Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16699. (Read 26710890 times)

Yeah but have you seen Gemini's cryo storage? It's so high tech. They chill the bitcoin down to 0 Kelvin to keep the coins nice and fresh for the future.

What even is Cryo storage? a paper wallet kept in the freezer?

Yes, ok, but with some nice ups and downs anyway, makes it more exiting... .

I don't remember any time where the ATH wasn't just a violent spike followed by another violent dump. Here we are having just a stable continuous rise of a few percent points per day.

Sounds like healthy growth to me, more so considering the fundamental improvements.... there will be dips for sure... but when will be next?

Also, August has never been a particularly good month for price increase, on the contrary.

Plus I am sure there have been many people profit taking along all this rise... Wonder if they will try to get back at some time in the future.

The slow grind up to ATH's is nice and nothing like 2013 with the dizzying highs/lows. Things are just getting started.

$5000 will be the new floor~ mainstream adoption inkominggg

Of course, we are being manipulated by these fake announcements... 

Yep... next meaningful resistance area  is  the $4800 to $6800 arena.. and then after that between about $8500 to $13000. 

$10k will be a whiz, once we are in the middle of that $8500 to $13000 price arena..

Yeah, but most of the victims do not have Bitcoin and have just possibly heard a bit about it. I don't think that slapping "register to Kraken, buy Monero, etc." instructions on the ransomware would be too difficulty. Monero is harder to use than Bitcoin, but it shouldn't be that hard.

It is kind of boring until at least $4k. I don't like the mini wall on Bitstamp on $3600.

Yep, 'zactly.

Like this supposed "things heating up" thing with NK. Yeah riiiight. 30 straight years of no heating up with NK, no incidents at all. Now all of a sudden within 6 months we're near the brink of war?

Yeah, not buying it. Look for some false flag event du jour coming soon. Yellen needs her bubble popping market crash event asap.

wasn't just the post war propaganda/films that lead us to believe wrongly that we and our tax-dodging allies actually won that war and the Russians played little part.

was also institutional memory of one of our armies patiently watching and waiting outside Berlin while the Soviets failed to turn up for weeks on end, because the agreement was Uncle Joe could take Berlin

and was the war stories of others of our armies who could have taken Berlin but were diverted north to liberate Belgium and Holland

Another day, another ATH. Yawn.
By the end of month we'll be beyond $5K.

so much fun playin "ATH-spotting" on my mobile phone @bitcoinity. screenshot whenever you spot one.. ...

Your conspiracy brain is probably right in that those actors are doing worse things than that. But I can tell you I have dealt with extortionist on a few cases (minor ones, small companies hit by an automated ransomware campaign demanding around $300 per pc in BTC) and I can (almost) assure you it was just regular digital criminals what was on the other side.

I am confident that those actors you mention are busy with way more important issues than Bitcoin is at this time.... plus... they are not yet sure if cryptocurrencies are good or bad for their "business". Once the time comes, they will center their efforts more in taking advantage for their own goals than in simply "attacking"/"destroying".

If that's true, its the same way we know JFK, 9/11, Oklahoma, Boston, Elections, etc. get rigged.  I'll bite on the conspiracy theory only because most every piece of big news never gets told at face value.

Another thought. My conspiracy brain is always on. I'm not so sure that these ransomware attacks asking for bitcoin, are truly initiated by "bad guys".

How do we know they aren't being initiated by the Feds, deep statists, or whoever in order to continue their smear campaign against Bitcoin?

How would we in the public know otherwise?

How do we know that BTC-e wasn't framed?

But.... There are regulated exchanges that do have Monero, ie: KRAKEN.

Also the extortionist have a support line for explaining the "client" how to do it, there's not that much overhead for explaining how to obtain the Moneros instead of Bitcoin.. plus... when we are talking about this sums and corporates, I am sure they have access to cryptocurrencies "experts" that can obtain it for them and even provide OTC in a matter of hours. In fact I am sure it is not their financial director who personally do it... they hire someone for that (usually the same security firm that does the incident response).

Also, the get BTC now and convert to Monero later is not good. Look what happens with Wannacry ransom Bitcoins with everybody watching them... as soon as shapeshit detected the trade attempt they blacklisted (some minor part passed though).

It is way easier to guide the "client" to obtain the moneros and sent to them, and then convert to whatever (BTC probably) without that many worries that the money gets blocked somewhere along the "laundering" process or not blocked but closely followed leading to their identification and arrest.

Why I am "complaining"? Because I think that when all those arguments about Bitcoin used by criminals are completely erradicated there will be less bumps in the road to moon.

We just need to see how price reacts EVERY SINGLE TIME a dark market, shaddy exchange, etc gets closed.

great walls they have in China

I'd guess that they actually want to receive the funds from the people they are blackmailing/extorting.
If someone says - pay me $1000, then you might do it, if they say pay me 1000 fluurks, you wouldn't have a clue what they are talking about.

People know about Bitcoin, maybe only a little bit, but they have heard of it. They could buy it if they needed to. Basically no one has heard of Monero, people would'nt know how to buy it, they would probably be more inclined to bin the computer, than pay.