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

[Killerpotleaf]

Money seems to be flowing into alt coins evenly, like an index. The fundamentals of the coins themselves might be besides the point.

It's traded like that for a LONG time and is nothing more than a single entity (digital currency group) trying to pump and dump and unload overpriced trash on idiots.

This might just be the first time I've noticed. I haven't seen Wolf of Wall Street, either.

its a pointless movie that lasts over 2hours
but its pretty fucking good.

[1714591419]

1714591419

[1714591419]

1714591419

[1714591419]

1714591419

[deepcolderwallet]

Where's the bottom for this dip trend? Back to 3 digit?

[blandana]

$1,103

[Killerpotleaf]

<970 in <2days 

[deepcolderwallet]

Went from 1170 to 1132 in less than 1 hour  
Last 24 hours the selling pressure is weirdly strong.
It makes me wonder about if there's an agenda behind it.
I may be wrong, but the fact is chinese control mining. Is it possible they're dumping their stash on US and EU exchanges so we have a lot of valueless cryptomoney and they have green dollars?? A smart way for changing cheap electricity for DOLLARS. Actually it makes no sense (at least for me) to discuss hard or soft forks when it seems china is cheating on West and polluting the world as change.
They make cheap cryptomoney and we buy it for more than 1000 dollars. When it's over, what's left?
The idea behind Bitcoin is great, we could have freedom from banking system and averything, but what about this price of literally send our hard-earned money to china we are likely to pay?
Of course there was 2010/11 when we could all have bought BTC very cheap, but those market moves dropping the price $100+ in less than 24 hours scare me AF!
Is China coming at us at all?

[Paashaas]

$1130 is cheapest price possible, nice buying opportunity

[Ted E. Bare]

Fork discussions are weird because there is no fork planned.

Every time BTC-e is $20 above Stamp and Finex = oversold?

[deepcolderwallet]

$1130 is cheapest price possible, nice buying opportunity

Sorry, it's already 1119

[deepcolderwallet]

1115 and counting...
I'm happy I'm already back to fiat since 1160...

[marcus_of_augustus]

I have a theory why the ALL the alts pump massively just before bitcoin gets dumped (this is not the first time it has happened) and FUD attacked, bear troll shill brigade shows up etc.

The banking groups that are trying to get into cryptos are known to have large positions/interests in at least ethereum, ripple, stellar, lisk and probably others. And they are known to always be on the look-out for the latest money-laundering wheeze.

Modus operandi is this;

i) deposit dirty fiat in altcoin exchanges where regulations are low to non-existent
ii) buy up alts on altcoin exchanges (especially pump up ethereum bankster coin to undermine bitcoin's supremacy network leader position)
iii) crypto transfer alts into bitcoin (no effect on bitcoin-fiat pricing which would be counter-productive to price perception manipulations AND essentially untraceable link to dirty fiat if done correctly)
iv) dump bitcoin back into fiat onto regulated AML/KYC exchanges, unleash the FUDsters ... dirty fiat laundered and bitcoin trashed in fiat pricing, bankster alts pumped up artificially

current volume is $1 billion per day, works for good sized laundering quite well for them.

[brokedummy]

I'm very worried, somebody please hold me. 

[Killerpotleaf]

Fork discussions are weird because there is no fork planned.

Every time BTC-e is $20 above Stamp and Finex = oversold?

it went from, if there is a fork to WHEN the fork happens.

its understandable tho, at this point forking seems inevitable.

[Dafar]

Bitcoin = the new shit coin?


 

[deepcolderwallet]

I have a theory why the ALL the alts pump massively just before bitcoin gets dumped (this is not the first time it has happened) and FUD attacked, bear troll shill brigade shows up etc.

The banking groups that are trying to get into cryptos are known to have large positions/interests in at least ethereum, ripple, stellar, lisk and probably others. And they are known to always be on the look-out for the latest money-laundering wheeze.

Modus operandi is this;

i) deposit dirty fiat in altcoin exchanges where regulations are low to non-existent
ii) buy up alts on altcoin exchanges (especially pump up ethereum bankster coin to undermine bitcoin's supremacy network leader position)
iii) crypto transfer alts into bitcoin (no effect on bitcoin-fiat pricing which would be counter-productive to price perception manipulations)
iv) dump bitcoin back into fiat onto regulated AML/KYC exchanges, unleash the FUDsters ... dirty fiat laundered and bitcoin trashed in fiat pricing, bankster alts pumped up artificially

current volume is $1 billion per day, works for good sized laundering quite well for them.

That's a good point. I work on the bank system and know how it works, it's not impossible. Actually it's very feasible.

[lightfoot]

Yawn. Big deal.

[sui_generis]

RIP Bitcoin 

[Ted E. Bare]

So... The big plan was to buy back at 1100?

[edgar]

ugh!

tried to buy at 1103, it was 1122 before i even got logged in

[Stevenirving]

Anyone not buying right now is a real loon! This is it friends. The opening is right in front of you

[blandana]

well I wouldn't say they're a loon but it did hit the big macd line or whatever it is (edit 21-EMA bitfinex line**), that was my 1,103 guess.  With the recent downtrend there is a high possibility that it may continue.