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

[ChartBuddy]

[1714575262]

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[1714575262]

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[Rampion]

▼ mtgoxUSD    95.7259
▼ bitstampUSD    89.0500
▼ btceUSD    89.9860

It's interesting that the other exchanges are consistently trading lower than MtGox's low of 92. This has been going on for over a week now, so apparently there is still no efficient way to arbitrage it.

people are waiting to get their money out of gox so they can deposit it on the other exchanges.

But it's only a USD issue, why wouldn't they be taking EUR or YEN?

gox only does usd and euro? besides sepa transfers take like a month on gox

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

Gox has tens of thousands of customers, if all the SEPA transfers had such delays we would see a shitstorm going on in these forums, while we still have $11M on Gox order book and trading goes on despite the low volume. Following my own personal experience, the delays are an exception, and I think if they weren't we would see panic, which we are not seeing

oh boy, you're so full of shit 

Why? I'm sharing with you my own personal experience.

[Rampion]

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

You are a very lucky man then, i'm still waiting after 7 days for a little SEPA transfer (3 figures), and last time they told me i should wait for longer than a month (back in may).

Smallish withdrawals took 7/10 days to arrive to my account pre-bubble, whie now it looks like the bigger the withdrawals I request, the quicker they arrive to my account. Funny.

Anyhow, Gox is shitty for trading and its management is amateurish, but I have to say in their defense that they never crapped on me regarding withdrawals. I have no complain in that sense.

[gandhibt]

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

You are a very lucky man then, i'm still waiting after 7 days for a little SEPA transfer (3 figures), and last time they told me i should wait for longer than a month (back in may).

Smallish withdrawals took 7/10 days to arrive to my account pre-bubble, whie now it looks like the bigger the withdrawals I request, the quicker they arrive to my account. Funny.

Anyhow, Gox is shitty for trading and its management is amateurish, but I have to say in their defense that they never crapped on me regarding withdrawals. I have no complain in that sense.

This may be, I also am waiting smaller withdrawal that I did last Sunday. It says on their website that it can take up to 3 weeks with SEPA.

The Plan is: Buy back at 80-85, then sell at 90-95 and then weeee. (Only with trading money, big portion of BTC is on safe.)

[ChartBuddy]

[tarmi]

seems like the sunday morning dumper is not dumping anymore. 

[ChartBuddy]

[Spaceman_Spiff]

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

Gox has tens of thousands of customers, if all the SEPA transfers had such delays we would see a shitstorm going on in these forums, while we still have $11M on Gox order book and trading goes on despite the low volume. Following my own personal experience, the delays are an exception, and I think if they weren't we would see panic, which we are not seeing

oh boy, you're so full of shit 

Why? I'm sharing with you my own personal experience.

Then you are a privileged customer, I am already waiting for a month and a half for my last withdrawal, still hasn't arrived.

[wonkytonky]

seems like the sunday morning dumper is not dumping anymore. 

it's never to late to dump

though i hope not.. i'm full in btc lol but i'm not going to sell anyways..  even if price goes down 10$ i'm happy with what i have now.. and price will rise over 100$ again. at some point.  so i'm just buying more on the way down if it goes down more.

[Rampion]

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

Gox has tens of thousands of customers, if all the SEPA transfers had such delays we would see a shitstorm going on in these forums, while we still have $11M on Gox order book and trading goes on despite the low volume. Following my own personal experience, the delays are an exception, and I think if they weren't we would see panic, which we are not seeing

oh boy, you're so full of shit 

Why? I'm sharing with you my own personal experience.

Then you are a privileged customer, I am already waiting for a month and a half for my last withdrawal, still hasn't arrived.

I wonder why some wires go through so fast, while others not. Puzzling.

BTW, I'm fully verified including notarized docs sent by regular post.

[Spaceman_Spiff]

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

Gox has tens of thousands of customers, if all the SEPA transfers had such delays we would see a shitstorm going on in these forums, while we still have $11M on Gox order book and trading goes on despite the low volume. Following my own personal experience, the delays are an exception, and I think if they weren't we would see panic, which we are not seeing

oh boy, you're so full of shit 

Why? I'm sharing with you my own personal experience.

Then you are a privileged customer, I am already waiting for a month and a half for my last withdrawal, still hasn't arrived.

I wonder why some wires go through so fast, while others not. Puzzling.

BTW, I'm fully verified including notarized docs sent by regular post.

I'm verified, but not "Trusted" (with the notarized docs), maybe that makes a difference. 

[wonkytonky]

i'm just guessing but big numbers will probably get some higher priority..
then a  1k$ withdraw.

it would make sense .  keep big customers happy..

[ChartBuddy]

[tarmi]

seems like the sunday morning dumper is not dumping anymore. 

it's never to late to dump

though i hope not.. i'm full in btc lol but i'm not going to sell anyways..  even if price goes down 10$ i'm happy with what i have now.. and price will rise over 100$ again. at some point.  so i'm just buying more on the way down if it goes down more.

i hope we will hit bottom sooner rather then later.

[Its About Sharing]

I want to say there is a bounce coming as things are oversold, but divergences with volume and price are pretty reliable indicators so far. (And even if we bounce, the more time we spend below 100 the more it acts as resistance imo.)

Look at what happens when we go up on lower volume than the day before. It is a KEY sign in trading, quite reliable most of the time.

Let's see how today plays out but I'm still guessing down from here over the next few days:

[ardana123]

gonna try and get an answer here...

Is it possible to withdraw euros to a european bank account via international wire transfer on Gox? I don't want to wait 5 weeks on a SEPA transfer... Also, what are the fees for this if it's possible, i know there's the 2000yen fee gox charges but what else?

Right now my fiat is in USD on Gox. I suppose it would be cheaper to first convert my fiat to bitcoins and then sell them for euros? In order to avoid the conversion fees the banks would otherwise charge.

[Dalib]

I want to say there is a bounce coming as things are oversold, but divergences with volume and price are pretty reliable indicators so far. (And even if we bounce, the more time we spend below 100 the more it acts as resistance imo.)

Look at what happens when we go up on lower volume than the day before. It is a KEY sign in trading, quite reliable most of the time.

Let's see how today plays out but I'm still guessing down from here over the next few days:

I can only agree.

Is there such a day minitriangl (orange and dark green).

But even if the daily trend continued up, too much Asks is over $ 100.

We may see some side movement on the support line, but sooner or later, probably we will further decline.

Meanwhile I also do not see much chance for bouncing up through the downtrend line.

[4mherewego]

http://www.youtube.com/watch?v=UtKADQnjQmc

[smoothie]

hurry up and sell people's before you can't sell that these low prices. 

[arklan]

hurry up and sell people's before you can't sell that these low prices. 

quiet you!