Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18235. (Read 26610130 times)

Larger block size means lower security and therefore lower price. So no, if you want the price to go down you should increase block size.

Most the guys I traded with were the typical middle aged german males.

Fortunately Germany treats bitcoin as "private money" so it's legal for private individual to individual sales. But since it's a currency you can't set up an exchange without going through the legal requirements of a currency exchange. That's why localbitcoins is not able to run in Germany (unless they want to go through all of the legal red tape).

I stopped when I started getting Eastern European customers that were shady. Like I said, I wasted my time and gas with a lot of transactions.

Played German money transmitter a few times... the clientele was rather lacking in hygiene standards and punctuality, sometimes... both.  

But every good trade builds your case file reputation, so it's good in the long term. Just ask BurtW.    

Had stuff happen to me a few times. Sometimes I would break even and wonder if it was worth the time and gas.

But every good trade builds your reputation so it's good in the long term.

I'm buying here.

Could be but not quite guaranteed however there seems no any strong reason behind this dump today so may be whales are just trying to grab few at cheaper price.

so crossing under 600 / could this next fall trigger the next rise,. ? / the pump must come,.

Look who the cat (mattthecat?) dragged in, hard to tell who the real kwukduk is these days. Tarmi, is that you?

Crypto can be trusted - please elaborate on this mythical concept...
The dregs of society own this shit. The mainstream views it as a joke.

I will concede that I do not know any perfect traders, but I know that some systems of trading are better suited to accomplish objectives than others - even though they may not be perfect.


Yeah, you are always profitable.. and bragging.


There is a difference.   I am not coming out bragging and making bold predictions and attempting to spread FUD.

Sure, I make predictions, such as "seems more likely that it is going to be going up rather than down.. blah blah blah" but I am not attempting to persuade anyone to either panic buy or panic sell.

I tend to suggest that people go in moderation, even though I know moderation may not be suitable for all people, so surely people need to find systems that ultimately work for them and their finances, their risk profile and timeline.

Regarding buying at the top, you are full of it.. I have explained this situation a zillion times, and it is ultimately irrelevant.  Yes, I bought my first 1.24 bitcoins at $1,200, and I continued to buy bitcoins from then and until this day.  Currently, my average price per BTC is around $437, including some losses on paper that I had from bitfinex that still could potentially recover more... .and even losses from trades that involved non-payment and even some mistaken trade situations that happen from time to time. 

In the end there is a lot that goes into establishing a person's position that s/he may take in respect to bitcoin and in light of other financial circumstances, and I, personally, am not here to compete with anyone or to attempt to have a lower average price than others or anything like that, even though my method does seem to continue in the lowering of my cost per BTC and my accumulation of BTC with the same amount invested. 

You know any perfect traders? Yeah, my shorts got rekt, but since I started buying at $6 and have already broke even, everything I do from here on out is pure profit. The only question is how much, so if I was a boob who bought near the ATH, I wouldn't be throwing stones.

Yes, in other words the trolls are out, and you, BJA, are continuing to assert that you are in a good position no matter which way BTC prices go.. without really acknowledging that you engaged in substantially large shorts  in the upper $200s in late 2015 and in the upper $300s in May 2016...    Your batting average is not too good, and maybe the fact that you are here, asserting that the sky is falling could be a sign that peeps need to go "all in."   hahahahaha
   

As you likely realize - a meaningless talking point to suggest that there was some kind of guaranteed solution.. ridiculous.

There is no urgency, so there is no need to suggest that April was some kind of necessary.  There are a lot of ongoing developments with seg wit and related, and you are missing these matters when you continue to suggest that there is some kind of defect or suggesting that bitcoin is "behind schedule" in some kind of way.

No SegWit yet, right?  No on-chain scaling in the works at all.
Mining still centralized in China with no plans at all to address the problem, right?

Bitcoin either completely useless or becoming so for payment processing? check.

Doesn't seem to be a good store of value.
Doesn't seem to be a good medium of exchange. 10 minutes for a confirmation?
Doesn't seem to be a useful unit of account.

Whatever. Keep buying or holding. I haven't quite paid off my house yet.

I hate to find myself in similarity with a quasi-bear troll corporate shill, but yeah, I was caught off guard by this too. 

I did a Localbitcoin's buy of nearly 5 bitcoins, and then I was going to sell back right away with nearly a $30 spread - however, I had another urgent matter in the real world that I needed to deal with, so I thought that I should take care of the real world matter first, and prices have been pretty stable for a couple of weeks.. so no big deal, and then I would sell the coins that I had bought after I finished up the real world matter.  Next thing you know, I turn my head, and my $30 spread turned into a $15 spread... and therefore, I just locked in the $15 spread.. and a bit irritated by my having had diddle daddled around in my distraction. 

I hate selling like that when the price is going down in a sudden manner, especially when I should have just locked in the deal.

Is it April yet?

Are you fucking crazy?  You already know that there are pending developments that are addressing blocksize limit matters and the amount of transactions that can be done through bitcoin, whether those are done on the actual blockchain or they are done through lightning network or through some other variation of off blockchain transactions. 

It would be a considerable stretch to suggest that those developments could take years when they are likely to come out in the coming months, and you are suggesting that those kinds of developments could take decades?  Are you for real?

You have been on this blocksize limit kick for quite a while, and seeming to continue to ignore actual facts regarding ongoing and continuing developments, including the pending implementation of seg wit (including the timeline involved for its vetting and testing prior to implementation).

I have a different view...crypto can be trusted IMO ! Math does not lie only propaganda does...market cap is way high on on Bitcoin IMO

Disclaimer:depends on hyperinflation

What did I miss?  I wasn't done dumping yet.