Has a large BTC exchange ever gone totally flat while actually operating for this long of a time?
no this has literally never happened b4 this is one of the, if not THE most expensive wall i have ever seen, there have not be many 5million+ walls, maybe like 5-10 of them this year, every time market has eaten them, every time. this wall is HUGE This wallzilla whale dude is torching money by selling in this way. Basically, we are watching a replay of this: K Foundation Burn a Million Pounds |
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Next year we'll all be telling the story about the 30K Stamp wall when people freakout over a 5K wall.
We often freaked out about a 3000 wall in the last weeks...  BTW, how large was that wall on Gox @266-270 before we shoot through it? 20k? only 10 that was marks 10K wall on stamps right b4 the news came out that mtgox had imploded @620ish no i meant the one in November before the runup to the new ATH That gox wall was def 10k and only lasted a few minutes. Loads more buying pressure then. |
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Anyone know what time, CET, that fiat gets credited to stamp accounts on Mondays?
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 "Yess. Sell that btc dammit! I know what I am doing. ...I think..." |
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Somewhere, someone is cursing the slow speed of fiat and can't get a few million over to stamp to grab this opportunity. The market clearly wants to retrace for a while.
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Boom! 1500btc sell on Stamp  Wallzilla down to 25k coins now. Determined to sell at $300. Going to look pretty sick when btc is back to $600 |
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Some guy called nemesis is taking responsibility. Nemesis bought 10k coins in 2012, but unless he has done some pretty hot trading since, he would not control an address with 35k |
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Why are you so desperate for bitcoin to fail, why are you so desperate for everyone else to sell. Your justifications don't add up. Then finally when you encounter posts that start to reveal the bear case as being on shaky ground right about know you try and call into question the other guys sanity? Really?
You know what you might be right, the price might continue to drop all the way to zero. What if it does? You win? Win what? What is your actual point? ...
IMHO. *some* 'registered x/x/2014' accounts are from those that suffer extreme butt-hurt of the first order, who weren't early adopters, so the only solace is to see those early adopters lose all their gains, btc price of zero, ecosystem collapse. Only then can they walk away feeling that they did not miss out. |
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Is it just me or are people getting sick of the falling and starting to short bitcoin? Because I have this urge to short but I feel like I'm being manipulated... Is my tinfoil on too tight?  Nope. Shorts getting squeezed. Doesn't the price go UP during a short squeeze? Indeed. Like when Volkswagen had a brief moment in the sun as the world's largest company. http://www.reuters.com/article/2008/10/28/us-volkswagen-idUSTRE49R3I920081028reminds me of another chart I've seen somewhere...  |
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The poll is biased. 75% want a smaller unit. That doesn't mean at all that “bits” is the preferred word for such unit.
That's me, I want a smaller unit but I don't like bits. The market adopting a convention of two decimal places is much more important than what the unit is actually called. The poll is already split to allow those who prefer mBTC to select their preference, splitting the millionths option would have also biased the poll. When I did the OP I was unsure of whether bits was the best idea. Since then I am coming to the conclusion that Satoshi starting Bitcoin with an eight decimal place unit was his biggest mistake. |
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I was wondering if it a good time to invest a few bucks on bitcoins
right now ? ... The bitcoin price is stable in moment
Put it this way. Has there been a better time to buy in 2014? Isn't the Bitcoin ecosystem bigger and stronger now than at the start of the year? |
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what s up here? Auroracoin still alive? Are there any devs left?
hard to say. Haven't heard of balduro in a long time. However someone managed to get the second airdrop going (end of july, still in progress, 4500 claims so far. Has ebbed down, though with ~1.4 million AUR claimed. Surprising for most of us: the claim amount was raised 10-fold to 318 AUR per person). Who knows.. it's a long unlikely shot now and it doesn't look good. Doubt any Icelanders are doing much of anything but selling their airdrop coins. : https://bitcointalk.org/index.php?topic=500511.msg9034911#msg9034911Wow. Congratulations. I will follow it with interest. |
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That there still are people here who say this is normal market behaviour and there is no manipulation and there is noone trying to take us down is beyond me.
They are not trying to take us down, they just know that when they dump, they'll be able to buy whatever they sold back at a cheaper price. It'll continue until that is no longer the case. Then it will probably be time to pump. I don't believe this anymore. I see people dumping tons of coins. I don't see them buying tons of coins back. Either way, they are destroying the market. On purpose ot not. It doesn't even matter. Same thing. They won't stop till it's dead. Since the peak at the end of last year some enormous ASIC farms have been built. These need to be funded, and that is by selling bitcoins. The whole network has become far more secure against attack, but this has cost million$. Now it is a war of attrition between major miners to remain profitable. Soon it will be cheaper to buy coins in the market than anyone can mine them, difficulty stops climbing and plateaus (until there is a step-change in chip tech). Maybe $370 is the break even for all miners. If so, this will put a floor under the price. The bottom chart is important.  |
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Is it not too early to call this great experiment in virtual currency, null and void?
For sure, I am not saying that digital currency is a failure, I am saying we have not made a digital currency we have made a digital asset. Virtual currency is thousands of years old the first currency was virtual in the form of a promise to pay. There is no double top. A double top has peaks separated by weeks to months.
...
Those peaks are on the 1st and 4th of Feb, which is three days. The pattern being formed is pretty clearly a bullish wedge. Not a guarantee that we'll break $21.5/$22, but an indicator that its likely.
http://bitcoincharts.com/charts/mtgoxUSD#rg30zigHourlyztgSzm1g10zm2g25zvThere is absolutely a bullish wedge on the hourly chart. Also, look how fast the retrace is out of the dips. Like a cat on a hot tin roof. Bitcoin is already putting a floor in at $21... Yep, just waking up and seeing this. I think we've already touched $22.00/BTC. To me, this is both exciting and disappointing. It's exciting because I'm holding a good bit of BTC in my wallet. It's disappointing because I fear that we might be heading into the "danger zone". A bunch of amateur speculators buying something like crazy rarely ends well. Another Bitcoin bubble and crash could be very bad for the BTC's long-term future. --ATC-- Very surprised by your analyses, I think we might be in complete agreement. I am very bearish btc right now. I was getting bearish at 19. Still feeling the pain of not buying in at $19 ? |
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I think for the first time I understand the driver of the massive ramps in Bitcoin's long-term price. |
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Free energy, yeah it's called sunlight.
Top-notch comment. |
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When is the last time the devs made an update?
Well, they did move the decimal place on the 2nd airdrop amount. That's at least 1 byte changed. |
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