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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 26371066 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.)
dreamspark
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February 18, 2014, 03:26:02 PM
 #91201


The current range:
I publicly called the Feb 9 $530 as the bottom. I sold a tiny bit on the bounce, bought it back at $550.
I sold at $678, so I missed a little bit of the bounce and now I'm waiting for lows again under $600. I don't really care if it goes higher, though. I have BTC set aside for trading higher ranges. Only going lower than $550 will necessitate me depositing fresh fiat.

Congrats then, I just find myself too jittery to trade like that, closing way too early either end even though when Im not in a trade I seem to be pretty good at calling ~tops/bottoms.

Well happy trading and hopefully everyones happy come thursday  Wink



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JorgeStolfi
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February 18, 2014, 03:33:41 PM
 #91202


Do you know what fees they will charge?
billyjoeallen
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February 18, 2014, 03:35:29 PM
 #91203

Now we're seeing some action!  
surfer43
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February 18, 2014, 03:42:14 PM
 #91204

Now we're seeing some action!  
Care to elaborate?  Tongue
dreamspark
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February 18, 2014, 03:43:36 PM
 #91205

Dumping time  Grin

Did I miss something ?!
billyjoeallen
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February 18, 2014, 03:45:10 PM
 #91206


Localbitcoins charges a 1% fee on their site. I don't know if there will be an additional fee for ATMs except for what the owner/operator adds, which could be anything. Traders typically charge ~10% so ATM operators may do likewise unless they face local competition.

During rallies when prices are rocketing, this is a reasonable markup.  Waiting a week to buy when prices are going up can be an eternity.
billyjoeallen
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February 18, 2014, 03:49:12 PM
 #91207

Now we're seeing some action!  
Care to elaborate?  Tongue

>1k dump on Stamp.
the_poet
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February 18, 2014, 03:54:59 PM
 #91208

About to go under $600 on Stamp (currently @ $610).
magicmexican
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February 18, 2014, 03:55:37 PM
 #91209

Still massive dumps of Goxcoins, seems like people think they are worthless after all
adamstgBit
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February 18, 2014, 03:59:13 PM
 #91210

Still massive dumps of Goxcoins, seems like people think they are worthless after all

as the poll indicates, clearly poeple have very little confidence they will resume withdrawals as promised.

are poeple trading gox on superior information or emotion... that is the question.
fonzie
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February 18, 2014, 03:59:30 PM
 #91211

billyjoeallen
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February 18, 2014, 03:59:39 PM
 #91212

About to go under $600 on Stamp (currently @ $610).

Possibly. There's respectable resistance. A few more failed attempts and it'll go back up instead.
tarmi
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February 18, 2014, 04:04:54 PM
 #91213

About to go under $600 on Stamp (currently @ $610).

Possibly. There's respectable resistance. A few more failed attempts and it'll go back up instead.

sorry, up where?

JorgeStolfi
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February 18, 2014, 04:09:15 PM
 #91214

For this "micro-crash", it seems that Bitstamp (12:30) was ahead of Huobi (12:32). 

Apart from a few scattered transactions, Bitstamp's volume was and remains very small (a couple of BTC/min); while Huobi's rose to about 100 BTC/min after the micro-crash, and is still at that level.

Thus, I find it hard to beleive that Bitstamp was the prime mover of this event.  Any negative news on the forums?
billyjoeallen
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February 18, 2014, 04:10:05 PM
 #91215

Still massive dumps of Goxcoins, seems like people think they are worthless after all

as the poll indicates, clearly poeple have very little confidence they will resume withdrawals as promised.

are poeple trading gox on superior information or emotion... that is the question.

I pulled my funds out at a ~15% loss precisely so I wouldn't have so much riding on the answer, but if I did have funds there now, I'd buy when the discount reaches 60% over Stamp. I think there's a >40% chance GoxBTC is recoverable. GoxBux, OTOH, I put at ~20%. Poor bastards. It's like people fighting over flotsam off the Titanic with all the lifeboats full. Still, it may be a big opportunity for someone willing to take a big risk.
billyjoeallen
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February 18, 2014, 04:11:38 PM
 #91216

About to go under $600 on Stamp (currently @ $610).

Possibly. There's respectable resistance. A few more failed attempts and it'll go back up instead.

sorry, up where?

My bad. "support".
surfer43
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February 18, 2014, 04:13:13 PM
 #91217

Still massive dumps of Goxcoins, seems like people think they are worthless after all

as the poll indicates, clearly poeple have very little confidence they will resume withdrawals as promised.

are poeple trading gox on superior information or emotion... that is the question.

I pulled my funds out at a ~15% loss precisely so I wouldn't have so much riding on the answer, but if I did have funds there now, I'd buy when the discount reaches 60% over Stamp. I think there's a >40% chance goxBTC is recoverable. GoxBux, OTOH, I put at ~20%. Poor bastards. It's like people fighting over flotsam off the Titanic with all the lifeboats full. Still, it may be a big opportunity for someone willing to take a big risk.
The market disagrees with you  Smiley If it agreed, then GoxBTC would be trading at $1200.
I put the chances for both at 99% as the Mt. Gox people will be locked up if they don't deliver.
billyjoeallen
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February 18, 2014, 04:15:09 PM
 #91218

About to go under $600 on Stamp (currently @ $610).

Possibly. There's respectable resistance. A few more failed attempts and it'll go back up instead.

sorry, up where?

(if...) It'll go back up to test $650.
billyjoeallen
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February 18, 2014, 04:19:00 PM
 #91219

Still massive dumps of Goxcoins, seems like people think they are worthless after all

as the poll indicates, clearly poeple have very little confidence they will resume withdrawals as promised.

are poeple trading gox on superior information or emotion... that is the question.

I pulled my funds out at a ~15% loss precisely so I wouldn't have so much riding on the answer, but if I did have funds there now, I'd buy when the discount reaches 60% over Stamp. I think there's a >40% chance goxBTC is recoverable. GoxBux, OTOH, I put at ~20%. Poor bastards. It's like people fighting over flotsam off the Titanic with all the lifeboats full. Still, it may be a big opportunity for someone willing to take a big risk.
The market disagrees with you  Smiley If it agreed, then GoxBTC would be trading at $1200.
I put the chances for both at 99% as the Mt. Gox people will be locked up if they don't deliver.

Well yeah, and those people still have money riding on the outcome and I don't (anymore), so you should rationally put more stock in what the market is saying. I also have no insider information. I'm not selling a position. I'm just thinking out loud.
magicmexican
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February 18, 2014, 04:19:16 PM
 #91220

Still massive dumps of Goxcoins, seems like people think they are worthless after all

as the poll indicates, clearly poeple have very little confidence they will resume withdrawals as promised.

are poeple trading gox on superior information or emotion... that is the question.




The Goxcoin price reaction to the update is either very weird or just shady
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