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441  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 10:59:44 PM
Wow, shit is about to go DOWN! Shocked
442  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 10:13:00 PM
Listen, I read loaded's posts. You guys have to understand that if he really was carrying bags of cash, he would not have been able to set foot on Chinese soil.

What makes you think getting money into China is hard? That is what China does. They run huge trade surpluses. Just with the US it's like 300 B USD every year.

Invoice manipulation is a huge way to get USD in.
443  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 09:53:27 PM
China is about to wake up. What will they do? Just cook some noodles and chill?
444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 09:09:23 PM
Wow, BTCChina is completely dead atm. No money left there?
445  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 08:49:50 PM
Just wait until the next 3 blocks hit, all hell is about to break loose

Why 3? On Gox you need 6 confs BTW

stamp is 3, i dont follow gox

Is that because of people transferring btc from BTCChina?
446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 08:41:00 PM
What happens when china wakes up in a crash?

If there is a crash. That attempt to create panic seems to have fizzled

Doubt this is attempt to create panic, rather the opposite. Whale(s) dumping over time.

I don't think you're reading the situation right.

It's only the chinese and regular folks prone to panic who are dumping.

The real whales are accumulating at these prices.

Don't take my word for it. Go back a few pages and carefully read Loaded's posts. They are quite telling (and bullish).....

Well, if I'm reading it wrong it is still making me coins  Grin

(As in sitting gloriously in fiat, hodling fiat you might say )
447  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 08:30:57 PM
What happens when china wakes up in a crash?

If there is a crash. That attempt to create panic seems to have fizzled

Doubt this is attempt to create panic, rather the opposite. Whale(s) dumping over time.
448  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 07:46:43 PM
H1 graph looking pretty grim... Sell or hodl?

I sodl.
449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 06:22:55 PM
We're going down gentlemen!
450  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 06:11:49 PM
Stamp, Gox and BTCChina are following eachother step by step, but who is following who? And why is BTCChina about $100 cheaper than Gox, while they still follow the same curves?

I've given up trying to figure out what is doing what.  Everything seems to be a complete crap shoot these days.  



I trade on BTC-e and during this week I have seen some moves originating there. It also has the largest volume.

I've been telling people about this but there's a lot of Stamp fans who idk why choose to ignore BTC-e.

I'm pretty sure we're not anymore on the all-exchanges-following-one paradigm.

You will eventually get burned if you convince yourself all moves have to come from one place.

What about the price difference between Gox and BTCChina? Does the $100 reflect the cost/risk of arbitrage trade?
451  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 06:01:03 PM
Stamp, Gox and BTCChina are following eachother step by step, but who is following who? And why is BTCChina about $100 cheaper than Gox, while they still follow the same curves?
452  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 05:52:54 PM
Quote
You mean memes with homophobic slurs so we look like a bunch of narrow minded biggots? Or am I missing something. You should be ashamed.

http://www.youtube.com/watch?v=Fcja4WFFzDw
Am I the only one here who thinks being gay is wrong, or aka not what god intended. I man common, god really created Man to bang another Man...

Disgusting post. I feel sorry for you. You must be very scared and miserable inside.
453  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 03:34:33 PM
Crash to 500 happening tonight. You heard it here first!

My back told me. It is superb for predicting weather and Bitcoin movements.

SODL!!
454  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 03:20:09 PM
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Real good one! Thanks!

GREAT speech. Antreas is the MAN!  Wink

good stuff Andreas Antonopoulos, always has some good ideas.

Bitcoin > Goat Shit > Fiat  Cheesy

Wow, for real!? I happen to have truckloads of goat shit lying around. So all I need to do is exchange that into truckloads of fiat and get loads of bitcoins??

Apparently you're supposed to burn the the shit. And you get money because it "burn long time" [sic] Wink

Thanks bro! Grin
455  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 03:18:07 PM
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Real good one! Thanks!

GREAT speech. Antreas is the MAN!  Wink

good stuff Andreas Antonopoulos, always has some good ideas.

Bitcoin > Goat Shit > Fiat  Cheesy

Wow, for real!? I happen to have truckloads of goat shit lying around. So all I need to do is exchange that into truckloads of fiat and get loads of bitcoins??
456  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 03:16:17 PM
This stability is sooooo boring. Gief swings!
457  Economy / Speculation / Re: HOW MUCH will Bitcoin go down ? on: December 20, 2013, 03:11:31 PM
It can go down below the $400 levels. If there is a massive sell-off in China, then it can even return to the pre-China boom levels. A lot of BTC is still stuck with BTC China, with people unable to withdraw to CNY. 

They are not unable to withdraw CNY, they are unable to deposit fresh CNY to the exchange.
458  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 11:56:22 AM
Sorry I'm new. Who is Rpietila?

He is just a guy claiming he knows a thing or two about Bitcoin. Also owns a coin or two.  Wink

A poster boy surrounding himself with drooling wannabe moneybags hoping to attract customers to his investment businesses, sometimes he takes a walk on the wild side.

If you are trading bitcoin for more than 2 years and still doesn't have at least 5 figures you are doing it wrong, so beware of experts because they can just be lucky guys.

Myself included  Grin

5 figures in BITCOIN!?!?!?!? 'cause then F$CK I'm doing it wrong.

Having 5 figures in Bitcoin is just not cool, mkay.
459  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 11:54:54 AM
Sorry I'm new. Who is Rpietila?

He is just a guy claiming he knows a thing or two about Bitcoin. Also owns a coin or two.  Wink

he is the guy who claims that he is a Pro trader and he can predict Bitcoin moves, the thing about bitcoin is that we can only speculate because the movements are somehow unpredictable.


when we are speculating with the charts and movements some big bag holder can just drop a shit load of coins bringing the price to the lowers lows, or another scenario is someone buying 20K coins at once and bring us to $1500 in one hour.... this what bitcoin is.... don't trade based on what we say here and don't get emotional to peoples Ideas....

Would a 20k buy bring the price to $1500?

depends where you look, If I look to bitstamps order book 20K will brings us over &1300 and looking to gox order book 20K will bring us a bit over $1100

20k spread across all markets is what you should be looking at.

if you want to bring the price up where would you buy ?

I would buy at gox, because trying to bring the price over 1300 at bitstamp will be somehow a failure, and I mean doing that by running a market order.... even if you would put some buying walls t prevent the price from droping people will simply eat the walls how ? most people will see the chance of getting their cash out of gox by selling their coins at stamp and your try will be worthless......


so I think you do not need to spread the cash, all you need is to push the price at gox and the market will follow (except china for now ...)

If you buy you don't want to bring the price up! You want the price to stay the same as much as possible to avoid slippage. People that buy to bring the price up or sell to bring the price down in an attempt to influence the market are fucking retarded.

If done right it could bring the panic or the exuberance to critical mass, making it accelerate on its own. I'm sure it's happened and some people have made a killing this way.
460  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 11:51:14 AM
Sorry I'm new. Who is Rpietila?

He is just a guy claiming he knows a thing or two about Bitcoin. Also owns a coin or two.  Wink

he is the guy who claims that he is a Pro trader and he can predict Bitcoin moves, the thing about bitcoin is that we can only speculate because the movements are somehow unpredictable.


when we are speculating with the charts and movements some big bag holder can just drop a shit load of coins bringing the price to the lowers lows, or another scenario is someone buying 20K coins at once and bring us to $1500 in one hour.... this what bitcoin is.... don't trade based on what we say here and don't get emotional to peoples Ideas....

Would a 20k buy bring the price to $1500?

depends where you look, If I look to bitstamps order book 20K will brings us over &1300 and looking to gox order book 20K will bring us a bit over $1100

20k spread across all markets is what you should be looking at.

Also, order book wouldn't stay static if someone started such a buying spree? Anyways, I get your point  Smiley
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