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1121  Economy / Speculation / Re: Is the current "slow creep higher" the start of a Huge BTC Rally? on: May 19, 2014, 07:27:09 AM
dump-attempts repetedly fail. I'd say we go sideways for a while creeping up slowly maybe a little drop here or there (10$ / 20$) and finally acceleration and big stampede then. Run up to at least 1000$ by mid-summer.

Did you notice that on Bitstamp? Apparently there's this character or group (haven't checked the order book for stamp) that's been trying to collapse the price by dumping ~ 730 coins for the past 4 days or so. Not sure what his/their intention is because most of the easily skittish have already been panicked and driven off. Its quite easy to see by looking at the chart on bitcoinwisdom and examining the 15 minute volume. Its amusing to see the price holding but you never know... there may still be some nervous types left just waiting to get plucked. Its been entertaining to watch this play out. Just conjecture but this guy must really be greedy or delusional or perhaps he knows something that we don't. Maybe its one of the chinese pump and dumpers who didn't recieve the memo  Grin
Why is there is some grand conspiracy theory over the motivation of someone selling a mere 700 coins? It's just 700 coins. It's not that many. Someone is just trading/selling a small amount of coins like that because they have to. It could be a miner, company, trader, whatever. They probably don't have the slightest thought about market manipulation. You guys just need to completely stop analyzing price movements and trades  when there is pathetically low volume, at all.
1122  Economy / Speculation / Re: Here we go on: May 18, 2014, 12:04:56 PM
So what happened? I was told there would be a moon.
1123  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2014, 12:02:41 PM
1718btc volume. good lord
1124  Economy / Speculation / Re: Who are these "big investors" and what are they waiting for? on: May 18, 2014, 03:23:31 AM
At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
1125  Economy / Speculation / Re: Who are these "big investors" and what are they waiting for? on: May 18, 2014, 03:09:31 AM
Most of the claims of "big investors have expressed strong interest" are actually mistransaltions of "barry silbert or winklevoss solicited a meeting with some investor and they obliged out of respect or curiosity to know information about what it is they are doing or what bitcoin is'.

Also, the serious investors are not interested in buying bitcoins to speculate on the unit value.  What they want to do is launch businesses to take advantage of some capability that is missing in the market and create a guaranteed cash flow even if the unit value drops. It is a big wide industry of businesses waiting to be developed and it would be appealing to be in the position of a first-mover.
1126  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2014, 02:25:26 AM
http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12

Quote
FINANCE PROFESSOR: Bitcoin Will Crash To $10 By Mid-2014

Can still happen.
Where can I buy a share of bitcoin?
1127  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2014, 02:22:03 AM
Bitcoin
1128  Economy / Speculation / Re: Who are these "big investors" and what are they waiting for? on: May 18, 2014, 12:33:02 AM
I heard santaclaus, the easter bunny, and the tooth fairy were coming too.
1129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2014, 12:27:12 AM
What are the 5 last things you paid for with BTC (without converting it to USD before the deal was done) and how long ago were these purchases made?
I attempted to buy food from survivalfood.com  (but they stop accepting bitcoin)
TigerDirect
AmagiMetals (gold and silver)
TigerDirect
TigerDirect
1130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2014, 12:24:23 AM
next 1 month: bearish/neutral
next 1-6 months: neutral
next 6 months-10 years: bullish
after 10 years: bearish.

Why do you think it will take so long time before we start to rise again?

There's hype and good news everywhere
Because all the hype and good news not moving the market is creepy and makes me think there is a dark force hiding in the market waiting to reveal itself.
1131  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: May 17, 2014, 11:11:50 AM
don't know how you guys get off with completely ignoring a whole 1/4-1/2 of the chart as some kind of irrelevant outlier.
1132  Economy / Speculation / Re: True depth of Bitfinex on: May 17, 2014, 10:59:53 AM
the small lines are just bitfinex and the large lines are bitfinex + bitstamp.
1133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2014, 10:53:35 AM
next 1 month: bearish/neutral
next 1-6 months: neutral
next 6 months-10 years: bullish
after 10 years: bearish.
1134  Economy / Speculation / Re: When do you attempt to sell and rebuy lower... on: May 17, 2014, 10:03:11 AM
Nah it's not really hard with volatility like this:



1135  Economy / Speculation / Re: BTC Foundation Shakeup - How does this impact perception? on: May 17, 2014, 09:56:51 AM
I have a higher perception of bitcoin now that there is less trust in a centralized group of people.
1136  Economy / Speculation / Re: China Ban is a NOW a bullish Signal on: May 17, 2014, 09:38:12 AM
Don't pretend like there won't be any action if the exchanges are actually shut down.
1137  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2014, 09:33:47 AM
It is interesting to observe the extremely diverse range of coexisting opinions on the price here. One group of posters will be absolutely confident that we are inevitably seeing $5000 by the summer, and the next group of posters will have lost all faith and not believe that it will even recover from this crash and hold value at all.
1138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2014, 09:23:59 AM
Here are some old pictures of I have of Bitstamp "support" and "walls". Enjoy.





1139  Economy / Speculation / Re: Growing gap indicating mayor crash? on: May 17, 2014, 08:34:18 AM
Im talking about the gap between the bid and ask, causing big swings in very short time frames
Can you show me this gap on a chart so I know you're not referring to the error on bitcoinity.

Also, what swings? This is the least volatile that bitcoin has ever been.
1140  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: May 17, 2014, 08:32:44 AM
Wait.. I think I'm seeing a pattern here:  Banks don't like bitcoin. What a shocker.
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