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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30826. (Read 26713152 times)

member
Activity: 88
Merit: 10
http://www.reddit.com/r/Bitcoin/comments/1tbjf3/btc_china_here_to_stay_bobby_lee_open_letter/

"Just posted on BTC China website when you log in. Here is the Google translate, not an amazing translation but you can pretty much understand. Recharge = funding. Looks like BTC China is not going down just yet and there is still hope.
Dear Bitcoin China (BTC China) Users:
Recently, due to third-party payment companies in China disrupted and Bitcoin (BTC China) recharge channels, resulting in China Bitcoin (BTC China) is temporarily unable to provide RMB prepaid services. In this regard, on behalf of China Bitcoin (BTC China) expressed deep regret for the inconvenience, please understand. We are actively seeking other recharge methods. Currently, in addition to recharge RMB, the yuan withdrawals, recharge and withdrawals Bitcoin service as usual, may be slightly delayed during peak hours. We have enough for the user bits and the RMB currency withdrawals.
Today Bitcoin China (BTC China) formally launched a new product, "currency lock" - the most secure online bitcoin wallet. "Currency lock" the safest way to store the user's offline Bitcoin, a process known as cold storage, it can ensure that your wallet will not be stolen by hackers online. Your "money locked" account we have bank-level security protection. In the future, China Bitcoin (BTC China) users can send your bitcoins safely stored in bitcoins China (BTC China) of "currency locked" inside.
As China's first Bitcoin and Bitcoin trading platform company, we have more than two and half years of operating experience and a good reputation. November 18 this year, China Bitcoin (BTC China) successfully obtained $ 5 million in financing, China Bitcoin (BTC China) would have been afloat, please rest assured users. Five ministries notify People's Bank of China also made it clear: "Bitcoin transaction as a commodity trading behavior on the Internet, ordinary people have the freedom to participate in the premise own risk."
September 24 this year, we announced a temporary exemption transaction fee, which increases the degree of mobility and frequent Bitcoin transaction, resulting in China's Bitcoin prices to some extent, causing a large number of reports of widespread concern in the community and the media. Therefore, in order to prevent speculation and cause Bitcoin Bitcoin prices spike, we choose to restore a 0.3% transaction fee, please customers understanding. Only maintain price stability bitcoin, bitcoins to get healthy development.
I believe you love Bitcoin will fully understand our decision.
Nicholls yuan (Bobby Lee) China Bitcoin (BTC China) CEO, co-founder of December 20, 2013"

Apologies if this has already been posted.

I'm not sure if I'm misreading it, but it doesn't really say anything new. They are still working on a way of getting money in, but no progress yet. Then they try and change the subject to talk about a new wallet that noone has asked for. If I were them I would be spending my time sorting out the deposit issues, not coding wallets
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
what is wrong with the world ?' Dogecoin Huh? seriously ?  I found this article on International Business Times UK website

http://www.ibtimes.co.uk/what-dogecoin-meme-that-became-hot-new-virtual-currency-1429847



Quote
As the year of bitcoin comes to an end, David Gilbert investigates the next big crypto-currency - Dogecoin.

Even seemingly intelligent people outside of the Bitoin forums seem to believe Dogecoin "has made it". People continue to disappoint me with their retardedness Sad

Let's wait until they find out about JunkCoin. Do any of you think people will fall for it I launch a "PremineAndPumpAndDumpCoin" (P&P&DC)? I'll be rich!

well Keiser!!  what a retard, I used to watch his shows I always had fun but now !!! just 2 min ago he twitted  and I replied https://twitter.com/mmitech/status/414023365133746177
sr. member
Activity: 365
Merit: 250
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...
legendary
Activity: 2324
Merit: 1125
what is wrong with the world ?' Dogecoin Huh? seriously ?  I found this article on International Business Times UK website

http://www.ibtimes.co.uk/what-dogecoin-meme-that-became-hot-new-virtual-currency-1429847



Quote
As the year of bitcoin comes to an end, David Gilbert investigates the next big crypto-currency - Dogecoin.

Even seemingly intelligent people outside of the Bitoin forums seem to believe Dogecoin "has made it". People continue to disappoint me with their retardedness Sad

Let's wait until they find out about JunkCoin. Do any of you think people will fall for it I launch a "PremineAndPumpAndDumpCoin" (P&P&DC)? I'll be rich!
hero member
Activity: 624
Merit: 502
http://www.reddit.com/r/Bitcoin/comments/1tbjf3/btc_china_here_to_stay_bobby_lee_open_letter/

"Just posted on BTC China website when you log in. Here is the Google translate, not an amazing translation but you can pretty much understand. Recharge = funding. Looks like BTC China is not going down just yet and there is still hope.
Dear Bitcoin China (BTC China) Users:
Recently, due to third-party payment companies in China disrupted and Bitcoin (BTC China) recharge channels, resulting in China Bitcoin (BTC China) is temporarily unable to provide RMB prepaid services. In this regard, on behalf of China Bitcoin (BTC China) expressed deep regret for the inconvenience, please understand. We are actively seeking other recharge methods. Currently, in addition to recharge RMB, the yuan withdrawals, recharge and withdrawals Bitcoin service as usual, may be slightly delayed during peak hours. We have enough for the user bits and the RMB currency withdrawals.
Today Bitcoin China (BTC China) formally launched a new product, "currency lock" - the most secure online bitcoin wallet. "Currency lock" the safest way to store the user's offline Bitcoin, a process known as cold storage, it can ensure that your wallet will not be stolen by hackers online. Your "money locked" account we have bank-level security protection. In the future, China Bitcoin (BTC China) users can send your bitcoins safely stored in bitcoins China (BTC China) of "currency locked" inside.
As China's first Bitcoin and Bitcoin trading platform company, we have more than two and half years of operating experience and a good reputation. November 18 this year, China Bitcoin (BTC China) successfully obtained $ 5 million in financing, China Bitcoin (BTC China) would have been afloat, please rest assured users. Five ministries notify People's Bank of China also made it clear: "Bitcoin transaction as a commodity trading behavior on the Internet, ordinary people have the freedom to participate in the premise own risk."
September 24 this year, we announced a temporary exemption transaction fee, which increases the degree of mobility and frequent Bitcoin transaction, resulting in China's Bitcoin prices to some extent, causing a large number of reports of widespread concern in the community and the media. Therefore, in order to prevent speculation and cause Bitcoin Bitcoin prices spike, we choose to restore a 0.3% transaction fee, please customers understanding. Only maintain price stability bitcoin, bitcoins to get healthy development.
I believe you love Bitcoin will fully understand our decision.
Nicholls yuan (Bobby Lee) China Bitcoin (BTC China) CEO, co-founder of December 20, 2013"

Apologies if this has already been posted.
legendary
Activity: 854
Merit: 1000
what is wrong with the world ?' Dogecoin Huh? seriously ?  I found this article on International Business Times UK website

http://www.ibtimes.co.uk/what-dogecoin-meme-that-became-hot-new-virtual-currency-1429847



Quote
As the year of bitcoin comes to an end, David Gilbert investigates the next big crypto-currency - Dogecoin.

The world is fine! Reporters are NOT!
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
what is wrong with the world ?' Dogecoin Huh? seriously ?  I found this article on International Business Times UK website

http://www.ibtimes.co.uk/what-dogecoin-meme-that-became-hot-new-virtual-currency-1429847



Quote
As the year of bitcoin comes to an end, David Gilbert investigates the next big crypto-currency - Dogecoin.

Time to dump bitcoins for Dogecoins!
I'm sorry if you don't hold a few millions dogecoins. Return is great. Mining was so easy (even a little 2MH/s Rig got you a few millions).
It will be huge! Don't miss the train to the MOOOOON: CHOOOOCHOOOCHOOO MOTHOORFOOOCKERZ!
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
what is wrong with the world ?' Dogecoin Huh? seriously ?  I found this article on International Business Times UK website

http://www.ibtimes.co.uk/what-dogecoin-meme-that-became-hot-new-virtual-currency-1429847



Quote
As the year of bitcoin comes to an end, David Gilbert investigates the next big crypto-currency - Dogecoin.
sr. member
Activity: 266
Merit: 250
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.
legendary
Activity: 854
Merit: 1000
Reptilia said to hodl

no, wait, ...

Hodl, sodl, hodl, sodl until you are borke!
hero member
Activity: 728
Merit: 540
Reptilia said to hodl

no, wait, ...
full member
Activity: 140
Merit: 100
I get my trading advice from Walsoraj.

Lol, yeah, and for a second opinion please refer to fontas.

If still in doubt, Keiser sure has some other (coin) options.

:-)
legendary
Activity: 1512
Merit: 1005
So much butthurt people and hate for Rpietila.... I guess many are regretting not having listened his latest call.

Yes, he is arrogant but guess what?

When someone's arrogant, it's not nice and we just ignore him.

But when someone's arrogant AND right, oh man... that sure brings out the worst in some around here.... too much jealousy...

So, you KNOW that he is rich! You ABSOLUTELY SURE about it!
You are also sure that he made his money trading!

Too many assumptions, don't you think?

No, he has a silver saucer on his head, didn't you notice?
legendary
Activity: 1680
Merit: 1045
I get my trading advice from Walsoraj.
sr. member
Activity: 266
Merit: 250
Was shipping was paid with bitcoin?



Cheesy

By the looks of it, they paid the shipping with doge coins.
legendary
Activity: 854
Merit: 1000
So much butthurt people and hate for Rpietila.... I guess many are regretting not having listened his latest call.

Yes, he is arrogant but guess what?

When someone's arrogant, it's not nice and we just ignore him.

But when someone's arrogant AND right, oh man... that sure brings out the worst in some around here.... too much jealousy...

Don't know if there are many butthurt people (I'm not one of them). I'm happy for him and if I were in his place, I'd probably have a lot of fun playing with the minds of everyone here as well.

That's called trolling! There a lot better things to do! It's only bad taste IF things are like that!

Welcome to the internet my friend. You will have to search far and wide for friendly, sane people.

I have some and yes, they are from far away and widely apart! Smiley

BTW, I don't expect to find logic in a feeding frenzy! Just observing and stating my bs!
legendary
Activity: 1792
Merit: 1047
Was shipping was paid with bitcoin?



Cheesy
member
Activity: 88
Merit: 10
He did a good call on this one. Is it so hard to admit?

Totally right, it was a good call. I think people would be less hostile though if he also admitted when he is wrong, rather than just crowing about the occasions when he is right
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
But he does tend to get it right.

Wrong. You are very new here, but he tends to get it wrong most of the times, I'd say as much as 90% of the times.

Don't have the time to dig all the old posts (plus he tends to delete them when he gets it wrong), but I will make you a very short summary of some of Risto Pietila's calls:

Quote
"anyone who does not believe that we will hit $300k per BTC by this year is in denial of the facts"
- spring 2013 (this was not trolling, this was a very real and serious prediction he made earlier this year)

Quote
"we will never see $100 again"
- summer 2013 - we went below $100 (till $67) a few days after

Quote
"i turned bear, I'm selling and buying back cheaper in a few days"
- November 2013 - he sold at $700 hoping to buy back cheaper and had to buy back at a loss shortly after

Quote
"i turned bull, I was wrong earlier and we are going to the moon"
- December 2013 - we were trading at $1200, the peak was reached shortly after and we crashed

I could go on FOREVER.

As some have said, Risto makes some very interesting general analysis threads, but:

  • his short term calls are consistently wrong
  • he doesn't own 10k coins, that's BS. He doesn't own more than 2k coins based on his post history (probably less)
  • his history of successful trading are utter BS. He doesn't do "arbitrage", and he makes up his stories of success to build up his character
  • he has delusions of grandeur and maniac episodes in which he totally loses his mind, probably believing his own BS
  • he doesn't stand serious critics, that's why he starts self-moderated topics in which he ruthlessly deletes well-reasoned critics while allowing random and off-topic praises.
  • finally, his business model is to attract noob investors to either a) sell them BTC with a markup or b) manage their assets for a fee. This is his priority, and the character he built in here is made with that priority in mind.

Let me get straight that I haven't got anything personal against Risto, is just that I feel bad when I see noobs thinking he is some kind of über-successful master BTC trade, while in reality he is mostly smoke and mirrors. As we are supposed to be a community, sometimes I feel the urge to warn newcomers and tell them to analyze more thoroughly the character before thinking to risk their money to/with him.

+1

I am sensitive when he gives the noobs the "Pro trader" act I will copy what you just wrote just to threw it on his face, because he is one of the few here that claim that his posts are not speculations but "facts" and the clients that he claims to have are BS....
legendary
Activity: 1470
Merit: 1007
But he does tend to get it right.

Wrong. You are very new here, but he tends to get it wrong most of the times, I'd say as much as 90% of the times.

Don't have the time to dig all the old posts (plus he tends to delete them when he gets it wrong), but I will make you a very short summary of some of Risto Pietila's calls:

Quote
"anyone who does not believe that we will hit $300k per BTC by this year is in denial of the facts"
- spring 2013 (this was not trolling, this was a very real and serious prediction he made earlier this year)

Quote
"we will never see $100 again"
- summer 2013 - we went below $100 (till $67) a few days after

Quote
"i turned bear, I'm selling and buying back cheaper in a few days"
- November 2013 - he sold at $700 hoping to buy back cheaper and had to buy back at a loss shortly after

Quote
"i turned bull, I was wrong earlier and we are going to the moon"
- December 2013 - we were trading at $1200, the peak was reached shortly after and we crashed

I could go on FOREVER.

As some have said, Risto makes some very interesting general analysis threads, but:

  • his short term calls are consistently wrong
  • he doesn't own 10k coins, that's BS. He doesn't own more than 2k coins based on his post history (probably less)
  • his history of successful trading are utter BS. He doesn't do "arbitrage", and he makes up his stories of success to build up his character
  • he has delusions of grandeur and maniac episodes in which he totally loses his mind, probably believing his own BS
  • he doesn't stand serious critics, that's why he starts self-moderated topics in which he ruthlessly deletes well-reasoned critics while allowing random and off-topic praises.
  • finally, his business model is to attract noob investors to either a) sell them BTC with a markup or b) manage their assets for a fee. This is his priority, and the character he built in here is made with that priority in mind.

Let me get straight that I haven't got anything personal against Risto, is just that I feel bad when I see noobs thinking he is some kind of über-successful master BTC trade, while in reality he is mostly smoke and mirrors. As we are supposed to be a community, sometimes I feel the urge to warn newcomers and tell them to analyze more thoroughly the character before thinking to risk their money to/with him.

Quoted for future reference.

Best summary of the man so far, warts and all.

(also, I kinda like him. a bit like you like that drunken uncle at your family gatherings though, the one nobody takes really serious Tongue)
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