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

[itod]

The news links below, but in Korean.
Basically 3000 people show up at Bithumb's Gangnam HQ to protest that lovely Gox style BCH candlestick from 2.85 mio KRW ($2600) to 0.25 mio KRW ($220).  The presidential palace is demanding an investigation into the incident.  Hope that Vers et al. won't get a visit from those Jopok anytime soon.  

http://biz.chosun.com/site/data/html_dir/2017/11/13/2017111302006.html
http://www.hani.co.kr/arti/economy/finance/818839.html

This was the main fiat input into BCH, without it they are doomed in a matter of hours. Would love to see some arrests on YouTube.

[Last of the V8s]

omg sybil attack
https://bitcointalk.org/index.php?action=profile;u=963205
https://bitcointalk.org/index.php?action=profile;u=963706
https://bitcointalk.org/index.php?action=profile;u=963212

sorry guize, stoolied u to the bosses

[Torque]

https://twitter.com/allenscottoshi/status/929986450241835009

....annnnnd they're gone.

[ragnar0k]

Yes I am serious. Did you read the paper? Are your reading skills that abysmal? The CEO appellation was clearly tongue-in-cheek! Jeebus Cripes! From the first page thereof: The Bitcoin Cash organization has no titles other than those which we make up for fun in the spur of the moment, or to make fun of the organizations of the old world that care for titles

I did. That is a hell of a lot of pages and newspeak (from a politician) to be tongue-in-cheek!
I think you are taking a huge leap of faith when you think that BCH has no structure internally and they are just joking given what is written in that doc. Please put the puzzle together, we have a politician here with connections to the EU that wants to be involved (tongue-in-cheek CEO) in a project to take over BTC. Does that not raise some red flags to you? If the project has not enough red flags, they talk about 'teams' of developers, yet the contributors are a handful.
Now, you want to 'fire' the core devs, fine. But if you want to do so, why the hell would you want to fork a code written by the core team?!?!?!
You will tell me this is not yet a red flag, so here is another...
Setgwit2x is not a solution. BCH is not scalable. Let's assume BCH becomes the world currency, S2X is just a bit more scalable than BTC, BCH will die and the team of engineers (mostly nicknames), have hardly proven themselves.
I can go on forever, but seems listening to guys before that this is useless, so I leave it there...

EDIT: I got scammed once, and since then I've learnt my lesson and start doing some serious investigation before throwing money around

[Searing]

The news links below, but in Korean.
Basically 3000 people show up at Bithumb's Gangnam HQ to protest that lovely Gox style candlestick from 2.85 mio KRW ($2600) to 0.25 mio KRW ($220).  The presidential palace is demanding an investigation into the incident.  Hope that Vers et al. won't get a visit from those Jopok anytime soon.  

Any news about what is happening at Bithumb? That's the korean exchange where most of the BCH trading/pumping happened I think.

 I was thinking that maybe JJG has gone to Korea to kick some ass.  Haven't seen him here since the shit show began.

Hahaha. BCH pumpers (Ver, Wu etc) got what they deserved.

what are you talking about...imho, it was a pump and dump to begin with.....they never expected BCH to take over the network..they simply used BCH to show how they
could mess up bitcoin BTC transaction speeds and back it up..to show the need for bigger blocks (in their view) and take advantage of segwit2x not going thru and bitcoin
classic going away

Hell , Jihan Wu (bitmain) has been accumulating BCH for awhile now...only taking BCH for his equip...these guys are the reason BTC has come shooting back in price..that and
other whales

THEY NEVER WERE GONNA RISK BLOWING UP THE CASH COW OF BITCOIN BTC.....

this was just a common pump and dump that whales commonly use on ALT coins...and by pushing the fork and big block size etc..the made the conditions to benifit from BTC proper
like an ALT pump

sorry to say, seems BTC got 'rolled in the hay' by her big 'suitors' slam/bam thank you ma'am ... don't let the door hit you on the ass on the walk of shame through the bitcoin frat....clothes in hand....

(live and learn ..even the great BTC can be pumped and dumped with enough whale action ..at an epic scale)

well played, well played indeed ji juan (bitmain: where evil never sleeps) (tm bitmain)

[fragout]

Bitcoin cash pump is old news. Its the Bitcoin Plus pump is where its at today

https://www.poloniex.com/exchange#btc_xbc

Btc doing gooood too.
W for the win --

[Arriemoller]

And the saga goes on.

https://bitcoin2x.org

Can't insert pic. help somebody?

Let me refrase, pic and text.

Of course, sorry. 

We are a group of rotten codswallops that plan to continue with yet another fishy, ill-advised alt fork.
Following the people with brains, we are now derping different replay protection addition to the fork to avoid hurr durr-ing your coins.
Stay tuned, stupid.

OK, better, thanks.

[Last of the V8s]

Barry Silbert is alive, has received a grand twitter welcome back and is shilling for ETC ~36 hours after its mysterious price hike.
edit o apparently there's a etc summit so fair 'nuff about the price hoik.

still, Bazza, y u so quiet re recent pathetic attacks on btc? embarrassed? feel like a failure?

[Last of the V8s]

@scottwalker99 12 hours ago
Bitcoin attack chart with analysis... @eric_lombrozo @lopp

[becoin]

Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!

[BitcoinBunny]

Say bye bye to sub $7000 BTC forever. 

[Last of the V8s]

Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!

[sirazimuth]

Beecrash be crashing....what a surprise....

[BTCMILLIONAIRE]

Beecrash be crashing....what a surprise....

Nono, it's just correcting. It's the real Bitcoin after all.

[mike4001]

Beecrash be crashing....what a surprise....

Will be interesting if it can hold USD 1000+ when Bitcoin rises above USD 7000 soon.

[Searing]

Beecrash be crashing....what a surprise....

Will be interesting if it can hold USD 1000+ when Bitcoin rises above USD 7000 soon.

My CPA said it was a taxable event ...cashing out BCH....thus ignoring it for 1 year and 1 day

hopefully, it will be treated like a stock split

IF NOT I'm gonna be very annoyed at IRS when they say I owe all that tax $$ on BCH and it is dust

there is gonna be a lot of this 'fairy dust fork coin' dropping out of the sky as BTC forks now imho, the new way to make an alt coin

slam/blam/take the money and run

[gentlemand]

Will be interesting if it can hold USD 1000+ when Bitcoin rises above USD 7000 soon.

It'll be toast in seconds.

[Torque]

Beecrash be crashing....what a surprise....

Nono, it's just correcting. It's the real Bitcoin after all.

Shills vanished too. Another surprise.

[sirazimuth]

Will be interesting if it can hold USD 1000+ when Bitcoin rises above USD 7000 soon.

It'll be toast in seconds.

Then the inevitable dead cat...

[Searing]

Beecrash be crashing....what a surprise....

Nono, it's just correcting. It's the real Bitcoin after all.

Shills vanished too. Another surprise.

The whales pushing BCH imho always knew it was not gonna replace BTC. They used it as a point to show they could slow transactions and such with BTC
and again NO WAY WOULD THEY RISK THEIR BTC MILLIONS...while showing they have power and again showing miners have clout..yet...

on the other hand, it was a 'classic NEW altcoin pump and dump' just at a bigger level

Jihan Wu of Bitmain imho, made MILLIONS on this pump and dump

get BCH at under 300 bucks say, take only BCH on your equip site...dump at 2.5k

frigging evil genius

(bitmain: evil as it was meant to be done......MASSIVELY) (tm bitmain)

edit:

meanwhile, in the other fork alternate universe bitcoin gold, BTG is at $289.69 USD.

(I mean, what a kindergarten clusterf*ck) It is like watching 5-year-olds in traffic..someone should stop it...but how w/o getting run over yourself?)