All posts made by rezurect007 in Bitcointalk.org's Wall Observer thread
1.
Post 26845643 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.35h):
A tiny flat top on the bitfinix 1h chart...

tiny fake wall @14k

first red on 6h.
RSI overbought.
Small dip incoming.
2.
Post 26884778 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.35h):
A tiny flat top on the bitfinix 1h chart...

tiny fake wall @14k

first red on 6h.
RSI overbought.
Small dip incoming.
Called that dip correctly.
15k to 11.6k.

3.
Post 26889947 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.35h):
A tiny flat top on the bitfinix 1h chart...

tiny fake wall @14k

first red on 6h.
RSI overbought.
Small dip incoming.
Called that dip correctly.
15k to 11.6k.

Fake wall @12.5k
Expecting a retest of 10700

4.
Post 26898624 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.35h):
A tiny flat top on the bitfinix 1h chart...

tiny fake wall @14k

first red on 6h.
RSI overbought.
Small dip incoming.
Called that dip correctly.
15k to 11.6k.

Fake wall @12.5k
Expecting a retest of 10700

1500 BTC fake wall @ 11k
I believe we will go down to retest 10700 in the short term

5.
Post 27242221 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.36h):
Block #501853
A new one, but the "unknown" miner only sacrifices only the Tx fee this time.
Number Of Transactions = 1
Transaction Fees 0 BTC
https://blockchain.info/block-height/501853Viable attack to use when the blockchain is already backlogged with txs?
Somebody needs to start working on a fix.
Hoping it isn't a viable attack in the long term.
Cant keep sacrificing 12.5 BTC unless there is a bigger end game. But can keep sacrificing fees for keeping the mining fee higher for longer.
Have a bad feeling about this. Mostly the timing. Already a bit too down on price and might end up testing long term support levels .Hope its nothing.

6.
Post 28271282 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.38h):
A tiny flat top on the bitfinix 1h chart...

tiny fake wall @14k

first red on 6h.
RSI overbought.
Small dip incoming.
Called that dip correctly.
15k to 11.6k.

Fake wall @12.5k
Expecting a retest of 10700

1500 BTC fake wall @ 11k
I believe we will go down to retest 10700 in the short term

Took 3 weeks to test 10900, close enough i guess.
Next stop 9k.. Its going to be slow and painful.
HODL.Perma bull.
7.
Post 28416747 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Fake 1000 BTC sell wall @ 12k on bitfininx.
RSI overbought on the hourly.
High enough volume
Completely clueless where this is going.
Hope that was that bottom.

8.
Post 28623342 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Low volume movement ..
Looks like we are going to test that 11k double bottom on the hourly..

9.
Post 28632023 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Does anybody know a mempool visualizer which can show thebelow:


10.
Post 28637670 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Thanks much @Last of the V8s
11.
Post 28638591 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
A tiny flat top on the bitfinix 1h chart...

tiny fake wall @14k

first red on 6h.
RSI overbought.
Small dip incoming.
Called that dip correctly.
15k to 11.6k.

Fake wall @12.5k
Expecting a retest of 10700

1500 BTC fake wall @ 11k
I believe we will go down to retest 10700 in the short term

Took 3 weeks to test 10900, close enough i guess.
Next stop 9k.. Its going to be slow and painful.
HODL.Perma bull.
Current Price 11.1k
Im calling: ~8700 within this week
Set buy from 9.5k till 8.5k.

12.
Post 28660226 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
The move from 11.1 to 11.6 was on very low decreasing volume..
Bearish.

13.
Post 28698903 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
A tiny flat top on the bitfinix 1h chart...

tiny fake wall @14k

first red on 6h.
RSI overbought.
Small dip incoming.
Called that dip correctly.
15k to 11.6k.

Fake wall @12.5k
Expecting a retest of 10700

1500 BTC fake wall @ 11k
I believe we will go down to retest 10700 in the short term

Took 3 weeks to test 10900, close enough i guess.
Next stop 9k.. Its going to be slow and painful.
HODL.Perma bull.
Current Price 11.1k
Im calling: ~8700 within this week
Set buy from 9.5k till 8.5k.

600 BTC buy wall.
Target: 8700

14.
Post 28699762 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Does anybody remember chartbuddy..?
used to post walls from mtgox on a timer.
Would serve as a reminder to keep the conversation on topic..
15.
Post 28767110 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Is the current rise due to the double bottom?

16.
Post 28767556 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Is the current rise due to the double bottom?
You said double bottom

lol..
17.
Post 28767810 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Is the current rise due to the double bottom?
You said double bottom

lol..
I mean the Bitfinex Spoofer.
Caution.
18.
Post 28768298 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Offtopic:
https://bitcointalk.org/index.php?topic=2559585I really miss my original account. ^^^
Somehow the guy managed to change the email address, the reset emails don't come to me..
I do have an post on the forum where BTC was transferred to my wallet. But it was an exchange wallet. No private keys to prove ownership. I gave up trying to get it back.
19.
Post 28769518 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
Thanks much @Last of the V8s
Mempool has been having a good run lately.
https://dedi.jochen-hoenicke.de/queue/#2w
20.
Post 28775914 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.39h):
21.
Post 28796011 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Good job Boblawblaw !!!... It went under 10.500$ ... I hope your order got filled 100% !!!

No siree. Will leave my order @ $12.5k in place and see what happens over the next 48 hours.
Depends on the exchange i guess 12.0 on CEX maybe.
22.
Post 28839480 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Short Term Trend
Target:~8.5k
Even the upcoming short squeeze can stay within this trend.~15k
23.
Post 28912375 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
24.
Post 28914826 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Thanks, contrarian indicator confirmed. Please tell all your buddies to short with max leverage.

The chart title does not reflect the intention. It's not a for a short.
Its 8.5k not 8-5k as in the url:
I understand we might form support here and lift off.
Im holding since 9k.
Have buy orders all the way down, in case it heads that direction.
I do have very few 500$ coins from 2013. My original a/c in my sig. was hacked.
25.
Post 29013844 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
This is clearly a scam - zero commission? Yeah right. I guarantee you that they will front-run your order.
They are only doing BTC and ETH atm. With the size of the average Robinhood account being under $1000, I don’t think front running will do much good.
I don’t use Robinhood but I get the impression they are more reputable than Coinbase.
Ive been following them for quite some time. Cut out the storefronts reduce overhead , their tech driven to keep commissions zero.
Helps people with lower income get into trading.
Reputable than coinbase i guess.
26.
Post 29014909 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Mempool : Hope they don't keep this up.
Corellation with upcoming volatility?

27.
Post 29018582 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Does anybody know a good Bid/ask sum&spread comparison charts?
Bitcoinity seems too coarse
28.
Post 29019515 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):

Kind of looks like market right now.
<8k & 12-14 k & >18k all at the same sentiment.
29.
Post 29045096 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
https://medium.com/@bitfinexed/bitfinex-fails-to-perform-promised-audits-instead-they-have-a-shareholder-tell-everyone-its-all-965ae7037b5dhttps://twitter.com/tetherprinterThis is bad.. I was really hoping they'd let an audit happen to prove their books were good.
As each day passes i really think they cooked their books using Tether.
Rather than mandating KYC maybe the govt should mandate audits on the exchanges.
30.
Post 29105378 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Its not about bitfinex, its about tether. Count the number of exchanges with real! USD support - Coinbase, Bitstamp, Gemini and Kraken - thats it.
Now imagine "the market" realizes that there are 2.2Billion worthless "USD" in the system, which where used to pump up the price from 1k$ to 20k$.
Somebody will be the bagholder for those 2.2Billion.
Even in the worst case scenario, where bitfinex was printing money out of thin air and giving this vapor tokens to btc sellers, bitfinex still has the btc - which obviously cost more right now.
I mean if you sold btc at 2000$ for 2000 USDT "bitfinex-vapor-tokens", bitfinex still has these btc and it has given them 6x in profits @12k.
Same for those selling at 3000, 4000, 5000, 7000, 9000, etc - always giving bitfinex serious profits, while people were exchanging their btcs for vapor-tokens, and these BTC now can cover multiple times the USDT balance. Right?
Basically an audit would prove the current solvency in the above case, but would also prove the vapour token theory, not very helpful.. loss of trust.
I believe this is the reason the audit hasn't happened.
31.
Post 29256353 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
I was blown away yesterday when I opened my Electrum wallet and wanted to send BTC to some family members as part of a Chiristmas gift. The idea was to send my $100 dollar gifts with low fees so that I would not be giving much of my gifting to the miners. To my surprise the lowest calculated fee on the wallet was equivalent to 191 sat/b while the mempool was chugging away at 20-30 sat/b. So I clicked the manual fees option and sent the transaction at 40 sat/b. Today (a few hours later) I went back to my wallet and clicked automatic (dynamic) fee calculation and the calculated fees had dropped to a correct levels like 5 to 50 sat/b. Then I took a look at the Bitcoin fees page
https://bitcoinfees.earn.com/ and realized that still many people are sending transactions with huge fees while others have scaled fees somewhat appropriately.
I am shocked at the variability of how much money the miners are charging for processing the transactions. My transactions are small so typically 226 bytes is a good average size, today I can send transactions for 10 sat/b or 226sat x 10sat/byte / 100000000 = 0.0000226 BTC ($0.24) and there are people who are still paying 300 sat/byte or 30 times more 0.0000226 * 300/10 = 0.000678 BTC or ($7.48). And then you can see on the fees transaction page (
https://bitcoinfees.earn.com/ ) that the bulk of the transactions are centered around 191 to 200 sat/byte; and that is the shocking part. This means that most of the wallets used are still stuck around the 191 to 200 sat/byte and not adjusting the fees dynamically like I noticed yesterday.
My conclusion: The miners have influenced the wallet generators to keep transactions very expensive so they can profit more. Electrum wallet fees will remain very high unless you switch to manual fees and send some cheap transactions, then the automatic fee calculation will kick in when you go back from manual to automatic fee calculation. This change in automatic fee calculation did not happen immediately so be careful if you want to send some cheap transactions that the fees are adjusted properly and probably better to configure the fees manually.
I am on the belief that the spammers have finally realized that it is not to their advantage to keep spamming the mempool and hurting Bitcoins ability to send money cheap! It will be very interesting to see what the future holds for Bitcoins when lightning fast transactions and smart contracts are activated on the network.
eidt: Also noticed that the fee transaction page still says:
"Which fee should I use?
The fastest and cheapest transaction fee is currently 170 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 38,420 satoshis."
False information again to benefit the miners!!!!
My BS speculation skills at work:
Why the spike at the end? Doesn't look like spam? OR maybe it is.
Too chaep TX fee for miners, smaller scale SPAM?
Or People woke up and suddenly felt the urge to move coins? Crash anticipation?
Realistic:
I do agree that the wallets don't seem to be helping the TX fee cause.
Higher TX fee >> faster TX confirmation>> Lesser TX wait times>> Happier Wallet end-users.
I believe Wallets have a built in bias towards higher fee.

32.
Post 29256588 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Could anybody please help me find a decent ASK/BID SUM visualizer for STAMP/GDAX/BFX in like chart timelines overlay or any?
33.
Post 29257116 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off.
Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013.
Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k.
True that the FUD news are starting to fade away.
I see more and more bullish articles on google news : samsung starting to create ASIC hardware, lightning network newcomers (just look at google trend
https://trends.google.com/trends/explore?q=lightning%20network ), the guy who was robbed and forced to give his bitcoins (feel sorry for him but maybe the average dude will see this and think "oh so that bitcoin thing is actually valuable"), etc...
I don't see why the price would continue to drop.
Plus, mluc called bottom at 9k max and then an increase to 40k-110k by the end of 2018 so, hey. Hodl.
lol.
Where on earth does Masterluc grace his predictions?
34.
Post 29258151 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
35.
Post 29258260 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
This is reminding me of the $800 phase in early 2014. I'd prefer a violent plunge to rip everyone's baby blue panties to shreds and then we can get down to business.
I think we've pretty much hit the bottom. For those who bought at 18k, expecting to get rich quick, a drop to 9k is more than enough shock to shake those people off.
Transaction costs are also no longer an issue, and speed is up. FUD is down too, since South Korea just added some regulations. We just had over 50% correction. A larger correction makes no sense since the run-up was nowhere near as sudden as back in 2013.
Just scooped up some more BTCs near 10k. Have a bit left in reserve to buy if it drops to ~8k.
True that the FUD news are starting to fade away.I see more and more bullish articles on google news : samsung starting to create ASIC hardware, lightning network newcomers (just look at google trend
https://trends.google.com/trends/explore?q=lightning%20network ), the guy who was robbed and forced to give his bitcoins (feel sorry for him but maybe the average dude will see this and think "oh so that bitcoin thing is actually valuable"), etc...
I don't see why the price would continue to drop.
Plus, mluc called bottom at 9k max and then an increase to 40k-110k by the end of 2018 so, hey. Hodl.
What about all the Tether fud?? And why no response of any kind from Tether? even a bullshit response like we have hired new auditors etc
EDIT: Havnt read it yet but --
https://tether.to/wp-content/uploads/2017/09/Final-Tether-Consulting-Report-9-15-17_Redacted.pdfBecause this is the sort of bullshit conspiracy put together by people who can't get their head around what the consequences of leveraged shorting of BTC on bitfinex would be on tether.
Think about it a bit, now what's been happening over the last few weeks do you think? Bear in mind anyone with a USD balance on bitfinex actually has a tether balance, so if they make profits via leveraged trades they create tether.
https://medium.com/@espano/why-tethers-latest-statement-about-its-auditor-is-complete-bs-42f41e9ade9d"A shortlist of crypto-related companies that have undergone or facilitate the performance of a financial statement audit:
QuadrigaCX, a publicly-traded Canadian cryptocurrency exchange, has had quarterly and annual audits for a couple of yearsNew York’s BitLicense regulations require annual financial statement audits, which means all 3 licensed companies have also been audited (or at least still have relationships with auditors, or their licenses would be revoked)"
36.
Post 29258575 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):

I know how that feels.
It's possible to get it back if you have posted a BTC address in a post for which you hold the private key.
Unfortunately i didn't.
Ownership can be proved by signing.

Look like the same 3 drives i had posted:
https://www.tradingview.com/chart/BTCUSD/LdOQGk60-Short-Term-Downtrend-3-Drives-PAttern-Target-8-5k-within-Feb/Long after the 3rd drive - Bullish pattern
37.
Post 29259399 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
38.
Post 29261737 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
1000 BTC wall @9500

39.
Post 29263091 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Seems like he's learning as he reads.
Doesn't have clue who Bitfinix'ed is.
Who is he?
40.
Post 29266019 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
Hope that was it.
41.
Post 29266551 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
I hope someone of you got a few buy orders filled.
can confirm

yup. a few orders got filled..
42.
Post 29271903 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.40h):
I'm thinking of running a LN node on google Compute engine.
f1 micro. Have to pay for the storage only i guess, 70$ a year might have to keep adding storage every year
Unless i missed something really obvious??
43.
Post 29328787 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
bought small amounts the way down. HODL
Low on fiat now.
44.
Post 29334749 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
TMSC produces and supplies Bitmains chip.
Samsungs foundry is making it for a customer, not entering directly:
"TechCrunch: “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our
customers.”
45.
Post 29376930 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
2000 BTC wall @9500

Moving Wall Tracker: 2000BTC @ $9300

46.
Post 29382612 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
2000 BTC Wall splits:
1000@9300
1000@8500 - Appears and disappears repeatedly
https://i.imgur.com/zoMnrF0.png
47.
Post 29384065 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Wall is pulled completely:

Note: Walls keeps popping up and disappearing
48.
Post 29386270 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Wall is pulled completely:

Note: Walls keeps popping up and disappearing
1000
BTC Wall retreats to 9200

49.
Post 29389010 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
ETH still the best during the storm

The best scam where Goldman Sachs bought most of the premine and constantly try to pump it to fleece the goyim. You either got physical commodity money (silver or gold), or you got IOUs and scams.
rptilelia???
50.
Post 29394788 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
51.
Post 29395652 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
1000 BTC Wall retreats to $9000

52.
Post 29414056 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Im in. Caught the bottom. Was expecting 8.5, 8.9 is good enough for me.HODL MODE.
Shorts being covered on finix.
I believe BTC is behaving like forex markets. This bottoming is not due to Bitfinex being cleared of wrongdoing.
Weak hands control how low it goes, depending how many there are.
53.
Post 29419348 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Im out.
5550
54.
Post 29422338 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Im out.
5550
Example of "weak hand"?
Yeah kind of..
Have a very small stash.
Sold the trading stash. Don't have the balls i guess.
Im expecting a bounce at the current level.Just gave up on it.A small rally once the selling pressure subsides.
Opted to put in buys the way down. Hoping atleast the 7500 fills.
Bounce @8900
Bounce @7500
Bounce @5500
55.
Post 29429666 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Im out.
5550
Example of "weak hand"?
Yeah kind of..
Have a very small stash.
Sold the trading stash. Don't have the balls i guess.
Im expecting a bounce at the current level.Just gave up on it.A small rally once the selling pressure subsides.
Opted to put in buys the way down. Hoping atleast the 7500 fills.
Bounce @8900
Bounce @7500
Bounce @5500
I don't mean to be calling you names, but it just does not seem to be a good strategy to play like that - which I mean is selling at about 55% retracement.. and the practice should not be different whether you are holding a lot or holding a little, and probably the most convincing mistake is that either you had not sold enough earlier or you had invested too much (even if it is a small amount)... but yeah, it is understandable that each of us have to do what ends up being comfortable for us... and hopefully learn how to improve our methods so we don't do the opposite of what would be a better practice (buying on the way down - or worse case scenario, just HODLing)
I agree
56.
Post 29438997 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Dat candle,the volume ..

57.
Post 29440158 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
And the most ridiculous part of the last few days ? If you own the allegedly manipulated scamcoin tether then you've outperformed everything else. Rational markets eh.....
In theory tether is pegged very close to the dollar. It has been flat the last year while most coins are still up 300-1000%
Quite, but isn't the whole point of this latest round of FUD that Tether is an unbacked scam and therefore not really worth $1 or tethered at all. If the price is stable close to $1 then maybe it's not a scam and all this is just made up shite and not even FUD
All the fuckheads have to do is release a letter from the bank confirming the balance. No audit required - we can all count the number of Tether outstanding. It’s a 5 minute job.
My 2 cents:
I believe the market will bottom out even before Tether proves their USD liquidity.
I don't think this sell off has much to do with Tether other than the timing of the Bloomberg news.
The market moves wherever liquidity is.
All the price movements can be timed by good TA guy.
Psychology is what drives us to associate FUD with the pricedrop.
FUD/news might help with the timing of the pricing movements.
I could be absolutely wrong.
58.
Post 29445935 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
“Following the ad ban by Facebook, China banned advertising cryptocurrencies as well. Japan has forced local exchanges to warn about risks of cryptocurrency trading. While India announced the toughening of the regulation of the cryptocurrency market. Bitcoin can rebound, but on the upside investors will sell it in the short term,”
https://www.rt.com/business/417677-cryptocurrency-market-fall-india/The Indian govt usually procrastinates policy as much as possible. Bureaucrats need time to figure out policy.
Zebpay, Unocoin ,Coinsecure and Koinex are india largest exchanges : I don't think their combined volume accounts for much.
There was no new regulation announced as such.
The actual news was "its not legal tender", cant use it as currency in india. But people allowed to trade it as an asset. And pay taxes on it.
All the exchanges continue to operate legally.
They announced they would look into integrating blockchain innovations.Some states seem to have tenders for integration IT projects. That is bullish in the long term.
https://www.coindesk.com/government-think-tank-to-trial-blockchain-verification-in-india/https://inc42.com/buzz/blockchain-andhra-pradesh-covalent-fund/https://www.cnbc.com/2017/10/10/this-indian-state-wants-to-use-blockchain-to-fight-land-ownership-fraud.htmlhttps://www.ethnews.com/maharashtra-state-of-india-to-secure-government-data-on-blockchain
59.
Post 29448882 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):

ETH held out for some time. And took a deeper dive.
60.
Post 29449102 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):

Running out of alt-coin names i guess.
Scamcoin would be a nice name.
61.
Post 29473940 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
looks at the mempool

What should I see in the mempool?
the unconfirmed transaction number is rising again!
Ive noticed spikes before volatility..
Coins moving around wallets..
or im making stuff up

62.
Post 29474334 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
down we go.
Word to the wise and caution for thew new ones.
The crypto market can be easily controlled by special interest groups using techniques such as conclusion, misinformation, and insider trading that would net them some jail time in the traditional stock or currency markets.
For the last 48 hours it's obvious how both ETH and LTC are slowly being devalued against BTC via the introduction of BCH trading pairs between BCH/LTC BCH/ETH BCH/DASH BCH/ZEC.
Coins such as EOS that only have BTC and ETH as trading pairs have remained untouched and have gained in BTC valuation.
It works with those fud charts that become a self fulfilling proficiency with just a little help from old market manipulator... Wink wink nudge nudge know what I mean?
Remember oldschool and new day traders regulation that has helped the "traditional" market manipulation is not present in the crypto currency exchanges.
Perhaps on Feb 6th we will know more on how steps will be
enforced adopted into this market.
Market manipulation to devalue XYZ crypto coins in favor of abc coins leave behind clues that may get such participants in trouble in the forthcoming months.
Dint notice that at all.
Glued to price action.
Gaving you all my merit. For noticing that..(Unfortunately had only 1,lol)
63.
Post 29475426 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
Dint notice that at all.
Glued to price action.
Gaving you all my merit. For noticing that..(Unfortunately had only 1,lol)
It is not the first time. In fact its almost clockwork during this time of year. First time I noticed was back when LTC gpu mining was a thing and dodge fun coin was created.
Guessing the BCH guys see them as sources of market cap
64.
Post 29477958 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.41h):
So where is this bounce you guys been talking about ?
7960 to 9100 - That's all you get realistically.
May bounce again but have to go below 7960.
65.
Post 29677824 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
Now it's just pushing it.
Any time the price will reverse and everybody gonna start buying
Here it comes...
not strong enough yet.
My theory:
The seller aka Market Maker is done for the day 20:00 UTC.
This guy is definitely a Pro, working hours on UTC, (London) and Weekdays mostly
The selling pressure turned off at 20:00 UTC hence the green.
Cautious.
Need to see what he does tomorrow.
66.
Post 29677925 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
This is how Nocoiner Worldwide panic looks like.

67.
Post 29678843 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
It's happening! The bottom is in! (maybe)
As a seasoned and professional power-top, I would council caution at this juncture. Possibly use the safe-word. (maybe)
Food for thought.Cautious.

68.
Post 29679651 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
Mempool cleaned up nicely.

69.
Post 29679922 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
70.
Post 29681526 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
71.
Post 29682497 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
Mempool cleaned up nicely.

and yet, electrum still suggesting 100+ satoshi fee

72.
Post 29698013 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):
cex.io is down.
73.
Post 29736690 (copy this link) (by rezurect007) (scraped on 2020-04-04_Sat_15.42h):