Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24695.

N12

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Quote from: tarmi on November 06, 2014, 03:28:06 PM

like buying bitcoins with non existing money?

yea, that sounds perfectly legal.

I'm certain that Bitstamp has done a full investigation of the legal compliance of their manipulative moves (such as this recent one threatening to seize BTC balances unless the criminals buy and withdraw) and that they will be very careful to toe the line.

Again, a declining Bitcoin price on equal volume (and boy, volume has not been equal, it's actually declined along with the price!) brings Bitstamp into trouble because they have a percentage based commission. When things get too shitty, it's "manipulate or die". And this goes for Bitfinex, too.

tarmi

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Quote from: N12 on November 06, 2014, 03:23:56 PM

Quote from: tarmi on November 06, 2014, 03:19:10 PM

Quote from: N12 on November 06, 2014, 03:11:39 PM

Quote from: tarmi on November 06, 2014, 03:08:45 PM

lol

bitstamp talking about taking down accounts that are not verified (they are requesting ID, they are not giving you a second chance to withdraw)

You aren't thinking like a criminal. The criminals will just acquire fake IDs, get verified, buy BTC and withdraw.

I actually think this was a manipulative move done by Bitstamp to stop its descent and propel it upwards. I expect many more of such manipulations by hodlers, and inevitably some will succeed, as did Willy.

Hell, Bitstamp probably has a whole folder with detailed emergency procedures of what to do when the price gets too low for them. Remember that at equivalent volume levels in BTC, a declining price means declining profits for them.

knock knock bitstamp.

mr regulator is at your doorstep.

no more shady business/willy bots.

It's perfectly legal to manipulate Bitcoin prices. There have been no charges against MtGox for manipulation.

like buying bitcoins with non existing money?

yea, that sounds perfectly legal.

bassclef

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Activity: 924

Merit: 1000

Quote from: Thomas-s on November 06, 2014, 03:22:25 PM

Quote from: N12 on November 06, 2014, 03:21:43 PM

Best shakeout ever Cheesy

Yeah it was. I remember speeding home to buy the dip, and just missed it. Oh well. Still cheap coins.

Thomas-s

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Activity: 1274

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Proof-of-Stake Blockchain Network

Quote from: tarmi on November 06, 2014, 03:19:10 PM

Quote from: N12 on November 06, 2014, 03:11:39 PM

Quote from: tarmi on November 06, 2014, 03:08:45 PM

lol

bitstamp talking about taking down accounts that are not verified (they are requesting ID, they are not giving you a second chance to withdraw)

You aren't thinking like a criminal. The criminals will just acquire fake IDs, get verified, buy BTC and withdraw.

I actually think this was a manipulative move done by Bitstamp to stop its descent and propel it upwards. I expect many more of such manipulations by hodlers, and inevitably some will succeed, as did Willy.

Hell, Bitstamp probably has a whole folder with detailed emergency procedures of what to do when the price gets too low for them. Remember that at equivalent volume levels in BTC, a declining price means declining profits for them.

knock knock bitstamp.

mr regulator is at your doorstep.

no more shady business/willy bots.

Next Willy will be a Wirry.

N12

donator

Activity: 1610

Merit: 1010

Quote from: tarmi on November 06, 2014, 03:19:10 PM

Quote from: N12 on November 06, 2014, 03:11:39 PM

Quote from: tarmi on November 06, 2014, 03:08:45 PM

lol

bitstamp talking about taking down accounts that are not verified (they are requesting ID, they are not giving you a second chance to withdraw)

You aren't thinking like a criminal. The criminals will just acquire fake IDs, get verified, buy BTC and withdraw.

I actually think this was a manipulative move done by Bitstamp to stop its descent and propel it upwards. I expect many more of such manipulations by hodlers, and inevitably some will succeed, as did Willy.

Hell, Bitstamp probably has a whole folder with detailed emergency procedures of what to do when the price gets too low for them. Remember that at equivalent volume levels in BTC, a declining price means declining profits for them.

knock knock bitstamp.

mr regulator is at your doorstep.

no more shady business/willy bots.

It's perfectly legal to manipulate Bitcoin prices. There have been no charges against MtGox for manipulation.

Thomas-s

hero member

Activity: 1274

Merit: 500

Proof-of-Stake Blockchain Network

Quote from: N12 on November 06, 2014, 03:21:43 PM

Best shakeout ever Cheesy

N12

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Activity: 1610

Merit: 1010

tarmi

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Activity: 1232

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Quote from: N12 on November 06, 2014, 03:11:39 PM

Quote from: tarmi on November 06, 2014, 03:08:45 PM

lol

bitstamp talking about taking down accounts that are not verified (they are requesting ID, they are not giving you a second chance to withdraw)

You aren't thinking like a criminal. The criminals will just acquire fake IDs, get verified, buy BTC and withdraw.

I actually think this was a manipulative move done by Bitstamp to stop its descent and propel it upwards. I expect many more of such manipulations by hodlers, and inevitably some will succeed, as did Willy.

Hell, Bitstamp probably has a whole folder with detailed emergency procedures of what to do when the price gets too low for them. Remember that at equivalent volume levels in BTC, a declining price means declining profits for them.

knock knock bitstamp.

mr regulator is at your doorstep.

no more shady business/willy bots.

Newbie1022

full member

Activity: 238

Merit: 100

Quote from: oda.krell on November 06, 2014, 03:05:36 PM

Quote from: Newbie1022 on November 06, 2014, 02:59:34 PM

Quote from: conspirosphere.tk on November 06, 2014, 02:48:11 PM

a couple of tor sites seized =/= entire system collapsing/being government seized

put the Drama-Queen Mode: Off

It's bad. If you don't have a black market, a market that draws consumer demand but where the vendors don't convert all of their proceeds into fiat, then what are you left with? Major retailers (who dump the second somebody spends their coins) and Wall Street (who can make a hell of a lot more money through dumping than pumping... it's easier, less risky, and very lucrative to sabotage).

It's bad. It may actually work to your benefit in the short-term, but it is very bad and getting worse -- that much be said.

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

There are. It still doesn't make bad news good news. It makes bad news less bad news unless you expect those other sites to absorb 100% of the SR 2.0, et. al. customer base. Also, at what point do those other sites just decide it's not worth it or get shut down themselves (OpenBazaar might be promising on this front as they are better equipped for evading authorities). I guess I am just saying... don't skip down the street and declare something poignantly bearish as bullish... don't be delusional.

N12

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Activity: 1610

Merit: 1010

Quote from: tarmi on November 06, 2014, 03:08:45 PM

lol

bitstamp talking about taking down accounts that are not verified (they are requesting ID, they are not giving you a second chance to withdraw)

You aren't thinking like a criminal. The criminals will just acquire fake IDs, get verified, buy BTC and withdraw.

I actually think this was a manipulative move done by Bitstamp to stop its descent and propel it upwards. I expect many more of such manipulations by hodlers, and inevitably some will succeed, as did Willy.

Hell, Bitstamp probably has a whole folder with detailed emergency procedures of what to do when the price gets too low for them. Remember that at equivalent volume levels in BTC, a declining price means declining profits for them.

bassclef

hero member

Activity: 924

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Well there certainly is very little sell pressure on these rallies. Sellers on vacation, demand rising.

Thomas-s

hero member

Activity: 1274

Merit: 500

Proof-of-Stake Blockchain Network

Quote from: tarmi on November 06, 2014, 03:08:45 PM

lol

authorities confiscating BFL wallet with 24 k, bunch of SR 2.0 places going down, bitstamp talking about taking down accounts that are not verified (they are requesting ID, they are not giving you a second chance to withdraw)...all this regulatory news are actually bullish. Cheesy

what is next, havelock, bitcointalk, mircea, goat going down?

good news for holders indeed.

I need more bull fud to open new shorts, please continue.

You're doing it wrong if you're shorting now.lol.

ssmc2

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Activity: 2002

Merit: 1040

Quote from: Wandererfromthenorth on November 06, 2014, 03:06:59 PM

Quote from: Thomas-s on November 06, 2014, 03:06:18 PM

So OpenBazaar will launch soon?

Still in beta, I think December or January version 1.0

But what if they shut it...oh wait, nevermind Tongue

tarmi

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Activity: 1232

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lol

authorities confiscating BFL wallet with 24 k, bunch of SR 2.0 places going down, bitstamp talking about taking down accounts that are not verified (they are requesting ID, they are not giving you a second chance to withdraw)...all this regulatory news are actually bullish. Cheesy

what is next, havelock, bitcointalk, mircea, goat going down?

good news for holders indeed.

I need more bull fud to open new shorts, please continue.

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: Thomas-s on November 06, 2014, 03:06:18 PM

So OpenBazaar will launch soon?

Still in beta, I think December or January version 1.0

N12

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Activity: 1610

Merit: 1010

Quote from: oda.krell on November 06, 2014, 03:05:36 PM

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

Come on man, this forum needs its dose of psilocybin. Cheesy

ssmc2

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Activity: 2002

Merit: 1040

Quote from: oda.krell on November 06, 2014, 03:05:36 PM

Quote from: Newbie1022 on November 06, 2014, 02:59:34 PM

Quote from: conspirosphere.tk on November 06, 2014, 02:48:11 PM

a couple of tor sites seized =/= entire system collapsing/being government seized

put the Drama-Queen Mode: Off

It's bad. If you don't have a black market, a market that draws consumer demand but where the vendors don't convert all of their proceeds into fiat, then what are you left with? Major retailers (who dump the second somebody spends their coins) and Wall Street (who can make a hell of a lot more money through dumping than pumping... it's easier, less risky, and very lucrative to sabotage).

It's bad. It may actually work to your benefit in the short-term, but it is very bad and getting worse -- that much be said.

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

He's mistaken about many things.

Thomas-s

hero member

Activity: 1274

Merit: 500

Proof-of-Stake Blockchain Network

So OpenBazaar will launch soon?

oda.krell

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Activity: 1470

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Quote from: Newbie1022 on November 06, 2014, 02:59:34 PM

Quote from: conspirosphere.tk on November 06, 2014, 02:48:11 PM

a couple of tor sites seized =/= entire system collapsing/being government seized

put the Drama-Queen Mode: Off

It's bad. If you don't have a black market, a market that draws consumer demand but where the vendors don't convert all of their proceeds into fiat, then what are you left with? Major retailers (who dump the second somebody spends their coins) and Wall Street (who can make a hell of a lot more money through dumping than pumping... it's easier, less risky, and very lucrative to sabotage).

It's bad. It may actually work to your benefit in the short-term, but it is very bad and getting worse -- that much be said.

I'm not going to advertise their names, but if you think there are no more (established) Bitcoin taking darknet market places, you are mistaken.

N12

donator

Activity: 1610

Merit: 1010

How to become a trading pro: Enter position based on gut feeling. Don't have any plan to realize possible gains because you are a long-term hodler after all. Get stuck when tide turns on you, you obviously can't sell anymore because that would mean locking in a loss, thus making you wrong. Start posting frantically about how this is the fault of x and y and z.

Congratulations, you have become a ShroomsKit.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24695. (Read 26713792 times)