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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16921. (Read 26720873 times)

full member
Activity: 420
Merit: 108
When will the fud end?
legendary
Activity: 3431
Merit: 1233
I am somewhat in favor for another purge of the ecosystem so that any remaining complaints like "Bitcoin is only used for crime" get left behind.

This is a fallacy.

Money will always be used to pay for crime. The more real money is the more often it'll be used to pay for crime. If Bitcoin is the only real money it goes without saying that only Bitcoin will be used for crime! If you live in a society without money that means you're living in a jail.
legendary
Activity: 3794
Merit: 5474
I am somewhat in favor for another purge of the ecosystem so that any remaining complaints like "Bitcoin is only used for crime" get left behind.

And yet the mysterious ESF and big banks like Citi, JP Morgan, and HSBC are allowed to launder billions of black market U.S. dollars per year with impunity.

https://www.youtube.com/watch?v=R5Y4UGPQTLg
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Quote
He is suspected of heading a criminal organization since 2011 that "owns, operates and manages one of the world's leading e-crime websites"

Bitcoin exchange is an "e-crime website"? Give me a break.

Yep. That's how it works, any website where illicit activities take place is considered an e-crime website. No matter what percentage of its grand total is really related to those crimes (including money laundering).

I am somewhat in favor for another purge of the ecosystem so that any remaining complaints like "Bitcoin is only used for crime" get left behind.

I agree. A purge of this whole US Drug War would go a long way toward making society better.

Labeling every little thing as "money laundering" just because you can't track every penny in the world is ridiculous.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Quote
He is suspected of heading a criminal organization since 2011 that "owns, operates and manages one of the world's leading e-crime websites"

Bitcoin exchange is an "e-crime website"? Give me a break.

Yep. That's how it works, any website where illicit activities take place is considered an e-crime website. No matter what percentage of its grand total is really related to those crimes (including money laundering).

I am somewhat in favor for another purge of the ecosystem so that any remaining complaints like "Bitcoin is only used for crime" get left behind.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Quote
He is suspected of heading a criminal organization since 2011 that "owns, operates and manages one of the world's leading e-crime websites"

Bitcoin exchange is an "e-crime website"? Give me a break.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
BitMixer maybe?

BTC-e most probably.

$4 *BILLIONS* laundered? An exchange or.. yeah maybe bitmixer, but I bet on btc-e

You don't really launder money with a mixer, on the contrary... no matter what you input to it, the output is "black cash" as it breaks the trace of its origins.
legendary
Activity: 2674
Merit: 3000
Terminated.
This is the month of max FUD. Not everyone gets to survive.
It does seem like it, doesn't it? UAHF, Bitcoin ABC, Bitcoin Cash, Alphabay and Hans seized, Bitmixer gone, BTC-e suddenly down. Roll Eyes

And Bitmixer ceases operations with some "weird" statement like he has just now realized that mixers are bad for Bitcoin.

Something is happening... not necessarily a bad thing though.
"Something". Anything centralized and illegal which grows that big eventually will get found and shut down. That's for sure. However, this is a non issue with the rise of decentralized solutions, e.g. JoinMarket and Tumblebit. They are superior to mixers anyways.

Possibly related to the BTC-e debacle?

http://www.reuters.com/article/us-greece-russia-arrest-idUSKBN1AB1OP
Quote
Greek police arrested a Russian man suspected of running a money laundering operation involving turning $4 billion from illicit business activities into the digital currency bitcoin, they said on Wednesday.
Speculation like that often only leads to panic. It is possibly as the story would fit, but I wouldn't place any bets on it yet.

I wonder how much BTC-e going down has affected the price.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy  Cry
21/07 Mr Frog Cry
22/07 Protokol Sad
23/07 Bitcoinaire Sad
24/07 Lost_in_base Sad
25/07 rjclarke2000 Sad
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest


Getting closer!  Cool But it looks like we might get to ATL first... .  Grin Grin

better not Wink
jr. member
Activity: 128
Merit: 9
hero member
Activity: 1011
Merit: 721
Decentralize everything
Possibly related to the BTC-e debacle?

http://www.reuters.com/article/us-greece-russia-arrest-idUSKBN1AB1OP

Quote
Greek police arrested a Russian man suspected of running a money laundering operation involving turning $4 billion from illicit business activities into the digital currency bitcoin, they said on Wednesday.
legendary
Activity: 3794
Merit: 5474
Quote from: Torque
Remember folks:
Whale insiders don't just massively run up a thin market with leverage, unless they've got a way to also bring it down waiting in their back pocket... if it happens, it was all by design.
 Wink

For example...
http://www.businessinsider.com/chipotle-conspiracy-theory-gains-steam-2017-7
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
AlphaBay went down weeks ago.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
The longer btc-e is down, the lower the price will go on speculation that yet another exchange was hacked.

Yikes. I bet their troll box guys are starting to freak out.

Wonder if they have any connection with the AlphaBay stuff?

This is what first crossed my mind, AlphaBay goes dark, founder 'commits suicide', BTC-e goes down ... sounds like the whole thing went pear shaped in a shoot-out at OK-Corral kind of way.

I guess we just have to wait to see how many dead bodies and corrupt cops float to the surface now.

And Bitmixer ceases operations with some "weird" statement like he has just now realized that mixers are bad for Bitcoin.

Something is happening... not necessarily a bad thing though.

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
The longer btc-e is down, the lower the price will go on speculation that yet another exchange was hacked.

Yikes. I bet their troll box guys are starting to freak out.

Wonder if they have any connection with the AlphaBay stuff?

This is what first crossed my mind, AlphaBay goes dark, founder 'commits suicide', BTC-e goes down ... sounds like the whole thing went pear shaped in a shoot-out at OK-Corral kind of way.

https://www.washingtonpost.com/news/morning-mix/wp/2017/07/18/suspected-alphabay-founder-dies-in-bangkok-jail-while-online-black-market-remains-closed/

I guess we just have to wait to see how many dead bodies and corrupt cops float to the surface now.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
The longer btc-e is down, the lower the price will go on speculation that yet another exchange was hacked.

May be an exit scam, may be not:
http://www.livebitcoinnews.com/unscheduled-data-center-outage-keeps-btc-e-exchange-offline/
legendary
Activity: 3794
Merit: 5474
The longer btc-e is down, the lower the price will go on speculation that yet another exchange was hacked.

Yikes. I bet their troll box guys are starting to freak out.

Wonder if they have any connection with the AlphaBay stuff?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Bitcoinwisdom without bitcoin

sr. member
Activity: 854
Merit: 307
Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy  Cry
21/07 Mr Frog Cry
22/07 Protokol Sad
23/07 Bitcoinaire Sad
24/07 Lost_in_base Sad
25/07 rjclarke2000 Sad
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest


Getting closer!  Cool But it looks like we might get to ATL first... .  Grin Grin
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