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

[_AquaRegia]

Hey daytraders!

Is this something you can use?

https://tradeblock.com/blog/bitcoin-leverage-and-price-diverge-for-the-first-time-in-2015

But what does it MEAN!?
Something is brewing for sure this time

It means those who are buying don't have fiat, and those who are selling don't have bitcoin. The majority are leveraged positions which could create some serious volatility due to cascading margin calls.

it means sentiment is going up as price falls.

bitcoiners think down is up

a truly bizarre anomaly

hodl on to your butts, the singularity is forming

What an odd situation hmm?

[tarmi]

Hey daytraders!

Is this something you can use?

https://tradeblock.com/blog/bitcoin-leverage-and-price-diverge-for-the-first-time-in-2015

But what does it MEAN!?
Something is brewing for sure this time

It means that big pocket long leverages are going up while the price is down right now.

no.

"big pocket long leverages" does not mean that those pockets are full of cash. they just got a lot of (cheap) coins. big difference. they are probably adding more coins to maintain their positions.

AND the price is still not following, so there you get this divergence.

this could end in 2 ways.

a: they could wire few millions of real cash to other exchanges to push the price up  (not happening, order books are really thin)
b: those longs will be margin called sooner or later or closed

[Norway]

Hey daytraders!

Is this something you can use?

https://tradeblock.com/blog/bitcoin-leverage-and-price-diverge-for-the-first-time-in-2015

But what does it MEAN!?
Something is brewing for sure this time

It means those who are buying don't have fiat, and those who are selling don't have bitcoin. The majority are leveraged positions which could create some serious volatility due to cascading margin calls.

it means sentiment is going up as price falls.

bitcoiners think down is up

a truly bizarre anomaly

hodl on to your butts, the singularity is forming

What an odd situation hmm?

Maybe the big players are about to get the rails in place and decide to let her rip  

[Fatman3001]

Where the F are the winkledinkles and that draper dude?

[gentlemand]

Where the F are the winkledinkles and that draper dude?

They're busy stirring up some interesting things for the future. As for right now, we're all on our own.

[NotHatinJustTrollin]

Where the F are the winkledinkles and that draper dude?

The Winklevoss are largely in profit but they are shitting their pants.
Draper is heavily bagholding but since he is a billionaire he doesn't give a shit.






https://twitter.com/winklevoss/status/577613322297712640


I actually like the two dudes, but careful following their advice.

[Fatman3001]

Where the F are the winkledinkles and that draper dude?

They're busy stirring up some interesting things for the future. As for right now, we're all on our own.

F the future! I want my pile of shiny fiat now!!!

[Ask Ken About Love]

...
Maybe the big players are about to get the rails in place and decide to let her rip  

Perhaps.
https://i.imgur.com/vQJJBvY.gif

[coric]

Does "stirring up interesting things" include stirring a martini and snorting coke with some ladies in the carribean?
(sorry just want to subscrive to this thread that way)

[Norway]

...
Maybe the big players are about to get the rails in place and decide to let her rip  

Perhaps.

lol!

[gentlemand]

Does "stirring up interesting things" include stirring a martini and snorting coke with some ladies in the carribean?
(sorry just want to subscrive to this thread that way)

6am every morning before they go out hyping.

F the future! I want my pile of shiny fiat now!!!

Why not ask them nicely for an advance on future gains? If they have any class and confidence they'll hand it over.

[Norway]

[_AquaRegia]

Where the F are the winkledinkles and that draper dude?

https://pbs.twimg.com/media/CAZbL-QUkAAq1mq.png



https://twitter.com/winklevoss/status/577613322297712640

Let's follow the Winklenerds as a reverse indicator

[ChartBuddy]

Coin
Explanation

[tomothy]

were bitcoin holder moving out into darkcoin and xmr ?
 

No they are being used to launder the evo and other coins before dropping them into BTC/USD to exit.

Sorry, I haven't been following the EVO drama very closely.
I remember reading that some funds had gone to btc-e possibly but has the withdrawal transactions actually been traced to an exchange?
Assuming they have, I guess a lot of the market movement starts to make sense, they have a crap ton of coins to clean and move and not destroy markets too much.
Any particular reason you think they're primarily using DASH/DRK as their medium of choice? Does it actually offer some modicum of anonymity or easier to manipulate?

[NotHatinJustTrollin]

were bitcoin holder moving out into darkcoin and xmr ?
 

No they are being used to launder the evo and other coins before dropping them into BTC/USD to exit.

Sorry, I haven't been following the EVO drama very closely.
I remember reading that some funds had gone to btc-e possibly but has the withdrawal transactions actually been traced to an exchange?
Assuming they have, I guess a lot of the market movement starts to make sense, they have a crap ton of coins to clean and move and not destroy markets too much.
Any particular reason you think they're primarily using DASH/DRK as their medium of choice? Does it actually offer some modicum of anonymity or easier to manipulate?

By converting their BTCs to a random shitcoin (the one with more liquidity possible) they are able to leave no traces in the bitcoin blockchain or anywhere else.

Buy DASH with stolen BTC on an exchange, send DASH to other account (with a virgin BTC address), convert back DASH to BTC and there you go, perfect money laundering thanks to bitcoin and shitcoins™

[Sitarow]

were bitcoin holder moving out into darkcoin and xmr ?
 

No they are being used to launder the evo and other coins before dropping them into BTC/USD to exit.

Sorry, I haven't been following the EVO drama very closely.
I remember reading that some funds had gone to btc-e possibly but has the withdrawal transactions actually been traced to an exchange?
Assuming they have, I guess a lot of the market movement starts to make sense, they have a crap ton of coins to clean and move and not destroy markets too much.
Any particular reason you think they're primarily using DASH/DRK as their medium of choice? Does it actually offer some modicum of anonymity or easier to manipulate?

By converting their BTCs to a random shitcoin (the one with more liquidity possible) they are able to leave no traces in the bitcoin blockchain or anywhere else.

Buy DASH with stolen BTC on an exchange, send DASH to other account (with a virgin BTC address), convert back DASH to BTC and there you go, perfect money laundering thanks to bitcoin and shitcoins™

Additionally the exchanges in question don't have the same withdrawal constants as BTCe. Secondly there is the "anon" of the coins but honestly... There is also the factor that they can easly pump the price due to momentum by those who have fervent hopes that these alts will somehow be different from other alts and be bitcoin 2.0.

[tomothy]

You said withdrawal 'constants,' however did you mean 'constraints'?
Are you referencing BTC-e's time delay for new accounts? I.e. they wouldn't want to withdraw from x account due to 48 hour internal lock?
 I.e., is it actually easier to get coins out of some other exchanges like Cryptsy then BTCE because of this?
Any thoughts as to why they would pump DRK/DASH as opposed to NMC/PPC/LTC or something else?
It's just been interesting to see all of this momentum coming from drk/dash... I just... I dunno, never figured it would move like this...
Regardless it's certainly interesting, talk about an exit scam...

[Fatman3001]

Anyone with da skillz who can take a look at this?
(yes, I only see what I want to see)

https://www.tradingview.com/x/ObPCgc3k/

[adamstgBit]

http://www.cbronline.com/news/it/it-services/leocoin-roars-into-digital-currrency-market-4539862

The world's second largest digital currency, LEOcoin, was today launched and will be officially traded from April 2 after it goes live in Hong Kong.