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

[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

[TeeBone]

Bid side on stamp has beefed up decently, has Loaded arrived ?  

[Walsoraj]

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

...

Not if they are owned by the same trader.

[JorgeStolfi]

This was posted just now in another thread:

Looks like FF and Chrome store history of paper backup made with web wallet.
http://bitzuma.com/posts/blockchain-info-paper-backup-stores-private-keys-in-the-browser-history/
BE CAREFUL!

[abercrombie]

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

HODL!!!

BYU!!!1

YOLO!!!