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

[The KGB]

This is collapsing, sell now flash crashes are imminent.

[Hunyadi]

Do you guys understand that this is the MMM collapsing? Boxing Day lol

can you post links pls

https://bitcointalk.org/index.php?topic=1064374.msg13362377#msg13362377

This guy is very serious and he is Chinese. There are some screenshots from MMM accts that say in Chinese that they can't withdraw etc

Chinese FUD. I thought, there was no "central" point in MMM BTC or whatever. People send btc to each other.

Yeah whatever...

Who talked about central point? People can't withdraw...

Where? Blocks are full   

[ImI]

its obv china and obv triggered by some event, but form what exactly?

dont think its MMM or another "ban"-talk.

[Hunyadi]

Shorts @Finex 15,563.14 BTC    

[-Greed-]

Huobi just broke $400 and it's not done yet.

[actmyname]

Oy vey, $410 support breached! Mah sheckels!

Just saw it. As it dips below this threshold, there will be a lot of people that start panic selling. Emotion is a very powerful element in changing people's opinions, swaying their options towards a certain way.

Well, here's to the new year! We should see an increase after this drops down to a suitable level, driving away the holiday hype.

[podyx]

Bears be like: "I told you"

Cute

[The KGB]

Houbi crashing hard 

[ssmc2]

Yeah let's get this outta the way before the new year. 2016 FTMFW.

[MinermanNC]

Finally a little breathing room to pick up a little more BTC before the next rise, been needing to buy more but was waiting for this 

Weekend after Christmas,, so? Monday is coming things will look up.

[peonminer]

Guys, are we really supposed to be @413 right now? This is getting scary...
Edit: Oy! $411!

Holy hell 410 USD.

Oy vey, $410 support breached! Mah sheckels!

Even lambie lost their last nerve

[ynef]

Everyone starts selling at the bottom again

[MinermanNC]

Finally a little breathing room to pick up a little more BTC before the next rise, been needing to buy more but was waiting for this 

Weekend after Christmas,, so? Monday is coming things will look up.

Plenty of excellent buying opportunities ahead

LOL, ya lets hope its doesn't get to good that way 

[spooderman]

as long as adam doesn't show up here saying "400 should hodl" then 400 should hold.

[klee]

Dump them Mavrodi! Dump them hard...

[MinermanNC]

as long as adam doesn't show up here saying "400 should hodl" then 400 should hold.

Oh oh, I'm sure he will be bopping in here any time now lol

[peonminer]

Do you guys understand that this is the MMM collapsing? Boxing Day lol

can you post links pls

https://bitcointalk.org/index.php?topic=1064374.msg13362377#msg13362377

This guy is very serious and he is Chinese. There are some screenshots from MMM accts that say in Chinese that they can't withdraw etc

Chinese FUD. I thought, there was no "central" point in MMM BTC or whatever. People send btc to each other.

Nope. They invest into MMM tokens to give to the next bag holder. MMM going GOX.

MMM model is that the participants are divided into "help" and "those who seek help," the two pair with each other, investors first to "help" status, to "help those who seek" to provide funding, then get A virtual item called "Ma Fuluo"; and 15 days later, participants can "help" status, and the new "help by" pairing sell "Ma Fuluo" cash. For affiliates, MMM most attractive place to invest in its flexible, high income, short-term cash: 60 yuan throw, get one percent interest per day, 15 days can apply for cash, up to 30 days to be out to reinvest . According to 30% interest per month rolling investment calculations, the total amount of principal and interest a year later it is about 23.3 times the original principal.

　　MMM using Bitcoin transactions, Bitcoin account MMM only one found to be exposed in trading of nearly 2.9 million bitcoins, currency according to the current 2,500 yuan each bit rough calculation, the total value of more than 7 billion yuan. China Banking Regulatory Office issued a non-office risk prompts warning MMM, saying "such a mode of operation contrary to the law of value, capital operation is difficult to maintain long-term, once the capital strand breaks, participants will face serious losses."

http://if.pedaily.cn/news/201512/20151225161296786.shtml

2.9 mil BTCitcoin flooding Huobi and OKCoin. How long will it take for MMM to unload it's . . . load?

as long as adam doesn't show up here saying "400 should hodl" then 400 should hold.

Oh oh, I'm sure he will be bopping in here any time now lol

At what price does BTC 'deep fry??!!"

i got my gf a deep fryer for xmas, i'm like

$20.16 BTCitcoin for the new year??

[mr angry]

Do you guys understand that this is the MMM collapsing? Boxing Day lol

can you post links pls

https://bitcointalk.org/index.php?topic=1064374.msg13362377#msg13362377

This guy is very serious and he is Chinese. There are some screenshots from MMM accts that say in Chinese that they can't withdraw etc

Chinese FUD. I thought, there was no "central" point in MMM BTC or whatever. People send btc to each other.

The news said the Russian MMM Ponzi froze withdrawals for a cooling off period months ago. If there's no central point then nobody could have frozen withdrawals. The Chinese MMM Ponzi continued operating until now, but what's to stop it going the way of the Russian Ponzi?

[Gianluca95]

What will happen now? What we should see in the next days? Price will be stable between 380-430$ or there will be a new rise/drop?

[fabrizio123]

5k shorts open in the last 24 h on finex, at the same time 1.1 m went long