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

[york780]

It's going to crash and let me tell you why. Satoshi Nakamoto is going to see the price at bitfinex and poloniex and he is going to sell.

Satoshi Nakamoto... the first Tether billionaire?  I dunno.. even Satoshi probably doesn't want anything to do with usdt right now.

Can someone explain what happened with Tether? , -4% lol.
Tether wants to be stable right?
I really missed out on this one, its related to Bitfinex right?

[Instamined]

It's going to crash and let me tell you why. Satoshi Nakamoto is going to see the price at bitfinex and poloniex and he is going to sell.

Satoshi Nakamoto... the first Tether billionaire?  I dunno.. even Satoshi probably doesn't want anything to do with usdt right now.

Can someone explain what happened with Tether? , -4% lol.
Tether wants to be stable right?
I really missed out on this one, its related to Bitfinex right?

Kraken is offering 2x leverage usdt/usd so expect it to keep falling.


I'm amazed USDT lasted as long as it did but the writing is on the wall.

[harrymmmm]

But everybody already knows bitcoin doesn't work the way salesmen like Antonopolous claim it does, so without further ado, you can stop watching Antonopolous propaganda and view the full one hour Richard Spencer Q&A at Auburn Univ:

https://www.youtube.com/watch?v=g1JJA6UiEio

Just so noone else wastes their time scanning thru this video, it contains NO mention of bitcoin at any point.

[kludzins]

so no one has any idea why we dipped? well ok then.

-bitfinex cold storage decrease
-weekend
-litecoin fomo
-BU blocks increase
-twitter message
-brain error


Pick one please

As always - brain error and litecoin fomohype 

[york780]

It's going to crash and let me tell you why. Satoshi Nakamoto is going to see the price at bitfinex and poloniex and he is going to sell.

Satoshi Nakamoto... the first Tether billionaire?  I dunno.. even Satoshi probably doesn't want anything to do with usdt right now.

Can someone explain what happened with Tether? , -4% lol.
Tether wants to be stable right?
I really missed out on this one, its related to Bitfinex right?

Kraken is offering 2x leverage usdt/usd so expect it to keep falling.


I'm amazed USDT lasted as long as it did but the writing is on the wall.

Thanks.
But I wonder why Kraken does this.
They hate Tether?

[becoin]

It's going to crash and let me tell you why. Satoshi Nakamoto is going to see the price at bitfinex and poloniex and he is going to sell.

Satoshi Nakamoto... the first Tether billionaire?  I dunno.. even Satoshi probably doesn't want anything to do with usdt right now.

Can someone explain what happened with Tether? , -4% lol.
Tether wants to be stable right?
I really missed out on this one, its related to Bitfinex right?

Kraken is offering 2x leverage usdt/usd so expect it to keep falling.


I'm amazed USDT lasted as long as it did but the writing is on the wall.

The writing on the wall says "Look ma, what happened to Liberty Dollar"?
Banking oligopoly in collaboration with the deep state will crash if they can any competitor to the official fed currency.

On March 18, 2011, von NotHaus was convicted of "making, possessing and selling his own coins", after a jury in Statesville, North Carolina deliberated for less than two hours.[27] The jury found him guilty of one count under 18 U.S.C. § 485 and 18 U.S.C. § 2, one count of violating 18 U.S.C. § 486 and 18 U.S.C. § 2, and one count of conspiracy, under 18 U.S.C. § 371, to violate sections 485 and 486.[28] He faces up to 15 years in prison, a $250,000 fine, and may be forced to give $7 million worth of minted coins and precious metals to the government, weighing 16,000 pounds

[European Central Bank]

there's money to make. no exchange is anyone or  anything's friend.

[york780]

It's going to crash and let me tell you why. Satoshi Nakamoto is going to see the price at bitfinex and poloniex and he is going to sell.

Satoshi Nakamoto... the first Tether billionaire?  I dunno.. even Satoshi probably doesn't want anything to do with usdt right now.

Can someone explain what happened with Tether? , -4% lol.
Tether wants to be stable right?
I really missed out on this one, its related to Bitfinex right?

Kraken is offering 2x leverage usdt/usd so expect it to keep falling.


I'm amazed USDT lasted as long as it did but the writing is on the wall.

The writing on the wall says "Look ma, what happened to Liberty Dollar"?
Banking oligopoly in collaboration with the deep state will crash if they can any competitor to the official fed currency.

On March 18, 2011, von NotHaus was convicted of "making, possessing and selling his own coins", after a jury in Statesville, North Carolina deliberated for less than two hours.[27] The jury found him guilty of one count under 18 U.S.C. § 485 and 18 U.S.C. § 2, one count of violating 18 U.S.C. § 486 and 18 U.S.C. § 2, and one count of conspiracy, under 18 U.S.C. § 371, to violate sections 485 and 486.[28] He faces up to 15 years in prison, a $250,000 fine, and may be forced to give $7 million worth of minted coins and precious metals to the government, weighing 16,000 pounds

Jeez !
Thanks for the info.
Dont know what to say.

[JayJuanGee]

This is very weird.

It's the first time that, being so close to ATH, the thread is not full of rocket pictures and moon posts... In fact, I haven't seen any.

Bullish?

We're nowhere near an ATH. We're over $100 away.

Surely you're not counting Bitfinex. Their price means nothing. Haven't you been following the news about their bank transfer woes?

Jimbo -

I know that there are various ways to talk about all time high, including talking about spikes in price; however, the daily weighted average seems to be a lot more solid indicator regarding overall BTC prices and where we are at.

I also know that you follow the daily weighted average thread, and in that regard, we all realize that bitcoin prices are in a substantially high place, historically.

https://bitcointalk.org/index.php?topic=138109.msg18689717;topicseen#msg18689717

Sure, daily weighted average prices are not as exciting as a spike or a pump, but seems to me that some kind of rocket is happening.

Maybe we call it a train rather than a rocket - a slow moving and progressive upwards movement.. ?

What do we call it, I don't know - but I don't think that we should be quibbling about the fact that we are UP and we are really UP.. and this is as close to UP as we can reasonably expect, no?  8th place ATH today..

What is the appropriate image?

[monsanto]

Happy days, the price is creeping up. Whilst nothing overly exciting (long term) a successful assault on $1300 would feel good.

As for BFX, they've had so many problems over the last year or two. I have no idea why people were still willing to leave bitcoin's or USD there. So many warnings but people continued to use them. Fuckinh stupid if you ask me.

Interestingly, bitfinex's determination to fix their problems (bfx tokens) makes them come across as honestly trying. Why would an exchange suddenly act maliciously and fleece everybody, when they have worked hard to make up for their past technical and financial issues? Then again, Gox had (and tried to fix?) problems before the big heist.

When you play with fire, you can get burnt. You can also cook a great steak.

I have been pondering this a bit too.

My dollar situation on Bitfinex is a bit strange.

In August 2016, just like everyone else who held value on Bitfinex, about 36% of my value on Bitfinex was socialized into BFX tokens, and over about 7 months those BFX tokens were slowly reimbursed.. maybe around 10% of them were reimbursed into dollars between September 2016 and March 2017, even though bitcoin prices doubled during that time.

So, yeah there ended up being opportunity costs to have had value tied up in BFX tokens, but then April 3, Bitfinex reimbursed 100% of all of the then outstanding BFX tokens, which caused my account to have a larger percentage of dollars in the account.

Thereafter, when the bank account drama developed and therefore BTC price disparities, it became less feasible to buy bitcoins with dollars on Bitfinex because the price of bitcoins on Bitfinex turned into about a 5-8% premium.

And, again the price disparity that conveniently came after they had redeemed all BFX tokens seems like another opportunity for insiders on Bitfinex to game the system.

Sure, I don't really want to read malice into coincidences and/or incompetence, but sometimes the longer that the disparity exists, the more opportunities seem to exist for insiders to exploit and make appearances as one thing when other things are going on (isn't that smoke and mirrors?).
 
I guess that I am saying that the situation can become a bit more irritating, when you might hold value there and then you recognize these little ways in which your value is potentially being undermined and/or manipulated in ways that are really difficult to prove.

Again, I am not really much of any kind of conspiracist, but these coincidental disparities continue to cause concerns.

I'm with you on this one.. I want to believe but the timing of the 100% token redemption is so suspicious. Apparently their bitcoin reserves have stopped their drop over the last 24 hours, so maybe it could still end well 

[JayJuanGee]

Happy days, the price is creeping up. Whilst nothing overly exciting (long term) a successful assault on $1300 would feel good.

As for BFX, they've had so many problems over the last year or two. I have no idea why people were still willing to leave bitcoin's or USD there. So many warnings but people continued to use them. Fuckinh stupid if you ask me.

Interestingly, bitfinex's determination to fix their problems (bfx tokens) makes them come across as honestly trying. Why would an exchange suddenly act maliciously and fleece everybody, when they have worked hard to make up for their past technical and financial issues? Then again, Gox had (and tried to fix?) problems before the big heist.

When you play with fire, you can get burnt. You can also cook a great steak.

I have been pondering this a bit too.

My dollar situation on Bitfinex is a bit strange.

In August 2016, just like everyone else who held value on Bitfinex, about 36% of my value on Bitfinex was socialized into BFX tokens, and over about 7 months those BFX tokens were slowly reimbursed.. maybe around 10% of them were reimbursed into dollars between September 2016 and March 2017, even though bitcoin prices doubled during that time.

So, yeah there ended up being opportunity costs to have had value tied up in BFX tokens, but then April 3, Bitfinex reimbursed 100% of all of the then outstanding BFX tokens, which caused my account to have a larger percentage of dollars in the account.

Thereafter, when the bank account drama developed and therefore BTC price disparities, it became less feasible to buy bitcoins with dollars on Bitfinex because the price of bitcoins on Bitfinex turned into about a 5-8% premium.

And, again the price disparity that conveniently came after they had redeemed all BFX tokens seems like another opportunity for insiders on Bitfinex to game the system.

Sure, I don't really want to read malice into coincidences and/or incompetence, but sometimes the longer that the disparity exists, the more opportunities seem to exist for insiders to exploit and make appearances as one thing when other things are going on (isn't that smoke and mirrors?).
 
I guess that I am saying that the situation can become a bit more irritating, when you might hold value there and then you recognize these little ways in which your value is potentially being undermined and/or manipulated in ways that are really difficult to prove.

Again, I am not really much of any kind of conspiracist, but these coincidental disparities continue to cause concerns.

I'm with you on this one.. I want to believe but the timing of the 100% token redemption is so suspicious. Apparently their bitcoin reserves have stopped their drop over the last 24 hours, so maybe it could still end well 

They should have an easier time pulling a rabbit out of this hat, as compared with the one in August 2016...

But sometimes when us regular people don't really know all the circumstances, we can find out that more shenanigans were taking place than we had anticipated.. then we have another GOXing... which I would hate to think that bitfinex is anywhere near that level of messed up, yet.

[r0ach]

But everybody already knows bitcoin doesn't work the way salesmen like Antonopolous claim it does, so without further ado, you can stop watching Antonopolous propaganda and view the full one hour Richard Spencer Q&A at Auburn Univ:

https://www.youtube.com/watch?v=g1JJA6UiEio

Just so noone else wastes their time scanning thru this video, it contains NO mention of bitcoin at any point.

There was a mention of the Mises institute.

[boyshx]

Almost 120$ difference between the price at finex and the price at btc e right now

[bitebits]

Almost 120$ difference between the price at finex and the price at btc e right now

Strange since I thought BTC-E had issues withdrawing USD as well?

[European Central Bank]

Strange since I thought BTC-E had issues withdrawing USD as well?

don't they have multiple methods of moving usd? they do visa cards as well and all the fiat is moved by third parties so maybe some aren't going through taiwan. but btc-e is a seriously weird place anyway.

and for more price weirdness check the chinese prices. there's nearly a $300 spread between there and bitfinex.

[lightfoot]

Who would ever want to trade Bitcoins for dollars?

[york780]

Who would ever want to trade Bitcoins for dollars?

Litecoin fanatics.

[bitebits]

Who would ever want to trade [your] Bitcoins for dollars?

The taxman.

[monsanto]

Who would ever want to trade [your] Bitcoins for dollars?

The taxman.

Too bad for them though, since we weren't trading them for dollars.. we we're trading them for tulips.. err .. tethers.

Total Supply
64,950,871 USDT

seen here a field of 65 million tethers growing in their natural environment:



that should take care of any pesky auditing issues 

[york780]

When they are all pessimistic, you know that the FUD is doing their job. Guys Tehter has been consolidating for quite a while now and the last weak hands has been shaken out. I expect a Tether pump to 10 USD this week! It has the most stable pattern that I have ever seen! Really nice consolidation and the fundamentals are great!