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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26380816 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.)
bad trader
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May 12, 2015, 08:43:44 PM

The GBTC market closed at 50 dollars per share with volume of 2756 shares (less than 275 bitcoins).



The volume was lower than Thursday's 2844. It remains to be seen if Friday's high volume was an anomaly.

The GBTC market closed at 49 dollars per share with volume of 2286 shares (less than 225 bitcoins).

The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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Cconvert2G36
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May 12, 2015, 08:48:20 PM

If anyone else is bored sick of this chart doing its best impression of hardwood lumber...

I found this the other night, great read. Also serves as a nice inoculation against flirting around with the altcoin markets.

https://bitcointalk.org/index.php?topic=1032166.msg11314634#msg11314634
Wandererfromthenorth
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May 12, 2015, 08:57:05 PM

If anyone else is bored sick of this chart doing its best impression of hardwood lumber...

I found this the other night, great read. Also serves as a nice inoculation against flirting around with the altcoin markets.

https://bitcointalk.org/index.php?topic=1032166.msg11314634#msg11314634
ChartBuddy
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May 12, 2015, 08:57:55 PM

Coin
Explanation
Andre#
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May 12, 2015, 09:01:35 PM

The GBTC market closed at 50 dollars per share with volume of 2756 shares (less than 275 bitcoins).



The volume was lower than Thursday's 2844. It remains to be seen if Friday's high volume was an anomaly.

The GBTC market closed at 49 dollars per share with volume of 2286 shares (less than 225 bitcoins).




Bitcoin is dying! The bears where right. Double digits came faster than anyone expected!  Grin
YourMother
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May 12, 2015, 09:02:30 PM

If anyone else is bored sick of this chart doing its best impression of hardwood lumber...

I found this the other night, great read. Also serves as a nice inoculation against flirting around with the altcoin markets.

https://bitcointalk.org/index.php?topic=1032166.msg11314634#msg11314634

Good read, but the original thread is here

https://bitcointalk.org/index.php?topic=896480.0

I've been through the majority of those scams, trying to convince the newbies not to invest, but they never listened Smiley Thousands upon thousands of bitcoins were redirected from the pockets of the greedy dumb newbies into the hands of the whales that were manipulating the entire scene. The business was booming in 2014, not so much now, though. The death of Mintpal also had a huge effect on the scamcoin market.  
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May 12, 2015, 09:04:44 PM

One thing to be sure about regarding the NASDAQ Stockholm Bitcoin launch next week is that no one will be selling coins there in the start, because it's not possible.


 Wink
atlosas
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May 12, 2015, 09:10:28 PM

The price is consolidating. I think in 24 hours we will see a move. No idea up or down and i am not even guessing, just reacting to the market.
bad trader
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May 12, 2015, 09:12:42 PM

One thing to be sure about regarding the NASDAQ Stockholm Bitcoin launch next week is that no one will be selling coins there in the start, because it's not possible.
That sound just like GBTC. What do you mean exactly?
ricmi
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May 12, 2015, 09:13:09 PM

KnC is sitting on so many coins that they had to find new way to dump them. And they called it NASDAQ.

There is no depth on other exchanges and after all they are still in the business of mining & dumping.
Cconvert2G36
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May 12, 2015, 09:20:37 PM

If anyone else is bored sick of this chart doing its best impression of hardwood lumber...

I found this the other night, great read. Also serves as a nice inoculation against flirting around with the altcoin markets.

https://bitcointalk.org/index.php?topic=1032166.msg11314634#msg11314634

Good read, but the original thread is here

https://bitcointalk.org/index.php?topic=896480.0

I've been through the majority of those scams, trying to convince the newbies not to invest, but they never listened Smiley Thousands upon thousands of bitcoins were redirected from the pockets of the greedy dumb newbies into the hands of the whales that were manipulating the entire scene. The business was booming in 2014, not so much now, though. The death of Mintpal also had a huge effect on the scamcoin market.  

Ah, thanks.

The post history definitely didn't match well. And now I know why. The command of the written word reminds me of someone...  Undecided Grin
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May 12, 2015, 09:23:00 PM

The price is consolidating. I think in 24 hours we will see a move. No idea up or down and i am not even guessing, just reacting to the market.

I think it will go down lower.
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May 12, 2015, 09:23:59 PM

The price is consolidating. I think in 24 hours we will see a move. No idea up or down and i am not even guessing, just reacting to the market.

I think it will go down lower.

Considering its track record in recent months that's a solid assertion. One day, though. One day...
HI-TEC99
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May 12, 2015, 09:28:11 PM

If anyone else is bored sick of this chart doing its best impression of hardwood lumber...

I found this the other night, great read. Also serves as a nice inoculation against flirting around with the altcoin markets.

https://bitcointalk.org/index.php?topic=1032166.msg11314634#msg11314634

Good read, but the original thread is here

https://bitcointalk.org/index.php?topic=896480.0

I've been through the majority of those scams, trying to convince the newbies not to invest, but they never listened Smiley Thousands upon thousands of bitcoins were redirected from the pockets of the greedy dumb newbies into the hands of the whales that were manipulating the entire scene. The business was booming in 2014, not so much now, though. The death of Mintpal also had a huge effect on the scamcoin market.  

After reading your post it occurred to me that the fat blob con artist who ran Mintpal could conceivably have been behind many of the scam coins it listed. I assumed he only got away with the Bitcoins he stole from peoples accounts, but he could have ripped people off for far more if he was a "dev" behind multiple coins. We always had to trust Mintpal's voting system fairly decided which coin to list next, but it might have been fixed
Norway
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May 12, 2015, 09:31:32 PM

One thing to be sure about regarding the NASDAQ Stockholm Bitcoin launch next week is that no one will be selling coins there in the start, because it's not possible.
That sound just like GBTC. What do you mean exactly?
I wasn't really sure if ejinte was joking. AFAIK, XBT Provider can issue as many shares/notes they want and back it up with bitcoin bought from different exchanges.
gentlemand
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Welt Am Draht


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May 12, 2015, 09:32:41 PM


After reading your post it occurred to me that the fat blob con artist who ran Mintpal could conceivably have been behind many of the scam coins it listed. I assumed he only got away with the Bitcoins he stole from peoples accounts, but he could have ripped people off for far more if he was a "dev" behind multiple coins. We always had to trust Mintpal's voting system fairly decided which coin to list next, but it might have been fixed

Wasn't he a relatively recent arrival though? I remember Mintpal being a fine exchange once upon a time. If I remember rightly Mintpal con boy's notoriety started with Doge. The creator of that may have turned out to be a shrill knob, but he wasn't a con artist or that guy.
bad trader
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May 12, 2015, 09:32:44 PM

The price is consolidating. I think in 24 hours we will see a move. No idea up or down and i am not even guessing, just reacting to the market.
This seems to be the triangle, more or less.

OKCoin:

I think the triangle is still more or less the triangle.

Bitfinex:


OKCoin:
HI-TEC99
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May 12, 2015, 09:46:31 PM


After reading your post it occurred to me that the fat blob con artist who ran Mintpal could conceivably have been behind many of the scam coins it listed. I assumed he only got away with the Bitcoins he stole from peoples accounts, but he could have ripped people off for far more if he was a "dev" behind multiple coins. We always had to trust Mintpal's voting system fairly decided which coin to list next, but it might have been fixed

Wasn't he a relatively recent arrival though? I remember Mintpal being a fine exchange once upon a time. If I remember rightly Mintpal con boy's notoriety started with Doge. The creator of that may have turned out to be a shrill knob, but he wasn't a con artist or that guy.

This thread dated July 28 says Mintpal had been sold to Moolah. The Moolah owner seems to have disappeared in October, which gave him two months to do anything he liked. I remember the switch to the new v2 website took a long time and was a total disaster, but he must have had a window of time in which he could have listed some of his own scam coins.

https://bitcointalk.org/index.php?topic=714650.0
ChartBuddy
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May 12, 2015, 09:57:51 PM

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luigi1111
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May 12, 2015, 10:16:43 PM


After reading your post it occurred to me that the fat blob con artist who ran Mintpal could conceivably have been behind many of the scam coins it listed. I assumed he only got away with the Bitcoins he stole from peoples accounts, but he could have ripped people off for far more if he was a "dev" behind multiple coins. We always had to trust Mintpal's voting system fairly decided which coin to list next, but it might have been fixed

Wasn't he a relatively recent arrival though? I remember Mintpal being a fine exchange once upon a time. If I remember rightly Mintpal con boy's notoriety started with Doge. The creator of that may have turned out to be a shrill knob, but he wasn't a con artist or that guy.

This thread dated July 28 says Mintpal had been sold to Moolah. The Moolah owner seems to have disappeared in October, which gave him two months to do anything he liked. I remember the switch to the new v2 website took a long time and was a total disaster, but he must have had a window of time in which he could have listed some of his own scam coins.

https://bitcointalk.org/index.php?topic=714650.0

http://siliconangle.com/blog/2015/02/23/mintpal-scammer-ryan-kennedy-arrested-in-u-k-over-theft-of-3700-bitcoins/
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