Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16855.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: fluidjax on July 29, 2017, 06:59:10 AM

Posted March 13th

Scariest shit I read all day.... to think we just ended up here is naive.

https://twitter.com/bergealex4/status/841240903503114241

Yeah, right. Further down in the tweetthread, he admits he just pulled it outta his ass.

Think, people - like the vampire squid would really lay out their plan ending with the meme "9. profit". Jeebus, y'all be gullible.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: jojo69 on July 29, 2017, 11:38:21 AM

The risk in this strategy is that BCC crashes right away and never recovers and you lose that free money, but if that happens you’ll still probably benefit from a rising BTC price.

Why should I miss that free money? BTC price will rise either way!

I'm not in favor of crashing the fork right away. I'd like to see bigblockers protractedly defend that price and burn more of their bitcoins.

Punisher1314

member

Activity: 63

Merit: 10

Smaller fishes can be younger but also smart ;p

Quote from: Torque on July 29, 2017, 11:49:55 AM

Quote from: Punisher1314 on July 29, 2017, 11:48:11 AM

Well, I have a dilemma about what to do with the BCC that we will receive after the HF, and those are the options i can see:

a) Dump the shit for real BTC, ASAP!

b) Wait a little, until (...) happens, or markets stabilizes, and then dump the shit.

c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.

What would you guys choose?

c

Thanks Torque, because you think BCC will be the new BTC, or just because it is free and you want to hold and see what happens? Damn, i hate option C because i want more BTC lol

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: Punisher1314 on July 29, 2017, 11:48:11 AM

Well, I have a dilemma about what to do with the BCC that we will receive after the HF, and those are the options i can see:

a) Dump the shit for real BTC, ASAP!

b) Wait a little, until (...) happens, or markets stabilizes, and then dump the shit.

c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.

What would you guys choose?

c

Punisher1314

member

Activity: 63

Merit: 10

Smaller fishes can be younger but also smart ;p

Well, I have a dilemma about what to do with the BCC that we will receive after the HF, and those are the options i can see:

a) Dump the shit for real BTC, ASAP!

b) Wait a little, until (...) happens, or markets stabilizes, and then dump the shit.

c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.

What would you guys choose?

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: leowonderful on July 29, 2017, 11:25:58 AM

I wonder what the price of BCC + BTC combined will be when BCC comes out. Hopefully price on BTC doesn't crash too hard or goes down that much at all.

Either way is very profitable. If price of fork is higher than we expect we shall get more of Jihan's and Ver's money when we sell it. if price of bitcoin is lower than we expect we can buy more bitcoins.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: ivomm on July 29, 2017, 03:07:51 AM

Quote from: jbreher on July 28, 2017, 01:51:31 PM

Yes. In my math, $403 is exactly between 1% and 2% of $2759.

And you call that math?!?!? Jesus, I wonder how many 'traders' trade by such math

'zackly

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

http://www.zerohedge.com/news/2017-07-28/bitcoin-civil-war-over

Quote

the most logical way to defend against the threat from a market psychology perspective is to hold onto your BCC even if you think it’s garbage. You have to understand that if bad actors want to make Bitcoin look bad and their alt-coin look good, price will be a huge part of their strategy.

It might make sense to not dump your BCC right away, which could let bad actors control the entire float. If you do that, they can then dump their BTC on the market while controlling all the BCC and ensure it goes up while Bitcoin drops. I’m not saying this is my assumption, I’m saying its possible. As such, hold on to your BCC to prevent them from executing this strategy. Then if BTC does drop as BCC rises, you have dry powder to take the other side of the trade. The risk in this strategy is that BCC crashes right away and never recovers and you lose that free money, but if that happens you’ll still probably benefit from a rising BTC price.

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: bones261 on July 29, 2017, 11:13:47 AM

Wow, there are only 591 BTC available for lending on Polo, and the lowest lending offer is now 3.3666%. Too bad I moved my BTC that I was lending over a week ago, to safety, in private keys that I control. I guess better be safe than sorry.

Hence the ultra thin float right now. Price can move majorly in either direction with very little money, but if exchanges don't have enough bitcoin then shorting becomes difficult.

Which is why I don't trust markets that thin out like this. It doesn't represent true demand mechanics. In Nov 2013 at the height of the last rally, it was clear that the pumpers had sucked out all liquidity because the price was jumping up and down hundreds of dollars (20-30% moves) in a single day.

Caveat emptor.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

I wonder what the price of BCC + BTC combined will be when BCC comes out. Hopefully price on BTC doesn't crash too hard or goes down that much at all. It's pretty much more BTC for all, though, hopefully Jihan and Friends will keep price up long enough for us to get a decent price for it. I expect an ETC-like price situation.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: olseh on July 29, 2017, 09:14:08 AM

Quote from: machasm on July 29, 2017, 08:06:52 AM

Quote from: olseh on July 29, 2017, 07:57:26 AM

Quote from: Wexlike on July 29, 2017, 07:54:00 AM

ROFL!

1.7% daily interest for lending on Poloniex! xD

Yeah it's crazy is't it?!?! Only 1500 odd BTC on offer, lowest I've seen from memory

Maybe peeps are taking their coins off the exchange in advance for the aug 1 chain split and there isn't enough btc to lend?

Pretty much, plus I don't think Polo are crediting BCC to any BTC held after the split so that's forcing people to take coins off the exchange

Wow, there are only 591 BTC available for lending on Polo, and the lowest lending offer is now 3.3666%. Too bad I moved my BTC that I was lending over a week ago, to safety, in private keys that I control. I guess better be safe than sorry.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: infofront on July 29, 2017, 10:32:55 AM

And he and Jihan have a lot of money, of course.

Good.
By selling the fork we shall legally transform their money into more bitcoins on our wallets.

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

Unfortunately, Ver can use bitcoin.com to shill for BCC and make people think BCC=bitcoin. Also, many in the media still know him as Bitcoin Jesus and think he's something of an official spokesman for Bitcoin.

And he and Jihan have a lot of money, of course.

Theye could definitely fuck things up.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: williamuk on July 29, 2017, 07:08:14 AM

Quote from: fluidjax on July 29, 2017, 06:59:10 AM

Posted March 13th

Scariest shit I read all day.... to think we just ended up here is naive.

https://twitter.com/bergealex4/status/841240903503114241

Hahaha this is so bad Grin

I'm no fan of GS but they would never produce something that childish, this was written by a simpleton Grin

Entertaining pro Blockstream-Core propaganda. Now can I have my two seconds of life back please

Clearly you don't know the language used in the internal communication of multinational corporations, such as:

> Open door for external actors w/ no skin in game to disrupt incentives.

/s

olseh

jr. member

Activity: 128

Merit: 9

Quote from: machasm on July 29, 2017, 08:06:52 AM

Quote from: olseh on July 29, 2017, 07:57:26 AM

Quote from: Wexlike on July 29, 2017, 07:54:00 AM

ROFL!

1.7% daily interest for lending on Poloniex! xD

Yeah it's crazy is't it?!?! Only 1500 odd BTC on offer, lowest I've seen from memory

Maybe peeps are taking their coins off the exchange in advance for the aug 1 chain split and there isn't enough btc to lend?

Pretty much, plus I don't think Polo are crediting BCC to any BTC held after the split so that's forcing people to take coins off the exchange

Wexlike

legendary

Activity: 1474

Merit: 1087

You should also get BCC for every BTC that you are lending from someone, this is at least how Kraken is doing it. This explains the ~~high~~ insane interest rate.

machasm

hero member

Activity: 786

Merit: 857

Quote from: olseh on July 29, 2017, 07:57:26 AM

Quote from: Wexlike on July 29, 2017, 07:54:00 AM

ROFL!

1.7% daily interest for lending on Poloniex! xD

Yeah it's crazy is't it?!?! Only 1500 odd BTC on offer, lowest I've seen from memory

Maybe peeps are taking their coins off the exchange in advance for the aug 1 chain split and there isn't enough btc to lend?

Wexlike

legendary

Activity: 1474

Merit: 1087

Just put the lending duration for only 2 days and withdraw before the china fork. Easiest profit of all time.

olseh

jr. member

Activity: 128

Merit: 9

Quote from: Wexlike on July 29, 2017, 07:54:00 AM

ROFL!

1.7% daily interest for lending on Poloniex! xD

Yeah it's crazy is't it?!?! Only 1500 odd BTC on offer, lowest I've seen from memory

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: luckygenough56 on July 29, 2017, 06:40:58 AM

time to exit crypto for a while, i see sell off soon

Isn't that you always see? And most of the time you're wrong!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16855. (Read 26712846 times)