“Bearwhale” Makes Bitcoin Trading History – The best and ...

Most popular phone wallets

I'm a 2011 btc veteran. As such, I find myself using tools that become outdated and don't keep up with what's new anymore. You get set in your ways. I've used mycelium as a phone wallet for what seems like forever. It used to be simple and sleek. There were development plans for some interesting tools that never came to be. I just looked in the app for the first time in a while and it's become bloated with spammy media feeds and other sponsors that reek of desperation. If i were to recommend something that looks like a malware infected early 2000s webpage to a friend, it's got all the bells and whistles to drive them away. It's finally the sad time to dump mycelium and take my spending keys elsewhere. (RIP crowdfunding coins donated long ago)
What is everyone's phone wallet choice these days and why? I have used many over the years, they all have their strengths and quirks.
submitted by mabezard to Bitcoin [link] [comments]

The fact a Mt. Gox selloff and Silk Road old wallet selloff crashed the market means Bitcoin suffers from the very thing it swears to destroy: centralization.

The fact that 3% of all Bitcoin wallets hold over 97% of all the Bitcoins should be a red fucking flag to any potential investor. And three times we've had this affect the price negatively. First was the Bearwhale who said he would crash the price 90%, and did it. Then we've had the Mt. Gox trustee selloff. And now we've had the old Silk Road wallet whale sell off. What's next? Satoshi wallets move one Bitcoin and everyone panics?
This is beyond reasonable. The tech is "solidy" (can't forget those 50$ fees now can we) but the way its shaped is nothing but a piramid scheme where any of the old guys can fuck every single new guy and buy back in at a better price.
submitted by Aztiel to CryptoCurrency [link] [comments]

Removed comments/submissions for /u/jigaxx

Hi jigaxx, you're not shadowbanned, but 37 of your most recent 90 comments/submissions were removed. They may be removed automatically by spam filters and not necessarily by human moderators.
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - August 10, 2018", (10 Aug 18):
Indeed, they are telling me that my eos tokens are worthless now because I didn't register my tokens on time. I was one of the really early investors on their platform. All gone just like that. What a...
Comment (1pts) in SnowDividends, "Exit scam?", (01 Aug 18):
Thanks! You're the man.
Comment (1pts) in SnowDividends, "Exit scam?", (01 Aug 18):
Yep, looks like it
Comment (1pts) in garlicoin, "Forgive me for I have killed somany garlic.", (20 Jul 18):
Hey friend, no worries. I'll give you the 761 garlic if you tell me how you're going to back them up.
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - July 17, 2018", (18 Jul 18):
I've been sucker punched too many times by pumps like these. I'm staying skeptical for now.
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - July 11, 2018", (11 Jul 18):
What a fucking nightmare!
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - June 22, 2018", (23 Jun 18):
Oh yeah. Sit down and let me tell you a story about the bearwhale fight at $300
Comment (1pts) in CryptoCurrency, "Daily Discussion Megathread - June 12, 2018", (13 Jun 18):
I know, it feels like the downtrend from early 2014 but this one feels waay worse and artificial. Almost like everyone is being waterboarded.
Comment (1pts) in nanocurrency, "feels like it's the same with Nano..", (10 Apr 18):
RemindMe! 3 Years
Comment (1pts) in CryptoCurrency, "List of dividend-paying cryptos", (06 Nov 17):
COSS and Kucoin
Comment (1pts) in CryptoCurrency, "Anything similar to tether?", (16 Jul 17):
Nubits
Comment (1pts) in videos, "When a male gymnastic coach tries uneven bars.", (20 Dec 14):
10
Comment (1pts) in Bitcoin, "I love this man: If you've never heard of Bitcoin, "get...", (09 Dec 14):
Right, that enthusiasm. He even forgot to take a puff puff from his weed and the thing went out.
Comment (1pts) in explainlikeimfive, "ELI5: What is the best way/position for humans to sleep? It...", (21 Nov 14):
Lean on the wall.
Comment (1pts) in dogecoin, "The Count Down to the Biggest storm in Doge History has...", (09 Nov 14):
Battle Creek here
Comment (1pts) in Music, "What was the last actual compact disc (not download) you...", (08 Nov 14):
50 cent - Get Rich Or Die Tryin. Year: 2003.
Comment (1pts) in dogecoin, "Doges of the world! [OC!]", (11 Oct 14):
Africa?
Comment (1pts) in dogecoin, "Dear whales leaving our currency...", (08 Aug 14):
Whales? More like bottom feeders. They get higher profit margins when the prices are low but now I think they've realized the consequences of pressuring the prices towards the bottom. Miners are findi...
Comment (1pts) in dogecoin, "I guess we might see bitcoin race against dogecoin...", (25 Jul 14):
Seal of approval. It means our community is highly regarded by BTC. This imitation is flattering.
Comment (1pts) in dogecoin, "First they ignore you, then they laugh at you, then they...", (16 Jul 14):
First they ignore you, then they laugh at you, then they fight you, then you wow!
Comment (1pts) in flappycoin, "FlappyCoin Qt Wallet 2.0.0 released", (23 Mar 14):
Hello dev. Please follow the instructions from the link below to fix the "libgcc_s_dw2-1.dll" issue: http://stackoverflow.com/questions/4702732/the-program-cant-start-because-libgcc-s-dw2-1-dll-is-mis...
Comment (1pts) in flappycoin, "I will buy 1 million flaps for 300 doge.", (22 Mar 14):
1 dogecoin = about 123 satoshis
1 flappycoin = 1 satoshi (at current market price)
300 dogecoin = 300 X 123 (which comes out to about 36,900 flappycoin)
Your 300 Doge will get you 36,900 flappy. Wh...
Comment (1pts) in flappycoin, "Stop selling You %@[email protected]", (16 Mar 14):
He's talking about the dipshits selling so low and pilling a huge sell wall and crippling the coin.
Comment (1pts) in flappycoin, "Lets bring up the value of Flappycoin!!!!!!", (05 Mar 14):
Check out Flappy Party. It is a Flappy Bird gambling ring using bitcoin. If we could get them to accept Flappycoin, it will increase our transaction volume.
Comment (1pts) in dogecoin, "Want Coinkite to accept Dogecoin? First to ฿25 wins!", (14 Feb 14):
Did Bitcoin and Litecoin have to pay to be included? If the answer is no, then we shouldn't have to either.
Comment (1pts) in science, "Be Happier: Spend More Money on Others " ... Psychologists...", (06 Feb 14):
I think this phenomenon is happening on a massive scale at /dogecoin
Comment (1pts) in dogecoin, "I love you all my dear shibes <3 :)", (01 Feb 14):
Am I welcome too?
Comment (1pts) in dogecoin, "a few people asked for an sms tipbot so i made one", (27 Jan 14):
Behold, we are witnessing the birth of a killer app.
Comment (1pts) in dogecoin, "a few people asked for an sms tipbot so i made one", (27 Jan 14):
I am not sure if anyone really understands the gravity of this. This is going to be similar to how the M-Pesa system revolutionized finance in East Africa.
Comment (1pts) in dogecoin, "a few people asked for an sms tipbot so i made one", (27 Jan 14):
Tanzania (+255)
Comment (1pts) in dogecoin, "Just found our ticket to the moon", (22 Jan 14):
Yes yes yes! Shut up and take my doge.
Comment (1pts) in dogecoin, "Just wanted everyone to see this link showing our progress...", (20 Jan 14):
Just donated, hope too see them at the Olympics. It would be nice if they could somehow promote dogecoin at the olympics.
Comment (1pts) in explainlikeimfive, "ELI5: Whats the difference between () [] and {} ?", (07 Dec 13):
public class HelloReddit { public static void main(String[] args) { System.out.println("[The] Magic bean store (where my buddy Jerry used to work until he ate too much merchandise: {beans, ornamental ...
Comment (1pts) in gifs, "Downhill longboarding.", (05 Nov 13):
Claremont is another great video
Comment (1pts) in videos, ["Russell Brand Hilariously Embarrases Morning Show H
submitted by MarkdownShadowBot to CommentRemovalChecker [link] [comments]

r/bitcoin recap - May 2017

Hi everyone!
I’m back with the fifth monthly Bitcoin news recap.
I seriously can’t believe all of this stuff happened in ONE month.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in bitcoin and save them. At the end of the month, I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
If you're on mobile and can't see the links below, check the web version.
A recap of Bitcoin in May 2017
Thanks to everyone who has been contributing positively and constructively over the past month.
Here's to June! (and SegWit)
submitted by SamWouters to Bitcoin [link] [comments]

"Inside ChangeTip: A Special Buttcoin Investigative Report," -- All this and more, plus Andy Rooney, Tonight on 6 Blocks

Good Evening, I'm Lesley Stahl. Mike Wallace is out tonight.
Notice! If you just want to get to the most interesting part, skip to IV. Shill Bots

I. Introduction

In the world of Bitcoin, one startup has taken the community by storm. ChangeTip, a service that allows users to "tip" minute fractions of a cent to one another on online social media, has been rapidly accumulating a rabid, loyal fanbase of people spamming thinly-veiled bot-generated advertisements, in a decidedly clumsy attempt at native advertising.
More interestingly, ChangeTip doesn't even actually use Bitcoin -- it maintains a centralized, internal ledger of "who" has "how many bits" and then, when the user is ready to cash out, pockets the ledger-balance of "bits" and delivers dollars to their banking account. At no point in the entire process is a user does a user ever actually have to touch bitcoin, and at no point in the entire process of tipping is any money actually being moved around on the blockchain. Essentially, ChangeTip is a Bitcoin-based startup that in no way utilizes Bitcoin, save for the fanatical frenzy of the community of bagholders.

II. Metholodogy

ChangeTip manipulates the bitcoin bagholders into shilling. These bagholders try to encourage new recruits into the cult by tossing an inconsequential amount of money -- say, $0.0001 (or 1/100th a penny) at a potential recruit. The relationship is mutually beneficial & serves two purposes:
  • ChangeTip: gets an excuse to post its thinly-veiled native advertisement anywhere on social media (especially reddit)
  • Bitcoiners: get a way to try to indoctrinate other people into the cult at virtually no expense to them, thus potentially driving up demand and thus the price of a bitcoin (since supply is roughly fixed)

III. Privacy Concerns

Bitcoin is, of course, heralded by renowned sources such as /bitcoin as being an anonymous / pseudonymous way to send "money" to anyone, anywhere, instantly*.
ChangeTip, however, requires you to "link" your social media accounts to ChangeTip to function. Essentially, this means that with minimal effort and a few database queries, ChangeTip is able to create an online "fingerprint" of anyone using the service. For example, I could know that TulipCoins is also "Mike Hockhertz" on facebook, and can be found under the twitter handles @JIDF_4_LIFE and @WellsFargoCustomerSupport.
Why is this so alarming? Because ChangeTip doesn't actually seem to have any business model. From the time the company began til the present, ChangeTip has generated a whole $0.00 of revenue. There is an appropriate adage to cite here: "If you're not paying for it, you're the product." I will note that ChangeTip suggests that at some point in the future they will start taking a 1% cut of all "tips", however, as we will show later, this is probably a red herring.
To compound this problem, ChangeTip also enables users to "link" their banking account, and thus "cash out". As you can imagine, the possibilities are limitless for abuse here -- a single company knowing your entire social media makeup, and your bank account, and thus knowing your true identity as well. Needless to say, it is surprisingly accepted in bitcoin services for a service that connects-the-dots so much as it were given the anonymity/pseudonymity-intense community of bitcoin.
"But wait!" I hear you say -- you don't have to cash from from ChangeTip. You can send your money to another wallet and later cash it out at a Bitcoin Exchange. Yes, this is true, but forgetting an important key detail: the company that just invested $3.5 million in & effectively owns ChangeTip ("Pantera Capital") also has invested heavily in 2 of the biggest Bitcoin exchanges -- those being the Slovenian-run BitStamp and US-based Circle. The point is, even if you make the effort to move over to either of these exchanges, you can still be tracked (and rather easily at that).
* Your experiences may differ by up to 6 hrs. Numerous middleman fees & preposterous volatility may will apply. Drink the kool-aid responsibly.

IV. Shill Bots

ChangeTip seems to employ 2 kinds of Shill bots, in addition to their main ChangeTip bot. Important to note, ChangeTip has already been outed for running what I call "Giver" shill bots recently.
The end result looks like this:
"Giver" bot initiates:
Hey loofa,
Your comment has recived a RANDOM TIP!
100 bits changetip
I am a bot, going round Reddit sharing the news and joys of Bitcoin and ChangeTip . If you've never heard of ChangeTip, it's a cool Micro-Tipping service avaliable across a variety of social networks, including Reddit.
I do hope you'll accept this tip, and I hope to see you in the /Bitcoin and /ChangeTip communities soon! Happy Tipping!
changetip replies as expected:
The Bitcoin tip for 100 bits has been collected by loofa.
Bonus: an image from /bitcoin
ChangeTip info | ChangeTip video | /Bitcoin
"Promoter" bot tries to astroturf:
ChangeTipBot for the win!
Think I'm making this up? Check here, it's pretty much exactly what I just described.
Here's 2 "Promoters" in the wild: NewAustrian JennyCherry18
They followed around the ChangeTip bot responding with the same script (pick one):
  • Let it go viral!
  • Whoa, what just happened here?
  • To the moon!
  • ChangeTipBot for the win!
  • This. Bitcoin is here to stay!
  • Stay gentleman and keep on tipping.
  • The tips must flow!
  • Let it rain!
  • Micropayments are really taking off.
  • Ah crypto currencies. I love them.
  • Keep up the good work.
  • You're keeping the bot busy.
  • Is it Tuesday again?
  • Ah, Bitcoins. Nice.
  • Now try to do this with PayPal.
  • The tipping bot really shows what the community can do.
  • Nice to see more tips outside Bitcoin.
  • Tipping makes me smile.
  • This is everywhere!
  • Yeah, Bitcoin here we go!
  • Ignore the haters and keep up the good work.
  • Classic gentleman
  • Wow. Big spender.
  • That bot is very busy today.
  • This gives me a warm and fuzzy feeling.
  • A tip a day keeps the Bearwhale away.
  • Spread the love.
  • Let's hope the bot can deal with all the tips today. :)
  • Yeah, free money!
  • I really love this bot.
  • Is this for real?
  • Take that, /Bearwhale
  • This is VERY gentleman
  • And there are people who want to ban the bot...
That's what I got from going through 6 pages of the bots history. I can't even do this anymore, the shilling is just so fucking pathetic & what's even more pathetic is that its pretty goddamned obvious who is running it. Gee, I wonder who has experience writing reddit bots & trying to sneakily advertise their spamware through reddit comments?
The bot owner (aka, ChangeTip) apparently deleted all their posts after someone figured out what they were doing (click context on any of the posts in the user history). Fortunately, the idiots behind said bot didn't realize that if you just click "delete" on a comment in a thread, it deletes it from that thread, not from the user account, so we now have a living testament of the sad extents of shillery one very sad company will go.

V. ChangeTip's Balance Sheet

This is what I originally was writing this post about before assuming the whole 60 minutes schpiel. As has recently been pointed out elsewhere in /buttcoin, the founder of ChangeTip Nick Sullivan recently claimed to the New York Times that ChangeTip had transmitted approximately ~$250,000 USD as of February 1, 2015. Numerous users pointed out that this was more than double the previously reported amount (as displayed on their front page) of $90,000 USD.
However, for the sake of argument, I am going to make the following assumptions, which are extraordinarily optimistic and represent a "best case" scenario for ChangeTip.
  • Suppose Nick Sullivan is correct that they have transmitted $250,000 USD (again, actually it's $90,000 USD)
  • Suppose that ChangeTip has had a 1% fee in place from Day One (actually, they still charge no fee, i.e. 0%)
  • Suppose that ChangeTip has one employee (actually, they have at least 4 employees)
  • Suppose that ChangeTip has only been operating for 3 months (actually, its closer to >12 months)
Using the above suppositions, we can deduce the following:

Best Case Total Revenue:

$2,500.00

$250,000.00 * (1% fee) = $2,500.00 

Best Case Monthly Revenue:

$833.33/mo

$2,500.00 / (3 Months) = $833.33/mo 

Best Case Yearly Revenue:

$9,999.96/yr

($833.33/mo) * (12 Months/Year) = $9,999.96/yr 

Best Case Employee Salary:

$9,999.96/yr OR $4.81/hr

// Employee Annual Salary ($9,999.96/year) * (100% Yearly Revenue) = ($9,999.96/yr) // Alternative: Employee Hourly Rate ($9,999.96/year) / (52 weeks/year) / (5 days/week) / (8 hours/day) = $4.81/hr // again, this is assuming there is only 1 employee who receives all the money the company brings in over a year 

Best Case Employee Salary VS Federal Minimum Wage:

$-5,800/yr OR $-2.44/hr

Federal Minimum Wage = $7.25/hr = $15,800.00/yr ($9,999.96/year) - ($15,800.00/year) = $-5,800.00 ($4.81/hr) - ($7.25/hr) = -$2.44/hr // again, this is assuming there is only 1 employee who receives all the money the company brings in over a year // as you may notice, ChangeTip cannot afford even a single employee being paid the federal minimum wage 
At this point, I need to point something out to make it exceptionally clear. We've already used the absolutely-most-positively-exaggerated-and-optimistic figures conceivable to look into ChangeTip's balance sheets and we've found that even using those incredibly one-sided figures, ChangeTip couldn't even possibly pay for a single employee who works for minimum wage.
What I wanted to make clear was this: mind you, we're not even taking into account business expenses such as: taxes, office space, infrastructure, marketing, human resources, developers, testers, requirements, customer support, business planners, accounts payable, executives, dividends to shareholders, reinvestment in the company, etc. You know, what a business actually costs to run.

VI. Conclusion

In case you think that this has all been the work of a crazed know-nothing anti-bitcoiner sheep, feel free to peruse the knowledgable pro-Bitcoin(er) position on ChangeTip: http://hackingdistributed.com/2014/12/17/changetip-must-die/
A selection from said great article that was part of the inspiration for this post:
Back to ChangeTip: on its current trajectory, it is not a viable company. I am certain that the people who work for it are well-meaning, reasonable people. But the lack of a revenue stream is an inescapable fact. The math portends an unsustainable cash flow; they will ultimately have to fold or else change their business model. When the music eventually stops, our identities will be up for sale. Even if the company manages to stick to its current avowed business plan until bankruptcy, there is no telling what others will do with the ChangeTip data.
Feel free to double check calculations, but I think it's a pretty safe bet to say that ChangeTip is a gigantic PII-vacuum waiting to explode. I would feel bad for the changetipping bitcoiners, but in all honesty: this is the free market -- this is what they asked for -- this is what they deserve. Maybe the next ChangeTip will want to work on its reputation, amirite guiz?
Oh, and where there's credit due, there's credit due -- even /bitcoin seems to somewhat be acknowledging that ChangeTip is an insolvent spam-machine: https://www.reddit.com/Bitcoin/comments/305dco/changetip_statistics_coming_soon/
Please let me know if there are any errors & I'll try to correct them.

tl;dr lol ChangeTip

edit: updated some grammar & redid the bit about shill bots to show the process more fully
submitted by KillSnowden to Buttcoin [link] [comments]

The bearwhale on r/bitcoin, are you guys seeing what I'm seeing?

The bearwhale thread
So I made an account on reddit again for this, having been logged off and lurking for a few years now.
I was around in 2014 and I was watching the market, subreddits, chats and the market sentiment very closely. The reasons he listed for selling weren't even occurring back then. Theymos wasn't censoring bitcoin , nobody was discussing the block size among the community, the devs discussed it faintly like any other upcoming issue, and did blockstream even exist?
The market agreed with the above, leading to the then-decline in price towards $300
No. Not a single word of this was uttered by traders.
If this guy is really the bearwhale, he either knew about things way before everyone else (the community) did and is currently exaggerating and mistaken about a few points, or he's lying. Considering how he's appealing to emotion in such a fitting way and calling UASF, I can't help but wonder if it's a well placed astroturf piece. Considering that his signature is valid for a wallet holding and moving a large sum of bitcoin back then, that could simply mean the bearwhale is taking part of this astroturfing. VC/Institutional investor?
And what was going on back then with bitcoin was in fact the buttcoin trolls were allowed and encouraged to run rampant in bitcoin, "it's just criticism" - words spoken by the bitcoin mods each time they answered to protest. I think this is important to remember.
submitted by shillwhale-question to btc [link] [comments]

Long time crypto trader: BTC and LTC manipulated and so is Dogecoin - 1Ð should be $0.005

Dogecoin's price is very undervalued and I believe it will reach new all time highs within the next few months as long as development and infrastructure in the community and marketplace continues to grow.
Some of you may not have noticed whats going on in /Bitcoin but they have just realised the extent and reasons why the Bitcoin price has been declining in the face of 6 months of positive news: manipulation by some whales
This is not limited to Bitcoin but also Litecoin and what I have been seeing the last 2 months in the Dogecoin price too.
So why is there manipulation? greed, plain and simple! In a downward price manipulation the actors drive the price lower by selling at that high price to create fear and panic which scares others into selling too and then buy the same number or more coins at a much lower price and making a profit and potentially a lot more profit when they price rises again. Thats also the key - their intention is for the price to rise eventually. They are just loading up.
I have always argued to many sceptics that manipulation is the fuel for the Bitcoin price to move up and down and despite that Bitcoin is undervalued according to available supply, its applications and its ability to solve real world problems for the rest of the 3 billion people that are unbanked around the globe.
Now lets look at Dogecoin and its price. Several months back I posted that the price decline of Dogecoin is due to the the 180 million+ a day of new Dogecoin generated was the reason for the price decline and that supply couldn't meet demand. While that is partly true several months ago I have been observing 40-100 million Dogecoins being dumped at a single time 40-60million Dogecoin sell walls at the slightest indication of Dogecoin moving up this is not auto selling. While some auto dumping occurs from multipools which is normal it doesn't explain the uncontrollable yet coordinated timing at which it is being carried out whenever a breakout appears like happening. This is more obvious this past month since the february manipulation. Right now we are currently seeing Dogecoin sell walls placed to prevent a price rise above 100 satoshi, for how long I don't know?
But what I do know is that Dogecoin is undervalued and I believe each Dogecoin should be worth at least $0.002 and upto $0.005. This puts the market cap between $188m - $470m. I based these figures on the metrics which determine the Bitcoin (and to some degree Litecoin) price in its first year of wide scale media attention and the time it takes 70,000 people to use it for goods and services. Bitcoin reached that threshold last year in spring when the total number of Bitcoins generated was around 12million and price rose to around $50 and so many online shops were using it as well as silk road. This put the market cap of Bitcoin at $600m so Dogecoin with its market place, large user base and lots of media attention would make it reasonable to suggest, despite its inflation rate and no cap to be somewhere between $188-470 million. This means 1 doge would be worth $0.002-0.005.
In fact Coingecko.com tells us Dogecoin is the number two crypto-currency by all metrics but it doesn't tell us how big the marketplace is and the fact there are over 200 businesses atleast that accept Doge and numerous ATMs, secure network, growing userbase, reducing supply rate of new Dogecoins generated and 35% of current supply is held in cold storage by most of the top 30 wallets. I should know I have one of them and I don't plan on selling! I'm waiting for Dogecoin to become universal and very liquid to be able to spend my doge to buy, rent and send to anyone, any company any charity that I choose.
With all that said it will just be a matter of time before the floodgates open and the price rises to new all time highs. But don't invest more than you can afford to lose this is still a speculative technology!
Finally, Im very impressed that demand for dogecoin has been so formidable the past several months in the face of such downward manipulation in price! Well done to you all, keep up the good work and enthusiasm and continue to spend, save and tip doge where you can :)
To the moon!
EDIT: As of right now (11.30 GMT) there is a 80 million sell wall on cryptsy
EDIT 2: 70 million now as 10 million was just bought: the manipulators are smelling a breakout hence the 80 million (http://imgur.com/FHV5A3J)
EDIT 3: if you want to see how manipulation can be defeated check this out https://www.youtube.com/watch?v=-uX_bB_4VJk&feature=youtu.be (thanks to Voogru and his post in /bitcoin today)
EDIT 4: while I'm here can you please sign this petition to get doge on the major exchanges if you agree. Thanks!
EDIT 5: More manipulation - 107 million doge sell wall @90 after a 85million sell wall @88 got bought up - this is unprecedented in Dogecoin market history and goes to show how much demand there is. (http://imgur.com/9QG9nOf)
submitted by Justlite to dogecoin [link] [comments]

Massive dumping on Finex

My best guess is this is Bearwhale's son out to seek vengeance. He's twice as strong as his father and there is absolutely nobody trying to take him on.
submitted by TDBit to Bitcoin [link] [comments]

Price fundamentals haven't changed. Crash still incoming?

Price fundamentals haven't changed after the 275$ crash:
Also, let's talk about bitcoin's potential killer apps:
Given this, while I'm sure there will be more bubbles, I'm not expecting any in the immediate future.
Furthermore, I'm expecting an even worse crash since all those buyers at 300$ will sell if the price bounces back under 300 in the next few days.
I'm currently sitting on the sidelines with 0 BTC left and I'm waiting for the <100$ crash. Unfortunately I have neither the right type of account nor the confidence that the market 'exuberance' after the whale harpooning won't go for longer than I can keep a short open.
Edit: Please note that I'm mostly talking about the short term here: 1 week to 3 months. Longer term anything might happen. Edit: I'm down to 0 BTC.
Edit: The more I think about this the more sure I become of the coming second crash. Also, and thanks to your comments, I'm also more sure of bitcoin's bright future (long term, at least 6 months before price start to reflect it again).
Back to trading - be on the lookout for waning exuberance. If price gets 'stuck' or starts going back down there won't be a floor until maybe 100. The previous 260/275$ floor has moved to 300$ as a bearwhale unloaded 30k there. Most of those who bought @300$ won't want to be bagholders and will sell if it hits 300$. And 30k is a lot to sell! Some will even sell early to take profits. And the books are very thin back to 300$....
Edit: They can't say they haven't been warned: http://www.reddit.com/Bitcoin/comments/2ih1us/psa_please_dont_invest_more_than_you_can_lose/
submitted by nqudex to BitcoinMarkets [link] [comments]

'Twas the night before Buttmas (xpost, not mine originally)

'twas the night before christmas, and all through the net, no transactions were processed, not even a bet the miners were hung by the fans with aplomb, in the hopes that they wouldn't be unplugged by mom the manlets were nestled all snug in their chairs, losing their wallets to trojaned warez, and tibanne on his throne, ver on a stick, andreas is drunk and getting vitriolic when suddenly on reddit a new thread is hot, "banks buying bitcoin! they're buying the lot!" no evidence is posted to support this notion, but the upvotes have spoken, and caused a commotion the lines on the graph of the unstable price start rocketing upwards, no more rolling the dice! when suddenly, selling, a red arrow shows some actual volume, and transaction lag grows with this kind of movement, so many orders to fill, they knew it their hearts it was the work of a shill with money to burn thanks to the fed, battle plans formed, and the sticky now said: "now voorhees! now fenton! now, charlie and roger! hang on a minute, who isn't a tax dodger? no matter just buy, the beast isn't picky! quick, give it money, while i start the wiki!" their fortunes depleted, pocket money spent, the older among them investing the rent, personal credit forever in red, but totally worth it, the bearwhale was dead and then, a new message, a reply to a post, some economic analysis from user cum-ghost, the rainbows confusing, the triangles scattered, but it turns out none of that had really mattered utility, value, a wave of the hand, none of this matters to freemen of the land a reminder, he posted, as best as he could: "no matter what happens, for bitcoin it's good!" 
submitted by roidragequit to Buttcoin [link] [comments]

The truly defining Post-MtGox moments when Bitcoin turned from Bearish to Bullish

Bitcoin's prices actually went much lower than they had been during the late 2014 'Bearwhale' episode, on two occasions in 2015 - in January (BitStamp wallet hack) and in August (when the bitcoin scaling blocksize debate first began to really brew some public drama and negative attention).
Afterwards, in October '15, the price started marking new highs every single week, cited to be due to capital controls pressure in China, until by the first week of November '15 it had more than tripled vs. the mid-August '15 low of ~$162-180 just 10 weeks prior.
This rise - even in spite of the subsequent corrective crash back to $300 - began in earnest the period of "The Halvening 2016" BTC mining block reward reduction supply/demand hype which led to another exponential price rise starting in May '16 and then crashing at various times throughout the summer, notably due to the BitFinex hack in August - which sent prices tumbling as low as the $460's on BitStamp - from the ~$780 early summer peak.
Nevertheless, prices consolidated in an upward momentum right away, and by late October '16 they'd reached $700 for the first time again since June, ushering in the latest fast growth phase which would go on in turning Vinny Lingham's bold prophecy into reality. By mid-December the continuous price increase was reaching vertical levels, which surprisingly did not end by Christmas day or NYE, and was only interrupted at last on January 5th 2017 by a severe yet relatively short-lived crash caused by PBoC Chinese exchange regulation changes.
Prices recovered thereafter, with the bubbly upward momentum still yet ongoing to this day, as not 1 but 3 "BTC ETF's" are awaited to be approved or denied by the US SEC next month.
So, we find that, contrary to some popular myths, the turning point for BTC sentiment & price only manifested itself an entire year later than the 2014 Bearwhale Event.
submitted by Post-Cosmic to Bitcoin [link] [comments]

The Miraculous Christmas bitcoin song

'twas the night before christmas, and all through the net, no transactions were processed, not even a bet the miners were hung by the fans with aplomb, in the hopes that they wouldn't be unplugged by mom
the manlets were nestled all snug in their chairs, losing their wallets to trojaned warez, and tibanne on his throne, ver on a stick, andreas is drunk and getting vitriolic
when suddenly on reddit a new thread is hot, "banks buying bitcoin! they're buying the lot!" no evidence is posted to support this notion, but the upvotes have spoken, and caused a commotion
the lines on the graph of the unstable price start rocketing upwards, no more rolling the dice! when suddenly, selling, a red arrow shows some actual volume, and transaction lag grows
with this kind of movement, so many orders to fill, they knew it their hearts it was the work of a shill with money to burn thanks to the fed, battle plans formed, and the sticky now said:
"now voorhees! now fenton! now, charlie and roger! hang on a minute, who isn't a tax dodger? no matter just buy, the beast isn't picky! quick, give it money, while i start the wiki!"
their fortunes depleted, pocket money spent, the older among them investing the rent, personal credit forever in red, but totally worth it, the bearwhale was dead
and then, a new message, a reply to a post, some economic analysis from user cum-ghost, the rainbows confusing, the triangles scattered, but it turns out none of that had really mattered
utility, value, a wave of the hand, none of this matters to freemen of the land a reminder, he posted, as best as he could: "no matter what happens, for bitcoin it's good!"
Courtesy of SA user Dex
submitted by unfit_bagel to Buttcoin [link] [comments]

Bitcoin Whale Strategy: What Whales Are Doing for Bitcoin Halving  Token Metrics Live Crypto News  Bitcoin Bear Whales Losing Steam? Coinbase Decentralised Exchange? Bitcoin Gold Hack! Slaying The Bitcoin Bear Whale ALT SEASON BULL MARKET BEAR MARKET WHALE & DOLPHIN EXPLAINED BITCOIN WHALES INCREASING!! RISING WEDGE PATTERN ?!? BREAKOUT?!? USDT MARKET CAP OVER $10B!!!

Bitcoin Bearwhale Vanishes as BTC Hits $10K. The biggest whale on Bitfinex known to the Bitcoin community as Joe007 vanished, as the price of the top-ranked cryptocurrency by market capitalization hit $10,000. Joe007 left with a farewell letter, describing his time on Twitter as an “experiment.” He also removed himself from the Bitfinex Leaderboard, no longer showing his trades and the ... The bearwhale begins in bitcoin as Monday shows up. This sell order took place in the bitcoin market the past few trading days. indicators showed a large sell order this weekend. Blockchain (Bitcoin’s built-in ledger system) showed that a single sell of 30,000 Bitcoin all at once at a price of $300 per coin (or $9 million in total) took place. The trade with the largest amount of funds on Bitcoin was recorded on September 11th. At that time, one of the Bitcoin whales transferred 8,500 BTC ($88 million) from Binance to an unknown wallet. During that period, the monitor recorded a transaction of 220,726 ETH worth $81 million from an unknown wallet to another unknown wallet. The ... what is a bearwhale? Posted on February 27, 2017 by 1 Bitcoins. 1 Bitcoins. Bitcoin News and Search. 1 News -24 7 News -24 7 Bitcoin -1 Search. Search for: I know what a whale is. I know what a bear is. I know what a bull is. but I do not understand what a bearwhale is…. submitted by /u/omnifecint . 1 Bitcoins. Bitcoin News and Search. 1 News -24 7 News -24 7 Bitcoin -1 Search. Search for ... “Bearwhale” Makes Bitcoin Trading History This sell order took place in the bitcoin market the past few trading days. indicators showed a large sell order this weekend. Blockchain (Bitcoin’s built-in ledger system) showed that a single sell of 30,000 Bitcoin all at once at a price of $300 per coin (or $9 million in...

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Bitcoin Whale Strategy: What Whales Are Doing for Bitcoin Halving Token Metrics Live

Bitcoin Whale Strategy: What Whales Are Doing for Bitcoin Halving Token Metrics Live Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially ... When will bitcoin stop dumping? We take a look at how the price of Bitcoin has been driven down consistently by bitcoin bear whales but why they're losing steam then major news across the space. Bitcoin and crypto currency right now is trending down, however not everything looks so bad. In this video we will talk about a guy who exactly predicted multiple bitcoin bull and bear markets and ... On the 6th of October 2014 an incursion occured between the bulls and the bears that saw bitcoins now infamous Bear Whale emerge. This is the slaying of Bitcoin's Bear Whale. Follow Me https ... This video is unavailable. Watch Queue Queue. Watch Queue Queue

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