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

[dewdeded]

Source?

Oh wait, you just pulled that out of your ass.

Wat? I have no source. But I am sure these murder charges are fake.
Do you believe that? You think he really (tried to) ordered a hitman?

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[1714754799]

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[ChartBuddy]

Explanation

[derpinheimer]

This is looking bad.. anyone disagree?

<350 Friday?

[Tzupy]

The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.

[Eastbay]

Source?

Oh wait, you just pulled that out of your ass.

Wat? I have no source. But I am sure these murder charges are fake.
Do you believe that? You think he really (tried to) ordered a hitman?

Personally yes, i do believe he order the hitmen, his buisness was REALLY profitable and alot of money was on the line, if you read the chat logs between him and the "hitman" yes, i do believe the charges are justified, will they be proven beyond a reasonable doubt i sure hope not  

[Eastbay]

The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.

sounds like someone is blindly regurgitating the bitcoin market analysis article released today lol http://www.dailytradingprofits.com/2112/bitcoin-market-report-111914/

[NotLambchop]

they made up this murder attemps to
a) get him 100% in jail and have him face a long time (if they want)
b) to be able to convict him even if they cant proof SR ownership/drugtrade

In United States, we don't need to make up no stinking charges.  That's not the way we do things





  ~Your Beneficent Reptilian Overlords

[ShroomsKit]

Source?

Oh wait, you just pulled that out of your ass.

Wat? I have no source. But I am sure these murder charges are fake.
Do you believe that? You think he really (tried to) ordered a hitman?

How can you be sure? You don't know this guy. What is this based on?
Weird. Very weird.

[Tzupy]

The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.

sounds like someone is blindly regurgitating the bitcoin market analysis article released today lol http://www.dailytradingprofits.com/2112/bitcoin-market-report-111914/

No, I only read that after seeing your link. My analysis comes mainly from MACD observation, coupled with EW.

[ShroomsKit]

It drives the traders nuts that their coins are worth 375. They will do everything they can to take us back to 330. Then they're happy again. Then they're like thank god my coins are worth less now. I can finally relax.

[devphp]

Need your opinions, gentlemen:
https://bitcointalk.org/index.php?topic=865080.0

[JorgeStolfi]

So the gov believed the price will tank in June and they were right (Draper got bull trapped), the gov (not DPR) believes again the price will tank, guess what...

I think it is a bit different.  The 30'000 BTC June lot was seized property, and the the government is suposed to auction seized property as soon as possible, irrespective of market conditions.  It took so long only because they had to wait for permission by the court, and "soon" in government means "only a few months". 

This 150'000 lot is still disputed property, and Ross has not been convicted yet, so the government must consider what happens if he is cleared and the bitcoins are determined to be his property (as unlikely as they may think).  In that case, Ross could sue the government for the loss he suffered by not being able to sell them.  That would be bad for the career and prestige of the people responsible.  Thus the agreement.

Auctioning "perishable" goods in these circumstances probably has many precedents.  In any case, after the coins are converted to legal tender, with Ross's agreement, the people responsible cannot be blamed if the price goes up again.  They were as considerate as possible given the circumstances.

Civil servants do not get a cut of the money from the auction; that money goes to the Treasury (or to some general fund for the public good).  They are motivated by gold stars in their resumé, that eventually lead to promotions.  Catching and convicting criminals yields gold stars for all involved.  Carrying out a smooth auction of a weird item, with no complaints of bad press,  also yields gold stars.  They do not care if the auction messes the market or gets a lousy price, but they worry about doing something stupid that could stain their resumés -- such as auctioning a bunch of seized game tickets after the game, or auctioning so much stuff at one time that they cannot get enough bidders for it.

[Terwa]

Need your opinions, gentlemen:
https://bitcointalk.org/index.php?topic=865080.0

If the price is 1$ but all people use it is a good option for cryptos.
If the price is high and nobody use it... is a bad option for BTC but good for us ($$$)

[aztecminer]

So the gov believed the price will tank in June and they were right (Draper got bull trapped), the gov (not DPR) believes again the price will tank, guess what...

Civil servants do not get a cut of the money from the auction; that money goes to the Treasury (or to some general fund for the public good). 

stop trying to fool us! the confiscated drug money is used to buy more batteries for their flash lights.

[Walsoraj]

Need your opinions, gentlemen:
https://bitcointalk.org/index.php?topic=865080.0

I'll answer your question, but not in that thread.

If When Bitcoin fails, Ripple wins. 

[jonoiv]

This is looking bad.. anyone disagree?

<350 Friday?

Strongly disagree.

but lets see

[tarmi]

total sum of active swaps
USD   0.0796%   0.0678%   24,413,894.06 USD
BTC   0.0066%   0.0286%   7,095.62 BTC


dear bulls,

I would really really like to see usd swaps hitting 30 mil and the price hitting 420 mark.

thank you.

[justusranvier]

Civil servants do not get a cut of the money from the auction; that money goes to the Treasury (or to some general fund for the public good).  They are motivated by gold stars in their resumé, that eventually lead to promotions.  Catching and convicting criminals yields gold stars for all involved.  Carrying out a smooth auction of a weird item, with no complaints of bad press,  also yields gold stars.  They do not care if the auction messes the market or gets a lousy price, but they worry about doing something stupid that could stain their resumés -- such as auctioning a bunch of seized game tickets after the game, or auctioning so much stuff at one time that they cannot get enough bidders for it.

Are you suggesting that the total value of seized assets they process has no effect on the number of gold stars on their resume?

Civil asset forfeiture does not need to go directly into the pockets of civil servants to create financial incentives.

[cheekychap]

This is looking bad.. anyone disagree?

<350 Friday?

Strongly disagree.

but lets see

Almost everyone will disagree with you, but its hard to say anything right now.

[NotLambchop]

...
dear bulls,
I would really really like to see usd swaps hitting 30 mil and the price hitting 420 mark.
...

The bulls are in full-on spin/damage control mode.  No time to trade.