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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26123. (Read 26710013 times)

legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.

he is the prophet of desperate people who cant decide for them selves, most of what he say doesn't make any sense to sane people, but desperate delusional people always tend to believe him and defend his nonsense.

YES.... Mmitech has been wanting the price to go down to the $300s  - at least that is what he has been asserting when he sold in the mid $600s and in the mid $500s.  So yes mmitech talk your book, and maybe you will get lucky (I have my doubts, but it is possible as a long shot that you will get lucky and then be able to double your stash of 50 BTC or whatever lifelong stash you happen to have left from all your LTC losses).

I am investing back only €10K, I see perma-bulls telling people how 1BTC will make them millionaires so I decided to stop being a greedy bastard and have few millions instead of fighting for all the bitcoins, we have to give the chance for others to have coins as well, right ?

I really wont invest more than €10K, my first investment was around € 3-4K and it played really good, so investing the triple of my first investment and cashing all the profits out makes more sense to me Wink

full member
Activity: 150
Merit: 100
OKCoin 15m H&S could get really interesting soon
legendary
Activity: 1232
Merit: 1011
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.

Maybe you did NOT inadequately summarize him on purpose, but you are putting a lot of new ideas into his communication that he did NOT assert.

In his statement, he is merely suggesting that all sellers have gotten out already a long time ago, and there are NO sellers left.  YES>>>> Maybe he is exaggerating a little bit, b/c there are going to be some exceptions to his assertion; however, what Rpietila is saying is largely true and accurate reflection of what is currently happening in the bitcoin space.  

no, it is not true.

big asic mining companies will dump their coins no matter what the price is.

You have any evidence of this?  or just a bare assertion that is NOT supported by anything beyond your mere thoughts?


you cant pay your electricity with bitcoins.

and I know that there are asic farms that are spending 1 mil of $ every month.
legendary
Activity: 876
Merit: 1000
You poor bastards..
After the MtGox fiasco, no one with a college degree will invest any serious sums before they can have proper legal guarantee from the exchanges and it will finally become clear what exactly happened to the missing MtGox coins. People are only guessing at the moment, that maybe someone stole those coins over time and sold them already. But this guesstimate is useless, and it's just as probable that the coins were stolen in one big heist and now someone has the power to crash the entire market to it's knees.
Bitcoin price is currently only experiencing these small pump'n'dump waves, while money is slowly moving out of the market. The market is currently only a playground for gamblers and fanatics.

FTFY

After the gox fiasco nobody with a kindergarden degree will store his coins on an exchange.

This and only this and nothing more.


It's not about storing your coins on the exhanges, but about people not trusting the exchanges enough to transfer any fiat to them in the first place.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.

Maybe you did NOT inadequately summarize him on purpose, but you are putting a lot of new ideas into his communication that he did NOT assert.

In his statement, he is merely suggesting that all sellers have gotten out already a long time ago, and there are NO sellers left.  YES>>>> Maybe he is exaggerating a little bit, b/c there are going to be some exceptions to his assertion; however, what Rpietila is saying is largely true and accurate reflection of what is currently happening in the bitcoin space.  

no, it is not true.

big asic mining companies will dump their coins no matter what the price is.

You have any evidence of this?  or just a bare assertion that is NOT supported by anything beyond your mere thoughts?
full member
Activity: 224
Merit: 100
Is it me or is this suspicious?

There is a wall at 507 on Stamp and a wall at 508 on Bitfinex with practically the same amount of bitcoins ~150. The only difference is the walls are $1 apart from each other.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
You poor bastards..
After the MtGox fiasco, no one with a college degree will invest any serious sums before they can have proper legal guarantee from the exchanges and it will finally become clear what exactly happened to the missing MtGox coins. People are only guessing at the moment, that maybe someone stole those coins over time and sold them already. But this guesstimate is useless, and it's just as probable that the coins were stolen in one big heist and now someone has the power to crash the entire market to it's knees.
Bitcoin price is currently only experiencing these small pump'n'dump waves, while money is slowly moving out of the market. The market is currently only a playground for gamblers and fanatics.

Pretty much Mt. Gox is a non-factor at the moment.. or a minor factor.. NOT as big as you are making it out to be.  Also, the stolen lost coins (probably 600k coins have already been sold or absorbed into the current price).   It is tough to shock with such exaggerations, no?    Roll Eyes   Tongue
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.

he is the prophet of desperate people who cant decide for them selves, most of what he say doesn't make any sense to sane people, but desperate delusional people always tend to believe him and defend his nonsense.

YES.... Mmitech has been wanting the price to go down to the $300s  - at least that is what he has been asserting when he sold in the mid $600s and in the mid $500s.  So yes mmitech talk your book, and maybe you will get lucky (I have my doubts, but it is possible as a long shot that you will get lucky and then be able to double your stash of 50 BTC or whatever lifelong stash you happen to have left from all your LTC losses).
hero member
Activity: 826
Merit: 501
in defi we trust
You poor bastards..
After the MtGox fiasco, no one with a college degree will invest any serious sums before they can have proper legal guarantee from the exchanges and it will finally become clear what exactly happened to the missing MtGox coins. People are only guessing at the moment, that maybe someone stole those coins over time and sold them already. But this guesstimate is useless, and it's just as probable that the coins were stolen in one big heist and now someone has the power to crash the entire market to it's knees.
Bitcoin price is currently only experiencing these small pump'n'dump waves, while money is slowly moving out of the market. The market is currently only a playground for gamblers and fanatics.

FTFY

After the gox fiasco nobody with a kindergarden degree will store his coins on an exchange.

This and only this and nothing more.
legendary
Activity: 1232
Merit: 1011
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.

Maybe you did NOT inadequately summarize him on purpose, but you are putting a lot of new ideas into his communication that he did NOT assert.

In his statement, he is merely suggesting that all sellers have gotten out already a long time ago, and there are NO sellers left.  YES>>>> Maybe he is exaggerating a little bit, b/c there are going to be some exceptions to his assertion; however, what Rpietila is saying is largely true and accurate reflection of what is currently happening in the bitcoin space.  

no, it is not true.

big asic mining companies will dump their coins no matter what the price is.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.

Maybe you did NOT inadequately summarize him on purpose, but you are putting a lot of new ideas into his communication that he did NOT assert.

In his statement, he is merely suggesting that all sellers have gotten out already a long time ago, and there are NO sellers left.  YES>>>> Maybe he is exaggerating a little bit, b/c there are going to be some exceptions to his assertion; however, what Rpietila is saying is largely true and accurate reflection of what is currently happening in the bitcoin space. 

The truth of the matter is that there has been a lot of time for sellers to get out at a lot of prices since $1163 in December 2013.  Currently, we ONLY have a large majority of hardcore bitcoiners who are left in the BTC scene (and there are fewer and fewer weak hands or fewer and fewer who are NOT in the business of HODLing and accumulating more coins), they are largely manipulating prices downward in order to attempt to accumulate more... and there are only rare exceptions to this general thing that is currently occurring in the BTC space. 

NOW if some new circumstances develop, then Rpietila's statement will NO longer be true; however, for the moment, he has accurately depicted a general statement and/or outline for what is going on in BTC space.
hero member
Activity: 854
Merit: 1000
You poor bastards..
After the MtGox fiasco, no one with a college degree will invest any serious sums before they can have proper legal guarantee from the exchanges and it will finally become clear what exactly happened to the missing MtGox coins. People are only guessing at the moment, that maybe someone stole those coins over time and sold them already. But this guesstimate is useless, and it's just as probable that the coins were stolen in one big heist and now someone has the power to crash the entire market to it's knees.
Bitcoin price is currently only experiencing these small pump'n'dump waves, while money is slowly moving out of the market. The market is currently only a playground for gamblers and fanatics.


Unfortunately .. This is why I've taken my profits and kept 1 BTC in a wallet for now

I don't think much can happen until mtgox is resolved to any degree.
member
Activity: 112
Merit: 10
You poor bastards..
After the MtGox fiasco, no one with a college degree will invest any serious sums before they can have proper legal guarantee from the exchanges and it will finally become clear what exactly happened to the missing MtGox coins. People are only guessing at the moment, that maybe someone stole those coins over time and sold them already. But this guesstimate is useless, and it's just as probable that the coins were stolen in one big heist and now someone has the power to crash the entire market to it's knees.
Bitcoin price is currently only experiencing these small pump'n'dump waves, while money is slowly moving out of the market. The market is currently only a playground for gamblers and fanatics.

correct, bitcoin is going to nowhere but down!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 876
Merit: 1000
You poor bastards..
After the MtGox fiasco, no one with a college degree will invest any serious sums before they can have proper legal guarantee from the exchanges and it will finally become clear what exactly happened to the missing MtGox coins. People are only guessing at the moment, that maybe someone stole those coins over time and sold them already. But this guesstimate is useless, and it's just as probable that the coins were stolen in one big heist and now someone has the power to crash the entire market to it's knees.
Bitcoin price is currently only experiencing these small pump'n'dump waves, while money is slowly moving out of the market. The market is currently only a playground for gamblers and fanatics.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.

he is the prophet of desperate people who cant decide for them selves, most of what he say doesn't make any sense to sane people, but desperate delusional people always tend to believe him and defend his nonsense.
member
Activity: 112
Merit: 10
full member
Activity: 239
Merit: 100
Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy
Inadequate? What other way is there to interpret him claiming that there are no sellers left and everyone right now are buying? I'm genuinely curious, and apologies to rpietila if I misunderstood what you said.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Whats the point of these fukkin walls? Like ok bitcoin you can't go over 515 it's forbidden or it's  just building pressure for the rocket?
I think the whale is trying to create some momentum, take the price down as people panic sell thinking we're resuming the bear trend, and then pump back up and get cheap coins.

If someone did not trust bitcoin, he would have sold loooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo-oooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo-oooooooooooooooooooooooooooooooooooooooong time ago at a higher price.

Be certain that everyone in the market now is in the business of buying, in a way or another.
Hmmh Huh
Are you implying that every single person in bitcoin right now is a diehard accumulate-only hodler? That people who sell in hopes of buying more bitcoin at a lower price do not "trust bitcoin" (whatever that's supposed to mean)? That none of those who sold at a higher price thought bottom was at 445 and bought back in, or that every market participant is 100% certain there is absolutely no chance the bear trend will continue? That traders don't exist whatsoever?

I'm sorry but that seems a very silly notion Cheesy


Yes, inadequately summarize what Rpietila said, and then assert that what he said is "silly."  That helps us to better understand the situation.    Cheesy Cheesy Cheesy









legendary
Activity: 1232
Merit: 1011
sub 500 soon.

sorry bulls.
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