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

[adamstgBit]

Note that since Wall Street entered, the price has dropped almost $300 (nearly 50%). You are all getting f---ed, you know.

What do you mean since Wall Street entered? Did Wall Street make an announcement that they were entering the bitcoin market? There's FIG and SM but those are pretty LOL.

wall street quite literally pumped and dumped bitcoin.

i watched it live!

 

[1715215727]

1715215727

[1715215727]

1715215727

[derpinheimer]

I wonder if this all is due to the new derivatives approved for Bitcoin approved by the CFTC. Basically, a big player takes a bunch of naked CDSs on Bitcoin (about 100 insurance policies per reference base) and crashes it intentionally. If somebody did that it would be a guaranteed massive profit.

I don't think that's it as this is such a new market, but this is an old Wall Street game that has been played with the other commodities. Note that since Wall Street entered, the price has dropped almost $300 (nearly 50%). You are all getting f---ed, you know.

they said they would do it

and here we are.

Who? Proof?

You're saying people are selling the equivalent of goxbux?

[adamstgBit]

I wonder if this all is due to the new derivatives approved for Bitcoin approved by the CFTC. Basically, a big player takes a bunch of naked CDSs on Bitcoin (about 100 insurance policies per reference base) and crashes it intentionally. If somebody did that it would be a guaranteed massive profit.

I don't think that's it as this is such a new market, but this is an old Wall Street game that has been played with the other commodities. Note that since Wall Street entered, the price has dropped almost $300 (nearly 50%). You are all getting f---ed, you know.

they said they would do it

and here we are.

Who? Proof?

You're saying people are selling the equivalent of goxbux?

i'm saying "they" planned to fuck with us.

proof?
yes i have proof...

1 min

[Kupsi]

TRENDON SHAVERS, BITCOIN PONZI SCHEMER, CHARGED $40 MILLION FINE

nice

http://insidebitcoins.com/trendon-shavers-bitcoin-ponzi-schemer-charged-40-million-fine/

thats alot of money.

how do they expect him to pay?

He must have saved some coins. I would.

[adamstgBit]

these guys don't know the true meaning of evil till we fuck them

HODL!!!

[Newbie1022]

I wonder if this all is due to the new derivatives approved for Bitcoin approved by the CFTC. Basically, a big player takes a bunch of naked CDSs on Bitcoin (about 100 insurance policies per reference base) and crashes it intentionally. If somebody did that it would be a guaranteed massive profit.

I don't think that's it as this is such a new market, but this is an old Wall Street game that has been played with the other commodities. Note that since Wall Street entered, the price has dropped almost $300 (nearly 50%). You are all getting f---ed, you know.

they said they would do it

and here we are.

Who? Proof?

You're saying people are selling the equivalent of goxbux?

That's more or less what I am saying. It was in the news the other day that the CFTC had approved a derivatives market with Bitcoin as the reference security (I am too tired and lazy to post, but this was about a week ago before this downturn really picked up steam). And can I prove that is what they are doing with these accounts (taking our CDSs and dumping the market)? No. I don't have access to their personal or corporate accounts (I would have a personal jet if I did have this information).

[adamstgBit]

I wonder if this all is due to the new derivatives approved for Bitcoin approved by the CFTC. Basically, a big player takes a bunch of naked CDSs on Bitcoin (about 100 insurance policies per reference base) and crashes it intentionally. If somebody did that it would be a guaranteed massive profit.

I don't think that's it as this is such a new market, but this is an old Wall Street game that has been played with the other commodities. Note that since Wall Street entered, the price has dropped almost $300 (nearly 50%). You are all getting f---ed, you know.

they said they would do it

and here we are.

Who? Proof?

You're saying people are selling the equivalent of goxbux?

That's more or less what I am saying. It was in the news the other day that the CFTC had approved a derivatives market with Bitcoin as the reference security (I am too tired and lazy to post, but this was about a week ago before this downturn really picked up steam). And can I prove that is what they are doing with these accounts (taking our CDSs and dumping the market)? No. I don't have access to their personal or corporate accounts (I would have a personal jet if I did have this information).

idk exactly how they are "fucking with us"

but its happening!

[edwardspitz]

Bitfinex trying to break out to the upside  

[ShroomsKit]

Bitfinex trying to break out to the upside  

And right away gets dumped on.

[QuestionAuthority]

I hate Trace Mayer because he's rich and gets all the girls.

[adamstgBit]

these guys don't know the true meaning of evil till we fuck them

HODL!!!

seriously...

market is an ugly place.

[edwardspitz]

Bitfinex trying to break out to the upside  

And right away gets dumped on.

Not the right timing. Maybe later  

[findftp]

these guys don't know the true meaning of evil till we fuck them

HODL!!!

BYU!!!1

[ChartBuddy]

Explanation

[adamstgBit]

holy shit what was that!

[Sandia]

Shorts AND longs both dropping on Bfx.  Odd.  Very odd.

A spike is probably incoming, but which direction?

I f**king pray to god we have a representative market in a few weeks/months/years.

[Richy_T]

Finally we got some cheap coins!

you've already bought ? I am going to wait a couple of weeks more, hopefully we will see $100-250    

Bottom is today. Once alibaba's ipo is done and quick profit is made, big money is going to come back into bitcoin.

This is absurd. I expect max. 0,0001% from all Bitcoin holders are shuffling their money between BTC and Alibaba stocks. There is no correlation at all.
Ethereum/ppc/ripple is more likely. But i think Bitcoin is mainly going down because people are selling. But that´s just a theory.

yes, Alibaba explanation is utter shit... a took a look at the Bitcoin magazine article and this is what I saw in the comment section:







 

[ShroomsKit]

400 is the new top. Go above it and get dumped on. So it's a matter of time before we go down even more. I think we'll soon see a big increase on the ask side at this level.
Party on dudes! Cheap coins incoming. These 400 coins are expensive as hell now.

[Christianne_Gottlieb]

it is really painful to read this fker on mushrooms.

[Davyd05]

Damn I trolled myself reading those comments, one included mmitech