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2761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2013, 07:54:10 AM
Someone trying to crash btc-e? look at btc orders
2762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2013, 07:46:47 AM
Wow BTC-e is just 6$ from stamp  Shocked what's going on with that? People stopped buying altcoins? Or started to trust btc-e more? Or it's just a bitcoin world where nothing makes sense
2763  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2013, 07:16:44 AM
I can see it being useful if someone wants to play with altcoins but i wouldn't hold much money in there. When btc-e will go down it wont be pretty
2764  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2013, 07:32:03 AM
All right.  I'll accept that as pumping me up.  Somewhat.

I've just about blinded myself looking at the charts.  I'm starting to see wedges and waves when I close my eyes.  So, I'll just wait for consensus.

This is how bad it's gotten for me. I don't even know what I'm drawing.


Is it... a dragon??? It's a dragon spitting fire isn't it?
2765  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2013, 11:40:55 PM
Now some Very Bad News for the Bulls:

Why would this be bad news in any situation? Was the SR shutdown bad news for bulls? We all know the answer.

By the way, we are about to go up (for some other reasons), just watch Wink


In the SR  episode the bitcoins were safe , the FBI won't sell them for a few years until the trial ends.
In the sheep case , we have one fugitive trying to run with money , and the scenario he might try to dump them .

He will have to lie low - any fiat that turns up in large quantities will be noticed...

It's not like he needs to sell all of them at once - 1% will fund hiding away for a year - assuming he hasn't already got some money to keep him for a while.

He's only at risk when he shows up with fiat or large coin movements....

We have a guy , previously running a drug market , running away with 90 Millions , trying to make them vanishing but seeing his efforts nuked , with people threatening him (and not normal people) with a media fuss around. Do you think he can keep calm and act by the book ?

He calmly stripped the accounts over DAYS and left fake balances in them so no one would notice until he took the lot.

Pretty well-planned - he must have thought through an exit route - at least a personal one.  And he still controls the wallet... for now....

Yeah but the fact that he tried to tumble 96k and then put it together back in one wallet doesn't give him much hope. How many wallets with 90k+ balance do you think there are
2766  Economy / Speculation / Re: Taking a loan to buy bitcoin on: December 03, 2013, 06:36:15 PM
Don't just assume that BTC will go to the moon and which Ferrari you'll buy first. Play out BTC crashing 50% and bank calling your loan scenario. Will you loose your collateral? Your house, your car, your credit history? Will you get a second job to try and salvage what you can? Or you can always double down and dig deeper into the hole. Borrow from another bank at even higher % to pay the first one. Borrow from your friends/family? Work the corner or try to sell your drugs? Sorry to be a downer but there's a reason why no sane financial adviser would recommend taking a loan to finance an investment that you have no control over.  But ignore all that and let's just concentrate on Ferraris Lambos and those huge mansions 
2767  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2013, 05:35:42 PM
I'm not sure this has been posted - I tried a search and didn't find it. Some comments on facebook are saying this is fake....

Anyone have access to the full article?

http://online.barrons.com/article/SB50001424053111903302604579234163250372446.html?mod=BOL_da_is
Full report here - http://www.scribd.com/doc/188644617/Bitcoin-Intrinsic-Value-Wedbush-Report-December-2013
Also an article about it - http://www.streetinsider.com/Analyst+Comments/Bitcoin+Could+Be+Worth+10-100x+Current+Price+-+Analyst/8936836.html

Wedbush wiki page - http://en.wikipedia.org/wiki/Wedbush_Securities


This looks huge from my perspective.
I remember a similar report 1-2 months ago, I hope this kind of thing becomes the norm.

First sentence from streetinsider "After reaching an all-time high of $1242 last week, bitcoin is feeling gravity today and the virtual currency is trading down 7.8% to $998." Umm i'm not a mathematician but those numbers don't add up
2768  Economy / Speculation / Re: Taking a loan to buy bitcoin on: December 03, 2013, 04:44:11 AM
Haven't heard of a dumber idea.  Hey if you gonna ignore the "Don't bet something you can't afford to loose" advice might as well go all the way and bet with something you don't even have
2769  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2013, 01:21:22 AM
i thought it was a worthless coin and wanted to maybe double my btc. i got right after the start when the hype went away and everyone forgot. just got so much cuz i was making profit day trading.


was starting to do that with xpm then got too busy. more or less no ppc now but i still hold most of my xpm (and its only like 3,000 xpm)

What year did you buy the ppcoin? I'm trying to figure out why someone as wealthy in btc and ltc as you would spend their time trading ultra cheap alt coins.

Silly question. No idea if goat is wealthy at all, but i'm assuming diversification, and if he did get wealthy jumping on a coin in the initial stages (BTC LTC) the question would be why NOT do it on other alt coins?
2770  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 07:44:49 AM
Now why would someone in China decide to drop so much BTC on sunday is another question

To make money off of the poor trading decisions made by others.

Doesn't make much sense to me. If that person tried to manipulate the market i think he lost out. Plus why would a whale even try to manipulate BTC at this point when it's so much easier and much higher chance of success of doing that with LTC? There's enough volume to discourage manipulation of BTC now think we already observed few "wales" getting their ass smacked trying to do something similar.
2771  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 07:34:37 AM
i smell crash


They tried to crash it, but a 6% drop is a Big Fail.
Now many will panic buy at a loss. Goxbux is worthless.

Gox clearly followed BTCChina on this one, think it's clear that it wasn't someone at Gox trying to manipulate anything. Now why would someone in China decide to drop so much BTC on sunday is another question
2772  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 07:26:22 AM
I sold all my Bitcoins couple of hours ago! This is The Great Crash!

How do you have any left over from two weeks ago?

I bought everything back.

NM unless you bought back in within 30 seconds of typing this up you lost $$$
2773  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 06:42:44 AM
The drop is over.



LOL statisticly you guys should be 50%/50% on your call how do you manage predict less than 50% correctly is beyond me  Tongue
2774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2013, 04:18:53 AM
Any clue what's going on over there at BTCChina? can't be just lag on Sunday
2775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2013, 09:07:08 PM
Someone running away from LTC to safe heaven?
2776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2013, 09:01:50 PM
Weeeeeee choo choo ?
2777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2013, 03:33:59 PM

My forecast... channel breakdown suggests a correction back to around 1090. Then probably sideways for a few days. Charts need to be a lot more flexible, anyone have better chart space let me know!



There was one that i liked a week back showing that we were entering a pterodactyl pattern
2778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2013, 07:22:31 AM
It's almost humorous to hear long-term Bitcoiners using the same arguments against Litecoin, as many did against Bitcoin.  I mean let's get real here.  Bitcoin may have a far superior infrastructure to all other alts, but that's not really saying much either.  Bitcoin is mostly speculation too.  This isn't people buying Bitcoin to go shopping, this is people buying Bitcoin to make money.  I'm not saying any alts do or don't offer advantages over Bitcoin but who cares.  Right now, it's all speculation and the more money coming into the crypto currency space, is less money being circulated through government fiat.  Try to remember, this is about changing our global monetary system FIRST, getting "rich" off your favorite little currency is a distant second.  I say, the more the merrier.

BTW-Litecoin just broke $1 Billion market cap so call it what you want, but it was pretty serious when Bitcoin accomplished it.  Not sure why it would be any less significant in this case.  I call it a big win for the entire space.  Deal with it.

I don't have an issue with people talking LTC in terms of its effect on BTC. But bragging how much you made with LTC is just pumping and belongs to a troll box with the fontas crowd
2779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2013, 06:51:13 AM
does anyone know where i can find a graph of btc bid orders/ ask orders.  $35m vs BTC19,000 looks pretty bullish to me, but i want to see it on a chart

You can zoom out here http://trading.i286.org/
2780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2013, 06:48:16 AM
omg who gives a fuck about litecoin. this is a bitcoin forum, we need Adam up in here to stop these posts.

Well those LTC you don't give a fuck about gave me +20% btc in the last couple hours alone.

Good for you do you want a pat on the head? Can you go back to the troll box with this stuff?
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