Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18280. (Read 26608992 times)
August 14, 2016, 10:13:58 AM
It's lovely when people try to pick bottoms in a bearish market
August 14, 2016, 10:04:32 AM
But after halving, it rose a bit higher, then the price started to go down again (and then days later... boom hack)
August 14, 2016, 09:54:28 AM
It crashed 20€ minutes before halving
August 14, 2016, 09:27:26 AM
LOL I'm gonna laugh so hard when the price gradually goes down after halving.
People think it's just gonna shoot up on halving day lmao
People think it's just gonna shoot up on halving day lmao
lol!
After halving it actually went from 635 to 670 levels, so...
August 14, 2016, 09:23:42 AM
LOL I'm gonna laugh so hard when the price gradually goes down after halving.
People think it's just gonna shoot up on halving day lmao
People think it's just gonna shoot up on halving day lmao
lol!
August 14, 2016, 08:57:48 AM
Now the price is lower than I bought for last week and I can't buy any more until Tuesday. I'm now watching helpless either way.... maybe I'll be able to snap up some bargains by Tuesday 
August 14, 2016, 08:48:39 AM
Looks like 570 ain't gonna hold...
August 14, 2016, 08:45:23 AM
The price is falling again. Any reason for this?
We had been in a downtrend since the high of $779.
And with the Finex "hack" things got even worse.
The last few days we had tested the support line of the bearish triangle we were in 4 times.
And now the 5th attempt, after a pullback, had been successful with a bearish breakthrough.
The market is bearish and traders are acting and reacting accordingly to make profits or minimize losses.That's it.
August 14, 2016, 08:32:06 AM
Yeah bit crap really. Been flat for a couple of weeks and now it's on the down.
August 14, 2016, 08:12:32 AM
A pitty we broke the triangle we were in in a downwards movement.It would have closed sunday night to monday morning.
Next resistance would be around 565.Superior bearish trend got confirmend.
Next resistance would be around 565.Superior bearish trend got confirmend.
August 14, 2016, 08:10:14 AM
The price is falling again. Any reason for this?
August 14, 2016, 06:39:08 AM
Y'all know me. I am looking for a list of other BFX victims so I can go lawyer shopping. If there is already a list, I need to know where it is so I can be on it. My account was 99.9% in USD and they stole my funds to compensate gamblers holding BTC.
They told me to change my password because it might have been compromised in the hack and then they told me there was a withdrawal freeze on my account because the password had been changed recently! This is like Gox all over again.
I need names. PM me if you are a victim of BFX.
And because this is the Wall Observer, is anybody else suspicious of the price movement prior to the BFX shutdown? It looks like someone was trading on inside information. This whole thing stinks like Tibane's litterbox.
To clarify, did you have sufficient funds on Buttfinex? Actually, you were a lender of hangman's material on that exchange, so it blew up on you - my regards. Nice to see you again, tho hope things work out.They told me to change my password because it might have been compromised in the hack and then they told me there was a withdrawal freeze on my account because the password had been changed recently! This is like Gox all over again.
I need names. PM me if you are a victim of BFX.
And because this is the Wall Observer, is anybody else suspicious of the price movement prior to the BFX shutdown? It looks like someone was trading on inside information. This whole thing stinks like Tibane's litterbox.
I had 0.1 BTC. The rest was in USD. Some of my funds were lent out at interest in the "funding" section, basically swaps but they don't call it that. I was just trying to get my money out. I had withdrawn almost half before the shutdown. My dad is very sick and neither one of my parents can work while he is in treatment. I need that money. I have to take time off work so I can take care of him during the next chemo treatment.
I also am having a difficult time accessing my coins in cold storage. I can't upgrade my old wallet.dat file to the new format. I've been trying for weeks. Even have my own thread in the Tech support forum.
I need names of other victims. We didn't get hacked. BFX did. My funds were stolen by BFX. There was no hack of USD. If somebody breaks into a storage locker, the managers of the storage facility can't break into all the other lockers and auction off what they find to compensate the original victim. This is illegal. BFX claims I'm going to get about as much as I would if they were liquidated so I should accept their BFX token fake money IOUs. Think about that: If liquidation is the only other option, then they are tacitly admitting that they are insolvent.
A thread was created on Reddit to attempt to crowd-source information pertaining to Bitfinex - and we can see that some of their information is NOT very public.... and accordingly, it is possible that some of their agents could fairly easily disappear off the face of the earth, if they wanted to either run away with bitcoins or run away from liabilities...
https://www.reddit.com/r/Bitcoin/comment...corporate/
August 14, 2016, 06:15:56 AM
This is an awesome idea, even Luke-jr takes is seriously:
https://www.reddit.com/r/btcfork/comments/4xmhvp/noncontentious_alternative_to_a_fork_symbiosis/
https://www.reddit.com/r/btcfork/comments/4xmhvp/noncontentious_alternative_to_a_fork_symbiosis/
Strange. Burn your bitcoins and get this alt coin in exchange automagically.
Buy bitcoins back on the market.
August 14, 2016, 05:34:08 AM
So zooming out to 1d on the chart, from 5/24, bitcoin is just looking like your typical PnD bubble that we've seen so many times before. A blow off top, followed by long legs down.
Looks like it could eventually deflate all the way back to ~450.
I think so its slowly going down to healthy ground...to 400$..till next pump Looks like it could eventually deflate all the way back to ~450.
400$ ... that is impossible ... maybe only if the dollar doubles its value.
Miners where complaining when it was $300-350$ that it is too low, and they said they need at least $400+ to be prosperous. Meaning that their cartel, with half of the coins they where getting then making them now to need at least $650-700$ to be relaxed and $900+ to have no worries. But considering that there will be barely 4 million more coins in the next 12 years that will be semi-easy to mine, their supply is on thin ice till mass adoption. Meaning there will be a time when they will hold all and stop selling.
I trust my gut about every big life decision I take... and also I consult my shaman.
But till now I was pretty prosperous with bitcoin so... dunno if I'm going to be wrong! For example it will probably try to dip to $500-550$ again... but I'm sure that will last less than 5-15 minutes. But I'm not sure if that will happen, because from what I see everyone is greedy and there might be no small dip before the pumping starts. I also saw that when the bullion silver market moves, bitcoin moves as well.
August 14, 2016, 05:09:45 AM
Y'all know me. I am looking for a list of other BFX victims so I can go lawyer shopping. If there is already a list, I need to know where it is so I can be on it. My account was 99.9% in USD and they stole my funds to compensate gamblers holding BTC.
They told me to change my password because it might have been compromised in the hack and then they told me there was a withdrawal freeze on my account because the password had been changed recently! This is like Gox all over again.
I need names. PM me if you are a victim of BFX.
And because this is the Wall Observer, is anybody else suspicious of the price movement prior to the BFX shutdown? It looks like someone was trading on inside information. This whole thing stinks like Tibane's litterbox.
To clarify, did you have sufficient funds on Buttfinex? Actually, you were a lender of hangman's material on that exchange, so it blew up on you - my regards. Nice to see you again, tho hope things work out.They told me to change my password because it might have been compromised in the hack and then they told me there was a withdrawal freeze on my account because the password had been changed recently! This is like Gox all over again.
I need names. PM me if you are a victim of BFX.
And because this is the Wall Observer, is anybody else suspicious of the price movement prior to the BFX shutdown? It looks like someone was trading on inside information. This whole thing stinks like Tibane's litterbox.
I had 0.1 BTC. The rest was in USD. Some of my funds were lent out at interest in the "funding" section, basically swaps but they don't call it that. I was just trying to get my money out. I had withdrawn almost half before the shutdown. My dad is very sick and neither one of my parents can work while he is in treatment. I need that money. I have to take time off work so I can take care of him during the next chemo treatment.
I also am having a difficult time accessing my coins in cold storage. I can't upgrade my old wallet.dat file to the new format. I've been trying for weeks. Even have my own thread in the Tech support forum.
I need names of other victims. We didn't get hacked. BFX did. My funds were stolen by BFX. There was no hack of USD. If somebody breaks into a storage locker, the managers of the storage facility can't break into all the other lockers and auction off what they find to compensate the original victim. This is illegal. BFX claims I'm going to get about as much as I would if they were liquidated so I should accept their BFX token fake money IOUs. Think about that: If liquidation is the only other option, then they are tacitly admitting that they are insolvent.
I sent you a pm explaining how to access coins from a wallet.dat file in the old format on January 05.
I don't want to go off topic, so I resent you a pm with more detailed instructions. If you post or send me a link to to your thread in the Tech support forum I can explain it there.
edit/
I found your thread in the Tech support forum and made a post with detailed instructions there.
August 14, 2016, 04:54:18 AM
This is an awesome idea, even Luke-jr takes is seriously:
https://www.reddit.com/r/btcfork/comments/4xmhvp/noncontentious_alternative_to_a_fork_symbiosis/
https://www.reddit.com/r/btcfork/comments/4xmhvp/noncontentious_alternative_to_a_fork_symbiosis/
August 14, 2016, 03:22:09 AM
Verify:
https://www.reddit.com/r/Bitcoin/comments/4xjtcw/okcoin_fined_by_chinese_court_for_helping/
Quote
OKcoin get fined by The Higher People's Court of Heilongjiang Province,the judge is finished at July 14th,and put online at July 29th.This judge is beyond most people's awareness because the company and and other peer companies didn't want to spread the news until today(20160813) The Securities Times(in Chinese is 证券时报）criticized that blockchain trading should be subject to legal supervision by describing a recent case in a passage without naming the defendant is OKcoin.
As we all know,Chinese authority’s attitude towards bitcoin is restricting the use and prohibiting bitcoin links to the Substantial Economy.Since this judge is the first judge that the major Chinese bitcoin exchange is the defendent,we can get some real concerns of the athority by analyzing the judgments.
○The business on OKcoin is illegal
"Lekuda company’s main business is OKCOIN ,which is a virtual currency exchange.It provides customers with a web space to exchange virtual assets and it profits by charging its clients fees (0.2%-0.4%) . Its dealings in accordance with the the 22nd Case of Network Management of Transactions (in Chinese 《网络交易管理办法》. According to this law,if the company wanted to provide online trading business,it should register at the administration of Industry and Commerce and get a business license.Lekuda company registered business scope only include such areas:technology development, transfer of technology, technical services, technical marketing, consulting and investment management.Trading bitcoin for profit-making purpose is beyond the range permitted by the administrative authorities . "
→ It shows OKcoin runs the business without approval
○OKcoin(it refers to okcoin.cn) is not recorded at the Telecommunications authorities of China "To the end of the trial, Lekuda failed to provide related materials recorded at the Telecommunications Authority registration .The address/domain name record information is not stamped with the seal of the Department, and it could not prove its effectiveness "
→In China,every online service provider should be registered at the Telecommunications authorities. It shows OKcoin lacks the recorded approval documents ,so it cannot provide online service in mainland China
○OKcoin failed to strictly review the real names of every user,which makes it easy for money washing by bitcoin This case is caused by a criminal utilizing the loose review of user's real names in OKcoin .The criminal first cheated a company a large sum of money(12 million RMB,or 1.8 million US dollars),then used ID cards bought online to open up an acounts at OKcoin,at last used the money to buy Bitcoins and withdrawed in Macao.
→Since the Chinese authorities prohibited any third-party payment services linking to bitcoin trading in 2014,the exchanges in China had to use the the accounts of its employee or other companies,a loose review of the real names increase the risk of money laundering,which the Chinese authorities would not like to see.They are afraid of the money flee from China.
As we all know,Chinese authority’s attitude towards bitcoin is restricting the use and prohibiting bitcoin links to the Substantial Economy.Since this judge is the first judge that the major Chinese bitcoin exchange is the defendent,we can get some real concerns of the athority by analyzing the judgments.
○The business on OKcoin is illegal
"Lekuda company’s main business is OKCOIN ,which is a virtual currency exchange.It provides customers with a web space to exchange virtual assets and it profits by charging its clients fees (0.2%-0.4%) . Its dealings in accordance with the the 22nd Case of Network Management of Transactions (in Chinese 《网络交易管理办法》. According to this law,if the company wanted to provide online trading business,it should register at the administration of Industry and Commerce and get a business license.Lekuda company registered business scope only include such areas:technology development, transfer of technology, technical services, technical marketing, consulting and investment management.Trading bitcoin for profit-making purpose is beyond the range permitted by the administrative authorities . "
→ It shows OKcoin runs the business without approval
○OKcoin(it refers to okcoin.cn) is not recorded at the Telecommunications authorities of China "To the end of the trial, Lekuda failed to provide related materials recorded at the Telecommunications Authority registration .The address/domain name record information is not stamped with the seal of the Department, and it could not prove its effectiveness "
→In China,every online service provider should be registered at the Telecommunications authorities. It shows OKcoin lacks the recorded approval documents ,so it cannot provide online service in mainland China
○OKcoin failed to strictly review the real names of every user,which makes it easy for money washing by bitcoin This case is caused by a criminal utilizing the loose review of user's real names in OKcoin .The criminal first cheated a company a large sum of money(12 million RMB,or 1.8 million US dollars),then used ID cards bought online to open up an acounts at OKcoin,at last used the money to buy Bitcoins and withdrawed in Macao.
→Since the Chinese authorities prohibited any third-party payment services linking to bitcoin trading in 2014,the exchanges in China had to use the the accounts of its employee or other companies,a loose review of the real names increase the risk of money laundering,which the Chinese authorities would not like to see.They are afraid of the money flee from China.
https://www.reddit.com/r/Bitcoin/comments/4xjtcw/okcoin_fined_by_chinese_court_for_helping/
Thank you, this is something to keep an eye on. It could turn very bearish if Chinese authorities would decide to shut down the mainland exchanges.
Not just bearish.... If Okcoin and even Huobi would get shut down with all the BFX shit on top this could throw back Bitcoins trust to the early Gox days.
Could be FUD as well. No source so far.
If you read all the comments in that reddit thread you will find this one by btcdrak. He says it's only a civil case, not a criminal case, and he posts a link to the original judgement. If it was a criminal case it would worry me, but a civil case is less serious for bitcoin in China.
https://www.reddit.com/r/Bitcoin/comments/4xjtcw/okcoin_fined_by_chinese_court_for_helping/d6g4oxi
Quote
btcdrak 54 minutes ago
The original judgement is here: http://wenshu.court.gov.cn/content/content?DocID=ce26a599-64e9-44ab-96fd-b04617d482b4&KeyWord=
EDIT: it is actually not "fined" it's a civil case, okcoin has to pay the victim for 40% of their loss.
It's important to note that all Chinese exchanges have been operating in a grey area since day 1. This judgement refers to okcoin.cn, not the .com site which is a separate business afaik.
EDIT 2: The case is from 2014, this is the OKCoin appeal, which they lost.
The original judgement is here: http://wenshu.court.gov.cn/content/content?DocID=ce26a599-64e9-44ab-96fd-b04617d482b4&KeyWord=
EDIT: it is actually not "fined" it's a civil case, okcoin has to pay the victim for 40% of their loss.
It's important to note that all Chinese exchanges have been operating in a grey area since day 1. This judgement refers to okcoin.cn, not the .com site which is a separate business afaik.
EDIT 2: The case is from 2014, this is the OKCoin appeal, which they lost.
I've seen, this is why I wrote 'verify'.
August 14, 2016, 03:18:35 AM
So zooming out to 1d on the chart, from 5/24, bitcoin is just looking like your typical PnD bubble that we've seen so many times before. A blow off top, followed by long legs down.
Looks like it could eventually deflate all the way back to ~450.
I think so its slowly going down to healthy ground...to 400$..till next pump Looks like it could eventually deflate all the way back to ~450.
400$ ... that is impossible ... maybe only if the dollar doubles its value.
Miners where complaining when it was $300-350$ that it is too low, and they said they need at least $400+ to be prosperous. Meaning that their cartel, with half of the coins they where getting then making them now to need at least $650-700$ to be relaxed and $900+ to have no worries. But considering that there will be barely 4 million more coins in the next 12 years that will be semi-easy to mine, their supply is on thin ice till mass adoption. Meaning there will be a time when they will hold all and stop selling.
August 14, 2016, 01:34:34 AM
Y'all know me. I am looking for a list of other BFX victims so I can go lawyer shopping. If there is already a list, I need to know where it is so I can be on it. My account was 99.9% in USD and they stole my funds to compensate gamblers holding BTC.
They told me to change my password because it might have been compromised in the hack and then they told me there was a withdrawal freeze on my account because the password had been changed recently! This is like Gox all over again.
I need names. PM me if you are a victim of BFX.
And because this is the Wall Observer, is anybody else suspicious of the price movement prior to the BFX shutdown? It looks like someone was trading on inside information. This whole thing stinks like Tibane's litterbox.
To clarify, did you have sufficient funds on Buttfinex? Actually, you were a lender of hangman's material on that exchange, so it blew up on you - my regards. Nice to see you again, tho hope things work out.They told me to change my password because it might have been compromised in the hack and then they told me there was a withdrawal freeze on my account because the password had been changed recently! This is like Gox all over again.
I need names. PM me if you are a victim of BFX.
And because this is the Wall Observer, is anybody else suspicious of the price movement prior to the BFX shutdown? It looks like someone was trading on inside information. This whole thing stinks like Tibane's litterbox.
I had 0.1 BTC. The rest was in USD. Some of my funds were lent out at interest in the "funding" section, basically swaps but they don't call it that. I was just trying to get my money out. I had withdrawn almost half before the shutdown. My dad is very sick and neither one of my parents can work while he is in treatment. I need that money. I have to take time off work so I can take care of him during the next chemo treatment.
I also am having a difficult time accessing my coins in cold storage. I can't upgrade my old wallet.dat file to the new format. I've been trying for weeks. Even have my own thread in the Tech support forum.
I need names of other victims. We didn't get hacked. BFX did. My funds were stolen by BFX. There was no hack of USD. If somebody breaks into a storage locker, the managers of the storage facility can't break into all the other lockers and auction off what they find to compensate the original victim. This is illegal. BFX claims I'm going to get about as much as I would if they were liquidated so I should accept their BFX token fake money IOUs. Think about that: If liquidation is the only other option, then they are tacitly admitting that they are insolvent.
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