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

[realr0ach]

The fact that bitcoin is sound money trumps everything; adoption, payment networks, umwelts, all these buzzwords newcomers bandy.
This shit is real money and it will absorb all the capital there is, with or without us.

You conmen that keep spamming these lies to try and profit on pump and dumps are the scum of humanity.  It's NOT POSSIBLE to create a decentralized digital currency.  The transaction validators are ALWAYS designed to centralize. That's called a permissioned ledger you fucking frauds.  If the tokens were fungible, meaning transactions were blinded, you MIGHT be able to argue the centralized gatekeepers have to allow all transactions through or the system would grind to a halt, but still, they could also just choose to turn off all transactions and implode the system at will too.  

Regardless, it's still not possible to create a decentralized digital currency and you frauds and dirtbags know it.  I mean, I know I'm smarter than most people who post in this god forsaken thread, but I'm not that smart. Plenty of people like Jbreher and such have the mental fortitude to understand what I'm saying and they KNOW it's true, yet they still lie anyway in order to try and scam people with cryptocurrency pump and dumps.

The only "sound money" that exists is physical silver and gold.

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[pacman7331]

Whale keeps adding to his sell position at 9270, now 9264, now 9259.

Somebody wants Bitcoin to go back into the downtrend.

We should have our regular weekend dump coming... I wonder how the market will absorb that?

[infofront]

I wish he would just dump the entire Gox load at once now. It could be a last opportunity to get sub-$1,000 coins.

[HairyMaclairy]

Has anyone identified what exchange the coins were sold on?  Do we have any actual evidence that the coins were sold on market or is it just speculation ?

[BobLawblaw]

Has anyone identified what exchange the coins were sold on?  Do we have any actual evidence that the coins were sold on market or is it just speculation ?

Kraken. Kraken released a statement about it.

[sirazimuth]

 I browsed like the 1st few pages of this thread just for shits and giggles.
holy crap!! all these heros and legends I've never seen before.
small wonder.
 they are all long since millionaires by now and don't waste their time here anymore... lol

[HairyMaclairy]

It’s just the little people left now. 

[bitserve]

I browsed like the 1st few pages of this thread just for shits and giggles.
holy crap!! all these heros and legends I've never seen before.
small wonder.
 they are all long since millionaires by now and don't waste their time here anymore... lol

... And many of them who sold and the train left without them.

[sirazimuth]

I browsed like the 1st few pages of this thread just for shits and giggles.
holy crap!! all these heros and legends I've never seen before.
small wonder.
 they are all long since millionaires by now and don't waste their time here anymore... lol

... And many of them who sold and the train left without them.

yeah them too   

[Trilogy-AI]

It’s just the little people left now. 

Really?  Seems like plenty of long timers still posting...

[Rosewater Foundation]

Has anyone identified what exchange the coins were sold on?  Do we have any actual evidence that the coins were sold on market or is it just speculation ?

Kraken. Kraken released a statement about it.

So Kraken offered their dark pool services, and Mr. Kobayashi wasn't havin' any of that noise? Market sell that monster. What could have motivated such a decision? Carnage?

[BobLawblaw]

What could have motivated such a decision? Carnage?

I'm guessing Hanlon's razor in a big way. Or possibly Heinlein's Razor if you want to get conspiratorial.

[pacman7331]

Has anyone identified what exchange the coins were sold on?  Do we have any actual evidence that the coins were sold on market or is it just speculation ?

It’s FUD.

I also see people drawing their 20k downtrend lines too high, not even touching the 17k candles therefore they think we are still in the bearish flag, but we are actually just above it again ~9k. So there.   we got the .5 fib on us at 9360 and the 38.1 at 10k or so (if looking at 5800 low 11800 high).

[HI-TEC99]

I browsed like the 1st few pages of this thread just for shits and giggles.
holy crap!! all these heros and legends I've never seen before.
small wonder.
 they are all long since millionaires by now and don't waste their time here anymore... lol

... And many of them who sold and the train left without them.

yeah them too  

I'd be surprised if one in ten of them is rich. Most probably sold too soon.

A legendary called arklan once had a shit load of Bitcoins, but lost them all before the price mooned. He sold ten to his brother for something like $100, and he had to sell some others for various reasons. He was here before this thread began.

doesn't help i sold 10 BTC to my brother back in 2013 at around 100 a pop... argh. i've got less then .04 now...

[Rosewater Foundation]

What could have motivated such a decision? Carnage?

I'm guessing Hanlon's razor in a big way. Or possibly Heinlein's Razor if you want to get conspiratorial.

Must. Sell. Coins. (Crush people.)

[Toxic2040]

-edited-
It's VERY POSSIBLE we hang out to the side for a while BEFORE actually fulfilling the EVENTS shown with WHITE text bubbles. If it did this (which I've seen before) it would be a mixture of Accumulation Schematic #1 and #2.

As I've said in a previous post:   I've found - When comparing Wyckoff Accumulation Schematics to crypto currency pairs AFTER a major consolidation event - the highs of the Automatic Rallies in Phase A are hardly ever near the same level as the highs of automatic rallies in phase B. So, do NOT assume Phase A "highs" on crypto currency charts MUST look the same or similar to that which is seen in a Wyckoff Accumulation Schematic. That schematic is ONLY an example and by no means implies the price action MUST play out EXACTLY as depicted in the Schematic.

+1 WOsMerit

Nice info in your post. I agree with what you are saying for the most part. The data I am looking at agrees. Here is the most recent look.
Resistance is still in the 9.3k range but if that is breached it looks like clear sailing to 9.5k. Volume has decreased as Bulls appear undecided.

not the point

nobody wants fucking fiat ffs

I feel you..I would have done done things differently but whats done is done and I do not believe it was done with ill intent. Everything that I have seen tells me that it might have been a good thing in the long run.

Here's the thing, where I come from it was Blindman's Bluff. We would never have played Buff. It makes no sense in my language unless I'm holding a shine rag to one of V8's personal automobiles, or his shoes.

Or Russian roulette..I agree. I think there were reasons..but will we ever know? Doubt it.

I browsed like the 1st few pages of this thread just for shits and giggles.
holy crap!! all these heros and legends I've never seen before.
small wonder.
 they are all long since millionaires by now and don't waste their time here anymore... lol

This forum has more interesting topics about bitcoin and every other subject really that you can imagine. Its what drew me here in the first place. Digging back through the pages where legends walked is inspiring for me.

It’s just the little people left now. 

Cheer up Hairy..its not all that bad is it?

What could have motivated such a decision? Carnage?

I'm guessing Hanlon's razor in a big way. Or possibly Heinlein's Razor if you want to get conspiratorial.

+1 WOsMerit

[Biodom]

I am curious what would happen if someone would perform the same schtick with randos on the street (most likely nocoiners), but with bitcoin instead of gold. For gold see:

https://www.youtube.com/watch?v=ndshbH3qZ6Yhttp

my prediction: same result (no takers).

[HairyMaclairy]

Does anyone have a link to the Kraken statement that says coins were sold on Kraken?  

I have seen this but this doesn’t say that the coins were sold on Kraken - it suggests Kraken was completely unaware.  



Creditors report shown below.  There is no mention of whether the coins were sold on or off exchange.



I’m not convinced the coins were sold on exchange. The Mt Gox transfers are not linked to any known exchange account afaik.    I am starting to think the coins were sold OTC and this is all a bullshit FUD campaign.

[Toxic2040]

Seems bitcoin wants to party tonight.

[cAPSLOCK]

why did we stop after 2 nukes again?

wat

Smug ass Nipponese legal shenanigans are pissing me right the fuck off.

It's possible the man just didn't realize the carnage he was unleashing.

Yes.  After the fifth sale I image the pattern was just starting to emerge for him.