Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16149. (Read 26708204 times)

legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Sorry I'm not up to date here. What's the story with Risto? What's happened?

Looks like he defaulted with his game:


Ok, so that's rather depressing Undecided Knew the guy had mental health issues, but always took him as benign.

But to return IT this S2X fork with no replay protection and its possible effects on SPV wallets (the large majority) seems to have potential for a spectacular sh*tshow. That would mean very cheap coins again, if not a nuclear winter. Selling some at this level to have a stash of cash may be a good idea.

https://www.coindesk.com/money-risk-mobile-wallets-become-new-battleground-bitcoin-fork-debate/

[edit] not to mention that we're hitting a ceiling:


https://www.tradingview.com/chart/BTCUSDT/vH8p4FLI-Bitcoin-Market-Overview/
legendary
Activity: 1358
Merit: 1016
Well, he was a racist fascist with an emphasis on antisemitism before he ran off with the xmr. But I guess that counts for benign in Cryptoland.

Cryptoland is not a safe space for SJW. And your nonsensical labels have no value.

about reptilia I'm sorry for him and whoever got burned by him. Next time maybe don't invest in a game. I used to like some of his posts though.


Sorry I'm not up to date here. What's the story with Risto? What's happened?
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Well, he was a racist fascist with an emphasis on antisemitism before he ran off with the xmr. But I guess that counts for benign in Cryptoland.

Cryptoland is not a safe space for SJW. And your nonsensical labels have no value.

about reptilia I'm sorry for him and whoever got burned by him. Next time maybe don't invest in a game. I used to like some of his posts though.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

Ok, so that's rather depressing Undecided Knew the guy had mental health issues, but always took him as benign.

Well, he was a racist fascist with an emphasis on antisemitism before he ran off with the xmr. But I guess that counts for benign in Cryptoland.
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
im not seeing many people calling top on this yet, so i think I will:  $6225

I think weve gotr one more push of ~$100 to hit a new ATH, then we see some corrective action down <$5700 and consolidation in the $5800-6000 range while waiting for either a reason to rally (good news/continued buying) or crash (FUD. china banned us again?)

Good call.

i think itll dip further. this is getting topheavy and im sure a growing group of pre-2017 buyers start needing to seize their gains and diversify at least a portion of the holdings. (ie: the "im a millionaire now" bitcoin owners who only have $50,000 worth of other investment types)
legendary
Activity: 1260
Merit: 1116
im not seeing many people calling top on this yet, so i think I will:  $6225

I think weve gotr one more push of ~$100 to hit a new ATH, then we see some corrective action down <$5700 and consolidation in the $5800-6000 range while waiting for either a reason to rally (good news/continued buying) or crash (FUD. china banned us again?)

Good call.
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
Speaking of, looks like the shitcoin shuffle is back in swing. I really wish I could time these things.

$6150 was a great top to hit, so im pretty sure this will be a 24hr correction to $5500$5650ish

Just in case i set a slew of buy orders going as deep at $5100 in case the market decides it wants to play rough
legendary
Activity: 1260
Merit: 1116

Ok, so that's rather depressing Undecided Knew the guy had mental health issues, but always took him as benign.

Meh, I always found him shady. I was here the day he strolled in to announce he and his whale friends had decided XMR was the best thing since sliced bread. I could have pissed on his shoes. That stupid game just clinched it for me.
legendary
Activity: 2842
Merit: 1511

Ok, so that's rather depressing Undecided Knew the guy had mental health issues, but always took him as benign.
legendary
Activity: 1260
Merit: 1116
Speaking of, looks like the shitcoin shuffle is back in swing. I really wish I could time these things.
legendary
Activity: 3794
Merit: 5474
I don't buy his shock, tbh. I imagine he saw a clever way of locking up a bunch of XMR's and went along. It was a time bomb and he had to know it.

Classic Ponzi behavior when the gig is up:

"Since the scheme requires a continual stream of investments to fund higher returns, once investment slows down, the scheme collapses as the promoter starts having problems paying the promised returns (the higher the returns, the greater the risk of the Ponzi scheme collapsing). Such liquidity crises often trigger panics, as more people start asking for their money, similar to a bank run."

I guess no one reads or researches anymore.  Undecided

You´re so far off, i can´t even begin to describe !


Please, sit down, and think about it, one more time . . .

Ok, so I took you briefly off /ignore.

Are you really talking to me? Because I could really give a shit who fell for this scam since I wasn't involved, nor dumb enough to play silly virtual games where you give the creator real money and in exchange he gives you back fake in-game IOUs. And then they wanna cry about losing their real money later.  Roll Eyes
sr. member
Activity: 420
Merit: 257
I don't buy his shock, tbh. I imagine he saw a clever way of locking up a bunch of XMR's and went along. It was a time bomb and he had to know it.

Classic Ponzi behavior when the gig is up:

"Since the scheme requires a continual stream of investments to fund higher returns, once investment slows down, the scheme collapses as the promoter starts having problems paying the promised returns (the higher the returns, the greater the risk of the Ponzi scheme collapsing). Such liquidity crises often trigger panics, as more people start asking for their money, similar to a bank run."

I guess no one reads or researches anymore.  Undecided

You´re so far off, i can´t even begin to describe !


Please, sit down, and think about it, one more time . . .




legendary
Activity: 3794
Merit: 5474
I don't buy his shock, tbh. I imagine he saw a clever way of locking up a bunch of XMR's and went along. It was a time bomb and he had to know it.

Classic Ponzi behavior when the gig is up:

"Since the scheme requires a continual stream of investments to fund higher returns, once investment slows down, the scheme collapses as the promoter starts having problems paying the promised returns (the higher the returns, the greater the risk of the Ponzi scheme collapsing). Such liquidity crises often trigger panics, as more people start asking for their money, similar to a bank run."

I guess no one reads or researches anymore.  Undecided
legendary
Activity: 1260
Merit: 1116
I'm just so glad pirateat40 turned me down

That's a story I'd like to hear! Cheesy
legendary
Activity: 1260
Merit: 1116

I mean, I'm grasping at straws here... but from the looks of it he created what appears to be a classic Ponzi/pyramid scheme in the form of a virtual game? If so, who involved didn't see that collapsing one day?

I remember when he started it. I trolled and I trolled. And no one listened. I think they saw it as a way of bootstrapping an economy. But right, a blind man could have seen it coming. Roll Eyes

I like how smooth starts off that thread by casually stating that rpietila owes >500 BTC in unpaid debts.  Shocked

Really guys? Ya'll gave him >$3M worth of BTC and he gave you back nothing? And no one ever considered this guy could have been a con artist from day 1 on this very forum?

I don't buy his shock, tbh. I imagine he saw a clever way of locking up a bunch of XMR's and went along. It was a time bomb and he had to know it.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
I'm just so glad pirateat40 turned me down
legendary
Activity: 3794
Merit: 5474

I mean, I'm grasping at straws here... but from the looks of it he created what appears to be a classic Ponzi/pyramid scheme in the form of a virtual game? If so, who involved didn't see that collapsing one day?

I remember when he started it. I trolled and I trolled. And no one listened. I think they saw it as a way of bootstrapping an economy. But right, a blind man could have seen it coming. Roll Eyes

I like how smooth starts off that thread by casually stating that rpietila owes them all >500 BTC in unpaid debts.  Shocked

Really guys? Ya'll gave him >$3M worth of BTC and he gave you back nothing but a virtual IOU? And no one ever considered this guy could have been a con artist from day 1 on this very forum?
legendary
Activity: 1260
Merit: 1116
And somebody is dumping. Man, my new digs! Angry
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!

I mean, I'm grasping at straws here... but from the looks of it he created what appears to be a classic Ponzi/pyramid scheme in the form of a virtual game? If so, who involved didn't see that collapsing one day?

I remember when he started it. I trolled and I trolled. And no one listened. I think they saw it as a way of bootstrapping an economy. But right, a blind man could have seen it coming. Roll Eyes


Don't worry! Someone with more experience in the ways of 'investments' has that money now!  Grin  Roll Eyes
legendary
Activity: 1260
Merit: 1116

I mean, I'm grasping at straws here... but from the looks of it he created what appears to be a classic Ponzi/pyramid scheme in the form of a virtual game? If so, who involved didn't see that collapsing one day?

I remember when he started it. I trolled and I trolled. And no one listened. I think they saw it as a way of bootstrapping an economy. But right, a blind man could have seen it coming. Roll Eyes
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