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

[Voodah]

He's always ready for a slide.  In fact, time for ignore I think.  There's nothing useful out of him, just downramping.

That's a bit harsh.

I just wish he would've stayed in character.

Jaroslaw was the perma-bear, and Walsoraj was supposed to be his perma-bull nemesis.

Whatever happened to the other account? Did you lose it?

[1714261750]

1714261750

[1714261750]

1714261750

[seleme]

If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.

What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...

He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.

[adamstgBit]

1d chart at Moody looking much like the infamous bubble pic. We on the second, lessor hump. I'm ready for a slide.  

I have psychologically prepared myself for 30,000$ bitcoins, you should do the same.

fuck 3K, 3K is BS, 30K here we come!  

[Voodah]

If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.

What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...

He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.

Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.

His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..

EDIT: btw 4k are already missing and shitload of LTC and NMC got bought today, prolly just a coincidence though  .

[seleme]

If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.

What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...

He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.

Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.

His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..

There's no chance he'd sell them for fiat anytime soon. He'd be busted in no time. That's why I am saying he would do it with alts, he won't be able to hide it with bitcoins only, specially not on the way he is doing it at the moment. He needs to mix the heck out of them with alts and save 20% of them, it will still make him rich and he'll be able to sell them off the exchanges more easily.

[cfrm]

Wow. Bitcoinity.org switched to mBTC as default!

[Walsoraj]

If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.

What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...

He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.

Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.

His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..

EDIT: btw 4k are already missing and shitload of LTC and NMC got bought today, prolly just a coincidence though  .

On which exchange? I've got a theory about the sheep theft and recent shutdown notice of mcxNOW.

[adamstgBit]

Wow. Bitcoinity.org switched to mBTC as default!

bullish as fuck!!!!!!!!!!!!!

 

[rocks]

Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.

His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..

There's no chance he'd sell them for fiat anytime soon. He'd be busted in no time. That's why I am saying he would do it with alts, he won't be able to hide it with bitcoins only, specially not on the way he is doing it at the moment. He needs to mix the heck out of them with alts and save 20% of them, it will still make him rich and he'll be able to sell them off the exchanges more easily.

There is no reason for him to even bother moving them at all for awhile. Since the coins/address is known, he can just lie low and not touch the address for years until something comes along that allows for complete history removal (such as zerocoin).

I personally think this is a fasinating situation. Bitcoin only provides pseudo anomyity, and there is a public ledger stored forever for people to analyze. Whenever he does finally try to access the coins there will research papers written on how to trace and track them, either through the ledger, IP tracking, etc. It will be fasinating to see if he is able to find a free and clear exit somehow, or if the coins become stuck. If they become stuck then it proves bitcoin is not anonymous. At the same time it shows how secure Bitcoin is, here is an address that is known to contain $100M in stolen funds, yet no one even governments can touch it.

[Frequency]

Wow. Bitcoinity.org switched to mBTC as default!

That looks cool, here we go....!!! 

[Voodah]

On which exchange? I've got a theory about the sheep theft and recent shutdown notice of mcxNOW.

BTC-e of course.

[ChartBuddy]

[TheKoziTwo]

Wow. Bitcoinity.org switched to mBTC as default!

bullish as fuck!!!!!!!!!!!!!

 

You know what this means guys? Now the price can go all the way from $1 to $1000 one more time. 

[MickeyT2008]

Wow. Bitcoinity.org switched to mBTC as default!

RPietila will like that, he's so bullish that he's been using mBTC all along

Edit:  How do you make these images smaller when you repost them?

Edit:  Got it!

[Voodah]

Wow. Bitcoinity.org switched to mBTC as default!

bullish as fuck!!!!!!!!!!!!!

 

I switched to BitcoinWisdom a couple months back. Last week I was requesting this same thing, and the owner over there simply said:

"The unit has to be the same as in the exchange" (paraphrasing, can't find the actual post)

It struck me then, he is 100% right. Having BTC at one place and mBTC at others is kind of (super) messy, and prone to provoke mistakes.

We need the exchanges to adopt this change, or we need a Bitcoinity and everyone else to have just a little bit more patience, won't be long now.

I agree 100% though, this is uber bull for marketing and spreading Bitcoin, we need it ASAP.

I just wished the community could pull it off in a more coordinated consensual fashion.

[dwdoc]

Wow. Bitcoinity.org switched to mBTC as default!

bullish as fuck!!!!!!!!!!!!!

 

You know what this means guys? Now the price can go all the way from $1 to $1000 one more time. 

Or become a penny stock.

[beetcoin]

wow, it's happened.. didn't think it would happen so fast. i was kind of hoping for BTC to run past gold before someone made the switch.. then it would becomes very newsworthy.

[I_bitcoin]

Wow. Bitcoinity.org switched to mBTC as default!

bullish as fuck!!!!!!!!!!!!!

 

<Obligatory murmur from the crowd>

[Dabs]

Wait until the devs lower the transaction fee to less than 0.0001.

[Spaceman_Spiff]

Edit:  How do you make these images smaller when you repost them?

Try quoting my post and check it out.

Good thing bitcoinity dev is doing something, because the price action is boring...