For those that may be interested and may not have seen it, below is a link for an event that was on in Auckland NZ last week called The Moment Of Truth.
The whole thing is worth a watch, but I have started the link off at the last speaker, Robert Amsterdam as I enjoyed listening to him the most, and he speaks (after Glenn Grimwald, Kim DotCom, Julian Assange, and Edward Snowden)
He is mainly talking about the Trans-Pacific Partnership (TPP)
The Moment of Truth = http://youtu.be/cw51jd2WcdI?t=1h15m33s
Whole video is good though.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25682. (Read 26608337 times)
September 20, 2014, 09:58:50 AM
September 20, 2014, 09:58:45 AM
Serious question here: why does anyone ever sell btc on btc-e?
It's always lower than the others, sometimes by a significant amount (right now its $15 lower)
It's always lower than the others, sometimes by a significant amount (right now its $15 lower)
I don't think many sell there, they just trade there.
September 20, 2014, 09:55:21 AM
Serious question here: why does anyone ever sell btc on btc-e?
It's always lower than the others, sometimes by a significant amount (right now its $15 lower)
It's always lower than the others, sometimes by a significant amount (right now its $15 lower)
September 20, 2014, 09:54:36 AM
September 20, 2014, 09:51:55 AM
September 20, 2014, 09:42:27 AM
The new "willy."
September 20, 2014, 09:32:33 AM
So what is prediction on few months from now ?
IF we go up again a few 100, which as you can see is gonna be very hard because these traders and dumpers completely destroyed confidence, then the following will happen. At the point where everything starts to look good again and the confidence is back people will start dumping and trading in order to get cheap coins. They will fuck over everyone who bought coins and dump the shit out of the market because of an insane obsession over cheap coins.
Just enjoy the cheap coins
You're so cool and witty dude.
Don't you think confidence is already destroyed?
Yep. Otherwise right now the public would feel that a 700, 800, or even a $1000 coin is still a good deal, and the current price is a no-brainer. Which they don't. Even as a bitcoin enthusiast, would you pay those prices? It's going to take a long time for people to feel that those are bargain prices again. A long time.
In fact, it's going to take a serious influx of investor funds. Not sure when that will happen again.
You're giving the general public more credit than they deserve. I'd like to remind you that the world is a big place and history has proven that it ain't that difficult to manipulate them.
So I predicted "a long time" (meaning at least 6+ months without an investor pump) and your comments ambiguously refuted that. So care to give us insight on when you believe that the price will be back to even 700 again? Or are you just being contrarian for the lulz?
September 20, 2014, 09:25:55 AM
September 20, 2014, 09:25:38 AM
The dumps are only part of the problem, rising trends are suppressed with dark walls until either the market becomes demoralised or it passes the manipulators limits and when that happens its frequently followed by another round of dumping, that dump and hold strategy also shows up a lot on PM and forex markets.
At which exchange did you see this?...
It happens quite a lot on stamp but the volumes involved can be hard to see when there's a spike on the charts, look for a flatline with erratic volume (@bitcoinwisdom, log scale volume bars?). Occasionally large buyers take advantage of it and nibble at the wall point (usually a round figure) to shake out coins at a lower price but usually it holds and eventually causes a trend reversal.
I didn't know Stamp has dark wall feature.
September 20, 2014, 09:22:05 AM
Bullish pumper on Finex detected!
September 20, 2014, 09:17:17 AM
So what is prediction on few months from now ?
IF we go up again a few 100, which as you can see is gonna be very hard because these traders and dumpers completely destroyed confidence, then the following will happen. At the point where everything starts to look good again and the confidence is back people will start dumping and trading in order to get cheap coins. They will fuck over everyone who bought coins and dump the shit out of the market because of an insane obsession over cheap coins.
Just enjoy the cheap coins
You're so cool and witty dude.
Don't you think confidence is already destroyed?
Yep. Otherwise right now the public would feel that a 700, 800, or even a $1000 coin is still a good deal, and the current price is a no-brainer. Which they don't. Even as a bitcoin enthusiast, would you pay those prices? It's going to take a long time for people to feel that those are bargain prices again. A long time.
In fact, it's going to take a serious influx of investor funds. Not sure when that will happen again.
You're giving the general public more credit than they deserve. I'd like to remind you that the world is a big place and history has proven that it ain't that difficult to manipulate them.
September 20, 2014, 09:05:45 AM
So what is prediction on few months from now ?
IF we go up again a few 100, which as you can see is gonna be very hard because these traders and dumpers completely destroyed confidence, then the following will happen. At the point where everything starts to look good again and the confidence is back people will start dumping and trading in order to get cheap coins. They will fuck over everyone who bought coins and dump the shit out of the market because of an insane obsession over cheap coins.
Just enjoy the cheap coins
You're so cool and witty dude.
Don't you think confidence is already destroyed?
Yep. Otherwise right now the public would feel that a 700, 800, or even a $1000 coin is still a good deal, and the current price is a no-brainer. Which they don't. Even as a bitcoin enthusiast, would you pay those prices? It's going to take a long time for people to feel that those are bargain prices again. A long time.
In fact, it's going to take a serious influx of investor funds. Not sure when that will happen again.
September 20, 2014, 09:03:09 AM
The dumps are only part of the problem, rising trends are suppressed with dark walls until either the market becomes demoralised or it passes the manipulators limits and when that happens its frequently followed by another round of dumping, that dump and hold strategy also shows up a lot on PM and forex markets.
At which exchange did you see this?I'm still highly suspicious of where the manipulator's getting the coins, maybe its another goxing but if it's the bankers then they've the funds to mine on unprofitable hardware and it fits in with their dominate or destroy practises but that alone doesn't cover the volumes being dumped. Payment processors may be another source, BitPay and Coinbase don't seem to have many problems with their banks and iirc Coinbase is run by an ex-banker
No one will know for sure. But the exchange owners may have some idea since they know who are dumping. The bitcoin reporters really should interview owners of the major exchanges.
September 20, 2014, 09:00:55 AM
Not sure why people think that a BTC will be worth shit at the end.
Cant you see the price is being manipulated at this very moment? The price goes UP. Than a DUMP follows.
Imagine what this would look like without the dumps. Imagine where Bitcoin would be at that time. Just remember, dumping will not be forever. I feel a big fucking spurt rocketeering towards fucking MARS happening very soon. As in a month or two.
The dumps are only part of the problem, rising trends are suppressed with dark walls until either the market becomes demoralised or it passes the manipulators limits and when that happens its frequently followed by another round of dumping, that dump and hold strategy also shows up a lot on PM and forex markets.Cant you see the price is being manipulated at this very moment? The price goes UP. Than a DUMP follows.
Imagine what this would look like without the dumps. Imagine where Bitcoin would be at that time. Just remember, dumping will not be forever. I feel a big fucking spurt rocketeering towards fucking MARS happening very soon. As in a month or two.
I'm still highly suspicious of where the manipulator's getting the coins, maybe its another goxing but if it's the bankers then they've the funds to mine on unprofitable hardware and it fits in with their dominate or destroy practises but that alone doesn't cover the volumes being dumped. Payment processors may be another source, BitPay and Coinbase don't seem to have many problems with their banks and iirc Coinbase is run by an ex-banker
I agree with your thoughts on this. One add on the payment processor, at least Coinbase have said that try to sell merchant coins on the exchange market during the least volatile periods when it will affect the exchange rate minimally. I also believe that they are holding more percentage of coins now and doing more off-exchange merchant transactions.
September 20, 2014, 08:58:56 AM
September 20, 2014, 08:57:44 AM
So what is prediction on few months from now ?
IF we go up again a few 100, which as you can see is gonna be very hard because these traders and dumpers completely destroyed confidence, then the following will happen. At the point where everything starts to look good again and the confidence is back people will start dumping and trading in order to get cheap coins. They will fuck over everyone who bought coins and dump the shit out of the market because of an insane obsession over cheap coins.
Just enjoy the cheap coins
You're so cool and witty dude.
Don't you think confidence is already destroyed?
September 20, 2014, 08:55:57 AM
So what is prediction on few months from now ?
IF we go up again a few 100, which as you can see is gonna be very hard because these traders and dumpers completely destroyed confidence, then the following will happen. At the point where everything starts to look good again and the confidence is back people will start dumping and trading in order to get cheap coins. They will fuck over everyone who bought coins and dump the shit out of the market because of an insane obsession over cheap coins.
Just enjoy the cheap coins
You're so cool and witty dude.
September 20, 2014, 08:53:06 AM
So what is prediction on few months from now ?
IF we go up again a few 100, which as you can see is gonna be very hard because these traders and dumpers completely destroyed confidence, then the following will happen. At the point where everything starts to look good again and the confidence is back people will start dumping and trading in order to get cheap coins. They will fuck over everyone who bought coins and dump the shit out of the market because of an insane obsession over cheap coins.
Just enjoy the cheap coins
September 20, 2014, 08:50:29 AM
So what is prediction on few months from now ?
IF we go up again a few 100, which as you can see is gonna be very hard because these traders and dumpers completely destroyed confidence, then the following will happen. At the point where everything starts to look good again and the confidence is back people will start dumping and trading in order to get cheap coins. They will fuck over everyone who bought coins and dump the shit out of the market because of an insane obsession over cheap coins.
And everyone will cheer here. They will be extremely happy. Post after post will look like this "cheap coins nom nom nom
". September 20, 2014, 08:45:25 AM
Not sure why people think that a BTC will be worth shit at the end.
Cant you see the price is being manipulated at this very moment? The price goes UP. Than a DUMP follows.
Imagine what this would look like without the dumps. Imagine where Bitcoin would be at that time. Just remember, dumping will not be forever. I feel a big fucking spurt rocketeering towards fucking MARS happening very soon. As in a month or two.
Dumping in a declining trend means selling to strong (or stupid) hands.Cant you see the price is being manipulated at this very moment? The price goes UP. Than a DUMP follows.
Imagine what this would look like without the dumps. Imagine where Bitcoin would be at that time. Just remember, dumping will not be forever. I feel a big fucking spurt rocketeering towards fucking MARS happening very soon. As in a month or two.
In the end, the strong (or stupid) hands will own many of the coins.
If fundamentals don't change, buying them back from them will be difficult to do it cheap.
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