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

[Dafar]

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

You guys are getting played.  The pumpers ALWAYS come up with a reason to DUMP following an ATH.  If they can't exploit a hole, hack an exchange, or DDoS the shit out of one, they'll find another way.

The new way is pretty simple: social engineering based on emotion.  Make something trivial about Bitcoin into a big deal, create troll/shill accounts to divide the community, push $$$ towards alts and tout them as 'Bitcoin 2.0', and get everyone whipped up in a frenzy.  And short-dump on the way down.

Apparently, 90% of the time it's gonna work every time. Because bitcoiners are a bunch of overgrown whiny babies that can be easily manipulated.

Social engineering got Trump elected, and the fact that it might be working on bitcoin is the problem. The risk is not reflected on the price above $1000, and there's nothing at the moment that's gonna push us above the $1300 barrier

[1714537790]

1714537790

[Master mind]

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

You guys are getting played.  The pumpers ALWAYS come up with a reason to DUMP following an ATH.  If they can't exploit a hole, hack an exchange, or DDoS the shit out of one, they'll find another way.

The new way is pretty simple: social engineering based on emotion.  Make something trivial about Bitcoin into a big deal, create troll/shill accounts to divide the community, push $$$ towards alts and tout them as 'Bitcoin 2.0', and get everyone whipped up in a frenzy.  And short-dump on the way down.

Apparently, 90% of the time it's gonna work every time. Because bitcoiners are a bunch of overgrown whiny babies that can be easily manipulated.

[ImI]

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

It's quite simple: The ETF-decision brought hype. Hype lead to a big mempool. Which lead to rising fees. High fees lead to stronger motivation to run BU.

The runup caused the clogged network and that brought us here.

Same with altcoins. The rising fees (caused through ETF-hype) lead to rising Altcoins cause people speculate on stronger Altcoin adaption.

Just simple logic. No conspiracy-retardness needed.

[Torque]

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

It's quite simple: The ETF-decision brought hype. Hype lead to a big mempool. Which lead to rising fees. High fees lead to stronger motivation to run BU.

The runup caused the clogged network and that brought us here.

Same with altcoins. The rising fees (caused through ETF-hype) lead to rising Altcoins cause people speculate on stronger Altcoin adaption.

Just simple logic. No conspiracy-retardness needed.

The fact that a couple a troll traders have already jumped in to dispute me proves I'm right.

[BlindMayorBitcorn]

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

It's quite simple: The ETF-decision brought hype. Hype lead to a big mempool. Which lead to rising fees. High fees lead to stronger motivation to run BU.

The runup caused the clogged network and that brought us here.

Same with altcoins. The rising fees (caused through ETF-hype) lead to rising Altcoins cause people speculate on stronger Altcoin adaption.

Just simple logic. No conspiracy-retardness needed.

The fact that a couple a troll traders have already jumped in to dispute me proves I'm right.

No. Being right would prove you're right.

Good luck.

[gembitz]

tl:dr ~ there is no fork only more shitcoins!     +1

[Master mind]

So anyone care to explain why this whole BU fork FUD just happens to come up immediately after the ETF disapproval?  Hmmm?

You guys are getting played.  The pumpers ALWAYS come up with a reason to DUMP following an ATH.  If they can't exploit a hole, hack an exchange, or DDoS the shit out of one, they'll find another way.

The new way is pretty simple: social engineering based on emotion.  Make something trivial about Bitcoin into a big deal, create troll/shill accounts to divide the community, push $$$ towards alts and tout them as 'Bitcoin 2.0', and get everyone whipped up in a frenzy.  And short-dump on the way down.

Apparently, 90% of the time it's gonna work every time. Because bitcoiners are a bunch of overgrown whiny babies that can be easily manipulated.

[gembitz]

WHO MADE THIS FAKE NEWS OF FORK??? LMFAO 

[gentlemand]

O so much doom.

The real professionals always knew the ETF was never going to happen and they knew perfectly well that they could prey on that once the expectations ran out. Chuck in some forking fun and hey presto thousands of 'traders' will thrust their coins into your hands at an agreeable price.

Me, I'm off to the Isles of Scilly for a few weeks with a tent filled with luxuries to see what the real world is like. You're all invited but bear in mind that I snore like an elephant seal's death rattle.

[gembitz]

O so much doom.

The real professionals always knew the ETF was never going to happen and they knew perfectly well that they could prey on that once the expectations ran out. Chuck in some forking fun and hey presto thousands of 'traders' will thrust their coins into your hands at an agreeable price.

Me, I'm off to the Isles of Scilly for a few weeks with a tent filled with luxuries to see what the real world is like. You're all invited but bear in mind that I snore like an elephant seal's death rattle.

~the funny part is the spin doctors don't even get the joke!!! :-D bwaahahaha

[BlindMayorBitcorn]

O so much doom.

The real professionals always knew the ETF was never going to happen and they knew perfectly well that they could prey on that once the expectations ran out. Chuck in some forking fun and hey presto thousands of 'traders' will thrust their coins into your hands at an agreeable price.

Me, I'm off to the Isles of Scilly for a few weeks with a tent filled with luxuries to see what the real world is like. You're all invited but bear in mind that I snore like an elephant seal's death rattle.

I'm prepared to accept I'm wrong.

And I'm on my way. What can I bring?

[gentlemand]

I'm prepared to accept I'm wrong.

And I'm on my way. What can I bring?

Sausages and the skill to make them tasty. I'm really shit at cooking them so they have no place in my day to day life.

[600watt]

what is the sum of all btc sold in the last 24h? what percentage of those coins would need to be controlled by an attacker to initiate and continue a panic sell-off like the one that we are seeing?

btw, calling the bottom 

[gembitz]

_V_#vice channel #bitcoin show #1st season when? :-D

[Holliday]

Sausages and the skill to make them tasty. I'm really shit at cooking them so they have no place in my day to day life.

[Killerpotleaf]

so target 1150 or so?

[gentlemand]

I can't stand mustard so you'll be relegated to the guest tent, or rather wing. It's wonderful too.

what is the sum of all btc sold in the last 24h? what percentage of those coins would need to be controlled by an attacker to initiate and continue a panic sell-off like the one that we are seeing?

Weren't there full on multi thousand coin sells in one go on Bitstamp? That's not the behaviour of your pal who you got into BTC capitulating.

[Meuh6879]

No more RED (candle) sauce ... ? Hit the floor ?

[uki]

I'm buying. Thank you for the cheap coins.

you may win this time, but this not my risk/reward ratio. There are much more interesting altcoin plays at the moment.

[becoin]

Social engineering got Trump elected, and the fact that it might be working on bitcoin is the problem.

Social engineering done by MSM aimed to help HC but in the end couldn't fight overwhelming facts. This is why DT was elected.