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Question: Oct. 16 Closing Price:
<$5,000 - 18 (12.9%)
$5000-$5,500 - 7 (5%)
$5,500-$6,000 - 6 (4.3%)
$6,000-$6,500 - 22 (15.7%)
$6,500-$7,000 - 34 (24.3%)
$7,000-$7,500 - 17 (12.1%)
$7,500-$8,000 - 9 (6.4%)
$8,000-$8,500 - 4 (2.9%)
>$8,500 - 23 (16.4%)
Total Voters: 140

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20598160 times)
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BTCMILLIONAIRE
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November 12, 2017, 05:14:40 AM

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own
Only a matter of time until the sandstorm settles.
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November 12, 2017, 05:16:37 AM

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own
Only a matter of time until the sandstorm settles.

Bravo, you get a cookie! Grin
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November 12, 2017, 05:17:36 AM

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own
Only a matter of time until the sandstorm settles.

Bravo, you get a cookie! Grin
Thank you very much, a team of monkeys over at Bitmain worked really hard on mining that one. Cheesy
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November 12, 2017, 05:20:42 AM

Bitcoin over 6k...

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November 12, 2017, 05:21:22 AM

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

Yep, what they are doing is basically kicking themselves out of BTC. Once they have none left the can't manipulate anymore. What's more they can't pump BCH as effectively either, they better hope that there are other users out there that want BCH. Because to keep the price at these levels is going to require a lot of new money each day.

BTC will be stronger after this, because there will be no more Roger Ver and Co around trying to fuck things up. This is probably the end of BTC being played with by amateurs/early adopters like Ver, the professionals will now move in, for better or worse.
Rosewater Foundation
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November 12, 2017, 05:26:08 AM

bitcoin isn't a joke. i swear
WhatsBitcoin
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November 12, 2017, 05:28:12 AM

bitcoin isn't a joke. i swear

SFYL, kid. Cry
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November 12, 2017, 05:32:19 AM

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

Yep, what they are doing is basically kicking themselves out of BTC. Once they have none left the can't manipulate anymore. What's more they can't pump BCH as effectively either, they better hope that there are other users out there that want BCH. Because to keep the price at these levels is going to require a lot of new money each day.

BTC will be stronger after this, because there will be no more Roger Ver and Co around trying to fuck things up. This is probably the end of BTC being played with by amateurs/early adopters like Ver, the professionals will now move in, for better or worse.

There are only 16.5MM BTC out there. Before you attempt to manipulate it, you'll have to gather a good chunk of it. It was easy for early adopters now, it just can't be done without pushing the price into 5 figure territory. And i do agree this is the last bang for Ver, he got to go all in here if he has any chance. Otherwise B2x is canceled and BCH would float into oblivion

Edit: Think of it as much needed distribution. Now if LOADED could RESPONSIBLY dump some of his stash  Grin his wallet scares me, how many island one would need
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November 12, 2017, 05:42:45 AM

My god... i am scammed by BCH  Cry
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November 12, 2017, 05:43:36 AM

Not anymore.

Flash crash as soon as this guy started live streaming.

It is live of the bitcoin carnage.
https://www.youtube.com/watch?v=kvsdi7fta9Y

The dip on that graph looks like the red knife of death.

Straight dowwwwwn! Lips sealed
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November 12, 2017, 05:47:03 AM

Imagine if Satoshi comes out, dump all his Bcash to tell the world BTC is the real coins  Grin
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November 12, 2017, 05:47:33 AM

uh... Bitcoin Cash is not Bitcoin. It had replay protection so it is it's own chain or coin now, but still an alt. It's like CLAMs.. an alt that gave everyone who held BTC, LTC and DOGE some CLAM. So BCH gave everyone who held BTC some BCH.

Bitcoin.com is not Bitcoin.org.

Doesnt matter. Bitcoin Core is Kodak. So deal with it.
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November 12, 2017, 05:48:28 AM

Bitcoin - Steep growth of value over a period of a couple years with many users all over the world. (People - It is a bubble about to pop!)

Bitcoin Cash - Goes from $300 to $2000 in a few days with barely any users at all. (People - Bitcoin Cash is the future!)

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November 12, 2017, 05:50:39 AM

Imagine if Satoshi comes out, dump all his Bcash to tell the world BTC is the real coins  Grin
If only.
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November 12, 2017, 05:50:53 AM

my take on BTC dropping in price and hype vs BCH

results:

1) pump and dump....by bitmain Jihan Wu and others drive BCH up to the moon....rake off the $$$ and go into alts or back to BTC with massive pump/dump profits

2) actual control of BTC and BCH becomes the TRUE Bitcoin...miners win/big blockers win and bitcoin core is no more..back before seg witness a complete re-do run by miners

3) split into 2 flavors of BTC  flavor A: BTC which acts as store of value coin.
                                        flavor B: BCH which acts like a currency

  with the result of diluting the brand name and the above combined will be worth no more than $3,000 total...rest has fled to fiat/alts/gold/other

4) consensus: BCH and BTC will get together for a scaling solution and other stuff of a shared power arrangement

I think the most likely outcome is

3) split into 2 flavors


what (3) means to me is.....some other ALT will become the next store of value and btc will just be another alt

the surity of btc being a solid store of value will go away.. reflected in price on both flavors....such store of value will got to other alts

hard to know..but likley a sketchy bet on such...with everyone trying to say we are a store of value.....doubt it wil be believed

thus that resource for crypto has gone poof, for a bit of time at least, till it regroups into another alt (which will be damn hard to choose)


anyway...not sure you can have more than 60% price rise in coin worth in 2 days...someone is cooking the books in their favor on all this

I think it is a play to take over BTC..I also think the play will fail........but if too much damage some other alt will take over BTC's store for value functions and pehaps

have MORE use as a currency as a side retult

looking kinda dire


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November 12, 2017, 05:54:11 AM

Looks like institutional investors are going to get cheap BTC. Go figure.
 
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November 12, 2017, 05:56:46 AM

Looks like institutional investors are going to get cheap BTC. Go figure.
 

I did nothing with BCH from my BTC...just holding and watching which way the 'mop flops'

imho, value of both chains will be 1/2 of the 7.5k or so BTC was, before this cluster

due to 'brand name' dilution and muddy of the waters of BTC core as the prefered store of value coin

will be a mess imho

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November 12, 2017, 06:00:26 AM

Looks like institutional investors are going to get cheap BTC. Go figure.
 

This is what Ver and Co don't understand. They are going to lose their power, like the amateurs they are. The pros are going to clean up, like usual.

Difficulty adjustment in under 16 hours, good luck to them.
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November 12, 2017, 06:06:10 AM

Satoshi definitely did not intend for anyone to run a centralized attack on his vision of a decentralized financial system.

While I think you are likely correct about this, we seem to see different implementations as the one being thusly corrupted.

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November 12, 2017, 06:06:35 AM

Looks like institutional investors are going to get cheap BTC. Go figure.
 

This is what Ver and Co don't understand. They are going to lose their power, like the amateurs they are. The pros are going to clean up, like usual.

Difficulty adjustment in under 16 hours, good luck to them.

The part that you don't understand that Ver is a very very wealthy man. At this point it's not about money but rather power. He was being squeezed out of BTC so he's been trying to clamp on to power any way he can, and this is his last all or nothing battle. Worst case he still walks away multi millionaire
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