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

[Wandererfromthenorth]

I wasn't watching the past 3 days- did something actually happen or just a reversal because, well, we didn't break $300?

http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/

Thats it? People got robbed again?

Yep.

And a criminal that scammed drug dealers out of $30+ millions (more than is currently sitting at the orderbooks in bids on all major exchanges combined) can dump whenever he feels like it. He's probably already doing it (and won't be finished for quite a while)

I don't buy it. The guy is going to dump $30 million on the exchanges and then what- kindly ask Coinbase/Bitstamp/Kraken for a Western Union? Heck, it's unlikely the exchanges would even let the guy get his BTC back out once they put it in. They aren't dumb, and the high-volume exchanges are known to ask "where did you get that money?" before giving it back.

No, this sounds like a group of professional whales, that sit around waiting for some media event of note, then they take advantage of it in concert to crash the market to mop up big-time.

Unless something really important has happened- I think people are being taken for a ride.....

That's what BTC-E is there for.


Wanna hear a joke?

"Do you know why BTC-E never gets hacked?
Because the hackers wouldn't know where to launder their funds next"  

BTC-E isn't so loosely run. It  might looks like it, because that's it's "special trademark feature" but they aren't idiots.

A) BTC-E has been hacked before.
B) They aren't going to launder $30 million in drug money when....
C) They could at minimum confiscate it themselves.

BTC-E has kept users funds before, I find it highly unlikely they would let someone move millions of illicit funds through the exchange in a 36 hour period. Maybe over many months, but not days. Their FIAT still sits in a real bank somewhere after all.

They can spread their dumps on various exchanges and that's it (and use various coin mixing services, pump&dump some shitcoins to leave no trace in the bitcoin blockchain and whatnot)
Are you saying that you think those hackers are not gonna get a penny out of their BTCs?

[calme]

Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.

The order books look better matched than they have for weeks.

One big buy and the bearish sentiment will evaporate in a  puff of smoke. Like most of the leveraged bears did the last month.

The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.

Edit: So by wednesday we should be past $300.

The price better turn around real quick or I might end up looking foolish.

I'm okay with looking foolish. I'll get a silly paint job on my Ferrari after following the #1 rule of BTC.  

[fonzie]

Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.

The order books look better matched than they have for weeks.

One big buy and the bearish sentiment will evaporate in a  puff of smoke. Like most of the leveraged bears did the last month.

The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.

Edit: So by wednesday we should be past $300.

The price better turn around real quick or I might end up looking foolish.

I'm going with you on this one. Maybe not this week, but end of mid April. It's been nothing but good news on the Wallstreet/real world front. Drug dealers getting robbed does not really count anymore as 'serious' news.

Bullish news don´t get the price up. Not so "serious" bearish news crash it almost 20% within a few hours.
Conclusion-> Hyper bull market is right around the corner!

[Cconvert2G36]

Why you no close margin longs? Get it over with.

Like a band-aid... right off!

[macsga]

Green grass everywhere... Is it a reversal? 

[itod]

Coin
Explanation

Was waiting for 355, but will take some profit now and wait for lower prices or a clear direction in the next week to take a clear position.

So far so good. Now what price to buy back in? Is it time?

Next support level is around $255, wait till the price goes there.

I love when my crystal ball is working.

Next prediction: price will move sideways for the next two days.

[Wandererfromthenorth]

how's your longs doing bulls?

 

Farther in the green than your shorts. Much farther if you only shorted in the 290s.

you didnt lock your profits?

Some. But reloaded Friday the 13th.

It seems we are repeating a previous pattern. I'd close those shorts as close to 280 as possible if I were you. Before the weekend as well.

we are repeating previous pattern until we are not.

what a bad omen for bulls your reload on Friday the 13th.

What a bunch of pussies bears are that they think Friday the 13th could help bring the price down further.... But it only came right back up. Seems they are stupid enough to try again right now. When will they ever learn? Once they have no coins to sell and have to buy back in a a loss? I hope so!

[Silverspoon]

...the #1 rule of BTC.  

Maximum dolors for greatest number [of people]?

[dreamspark]

Well dunno bout you guys but I've had a brilliant day.

[barbs]

230 Tonight?

I think we are out of the woods for now.

[Dotto]

Dump is over. Time to go 20x leveraged looooooong

[Xiaoxiao]

$150 by this weekend sometime.  Maybe that will be the double bottom...

[Morecoin Freeman]

dump is NOT over
Watch...

[franckuestein]

lol hahaha I'm crying with dat photo+gif  

I can see manipulation... I can see manipulation in the streets  
1 month to increase, 1h to decrease, damn.

[coins101]

$150 by this weekend sometime.  Maybe that will be the double bottom...

$1.50

[calme]

...the #1 rule of BTC.  

Maximum dolors for greatest number [of people]?

HODL

i.e. don't listen to trolls who are just trying to increase their position b/c they are bulls too when it comes down to it.

[Fatman3001]

Bears just waiting for someone to sell. Long swaps at 0.1% interest is high, but that is only the last few days of swap total.

The order books look better matched than they have for weeks.

One big buy and the bearish sentiment will evaporate in a  puff of smoke. Like most of the leveraged bears did the last month.

The "bearish sentiment" is solely connected to the imagined barrier of $300. If you look at 1d charts we are still just moving up the stairway to heaven.

Edit: So by wednesday we should be past $300.

The price better turn around real quick or I might end up looking foolish.

I'm okay with looking foolish. I'll get a silly paint job on my Ferrari after following the #1 rule of BTC.  

Looks nice, needs some new rims though  

[crazy_rabbit]

I wasn't watching the past 3 days- did something actually happen or just a reversal because, well, we didn't break $300?

http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/

Thats it? People got robbed again?

Yep.

And a criminal that scammed drug dealers out of $30+ millions (more than is currently sitting at the orderbooks in bids on all major exchanges combined) can dump whenever he feels like it. He's probably already doing it (and won't be finished for quite a while)

I don't buy it. The guy is going to dump $30 million on the exchanges and then what- kindly ask Coinbase/Bitstamp/Kraken for a Western Union? Heck, it's unlikely the exchanges would even let the guy get his BTC back out once they put it in. They aren't dumb, and the high-volume exchanges are known to ask "where did you get that money?" before giving it back.

No, this sounds like a group of professional whales, that sit around waiting for some media event of note, then they take advantage of it in concert to crash the market to mop up big-time.

Unless something really important has happened- I think people are being taken for a ride.....

That's what BTC-E is there for.


Wanna hear a joke?

"Do you know why BTC-E never gets hacked?
Because the hackers wouldn't know where to launder their funds next"  

BTC-E isn't so loosely run. It  might looks like it, because that's it's "special trademark feature" but they aren't idiots.

A) BTC-E has been hacked before.
B) They aren't going to launder $30 million in drug money when....
C) They could at minimum confiscate it themselves.

BTC-E has kept users funds before, I find it highly unlikely they would let someone move millions of illicit funds through the exchange in a 36 hour period. Maybe over many months, but not days. Their FIAT still sits in a real bank somewhere after all.

They can spread their dumps on various exchanges and that's it (and use various coin mixing services, pump&dump some shitcoins to leave no trace in the bitcoin blockchain and whatnot)
Are you saying that you think those hackers are not gonna get a penny out of their BTCs?

No, I think those hackers are going to get a shit ton of money out of their BTC's. I just don't think they are going to do it this, or the next week. I don't think they are ever going to use the exchanges for that money either. I think Evolution was a scam from the start, they came up with a scammers business plan, they worked on it, they collected the cash and they got out. I'm sure they planned for this and it does not involved "dumping on the exchanges". They are professional criminals who have financed their operation with criminal investment capital. They aren't stealing 100K BTC today for $30 million dollars. They are going to save that money till a)statute of limitations passes or b) it's worth $100 million, or $500 million or more and they will very slowly and calmly find a way to spend it. Or sell it off in bulk to some other criminal investor.

Running a dark market like Evolution is an enormously complicated, risky and dangerous endeavor. They people who aren't professional criminals, like DPR, get caught because the government simply has too many resources for non-professionals to get away with.

No, this Evolution money isn't hitting any exchange, anytime soon. And why would it? Why would these people, who just scammed people into letting them hold their money, give someone else all their money? They aren't stupid. They know most exchanges are risky-as-fuck. They aren't putting money that they earned by committing crimes worth life in prison into other exchanges run by criminals or idiots, or law abiding and AML checking accountants.

This is a a group of dumper whales that just wait for bad news (which always happens) seize upon the opportunity and move into action. We wouldn't really panic if the sale of all those bitcoin were for no particular reason, but link it with any media report and you've got a full-blown freakout.

[franckuestein]

Don't be fooled, liquidity is flowing to XPY:

Paycoin |XPY| Now accepted on coinstand.com at $20

https://bitcointalk.org/index.php?topic=995823.new#new

Now accepted on coinstand.com at $20
Now accepted on coinstand.com at $20
Now accepted on coinstand.com at $20

[ChuckBuck]

I wasn't watching the past 3 days- did something actually happen or just a reversal because, well, we didn't break $300?

http://www.deepdotweb.com/2015/03/18/interview-with-nswgreat-evolution-staff-member/

Thats it? People got robbed again?

Yep.

And a criminal that scammed drug dealers out of $30+ millions (more than is currently sitting at the orderbooks in bids on all major exchanges combined) can dump whenever he feels like it. He's probably already doing it (and won't be finished for quite a while)

I don't buy it. The guy is going to dump $30 million on the exchanges and then what- kindly ask Coinbase/Bitstamp/Kraken for a Western Union? Heck, it's unlikely the exchanges would even let the guy get his BTC back out once they put it in. They aren't dumb, and the high-volume exchanges are known to ask "where did you get that money?" before giving it back.

No, this sounds like a group of professional whales, that sit around waiting for some media event of note, then they take advantage of it in concert to crash the market to mop up big-time.

Unless something really important has happened- I think people are being taken for a ride.....

That's what BTC-E is there for.


Wanna hear a joke?

"Do you know why BTC-E never gets hacked?
Because the hackers wouldn't know where to launder their funds next"  

BTC-E isn't so loosely run. It  might looks like it, because that's it's "special trademark feature" but they aren't idiots.

A) BTC-E has been hacked before.
B) They aren't going to launder $30 million in drug money when....
C) They could at minimum confiscate it themselves.

BTC-E has kept users funds before, I find it highly unlikely they would let someone move millions of illicit funds through the exchange in a 36 hour period. Maybe over many months, but not days. Their FIAT still sits in a real bank somewhere after all.

They can spread their dumps on various exchanges and that's it (and use various coin mixing services, pump&dump some shitcoins to leave no trace in the bitcoin blockchain and whatnot)
Are you saying that you think those hackers are not gonna get a penny out of their BTCs?

No, I think those hackers are going to get a shit ton of money out of their BTC's. I just don't think they are going to do it this, or the next week. I don't think they are ever going to use the exchanges for that money either. I think Evolution was a scam from the start, they came up with a scammers business plan, they worked on it, they collected the cash and they got out. I'm sure they planned for this and it does not involved "dumping on the exchanges". They are professional criminals who have financed their operation with criminal investment capital. They aren't stealing 100K BTC today for $30 million dollars. They are going to save that money till a)statute of limitations passes or b) it's worth $100 million, or $500 million or more and they will very slowly and calmly find a way to spend it. Or sell it off in bulk to some other criminal investor.

Running a dark market like Evolution is an enormously complicated, risky and dangerous endeavor. They people who aren't professional criminals, like DPR, get caught because the government simply has too many resources for non-professionals to get away with.

No, this Evolution money isn't hitting any exchange, anytime soon. And why would it? Why would these people, who just scammed people into letting them hold their money, give someone else all their money? They aren't stupid. They know most exchanges are risky-as-fuck. They aren't putting money that they earned by committing crimes worth life in prison into other exchanges run by criminals or idiots, or law abiding and AML checking accountants.

This is a a group of dumper whales that just wait for bad news (which always happens) seize upon the opportunity and move into action. We wouldn't really panic if the sale of all those bitcoin were for no particular reason, but link it with any media report and you've got a full-blown freakout.

Like I posted before, it's these jokers doing it together:

https://www.whaleclub.co/