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

[sidhujag]

The fuck is going on with the price im.hammered  I'm at the nas concert in downtown vancouver

Man his oldschool shit was the best.. Didnt know he came to van..

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[seljo]

Are there actually any trustworthy places to sell bitcoin outside of LBC these days?

I do that here bitkonan.com. My friendly neighborhood bitcoin exchange and they have an account in my bank so instant transfers.

[ChartBuddy]

Explanation

[JayJuanGee]

No Silkroad/Ulbricht coins will  NOT get auctioned before January( if ever)!!!!

http://www.coindesk.com/ross-ulbricht-silk-road-trial-january/

CHoooooo Chooooo

FIFY   - "Proper" case and everything.... You are welcome...    

[Thomas-s]

Here's a possible reversal pattern from this long downtrend with some support/resistance lines.



To validate the pattern and go up further we need to break through the top line on heavy volume, heavier than the previous 4 green candles. If the market is extra bullish, we are almost to the resistance point. However, we may visit support on the bottom line, which is around $340. So don't get your panties in a bunch if we head down--if the pattern holds true we will head back up before too long... if the buyers are there.

Am I the only one who sees an inverted head and shoulders pattern?

[hdbuck]

Here's a possible reversal pattern from this long downtrend with some support/resistance lines.



To validate the pattern and go up further we need to break through the top line on heavy volume, heavier than the previous 4 green candles. If the market is extra bullish, we are almost to the resistance point. However, we may visit support on the bottom line, which is around $340. So don't get your panties in a bunch if we head down--if the pattern holds true we will head back up before too long... if the buyers are there.

Am I the only one who sees an inverted head and shoulders pattern?

[ChartBuddy]

Explanation

[inca]

Looking to buy again next day or two. 3day MACD kept barely negative by the obvious selling yesterday. This weekend could be exciting. We may dip lower, or instead take out 4xx again and stairstep higher. If we go below 350 for any length of time I will just buy immediately. At this stage I am assuming we have bottomed at 275, with some pretty monumental support visible there. I suspect we have a few weeks at most before surging higher on high volume, leaving bears scratching their heads and remembering that little heard word on here, fundamentals.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[mmitech]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

[Thomas-s]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

Am I the only one who thinks that this is fishy as hell?
Feel like Stamp is pulling a Mt. Gox soon.

[siera]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

Am I the only one who thinks that this is fishy as hell?
Feel like Stamp is pulling a Mt. Gox soon.

Whats wrong with verification? Verify your account and you are ready to go.

[podyx]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

Am I the only one who thinks that this is fishy as hell?
Feel like Stamp is pulling a Mt. Gox soon.

You're saying that just because they don't wanna get in trouble with governments/banks, they have a coder whose completely incompetent?

Very interesting assumptions. You might wanna visit a therapist though

[ChartBuddy]

Explanation

[Totscha]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

Am I the only one who thinks that this is fishy as hell?
Feel like Stamp is pulling a Mt. Gox soon.

Yes, you're the only one. The rest of us are fine with verification. Take your money laundering elsewhere...

[Thomas-s]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

Am I the only one who thinks that this is fishy as hell?
Feel like Stamp is pulling a Mt. Gox soon.

You're saying that just because they don't wanna get in trouble with governments/banks, they have a coder whose completely incompetent?

Very interesting assumptions. You might wanna visit a therapist though

Alright, let's see what happens in the next few months.

[NotLambchop]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

Am I the only one who thinks that this is fishy as hell?
Feel like Stamp is pulling a Mt. Gox soon.

You're saying that just because they don't wanna get in trouble with governments/banks, they have a coder whose completely incompetent?

Very interesting assumptions. You might wanna visit a therapist though

We all agree then--Gox honestly lost money due to bad coding; nothing shady happened.
Correct?

[podyx]

BTW Bitstamp doesn't allow unverified accounts to trade at all, simply you cant trade you cant deposit and you cant withdraw before verifying, and if you had an account before the verification was required it just get blocked until you do so.

Am I the only one who thinks that this is fishy as hell?
Feel like Stamp is pulling a Mt. Gox soon.

You're saying that just because they don't wanna get in trouble with governments/banks, they have a coder whose completely incompetent?

Very interesting assumptions. You might wanna visit a therapist though

We all agree then--Gox honestly lost money due to bad coding; nothing shady happened.
Correct?

Valid point, and I also am of the opinion that Karpeles is chillin somewhere sunny with champagne on a $10 million boat
But it makes little to no sense how criminals would be allowed to launder money with no trouble just because they had an account BEFORE the verification was required as Thomas-s seem to imply as "not fishy". That, if anything would be fishy to me.
If you don't have a verified account, you shouldn't be allowed to deposit and withdraw. clean and clear

That said, I am about to move out of bitstamp with my funds too, after having more then 20 btc on there for over a year

[NotLambchop]

Oh, I'm not disagreeing with you.  Just the bit where Gox failed because of bad coding.