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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372705 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
BayAreaCoins
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May 15, 2015, 09:56:37 PM


There was a 1,100 sell wall on Coinbase just a minute ago that got bought
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May 15, 2015, 09:58:01 PM

Coin
Explanation
Wandererfromthenorth
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May 15, 2015, 10:06:29 PM


There was a 1,100 sell wall on Coinbase just a minute ago that got bought
Where do you see that?

I don't see it here http://coinsight.org/coinbase, and on bitcoinwisdom it doesn't show trades/volume.
HI-TEC99
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May 15, 2015, 10:12:05 PM
Last edit: January 07, 2017, 09:29:58 PM by HI-TEC99


It says

Quote
Over 4M Factoids sold for 2200 BTC. A massive THANK YOU to all @factomproject supporters. #bitcoin #fintech #startup

What on earth are Factoids, and don't tell me people have bought into another IPO? Can we expect those 2200 BTC to be dumped? Haven't the devs at least agreed to hold the IPO money for a while?
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May 15, 2015, 10:13:26 PM


There was a 1,100 sell wall on Coinbase just a minute ago that got bought
Where do you see that?

I don't see it here http://coinsight.org/coinbase, and on bitcoinwisdom it doesn't show trades/volume.

https://cryptowat.ch/coinbase/btcusd/5min
Wandererfromthenorth
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May 15, 2015, 10:19:50 PM

^^^

Thanks.



It says

Over 4M Factoids sold for 2200 BTC. A massive THANK YOU to all @factomproject supporters. #bitcoin #fintech #startup

What on earth are Factoids, and don't tell me people have brought into another IPO? Can we expect those 2200 BTC to be dumped? Haven't the devs at least agreed to hold the IPO money for a while?
Yes it's another IPO.

The guys at Factom thought it was a good idea to create a pump&dump shitcoin called "factoid" and make a crowdsale out of it.

People bought 2200 BTC worth of the stuff.


It's likely those BTC are gonna be dumped, at least that's what the Ethereum devs did with their pre-sale few months back:

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2
https://blockchain.info/charts/balance?address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

I remember a document from them saying something like "we will proceed to hedge against bitcoin's volatility (AKA dump)" or something like that. Can't find it tho.
HI-TEC99
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May 15, 2015, 10:39:04 PM

^^^

Thanks.



It says

Over 4M Factoids sold for 2200 BTC. A massive THANK YOU to all @factomproject supporters. #bitcoin #fintech #startup

What on earth are Factoids, and don't tell me people have brought into another IPO? Can we expect those 2200 BTC to be dumped? Haven't the devs at least agreed to hold the IPO money for a while?
Yes it's another IPO.

The guys at Factom thought it was a good idea to create a pump&dump shitcoin called "factoid" and make a crowdsale out of it.

People bought 2200 BTC worth of the stuff.


It's likely those BTC are gonna be dumped, at least that's what the Ethereum devs did with their pre-sale few months back:

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2
https://blockchain.info/charts/balance?address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

I remember a document from them saying something like "we will proceed to hedge against bitcoin's volatility (AKA dump)" or something like that. Can't find it tho.


Damn, I remember how the Ethereum IPO Bitcoins were managed. Every so often they would do a huge dump, and Bitcoin's price would crash. They often seemed to pick the worst possible time to dump from both their own point of view, and Bitcoin holders points of view.

When the news of Bitstamp's hack got out and the price had already crashed the Ethereum team decided it was a great time to do a huge dump for really low prices. Right after that we went down to $150.
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May 15, 2015, 10:44:51 PM
Last edit: May 15, 2015, 10:55:12 PM by YourMother



I will have to read some more, cos it's hard to know which is the sadder story. The one of Neucoin or the one of Factom.

The scammers from Neucoin managed to sell $1M worth of coins with nothing but the promise that the project will be launched in August or September or some shit. So no source code, no blockchain, no nothing. Only a great marketing plan.
http://www.reddit.com/r/neucoin/comments/33xnlm/send_your_btc_to_an_anonymously_held_offshore/
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May 15, 2015, 10:47:30 PM

Any news about the launch of xbt provider security for next monday ? Haven't heard anything official for a long time.
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May 15, 2015, 10:57:45 PM

Coin
Explanation
JorgeStolfi
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May 15, 2015, 11:00:39 PM

It's likely those BTC [ from the Factom IPO ] are gonna be dumped, at least that's what the Ethereum devs did with their pre-sale few months back:

Those bitcoins will be sold, almost certainly.  A company that keeps its financial assets in BTC does not know the meaning of "accounting" or "financial planning".  If a startup promises to do that, keep your money away from it.
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May 15, 2015, 11:15:10 PM
Last edit: May 15, 2015, 11:53:26 PM by BlindMayorBitcorn

Bitcoiners are the Eliot Rosewater's of high finance. Let them be fruitful and multiply.
Stevenirving
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May 15, 2015, 11:17:55 PM

 Cry
Bad long
BlindMayorBitcorn
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May 15, 2015, 11:19:43 PM

Cry
Bad long

And so it goes. Undecided

God Bless you, Mr Stevenirving
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May 15, 2015, 11:24:41 PM

Cry
Bad long

You so sure about that?
Wings1987
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May 15, 2015, 11:25:26 PM

Cry
Bad long


why did you close or get stopped  out?
Stevenirving
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May 15, 2015, 11:28:48 PM

Never mind LOL
I did not close it because I know the coin always rebounds
My faith in bitcoin has worked once again  Grin

Satoshi bless us all!!!
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May 15, 2015, 11:39:21 PM
Last edit: May 16, 2015, 12:26:19 AM by fonzie

Mission: Bleed em out slowly aka Take as much as you can for your valuable tokens!

Sell a few k through bid side.
Immediately buy up to pre-dump price  through an empy ask side with no volume but still with enough psychological effect to to let the bulls feel safe and convinced for the moment.
Wait till they refill bids (coz last hime for cheap coinz eva, ATH next month, dude look GBTC almost trading @ 1k)
Dump again!
Repeat until bulls are out of (borrowed) money and we are ready to go down to the next support level.

ChartBuddy
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May 15, 2015, 11:57:46 PM

Coin
Explanation
SheHadMANHands
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May 16, 2015, 12:14:36 AM

Mission: Bleed em out slowly aka Take as much as you can for your valuable tokens!

Sell a few k through bid side.
Immediately buy up to pre-dump price  through an empy ask side with no volume but still with enough psychological ffect to to let the bulls feels safe and convinced for the moment.
Wait till they refill bids (coz last hime for cheap coinz eva, ATH next month, dude look GBTC almost trading @ 1k)
Dump again!
Repeat until bulls are out of (borrowed) money and we are ready to go down to the next support level.



So brilliant, it was never thought of before.
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