 13, 2015, 02:17:10 AM
Time to figure out how to use my cold storage device?

I think it's in my safety deposit box. Bank not open for 7 more hours...

Thankfully the market should have recovered by then.
ouch



35. Post 10132528 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: derpinheimer on January 13, 2015, 02:43:16 AM
Do you guys think it will ever recover back one day?


Its still up 100,000% up from inception

From .0025 to $250 is incredible
Correct. This is why it will not recover..

Blood and gore!



36. Post 10132588 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.46h):

Quote from: pjviitas on January 13, 2015, 02:47:53 AM

The only limit to BTC is our imagination.




37. Post 10136768 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.47h):

Quote from: poncho32 on January 13, 2015, 11:33:43 AM
Anyone else coming back from bed? yawn!
Is there blood on the streets yet?

no Blood would be like -10% or even more. This is just a 5% sting.

Wait and see how this develops before buying.



Now we can call it blood on the streets. I hope everyone knows what this means.

No this is tomato ketchup on the streets. We won't see real blood until we have gone below at least 200.

First it had to be more than 10% drop, then it had to be under 266, then 255...

150$ FTW Who's got buy orders at 190-150 ?



38. Post 10137057 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.47h):

Get ready for the next dive!



39. Post 10137259 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.47h):

Quote from: InvestorPerson on January 13, 2015, 12:16:49 PM
Many holders will sell at this point, including me.

well... It's pretty stupid to sell into a 15% candle at the bottom of a bear market.


But that's just my 15 cents.

yes yes, it's the bottom  Grin Grin

its ok, he has his dagger gloves



40. Post 10138259 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.47h):

Last chance to dump and win before 200$?



41. Post 10138413 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.47h):

Quote from: fonsie on January 13, 2015, 01:37:14 PM
These price crashes sure attract a lot of Newbies to this thread, saddly they haven't got anything meaningfull to say.  Grin

as a newbie myself I mainly have questions, however pple seem to come here for the memes instead.



42. Post 10138486 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.47h):

Quote from: ImI on January 13, 2015, 01:54:27 PM
These price crashes sure attract a lot of Newbies to this thread, saddly they haven't got anything meaningfull to say.  Grin

as a newbie myself I mainly have questions, however pple seem to come here for the memes instead.

yeah, thats the meme-thread. information is gathered elsewhere.


Already on the news sites and few newsletters. Got any recommendations?



43. Post 10149297 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

What is this theory of shaking out speculators by price crash everyone keeps talking about?
"Sharply falling prices will ris us of all the idiots that are poisoning the btc ecosystem and then we can start healthy growth again, only when we cool pple are left"

Am I the only one to find this argument utterly s.. silly?



44. Post 10149615 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: mmitech on January 14, 2015, 10:32:43 AM
What is this theory of shaking out speculators by price crash everyone keeps talking about?
"Sharply falling prices will ris us of all the idiots that are poisoning the btc ecosystem and then we can start healthy growth again, only when we cool pple are left"

Am I the only one to find this argument utterly s.. silly?



nope, I agree with it 100%, most of Bitcoiners jumped in because of the price going up... you know the get rich kids, when the price crash (like there will be no tomorrow) these kids will dump the whole scene, which is perfect for Bitcoin to develop and prepare for the real mass adoption, the real thing that it was meant and designed for, and without these kids we can fix so many Broken things Bitcoin have.

So you think young people that bought in the 2013november rise are bitcoin's problem and shaking them off will make everything all cuddly and healthy again?
You think they prevent all the smart serious pple from fixing whats broken in bitcoin? How much have you donated to core devels?
But lets drop the "kids" for a moment, whats stopping a malicious player to come back in after a crash? He would only be able to buy more btc and have more influence, if his schemes worked before they would work again.

So adoption can start only after pple stop adopting it? I really dont get it.



45. Post 10150760 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: NotLambchop on January 14, 2015, 12:17:15 PM
Has anyone ever considered it may be the very people that print the dollars that dump bitcoin?

More food for thought:  Central banksters created Bitcoin to discredit their detractors.

Tinfoil hat on:
NSA created it and released it to undermine economies by offering their citizens a way of opting out after external pressure is applied.



46. Post 10150810 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: InvestorPerson on January 14, 2015, 12:21:29 PM
https://www.tradingview.com/v/EC1hLOVN/

best prediction ever

$800 in end of month Roll Eyes

those random lines will sure make me buy !


 Grin Grin

Literally every chart from this guy seems to be wrong Cheesy



47. Post 10151170 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: ShroomsKit on November 15, 2013, 10:19:08 AM
Looks like we're climbing slowly again Smiley

It still has trouble getting past that 450/2700 wall for some reason. It's such a tiny amount but it's stopping us for several days now.

Edit. China lost the battle again. I guess Gox will follow with just 700 coins from 450 Sad

this might just be a pull back. hold your coins and wait for it to rise


I'm holding forever Smiley


Some time ago
Maybe this should be my signature Cheesy



48. Post 10151654 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: esse83 on January 14, 2015, 02:10:44 PM
I'm sure that it's good that this drop is happening. Drop is caused by large influx of stolen coins (probably from Gox theft) to exchanges. In some way, scammers are returning stolen coins to community. When they are done, community will control those coins and things will be more stable and optimistic, unless some other bitcoin company is hacked, but I'm sure that they got more mature by now.

agree, theft is a big issue in this downtrend and resulting crash. nevertheless i am not so sure about exchanges being safer today. only stamp has implemented multisig for example.

Could it not be also because Gavin warned people to stay away from bitcoin (it's dangerous) and compared it to the dotcom bubble... Just a thought  Roll Eyes

Someone should tell Gavin to limit his public appearances and stick to CIA meetings.
Its a little like Elon Musk saying TSLA is overvalued "market cap is kinda high right now..." lol



49. Post 10152308 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: Fatman3001 on January 14, 2015, 03:12:39 PM
Bitstamp must be kicking themselves for not charging fees right now.

was thinking the same thing, finex and btc-e must be poppin bottles now thou



50. Post 10154459 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: turtoro on January 14, 2015, 06:19:50 PM
This comment is just ignorant and shows lack of knowledge about what you are so adamantly against. Im sure you form  most of your opinions based on elementary research, and yt videos based on what you just said.

Whatevs

Mostly some HOLY voice speaks to me. He knows everything and is really kind. And he likes boys with thight asses.

The comment doesnt even bother me, just makes me shake my head at you. Disagreeing on religion is fine, but basing that disagreement on on an irrational argument or lack of knowledge about a complex subject is pathetic. That actually applies with any topic.

as an atheist myself I have to agree with turtoro, but then again thats the most overbloated trolling thread on forum I have ever visited


EDIT:
Whatsup with btc-e dumpage?



51. Post 10154495 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: shirkan on January 14, 2015, 06:24:47 PM


imagine the hackers never intending to cash out the hacked BTC's but rather use them (with leverage) to crash the market. And why? Because they have legal wallets and accounts betting on the movement they create Smiley

No



52. Post 10154621 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: criptix on January 14, 2015, 06:29:04 PM
I occasionally hear that marginal trading and leveraged is bad for Bitcoin, can someone explain ? I don't know about trading stuff, just a hodler.

not sure why it is bad in general, but its probaly one of the reasons for great votality.

leverage + weak liquidity = high votality

Essentially gives the bears wings Cheesy



53. Post 10154751 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Stop with the religion shit, we all know all religion is evil and must be abolished sooner or later.
Just like bitcoin's price must grow sooner or later, right? Right? RIGHT?!



54. Post 10154983 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

okcoin pumpage? btc-e above finex and stamp?



55. Post 10155073 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.48h):

Quote from: Fatman3001 on January 14, 2015, 06:49:20 PM
Stop with the religion shit, we all know all religion is evil and must be abolished sooner or later.
Just like bitcoin's price must grow sooner or later, right? Right? RIGHT?!

If religion is evil what is it that defines what is evil?

I sincerely hope you are not trying to say that religion is what decides whats bad and whats evil?
That wouldnt deserve a reply.


Perhaps someone more eloquent than myself could answer this, like say Richard Dawkins

"The God of the Old Testament is arguably the most unpleasant character in all fiction: jealous and proud of it; a petty, unjust, unforgiving control-freak; a vindictive, bloodthirsty ethnic cleanser; a misogynistic, homophobic, racist, infanticidal, genocidal, filicidal, pestilential, megalomaniacal, sadomasochistic, capriciously malevolent bully.”

but we can also mention Muhamad and his warmongering, child fucking adventures?






56. Post 10158196 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Been spending some time browsing the forum

Quote from: Dalib on July 04, 2013, 11:11:54 PM
ITT: Everyone started believing the bears and shorted. Price rallying on low volume and people are worried for their shorts.  Cheesy
This is called Denial  Wink
So even panic -> surrender -> And optimism  Roll Eyes
Panic? No chance. It could drop to 40 and I would count my Bitcoins Tongue

the bubble in 2011 was very strange ...

1. first continuous decline
2. then a big fall
3. bounce up a a big disappointment
4. next fall
5. finally capitulation and the largest sales on the bottom  Undecided



I hope that people will be clever this year!

I cann't believe he kept the coins from $ 30 to $ 7 and most people sold for $ 5-6 ...










57. Post 10158562 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: colour on January 15, 2015, 12:32:19 AM
Moon?!



Wow what an awesome picture



58. Post 10158738 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: magicmexican on January 15, 2015, 12:43:47 AM
Huge and enormous pumps in the making, be prepared for the quad digits.

I thought 120 was your target?



59. Post 10159384 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Im back in, so what do you know outahere and colour actually called it along with shroomskit.
So hanging around here was useful after all




60. Post 10159540 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: colour on January 15, 2015, 02:44:13 AM
Man, I should have actually gone long @180 and sold @210 instead of just bulltrolling.  Tongue

Didn't actually expect this to go up this high, lol.




61. Post 10163327 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

CCMF?
Thanks Shrooms



62. Post 10164747 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Been keeping an eye on the Poll been consistently split right down the middle.




63. Post 10166390 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: Sitarow on January 15, 2015, 05:49:22 PM


Is there anything specific you want to point to?



64. Post 10167831 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: itod on January 15, 2015, 08:21:00 PM
https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf

Stamp hack wallet still growing.... Over 1,000 coins since hack and supposed fix.  Huh Undecided Huh

People sending coins to old address? Sad

This intrigues me a lot. No chance someone is too lazy to check his deposit address for a sum of 1000 BTC after all media hype about Bitstamp hack. I think that the undiscovered nature of that hack has something much more interesting in it, but Bitstamp will never reveal it cause it would interfere with PR oblivion they are trying to impose on the whole incident. That hack is not a simple hot-wallet steal, their quick changeover to multisignature addresses indicates that also. Would love to hear some explanation from Bitstamp, as long as it is not Gox-style malleability nonsense.

its weird that they are still going there. Is it possible pple are still sending there, claiming they were not up to date with events (even if they were what would courts say?)?



65. Post 10167974 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: Walsoraj on January 15, 2015, 08:28:27 PM
Apparently, Ross's defense is arguing that Mark Karpeles was DPR at one point.

https://twitter.com/kari_paul/status/555820627907846144

https://twitter.com/a_greenberg/status/555820629703008256

*edit*

Found those tweets on Reddit. http://www.reddit.com/r/Bitcoin/search?q=bitcoin&sort=new



Is there any other confirmation of this? Thats crazy O.o



66. Post 10168755 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: ivyleague1985 on January 15, 2015, 10:05:23 PM
Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins.

Still, I don't see how this affects the price  Cheesy
He is just some dude with some insider info.

He was trying to pump the price before the crash lol


Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion.

I think it's serious big news..

When it is not big news, no one will take him seriously anymore..

He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami...

How come a meeting becomes so important? Must be something else I think.

Surprise announcement by winklevoss related to ETF?



67. Post 10168832 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: SnokkomBTC on January 15, 2015, 10:10:41 PM
Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins.

Still, I don't see how this affects the price  Cheesy
He is just some dude with some insider info.

He was trying to pump the price before the crash lol


Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion.

I think it's serious big news..

When it is not big news, no one will take him seriously anymore..

He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami...

How come a meeting becomes so important? Must be something else I think.

Surprise announcement by winklevoss related to ETF?
That would be Gentlemen


I have the feeling "Gentlemen" is some sort of an inside joke?



68. Post 10168949 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: coins101 on January 15, 2015, 10:24:49 PM
.....snip...
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
....snip...

he used silk road to leverage that price?

What does that mean?

Can someone do it again? Please

Exactly my thoughts. The plot thickens. Bears are gonna run with this either way...



Quote from: Eamorr on January 15, 2015, 10:28:19 PM
I have the feeling "Gentlemen" is some sort of an inside joke?

Someone on reddit wrote "this is gentlemen" instead of "this is it gentlemen" during a price pump a few months ago. Everyone was all giddy with the price increase they made "gentlemen" into a thing like "to da moon". True story.

"This is gentleman"

Not sure what it means myself. Kinda foreign. It's sorta poetic (especially in the context of the panic and all the silly memes and gifs). Made me smile a few days ago when I first read on Reddit. Started using it here.

I understand, thank you.



69. Post 10169186 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):




Quote from: esse83 on January 15, 2015, 10:19:52 PM

The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.




What the hell do they mean by "leverage that price and raise it"?
Can anyone here come up with a scenario how keeping gox money at silk road could have raised the price?





70. Post 10169260 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: esse83 on January 15, 2015, 10:56:03 PM




The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.




What the hell do they mean by "leverage that price and raise it"?
Can anyone here come up with a scenario how keeping gox money at silk road could have raised the price?




Well he knew how to do perfect trades (and he had tons of btc - probably more than 200k), he was the CEO after all. So he was in complete control of the price for years. Why do you think we have been going down for more than a year after gox collapsed? Because Mark is gone. That is the main reason.

So he used Gox to acquire coin and raise price, did he really need SR too?
Was SR-created demand such a driving factor in price raise?



71. Post 10169297 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: WeltMaster on January 15, 2015, 10:58:38 PM




The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.




What the hell do they mean by "leverage that price and raise it"?
Can anyone here come up with a scenario how keeping gox money at silk road could have raised the price?




My guess is that (assuming this whole thing is true) Mark used the bitcoins from SR to pump bitcoin on gox, then when shit hit the fan he seppuku'd SR with the help of the FBI (remember this caused the huge bubble up to $1k)

It's sadly actually looking plausible but I still remain sceptical about the whole thing, DPR is a VERY opinionated and idealistic guy which Mark really isn't, their characters just don't match in my opinion.


Unless it was all a ruse..

Are you basing this on the interview DPR gave, which some canadian dude did on his behalf? Someone with strong libertarian views.
Why would he need bitcoin from SR to pump on gox? He supposively could have been doing anything on gox?


EDIT
Quote from: elasticband on January 15, 2015, 11:01:12 PM

the escrow service at silk road, people pay in 10 bitcoins, push the price up and give them 5 bitcoins to the vendor for the $$$ value of the transaction held in escrow

Never used it, how did that escrow thing worke exactly?



72. Post 10169492 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: ivyleague1985 on January 15, 2015, 11:23:07 PM
Willy bot's story was bad...that one is terrible. Most bearish thing I've read lately. Disturbingly plausible but still highly suspicious that it gets "revealed" precisely today. Great FuD event anyhow. BTC never disappoint.

The story of Mt. Gox and Silkroad is more and more like a drama. I believe it will attract eyeballs for bitcoin.

Maybe Hollywood wants to shoot a movie about this, which further promote the public awareness of bitcoin.

Name: "The Wolf of the Silkroad"?

Already saw two suggestions for this. I dont see hollywood ever doing this.
However you know who did a great piece "the real wolf of wallstreet"? - VICE

VICE could cover this story its right up their ally. I hope someone there realizes what a great story this is and how much it suits their media
Lets mail Shane Smith!



73. Post 10169555 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.49h):

Quote from: lebing on January 15, 2015, 11:32:18 PM




The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.




What the hell do they mean by "leverage that price and raise it"?
Can anyone here come up with a scenario how keeping gox money at silk road could have raised the price?




My guess is that (assuming this whole thing is true) Mark used the bitcoins from SR to pump bitcoin on gox, then when shit hit the fan he seppuku'd SR with the help of the FBI (remember this caused the huge bubble up to $1k)

It's sadly actually looking plausible but I still remain sceptical about the whole thing, DPR is a VERY opinionated and idealistic guy which Mark really isn't, their characters just don't match in my opinion.


Unless it was all a ruse..

How does one uses bitcoins - to pump bitcoins?

You don't.

It''s a moronic theory.

I agree not very good theory, do you have one?



74. Post 10169699 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.50h):

This BTC roller coaster has me totally slacking AFK

Wild volatility and volume, trendlines broken, chaos, blood.
Then there is fake volume news, bitstamp news, Karpeles&Ulbricht news, a couple of companies turned scammers, a couple of companies closing doors/filing for bankruptcy.
More to come tomorrow... was price rise a bull trap or a reversal, btc miami conference with garza and winklevosses, some weird fat guy on twitter and his life changing news.




75. Post 10170209 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.50h):

Bears seem to have went to sleep?
WarrenBuffert and his "crew" not dumping 1000BTC in 3 phases anymore? Smiley



76. Post 10171501 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.50h):

Quote from: NotLambchop on January 16, 2015, 12:52:37 AM
Bears seem to have went to sleep?
WarrenBuffert and his "crew" not dumping 1000BTC in 3 phases anymore? Smiley

Wait, you're proud that for the first day since ever, the price hasn't tanked?  I remember bulls being huge fans of "The Big Picture."  "Zoom Out," they say.  So zoom out from 24hrs to  3d | 7d | 30d | 6m.  Yep.
Bears farting through silk is all I see Cool

NotLambchop seems to not be boasting about an inevitable crash - BULLISH!



77. Post 10171576 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.50h):




source: http://www.goldmadesimplenews.com/gold/this-is-what-10000-people-queuing-to-buy-gold-in-china-looks-like-10987/



78. Post 10171635 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.50h):

Quote from: heartastack on January 16, 2015, 04:11:42 AM

So the article said its a jewlers having a sale. So are the Chinese just keen for a bargain? Kinda like when there's a sale in America fat people actually get off their fat-person buggies falling over and curb stomping each other for cheap tv's and baked-beans. Better buy up that shit before the next Easter rush!!

I knew I should have only posted the picture.


Quote from: camolist on January 16, 2015, 04:07:37 AM
im all in... countdown till crash...

anyday now... (all in but could still margin buy on crash which im kind of hoping for...)

dont jinx it, bears just went to bed



79. Post 10171681 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.50h):

Quote from: heartastack on January 16, 2015, 04:21:43 AM

I knew I should have only posted the picture.


Then you would be a deceptive shill scumbag. Got enough of those.

The article is old and has very little to do with current events.



80. Post 10178183 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.50h):

Quote from: Feri22 on January 16, 2015, 04:58:16 PM
So WTF was the man in twitter talking about??? Nothing happened....yet

yeah whatsup with the fat Adam guy, anyone has news? Must be Miami conference related, right?



81. Post 10246935 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.52h):

Quote from: DaRude on January 24, 2015, 09:05:19 AM
Why is everybody so excited?

The price hasn't changed that much in 3-4 days.

We seem to have broken the downtrend, and a bunch of good news recently. And price was ~$212 3/4 days ago now it's $234 ~10% bump in 3days is better than a 20% drop in a day

Have we broken the downtrend? What is the evidence behind that?



82. Post 10261841 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

oh my, I thought all the experts were predicting 130$ ? Smiley I guess not this time! Smiley

CCMF..? ..!!!



83. Post 10261973 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

All the bears juggling dead cats seem to be asleep missing all the fun. When they wake up it will be like watchin 2girls 1 cup for 'em Cheesy



84. Post 10262424 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Sitarow on January 26, 2015, 04:45:48 AM
And of course, my $289 sell order that I pulled would of been perfect

Always this shit... Sad Grin

Dont worry you'll probably get another chance to sell at 289 on the next surge upwards

At which point he will be gagging to re-buy at $310  Smiley
wow

https://www.youtube.com/watch?v=WBsxLMCA8R8

Internet too slow, whats the jist of it?



85. Post 10262608 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

we seem to be giving this guy a whole lot of attention. He has proven to be a shithead.



86. Post 10262826 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Quote from: JorgeStolfi on January 26, 2015, 05:50:18 AM
it really is an interesting approach. It shifts the curve by pi/2, and normalises (by A) creating a normalised even function.

Sorry, I could not get beyond that.  However,  I found a formula (attributed to Euler) for sin(x) as an infinite product

sin(\pi z) = \pi z \prod_{n=1}^\oo (1 - \frac{z^2}{n^2})

It looks similar enough to your function shifted and scaled as before

f(\pi (z + 1/2)) = A g(z)

where z = x/\pi - 1/2,

A = \prod_{m=1}^\oo \frac{(4m-1)^2}{4m(4m-2)}

and

g(z) = \prod_{m=1}^\oo (1 - \frac{4z^2}{(4m-1)^2})

Maybe you can get some inspiration out of it...




87. Post 10263103 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Blazin604 on January 26, 2015, 06:48:16 AM
What is this www.coinbase.com/lunar thing? are they going to be accepting any ALT coins?

probably, but it wont be the one you've been hyping here for weeks! Cheesy



88. Post 10263242 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Blazin604 on January 26, 2015, 07:01:06 AM
What is this www.coinbase.com/lunar thing? are they going to be accepting any ALT coins?

probably, but it wont be the one you've been hyping here for weeks! Cheesy

One ive been hyping? The fuck are u talkin about

digishit



89. Post 10263302 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Quote from: SnokkomBTC on January 26, 2015, 07:52:31 AM
Lambtroll, are you buying???



maybe today is the day he turns bull!



90. Post 10263417 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Change 24h (%)
22.030 %

not too shabby



91. Post 10264168 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Quote from: razorramon on January 26, 2015, 09:40:31 AM
i have a question because of the regulations of a US exchange...

so if coinbase is opening an etf...doesn't that mean that they have to have a certain amount of bitoins as a backup?
wasn't it said they need 1:1 backup?

do you think they have so much bitcoin backed up?

is the lunar project the countdown to them buying bitcoins?


My understanding is the consensus for the lunar thing is their initial launch of the exchange. I dont think they will begin buyiong then I am sure they have secured enought bitcoin already. More likely scenario seems to be there is moeny waiting to be deposited once they open.



92. Post 10268581 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.53h):

Quote from: Afrikoin on January 26, 2015, 03:36:26 PM
$260 retracement. 6 hours till Asia opens is enough time to bring down oversold levels on 6h bitfinex. This is a retracement. question is 23%, 38% or 50%


38% or more seems unlikely at this point



93. Post 10292439 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.54h):

Winklevoss twins: Bitcoin will explode beyond $1 trillion - Jan. 27, 2015 http://buff.ly/1uzbVly  @MattMEgan5 @winklevoss #bitcoin

Thats actually their last tweet.



94. Post 10293158 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.54h):

lol YourMother you must be buying like crazy right now



95. Post 10466236 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.58h):

Quote from: billyjoeallen on February 15, 2015, 10:45:52 AM
Looks like the bear counterattack is already running out of steam. time to wait.

272 here we come! Volume is coming back in also



96. Post 10466350 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.58h):

Quote from: podyx on February 15, 2015, 11:01:41 AM
I was planning to sell at 268.

What a surprise that it only reached 267.92

You should get another go at it soon enough.



97. Post 10466613 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.58h):

Epic fights and comebacks, 252$ assault




98. Post 10468033 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.58h):

Quote from: Fatman3001 on February 15, 2015, 02:04:40 PM
derpa derpa derrrrrrp 20% $50 ish rise in 1 day on zero news at all and now we rock back down (of course) ... just a question of if / how far past we go back below 200 ... $20 loss in the last couple hours ... we'd be at $0 in the next 12 hours if it continued to lose value at the rate it has been dumped ... currency of the future !

And if my car accelerates as fast for the next couple of months as it does the first 10 second it will achieve the speed of light. SpaceX would be beaten by a Renault. SUCK ON THAT ELON MUSK!!!

Ahaha that is awesome Smiley There was a guy with a thread here, convinced he will double his 100$ 12 times in a row Cheesy

236$ next?



99. Post 10468230 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.58h):

yeah another hacked exchanger for thousands of coins has nothing to do with it, right?

EDIT: fkin hate gettin stopped like that!



100. Post 10469056 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.58h):

Quote from: NotLambchop on February 15, 2015, 03:31:54 PM


what is this laughing about? you buying? u never share your trades or expectations here



101. Post 10490595 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_13.59h):

Quote from: mrkavasaki on February 17, 2015, 03:28:36 PM
do you guys think, we can rise to $1000, still in this year?

No, but thats something I'd love to be wrong about.



102. Post 11248113 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_14.13h):

time to go down?



103. Post 11250811 (copy this link) (by JamesBrown) (scraped on 2020-04-04_Sat_14.13h):

its been an eventful week in BTC world. High Five to all that chose 240$ as the level for may 1st