Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12956. (Read 26715087 times)
October 10, 2018, 12:01:14 PM
October 10, 2018, 11:49:24 AM
IBM 650.
"The IBM 650 is a decimal computer made from vacuum tubes in pluggable units with magnetic drum main memory. The basic system consists of the computer itself with a front operator panel, the power supply which is the same size but featureless and the IBM 533 card reader/punch that was the input/output device."
...No fair that doesn't fit in your bedroom!
I learned machine language 6502 on the Vic20 and later got the commodore64 which was 6510... I started on a Timex/ Sinclair ZX81. Used to stay up all night programming.
Ah the good old days.
Ah the good old days.
Did you have to build the sinclair?
I pioneered the JNR - jump never return whilst at university working with machine code
You gotta go back when you goto in structured.
October 10, 2018, 11:40:38 AM
October 10, 2018, 11:36:59 AM
why is bitstamp lagging behind most other exchanges by almost 1%?
other exchanges mostly priced in tether not dollarlotta tether fud recently, losing value versus dollar
What's your fellings on tether?
Anyway tether is a scam with likely little consequence.
October 10, 2018, 11:23:53 AM
I agree, retail interest in Bitcoin is very low right now, which gives the sharks plenty of room to swim without interference. But once we see some news that spikes enough people's interest, the domino effect will take place like in 2017:
- Institutional investors quietly buying Bitcoin...
- Some announcement drives decent interest in buying Bitcoin
- Bitcoin price goes ^
- "Bitcoin Bull Run Again?" in news cycle
- People start FOMO and buy BTC
- Bitcoin price goes ^^
- More news cycles about Bitcoin "Bitcoin Goes on a Real Tear This Time, Will We See $1,000,000? Jamie Dimon Says Yes"
- More people FOMO buy
- Bitcoin price ^^^
- News cycles go wild, your grandma sees it and calls you to ask you to help her buy Bitcoin
- Institutional investors taking profit $$
- Bitcoin price ---
- People tell themselves this is consolidation before more ^^^
- Institutional investors finish taking profit $$$, start shorting
- Bitcoin price \/
- People say, "just people taking a little profit before hitting the REAL bull run"
- Bitcoin price \/\/
- People start getting a little worried about a repeat, not buying any more
- Institutional investors get busy shorting
- Bitcoin price \/\/\/
- People start reverse FOMO, selling all their holdings
- Bitcoin price \/\/\/\/\/
- Institional investors cashing in shorts... $$$$$$$
- Retail investors lose their shorts
- Bitcoin bottoms and cycle starts all over again
I am not sure why this narrrative - that institutional investors always make the right calls and own the markets while retail investors always get killed- is so prevalent in crypto psyche. Most of bitcoin richlist are retail investors. Meanwhile funds drove the ICO craze and got killed. But whatever excuse you want to make as to why you’re not wealthier, go right ahead if it makes you feel better.
The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light. Not all institutional investors were/are involved in the manipulation and therefore got burned by the crash earlier this year, while naturally, some HODL-ers are on the richlist (it's easier to have lots of Bitcoin if you acquired/mined it when it was cheap), and some retail traders have gotten lucky and hit it big. The point is the average Joe who is trying to get into Bitcoin is essentially robbed of his money by market manipulation he has no idea even exists.
But then again, market manipulation exists in other markets as well... stock, commodity... they just have more regulation, so it's easier to get caught.
Market manipulation does not exist on any large scale. Prove it. If retailers hold they win. Simple as that. If you are trying to day trade the chop, then you’re probably just a bad trader.
October 10, 2018, 09:04:05 AM
Essentially the point is that institutional investors want to buy up large quantities of Bitcoin without moving the price. So if they are only buying OTC from Bitmain and other large miners, and the "halvening" happens in 589 days... then I would agree that could easily be where the increase in price comes.
When I said "probably well before the halvening", I was thinking along the following lines.Lately, volume on traditional exchanges has been ridiculously low. I think this might not be tightly connected with shark buyers going OTC; they have been doing things that way for a while already. The issue is small fish losing interest, patience, fiat money, or all of the above. As soon as all these things build back up, exchange prices must inevitably get a push. Any sign of a bull market will likely trigger a wave of small fish FOMO that will be impact prices for all to see, including MSM. Which will likely create some feedback loop and we'll be back to late 2017 scenarios.
Quote
Maybe we should ask Jamie Dimon. I bet he has a pretty good idea of when that might be.
So, who calls him? Will you or should I? I'd call Jamie Dimon, but I think he blocked my number due to my efforts to call out his BS in 2017.
I agree, retail interest in Bitcoin is very low right now, which gives the sharks plenty of room to swim without interference. But once we see some news that spikes enough people's interest, the domino effect will take place like in 2017:
- Institutional investors quietly buying Bitcoin...
- Some announcement drives decent interest in buying Bitcoin
- Bitcoin price goes ^
- "Bitcoin Bull Run Again?" in news cycle
- People start FOMO and buy BTC
- Bitcoin price goes ^^
- More news cycles about Bitcoin "Bitcoin Goes on a Real Tear This Time, Will We See $1,000,000? Jamie Dimon Says Yes"
- More people FOMO buy
- Bitcoin price ^^^
- News cycles go wild, your grandma sees it and calls you to ask you to help her buy Bitcoin
- Institutional investors taking profit $$
- Bitcoin price ---
- People tell themselves this is consolidation before more ^^^
- Institutional investors finish taking profit $$$, start shorting
- Bitcoin price \/
- People say, "just people taking a little profit before hitting the REAL bull run"
- Bitcoin price \/\/
- People start getting a little worried about a repeat, not buying any more
- Institutional investors get busy shorting
- Bitcoin price \/\/\/
- People start reverse FOMO, selling all their holdings
- Bitcoin price \/\/\/\/\/
- Institional investors cashing in shorts... $$$$$$$
- Retail investors lose their shorts
- Bitcoin bottoms and cycle starts all over again
(snip)
The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light.
The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light.
October 10, 2018, 08:59:17 AM
There is a thing called fun, doesn't that have any value? For me it has more value than money, life is for living, not always thinking what outcome is the best financially. And money is fairly easy to make anywhere in the world.
There is always a possibility that something might happen and/or someone might have personal reasons (an illness or smth) to do so, everyone can't wait for 5 years, maybe he still has a big chunk of BTC left
There is always a possibility that something might happen and/or someone might have personal reasons (an illness or smth) to do so, everyone can't wait for 5 years, maybe he still has a big chunk of BTC left
True. If you're retired and have nothing better to spend your money on then a lambo is a good way to burn through some cash.
But if you're still working and buy a lambo...you just extended your working days by the amount you have to earn to pay for that thing (which would be the opposite of fun). Unless you enjoy your work.
October 10, 2018, 08:56:22 AM
If we can hold the $6k floor through to the end of January, then it’s on like Donkey Kong.
...and if we can't, a conservative short might be the ticket.
You are vocalizing this "shortie thingie ma jiggie" a lot, recently. Getting me worried in a kind of maternal sense.
October 10, 2018, 08:39:51 AM
maybe .... BUT I WILL JUST BE HODLING MY BTC FOR THE NEAR FUTURE IN FINE AND SAFE COLD STORAGE , and yes not really use it ..... #HO:
DL
How about: NO.
The only solution is direct payment with some sort of subsidiary coin that is pegged to bitcoin. (bitcoin will always be a hodl at home coin that you will just use small pieces of it for rare transactions and not day-to-day buy bread or coffee transaction coin)
October 10, 2018, 08:36:02 AM
I agree, retail interest in Bitcoin is very low right now, which gives the sharks plenty of room to swim without interference. But once we see some news that spikes enough people's interest, the domino effect will take place like in 2017:
- Institutional investors quietly buying Bitcoin...
- Some announcement drives decent interest in buying Bitcoin
- Bitcoin price goes ^
- "Bitcoin Bull Run Again?" in news cycle
- People start FOMO and buy BTC
- Bitcoin price goes ^^
- More news cycles about Bitcoin "Bitcoin Goes on a Real Tear This Time, Will We See $1,000,000? Jamie Dimon Says Yes"
- More people FOMO buy
- Bitcoin price ^^^
- News cycles go wild, your grandma sees it and calls you to ask you to help her buy Bitcoin
- Institutional investors taking profit $$
- Bitcoin price ---
- People tell themselves this is consolidation before more ^^^
- Institutional investors finish taking profit $$$, start shorting
- Bitcoin price \/
- People say, "just people taking a little profit before hitting the REAL bull run"
- Bitcoin price \/\/
- People start getting a little worried about a repeat, not buying any more
- Institutional investors get busy shorting
- Bitcoin price \/\/\/
- People start reverse FOMO, selling all their holdings
- Bitcoin price \/\/\/\/\/
- Institional investors cashing in shorts... $$$$$$$
- Retail investors lose their shorts
- Bitcoin bottoms and cycle starts all over again
I am not sure why this narrrative - that institutional investors always make the right calls and own the markets while retail investors always get killed- is so prevalent in crypto psyche. Most of bitcoin richlist are retail investors. Meanwhile funds drove the ICO craze and got killed. But whatever excuse you want to make as to why you’re not wealthier, go right ahead if it makes you feel better.
The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light. Not all institutional investors were/are involved in the manipulation and therefore got burned by the crash earlier this year, while naturally, some HODL-ers are on the richlist (it's easier to have lots of Bitcoin if you acquired/mined it when it was cheap), and some retail traders have gotten lucky and hit it big. The point is the average Joe who is trying to get into Bitcoin is essentially robbed of his money by market manipulation he has no idea even exists.
But then again, market manipulation exists in other markets as well... stock, commodity... they just have more regulation, so it's easier to get caught.
October 10, 2018, 08:33:13 AM
Not Russian, Dagestani Muslim*
Which is legally a part of Russian Federation, hence making Khabib a Russian. If you come from California you are not called a Californian, but an US American.
Got my lambo after bitcoin reaches 6,600$ yesterday 
Ridiculous.
Is that you Joulian? Buying a Ducati with your bitcoin at $450?There is a concept. Delayed gratification. Reminds me of some of the dumbasses such as roach, and some others talking about cashing their 2x or 3x bitcoin profits or pumping diversification into precious metals right before the May 2016 bitcoin uptrend.... and could have done much better with some will power. Or bitcoin hodl power.
Buying a lambo is like buying a shitcoin that you can show off. They both lose value at about the same rate.
There is a thing called fun, doesn't that have any value? For me it has more value than money, life is for living, not always thinking what outcome is the best financially. And money is fairly easy to make anywhere in the world.
There is always a possibility that something might happen and/or someone might have personal reasons (an illness or smth) to do so, everyone can't wait for 5 years, maybe he still has a big chunk of BTC left
October 10, 2018, 08:22:17 AM
Eh, WTF? chili fries, watch it bud Its called Poutine and its fun to say.
Its called Poutine and its fun to say.Poutine is with gravy, not chili.
Original Joe's is a steakhouse that originated in San Jose, California, and they serve steak with fries as an option. The original is gone (I think) but many still exist up and down the Cali coast.
Sheeit, in the Midwest and South you see steak served with fries *everywhere* (outside of a 5-star restaurant, that is).
whatever its not about food in here, but if i have too say something about it : when someone would plan a visit to europe and have a chance too visit belgium, just do it for the kitchen .
possitive that its the best in the world, from the most regular resto's its already SUPERIOR .....
A good suggestion only for potato's lovers, the only places in eu where you are supposed to eat good are Italy and the southern part of France. Btw steak+fries are very common in Italy, the most common main dish for the children's menu in restaurants is cutlet+fries, I was just assuming that they were common also in America...
Ps: if you Google image "steak fries" and "bistecca patatine" (same thing in italian), differences are astonishing
October 10, 2018, 07:55:05 AM
October 10, 2018, 07:53:51 AM
why is bitstamp lagging behind most other exchanges by almost 1%?
other exchanges mostly priced in tether not dollar
lotta tether fud recently, losing value versus dollar
Thanks now it make sense!
What's your fellings on tether?
October 10, 2018, 07:40:30 AM
October 10, 2018, 07:29:38 AM
why is bitstamp lagging behind most other exchanges by almost 1%?
other exchanges mostly priced in tether not dollar
lotta tether fud recently, losing value versus dollar
edit https://www.binance.com/en/trade/TUSD_USDT
October 10, 2018, 07:15:51 AM
why is bitstamp lagging behind most other exchanges by almost 1%?
October 10, 2018, 06:05:23 AM
On a related note, my gambling BCH short has grown in size and has been repositioned a bit higher. In the green now. I'm tempted to close it, but greed is a thing when I gamble.
greed it all the way DOWN
October 10, 2018, 06:02:55 AM
Got my lambo after bitcoin reaches 6,600$ yesterday
Ridiculous.
Is that you Joulian? Buying a Ducati with your bitcoin at $450?There is a concept. Delayed gratification. Reminds me of some of the dumbasses such as roach, and some others talking about cashing their 2x or 3x bitcoin profits or pumping diversification into precious metals right before the May 2016 bitcoin uptrend.... and could have done much better with some will power. Or bitcoin hodl power.
Buying a lambo is like buying a shitcoin that you can show off. They both lose value at about the same rate.
maybe but sometimes i do understand 1 would like too buy himself something special.... and if lucky with an LIMITED edition sportscar ...they don't necessarily losing value and especially not like many shitcoins will do...... they will not have the same return potential of BTC , but not everyone will be seeing it that way.
so if a lambo makes you happy and your not hurting yourself with buying one ..... my only words would be, BE HAPPY, DRIVE SAFE and DON'T CRASH IT.
and if 1 like's too show of his achievement, the why NOT , like it or not LAMBO and BTC are related somehow
offcourse a regular model will lose value ,but can give pleasure too some people as well AND pleasure comes with costs most of the times.
or maybe its a second hand topdeal and can be sold for xxxxx $ more
"only @ 6,6k coins i would waited....."
October 10, 2018, 05:53:37 AM
On a related note, my gambling BCH short has grown in size and has been repositioned a bit higher. In the green now. I'm tempted to close it, but greed is a thing when I gamble.
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