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

[bri912678]

Not sure if this is the right place ask, but what are those dumps all about?  I'm starting to feel a bit uneasy...

I thought the stress test would provoke dumps yesterday and nothing happened. The dumps today might be a delayed reaction to the stress tests. They might have happened anyway, but their timing is quite a coincidence.

[darkangel11]

Not sure if this is the right place ask, but what are those dumps all about?  I'm starting to feel a bit uneasy...

I thought the stress test would provoke dumps yesterday and nothing happened. The dumps today might be a delayed reaction to the stress tests. They might have happened anyway, but their timing is quite a coincidence.

Doesn't look like a lot of selling pressure, just ~2k dumped on finex, move on.

[Natalia_AnatolioPAMM]

Not sure if this is the right place ask, but what are those dumps all about?  I'm starting to feel a bit uneasy...

I've been uneasy for a long time already

[Elwar]

Dollar just gained in value. The EUR/BTC price did not budge.

[ChartBuddy]

Coin
Explanation

[Lauda]

gmaxwell said he's going to sell his coins eventually - now here's another one:

<phantomcircuit> note: i personally will divest entirely before the fork date...

Protesting the fork by threatening to sell off isn't going to work. Bitcoin can live without such individuals.

Not sure if this is the right place ask, but what are those dumps all about?  I'm starting to feel a bit uneasy...

I thought the stress test would provoke dumps yesterday and nothing happened. The dumps today might be a delayed reaction to the stress tests. They might have happened anyway, but their timing is quite a coincidence.

I wasn't concerned about it at all. Such tests only prove to be expensive for the people running them. At most there were about 10-12k unconfirmed transactions which isn't even that much. The network has recovered pretty quickly and the price has remained pretty much the same. It looks like we can't find a solid ground above $250 yet.

[Nas]

gmaxwell said he's going to sell his coins eventually - now here's another one:

<phantomcircuit> note: i personally will divest entirely before the fork date...

Protesting the fork by threatening to sell off isn't going to work. Bitcoin can live without such individuals.

Well said. Bitcoin is decentralized system, almost 1 million people use it. You can't threat whole community to sell your coins if you don't get what you want. Sell and see how community reacts. Good guys will win in the end.

[tarmi]

selling coins before the fork is not a threat, but common sense.

[tarmi]

Of course it's better than using Bitcoin on the wrong side of the fork. We've already seen forks and some nodes tried to go their own way, but it worked out as expected.

until it doesn't.

[BlackSpidy]

Are there any official news on the fork yet?

[ChartBuddy]

Coin
Explanation

[Elwar]

Are there any official word on the fork yet?

Yes. Menu.

[Lauda]

selling coins before the fork is not a threat, but common sense.

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

I sure hope they are selling to people who appreciate Bitcoin.

It really depends on the amount of Bitcoins that they own. I doubt that they would instantly sell everything which wouldn't make much sense and they would get less money for their coins.
I think that this might actually be a nice time to buy. This is what some have been preaching for $220-230 but many didn't believe it and here we are now.

[tarmi]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

[hdbuck]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??

[ChartBuddy]

Coin
Explanation

[8up]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??

Why make this public in the first place? To frighten others? To harden his position? LMAO

I personally hope many early adopters fold their bitcoins (out of ideology) - this will be remembered as the best moment in bitcoin history to buy. And it will be a great favor to bitcoin because it will provide better distribution to a wide audience.

[luckygenough56]

Not sure if this is the right place ask, but what are those dumps all about?  I'm starting to feel a bit uneasy...

I've been uneasy for a long time already

feel like chasing tulips 

[coinpr0n]

Are there any official news on the fork yet?

Looks like they're (Gavin and Co.) going to go the BIP route, which I personally think is a good idea. There's discussion around the BIP happening right now (mainly on the mailinglist and on this github repo).

[ssmc2]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??

https://bitcointalk.org/index.php?topic=1076024.0

Seemed mostly posturing to me. But hey, let him sell. Adios, sucka.