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

[damiano]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

[tarmi]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

yeap.

first darkcoin pump, now monero. I think litecoin will be the last.

if btc hits 250 again dont miss your last chance.

[damiano]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

yeap.

first darkcoin pump, now monero. I think litecoin will be the last.

if btc hits 250 again dont miss your last chance.

I shorted at 262 on okcoin qtrly days ago.  The extra btc I have available is to protect my position since we all know okcoin likes to do these insane swings  

Monero is up 142% lol

[tarmi]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

yeap.

first darkcoin pump, now monero. I think litecoin will be the last.

if btc hits 250 again dont miss your last chance.

I shorted at 262 on okcoin qtrly days ago.  The extra btc I have available is to protect my position since we all know okcoin likes to do these insane swings 

just hodl.

[Sitarow]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

yeap.

first darkcoin pump, now monero. I think litecoin will be the last.

if btc hits 250 again dont miss your last chance.

Who would risk trading a digital coin on a single exchange unless they are desperate to be able to  withdraw ttheir BTC without daily limits.

2 months actividy Not just EVO but stamps coins.

[LFC_Bitcoin]

How low is this likely to go?

I want to buy tonight but wonder if I should let it play out a little.

[SilenceOfTheLamb]

Why can't Bitcoin be more like Monero  

http://s27.postimg.org/4x4bcjk6b/Capture.jpg

[luigi1111]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.

[Ezmoneyezlife]

150 soon

Yup.

[adamstgBit]

How low is this likely to go?

I want to buy tonight but wonder if I should let it play out a little.

we're in a solid support zone now, I expect to see >245 and a test of 255 resistance again soon

if we head lower we'll see like 22X

the likeness of that happening is medium-low-ish-ness

longs are pretty high, seeing <220 could set off a monstrous long squeeze sending price <180 briefly

best plan of action? HODL, and wait to buy & hodl moar!  ( this might also be referred to as the worst plan ever )

[Sitarow]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.

They are not trying rather they're succeeding.

[ChartBuddy]

Coin
Explanation

[SilenceOfTheLamb]

The jig's up, Bitcoiners!
http://www.reddit.com/r/DarkNetMarkets/comments/30tudk/psa_5_reddit_accounts_subpoenaed_by_ice/
Surrender yourselves to your local authorities and cooperate by providing incriminating evidence on your cohorts, the other Bitcoin crooks.
Your families need not suffer for your crimes.

http://s28.postimg.org/jfjssel65/repent.jpg

[anujjain]

Coin
Explanation

Very boring market last some days. only 5-10 $ movement and that is also very slowish.

[luigi1111]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.

They are not trying rather they're succeeding.

Nice set of charts. What do they mean?

[damiano]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.

They are not trying rather they're succeeding.

yep

There is also no real reason to buy xmr

[Sitarow]

evo coins going to monero for mixing?

Makes sense since a mixer alone can't handle that volume of btc

XMR's 30-day volume is ~6,500 BTC. If someone were actually trying to use it to mix 1,000s of BTCs, it would be much higher.

They are not trying rather they're succeeding.

Nice set of charts. What do they mean?

Unfortunantly it exposes the attempt at using alts as a way to gather usd before the btc usd pump.

[bad trader]

Why can't Bitcoin be more like Monero

As far as I recall, NLC didn't like it when Sitarow first spilled the beans on this laundering thing. Is NLC a money launderer or something?

[JayJuanGee]

Mass adoption is coming!!!


Maybe after another 6 years we will see 4.6%
 
ROFL!

https://i.imgur.com/haup0pJ.gif[/img]

Difficult to know whether to take you seriously, Your Mother.  For example, if it takes another 6 years for BTC adoption etc to double, then that would reflect a fairly slow level of adoption, and probably even you do NOT believe that.

In other words, adoption, by whatever measures will likely come more quickly.... maybe more realistically, I am speculating that probably we will see another doubling of bitcoin adoption in 2-3 years or less.  Surely, I would like the doubling to take place more quickly.  But I suppose that there are a lot of factors that affect various adoption measures.

[tomothy]

Would the XMR/BTC movement also help explain the downward pressure on LTC?
I.e., if you look at the Poloniex market, the trading index currencies seem to be BTC/XMR/USD.
So it looks like they're directly converting LTC to XMR, and cashing out into BTC/USD.
It looks like they accumulate ltc on btce then move to poloniex to continue the game?
I don't see a bump in BTC with accumulation though it seems they're just strictly cashing out?
Am I missing something? Won't this just result in some steady downward pressure until they've finished?