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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 26370678 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.)
KeyserSoze
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February 22, 2014, 06:28:56 PM
 #94001

Jesus. Nice to find out after 10 months or so haha. Thanks.

Mine is UNchecked but still get warning. Edit: oops, i see I need to check it.
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MatTheCat
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February 22, 2014, 06:30:42 PM
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yes, I agree. bitstamp price is ridiculous. bitstamp rally following a mtgox rally is even more ridiculous. if the price is decoupled, what is the reason for this rally? I will tell you :


It can only be trading bot algorithms are still 'hooked up' to Gox price movements. That was a lot of buying pressure that got triggered upon Gox's rise, which was based upon some rumour of BTC withdrawals being reenabled, which is actually bearish as hell for Stamp.

I wasn't shorting Bitcoin at $580, but if I could have I would have. Would have been a harsh lesson in operating upon the premise that markets are rational....that and never short in a dead low volume market.
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February 22, 2014, 06:35:30 PM
 #94003

Am i the only one who finds this highly annoying:
Warning - while you were typing a new reply has been posted. You may wish to review your post.

You're not alone in this.

I think you can turn that off in your profile settings, I don't have it, probably turned it off.
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February 22, 2014, 06:35:58 PM
 #94004


yes, I agree. bitstamp price is ridiculous. bitstamp rally following a mtgox rally is even more ridiculous. if the price is decoupled, what is the reason for this rally? I will tell you :


It can only be trading bot algorithms are still 'hooked up' to Gox price movements. That was a lot of buying pressure that got triggered upon Gox's rise, which was based upon some rumour of BTC withdrawals being reenabled, which is actually bearish as hell for Stamp.

I wasn't shorting Bitcoin at $580, but if I could have I would have. Would have been a harsh lesson in operating upon the premise that markets are rational....that and never short in a dead low volume market.

$580 was never a big resistance point, $616 was next logical retracement target IMO.



I can't see it past $707 level, but a break of $640 will still look like a short-term break from the down trend.
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February 22, 2014, 06:36:13 PM
 #94005

That 410 BTC wall at 200 USD is artificial, I think. Someone is trying to keep us above $200, but there's no rational reason for the sudden price jump.

I don't really see it staying above 200 much longer, although I've gotta give credit to these manipulators for trying. They pulled out all the stops, including DDoS...

If I was gonna scare the market into believing that there was new insider info floating around, though, I wouldn't pick 3 AM in Toyko to do it.
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February 22, 2014, 06:36:28 PM
 #94006

Now my other theory is that someone tried BTC withdrawals and... they got through.

article linked a few posts ago said some people have received old withdrawals.
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February 22, 2014, 06:39:34 PM
 #94007

Gotta give Tera credit for calling the spike at $619.88 within 12 cents.
Arcas
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February 22, 2014, 06:39:52 PM
 #94008

That pump lasted a good hour.

Now comes the dump.
KeyserSoze
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February 22, 2014, 06:41:27 PM
 #94009

So it's clear Stamp continues to follow Gox with every move it makes.

Gox remains the #1 exchange. It has recently moved from #4 back to where it belongs, crushing others on volume and great prices! I suspect the reason for the move back to #1 is that it rekindled some Bitcoin nostalgia amongst old timers. But it's always been #1 in our hearts, right?
http://bitcoincharts.com/markets/
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February 22, 2014, 06:43:30 PM
 #94010

So it's clear Stamp continues to follow Gox with every move it makes.

Gox remains the #1 exchange. It has recently moved from #4 back to where it belongs, crushing others on volume and great prices! I suspect the reason for the move back to #1 is that it rekindled some Bitcoin nostalgia amongst old timers. But it's always been #1 in our hearts, right?
http://bitcoincharts.com/markets/

you need to look at usd volume, it's not hard for gox to have highest volume by btc when it is 3-4x cheaper
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February 22, 2014, 06:45:08 PM
 #94011

mtgox proves that there is alotta fucking sheeple in this game
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February 22, 2014, 06:45:13 PM
 #94012

That pump lasted a good hour.

Now comes the dump.
+1  Grin
Vycid
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February 22, 2014, 06:45:36 PM
 #94013

That pump lasted a good hour.

Now comes the dump.
+1  Grin

I think I got whiplash.
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February 22, 2014, 06:45:51 PM
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Vycid
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February 22, 2014, 06:46:44 PM
 #94015

I feel bad for the folks that just spent $250+ on what are soon gonna be $100-$150 goxcoins...
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February 22, 2014, 06:47:50 PM
 #94016

Gox remains the #1 exchange. It has recently moved from #4 back to where it belongs, crushing others on volume and great prices! I suspect the reason for the move back to #1 is that it rekindled some Bitcoin nostalgia amongst old timers. But it's always been #1 in our hearts, right?

You forgot the "Wink".  Wink
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February 22, 2014, 06:48:37 PM
 #94017

podyx
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February 22, 2014, 06:49:50 PM
 #94018



lol armageddon <3
KeyserSoze
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February 22, 2014, 06:51:01 PM
 #94019

So it's clear Stamp continues to follow Gox with every move it makes.

Gox remains the #1 exchange. It has recently moved from #4 back to where it belongs, crushing others on volume and great prices! I suspect the reason for the move back to #1 is that it rekindled some Bitcoin nostalgia amongst old timers. But it's always been #1 in our hearts, right?
http://bitcoincharts.com/markets/

you need to look at usd volume, it's not hard for gox to have highest volume by btc when it is 3-4x cheaper

Yes, and Gox may not be #1 in many hearts now either. I may not have laid the bullshit on thick enough for you.
KeyserSoze
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February 22, 2014, 06:52:51 PM
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Gox remains the #1 exchange. It has recently moved from #4 back to where it belongs, crushing others on volume and great prices! I suspect the reason for the move back to #1 is that it rekindled some Bitcoin nostalgia amongst old timers. But it's always been #1 in our hearts, right?

You forgot the "Wink".  Wink

You're correct, sir. Finally!  Smiley
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