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

[mindrust]

If they print money to keep the btc price low, then we print tether and buy more bitcoins. Get rekt.

That's what MtGox did.

I think that's not exactly what GoX did. As far as i know there wasn't any tethers around at that time.

[Torque]

If they print money to keep the btc price low, then we print tether and buy more bitcoins. Get rekt.

That's what MtGox did.

I think that's not exactly what GoX did. As far as i know there wasn't any tethers around at that time.

During the '13/'14 downturn, there was just constant dumping. Thousands and thousands of coins, over such long months of non-stop dumping. It baffled everyone. Then later when it was revealed that Mt. Gox had been hacked two years earlier and was insolvent, I suddenly realized where all those mystery coins were coming from.

In hindsight, Mt. Gox getting hacked and shut down was the best thing that could have happened to the longevity of the Bitcoin market. Just imagine if the hackers still had all of those hundreds of thousands of coins that they dumped back then. This rally downturn would be getting so much more rekt right now.

[Ibian]

In-person trading is getting pretty wack. The higher the price goes the more people wanna buy. I'm looking at 2-3 normal salaries these past few months, for nothing more than some ten-minute meetings. Never could have imagined this back when I started doing it.

[Torque]

Every asset is in a bubble. Ok, PMs are rather stagnant the last 5 years  

I wonder how GS thinks about this ‘everything bubble’ thesis  

True. Good buying op if you like PMs. I sometimes buy a little here and there for insurance, not an investment.

Commodities adjusted for historical inflation are also undervalued right now.

I wonder how GS thinks about this ‘everything bubble’ thesis  

Well, since they helped create it...  

[Lopumbo]

I think that's not exactly what GoX did. As far as i know there wasn't any tethers around at that time.

That's what they did - federal reserve banking including massive price manipulation through bots

[becoin]

Biggest bubbles of our time are the dollar, the euro, the yen, and the likes. Nothing measured in fiat is a bubble!

[mymenace]

If they print money to keep the btc price low, then we print tether and buy more bitcoins. Get rekt.

That's what MtGox did.

I think that's not exactly what GoX did. As far as i know there wasn't any tethers around at that time.

During the '13/'14 downturn, there was just constant dumping. Thousands and thousands of coins, over such long months of non-stop dumping. It baffled everyone. Then later when it was revealed that Mt. Gox had been hacked two years earlier and was insolvent, I suddenly realized where all those mystery coins were coming from.

In hindsight, Mt. Gox getting hacked and shut down was the best thing that could have happened to the longevity of the Bitcoin market. Just imagine if the hackers still had all of those hundreds of thousands of coins that they dumped back then. This rally downturn would be getting so much more rekt right now.

the thieves are very active

mt gox, cryptsy, btc-e, bitconnect - aleady hacked and completed

numerous scam coins, mining scams (BFL)  etc etc etc

which exchange is next

coinbase, bittrex?

who are the thieves

could it be Roger Ver, alphabet organisations, Sonny Vleisides, Mark karpeles, Paul Vernon, Marshall Long, Leroy Fodor etc etc etc


i can quarantine this, the thievery it is still happening, on a large scale

[Karartma1]

Who sodl at the bottom? Ztay wins the prize today

Ok I sold some. My sacrifice to the sharks. Price will go up now. I have excellent record for selling the bottom.

Thanks for the 12% rise!

We do appreciate your help, ztay. But politeness apart, next time just hodl, will you?

On a different note, but not too much, I wanted to remind all of you who correctly picked the Real Bitcoin ATH of 2017
mattimann https://bitcointalk.org/index.php?topic=178336.msg21896560#msg21896560

[mymenace]

Who sodl at the bottom? Ztay wins the prize today

Ok I sold some. My sacrifice to the sharks. Price will go up now. I have excellent record for selling the bottom.

Thanks for the 12% rise!

We do appreciate your help, ztay. But politeness apart, next time just hodl, will you?

On a different note, but not too much, I wanted to remind all of you who correctly picked the Real Bitcoin ATH of 2017
mattimann https://bitcointalk.org/index.php?topic=178336.msg21896560#msg21896560

they were not the only one

https://www.tradingview.com/chart/BTCUSD/3RjQGYZp-No-resistance-till-15000-when-3500-will-break-up/

as well prediction over 50000 this year

[rezurect007]

https://stripe.com/blog/ending-bitcoin-support

https://www.coindesk.com/microsoft-hyperledger-un-join-blockchain-identity-initiative/

[rafanadal]

short lived pump

[jojo69]

DOOM

[J. Cooper]

which exchange is next

coinbase, bittrex?

who are the thieves

The folks over at Coinbase can already be considered as thieves. The amount of apparently 'lost' wire transfers to coinbase that I've seen on reddit this year already and last year as well is disturbing. Some are still pending since october/november-ish and still nothing to this day. No support from coinbase whatsoever. How are these guys still in business after everything that has happened?

[d_eddie]

I'll try the homespun solution, install docker and all.

I'd be interested in your Internet bandwidth consumption, should you be wiling to share.

I will post some data, but don't hold your breath. I'll need some free time to install the thing - starting with Docker - and some more to figure out how to measure LN's bandwitdh tax unbundled from bitcoind's base requirements. Got any suggestions?

I dunno.... filter a wireshark dump of all port 8333 traffic? Wild speculation. I don't know how LN comms are routed within the host networking layer.

I was hoping not to have to install special instrumentation like wireshark. Well, when I get to that I'll do what I have to.
BTW, 8333 is for bitcoind. LN uses a different port (can't recall right now).

No need to install any additional package. You can utilize iptables as shown there: https://unix.stackexchange.com/a/398176

Thanks for the tip. Bookmarked for later reference.

[Deeyoh]

DOOM

It's all fun and games until someone breaks out the BFG 9000.  haha

[mymenace]

which exchange is next

coinbase, bittrex?

who are the thieves

The folks over at Coinbase can already be considered as thieves. The amount of apparently 'lost' wire transfers to coinbase that I've seen on reddit this year already and last year as well is disturbing. Some are still pending since october/november-ish and still nothing to this day. No support from coinbase whatsoever. How are these guys still in business after everything that has happened?

also under investigation for cryptsy hack and their own investigation to recent insider trading

[serveria.com]

short lived pump

Why you're being so negative Rafa? I know you suffered an injury and had to withdraw from AO earlier today but that's not a reason to be mad at BTC   

[rafanadal]

short lived pump

Why you're being so negative Rafa? I know you suffered an injury and had to withdraw from AO earlier today but that's not a reason to be mad at BTC   

Lol, yeah this has been a horrible day

[mancroofer]

which exchange is next

coinbase, bittrex?

who are the thieves

The folks over at Coinbase can already be considered as thieves. The amount of apparently 'lost' wire transfers to coinbase that I've seen on reddit this year already and last year as well is disturbing. Some are still pending since october/november-ish and still nothing to this day. No support from coinbase whatsoever. How are these guys still in business after everything that has happened?

also under investigation for cryptsy hack and their own investigation to recent insider trading

Cant afford a decent support team despite over $1b in revenue last year.

https://cointelegraph.com/news/coinbase-overshoots-2017-revenue-goal-by-66-making-1-bln-rejects-further-vc-funding

[jojo69]