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Question: When ATH?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24613370 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. (153 posts by 40 users deleted.)
bzzard
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April 27, 2013, 09:41:26 PM
 #2021

What is with those weird big dump/buy patterns going on every so often?  Is that just someone strategically clearing around the strike price?



I've been wondering, too.

Attempts to trigger stops? Attempts to stop downward trend? rpietila?

I don't know. comments?

Maybe someone wants to avoid panic, but still want to proice to go down. Just not too fast - controlled demolition
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April 27, 2013, 09:43:26 PM
 #2022

What is with those weird big dump/buy patterns going on every so often?  Is that just someone strategically clearing around the strike price?



I've been wondering, too.

Attempts to trigger stops? Attempts to stop downward trend? rpietila?

I don't know. comments?

Maybe someone wants to avoid panic, but still want to proice to go down. Just not too fast - controlled demolition

Just 2 occurences? Wait for more to call controlled demolition. But the similarities are intriguing
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April 27, 2013, 09:44:56 PM
 #2023

Interesting ask wall at BTC/SLL
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April 27, 2013, 09:57:13 PM
 #2024

Getting back off-topic: we do need a friendlier name for mBTC: millibitcoin sounds so clunky and jargonistic.

Maybe just a 'bit'? 1 Bitcoin= 1,000 bits perhaps. 3 bits for a coffee.
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April 27, 2013, 09:58:48 PM
 #2025

Getting back off-topic: we do need a friendlier name for mBTC: millibitcoin sounds so clunky and jargonistic.

Bitmill?
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April 27, 2013, 10:07:16 PM
 #2026

Bitcent sounds more intuitive to me to describe 0.001 bitcoin.
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April 27, 2013, 10:09:18 PM
 #2027

Bitcent sounds more intuitive to me to describe 0.001 bitcoin.

eh, think about it again..
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April 27, 2013, 10:11:20 PM
 #2028

Yeah, something that already exists and is inclusive anyway Smiley Perhaps even skip a decimal place, go 10,000ths of a Bitcoin is an X, which in turn is equal to 10,000 Satoshi?
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April 27, 2013, 10:11:23 PM
 #2029

Bitcent sounds more intuitive to me to describe 0.001 bitcoin.

https://en.wikipedia.org/wiki/Metric_prefix
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April 27, 2013, 10:12:18 PM
 #2030

Bitcent sounds more intuitive to me to describe 0.001 bitcoin.

Bitcent gives you a full mouth. How about bent haha

To be honest I like bits and its so uncreative so thats prob what everyone will call it.

Bitcoins, bits and satoshis.
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April 27, 2013, 10:15:38 PM
 #2031

Here guys:
https://bitcointalk.org/index.php?topic=16223.0
https://bitcointalk.org/index.php?topic=27663.0
https://bitcointalk.org/index.php?topic=158638.0
https://bitcointalk.org/index.php?topic=165583.0
https://bitcointalk.org/index.php?topic=152274.0
https://bitcointalk.org/index.php?topic=126798.0
https://bitcointalk.org/index.php?topic=14438.0
https://bitcointalk.org/index.php?topic=165989.0
https://bitcointalk.org/index.php?topic=167639.0
https://bitcointalk.org/index.php?topic=86894.0


That's just a selection from the first page of search results for millbit.

Now back to charts.
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April 27, 2013, 10:16:13 PM
 #2032

As far as I'm concerned I'd love if it would bounce between 120-135 each few hours forever Smiley

Nothing better than sell 10-15$ above the price you bought, it's each lazy man's dream Smiley
But right now it's just gradually heading down. I've tried day trading today and been burnt because of the general downwards trend.
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April 27, 2013, 10:17:48 PM
 #2033

Bitcent sounds more intuitive to me to describe 0.001 bitcoin.

https://en.wikipedia.org/wiki/Metric_prefix

Ok remove a zero then, what's the difference. Tongue
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April 27, 2013, 10:26:38 PM
 #2034

As far as I'm concerned I'd love if it would bounce between 120-135 each few hours forever Smiley

Nothing better than sell 10-15$ above the price you bought, it's each lazy man's dream Smiley
But right now it's just gradually heading down. I've tried day trading today and been burnt because of the general downwards trend.

Try to catch it next time. And if you are late better don't buy then to buy at top or near it.
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April 27, 2013, 10:31:17 PM
 #2035

As far as I'm concerned I'd love if it would bounce between 120-135 each few hours forever Smiley

Nothing better than sell 10-15$ above the price you bought, it's each lazy man's dream Smiley
But right now it's just gradually heading down. I've tried day trading today and been burnt because of the general downwards trend.

Try to catch it next time. And if you are late better don't buy then to buy at top or near it.

Today was not a day for day trading IMO, unless you were very quick and/or very lucky

there was one dip that could be used, I've bought some as low as below 123. And it immediately bounced to 133 for minute or two. Pretty similar as yesterday though yesterday went as high as 144-145 after crash and stayed at middle 130s for hours.
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April 27, 2013, 10:38:27 PM
Last edit: April 28, 2013, 11:39:38 AM by Aido
 #2036

Hows about:

   Bitcoin         = Bits   = 1 unit
   Bitcent or cents   = cBits   = 0.01 units
   Bitmills or mills      = mBits   = 0.001 units
   Bitmics or mics      = μBits   = 0.000001 units
   Satoshi or sats            = 0.00000001 units
   Bitnans or nans   = nBits   = 0.000000001 units (for when 1 Bitcoin = 1 Mega dollar or BTC1 = M$1 = $1,000,000)
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April 27, 2013, 10:54:18 PM
 #2037


there was one dip that could be used, I've bought some as low as below 123. And it immediately bounced to 133 for minute or two.

On mTGox yes ... not on BitStamp  

QED ... you had a 2 minute window  Cheesy

EDIT : I think there were 2 two minute windows today ! 2 minutes might even be stretching it a bit ! Well done if you caught either of them. Me ... I did nothing.



Missed much better window yesterday but caught this one, though not with volume I wish I did.
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April 27, 2013, 11:01:29 PM
 #2038

Missed much better window yesterday but caught this one, though not with volume I wish I did.

Be happy that you caught it at all  Wink


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April 27, 2013, 11:05:51 PM
 #2039


there was one dip that could be used, I've bought some as low as below 123. And it immediately bounced to 133 for minute or two.

On mTGox yes ... not on BitStamp  

QED ... you had a 2 minute window  Cheesy

EDIT : I think there were 2 two minute windows today ! 2 minutes might even be stretching it a bit ! Well done if you caught either of them. Me ... I did nothing.



Missed much better window yesterday but caught this one, though not with volume I wish I did.
Yep I'm on Bitstamp too and saw that quick drop and rise...on MtGox. Timed it well on Bitstamp but there just wasn't any money to be made there.

Best I've done today is just now sold for 129 when I bought for 127...nothing special at all.
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April 27, 2013, 11:10:18 PM
 #2040


there was one dip that could be used, I've bought some as low as below 123. And it immediately bounced to 133 for minute or two.

On mTGox yes ... not on BitStamp  

QED ... you had a 2 minute window  Cheesy

EDIT : I think there were 2 two minute windows today ! 2 minutes might even be stretching it a bit ! Well done if you caught either of them. Me ... I did nothing.



Missed much better window yesterday but caught this one, though not with volume I wish I did.
Yep I'm on Bitstamp too and saw that quick drop and rise...on MtGox. Timed it well on Bitstamp but there just wasn't any money to be made there.

Best I've done today is just now sold for 129 when I bought for 127...nothing special at all.


Well atleast you did something in order to keep the fees down on Bitstamp. I sometimes do <2% profit trades just to keep the fees under .4%
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