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

[JayJuanGee]

Y'all know me. I am looking for a list of other BFX victims so I can go lawyer shopping. If there is already a list, I need to know where it is so I can be on it. My account was 99.9% in USD and they stole my funds to compensate gamblers holding BTC.

They told me to change my password because it might have been compromised in the hack and then they told me there was a withdrawal freeze on my account because the password had been changed recently!  This is like Gox all over again.

I need names. PM me if you are a victim of BFX.

And because this is the Wall Observer, is anybody else suspicious of the price movement prior to the BFX shutdown?  It looks like someone was trading on inside information.  This whole thing stinks like Tibane's litterbox. 

To clarify, did you have sufficient funds on Buttfinex? Actually, you were a lender of hangman's material on that exchange, so it blew up on you - my regards. Nice to see you again, tho hope things work out.

I had 0.1 BTC. The rest was in USD. Some of my funds were lent out at interest in the "funding" section, basically swaps but they don't call it that.  I was just trying to get my money out. I had withdrawn almost half before the shutdown. My dad is very sick and neither one of my parents can work while he is in treatment. I need that money.  I have to take time off work so I can take care of him during the next chemo treatment. 

I also am having a difficult time accessing my coins in cold storage. I can't upgrade my old wallet.dat file to the new format. I've been trying for weeks. Even have my own thread in the Tech support forum.

I need names of other victims. We didn't get hacked. BFX did. My funds were stolen by BFX. There was no hack of USD. If somebody breaks into a storage locker, the managers of the storage facility can't break into all the other lockers and auction off what they find to compensate the original victim. This is illegal. BFX claims I'm going to get about as much as I would if they were liquidated so I should accept their BFX token fake money IOUs. Think about that: If liquidation is the only other option, then they are tacitly admitting that they are insolvent.

A thread was created on Reddit to attempt to crowd-source information pertaining to Bitfinex - and we can see that some of their information is NOT very public.... and accordingly, it is possible that some of their agents could fairly easily disappear off the face of the earth, if they wanted to either run away with bitcoins or run away from liabilities...


https://www.reddit.com/r/Bitcoin/comment...corporate/

[Elwar]

https://www.reddit.com/r/Bitcoin/comment...corporate/

Pasted with ...

[TheHangingLog]

The price is falling again. Any reason for this?

[Denker]

A pitty we broke the triangle we were in in a downwards movement.It would have closed sunday night to monday morning.
Next resistance would be around 565.Superior bearish trend got confirmend.

[boXXer]

Yeah bit crap really. Been flat for a couple of weeks and now it's on the down.

[Denker]

The price is falling again. Any reason for this?

We had been in a downtrend since the high of $779.
And with the Finex "hack" things got even worse.
The last few days we had tested the support line of the bearish triangle we were in 4 times.
And now the 5th attempt, after a pullback, had been successful with a bearish breakthrough.
The market is bearish and traders are acting and reacting accordingly to make profits or minimize losses.That's it.

[NAMBLA Scientist, the]

Looks like 570 ain't gonna hold...

https://s3.postimg.io/mvgwucrir/Capture.gif

https://s4.postimg.io/gq9p17hgd/ahhhshort.gif

[K~Ehleyr]

Now the price is lower than I bought for last week and I can't buy any more until Tuesday.  I'm now watching helpless either way....  maybe I'll be able to snap up some bargains by Tuesday 

[Patel]

LOL I'm gonna laugh so hard when the price gradually goes down after halving.

People think it's just gonna shoot up on halving day lmao

lol!

[AlexGR]

LOL I'm gonna laugh so hard when the price gradually goes down after halving.

People think it's just gonna shoot up on halving day lmao

lol!

After halving it actually went from 635 to 670 levels, so...

[kobilica]

It crashed 20€ minutes before halving

[kobilica]

But after halving, it rose a bit higher, then the price started to go down again (and then days later... boom hack)

[TReano]

It's lovely when people try to pick bottoms in a bearish market  

[savetherainforest]

The price is falling again. Any reason for this?

Probably the last dip before the big pumps. 

[BlindMayorBitcorn]

Looks like 570 ain't gonna hold...

The world lies with the Wicked One. It's the spirit of the age.

[DARKHOLDER]

So zooming out to 1d on the chart, from 5/24, bitcoin is just looking like your typical PnD bubble that we've seen so many times before.  A blow off top, followed by long legs down.  

Looks like it could eventually deflate all the way back to ~450.  

I think so its slowly going down to healthy ground...to 400$..till next pump

400$ ... that is impossible ... maybe only if the dollar doubles its value.

Miners where complaining when it was $300-350$ that it is too low, and they said they need at least $400+ to be prosperous. Meaning that their cartel, with half of the coins they where getting then making them now to need at least $650-700$ to be relaxed and $900+ to have no worries. But considering that there will be barely 4 million more coins in the next 12 years that will be semi-easy to mine, their supply is on thin ice till mass adoption. Meaning there will be a time when they will hold all and stop selling.

Hope You are right

I trust my gut about every big life decision I take... and also I consult my shaman.  
But till now I was pretty prosperous with bitcoin so... dunno if I'm going to be wrong! For example it will probably try to dip to $500-550$ again... but I'm sure that will last less than 5-15 minutes. But I'm not sure if that will happen, because from what I see everyone is greedy and there might be no small dip before the pumping starts. I also saw that when the bullion silver market moves, bitcoin moves as well.

You are very optimistical ...400-450 is the dip....if I can load btc at 200-300 euro last sept oct all I can, think many whales do exactly the same and many of them now want more cheap btc and 400-450 is the price they let go down..but many of this year buyers think price crash and do panic sell to 400..and by the way many of miners are set in china (in some regions electricity is free) and in the former teritory of the Russian Federation where electricity is very cheap..

[JimboToronto]

Good morning Bitcoinland.

Down $10 overnight. Barely worth mentioning.

Ahhh. The "good" old summertime.

[TheHangingLog]

Looks like a mini-trend-reversal, up to $571.84?

Maybe not... O well, moar cheap coinz for me.

[aztecminer]

Now the price is lower than I bought for last week and I can't buy any more until Tuesday.  I'm now watching helpless either way....  maybe I'll be able to snap up some bargains by Tuesday 

bitcoin is on its way down! bears are having their way while no longs on BFX to prop up the price.. downtrend will pick up momentum as everyone realizes that BFX hack is not over and is mtgox x 2! .... get ready for $180 bitcoin!

[talkingleaves]

Now the price is lower than I bought for last week and I can't buy any more until Tuesday.  I'm now watching helpless either way....  maybe I'll be able to snap up some bargains by Tuesday 

bitcoin is on its way down! bears are having their way while no longs on BFX to prop up the price.. downtrend will pick up momentum as everyone realizes that BFX hack is not over and is mtgox x 2! .... get ready for $180 bitcoin!

you short? or fud-ing?