Topic: Could this be the reason for the recent rise in Bitcoin price? - page 2. (Read 278 times)
What you're trying to ask does not tally with the story line ofbthe whole situation, ransomware is an attack by a set of people that they target a specific victim to invade, how is the power outage related to the bitcoin price and ransomware i still can't find the correlation and the article is not pin pointing at it specifically, i know that cyber attacks has gone a new dimension now that many attackers uses and develop but not in this regard where the bitcoin price cannot be manipulated.
I would like to mention Some Reasons that might be behind BTC's recent Bullish market sentiments. Recently market is trying to approach the Golden cross that might be a strong reason behind the markets current behavior as i can see more and more liquidation.
- Chinese New Year ended on 22nd Jan
- Because I am Bullish (Kidding)
- US dollar Recent Developments
Could this be the reason for the recent spike in Bitcoin price?
BTC is in bear market for more than 600 days. Going almost only south for last 400+ days. "spike" you are talking about did not even hit a 0.236 FIB level, not even close (>28k). There is literary no news needed for such small relief rally. Pump to 40k is a decent recovery after 69-15k dump. Everything below that is a small push that market needs to kick overleveraged shorts.
"tucker fans" "fox news"
i think the issue is topic creator is looking at the wrong types of people as sources
its not due to FIAT debt ceiling or airports or any of that crap
its this simple
institutional betting on futures gambles of spot prices of bitcoin means those institutions then bot trade the spot market to keep the prices down / within their thin scope (resistance walls) so they their futures gambles win when they expire.. then the whales just turn off their bots for a few hours or days before setting a new narrow scope they want the price to sit between for the next period
you can spot it because looking on the 6 month market view. you see that for 1-8 weeks at a time the markets prices are thinly moving in pretty much horizontal for 1-8 weeks at a time
i think the issue is topic creator is looking at the wrong types of people as sources
its not due to FIAT debt ceiling or airports or any of that crap
its this simple
institutional betting on futures gambles of spot prices of bitcoin means those institutions then bot trade the spot market to keep the prices down / within their thin scope (resistance walls) so they their futures gambles win when they expire.. then the whales just turn off their bots for a few hours or days before setting a new narrow scope they want the price to sit between for the next period
you can spot it because looking on the 6 month market view. you see that for 1-8 weeks at a time the markets prices are thinly moving in pretty much horizontal for 1-8 weeks at a time
Did you maybe read the article, any of the ones you linked? Nowhere is it mentioned that it is ransomware, nor that any kind of ransom is being demanded, and even if this is miraculously true, do you think that the attacker would demand such an amount in BTC that it would affect the entire crypto market? Even if governments decide to buy BTC, they would certainly not do it on the open market, but would use OTC.
I entirely agree with what you said cos I didn't see that too and even though I am not a US citizen I do know that FOX News is nowhere near a friend of the Democrat and I wouldn't be surprised of that alleged allegation of buying Bitcoin to pay the "Hackers" but does this mean all the other government must have done the same too? however, the incidence is quite a coincidence. Quote
They do have a rough idea of what caused it, and it's linked back to this corrupted database file that appeared to be getting uploaded, and then they thought the issue was fixed. All of this goes back to Tuesday afternoon, you know, more than 12 hours before passengers started to really feel the impact. They thought it was fixed. Then they had to go back. They realized they had the same problem, and then they essentially decided to pull the plug and start the system over again. And this is quite an old system, right? It goes back to the '50s.
JOSEPHS: It does. I mean, they are in the process of modernizing it. The issue is with this bad file. And if you've ever tried to attach something to an email that, you know, maybe it was a corrupted file and you just kept hitting the same wall and the person receiving the email wasn't able to open it...
JOSEPHS: It does. I mean, they are in the process of modernizing it. The issue is with this bad file. And if you've ever tried to attach something to an email that, you know, maybe it was a corrupted file and you just kept hitting the same wall and the person receiving the email wasn't able to open it...
Did you maybe read the article, any of the ones you linked? Nowhere is it mentioned that it is ransomware, nor that any kind of ransom is being demanded, and even if this is miraculously true, do you think that the attacker would demand such an amount in BTC that it would affect the entire crypto market? Even if governments decide to buy BTC, they would certainly not do it on the open market, but would use OTC.
Quote
They do have a rough idea of what caused it, and it's linked back to this corrupted database file that appeared to be getting uploaded, and then they thought the issue was fixed. All of this goes back to Tuesday afternoon, you know, more than 12 hours before passengers started to really feel the impact. They thought it was fixed. Then they had to go back. They realized they had the same problem, and then they essentially decided to pull the plug and start the system over again. And this is quite an old system, right? It goes back to the '50s.
JOSEPHS: It does. I mean, they are in the process of modernizing it. The issue is with this bad file. And if you've ever tried to attach something to an email that, you know, maybe it was a corrupted file and you just kept hitting the same wall and the person receiving the email wasn't able to open it...
JOSEPHS: It does. I mean, they are in the process of modernizing it. The issue is with this bad file. And if you've ever tried to attach something to an email that, you know, maybe it was a corrupted file and you just kept hitting the same wall and the person receiving the email wasn't able to open it...
There was a recent report about aviation blackouts in US, Canada and the Philippines (https://www.npr.org/2023/01/12/1148633623/flights-were-grounded-across-the-u-s-as-the-faa-scrambled-to-fix-a-system-outage), though there has been some explanations to the likely cause of the outage, but this man's reason (https://t.me/TuckerFans/1090) seems to catch attention considering that the aviation is a critical infrastructure that must not be toyed with. He says that the outage is a possible cyber attack on the Government infrastructures, including Canada (https://www.independent.co.uk/news/world/americas/canada-flights-system-outage-grounded-b2260500.html) and The Philippines (https://www.thenationalnews.com/travel/news/2023/01/01/philippines-closes-airspace-to-international-flights-due-to-technical-issues/) and it is possible ransom payment have been made in BTC. Could this be the reason for the recent spike in Bitcoin price?
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