Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Has anyone noticed how Dash has been the bellweather for many recent market moves? It seems to precede the Bicoin turns by anywhere from a minute to two hours. Dash has a tiniy market cap and paper thin volume, so this should not be the case, IMO.

Of course, you would come back to this thread to bring up some stupid-ass cock-a-mie off-topic alt-coin pumping theory that makes little to no sense, except for yourself to attempt to suggest that the tail is wagging the dog rather than the other way around. go figure? Roll Eyes

By the way, how is the sale of all your BTC in the $200s going and subsequent attempt to short (and pump your short) at $500? Tongue

Were you smart enough to get back in at some point prior to $19k?

Oooo that just sounds painful. Ouch

BJA has a fairly interesting history, for a seeming bitcoin OG that has also been talking his book, and really trying to get others to follow him in his selling and/or shorting. He had admitted it several times, too, but he also admitted a few times when he had taken pretty strong positions and got rekt pretty bad, too... which is sad - but utlmately stupid since he was trying to act like he was the smartest person in the room when he was taking some of those positions.

He also has a pretty famous quote in the "new gentlemen elite thread" in 2011, where he said he was going to ride this pig (referring to bitcoin) wherever it takes him - but then again, he soon did not even follow his own supposed bullish statement.

So, it does seem that he is the same account, but you really cannot tell for sure if someone bought out the account, either.

I got in because I loved the economics of Bitcoin. I'm an econogeek, not a technogeek. I never suspected there would be a transaction capacity issue. Then I came to the conclusion that it was a governance issue and the blocksize thing was just a symptom. My rekt trading positions as it turned out didn't matter too much because Bitfinex stole 1/3 of my account anyway when they got "hacked". I actually lucked out because it took so long to recover my private keys from an obsolete wallet.dat file that the price blew sky high. Of course i still sold too much too early, but I had forgotten about the coins in about a half dozen exchanges that i had scattered around to diversify my risk. sold them too eventually. I actually felt like a chump at the top thinking "what the hell am I going to do with all this depreciating fiat?"

I loved Bitcoin, but it's MySpace. I'm looking for the FaceBook of crypto. Bitcoin was pioneering, but a pioneer is a guy lying face down in a pool of his own blood with arrows in his back. it's something to learn from.