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

[JorgeStolfi]

Bogart Pediatric 2009 Wine Aficionado Dinner
Bogart Pediatric 2010 Wine Aficionado Dinner

For those who did not recognize the people in the photos above, that I posted here on 2014-06-10, some basic info:
Wired article about Brock Pierce's previous venture IGE, from 2008:
http://archive.wired.com/gaming/virtualworlds/magazine/16-12/ff_ige
Video of talk by Autumn Radtke on virtual currency trading:
https://www.youtube.com/watch?v=GzVxRmvipVY
Local news article on Autumn Radtke's death:
http://news.asiaone.com/news/singapore/cleaning-supervisor-who-found-body-dead-ceo-there-was-foul-smell

Brock Pierce seems connected to the Chinese suppliers of KnC, not sure how.  He may also have been part of the group who was sought by Mark Karpelès as possible MtGOX buyer, shortly before he declared bankruptcy.  Sunlot is now trying to buy the corpse of MtGOX, including the remaining 220'000 BTC, for 1 BTC (and thus stop its liquidation by Japanese courts, and thus make it less likely that there will be a police investigation of the collapse).  Under the proposal, those 220'000 coins, minus some expenses, will be distributed to the former clients BUT they will remain frozen in the new MtGOX for a year.  Sunlot already made a deal with the MtGOX clients who were suing Mark in the US to retract their lawsuit, promised immunity to McCaleb and Gay-Bouchery, and intends to consider former MtGOX management on par with other clients if and when they distribute the remaining coins.  BP was recently elected to the board of The Bitcoin Foundation with the help of KnC, which had just joined the Foundation.

Autumn Radtke was a very close friend of BP until 2010 at least.  By early 2014 she was CEO of First Meta, a company based in Singapore that traded virtual currencies of various kinds, such as game points and (planned) airline bonus miles.  First Meta did not sell crypto, but she was a bitcoin fan, having invested in the currency and convinced others to invest. She had struck a deal between First Meta and GoCoin, a Bitcon/Litecoin payment processor co-owned by BP, whose office was a rented room in her home.  GoCoin's CEO Steve Beauregard was the last person to see her alive.  On the morning of Feb/26 her body was found by a cleaning staff worker near the base of a 22 story building, not far from her 3-story home.  It could be a suicide, but AFAIK no plausible motive has been advanced that could have led her to that.  It has been claimed that GoCoin had had some coins in MtGOX, and she died after Mark halted withdrawals (Feb/07) and sought Sunlot for possible acquisition  (Feb/??), and a few days before the filing for bankruptcy on Feb/28.

For those interested, user @Phinnaeus_Gage (the user with most posts to bitcointalk.org) and a few others did some sleuthing about the case: https://bitcointalk.org/index.php?topic=628000.0  (You better grab a few rolls of tinfoil.)

[1715166530]

1715166530

[1715166530]

1715166530

[Habeler876]

someone can explain the low volume + price rise?

Bullish consolidation. We broke the short term down trend and are now consolidating, with bulls IMO getting more and more confident in the current level. I see a lot of support building down to the 3750 level on Huobi.

[ihaveaquestion]

someone can explain the low volume + price rise?

everybody waiting for the auction. Low volume for this week until Friday and then huge volume this week-end seems a safe bet to me.

[HarHarHar9965]

Huobi dumping just a litttttle bit. Not enough to get anything started IMO.

[ShroomsKit]

The week starts with people dumping? Really?

[ShroomsKit]

Huobi dumping just a litttttle bit. Not enough to get anything started IMO.

They're dumping 1000's. Any moment now and Stamp will totally panic.

[nanobrain]

Bogart Pediatric 2009 Wine Aficionado Dinner
Bogart Pediatric 2010 Wine Aficionado Dinner

For those who did not recognize the people in the photos above, that I posted here on 2014-06-10, some basic info:
Wired article about Brock Pierce's previous venture IGE, from 2008:
http://archive.wired.com/gaming/virtualworlds/magazine/16-12/ff_ige
Video of talk by Autumn Radtke on virtual currency trading:
https://www.youtube.com/watch?v=GzVxRmvipVY
Local news article on Autumn Radtke's death:
http://news.asiaone.com/news/singapore/cleaning-supervisor-who-found-body-dead-ceo-there-was-foul-smell

Brock Pierce seems connected to the Chinese suppliers of KnC, not sure how.  He may also have been part of the group who was sought by Mark Karpelès as possible MtGOX buyer, shortly before he declared bankruptcy.  Sunlot is now trying to buy the corpse of MtGOX, including the remaining 220'000 BTC, for 1 BTC (and thus stop its liquidation by Japanese courts, and thus make it less likely that there will be a police investigation of the collapse).  Under the proposal, those 220'000 coins, minus some expenses, will be distributed to the former clients BUT they will remain frozen in the new MtGOX for a year.  Sunlot already made a deal with the MtGOX clients who were suing Mark in the US to retract their lawsuit, promised immunity to McCaleb and Gay-Bouchery, and intends to consider former MtGOX management on par with other clients if and when they distribute the remaining coins.  BP was recently elected to the board of The Bitcoin Foundation with the help of KnC, which had just joined the Foundation.

Autumn Radtke was a very close friend of BP until 2010 at least.  By early 2014 she was CEO of First Meta, a company based in Singapore that traded virtual currencies of various kinds, such as game points and (planned) airline bonus miles.  First Meta did not sell crypto, but she was a bitcoin fan, having invested in the currency and convinced others to invest. She had struck a deal between First Meta and GoCoin, a Bitcon/Litecoin payment processor co-owned by BP, whose office was a rented room in her home.  GoCoin's CEO Steve Beauregard was the last person to see her alive.  On the morning of Feb/26 her body was found by a cleaning staff worker near the base of a 22 story building, not far from her 3-story home.  It could be a suicide, but AFAIK no plausible motive has been advanced that could have led her to that.  It has been claimed that GoCoin had had some coins in MtGOX, and she died after Mark halted withdrawals (Feb/07) and sought Sunlot for possible acquisition  (Feb/??), and a few days before the filing for bankruptcy on Feb/28.

For those interested, user @Phinnaeus_Gage (the user with most posts to bitcointalk.org) and a few others did some sleuthing about the case: https://bitcointalk.org/index.php?topic=628000.0  (You better grab a few rolls of tinfoil.)

Thanks Jorge, another murky BTC avenue that I imagine will be erased from the map.

[ChartBuddy]

Explanation

[MinermanNC]

Heads up

alt investors: Minerals (MIN) is now available on Allcoin.com get it while its cheap and hot! this baby is going to the moon 

https://www.allcoin.com/trade/min_btc/

Get your shitcoin garbage out of here.

Excuse me, if it were just another shitcoin" as you say, I wouldn't have wasted my time coming in here. shows how much you know. I also deal in BTC I just don't hang around in here with you guys living in BTC fantasy land 

[ShroomsKit]

Heads up

alt investors: Minerals (MIN) is now available on Allcoin.com get it while its cheap and hot! this baby is going to the moon 

https://www.allcoin.com/trade/min_btc/

Get your shitcoin garbage out of here.

Excuse me, if it were just another shitcoin" as you say, I wouldn't have wasted my time coming in here. shows how much you know. I also deal in BTC I just don't hang around in here with you guys living in BTC fantasy land 

It is just another shitcoin. Go away.

[ShroomsKit]

So any idea why China is dumping hard? I find it hard to believe this happened without a reason.

[dropt]

Excuse me, if it were just another shitcoin" as you say, I wouldn't have wasted my time coming in here. shows how much you know. I also deal in BTC I just don't hang around in here with you guys living in BTC fantasy land 

So by that logic any coin that you come and tell us about should be taken seriously?  Are you the altcoin messiah?  I don't see any reason why anyone here should take your coin seriously in relation to any of the other 100+ alts out there.

You're on bitcointalk.org in the BTC/USD Wallwatcher thread.

[Walsoraj]

So any idea why China is dumping hard? I find it hard to believe this happened without a reason.

My sources are saying that the ceos of all the major exchanges have been arrested.

[dropt]

So any idea why China is dumping hard? I find it hard to believe this happened without a reason.

My sources are saying that the ceos of all the major exchanges have been arrested.

Citation needed.

[Walsoraj]

So any idea why China is dumping hard? I find it hard to believe this happened without a reason.

My sources are saying that the ceos of all the major exchanges have been arrested.

Citation needed.

If I reveal my sources, they won't be my sources any longer.

[CoinDox]

So any idea why China is dumping hard? I find it hard to believe this happened without a reason.

My sources are saying that the ceos of all the major exchanges have been arrested.

Hah, all of them eh?

[dropt]

So any idea why China is dumping hard? I find it hard to believe this happened without a reason.

My sources are saying that the ceos of all the major exchanges have been arrested.

Citation needed.

If I reveal my sources, they won't be my sources any longer.

Oh how convenient. So it's just baseless conjecture.  Got it.

[ChartBuddy]

Explanation

[ShroomsKit]

So any idea why China is dumping hard? I find it hard to believe this happened without a reason.

My sources are saying that the ceos of all the major exchanges have been arrested.

Citation needed.

If I reveal my sources, they won't be my sources any longer.

Oh how convenient. So it's just baseless conjecture.  Got it.

He's an idiot troll. I thought everyone knew that by now and had him on ignore.

[JorgeStolfi]

You're on bitcointalk.org

Not to defend that Minerals coin (terrible name, it deserves to die for that, if for nothing else): but, looking at 120 recent posts to this forum, I found that 45% of them were about bitcoin proper, and 45% about other coins (the rest being about  gambling or off-topic threads).