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

[kenji]

do you guys think, now a good time to short?

[Sitarow]

do you guys think, now a good time to short?

DO not trade with leverage.

4:56AM EST

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5:03AM EST


Notice the BTC/LTC rise while BTC/USD drops and LTC/USD stays?



5:19AM EST

[ChartBuddy]

Coin
Explanation

[BayAreaCoins]

Sorry to be thick here.... but.. so what?

  I am trying to understand what is it exactly that you are accusing them of, and how did they fool you into buying Bitcoins you otherwise did not want ?  And  into losing 200k and how did you lose the 200k ?

You can read it in the court papers if you don't understand it yet.

I'm not the best person there is to type it out apparently.

[Elwar]

Hahaha! I sill don't understand what you are trying to do here, Bay.

I just want people to know who used Coinbase on Sunday that they got fucked.

The fucked ness doesn't end there either.  It effects all Bitcoiners.

Bitcoin holders are so blinded by the fact they want their Bitcoin stash to go up that are going to miss that they just got fucked by a major USA Bitcoin Company if no one voices up.

Getting scammed often comes with butthurt, but I could give a fuck less about $220,000 frankly over not getting flim flammed for even $1.

It's still business as usual other wise via selling silver and such for BTC on my end.  Honey Badgers don't give no fucks about suits!

I think he is hoping that with enough yelling he can create some sort of buzz and somehow sue CoinBase for his bad investment then hopefully get a settlement.

Completely ignoring the whole "buy on rumor, sell on news" aspect of trading. It is usually the case to sell on the news because it is not as exciting as the rumors make it out to be (in this case, though CoinBase is licensed and regulated as the rumors presented, it is only regulated in 23 states).

[BayAreaCoins]

Hahaha! I sill don't understand what you are trying to do here, Bay.

I just want people to know who used Coinbase on Sunday that they got fucked.

The fucked ness doesn't end there either.  It effects all Bitcoiners.

Bitcoin holders are so blinded by the fact they want their Bitcoin stash to go up that are going to miss that they just got fucked by a major USA Bitcoin Company if no one voices up.

Getting scammed often comes with butthurt, but I could give a fuck less about $220,000 frankly over not getting flim flammed for even $1.

It's still business as usual other wise via selling silver and such for BTC on my end.  Honey Badgers don't give no fucks about suits!

I think he is hoping that with enough yelling he can create some sort of buzz and somehow sue CoinBase for his bad investment then hopefully get a settlement.

Completely ignoring the whole "buy on rumor, sell on news" aspect of trading. It is usually the case to sell on the news because it is not as exciting as the rumors make it out to be (in this case, though CoinBase is licensed and regulated as the rumors presented, it is only regulated in 23 states).

They can shove a settlement up their own ass unless that bitch is beautiful.

I want to see them come out from hiding in their secret office and in front of a judge.

[empowering]

Sorry to be thick here.... but.. so what?

  I am trying to understand what is it exactly that you are accusing them of, and how did they fool you into buying Bitcoins you otherwise did not want ?  And  into losing 200k and how did you lose the 200k ?

You can read it in the court papers if you don't understand it yet.

I'm not the best person there is to type it out apparently.

I am more confused now. I am asking you, as someone who is stating they got scammed ,  how exactly you got scammed ,and how you lost 200k, it should be relatively easy to explain ?

I really am just trying to understand what your point of view is? Is it that off the back of them saying they are the first us regulated exchange , you thought this was bullish for the price? Is it because you feel the lunar launch animation suggested the price was going to the moon? How did they make you buy bitcoins you otherwise would not have? And how did you lose 200k? Did you buy at the top of the price spike, and then sell low? Or what?

[BayAreaCoins]

I really am just trying to understand what your point of view is? Is it that off the back of them saying they are the first us regulated exchange , you thought this was bullish for the price? Is it because you feel the lunar launch animation suggested the price was going to the moon? HoHow did they make you buy bitcoins you otherwise would not have? And how did you lose 200k? Did you buy at the top of the price spike, and then sell low? Or what?

First off don't worry about my money or point of view because I don't mean shit.  Just focus on the bigger picture of Bitcoin.

They rick rolled Bitcoin as a whole by lying to the media about news that was a flat out lie.  The state of California even stepped in Tuesday.  No telling how many sales they generated through creating this buzz and then not even buying customers BTC until after the market takes a huge plunge.

It just smells to high hell.

Do your own research I guess.

Edit:

On the plus side I guess I don't have to worry about taxes this year atm   

[luckygenough56]

i need to do a paper on the purest form of denial. I hope u don't mind i get my inspiration from this thread.

[soullyG]

I really am just trying to understand what your point of view is? Is it that off the back of them saying they are the first us regulated exchange , you thought this was bullish for the price? Is it because you feel the lunar launch animation suggested the price was going to the moon? HoHow did they make you buy bitcoins you otherwise would not have? And how did you lose 200k? Did you buy at the top of the price spike, and then sell low? Or what?

First off don't worry about my money or point of view because I don't mean shit.  Just focus on the bigger picture of Bitcoin.

They rick rolled Bitcoin as a whole by lying to the media about news that was a flat out lie.  The state of California even stepped in Tuesday.  No telling how many sales they generated through creating this buzz and then not even buying customers BTC until after the market takes a huge plunge.

It just smells to high hell.

Do your own research I guess.

Edit:

On the plus side I guess I don't have to worry about taxes this year atm   

You still haven't answered his questions.. what exactly did Coinbase lie about? "To the moon"?

[empowering]

I really am just trying to understand what your point of view is? Is it that off the back of them saying they are the first us regulated exchange , you thought this was bullish for the price? Is it because you feel the lunar launch animation suggested the price was going to the moon? HoHow did they make you buy bitcoins you otherwise would not have? And how did you lose 200k? Did you buy at the top of the price spike, and then sell low? Or what?

First off don't worry about my money or point of view because I don't mean shit.  Just focus on the bigger picture of Bitcoin.

They rick rolled Bitcoin as a whole by lying to the media about news that was a flat out lie.  The state of California even stepped in Tuesday.  No telling how many sales they generated through creating this buzz and then not even buying customers BTC until after the market takes a huge plunge.

It just smells to high hell.

Do your own research I guess.

I already have as much information as the next guy to draw research on.  I was asking you specifically what you feel happened and how they scammed you , but it seems that you cannot answer the question for some reason

I saw that cali regulators stepped in to say lunar/ Coinbase is not regulated in cali,  but did Coinbase themselves say they were? Or did they actually say they are "operating in cali" ??  And even if they did say regulated, then why did that cause you to buy a shit ton of btc? And then how did you make an actual loss, what is the mechanism you made the loss by? Is it an actual loss ??  A loss on potential profit, an unrealized (as of yet loss) That is what i was trying to understand from you.

Anyway, I wish you luck in your future trading

[Sitarow]

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5:55AM EST

[BayAreaCoins]

You still haven't answered his questions.. what exactly did Coinbase lie about? "To the moon"?

http://mashable.com/2015/01/26/coinbase-bitcoin-exchange/  <- Only note title at the top of the page.

http://www.sfgate.com/business/article/Bitcoin-exchange-claims-it-is-regulated-but-6043584.php

http://dealbook.nytimes.com/2015/01/28/coinbase-a-bitcoin-exchange-is-operating-without-licenses-so-far/?_r=0

Who gives a shit about a moon... Launch (or landing) as Charlies Facebook picture says and shows them all working on computers.

I'd say it was a rough landing at best...  



The could have attempted to correct the news, but why do that when you are raking in that much money... Fucking redic.

[YourMother]

You still haven't answered his questions.. what exactly did Coinbase lie about? "To the moon"?

http://mashable.com/2015/01/26/coinbase-bitcoin-exchange/  <- Only note title at the top of the page.

http://www.sfgate.com/business/article/Bitcoin-exchange-claims-it-is-regulated-but-6043584.php

http://dealbook.nytimes.com/2015/01/28/coinbase-a-bitcoin-exchange-is-operating-without-licenses-so-far/?_r=0

I can understand the fact that you are trying to spread awareness, but it also looks like you don't want to admit that this "Lunar Coinbase" was the shittiest trade you have ever made in your life. I wonder if we would have seen the same frustration if you were on the profit side and Coinbase situation was still the same.

[BayAreaCoins]

... shittiest trade you have ever made in your life.

It was and it was a trade based on a lie.

I thought that spoke for itself 

[empowering]

You still haven't answered his questions.. what exactly did Coinbase lie about? "To the moon"?

http://mashable.com/2015/01/26/coinbase-bitcoin-exchange/  <- Only note title at the top of the page.

http://www.sfgate.com/business/article/Bitcoin-exchange-claims-it-is-regulated-but-6043584.php

http://dealbook.nytimes.com/2015/01/28/coinbase-a-bitcoin-exchange-is-operating-without-licenses-so-far/?_r=0

Sorry to be thick here.. But so what?

You are not explaining this very well ??

Also they are media articles, where did COINBASE lie? And how did COINBASE make you buy a  shit ton of coins ??  And how did COINBASE make you lose 200k?

Question , DID COINBASE THEMSELVES STATE UNEQUIVOCALLY THAT THEY ARE REGULATED IN NY AND CALIFORNIA ??  Or did they actually say something else?

[BayAreaCoins]

Sorry to be thick here.. But so what?

Donny you're out of your element.

[findftp]

Of course it's cool, that's what it's all about, freedom of speech.
If you don't like it, there is a feature called 'ignore button', use it.


I rather have an indicator of how many people are on somebodys ignore list.
Then I know who not to give too much attention to...

I get what you are saying, all up for freedom of speech.. But trolling is not communication imo.. It is something else.

Yes, but who decides what is trolling? It is a personal choice imho.
Let me make my own choice, you can do yours.

So, in short, the ignore button is enough.

[kenji]

i think this was just a bulltrap
down we go again

[Shak]

well, we got heavy movement across all exchanges, a severe rejection on high volume, interesting chart patterns and what is going on here?... just... wow... time to finally discard this thread