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

[derpinheimer]

Yee Haw. Here we go.

Where are we going?

Not sure if serious, but up!

Also, another 1k buy.

Damn, this is hot

@Beta-Coiner1: You'd have loved seeing the 15k market sell a few months ago. I caught it live

--

Btw, asks have stopped appearing, for the most part. I mean, before they were sustaining a 50k ask sum despite buying pressure. It seems to have given up. The dam has broken.

[1714734895]

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[1714734895]

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[JimboToronto]

How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.

[markjamrobin]

How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.

People with large amounts of money can still withdraw?

[SheHadMANHands]

6k bitcoin scoop up on Gox in about 90 seconds.

lot of buyers looking to pick up now at 144/145 (or maybe just same guy)

[Walsoraj]

shit's gonna get real excited if we breach that 40,000 ask sum floor! 

[JimboToronto]

How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.

People with large amounts of money can still withdraw?

MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

[markjamrobin]

How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.

People with large amounts of money can still withdraw?

MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

Seems legit

[NamelessOne]

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.

[calian]

People with large amounts of money can still withdraw?

MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

I don't think that's still working. https://bitcointalk.org/index.php?topic=179586.msg3257717#msg3257717

[markjamrobin]

People with large amounts of money can still withdraw?

MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

I don't think that's still working. https://bitcointalk.org/index.php?topic=179586.msg3257717#msg3257717

Yikes! Because of the seizure?

[calian]

Still cheap bitcoins over at CampBX though. I'm surprised their volume hasn't increased much with them being the only method to buy BTC with Dwolla now.

[derpinheimer]

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.

Im getting so giddy thinking of breaking 150

I cant believe the price is already up $10 since I bought... almost sold at $140 too.

BTW guys, that whale was definitely watching this thread.

Look familiar, anyone?



Hint: That isnt todays, yesterdays, or last months chart

He saw that and realized what happened afterwards hehe

[yefi]

Is everybody asleep at Bitstamp?

[markjamrobin]

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.

Im getting so giddy thinking of breaking 150

I cant believe the price is already up $10 since I bought... almost sold at $140 too.

There is no real money at gox, people want out, and are willing to take a loss, because Gox may go. Bitstamp, is in my opinion, a more fair price indicator.

[ShroomsKit]

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.

Im getting so giddy thinking of breaking 150

I cant believe the price is already up $10 since I bought... almost sold at $140 too.

There is no real money at gox, people want out, and are willing to take a loss, because Gox may go. Bitstamp, is in my opinion, a more fair price indicator.

I've heard the same story for 2 months now.

[ShroomsKit]

If ask sum goes under 40,000 on Gox, then one of two things will happen:

1. we immediately plummet, prob double digits within a day; or

2. rocket 25-30 dollars up, then immediately plummet to double digits within a day.

You heard it hear. I expect praise, including blowjobs, when proven correct.

-walz.

Bro, you need to get out of your mother's basement and meet some real people, maybe even an actual flesh-and-blood woman (or twink if that's what you prefer). Fantasies of being 1337 traDURRz, Texas Hold'em Online Poker Starz or making it with Porn Bimbos don't cut it in the real world.

Or you could get your bottom ribs removed (ala Marilyn Manson?) so you can bend over far enough to give yourself a blowjob.

You'd probably enjoy doing that.

 

Please don't quote that idiot. Most people have him on ignore.

Sorry about that. As soon as I posted I realized I was breaking the cardinal rule, "Don't Feed the Trolls", but JaroWalso can be a hilarious source of humor in a slapstick/buffoon kind of way. That's why I don't have him on ignore.

I also realize that slapstick buffoons can be annoyingly irritating to many people. My apologies.

Thanks

[SheHadMANHands]

Is everybody asleep at Bitstamp?

BitStamp would be a cheap way to attempt to pull the price on Gox back down, if you think about it.  Someone's been setting up strategic sells for days.

Just sayin'

[JimboToronto]

People with large amounts of money can still withdraw?

MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

I don't think that's still working. https://bitcointalk.org/index.php?topic=179586.msg3257717#msg3257717

Interesting.

My guess is that manual processing still works for the wealthiest. Obviously 5% of millions is a lot more lucrative than 5% of a few grand.

[markjamrobin]

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.

Im getting so giddy thinking of breaking 150

I cant believe the price is already up $10 since I bought... almost sold at $140 too.

There is no real money at gox, people want out, and are willing to take a loss, because Gox may go. Bitstamp, is in my opinion, a more fair price indicator.

I've heard the same story for 2 months now.

It's been true for said last two months also.

[markjamrobin]

People with large amounts of money can still withdraw?

MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

I don't think that's still working. https://bitcointalk.org/index.php?topic=179586.msg3257717#msg3257717

Interesting.

My guess is that manual processing still works for the wealthiest. Obviously 5% of millions is a lot more lucrative than 5% of a few grand.

You can't keep 5% of millions, when you have pennies.