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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26387644 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. (174 posts by 3 users with 9 merit deleted.)
gizmoh
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July 04, 2013, 07:16:37 AM
 #20821

Dear Whales, you can now cash out:

https://mtgox.com/press_release_20130704.html

ElectricMucus
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Marketing manager - GO MP


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July 04, 2013, 07:16:56 AM
 #20822

ASICminer did very well for all its shareholders

im kicking myself for not buying in with my friend when it ipo'ed

Don't, at the time there was a grand chance they'd just run with the money and never do anything. Investors who took that risk got compensated.
Ivanhoe
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July 04, 2013, 07:21:09 AM
 #20823

Someone just bought a lot of coin.

Seems a least someone in Bitcoin land has some balls.
bitcodo
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July 04, 2013, 07:21:24 AM
 #20824

So the lag is because of new trading engine?
naima53
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July 04, 2013, 07:22:24 AM
 #20825

Dear Whales, you can now cash out:

https://mtgox.com/press_release_20130704.html


And buy cheap coins on socks puppet exchangers.  Tongue Tongue Tongue
Rampion
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July 04, 2013, 07:23:31 AM
 #20826

LOL, MtGox mentions "a bumpy road" in their press release, that made me laugh hard.

Anyhow, I guess these are good news for their US customers.

About price action, it's been very fun indeed. Going quicker than i expected and with no support at all at crucial points.

I had a bid at $71ish, it didn't got filled for a few cents, I'm pulling it as I missed the bounce. Next stop, the $60s. Gotta love the cheap coins.

BTW: Shroomskit, did you sell yet?
bitcodo
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July 04, 2013, 07:25:01 AM
 #20827

Time for another short, or is it going to bounce higher?
Jozzaboy
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July 04, 2013, 07:25:41 AM
 #20828

Time for another short, or is it going to bounce higher?

Europeans are waking up to good news from Gox, expect a short rally.
Rampion
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July 04, 2013, 07:27:30 AM
 #20829

ASICminer did very well for all its shareholders

im kicking myself for not buying in with my friend when it ipo'ed

Don't, at the time there was a grand chance they'd just run with the money and never do anything. Investors who took that risk got compensated.

Well, in February, when they started deploying, their shares were traded at only 0.3BTC. I over negotiated with a couple of members (I wanted to buy at 0.22BTC), and at the end I didnt buy because x3 the IPO price seemed "a tad much" to me.

That was just before the first dividend, but after they deployed the first 6TH/s. in that moment buying was not so risky but still I passed Sad
hyphymikey
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July 04, 2013, 07:28:29 AM
 #20830

Somebody blowing through some fiat!! Or just buying back in  Wink
Rampion
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July 04, 2013, 07:29:56 AM
 #20831

Time for another short, or is it going to bounce higher?

Europeans are waking up to good news from Gox, expect a short rally.

Really man, do you think especially Europeans or traders in general give a shit about that "news"?

In any case, what will happen is that now US people will hurry to send their coins to Gox in order to exchange them for fiat and try Gox's new "withdrawal skills"
Jozzaboy
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July 04, 2013, 07:30:22 AM
 #20832

Time for another short, or is it going to bounce higher?

Europeans are waking up to good news from Gox, expect a short rally.

I haven't been able to do this in a while so.......

I told you so  Cool
vokain
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July 04, 2013, 07:33:51 AM
 #20833

Time for another short, or is it going to bounce higher?

Europeans are waking up to good news from Gox, expect a short rally.

Really man, do you think especially Europeans or traders in general give a shit about that "news"?

In any case, what will happen is that now US people will hurry to send their coins to Gox in order to exchange them for fiat and try Gox's new "withdrawal skills"

we already know they still can't handle the volume of withdrawals. this is contrasted to two weeks ago when they couldn't process them at all. progress!
rezurect
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July 04, 2013, 07:38:18 AM
 #20834

gox release followed by a rally from 75 to 80. well timed bull trap.
my call back to 73 in minutes.
Jozzaboy
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July 04, 2013, 07:39:44 AM
 #20835

Wallzirra'!!!!

Its About Sharing
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July 04, 2013, 07:40:08 AM
 #20836

LOL, MtGox mentions "a bumpy road" in their press release, that made me laugh hard.

Anyhow, I guess these are good news for their US customers.

About price action, it's been very fun indeed. Going quicker than i expected and with no support at all at crucial points.

I had a bid at $71ish, it didn't got filled for a few cents, I'm pulling it as I missed the bounce. Next stop, the $60s. Gotta love the cheap coins.

BTW: Shroomskit, did you sell yet?

He is still on a protest against Blitz.

The market on Bitstamp is very thin, too dangerous to trade. You almost need a $10 movement to make $6. Too high a premium and just not worth the chance.
Coincidence - As I uploaded the pic, the password on tinypic was "total shamble"! I'll take that as a sign and stay out - Thanks Universe...

Ares
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July 04, 2013, 07:41:40 AM
 #20837

gox release followed by a rally from 72 to 80. well timed bull trap.

It doesn't seem to make sense. All this update did was say that it's not safe to sell your Bitcoins on Mt.Gox which should lead to a lot of people who were holding out to now say "k, now it's safe to cash out" and dump.

This seems like a bull trap founded in an irrational understanding of the press release.
bitcodo
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July 04, 2013, 07:47:04 AM
 #20838

Time for another short, or is it going to bounce higher?

Europeans are waking up to good news from Gox, expect a short rally.

I haven't been able to do this in a while so.......

I told you so  Cool

Maybe with this  

 it is safer.

Anything's Possible

EDIT: Lag is annoying!
rezurect
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July 04, 2013, 07:47:39 AM
 #20839

I had a bid at $71ish, it didn't got filled for a few cents,
Sharing your bad luck.
Its About Sharing
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July 04, 2013, 07:49:33 AM
 #20840

gox release followed by a rally from 72 to 80. well timed bull trap.

It doesn't seem to make sense. All this update did was say that it's not safe to sell your Bitcoins on Mt.Gox which should lead to a lot of people who were holding out to now say "k, now it's safe to cash out" and dump.

This seems like a bull trap founded in an irrational understanding of the press release.

Same thing as the other "rallies" - Look at the volume. There was a bit more there but they were sold into at the top. Way too big of a chance to buy in now.

New wall of 3000 up at 80, someone wants this down and has for a while. And 3000 on the ask takes us to 74...
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