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

[hyphymikey]

Goxcoins gonna rocket. It's just a matter of time. Window of opportunity is finite. In this game, you have to put your self in a position to get lucky.

+1

If only I would have won that 400 million Powerball yesterday. I would have flown to Mt.Gox.

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[billyjoeallen]

Do whales get nervous -- in either the literal or idiomatic sense?

I'd have thought due to his size (physical or financial) he would simply shrug and swim on.

Bitcoin is down around $150 in one week. If you had 10000 BTC (by no means a proper whale amount), that is $150K less value you have. Considering some of these guys had next to nothing before they invested/mined in Bitcoin, I would suggest that such shrinkage in nominal value leaves many large scale holders of Bitcoin with quite an uneasy feeling in their guts. Perhaps they would have to work 5 years in their day jobs to earn this sort of money. Now, it looks like Bitcoin is going to go another $150 lower sooner or later.....so if you had 10K BTC, and were considering that possibility, what might you want to do with at least some of your stash, assuming Bitcoin wasn't just an amusing gamble on the side to take your mind of your hedge funds and vaults full of gold bullion?

Check your math.

LOL. What MtC can't seem to understand is that long term hodlers have been hardened by many many such times as these. If we were the sort that bailed when we got uneasy feelings in our guts, we wouldn't have all our coins in the first place. Now we just see opportunity to get MOAR.

[MatTheCat]

Check your math.

Done better than that. I have went back and changed my post so it now makes mathematical sense.

A lot members on this forum may want to do the same thing, except for chumps like:

JimboToronto
thelema93
billyjoeallen
Ibian
seleme

This would involve around 40 man hours as they waded through the massive backlog of complete pish they have posted.....

....and they are still at it.

billyjoeallen reckons Gox is set too rocket............perhaps it is, won't do much good if nobody can get any coin out the fkn place cos Karpeles has arbed them all on Bitstamp though will it.

[MatTheCat]

EDIT: *IRC Mat said he bought in around $500

Mat bought his first speculative Bitcoins intended to have no purpose except to make him money at $700!

But don't worry, Mat called the bearish double top as and when it occurred and totally liquidised everything he had in the $1000 range. He also made lots of money on the way down both buying in on crashes and through shorting Bitcoin, which is something that he can't do anymore cos he realises that the shorting exchanges are dodgy as fuck and not be trusted with any of Mat's precious hard earned fiat. See, that is the difference between Mat and the early adopters. He had to earn the capital that he has brought to play with in Bitcoinland and can't afford to be a complete fucking idiot subscribing to all the bullshit 'fight The Man' paradigms.

Mat doesn't care about owning Bitcoin.

Mat likes having lots of Fiat.

With fiat, Mat can pay his bills and do lots of cool stuff without having to worry about the future too much. With Bitcoin, Mat can buy DMT and MDMA from Silk Road, except he can't cos it was robbed and is down. Right now, Bitcoin is useless to Mat and losing value by the day.

[luis77]

Where do you think are we going next hours? do you think we are going to break 530 (bitstamp) next time we hit?

[billyjoeallen]

Where do you think are we going next hours? do you think we are going to break 530 (bitstamp) next time we hit?

My opinion is that 530 is going to hold, but it will get tested several times. After that, there will be nowhere to go but up.

[Vigil]

Where do you think are we going next hours? do you think we are going to break 530 (bitstamp) next time we hit?

My opinion is that 530 is going to hold, but it will get tested several times. After that, there will be nowhere to go but up.

You also thought that "$900 were the cheap coins". :0

[TERA]

Where do you think are we going next hours? do you think we are going to break 530 (bitstamp) next time we hit?

My opinion is that 530 is going to hold, but it will get tested several times. After that, there will be nowhere to go but up.

Guys please refer to the post I just made in my thread titled "possible trendlines... " for my reasoning on why $530 will NOT hold and how a major breakdown has just occurred today. Reply there if you have an objection. Thanks.

[MatTheCat]

Where do you think are we going next hours? do you think we are going to break 530 (bitstamp) next time we hit?

We are experiencing 'the bounce' right now.

As you may have noticed, it was/is more of a bump than a bounce. You have also noticed that there is fuck all volume going down right now. Sellers are still holding out for higher prices, but buyers aint interested.

It is going to grind down past £530 easily and should a whale or two decide to take a dump, every possibility of a crash to much lower prices before any meaningful 'bounce' will occur.

Where do you think are we going next hours? do you think we are going to break 530 (bitstamp) next time we hit?

My opinion is that 530 is going to hold, but it will get tested several times. After that, there will be nowhere to go but up.

You also thought that "$900 were the cheap coins". :0

Its incredible that he even has the face to keep bleating out the same old shit isn't it?

Fkn damn embarrassing. If I was him, I would at least be changing my username.

[medialab101]

Just pulled this off of Reddit, interesting...

Only late night yesterday Tokyo time (after the press release went out) was the latest patch released for testing: https://github.com/bitcoin/bitcoin/pull/3656#issuecomment-35055553
Note that this patch fixed two important bugs in the implementation for NTxID creation and validation, a critical component to Mt.Gox' stated technical remediation strategy.

[billyjoeallen]

Where do you think are we going next hours? do you think we are going to break 530 (bitstamp) next time we hit?

My opinion is that 530 is going to hold, but it will get tested several times. After that, there will be nowhere to go but up.

You also thought that "$900 were the cheap coins". :0

In my defense they were $800 coins and I still think they're cheap.  I thought $31 coins were cheap too for about a year and a half before I was proven right. in Bitcoin, you're never wrong, just early  

[seleme]

Check your math.

Done better than that. I have went back and changed my post so it now makes mathematical sense.

A lot members on this forum may want to do the same thing, except for chumps like:

JimboToronto
thelema93
billyjoeallen
Ibian
seleme

This would involve around 40 man hours as they waded through the massive backlog of complete pish they have posted.....

....and they are still at it.

billyjoeallen reckons Gox is set too rocket............perhaps it is, won't do much good if nobody can get any coin out the fkn place cos Karpeles has arbed them all on Bitstamp though will it.

Seleme?

Seleme traded around $90 000 today and still waiting for 85k more to be filled  

I'd ask you to help me to fill those but you sold at 10$, you can bring price down about 0.33$ if you'd sell your stash  

Mat, you're my inspiration here, really, I'd do much worse if you're not my reminder what happens when someone has balls like pease

[ChartBuddy]

Hmmm
Explanation

[MatTheCat]

Seleme?

Seleme traded around $90 000 today and still waiting for 85k more to be filled  

I'd ask you to help me to fill those but you sold at 10$, you can bring price down about 0.33$ if you'd sell your stash  

Mat, you're my inspiration here, really, I'd do much worse if you're not my reminder what happens when someone has balls like pease

Seleme has been calling the bottom and promising sky rocketing prices all the way down from $1000 just like all the other forum resident idiots.

The fact that he is Bitcoin noveau riche is irrelevant.

billyjoeallen is fkn loaded thanks to Bitcoin has he is one of the thickest mofos around.

Everyone knows Bitcoin is full to the brim with dumb money and you are very much part of that club.

[OldGeek]

Okay.  The price can go back up now.  I just lowered my limit buy thanks to the fine TA by Tera in the other thread.

[seleme]

Seleme?

Seleme traded around $90 000 today and still waiting for 85k more to be filled  

I'd ask you to help me to fill those but you sold at 10$, you can bring price down about 0.33$ if you'd sell your stash  

Mat, you're my inspiration here, really, I'd do much worse if you're not my reminder what happens when someone has balls like pease

Seleme has been calling the bottom and promising sky rocketing prices all the way down from $1000 just like all the other forum resident idiots.

The fact that he is Bitcoin noveau riche is irrelevant.

billyjoeallen is fkn loaded thanks to Bitcoin has he is one of the thickest mofos around.

Everyone knows Bitcoin is full to the brim with dumb money and you are very much part of that club.

What seleme talks and what seleme does are two different things. But I don't expect guy who sold his bitcoins at 10$ to understand that, he's too busy being angry on the Universe  

[JorgeStolfi]

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):


             !    Wed !    Thu !    Fri !    Sat !    Sun !    Mon !    Tue !   Wed !    Thu !
  EXCHANGE   !  02/12 !  02/13 !  02/14 !  02/15 !  02/16 !  02/17 !  02/18 ! 02/19 !  02/20 ! Currencies considered

  BTC-e      |   9.97 |  18.53 |  52.18 |   9.16 |  21.75 |  15.07 |   8.08 |  5.84 |  23.37 | USD,EUR,RUR

  Bitstamp   |  15.51 |  28.15 |  63.38 |  20.76 |  26.40 |  19.90 |  14.83 | 20.76 |  34.97 | USD
  BitFinEx   |  12.85 |  17.17 |  53.68 |  10.83 |  16.75 |  15.69 |   8.47 |  4.71 |  25.27 | USD
  Bitcoin.DE |   0.51 |   0.78 |   1.63 |   0.22 |   0.57 |   0.57 |   0.38 |  0.54 |   0.70 | EUR
  Kraken     |   0.58 |   0.93 |   1.79 |   0.41 |   0.91 |   0.89 |   0.51 |  0.38 |   1.60 | EUR
  CaVirtEx   |   0.29 |   0.41 |   1.16 |   0.15 |   0.15 |   0.15 |   0.21 |  0.11 |   0.75 | CAD
  CampBX     |   0.10 |   0.21 |   0.41 |   0.05 |   0.07 |   0.28 |   0.10 |  0.14 |   0.73 | USD

  SUBTOTAL   |  39.81 |  66.18 | 174.23 |  41.58 |  66.60 |  52.55 |  32.58 | 32.48 |  87.39 |

  Huobi      | 131.86 |  82.39 | 236.27 | 122.80 | 110.57 | 130.41 |  74.04 | 34.12 | 131.14 | CNY
  OKCoin     |  60.79 |  62.49 | 147.26 |  51.45 |  63.63 |  63.05 |  51.46 | 26.29 |  53.49 | CNY
  BTC-China  |  11.01 |   8.02 |  24.87 |   7.55 |   9.08 |   7.86 |   3.86 |  2.04 |  10.97 | CNY
  Bter       |   0.69 |   0.65 |   1.54 |   0.74 |   0.56 |   0.48 |   0.35 |  0.37 |   0.77 | CNY

  SUBTOTAL   | 204.35 | 153.55 | 409.94 | 182.54 | 183.84 | 201.80 | 129.71 | 62.82 | 196.37 |

  TOTAL      | 244.16 | 219.73 | 584.17 | 224.12 | 250.44 | 254.35 | 162.29 | 95.30 | 283.76 |


  MtGOX      |  25.21 |  33.85 |  79.56 |  60.15 | 104.46 |  65.69 |  63.50 | 40.75 | 127.48 | USD,EUR,GBP,AUD,JPY



All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day.  For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)

NOTE: MtGOX has suspended withdrawals of Bitcoins and national currencies.  Therefore it is essentially isolated from other markets, and its price is completely out of the norm.  The exceptional trade volumes above may be meaningless.

[KeyserSoze]

Twas the night before Goxxing, when all through Mark's house

excellent!

[seleme]

Twas the night before Goxxing, when all through Mark's house

excellent!

nothing worked, even Mark's mouse is what made me to piss myself 

[OldGeek]

Illeism is rarely a good look  

Works alright in fiction though.