Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18580. (Read 26629049 times)

legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
A pump followed by a bigger pump less than a couple of hours?

What is happening?

Whale warring each other?


Well when you're the only whale in the market, essentially dumping into your own bid walls, it's easy.


Nonsense. 


The one whale theory is total baloney, but you keep on with it for months and months and months...

do you really believe such nonsense?  Is there actually any evidence or logic for such an extraordinary claim?  Remember the saying that extraordinary claims require extraordinary evidence... ?  Where is it?

The thing is ... that there is a "whale" ... but .. it is not a person!

It is an entity / company / group of people / communist party ... that have between 80.000BTC - 150.000BTC coins!

And they work 24/7 in 3-4 shifts maybe.

Do you imagine just dropping dumps then leaving the poker table? ... Someone must stay behind and level the plain, to keep things afloat! ... till the next time the "whale" comes to pump & dump!


Maybe you are making fun, here?   But,I sense that the bitcoin space is expanding and there are various competing whales.. sure sometimes, there may be some coordinated success and signaling... yet I believe that the actors are fairly complex and diversified and sometimes work together and sometimes compete, and there are so many exchanges, too that can cause signaling and leading and following.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
A pump followed by a bigger pump less than a couple of hours?

What is happening?

Whale warring each other?


Well when you're the only whale in the market, essentially dumping into your own bid walls, it's easy.


Nonsense. 


The one whale theory is total baloney, but you keep on with it for months and months and months...

do you really believe such nonsense?  Is there actually any evidence or logic for such an extraordinary claim?  Remember the saying that extraordinary claims require extraordinary evidence... ?  Where is it?

The thing is ... that there is a "whale" ... but .. it is not a person!

It is an entity / company / group of people / communist party ... that have between 80.000BTC - 150.000BTC coins!

And they work 24/7 in 3-4 shifts maybe.

Do you imagine just dropping dumps then leaving the poker table? ... Someone must stay behind and level the plain, to keep things afloat! ... till the next time the "whale" comes to pump & dump!
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
Just got home but I see that while I was away we hit yet another 2 year high.

In typical fashion "someone" felt the need to frantically dump it down to try to kill the rally. Seems to happen every time we reach a new high.

We saw it when we first broke $550, again at $590, then at $719, yesterday at $777, and today at $789.

Obviously "someone" doesn't want the price of bitcoin to soar and is willing to sacrifice  fair amount of money to try to stop it from happening.

I'm not a conspiracy theorist but I'm not a conspiracy denier either. It's enough to have me considering the validity of the "J.T. Borgan" extinguisher rumors.

Whoever it is, they're spending a pretty penny to fight what appears to be a losing battle.

To be honest I think we should be thankful for that. What is the advantage of a quickly inflated bubble?

We are not being dumped back into the 500's either. It seems to me that these market makers at least attempt making this a more controlled growth (as far as that is possible in Bitcoin, the market cap is still way too small to not be highly volatile).

It would be highly surprising if we don't experience a bullish correction during this rally. I have the top at 789.78 on finex. We are hovering in the 750's.

I have bids at ~614 (50%) and ~572 (61.8%). They may not get hit which is fine. No one ever went bankrupt taking profit. Keeping a close eye in case i have to pile back in :-)

I wouldn't personally be comfortable taking any more than 10 or 15 % out of my BTC investment fund in this price range, but that is just me, i suppose.  How much have you taken out?  100%? 75%? or some other amount?
yui
full member
Activity: 182
Merit: 100
We hold hand and glide into CNY10 000
hero member
Activity: 728
Merit: 500
I'm really curious about how people think there's some kind of conspiracy to hold down the price via trading activity. I mean: How is that even possible? In order to sell coins and lower the price, you had to buy the coins and raise the price first, so it cancels out. If you try to buy and sell at weird times, there are probably going to be traders waiting to take the other side. Not to mention you are losing money in the process. Some people think it can be done if the right amount of sacrifice is made in lost money... I think that lost money is just going to profit traders and increase the money in btc.
legendary
Activity: 1176
Merit: 1000
Just got home but I see that while I was away we hit yet another 2 year high.

In typical fashion "someone" felt the need to frantically dump it down to try to kill the rally. Seems to happen every time we reach a new high.

We saw it when we first broke $550, again at $590, then at $719, yesterday at $777, and today at $789.

Obviously "someone" doesn't want the price of bitcoin to soar and is willing to sacrifice  fair amount of money to try to stop it from happening.

I'm not a conspiracy theorist but I'm not a conspiracy denier either. It's enough to have me considering the validity of the "J.T. Borgan" extinguisher rumors.

Whoever it is, they're spending a pretty penny to fight what appears to be a losing battle.

To be honest I think we should be thankful for that. What is the advantage of a quickly inflated bubble?

We are not being dumped back into the 500's either. It seems to me that these market makers at least attempt making this a more controlled growth (as far as that is possible in Bitcoin, the market cap is still way too small to not be highly volatile).

It would be highly surprising if we don't experience a bullish correction during this rally. I have the top at 789.78 on finex. We are hovering in the 750's.

I have bids at ~614 (50%) and ~572 (61.8%). They may not get hit which is fine. No one ever went bankrupt taking profit. Keeping a close eye in case i have to pile back in :-)
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Just got home but I see that while I was away we hit yet another 2 year high.

In typical fashion "someone" felt the need to frantically dump it down to try to kill the rally. Seems to happen every time we reach a new high.

We saw it when we first broke $550, again at $590, then at $719, yesterday at $777, and today at $789.

Obviously "someone" doesn't want the price of bitcoin to soar and is willing to sacrifice  fair amount of money to try to stop it from happening.

I'm not a conspiracy theorist but I'm not a conspiracy denier either. It's enough to have me considering the validity of the "J.T. Borgan" extinguisher rumors.

Whoever it is, they're spending a pretty penny to fight what appears to be a losing battle.

To be honest I think we should be thankful for that. What is the advantage of a quickly inflated bubble?

We are not being dumped back into the 500's either. It seems to me that these market makers at least attempt making this a more controlled growth (as far as that is possible in Bitcoin, the market cap is still way too small to not be highly volatile).
hero member
Activity: 658
Merit: 503
Bear with me
Bitcoin Block Reward Halving Countdown:
Only 21 more days!

Reward drop ETA: Sun, 10 Jul 2016 04:28:58 GMT
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Obviously "someone" doesn't want the price of bitcoin to soar and is willing to sacrifice  fair amount of money to try to stop it from happening.

Maybe.... or maybe each new local maxima teases out another burst of profit taking?

Maybe, but it seems strange that the largest volumes always seem to be either huge dumps through a range of staggered bids immediately following new highs, or buys of huge monolithic ask walls seemingly intended for intimidation.
sr. member
Activity: 392
Merit: 250
Looking forward to @ least one support point above $1k. Then we have double support b/c $1k is support
Through the whole entire rally we have consistantly established support lines just below where there was resistance. We held at 580 after touching 600, 680 after 700 and now we're mid 700 because of early sell pressure before hitting 800.
Looking forward to seeing something like a support line at 1050 after touching 1080. Then we're ready to rock  Wink
full member
Activity: 252
Merit: 100
Looking forward to @ least one support point above $1k. Then we have double support b/c $1k is support
Through the whole entire rally we have consistantly established support lines just below where there was resistance. We held at 580 after touching 600, 680 after 700 and now we're mid 700 because of early sell pressure before hitting 800.
sr. member
Activity: 392
Merit: 250
Looking forward to @ least one support point above $1k. Then we have double support b/c $1k is support
legendary
Activity: 1260
Merit: 1116
^Is it because you don't like the idea that Holy Satoshi is a twat? Because everybody is basically a twat.







What is your main objection? The frauds?

Wright seems to have a personality that is psychopathic, so he is beyond being a twat.

Furthermore, his behavior is internally inconsistent and does not even come close to matching Satoshi's online persona... so it is fairly insulting for him to claim such.

As far as having access to any of the 1 million or so coins through a trust, that is likely purely baloney as well, and if there is any such trust, sure he may have been attempting to scheme ways to attempt to get some kind of access or claim upon some or all of those coins, which was likely another form of fraud...


So no need to give Wright any kind of benefit of the doubt, because the dweeb twat doesn't deserve one iota or deference.

Firstly, I didn't claim we ought to be giving anybody any benefit of any doubt.

Furthermore, the person posting as Satoshi on this forum could have been Dave. For all you know. How do you know?

Lastly, in regards to your defamatory implication that I'm trying to spread misinformation: Piss off! Did you even read the article?

Ass.
legendary
Activity: 2758
Merit: 1075
If the unknown Satoshi would have such trouble with the law, what about Vitalik Buterin and all the known altcoin creators?

I think right about now Vitalik has a bunch off pissed off investors he should be worrying about rather than the law
tis is a mere hiccup..
hes not on his own..we are behind him and the ETH team...not only through the gd but the bad too just like i was/am with nakamoto

Cool i'll just watch


Grin
someone just looked at my pc there and asked why is the red man burning the money....this person is  head of a high tech IT group,lol  Huh Grin Grin Cheesy


legendary
Activity: 2758
Merit: 1075
O hai, JJG! I usually don't mind your thoughtless, voluable loquacity. Usually.  Roll Eyes
O hai Cheesy
sr. member
Activity: 574
Merit: 250
In XEM we trust
legendary
Activity: 1260
Merit: 1116
O hai, JJG! I usually don't mind your thoughtless, voluable loquacity. Usually.  Roll Eyes
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
OK TL;DR

CW is a dissembling, self-aggrandizing gob; possibly with anti-social personality disorder; probably a part of a trust with access to the Satoshi coins.

Why would anybody put their coins in a trust, and how the hell would you actually do it without moving them? Did these guys send their wallet.dats by email? And what's to prevent one of the actors from retaining a copy of their private key? It's total, utter...

I imagine a Jack-in-the-Box set to squirt out a thumb drive in 4 years. IDK. Smiley

Yeah, pure fantasy, wishful thinking and attempts at doomsday FUCD spreading.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
^Is it because you don't like the idea that Holy Satoshi is a twat? Because everybody is basically a twat.







What is your main objection? The frauds?

Wright seems to have a personality that is psychopathic, so he is beyond being a twat.

Furthermore, his behavior is internally inconsistent and does not even come close to matching Satoshi's online persona... so it is fairly insulting for him to claim such.

As far as having access to any of the 1 million or so coins through a trust, that is likely purely baloney as well, and if there is any such trust, sure he may have been attempting to scheme ways to attempt to get some kind of access or claim upon some or all of those coins, which was likely another form of fraud...


So no need to give Wright any kind of benefit of the doubt, because the dweeb twat doesn't deserve one iota or deference.
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