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

[bones261]

Early Monday morning in Japan and we get greeted with a big dump.  I suppose Kobayashi has nothing to do with this, but he's convenient to blame. 

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[jojo69]

yeah

fuck Kobayashi

[BTCMILLIONAIRE]

For years now I keep reading "...when Bitcoin takes off.." or "...in the future, Bitcoin will become...."

It has already taken off.

We are living it.

The future of Bitcoin is here, and now.

If you would consider the internet to be "here and now" around 10-20 years ago, then I'd agree. So far Bitcorns are still very much fringe. Everybody knows they exist but nobody really knows what the fuck it is. Who knows how quickly we'll snowball into mainstream usage though. With progress accelerating we might actually end up buying coffee with Bitcoins in the early 2020s.

[HairyMaclairy]

For the record, I have bought both coffee and sandwiches with Bitcoin.  Yes fees did become an issue, particularly with online wallets that did not allow custom fees to be set and skimmed profit off the top of the fees.  I'm looking at you, Bread. 

Looking forward to lightning for regular consumers.  The real jump will happen when we have an IOS wallet that runs lightning for every day users.  I imagine that's still about a year away.

[Last of the V8s]

Empires come and go. 40 mins until the petro-yuan

https://www.bloomberg.com/news/articles/2018-03-25/china-s-oil-futures-are-finally-here-what-you-need-to-know

[pacman7331]

yeah

fuck Kobayashi

Seriously is bitcoin ever gonna get past Mt Gox? How can these assholes still have btc? Who the fuck let that happen? 

[bones261]

yeah

fuck Kobayashi

Seriously is bitcoin ever gonna get past Mt Gox? How can these assholes still have btc? Who the fuck let that happen? 

I really have no proof that Kobayashi had anything to do with this latest dump. I just want to blame him since the biggest red 15 minute candle just happened to occur at about 7:45am-8:00am Japan time, Monday morning. Could have been any asshole bear whale who got this going. Could be Spoofy's fault.

[HairyMaclairy]

Ok, if we don't immediately pull up we will enter the top ranges of the Swamps of Anger.  

[Ivor Biggun]

yeah

fuck Kobayashi

Seriously is bitcoin ever gonna get past Mt Gox? How can these assholes still have btc? Who the fuck let that happen? 

I really have no proof that Kobayashi had anything to do with this latest dump. I just want to blame him since the biggest red 15 minute candle just happened to occur at about 7:45am-8:00am Japan time, Monday morning. Could have been any asshole bear whale who got this going. Could be Spoofy's fault.

Didn't someone set up a website to monitor the gox coins for movement?

[pacman7331]

For the record, I have bought both coffee and sandwiches with Bitcoin.  Yes fees did become an issue, particularly with online wallets that did not allow custom fees to be set and skimmed profit off the top of the fees.  I'm looking at you, Bread.  

Looking forward to lightning for regular consumers.  The real jump will happen when we have an IOS wallet that runs lightning for every day users.  I imagine that's still about a year away.

Been waiting for this... bitcoin needs real world use.

I think its coming soon.

[bones261]

yeah

fuck Kobayashi

Seriously is bitcoin ever gonna get past Mt Gox? How can these assholes still have btc? Who the fuck let that happen?  

I really have no proof that Kobayashi had anything to do with this latest dump. I just want to blame him since the biggest red 15 minute candle just happened to occur at about 7:45am-8:00am Japan time, Monday morning. Could have been any asshole bear whale who got this going. Could be Spoofy's fault.

Didn't someone set up a website to monitor the gox coins for movement?

Guess that I am placing blame on the wrong entity. No coins moved recently according to the web page.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Ok, if we don't immediately pull up we will enter the top ranges of the Swamps of Anger.  

I already feel that I've been wading in the muck and mire since December.

[Searing]

yeah

fuck Kobayashi

Seriously is bitcoin ever gonna get past Mt Gox? How can these assholes still have btc? Who the fuck let that happen?  

Yeah, 1.5 billion USD in BTC to dump to get mt. gox out of liquidation ...IMHO that all has to hit this year...I can't see with permission to sell BTC to wrap this up the

liquidators are gonna be doing this into next year...the whole purpose of a liquidation on a bankruptcy is to dump get as much USD as possible and out with your fee...

but they seem to be doing it in the most KLUTZ way possible...so if they dump it all or just plain in a wrong manner ..we could easily be back to 2k btc

so yeah, everything else about mt. gox was a complete cluster why should this part be any different


as stated above, no coins moved from mt. gox recently...but if BTC dumps down to 7k say...I bet we see dumping (it is how he has rolled in the past..dumps on the lows and

makes them lower)

[HairyMaclairy]

They said they sold OTC without announcing to the market first.  If you take US$300 million out of the market, the market is going to feel it.  Crypto is too thinly traded at the moment to absorb that sort of selling pressure no matter how it is done. 

[pacman7331]

Ok, if we don't immediately pull up we will enter the top ranges of the Swamps of Anger.  

82-8300 should hold. If we get a pump afterwards maybe the death cross can be avoided if we can stay at 10k.

If these Mt Gox guys are responsible for this insane crash lie they were in 2013 they ought to be sued for damages and locked up. Thats the regulation I support!

[bones261]

Ok, if we don't immediately pull up we will enter the top ranges of the Swamps of Anger.  

82-8300 should hold. If we get a pump afterwards maybe the death cross can be avoided if we can stay at 10k.

If these Mt Gox guys are responsible for this insane crash lie they were in 2013 they ought to be sued for damages and locked up. Thats the regulation I support!

The bankruptcy makes Mt Gox immune to further civil damages. Now it is in the hands of the Bankruptcy court to liquidate the assets and distribute them. Karpeles trial is still pending. I suspect that he won't be getting much jail time if convicted. I suspect that all of the extra proceeds from the liquidation will end up in the nation of Japan's coffers after a huge fine is imposed.

[Rosewater Foundation]

Got my finger on the trigger. Where's that gay cowboy? I need moral support!

[jojo69]

Don't do it mayor

you have people that love you

[Rosewater Foundation]

Don't do it mayor

you have people that love you

Those people wouldn't want me spending my golden years eating cat food..

[marcus_of_augustus]

3 stages of GOXxed

GOX

GOX: Gag Order Desperation

GOX: Kobayashi's Redemption

[marcus_of_augustus]

... don't forget to open up and let FaceSpook into your life ... and all your friend's lives too.

Data-rape is now available for everybody, not just the 'conspiracists'. Let's be real, FaceSpook is a govt.-backed surveillance and intelligence black-op masquerading as a global tech. corporation.