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281  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 23, 2013, 09:10:10 PM
Bulls on Bitstamp are shifting a gear up.

 olmost there..  time to buy up what's left of cheap coins..
282  Economy / Speculation / Re: Trouble for BTC in China? on: May 23, 2013, 08:20:23 PM
It said this days earlier - it takes years for Bitcoin to nurture, but only a day to be completely banned in China

Now, once it got banned it will get really popular there.  Wink


agree thats how it works in china lol
283  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 22, 2013, 09:22:44 PM
"i think we can see a foot in your ass pattern forming..   "  - Red Forman

http://www.youtube.com/watch?v=wiJEMK4Z96A

284  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 22, 2013, 07:02:11 PM
These askwalls and bidwalls seem far too high considering there's such low volume.

I wonder if this is a kind of DOS against Bitcoin itself.

Someone with enough USD and BTC on the exchanges could create an artificial situation like this and pull the plug either way whenever they feel like it.


This. These walls are way too coordinated.

Who would be selling right now, when Bitcoin is so obviously getting geared up to go?

So what are you guys suggesting the purpose and thus end result would be?  Speculating of course.

put walls.. buying cheap .. release walls..    sell high Smiley

edit: i'm buying slowly on bitstamp thank you walls!!
285  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 21, 2013, 07:59:28 PM
The Ask Wall is getting higher and higher on bitstamp today !   Shocked


thats good news.. just got verified there (1day, now thats FAST)..   
sepa on the way.. keep them walls up there please..   

286  Economy / Speculation / Re: Bitstamp volumes, what do they imply? on: May 21, 2013, 08:53:54 AM
From Europe, Bitstamp is a superior choice in terms of speed etc. Fast SEPA with no fees.

this! i used to work with btc24   but now it's bitstamp Smiley
287  Economy / Speculation / Re: Bitstamp volumes, what do they imply? on: May 21, 2013, 08:50:27 AM
the reason for bitstamp price is :

bitfinex which one can use as an arbitrage tool between gox and bitstamp.. stopped  offering gox bids.. due to the latest news around gox (dwolla).
it was an easy profit: buy on bitstamp(trough bitfinex).. sell on gox. hence price was always in synch with gox on bitstamp.

bitfinex is working on a solution: api to allow bots and marketmakers, it  will be up (well i guess somewhere in the comming week(s))

once we got volume on bifinex.. bistamp will follow gox price again  (like it did when bitfinex a few weeks ago started their integration with bitstamp)

Also the move of bitfinex to not use gox anymore is probably temporary until gox get's its shit together(but with goverments this can take a while so this is more of a long term view)

so what i'm doing now: sepa new fiat over to bitstamp and buying cheap coins.. (i'm not rich so it will be just what i can afford to lose and will not move price much )

because i know the price will go up as soon as the api thing is working on bitfinex Or when gox orders are allowed again on bitfinex.
now if many people buy new cheap coins on bitstamp with new fiat.  it will sync with gox soon enough.


now for the big ask side;.  it will go away once gox price goes up..    the bids will follow   also there enough buy power at bitfinex to eat those 4k walls at bitstamp
once price at gox is high enough Smiley  and there are enough bid offers.. on bitfinex and bitstamp (which might be when api + bots are up)

so basicaly.. if you have some fiat left to play with..  buy cheap coins at bistamp.




288  Economy / Speculation / Re: Why regulation will absolutely NOT cause Bitcoin price to go down. on: May 21, 2013, 08:06:46 AM
Sorry OP, you are completely wrong and your analogies don't fit at all.

The dollar has value even if no one from Argentina ever bought one.

Bitcoin does not have value if no one can use it.

Too much regulation will hurt bitcoin and can very easily kill it. Yes, die-hard believers will hold on to their bitcoins but your average investor will panic and sell if it looked like serious regulations were coming. I know I would.

Too much regulation and bitcoin ceases to be a useful currency and that is the ONLY thing that bitcoin has going for it. That is why people want it. Anything that makes it harder for it to function as a currency will negatively affect it's value.

You confuse legal use with actual use.
People CAN'T use marijuana in the US ... but oh boy, they sure do use marijuana!  A LOT of it.  But they CAN'T.  But they DO... because it is HIGHLY (pun intended) valuable to these people.
BTC is essentially gold that you can email.  If you don't see how this concept is absolutely unprecedented, revolutionary, fundamentally liberating on an individual level... Then yeah I guess you think demand will die off.
But it won't.  Demand for BTC can only increase from any prohibition attempts; from its essence (the revolutionary concept of a store of value that outperforms gold and is EMAILABLE [zero storage cost / no third parties necessary]).  This is utterly new to humanity; I totally understand why a lot of people are skeptical about future demand -- there's never been anything like it.
Demand for BTC has been increasing and will not stop; regulation will only add fuel to the fire.

this
289  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 10:52:53 AM
i'm looking at the daily ema's crossing on clark mood   Wink  
- given the positive news lately,
- conference 2013
- vc's getting involved
- mtgox dwolla shizzle
-  even after a 4-5 k selloff in weekend  the price kept around 120.. with no volume trading at all..
 looks verry bullish to me.

now please don't rally before my sepa arrived.. thanks Smiley



290  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 07:05:22 PM
Google trends shows the real interest in Bitcoin.

It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.

Here's why :




it was also mentioned.. that google trends folows the price .. not the other way around
291  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 05:12:58 PM
Ask sum increasing also, maybe some are arbing the big gap between exchanges and gox..

if only bankwires worked faster and during weekend days.. Smiley   hope i'm still fast enough to get cheap coins at bistamp..  wish i put some fiat over there last week.. stupid me!
Don't know about the reasoning but I'm somewhat reassured to see mtgox bid price within a stone's throw away from the others:

mtgoxUSD     119.5     2,170,113   73%
bitstampUSD  117.45      444,120   15%
btceUSD        112.51      293,743   10%
cbxUSD         117             74,132   2%


yeah.. NOW it is Smiley after the 5k selloff Smiley  not so long ago it was 122
it doesnt matter.. i'm in for the long run anyways..
292  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 04:29:53 PM
Ask sum increasing also, maybe some are arbing the big gap between exchanges and gox..

if only bankwires worked faster and during weekend days.. Smiley   hope i'm still fast enough to get cheap coins at bistamp..  wish i put some fiat over there last week.. stupid me!
293  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 17, 2013, 01:25:04 PM
dwolla just may have started the uptrend again. .. sure we will see some corrections but i think the mid term down trend is over now.

if not fine.. i'm happy with movment.. up or down
294  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 17, 2013, 09:39:50 AM
912.3      666.0000 116.77020

1650.7   666.0000116.66660

Wink

someone is playing games
295  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 16, 2013, 09:59:12 PM
to think i wanted to sell below 116 this morning..   oh boy.. am i happy i didnt Smiley
296  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 16, 2013, 08:58:15 PM
https://community.bitfinex.com/content.php/27-Gox-recent-news

Note the comment:

[BFX]Raphael - Today, 08:30 PM  Reply
The surprises of next week will surely make it up for it.

Dear traders and lenders, stay tuned
Raphael

probably bitfinex will have a rooting to another exchange like bitstamp..  it's only a guess though..
297  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 08:04:13 PM
BitStamp dump time again...

we can buy the price back up again with a very small buy.. it's not dumping.. it's a few bitcions beeing traded.
298  Economy / Speculation / Re: Mtgox.com Domain Seizure by US Authorities on: May 15, 2013, 06:34:15 PM
+3
299  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 06:02:18 PM
Gox www lagging hard/API unresponsive/broken for anyone else?

MtGox appears to be down.

Again.

api seems to have problems .. .. not sure about the website.. i dont use it
300  Economy / Speculation / Re: How strong is your hand? on: May 15, 2013, 11:51:03 AM
the amount that is needed to not have to work 1 day anymore the rest of my life..  

that will be my exit point..  
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