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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382823 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.)
N12
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November 20, 2013, 06:19:04 AM
 #45941

Nice "leak", as nice as the ebay one. As in, cool pump'n'dump by an anonymous redditor making up shit. How gullible have we become?
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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CoinDox
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November 20, 2013, 06:19:45 AM
 #45942

http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

"Leaker" says Starbucks to accept bitcoin by Thanksgiving.

In the middle of setting up a bitcoin bet involving SeansOutpost for escrow. Off the wall claim just got a little interesting...

What I want to know is if you are such a person to get a hold of this information. WHY SHARE IT?! Why drive the price up on yourself right now?
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November 20, 2013, 06:20:03 AM
 #45943

http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

"Leaker" says Starbucks to accept bitcoin by Thanksgiving.

In the middle of setting up a bitcoin bet involving SeansOutpost for escrow. Off the wall claim just got a little interesting...

Nice. Thanks!
N12
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November 20, 2013, 06:22:37 AM
 #45944

I remember the last time someone posted as an "Ebay employee" on Reddit who was upvoted highly, saying Ebay was about to accept BTC, and he said he would show some sort of identification asap. He never did.

Hell, I think it was bobdude too who posted this. Are you the one making all this shit up, or do you just keep falling for it?
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November 20, 2013, 06:22:53 AM
 #45945

http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

"Leaker" says Starbucks to accept bitcoin by Thanksgiving.

In the middle of setting up a bitcoin bet involving SeansOutpost for escrow. Off the wall claim just got a little interesting...


lol he "leaked" (aka made up) the info hoping to stop this mad sell off??

MAYBE!

wont work.

but it will bounce, for far more compelling reasons then Starbucks accepting bitcoin.

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November 20, 2013, 06:23:34 AM
 #45946

Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

why is China volume not real?
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November 20, 2013, 06:24:20 AM
 #45947

I remember the last time someone posted as an "Ebay employee" on Reddit saying Ebay was about to accept BTC, and he said he would show some sort of identification asap. He never did.

Hell, I think it was bobdude too who posted this. Are you the one making all this shit up, or do you just keep falling for it?
Nice "leak", as nice as the ebay one. As in, cool pump'n'dump by an anonymous redditor making up shit. How gullible have we become?

Lol yeah that was me. And I believed the last one. Don't shoot the messenger though.

Hypothetically if a large company was considering accepting bitcoin, the Senate hearings might have erased a lot of barriers.
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November 20, 2013, 06:24:53 AM
 #45948

Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

why is China volume not real?

no trade fee
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November 20, 2013, 06:25:32 AM
 #45949

Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

That and the 1500 wall @ 535... People understand the network is still young. This will DEFINITELY deter new money, which lets face it, is why BTC increase in value in the first place...


Who cares about a 10k sell?   One less person with 10k to sell in the future . . .   And that 1.5k wall, you think that is anything?   Did you see the previous 1.5k get munched just after the big sell?   Took less than 5 minutes.   I suppose Stamp having 3 mil more in bids than a few days ago is new money running away . . .   Have you seen how many people in just this forum are screaming about not being able to get money in fast enough?   If I had the coins, I would manipulate this as much as I could too, this is a last stop at these price levels.

You are missing the point here though. Look @ this post https://bitcointalk.org/index.php?topic=316297.0 and see how many people ACTUALLY have that many BTC under their control? Then ask yourself. Why would you sell that much wealth? Also, that may have been a little bit of a dumber whale who does not have the discipline to scale out and sell into buying pressure (see action after ATH). Personally, those with the most to lose, usually have the best access to resources that aid their decision making - when they act, I listen, its worked well thus far.

Also, with regards to your mention about Stamp having 3mil more in bids than a few days ago is irrelevant since I am talking about what happens AFTER this moment, not the hype that led to the people making those deposits last week...
jojo69
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November 20, 2013, 06:26:17 AM
 #45950

BOOMMMM!!!
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November 20, 2013, 06:27:20 AM
 #45951

Gox needs some credit having improved their trade engine greatly.
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November 20, 2013, 06:27:43 AM
 #45952

like my wall so far?  Wink


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November 20, 2013, 06:28:57 AM
 #45953

Gox needs some credit having improved their trade engine greatly.


please

they make $3.60 on EVERY GODDAMN BITCOIN THAT CHANGES HANDS there
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November 20, 2013, 06:31:42 AM
 #45954

I don't want to imply that this Starbucks thing is real, because I don't know, and I'm going to continue acting as though there was no "leak".

But it does make sense. Starbucks has a lot of small transactions and they probably don't enjoy the credit card fees. And it's becoming a big deal; we just saw Senate hearings this week. I can barely believe that's all real.

eBay didn't make sense. It competes with PayPal, which is a major revenue stream for them.

So, we'll see.
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November 20, 2013, 06:33:05 AM
 #45955

Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

why is China volume not real?

no trade fee

ahhhhh ok
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November 20, 2013, 06:37:25 AM
 #45956

That was amazing to watch, that volume! This is one ugly picture Smiley

https://i.imgur.com/QbIGzN0.png

Damn it, thought that was a "new" capture, not 10 mins old! lol

Looks like recovery starts now; unless more whales come out to play.

China still has 3.5m USD of bids until ~$500.
In Communist China, Bitcoiners actually have balls.  Tongue Grin

In Communist China, Bitcoin buys and holds *you*.
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November 20, 2013, 06:42:47 AM
 #45957

Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

why is China volume not real?

no trade fee

ahhhhh ok

There is real volume in China.   The daily trade volume is higher than there would be if there were fees, no doubt.   It is impossible to know how much effect it has overall.   The "fake volume" crowd is just grasping at straws to try and talk the price down.   I hope they keep doing it, we need people to temper the market with FUD or exuberance would run away even worse.  

tl;dr   It would be really stupid to assume there is no demand for BTC in China . . .
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November 20, 2013, 06:42:54 AM
 #45958

Gox needs some credit having improved their trade engine greatly.

True!
molecular
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November 20, 2013, 06:44:54 AM
 #45959

Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

why is China volume not real?

no trade fee

It's still trading at these prices, though. They volume may be "fake", but not the price.
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November 20, 2013, 06:45:39 AM
 #45960

believe it or not, i'm going to sleep....
I HOPE bitcoin is 0$ when i wake up, i sold some a truck load and i'm looking to buy back  Wink
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