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2241  Economy / Speculation / Sudden new largest bitcoin address as of 10/25 on: October 25, 2013, 02:31:54 PM
1FfmbHfnpaZjKFvyi1okTjJJusN455paPH

Has received 144,336.39429472 BTC today, with a starting balance of 0

What is this?

DPR?



2242  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 25, 2013, 02:25:23 PM
http://blockchain.info/sl/address/1CSBFoN2ANwqXeuQ9daVQYHXoXVfqEtzfa
This one is funny. Bought below 50, missed april's top, and now active again. Did I get it right?

What are you talking about?

Wow! WTF?

In the last 24 hours it has received ~BTC144,500 with ~446 BTC354 transactions?
2243  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 25, 2013, 04:31:23 AM
More chances to go to 202 than to hit 195....
I just hope it doesn't go below 190, otherwise panic will set in...
I think if we survive tonight in the 200's we will  have a quiet weekend and we will see 210-230 next week again and maybe an attempt at the record.

I already solved this dilemma the other day, it was a double top.


With a 5K wall at 175 and ~1K at each $5 interval, I don't see it going down too far.

BEARS ARE OUT OF COINS BUY BUY BUY!!!

? The bid depth is still atrocious, what are you talking about? Or are you trolling?
 

With the dump that took place less than 24 hours ago, and no money flowing into Gox, I'd say the bid depth isn't that bad.

I was more or less talking about how many coins the bears could possibly have, to make people think we are going to crash again, this time to 150, so soon.

Oh no, I definitely agree. It has rebuilt quickly and entirely. But its still bad. The $175 wall has resulted in bid sum rising about $750k USD from pre-'crash'.
2244  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 25, 2013, 04:13:21 AM
With a 5K wall at 175 and ~1K at each $5 interval, I don't see it going down too far.

BEARS ARE OUT OF COINS BUY BUY BUY!!!

? The bid depth is still atrocious, what are you talking about? Or are you trolling?

Looks like btcChina is about to lead us into another dive.

dive dive dive dive dive dive dive

I wonder how this will play out without bitstamp being operational?

My guess is it wont end up being a major drop, but if it is.. imagine all the people lined up trying to log on to bitstamp and panic sell.



What isn't operational about bitstamp? The website loads for me. Is just the engine down?
Sorry, you're right. Just good old bitcoinity being crap again.
2245  Economy / Speculation / Re: Mother of all Cups? on: October 25, 2013, 04:04:13 AM
Since going up within the next few days would still feel bubbly, I hope it either camps out around $200 or has a little mini-crash to shake out a few weaklings. I guess a crash would be slightly preferable? Either way, it's soon to go much higher.

Hm, this talk sounds familiar.

Oh yeah, it sounds like the first week of April.

And it sounds stangely familiar to the talk on April 10... something about shaking out the weak hands.

How did that work out again...?
2246  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 25, 2013, 04:01:30 AM
Looks like btcChina is about to lead us into another dive.

dive dive dive dive dive dive dive

I wonder how this will play out without bitstamp being operational?

My guess is it wont end up being a major drop, but if it is.. imagine all the people lined up trying to log on to bitstamp and panic sell.

2247  Economy / Speculation / Re: Another Correction (or an elogation of this one) is due to happen... on: October 25, 2013, 03:54:27 AM
China seems to be dipping, gox too.

Bitstamp still down.
2248  Economy / Speculation / Re: Does this remind anyone else of March 23rd? on: October 25, 2013, 03:51:40 AM
The day to remind today is June 24th.

English, please?

2249  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: October 25, 2013, 02:48:37 AM
Bitstamp down for last 3 hr?

Also the bid sum is impressive. About time it increases I suppose, though.

2250  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 06:06:09 AM
Here's the deal. If we do not crash to double digits within 24hrs, I will become Ultramegabulltron 3000. My irrational optimism will dwarf anything you have seen from Adam.

Oh wow!

Can't wait.

And no: we wont crash do double digits.

NONSENSE, my bids are at 88. I've not once placed an ask or bid without the price coming to that level at some point.



2251  Economy / Speculation / Re: That was an interesting 20 minutes on: October 24, 2013, 06:01:36 AM
If history repeats itself, the price should recover within 12 hours followed by a sudden, rapid rise.

Of course thats just nonsense and if it does repeat its coincidence.
2252  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:59:35 AM
Dont confuse irrational behavior as support.

In a market as speculative as bitcoin, both support and resistance are the result of purely irrational gut instincts.

Sure, all I mean is that someone selling down to prices that are clearly unwarranted is irrational, so do not confuse that as support. If bad news came out, then real supports are tested.
2253  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:55:11 AM
First of all, that wasn't 1 person and if it was they are idiots.

You dont dump 10-15k BTC at market all at once. You could spend a couple of hours at least doing smaller trades and save yourself $10,000s.

So unless someone wants to burn money they dont dump like that at market. Of course, I think there are probably some pretty stupid BTC owners.

This has always been the case, a few mid-sized big whales dumping and trying to cause panic to buy back lower. It was very successful with goxlag and ddos before. But with slim ask side,its having less effect. Although here,due to big run up,it did cause big distortion in price. Like i said it will be back up in no time as there is no ask filling in.

What a prophet, no one else saw that coming.

Of course its going back up, just like SR, and just like... eh, what was the other panic over? Oh yeah, debt ceiling.

10k of sells gets counteracted by a 100BTC buy, then people stop selling. Then the bidwalls pop up, and the price goes right back up. Same thing every time. Gox lag is a thing of the past. If someone wants to panic to re-buy, they need more coins than this. And thats why this is not manipulation but rather someone offloading, and others panicking because of low depth causing huge slippage.

Whether or not someone else sells later? Who knows.
Did Btc-China "crash" first or Gox?
Gox led 100%.

Look at your right, there is no ask filling in, it will slice back again in the 225 in a few hours. This is just an attempt to cause panic and buy back lower.

Sounds like nonsense. There has been no depth on either end for awhile. People panic.

Not everything is some manipulator.

crashing is the best way to really see how good support is, i see strong support. good chance we rally higher tomorrow.

i'm going to lol very hard if my bid is filled when i wake up tomorrow

Dont confuse irrational behavior as support.
2254  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:49:08 AM
First of all, that wasn't 1 person and if it was they are idiots.

You dont dump 10-15k BTC at market all at once. You could spend a couple of hours at least doing smaller trades and save yourself $10,000s.

So unless someone wants to burn money they dont dump like that at market. Of course, I think there are probably some pretty stupid BTC owners.

one person could be trying to ignite fear and cause more sell offs, only to buy back when the price is even lower...
That doesnt work in bitcoin. Look at the past 3 flashcrashes.

A few gain, most people just sit around break even or losses.

Look how quick bids fill in all of these times.

No one could be dumb enough to continuously try it. Its just "ALL NATURAL BOT-FREE, ORGANIC" panic.
2255  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:45:36 AM
Did Btc-China "crash" first or Gox?
Gox led 100%.

Look at your right, there is no ask filling in, it will slice back again in the 225 in a few hours. This is just an attempt to cause panic and buy back lower.

Sounds like nonsense. There has been no depth on either end for awhile. People panic.

Not everything is some manipulator.
2256  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:43:34 AM
Another dip below $200 incoming, or no?

It seems like flashcrashes just cant work without good 'ol goxlag.
2257  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:38:19 AM
bitstamp is wild right now, its bouncing between 179 to 195 within a matter of seconds, repeatedly.. wtf

You must be new... 
2258  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:36:27 AM
Well that was odd.. lmao.

2259  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:24:37 AM
This wont go low enough for me to buy back lmao.

Almost 10k sold though, pretty solid correction.
2260  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 24, 2013, 05:21:57 AM
oh fuck whats happening now

Hm, will 200 fall?
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