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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17595. (Read 26712194 times)

legendary
Activity: 1474
Merit: 1087
At least the altcoiners are getting rich.  Roll Eyes
legendary
Activity: 3431
Merit: 1233
It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.
What the hell happened?
It looks like the price just took a major cack on it's self!

Nothing much happened. I couldn't find any really significant news to trigger a dump. Finex hasn't been "hacked" again. Bitcoin's not going to fork in the near future because neither side has anywhere near enough votes. Maybe JimboToronto's right and finex is driving this dump in an attempt to margin call.

When will the users of chinese exchanges be allowed to move their holdings? Any ideas?

They don't have bitcoins holdings anymore. They sold their bitcoins for altcoins and moved their altcoin holdings. There are no Chinese exchanges anymore. Entire bitcoin business in China is done outside of the exchanges.

LoL, they let them withdraw in alts? I thought they would be smart enough to close all gates... if it's the case...

They withdraw in whatever they can withdraw. They used proceeds to purchase alts.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
more than the blocksize debates, it's the single manufacturer of asics that makes me uncomfortable...
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
The "Human factor" is Bitcoin's biggest threat. Folks tend to tribalism very fast and at the moment they are about to cripple Bitcoin as a storage of value, cause a fork (or even forkS) will mean in the longterm the end of Bitcoin as a storage of value. You can call the other fork "Altcoin" as long as you want, in the end the market doesn't care and value will diminish over time.

Yup. It's about time someone, or rather something, designed a crypto that was purely objective and gave its human followers electric shocks if they tried to fuck with its smooth operation.
sr. member
Activity: 392
Merit: 250
This dump makes me kinda pissed.  Angry . But who cares it bounces back in 2 days
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.
What the hell happened?
It looks like the price just took a major cack on it's self!

Nothing much happened. I couldn't find any really significant news to trigger a dump. Finex hasn't been "hacked" again. Bitcoin's not going to fork in the near future because neither side has anywhere near enough votes. Maybe JimboToronto's right and finex is driving this dump in an attempt to margin call.

When will the users of chinese exchanges be allowed to move their holdings? Any ideas?

They don't have bitcoins holdings anymore. They sold their bitcoins for altcoins and moved their altcoin holdings. There are no Chinese exchanges anymore. Entire bitcoin business in China is done outside of the exchanges.

LoL, they let them withdraw in alts? I thought they would be smart enough to close all gates... if it's the case...
legendary
Activity: 3431
Merit: 1233
It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.
What the hell happened?
It looks like the price just took a major cack on it's self!

Nothing much happened. I couldn't find any really significant news to trigger a dump. Finex hasn't been "hacked" again. Bitcoin's not going to fork in the near future because neither side has anywhere near enough votes. Maybe JimboToronto's right and finex is driving this dump in an attempt to margin call.

When will the users of chinese exchanges be allowed to move their holdings? Any ideas?

They don't have bitcoins holdings anymore. They sold their bitcoins for altcoins and moved their altcoin holdings. There are no Chinese exchanges anymore. Entire bitcoin business in China is done outside of the exchanges.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
And back up once they are done. Manipulation at its finest.

still almost 10% less than 12 blocks ago...
hero member
Activity: 658
Merit: 503
Bear with me
And back up once they are done. Manipulation at its finest.
ImI
legendary
Activity: 1946
Merit: 1019
but nonetheless very annoyed because of the bad actors in this community.

I for one am pretty amazed there aren't more of them. Bitcoin is a very fertile petri dish for every conceivable type of disgusting behaviour.

The "Human factor" is Bitcoin's biggest threat. Folks tend to tribalism very fast and at the moment they are about to cripple Bitcoin as a storage of value, cause a fork (or even forkS) will mean in the longterm the end of Bitcoin as a storage of value. You can call the other fork "Altcoin" as long as you want, in the end the market doesn't care and value will diminish over time.
sr. member
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.
What the hell happened?
It looks like the price just took a major cack on it's self!

Nothing much happened. I couldn't find any really significant news to trigger a dump. Finex hasn't been "hacked" again. Bitcoin's not going to fork in the near future because neither side has anywhere near enough votes. Maybe JimboToronto's right and finex is driving this dump in an attempt to margin call.

When will the users of chinese exchanges be allowed to move their holdings? Any ideas?
legendary
Activity: 2772
Merit: 2846
It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.
What the hell happened?
It looks like the price just took a major cack on it's self!

Nothing much happened. I couldn't find any really significant news to trigger a dump. Finex hasn't been "hacked" again. Bitcoin's not going to fork in the near future because neither side has anywhere near enough votes. Maybe JimboToronto's right and finex is driving this dump in an attempt to margin call.
legendary
Activity: 3990
Merit: 4597
but nonetheless very annoyed because of the bad actors in this community.

I for one am pretty amazed there aren't more of them. Bitcoin is a very fertile petri dish for every conceivable type of disgusting behaviour.

totally agree...high % of win/loss attract players who don't mind playing games.
hero member
Activity: 616
Merit: 500
is crypto dead?

No we will see 2k next month, 5k in september, 10k in 2019, 100 000k in 2022 etc... stop fudding
hero member
Activity: 665
Merit: 500
Wow. I just got home and I see we're in the middle of a shitshow.

Someone's obviously spending a lot of money to try to start a panic. It seems to be driven by Finex. An attempt to margin call?

Margin trading is a way for brokerages, exchanges, etc. to shake down the rubes. A classic example was last Friday with the flash spike to an ATH in the morning, margin calling many shorts, followed by the flash crash down under $1000 after the ETF decision, margin calling many longs.

Those prudent enough to have appropriately placed bids and asks could have sold for over $1300 in the AM and bought for under $1000 in the  PM and made a tidy profit. Margin trading is for suckers.

When the price dipped down under $1150 a few minutes ago, it was close to what I'd consider a buyable dip. Now it's creeping back up a little but I'll keep a close eye on the price and carry enough cash to run out and buy some more.

I never got the bucks I was expecting on Sunday but have been emphatically assured I'll get my money on Monday after a 5-banking-day hold is lifted. I think I can spare enough to buy a half a coin without leaving myself too cash strapped over the weekend. Half a coin is better than no coins at all.

Let's see how this little dip pans out. I've got until midnight (4:00AM UTC) to decide.

Oops. We seem to be going down again. How low do we go?

Save your money. Sounds like you are close to all in. Not good
legendary
Activity: 1512
Merit: 1012
full member
Activity: 280
Merit: 100
sr. member
Activity: 303
Merit: 250
It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.
What the hell happened?
It looks like the price just took a major cack on it's self!
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