Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Frozenlock]

Everyone and his mother is long on Bitfinex. 

[NamelessOne]

I wish that wall at 115 would get removed.
People are willing to buy, the price wants to go up. Why sell at 115.

I'd imagine many people still believe we are in a general mid term downtrend even with long term still up. I too have this feeling. But the recent 2 weeks time out on USD wire transfers does make things odd.

[byronbb]

I wish that wall at 115 would get removed.
People are willing to buy, the price wants to go up. Why sell at 115.

Its interesting. Coins are fleeing gox but the asks are holding huge at 115-120. If they drop or get bought we could see a big rally.

[Frozenlock]

Again, anyone here bought today to leave MtGox?

[ChartBuddy]

[samson]

Again, anyone here bought today to leave MtGox?

Not me. I do have $10k sitting there due to a failed wire transfer attempt though.

[ShroomsKit]

Again, anyone here bought today to leave MtGox?

Me, at a nice 57 BTC profit since last time i sell.

I like the way people are leaving Gox.
Every time there is bad news some more people leave that site.
No panic, no price drop, just slowly Gox losing their big market share.

[fr33d0miz3r]

Again, anyone here bought today to leave MtGox?

I always buy BTC to leave mtgox and to withdraw money via BTC-E, because they still can withdraw to OKpay

[prof7bit]

{image}

Whatever this image is, it's being blocked by my company's web filter

You are supposed to work for your company and not browse the wall observer thread.

[Dalib]

I wish that wall at 115 would get removed.
People are willing to buy, the price wants to go up. Why sell at 115.

Its interesting. Coins are fleeing gox but the asks are holding huge at 115-120. If they drop or get bought we could see a big rally.

At this rate, we can see 115 tonight.
And then it was probably pretty fast at 118 - 119 

[adamstgBit]

6 business days left!  

[spooderman]

{image}

Whatever this image is, it's being blocked by my company's web filter

You are supposed to work for your company and not browse the wall observer thread.

maybe it's his lunch break? but thanks for giving your unbelievably warranted opinion.

a more genuine thanks for the heads up about the security issue with the pic btw:)

[ft73]

Hello everybody, just got back from work.

Ehm ... again BuyGox.com vs. BitDump.net?
Ok i'll have a beer.

 

Anyway. No dumping happening.

Gox 112$, Bitstamp 107$, almost the same price as btc-e, which is unusual.
People from GOx are selling (low) on Bitstamp? Maybe they fear Bitstamp locking withdtrawals too.

[Dalib]

Whatever this image is, it's being blocked by my company's web filter as a virus has been found on the website. Just so you know.

MAL/HTMLGen-A

this image is uploaded on "image hosting", your filter probably "does not like" these servers.

my AVG and Esset with the image no problem...

[thoughtfan]

Well if the theory of the gox price rising because of an exodus of btc in order to cash-out elsewhere has any merit then I guess people are using localbitcoins or some other service with a gox-linked price (or they're not in a hurry to convert back to USD) because it's certainly not driving the price down at bitstamp or elsewhere at the moment.  The proximity-to-gox is certainly a bigger percentage than average but there is no correlating down as of yet to gox's up.

[samson]

Well if the theory of the gox price rising because of an exodus of btc in order to cash-out elsewhere has any merit then I guess people are using localbitcoins or some other service with a gox-linked price (or they're not in a hurry to convert back to USD) because it's certainly not driving the price down at bitstamp or elsewhere at the moment.  The proximity-to-gox is certainly a bigger percentage than average but there is no correlating down as of yet to gox's up.

There's no real reason to sell while the price is rising.

[wonkytonky]

Well if the theory of the gox price rising because of an exodus of btc in order to cash-out elsewhere has any merit then I guess people are using localbitcoins or some other service with a gox-linked price (or they're not in a hurry to convert back to USD) because it's certainly not driving the price down at bitstamp or elsewhere at the moment.  The proximity-to-gox is certainly a bigger percentage than average but there is no correlating down as of yet to gox's up.

buy on bitstamp .. dump on gox  ahh i love this game

[Miz4r]

Gox 112$, Bitstamp 107$, almost the same price as btc-e, which is unusual.
People from GOx are selling (low) on Bitstamp? Maybe they fear Bitstamp locking withdtrawals too.

Same thing is happening after Dwolla news. Coins leaving Gox, price going up on Gox. Price suppressed on other exchanges but they will follow approximately $5 behind.

[Dalib]

6 business days left!  

yes, we need still about $ 10 a day  

[adamstgBit]

OT but click for a lol

http://youtu.be/89XjraBce9E?t=3m42s