Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16204.

gembitz

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Activity: 1848

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*Brute force will solve any Bitcoin problem*

Quote from: JimboToronto on October 29, 2017, 11:28:57 AM

Quote from: Rosewater Foundation on October 29, 2017, 11:16:17 AM

AltGodl is up too, currently $108

AltGold doesn't even exist yet. It's still in its sleazy pre-mining period.

Any prices now are basically on futures. We'll see if there's ever any real value to it.

The only reason I quote AltCash is that it's actually worth something, albeit pretty much only at South Korean exchanges.

KekGold is not even a real coin brah Cool

#bitcoin #moonshipzzz #weee

bitserve

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Self made HODLER ✓

Quote from: bones261 on October 29, 2017, 10:59:27 AM

Quote from: Torque on October 29, 2017, 10:27:37 AM

Quote from: ivomm on October 29, 2017, 10:22:38 AM

Last few days BTC was oversold. The depth of the markets shows that the demand is rapidly increasing. Moreover at least 1/3 of the miners switched to BCH which is more profitable by 50%. I expected the price would hold during the weekend and probably go up in the next few days. Who knows, may be another ATH is coming?

Since Ver/Wu/Wright own 97% of BCH mining, they can do the following:

1. Mine BCH, wash trade, and accumulate BCH on the down low

2. Switch mining hashrate from BTC to BCH

3. Pump BCH, lock up mining blocks, trade BCH for BTC into the pump

4. Switch hashrate back to BTC, pump BTC

5. Sell traded BTC into the pump, or just hold on to it (making them wealthier).

6. Profit

I contend that BCH is still just a money making scam to them. Sad that anyone would fall for that garbage. They don't want BCH, they want your Bitcoin. You'll see all that here soon, when you see BCH drop and BTC start to rise again.

And don't think for a second that their little operation isn't being "subsidized" by outside elements.

The problem with your assessment is that the two major mystery miners(probably two farms run by Jihan Wu) have not moved any of the coins that they mined.

https://www.blocktrail.com/BCC/address/17Wk4GPKw9nZ9PbspzaxN3fv1L2m9NA9dg/transactions/out/0
https://www.blocktrail.com/BCC/address/1BgatB78WrFLdCgnPnBqiDcNFFA46jkPZe/transactions/out/0

That's very interesting. So they are accumulating and betting on some future pump.

JimboToronto

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You're never too old to think young.

Quote from: Rosewater Foundation on October 29, 2017, 11:16:17 AM

AltGodl is up too, currently $108

AltGold doesn't even exist yet. It's still in its sleazy pre-mining period.

Any prices now are basically on futures. We'll see if there's ever any real value to it.

The only reason I quote AltCash is that it's actually worth something, albeit pretty much only at South Korean exchanges.

sirazimuth

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born once atheist

fun fact...
breaking $6000 price ($6005 to be precise) breaks 12th digit for market cap ($100 billion)

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: JimboToronto on October 29, 2017, 11:08:37 AM

Well a very good morning Bitcoinland.

I see I woke up just in time for a rally. It's moving so quickly there's almost no point in posting a price but it just hit $6017USD/$7709CAD at Bitcoinaverage.

AltCash is also up nicely at $456USD/$585CAD (Coinmaketcap). For those still holding both, that's a total of $6473USD or $8194CAD per old coin. Not bad.

Go Bitcoin go.

$6OOO hitting how boring >>>

~> let's go $10000+ today :-D weeeeee

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: mike4001 on October 29, 2017, 10:55:34 AM

WOAH WOAH WOAH

whats going on there ..... calm down ...

$6000 is broken now $7OOO here we gogogo Cheesy

weeeeee

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

Quote from: JimboToronto on October 29, 2017, 11:08:37 AM

Well a very good morning Bitcoinland.

I see I woke up just in time for a rally. It's moving so quickly there's almost no point in posting a price but it just hit $6017USD/$7709CAD at Bitcoinaverage.

AltCash is also up nicely at $456USD/$585CAD (Coinmaketcap). For those still holding both, that's a total of $6473USD or $8194CAD per old coin. Not bad.

Go Bitcoin go.

AltGodl is up too, currently $108

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Well a very good morning Bitcoinland.

I see I woke up just in time for a rally. It's moving so quickly there's almost no point in posting a price but it just hit $6017USD/$7709CAD at Bitcoinaverage.

AltCash is also up nicely at $456USD/$585CAD (Coinmaketcap). For those still holding both, that's a total of $6473USD or $8194CAD per old coin. Not bad.

Go Bitcoin go.

starmman

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Activity: 1484

Merit: 1029

Quote from: bitserve on October 29, 2017, 10:57:42 AM

Someone sold a bunch of BCH to buy moar BTC?

Today is crazy! Markets are all over the place - Love days like this =D

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: Torque on October 29, 2017, 10:27:37 AM

Quote from: ivomm on October 29, 2017, 10:22:38 AM

Last few days BTC was oversold. The depth of the markets shows that the demand is rapidly increasing. Moreover at least 1/3 of the miners switched to BCH which is more profitable by 50%. I expected the price would hold during the weekend and probably go up in the next few days. Who knows, may be another ATH is coming?

Since Ver/Wu/Wright own 97% of BCH mining, they can do the following:

1. Mine BCH, wash trade, and accumulate BCH on the down low

2. Switch mining hashrate from BTC to BCH

3. Pump BCH, lock up mining blocks, trade BCH for BTC into the pump

4. Switch hashrate back to BTC, pump BTC

5. Sell traded BTC into the pump, or just hold on to it (making them wealthier).

6. Profit

I contend that BCH is still just a money making scam to them. Sad that anyone would fall for that garbage. They don't want BCH, they want your Bitcoin. You'll see all that here soon, when you see BCH drop and BTC start to rise again.

And don't think for a second that their little operation isn't being "subsidized" by outside elements.

And that is probably what the copy cats of Gold want(ed) to immitate... . Not good for BTC.

bones261

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Activity: 1806

Merit: 1828

Quote from: Torque on October 29, 2017, 10:27:37 AM

Quote from: ivomm on October 29, 2017, 10:22:38 AM

Last few days BTC was oversold. The depth of the markets shows that the demand is rapidly increasing. Moreover at least 1/3 of the miners switched to BCH which is more profitable by 50%. I expected the price would hold during the weekend and probably go up in the next few days. Who knows, may be another ATH is coming?

Since Ver/Wu/Wright own 97% of BCH mining, they can do the following:

1. Mine BCH, wash trade, and accumulate BCH on the down low

2. Switch mining hashrate from BTC to BCH

3. Pump BCH, lock up mining blocks, trade BCH for BTC into the pump

4. Switch hashrate back to BTC, pump BTC

5. Sell traded BTC into the pump, or just hold on to it (making them wealthier).

6. Profit

I contend that BCH is still just a money making scam to them. Sad that anyone would fall for that garbage. They don't want BCH, they want your Bitcoin. You'll see all that here soon, when you see BCH drop and BTC start to rise again.

And don't think for a second that their little operation isn't being "subsidized" by outside elements.

The problem with your assessment is that the two major mystery miners(probably two farms run by Jihan Wu) have not moved any of the coins that they mined.

https://www.blocktrail.com/BCC/address/17Wk4GPKw9nZ9PbspzaxN3fv1L2m9NA9dg/transactions/out/0
https://www.blocktrail.com/BCC/address/1BgatB78WrFLdCgnPnBqiDcNFFA46jkPZe/transactions/out/0

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

Quote from: mike4001 on October 29, 2017, 10:55:34 AM

WOAH WOAH WOAH

whats going on there ..... calm down ...

The foundation just made a sizeable investment in Bitcoin. You're welcome.

bitserve

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Activity: 1932

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Self made HODLER ✓

Someone sold a bunch of BCH to buy moar BTC?

Punisher1314

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Smaller fishes can be younger but also smart ;p

K-booooooom!! Typicall, everybody watching the BCH pump before it starts plummeting, then BTC skyrockets..

mike4001

sr. member

Activity: 443

Merit: 260

WOAH WOAH WOAH

whats going on there ..... calm down ...

DaRude

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In order to dump coins one must have coins

Well that escalated quickly Grin

bitcoinPsycho

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$120000 in 2024 Confirmed

$6060 on finex

CristiTCM

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Quote from: ivomm on October 29, 2017, 10:22:38 AM

Last few days BTC was oversold. The depth of the markets shows that the demand is rapidly increasing. Moreover at least 1/3 of the miners switched to BCH which is more profitable by 50%. I expected the price would hold during the weekend and probably go up in the next few days. Who knows, may be another ATH is coming?

Thanks for the tip. just bought another 0.1 btc

Globb0

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