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1921  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 04:32:51 PM
1922  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 04:25:25 PM
What is this game you play, Mr. Whale?  Grin

Drawing pictures on blockchained.



BTC Charts admin posted this.

1923  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 04:21:55 PM
Whale Walls back in the low 260s again.

EDIT: And gone once more. What is this game you play, Mr. Whale?  Grin

On Tradingview it looks like the Whale could be attempting to create a new triangle. I've noticed this many times before over the years. Larger players seemingly attempting to create triangles. We will see if it turns into one.

Attempting this on Mtgox with in the past may have worked. I do not expect such a tactic to work with today's trading options.

Edit: In order to effect trading momentum and confidence they would need to have control of the majority of volume over several exchanges.
1924  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 02:52:45 PM

1925  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 01:45:17 PM
Some coins have come out of storage, that'll keep the rally to a good slow pace hopefully.

https://blockchain.info/charts/bitcoin-days-destroyed

I've seen 2 transactions >8k btc each about half an hour ago. Where will they go?

Perhaps the urge to indulge was to much to resist.
1926  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 01:34:25 PM
1927  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 01:25:12 PM

1928  Bitcoin / Hardware / Re: KnCMiner Jupiter Miner First Impressions on: November 06, 2013, 01:15:07 PM
overclock tips?

thanks

I think 140GH/s per chip is the maximum, so not much room for overclock.

I'm getting 144GH/s per chip without overclock.

Stability is also important.

Thus far firmware v0.9.8 has been stable.

1929  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 12:54:16 PM
1930  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 12:16:59 PM
$300 by the end of the week !

Yes that may be optimistic. Yet what is realistic is the increasing demand for new adopters/investors to own bitcoin.
1931  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 12:15:46 PM

1932  Other / Archival / Re: Pictures of your mining rigs! on: November 06, 2013, 06:42:54 AM
Shocked. Fun stuff. is all that stuff ac cooled or just natural air cooled? Also how about a brighter picture?

Ventilation fan is used to cool that location by venting heat out of the room and bring cooler filtered air in.
1933  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 06:34:10 AM
10k wall @ 273 appeared
I imagine phone calls being made to see who wants to purchase a large chunk of coins
The question is, how long will that stall the asking price of BTC in China.
1934  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 06:31:08 AM
1935  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 06:24:28 AM
10k to 300 and then the exchange is pretty bare.  Eager buyers may send this stratospheric

With the increase network difficulty today. The amount of BTC being generated will put further strain on BTC supply.

really?  700 some posts and you really think this?

One thing to remember, since Bitcoin is a deflationary currency, and 4TH at Edit:present difficulty will net you an average of 3.8BTC every 24 hours on a PPS pool.

We know that the true value of BTC is in the hands of the people. Some tend to hoard it.

In time less and less BTC will be in circulation making the perceived value increase.

Day traders may be the exception, and some who have been sitting with a pile of BTC may wish to take profits and liquidate some on the exchanges.

Bitcoin may be seen as undervalued from the perspective of those who are of the opinion that directly purchasing BTC as a means of investment is a far safer alternative then wrestling with the unknown future difficulty increases and BTC return on ASIC hardware purchases.

1936  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 06:05:07 AM
Nice to see a coordinated attempt short btc on all exchanges at the same time. Smiley

Seems like the free market has different plans.


1937  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 05:54:58 AM
10k to 300 and then the exchange is pretty bare.  Eager buyers may send this stratospheric

With the increase network difficulty today. The amount of BTC being generated will put further strain on BTC supply.
1938  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 05:53:17 AM
1939  Other / Archival / Re: Pictures of your mining rigs! on: November 06, 2013, 05:20:25 AM
Just wanted to share an image with a variety of ASIC hardware

"Test Site 5"


Nice setup. Do you have free power?  Wink

Sorry for the delayed response.

No free power here. Total power draw is 63amp at 120v
1940  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 04:54:21 AM
All aboard the Bitcoin rocket to mars.

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