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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 26373318 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.)
DougTanner
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November 07, 2013, 04:01:13 PM
 #38181

Dat wall.

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Sitarow
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November 07, 2013, 04:01:56 PM
 #38182



Rampion
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November 07, 2013, 04:02:00 PM
 #38183

It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells.

This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good.
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November 07, 2013, 04:03:57 PM
 #38184

It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells.

This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good.
This
mccorvic
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November 07, 2013, 04:04:27 PM
 #38185

Or is it fiat AND BTC?
Fiat is old news.

Something's wrong with BTC withdrawals too, some kind of input selection / transaction fee problem in their backend.

Gox really does go out of its way to just completely embarrass itself at every opportunity.
maz
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November 07, 2013, 04:06:27 PM
 #38186

It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells.

This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good.

That ^
justusranvier
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November 07, 2013, 04:07:37 PM
 #38187

Gox really does go out of its way to just completely embarrass itself at every opportunity.
95% of their customer relations problems could be solved if Mark would take 5 minutes every once in a while to actually explain what is going on so that his customers would understand the problems, instead of hiring people to just endlessly apologize to them.
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November 07, 2013, 04:10:19 PM
 #38188

The technical support meltdown in #mtgox right now is quite a spectacle to behold.

Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC?

yes it is both. gox is fucking lol.



cant get fiat OR BTC


hahahaha

It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...
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November 07, 2013, 04:10:44 PM
 #38189



BlueTemplar
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Gone for a minute now back again


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November 07, 2013, 04:14:56 PM
 #38190

link or it didn't happen!

I can't access http://bitcoincharts.com/charts/mtgoxUSD anymore, is that just me?
tbcoin
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November 07, 2013, 04:15:48 PM
 #38191

link or it didn't happen!

I can't access http://bitcoincharts.com/charts/mtgoxUSD anymore, is that just me?

just you
BitchicksHusband
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November 07, 2013, 04:16:01 PM
 #38192

link or it didn't happen!

I can't access http://bitcoincharts.com/charts/mtgoxUSD anymore, is that just me?

That's every day.
DougTanner
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November 07, 2013, 04:17:53 PM
 #38193

Stamp is surging up again. I'm still waiting on that correction...

Miz4r
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November 07, 2013, 04:18:33 PM
 #38194

Bitstamp on its way to $300, new ATH $294.76.  Cool
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November 07, 2013, 04:20:57 PM
 #38195

The technical support meltdown in #mtgox right now is quite a spectacle to behold.

Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC?

yes it is both. gox is fucking lol.



cant get fiat OR BTC


hahahaha

It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...

Ah! That's a pretty good technical explanation really. I just tried a BTC withdraw out of curiosity. Lets see how long it takes.

EDIT: Just got the BTC as I clicked posted. Took no more then a minute. Withdrew 10 BTC as a tester (didn't want it to not work and leave a whole chunk in limbo!)

So anyway, seems like FUD to me unless the amount makes any difference (which I doubt).
adamstgBit
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November 07, 2013, 04:21:24 PM
 #38196

Virtex just got over its ATH, now 292$, it had a correction with good volume, and is now ready to break away.
adamstgBit
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November 07, 2013, 04:26:47 PM
 #38197

So does the bubble break at $366 or $532?

more like 1337
DougTanner
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November 07, 2013, 04:27:01 PM
 #38198

Virtex just got over its ATH, now 292$, it had a correction with good volume, and is now ready to break away.

During the last bubble Virtex was consistently $10 ahead of Gox (and that was when we had parity). Any idea why it's falling behind this time? I would have expected the opposite with all the ATM news.
klee
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November 07, 2013, 04:27:34 PM
 #38199

Some guy (I know I know..) told me that the BRICS are gonna issue their own SDR version - it will include Bitcoin too!
Thoughts?
justusranvier
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November 07, 2013, 04:28:53 PM
 #38200

So does the bubble break at $366 or $532?
If history rhymes, $2217.
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