All future and present coins are the victim of bitcoin's success. It got most of its troubles out the way when it was nowhere. Nowadays there's so much more knowledge and money sloshing around that anything that sticks its head above the parapet is gonna have tons of people looking to rape it.
Meanwhile bitcoin keeps on rolling and growing.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18598. (Read 26686410 times)
June 17, 2016, 10:06:04 AM
June 17, 2016, 10:03:54 AM
http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/
44,341 BTC, to be sold, will go on sale from 12:00 UTC to 18:00 UTC on November 5, 2015
1 month before Auction oct 5, 1btc $240
1 day before auction nov 4, 1btc $504
On auction days...$360 then within days back to $299
Now
3 weeks before auction $440s
3days before auction $780
Australia to auction $11.5 million confiscated bitcoins ... The sale will take place on June 20-21 2016 and involve 24,518 coins
http://www.reuters.com/article/us-bitcoin-auction-australia-idUSKCN0YL091
Dump could take us back to $500s then quick recovery due to the fiat issues getting worse every week.
44,341 BTC, to be sold, will go on sale from 12:00 UTC to 18:00 UTC on November 5, 2015
1 month before Auction oct 5, 1btc $240
1 day before auction nov 4, 1btc $504
On auction days...$360 then within days back to $299
Now
3 weeks before auction $440s
3days before auction $780
Australia to auction $11.5 million confiscated bitcoins ... The sale will take place on June 20-21 2016 and involve 24,518 coins
http://www.reuters.com/article/us-bitcoin-auction-australia-idUSKCN0YL091
Dump could take us back to $500s then quick recovery due to the fiat issues getting worse every week.
You have been conditioned well, like Pavlov's dogs.
June 17, 2016, 10:02:07 AM
Finex is down for scheduled? maintenance. Upgrade will last 45-60min 
* on topic speculative comments
* on topic speculative comments
Thanks for the heads up.
I thought it was having a quiet period, then after 20 minutes realised something was wrong. They could have picked a worse time for maintenance like in the middle of a pump or a dump. The price has stabilised over the last few hours. I hope it stays stable until finex is back up.
June 17, 2016, 09:37:57 AM
Finex is down for scheduled? maintenance. Upgrade will last 45-60min
* on topic speculative comments
* on topic speculative comments
June 17, 2016, 09:28:45 AM
The difference with bitcoin is its security algo is simple and the code is locked down. Ethereum is fatally flawed because it is turing complete with a huge attack surface. This is why rootstock is looking to make the attack surface really small with sidechains and secure it better with merge mining for smart contracts. For the sake of their investments they will learn from this event and sell their ETH for BTC further driving up BTC price so we both benefit.* Those left behind will certainly be exposed to more of these "hacks", and much more problems than bitcoin faced in 2010.
* on topic speculative comments
* on topic speculative comments
June 17, 2016, 09:26:57 AM
I speculate that the fallout from those other things that are not going up 
will come back to BTC and create support walls.
Speculate and wall was mentioned, does this pass the censorship?
will come back to BTC and create support walls.Speculate and wall was mentioned, does this pass the censorship?
Got a pm from a mod. I think he's genuinely trying to keep this sub topical, without favoring Red Team or Blue Team. Which seems reasonable, this is a speculation board.
June 17, 2016, 09:24:53 AM
Kraken really seems to want to go down...
June 17, 2016, 09:22:35 AM
I've just woken up to the best sight of my life and it wasn't the BTC drop or the BTC recovery but ETH/BTC making a 40% drop, YES
I'm actually shocked that ETH/DAO supporters are shocked that a flaw in their system was found and exploited, in such a coin/network so young. Bitcoin went through that kind of hell regularly in its first few years, until all major exploitable bugs were found and squashed.
That's all I will say about it, since this is a Bitcoin forum.
June 17, 2016, 09:19:09 AM
An early good morning Bitcoinland.
I see we finally got the predictable correction/profit-taking after bouncing off $780 (although this might have been as much a long squeeze as a profit-taking) and we're right back to a little above where we were at this time yesterday.
It basically lost about $15 while I was sleeping. No big thing after gaining about $80 in a day.
Meanwhile the alt shills have been quieted by the news of the hacking of their little centralized scam.
Sorry, no Chartbuddy quote today. CB seems to be AWOL.
_______
Edit: While I was typing (and making coffee) we dipped another $10. Still no big thing. Still not a dip worth buying.
I see we finally got the predictable correction/profit-taking after bouncing off $780 (although this might have been as much a long squeeze as a profit-taking) and we're right back to a little above where we were at this time yesterday.
It basically lost about $15 while I was sleeping. No big thing after gaining about $80 in a day.
Meanwhile the alt shills have been quieted by the news of the hacking of their little centralized scam.
Sorry, no Chartbuddy quote today. CB seems to be AWOL.
_______
Edit: While I was typing (and making coffee) we dipped another $10. Still no big thing. Still not a dip worth buying.
June 17, 2016, 09:17:39 AM
I speculate that the fallout from those other things that are not going up will come back to BTC and create support walls.
Speculate and wall was mentioned, does this pass the censorship?
will come back to BTC and create support walls.Speculate and wall was mentioned, does this pass the censorship?
June 17, 2016, 09:16:44 AM
I just can't suffer through another long bear market. I'm fragile.
I must agree you have to be a bit of a masochist as a bitcoin saver. But you have to keep in mind that the slight itch of continuous fiat inflation causes way more pain long term.
June 17, 2016, 09:15:45 AM
Welly well well. You Bitcoiners sure are making a mighty spectacle of yourselves. Where's the correction?
There is no correction! .. the correction is ~2000$!!!
Either way.
June 17, 2016, 09:02:11 AM
it's coincidental the rise in btc vs flat earth believers.
June 17, 2016, 08:33:35 AM
Welly well well. You Bitcoiners sure are making a mighty spectacle of yourselves. Where's the correction?
There is no correction! .. the correction is ~2000$!!!
June 17, 2016, 08:31:32 AM
Hate to be the bearer of bad news, but finex longs gone full retard off deep end and are at $42.5MM now, while shorts are relatively unchanged. If they're squeezed everyone is going to have a bad time
Well.. Nostradamus! Impressive
Unreal how there are no real pullbacks, In the end this is going to cause a violent snapback at some point.
Such accuracy, much clockwork *_*
>>
Doesn't look like it effected longs at all. Guessing most of them are too into green to be squeezed that easy. So we go back up until another try further up.
June 17, 2016, 08:30:15 AM
Isn't this fun?
i waited almost 30 fucking months for this kind of fun. cheers, brother.
We just touched $994.80 CAD. This is getting so close I can taste it. Cheers.
$1008 AUD hit yesterday
Good to see another antipodean in the thread.
June 17, 2016, 08:19:10 AM
I've just woken up to the best sight of my life and it wasn't the BTC drop or the BTC recovery but ETH/BTC making a 40% drop, YES
June 17, 2016, 07:47:41 AM
June 17, 2016, 07:42:04 AM
so, started a new rise in finex and huobi
btw,
who sold at bottom?
btw,
who sold at bottom?
We'll find out soon enough, once they start posting FUD here to try to drive the price back down.
June 17, 2016, 07:39:54 AM
so, started a new rise in finex and huobi
btw,
who sold at bottom?
btw,
who sold at bottom?
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