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1505
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 30, 2014, 09:27:37 AM
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This is the point where the train slows down and now everyone is afraid of a crash. So obviously they start selling and create a crash.
Funny how you always strut around here like a peacock proclaiming your magnificence and the stupidity of traders, yet you spend your time here predicting the price trend... Welcome to ignore list. Bye  |
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1510
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 30, 2014, 07:01:49 AM
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WHAT THE FUCK!?!
the ways of bitcoin are mysterious to me.....(thus not a whale) very interesting Searing I don't see why anyone would be surprised. We were here already last month. And higher. There was absolutely no reason to go down in the first place. Just loads of silly dumps and some nice fud here and there. It was just a matter of time before we would go back again. I guess the end of the auction (and month) was a good moment for that. The end of bear month. The bear trolls will be quiet for a while. Although Tera will soon be here to tell us why we will be going down. |
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1511
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 30, 2014, 06:45:46 AM
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On Bitstamp, BTC-e, and Bitfinex, there was a surge in volume (peaking at 300-700 BTC/min) while the price was shooting up, but when the rally stalled then volume dropped again to the very low levels it had before (10-30 BTC/min).
On Huobi and OKCoin, volume surged to about the same levels (~600 BTC/min) during the rally, but then it remained high (~120 BTC/min) while the price wandered between ~3800 and ~3820.
Need I say that I see that as evidence that the rally happened in China, and the trades in the West were mainly arbitrage?
Why are you so obsessed with the Chinese having to lead the exchanges? Its clear that stamp/finex led this based on how much they moved up (15-20 $) while huobi went up around $10. The volume can easily be explained by the fact that the chinese exchanges have no trading fees. As an example some Chinese traders may be selling during the rally to buy back a few minutes later at a little lower price, which isn't as easy if there are trading fees that will cut into profit. He is obsessed with himself. He picks a subject on a busy forum that will get lots of attention to him. It's all about him. He has no interest in Bitcoin. He uses it to get attention. It would be great if you stopped quoting that idiot. |
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1513
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 30, 2014, 02:38:55 AM
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"Silbert also noted that the total value of the bids was 48,013 BTC or roughly $28.4m. At press time, the market value of the 30,000 BTC was roughly 17.7m"
42 bidders. So it looks like the bids were extremely low. Am i saying this right?
Not sure how people keep getting this wrong Easy. Fear clouds the mind. Yeah. I'm full of fear. My mind is so clouded. Ready to sell all my coins. |
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1516
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 30, 2014, 02:11:07 AM
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It's becoming very obvious that somebody -- or more likely -- some government is trying their best to manipulate the price of bitcoin down. I would guess the most likely candidates are Russia, China, or .. the good ol' USA (perhaps a US - Israeli mutual effort). There aren't too many people out there who can afford to put up and replenish such ask walls, and who would want to manipulate the price down.
You seriously think a "government" is busy putting up walls of 500 bitcoins? Not really, right? Yes, I think it's very possible. I can assure you that there are many high level, closed door meetings occurring around the world about the rise of cryptocurrencies and the best strategies to subversively suppress growth. It is not in their interest to let this succeed. And the best way to do this is by putting up 500 Bitcoin walls at 600. This really sounds plausible to you? This is something a government would do to stop Bitcoin? You really, truly believe that. Sorry for all the questions but i just can't believe you're not joking. We already know that they tried banning it, and then banning it again, and then banning it another five times when the first two attempts didn't work (China) so I don't see why governments wouldn't also pursue more straight forward strategies to suppress it with large ask walls on the major exchanges. edit: Lest we be naive, government spokesmen on an individual basis may get before the cameras and tell us that they support bitcoin, because they don't want to look unhip or behind the technology curve to their constituents, but on a collective basis, world governments absolutely do not want bitcoin to succeed. And the best way the goverment (whatever that might be) can get rid of Bitcoin is to buy a few coins and put up small sell walls. Ok, it's clear you are serious and i kinda feel sorry for you. I can only imagine the other things you come up with in your life and believe in. Oh and the governments don't want to look unhip so in front of the cameras they accept Bitcoin. My god... |
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1517
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 30, 2014, 01:52:39 AM
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It's becoming very obvious that somebody -- or more likely -- some government is trying their best to manipulate the price of bitcoin down. I would guess the most likely candidates are Russia, China, or .. the good ol' USA (perhaps a US - Israeli mutual effort). There aren't too many people out there who can afford to put up and replenish such ask walls, and who would want to manipulate the price down.
You seriously think a "government" is busy putting up walls of 500 bitcoins? Not really, right? Yes, I think it's very possible. I can assure you that there are many high level, closed door meetings occurring around the world about the rise of cryptocurrencies and the best strategies to subversively suppress growth. It is not in their interest to let this succeed. And the best way to do this is by putting up 500 Bitcoin walls at 600. This really sounds plausible to you? This is something a government would do to stop Bitcoin? You really, truly believe that. Sorry for all the questions but i just can't believe you're not joking. |
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1519
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 30, 2014, 01:02:14 AM
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It's becoming very obvious that somebody -- or more likely -- some government is trying their best to manipulate the price of bitcoin down. I would guess the most likely candidates are Russia, China, or .. the good ol' USA (perhaps a US - Israeli mutual effort). There aren't too many people out there who can afford to put up and replenish such ask walls, and who would want to manipulate the price down.
You seriously think a "government" is busy putting up walls of 500 bitcoins? Not really, right? |
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