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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17535. (Read 26713688 times)

full member
Activity: 280
Merit: 100
Good lord, the amount of concern-trolling in this thread has now reached epic levels.   Roll Eyes
bull trap. Thats all i am going to say.

No, I'm pretty sure you're going to say more Smiley

Lmao. Good one!
By the way, when is the bitcoin 1000$ party?!
legendary
Activity: 3431
Merit: 1233
What is confusing is that PBoC came to rescue Chinese short sellers.

In what way were they "rescued"?

By blocking bitcoin withdrawals on customer accounts.

hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
BU code is buggy, drop that nonsense.  Angry

^buggy or whip & buggy? :-D lel
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Good lord, the amount of concern-trolling in this thread has now reached epic levels.   Roll Eyes

Are you feeling alright? Don't you think you'd really feel so much better if you changed the node you're operating?

Before I was listless at night and was incontinent. Once I transitioned men want to be me and women want to be with me. And I can empty my bladder where I want and when I want.
legendary
Activity: 1764
Merit: 1031
Good lord, the amount of concern-trolling in this thread has now reached epic levels.   Roll Eyes
bull trap. Thats all i am going to say.

No, I'm pretty sure you're going to say more Smiley
sr. member
Activity: 392
Merit: 250
Good lord, the amount of concern-trolling in this thread has now reached epic levels.   Roll Eyes
bull trap. Thats all i am going to say.
legendary
Activity: 3794
Merit: 5474
Good lord, the amount of concern-trolling in this thread has now reached epic levels.   Roll Eyes
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
exactly..but if you HOLD both ....one wins one loses...you will have NO less then 100 coins that you started with ....either BTC or BTU as a winner...then again....the coins after

unless it's a lose-lose game.
If there is no bomb-proof protection from replay attacks (and there is not afaik) you could not move your coins on a chain without risking that they get moved on the other:
https://themerkle.com/what-is-a-bitcoin-replay-attack/

on the technical side:
http://www.newsbtc.com/2017/03/23/bitcoin-price-technical-analysis-03232017-major-reversal-pattern/
sr. member
Activity: 366
Merit: 261
Maybe a large short position was taken out around $950 in anticipation of sales that then got unexpectedly bought up by a raging bull market? Now a very large Chinese miner and fabricator is actually under water to the extent that they are very desperate for a much lower price for its business survival? Such a desperate actor will do anything, including threatening to fork bitcoin or otherwise nuclear options, since it is going bankrupt anyway.

Mind blown. Do you think this theory holds water? What signs would point to miners taking out big shorts?

Bitmain needed cash for their new data center they invested heavily last year. They sold customer bitcoins. Nothing unusual there. What is confusing is that PBoC came to rescue Chinese short sellers. If we break $1350 next stop will be >$10,000 bitcoin.

Confirmed.
Confirmation confirmed.
sr. member
Activity: 441
Merit: 250
What is confusing is that PBoC came to rescue Chinese short sellers.

In what way were they "rescued"? I wouldn't want to have had any open shorts on the Chinese exchanges at the time of the last PBoC intervention.
full member
Activity: 280
Merit: 100
Maybe a large short position was taken out around $950 in anticipation of sales that then got unexpectedly bought up by a raging bull market? Now a very large Chinese miner and fabricator is actually under water to the extent that they are very desperate for a much lower price for its business survival? Such a desperate actor will do anything, including threatening to fork bitcoin or otherwise nuclear options, since it is going bankrupt anyway.

Mind blown. Do you think this theory holds water? What signs would point to miners taking out big shorts?

Bitmain needed cash for their new data center they invested heavily last year. They sold customer bitcoins. Nothing unusual there. What is confusing is that PBoC came to rescue Chinese short sellers. If we break $1350 next stop will be >$10,000 bitcoin.

Confirmed.
legendary
Activity: 2170
Merit: 1094
...
Bitmain needed cash for their new data center they invested heavily last year. They sold customer bitcoins. Nothing unusual there. What is confusing is that PBoC came to rescue Chinese short sellers. If we break $1350 next stop will be >$10,000 bitcoin.

Permabull dreams... First 935$ should hold when support will be tested again. And if it will hold, later we may break the ATH, and reach about 2200$ in 3 - 5 months, followed by a 40% correction.

Edit. 935$ not 985$, my bad.
legendary
Activity: 3431
Merit: 1233
Maybe a large short position was taken out around $950 in anticipation of sales that then got unexpectedly bought up by a raging bull market? Now a very large Chinese miner and fabricator is actually under water to the extent that they are very desperate for a much lower price for its business survival? Such a desperate actor will do anything, including threatening to fork bitcoin or otherwise nuclear options, since it is going bankrupt anyway.

Mind blown. Do you think this theory holds water? What signs would point to miners taking out big shorts?

Bitmain needed cash for their new data center they invested heavily last year. They sold customer bitcoins. Nothing unusual there. What is confusing is that PBoC came to rescue Chinese short sellers. If we break $1350 next stop will be >$10,000 bitcoin.
legendary
Activity: 1764
Merit: 1031
Hey guys  Huh
Is it save now to keep BTC on blockchain info
and what happens with it after fork  Huh



Just make sure you have your keys. Blockchain.info lets you access them. Do it and keep them somewhere safe Smiley

ok ty  Wink
crazy stuff is going on with this unlimited  bitcoin Undecided

I'm still very unclear of the odds of it actually happening. Vinny Lingham had some interesting insights earlier. https://vinnylingham.com/the-power-of-the-invisible-hand-56efaedfb544#.19bmedhhn
It seems it was pretty controversial, so I'm just reading his follow up.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Hey guys  Huh
Is it save now to keep BTC on blockchain info
and what happens with it after fork  Huh



Just make sure you have your keys. Blockchain.info lets you access them. Do it and keep them somewhere safe Smiley

ok ty  Wink
crazy stuff is going on with this unlimited  bitcoin Undecided

Maybe I am very wrong, but I think that any minute ANTMINER could stop signaling for BU. Or maybe in some days. But I think it have to happen.
sr. member
Activity: 441
Merit: 250
It seems highly likely that one or more Chinese exchange is under water, for one reason or another, and has been running a fractional reserve for a while.

Who knows, we might even thank PBoC one day for softening the blow?  Grin

But if it's true that miners hold enormous shorts, I don't want to be a fiat-holder when they get closed ...
sr. member
Activity: 399
Merit: 254
Hey guys  Huh
Is it save now to keep BTC on blockchain info
and what happens with it after fork  Huh



Just make sure you have your keys. Blockchain.info lets you access them. Do it and keep them somewhere safe Smiley

ok ty  Wink
crazy stuff is going on with this unlimited  bitcoin Undecided
legendary
Activity: 1764
Merit: 1031
Hey guys  Huh
Is it save now to keep BTC on blockchain info
and what happens with it after fork  Huh



Just make sure you have your keys. Blockchain.info lets you access them. Do it and keep them somewhere safe Smiley
legendary
Activity: 1764
Merit: 1031
Maybe a large short position was taken out around $950 in anticipation of sales that then got unexpectedly bought up by a raging bull market? Now a very large Chinese miner and fabricator is actually under water to the extent that they are very desperate for a much lower price for its business survival? Such a desperate actor will do anything, including threatening to fork bitcoin or otherwise nuclear options, since it is going bankrupt anyway.

Mind blown. Do you think this theory holds water? What signs would point to miners taking out big shorts?

The Chinese exchanges always had an enormous amount of leveraged trades, which the miners potentially could have been a big part of. But wasn't leveraged trading stopped as part of PBoC sanctions? And it doesn't look like those trades moved to Finex, they mostly disappeared. Or do you think that they still do it, but under the table?

It seems highly likely that one or more Chinese exchange is under water, for one reason or another, and has been running a fractional reserve for a while. What they do about it, who knows? I don't think the conspiracy theory stacks up and there is, of course, the chance of it going the wrong way on them again Smiley
sr. member
Activity: 399
Merit: 254
Hey guys  Huh
Is it save now to keep BTC on blockchain info
and what happens with it after fork  Huh

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