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Question: What happens first:
New ATH - 39 (70.9%)
<$60,000 - 16 (29.1%)
Total Voters: 55

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26353467 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Rosewater Foundation
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February 03, 2018, 02:13:06 AM

So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!

it's not over until rosewater and I are passed out in a pool of broken glass, tears, and our own vomit

does that happen often?



Naw, we cool.
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PoolMinor
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February 03, 2018, 02:17:49 AM
Last edit: February 03, 2018, 03:04:31 AM by PoolMinor
Merited by yefi (1)

https://modernconsensus.com/2018/02/02/circle-set-acquire-poloniex/
By Ken Kurson, February 2, 2018
Ken Kurson, founder of Modern Consensus, is on the board of directors of Ripple.

Apparently the above is false information.
https://twitter.com/AriDavidPaul/status/959598411954651136
jojo69
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February 03, 2018, 02:24:34 AM

Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could  persuade Omni to do a hard fork to change those dates and times too.


The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about.



the timing is actually important...they need to back before creating
Searing
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February 03, 2018, 02:28:47 AM

Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could  persuade Omni to do a hard fork to change those dates and times too.


The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about.



the timing is actually important...they need to back before creating

yeah, what I was thinking is IF they are selling BTC to pay for Tether to cook the books...I"m not even sure if that is 'illegal' as long as you make up the difference on your claim that you

back btc with usd to backstop the tether ..better late than never ..as such...

thus..this dump could make a lot of sense if tether folk are playing 'catch up' at our expense with the price dump Sad

(that sounds too simple to be correct...just tossing it out there)

bones261
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February 03, 2018, 02:35:57 AM

Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could  persuade Omni to do a hard fork to change those dates and times too.


The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about.



the timing is actually important...they need to back before creating

Perhaps they can explain to the auditors that depositing dollars with Bitfinex/Tether.io is equivalent to depositing it into a black hole. After it passes through the event horizon, time becomes totally irrelevant. Grin
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February 03, 2018, 02:39:06 AM
Merited by bones261 (2)

I think if we were given a complete rundown of what Bitfinex have been up to behind the scenes over the years we would put our knickers on our heads and run screaming into the sea. I have no doubt they are 100% amoral.
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February 03, 2018, 02:44:06 AM

the timing is actually important...they need to back before creating



Can you deposit and withdraw fiat in Bitfinex? I thought you had to buy tether first, because they had bank problems... I dont use that exchange.

If the institution that control tether dont have all the money they supposedly have, and have been accumulating bitcoin over time, they might be dumping it in other exchanges for real dollar, to back the tether. Maybe this is causing the price to go down, as they need to sell quick. And they can fake those books, if the time is required.

But this is just conjecture, we will never know the extent of it. One thing we know is this tether business is very fishy. If they have been pumping the price artificially all this time, they might be dumping it, and if this is true, it can create a signal for shortings in the future... every time some regulator talks about auditing Bitfinex, we will have a bear signal. This, of course, if everything ends well for all sides. Because in most cases, it dont.
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February 03, 2018, 02:58:40 AM

I think if we were given a complete rundown of what Bitfinex have been up to behind the scenes over the years we would put our knickers on our heads and run screaming into the sea. I have no doubt they are 100% amoral.
They literally stole from their customers.
HairyMaclairy
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February 03, 2018, 03:00:14 AM

I think if we were given a complete rundown of what Bitfinex have been up to behind the scenes over the years we would put our knickers on our heads and run screaming into the sea. I have no doubt they are 100% amoral.

I did that yesterday but it didn’t have anything to do with bitcoin. 
josephpogi
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February 03, 2018, 03:40:18 AM

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

What do you think guys?
degxtra1
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February 03, 2018, 03:41:50 AM



I hope they print 10x more, just to watch r0ach post a dozen of walltexts about ponzi schemes, silver, jews, women, etc.

let roach have this few breaths before next pump, honestly, he deserves this.
Can you imagine this forum without him?  Grin

btw - what happened to lambchop or so, i don't remember his nickname? he was  productive like rr too.
gentlemand
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February 03, 2018, 03:43:30 AM
Merited by josephpogi (1)

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

What do you think guys?

I think this is good because it's higher than the present price.
rafanadal
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February 03, 2018, 03:44:13 AM

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

What do you think guys?

why would a slow as shit fake currency that doesn't even work as a currency be worth that much ?
people need to use their brain.
HairyMaclairy
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February 03, 2018, 03:47:25 AM

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

What do you think guys?

It’s only 2.5x ATH. You would think LN being fully operational would be a precondition.   
Rosewater Foundation
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February 03, 2018, 03:51:50 AM

I ran a neuner yesterday. But it didn’t have anything to do with bitcoin.

infofront (OP)
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February 03, 2018, 04:09:37 AM
Merited by Wekkel (1), kurious (1), El duderino_ (1), PoolMinor (1)

Everyone needs to relax. Business as usual.
bitcoin_is_here_to_stay_2
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February 03, 2018, 04:23:18 AM

Wouldn't a decent auditor pay attention to dates and times? Or do they now have a bank that's willing to fix the books? I suppose they could  persuade Omni to do a hard fork to change those dates and times too.


The point in case is that every single tether should be backed by a dollar bill. I think this is what the regulators care most about.



the timing is actually important...they need to back before creating

yeah, what I was thinking is IF they are selling BTC to pay for Tether to cook the books...I"m not even sure if that is 'illegal' as long as you make up the difference on your claim that you

back btc with usd to backstop the tether ..better late than never ..as such...

thus..this dump could make a lot of sense if tether folk are playing 'catch up' at our expense with the price dump Sad

(that sounds too simple to be correct...just tossing it out there)



I'm not a fun of Finex, but I think there is nothing wrong with tethers currently for the simple reason: arbitrage. If people would have substantial difficulties with withdrawing fiat from Finex, they price will reflect it. Like late Mt. Gox, when BTC price run up as the only way to withdraw funds. Or BTCe, where prices where always lower, since that exchange was mainly used for cashing BTC, not buying.
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February 03, 2018, 05:09:45 AM

Seems we are still not out of this yet. Was hoping that when I looked at the price next it would be over 9000. At least it was for a bit I guess.
jojo69
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February 03, 2018, 05:13:04 AM

Doug Polk

Top 5 Tips For Handling A Bitcoin Crash
JayJuanGee
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February 03, 2018, 05:17:16 AM
Merited by josephpogi (1)

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

What do you think guys?

I think this is good because it's higher than the present price.


Actually, I agree with you gentlemand regarding the fact that any BTC price prediction that argues for prices being higher than the current price is a decent enough prediction that would allow us longer term HODLers to at least maintain the status quo of our prior gains - and perhaps add a little extra value, if the amounts account for cost of living, and even better accounts for any withdrawals that any of us might want to make through the calendar year. 

In the end, HODLers like many of us should not become desperate for a BTC price rise, merely because we have "suffered"(if that's the right word) a 61% price correction that seems to now be hovering in the 57% retracement territory (around $8,500).  Even peeps who bought high, should not necessarily expect to be able to cash out in one to two years or even longer, because none of us should be investing more than we can afford to lose - even though there have likely been a lot unrealistic get rich quick expectations in the space that caused folks to buy into BTC while it was above $12k.

Regarding CNBC as a news source regarding Bitcoin, the article points out that they have shown themselves to not really know what the fuck they are talking about, and perhaps even engaging in a certain level of negligence in some of their recent shenanigans to 1) outline specific guidelines to help peeps to buy Ripple (while Ripple was nearing its price peak) and 2) to represent Bcash as a seemingly better value that bitcoin by showing some artificially inflated and misleading bcash/bitcoin performance comparisons while having stupid-ass Roger Ver on their show as a supposed expert on the bcash/bitcoin topic.

So yeah, difficult to tell if CNBC is continuing to engage in some kind of misleading ploy to be asserting that bitcoin is going to more than 5.5x from its current price.  Gotta take those mainstream media fucks with a large grain of salt.
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