Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29254. (Read 26732564 times)

legendary
Activity: 1106
Merit: 1007
Hide your women
Go away with your emotional buy and hold propoganda. I've heard it a million times and I'm not interested in the buy and hold strategy. If all I ever did was buy and hold I'd have 2% of what I have now. I'd have NOTHING.

You've made 50X your original buy-in? So about the same as everyone who's been holding for a year, right? Is it worth all the stress to marginally outperform the market? I mean, you don't seem to be enjoying it, judging from your posts.
I'm not marginally outperforming the market. I'm outperforming it by 5,000%. You must have misinterpreted my post.

Let me get this straight. Bitcoin is up ~600% since you started trading, so you've made ~300X profit in fiat terms? Is that what you're claiming? That's difficult to believe considering some of the bad calls you've made.

legendary
Activity: 2604
Merit: 1748
Great summary of Japanese insolvency law and procedure here:

http://www.bingham.com/Publications/Files/2012/02/A-Practical-Guide-to-Japanese-Insolvency-Procedures

Note differences between civil rehabilitation and corporate reorganisation.

(in any case, it could take anywhere from a few months to years)
sr. member
Activity: 476
Merit: 250

Idk. Why are posts filled with hate, anger, racism, sexism, and stupidity even on this forum? I see them every once in a while and they baffle me. I thought bitcoiners were supposed to smart or evolved people.


Wherever you go, some people are just going to suck. Don't stress yourself out over it too much.
copper member
Activity: 2898
Merit: 1465
Clueless!
hero member
Activity: 728
Merit: 500
Go away with your emotional buy and hold propoganda. I've heard it a million times and I'm not interested in the buy and hold strategy. If all I ever did was buy and hold I'd have 2% of what I have now. I'd have NOTHING.

You've made 50X your original buy-in? So about the same as everyone who's been holding for a year, right? Is it worth all the stress to marginally outperform the market? I mean, you don't seem to be enjoying it, judging from your posts.
I'm not marginally outperforming the market. I'm outperforming it by 5,000%. You must have misinterpreted my post.
hero member
Activity: 812
Merit: 1000
legendary
Activity: 1106
Merit: 1007
Hide your women
Go away with your emotional buy and hold propoganda. I've heard it a million times and I'm not interested in the buy and hold strategy. If all I ever did was buy and hold I'd have 2% of what I have now. I'd have NOTHING.

You've made 50X your original buy-in? So about the same as everyone who's been holding for a year, right? Is it worth all the stress to marginally outperform the market? I mean, you don't seem to be enjoying it, judging from your posts.
member
Activity: 75
Merit: 10
I looked up what this meant posted on mtgox.com
Quote
ANNOUNCEMENT REGARDING AN APPLICATION FOR COMMENCEMENT OF A PROCEDURE OF CIVIL REHABILITATION

1 Answer
Quote
Japan’s Civil Rehabilitation Law was intended “to enable application for rehabilitation procedures and the commencement of such procedures prior to the occurrence of bankruptcy factors.” [1] Holding the creditor meeting is arbitrary [2] to enable a debtor to continue with the execution of its business and management/disposal of its assets, [3] and otherwise sustain operations, while committing to corporate rehabilitation.

Although the Corporate Reorganization Law applies only to joint-stock corporations (kabushiki kaisha, or KK, in Japanese), the Civil Rehabilitation Law covers all companies, including foreign-affiliated businesses. Although management can begin corporate rehabilitation on its own prior to the stage of collapse, the law was enacted as a “process to prevent business failure.”

Under Civil Rehabilitation Procedures, assets and liabilities are reassessed as if bankruptcy has occurred, [4] and expected bankruptcy dividend amounts are established. This assessment of assets is conducted, in principle, on the basis of selling price, [5] and a dividend based on the liquidation value is applied to the rehabilitation creditors (principle of liquidation value guarantee [6] ). However, civil rehabilitation companies continue their operations in principle and do not actually liquidate, so any earnings from their remaining assets can exceed reassessed liquidation value, creating a framework in which a business can be rehabilitated swiftly.

Corporate rehabilitation has been limited to a select number of companies in Japan. Among small and medium-sized enterprises (SMEs), many companies are unable to find financial support and are forced into bankruptcy (i.e., liquidation) without any prospect of reorganization. According to a survey by Teikoku Databank, only 2,841 of the companies that filed for protection from creditors under the Civil Rehabilitation Law obtained approval for their rehabilitation plans. That accounts for only 66.7 percent of all applicants. [7]
hero member
Activity: 728
Merit: 500
Go away with your emotional buy and hold propoganda. I've heard it a million times and I'm not interested in the buy and hold strategy. If all I ever did was buy and hold I'd have 2% of what I have now. I'd have NOTHING.
legendary
Activity: 2450
Merit: 2089
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 840
Merit: 1000
So what about this "big turn". Do YOU know how to tell when it's happening? What signs are there? Is it happening now?

billyjoeallen been calling the bottom all the way down. Don't waste your brain cells on billyjoeallen. Just yet another fkn clown who lucked out big style. He can afford to remain completely gormless regarding market machinations (and I imagine most other things in life), at least for the time being.

Mind you, I would love to hear his philanthropic talk of his 'love for the project' if Bitcoin nosed dived back into double figures....and stayed there.

I do not know whether the Chinese use robots or semi-automatic tools.  But I would not call them "high-fequency".  This term usually means a trading robot that does many transactions per second, to exploit very small margins.  All Huobi clients together do perhaps a few hundred transactions per minute, and many of these look rather human (with round numbers, for instance).


I do suspect that Huobi might be used as a means of manipulating USD exchange price but it has got to be said, Huobi has the most organic looking trades of all exchanges. I don't see any of the mechanical flat lining or bullshit price nudging that I do on the exchanges
hero member
Activity: 910
Merit: 1003
When I said "poker better odds" I was referring to the Chinese traders using high frequency trading bots on Huobi.

I do not know whether the Chinese use robots or semi-automatic tools.  But I would not call them "high-fequency".  This term usually means a trading robot that does many transactions per second, to exploit very small margins.  All Huobi clients together do perhaps a few hundred transactions per minute, and many of these look rather human (with round numbers, for instance).
N12
donator
Activity: 1610
Merit: 1010
Meanwhile, goxcoin rallies on builder. lol
It's a ghost market. Noone can sell his goxBTC except for those who withdrew before the site went down. In addition, builder takes 4% off each trade. Naturally the volume dwindles into nothingness.
legendary
Activity: 1106
Merit: 1007
Hide your women
9376 volume on stamp ??

This is starting to remind of the 5 other times i thought the trend was breaking and I had to buy. The only difference is MACD is up now (slightly).

If you've only been trading Bitcoin since last June, then you've never been through a correction yet. I think you're a woman. You write like a woman, you trade like a woman. You're very smart and I respect your analysis, but it's almost certain you're going to miss the big turn because you are too risk averse. Yer gonna hate me for saying so, but there's a reason we call cowards pussies.
Multiple incorrect things in here. I'll admit my minds is a little weak right now due to exhaustion, terrible sleeping patters, and other bad habits. This may account for some missed trades and emotionally charged posts that I would not have made otherwise.

So what about this "big turn". Do YOU know how to tell when it's happening? What signs are there? Is it happening now?

Don't apologize for your posts. I appreciate your candor and I enjoy them more than most. Unfortunately I can't tell you what the market will do. I have a the luxury of being in this game for more than ROI, so I don't have to worry about making mistakes as much. I also don't have to worry about missing the turn because I'm already in from way back. I buy when price falls and I sell when it rises. I take profits in fiat if I have bills to pay and in BTC the rest of the time.

I don't think you're going to really understand this market if you think of it as poker just with better odds. Bitcoins aren't poker chips. If you don't believe in what you're doing, you won't have fun and if you're not having fun then you won't do very well.
When I said "poker better odds" I was referring to the Chinese traders using high frequency trading bots on Huobi.

Why quibble? You don't get it. You don't understand why us "nutters" love this project. For you, it's an opportunity, but not a labor of love. You're looking for an edge. That's my edge. It's worked pretty well for me so far.
sr. member
Activity: 448
Merit: 250
9376 volume on stamp ??

This is starting to remind of the 5 other times i thought the trend was breaking and I had to buy. The only difference is MACD is up now (slightly).

If you've only been trading Bitcoin since last June, then you've never been through a correction yet. I think you're a woman. You write like a woman, you trade like a woman. You're very smart and I respect your analysis, but it's almost certain you're going to miss the big turn because you are too risk averse. Yer gonna hate me for saying so, but there's a reason we call cowards pussies.
Multiple incorrect things in here. I'll admit my minds is a little weak right now due to exhaustion, terrible sleeping patters, and other bad habits. This may account for some missed trades and emotionally charged posts that I would not have made otherwise.

So what about this "big turn". Do YOU know how to tell when it's happening? What signs are there? Is it happening now?

Don't apologize for your posts. I appreciate your candor and I enjoy them more than most. Unfortunately I can't tell you what the market will do. I have a the luxury of being in this game for more than ROI, so I don't have to worry about making mistakes as much. I also don't have to worry about missing the turn because I'm already in from way back. I buy when price falls and I sell when it rises. I take profits in fiat if I have bills to pay and in BTC the rest of the time.

I don't think you're going to really understand this market if you think of it as poker just with better odds. Bitcoins aren't poker chips. If you don't believe in what you're doing, you won't have fun and if you're not having fun then you won't do very well.
I got to say, despite how obnoxious this guy is capable of being, this post is spot on. Take everything, including the Bitcoin price, with a grain of salt, and suddenly things feel a lot better. As long as YOU now what YOU should be doing in the long run, don't second guess yourself, and rather than stressing out you'll find yourself laughing at the bears on the way up, and laughing at Gox on the way down.
hero member
Activity: 728
Merit: 500
9376 volume on stamp ??

This is starting to remind of the 5 other times i thought the trend was breaking and I had to buy. The only difference is MACD is up now (slightly).

If you've only been trading Bitcoin since last June, then you've never been through a correction yet. I think you're a woman. You write like a woman, you trade like a woman. You're very smart and I respect your analysis, but it's almost certain you're going to miss the big turn because you are too risk averse. Yer gonna hate me for saying so, but there's a reason we call cowards pussies.
Multiple incorrect things in here. I'll admit my minds is a little weak right now due to exhaustion, terrible sleeping patters, and other bad habits. This may account for some missed trades and emotionally charged posts that I would not have made otherwise.

So what about this "big turn". Do YOU know how to tell when it's happening? What signs are there? Is it happening now?

Don't apologize for your posts. I appreciate your candor and I enjoy them more than most. Unfortunately I can't tell you what the market will do. I have a the luxury of being in this game for more than ROI, so I don't have to worry about making mistakes as much. I also don't have to worry about missing the turn because I'm already in from way back. I buy when price falls and I sell when it rises. I take profits in fiat if I have bills to pay and in BTC the rest of the time.

I don't think you're going to really understand this market if you think of it as poker just with better odds. Bitcoins aren't poker chips. If you don't believe in what you're doing, you won't have fun and if you're not having fun then you won't do very well.


When I said "poker better odds" I was referring to the Chinese traders using high frequency trading bots on Huobi.
legendary
Activity: 1106
Merit: 1007
Hide your women
9376 volume on stamp ??

This is starting to remind of the 5 other times i thought the trend was breaking and I had to buy. The only difference is MACD is up now (slightly).

If you've only been trading Bitcoin since last June, then you've never been through a correction yet. I think you're a woman. You write like a woman, you trade like a woman. You're very smart and I respect your analysis, but it's almost certain you're going to miss the big turn because you are too risk averse. Yer gonna hate me for saying so, but there's a reason we call cowards pussies.
Multiple incorrect things in here. I'll admit my minds is a little weak right now due to exhaustion, terrible sleeping patters, and other bad habits. This may account for some missed trades and emotionally charged posts that I would not have made otherwise.

So what about this "big turn". Do YOU know how to tell when it's happening? What signs are there? Is it happening now?

Don't apologize for your posts. I appreciate your candor and I enjoy them more than most. Unfortunately I can't tell you what the market will do. I have a the luxury of being in this game for more than ROI, so I don't have to worry about making mistakes as much. I also don't have to worry about missing the turn because I'm already in from way back. I buy when price falls and I sell when it rises. I take profits in fiat if I have bills to pay and in BTC the rest of the time.

I don't think you're going to really understand this market if you think of it as poker just with better odds. Bitcoins aren't poker chips. If you don't believe in what you're doing, you won't have fun and if you're not having fun then you won't do very well.

hero member
Activity: 728
Merit: 500
Meanwhile, goxcoin rallies on builder. lol
full member
Activity: 147
Merit: 100
Realbitcoin.info
People are idiots. I think i mentioned that before.

That would make a good signature.
sr. member
Activity: 308
Merit: 250
ARGH fucking Gox.

Can we just move on. $3200 per BTC. K thanks, GOODBYE.

ffs.

This, I'm seriously pissed off with all the fractional reserve banking.

There is a limit of 21m BTC, but by that time i'm sure we have at least 42 million BTC trough fractional reserve banking.

Same shit with gold. But with BTC people can take delivery of their BTC pretty easy, DO IT!!! and bankrupt those motherfuckers!
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