My account was not hacked and I have the password.

My original account "Hyphymikey" has been locked for some time now. I did was a password change after the hack a while back, then I go to log back in and it says I have been banned and to contact Theymos at the e4ward email. I have emailed numerous times with no reply. I changed my password again the other day with my reset and it still says banned. Can any Staff shine some light on what is going on? I saw the thread on how to prove accounts, but my account was never hacked or signed in from anywhere but my home, and never out of my possession. I would really like my old account back as the old timers are getting back on the wall observer thread.

Back in the original wall observer thread. I got there at $13 but I agree, good ol days!

Uh oh

Interesting to see 1K BTC on the ask side to $800 on Bitfinex, Bitstamp, GDAX, itBit, and BTC-E.

They don't use cold storage. Each user has their own multi-sig wallets with BitGo. The hacker used Bitfinex's credentials somehow to sign as 1 and BitGo automatically signs as 2, making the 2 out of 3 multi-signature.

The failed to keep it under $500 part.... Whales can take a break from time to time. With the insider knowledge they have, they know when a large sum of fiat enters an exchange, and can either front run or at least hold of selling. When they see the "newcomer" is done buying they can sell for a profit. That's what we are seeing now. What's better than a pump and dump? One where someone else does the pumping and you do the dumping. It makes for much greater profit than any other method. You might even coax the newcomer into selling at a loss, and profit from that too. I just made a post here about BFX being 88% corporate aka whales, when this falls under 50% they lose all their power. So expect to see this over and over.

Bringing it back under $500 seems like a 30% chance to me, as in if they will only barely break into the high $400s. I think they have no incentive to do it because margin longs are so heavily backed that we would need $300s to see a significant margin call of longs. I'm thinking sideways between $580 and $620 until another newcomer enters or we see another hype cycle.

If anybody needs proof of "whales"

http://www.cftc.gov/idc/groups/public/@lrenforcementactions/documents/legalpleading/enfbfxnaorder060216.pdf

"However, corporate users compromised a significant portion of Bitfinex's trading volume during the Relevant Period. In 2015, 88% of the dollars deposited to and withdrawn from Bitfinex were by corporate users."

Bottom of page 3

He left to start his own hedge fund, he didn't quit out of nowhere. Stop spreading FUD like you always do.

1 of the 3 whales in bitcoin got bored I see. I wonder why he decided to dump and not pump? He must be stop-hunting some of the open longs, which isn't near as profitable as pump and dumping. But when you have insider knowledge a buck earned is a buck earned right?

+1

I used to work in the petroleum and chemical refinery business. This video was shown numerous times in safety meetings and classes. What's surprising is, those tankers aren't suited for vacuum, and very little was needed to crush that one like a soda can.

Too many whales just sitting on their hands not doing anything.

Who will be brave enough to act first?

All I know is the first to act will be the one that ultimately loses.

I don't get it. Are you a troll?

Off-topic:

My most used day trading tool, the all important Apple Watch.



Edit: I guess I can't post images yet. Can I have my old account back please?

From what I've read around here, everyone is expecting a crash around the halving, so won't they be the ones who get fucked?

I expected more from someone who has been around for 2 years.

Low volume bot trading in China manages to bring the price down with big volume on other exchanges. They don't even try to hide the manipulation, but I don't blame them, traders are blind anyways.

China, with Huobi, its "leading exchange because of volume" drops with around 500 BTC traded, while Bitfinex drops with around 6000 BTC traded. Whats even funnier is that Bitstamp had more volume on this dip than Huobi. The day these Chinese exchanges have fees is the day the whales lose their surefire way to eat up all you minnows.

Most certainly not lol. I'm pretty sure if you read my old post history under hyphymikey, you will see me talking about this years ago. I haven't looked back at the history lately, but I'm pretty sure I've talked about it in this thread.

Sell pressure here and there from one or more people, creates a bear market. The traders then do the rest. If MatTheCat or one of the EW guys predict a breakout, which might interfere with a whales plans, all the whale has to do is prevent the breakout. The whales don't have to do this 24/7 is what I'm trying to say. So even between two entities "manipulating" the market, the market wont change all a of sudden because of the sentiment. This overall sentiment is what the whales make the chartist think by, "manipulating" the chart using described methods.

You don't actually Short the market. You put a bunch of asks on the orderbokk, using margin, with your fiat as collateral. Like 10BTC every dollar, like 10btc at 801.37 and 10btc at 802.37. This eventually adds up to the 25K or 35K BTC in asks on BFX that came out of nowhere a few days ago. This person probably has a bot to take down those Margin Short Aks if the price approaches. This creates downward pressure on the market. It may even scare a smaller whale into holding off "buying to the moon", because he can't afford for those asks walls to come crashing down on him and his recently accumulated BTC. After this "manipulator" is done buying he will either buy his own shorts to bring the market up (creating profit on his OTC buy) or he pulls his margin asks, starts buying with that fiat and the traders rally behind him because they think the "Seller Whale has been taken down!" (Also creating profit on his OTC buy)

A few years back when user/ Loaded was around he use to talk of a whale eat whale world on the exchanges. Talked about bigger whales ruining his plans, etc.  This was right when OTC was getting starting. To say this still isn't happening one would be naive.