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

[billyjoeallen]

With this whole fiasco all I want to know is why billyjoeallen isn't still shouting he called the bubble bottom correctly?

He he!

I think it was called rather loudly on many occasions.  Not always wise to call a price as the bottom / top.

Some might say foolhardier still to boast you called it right.

48 hours is a long time in Bitcoin

So far, I'm still right. Stamp would have to drop below $530 for that to change.

Ahhh... you were conveniently excluding Gox I see.

As is coindesk and the winkdex.

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[PoolMinor]

Has anyone try to buy BTC from coinbase and waited the 4 days?

[MoreFun]

Looks like a stamp bottom to me here.

It looks like a fight to find it, but I am now fixing my buys a little lower - I can't smell the scent of optimism...

Yep, I want UP, but I don't feel it yet.   I won't mention the G-word - but if Andreas is right and it can run on for four weeks (as I have previously posted) this one will grind on for a while yet...

Even if Gox comes out right now, and admits to being insolvent, how low do you think we will go? Under $500 on stamp? I doubt it.

I think Gox will just do what they did with fiat withdrawals last year, i.e. 6 month queue or something like that to get your BTC out, or daily 0.1 BTC limits. They will just become more and more irrelevant.

Under $500 in 10 minutes...

Why?

Edit: Gox going from $900 to $100 has only moved Stamp from $800 to $570. Another $100 drop on Gox isn't going to hurt that much.

Why not? Because of panic, FUD, stop loss orders... There was not really large drop till now because we actually don't know anything at all about the gox situation, everything are only guesses. When we get any reliable fact, market will move sharply - UP or DOWN.

[Arcas]

Has anyone try to buy BTC from coinbase and waited the 4 days?

Coinbase is very reputable. You should be able to trust them.

[exponential]

Has anyone try to buy BTC from coinbase and waited the 4 days?

Not too recently, but on a few separate occasions before I have and there were no issues.

[billyjoeallen]

Has anyone try to buy BTC from coinbase and waited the 4 days?

Yes. With a verified account, you can get limited amount instantly, but four days is actually a relatively short time to wait compared to other sources. unfortunately. Four days is typical, but it may take five buisiness days. You'll get your BTC. They are reliable.

[kurious]

With this whole fiasco all I want to know is why billyjoeallen isn't still shouting he called the bubble bottom correctly?

He he!

I think it was called rather loudly on many occasions.  Not always wise to call a price as the bottom / top.

Some might say foolhardier still to boast you called it right.

48 hours is a long time in Bitcoin

So far, I'm still right. Stamp would have to drop below $530 for that to change.

Ahhh... you were conveniently excluding Gox I see.

As is coindesk and the winkdex.

Maybe he was remembering your posts like this..?

If there is no new good news this weekend, we will possibly drift to a low that is loosely around 600 before heading back up.

Yeah, that was me.

What, no props? I nailed it again!!

[fotosonics]

Has anyone try to buy BTC from coinbase and waited the 4 days?

Yes. A tad frustrating unless you are in it for not so much and for the long haul. On the other hand it can save your ass, like preventing you from selling until after the 4 days, and then you see the price has gone up even more.

Reputable, reliable, professional.

[PoolMinor]

Has anyone try to buy BTC from coinbase and waited the 4 days?

Yes. With a verified account, you can get limited amount instantly, but four days is actually a relatively short time to wait compared to other sources. unfortunately. Four days is typical, but it may take five buisiness days. You'll get your BTC. They are reliable.

So, if I link my credit card I can get instant access to coins? But if I just use my bank account it gives me the current price, but I won't receive coins until 4-5 business days? I suppose all of this information may be available on their FAQ.

Edit:
I am just trying to buy back some that I sold at near peak~$1000.

[bassclef]

Has anyone try to buy BTC from coinbase and waited the 4 days?

Coinbase is very reputable. You should be able to trust them.

No issues here. I've bought with them on a number of occasions without a hitch.

[empowering]

I did not realize how difficult it would be to sell on LocalBitcoins right now... no bites in 2 weeks... I love crashes but no one wants to give me cash anymore....

Still working well here in the UK

[Arcas]

Has anyone try to buy BTC from coinbase and waited the 4 days?

Yes. With a verified account, you can get limited amount instantly, but four days is actually a relatively short time to wait compared to other sources. unfortunately. Four days is typical, but it may take five buisiness days. You'll get your BTC. They are reliable.

So, if I link my credit card I can get instant access to coins? But if I just use my bank account it gives me the current price, but I won't receive coins until 4-5 business days? I suppose all of this information may be available on their FAQ.

Correct. A linked credit card will give you an instant purchase limit of $100, and this can be raised to $1000 after tier 2 verification.

[billyjoeallen]

With this whole fiasco all I want to know is why billyjoeallen isn't still shouting he called the bubble bottom correctly?

He he!

I think it was called rather loudly on many occasions.  Not always wise to call a price as the bottom / top.

Some might say foolhardier still to boast you called it right.

48 hours is a long time in Bitcoin

So far, I'm still right. Stamp would have to drop below $530 for that to change.

Ahhh... you were conveniently excluding Gox I see.

As is coindesk and the winkdex.

Maybe he was remembering your posts like this..?

If there is no new good news this weekend, we will possibly drift to a low that is loosely around 600 before heading back up.

Yeah, that was me.

What, no props? I nailed it again!!

We did head back up. You didn't sell at $650? I didn't say we would STAY up.  Seriously, I put a few qualifiers in there and you know this is just my estimation and not some inside info. Considering the Xaction malleability issue and all the other FUD, I'm surprised my prediction has held up as well as it has. If you don't like my analysis, you can get a full money-back refund for what you paid for it.

[delphic]

What, no props? I nailed it again!!

So you keep saying. ZZZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.

[kurious]

With this whole fiasco all I want to know is why billyjoeallen isn't still shouting he called the bubble bottom correctly?

He he!

I think it was called rather loudly on many occasions.  Not always wise to call a price as the bottom / top.

Some might say foolhardier still to boast you called it right.

48 hours is a long time in Bitcoin

So far, I'm still right. Stamp would have to drop below $530 for that to change.

Ahhh... you were conveniently excluding Gox I see.

As is coindesk and the winkdex.

Maybe he was remembering your posts like this..?

If there is no new good news this weekend, we will possibly drift to a low that is loosely around 600 before heading back up.

Yeah, that was me.

What, no props? I nailed it again!!

We did head back up. You didn't sell at $650? I didn't say we would STAY up.  Seriously, I put a few qualifiers in there and you know this is just my estimation and not some inside info. Considering the Xaction malleability issue and all the other FUD, I'm surprised my prediction has held up as well as it has. If you don't like my analysis, you can get a full money-back refund for what you paid for it.

I do like your analysis, yep - just couldn't resist.  

I did sell over 600 - some - now I haven't a clue, but I am playing safe to be honest...  Hodling fiat in readiness, but not all of course.

I see Gox flailing around offering hope and disappointment for a fair while yet.

DISCLOSURE: I also had a few coins I could not get out of Gox - well, they were 'returned' to me after the door shut.  So I am not that smart

[bitdig]

Even if Gox is bankrupt, with their current price, all they need is to borrow some cash, buy enough bitcoins and tell everyone that everything is good - they will make 3-4 times money... Oh wait they even don't need to borrow, they just need to write these numbers on their accounts...
So, I think they know they are loosing business, so they decided to make some cash, before "closing", so they won't need to work anymore... Ever...
My prediction, at some point, soon, they will tell that everything is ok, and price will fly (with their accounts full of btc)..

[PoolMinor]

Correct. A linked credit card will give you an instant purchase limit of $100, and this can be raised to $1000 after tier 2 verification.

OK, thanks everyone for your help.

[ErisDiscordia]

So...did you record this song after traveling back in time after you've done this?

Heh and just today after listening to it I sent you a small tip, asking myself "I wonder what she'll do with that money"   Who would have guessed.

Anyway, as a fellow gambler: if you feel the odds are right and you have the bankroll to take the risk - go for it and good luck!

Thanks for the tips and good luck wishes, that reminds me, the address is still pointing towards my mtgox account.  

Heh and just today after listening to it I sent you a small tip, asking myself "I wonder what she'll do with that money"   Who would have guessed.

IIRC, Kozi is not the one that actually sung the song, but made the lyrics.  So could be a "he" too.

Truth is I found a singer on fiverr. I'm glad to hear they accept bitcoin now

Oh and here I had this fantasy of you being a multi-talented female early adopter/singer...   Anyways, good job!

I guess those 2,3mBtc will buy you a whole goxcoin soon   you should update that address though

[KeyserSoze]

Correct. A linked credit card will give you an instant purchase limit of $100, and this can be raised to $1000 after tier 2 verification.

OK, thanks everyone for your help.

If you didn't know it will take you a month to get up to speed there, if I recall. I think you're restricted to 1-2 BTC a day until 30 days goes by. It is a part of verification to simply wait.
Edit: maybe it's 10?

[zero3112]

Where did all the money go did gox get hacked?  Why is the price $100 did bitcoin die?