I had sold most of my btc yesterday when the trend was failing but still held some and lost money thanks to some trolls on here posting "the news is fake" , "look at the shadows and the camel", "DPR is making a joke about the government shut down", etc. Fuck you!

 I had 100 orders that failed to fill even when price was 95... which I then cancelled. Then I tried to buy at 86 seconds too late.

Who bought at btce at 75? Lol

I always thought that this 145 resistance looked fishy. Ive never seen bit coin oppose such a large and persistent buying force and plateau for so long. There were just stacks and stacks of coins after coins after coins. The low volume also smelled fishy and seemed like a dead giveaway of massive market manipulation

We can now theorize that the 145 resistance was actually DPR's cohorts, LE insiders , and other people who were somehow in the know of the upcoming news selling their stashes. We can also theorize that the massive influx of good news lately was placed to facilitate the sale of the coins.  That's why they say "sell on news"...

Thoughts?

Gox offers more volume (usually) and larger price swings. Lately $10 movements at gox have been $5 movements at bitstamp, and there are more waves to catch in a gox movement vs a movement in another exchange which is more smoothed.

Liquidity: Does not matter if you intend to leave gox via btc and the loss leaving will cancel out with the gain from entering (via btc).
Leverage: Somewhat of a bad idea in crypto and not for everyone.
Interest: The amounts of interest are negligible in a daytrader's eyes. They didn't join for such petty matters and have more to gain from larger price swings.
Transaction fees: You can actually get your mtgox fee down to 0.25% with enough volume.

The only thing that's really happened today is arbitrage. Apparently our arbiteur took a break over the weekend which allowed bitstamp to fall under the sell pressure and gox to rise uncontrollably.

Why do you call the bottom at just $128? At that point, the entire trend line is broken and its probably going much lower. Say $100 or $86 even with the right volume, which would fit perfectly on the chart.

I can think of a few catalysts too... such as mtgox resumes normal withdraw, mtgox closes, government crackdown, or scalability/protocol issues.

But the 5 points are all from our recent penant/triangle in the past two months, except the one point where it began in April. Its not like there's a point in April, a point in May, a point in July, and then a point in august. All these 4 points youre using to draw a line could actually be part of a different line not connected to the point in april. They are so recent.

I recall doing something exactly like this as a side quest in one of the early Legend of Zelda games.

About 5K coins were just added to the ask around $165.

I noticed that trading.i286.org has been banned from the bitstamp API. What are you going to do to prevent this?

How about we get someone to make a trade for one satoshi at $100,000 and paint the tape?  Then we can say it's an omen.

It seems you are just arbitrarily drawing that purple line.  What made you connect 170 to our 149 vs some other level? How do you know that the resistance in our current rally isn't actually another sub-line, like the thin green line, and then the purple line would be an additional stronger resistance above that?

I've heard a lot of talk/rumor about these manually processed gox wires, and I think I might like to do one. I have some questions:

1. Do they do international wires of USD?

2. Is there a minimum amount?

3. What other qualifications must you have to do it?

4. Is the 5% fee the total fee or does it go on top of the normal 1.5% fee?

5. How long does it take?

6. How many people can vouch that this is working and that theyve done it recently?

7. How do you start the process?

8. Is it less risky to simply transfer to bit stamp, eat the 10% loss, and withdraw there?

Thanks!

Those are just trollbox admins. They have nothing to do with supporting the site outside of banning people from the chatroom.

Theres no evidence of wrongdoing yet and no way to tell if its a scam or not. But there is one particular weakness in this exchange - in that it is supported by a total of only one admin (real solid). That means:

1. You might have trouble receiving timely support.

2. If something happens to this person, there is no more support, and everything could become lost.

3. This one person might have an overly high impression of the system security.

4. This one person can game on and trade on their own exchange. There are no checks and balances.

5. You could get on this person's bad side.

6. This person is only human and as such could be tempted to steal millions of dollars worth of coin at any time once it gets large enough.

I have no evidence that real solid is a bad person, but it still seems risky nonetheless.

I personally have never had more than 7btc there at a time (usually 3) and I remove them as soon as I'm done trading.

The large profit margins made by the ridiculous spreads and the novice traders make it worth the risk though.

I bought some btc on Gox today and sent them here to trade with because I felt the risks were equal but here I could be making profits. When I make enough profit here to make up for the gox-bitstamp gap, I can send the coins  to bit stamp.

Please name another exchange that has better liquidity and support than bit stamp. These days you cannot even withdraw from practically any other exchange.

I think this poll could probably be used to reflect the sentiment of the forum at large, and not just about "October".

This gox run, after reaching a $19-$22 gap with other exchanges, have caused prices to finally break out over key chart levels on other exchanges and eat through the endless resistance walls.  However, this break out is short lived, on low volume, and lacking bid support. Now prices are going down again, as if nothing happened... Will this rally succeed?

And are we supposed to believe that someone is still wiring millions of usd into gox?