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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 26381451 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.)
noobtrader
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August 16, 2016, 03:52:29 PM

Good morning Bitcoinland.

$580 on BitcoinAverage. That pretty much corrects the small dip of the last 2 days.

Back to sideways?

nonsense... teh NSA will buy alot of coin soon... 1000 usd soon  Wink
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kobilica
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August 16, 2016, 03:56:36 PM

NSA won't buy coins, this is pure non sense. 1 million bitcoins? Are you for real.

What we are experiencing, just maybe is return of optimism and effect of halving. Mining difficulty has reached all times high, remember?
LFC_Bitcoin
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August 16, 2016, 04:04:27 PM

NSA won't buy coins, this is pure non sense. 1 million bitcoins? Are you for real.

What we are experiencing, just maybe is return of optimism and effect of halving. Mining difficulty has reached all times high, remember?

Return of optimism I think, we won't experience the true effects of the halving for a little while yet.
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August 16, 2016, 04:05:59 PM

Welp, you guys are essentially guaranteed a pump for the next 6 days. 

Buy now and enjoy the ride.

http://bitcoin-news.online/us-authorities-sell-1-6-million-bitcoin/#.V7IKaa3TQJY.reddit
kobilica
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August 16, 2016, 04:07:54 PM

How can 1.6 millions $ or 2700 BTC affect the market?  This ammount of volume is traded in one minute on big exchanges  Huh
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August 16, 2016, 04:15:40 PM

NSA won't buy coins, this is pure non sense. 1 million bitcoins? Are you for real.

What we are experiencing, just maybe is return of optimism and effect of halving. Mining difficulty has reached all times high, remember?

Don't forget they already have 1 million coins because they created Bitcoin. I think they'd probably want a better reason to part with them, though. Like a really enormous pile of weed.
kobilica
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August 16, 2016, 04:21:43 PM

NSA didn't create Bitcoin.
gentlemand
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August 16, 2016, 04:23:23 PM

NSA didn't create Bitcoin.

That's what They WANT you to think. In fact how much were you just paid to write that? I would've demanded block number 9 for it.
kobilica
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August 16, 2016, 04:24:35 PM

Before you claim such things, you need proof. NSA did a lot of things but I strongly doubt Bitcoin was one of their inventions.
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August 16, 2016, 04:28:51 PM

Before you claim such things, you need proof. NSA did a lot of things but I strongly doubt Bitcoin was one of their inventions.

Obviously, why the hell would the NSA actively try to help people avoid government taxes & make anonymous money transfers.

I highly doubt that the NSA had anything to do with the invention & continued development of bitcoin.
kobilica
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August 16, 2016, 04:34:20 PM

Only connection it has is that people working in NSA are cryptography experts.. but so are lots of academics working in FinTech, Database programming, IT Security experts.. Mathematicians ...
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August 16, 2016, 04:41:40 PM

Slight relief in the ridiculous drop in price we've been experiencing since Bitfinex fucked everything up for us.
According to Stamp we're actually up nearly $10 in the daily change.

Onwards & upwards.
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August 16, 2016, 04:42:27 PM

How can 1.6 millions $ or 2700 BTC affect the market?  This ammount of volume is traded in one minute on big exchanges  Huh

Because the pumpers are all about screwing over every single auction winner, by pushing the market price as high as possible to the day of the auction. Go back and look at all the other prior auction days, there's been a pre-auction pump like clockwork.
kobilica
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August 16, 2016, 04:45:22 PM

true but... auctions also had much more bitcoins.
Meuh6879
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August 16, 2016, 04:50:26 PM

NSA didn't create Bitcoin.

MK Ultra is not a branch of the NSA ... after all.

gentlemand
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August 16, 2016, 04:59:05 PM

Because the pumpers are all about screwing over every single auction winner, by pushing the market price as high as possible to the day of the auction. Go back and look at all the other prior auction days, there's been a pre-auction pump like clockwork.

Tim Draper's result aside, we don't know what prices any of the other auctions fetched. We did hear from unsuccessful bidders and the gist seemed to be they were lowballing quite significantly.

Still, exchanges intentionally screwing the bidders is kind of fun.
Syke
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August 16, 2016, 05:03:52 PM

Obviously, why the hell would the NSA actively try to help people avoid government taxes & make anonymous money transfers.

You only *think* bitcoin is anonymous.
kobilica
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August 16, 2016, 05:03:56 PM

NSA didn't create Bitcoin.

MK Ultra is not a branch of the NSA ... after all.



MK Ultra was evil research group, that researched psychology of human. It was not math related research group.
kobilica
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August 16, 2016, 05:05:07 PM

Obviously, why the hell would the NSA actively try to help people avoid government taxes & make anonymous money transfers.

You only *think* bitcoin is anonymous.

True, it's not.
Denker
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August 16, 2016, 05:30:22 PM

Before you claim such things, you need proof. NSA did a lot of things but I strongly doubt Bitcoin was one of their inventions.

I can not believe this as well.
Bitcoin goes against everything, governments and any agency in the world is looking for.
I mean how should they benefit from a decentralized network where they have absolutely no control about the individual users and much more important about their money?!

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