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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21046. (Read 26709838 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
This proves that Gavin has vested interest in decreasing the value of bitcoin and he abused his position as a Core dev to promote XT altcoin!

No, what it proves is that if even core developers are doubtful about the future that we are at disillusionment and very near peak despair, the bottom of the cycle. 

Well done! Nice positive spin.

legendary
Activity: 1106
Merit: 1007
Hide your women
Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
This proves that Gavin has vested interest in decreasing the value of bitcoin and he abused his position as a Core dev to promote XT altcoin!

No, what it proves is that if even core developers are doubtful about the future that we are at disillusionment and very near peak despair, the bottom of the cycle. 
legendary
Activity: 2338
Merit: 1035
Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
This proves that Gavin has vested interest in decreasing the value of bitcoin and he abused his position as a Core dev to promote XT altcoin!

yep even cryptocoinnews is getting it: "the XT developers are not telling the whole truth and are knowingly putting Bitcoin's future on the line."

https://www.cryptocoinsnews.com/block-size-bitcoin-not-scale-effectively/

These are things I've questioned many times on different forums and I've been told that they are all solvable every time.

Feels like both sides, core and XT, are spewing out propaganda right now
legendary
Activity: 1260
Merit: 1002
so there is a really really thin bid book on stamp...


I've said something similar to this before and got no legitimate responses. I think Stamp's orderbook is the most predictive of all the exchanges by a long-shot even though it's not the biggest.

Finex can have huge bid support yet the price still drops, but it seems like when Stamp has huge bid support the price actually stays supported or rises. The Stamp bid support started to wane once we fell back below 300 and has not recovered. I am patiently waiting for bids to overcome asks on Stamp before I buy anymore. So far this morning the Stamp orderbook has begun looking more bullish. Still have a long way to go though.

yes, i use stamp. finex could be dumping thousands within a blink. way too much bots there.

PS: finex now down to 13k btc instead of 20k..
sr. member
Activity: 252
Merit: 250
so there is a really really thin bid book on stamp...


I've said something similar to this before and got no legitimate responses. I think Stamp's orderbook is the most predictive of all the exchanges by a long-shot even though it's not the biggest.

Finex can have huge bid support yet the price still drops, but it seems like when Stamp has huge bid support the price actually stays supported or rises. The Stamp bid support started to wane once we fell back below 300 and has not recovered. I am patiently waiting for bids to overcome asks on Stamp before I buy anymore. So far this morning the Stamp orderbook has begun looking more bullish. Still have a long way to go though.
hero member
Activity: 798
Merit: 1000
From the article --- “If bitcoin is wildly successful, I’m still holding on to a good chunk of bitcoin. It could be worth tens of millions of dollars, but it could be worth zero. It doesn’t make sense to hold more than that amount. I don’t have a desire to be a multi-billionaire. That’s not what motivates me, I have no desire to be filthy rich.”


Sounds to me like he is merely taking profits on a portion of his coins and diversifying into other things. Sounds prudent to me. I also hold stocks which I think all people should if they have the funds.

You make it sound more dire than it is.

Any of you out there that bought coins below 100 and never have sold any are crazy in my book. Taking profits on a portion of your gains is prudent...not reckless.

He's a scientist and engineer not a financial adviser.

When speaking to the media or other organizations (which he shouldn't be doing as he's terrible at it, lets not forget why Satoshi left) it is not good PR for your project to say 'this is a project to upstage the current financial system and I will be putting my life into making it succeed. But, oh, I'm also cashing out of what I perceive as a new financial system and investing in the old one'

Advising caution is fine, he shouldn't be saying anything about what he's doing with his coins though especially if it doesn't show much confidence in it.

As chief scientist he shouldn't be talking to the media about any of his speculative positions, it's a HUGE conflict of interest.
legendary
Activity: 1260
Merit: 1002
Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
This proves that Gavin has vested interest in decreasing the value of bitcoin and he abused his position as a Core dev to promote XT altcoin!

yep even cryptocoinnews is getting it: "the XT developers are not telling the whole truth and are knowingly putting Bitcoin's future on the line."

https://www.cryptocoinsnews.com/block-size-bitcoin-not-scale-effectively/
legendary
Activity: 3431
Merit: 1233
Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
This proves that Gavin has vested interest in decreasing the value of bitcoin and he abused his position as a Core dev to promote XT altcoin!
hero member
Activity: 569
Merit: 505
$250 on Bitfinex might be important Grin Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2338
Merit: 1035
The bitcoin shitstorm that is unfolding right now summed up in one picture Grin



If we go much lower, it will be a very nice buying opportunity.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.

It's his money and his life. I doubt he signed up for his every move to be vetted by an ideological committee.

And advising caution is a much more sensible move than running around with his hands waving shouting 'we're gonna be RICH.'
sr. member
Activity: 252
Merit: 250
Imo Gavin and Hearn are to blame for this.

Blame for what?



You do realise that Gavin has been cashing out his btc and buying stocks instead!



Show me proof

Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.

From the article --- “If bitcoin is wildly successful, I’m still holding on to a good chunk of bitcoin. It could be worth tens of millions of dollars, but it could be worth zero. It doesn’t make sense to hold more than that amount. I don’t have a desire to be a multi-billionaire. That’s not what motivates me, I have no desire to be filthy rich.”


Sounds to me like he is merely taking profits on a portion of his coins and diversifying into other things. Sounds prudent to me. I also hold stocks which I think all people should if they have the funds.

You make it sound more dire than it is.

Any of you out there that bought coins below 100 and never have sold any are crazy in my book. Taking profits on a portion of your gains is prudent...not reckless.
legendary
Activity: 1260
Merit: 1002
Imo Gavin and Hearn are to blame for this.

Blame for what?



You do realise that Gavin has been cashing out his btc and buying stocks instead!



Show me proof

Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.

bouya! go to hell gavin!
hero member
Activity: 798
Merit: 1000
Imo Gavin and Hearn are to blame for this.

Blame for what?



You do realise that Gavin has been cashing out his btc and buying stocks instead!



Show me proof

Sure, this article is from the financial times.

https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3

"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."

Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
hero member
Activity: 722
Merit: 500
Imo Gavin and Hearn are to blame for this.

Blame for what?



You do realise that Gavin has been cashing out his btc and buying stocks instead!



Show me proof

Show me a stock that's worth buying.
legendary
Activity: 2002
Merit: 1040
Imo Gavin and Hearn are to blame for this.

Blame for what?

For the PR desaster that is unfolding at the moment and that could cause harm to the adoption of BTC as much as Goxfart did.

there is wont be mass adoption of btc. this is pure fantasy. again. always. dammit.

You sound like you need a drink.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
is it the end ?

It's Bitcoin. We'll probably move up because of this.
legendary
Activity: 1526
Merit: 1012
sr. member
Activity: 252
Merit: 250
Imo Gavin and Hearn are to blame for this.

Blame for what?



You do realise that Gavin has been cashing out his btc and buying stocks instead!



Show me proof
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