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

[brg444]

so the scam was..
give me money and i will mine bitcoin for you...
ran off with money...
bitcoin never got mined...
-> there will be no dump

Correct that far.  However, an academic (ahem!) in Hong Kong called for tighter regulations on bitcoin.  That by itself does not mean anything, but it is noteworthy that the news arrticle closed with his opinion.  There may be repercussions on exchanges.

And then we have the current dump.  Just a coincidence, or triggered by the mycoin.hk news?

Let´s hope that the PBOC put´s an end to this scam and finally protects it´s citizens. I already wrote them 3 mails in the last 7 days.

 

[JorgeStolfi]

Uh-oh:

http://www.scmp.com/news/hong-kong/article/1708308/mycoin-director-quit-one-month-bitcoin-platform-changed-trading-rules

The sole director of the company which out-of-pocket MyCoin clients say controls the bitcoin trading platform resigned one month before it was said to have changed trading rules to stop investors cashing in all their bitcoins.

Companies Registry records show William Dennis Atwood as the only director of Rich Might Investment Ltd – to which many MyCoin clients made out cheques as payment to MyCoin – resigned on November 10 last year.

Atwood also transferred all of the shares he held on the same day to a British Virgin Islands-based company called Fascinating Horizon Overseas Ltd, the records show.

The clients claim Atwood was chief executive of Kryptogroup which controls, among other entities, MyCoin and a bitcoin mining centre called Kryptomine Cloudhashing.

An imperialist pig stealing from Chinese workers?  @NotLambChop, you must have the right poster for that...

[cheekychap]

Did the news of mucoins.hk affect the price in anyways ?

[barbs]

What's with that 10$ spread.. So dodgy

[aztecminer]

Did the news of mucoins.hk affect the price in anyways ?

not sure a mining contract scheme would affect bitcoin price any more than an asic company scheme affect bitcoin price ??

[fonzie]

Did the news of mucoins.hk affect the price in anyways ?

Sure a lot of new investors in China can´t wait to throw their money into Bitcoin after that news. Expect a rise to 500$ soon.  

[stereotype]

looks like someone hit the wrong button on bitfinex.

Their trading engine is screwed. Lots of peeps complaining of lags and losses. Finex is history unless they release their new engine pronto. Actually this shit has been happening for a few weeks now, so probably too late.  

[Morecoin Freeman]

Someone pressed every button on his controller.

[WeltMaster]

FOR THE LONGEST TIME

https://www.youtube.com/watch?v=NG1qooBzE2w

[erre]

Refuelled and ready to go!    

Wow, what is this photo about? I mean the original subject, I got the analogy...

[abercrombie]

is crypto done??  

[ghandi]

FOR THE LONGEST TIME

https://www.youtube.com/watch?v=NG1qooBzE2w

SHIT! Looks like big whale about to dump!!! 

[stereotype]

Refuelled and ready to go!    

Wow, what is this photo about? I mean the original subject, I got the analogy...

To encourage wildlife, maybe. Good for divers/local economy. Although, looks too shallow for that.

[Sitarow]

YOU HAVE BEEN WARNED HOURS AGO BULLTARDFOOLS!

Translation: YOU HAVE BEEN GIVING THE STUPID, COMPLETELY UNCONVINCING MADE UP FUD (THAT WILL NEVER BE VERIFIED) HOURS AGO, SHEEP!  BECAUSE WHALES NEED A STORY BEHIND THEIR RANDOM DUMPS!

Translation:

Sell me your coins on the cheep quick! I am getting more and more afraid as it looks like the promises of sub$200 BTC was a smoke screen that I and many other hodlers fell for. We want BTC! Quick before people realize what we did and it goes up up up.

@Fonzie sure sure.

This has been a DRK pump since yesterday.. Nice attempt at bait and switch.

[Newar]

Refuelled and ready to go!    

[img ]https://i.imgur.com/4sjxgMF.jpg[/img]

Wow, what is this photo about? I mean the original subject, I got the analogy...

WW2 wrecks in the South Pacific.

[bitcodo]

looks like someone hit the wrong button on bitfinex.

Their trading engine is screwed. Lots of peeps complaining of lags and losses. Finex is history unless they release their new engine pronto. Actually this shit has been happening for a few weeks now, so probably too late.  

Mark's midas is finally ready, so he can sell it to Finex. More $ for Gox's creditors and state of the art engine for Bitfinex customers. Win-win.

[Sitarow]

Sad DRK pump since yesturday.



7:45AM EST

so the scam was..

give me money and i will mine bitcoin for you...

ran off with money...

bitcoin never got mined...

-> there will be no dump

Seems so.

[ChartBuddy]

Coin
Explanation

[Erdogan]

Let's just hope that you end your miserable life  

Don't even bother talking to fonzie. He's a known troll ignored by most people here. The only moment I see his posts is when somebody quotes him, so please spare me

..or a very persevering sarcast...

[JimboToronto]

Page 11337?

Not quite the same as 1337 but I was here for that too.

I see we had a foolish 12k dump on Finex that dropped the price about 1%. LOL

Back to bed.