Author

Topic: BITCOIN GO UP BITCOIN GO DOWN (Read 6668 times)

full member
Activity: 196
Merit: 100
August 22, 2016, 01:12:45 PM
#58
up an down is the nature of bitcoin, it is a fact that when the market price of bitcoin increased to some level then it takes a little correction, and that is some thing normal to bitcoin but if the price of bitcoin start falling done 150 $ ever a night then it is some thing suspicious and make people worry, it create panic in the market and people start panic selling,
newbie
Activity: 24
Merit: 0
August 11, 2016, 05:02:58 AM
#57
IT IS NOW AUGUST 2016 ))

We have seen a steady climb of the present course / if you had invested in the 200 range you would have made profit on the upward momentum
my coins were acquired by trading over the last bubble not by strategically investing trying to make money from btc buying low and selling high

any way we saw a slow steady bubble as bit coin rebounded from its crash  / the Chinese got involved into buying up btc again right before the halving was about to take place / the top of the bubble reached the high 750s for a short time / if you did not have your btc on a exchange ready to cash out the lump some doing so would be tricky as the window of high 750s was fast as the bubble rebounded down to the 650s to around 590 ware we are now do to another exchange falling to peaces insolvency a shock wave felt at this present point / there will be another coin actuation this week a large bounty of the silk-road coins this could effect the market slightly / i mention the halving because/ that was a big deal / the pre-hype gave us a nice bubble and the halving itself now in effect could help in a rebound to a stable higher price / we are hoping for some of the turmoil to end so we can see the long predicted rise past the 800 mark into 1000
could this be achieved threw regular growth constant buying and the post halving effect and would the window be grater than the end of this year to achieve desired results / some are looking for a quick rebound / the exchange dropping cut the last ride short and some of the buying pressure slowed
as the halving came into existence / a natural turn around from hear would be welcomed / i would like to see some events or like-lee some kind of manipulation to capitalize on sending this ride up and on ward / so that is what may take a little time to in-act / whats the next catalyst to rebound back up to 800 plus / at the moment it feels like a short long jump to move us jest 200 up   SmileySmileySmiley 
legendary
Activity: 1120
Merit: 1000
September 19, 2015, 01:04:39 PM
#56
i hope can down to 220$ after it up to 300$ Grin
my sell order is filled at 234$ im waiting down
legendary
Activity: 1134
Merit: 1000
September 19, 2015, 06:42:18 AM
#55
Your own story of ups and downs price of bitcoin. Interesting personal point of view. Maybe i little confusing and difficult to understand for a non English speaker as me but original. For this, congrats.
full member
Activity: 196
Merit: 100
September 19, 2015, 06:36:22 AM
#54
will going up if you buy bitcoin Smiley
and going down if you sell your bitcoin
That is very true
the more you buy bitcoin price will go up, so let us hold bitcoin we have to many who want to buy  Grin
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
September 19, 2015, 06:24:34 AM
#53
Anyone think bitcoin WON'T be around in five years? Ten?

If so, what do you think is gonna happen, that kills btc?

i do think bitcoin will still be around for at least another 5 years. can't think of a reason of why the community would let bitcoin vanish.

there wont be any vanishing for btc it will be paying option for anything in 10 year for sure
legendary
Activity: 896
Merit: 1000
September 17, 2015, 04:57:18 PM
#52
Anyone think bitcoin WON'T be around in five years? Ten?

If so, what do you think is gonna happen, that kills btc?

i do think bitcoin will still be around for at least another 5 years. can't think of a reason of why the community would let bitcoin vanish.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
September 17, 2015, 12:56:38 PM
#51
Anyone think bitcoin WON'T be around in five years? Ten?

If so, what do you think is gonna happen, that kills btc?

it will be here for long term for sure question is only with what price?
nothing will change in 5-10 year except that it will be present in every day perhaps for purchasing almost anything
hero member
Activity: 714
Merit: 500
September 16, 2015, 04:34:58 PM
#50
Anyone think bitcoin WON'T be around in five years? Ten?

If so, what do you think is gonna happen, that kills btc?
newbie
Activity: 24
Merit: 0
September 16, 2015, 04:11:46 PM
#49
hi,, again,,
i chime in every so often when there is some kind of news ''
so hows it going ,..  = no market manipulation by GOX like exchange
= equals no quick run 2 ,.. ((1,200))..  jest a friendly reminder /\..
this steady price we see around 230 would be good for trade
and the stability would offer good trade for the average joe
to get into bitcoin , well and not loose there money ,.
buy some coins,,. buy some things on line ,,. e.c.t. e.c.t.
i am still from the school of, i would like 2 see another inflation
bubble 2 cash out in.. and if there is one coming , well then
buying coins at 230 and selling at 1200 ,. mite be a good investment
for you?HuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuh?
- - - - -
any way hears the new news that is about a month old ,. i jest found out ,.
being that AGORA is was the biggest dark net market place in current operation
they not being around or they coming back to being around may have some
consequence on the price of btc ,.
-- - - - - -
--------------------------------------------------------------------------------------


Blue Banner on site, copied from the DNM sub:
https://www.reddit.com/r/DarkNetMarkets/comments/3idjrj/agora_to_pause_operations/
Message located at agorahooawayyfoe.onion/info/pausingoperations
I'll work on formatting their message properly for Reddit... I'll be amazed if this works on the first try:
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512





Recently research had come that shed some light on vulnerabilities in Tor Hidden Services protocol which could help to deanonymize server locations. Most of the new and previously known methods do require substantial resources to be executed, but the new research shows that the amount of resources could be much lower than expected, and in our case we do believe we have interested parties who possess such resources.

We have a solution in the works which will require big changes into our software stack which we believe will mitigate such problems, but unfortunately it will take time to implement. Additionally, we have recently been discovering suspicious activity around our servers which led us to believe that some of the attacks described in the research could be going on and we decided to move servers once again, however this is only a temporary solution.

At this point, while we don't have a solution ready it would be unsafe to keep our users using the service, since they would be in jeopardy. Thus, and to our great sadness we have to take the market offline for a while, until we can develop a better solution. This is the best course of action for everyone involved.

In the mean time we shall do our best to clear all outstanding orders and we ask all of you users who have money on their accounts, withdraw them as soon as possible, because we don't want to be responsible for it during the time when the market will be offline.

During this time, there might be some delays in payouts, since many people are expected to withdraw money at the same time, but we intend to resolve any such issues in the end. But we advice you to use only destination bitcoin addresses that do not expire when you send money out from Agora, as the payments to them might get delayed.

While the market is offline, do not send any bitcoin to any of your deposit addresses on Agora. We do not gurantee the safety of any funds sent there.

Vendors, we strongly advice you to abort any orders that haven't been sent out or processed yet, as we cannot gurantee what will happen with the orders in resolution. We shall try to resolve it on a case-by-case basis, but there might not be time to wait for orders that require long shipping times.

We are going to handle the situation with the vendor bonds soon, we need some time to make sure that noone uses this as an opportunity to start scamming wildly.

All of the market data will be kept intact and be available upon return, including all of the user history and profile data.


Since our PGP key is nearing expiration date, here is a new PGP key which could be used to check authenticity of our messages in the future.

hero member
Activity: 546
Merit: 500
August 30, 2015, 01:20:41 PM
#48
i hold bitcoins and i believe it will reach new highs in the future people will see that using bitcoins is much more easier and less expensive thats why they will start buying it, bitcoin is the future of all money now

We heard this for years but The only thing that we are seeing is dropping of bitcoin price for months ........
newbie
Activity: 41
Merit: 0
August 30, 2015, 11:23:15 AM
#47
i hold bitcoins and i believe it will reach new highs in the future people will see that using bitcoins is much more easier and less expensive thats why they will start buying it, bitcoin is the future of all money now
sr. member
Activity: 322
Merit: 250
Real power doesnt hit hard,but right to the target
August 30, 2015, 09:13:26 AM
#46
will going up if you buy bitcoin Smiley
and going down if you sell your bitcoin
hero member
Activity: 546
Merit: 500
August 29, 2015, 07:11:24 AM
#45
Going up going down is Normal but going down with a smooth speed in 1.8 years is not normal ...... it is Distrusting
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
August 29, 2015, 04:55:31 AM
#44
Nice summary of what was going on in past also i must say you put it right
newbie
Activity: 24
Merit: 0
August 28, 2015, 02:22:14 AM
#43
hi there folks out there in bitcoin world
yes my thread did not need to be reactivated however hear we go
were we left off Huh
basic-lee bitcoin drops from 1200 down to 200
then it plays this game of going from
200 to 300 drops back to 200 then up to 300 then back to 200!!!!!!!!!!!!!!!!!!!again

kats that made bread on that ?
the ones that bought in heavy at 200 and sold at 300 making a quick move..   
okay shore good call you rode the market and made money nice..

for the rest of us,, or jest simply me,, the ones that have bought in or acquired coins
at a higher value and looking to cash out this is jest garbage /\
------------------------------------------- - - -

a few things that have happened
1)) a free trade open bazaar  , i don't have the links or all the info
but basically a main stream platform pops up actually it was 2 different sites in development i recall
to make BTC usable for the masses
HOWEVER this has not played into BTC going to the moon or any real price increase..... 
great maybe some time in the future /\

------------------------------------------- - - -
back to reality . . . . .\/

the move from 200 to 300
this could be a preconceived move
controlled by the exchanges or exchange
ware they are happy to make 100 per coin prophet
not shake up suspicion and not getting caught as its jest a small fluctuation..
however they are controlling the market not guessing at the price controlling the price so they know ware there money is at all times
..shore or jest its maybe regular btc up and down shore..

next we look back again at MT GOX
and how the company ceo mark karpeles eventually gets arrested
no i don't have all the details but there on the net some-wares

-------------------------- - - - -

the point!! ! !

basically MT GOX controlled 70 percent of the btc market when they were up and running and looting
that is the point and what this thread has boiled down to mt gox

THEY MANIPULATED the market into a 1200 per coin btc value that was short lived
and as i keep saying a major frenzy is needed to send this thing up ward..
i don't see it !!
i see scams and money hungry exchanges
its we need a new exchange to manipulate the market as there is money to be made
so its possible jest look at MT GOX its shady as well , could someone else pull of that kind of thing
and get away with it? one gox flaw was well they took everyone-s money'' they could of still made a boat load
and kept there exchange rolling along willy-botting away jest simply playing with there moneys and not touching
all the participants in there exchange   

so, no,, MT GOX,, and = BTC sits at 200,,
this is double what it was before the bubble as it was at 100 before
now 200 as a lot more people have jumped on board during the last year or two 
so it seems to be the ground floor ,. there are a lot of people into btc since the bubble and people made a lot of money on that bubble , so with that added momentum why not double 100
for the ground worth of a coin = 200

- - -- - -

what s not making sense is how we go from 200 to 1200
we went from 200 to 300
ware is the 500 600 800
well there is not a exchange controlling 70 percent of the market and manipulating it to make big gains
and china jest has no good news

-- -- --

so i keep saying technicians of btc
we need another willy bot exchange type thing to send it back up
its sad but true
you think 10,000 per coin you think 1,200 per coin
we got to 1200 thru a crooked dishonest scam artists = mark karples at mt gox 

- - -

so whats it going to be
are we going to blast right up from 200 to 1200
are we going on a slow climb from 200 to 1200
are we going from 200 to 300 to 200
are we jest going to slowly fall back to 100

-- -- -

ware is the market manipulation Huh?
ware are the dishonest money hungry exchanges Huh
ware are the willy bots Huh 


-- --

so it is going to take a long wile to get to 1000
you say the half-ing mite do it ,,...  MAYBE?? 

- -- - -

what i did see work
was a BTC exchange controlling 70 percent of the market controlling the market trading
producing a large rapid bubble ,, creating a big price increase that was short lived . . ..

- - - -

cheers Smiley
legendary
Activity: 896
Merit: 1000
March 21, 2015, 07:02:15 PM
#42
The price is at $261 now and continue to rebound .up or down, it's really unpredictable.

low volume mostly means that beside whale traders now also average traders with around 100-200btc can manipulate the price.
price goes up a few bucks and goes down a few bucks. gives them the chance to make some easy profit.
legendary
Activity: 3248
Merit: 1070
March 21, 2015, 03:02:27 PM
#41
The price is at $261 now and continue to rebound .up or down, it's really unpredictable.

it being manipulated non-stop, you can see plenty of big walls on all exchanges, based on volume of course

those walls force newbies to dump then pro traders buy again, and so the up and down syndrome begin
hero member
Activity: 924
Merit: 1000
March 21, 2015, 11:05:56 AM
#40
The price is at $261 now and continue to rebound .up or down, it's really unpredictable.
sr. member
Activity: 392
Merit: 250
March 20, 2015, 11:16:35 PM
#39
legendary
Activity: 1568
Merit: 1001
March 20, 2015, 10:51:55 PM
#38
Glad I came across this as I have coinage on BTC-e right now and didn't know what was going on there and it would've been quite a shock/worry had I tried to withdraw recently. Thx for this update.
newbie
Activity: 24
Merit: 0
March 20, 2015, 10:37:39 PM
#37
BTC-e Suspends Withdrawals to Stop Stolen Coin Dump
March 21, 2015 By Brendon 1 Comment

38
SHARESFacebookTwitterUpdate:

BTC-e admins have reached out to Coin Fire to state that withdrawals have been re-enabled and that they have no further comments regarding the situation moving forward regarding this or any other security issue. The staff member originally speaking with Coin Fire has informed our team to speak with the administrators only moving forward and reiterated that the exchange has no comment.

In a surprise move, BTC-e has suspended withdrawals from the cryptocurrency exchange in an effort to stop coins from the Evolution theft being exchanged and withdrawn. BTC-e has long been known as a secretive exchange where the owners have never been publicly revealed and coins can be dumped with little oversight.

Coin Fire has learned from an employee at BTC-e via email that withdrawals have been suspended and placed in a manual processing mode. BTC-e staff members are currently evaluating transactions on the exchange platform to review for irregularities connected to the potential laundering of the stolen coins.

The exchange states that it has been in contact with the staff at several other exchanges in a concentrated effort to prevent the stolen coins from being used on a cryptocurrency exchange. A staff member told a Coin Fire contributor,

We are working to stop these coins from moving. If a user gets a PM asking them to perform a withdraw, please alert BTC-e immediately and decline the offer.

BTC-e believes that some users are being asked via private messages to withdraw coins in an effort to help launder the coins for those behind the theft.

Coin Fire will continue to monitor this developing story.
newbie
Activity: 24
Merit: 0
March 19, 2015, 01:30:51 PM
#36

my theory revised
when large coin floods to cash out , btc price drops ----
when large buying is present, btc price go-s up ----
   -       -          -           -         -         -          -         -       -   

  Can you estimate how much was lost?


   i laughed when they said 12m, 33-38m in total was stored across Evolution. Good luck finding it.


- -- -     -    -  /\ -- quoted from a honest admin from evolution -- /\ - --
newbie
Activity: 24
Merit: 0
March 19, 2015, 05:04:32 AM
#35
chime-ING back in to add
1) volatility not really helping the situation as of right now
when we were about to break above the 300 mark
there seems to be a downward spiral.
after we go back down
i am hoping we go back upwards
and bounce back upwards and get above the 300 mark.. 

2) EVOLUTION MARKET = a large dark net market has scammed its users making off
with everyone-s coins they had stored in there vaults = SOUNDS FAMILIAR= ? 

3) they most like lee are flooding the market to cash out quick
witch for sum reason could be making the price of BTC go down ?

4)i hope in the weeks months to come there is sum positive for all of us
in  the direction of upward movement

= 1000 for ,1, BTC still seems far away =

cheers ,. 
legendary
Activity: 1232
Merit: 1000
February 26, 2015, 07:39:50 PM
#34
That will always be this way.
It's the same with everything thing you buy on the market.
As the price of gold, on the market dowjones and so.
It can never stay going up. Sometimes there are some corrections up or down.

What stands out is the volatility of Bitcoin.
newbie
Activity: 24
Merit: 0
newbie
Activity: 24
Merit: 0
February 22, 2015, 11:00:29 PM
#32
some one else s quot \/''
--------------------        - - -


Any of you guys that think for a second that now that Mt. Gox and Willy/Markus/Whatever are gone and the system can't be gamed again are nuts.

This market is still incredibly small, and incredibly controlled by a small number of deep pocket whales that have accounts in every major exchange.

As we speak, they are probably planning their next big runup score and how it will all go down.  They'll spend a year accumulating cheap coins off exchange, then turn on the turbo bots YET AGAIN on every major exchange.

----       --------------------------  - - -


me = /\ basic lee yes,...
there is 2 much money invested
and i try to point out the price manipulation using GOX as a example
they being a huge exchange at the time with a lot of market control...
could the price increase be due 2 natural causes ? growth , expansion , major adoption ?
shore it could.. however GOX blew this thing up in a not=natural way a balloon bubble 
that sum of us got caught in ,with artificially inflated coins .. 

the solution is wait for natural causes to bring the next price increase ? 
or if,,...
GOX played the market ..
IT MUST BE PLAYED AGAIN
the market must be run up in another bubble
and the ones with big money invested, need 2 run the BOT technology
or take it farther and open there own exchange ?
having the know how money and technical experience to do so
could result in market control and big gains...
any way you look at it' the big money players are waiting
the average joes are waiting
for the next big run to the top''',,...
being that bit coin is a unn audible currency
it makes me believe there are sum dark forces at work
working towards the next bubble..
so lets hope in the next year or so, the BOTS go ON and someone,
figures this stuff out, as GOX did, and sends this thing 2 the moon .. . .
so we all can recoup our losses , and or , profit as those in the know will,, from the BOT skyrocket balloon bubble technology'',,...   
. . . . .   .    . 
hero member
Activity: 574
Merit: 500
Richard Coleman - Chief Executive @ CloudThink.IO
February 22, 2015, 05:03:25 AM
#31
That will always be this way.
It's the same with everything thing you buy on the market.
As the price of gold, on the market dowjones and so.
It can never stay going up. Sometimes there are some corrections up or down.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
February 22, 2015, 05:00:15 AM
#30
price is on the rising going slowly up this is good
hero member
Activity: 1022
Merit: 500
February 20, 2015, 10:58:12 AM
#29
a quote from some one else with a good look at the bubble'''' ' \/'' ' '' ' '   



i've said it before and i'll say it again - the entire runup of bitcoin from a stable(ish) 100 (that 100 value was arguably heavily manipulated in the first place by artificial capital of previous fraudulent exchanges / drug money driven by the silk road) to the all time high price in the 1200s was driven by a *BILLION* non-existent dollars that MtGox used to "buy" bitcoin off of their own fraudulent exchange (which was at the time by far the highest volume exchange on the planet) ... and just to repeat that for the slow folks ... they used a *BILLION* dollars in fake capital to cause that rise in price ... and you all wonder why people think bitcoin is a scam ? ? ?

There are fucking countless commodities, currencies, stocks, that have have been manipulated upwards at one point in time.  Would you say they are all garbage because of it?
I mean they don't even hide oil manipulation, yet guess what, I am pretty sure people buy oil and  invest in it, despite it being manipulated.

Everything can be manipulated. Nothing is safe. Banks are always messing with the prices of currencies, interest rates, stocks/shares etc. Does that mean fiat is a scam? Oh, wait, yes it is.

The central banks and the state are manipulating markets, the banks are just playing the central bank game and gaming a little bit the clients here and there thanks to the laws that protect them from competition and accountability.
member
Activity: 65
Merit: 10
February 20, 2015, 10:22:01 AM
#28
a quote from some one else with a good look at the bubble'''' ' \/'' ' '' ' '   



i've said it before and i'll say it again - the entire runup of bitcoin from a stable(ish) 100 (that 100 value was arguably heavily manipulated in the first place by artificial capital of previous fraudulent exchanges / drug money driven by the silk road) to the all time high price in the 1200s was driven by a *BILLION* non-existent dollars that MtGox used to "buy" bitcoin off of their own fraudulent exchange (which was at the time by far the highest volume exchange on the planet) ... and just to repeat that for the slow folks ... they used a *BILLION* dollars in fake capital to cause that rise in price ... and you all wonder why people think bitcoin is a scam ? ? ?

There are fucking countless commodities, currencies, stocks, that have have been manipulated upwards at one point in time.  Would you say they are all garbage because of it?
I mean they don't even hide oil manipulation, yet guess what, I am pretty sure people buy oil and  invest in it, despite it being manipulated.

Everything can be manipulated. Nothing is safe. Banks are always messing with the prices of currencies, interest rates, stocks/shares etc. Does that mean fiat is a scam? Oh, wait, yes it is.
sr. member
Activity: 378
Merit: 254
February 20, 2015, 10:05:52 AM
#27
...I am pretty sure people buy oil and  invest in it, despite it being manipulated.

Unlike oil, Bitcoin's ONLY value is speculative.
I need to buy gasoline, even if the price may is being manipulated.  Bitcoin?  Not so much.
member
Activity: 109
Merit: 10
February 20, 2015, 09:55:32 AM
#26
a quote from some one else with a good look at the bubble'''' ' \/'' ' '' ' '   



i've said it before and i'll say it again - the entire runup of bitcoin from a stable(ish) 100 (that 100 value was arguably heavily manipulated in the first place by artificial capital of previous fraudulent exchanges / drug money driven by the silk road) to the all time high price in the 1200s was driven by a *BILLION* non-existent dollars that MtGox used to "buy" bitcoin off of their own fraudulent exchange (which was at the time by far the highest volume exchange on the planet) ... and just to repeat that for the slow folks ... they used a *BILLION* dollars in fake capital to cause that rise in price ... and you all wonder why people think bitcoin is a scam ? ? ?

There are fucking countless commodities, currencies, stocks, that have have been manipulated upwards at one point in time.  Would you say they are all garbage because of it?
I mean they don't even hide oil manipulation, yet guess what, I am pretty sure people buy oil and  invest in it, despite it being manipulated.
newbie
Activity: 24
Merit: 0
February 20, 2015, 09:31:11 AM
#25
a quote from some one else with a good look at the bubble'''' ' \/'' ' '' ' '   



i've said it before and i'll say it again - the entire runup of bitcoin from a stable(ish) 100 (that 100 value was arguably heavily manipulated in the first place by artificial capital of previous fraudulent exchanges / drug money driven by the silk road) to the all time high price in the 1200s was driven by a *BILLION* non-existent dollars that MtGox used to "buy" bitcoin off of their own fraudulent exchange (which was at the time by far the highest volume exchange on the planet) ... and just to repeat that for the slow folks ... they used a *BILLION* dollars in fake capital to cause that rise in price ... and you all wonder why people think bitcoin is a scam ? ? ?
newbie
Activity: 24
Merit: 0
February 20, 2015, 01:08:33 AM
#24

 http://blog.wizsec.jp/2015/02/mtgox-investigation-release.html


as i was saying /\
the market was manipulated by mt gox
and the ceo made millions

china jumps on board and before they past a slew
of regulations outlawing bitcoin over there
for how ever long that was
they bought sold traded BTC like crazy
which also may have added fire to the bubble

jest seems like when mt gox ran there game
they had full control of the market

big exchanges or some one person technologically
savoy enough to pull off something like this price manipulation
of mt gox need do so ASAP and drive the price into the stratus fear
so all you hackers and computer geniuses figure out this
willy bot stuff buy or steal coins at a low price
manipulate the market skyward and then cash out with
a huge profit as ceo of gox did
this would benefit the rest of us
as the price would go to 1000 or above

also as i said
when mt gox had all them coins of other peoples money
in there vaults
they ran a scheme to increase the value
to gain MAX MONEY out of there game
my guess is Mark Karpeles washed all those coins
into off shore bank accounts at top dollar
to retire on and declared bankruptcy or what ever
and YOU might have dun the same thing
with millions starring you in the face

as i said before
you will need a major frenzy
to bring the price back up or above 1000

in conclusion
the HALF-ING that may happen down the road
producing less BTC coins
may also lead to a increase
in value as less coins will me minted
making those holding coins
more valuable and lead to a higher price ?

also a major adoption of the btc currency would
benefit us or the collapse of regular currency
over all a lot of buying and selling
trading
should lead to a over all value increase

wile a lot of holding seams to stagnate the market
and lower the value

however ?
this is based on logic ?

and with the WILLY REPORT !
we can see jest how important
price manipulation is to the over all
skyward value! ! 
newbie
Activity: 24
Merit: 0
February 20, 2015, 12:57:06 AM
#23
 Summary of the Willy Report
The suspicious user accounts identified by the Willy Report all followed a particular pattern:

    Each account was active for a single time period, and only one account was active at a time.
    Each account bought 10-20 bitcoins every 5-10 minutes.
    Each account only bought bitcoin with USD, and never sold any coins.
    Each account bought bitcoin up to a very specific total USD amount (e.g. 2,500,000 USD).
    After each account was "finished", another account would shortly become active and continue buying.
    These accounts were seemingly able to trade even when MtGox was inaccessible to the world.
    All trades by these accounts had unusual data in the trade log files.

This automated trading began on September 27, 2013 and continued at least until the end of the leaked log data (at the end of November 2013). After this point there is no trade data available publicly, but people claim to have observed this behavior continue into 2014, and supposedly at some point after that, the reverse started happening; automated selling of bitcoin at regular intervals.

The second half of the Willy Report investigates another suspicious account in the leaked trade logs, with seemingly incorrect fiat amounts recorded for its trades. This account exhibited different behavior but like Willy it seemed to buy a lot of bitcoin during 2013 (February through September) only to suddenly stop, mere hours before the first Willy account began trading. The report dubbed this user "Markus", and later concluded that it was using the MtGox trading account of CEO Mark Karpelès, though the log data was inconsistent and may have been intentionally manipulated specifically to conceal or obfuscate this account activity. Ultimately the relationship between Markus and Willy remains unclear.
Impact on the MtGox market
Willy bought a very large amount of bitcoin on MtGox during the period of September 27 – November 30 during 2013 (and later, though the leaked logs end on this date), a total of over 250,000 BTC. There is a very high probability that this had a large effect on the price of bitcoin, opening up the possibility that this may have been a plan to manipulate the market rather than (or in addition to) fraudulently acquiring bitcoins. Another speculation has been that MtGox for some reason had a shortage of bitcoins and used their own exchange to acquire more, trading BTC shortage for USD shortage.

To get an overview of just how significant this activity was, the following is a graph of how much of the hourly trade volume on MtGox was actually Willy, with the MtGox bitcoin price overlaid:

As clearly seen, for a lot of the time (especially when the market was otherwise quiet), Willy had a significant presence, and it is hard to think that this would not have an effect on the market and in turn the exchange price, through its added buying pressure. There are even some suspicious incidents where Willy becomes absent and soon afterwards the market "corrects" itself to a lower price level.

A question we cannot answer without more data is what continued influence Willy had after November 30. Certainly there were additional strong price climbs later that in the light of this might now appear suspicious, but it is also a fact that the price never peaked past its high point at the end of November. Did Willy stop trading, or was the amount of bitcoins it bought no longer large enough to keep pushing the price even higher? Did Willy or similar fraudulent trading play any role in the massive price crash that began in early February? And finally, what happened to all the bitcoins that Willy seemingly amassed?
hero member
Activity: 574
Merit: 500
February 03, 2015, 11:00:06 AM
#22
trap time.
i want cheap btce panicers coins
we will be falling at least another $5
hero member
Activity: 1022
Merit: 500
February 03, 2015, 09:32:16 AM
#21
taken from there has got to be a bottom soon thread \/ \/
-- - - -   -     
-- - - - --
Nagle
Legendary
Re: There has got to be a bottom soon?
February 01, 2015, 07:48:27 PM
-----------------------------------
-------------\/---------------------------\/   \/   \/ 


Well, last night's low was $208.  Around $220-$225 now.

As I point out occasionally, the two Bitcoin bubbles were driven by external illegal use cases - Silk Road drugs, and China exchange controls evasion.  Both of those holes have now been plugged.  Without a new use case that provides a similar boost, there's no reason for Bitcoin to have a value much higher than it had before the Silk Road bubble. 

242$ now.
newbie
Activity: 24
Merit: 0
February 01, 2015, 11:01:27 PM
#20
taken from there has got to be a bottom soon thread \/ \/
-- - - -   -     
-- - - - --
Nagle
Legendary
Re: There has got to be a bottom soon?
February 01, 2015, 07:48:27 PM
-----------------------------------
-------------\/---------------------------\/   \/   \/ 


Well, last night's low was $208.  Around $220-$225 now.

As I point out occasionally, the two Bitcoin bubbles were driven by external illegal use cases - Silk Road drugs, and China exchange controls evasion.  Both of those holes have now been plugged.  Without a new use case that provides a similar boost, there's no reason for Bitcoin to have a value much higher than it had before the Silk Road bubble. 
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
January 26, 2015, 08:18:20 AM
#19
it doesn't matter, bitcoin is always here
yes, always this one. In addition, up, up, up.

The price has been going up slowly for a week. A price staying stable is fine too.

price is up yes but seem like to me its a trap. to involve massive selling then price will go down again. hope for this not to happen cuz we all want some bigger price.


If it is a trap it won't stop below 300. Rise prices like this is not cheap and there is enough people thinking that prices are low at the moment

i think that price is low personally i think that 500 is low but i would be happy to see it once again.
hero member
Activity: 1022
Merit: 500
January 26, 2015, 07:19:17 AM
#18
it doesn't matter, bitcoin is always here
yes, always this one. In addition, up, up, up.

The price has been going up slowly for a week. A price staying stable is fine too.

price is up yes but seem like to me its a trap. to involve massive selling then price will go down again. hope for this not to happen cuz we all want some bigger price.


If it is a trap it won't stop below 300. Rise prices like this is not cheap and there is enough people thinking that prices are low at the moment

We are at a very interesting point where it could go both ways. The rebound happens today or monday might as well be a continuation to lower prices. Set your orders and start praying.

It could go both ways but I feel it is more likely that it rises than it falls at this point. Someone who bought at 150$ a coin has made a 100% profit so far! More if leveraged.
hero member
Activity: 700
Merit: 501
January 25, 2015, 11:13:00 AM
#17
it doesn't matter, bitcoin is always here
yes, always this one. In addition, up, up, up.

The price has been going up slowly for a week. A price staying stable is fine too.

price is up yes but seem like to me its a trap. to involve massive selling then price will go down again. hope for this not to happen cuz we all want some bigger price.


If it is a trap it won't stop below 300. Rise prices like this is not cheap and there is enough people thinking that prices are low at the moment

We are at a very interesting point where it could go both ways. The rebound happens today or monday might as well be a continuation to lower prices. Set your orders and start praying.
legendary
Activity: 1120
Merit: 1000
January 25, 2015, 12:57:56 AM
#16
it doesn't matter, bitcoin is always here
yes, always this one. In addition, up, up, up.

The price has been going up slowly for a week. A price staying stable is fine too.

price is up yes but seem like to me its a trap. to involve massive selling then price will go down again. hope for this not to happen cuz we all want some bigger price.


If it is a trap it won't stop below 300. Rise prices like this is not cheap and there is enough people thinking that prices are low at the moment
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
January 24, 2015, 08:25:03 AM
#15
it doesn't matter, bitcoin is always here
yes, always this one. In addition, up, up, up.

The price has been going up slowly for a week. A price staying stable is fine too.

price is up yes but seem like to me its a trap. to involve massive selling then price will go down again. hope for this not to happen cuz we all want some bigger price.
hero member
Activity: 1022
Merit: 500
January 23, 2015, 10:00:55 AM
#14
it doesn't matter, bitcoin is always here
yes, always this one. In addition, up, up, up.

The price has been going up slowly for a week. A price staying stable is fine too.
sr. member
Activity: 252
Merit: 250
January 23, 2015, 09:48:13 AM
#13
it doesn't matter, bitcoin is always here
yes, always this one. In addition, up, up, up.
full member
Activity: 219
Merit: 100
January 23, 2015, 05:17:19 AM
#12
it doesn't matter, bitcoin is always here
hero member
Activity: 1022
Merit: 500
January 23, 2015, 04:07:30 AM
#11
You say :

price go-s up last year 100 to 1200
1)on line drug markets are booming
2)a entire country supposedly hops on board , china ,.
3)currency exchange places manipulate the price


1/sheep bust then the price goes up
2/china is buying, yes
3/only partially true.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
January 23, 2015, 03:09:13 AM
#10
/\

THE TOR MARKET after
sheep gos by by
they emerge to deal with traffic as sheep was a leader
they were jest a clone of sheep with a new name possibly run by
the same outfit and took all the coins and shut down,.

PANDORA
they also took sum coins from folks

SR1 and SR2
jest sum of the dark net online drug traders and there
were more to follow in there foot steps
and there are currently many others available

- - - 

4) M.T.GOX = a exchange site
claim a hack go bankrupt insolvent-see and so on
its common knoll-age what they did
and they also screw folks out there money
and screw up the price of BIT COIN


- -- - - - --------------------------------- - -

BITCOIN GO UP BITCOIN GO DOWN

----------------------------------- - -

Smiley

- - -     

   

dont forget mintpal in this.
lot of forum users have some amount on mintpal me for instance but small amount.
newbie
Activity: 24
Merit: 0
January 23, 2015, 01:37:23 AM
#9
/\

THE TOR MARKET after
sheep gos by by
they emerge to deal with traffic as sheep was a leader
they were jest a clone of sheep with a new name possibly run by
the same outfit and took all the coins and shut down,.

PANDORA
they also took sum coins from folks

SR1 and SR2
jest sum of the dark net online drug traders and there
were more to follow in there foot steps
and there are currently many others available

- - - 

4) M.T.GOX = a exchange site
claim a hack go bankrupt insolvent-see and so on
its common knoll-age what they did
and they also screw folks out there money
and screw up the price of BIT COIN


- -- - - - --------------------------------- - -

BITCOIN GO UP BITCOIN GO DOWN

----------------------------------- - -

Smiley

- - -     

   
newbie
Activity: 24
Merit: 0
January 23, 2015, 01:24:47 AM
#8
/\
continued /\

sheep holding others coins in his vault saw the jump
and locked down the site making it impossible
to get coins out own lee making it possible 
to deposit coins in and eventually shuts down jumps off line
walking away with enough to retire on way over 20 million dollars
and there would be big dumps on exchange sites then to follow
in for big numbers 500,000 sell up to 8 million as he converted
the btc as fast as he could with the balloon and upward btc price

\/   
newbie
Activity: 24
Merit: 0
January 23, 2015, 01:18:18 AM
#7
yes /\   /\ 
1) time table is not exact , a year ago could have bin a year and a half two year ago
approximate about a year or so maybe more
BIT COIN jumps up from around 100 and peaks out around 1200 - - approximate - -  however still a large balloon ,.

2) 200 per coin = this may be the bottom and would be nice as a relative real value
as bit coin has certainly gained in popularity and may never see 100 per coin again
making 200 per coin still twice the value as the new lowest price from past measurement
and would be considered maybe good as we could see a higher top price when it rises
still a very big frenzy needed to brake 1,000 Smiley
it is all so a lot more fun when it gos on a upward climb than a downward spiral
for trade however a solid price that stays in one spot is best
for day traders going up has got to be better than going down

3) fuzz

SR=1 shut down by feds coins sold off in auction people loose there money

SR2.0 after there start up they steal from there vault what they had in there at one point
claim its a hack people loose there money however they also went out of there way to try
and repay there participants and came up with sum long term plan do
SR2.0 shut down by feds

after SR1 shuts
others emerge to take on the traffic

Black Market Reloaded  = HACKED and because operator was honest
i think he repaid people but also shut down do to security issues

SHEEP MARKET PLACE go do your research !
as this was the biggest bad est scam pulled
operator was out of the Czech republic
and when BTC prices went on there upward balloon ride
old sheep instead of collecting his commissions for operation
saw the 100 to 1200 jump holding tuns others people BTC     
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
January 19, 2015, 02:59:47 PM
#6
My bad i got started on 100 but yes it was big.
hero member
Activity: 1022
Merit: 500
January 19, 2015, 09:12:10 AM
#5
What do you mean price went up from 100 to 1200 because "on line drug markets are booming", the bubble started with the end of SilkRoad 1.0.. Sure there were others, but it wasn't the best time for the black market.

price bump up 2013 from 100 to 1200$.
How all speculate that this will happen again so if price is now 200 * 12 = 2400$ is price to expect but some are greedy and want to price to bee 5000$, hey why not on 10000$ i think it will be small.


10$ to 1100$ in 2013!
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
January 19, 2015, 05:08:24 AM
#4
What do you mean price went up from 100 to 1200 because "on line drug markets are booming", the bubble started with the end of SilkRoad 1.0.. Sure there were others, but it wasn't the best time for the black market.

price bump up 2013 from 100 to 1200$.
How all speculate that this will happen again so if price is now 200 * 12 = 2400$ is price to expect but some are greedy and want to price to bee 5000$, hey why not on 10000$ i think it will be small.
hero member
Activity: 490
Merit: 500
January 19, 2015, 03:21:01 AM
#3
What do you mean price went up from 100 to 1200 because "on line drug markets are booming", the bubble started with the end of SilkRoad 1.0.. Sure there were others, but it wasn't the best time for the black market.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 18, 2015, 09:17:16 AM
#2
good stuff!  thanks.
newbie
Activity: 24
Merit: 0
January 18, 2015, 05:47:17 AM
#1
so around a year ago bit coins chugging along
it was around sum reasonable price in the 100 dollar bracket
then it inflates like a balloon up to 1200
then it deflates rather quickly giving a very short window
if anything to cash out and get out wile you still can
this leaves a lot of folks holding not by choice but by necessity''
as they don't want to loose thousands on there investment or money''
they have stuck in the coins so we are still holding and it looks
like it will drop back down to 100 again making cashing out not
realistic at all when you going to loose as much as 1100 per coin

price go-s up last year 100 to 1200
1)on line drug markets are booming
2)a entire country supposedly hops on board , china ,.
3)currency exchange places manipulate the price

so was bit coin in its infants stage
was it easy to manipulate the price upwards
was a new country jumping aboard giving us this rapid inflation in price 

can the price be inflated by sum technology?
because if so it needs to be

did the big exchanges control this technology to help inflate it
to make there money and cash out

the big holders of coins
the on line drug markets
the bit coin exchange places

when the price went up and they had hundreds of thousands of other peoples coins
in there vaults the temptation to make millions of dollars quick was so great that they did
and looted all the coins for them selves making sum ridiculous excuses and blaming hackers
which also control technology trying to break into big bit coin vaults globally as we speak

all this fuzz
the bit coin not being secure
the coins getting stolen
the exchanges loosing everyone-s money
the hackers getting rich
the exchanges running off with millions
the online drug markets running off with millions
the feds shutting down online drug markets
the feds seizing the coins
the feds selling the coins
Tim draper buying in around the 650 marker

the price falling and falling and falling back to the 100 dollar bracket

still there is sum hope as so many people have so much invested in all this


will sum of the upward factors cum into play for the next rise after we bottom out
meaning we got to reach bottom for the coins to have a chance to go in reverse
going back upwards upwards upwards they will most likely stay and hold for a bit
at the bottom


we need a serious frenzy for this upward rise because it will be a quick upward
roller coaster and after so many people waiting they will be selling quick above
600 if we can hit 1000 a lot will be cashing out quick
there will be sum looking for profit and wanting to sell above 1200
and yes this 10,000 a coin thing would be nice but how long you going to wait
and yes you would be rich


this is posted as speculation

i am holding some ware between 50 and 100 coins at the moment

not a lot not a little they were gotten at higher values

and i want my money back

peace
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