Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12317. (Read 26619980 times)
December 05, 2018, 12:00:28 PM
December 05, 2018, 11:58:22 AM
Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
Key takeaway for Institutions, Bitmain, Forkers, etc:
Bitcoin cannot be owned. Bitcoin will own you before you own Bitcoin.
I'm referring to Bitcoin with a capital B. The protocol and network. Not bitcoin the currency. Of course you own your private keys.
December 05, 2018, 11:53:16 AM
Just been to collect a bit of precious myself. Now off home to eat lots of junk food & get high!
Hope to see $4,000 again by the end of the day
so
i don't smoke myself for years.... very very sometimes on a birthday for lulz, but not often and especially cause my last birthday i was so sick of booze and just 5 hits of a joint .... man you cannot imagine how i was feeling @that time
but short said i'm no SMOKER myself but i don't disapprove guys for smoking cause i do understand the fun of it as well
I really should live a clean life. Maybe when BTC moons.
Sorry for the OT guys!
Think Ill go the other way. I'm aiming for spiral of debauchery
December 05, 2018, 11:41:21 AM
It is busy here....
The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours. I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?
The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...
I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.
The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours. I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?
The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...
I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.
I've often wondered about this.
Many of the people here sat through 2014/15 so their hides will be like concrete. I guess that doesn't stop being bored shitless though.
Even if the gloom matches it, there are still many more people to be gloomy together than last time.
December 05, 2018, 11:40:11 AM
I wouldn't describe you as a weird little prick.
You are too hard on yourself, man.
You are too hard on yourself, man.
December 05, 2018, 11:39:32 AM
It is busy here....
The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours. I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?
The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...
I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.
The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours. I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?
The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...
I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.
December 05, 2018, 11:26:07 AM
December 05, 2018, 11:25:14 AM
December 05, 2018, 11:24:52 AM
I feel a little bit of anti doom coming on ...
sigh
Cruel tricks
(Currently $3867)
sigh
Cruel tricks
(Currently $3867)
Cruel cruel tricks
December 05, 2018, 11:24:52 AM
December 05, 2018, 11:22:30 AM
December 05, 2018, 11:19:52 AM
OT:
https://www.cnbc.com/2018/12/04/cramer-this-sell-off-was-caused-by-a-computer-driven-footrace.html
It's like ol' Jimbo is literally confessing to the market manipulation via algos. And is it really any different in the Bitcoin market? I don't think so.
https://www.cnbc.com/2018/12/04/cramer-this-sell-off-was-caused-by-a-computer-driven-footrace.html
Quote from: Jim Cramer
"Here's the problem: there are now so many hedge funds using the same algorithm, same programs [that] there simply aren't enough investors willing to take the other side of the trade. If we all know that stocks go down on certain triggers, then who the heck would want to buy stocks?" Cramer said.
"That's how you get a day like today, where the market goes into free-fall," the "Mad Money" host continued. "When the percentages are against you and the algorithms are in charge, ... nobody wants to try to be a hero and bet against them."
"That's how you get a day like today, where the market goes into free-fall," the "Mad Money" host continued. "When the percentages are against you and the algorithms are in charge, ... nobody wants to try to be a hero and bet against them."
It's like ol' Jimbo is literally confessing to the market manipulation via algos. And is it really any different in the Bitcoin market? I don't think so.
December 05, 2018, 11:17:44 AM
My bcash-ABC short is getting prettier. Its prettiness doubled in 24 hours. Wish I'd had the foresight to short harder.
December 05, 2018, 11:16:07 AM
@BTCMILLIONAIRE thats a whole lot of tasting before understanding whisky, going to try it but i guess for after the holidays.... THX for the post
If you drink regularly it will probably be quicker for you. I normally only partake in the herb, especially during the time I started my experiment. No drinks for years beyond 2-3 days per year when some friends had their birthdays or came on their rare visits, so it probably took me longer to adjust to the taste of alcohol than others. 
December 05, 2018, 11:15:51 AM
Tesla Owner: "My car is only 5 years old and the battery went bad! What do you mean that you no longer have a replacement OEM battery that fits my year model??? "
All Tesla batteries are are a mountain of Panasonic 18650s bunched together. They're slightly larger than an AA battery.
If your battery dies, order thousands of them from Ebay and the family Christmas can be spent with everyone stuffing them into the battery tray. Should be done by New Year.
The battery longevity stats are actually seriously impressive. There are 200,000 mile cars with about 85% capacity left.
It's the software side of things that's more of a concern, especially if your car is 'blacklisted' for a non official repair. I don't think people will take too kindly to the cloud esque form of 'ownership' compared to the traditional one when it comes to cars.
I am not among the Tesla haters, I think they are pushing the tech in a good way, do be aware what happens when a large lithium chemistry battery decides to combine with oxygen however.
https://www.youtube.com/watch?v=WdDi1haA71Q
December 05, 2018, 11:13:54 AM
I prefer a Rolls.... Does that count as well?
December 05, 2018, 11:10:56 AM
December 05, 2018, 11:09:10 AM
@BTCMILLIONAIRE thats a whole lot of tasting before understanding whisky, going to try it but i guess for after the holidays.... THX for the post
jack daniels old no 7 was the go to for me back in the day, guess im just a barbarian.
December 05, 2018, 11:08:05 AM
when moon
December 05, 2018, 11:06:27 AM
Don't worry, BTC is not going so low. My prediction is that December will be a real struggle, afterwards, the price will begin to recover, whales would probably use mass media to pump the price by consecutive good news.
There's the old investment wisdom, saying you should sell when you hear about an investment at your hairdresser (sorry, I can't find a literal quote to add as a reference). At the end of last year, one of my nieces wanted to buy Bitcoin. That would have been the perfect cue to sell!There's another old investment wisdom: "the time to buy is when there's blood in the streets" (Rothschild), "even if the blood is your own". Currently, the "Bitcoin is dead" news is stronger than I've ever seen. Based on this old investment wisdom, that would make it the time to buy now.
Note: I don't give investment advice, I'm not buying, I'm not selling. I'm just enjoying the ride up, crying the ride down
If i recall correct, it was actually Rockefeller who said it, not the rothchild(s)
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