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Question: Oct. 31 Closing Price:
$0 - 3 (5.6%)
<$7,000 - 6 (11.1%)
$7,000-$7,500 - 2 (3.7%)
$7,500-$8,000 - 4 (7.4%)
$8,000-$8,500 - 10 (18.5%)
$8,500-$9,000 - 9 (16.7%)
$9,000-$9,500 - 4 (7.4%)
$9,500-$10,000 - 4 (7.4%)
$10,000-$10,500 - 4 (7.4%)
>$10,500 - 4 (7.4%)
>$20,000 - 4 (7.4%)
Total Voters: 54

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21408979 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (109 posts by 22 users deleted.)
elux
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May 24, 2013, 04:48:26 PM
 #10681

131...
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May 24, 2013, 04:48:54 PM
 #10682

Ok there goes the stability, rocket engines engaged. Grin
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May 24, 2013, 04:50:03 PM
 #10683

There is no reason for the sudden and dramatic rise in volume. Insider trading? Very possible that some traders have become aware of impending negative news regarding gox and want coins off the exchange. We've been on the edge since the Dwolla news.

... or any other variation on the theme of manipulators and schemers Wink  On the other hand it could just be volumes beginning to return to what was normal (especially considering a much higher proportion is now trading off gox) who were waiting for movement to trade.  There is no money to be made from a stagnant (stable) market so from a day trader's perspective it's movement that triggers market action.
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May 24, 2013, 04:50:40 PM
 #10684

Bulls glory dance:



FTFY!


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May 24, 2013, 04:51:24 PM
 #10685

There is no reason for the sudden and dramatic rise in volume. Insider trading? My bet is that some traders have become aware of impending negative news regarding gox and want coins off the exchange. We've been on the edge since the Dwolla incident.


MANIPULATION EVERYWHERE!!!  

Or it could just be: volume was low for a while. now it is high again. normally volume gets high when price moves.

But, yes, "insider trading" is more likely

 Roll Eyes Roll Eyes Roll Eyes
Ultraviolet
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May 24, 2013, 04:51:29 PM
 #10686

There is no reason for the sudden and dramatic rise in volume. Insider trading? Very possible that some traders have become aware of impending negative news regarding gox and want coins off the exchange. We've been on the edge since the Dwolla news.

I seriously doubt the coin exodus is still happening this long after the Dwolla news. The pattern it's following from 125-130+ is the same it followed from 115-120+. When the big players want to move the market, volume moves with it. When the big players don't move the market, volume stagnates.  
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May 24, 2013, 04:51:32 PM
 #10687

131...

Three minutes later:

131.999...
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May 24, 2013, 04:52:48 PM
 #10688

Whew BTC is looking so strong these days. No stopping this mega-Titan.
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May 24, 2013, 04:53:39 PM
 #10689

I think were done for today. Or maybe even the weekend. That would be fine with me. Lets not get over excited. That usually results in a crash.

I don't think the action is over for today. mt.gox appears just about ready to retest 130 again (and will most likely fail once more - still about 5000BTC there).


YeH, probably not the action itself but i can see it stay around 129 for a few days. But i can also see myself veing wrong Wink

Eh, I was half right at least. I will take what I can get.

It's great to be able to watch this live if you were already all in before it started.  Grin
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May 24, 2013, 04:55:30 PM
 #10690

Eh, I was half right at least. I will take what I can get.

It's great to be able to watch this live if you were already all in before it started.  Grin

*lol* Totally. Went all BTC and just got a snack and put the ticker up on the tv screen in the living room. Candy from a baby.
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May 24, 2013, 04:55:34 PM
 #10691

thoughtfan
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May 24, 2013, 05:00:04 PM
 #10692

I think were done for today. Or maybe even the weekend. That would be fine with me. Lets not get over excited. That usually results in a crash.

I don't think the action is over for today. mt.gox appears just about ready to retest 130 again (and will most likely fail once more - still about 5000BTC there).


YeH, probably not the action itself but i can see it stay around 129 for a few days. But i can also see myself veing wrong Wink

Eh, I was half right at least. I will take what I can get.

It's great to be able to watch this live if you were already all in before it started.  Grin

That's why I'm all in since a good couple of months now!  It was a bit painful to see the massive drop especially as I'd been selling some bitcoin for a friend at £168 but although I could in principle have doubled my bitcoins had my timing been perfect life is a lot less stressful with the decision already made.   And at least I don't get the 'doh, I've missed the boat' feeling at times like this Smiley
Coinseeker
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May 24, 2013, 05:00:46 PM
 #10693

132 wall just vanished! 
nagnagnag2
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May 24, 2013, 05:01:03 PM
 #10694

We passed 100 EURO!

19:01:17 100.00000   1064.19292909
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May 24, 2013, 05:01:15 PM
 #10695

Can you believe Mtgox still didn't fix their shit?
How is that even possible?
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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May 24, 2013, 05:01:50 PM
 #10696

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May 24, 2013, 05:02:11 PM
 #10697

I think were done for today. Or maybe even the weekend. That would be fine with me. Lets not get over excited. That usually results in a crash.

I don't think the action is over for today. mt.gox appears just about ready to retest 130 again (and will most likely fail once more - still about 5000BTC there).


YeH, probably not the action itself but i can see it stay around 129 for a few days. But i can also see myself veing wrong Wink

Eh, I was half right at least. I will take what I can get.

It's great to be able to watch this live if you were already all in before it started.  Grin

That's why I'm all in since a good couple of months now!  It was a bit painful to see the massive drop especially as I'd been selling some bitcoin for a friend at £168 but although I could in principle have doubled my bitcoins had my timing been perfect life is a lot less stressful with the decision already made.   And at least I don't get the 'doh, I've missed the boat' feeling at times like this Smiley

it has been fun to watch all the skeptical people about bitcoin lately.
anyway, our forecast is fully on track and subscribers know it
let the BITBEARS say what they want..
Ultraviolet
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May 24, 2013, 05:02:55 PM
 #10698

Can you believe Mtgox still didn't fix their shit?
How is that even possible?

Humans tend to be complacent, greedy assholes when nothing is around to make them feel as if they have to do better for their self interest.

In summary, it's because Gox has no real competition, so they're content to just do whatever since there's no reckoning to face if they do poorly.
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May 24, 2013, 05:04:15 PM
 #10699

Watching this thing attempt to go over 132 is like watching the birth of a baby.


PUUUUSH! Cmon' PUUUUUUUUUUUUUUUSSSSHHHHHHH!!!!
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May 24, 2013, 05:06:30 PM
 #10700

Can you believe Mtgox still didn't fix their shit?
How is that even possible?

bitstamp is still working beautifully.

But Mt.Gox just proved that it still is most definitely the price leader - all the other exchanges, including bitstamp, are just following, and lagging behind while doing so. Mt.Gox is back to having up to 10 times the volume than bitstamp a.t.m.
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