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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26967389 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 1 users with 9 merit deleted.)
JorgeStolfi
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March 06, 2015, 11:46:08 PM

Edit: oops Silbert is not CEO of secondmarket any longer. Nevertheless, secondmarket Inc. still owns BIT which just opened the OTC market. I thought they would be bidding solid for these coins.

IIRC, Silbert is no longer CEO of SecondMarket, but remains at the head of SM's BIT fund (or of whatever SM division/subsidiary that "owns" that fund).
bassclef
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March 06, 2015, 11:50:08 PM
Last edit: March 07, 2015, 12:00:39 AM by bassclef

I think green volume looks good, rising bottoms since $166 on the daily, couple recent pump attempts from whales taking big positions (knowing that shakeouts don't do a whole lotta good anymore...), desperate gambling bears trying to trade against the market, throwing all they have left at it to protect their short positions...
 
Rockets are getting primed to leave this trading range. $300 right around the corner.
NotLambchop
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March 06, 2015, 11:54:24 PM

...I'm up over ... 3000% last five years. I'm just pissed because I should have done much much better.

3000% in 5 years?  Let's see, a $20 pizza was sold for 10,000 BTC back then...  So you've lost most of your coin?  No shit you "should have done much better." Cheesy
ChartBuddy
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March 06, 2015, 11:59:20 PM

Coin
Explanation
Hfertig
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March 07, 2015, 12:01:36 AM

...I'm up over ... 3000% last five years. I'm just pissed because I should have done much much better.

3000% in 5 years?  Let's see, a $20 pizza was sold for 10,000 BTC back then...  So you've lost most of your coin?  No shit you "should have done much better." Cheesy

He is either a liar or very bad at maths. On the 17 th of Feb he stated his average buying price is 85 USD...
ElectricMucus
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March 07, 2015, 12:20:42 AM

...I'm up over ... 3000% last five years. I'm just pissed because I should have done much much better.

3000% in 5 years?  Let's see, a $20 pizza was sold for 10,000 BTC back then...  So you've lost most of your coin?  No shit you "should have done much better." Cheesy

he bought in first near the top of the 2011 hype, which either means he flipped some coins (ie traded) in between what would make him a hypocrite, or a liar. Oh and yes I'm pretty sure he bought near the top of the 2011 hype because his angry rant after the first major goxxing was archived on the something awful frontpage.
(Which also means he always was an insufferable asshole)
Cconvert2G36
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March 07, 2015, 12:21:44 AM

Bitstamp is just a rumpled husk of its former self. I saw 7 minutes between trades a while back... sad. Gonna take a while to make back that near 20k btc lost with commissions.
MightAsWellIgnore
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March 07, 2015, 12:23:25 AM

https://pbs.twimg.com/media/B75CpewCIAA8CQL.png:large
Morecoin Freeman
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March 07, 2015, 12:26:16 AM

Someone trying to push the price with a 400 btc buy order at bitfinex?
billyjoeallen
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March 07, 2015, 12:26:28 AM

...I'm up over ... 3000% last five years. I'm just pissed because I should have done much much better.

3000% in 5 years?  Let's see, a $20 pizza was sold for 10,000 BTC back then...  So you've lost most of your coin?  No shit you "should have done much better." Cheesy

He is either a liar or very bad at maths. On the 17 th of Feb he stated his average buying price is 85 USD...

I have a trading stash and cold storage. I don't take profits from cold storage, which had a buy-in of $9/btc.
That's my retirement.

My trading account has lost money in USD terms, but I have increased my BTC count substantially. Kinda sucks, but I'm still learning.


ElectricMucus
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March 07, 2015, 12:29:26 AM

Bitstamp is just a rumpled husk of its former self. I saw 7 minutes between trades a while back... sad. Gonna take a while to make back that near 20k btc lost with commissions.

That's a cause for celebration, un-ironically. Apparently SOME people do learn.
ElectricMucus
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March 07, 2015, 12:32:09 AM

but I'm still learning.




you mean not yet.
NotHatinJustTrollin
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March 07, 2015, 12:32:35 AM

Longs on bitfinex almost at $20M again, trololololol




NotHatinJustTrollin
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March 07, 2015, 12:43:03 AM

-Weak pump that can't even touch $300:
Check

-Lots of longs on bitfinex despite price not moving much and looking toppish:
Check

-Very low Bid Sum on all exchanges:
Check

Euphoria from the bulls at the top of the pump talking about buying boats:
Check
12345mm
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March 07, 2015, 12:52:23 AM

yeah ... bitcoin isn't a pump and dump mechanism ... except ... every single person refers to increasing price from buying as pump and decreasing price from selling as dump ...  Roll Eyes
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March 07, 2015, 12:55:24 AM

Someone trying to push the price with a 400 btc buy order at bitfinex?

It's very difficult to push price in the direction you want it to go.  You have to drive the bid and ask sums more than the price so you can minimize slippage when you take profits.  The profits are often less than the cost of pushing the price. You can sometimes trick the market with fake walls, but that can backfire if someone takes a big bite out of your wall before you can pull it.

A whale with the right skill could almost print money with minimal risk, but if you run into another whale, he could take you out. For us minnows, the ideal situation is competing whales that we can skim off of, trading the churn.
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March 07, 2015, 12:55:49 AM


camolist
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March 07, 2015, 12:57:19 AM

lowered my margin buy by 25 btc (back to 150 i had added 25 in the low 60s) not sure where we are going short term  Cool
ChartBuddy
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March 07, 2015, 12:59:21 AM

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podyx
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March 07, 2015, 01:03:29 AM

...I'm up over ... 3000% last five years. I'm just pissed because I should have done much much better.

3000% in 5 years?  Let's see, a $20 pizza was sold for 10,000 BTC back then...  So you've lost most of your coin?  No shit you "should have done much better." Cheesy



 Grin

I read that you increased ur btc though, that's whats counts
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