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1281  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2014, 01:00:56 AM
Bullfenix -> Dead
1282  Economy / Speculation / Re: Current Bitcoin Trend on: June 26, 2014, 06:56:52 PM


Image sais it all. Seems like no ATH this year, folks.









...


...


...











Ooops.

Haha, I saw that first image and though, "What the hell is he smoking? That isnt a valid trendline OR even remotely bearish"
1283  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2014, 06:24:55 PM
Quote
I can't even own a pet.

So between you and monkey, who is the owner?


1284  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2014, 03:26:38 AM
That double bottom though



Eh, second bottom slightly lower than first. Plus this happens all the time and another dump puts us lower. Double bottom does not work with bitcoin. Double top usually does.
1285  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2014, 12:27:47 AM
People go to auctions to buy things at discount.  Not at narket price.  Not above market price.  Especially sealed bids where there is no rush to immediately beat the guy who just outbid you.

To be fair, buying 30k BTC is not possible at market price.. so bidding at market or slightly above IS a discount.
1286  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2014, 12:17:58 AM
Right.  You tied up $200K in deposits to make a $200/coin bid you know you'll never get.  Get real.


I'm only bidding for what they will be crashing to by the end of the year.


Hope to sell for quick profit, otherwise I wait for my, err, target price.
1287  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2014, 12:13:55 AM
I have officially made my offer for the B block of coins. Hope no one else remembered that it existed, only bid $REDACTED per HAHA
1288  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 25, 2014, 05:17:22 PM
If you thought the price is fallin because of the auction, then you are dead wrong, that was just my little adopted brother tryin to fool you!
MY OWN real work happened behind the scenes and will be released SOON with drastic effects!

Troll fail.

I think thats the goal (I hope, at least)
1289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 25, 2014, 04:51:44 PM
Love the frappuccinos.



LOL!

Its funny because at the end of the paper they provide a BTC address.

1290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 25, 2014, 03:19:04 AM
So guys, 27th June.. we learn that the coins sold well above market, we should see a price to $650+ within hours after confirmation? And, on the other side (well below market) we should see a drop to $545 or less within hours after confirmation.

But what about the case where we dont know the results? Down? Up? We all know this market never responds to nothing by doing nothing.
1291  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2014, 10:57:53 PM


Sure hope the SR coins sell well..
1292  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2014, 03:59:30 AM
Ghost lines are of one week ago. Price has barely dropped but the orderbook is notably worse.

1293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2014, 06:09:41 PM
I heard some rumors when chinese convert a lot of btc to fiat, price get low. Is that possible to affect the price?

I... dont think I understand..

In order to "convert to fiat" you have to sell... this would very obviously reduce the price. 
1294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2014, 05:03:05 PM
no i'm buying now.

Why buy now?

What happens if Bitcoin breaks below the longterm Jan 2013 support trendline on strong volume?

Also, you always seem to be buying. Never selling. Where do you get the fiat from?

I am still sad about that 500btc wall guy that drove Bitstamp down from 685.  Somebody always spoils the party.

Get a grip.


You think somebody could drive down a market with a 500 BTC wall if that market wasn't already teetering on the edge anyhow?

True. Its like the MtGox lag and April. Yes, if it didnt lag, we would have gone a lot higher.. but also crashed harder.
1295  Economy / Speculation / Re: Price vs. Google Trends Search Volume for "bitcoin" (2011-09-04 - Present) on: June 23, 2014, 04:19:16 AM
looks to me like another spike is coming

1296  Economy / Exchanges / Re: And we have another Bitfinex Short Squeeze! on: June 22, 2014, 04:35:30 AM
It seems like you don't like bitfinex  Grin
Why don't you change your signature.

And also, I was thinking of how day trading or something of this nature would work. Lets say a btc is bought for 500 and then sold at 510 a few min later. Then a btc is bought in at 490. I am just thinking that the person that gained from this quick trading made a profit (at a cost of whoever bought it). I feel like the exchanges might have to eat those costs (so maybe they just try to avoid eating all the extra costs).

This is just a thought and I do not know about how bitfinex works (seem complex). But everyone gotta do whats best for them in the end.

I don't like Bitfinex. Inviting people to trade Bitfinex where they can swim with sharks and wrestle with vipers is hardly a ringing endorsement of the place, I wouldn't have thought.

But there is another stone wall example of crooked Bitfinex in action. There was around 600 BTC in between $599 and $605, with all the orders of course at different price levels. Yet here is the trading for the break above 600 btc:

02:00:58 602.29      0.1
02:00:56 600.3        1.00626
02:00:55 608.13      319.168
02:00:24 600          255.374
02:00:17 599.91      0.01

In green, is the Ask wall which my stop loss order was sitting behind. There was as any reasonably minded person could imagine, a whole array of other double figure and single figure and indeed decimal bids in between 600 and 608. Why therefore was the next 319.168 of bids all sold at 608.13, my paltry 6 BTC amongst them when there was a whole raft of bids in between $600 and $608!?

BITFINEX CAUGHT RED HANDED STEALING!



If this is true, how come when I watched the buys go by live, it didnt jump to $608? Instead it ate thru $600 and then went thru shallow waters to $608?

The only oddity I saw was that shortly after breaking $600 and moving to  ~603, someone put a 100.7BTC ask at $600 again, that got eaten really quick. This was seconds after $600 went down, and the 100B wall was eaten in seconds after being placed.
1297  Economy / Speculation / Re: 700 sunday possible? on: June 20, 2014, 10:23:39 PM
I agree, not funny.. but what good does a ban do? He has to register another disposable account?
1298  Economy / Speculation / Re: The Bitcoin bubble is going to burst very soon ! on: June 19, 2014, 04:56:38 PM
Quote
As you can see, in the past few months, bad news easily pressed bitcoin price down from top bubble $12xx to $2xx/$3xx, 83% lost, the bitcoin bubble started to burst since there.

Lost you at the first sentence.
That never happened.

Edit, well I guess I mean it was 70% drop.
1299  Economy / Speculation / Re: Bidders for US Marshalls Auction leaked by US Marshalls on: June 18, 2014, 10:22:20 PM
Wait, so all of these bidders (51?) have made the 200k deposit? Then I suppose its not so bad. I was thinking only a half or so actually bid and the rest were "interested"
1300  Economy / Speculation / Re: Bidders for US Marshalls Auction leaked by US Marshalls on: June 18, 2014, 09:43:26 PM
So overall, pretty bearish news.. considering the lack of interested parties and lack of variety in them (most of them already BTC related)
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