Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 13/07/2018, 06:23:15 UTC

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 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.

There is nothing wrong with each of us having our quirks - but when you try to act like you know it all and everyone should do what you do, then that can become a bit irritating...

Yeah, you admit that you talk your book, and you seem to waver between 1) not thinking there is anything wrong with talking your book and 2) getting carried away on some bullshit evangelizing mission that involves denigrating bitcoin and pumping some other narrow vision which certainly seems to devolve into inappropriateness for a bitcoin thread.. where we should be attempting to provide information rather than misinformation in regards to bitcoin.


I never suspected there would be a transaction capacity issue.

Of course, issues evolve, and we cannot get caught in the past but attempt to recognize our investment based on current dynamics (which includes changes in the space, and even attacks on bitcoin)


Then I came to the conclusion that it was a governance issue and the blocksize thing was just a symptom.  

Yeah, of course, attacks on bitcoin.  If you are still harping on governance, then you are still harping on attacking bitcoin and failing/refusing to accept bitcoin for what  it is and instead trying to prescribe your own  narrow vision on it.



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".

Of course, bitfinex played some shenanigans, but you also need to take some personal responsibility over your actions and reactions to whatever bullshit stuff they were doing.

You are engaging in misinformation, if you are describing bitfinex's play as a pure 1/3 profit grab, even though it was a 1/3 socialization of loss that was paid back (of course with further shenanigans from bitfinex, but you could still strategize ways to have done o.k. in that circumstance as long as you did not play their bullshit with too much emotion and extreme thinking).  Furthermore, you well know that bitfinex is not bitcoin, and you also admit that only a portion of your bitcoin holdings was with them.  They also socialized losses in August 2016, but they paid everyone back in April 2017... so yeah, none of us knew exactly what they were going to do, so there was a bit of a gamble there too about how you treated your coins in that situation.


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.

Actually, this was another thing that I was going to say.  Sometimes we could have had decent sized losses, or even played our bitcoins a bit stupid, and still made decent profits... a similar thing could be said by holding some value in various alt coins that pumped quite a bit, too.


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.  

Gotta appreciate that you are admitting that you made some mistakes, and so there can be living and learning that comes from mistakes, no?


I actually felt like a chump at the top thinking "what the hell am I going to do with all this depreciating fiat?"

Funny how you still want to paint yourself as some kind of balling winner who is smarter than everyone else, even though you made mistakes?  You know that there are all kinds of variations of profits, and many of us do not necessarily need to brag or proclaim that we did better than others in order to still feel good about how we played our own hands (investment in bitcoin).  So, I don't really understand what purpose there is in attempting to proclaim that you ended up (by hook or by crook) incrementally selling all the way to the top and making a killin?  hahahahahaha.. bordering on ridiculous that you feel some kind of need to proclaim those things.

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.  

O.k.  going back to your dumbass talking points in that you want to denigrate bitcoin and pump some stupid ass other projects, such as DASH.. so fucking what.  Go somewhere else to pump your alt coin Bitcoin 2.0 proclamations.

In spite of your ongoing naysaying, Bitcoin remains the cypto that is providing the most value and security to the space on an ongoing basis, and other coins projects, to the extent that they are profitable at all relative to bitcoin, are for the most part profitable only because bitcoin maintains a kind of core security and considerably more decentralization than any other project that is merely creating the appearance of decentralization (to the extent that they are able and want to spout out decentralization talking points).  So get the fuck out of here with proclamations that some other coin is better, and that bitcoin is some kind of old generation, because hardly no one in this thread is going to believe that kind of bullshit.