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Showing 20 of 2,069 results by samson
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Board Bitcoin Discussion
Re: ATTENTION! To all Mtgox creditors
by
samson
on 13/07/2024, 10:14:26 UTC
Seemed to turn out ok in the end  Wink
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 28/02/2024, 14:14:18 UTC
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 23/10/2023, 20:16:27 UTC
Looks like it's 'boom day' today.....
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Board Speculation
Re: Mt. Gox will release bitcoin in march - what's next?
by
samson
on 11/03/2023, 09:36:45 UTC
Can anyone who is a MtGox creditor can confirm if they are actually going to get their coins in March? I’ve been hearing this for years and it almost always gets pushed back.


We're probably not getting anything until October now.

There was never any March payment due, not once - if you believe that somehow either you're stupid and don't understand what's going on or you've read some FUD.


The March thing was an 'enter your bank details by March 10 or you don't get paid' cut off date for payment by the end of September that's now been extended until April with a supposed payment date of the end of October.

The problem is many claimants have not entered their bank / payment details. But I suspect these are all small / tiny claims which people simply can't be bothered to register. A lot of new claims came in when BTC was above $50k, now it's so low these assholes seem to be ignoring it.

But this shouldn't be a problem - the trustee in charge should simply not pay these people, there is another procedure in place for them to claim their money through the Japanese government, constant delays to our repayments is begining to get annoying and it's not needed.


This trustee should stick to his own deadlines, he's looking like he has no control over what's going on now.
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Topic
Board Announcements (Altcoins)
Re: [ANN] Evrmore [EVR] Blockchain | ProgPoW GPU Mining | The Ravencoin fork for DeF
by
samson
on 10/11/2022, 21:22:01 UTC
I wonder where you can exchange, i.e. on which exchange

It is currently traded only on the https://safe.trade exchange.
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Topic
Board Announcements (Altcoins)
Re: [ANN] Evrmore [EVR] Blockchain | ProgPoW GPU Mining | The Ravencoin fork for DeF
by
samson
on 05/11/2022, 10:57:24 UTC
Looks good, a UTXO based defi sounds very interesting.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 30/07/2022, 06:35:45 UTC
Starting to eat away at that $24K resistance. I think we might see a quick hop up to $30K, but I’m still under the belief that a retest of the lows is possible when the mtgox coins are distributed. I would say that will be the time to buy, but it’s quite possible everyone else is thinking the same thing, so we’re seeing big money trying to front run retail’s re-entry by buying all throughout this dip.

Nobody really expects anything out of MtGox this year - don't believe anything you've read anywhere that tells you some kind of distribution / payout is imminent - it's definitely not.
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Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 15/05/2022, 22:48:34 UTC
⭐ Merited by JayJuanGee (1)
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Merits 16 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 16/11/2021, 20:10:33 UTC
⭐ Merited by El duderino_ (10) ,JayJuanGee (3) ,vapourminer (2) ,HI-TEC99 (1)
There was an announcement from the MtGox trustee today.

Here's a link to the official PDF:

https://www.mtgox.com/img/pdf/20211116_announcement_en.pdf

First couple of paragraphs containing relevant information :


Notice of Confirmation Order of Rehabilitation Plan becoming Final and Binding

 As we announced in the “Notice of Confirmation Order of Rehabilitation Plan” on October 20, 2021, the Draft Rehabilitation Plan (the “Draft Rehabilitation Plan”) filed by the Rehabilitation Trustee with the Tokyo District Court on February 15, 2021 was (i) approved by a large majority of rehabilitation creditors (hereinafter, the Draft Rehabilitation Plan approved by the rehabilitation creditors is referred to as the “Rehabilitation Plan”) on October 20, 2021, and (ii) on the same date, the Tokyo District Court made a confirmation order of the Rehabilitation Plan. Further, on November 16, 2021, the Rehabilitation Plan became final and binding.

The Rehabilitation Trustee would like to express sincere gratitude to all involved parties for their understanding and support, which led to the Rehabilitation Plan becoming final and binding.


This has been a FUD event, people have been speculating that the MtGox coins are all going to be distributed on Nov 20th, what happened today was expected to happen on Nov 20th.

It's a simple legal procedure, now the long process of the trustee collecting bank account details, choosing which exchanges are doing to be used for distribution will begin at some point. For all we know they haven't even developed the website software to allow this to be processed, now they have the go ahead from the court to do so.

As a creditor I expect nothing until what will likely be June/July 2022 and that's me being optimistic.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 08/11/2021, 23:14:39 UTC
Seeing prices higher than $67.3k

On the up!
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Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 02/11/2021, 10:01:39 UTC
⭐ Merited by Westingcote (1)
Pumpety pump

Going up!

Currently just above $63.1k on Bitstamp.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 18/10/2021, 13:06:18 UTC
In 2013 Michael Saylor said "Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling". He changed his mind? Or just a good poker player telling us Bitcoin is future and at the end will hammer Bitcoin once he got out?

C'mon, clearly he'll say whatever helps make his investors more money. That's all he's ever done.

Not really, he was clearly very wrong back in 2013, pity he took so long to change his mind as he could have many times more coins right now for a fraction of the cost.
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Board Speculation
Re: Tether will pay $41 million over ‘misleading’ claims it was fully backed by US d
by
samson
on 15/10/2021, 18:32:27 UTC
https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc


Quote
The CFTC said in a statement Friday that between June 2016 and February 2019, Tether misrepresented to customers and the cryptocurrencies markets that it had “sufficient US dollar reserves” to back every token when, in fact, its reserves were not fully backed the majority of the time.


.... this is hilarious, after more than a century of fractional reserve banking where most bank accounts held less than 10% reserves the "regulators" are suddenly all about enforcing full reserve banking for digital stablecoin accounts

... roll on Full Reserve Banking, the way of the future

... not to mention that while the corrupt CFTC has been watching gold and silver commodity markets have turned into the farce of having less than 1% physical reserves backing the massive pile of paper derivative promises issued in the markets the CFTC 'regulates'

Not only that, if the bank account name wasn't 'Tether' then they didn't include the money in the reserve, there was a new tweet in the last 10 minutes or so.....
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Re: Veteran Trader John Bollinger Is Targeting $50K After Recent Bitcoin Price Spike
by
samson
on 13/10/2021, 21:39:34 UTC
This is why I don’t pay attention to any of these analysis. That guy from Big Short told everyone when BTC was at $28K that it was going to break and go down and instead the complete opposite happened. People followed him and probably lost money going short or too profits too early. This is why you shouldn’t listen to any of these people.

Exactly!
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Re: Veteran Trader John Bollinger Is Targeting $50K After Recent Bitcoin Price Spike
by
samson
on 13/10/2021, 21:37:36 UTC
This was a bullish prediction by Bollinger on October 2 when it was tweeted - the price was around $48k on October 2.

Those reading it today might miss that as it's long out of date - things move pretty fast around here...

It's not about a dip at all - it's about the current rise and he was spot on as well!
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Merits 2 from 1 user
Re: Bitcoin, I salute your final ATH.
by
samson
on 11/10/2021, 21:24:01 UTC
⭐ Merited by vapourminer (2)
A lot of you guys are missing the context on the very long running Proudhon posts.

He's been posting here for as long as I can remember, likely before I joined back in 2012.

The running joke / laugh used to be that at times of uncertainty Proudhon would stop by, especially in the 'Wall Observer' topic and confirm that the top is in and we're never going to see the likes of $100 again - ever!

He was always regarded as a contrarian - whatever he said - the opposite happened.

Only once do I recall him saying the 'bottom bottom' is in and that was when it hit about $55 after the 2013 crash down from about $260 on MtGox - he was 100% correct on that call - it never went that low again.

Considering that, when Proudhon appears at a time of uncertainty it is a bullish indicator / omen but I guess you would have had to be here in 2012 / 2013 to fully realise that.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 07/10/2021, 22:31:01 UTC
Well well well...

George Soros’ fund owns bitcoin, CEO confirms
https://www.cnbc.com/2021/10/07/george-soros-fund-owns-bitcoin-ceo-confirms.html

Quote
The family office owns “some coins … but not a lot,” Dawn Fitzpatrick, CEO and chief investment officer of Soros Fund Management, said in an interview at a Bloomberg event this week.

Translation: The family office owns a fuck ton

Yeah, when people like this casually say they have a few they're not talking about a few coins, they're talking about a few percent of all the coins  Shocked
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 01/10/2021, 15:06:27 UTC
October will end lower than it began. Confirmed. You heard it here first.
Bullish  Grin
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Board Speculation
Re: Bearish Bitcoin TA - Be careful everyone ...
by
samson
on 18/09/2021, 19:11:31 UTC
Yes. I was exactly thinking about this these few days.
TA looks bearish but onchain analysis looks bullish.
Wonder which one will play out.

Given enought time...both Wink
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Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
samson
on 21/08/2021, 21:06:06 UTC
⭐ Merited by Biodom (1)
Someone being "bitcoin whimp" in the past is OK and would not matter in the slightest when btc would be at $0.5mil (gold parity) if you started smallish and DCAed for a while.
One the other hand, 'front-running' the whimp could be sweet too  Wink

In order for gold parity to come I believe the gold market will tank real hard so when it happens the market cap of gold will have reduced massively, like 50% for example.

Due to this it will happen far quicker than anyone realises as gold races down in price while Bitcoin rises at the same time.

At some point they will meet somewhere in the middle and it will be way lower than half a million a coin.