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

[phatsphere]

::snoring::



… in one week.

[1714963290]

1714963290

[1714963290]

1714963290

[ChartBuddy]

[Tzupy]

Situation looks to me similar to the one on July 1st, just before the big drops from 95 to 67.
If it repeats, we might see the price dropping to the 80s. But on the short term, someone is trying to pump up the price,
maybe hoping to trigger a mini-rally. We'll see in a couple of days which way we go.
Of course, if Fort Gox sorts out the $ withdrawals (unlikely though), the price could drop to the 50s.

[ChartBuddy]

[Tzupy]

So, which sub wave is this?

The sub-wave of 9th august clearly looked like a descending one, while on the 10th it was undefined.
My guess is that we still have a slight upward trend due to the BTC withdrawals from Fort Gox, and
this interferes with the waves, making the weaker ones difficult to recognize. We'll know for sure in 2 days.

PS. In 2 days we should know for sure if we are now in wave B of the corrective trend, and moving into wave C.

[ChartBuddy]

[ChartBuddy]

[byronbb]

Situation looks to me similar to the one on July 1st, just before the big drops from 95 to 67.
If it repeats, we might see the price dropping to the 80s. But on the short term, someone is trying to pump up the price,
maybe hoping to trigger a mini-rally. We'll see in a couple of days which way we go.
Of course, if Fort Gox sorts out the $ withdrawals (unlikely though), the price could drop to the 50s.

There is a very staggered million dollar buy at $92-$90 that appears to belong to a single buyer.

[ChartBuddy]

[DaSheep]

Situation looks to me similar to the one on July 1st, just before the big drops from 95 to 67.
If it repeats, we might see the price dropping to the 80s. But on the short term, someone is trying to pump up the price,
maybe hoping to trigger a mini-rally. We'll see in a couple of days which way we go.
Of course, if Fort Gox sorts out the $ withdrawals (unlikely though), the price could drop to the 50s.

ya, looks like he got some serious USD firepower but he screwed up a few times today..
anyway, i'll keep throwing coins on him

[ChartBuddy]

[ardana123]

11 dollars, it's ripe for the taking

question is, who's gonna take it?

[solex]

who knows

i think 3-6 months is about right, they have been processing.... maybe if mtgox works really really hard they can get it cut down to 6-9months  

I am not convinced that any USD wires are leaving gox. The last one seems to have been to user episking who ordered the fiat on July 4 and received it 3 weeks later.
No one has evidenced a later one.
https://bitcointalk.org/index.php?topic=251895.msg2779764#msg2779764

Other currencies are still tricking out at snail pace.

[ChartBuddy]

[ChartBuddy]

[adamstgBit]

There is a very staggered million dollar buy at $92-$90 that appears to belong to a single buyer.

[adamstgBit]

Due to a serious flaw in Android, all users of Android-based wallets must take immediate action. More info

[adamstgBit]

paper wallets!  2 factor auth! 

[byronbb]

Does anyone know when this gox/bitstamp et al. arb started?

[Its About Sharing]

Does anyone know when this gox/bitstamp et al. arb started?

How many sites do you guys know of regarding paper wallets?
I know https://www.bitaddress.org/
https://bitcoinpaperwallet.com/

Any other favorites?