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

[ChartBuddy]

Bitfinex

Explanation

[inca]

Well, no movement in the market so I guess this was expected and the general assumption is that there is no way to easily dump these coins on an exchange, etc...

well there is really, it's simple, send them there and dump.... How the exchange reacts is a different story.

If you had 18k bitcoins you could place orders with fiat low down the order book, send the coins to exchanges and crash them nto the order books making sure to catch your own orders. chances of you getting caught or the exchange reversing the trades are high though

Yeah. And back in reality these coins are in the public eye with a probable criminal investigation ongoing.

You think the thief is going to try and crash the market without anyone noticing? Or just link up their bank account an swan off scot free?

They will probably get away without getting caught. But those coins won't be sold on exchange IMO.

[NotLambchop]

Good morning gentlemen.  Another day of this?



(sorry for recycled gifs, promise to make a new one for $180)

[findftp]

Good morning gentlemen.  Another day of this?



(sorry for recycled gifs, promise to make a new one for BTC0.63)

There, fixed it for you

[NotLambchop]

...
Yeah. And back in reality these coins are in the public eye with a probable criminal investigation ongoing.
...

Thank goodness for nanny state we can run to When Things Go Wrong

[inca]

...
Yeah. And back in reality these coins are in the public eye with a probable criminal investigation ongoing.
...

Thank goodness for nanny state we can run to When Things Go Wrong

Since when is maintaining the rule of law advocating a nanny state?

[NotLambchop]

...
Yeah. And back in reality these coins are in the public eye with a probable criminal investigation ongoing.
...

Thank goodness for nanny state we can run to When Things Go Wrong

Since when is maintaining the rule of law advocating a nanny state?

Wait, so were you just gonna downvote teh hax0rs on Reddit or something?   Or?

[phoenix1]

4181 left - https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf

are they preparing a big dump of re fueling their hot wallets?

99% sure it'll be a dump.
Won't change my positions though

Can't see that myself
On a scale of 1 to stupid that would pretty much on a par with breaking into a house to rob it, getting drunk on their booze and falling asleep in the armchair ...

He is highly unlikely to be able to cash out any fiat from any exchange he sends those coins too and they are being watched by hawks. Any exchange that touches them will be pressured to hand them and him over. Hell, why wouldn't they. Exchanges need to stick together on this. Can happen to any of them.

One thing he could possibly do is 'wash' them by selling to himself on a different account as suggested, but think there is too much heat on ATM for this to be possible too, with all the addresses being watched. Regardless, doing it by dumping in would be like shining a torch on himself as he did it. Slow drip feed on multiple exchanges, selling to himself, withdrawing 'clean' BTC, possible, perhaps. Still very risky. Anything else, handcuffs. In my humble opinion.

First thing he's gotta do is get the bounty-hunters off his tail ... that will require a lot of continual coin movement.

Of course, all of this is dependent upon our speculations about the actual hack being correct. Layer upon layer of speculation. I think there's gonna be a run on tin-foil hats soon  

[grappa_barricata]

Another solution: transfer the bitcoin to a betting site (eg: anonibet), then withdraw them, all very gradually of course.
In this way you can 'mix' them, because deposit address is just used internally to discern users,
and when you withdraw you get coins from other deposit addresses and from other addresses of the service.

I doubt a betting site gives a fuck about the source of deposits.

[NotLambchop]

...
He is highly unlikely to be able to cash out any fiat from any exchange he sends those coins too and they are being watched by hawks...

Someone told me them bit coins are whatchamacall fungible, but you say it ain't so?

[noobtrader]

Another solution: transfer the bitcoin to a betting site (eg: anonibet), then withdraw them, all very gradually of course.
In this way you can 'mix' them, because deposit address is just used internally to discern users,
and when you withdraw you get coins from other deposit addresses and from other addresses of the service.

I doubt a betting site gives a fuck about the source of deposits.

why on earth you give them solution...

[elasticband]

...
He is highly unlikely to be able to cash out any fiat from any exchange he sends those coins too and they are being watched by hawks...

Someone told me them bit coins are whatchamacall fungible, but you say it ain't so?

yes until tainted, I don't want to buy any hacked BTC.

[elasticband]

Final Balance   0.00870857

[Wandererfromthenorth]

"How's BTC doing mate? have you dumped all our coins yet?"
"Nah, still 100-200k coins left, we'll pump for a few other $50 bulltraps while we unload and in a few months we'll be out completely"
"Sweet. Perma-bull bitcoiners still fall for these bulltraps tho? Do they still work?"
"Apparently, yes. We made a good job with the 2011 and 2013 shakeouts. So good that the cultists now think BTC will always recover from crashes and go up forever. Lmao"
"haha I know right?"

[elasticband]

coins are on the move out of 2nd address

https://blockchain.info/address/1Gdcsz1tGEzq64aeMPvgAsqftuAt3NyTyc

[findftp]

Another solution: transfer the bitcoin to a betting site (eg: anonibet), then withdraw them, all very gradually of course.
In this way you can 'mix' them, because deposit address is just used internally to discern users,
and when you withdraw you get coins from other deposit addresses and from other addresses of the service.

I doubt a betting site gives a fuck about the source of deposits.

why on earth you give them solution...

If you're smart enough to rob them, you're probably also smart enough to figure this out yourself.

[jaberwock]

At least it will show that money laundering with BTC is no as easy as some people might think or want other people think

[findftp]

I would say the dumping can start any minute now.
Do you agree Tzupi? (because yesterday I thought this as well and was proven wrong by you )

[Dotto]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

[ChartBuddy]

Bitfinex

Explanation