All posts made by xuemike in Bitcointalk.org's Wall Observer thread



1. Post 3286959 (copy this link) (by xuemike) (scraped on 2020-04-04_Sat_11.16h):

Quote from: bobdude17 on October 02, 2013, 06:05:40 PM
Finally some fight back

This is what I think is happening.

As people are finding out about the news, they are frantically trying to move money to an exchange and settle for USD, in hopes of buying back, but the money is currently stuck on confirmations.  Mt. Gox got me at 6 confirmations.  I think a lot of the transactions are stuck in limbo right now.  Once a confirmation happens you see that drop in price because people want to sell.



2. Post 3287079 (copy this link) (by xuemike) (scraped on 2020-04-04_Sat_11.16h):

there have been some monster btc account movements.  in the millions stuck in the 6 confirmation stage, I suspect these are people that are moving money to an exchange to sell or at least have the option to sell.



3. Post 3630926 (copy this link) (by xuemike) (scraped on 2020-04-04_Sat_11.25h):

People are buying with impunity after that hearing. this is ridiculous.



4. Post 3854162 (copy this link) (by xuemike) (scraped on 2020-04-04_Sat_11.33h):

Looks like a bug on the database end where it's stuck in a loop where the last transaction is contantly getting rolled back and transactions are being done all over again.