All posts made by RUEHL in Bitcointalk.org's Wall Observer thread
1.
Post 6433072 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.41h):
BTC China @btcchina 7 Min. @Quiontron Hi, we are still accepting deposits from Bank of China. All withdrawals are not affected. Thanks.
Attn All: We have just received a formal notification !!! only one bank !!! from China Merchants Bank. We have stopped accepting customer deposits at this bank.
https://twitter.com/btcchina/status/460638991629307904
2.
Post 6442464 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.41h):
So where do you guys think are current support and resistance levels?
TA threads seem dead on this forum now
Support is around 420 Bitstamp. 400 is more of a psychological barrier with no support at all, we could test 300's in the event of some devastating news like another exchange closure or an account ban by Citibank or Chase.
weak upside resistance at 500, strong resistance at 600.
A good showing in Korea by the Winkevoss twins could make this explode.
3.
Post 6444170 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.41h):
Its the same guy with his 299 constantly moving bids thats pushing us up in the same way the March run to $700 was pushed up.
yea, this appears to be manipulation at its finest. suspect when chinese wake up in 2 hrs, something's going to give...
4.
Post 6448526 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.41h):
by the way, does anyone know the price that the Winklebros bought in at?
In this
CNBC video, they confirm they they started accumulating in the single digits.
In some other interview, I remember them saying "high single digits."
5.
Post 6460181 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.41h):
Isn't it ironic that the libertarian bitcoiners, champions of laissez-faire capitalism, are betting all their life savings on the hope that the Satoshi Bitcoin will be one day the only cryptocurrency in the market, so that they can charge monopoly prices for it?
we want to prevent aggression theft, and fraud.
who said anything about not wanting to get rich?
6.
Post 6474833 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.41h):
7.
Post 6495240 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.42h):
Dark Wallet released today, all money launderers, drug dealers, anarchists moving FIAT to BTC for dark wallet storage.
China in Labor Day holiday till the 3rd, no bad news till then!
Wall Street raising awareness thru Bloomburg quotes, somewhat legitimizes this currency.
Howling at moOOoon "arwwWWwwooo!"
8.
Post 6564302 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.42h):
9.
Post 6565675 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.42h):
BTC China
Dear users,
Due to regulations, we have suspended CNY deposits from Bank of China. For further enquiries, pls email:
support@btcchina.com 
https://twitter.com/btcchina/status/463494453882142720
10.
Post 6573511 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.43h):
BTC China, Huobi, Okcoin and two other exchanges are pulling out of the BTC Summit.
http://www.coindesk.com/five-chinese-exchange-ceos-pull-out-conference/"CEOs of five major Chinese bitcoin exchanges have withdrawn from this weekend’s Global Bitcoin Summit in Beijing, after banks forced most of them to close accounts related to bitcoin activity."
11.
Post 6575539 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.43h):
I saw that too. It seems pretty last minute and pretty bearish.
Yea, the BTC Summit is going to be a bust.
12.
Post 6592903 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.43h):
Prohibit the use of a number of banks bitcoin bank account transactionsAt 20:09 on May 7th, 2014 China Economic Net microblogging collection this article
China Economic Net Beijing May 7 hearing today, Shanghai Pudong Development Bank(9.66, -0.04, -0.41%) , Guangdong Development Bank [microblogging] , Agricultural Bank of China(2.38, -0.01, -0.42%) has issued "on the Prohibition of the Use my Bank account statement for Bitcoin transactions, "the statement have said that from now on, any organization or individual shall be opened in the bank account for bitcoins, currency and other transactions Wright recharge and withdrawals of funds, purchase and Sales recharge codes related transactions and other activities not related to the transfer of funds through its trading opened in the bank account. Once found, the bank is entitled to take account transactions related to the suspension, cancellation related accounts and other measures.
Prohibit the use of a number of banks bitcoin bank account transactions
Guangdong Development Bank, "a statement on the prohibition of the use of my bank account for Bitcoin transactions."
Prohibit the use of a number of banks bitcoin bank account transactions
Agricultural Bank of China, "a statement on the prohibition of the use of my bank account for Bitcoin transactions."
Prohibit the use of a number of banks bitcoin bank account transactions
Shanghai Pudong Development Bank, "a statement on the prohibition of the use of my bank account for Bitcoin transactions."
So far, the SPD, GF, ABC announced the ban to become another wave of large banks bitcoin. According to China Economic Net reporter, after China Construction Bank(3.94, 0.00, 0.00%) announced on April 30 at its official website, said the immediate effect may not use the CCB account for bitcoins, Wright currency and other trading funds recharge and withdrawals, purchases and sales of related transactions and other activities recharge codes, account shall be transferred by the CCB funds related transactions.
Before that, China Merchants Bank(9.86, -0.01, -0.10%) has announced that will not support Bitcoin transaction-related payments and money transfer services, while China Merchants Bank account transactions bitcoin site has also been crashed off. Notably, Paypal [microblogging] also means stop earlier announcement that provide related services for Bitcoin.
According to China Economic Net reporter, the central bank [microblogging] March had issued "on further prevent the risk of bitcoin notice" to restrict banks and third-party payment agency services in Bitcoin transactions. It is said that the central bank had interviewed more than 20 commercial banks and third-party payment agencies with Bitcoin transactions, requiring major commercial banks and payment institutions until May 10 to stop Bitcoin transaction services, cleaning up existing accounts and stop withdrawals function Bitcoin.
13.
Post 6596323 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.43h):
Anyone an idea about what triggered this mass buy?
I'm thinking panic buys by Chinese short sellers realizing that BTC ain't going sub-400 by May 10th deadline, they need to close out their exposure.
awwWRRrrwooo
14.
Post 6605061 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.43h):
Will the Use of Bitcoin Accelerate Now that Square Marketplace Accepts Bitcoin?"Recently, officials within the United States Treasury and Justice Departments have now recognized the virtual currency as legitimate and financially viable."
"a company called SnapCard has come up with a payment system where Bitcoins can be used to pay the IRS."
15.
Post 6634851 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.43h):
Bears covering before the margin cutoff on Chinese exchanges, May 10. No more speculative leverage trading that led to the bubble.
They finally realized, BTC is not going below 400 before tomorrow so time to buy back and close their positions.
16.
Post 6634960 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.43h):
Bears covering before the margin cutoff on Chinese exchanges, May 10. No more speculative leverage trading that led to the bubble.
They finally realized, BTC is not going below 400 before tomorrow so time to buy back and close their positions.
what about longs?
If there were more longs than shorts on margin, we'd be headed in the opposite direction going into the 10th.
17.
Post 6675649 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.44h):
Interesting newer member in BTC-e chat, indicates he is a Wall Street trader.
Of course, he can be some kid in his parent's basement but his
chat logs suggest he does have experience trading and education in business mathematics. Interesting things said like:
"if CFTC approves of an exchange entity to trade BTC on the like NYMEX or CBOT or any of the commodity trading houses you will see 100k-1,000k% rise weeks before the approval"
"imagine god hit you up and offered you some gold before he cast it onto the earth... now we have bitcoin and its like god is saying to us all who know today hey im about to make the new gold want in before I give it up to everyone"
18.
Post 6763672 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.45h):
huOOobii + biiTTtstammPpeedde =
19.
Post 6826091 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.45h):
Huge buying on
Huobi, 2770 to 2800 in a matter of minutes on monster volume. Somebody knows something...
20.
Post 6826892 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.45h):
We've had more volume on Huobi in the last hour than we've had in the last 3-4 days.
21.
Post 6827022 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.45h):
Did it died?!
Noon in China. They're out to lunch.
22.
Post 6827188 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.45h):
Appears related to this, per btc-e trollbox:
MarketQ PBOC to create a special banking unit for the funding of bitcoin exchanges
MarketQ China Exchange moving oversees
MarketQ Chinese offshore Yuan available for trading... if you were wondering why its rising, Chinese offshore Yuan available for trading, thats why.
23.
Post 6837695 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.45h):
Chinese asleep (or those without insomnia).
Wakeup time 5-6 hours.
Will we see Godzilla ?
24.
Post 6843883 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.45h):
I guess this might also be the reason why BTC-E is so much lower, and they have asks between 100-500BTC that get refilled quickly all the time since a week.
BTC-E for now might seem as the last safe place to cash out criminals money.
Also the reason why LTC hasn´t been pumped that much.
The reason is because the high fees to fund btc-e accounts. Payeer (btc-e payment processor) Visa/MC fees are $7.50 per hundred USD -- so $15 for two hundred, and so on... That's about 35 BTC basis points added per $100 USD purchased. Probably similar for other countries. It's fast though, MasterCard funds can be transferred into Payeer then btc-e in minutes. Bank transfers into btc-e kinda risky I hear and can take over a month.
Coinbase may quote couple dollars higher than Bitstamp, but it is way cheaper than btc-e.
25.
Post 6869445 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.46h):
Wow, woke up at $511. Saw HuoOOobii knew we were still going up. Bought more BTC. Now waaaayy in the green after just 15 minutes!
NOTE: Chinese at Huobi are NOT finished. All I see in China are buys!
26.
Post 6878596 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.46h):
Just noting for those that don't think China matters, volume during this runup on Huobi (one of 2 big Chinese exchanges) has been 4x that of Bitstamp (Westerner's largest exchange).
Both Huobi and OKCoin represent 60% of the global Bitcoin exchange market. Bitstamp is 7%.
27.
Post 6900501 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.46h):
Someone care to explain why BTC-E is nearly $20 behind bitstamp?
What is the cause of this?
BTC-e is more expensive to get money into. For each $100 added via Visa/MC payeer adds $7.50 cost. So for $500 that's $37.50 fee. So at current prices for BTC, for every $100 purchased, the payeer fee is like an additional 40 basis points extra
(530 + 40 = 570).
Edited to strike out bad math.
28.
Post 6926518 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.46h):
chooOOooo chHHoooOooo
29.
Post 6932358 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.46h):
It's not too late, in June the days of purchasing sub 600 will be all but a pipe dream.
http://www.cryptocoinsnews.com/news/bitcoin-set-overtake-paypal-2014/2014/05/25
30.
Post 6935020 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.47h):
Re the Willy report: Is this the moment in the animated cartoon when the guy is about to realize that he has stepped off the cliff and has been standing on thin air for a while?
I've read about the Willie account at least a couple months ago on
Reddit with the suspicious trading activity and potentially inflated prices.
Seems like old news taken from various sources, although well pieced together with pictures and charts.
With it being old news, market has already priced it in.
31.
Post 6952862 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.47h):
Seriously, if a SINGLE BOT can be the major reason for the bitcoin bubble in December then we need to make a TON of 'em and mass produce these guys!
32.
Post 6953323 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.47h):
bitcoin pump is stopped !
Why ?
Willy bot is broken ?
willy bot is uncovered ?
Willie Report came out early Sunday morning for United States.
Despite this, BTC soared late Sunday evening from 570 to 593.
We're in a mode where any news is good news.
33.
Post 7049276 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.48h):
Near the 630 resistance again, will we double top or blow though this wall...
China's Huobi at a 2 month peak.
34.
Post 7049309 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.48h):
Is it just me, or do others of you wish that you could see the volumes from Coinbase?
Coinbase isn't an exchange, they get their BTC from Bitstamp which is why the bid price is always higher.
35.
Post 7055059 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.48h):
There is no TA in the Bitcoin market. The prices are controlled by whales who pump and dump how and when they like. And also by the news. 2 things the traders can't control or predict. All they can do is run behind it and hope they get lucky.
And that's exactly what you see most traders here do.
TA in Bitcoin is more pure, moreso than Wall Street and stocks. Even with Willie and the Chinese trading bots, there is way more manipulation on Wall Street than in Bitcoin which makes it easier to read. If you use TA correctly, it's the study of human mentality, jubilation, capitulation and breaking points. This is a perfect example:
36.
Post 7056290 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.48h):
In the event of no good or bad press, based on the charts we're due for another pop over 630 approximately June 2-3.
37.
Post 7072661 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.49h):
c'mon guys, 600's is the new 400's. still long term cheap!!! don't miss the train!
38.
Post 7077215 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.49h):
Cryptopocalypse
39.
Post 7077406 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.49h):
(__!__) before
(__o__) after
40.
Post 7078686 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.49h):
Someone paying for beers? Beer me por favor.
1FzpMgR34pJbEqtiMEujRiidoL7PgGPaUH
41.
Post 7090820 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.49h):
Removed the marketing and resized the Up picture for future use (hopefully later today).
42.
Post 7096845 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.50h):
43.
Post 7097763 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.50h):
APPL + BTC = moOOOOon waaaAAallLLk
44.
Post 7115519 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.50h):
Is anyone else suspicious of BTC-E at the mo? There was some very peculiar looking trading going on there on the way down and no one needs reminding what happened the last time an exchange has a consistent price disparity.
What is also worries me is that BTC-e fails to add DRK. Just yesterday alone, at 3 million trades mintpal gained 9k alone in fees. Just doesn't make sense that BTC-e won't add new hot coins unless something odd is going on. DKR is even now on Bitfinex as their 3rd ever coin.
45.
Post 7120653 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.50h):
chOOooo ChhOOOoo
46.
Post 7137734 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.50h):
47.
Post 7218038 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.51h):
Lol
this is awesome
I love this quote - it can posses different meanings in one time
I believe when price of 1 btc will be so high - we will be able to pay everywhere via using
BTC and btw. Volume on one of the polish btc exchanges went skyrocket just a half hour ago..
I am curious what it will bring
pretty sure that price will ++ in next 2 hours.
I agree. I had the opportunity to buy BTC at $11 back in 2011 BUT I wasn't ready and didn't know the fundamentals why it's so great. I probably would've sold at the $18 or $30 peaks.
Years later I'm ready, I understand the fractional reserve system and how the central banks have their dirty hands in all recent major historical events. Now I understand it's a long term hold and with any hope, there will be no need to convert to FIAT.
48.
Post 7260246 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.52h):
More FUD.
Coinbase cancelled my last 2 orders, my first cancellations in over 30 trades.
Cited risk.
But they do get their BTC from Stamp. Maybe orders arn't being fulfilled?
49.
Post 7279380 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.52h):
Is Crypto done?
50.
Post 7334068 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_12.53h):
51.
Post 9681177 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.35h):
We will see a recover after the black friday.
Won't we?
Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...).
Retailers don't keep BTC, they dump to FIAT.
So essentially, when you spend BTC on items you are essentially dumping it on the open exchange.
52.
Post 9681348 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.35h):
Train on Bitfinex?
53.
Post 9681767 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.35h):
Nice price action on Bitfinex.
360
374
364
370 
54.
Post 9684264 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.36h):
Dayem... shoppers getting Bitfinex mixed up with Walmart on Black Friday.
55.
Post 9684369 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.36h):
NotLambchop: "I see green dildos."
56.
Post 9684917 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.36h):
After this huge runup, possible red dildos in the forecast.
57.
Post 9686112 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.36h):
The problem isn't blockchain.info, it's Phishing by rogue tor nodes.
A Tor user puts their credentials into these fake blockchain.info sites presented by a rogue Tor node, and then the hackers steal all your coins.
Is Bank of America to blame when people click links in phishing emails and type in their passwords to some dubious site?
58.
Post 9690501 (copy this link) (by RUEHL) (scraped on 2020-04-04_Sat_13.36h):
Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!
"Cheap Coins" is a relative term.
Coins are still expensive for any holders of Bitcoin pre-November 2013.
