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

[empowering]

SATAN HAS ARRIVED !!!!!! Run for the fucking hills!!!!!!!!!1
Masters joins cryptocurrency start-up
Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of a cryptocurrency start-up.
http://www.ft.com/cms/s/0/e29808a8-c744-11e4-9e34-00144feab7de.html#axzz3U3DjNedR
fml
We need to start investing in silver stakes.
Seriously though this is at the same time hilarious and also disturbing......  
Masters? Blythe Masters?  

Is it as scary as the time when Brooksley Born, former head of the CFTC, tried to warn the US congress of the dangers of derivatives and was silenced by Greenspan, Rubin and Summers?
source http://www.pbs.org/wgbh/pages/frontline/warning/view/

It is so scary that as I was reading my arse started to quiver like a cyclopses eye in a hailstorm.

I am skeptical of your ability to watch a 60 minute program in 9 minutes. Take a load off, you might learn something.

 

(I was referring to the article I posted.... not the program, I will give it a watch, but bearing in mind I used to work for JP Morgan (In the late 90's early 2000's, they bought out/merged with a firm I was working for) and that I lived through the whole episode,  I doubt that I will learn anything I will not have heard before (but then again I might) but this looks like something I will enjoy watching, so thank you for the link )

[empowering]

I don't necessarily think this is bad for crypto. Maybe it's the "system's" way of adopting something they can't fight (or they didn't want to fight in the first place).

Don't forget:

First they ignore you, then they laugh at you, then they fight you, then you win.

Mahatma Gandhi.

 

Yup... that is the hilarious part.... that bit is great.

The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo

[ChartBuddy]

Coin
Explanation

[macsga]

Yup... that is the hilarious part.... that bit is great.

The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo

I don't like the guy, but the greatest and foremost utopia that exists in crypto-world is that the current economic establishment's top boys will be left out of the way when there's massive adoption. Well; this won't happen! They know how the system works and -frankly- I think we need them around for they possess significant knowledge. On the other hand, bitcoin derivatives to my understanding is a high risk investment. To give it a perspective, it is like entrusting your Bitcoins to someone's hands who was involved in the MtGox story...

Yeah; I know. Some people would do it again...

[empowering]

Yup... that is the hilarious part.... that bit is great.

The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo

I don't like the guy, but the greatest and foremost utopia that exists in crypto-world is that the current economic establishment's top boys will be left out of the way when there's massive adoption. Well; this won't happen! They know how the system works and -frankly- I think we need them around for they possess significant knowledge. On the other hand, bitcoin derivatives to my understanding is a high risk investment. To give it a perspective, it is like entrusting your Bitcoins to someone's hands who was involved in the MtGox story...

Yeah; I know. Some people would do it again...

Blythe is a woman (but she was once married to Daniel Masters of Royal Dutch Shell/Salomon fame who was involved in developing energy gas/crude markets, who incidentally now is part of GABI)

Blythe is a scary woman.

Ask any silver trader  

(given her past track record, think derivatives and manipulation)

(oh and also over leveraging and swaps)

(ps oh and also, the idea I hope is to create a system that is better, and certainly more transparent than the system we already have, "they" may know how it works alright, but it is "their" games that is one of the main driving reasons we need a new system)

[macsga]

Yup... that is the hilarious part.... that bit is great.

The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo

I don't like the guy, but the greatest and foremost utopia that exists in crypto-world is that the current economic establishment's top boys will be left out of the way when there's massive adoption. Well; this won't happen! They know how the system works and -frankly- I think we need them around for they possess significant knowledge. On the other hand, bitcoin derivatives to my understanding is a high risk investment. To give it a perspective, it is like entrusting your Bitcoins to someone's hands who was involved in the MtGox story...

Yeah; I know. Some people would do it again...

Blythe is a woman (but she was once married to Daniel Masters of Royal Dutch Shell/Salomon fame who was involved in developing energy gas/crude markets, who incidentally now is part of GABI)

Blythe is a scary woman.

Ask any silver trader  

(given her past track record, think derivatives and manipulation)

Haha! Well, I didn't know who she was. I only judged from her JPM past. But my thesis remains the same, you get my point.

[ChartBuddy]

Coin
Explanation

[Feri22]

When i look at reddit/r/bitcoin  news i have a feeling that BTC will fuck*ng explode any day and there will be moons, moons everywhere...What about you?

[snakey]

there's going to be at lest 1 billion people interested in bitcoin in a few years and you idiots keep selling at 300 for a quick profit while keeping the price down.

Laughing at the one billion? ok let there be 10 million people interested, there is not enough bitcoin to go around so the price will go up....

HOLD

+1 Great comment! I keep wishing there was a "like" or "up vote" button in these forums...

Maybe the mythical new platform will have one?   

Feel wanted now 

Bitcoin to the moon

[marcus_of_augustus]

When i look at reddit/r/bitcoin  news i have a feeling that BTC will fuck*ng explode any day and there will be moons, moons everywhere...What about you?

yep, no doubt wall st. has arrived ... and looks like silicon valley already went all in under the radar "stealth mode" ... tick tock tick tock

when in a supercritical condition, the next pin to drop could crystallise the whole ocean into an ice sheet with explosive growth phase change.

[JayJuanGee]

Yup... that is the hilarious part.... that bit is great.

The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo

I don't like the guy, but the greatest and foremost utopia that exists in crypto-world is that the current economic establishment's top boys will be left out of the way when there's massive adoption. Well; this won't happen! They know how the system works and -frankly- I think we need them around for they possess significant knowledge. On the other hand, bitcoin derivatives to my understanding is a high risk investment. To give it a perspective, it is like entrusting your Bitcoins to someone's hands who was involved in the MtGox story...

Yeah; I know. Some people would do it again...

Blythe is a woman (but she was once married to Daniel Masters of Royal Dutch Shell/Salomon fame who was involved in developing energy gas/crude markets, who incidentally now is part of GABI)

Blythe is a scary woman.

Ask any silver trader  

(given her past track record, think derivatives and manipulation)

Haha! Well, I didn't know who she was. I only judged from her JPM past. But my thesis remains the same, you get my point.

I think that the point that more and more establishment are warming up to the concept of bitcoin; however, a question still remains concerning how quickly that is going to translate into the price moving up.... because in some sense some momentum and increased confidence creates more momentum. ... etc etc.. but even saying all that, there could be a year or even years of stagnation that could be caused by forces attempting to propagate the opposite direction to denigrate bitcoin and its name and to lose money in the denigration process.... maybe I could prognosticate that the powers that be (bear whale manipulators) can only keep up downward manipulation for another year or two at most.... ... but what do I know?  I am just giving my best guestimation (and I have been wrong before, for example, 92% of 2014 hahahahaha)

[spooderman]

finex has massive buy pressure, but stamp and coin have sell pressure?

I don't understand:|

[Fatman3001]

I heard there was a company that cooked its books in 1936. Stock Market is fucked.

I hear that for the first 6 out of 7 years of bitcoin's history there was only 1 exchange which for the first 4 years was the only exchange in existence for bitcoin and next couple years was by far the highest volume exchange which cooked it's books from pennies to $1200 in value per bitcoin then stole give or take 10% of the total "monetary supply" as soon as other exchanges were founded where they could sell these stolen funds. Bitcoin IS fucked. Thaaaaanks mtgox.

Is this guy for real or just someone I can put on ignore?

[Fatman3001]

finex has massive buy pressure, but stamp and coin have sell pressure?

I don't understand:|

Someone is exploiting the low amount of fiat on those exchanges to keep the price down?

Edit: not sure about coin though.

[ChartBuddy]

Coin
Explanation

[podyx]

Dump denied.
Pump approved.

[Ezmoneyezlife]

Its march, bears are awaken, see ya at 210$ in few days m8s.

[niner]

Yup... that is the hilarious part.... that bit is great.

The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo

I don't like the guy, but the greatest and foremost utopia that exists in crypto-world is that the current economic establishment's top boys will be left out of the way when there's massive adoption. Well; this won't happen! They know how the system works and -frankly- I think we need them around for they possess significant knowledge. On the other hand, bitcoin derivatives to my understanding is a high risk investment. To give it a perspective, it is like entrusting your Bitcoins to someone's hands who was involved in the MtGox story...

Yeah; I know. Some people would do it again...

Blythe is a woman (but she was once married to Daniel Masters of Royal Dutch Shell/Salomon fame who was involved in developing energy gas/crude markets, who incidentally now is part of GABI)

Blythe is a scary woman.

Ask any silver trader  

(given her past track record, think derivatives and manipulation)

(oh and also over leveraging and swaps)

(ps oh and also, the idea I hope is to create a system that is better, and certainly more transparent than the system we already have, "they" may know how it works alright, but it is "their" games that is one of the main driving reasons we need a new system)

Zerohedge seems to agree with you.  

http://www.zerohedge.com/news/2015-03-10/bitcoin-default-swaps-blythe-masters-joins-bitcoin-startup

[Mervyn_Pumpkinhead]

The pigs sound especially greedy today

[Fabrizio89]

Strong accumulation happening at this level, just like it happened at 220 and 250. Big players frontrunning one another. We will chop and bounce around this area for a while until we reset indicators and get a chance to build momentum.