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BTCUSD daily price action

  • #281
  • Aug 29, 2019 10:45am Aug 29, 2019 10:45am
Quoting MarkGman
Converted my small amount of BTC to USD yesterday before went too far. However, still sitting on the sidelines. Nice to see the uptick recently, but not sure we are still going up. Thanks for the analysis TMR. Tense times.
Always good to take profits...one never goes broke taking profits.
@xxxx§|[::::::::::::::::>
  • #282
  • Aug 29, 2019 8:38pm Aug 29, 2019 8:38pm
Quoting DonPato
Price goes "whoosh".
It sure does
  • #283
  • Aug 29, 2019 8:58pm Aug 29, 2019 8:58pm
Quoting TMR
Fakesatoshi would have dumped OTC.
Ummmm, care to explain that further TMR?

All cryptos transactions are OTC, since there is there is no centralized exchange. What the crypto world calls an "exchange" is really a broker, and there are many of them, all with their own price. That's the definition of OTC. A real exchange is something like NASDAQ or NYSE, where there's only one price that is centrally cleared.

I assume what you mean by OTC is that he will do a private transaction. If so, then please tell me who are the genius counter-parties who will fork over a billion dollars in a private transaction with Faketoshi? These coins have the potential to crush the market, there's no way someone would do a deal like that without knowing how it will affect the broader market.

No matter how Cragadile Dundee moves these coins, it'll crush us buddy. BTC $1,000 levels.

There's still the hope that he actually is Faketoshi, does not have the coins, and just spent millions on a two-year trial that was predicated on a fantasy.
  • #284
  • Aug 29, 2019 9:07pm Aug 29, 2019 9:07pm
TMR can we agree that a dip below $9K tonight will prove that Faketoshi is coming for us?
  • #285
  • Aug 30, 2019 4:12am Aug 30, 2019 4:12am
Quoting Goat
TMR can we agree that a dip below $9K tonight will prove that Faketoshi is coming for us?
9K is crucial, guys.
9K is exactly 1/2 from The Fools Day (4,125) ...and the Top (13,873) !
(Forex Factory data)
Major support.

If D1 close below 9K, yeah, Shit-Oshi might come after us, cleaning people's pockets by collapsing his pyramidal bubbling scheme
Old scam !
It happened before with bitcoin, it will happen again... Because a stup is born every minute. Go, Shit-Oshi!
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Member
  • #286
  • Aug 30, 2019 4:25am Aug 30, 2019 4:25am
Quoting DonPato
{quote} Always good to take profits...one never goes broke taking profits.
Compounding gains result in serious buck at the end of the day
4&1 All Time Profit: $37,496
  • #287
  • Aug 30, 2019 4:27am Aug 30, 2019 4:27am
Quoting TudorIoan
{quote} 9K is crucial, guys. 9K is exactly 1/2 from The Fools Day (4,125) ...and the Top (13,873) ! (Forex Factory data) Major support. If D1 close below 9K, yeah, Shit-Oshi might come after us, cleaning people's pockets by collapsing his pyramidal bubbling scheme Old scam ! It happened before with bitcoin, it will happen again... Because a stup is born every minute. Go, Shit-Oshi! {image}
Lol Tudor, why do I get the impression you lost a whole lot of money in a Bitcoin scam???? Lol this is a safe space...we are here for you....
4&1 All Time Profit: $37,496
  • #288
  • Aug 30, 2019 4:40am Aug 30, 2019 4:40am
Quoting MzansiObi
{quote} Lol Tudor, why do I get the impression you lost a whole lot of money in a Bitcoin scam???? Lol this is a safe space...we are here for you....
Already posted my bitcoin history ...I've bought last year from every thou level bit by bit, hoping to see the last bottom support...
I was holding deeeply in red, but after April I closed luckily at break even when the Fool pushed his baby a little above 10K
Now I'm holding a residual 0.03 ₿ until the end of time ... affordable loss whatever happens
Member
  • #289
  • Aug 30, 2019 4:42am Aug 30, 2019 4:42am
Quoting TudorIoan
{quote} Already posted my bitcoin history ...I've bought last year from every thou level bit by bit, hoping to see the last bottom support... I was holding deeeply in red, but after April I closed luckily at break even when the Fool pushed his baby a little above 10K Now I'm holding a residual 0.03 ₿ until the end of time ... affordable loss whatever happens
Lol......I feel your pain bud. There there now. It will be okay.....
4&1 All Time Profit: $37,496
  • #290
  • Aug 30, 2019 4:53am Aug 30, 2019 4:53am
Quoting Goat
{quote} Ummmm, care to explain that further TMR? All cryptos transactions are OTC, since there is there is no centralized exchange. What the crypto world calls an "exchange" is really a broker, and there are many of them, all with their own price. That's the definition of OTC. A real exchange is something like NASDAQ or NYSE, where there's only one price that is centrally cleared. I assume what you mean by OTC is that he will do a private transaction. If so, then please tell me who are the genius counter-parties who will fork over a billion dollars...
If Cragadile Dundeei did decide to unload some BTC he would do it over the counter with a broker to avoid slippage. Yes brokers do use trading exchanges, but they also provide liquidity matching miners, whales, and institutional investors.

No one at the moment would do a billion dollar private transaction with bitcoin and especially not with a fraud.

Craig Wright does not have access to Satoshi Nakamoto's bitcoin.
Money = Labour coupons
  • #291
  • Aug 30, 2019 4:56am Aug 30, 2019 4:56am
Quoting Goat
TMR can we agree that a dip below $9K tonight will prove that Faketoshi is coming for us?
I disagree. We could see a dip below 9k in the next couple of days but it is not because of Cragadile Dundee.
Money = Labour coupons
  • #292
  • Aug 30, 2019 5:00am Aug 30, 2019 5:00am
Quoting TMR
over the counter with a broker to avoid slippage.
A broker such as?

Quoting TMR
Craig Wright does not have access to Satoshi Nakamoto's bitcoin.
I hope you're right but how do you explain that he just spent a million bucks on a legal defense to protect coins that he doesn't even have? When you say "Satoshi's bitcoin", do you mean the 1M BTC that was the subject of the lawsuit? Or are you talking in a broader sense?

Tell me what I'm missing here buddy, help me sleep good again!
  • #293
  • Aug 30, 2019 5:03am Aug 30, 2019 5:03am
Quoting TMR
{quote} I disagree. We could see a dip below 9k in the next couple of days but it is not because of Cragadile Dundee.
My question to you both becomes.....what are you doing with all this information, that is, how does this turn into profits ylon your hand ...and I'm sincerely asking this as. Trying to understand or make sense of this and what actually fuels its movement...
4&1 All Time Profit: $37,496
  • #294
  • Aug 30, 2019 5:07am Aug 30, 2019 5:07am
Come on, if I would be Shitoshi I would do a simple math.
How much is for the taxes, and how much would cost me to evade taxes and pay a monkey to play the patsy.
The most profitable way wins.
Member
  • #295
  • Edited 5:30am Aug 30, 2019 5:13am | Edited 5:30am
Quoting MzansiObi
{quote} My question to you both becomes.....what are you doing with all this information, that is, how does this turn into profits ylon your hand ...
Well basically this guy Craig Wright got sued over the 1M BTC he holds, and the court apparently ordered him to give 500K BTC (about $5B) to the plaintiff. The theory is that Craig, aka Faketoshi, aka Fake-Faketoshi, aka Craigadile Dundeezy, will sell his 500K coins first, then send the other 500K to the plaintiff, who also has to sell for tax reasons, and the whole market goes to shite.

Since me and TMR are holding a lot of BTC long term, it's not so much an issue of putting profits in our hand as it is keeping the profits we have already made. I'm thinking sell now, but TMR's nerves of steel are giving me hope.
  • #296
  • Aug 30, 2019 5:19am Aug 30, 2019 5:19am
Quoting TudorIoan
pay a monkey to play the patsy
Help me understand this so I can use it myself.
  • #297
  • Aug 30, 2019 5:20am Aug 30, 2019 5:20am
Bitcoin:

Take into consideration that the cycle count (black) shows that wave "iv" is finished.
Next price target is 15750 $ - middle of nov 19.

Sixer
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  • #298
  • Aug 30, 2019 5:21am Aug 30, 2019 5:21am
Quoting Goat
{quote} A broker such as? {quote} I hope you're right but how do you explain that he just spent a million bucks on a legal defense to protect coins that he doesn't even have? When you say "Satoshi's bitcoin", do you mean the 1M BTC that was the subject of the lawsuit? Or are you talking in a broader sense? Tell me what I'm missing here buddy, help me sleep good again!
https://genesistrading.com/, https://www.bitcoinsuisse.com/, for example.

He burned all that money to keep the facade that he created the bitcoin.

By Satoshi's bitcoin I mean the single computer that mined over 1M BTC starting from block 0. I'm not sure which address is subject to the lawsuit.

Don't lose any sleep my friend. We are still going to the moon!
Money = Labour coupons
  • #299
  • Aug 30, 2019 5:26am Aug 30, 2019 5:26am
Quoting TMR
By Satoshi's bitcoin I mean the single computer that mined over 1M BTC starting from block 0.
We're talking about the same coins then. They are dispersed into many wallets btw, it's not a big whale wallet.

OK so you're saying that Faketoshi.0 went through the legal battle to uphold a facade. Got you. What does he get from this facade that he would spend a million dollars upholding it? As far as I can see nobody even believes the facade, so who is he upholding it for? And last question where the hell did he get the million dollars?!?!?

Will check out the brokers you listed. Thank you TMR.
  • #300
  • Aug 30, 2019 5:27am Aug 30, 2019 5:27am
Quoting Goat
{quote} Well basically this guy Craig Wright got sued over the 1M BTC he holds, and the court apparently ordered him to give 500K BTC (about $5B) to the plaintiff. The theory is that Craig, aka Faketoshi, aka Fake-Faketoshi, aka Craigadile Dundeezy, will sell his 500K coins first, then send the other 500K to the plaintiff, who also has to sell for tax reasons, and the whole market goes to shite. Since me and TMR are holding a lot of BTC long term, so it's not so much an issue of putting profits in our hand as it is keeping the profits we have already...
Lol alright bud..... So you're more long term setups into this.....
4&1 All Time Profit: $37,496
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