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

[cAPSLOCK]

So the Weiss grades come out today...

Anyone else kinda bracing for impact?  I have a feeling buying ripple right now could be a good bet. It will get a B which will be the highest grade.(I just threw up in my mouth a little) 

And I predict a D or C at best for bitcoin.

I will be pleasantly surprised if I am wrong.

[HairyMaclairy]

I have met people at conferences that are running the crypto projects inside banks. They think Ripple is a turd.

If Ripple gets highly rated, then we know the ratings are a sham. If banks are using anything it’s R3 / Corda. Even that seems to be falling out of favour.  I guess Mike Hearn isn’t setting the world on fire after all.

https://www.reuters.com/article/us-jpmorgan-r3/jpmorgan-chase-co-leaves-blockchain-consortium-r3-idUSKBN17T2T4

[arklan]

...god dammit... 2 months mining at slush only to not notice my payout address had been changed. https://blockchain.info/address/19o83nfBL3GTWzqXe4hXpggsHJjfhFEZsB that 0.00090136 was mine dang it!

remember everyone, turn on 2 factor authentication whenever possible and have secure passwords!

[realr0ach]

So guys, serious question, if cryptocurrency is not a govt backed scam (banks own the majority of the ETH IPO, and entities like In-Q-Tel own tons of BTC bought for $1 each), why are paid govt shills telling people to dump metals and buy the DOW + cryptocurrency?

The r0ach report 36: Paid govt shills spotted telling people to dump metals and buy DOW + cryptocurrency

http://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-36-paid-govt-shills-spotted-telling-people-to-dump-metals-and-buy-dow-cryptocurrency

They have teams of people posting this stuff on multiple metals sites at the same time. Ever since it was clear that the bottom was in for metals, these "people" immediately descended upon the metals sites like locusts out of nowhere a couple months ago.

When the bottom for bitcoin was in at the $200 range, these same paid shills were all over bitcointalk.org posting the exact same stuff.

Whether they're paid by the govt or banks is semantics. The banks are the govt so it's all the same difference to me. But it's pretty damn clear, these people want you to buy their overpriced DOW and cryptocurrency and sell them your metals that are at the floor cost of production.

So without further commentary, judge for yourself:

[HairyMaclairy]

Who rates the ratings agencies?

Sorry guys Weiss is a shitbox.

On June 22, 2006, the Commission instituted settled administrative proceedings against Weiss Research, Inc., Martin Weiss, and Lawrence Edelson (collectively, “Respondents”) for violations of the Investment Advisers Act of 1940 in connection with their operation of an unregistered investment adviser and the production and distribution of materially false and misleading marketing materials.

https://money.stackexchange.com/questions/14570/is-weiss-research-inc-a-legitimate-financial-research-company

[jojo69]

...god dammit... 2 months mining at slush only to not notice my payout address had been changed. https://blockchain.info/address/19o83nfBL3GTWzqXe4hXpggsHJjfhFEZsB that 0.00090136 was mine dang it!

remember everyone, turn on 2 factor authentication whenever possible and have secure passwords!

How do you think they did it?

[windjc]

Who rates the ratings agencies?

On June 22, 2006, the Commission instituted settled administrative proceedings against Weiss Research, Inc., Martin Weiss, and Lawrence Edelson (collectively, “Respondents”) for violations of the Investment Advisers Act of 1940 in connection with their operation of an unregistered investment adviser and the production and distribution of materially false and misleading marketing materials.

https://money.stackexchange.com/questions/14570/is-weiss-research-inc-a-legitimate-financial-research-company

The fact that they purport of be able to rate blockchains is utterly ridiculous. What do they know about blockchains??

[HairyMaclairy]

Too much dumb money in crypto. Ratings will move market. Insider trading on ratings will make lots of money. More whale games.  

Edit:   There will be a pre-pump.  What’s pumping now? XRP? Stellar? 

Is it normal for all of Stelllars volume to be on Upbit?  That looks fishy. 

[jojo69]

14:00 UT  so 06:00 Pacific, 07 for Bob, 09 for Jimbo

[realr0ach]

Too much dumb money in crypto.

How could people investing in imaginary assets that don't even exist be "dumb money"

[El duderino_]

Damn man, this Doug Polk guy is legit.

Yeah thinking same way about Him ....

[HairyMaclairy]

14:00 UT  so 06:00 Pacific, 07 for Bob, 09 for Jimbo

Thanks.  Are they free / public at that time?

[conspirosphere.tk]

Something is going on... Bullish signal ?

https://dedi.jochen-hoenicke.de/queue/#2h

The spammer bitches gave up.

[realr0ach]

This is how you can tell cryptocucks are getting fleeced soon:

[conspirosphere.tk]

Either way there is rampant price manipulation.  There is a thread around here somewhere where the OP tells everyone in advance that the market is going to crash on  monday 15th.  Im sure his accuracy was just random hmm.

https://www.reddit.com/r/Bitcoin/comments/7pxg0d/2018_crypto_black_monday/

My theory is slightly different: wall street started loading up on btc once futures were a sure fact, and kept pumping until it established an upward avalanche-momentum when even moms and pops started panic-buying btc above 10K. While the noobs were buying above 10-15K the sharks loaded up on shorts (btc futures are still mostly short), and then, when their target was hit at 20K they pulled the trigger unloading their "physical" btc making out like bandits both because they sold at the top their btc and even more from their futures short bets placed at the top. A perfect controlled demolition, which they will repeat until it works imho, that's why they will let the price pump again after the next futures expiration.

[HairyMaclairy]

Something is going on... Bullish signal ?

https://dedi.jochen-hoenicke.de/queue/#2h

The spammer bitches gave up.

 I believe there’s a correlation between price movement and mem pool activity. In this cause the most recent final spike seems to follow the falling price which was looking rather ugly at that time.   The mem pool falls as price stagnates.  

Here we can compare 7 day google trends for bitcoin against mem pool activity. 


imagehost ru

The problem is I don’t think this information tells us anything we don’t already know. Unless we read something rather concerning into the mem pool being empty.

[HairyMaclairy]

Either way there is rampant price manipulation.  There is a thread around here somewhere where the OP tells everyone in advance that the market is going to crash on  monday 15th.  Im sure his accuracy was just random hmm.

https://www.reddit.com/r/Bitcoin/comments/7pxg0d/2018_crypto_black_monday/

My theory is slightly different: wall street started loading up on btc once futures were a sure fact, and kept pumping until it established an upward avalanche-momentum when even moms and pops started panic-buying btc above 10K. While the noobs were buying above 10-15K the sharks loaded up on shorts (btc futures are still mostly short), and then, when their target was hit at 20K they pulled the trigger unloading their "physical" btc making out like bandits both because they sold at the top their btc and even more from their futures short bets placed at the top. A perfect controlled demolition, which they will repeat until it works imho, that's why they will let the price pump again after the next futures expiration.

Someone has to take the other side of the short.  How can they be “mostly” short?

[TERA2]

except there is no volume on the futures exchanges

[conspirosphere.tk]

The problem is I don’t think this information tells us anything we don’t already know. Unless we read something rather concerning into the mem pool being empty.

You must be a BCHcoiner. Btc price falls 50% and mempool shrinks of a couple of order of magnitudes, and the explanation for you would be that btc is so less useful/interesting for speculation, trading, and anything else at current price? The spammers gave up, and you can too.

[conspirosphere.tk]

Someone has to take the other side of the short.  How can they be “mostly” short?

The dumb money, as always.


https://www.zerohedge.com/news/2018-01-21/bitcoin-futures-traders-add-shorts-short-squeeze-imminent