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

[Rat_Poison]

Keep on selling into the flash crash to get the lowest possible price, sheeple. How ridiculous and what a sad picture is this community anyway.

So I take it that you're buying? OK, good luck with that! See you at $200  

[ChartBuddy]

Explanation

[JayJuanGee]

I'm pretty sure Tim Draper bought his coins way below the market, sold lot of them on exchanges and was one or THE bearwhale who was pushing it down in last few weeks.

That's exactly what I would do on his place after seeing the bear trend is continuing down and I bet he has much better financial advisers than I am.

I don't think so.

The price paid for the BTC was never disclosed, and in order to win all 10 lots, he likely paid well over market price.

At the time of the action BTC market price was about $600, and he probably paid well above $650 and maybe even closer to $700 in order to win all 10 lots of coins.

It is funny that the price that he paid has NEVER so far leaked out, at least to my knowledge.

[JayJuanGee]

So far Tim Draper is down about $9,000,000 unless he has already sold.

LOL
"Bitcoin is still headed to 10k $"

He has so much fiat you can't even dream about... Probably he will just simply deposit 10-20mil$ on exchanges and f* up all the traders (us)  

That's what BTC needs to rescue it from this calamity.... that is so long as the exchanges are NOT engaging in fractional reserve banking with our BTC.

[seleme]

I'm pretty sure Tim Draper bought his coins way below the market, sold lot of them on exchanges and was one or THE bearwhale who was pushing it down in last few weeks.

That's exactly what I would do on his place after seeing the bear trend is continuing down and I bet he has much better financial advisers than I am.

Still all there...
https://blockchain.info/address/1a8LDh3qtCdMFAgRXzMrdvB8w1EG4h1Xi

Good find, then guess not 

[thetruth123123]

SHIT JUST HIT THE FAN
CHECK SATOSHIS WALLETS
FUCK

[btcney]

SHIT JUST HIT THE FAN
CHECK SATOSHIS WALLETS
FUCK

FUUUUUUUUUUUUUUCK 

[Davyd05]

https://www.reddit.com/r/BitcoinMarkets/comments/2iauh9/ohcc_exchange_partnership_and_the_fractional/

Thoughts.  Bear markets is completely manipulation? Little far fetched but not crazy by bitcoin terms.

I feel like pigs have been slaughtered looking at the huobi 1 min charts

[mailmansDOGE]

That's the lowest price since the start of the year. Should we expect an extended down trend or is this the bottom? I think it has potential to go lower as people unleash their stash onto the markets.

[Sandia]

https://www.reddit.com/r/BitcoinMarkets/comments/2iauh9/ohcc_exchange_partnership_and_the_fractional/

Thoughts.  Bear markets is completely manipulation? Little far fetched but not crazy by bitcoin terms.

I feel like pigs have been slaughtered looking at the huobi 1 min charts

Pure FUD.  Not a shred of evidence.

[bitebits]

Whales eat plankton guys, keep feeding them your Satoshi's!

nom nom nom...

[Rat_Poison]

SHIT JUST HIT THE FAN
CHECK SATOSHIS WALLETS
FUCK

Confirmed. Holy shit... RIP bitcoin. Even I didn't expect this!

[grappa_barricata]

SHIT JUST HIT THE FAN
CHECK SATOSHIS WALLETS
FUCK

Confirmed. Holy shit... RIP bitcoin. Even I didn't expect this!

Link or it didn't happen

[JorgeStolfi]

https://www.reddit.com/r/BitcoinMarkets/comments/2iauh9/ohcc_exchange_partnership_and_the_fractional/

Thoughts.  Bear markets is completely manipulation? Little far fetched but not crazy by bitcoin terms.

I feel like pigs have been slaughtered looking at the huobi 1 min charts

Pure FUD.  Not a shred of evidence.

I see that the article recommends a couple of "good" exchanges where you can send your bitcoins to, after taking them out of the "evil" ones.  Yeah.

[mmitech]

The denial in the air is just pathetic, from Coindesk posting this kind of articles every week to the reddit conspiracy theories to hero and legend members crying about holding.

[TeeBone]

Normally i'd be buying here, but this is a friggin blitzkrieg !

[SamWalters]

someone keeps saying the magical  Magi  Charts is hurting btc? I don't know.. the reason is bitcoin is still an early adopter coin, while mining is dead for the most part on its network... new innovative ideas from eager devs come to find solutions called m7m my speculations https://bitcointalk.org/index.php?topic=735170.msg9088261#msg9088261

[Sandia]

Normally i'd be buying here, but this is a friggin blitzkrieg !

Bubbles are ending when the price starts going up >8-10% per day.
Think of this as a bear bubble.

[JorgeStolfi]

Miclael Goldstein listed many types of bitcoin scammers:
Everyone's a Scammer
But he forgot the worst one: the guy who tells everybody to buy and hold, while he quietly sells.

EDIT: By the way, did the Satoshi Nakamoto Institute ask for S.N.'s permission to use his pseudonym?

[heri]

Miclael Goldstein listed many types of bitcoin scammers:
Everyone's a Scammer
But he forgot the worst one: the guy who tells everybody to buy and hold, while he quietly sells.

Why do you feel the need to put 'academic' in your signature?