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

[babanana]

Bitfinex is running out of game play. 30M tether hack is the latest ploy they came up. If you take a step back and look at what bitfinex is doing, you can see the master trader in them. All sorts of mustery, deception, manipulation bred by them to gain advantage.

Who owns this exchange? Such greed.

[BTCMILLIONAIRE]

Bitfinex is running out of game play. 30M tether hack is the latest ploy they came up. If you take a step back and look at what bitfinex is doing, you can see the master trader in them. All sorts of mustery, deception, manipulation bred by them to gain advantage.

Who owns this exchange? Such greed.

From a good distance I'm actually fond of what is going on. It's a very intriguing plot.

But overall I'm glad that it doesn't seem to be working out as they intended.

In either case, lovely entertainment as always. There's never a boring minute around Bitcoin.

[tranquanghuy]

Apparently, Max Keiser agrees with the opinion that BCH is an attack on BTC.

[Torque]

In either case, lovely entertainment as always. There's never a boring minute around Bitcoin.

For those that care to look behind the curtain, Bitcoin has become a sort of The Truman Show. Fabricated drama and FUD, fake worries created, threatening enemies and nemeses erected, all to make sure the orchestrated pumps and dumps continue throughout the years and have "plausible reasons" behind them. Weak hands get played, strong hands get rewarded.

It's become truly comical.

[BTCMILLIONAIRE]

In either case, lovely entertainment as always. There's never a boring minute around Bitcoin.

For those that care to look behind the curtain, Bitcoin has become a sort of The Truman Show. Fabricated drama and FUD, fake worries created, threatening enemies and nemeses erected, all to make sure the orchestrated pumps and dumps continue throughout the years and have "plausible reasons" behind them. Weak hands get played, strong hands get rewarded.

It's become truly comical.

Oh yes, it has indeed. I've always had a hunch that news and media were just a theatre of distraction and going through university has just confirmed that suspicion.

Being right in the middle of the fray with Bitcoin however, does actually reveal the machinery that drives human society on a whole different level.

I'm quite glad that I've never had a habit of believing or concluding anything at any point, irrespective of how conclusive the evidence may seem.

[dalat]

You'll never see below 5k again

[True Myth]

Black Friday sale starting.  Last chance before CME futures go on sale, sending the price into the stratosphere.   Make every penny count.

So, I guess I'm not the only one secretly hoping for some massive FUD and dipping of Bitcoin in the next few days?  I've got buy orders that have not been filled for too damn long now...

[BTCMILLIONAIRE]

You'll never see below 5k again

But BTrash, the real Bitcoin is way below 5k!

[Ted E. Bare]

Black Friday discount? Sounds good.

[Torque]

True Story Time:

I was talking to a old buddy of mine the other day who is a loan officer. This is an older gentleman that has been in the business of giving out bank loans, and has been doing so for decades. Months in and out, year after year, he talks to customers about them liquidating assets or other investments as down payment on loans, and has heard them talk of liquidating pretty much every type of investment known: stock, houses, land, cars, gold, silver, collectables, equipment, etc. You name it, he's probably heard it.

But when the words "cryptocurrency" and "Bitcoin" came up in our conversation, I was shocked. He replied "Wait...crypto...currency? What's that? That's a new one on me. Is that like Euros or something?" He had never even heard of it. He had no idea what Bitcoin was. And this is a finance guy working at a lender that routinely reads financial news and such on the internet.

It just made me realize: We have SO far to go still. Such early adopters are we.

[HairyMaclairy]

I have to say $8033 is a pretty slow start to a dip.  

I think it’s time to think about our alts.  They will all suffer when Bitcoin goes stratospheric.  This coming dip might be an opportunity to get rid of any underperforming dogs.

[BTCMILLIONAIRE]

True Story Time:

I was talking to a old buddy of mine the other day who is a loan officer. This is an older gentleman that has been in the business of giving out bank loans, and has been doing so for decades. Months in and out, year after year, he talks to customers about them liquidating assets or other investments as down payment on loans, and has heard them talk of liquidating pretty much every type of investment known: stock, houses, land, cars, gold, silver, collectables, equipment, etc. You name it, he's probably heard it.

But when the words "cryptocurrency" and "Bitcoin" came up in our conversation, I was shocked. He replied "Wait...crypto...currency? What's that? That's a new one on me. Is that like Euros or something?" He had never even heard of it. He had no idea what Bitcoin was. And this is a finance guy working at a lender that routinely reads financial news and such on the internet.

It just made me realize: We have SO far to go still. Such early adopters are we.

I had a similar experience when I talked to my banker back in summer too.

Neither him nor his team had any real clue about what Bitcoin and crypto was about, although they knew that it existed.

After our talk he ended up researching it quite a bit and the next time I met him he was already hooked and extremely excited.

[Rosewater Foundation]

My real estate guy has officially put more money into bitcoin than i have. he got real quiet when i told him that

[xhomerx10]

OMG guys...TEH CRASH!!!!

The trolls suddenly appear....

...bitcoin slides....

...and trashcoins pump....

...same as it ever was...

--but then the next day---

Bitcoin starts going back up....

...trashcoins tank....

...and the trolls magically disappear from this thread again.  

Bitcoin is now at a (threeday) all-time low of less than $8000. It's time to jump the ship guys.

 

[BTCMILLIONAIRE]

Bitcoin is now at a (threeday) all-time low of less than $8000. It's time to jump the ship guys.

 

This is why I keep returning to this thread.

[Murat]

we should see $9k by NOV 30

That would be great as holding a Roller coaster is not easy !

who is pumping the BTRASH though?

[xhomerx10]

we should see $9k by NOV 30

That would be great as holding a Roller coaster is not easy !

who is pumping the BTRASH though?

 The pump seems to originate from Korea - a million B_itCH-ass coins in one day?!  Unfathomable.

[sirazimuth]

pump that BTCgold baby...  nice!

holy shit! gotta reload!!

[gentlemand]

I've been hearing of a fine man named "shitlord" who's going to zombify bitcoin today. Who is this cutie pie?

[True Myth]

we should see $9k by NOV 30

That would be great as holding a Roller coaster is not easy !

who is pumping the BTRASH though?

43% of the volume was from Bithumb Korean exchange when I checked... that should give you a hint.