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

[Adrian-x]

dear mr manipulator:

1) fuck you
2) i won't sell no matter what
3) i will sleep very well even with btc @1$

When I see big dumping this is what I think http://www.arunjain.com/jokes/Shit_-_A_Bird_Story.htm
You'll have to hold tight Bitcoin won't go to a dollar but your faith will be tested.

In my view the manipulator on average are pushing the price up not down. Well that all changes with the coming ETF, as there will be new classes of manipulators, you won't know when you're falling or being dumped on.

Edit:
The manipulation game is to end up with more wealth not more Bitcoin.

[1714661648]

1714661648

[1714661648]

1714661648

[JimboToronto]

100,000 btc to whoever reaches hero status first?

No bet.

I think you have a 4 day head start on me.

[spooderman]

Am I the only one that thinks the ETF is bullshit? Isn't it essentially a bitcoin derivatives market that will be manipulated to fuck and have nothing to do with anything that we as a community (once) all stood for?

[spooderman]

Also, is it fair to say that dogecoin is the most successful alt?

[Teppino]

dear mr manipulator:

1) fuck you
2) i won't sell no matter what
3) i will sleep very well even with btc @1$

When I see big dumping this is what I think http://www.arunjain.com/jokes/Shit_-_A_Bird_Story.htm
You'll have to hold tight Bitcoin won't go to a dollar but your faith will be tested.

In my view the manipulator on average are pushing the price up not down. Well that all changes with the coming ETF, as there will be new classes of manipulators, you won't know when you're falling or being dumped on.

I've read that link, i agree about the moral.
That was just a vent, let's just consider point 2 & 3 and forget about 1

[JayJuanGee]

600 dump on Stamp, 500 on Finex and tried to push down the price on Huobi, same old story every other day. Whale buyer is still on Finex, supporting the price and no one seems to be following the dumpers on other exchanges. Huobi determined not to let the price cross 2,920. Rinse and repeat really, going nowhere fast and some mysterious dumper having a seemingly never ending supply of coins.

CONTINUED TRANSFER OF WEALTH  

Maybe that is the million bitcoin question......?  


 Transferred from who to whom?

From Hal Finney to anybody that wants to buy.


He could have a hundreds of thousands.

These various conspiracy theories about large coin holders purposefully dumping in order to cash out, even though there is some truth to them, are frequently overrated and over calculated as a probability that is more likely to be slim.

Large holders, who generally believe in BTC, are NOT going to cash out large portions of the BTC stash.

Nonetheless, after giving further consideration to this question, I have been thinking that more and more of the status quo wealthy elite are engaging in manipulation to get more coins and to trick regular people (weak hands) to lose faith in BTC and to sell their coins at these low prices and I think that they are running out of sellers and they are running out of their own coins.  

There are also some status quo wealthy that either do NOT believe in BTC and they are reluctant to get into BTC for a variety of reasons, including that they believe that BTC remains too small potato.. . Accordingly, there is likely going to be a considerable amount of redistribution of wealth from the status quo wealthy to the new wealthy elite, gentlemen... he he he... which will include some of us regular folks who have invested into BTC and we are going to continue to HODL.... in spite of the various downward manipulation pressures and in spite of the various FUD (including your suggestion that some big holders are inspired and conspiring to dump their coins)

Hal Finney passed away a few weeks ago, perhaps whoever was given his coins needs the money right away or maybe doesn't believe in BTC's long term potential.

Perhaps Hal's illness prompted his selling in June just as BTC was beginning to rise. Perhap Hal is the reason that the price has been suppressed and the July burst did not occur.

Surely, this is a speculation thread, and we all have the "right" to speculate, but really you are coming up with some real pie in the sky speculations about "what if" this and"what if" that and really bull shit... too many assumptions  that have nearly no evidence in reality.... is there a word for that?  FUD?   

[ChartBuddy]

Explanation

[yokosan]

https://blockchain.info/charts/n-transactions-excluding-popular?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

Only 10k transactions per day less than the peak of the bubble.

The bubble increased daily transactions by 30k.

So we have gained 20k daily transactions since the bubble.

This is excluding popular addresses.

As for blockchain they are doing well: https://blockchain.info/charts/my-wallet-n-tx?showDataPoints=false&timespan=&show_header=true&daysAverageString=14&scale=0&address=

They have almost 10k daily transactions MORE than the height of the bubble, which had inflated daily transactions by 10k.

Both of these things lead me to believe that people are currently using Bitcoin a lot more than they did even during the peak of the bubble.

This is really bullish.

[ChancellorOnABrink]

https://blockchain.info/charts/n-transactions-excluding-popular?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=0&address=

Only 10k transactions per day less than the peak of the bubble.

The bubble increased daily transactions by 30k.

So we have gained 20k daily transactions since the bubble.

This is excluding popular addresses.

As for blockchain they are doing well: https://blockchain.info/charts/my-wallet-n-tx?showDataPoints=false&timespan=&show_header=true&daysAverageString=14&scale=0&address=

They have almost 10k daily transactions MORE than the height of the bubble, which had inflated daily transactions by 10k.

Both of these things lead me to believe that people are currently using Bitcoin a lot more than they did even during the peak of the bubble.

This is really bullish.

Plus some off blockchain volume : http://www.reddit.com/r/Bitcoin/comments/2gfewa/transaction_volume_a_lot_of_transactions_are_not/


Coinbase last year

https://i.imgur.com/XMx1pvh.jpg

[iram3130]

Explanation

Whan a boring day for trading, we just traded between 5-6 points.
What happened to market why so much choppy market.

[InwardContour]

The news are so bullish that I can't understand why the price is stuck at these values.

[coins101]

Spam, incoming



https://bitcointalk.org/index.php?topic=781216.msg8805239#msg8805239

80% Yes
20% No

No? Don't want selling pressure reduced?

[empowering]

Adam...... everything ok ... you look different....

[ChartBuddy]

Explanation

[grappa_barricata]

Interlude:

[skivrmt]

Am I the only one that thinks the ETF is bullshit? Isn't it essentially a bitcoin derivatives market that will be manipulated to fuck and have nothing to do with anything that we as a community (once) all stood for?

An ETF can also provide hedging opportunities which a large company or merchant will need.  Airlines don't buy spot fuel.  They hedge.  Bitcoin does not have a clean way to hedge currently.  An ETF -can- provide that.

[empowering]

Also worth a read....

Interest is beginning to build, awareness is growing and the date of the national referendum has been set. Later this year, on November 30, the good people of Switzerland will finally get an opportunity to make their voices heard. The Swiss Gold Initiative can be roughly stated in three parts:

1) The halting of all Swiss gold sale
2) The repatriation of all Swiss gold that is held in foreign vaults
3) Resume backing the Swiss Franc with gold, at a minimum level of 20%

Of course, the politicians and bankers of Switzerland are squarely against this initiative as it greatly diminishes their hold on power and restricts their ability to continue to debase the Franc. Fortunately, as one of the world's few remaining democracies, the Swiss people have an opportunity on November 30 to directly affect a change. For their sake and for the sake of their posterity, I pray that they choose wisely.
 
FULL ARTICLE =

http://www.tfmetalsreport.com/blog/6065/swiss-gold-initiative

[empowering]

Also last time as I do not mean to spam the thread... but for those that may have missed it, really worth a watch, Jacob elaborates specifically and in more detail about the various projects and technologies being used by NSA and GCHQ et al to spy on , well everyone..

Much of this is from snowden leaks, and has been covered in various publications, though there is more detail here, and it is a pleasure imo to listen to Jacob Applebaum (TOR (+...)) talking about this stuff.
 

Jacob Applebaum: To Protect And Infect

The militarization of the Internet

http://youtu.be/vILAlhwUgIU

Worth a watch....

[NotLambchop]

Boredoms
Doldrums
Two so-so '90s bands

[Foerster]

Also, is it fair to say that dogecoin is the most successful alt?

Just check and compare it's fundamental data at http://bitinfocharts.com/.
Dogecoin seems indeed to be the number one Altcoin, only second to to the mighty Bitcoin. However it's ride will probably be much wilder than that of Bitcoin.