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

[hdbuck]

Hackers steal at least $300mn from 100 banks

Nobody is blaming bitcoin, yet. 

Fuck it. I blame Ripple

[Mickeyb]

I don't buy this Bter hacked shit. It's clearly an inside job.

Guys, I know most of you are not that familiar with exchanges like BTER so let me share my experiences. I know BTER very well. Most of my BTC holdings have come from trading ALTs on BTER, just lately I have started daytrading bitcoin since ALTs have been pressed so hard into the ground and there is no much action there.

BTER worked like a charm until some strange things didn't start happening. First is a NXT hack of about 50 million NXT (4000 BTC at the time) that happened 6 months ago. The situation surrounding the hack, negotiations, moves that were being drawn after the hack are least to say bizarre. It can completely compare to the ''my cold wallet got hacked'' from yesterday. But OK, it can happen to anybody we said!

Than there was a BITBAY fiasco 3 months ago. BITBAY was a new breakthrough smart contracts technology by the David Zimbeck's blackcoin DEV and the others. IPO was held by BTER. Coin was literally dumped. Many people lost money. Some days after Skype transcripts came out to show that Lin, owner of BTER was heavily involved into this scam.

Now this raised many red flags in the community, why would a reputable exchange be doing this kind of crap. Everybody that was doing business on BTER after this event, were scared and in a sense BTER was a wreck waiting to happen. Every time I deposited coins after this to BTER was just to buy and GTFO. Of course, this too was sometimes day or two long in order for orders to go through. On Friday, a night before alleged hack, I withdrew my last 2 BTC from BTER since the order was standing there for too long, guess I was lucky.

Conclusion: All of us in ALT community was suspecting that BTER was on fractional reserves since the BITBAY fiasco. This is probably what happened. Two days ago he realized that this won't last much longer, he moved the funds and said how he was hacked! If you are asking me, yes, this was an inside job!

[BitThink]

I don't buy this Bter hacked shit. It's clearly an inside job.

Guys, I know most of you are not that familiar with exchanges like BTER so let me share my experiences. I know BTER very well. Most of my BTC holdings have come from trading ALTs on BTER, just lately I have started daytrading bitcoin since ALTs have been pressed so hard into the ground and there is no much action there.

BTER worked like a charm until some strange things didn't start happening. First is a NXT hack of about 50 million NXT (4000 BTC at the time) that happened 6 months ago. The situation surrounding the hack, negotiations, moves that were being drawn after the hack are least to say bizarre. It can completely compare to the ''my cold wallet got hacked'' from yesterday. But OK, it can happen to anybody we said!

Than there was a BITBAY fiasco 3 months ago. BITBAY was a new breakthrough smart contracts technology by the David Zimbeck's blackcoin DEV and the others. IPO was held by BTER. Coin was literally dumped. Many people lost money. Some days after Skype transcripts came out to show that Lin, owner of BTER was heavily involved into this scam.

Now this raised many red flags in the community, why would a reputable exchange be doing this kind of crap. Everybody that was doing business on BTER after this event, were scared and in a sense BTER was a wreck waiting to happen. Every time I deposited coins after this to BTER was just to buy and GTFO. Of course, this too was sometimes day or two long in order for orders to go through. On Friday, a night before alleged hack, I withdrew my last 2 BTC from BTER since the order was standing there for too long, guess I was lucky.

Conclusion: All of us in ALT community was suspecting that BTER was on fractional reserves since the BITBAY fiasco. This is probably what happened. Two days ago he realized that this won't last much longer, he moved the funds and said how he was hacked! If you are asking me, yes, this was an inside job!

I withdrew all my coins there after the BitBay scandal. It seems sometimes we get paid when we stop working with the scammers.

[Mickeyb]

I don't buy this Bter hacked shit. It's clearly an inside job.

Guys, I know most of you are not that familiar with exchanges like BTER so let me share my experiences. I know BTER very well. Most of my BTC holdings have come from trading ALTs on BTER, just lately I have started daytrading bitcoin since ALTs have been pressed so hard into the ground and there is no much action there.

BTER worked like a charm until some strange things didn't start happening. First is a NXT hack of about 50 million NXT (4000 BTC at the time) that happened 6 months ago. The situation surrounding the hack, negotiations, moves that were being drawn after the hack are least to say bizarre. It can completely compare to the ''my cold wallet got hacked'' from yesterday. But OK, it can happen to anybody we said!

Than there was a BITBAY fiasco 3 months ago. BITBAY was a new breakthrough smart contracts technology by the David Zimbeck's blackcoin DEV and the others. IPO was held by BTER. Coin was literally dumped. Many people lost money. Some days after Skype transcripts came out to show that Lin, owner of BTER was heavily involved into this scam.

Now this raised many red flags in the community, why would a reputable exchange be doing this kind of crap. Everybody that was doing business on BTER after this event, were scared and in a sense BTER was a wreck waiting to happen. Every time I deposited coins after this to BTER was just to buy and GTFO. Of course, this too was sometimes day or two long in order for orders to go through. On Friday, a night before alleged hack, I withdrew my last 2 BTC from BTER since the order was standing there for too long, guess I was lucky.

Conclusion: All of us in ALT community was suspecting that BTER was on fractional reserves since the BITBAY fiasco. This is probably what happened. Two days ago he realized that this won't last much longer, he moved the funds and said how he was hacked! If you are asking me, yes, this was an inside job!

I withdrew all my coins there after the BitBay scandal. It seems sometimes we get paid when we stop working with the scammers.

That was exactly my thought yesterday all day, how I just made myself 2 BTCs, even though I was extremely lucky!

[keewee]

Big buys on Bitfinex!

[alesx.onfire]

I like these instant pumps it is suitable for me

[razorramon]

Big buys on Bitfinex!

i bought some coins right before it happened...nice

looks like the fight is not over yet

[alesx.onfire]

next $250

[kaykawa]

$269 Tonight

We need more crashing exchanges?? 

[Ezmoneyezlife]

sure, 1269$ tonight, its clearly a bulltrap cos news are ultrabearish and pump to even 270 failed hard which means that we're going to retest sub 200$ soon

[razorramon]

sure, 1269$ tonight, its clearly a bulltrap cos news are ultrabearish and pump to even 270 failed hard which means that we're going to retest sub 200$ soon

bullish news dump, bearish news pump

[ChartBuddy]

Coin
Explanation

[YogoH]

I think the mini pump might have to do with the new version of bitcoin core being released. not really sure though, as this is bitcoin

Major improvements:

    Headers first synchronization - faster and more robust initial sync
    Dynamic transaction fee calculation - fees no longer hardcoded, scales with demand
    Watch-only addresses - Track any address using the wallet, not just your own
    Consensus library - abstracted interface for verification on a full node
    More script opcodes considered standard - more power for programmable money
    Improved security - libsecp256k1, non-DER signatures prohibited

[Gyrsur]

Major improvements:

    Headers first synchronization - faster and more robust initial sync
    Dynamic transaction fee calculation - fees no longer hardcoded, scales with demand
    Watch-only addresses - Track any address using the wallet, not just your own
    Consensus library - abstracted interface for verification on a full node
    More script opcodes considered standard - more power for programmable money
    Improved security - libsecp256k1, non-DER signatures prohibited

very nice, indeed!

https://bitcoin.org/en/download

[tarmi]

only 2 pages? wow, bulls are bleeding bad.

will 210 hold?

[12345mm]

yeah its bad ... very bad ... but really what do you expect ? ... the price was jacked up $40 in 1 day for no reason at all (possible bter based pump using stolen fiat pump prior to total theft of fiat and btc) ... after barely staying above 200 for the last week ... and jammed back down the entire gain in less than 1 hour ... and all this with zero actual positive news at all ... only lies about mcdonalds valentines day promotion and lies about google ... meanwhile we're still in the aftermath of the coinbase insider trading pump dump which was based on false promises of a truly regulated US exchange (available to like ... 20% of the us pop ... since most of the major population states have NOT granted money transmitter license ) ... and meanwhile we're all anticipation a huge drop with the eventual sale of the confiscated Silk Road coins which should happen within the next couple weeks ...

[ChartBuddy]

Coin
Explanation

[edwardspitz]

Big buys on Bitfinex!

i bought some coins right before it happened...nice

looks like the fight is not over yet

Yes, it was just shorts closing.

[mladen00]

Imho there will be some good surprises in february...

[Fatman3001]

only 2 pages? wow, bulls are bleeding bad.

will 210 hold?

Tarmi you two-faced so and so! I thought you had seen the light?