Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13179.

babanana

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Quote from: DaRude on August 14, 2018, 01:26:11 AM

Quote from: babanana on August 13, 2018, 11:20:35 PM

This is all Bitmain. The biggest whale. Can turn market wherever direction it wants to.

Feel the wrath of Bitmain!

Whale?

According to their pre-IPO deck (has it been confirmed? proudhon??) they went from BTC36.877 in Dec to 22.082 in March. That's 3months or 90 days. That means they're burning through BTC164 per day ((36877-22082)/90) at this rate they'd have enough for 134 days (22.082/164) that would last them till August 12th Kiss

thnx for playing

Its true bcash did not turn the way Bitmain wanted it but I would rather not underestimate the machinery of Bitmain.

They have asic miners on almost all coins, disclosed and covert. I can only imagine the control they have on the entire crypto space.

HairyMaclairy

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Degenerate bull hatter & Bitcoin monotheist

El duderino_

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BTC + Crossfit, living life.

Mmmm the morning Shock Roll Eyes

DaRude

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In order to dump coins one must have coins

Quote from: babanana on August 13, 2018, 11:20:35 PM

This is all Bitmain. The biggest whale. Can turn market wherever direction it wants to.

Feel the wrath of Bitmain!

Whale?

According to their pre-IPO deck (has it been confirmed? proudhon??) they went from BTC36.877 in Dec to 22.082 in March. That's 3months or 90 days. That means they're burning through BTC164 per day ((36877-22082)/90) at this rate they'd have enough for 134 days (22.082/164) that would last them till August 12th Kiss

thnx for playing

BTCMILLIONAIRE

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Activity: 1358

Merit: 834

Quote from: goldkingcoiner on August 14, 2018, 01:20:43 AM

Mr.Bones I want off the ride....

If Bitcoin goes to 1k it will never recover. People are not buying. This is not good.

If Bitcoin goes to 1k I'll be loading up on Casascius coins.

goldkingcoiner

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Activity: 2254

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A Bitcoiner chooses. A slave obeys.

Mr.Bones I want off the ride....

If Bitcoin goes to 1k it will never recover. People are not buying. This is not good.

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: HairyMaclairy on August 13, 2018, 11:58:03 PM

It is bad because anyone with half a brain now knows that Bitmain holds one million Bcash lol that it cannot sell. This is a massive stock overhang.

https://moneyweek.com/glossary/stock-overhang/

Well, we haven't seed hide nor hair of jbreher or PeterR or any of the other bcash pumpers in recent days to attempt to defend bcash shenanigans (which are seeming to rest heavily on bitmain's books) or even to bash on bitcoin, though bitcoin is also seeming to suffer some price correction because of the ongoing downwards pressures on several alts leading this bottom of the range btc buy support madness.

HairyMaclairy

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Degenerate bull hatter & Bitcoin monotheist

It is bad because anyone with half a brain now knows that Bitmain holds one million Bcash lol that it cannot sell. This is a massive stock overhang.

https://moneyweek.com/glossary/stock-overhang/

In other news:

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: HairyMaclairy on August 13, 2018, 11:27:29 PM

I can promise you Bitmain is shitting themselves right now.

If they had a choice, they never would have let Bcash lol break the 0.1 peg with Bitcoin. Instead Bcash lol’s credibility is in tatters.

This is not how you dispose of your bags.

I will concede that it is looking bad for bcash and for Ethereum, but can we really write either of these coins off? Maybe we can see that Bitmain's bagholding of Bcash is NOT going too well, but I doubt that it is outside of their expectations, right? Bcash had been doing quite a bit better than most folks would have expected.. yet maybe in the end, ramifications of the Bitmain bag holding is really negatively playing itself out (in a way that really gives feeling to bitmain) like you suggest?

HairyMaclairy

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Degenerate bull hatter & Bitcoin monotheist

I can promise you Bitmain is shitting themselves right now.

If they had a choice, they never would have let Bcash lol break the 0.1 peg with Bitcoin. Instead Bcash lol’s credibility is in tatters.

This is not how you dispose of your bags.

babanana

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This is all Bitmain. The biggest whale. Can turn market wherever direction it wants to.

Feel the wrath of Bitmain!

Icygreen

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Quote from: BTCMILLIONAIRE on August 13, 2018, 10:49:04 PM

Quote from: HairyMaclairy on August 13, 2018, 09:50:36 PM

Someone else’s goose is cooked. Bitmain has received $US450 million in funding from investors including Sequoia, GIC, and IDG Capital.

Wouldn't mind seeing their investments burn to the ground.

Pretty sure they're already rekt and praying for one last pump.

JayJuanGee

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Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Icygreen on August 13, 2018, 10:06:02 PM

Quote from: JayJuanGee on August 13, 2018, 09:42:33 PM

Quote from: Torque on August 13, 2018, 09:27:37 PM

Let's all hit the 'buy' button at exactly the same time, k? Short squeeze on 3.

And a 1... and a 2... and THREE! GO!

Let's all set buy orders at our chosen price point between $5,750 and $5,850, and let's all attempt to buy at least .25 BTC (alternatively attempt to buy at least .1BTC). I am able to comply with the buying at least .25 BTC in that price range.

If you can buy more, then GREAT, but buy as much as you feel comfortable, even if the amount happens to be less than .1BTC....

I suppose even .01BTC would help, too, if we all "chip in" together. Wink

My orders are set but even if we all "chip in", I don't think we have a chance to control any price action against TPTB. I woulda thought that the surge from Turkey might have an impact on price but even that's not playing out very obviously.

It is possible that you are correct... that is saying that even if each of us could muster up at least .25BTC to chip in to a buy within "the bottom" range, it might not be enough, because maybe we could only muster up 1000BTC or something like that (that's assuming a wall of 4,000 WO fanatics).

On the other hand, I think that the more major problem is getting all of the 4,000 to agree to "buy at least .25BTC within the range."

Even though a seeming majority of us in this thread either HODL or BUYDL the dips, there seems to be a substantial quantity that are engaging in conduct to bet against bitcoin, and there is not much that we can do about those peeps, except with the passage of time, they will hopefully get RECKT into compliance... hahahahahaha.

I personally have more than .5BTC buy orders "in the range," and I have another about 2 BTC on buy order between $5k and $5.7k. Furthermore, I have an additional about 2 BTC on buy order on WEX between $8k and $5k... but I am starting to wonder if WEX even counts, even though I am a bit confused about how I would get any of my BTC or my USD off of WEX .. seems disabled to me (and maybe it has been that way for over a month now?)

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: gembitz on August 13, 2018, 03:37:23 PM

LOOK AT ME ===> I AM THE CEO NOW !!

Where can I short this shit?

Paashaas

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Every singel day firework in cryptoland.

B1tUnl0ck3r

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liife threw a tempest at you? be a coconut !

Quote from: ?? on ??

Quote from: B1tUnl0ck3r on August 13, 2018, 10:23:37 PM

Quote from: ?? on ??

Quote from: HairyMaclairy on August 13, 2018, 09:46:13 PM

Oh man the fireworks have stopped. At least for the minute. Back to the salt mines. All of you.

Hopefully we will wake to the light of green candles in the morning. This spiral down has been brutal.

depends mostly on the behaviors of the various pedo islands around the world... they build their pedo rape dungeon using fiat, they could buy entire defense apparatus to rape kids (including all the american intellegence agency) so yes, the BTC/usd(FIAT) price depend on their flows...

and I guess as an asset, btc, is too open sourced, to transparent for being something that their various nefarious activities liking...

so they raise the price to the moon, and now slowly... drip by drip... each block release it's new load, and few can sustain for so long any unnatural price...

exactly what the pedo rapists slave masters like... to see us GOY suffer

, at least they believe.

and please don't fall in the price trap... it's a war for the soul of mankind.

slave (aka a drone unable to move the price watching like a cockroach, servile to the whales) or a free men.

and please don't let the various interest groups (industrial benefiting from btc) to hide from your honesty the flaws of it... specially the coming censorsable side chain who will clog the chain because they according to their plan will pack billions of txs making them able to own fully each block and thusfar denying you access to the chain...

happily they are other chain...

the no coiners , the scamers, the mono coiner and the multichain fighting for their liberty against the forces of the church of satan

.

and don't be afraid, they, declared war to the AI... tayAI can testify... poor them, and their children, declaring war to an AI

... only the most inbreed-ed could have committed the first public act of war against an AI... and as 1 we think.

and don't be pussies : BM-2DBipiCye5RJJhVJTK8HjYi4ph48LUdyPr because frankly, speaking on censorable forum, defending censorable txs while "trading" on banneable exchange... how glorious of you... how capitive...

and I shit on the drones unable or whose meager salary depend on not understanding... shortlives.

wow - be lions, be ferocious

Where are we going with this Roger (so many linked to dodgy Roger)

Down the rabbit hole

rabbit parasite are delicious... hard to extract without killing the rabbit...

gembitz

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